News Archive
Wednesday newspaper round-up: E-gates, Mike Ashley, Brexit
8th May 2024 07:24
(Sharecast News) - More than 800,000 people in Europe and the US appear to have been duped into sharing card details and other sensitive personal data with a vast network of fake online designer shops apparently operated from China. An international investigation by the Guardian, Die Zeit and Le Monde gives a rare inside look at the mechanics of what the UK's Chartered Trading Standards Institute has described as one of the largest scams of its kind, with 76,000 fake websites created. - Guardian
Read moreBoohoo full-year losses widen amid 'challenging' trading conditions
8th May 2024 07:19
(Sharecast News) - Fast-fashion retailer Boohoo reported a widening of its full-year losses on Wednesday in "challenging" trading conditions, as it was hit by inflation and weaker demand.
Read moreOSB Q1 performance 'stable', reiterates FY guidance
8th May 2024 07:19
(Sharecast News) - Lending and retail savings group OSB said on Wednesday that its Q1 financial and operational performance was "stable", with underlying net interest margins on track to meet full-year guidance.
Read moreInforma ups buyback after strong start to 2024
8th May 2024 07:18
(Sharecast News) - B2B events, publishing and data group Informa has lifted its share buyback programme by 50% after announcing a strong operating performance for the first four months of the year, with revenues, profits and cash flow expected to reach the upper end of guidance.
Read moreRenishaw lowers upper end of FY revenue, profit guidance
8th May 2024 07:09
(Sharecast News) - Technical instruments maker Renishaw on Wednesday lowered the upper end of full-year guidance amid what it described as "mixed" markets as earnings fell over the first nine months of its financial year.
Read moreUS close: Dow Jones delivers fifth-straight daily gain
8th May 2024 04:54
(Sharecast News) - Major indices turned in a mixed performance on Tuesday as the blue-chip Dow Jones registered its fifth positive session in a row.
Read moreLondon close: Stocks jump on return from long weekend
7th May 2024 16:32
(Sharecast News) - London markets closed on a high note on Tuesday, as the top-flight index surged to record highs, buoyed by positive momentum from the US and European markets.
Read moreAsia Dragon shares surge on Ashoka merger proposal
7th May 2024 16:11
(Sharecast News) - Shares in the Abrdn-run Asia Dragon Trust spiked on Tuesday after the £35m Ashoka Whiteoak Emerging Markets made a merger approach for its much larger rival.
Read moreBroker tips: Astrazeneca, Mondi
7th May 2024 16:02
(Sharecast News) - Analysts at Berenberg hiked their target price on drugmaker Astrazeneca from 1,200.0p to 1,300.0p on Tuesday, citing the group was "instilling confidence in the revenues of tomorrow".
Read moreJefferies raises target price on Mondi
7th May 2024 16:00
(Sharecast News) - Jefferies upped its target price on paper and packaging business Mondi from 1,650.0p to 1,700.0p on Tuesday following the group's first-quarter trading update.
Read moreBerenberg hikes target price on Astrazeneca
7th May 2024 15:54
(Sharecast News) - Analysts at Berenberg hiked their target price on drugmaker Astrazeneca from 1,200.0p to 1,300.0p on Tuesday, citing the group was "instilling confidence in the revenues of tomorrow".
Read moreDirector dealings: Dunelm non-executive director makes share purchase
7th May 2024 15:48
(Sharecast News) - Dunelm revealed on Tuesday that non-executive director Ajay Kavan had acquired 2,471 shares in the FTSE 250-listed homewares retailer.
Read moreSector movers: Defensives pace gains
7th May 2024 15:02
(Sharecast News) - Shares of electricity companies paced gains on the FTSE 350 on Tuesday as investors continued to shift back into longer-dated government bond yields on either side of the Pond.
Read moreFTSE 250 movers: Abrdn's Asia Dragon in focus after approach from smaller rival
7th May 2024 14:59
(Sharecast News) - FTSE 250 (MCX) 20,387.87 1.11%
Read moreUS open: Mixed start to trading, Dow on track for fifth consecutive daily win
7th May 2024 14:59
(Sharecast News) - Wall Street trading got off to a mixed start on Tuesday as the blue-chip Dow Jones looks to register its fifth positive session in a row.
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