News Archive
FTSE 100 movers: Vistry tumbles on profit warning; IAG flies higher
8th Nov 2024 14:26
(Sharecast News) - London's FTSE 100 was down 0.8% at 8,076.65 in afternoon trade on Friday.
Read moreWeek ahead: US CPI, Fedspeak in the spotlight
8th Nov 2024 14:11
(Sharecast News) - Investors' focus over the following week would be on US consumer prices and the country's central bank, the Federal Reserve.
Read moreUS consumer confidence edges higher in November, University of Michigan says
8th Nov 2024 14:08
(Sharecast News) - Consumer confidence in the States hit a six-month high heading into the elections in November, the results of a closely followed survey revealed.
Read moreUS open: Dow builds on solid post-election rally
8th Nov 2024 14:03
(Sharecast News) - Wall Street stocks trading got off to a mostly positive start on Friday after the Federal Reserve Bank opted to lower its benchmark interest rate by 25 basis points.
Read moreJLR's Q2 profits hit by aluminium supply problems
8th Nov 2024 13:36
(Sharecast News) - Second-quarter profits at auto giant Jaguar Land Rover fell by a tenth as the Coventry-based manufacturer was hit by aluminium supply constraints, though things are expected to pick up in the second half.
Read moreJPMorgan hikes Relx price target
8th Nov 2024 12:38
(Sharecast News) - JPMorgan Cazenove lifted its price target on Relx on Friday to 4,550p from 4,200p to reflect an acceleration in the Legal and STM (scientific, technical & medical) divisions driven by generative AI.
Read moreBolt drivers win worker status
8th Nov 2024 12:15
(Sharecast News) - Rideshare firm Bolt's drivers have won their legal claim to be classified as workers, paving the way to both paid holidays and a minimum wage.
Read moreEurope midday: Stocks drop as Chinese stimulus measures underwhelm
8th Nov 2024 12:01
(Sharecast News) - European stocks were firmly lower by Friday lunchtime as a package of stimulus measures from China underwhelmed investors following a tumultuous week for global financial markets.
Read moreTeneo said to be hunting new backers at $2bn valuation
8th Nov 2024 11:28
(Sharecast News) - Advisory firm Teneo - which managed the insolvency of Bulb Energy in 2021 - is reportedly kicking off a hunt for new backers in a process that could value it at about $2bn (£1.5bn).
Read moreLondon midday: FTSE dragged lower by mining stocks; IAG bucks trend
8th Nov 2024 11:20
(Sharecast News) - London stocks were firmly in the red by midday on Friday, with heavily-weighted miners under the cosh as China's latest $1.4 trillion stimulus package underwhelmed investors.
Read moreUS pre-open: Futures lower following FOMC decision
8th Nov 2024 10:45
(Sharecast News) - Wall Street futures were marginally lower ahead of the bell on Friday after the Federal Reserve Bank opted to lower its benchmark interest rate by 25 basis points.
Read moreSony lifts sales targets after strong Q2
8th Nov 2024 10:26
(Sharecast News) - Japanese electronics giant Sony has lifted its full-year guidance on the back of strength in its gaming division, after second-quarter profits jumped more than 70%, comfortably beating analysts' forecasts.
Read moreShares slide as Richemont results fail to sparkle
8th Nov 2024 10:12
(Sharecast News) - Shares in Richemont fell sharply on Friday, after the luxury goods giant missed expectations, weighed down by sluggish Chinese demand.
Read moreCMA calls for shake-up of baby formula market
8th Nov 2024 09:36
(Sharecast News) - UK watchdog the Competition and Markets Authority has called for a shake-up of the baby formula market in an effort to help parents struggling to afford it.
Read moreBerenberg lowers target price on Auto Trader
8th Nov 2024 09:24
(Sharecast News) - Analysts at Berenberg lowered their target price on Auto Trader from 880.0p to 830.0p on Friday, stating the group's "noisy" H1 had raised questions.
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