News Archive
IQE co-founder to step down with immediate effect
19th Jun 2024 07:17
(Sharecast News) - The co-founder of IQE is stepping down with immediate effect, the semiconductor specialist confirmed on Wednesday, after nearly 36 years with the business.
Read moreUK inflation eases to BoE's 2% target
19th Jun 2024 07:15
(Sharecast News) - Annual consumer price inflation fell to 2% in May from 2.3% in April, in line with expectations, according to figures released on Wednesday by the Office for National Statistics.
Read moreGames Workshop sees jump in FY profit to at least £200m
19th Jun 2024 07:02
(Sharecast News) - Shares in Games Workshop surged on Wednesday as the Warhammer maker said it expected a jump in annual pre-tax profits to at least £200m compared to £171m a year earlier.
Read moreUS close: Nvidia lifts S&P 500 and Nasdaq to new heights
18th Jun 2024 22:47
(Sharecast News) - US stock inched higher on Tuesday with the S&P 500 and Nasdaq eking out new record highs on the back of yet more gains from Nvidia, which surpassed Microsoft as the world's most valuable listed company.
Read moreSector movers: Electricity companies, precious metals miners pace gains
18th Jun 2024 17:26
(Sharecast News) - Stocks caught a bid on Tuesday despite the release of weaker-than-expected retail sales data in the States for the month of May.
Read moreLondon close: Stocks manage a positive finish
18th Jun 2024 16:33
(Sharecast News) - London stocks closed on a high note on Tuesday, buoyed by strong performances from key sectors and a notable rise in Whitbread shares following positive first-quarter results.
Read moreEurope close: Banks and travel stocks drive markets higher
18th Jun 2024 15:42
(Sharecast News) - Decent gains in the banking and travel-leisure sector drove European markets higher on Tuesday as stocks rebounded following a sell-off last week, as investors await central bank meetings across the continent.
Read moreFTSE 250 movers: HL surges on CVC offer; Telecom Plus disconnected
18th Jun 2024 15:35
(Sharecast News) - FTSE 250 (MCX) 20,388.49 1.13%
Read moreFTSE 100 movers: Whitbread rallies; Ashtead slumps after results
18th Jun 2024 15:09
(Sharecast News) - London's FTSE 100 was up 0.6% at 8,192.18 in afternoon trade on Tuesday.
Read moreUS industrial production shoots past forecasts in May, capacity use jumps
18th Jun 2024 13:57
(Sharecast News) - Industrial production in the States shot higher last month on the back of increased levels of output in manufacturing and from utilities.
Read moreHargreaves willing to recommend new takeover offer from CVC consortium
18th Jun 2024 13:54
(Sharecast News) - Hargreaves Lansdown said on Tuesday that it would be willing to recommend a firm takeover approach at 1,140p a share from a consortium led by CVC Capital Partners and has therefore requested an extension to the 'put up or shup up' deadline.
Read moreHargreaves Lansdown to seek bid extension - report
18th Jun 2024 13:48
(Sharecast News) - Hargreaves Lansdown is reportedly set to extend talks with a consortium of private investors who have proposed buying the company in a deal worth about £5bn.
Read moreCordel inks deal with Middle East customer
18th Jun 2024 13:37
(Sharecast News) - Transport technology and artificial intelligence (AI) specialist Cordel Group announced a significant new customer contract in the Middle East on Tuesday.
Read moreCordel inks deal with Middle East customer
18th Jun 2024 13:37
(Sharecast News) - Transport technology and artificial intelligence (AI) specialist Cordel Group announced a significant new customer contract in the Middle East on Tuesday.
Read moreCMC Markets valuation too 'generous', says Canaccord Genuity
18th Jun 2024 13:35
(Sharecast News) - Analysts at Canaccord Genuity reiterated their 'sell' recommendation for shares of CMC Markets, arguing that their valuation was too "generous".
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