News Archive
Broker tips: Currys, Trainline, Anglo American
30th May 2024 13:12
(Sharecast News) - Berenberg upgraded Currys on Thursday to 'buy' from 'hold' and lifted the price target to 90p from 67p as it said the electricals retailer was "a sound way to play the expected improvement in UK retail demand".
Read moreFriday preview: US, euro area inflation data in focus
30th May 2024 12:46
(Sharecast News) - All eyes at the end of the week will be on the latest inflation data out of the States, not least given the ongoing grind higher in government bond yields.
Read moreXtract Resources shares jump on JV expansion in Zambia
30th May 2024 12:42
(Sharecast News) - Xtract Resources saw its stock rise by a tenth on Thursday after the brownfield-focused mining company announced the addition of three large-scale exploration licences through its joint venture in north-west Zambia.
Read moreInsig AI shares surge on new deal, boardroom shake-up
30th May 2024 12:29
(Sharecast News) - The share price of data science and machine learning business Insig AI jumped on Thursday after the company announced a strategic partnership with an Estonian AI and blockchain company, as well an immediate shake-up of its board.
Read moreEurope midday: Shares rally on EZ employment, survey data; TIM slumps
30th May 2024 11:56
(Sharecast News) - European shares shrugged off the global gloom on Thursday and rallied on the back of upbeat eurozone employment and economic sentiment data.
Read moreFrasers closing in on deal to take control of Ted Baker's UK arm - report
30th May 2024 11:22
(Sharecast News) - Mike Ashley's Frasers Group is reportedly closing in on a deal to take control of Ted Baker's British arm, putting the future of its head office staff firmly in the balance.
Read moreEurozone recovery gathers pace as unemployment falls
30th May 2024 10:58
(Sharecast News) - Eurozone unemployment unexpectedly dipped to a record low in April, official data showed on Thursday, while confidence edged higher.
Read moreLondon midday: Stocks turn higher as Auto Trader rallies; US data eyed
30th May 2024 10:57
(Sharecast News) - London stocks had reversed earlier losses to trade up by midday on Thursday, with Auto Trader pacing the gains on the back of well-received results, as investors eyed US GDP and PCE figures.
Read moreUS pre-open: Futures sink ahead of GDP data, Salesforce plummets
30th May 2024 10:16
(Sharecast News) - Rising bond yields were set to weigh heavily on stocks again on Thursday, with stock futures falling sharply ahead of the opening bell on Wall Street, while software firm Salesforce tumbled after its quarterly earnings.
Read moreCanaccord lifts Trainline target price, talks down nationalisation concerns
30th May 2024 10:15
(Sharecast News) - Canaccord Genuity has hiked its target price for booking platform Trainline from 428p to 455p and kept a 'buy' rating, quashing concerns around rail nationalisation speculation that has been weighing on the shares for some time.
Read moreUK retail footfall eases in May
30th May 2024 09:55
(Sharecast News) - UK retail footfall eased in May, industry research showed on Friday, despite the bank holiday weekends and improving weather.
Read moreUK retail footfall eases in May
30th May 2024 09:55
(Sharecast News) - UK retail footfall eased in May, industry research showed on Friday, despite the bank holiday weekends and improving weather.
Read moreUK retail footfall eases in May
30th May 2024 09:55
(Sharecast News) - UK retail footfall eased in May, industry research showed on Friday, despite the bank holiday weekends and improving weather.
Read moreJefferies downgrades Anglo American to 'hold'
30th May 2024 09:22
(Sharecast News) - Jefferies downgraded Anglo American to 'hold' from 'buy' on Thursday and slashed the price target to 2,700p from 3,200p after BHP abandoned its £39bn pursuit of the London-listed miner as the deal structure couldn't be resolved.
Read moreEnQuest holds guidance after solid Q1
30th May 2024 09:02
(Sharecast News) - Shares in EnQuest gained on Thursday after the UK energy company reported a strong operational performance over 2024 so far and kept its full-year production and cost guidance unchanged.
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