News Archive
Volex posts record full-year profits
26th Jun 2024 07:20
(Sharecast News) - Power and data transmission technology specialist Volex reported record profits in its preliminary results on Wednesday, with a 26.3% increase in revenue to $912.8m, up from $722.8m year-on-year.
Read morePZ Cussons ends year as expected amid currency headwinds
26th Jun 2024 07:18
(Sharecast News) - PZ Cussons said in an update on Wednesday that trading in the final quarter of the financial year, which ended on 31 May, met management expectations.
Read moreAnglo's De Beers warns of "protracted" demand recovery as sales fall
26th Jun 2024 07:11
(Sharecast News) - Anglo American has reported another dip in rough diamond sales from De Beers as it warned of a "protracted" recovery in demand.
Read morePhoenix Group looks to offload SunLife business
26th Jun 2024 07:05
(Sharecast News) - Insurance and pensions group Phoenix on Wednesday said it was looking to offload its SunLife business after deciding it was no longer core to operations.
Read moreUS close: Nvidia pushes S&P 500 and Nasdaq higher, but Dow drops
25th Jun 2024 21:46
(Sharecast News) - The Dow finished lower on Tuesday while the S&P 500 and Nasdaq rebounded after a three-day losing streak as Nvidia's recent falls came to an end.
Read moreEurope close: Airbus woes and political uncertainty weigh on market
25th Jun 2024 16:30
(Sharecast News) - Heavy falls from Airbus and the rest of the aerospace sector hit stock markets across Europe on Tuesday, while growing uncertainty ahead of next week's first round of snap elections in France kept a lid on risk appetite.
Read moreLondon close: Stocks finish lower after Airbus profit warning
25th Jun 2024 15:54
(Sharecast News) - London stocks ended Tuesday in negative territory, influenced by significant losses in key sectors following a profit warning from Airbus.
Read moreTesla to recall more than 23,000 Cybertrucks
25th Jun 2024 15:47
(Sharecast News) - Electric car giant Tesla is recalling more than 23,000 Cybertrucks due to potential issues with their windshield wipers and trunk bed trims.
Read moreCarnival raises full-year guidance, shares pop
25th Jun 2024 15:16
(Sharecast News) - Carnival posted better-than-expected second quarter results and raised its full-year guidance on the back of a record cumulative booked position for 2024.
Read moreUS house prices hit fresh high in April, S&P says
25th Jun 2024 14:50
(Sharecast News) - US house prices hit fresh record highs in April, the results of a closely-followed survey revealed.
Read moreUS open: Markets mixed as Nvidia rebounds, Boeing drops
25th Jun 2024 14:34
(Sharecast News) - US stock markets opened mixed on Tuesday with the Dow in the red but the S&P 500 and Nasdaq snapping a three-day losing streak as Nvidia rebounded after recent falls.
Read moreFTSE 250 movers: Ocado hit by broker note; Bodycote, Babcock fall
25th Jun 2024 14:24
(Sharecast News) - London's FTSE 250 was down 0.9% at 20,377.54 in afternoon trade on Tuesday.
Read moreBroker tips: Segro, Admiral, Rolls-Royce
25th Jun 2024 14:24
(Sharecast News) - Citi has raised its target price for Segro from 1,069p to 1,149p and reiterated a 'buy' rating, hailing the industrial real estate group's structural growth ahead of an upcoming expected fall in interest rates.
Read moreFTSE 100 movers: Admiral boosted by upgrade; Melrose, Rolls-Royce slump
25th Jun 2024 14:21
(Sharecast News) - London's FTSE 100 was down 0.3% at 8,258.89 in afternoon trade on Tuesday.
Read moreWednesday preview: US new home sales, German consumer confidence in focus
25th Jun 2024 14:19
(Sharecast News) - Investors' focus in the middle of the week will be on the US housing market.
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