News Archive
US pre-open: Dow Jones on track for eighth-straight winning session
10th May 2024 11:36
(Sharecast News) - Wall Street futures were in the green ahead of the bell on Friday as the blue-chip Dow Jones was on track for an eighth-straight winning session.
Read moreArtemis raises AUD 2.9m to fund further exploration
10th May 2024 11:29
(Sharecast News) - Artemis Resources announced on Friday that it has successfully secured firm commitments for a capital raising of AUD 2.87m (£1.51m), priced at AUD 0.01275 per share, with significant support reported from both sophisticated and institutional investors.
Read moreEurope midday: Stoxx scales new heights as UK GDP growth lifts sentiment
10th May 2024 11:21
(Sharecast News) - European shares hit fresh record highs on Friday as news that the UK had officially exited recession in the first quarter boosted sentiment.
Read moreJPMorgan still positive on UK banks despite potential rate cuts
10th May 2024 11:17
(Sharecast News) - JPMorgan has said that dovish comments from the Bank of England this week don't alter its constructive view on UK banking stocks, even if interest rates do fall more sharply than markets are currently pricing in.
Read moreUltimate Products warns of continued trading weakness
10th May 2024 11:15
(Sharecast News) - Ultimate Products reported further weakness in third-quarter trading on Friday, as consumer demand reportedly remained weak.
Read moreNextEnergy Solar extends £70m Santander credit facility
10th May 2024 11:08
(Sharecast News) - NextEnergy Solar Fund announced the extension of its existing £70m short-term revolving credit facility (RCF) with Santander on Friday.
Read moreBerenberg hikes target price on John Wood
10th May 2024 10:10
(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 moreAsia report: Markets follow Wall Street higher
10th May 2024 09:58
(Sharecast News) - Hong Kong spearheaded a jump in Asia-Pacific stocks on Friday, riding the coattails of positive momentum from Wall Street.
Read moreLondon midday: Stocks extend gains as miners rally; GDP in focus
10th May 2024 09:56
(Sharecast News) - London stocks had extended gains by midday on Friday, with miners pacing the advance, as data showed the UK is no longer in recession.
Read moreJefferies upgrades GCP Infrastructure Investments to 'buy'
10th May 2024 09:34
(Sharecast News) - Infrastructure investment firm GCP was performing well on Friday after analysts at Jefferies upgraded their rating on the stock from 'hold' to 'buy' following the recent disposal of the Blackcraig Wind Farm.
Read moreMothercare shares slide as group enters refinancing negotiations
10th May 2024 09:18
(Sharecast News) - Retailer Mothercare shares nosedived in early trading as the group revealed it had entered refinancing negotiations as demand for its products continued to be subdued.
Read moreCairn Homes maintains guidance as demand stays strong
10th May 2024 08:45
(Sharecast News) - Irish homebuilder Cairn Homes has reiterated its full-year guidance after a strong start to the year, saying demand for new homes remains "exceptionally high", as it reported a forward order book of more than €1bn.
Read moreS4 Capital reports weaker first quarter, as expected
10th May 2024 08:37
(Sharecast News) - Digital advertising and marketing services company S4 Capital reported a decline in net revenue in its first quarter on Friday, which it put down to ongoing client caution and a decrease in activity within its technology services segment.
Read moreLondon open: FTSE gains as UK exits recession
10th May 2024 08:17
(Sharecast News) - London stocks rose in early trade on Friday as data revealed the UK is no longer in recession.
Read moreEurope open: Stoxx hits fresh highs as UK exits recession
10th May 2024 08:04
(Sharecast News) - European shares hit fresh record highs on Friday as news that the UK had officially exited recession in the first quarter boosted sentiment.
Read more