News Archive

China export and import growth slows further

14th Oct 2024 07:21

(Sharecast News) - China's exports and imports grew significantly less than expected in September, according to fresh data released on Monday.

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PageGroup cautious as recruitment weakness continues

14th Oct 2024 07:20

(Sharecast News) - PageGroup reported a 13.5% drop in group gross profit for the third quarter on Monday, reflecting ongoing challenges across global recruitment markets.

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EasyJet appoints Lineas exec as new CFO

14th Oct 2024 07:19

(Sharecast News) - EasyJet has announced that it is appointing the chief financial officer European freight operator Lineas as the new head of its finance function, as current CFO Kenton Jarvis gets ready to move into the chief executive role early next year.

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Mulberry considering position as Challice rejects new Frasers offer

14th Oct 2024 07:04

(Sharecast News) - Luxury handbag maker Mulberry on Monday said it was considering its position after major shareholder Challice said it had no intention of selling its 56% stake to Mike Ashley's Frasers Group despite an increased £111m bid for the company.

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US close: Stocks higher following PPI, bank earnings

13th Oct 2024 22:20

(Sharecast News) - Wall Street stocks were in the green at the close of trading on Friday as market participants digested quarterly earnings reports from some of the biggest names in US banking and better-than-expected inflation data.

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Sunday newspaper round-up: BP, Smith&Nephew, TalkTalk

13th Oct 2024 12:34

(Sharecast News) - Activist investor Bluebell has asked for BP chairman Helge Lund's head due to the oil giant's "embarrassing" share price performance. Whilst Shell or American rivals Chevron and ExxonMobil had doubled down on profitable fossil fuels, BP had followed a green strategy. Reports indicate that BP's new boss, Murray Auchinloss, was looking to pivot back to oil and gas in response to pressure from shareholders. Yet the company had not confirmed those reports and was not due to provide a strategy update until February. - Financial Mail on Sunday

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Director dealings: Advanced Medical Solutions director snaps up shares

11th Oct 2024 16:13

(Sharecast News) - Advanced Medical Solutions revealed on Friday that non-executive director Grahame Cook had acquired 48,864 ordinary shares in the AIM-listed tissue-healing technologies business.

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Europe close: Stocks end week on a positive note

11th Oct 2024 16:12

(Sharecast News) - European markets were moderately higher at the end of the week as investors looked ahead to widely expected fresh stimulus measures from China over the weekend.

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BNY Mellon posts record assets under administration

11th Oct 2024 15:38

(Sharecast News) - BNY Mellon reported a strong set of third-quarter results on Friday, surpassing profit estimates as assets under custody and administration reached a record $52.1trn.

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London close: Stocks finish higher on UK GDP growth

11th Oct 2024 15:34

(Sharecast News) - London stocks closed higher on Friday, as investors digested the latest UK GDP figures, while also looking ahead to potential stimulus measures from China, set to be announced over the weekend.

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FTSE 100 movers: Vistry recovers; Sainsbury's hit by share placing

11th Oct 2024 15:33

(Sharecast News) - London's FTSE 100 was up 0.3% at 8,259.17 in afternoon trade on Friday.

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US open: Stocks higher following Q3 bank earnings, PPI reading

11th Oct 2024 14:43

(Sharecast News) - Wall Street futures were in the green early on Friday as market participants digested quarterly earnings reports from some of the biggest names in US banking and better-than-expected inflation data.

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Rosslyn raises £0.25m through retail offer

11th Oct 2024 14:41

(Sharecast News) - Rosslyn Data Technologies announced on Friday that it had successfully raised £0.25m through an oversubscribed retail offer, issuing five million shares at 5p each.

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CT Automotive secures $20m working capital facility

11th Oct 2024 14:38

(Sharecast News) - Automotive interior components supplier CT Automotive announced on Friday that it had secured a new $20m working capital facility with FGI Worldwide, extending its debt agreement to October 2027.

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FTSE 250 movers: Jupiter Fund Management slides on lower AUM

11th Oct 2024 14:07

(Sharecast News) - FTSE 250 (MCX) 20,721.44 0.06%

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