News Archive
London close: Stocks rise further as UK exits recession
10th May 2024 16:02
(Sharecast News) - London stocks finished the trading week on a positive note on Friday, driven by gains in the mining sector, following the release of data indicating the UK's exit from recession.
Read moreBroker tips: Wood Group, GCP
10th May 2024 15:41
(Sharecast News) - Analysts at Berenberg raised their target price on engineering and consulting business John Wood Group from 150.0p to 220.0p on Friday following the group's first-quarter trading statement that came hot on the heels of news that it had rejected a takeover bid at 205.0p per share.
Read moreFed members continue to push back against rate-cut hopes
10th May 2024 15:22
(Sharecast News) - Federal Reserve policymakers are continuing to push back against expectations for significant interest-rate cuts this year, with governor Michelle Bowman asking for patience before any policy easing takes place.
Read moreUS consumer sentiment drops to lowest in six months
10th May 2024 15:00
(Sharecast News) - Consumer sentiment in the United States dropped to a six-month low in May, according to a closely watched survey from the University of Michigan, falling much more than economists were expecting.
Read moreUS open: Dow continues to rally, Nasdaq heads south
10th May 2024 14:54
(Sharecast News) - Wall Street stocks were mostly in the green early on Friday, with the blue-chip Dow Jones on track for an eighth-straight winning session.
Read moreFTSE 100 movers: CRH rallies; Rightmove in the red
10th May 2024 14:43
(Sharecast News) - London's FTSE 100 was up 0.7% at 8,436 in afternoon trade on Friday.
Read moreFTSE 250 movers: TBC results please; C&C slips
10th May 2024 14:26
(Sharecast News) - FTSE 250 (MCX) 20,695.25 0.80%
Read moreMotors.co.uk said to be circling Cazoo Group
10th May 2024 12:40
(Sharecast News) - Privately owned used-car platform Motors.co.uk is reportedly circling Cazoo Group, which is on the brink of administration.
Read moreHonda guides to profit decline this year as sales stall
10th May 2024 12:31
(Sharecast News) - Japanese carmaker Honda said that annual profits are expected to fall after a huge jump in the year just gone, with currency movements and rising costs estimated to weigh on the bottom line.
Read morePolarean shares jump on MRI system order
10th May 2024 11:57
(Sharecast News) - Advanced MRI technology specialist Polarean Imaging shares were surging on Friday, after receiving its second de novo order for a new Xenon MRI System from the University of Alabama at Birmingham (UAB) Hospital.
Read moreAscent upbeat on progress as Lisbon Valley gas and helium investment
10th May 2024 11:51
(Sharecast News) - Ascent Resources updated the market on operations in its investment into GNG Partners, the owner of the 60 million standard cubic feet Lisbon Valley gas and helium processing plant in Utah, on Friday.
Read moreCeladon Pharmaceuticals raises £2.1m for working capital
10th May 2024 11:48
(Sharecast News) - Medical cannabis specialist Celadon Pharmaceuticals announced on Friday that it has raised £2.1m to provide it with additional working capital.
Read moreNovavax signs $1.2bn Covid-19 licensing deal with Sanofi, shares rocket
10th May 2024 11:47
(Sharecast News) - Shares of US biotech firm Novavax rocketed on Friday after it signed a $1.2bn licensing agreement with French pharmaceutical group Sanofi to commercialise its Covid-19 vaccine from next year.
Read moreDekel reports solid year-to-date palm oil production
10th May 2024 11:42
(Sharecast News) - Dekel Agri-Vision reported a solid set of production numbers for April at its Ayenouan palm oil project in Côte d'Ivoire on Friday.
Read more88 Energy announces 2D seismic contract in Namibia
10th May 2024 11:36
(Sharecast News) - 88 Energy announced the awarding of a contract for a 2D seismic acquisition programme for its PEL 93 licence in Namibia on Friday.
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