News Archive

US close: Stocks fall as markets retreat from record highs

16th May 2024 20:22

(Sharecast News) - US stock markets finished lower on Thursday, dropping into the red in afternoon trade, as investors took profits amid a barrage of economic data after Wall Street's three main indices all hit record highs the previous session.

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GSK to sell entire 4.2% remaining stake in Haleon

16th May 2024 17:02

(Sharecast News) - GSK said on Thursday that it plans to sell its entire remaining 4.2% stake in Haleon.

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London close: Stocks mixed as ex-divs drag on FTSE

16th May 2024 16:53

(Sharecast News) - London stocks ended mixed on Thursday, following a flurry of corporate news and a focus on US unemployment figures.

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Michelmersh reports positive order momentum

16th May 2024 16:49

(Sharecast News) - Specialist brickmaker Michelmersh reported continued positive order intake momentum in an update on Thursday, aligning with market expectations.

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Ilika losses narrow in year of progress

16th May 2024 16:46

(Sharecast News) - Solid-state battery technology developer Ilika reported full-year growth in a trading update on Thursday, alongside significant advancements in its 'Stereax' manufacturing and 'Goliath' product development.

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M&C Saatchi trading in line, agrees sale of Swiss operation

16th May 2024 16:41

(Sharecast News) - M&C Saatchi continued positive momentum from the second half of 2023 in a trading update on Thursday, with overall performance in line with expectations.

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Quantum Blockchain settles with some Sipiem defendants

16th May 2024 16:37

(Sharecast News) - Quantum Blockchain Technologies announced a significant development in its ongoing legal case involving its wholly-owned subsidiary Clear Leisure 2017, and Sipiem in Liquidazione, on Thursday.

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Quantum Blockchain settles with some Sipiem defendants

16th May 2024 16:37

(Sharecast News) - Quantum Blockchain Technologies announced a significant development in its ongoing legal case involving its wholly-owned subsidiary Clear Leisure 2017, and Sipiem in Liquidazione, on Thursday.

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Europe close: Stoxx 600 snaps nine-day win streak

16th May 2024 16:31

(Sharecast News) - After a tentative start, European stock markets were firmly in the red on Thursday as investors chose to take profits following a nine-day winning streak that sent the Stoxx 600 index to record highs.

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AIG sells $3.8bn stake in Corebridge to Nippon Life

16th May 2024 15:31

(Sharecast News) - American insurance giant AIG on Thursday announced the sale of a 20% stake in retirement and insurance firm Corebridge Financial to Japanese peer Nippon Life for $3.8bn.

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H&T Group trading as expected in year-to-date

16th May 2024 15:15

(Sharecast News) - Pawnbroker and jewellery retailer H&T Group said in an update on Thursday that its trading performance since the start of the year had been in line with expectations, marked by strong demand for pledge loans.

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FTSE 250 movers: Auction Tech surges after update; Tritax Bigbox slides

16th May 2024 14:56

(Sharecast News) - FTSE 250 (MCX) 20,767.99 -0.04%#

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FTSE 100 movers: BT surges; Sage hit after cutting revenue guidance

16th May 2024 14:44

(Sharecast News) - London's FTSE 100 was flat at 8,442.62 in afternoon trade on Thursday.

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US open: Stocks trade higher, Dow briefly crosses 40,000

16th May 2024 14:36

(Sharecast News) - Wall Street stocks were higher early on Thursday as cooler-than-expected inflation data helped push major indices to fresh record highs.

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Friday preview: China activity data, Land Securities in focus

16th May 2024 14:30

(Sharecast News) - The market spotlight at the end of the week will shift to Asia Pacific.

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