News Archive

Shop price inflation slows further in May

28th May 2024 07:04

(Sharecast News) - Shop price inflation in the UK slowed to 0.6% in May, according to fresh data released on Tuesday, from 0.8% in April.

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AstraZeneca experimental lung cancer drug shows promising results

28th May 2024 07:02

(Sharecast News) - AstraZeneca's experimental lung cancer drug showed improved overall survival rates in phase III trials, the pharmaceutical giant said on Tuesday.

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Bunzl Nisbets purchase cleared by Ireland regulator

28th May 2024 07:02

(Sharecast News) - Bunzl's £339m takeover of UK-based catering equipment provider Nisbets has been cleared by Ireland's competition regulator, the company said on Tuesday.

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Sunday newspaper round-up: Natwest, Shein, Nationwide

26th May 2024 19:45

(Sharecast News) - NatWest may not be selling shares to the public any time soon following the prime minister's decision to call an election on 4 July. The Treasury has said that an offer will not occur during the election period and Labour has not confirmed whether it would revive plans for the sale should it win. The sale had been expected to take place in June. - The Sunday Times

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Sunday share tips: Moneysupermarket, Impax

26th May 2024 18:16

(Sharecast News) - Lucy Tobin at the Sunday Times tipped shares of Moneysupermarket, arguing that the energy sector would recover at some point.

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Europe close: Stocks end mixed on inflation concerns

26th May 2024 02:22

(Sharecast News) - European shares finished on a mixed note as worries that persistent inflation could see a delay in planned interest rate cuts this year weighed on sentiment.

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Director dealings: Reach CFO makes share sale

24th May 2024 15:39

(Sharecast News) - Publishing company Reach revealed on Friday that chief financial officer Darren Fisher had disposed of 31,638 ordinary shares in the London-listed firm.

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Broker tips: Mondi, BT Group

24th May 2024 15:27

(Sharecast News) - Citi upgraded its stance on Mondi to 'buy' on Friday, noting that after a difficult couple of years, market headwinds of destocking and lower pricing were reversing across the packaging company's product segments.

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London close: Stocks mixed after disappointing retail sales data

24th May 2024 15:19

(Sharecast News) - London stocks closed with mixed results on Friday, influenced by earlier declines in the US and Asian markets, as investors reacted to a larger-than-expected drop in UK retail sales.

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Gama Aviation in talks over potential acquisition of TJS

24th May 2024 15:04

(Sharecast News) - Gama Aviation confirmed on Friday that it is in talks about the possible acquisition of Tyrolean Jet Services (TJS), an Austrian provider of aircraft management and charter services.

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US open: Dow higher following Thursday's heavy losses

24th May 2024 14:31

(Sharecast News) - Wall Street stocks were in the green early on Friday as America prepared for the Memorial Day long weekend.

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FTSE 100 movers: Retailers gain; National Grid tumbles again

24th May 2024 14:30

(Sharecast News) - London's FTSE 100 was down 0.2% at 8,324.81in afternoon trade on Friday.

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US consumer confidence falls back in May, University of Michigan says

24th May 2024 14:28

(Sharecast News) - Consumer sentiment in the US shifted down a gear in May, according to the results of a closely followed survey.

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US durable goods orders rise unexpectedly in April

24th May 2024 14:04

(Sharecast News) - Durable goods orders in the US rose unexpectedly in April, but on the back of a sharp downwards revision to the prior month's figures.

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Week ahead: US, euro area inflation data in focus

24th May 2024 14:02

(Sharecast News) - The coming holiday-shortened trading week will back-end loaded on both sides of the Atlantic in terms of economic data.

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