News Archive
Thursday newspaper round-up: Mike Lynch, smart meters, Very Group
23rd May 2024 07:22
(Sharecast News) - San Francisco federal courthouse on Thursday as a key witness in his own criminal fraud trial, which began in March. US authorities have charged the former software tycoon with 16 counts of wire fraud, securities fraud and conspiracy relating to his company's acquisition deal with Hewlett-Packard in 2011. If convicted, Lynch faces up to 25 years in prison. He has pleaded not guilty. - Guardian
Read moreAviva reports strong start to 2024
23rd May 2024 07:22
(Sharecast News) - Aviva has reported strong results for its first quarter on Thursday, with robust growth across its divisions as it maintained a solid capital position.
Read moreHargreaves Lansdown rejects takeover offer from CVC-backed consortium
23rd May 2024 07:18
(Sharecast News) - Hargreaves Lansdown confirmed on Thursday that it had rejected a 985p per share takeover offer from a consortium comprising of CVC, Nordic Capital and Platinum Ivy, which is a wholly-owned subsidiary of Abu Dhabi Investment Authority.
Read moreBloomsbury announces record revenue, chairman succession plans
23rd May 2024 07:18
(Sharecast News) - Bloomsbury Publishing reported exceptional financial results in its preliminary results on Thursday, reaching record high revenue and profit levels, as it also announced its chairman succession plans.
Read moreUS close: Stocks lower following FOMC minutes
22nd May 2024 21:33
(Sharecast News) - Wall Street stocks closed lower on Wednesday as investors digested minutes from the FOMC's latest policy meeting and earnings from chipmaker Nvidia.
Read moreRishi Sunak announces 4 July general election
22nd May 2024 17:29
(Sharecast News) - Prime minister Rishi Sunak announced on Wednesday that a general election will be held on 4 July, following a day of intense speculation in Westminster.
Read moreEurope close: Stocks slip ahead of Nvidia results, Fed minutes
22nd May 2024 17:21
(Sharecast News) - European stocks were weaker on Wednesday as investors mulled the latest UK inflation data and looked ahead to quarterly earnings from US chip giant Nvidia.
Read moreDirector dealings: ABF director snaps up shares
22nd May 2024 17:05
(Sharecast News) - Primark owner Associated British Foods revealed on Wednesday that non-executive director Kumsal Bayazit had acquired 2,930.0p ordinary shares in the FTSE 250-listed group.
Read moreFTSE 250 movers: Commodity plays hit by possibility of rates higher for longer
22nd May 2024 16:20
(Sharecast News) - Commodity plays dragged on the second-tier index in the middle of the week amid talk among high-profile market observers of uncertainty around the path for interest rates in the US.
Read moreThursday preview: Global PMIs, US data in focus
22nd May 2024 16:17
(Sharecast News) - Investors focus on Thursday will be on a raft of purchasing managers' survey results for manufacturing and services sector activity in the euro area, UK and US.
Read moreBroker tips: Weir, Assura
22nd May 2024 15:38
(Sharecast News) - Berenberg re-initiated coverage of Weir Group on Wednesday with a 'buy' rating and 2,600p price target as it argued the engineering firm is a "structural winner".
Read moreAnglo American rejects third and final takeover proposal from BHP
22nd May 2024 15:36
(Sharecast News) - Anglo American said on Wednesday that it has rejected a third and final takeover proposal from Australia's BHP which values the miner at £38.6bn.
Read moreUS existing home sales dip in April
22nd May 2024 15:15
(Sharecast News) - Sales of second-hand homes in the US dipped by slightly more than expected last month.
Read moreLondon close: Stocks in the red as inflation falls less than expected
22nd May 2024 15:00
(Sharecast News) - London stocks ended in negative territory on Wednesday, as market participants reacted to the possibility of a summer general election and disappointing inflation data for April.
Read moreFTSE 100 movers: M&S surges on results; Persimmon takes a hit
22nd May 2024 14:58
(Sharecast News) - London's FTSE 100 was down 0.8% at 8,348.43 in afternoon trade on Wednesday.
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