News Archive

China's trade surplus jumps to four-month high

7th Jun 2024 07:28

(Sharecast News) - China's trade surplus expanded to a three-month high in May as exports rose more than expected.

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London pre-open: Stocks to edge up ahead of payrolls

7th Jun 2024 07:27

(Sharecast News) - London stocks were set to edge higher on Friday as investors eyed the latest US non-farm payrolls report.

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Asia report: Shares mixed ahead of US payrolls

7th Jun 2024 07:24

(Sharecast News) - Asian stocks were mixed on Friday as investors awaited a key jobs report from the US, while upbeat trade data from China was overshadowed by a report that some Republican lawmakers had called for a ban of Chinese car battery imports.

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Bellway lifts price guidance after strong spring selling season

7th Jun 2024 07:12

(Sharecast News) - Housebuilder Bellway has kept its guidance for housing completions this fiscal year but has lifted its forecast for pricing.

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Friday newspaper round-up: Boohoo, Post Office, Mike Lynch

7th Jun 2024 07:11

(Sharecast News) - A group of investors in Boohoo are seeking more than £100m in compensation from the online fashion specialist after reports in 2020 alleging its suppliers in Leicester were mistreating workers caused its share price to plummet. Shares in Boohoo dived more than 40% over several days, wiping more than £1.5bn off its valuation, after a 2020 Sunday Times report of labour rights violations at the group's suppliers' factories in Leicester suggested some workers were paid as little as £3.50 an hour, well below the legal minimum wage. - Guardian

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German industrial production unexpectedly falls, exports tick higher

7th Jun 2024 07:07

(Sharecast News) - German exports pushed higher in April, official data showed on Friday, but industrial production continued to disappoint.

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German industrial production unexpectedly falls, exports tick higher

7th Jun 2024 07:07

(Sharecast News) - German exports pushed higher in April, official data showed on Friday, but industrial production continued to disappoint.

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C&C Group CEO to step down after accounting errors discovered

7th Jun 2024 07:05

(Sharecast News) - C&C Group shares plunged on Friday after the drinks maker said chief executive Patrick McMahon would be stepping down after accounting errors in the last three years when he was chief finance director.

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House prices static in May - Halifax

7th Jun 2024 07:03

(Sharecast News) - House prices were largely unchanged last month, industry data showed on Friday, as the market continued to stabilise.

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US close: Stocks finish flat ahead of non-farm payrolls

6th Jun 2024 21:17

(Sharecast News) - US stocks finished mixed on Thursday, with the S&P 500 and Nasdaq pausing just under the record highs reached the previous session as investors refrained from taking on too much risk ahead of Friday's all-important employment report.

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London close: Stocks rise tracking record highs on Wall Street

6th Jun 2024 18:02

(Sharecast News) - London stocks moved up on Thursday even as they waited on a potentially key monthly jobs report due out the next day in the States.

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Director dealings: Hilton Food chairman offloads shares

6th Jun 2024 15:59

(Sharecast News) - Hilton Food Group revealed on Thursday that chairman Robert Watson had disposed of 14,747 ordinary shares in the FTSE 250-listed food packaging business.

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Broker tips: DCC, FirstGroup

6th Jun 2024 15:56

(Sharecast News) - JPMorgan Cazenove reinstated coverage of DCC on Thursday with an 'overweight' rating and 6,700.0p price target, stating that it was positive on the stock for three reasons.

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Europe close: Stocks finish higher after ECB cuts interests rates

6th Jun 2024 15:50

(Sharecast News) - European stocks finished firmly higher on Thursday after the European Central Bank cut interest rates for the first time in five years, pushing the regional Stoxx 600 index to a new all-time high.

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US open: Stock cautiously higher following jobless numbers

6th Jun 2024 15:17

(Sharecast News) - Major indices were cautiously higher early on Thursday as market participants digested a number of data points, including this week's jobless claims data from the Labor Department.

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