News Archive
Government cuts NatWest stake to 22.5% after £1.24bn sale
31st May 2024 07:17
(Sharecast News) - The government has sold a £1.24bn stake in NatWest, as the HM Treasury continues to reduce its shareholding in the state-backed lender.
Read moreHarbour Energy making 'good progress' on Wintershall takeover
31st May 2024 07:14
(Sharecast News) - Harbour Energy said on Friday its blockbuster $11.2bn acquisition of Wintershall Dea's non-Russian oil and gas assets remained on track, with publication of the deal prospectus expected shortly.
Read moreAB Foods slumps as majority shareholder sells 10.3m shares
31st May 2024 07:14
(Sharecast News) - Associated British Foods was in the red on Friday after UBS said that its biggest shareholder, Howard Investments Limited - a wholly-owned subsidiary of Wittington - has sold 10.3m shares in the Primark owner in a placing.
Read moreJD Sports Fashion holds outlook amid 'volatile' market as FY profits slip
31st May 2024 07:09
(Sharecast News) - Shares in JD Sports Fashion fell sharply on Friday despite the company holding annual guidance amid a "volatile" market as it said group current-year first-quarter like-for-like sales were down 0.7% and 6.4% in the UK.
Read moreUS close: Dow falls for third straight day as investors await PCE data
30th May 2024 21:36
(Sharecast News) - US stocks finished firmly in the red on Thursday as indices continue to retreat from their recent record highs on the back of mixed economic data.
Read moreDirectors dealings: Rolls-Royce non-exec picks up shares near record highs
30th May 2024 18:03
(Sharecast News) - Rolls-Royce non-executive director Dame Angela Strank picked up some shares in the engineer as its shares hit a fresh record high.
Read moreLondon close: Stocks reverse early losses ahead of US inflation data
30th May 2024 17:23
(Sharecast News) - London stocks reversed earlier losses in the next to last trading session of May, with Auto Trader pacing gains on the back of well-received results.
Read moreEurope close: Spanish banks push markets higher as inflation takes centre stage
30th May 2024 16:24
(Sharecast News) - European stocks registered gains on Thursday, with a huge surge by Spanish banks making up for more subdued performances elsewhere, as the Stoxx 600 index rebounded after recent heavy losses.
Read moreAIM-listed MicroSalt disappoints with maiden results
30th May 2024 15:18
(Sharecast News) - Shares in low-sodium salt maker MicroSalt tanked on Thursday after reporting higher losses and flat sales in 2023 in its maiden annual results as a listed company.
Read moreUS open: Stocks sink as markets continue to retreat from record highs
30th May 2024 14:55
(Sharecast News) - US stock markets opened firmly lower on Thursday as elevated bond yields and a mixed outlook for the economy eroded investors' appetite for risk.
Read moreFTSE 100 movers: Auto Trader surges on results; Coca-Cola HBC goes ex-div
30th May 2024 14:15
(Sharecast News) - London's FTSE 100 was up 0.5% at 8,221.28 in afternoon trade on Thursday.
Read moreFTSE 250 movers: Currys surges on Berenberg upgrade
30th May 2024 13:56
(Sharecast News) - FTSE 250 (MCX) 20,694.38 1.26%
Read moreUS Q1 GDP growth revised down on softer consumption
30th May 2024 13:46
(Sharecast News) - America's economy grew more slowly than previously thought at the turn of the year on the back of softer consumption.
Read moreWeekly US jobless claims tick higher
30th May 2024 13:15
(Sharecast News) - Jobless claims in the US edged up during the preceding week, but remained near record low levels.
Read moreJP Morgan stays at 'overweight' on EasyJet even as supply-demand balance returns
30th May 2024 13:14
(Sharecast News) - Analysts at J.P.Morgan sounded a positive note on shares of Easyjet following the recent share price weakness that had taken them back to the levels last seen during the previous month of December.
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