News Archive

FTSE 250 movers: Ocado slumps on downgrade

15th Jul 2024 15:33

(Sharecast News) - FTSE 250 (MCX) 21,106.48 -0.45%

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Sir Paul Marshall could pull out of bidding for the Telegraph

15th Jul 2024 15:07

(Sharecast News) - The anticipated takeover bid for the Telegraph by hedge fund tycoon Sir Paul Marshall was facing uncertainty on Monday, just days before the bid submission deadline.

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FTSE 100 movers: Burberry tumbles on profit warning; miners in the red

15th Jul 2024 15:06

(Sharecast News) - London's FTSE 100 was down 0.8% at 8,183.33 in afternoon trade on Monday.

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US open: Stocks higher as Q2 earnings season begins to pick up steam

15th Jul 2024 14:46

(Sharecast News) - Wall Street stocks were in the green early on Monday as Q2 earnings and an attempt on former president Donald Trump's life were both firmly in focus.

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Macy's ends takeover talks with Arkhouse, Brigade

15th Jul 2024 14:06

(Sharecast News) - Macy's tumbled on Monday after the department store chain said it had ended takeover talks with private equity firms Arkhouse Management and Brigade Capital Management after months of negotiations.

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Goldman Sachs Q2 profits soar amid increased dealmaking

15th Jul 2024 13:35

(Sharecast News) - Goldman Sachs said on Monday that profits had soared 150% year-on-year in Q2 on the back of increased investment banking activity during the period.

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UK govt cuts NatWest stake to below 20%

15th Jul 2024 13:02

(Sharecast News) - The UK government has sold more shares in NatWest, taking its stake to below 20% the bank said on Monday.

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London close: Stocks slide on China data, Burberry warning

15th Jul 2024 12:46

(Sharecast News) - London stocks ended Monday in negative territory, influenced by weaker-than-expected Chinese GDP figures and a profit warning from luxury fashion house Burberry.

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BlackRock assets under management reach record $10.6trn

15th Jul 2024 12:34

(Sharecast News) - BlackRock announced a robust set of second-quarter results on Monday, as its total assets under management reached a fresh record amid growth across its platform.

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Thor Explorations flags solid progress in Nigeria, Senegal

15th Jul 2024 12:30

(Sharecast News) - Thor Explorations reported substantial production achievements at its Segilola Gold Mine in Nigeria in an update on Monday, as well as significant progress in its exploration projects in Nigeria and Senegal.

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Longboat sells LJN stake, turns focus to Southeast Asia

15th Jul 2024 12:20

(Sharecast News) - Southeast Asia-focussed explorer and developer Longboat Energy announced on Monday that it has completed the sale of its 50.1% stake in Longboat Japex Norge (LJN) to its joint venture partner, Japan Petroleum Exploration (Japex).

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Cleveland-Cliffs to buy Stelco in $2.5bn deal

15th Jul 2024 12:18

(Sharecast News) - US flat-rolled steel producer Cleveland-Cliffs said on Monday that it has agreed to buy Stelco in a $2.5bn cash and stock deal.

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Alba Mineral Resources reports progress at Clogau-St David's

15th Jul 2024 12:15

(Sharecast News) - Alba Mineral Resources updated the market on activities at its wholly-owned Clogau-St David's Gold Mine in North Wales on Monday, reporting progress in both waste tip processing and underground operations.

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Vast Resources raises £0.6m for Baita Plai reorganisation

15th Jul 2024 12:09

(Sharecast News) - Vast Resources announced a successful equity placing on Monday, raising £0.6m through the issue of 600 million ordinary shares at a price of 0.1p each, to fund its reorganisation plan at Baita Plai.

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Jefferies keeps Prudential at 'buy' despite multiple headwinds in Asia

15th Jul 2024 12:07

(Sharecast News) - Jefferies has trimmed its target price for Prudential ahead of the insurer's first-half results next month, but has reiterated a 'buy' rating, saying that the stock's current low valuation is unwarranted.

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