News Archive
US pre-open: Futures lower ahead of FOMC decision
11th Jun 2024 10:36
(Sharecast News) - Wall Street futures were in the red ahead of the bell on Tuesday as market participants prepared for the Federal Reserve's two-day policy meeting to kick off.
Read moreRaspberry Pi prices IPO at 280p per share
11th Jun 2024 10:17
(Sharecast News) - Raspberry Pi Holdings announced the pricing of its initial public offering (IPO) on Tuesday, at 280p per share, following the confirmation of its intention to float on 22 May.
Read moreCoral Products to reinstate interim dividend, FY earnings seen in line
11th Jun 2024 10:08
(Sharecast News) - Plastic products manufacturer Coral Products said on Tuesday that it intends to reinstate interim dividends after its recent full-year performance came in line with market expectations.
Read moreFrench snap elections are 'credit negative', warns Moody's
11th Jun 2024 10:03
(Sharecast News) - Credit ratings agency Moody's has said that president Emmanuel Macron's decision to call for a snap election is credit negative for the French economy and increases upside risks to the country's growing debt pile.
Read moreRio Tinto to buy Mitsubishi's 11.7% stake in Boyne aluminium smelter
11th Jun 2024 09:34
(Sharecast News) - Rio Tinto said on Tuesday that it has agreed to buy Mitsubishi Corporation's 11.65% interest in Boyne Smelters (BSL) for an undisclosed sum.
Read moreRenew Holdings acquires electricity transmission and distribution business
11th Jun 2024 09:09
(Sharecast News) - Engineering services company Renew has entered into the electricity transmission and distribution market with its £26.0m acquisition of Excalon.
Read moreCapricorn Energy reports first production at Sangomar development
11th Jun 2024 08:57
(Sharecast News) - Exploration and development company Capricorn Energy said on Tuesday that first production from its Sangomar Field development offshore Senegal has commenced after it received confirmation from Woodside Energy that the first oil condition under the sale and purchase agreement has been satisfied.
Read moreAsia report: Markets mixed as investors look to Fed decision
11th Jun 2024 08:50
(Sharecast News) - Asia-Pacific markets presented a mixed performance on Tuesday, reflecting a cautious sentiment as traders awaited the US Federal Reserve's decision on Wednesday.
Read moreAtos shares slide as it agrees to dilutive restructure
11th Jun 2024 08:50
(Sharecast News) - Shares in French IT giant Atos were sliding on Tuesday morning, after it announced that its board had decided to proceed with a restructuring plan that would seriously dilute the equity of existing shareholders.
Read moreCiti hikes Hikma price target, cites 'healthy trends' for injectables and US Generics
11th Jun 2024 08:45
(Sharecast News) - Citi lifted its price target on Hikma Pharmaceuticals on Tuesday to 2,845p from 2,770p as it said IQVIA April data highlighted "healthy trends" for injectables and US Generics.
Read moreHeathrow sees record passenger numbers in year to May
11th Jun 2024 08:44
(Sharecast News) - Heathrow served a record number of passengers over the past year after the the busiest-ever May, the UK airport announced on Tuesday.
Read moreNovacyt settles High Court dispute with DHSC
11th Jun 2024 08:05
(Sharecast News) - Biotechnology group Novacyt and the UK's Department of Health and Social Care have reached a commercial settlement of all claims and counterclaims in High Court proceedings.
Read moreEurope open: Shares up despite political woes; Atos dives as Kretinsky Czechmated
11th Jun 2024 07:56
(Sharecast News) - European shares rallied at the open on Tuesday as investors put aside concerns over the rise of far-right parties in European parliament elections to focus on a US interest rate decision and inflation data later in the week.
Read moreLondon open: Stocks edge up as investors mull jobs data
11th Jun 2024 07:54
(Sharecast News) - London stocks edged higher in early trade on Tuesday as data showed that UK wages grew faster than expected in the three months to April.
Read moreOxford Instruments shares jump on profit beat, restructure plan
11th Jun 2024 07:45
(Sharecast News) - Shares in Oxford Instruments surged on Tuesday after the industrial and scientific research tech group announced plans to simplify its corporate structure alongside full-year profits that came in ahead of expectations.
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