News Archive
Franchise Brands ups FY dividend payout, underlying earnings seen at top end of guidance
3rd Jun 2024 07:16
(Sharecast News) - Multi-brand franchise business Franchise Brands said on Monday that it will look to up its full-year dividend payout as it now expects to report adjusted underlying earnings at the top end of current market expectations.
Read moreChina manufacturing PMI ticks up more than expected - Caixin
3rd Jun 2024 07:16
(Sharecast News) - Activity in China's manufacturing sector grew in May at the fastest rate in two years, according to data released on Monday.
Read moreHollywood Bowl profits jump on record revenues
3rd Jun 2024 07:04
(Sharecast News) - Hollywood Bowl reported a 10.5% rise in half-year earnings and lifted its dividend by a fifth on the back of record revenues, driven by strong trading in the UK and Canada.
Read moreSunday newspaper round-up: Copper, Boeing, OPEC+
2nd Jun 2024 18:28
(Sharecast News) - Analysts believe that copper prices might fall sharply if the US central bank starts lowering interest rates. According to analysts at Liberum that is because once prices are brought under control and the Fed starts cutting rates the metal will lose its attractiveness as an inflation hedge. An increasing number of analysts also believe that an increased need for copper on account of the green revolution has already been priced in. - The Financial Mail on Sunday
Read moreSunday share tips: Raspberry Pi, Sanderson Design Group
2nd Jun 2024 18:22
(Sharecast News) - The Financial Mail on Sunday's Midas column touted shares of Raspberry Pi ahead of its upcoming flotation.
Read moreSector movers: Defensives bounce back at month's end
1st Jun 2024 02:17
(Sharecast News) - UK stocks extended their recent bounce following the release of slightly weaker-than-expected readings on US consumer spending and inflation.
Read moreUS close: Dow, S&P 500 jump after data hints at economic slowdown
31st May 2024 21:57
(Sharecast News) - US stocks rallied into the close on Friday with the Dow and S&P 500 rising strongly after economic data showed a moderation in consumer spending growth and the slowest monthly gain in prices so far this year - two factors that could increase the pressure on the Federal Reserve to start cutting interest rates.
Read moreEurope close: Stocks rise as investors digest mixed inflation data
31st May 2024 17:15
(Sharecast News) - European stocks finished with moderate gains on Friday as investors digested a batch of mixed economic data from both sides of the Atlantic.
Read moreDirectors deals: Hochschild Mining boss adds to holdings
31st May 2024 16:38
(Sharecast News) - The boss of Hochschild Mining picked up some shares in the precious metals miner as they hit three-year highs.
Read moreDeclining orders drag Chicago PMI lower for sixth consecutive month in May
31st May 2024 15:33
(Sharecast News) - Factory sector a activity in the Chicago area slowed for a sixth month running in May, the results of a survey showed.
Read moreLondon close: Stocks end up as investors mull US inflation reading
31st May 2024 14:51
(Sharecast News) - London stocks ended up on Friday as investors mulled the latest US inflation reading, with broker notes helping to lift the top-flight index.
Read moreFTSE 100 movers: National Grid boosted by broker note; JD Sports out of fashion
31st May 2024 14:43
(Sharecast News) - London's FTSE 100 was up 0.4% at 8,263.76 in afternoon trade on Friday .
Read moreUS open: Stocks edge higher as spending and core inflation cools
31st May 2024 14:40
(Sharecast News) - US stocks moved into positive territory on Friday, with the Dow snapping a three-day losing streak, after economic data showed that core inflation had personal spending slowed more than expected in April.
Read moreFTSE 250 movers: Harbour Energy on the rise; Aston Martin hits the brakes
31st May 2024 14:33
(Sharecast News) - FTSE 250 (MCX) 20,705.05 0.17%
Read moreWeek ahead: US non-farm payrolls, ECB in the spotlight
31st May 2024 11:52
(Sharecast News) - Investors' attention over the coming week will be squarely on the US May non-farm payrolls report due out on Friday.
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