News Archive
Future'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".
Read moreRamsdens H1 PBT rises amid 'continued growth'
5th Jun 2024 09:24
(Sharecast News) - Pawnbroker Ramsdens said on Wednesday that pre-tax profits had risen in the six months ended 31 March on the back of "continued growth" across all key income streams.
Read moreSenior opens new French production facility
5th Jun 2024 09:03
(Sharecast News) - Manufacturing and engineering business Senior has opened a new production facility in Fossé, France.
Read moreModi loses majority in India election, but will still form govt
5th Jun 2024 09:01
(Sharecast News) - Narendra Modi's ruling Bharatiya Janata Party has lost its parliamentary majority in India's general election, leaving the prime minister to negotiate with regional coalition partners in order to form a government.
Read moreEurozone composite PMI revised slightly lower, but still hits 12-month high
5th Jun 2024 08:57
(Sharecast News) - Economic growth in the eurozone's private sector was revised slightly lower for May, according to final estimates of the region's composite purchasing managers' index (PMI) by S&P Global and Hamburg Commercial Bank (HCOB).
Read moreBerenberg starts coverage of Haleon at 'buy'
5th Jun 2024 08:49
(Sharecast News) - Berenberg initiated coverage of consumer health company Haleon on Wednesday with a 'buy' rating and 407p price target.
Read moreEurope open: Shares up on US rate cut boost, eyes on ECB
5th Jun 2024 08:34
(Sharecast News) - European shares made a solid start to trade 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 moreLondon open: Stocks gain on US rate cut hopes
5th Jun 2024 08:05
(Sharecast News) - London stocks rose in early trade on Wednesday as weaker-than-expected US jobs data fuelled expectations of a rate cut by the Federal Reserve later this year.
Read moreAsia report: Shares mixed as investors mull Australia GDP, India election
5th Jun 2024 08:03
(Sharecast News) - Asia shares were mixed on Wednesday as investors assessed the Indian election result, Australian GDP figures which showed slight growth in the first quarter, and private sector services survey data from China.
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