News Archive
Google must face £13.6bn lawsuit over advertising, court rules
5th Jun 2024 12:13
(Sharecast News) - A £13.6bn lawsuit brought against Google over its dominance in the online advertising market will go ahead, a UK court ruled on Wednesday.
Read moreSAP to snap up WalkMe in $1.5bn deal
5th Jun 2024 12:02
(Sharecast News) - German software giant SAP has agreed to buy WalkMe in a $1.5bn deal, it was confirmed on Wednesday, sending shares in the Israel-based firm soaring.
Read moreBerenberg upgrades Taylor Wimpey to 'buy'
5th Jun 2024 12:00
(Sharecast News) - Berenberg has upgraded Taylor Wimpey to 'buy' following a review of UK housebuilders ahead of next month's general election.
Read moreTungsten West CEO makes abrupt exit
5th Jun 2024 11:43
(Sharecast News) - Shares in tungsten and tin miner Tungsten West were volatile on Wednesday after the Hemerdon mine owner announced the abrupt exit of its chief executive officer.
Read moreUS pre-open: Futures trade higher ahead of ADP jobs report
5th Jun 2024 11:28
(Sharecast News) - Wall Street futures were in the green ahead of the bell on Wednesday as market participants looked ahead to employment statistics from payrolls firm Automatic Data Processing.
Read moreEurope midday: Rate cut optimism sees Stoxx extend gains
5th Jun 2024 11:23
(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.
Read moreBank of Canada cuts rates by 25 basis points, as expected
5th Jun 2024 11:14
(Sharecast News) - The Bank of Canada cut interest rates on Wednesday by 25 basis points, as widely expected.
Read moreLondon midday: Stocks stay up ahead of ECB rate cut
5th Jun 2024 11:13
(Sharecast News) - London stocks were still firmer by midday on Wednesday as weaker-than-expected US jobs data fuelled expectations of a rate cut by the Federal Reserve later this year and ahead of expected cuts by the Bank of Canada and the European Central Bank.
Read moreFuture's stock has further to run, says JPMorgan
5th Jun 2024 11:06
(Sharecast News) - JPMorgan has recommended keeping an 'overweight' position in shares of Future despite the huge jump in the British publisher's stock over the past year, saying the investment case is still "compelling" at these levels.
Read moreAngle unveils plans to raise more than £10m
5th Jun 2024 10:08
(Sharecast News) - Liquid biopsy specialist Angle is to raise more than £10m to support future growth, the UK company announced on Wednesday.
Read moreDiscoverie operating profits up double-digits YOY
5th Jun 2024 10:04
(Sharecast News) - Electronic components manufacturer Discoverie reported a double-digit increase in profits for the year ended 31 March, thanks to strong growth in underlying operating margins.
Read moreCiti opens 90-day 'positive catalyst watch' on Pearson shares
5th Jun 2024 09:57
(Sharecast News) - Citi opened a 90-day "positive catalyst watch" on Pearson shares on Wednesday as it pointed to an attractive risk/reward.
Read moreElectric and hybrid sales drive new car registrations higher in May
5th Jun 2024 09:34
(Sharecast News) - New car sales in the UK climbed in May on the back of strong growth in hybrid and electric vehicles, offsetting a decline in demand for diesel and petrol models.
Read moreTiktok takes measures to block cyber attack
5th Jun 2024 09:33
(Sharecast News) - Chinese social media giant TikTok has taken measures to halt a cyber-attack aimed at several brand and celebrity accounts.
Read moreNinety One full-year AuM fall, dividend cut
5th Jun 2024 09:32
(Sharecast News) - Ninety One posted a drop in full-year assets under management on Wednesday and cut its dividend as it said business conditions remained "challenging".
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