News Archive

Deutsche Bank upgrades 3i Group to 'buy'

6th Nov 2024 14:58

(Sharecast News) - Deutsche Bank upgraded listed private equity firm 3i Group on Wednesday to 'buy' from 'hold'.

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FTSE 100 movers: CRH and Ashtead rally; Persimmon in the red

6th Nov 2024 14:51

(Sharecast News) - London's FTSE 100 was flat at 8,168.57 in afternoon trade on Wednesday.

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US mortgage applications sink by nearly 11%

6th Nov 2024 14:25

(Sharecast News) - US mortgage applications continued to decline over the last week of October, according to data out on Wednesday from the Mortgage Bankers Association, as mortgage rates remained elevated.

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FTSE 250 movers: Investment trusts benefit from rally in global equities

6th Nov 2024 13:43

(Sharecast News) - Investment trusts were performing well on Wednesday afternoon as global stock markets rose strongly in the aftermath of the US election, with Donald Trump's victory prompting investors to scale up their appetite for risk.

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Broker tips: Burberry, Smith and Nephew, 3i Group

6th Nov 2024 13:41

(Sharecast News) - RBC Capital Markets upgraded Burberry on Wednesday to 'outperform' from 'sector perform' and hiked its price target on the stock to 900.0p from 650.0p.

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Director dealings: Asos CFO snaps up shares

6th Nov 2024 13:40

(Sharecast News) - Asos revealed on Wednesday that chief financial officer Dave Murray had acquired 5,800 ordinary shares in the London-listed fashion retailer.

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US open: Stocks sharply higher following Trump's re-election victory

6th Nov 2024 13:29

(Sharecast News) - Wall Street stocks were sharply higher at the open on Wednesday after news outlets began to call the 2024 presidential election for Donald Trump.

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Boohoo should get shareholder approval before any disposals, says Frasers

6th Nov 2024 12:51

(Sharecast News) - Frasers Group published an open letter on Wednesday in which it urged the board of Boohoo not to dispose of any assets without prior shareholder approval.

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Soaring demand for weight-loss drugs boost profits at Novo Nordisk

6th Nov 2024 12:17

(Sharecast News) - Novo Nordisk posted quarterly numbers broadly in line with expectations on Wednesday, as demand for its weight-loss drugs continued to boom.

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Shares in Ashtead rally on Trump victory

6th Nov 2024 11:22

(Sharecast News) - Shares in Ashtead Group soared on Wednesday, on hopes US revenues at the British firm would be boosted following the historic re-election of Donald Trump as president.

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US pre-open: Futures surge on Trump victory

6th Nov 2024 11:18

(Sharecast News) - Wall Street futures were sharply higher ahead of the bell on Wednesday after news outlets began to call the 2024 presidential election for Donald Trump.

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Europe midday: Stocks come off highs as investors digest US election aftermath

6th Nov 2024 11:09

(Sharecast News) - European markets came off their highs by Wednesday lunchtime but were still trading with impressive gains in the aftermath of the US presidential election, with Donald Trump defeating Kamala Harris to emerge as the clear winner.

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London midday: Stocks rally as Trump becomes 47th US president

6th Nov 2024 11:03

(Sharecast News) - London stocks were still firmly in the black by midday on Wednesday as Donald Trump was elected the 47th president of the United States.

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Asia report: Markets mixed as world watches US election

6th Nov 2024 10:49

(Sharecast News) - Asia-Pacific markets showed a mixed performance on Wednesday as investors responded to Wall Street's overnight rally ahead of US presidential election results.

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TBC Bank posts robust third quarter

6th Nov 2024 10:41

(Sharecast News) - TBC Bank Group posted a robust set of third-quarter results on Wednesday, with net profit rising 15.6% year-on-year to GEL 347.26m (£98.21m), supported by solid income growth across segments.

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