News Archive

German factory orders decline for fourth straight month

6th Jun 2024 07:16

(Sharecast News) - Factory orders in Germany registered an unexpected fall in April, declining for the fourth month in a row despite predictions of a slight rebound.

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Mitie revenues hit record £4.5bn on contract wins

6th Jun 2024 07:05

(Sharecast News) - Annual profits at outsourcing giant Mitie surged as revenues hit a record £4.5bn - in line with company expectations laid out in April's trading update.

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US close: S&P 500, Nasdaq hit new highs as Nvidia leads tech stocks higher

5th Jun 2024 21:14

(Sharecast News) - US stocks rose strongly on Wednesday with the S&P 500 and Nasdaq both finishing at new record highs on the back a big surge in the share price of chipmaker Nvidia, which topped a new market cap $3 trillion.

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Europe close: Stocks bounce back

5th Jun 2024 18:21

(Sharecast News) - European shares extended gains on Wednesday as a softer US jobs market report increased hopes of a cut in US interest rates, while investors also looked ahead to a similar move from the European Central Bank tomorrow.

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London close: Stocks end on mixed note

5th Jun 2024 18:13

(Sharecast News) - London stocks finished on a mixed note, underperforming peers on the other side of the Channel and across the Pond.

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Director dealings: Entain chairman raises stake

5th Jun 2024 15:19

(Sharecast News) - Entain revealed on Wednesday that chairman Barry Gibson had acquired 5,066 ordinary shares in the FTSE 100-listed sports betting group.

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Broker tips: Pearson, Future, Haleon

5th Jun 2024 15:18

(Sharecast News) - Citi opened a 90-day "positive catalyst watch" on Pearson shares on Wednesday as it pointed to an attractive risk/reward.

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US services activity recovers in May, ISM says

5th Jun 2024 15:05

(Sharecast News) - Activity in the US services sector improved noticeably during the previous month, the results of a closely followed survey showed.

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US services activity picks up in May, S&P says

5th Jun 2024 14:58

(Sharecast News) - Services sector activity in the States picked up noticeably midway through the second quarter of 2024, the results of a survey revealed.

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FTSE 250 movers: Discoverie slumps; Workspace rallies

5th Jun 2024 14:20

(Sharecast News) - FTSE 250 (MCX) 20,651.78 -0.32%

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FTSE 100 movers: Pearson boosted by Citi note; B&M in the red

5th Jun 2024 14:18

(Sharecast News) - London's FTSE 100 was up 0.5% at 8,271.30 in afternoon trade on Wednesday.

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US open: Stocks mixed as traders digest ADP reading

5th Jun 2024 14:14

(Sharecast News) - Wall Street stocks were mixed early on Wednesday as market participants digested a number of data points.

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HanesBrands to sell Champion to Authentic for up to $1.5bn

5th Jun 2024 13:53

(Sharecast News) - HanesBrands said on Wednesday that it has agreed to sell its Champion business to Authentic Brands Group for up to $1.5bn.

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US private sector adds fewer jobs than expected in May - ADP

5th Jun 2024 13:45

(Sharecast News) - Private sector employment in the US rose less than expected in May, according to figures released on Wednesday by ADP.

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Thursday preview: ECB, German factory orders in focus

5th Jun 2024 13:22

(Sharecast News) - All eyes on Thursday will be on the European Central Bank's policy meeting.

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