News Archive

NYSE technical glitch prompts trading halt on Berkshire Hathaway shares

3rd Jun 2024 15:57

(Sharecast News) - The New York Stock Exchange announced on Monday that it had halted trading in a number of stocks after a temporary "price bands issue" caused certain share prices to tumble erroneously.

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S&P US manufacturing PMI revised higher, ISM PMI edges lower

3rd Jun 2024 15:49

(Sharecast News) - S&P Global's manufacturing index was revised higher to 51.3 in May, up from a preliminary estimate of 50.9 and last month's reading of 50.

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Broker tips: AutoTrader, Pets At Home, National Grid, St James's Place, Quilter

3rd Jun 2024 15:48

(Sharecast News) - Shore Capital has cut its recommendation for online car marketplace Auto Trader from 'hold' to 'sell', saying the stock's valuation is now stretched following a decent run in recent months.

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FTSE 250 movers: Pets at Home gets upgrade boost; Chilly for Baltic

3rd Jun 2024 15:41

(Sharecast News) - FTSE 250 (MCX) 20,896.33 0.80%

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FTSE 100 movers: JD Sports rallies; GSK hit by US Zantac ruling

3rd Jun 2024 15:39

(Sharecast News) - London's FTSE 100 was flat at 8,276.38 in afternoon trade on Monday.

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Director dealings: Victrex CEO ups stake

3rd Jun 2024 15:26

(Sharecast News) - Victrex revealed on Monday that chief executive officer Jakob Sigurdsson has acquired 3,000 ordinary shares in the London-listed polymer solutions business.

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US open: Stocks mixed as oil prices fall

3rd Jun 2024 14:40

(Sharecast News) - Wall Street trading got off to a mixed start on Monday after a big day for the blue-chip Dow Jones in the previous session.

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Germany's FTI Group files for insolvency as bookings slump

3rd Jun 2024 14:32

(Sharecast News) - Europe's third-largest tour operator FTI Group said it had filed for insolvency in the Munich regional court today, as it suffered from falling bookings.

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Shore Capital downgrades Auto Trader to 'sell'

3rd Jun 2024 14:29

(Sharecast News) - Shore Capital has cut its recommendation for online car marketplace Auto Trader from 'hold' to 'sell', saying the stock's valuation is now stretched following a decent run in recent months.

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Frasers appoints former FRC, HMRC CEO Jon Thompson as non-exec

3rd Jun 2024 13:03

(Sharecast News) - Mike Ashley's Frasers Group said on Monday that it has appointed Sir Jon Thompson, former chief executive officer of the Financial Reporting Council, as a non-executive director.

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Moody's lifts 2024 China growth forecast

3rd Jun 2024 12:06

(Sharecast News) - Moody's lifted its 2024 growth forecast for China on Monday to 4.5% from 4% as it pointed out that first-quarter growth was boosted by trade and manufacturing activity.

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Europe midday: Shares hold gains with eyes on ECB rate decision

3rd Jun 2024 11:25

(Sharecast News) - European markets were up as investors look ahead to the European Central Bank's interest rate decision on Thursday, widely expected to be a 25 basis point cut.

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London midday: Stocks stay up but GSK tumbles on Zantac court ruling

3rd Jun 2024 11:02

(Sharecast News) - London stocks were still in the black by midday on Monday ahead of an expected rate cut by the European Central Bank this week, but GSK tumbled on the back of the latest US court ruling on its heartburn drug Zantac.

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US pre-open: Futures mixed as traders looks to build on last month's momentum

3rd Jun 2024 10:56

(Sharecast News) - Wall Street futures were mixed ahead of the bell on Monday after a big day for the blue-chip Dow Jones in the previous session.

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Liberum upgrades Pets at Home to 'buy', shares surge

3rd Jun 2024 10:44

(Sharecast News) - Pets at Home rallied on Monday as Liberum upgraded its stance on the shares to 'buy' from 'hold' and lifted the price target to 360p from 290p.

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