News Archive

Thursday preview: Philly Fed index, BT Group in the spotlight

15th May 2024 12:14

(Sharecast News) - Investors' focus on Thursday will be on a raft of economic reports due out in the States.

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Henry Boot wins £36m Rotherham Markets contract

15th May 2024 12:13

(Sharecast News) - Henry Boot announced on Wednesday that its construction arm has secured a pivotal contract from Rotherham Council.

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April US retail sales undershoot forecasts

15th May 2024 12:13

(Sharecast News) - American consumers reined in their spending last month, especially on motor vehicles and parts, as well as online.

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Savills trading ahead of last year despite subdued market

15th May 2024 11:43

(Sharecast News) - Savills said in an update on Wednesday that its performance for the year-to-date aligned with expectations, surpassing the corresponding period last year.

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Zotefoams reports significant milestone in carton commercialisation

15th May 2024 11:41

(Sharecast News) - Shares in material solutions group Zotefoams jumped on Wednesday after the company reported progress towards the commercialisation of its ReZorce beverage cartons.

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Europe midday: Shares rally as eurozone exits recession

15th May 2024 11:36

(Sharecast News) - European shares rallied to a fresh record high at the open on Wednesday as the eurozone exited recession investors looked ahead to a widely anticipated US inflation release.

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US CPI increases 0.3% in April

15th May 2024 11:26

(Sharecast News) - Consumer goods and services prices increased 0.3% in April, according to the Bureau of Labor Statistics, principally due to higher oil prices and housing costs.

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Eurozone inflation to fall faster than forecast - EU

15th May 2024 11:24

(Sharecast News) - Eurozone inflation is set to fall faster than initially expected this year, the European Commission forecast on Wednesday.

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US pre-open: Futures little changed ahead of CPI reading

15th May 2024 11:07

(Sharecast News) - Wall Street futures were little changed ahead of the bell on Wednesday as market participants held their breath for last month's all-important consumer price index report.

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Thyssenkrupp lowers full-year guidance again

15th May 2024 11:00

(Sharecast News) - German industrial conglomerate Thyssenkrupp has cut its forecasts for full-year sales and net profit as a result of volume reductions and lower steel prices, along with write-downs that will impact the bottom line.

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Berenberg raises target price on Shell

15th May 2024 10:46

(Sharecast News) - Analysts at Berenberg raised their target price on energy giant Shell from 2,950.0p to 3,400.0p on Wednesday, stating the group was "still on the right track".

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4Global FY revenues seen higher on strong H2 trading performance

15th May 2024 10:42

(Sharecast News) - Data and technology company 4Global said on Wednesday that full-year revenues were on track to grow following a "strong" H2 trading performance.

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Asia report: Markets mixed amid quieter trading

15th May 2024 10:29

(Sharecast News) - Asia-Pacific markets finished a relatively subdued Wednesday in a mixed state, following gains on Wall Street overnight despite concerns over robust inflation data stateside.

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Interest earnings balances slip at Vanquis

15th May 2024 10:24

(Sharecast News) - Vanquis Banking Group reported gross customer interest earning balances of £2.23bn at the end of its first quarter on Wednesday, reflecting a slight decline from the £2.35bn it reported as at 31 December.

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Lords flags 'uncertain' market conditions

15th May 2024 10:22

(Sharecast News) - Building materials distributor Lords Group Trading warned of challenging market conditions on Wednesday, after unseasonably wet weather compounded tough trading.

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