News Archive
US close: Nvidia pushes Nasdaq to new high, but Dow sinks
28th May 2024 21:45
(Sharecast News) - US equity indices finished mixed on Tuesday, the Dow falling more than 200 points on the back of inflation concerns and strong gains for chipmaker Nvidia pushing the Nasdaq to a new record high.
Read moreSector movers: Travel stocks slip on geopolitics, crude prices
28th May 2024 17:38
(Sharecast News) - Travel and Leisure names paced losses on the FTSE 350 at the start of the holiday-shortened week.
Read moreDirector dealings: Spectris non-exec picks up some shares
28th May 2024 16:25
(Sharecast News) - Alison Henwood, a non-executive director at Spectris, picked up some shares in the electronics and test equipment manufacturer.
Read moreLondon close: Stocks slip after hawkish Fedspeak
28th May 2024 16:24
(Sharecast News) - London stocks underperformed their US counterparts heading into the end of the month.
Read moreDeutsche Bank stays at 'buy' on Mitchells & Butlers on improved outlook for costs
28th May 2024 16:22
(Sharecast News) - Analysts at Deutsche Bank placed a 'buy' recommendation on shares of Mitchells and Butlers following the pub owner's latest set of interim results.
Read moreEurope close: Inflation jitters sink stocks as oil prices surge
28th May 2024 16:19
(Sharecast News) - A lack of economic data and corporate results prompted a mild sell-off across European stock markets on Tuesday, with investors choosing to keep their powder dry before key inflation data later in the week.
Read moreFTSE 250 movers: Ithaca surges, Great Portland goes ex-div
28th May 2024 15:14
(Sharecast News) - FTSE 250 (MCX) 20,799.16 0.14%
Read moreUS consumer confidence breaks three-month stretch of declines in May
28th May 2024 15:13
(Sharecast News) - Confidence around current labour market conditions buoyed US consumer sentiment in May, the results of a closely followed survey revealed.
Read moreFTSE 100 movers: ICG rallies on results; Flutter in the red
28th May 2024 15:06
(Sharecast News) - London's FTSE 100 was down 0.9% at 8,245.71 in afternoon trade on Tuesday.
Read moreOfwat set to refuse water companies' price increases; shares hit
28th May 2024 14:33
(Sharecast News) - UK water companies were under pressure on Tuesday following a report that Ofwat was set to refuse most companies' requests to hike consumer bills, with some getting as little as half of what they have asked for.
Read moreBoohoo u-turns on exec bonuses after investor outrage
28th May 2024 14:07
(Sharecast News) - Fast fashion retailer Boohoo has backtracked on a plan to seek investor approval to hand £1m each in bonuses to co-founders Mahmud Kamani and Carol Kane along with chief executive John Lyttle.
Read moreCalliditas Therapeutics surges on SEK11.8bn takeover offer from Asahi Kasei
28th May 2024 14:06
(Sharecast News) - Calliditas Therapeutics surged on Tuesday after Japan's Asahi Kasei offered to buy the Swedish drugs firm for around 11.8bn Swedish kronor.
Read moreReeves rules out snap budget if Labour wins election
28th May 2024 14:05
(Sharecast News) - UK Labour Party shadow finance minister Rachel Reeves said there would be no emergency budget statement this summer if her party won the general election on July 4 and also ruled out further tax rises beyond what had been outlined already.
Read moreUS 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.
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