News Archive
Gulf Keystone returns a further $15m to shareholders
21st Jun 2024 07:52
(Sharecast News) - Kurdistan-focused oil producer Gulf Keystone saw shares jump on Friday after announcing it would return a further $15m to shareholders by way of an interim dividend following a solid performance in its first half, just one month after announcing a $10m share buyback programme.
Read moreLondon pre-open: Stocks seen flat as investors mull retail sales
21st Jun 2024 07:52
(Sharecast News) - London stocks were set for a flat open on Friday as investors mulled the latest retail sales data and consumer confidence reading.
Read moreUK government borrowing below forecasts but debt hits 63-year high
21st Jun 2024 07:51
(Sharecast News) - Underlying public-sector borrowing came in slightly lower than government forecasts last month, but still registered the third highest figure for a May on record, while debt swelled to its highest level in more than 60 years.
Read moreFriday newspaper round-up: Royal Mail, council tax, GSK
21st Jun 2024 07:50
(Sharecast News) - The owner of Royal Mail is facing a near £900m class action claim over accusations it abused its "dominant position" in the market for sending out bulk mail, including bank statements and weekly magazines. International Distribution Services (IDS) has been served with an £878m action by a newly formed company that said it represents an estimated 290,000 customers who claim they were overcharged as a result of Royal Mail's behaviour. - Guardian
Read moreElection nerves cast shadow over UK economy - PMI
21st Jun 2024 07:49
(Sharecast News) - Growth in the UK private sector unexpectedly slowed in June, a closely-watched survey showed on Friday, as uncertainty around the general election weighed on business.
Read moreInforma sees FY earnings at upper end of forecasts
21st Jun 2024 07:05
(Sharecast News) - Events group Informa on Friday said it was on track to deliver earnings at the upper end of guidance as revenues grew by 10.1% in the year to date.
Read moreUS close: S&P 500, Nasdaq pull back from records as Nvidia drops late on
20th Jun 2024 22:57
(Sharecast News) - US stocks finished mixed on Thursday with the Dow closing higher but the S&P 500 and Nasdaq retreating from record highs as Nvidia swung sharply into the red in afternoon trade.
Read moreEurope close: Stocks rise strongly as investors digest central bank meetings
20th Jun 2024 16:33
(Sharecast News) - European stocks rose strongly on Thursday after Switzerland cut interest rates for the second time this year, and expectations build that the Bank of England will follow suit at its next meeting.
Read moreLondon close: Stocks rise as BoE holds interest rates
20th Jun 2024 16:16
(Sharecast News) - London stocks ended Thursday on a positive note following the Bank of England's decision to maintain interest rates, aligning with market expectations despite the backdrop of decreasing inflation.
Read moreDirector dealings: M&G chair invests, Investec director offloads shares
20th Jun 2024 16:15
(Sharecast News) - Among the director dealings were disclosed to the market on Thursday were two involving executives from M&G and Investec Group.
Read moreAvacta Group appoints new non-executive chair
20th Jun 2024 16:09
(Sharecast News) - Life science company Avacta Group announced the appointment of Shaun Chilton as its non-executive chairman on Thursday, succeeding Eliot Forster, who was stepping down from the board with immediate effect.
Read moreBroker tips: SSP, Spectris, YouGov
20th Jun 2024 15:48
(Sharecast News) - Berenberg downgraded its stance on shares of Upper Crust owner SSP to 'hold' from 'buy' on Thursday and cut the price target to 180p from 280p as it said first-half results outlined earnings risks.
Read moreInterpath in advanced talks to buy KPMG's French restructuring arm - report
20th Jun 2024 15:09
(Sharecast News) - Interpath Advisory is reportedly in advanced talks to buy KPMG's restructuring division in France, with a deal possible as soon as next month.
Read moreFTSE 100 movers: DS Smith in the black; Ocado tumbles
20th Jun 2024 15:01
(Sharecast News) - London's FTSE 100 was up 0.6% at 8,252.48 in afternoon trade on Thursday.
Read moreUS housing starts and building permits drop to four-year lows
20th Jun 2024 15:00
(Sharecast News) - Both housing starts and building permits in the United States dropped sharply in May to their lowest levels since mid-2020, according to data released on Thursday.
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