News Archive

US pre-open: Stocks set for lower start, politics and Apple in focus

10th Jun 2024 14:11

(Sharecast News) - Stocks were being called to start Monday's session a tad lower following the French President's decision to call snap parliamentary elections at the end of June.

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FTSE 100 movers: Ashtead falls on US switch talk

10th Jun 2024 13:47

(Sharecast News) - FTSE 100 (UKX) 8,222.29 -0.28%

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London midday: Stocks slip on political uncertainty, US data

10th Jun 2024 11:52

(Sharecast News) - Political instability in Europe hit market sentiment on Monday, with the UK's FTSE 100 falling to its lowest in nearly two weeks, dampened further by speculation that Ashtead could become the latest blue chip to leave the London market.

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Europe midday: Political risks spook investors as Macron calls snap poll

10th Jun 2024 11:19

(Sharecast News) - European shares were lower on Monday as investors assessed the impact of gains made by far-right anti-immigrant political parties in European Parliament elections that saw France President Emmanuel Macron call a snap poll in response to his party suffering a heavy defeat.

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Diller Noble acquires Diamond Offshore for $1.6bn

10th Jun 2024 10:30

(Sharecast News) - Texas-based oil company Noble Corporation has announced plans to snap up Diamond Offshore Drillling for $1.6bn.

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Eurozone investor confidence at highest in two years

10th Jun 2024 09:18

(Sharecast News) - Investor confidence in the eurozone turned positive in June, with the Sentix Economic Index rising for the eight month in a row.

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London open: Political instability hits stocks early on

10th Jun 2024 08:42

(Sharecast News) - UK stocks followed European markets lower on Monday with investor risk appetite dampened by election news from the continent as far-right parties advanced.

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Asia report: Stocks mixed on quiet day for region

10th Jun 2024 08:04

(Sharecast News) - Asia-Pacific markets finished with a mixed performance on Monday following a stronger-than-expected US jobs report, which revealed increased hiring and wage growth for May.

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Europe open: Shares fall amid political turmoil as Macron calls snap poll

10th Jun 2024 08:02

(Sharecast News) - European shares opened lower on Monday as investors assessed the impact of gains made by far-right anti-immigrant political parties in European Parliament elections that saw France President Emmanuel Macron call a snap poll in response to his party suffering a heavy defeat.

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Gulf Marine Services confirms four-year contract

10th Jun 2024 07:58

(Sharecast News) - Gulf Marine Services, a provider of self-propelled and self-elevating support vessels for the offshore oil, gas, and renewables sectors, confirmed the signing of the second phase of a four-year contract for one of its vessels operating in the Middle East on Monday.

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Arecor Therapeutics shares tank on funding update

10th Jun 2024 07:52

(Sharecast News) - The share price of AIM-listed Arecor Therapeutics dropped by almost a third on Monday after the biopharma firm warned that its working capital requirements had "accelerated" while full-year revenues remain highly uncertain.

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Triple Point reports improved rent collection in first quarter

10th Jun 2024 07:49

(Sharecast News) - Triple Point Social Housing REIT reported a robust performance in the first quarter on Monday, with a significant increase in rent collection and ongoing rental growth.

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Tuesday preview: UK employment, US Treasury auctions in focus

10th Jun 2024 07:34

(Sharecast News) - Investors' focus on Tuesday will be on the UK employment report for the month of April.

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CLS offloads two non-core assets for £11m

10th Jun 2024 07:32

(Sharecast News) - Commercial property investment group CLS Holdings has offloaded two properties for a combined £10.7m, shedding non-core assets that were initiallly acquired as part of a larger portfolio purchase.

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GSK's Arexvy vaccine approved for wider age range

10th Jun 2024 07:17

(Sharecast News) - US regulators have approved the use of GSK's Arexvy vaccine for a younger age group, the biopharma group announced on Monday.

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