News Archive
Rightmove tightens guidance, backs UK housing market
8th Nov 2024 07:16
(Sharecast News) - Rightmove tweaked its full-year forecasts on Friday, but remained upbeat about the long-term prospects for the UK housing market.
Read moreUS close: Dow Jones flat following post-election rally
7th Nov 2024 22:07
(Sharecast News) - Major indices delivered a mixed performance on Thursday as market participants digested former president Donald Trump's re-election victory and the latest interest rate decision from the Federal Reserve.
Read moreOaktree Capital calls on Indivior to refresh board of directors
7th Nov 2024 20:03
(Sharecast News) - Investment fund Oaktree Capital Management has written to Indivior urging the opioid addiction treatment maker to refresh its board with directors "committed to taking all steps necessary to improve shareholder value".
Read moreLondon close: Stocks fall as BoE cuts rates; Fed eyed
7th Nov 2024 19:40
(Sharecast News) - London stocks ended down on Thursday as investors mulled a rate cut by the Bank of England, waded through a deluge of corporate news and looked ahead to the latest policy announcement from the Federal Reserve.
Read moreFed cuts rates by 25bp, as expected
7th Nov 2024 19:29
(Sharecast News) - Rate-setters in the US decided on Thursday to ease monetary policy by 25 more basis points, as expected.
Read moreBoohoo hits back, accuses Frasers of promoting own 'self-interest'
7th Nov 2024 19:00
(Sharecast News) - Boohoo hit back at Frasers Group on Thursday, accusing the retail company of promoting its own "self-interest" at the expense of other shareholders.
Read moreEurope close: Stocks rise as Sweden and UK cut interest rates
7th Nov 2024 16:48
(Sharecast News) - European stocks finished firmly higher on Thursday as traders weighed up a barrage of economic data and central bank meetings from the UK, Sweden and Norway, with markets rebounding after a sharp US election-related slump.
Read moreDirector dealings: ABF non-executive director snaps up shares
7th Nov 2024 15:20
(Sharecast News) - Associated British Foods revealed on Thursday that non-executive director Loraine Woodhouse had acquired 41,720 ordinary shares in the London-listed food processing and retail company.
Read moreUS open: Stocks higher ahead of FOMC decision
7th Nov 2024 14:59
(Sharecast News) - Wall Street stocks were in the green yet again early on Thursday as market participants seemingly continued to cheer former president Donald Trump's re-election victory and awaited the outcome of the Federal Reserve's two-day policy meeting.
Read moreFTSE 100 movers: Miners in the black; Auto Trader slumps
7th Nov 2024 14:45
(Sharecast News) - London's FTSE 100 was flat at 8,163.07 in afternoon trade on Thursday.
Read moreFTSE 250 movers: Wood Group plummets after update, ITV disappoints
7th Nov 2024 14:43
(Sharecast News) - London's FTSE 250 was trading 0.8% higher on Thursday afternoon as markets bounced back after US election-related weakness the previous session, though big drops from the likes of Wood Group and ITV were limiting upside.
Read moreUrban Logistics delivers solid first half as rental income rises
7th Nov 2024 14:29
(Sharecast News) - Warehouse-focused real estate investment trust Urban Logistics has delivered a solid set of results for its first half, during which it refinanced debt facilities and delivered an increase in both rental income and adjusted profits.
Read moreFriday preview: US consumer confidence, IAG in focus
7th Nov 2024 14:23
(Sharecast News) - Investors' focus at the end of the week will be on the US consumer and any fresh news out around the incoming US administration's plans.
Read moreModerna numbers beat expectations, shares jump
7th Nov 2024 13:15
(Sharecast News) - Shares in Moderna rallied on Thursday after third-quarter revenues at the US biotech, best known for its Covid-19 vaccine, smashed expectations.
Read moreChinese trade surplus widens unexpectedly in October
7th Nov 2024 13:03
(Sharecast News) - China's merchandise trade surplus widened unexpectedly in October amid brisk growth in the country's exports.
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