News Archive
US open: Stocks mixed early as oil prices surge
28th May 2024 13:53
(Sharecast News) - US stocks were mixed on Tuesday morning with the Dow continuing its recent sell-off as investors turned cautious amid rising concerns about inflation, with oil prices jumping more than 2%.
Read moreFlutter Entertainment hit as Illinois Senate approves sports betting tax
28th May 2024 12:52
(Sharecast News) - DraftKings and FanDuel owner Flutter Entertainment slid on Thursday after the Illinois Senate passed a bill that would make Illinois the second most expensive state for wagers to do business in.
Read moreT-Mobile to buy nearly all of US Cellular in $4.4bn deal
28th May 2024 12:03
(Sharecast News) - T-Mobile said on Tuesday that it has agreed to buy nearly all of US Cellular's wireless operations in a $4.4bn deal.
Read moreBroker tips: Fevertree, LSE Group, Mitchells and Butlers
28th May 2024 12:02
(Sharecast News) - Goldman Sachs downgraded Fevertree to 'sell' from 'neutral' on Tuesday and cut the price target to 1,050p from 1,075p.
Read moreWednesday preview: Fedspeak, Beige Book in focus
28th May 2024 11:58
(Sharecast News) - Investors' focus in the middle of the week will continue to be on the scheduled remarks of top Fed officials as investors continue to wait on the week's key release, the PCE price index on Friday.
Read moreWaystar looks to raise $1bn in Nasdaq IPO
28th May 2024 11:53
(Sharecast News) - Healthcare payments software group Waystar announced on Tuesday that it is seeking to raise around $1bn in its stock-market debut this summer.
Read moreABN Amro snaps up German private bank in €672m deal
28th May 2024 11:43
(Sharecast News) - ABN Amro is to acquire German private bank Hauck Aufhauser Lampe in a €672m deal, it was confirmed on Tuesday.
Read moreEurope midday: Shares slip into red as eyes turn to EZ, US inflation
28th May 2024 11:29
(Sharecast News) - European shares slipped into the red on Tuesday as traders looked ahead to inflation data across the Atlantic later in the week while hopes of a June interest rate cut from the European Central Bank were buoyed by comments from two policymakers on Monday.
Read moreGoldman Sachs downgrades Fevertree to 'sell'
28th May 2024 11:06
(Sharecast News) - Goldman Sachs downgraded Fevertree to 'sell' from 'neutral' on Tuesday and cut the price target to 1,050p from 1,075p.
Read moreMcLaren appoints three industry vets to board
28th May 2024 10:58
(Sharecast News) - F1, motorsports and supercar maker McLaren Group has appointed three new boardmembers in recent weeks, just two months after the sovereign wealth fund of Bahrain took full ownership of the manufacturer.
Read moreLondon midday: Stocks stay down; Flutter Entertainment takes a hit
28th May 2024 10:54
(Sharecast News) - London stocks were still a little weaker by midday on Tuesday, as investors mulled the latest shop price inflation data.
Read moreUK retail sales surge in May - CBI
28th May 2024 10:47
(Sharecast News) - UK retail sales jumped in May, a closely-watched survey showed on Tuesday, as selling price inflation continued to fall back.
Read moreUS pre-open: Futures rise as Dow rebounds after recent sell-off
28th May 2024 10:21
(Sharecast News) - US stock futures were rising in pre-market trade on Tuesday, with risk appetite expected to return following recent weakness, though rising oil prices may keep a lid on gains.
Read moreNatWest banking app hit by IT glitch
28th May 2024 09:42
(Sharecast News) - NatWest customers were unable to use the online banking app on Tuesday due to an IT glitch, with thousands unable to access balance and payment services.
Read moreBoohoo facing 'sizeable' revolt over executive bonuses - report
28th May 2024 09:28
(Sharecast News) - Boohoo is reportedly facing a potential investor revolt over plans to pay out millions in executive bonuses at its June annual general meeting.
Read more