News Archive

Director dealings: Carr's Group director makes share purchase

14th May 2024 15:44

(Sharecast News) - Carr's Group revealed on Tuesday that senior independent director Gillian Watson had acquired 37,254 shares in the London-listed agriculture and engineering company.

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FTSE 100 movers: Ocado surges; Anglo American in the red

14th May 2024 15:42

(Sharecast News) - London's FTSE 100 was up 0.2% at 8,428.30 in afternoon trade on Tuesday.

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Klarna edges closer to $20bn float - report

14th May 2024 15:41

(Sharecast News) - Buy now pay later firm Klarna has reportedly cleared a crucial hurdle on its journey towards a stock market flotation expected to value it at as much as $20bn (£15.9bn).

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Europe close: Stocks edge higher as investors digest macro data

14th May 2024 15:22

(Sharecast News) - After a flat start, European stocks pulled into positive territory by the close on Tuesday, pushing the Stoxx 600 index to another record close, as markets rallied for the eighth day straight.

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Mears Group wins £125m contract in North Lanarkshire

14th May 2024 15:14

(Sharecast News) - UK housing services providers Mears Group has won a contract with North Lanarkshire Council worth £125m, the company announced on Tuesday.

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US open: Stocks higher as investors thumb over PPI data

14th May 2024 14:08

(Sharecast News) - Wall Street stocks were higher early on Tuesday as market participants digested key inflation data.

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Wednesday preview: US CPI, Burberry in the spotlight

14th May 2024 13:52

(Sharecast News) - Wednesday will bring with it the week's key risk event - barring surprises - in the form of the latest US consumer price report.

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FTSE 250 movers: Currys in favour; No appetite for Greggs

14th May 2024 13:50

(Sharecast News) - FTSE 250 (MCX) 20,630.59 0.34%

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US producer prices rise by more than expected in April

14th May 2024 13:44

(Sharecast News) - Wholesale prices in the US jumped past economists' forecasts last month amid big increases in energy costs and retailers' margins.

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US wholesale inflation rises more than forecast

14th May 2024 13:21

(Sharecast News) - US producers prices rebounded more than expected in April after a downwardly revised fall the previous month, with the annual rate of inflation rising to its highest level in a year.

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Barclays lifts Unilever target price after strong Q1

14th May 2024 13:12

(Sharecast News) - Barclays has lifted its target price for Unilever following the consumer-goods group's well-received first-quarter results last month, saying the current quarter could beat expectations.

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Serica Energy taps Chris Cox as its new CEO

14th May 2024 13:07

(Sharecast News) - Independent upstream oil and gas firm Serica Energy announced the appointment of Chris Cox as its new chief executive officer on Tuesday, effective 1 July.

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Revenue rises, profits set to shrink for Gateley

14th May 2024 13:02

(Sharecast News) - Professional services group Gateley said in an update on Tuesday that it expected robust revenue growth of 5.7% for the financial year just ended, surpassing £172m, compared to £162.7m in the prior year.

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Renew Holdings reports another record trading performance

14th May 2024 12:56

(Sharecast News) - Engineering services group Renew Holdings reported another record trading performance in its half-year results on Tuesday, with revenue rising 17.2% year-on-year to £552.8m.

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OPEC holds production forecasts, plans to use OPEC+ outlook

14th May 2024 12:38

(Sharecast News) - OPEC held global oil demand forecasts on Tuesday, adding that there was some upside potential for economic growth this year and beyond, and said it would also start using production from the wider OPEC+ group for forecasts.

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