News Archive
Ferrexpo inks MoU with Salzgitter Flachstahl
24th May 2024 07:05
(Sharecast News) - Ukraine-focussed mining company Ferrexpo has signed a memorandum of understanding with Salzgitter Flachstahl for the supply of high-quality direct reduction iron ore pellets for low-carbon steel production.
Read moreWood Group rejects new 220p-a-share approach from Sidara
24th May 2024 07:02
(Sharecast News) - Wood Group said it had rejected a third unsolicited £1.52bn takeover proposal from rival Dubai-based engineering and consulting company Sidara, saying it continued to "significantly undervalue" the group and its prospects.
Read moreWet weather hits retail sales in April
24th May 2024 07:00
(Sharecast News) - Retail sales fell sharply in April, official data showed on Friday, compounding a revised fall a month earlier.
Read moreAJ Bell founder Andy Bell to sell 7.5m shares in placing
23rd May 2024 16:55
(Sharecast News) - AJ Bell said late on Thursday that founder Any Bell plans to sell around 7.5m ordinary shares in the investment platform in a placing.
Read moreActivist fund Palliser urges Rio Tinto to ditch London listing
23rd May 2024 16:52
(Sharecast News) - Activist hedge fund Palliser Capital urged Rio Tinto to shift its primary stock market listing from London to Sydney, it emerged on Thursday, to potentially increase its share price by nearly 40%.
Read moreLondon close: Stocks slip on UK election, US jobless claims
23rd May 2024 16:46
(Sharecast News) - London stocks ended lower on Thursday, mirroring Wall Street's decline as jobless claims in the US fell more than anticipated.
Read moreSector movers: Utilities pummeled, Aerospace and Defence seen impervious to politics
23rd May 2024 16:37
(Sharecast News) - The Utilities sector was pummelled after the Chancellor announced general elections for 4 July, instead of in autumn as many analysts had anticipated.
Read moreEurope close: Stocks edge up after May PMIs
23rd May 2024 16:22
(Sharecast News) - European stocks were mostly firmer on Thursday, buoyed by the latest reading on eurozone business activity and blowout earnings from US tech giant Nvidia.
Read moreCohort ends year slightly ahead of expectations
23rd May 2024 16:21
(Sharecast News) - Technology company Cohort said in a trading update on Thursday that its full-year performance was slightly ahead of expectations, with growth in both revenue and profits year-on-year.
Read moreFTSE 250 movers: Drax and Pennon hit by political risk
23rd May 2024 16:18
(Sharecast News) - Drax Group was struggling at the bottom of the pile on a down day for the second-tier index.
Read moreDirector dealings: SSP CEO raises stake
23rd May 2024 15:38
(Sharecast News) - SSP revealed on Thursday that chief executive Patrick Coveney had acquired 40,000 ordinary shares in the FTSE 250-listed food and beverage outlet operator.
Read moreUS open: Stocks mixed following Nvidia earnings, data points
23rd May 2024 15:31
(Sharecast News) - Wall Street trading got off to a mixed start on Thursday as investors digested a number of data points and earnings from chipmaker Nvidia.
Read moreUS open: Stocks mixed following Nvidia earnings, data points
23rd May 2024 15:31
(Sharecast News) - Wall Street trading got off to a mixed start on Thursday as investors digested a number of data points and earnings from chipmaker Nvidia.
Read moreUS economic activity picks up to more than two-year highs, PMIs show
23rd May 2024 15:04
(Sharecast News) - Economic activity in the US picked up unexpectedly in May, the results of two surveys revealed.
Read moreBroker tips: Unilever, Integrafin
23rd May 2024 14:37
(Sharecast News) - JPMorgan Cazenove double-upgraded Unilever on Thursday to 'overweight' from 'underweight' and hiked its price target on the stock to 5,100.0p from 3,600.0p after several years of caution on the equity story.
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