News Archive
London midday: Stocks dip as investors eye UK inflation, BoE
17th Jun 2024 10:45
(Sharecast News) - London stocks had dipped into the red by midday on Monday as worries about French political uncertainty crept in again, and as investors eyed a key UK inflation reading and the latest policy announcement from the Bank of England later in the week.
Read moreUS pre-open: Futures mixed, but Nasdaq tests new highs
17th Jun 2024 10:35
(Sharecast News) - US stock futures were pointing to a mixed start on Wall Street on Monday, though the Nasdaq is expected to test new highs to start a shortened trading week.
Read moreGoldman Sachs downgrades SSP to 'sell', prefers WH Smith
17th Jun 2024 10:05
(Sharecast News) - Goldman Sachs downgraded SSP on Monday to 'sell' from 'neutral' "on a relative basis" as it took a look at European travel concessions.
Read moreCornish Metals agrees sale of Nickel King Property
17th Jun 2024 09:54
(Sharecast News) - Cornish Metals announced on Monday that it has entered into a binding letter of intent with Northera Resources for the sale of its 100% interest in the Nickel King and Opescal Lake properties, collectively known as the Nickel King Property.
Read moreUBS to book $900m provision over Greensill supply financing funds
17th Jun 2024 09:47
(Sharecast News) - Swiss banking giant UBS announced on Monday that it expected to book a provision of about $900m related to Credit Suisse's funds, tied to the collapsed supply chain financing firm Greensill Capital.
Read moreAsia report: Markets fall as investors digest wave of China data
17th Jun 2024 09:31
(Sharecast News) - Asia-Pacific markets were primarily in the red on Monday, as investors digested key economic data from China.
Read moreCiti downgrades European equities to 'neutral'
17th Jun 2024 09:30
(Sharecast News) - Citi downgraded its stance on European equities on Monday to 'neutral' from 'overweight' as it said near-term risks have increased, with markets narrowing and political uncertainty taking centre stage.
Read moreHutchmed publishes positive sovleplenib trial results
17th Jun 2024 09:28
(Sharecast News) - Hutchmed China announced the publication of positive results from its phase three 'ESLIM-01' trial of sovleplenib in the Lancet Haematology.
Read moreUK manufacturing outlook improves as output and orders gain in Q2
17th Jun 2024 09:19
(Sharecast News) - The outlook for the UK's manufacturing sector as picked up after output and orders rose strongly in the second quarter, according to a survey from Make UK released on Monday.
Read moreSomero trading in line with expectations
17th Jun 2024 09:07
(Sharecast News) - Somero Enterprises said in an update on Monday that trading for the first five months of 2024 was consistent with expectations.
Read moreAptitude inks three-year deal with US insurance brokerage
17th Jun 2024 09:02
(Sharecast News) - Financial software solutions provider Aptitude Software announced a significant contract win with a prominent multibillion-dollar insurance brokerage in the United States on Monday.
Read morePicton Property reports solid asset management progress
17th Jun 2024 08:58
(Sharecast News) - Picton Property Income announced significant developments in its asset management strategy on Monday.
Read moreCLS to convert Paris office into serviced apartments
17th Jun 2024 08:55
(Sharecast News) - CLS Holdings announced plans on Monday to convert its Debussy office property on Boulevard de la République in La Garenne-Colombes, Paris, into serviced apartments.
Read moreRising freight costs shouldn't hit B&M too much, says RBC
17th Jun 2024 07:55
(Sharecast News) - RBC Capital Markets has said that rising freight costs shouldn't have a material impact on budget retail B&M, as it kept an 'outperform' rating on the stock.
Read moreLondon open: Stocks gain as investors eye CPI, BoE decision
17th Jun 2024 07:54
(Sharecast News) - London stocks rose in early trade on Monday as investors eyed a key UK inflation reading and the latest policy announcement from the Bank of England later in the week.
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