News Archive
Sunday share tips: Londonmetric
14th Jul 2024 12:01
(Sharecast News) - The Financial Mail on Sunday's Midas column tipped shares of LondonMetric to its readers, highlighting its long record of dividend payouts, focus on the fast-growing bits of the economy and "rude" financial health.
Read moreUS close: Markets rise despite bank sell-off as rate-cut hopes increase
12th Jul 2024 22:22
(Sharecast News) - US stocks finished higher with the Dow topping the 40,000 mark for the first time in nearly two months despite a gloomy start to bank earnings season, as expectations of an interest-rate cut in September continued to climb.
Read moreSector movers: Real Estate, Homebuilders still being sought out
12th Jul 2024 17:15
(Sharecast News) - Real estate names and homebuilders paced gains at the end of the week amid ongoing optimism around Labour having come out on top in the elections.
Read moreEurope close: Stocks rise after US producer price data, French names lead
12th Jul 2024 16:31
(Sharecast News) - European shares were higher on Friday, with sentiment buoyed by inflation data that economists said presaged a further slowdown in price pressures, thus raising hopes of a rate cut in September.
Read moreLondon close: UK stocks, sterling extend gains
12th Jul 2024 16:05
(Sharecast News) - London stocks were in the black again with sentiment boosted by US rate cut hopes.
Read moreBroker tips: Hays, Softcat, Vodafone, BHP
12th Jul 2024 15:29
(Sharecast News) - RBC Capital Markets cut its price target on Hays on Friday after the recruiter said a day earlier that full-year profit was set to be around the bottom end of the market consensus range of £106m to £113m as it posted a drop in fourth-quarter net fees.
Read moreDirector dealings: Cobra Resources director ups stake
12th Jul 2024 15:29
(Sharecast News) - Cobra Resources revealed on Friday that director David Clarke had acquired 1.40m ordinary shares in the London-listed exploration company.
Read moreUS open: Stocks trade higher following bank earnings
12th Jul 2024 15:09
(Sharecast News) - Wall Street stocks were in the green early on Thursday as investors digested more key inflation data and a number of earnings from major US banks.
Read moreFTSE 250 movers: Moonpig rebounds; Workspace slides
12th Jul 2024 14:59
(Sharecast News) - FTSE 250 (MCX) 21,151.31 -0.18%
Read moreFTSE 100 movers: Smurfit Westrock up on JPM note; water firms give back gains
12th Jul 2024 14:32
(Sharecast News) - London's FTSE 100 was up 0.3% at 8,250.61 in afternoon trade on Friday.
Read moreLufthansa issues profits warning as Q2 earnings fall
12th Jul 2024 14:01
(Sharecast News) - Deutsche Lufthansa on Friday slashed annual earnings estimates for a second time and also issued a profit warning as it struggled with higher costs and lower business demand.
Read moreUnilever to cut third of office roles in Europe - report
12th Jul 2024 13:40
(Sharecast News) - Unilever is reportedly planning to cut a third of all office roles in Europe by the end of next year, as the company's new chief executive forges ahead with his plan to boost growth at the struggling consumer goods giant.
Read moreBHP and Vale ink deal on UK group action for 2015 Brazil dam breach
12th Jul 2024 13:39
(Sharecast News) - Iron ore miner Vale has agreed to pay half of any awards to claimants as part of the UK group action against BHP for the 2015 failure of the Fundao dam in Brazil.
Read moreUS PPI comes in hotter than expected in June
12th Jul 2024 13:28
(Sharecast News) - The US producer price index advanced 0.2% in June, according to the Bureau of Labor Statistics, slightly more than the 0.1% increase expected on the Street.
Read moreWeek ahead: BoE, ECB in focus
12th Jul 2024 12:50
(Sharecast News) - The coming week will bring with it potentially key readings for inflation and employment that some economists believe may decide whether or not the Bank of England cuts interest rates in August.
Read more