News Archive
Indivior shares tank after another profit warning
10th Oct 2024 12:38
(Sharecast News) - Shares in Indivior plunged on Thursday after the pharma group cut its full-year revenue forecast for the second times following a weaker-than-expected third-quarter performance from Sublocade, its treatment of moderate to severe opioid use disorder.
Read moreLondon midday: Stocks dip ahead of US inflation reading
10th Oct 2024 12:10
(Sharecast News) - London stocks had fallen into the red by lunchtime on Thursday, as investors awaited crucial US inflation data, which could influence the Federal Reserve's next policy moves.
Read moreShares fall as Delta's third-quarter update disappoints
10th Oct 2024 12:05
(Sharecast News) - Shares in Delta Air Lines came under pressure on Thursday, after third-quarter earnings and sales guidance disappointed.
Read moreUnilever quits Russia after striking deal with Arnest
10th Oct 2024 11:16
(Sharecast News) - Consumer goods giant Unilever has sold its Russian business, it was confirmed on Thursday, bringing to an end its presence in the country.
Read moreGames Workshop board taps Mark Lam as its new chair
10th Oct 2024 11:06
(Sharecast News) - Games Workshop Group announced the appointment of Mark Lam as its new non-executive chair on Thursday, effective 1 November.
Read moreUS initial jobless claims much higher than expected, hit 14-month high
10th Oct 2024 11:05
(Sharecast News) - Americans lined up for unemployment benefits at an accelerated pace in the week ended 5 October, according to the Labor Department.
Read moreBerenberg dowgrades Central Asia Metals to 'hold'
10th Oct 2024 11:03
(Sharecast News) - Analysts at Berenberg downgraded Central Asia Metals from 'buy' to 'hold' on Thursday and lowered its target price on the stock from 230.0p to 210.0p following the group's Q3 production results a day earlier.
Read moreEurope midday: Shares stay in the red as focus turns to US CPI
10th Oct 2024 10:59
(Sharecast News) - European shares were lower on Thursday as investors turned their attention to US CPI data due later in the day.
Read moreUniqlo owner Fast Retailing sees annual sales top 3trn yen
10th Oct 2024 10:58
(Sharecast News) - Fast Retailing, the Japanese clothing conglomerate and owner of Uniqlo, published record annual profits on Thursday that beat both consensus and the company's own forecasts, as group turnover topped 3trn yen for the first time.
Read moreGSK's Zantac settlement should give stock a boost, says Jefferies
10th Oct 2024 10:25
(Sharecast News) - GSK's $2.2bn payment to settle 93% of outstanding Zantac lawsuits in the US was close to the "best case scenario", according to Jefferies, which said the announcement should remove a significant weight on the share price.
Read moreEDF seeks £4bn to help fund Hinkley Point C - report
10th Oct 2024 10:23
(Sharecast News) - Electricite de France is holding talks with investors about funding Hinkley Point C, the nuclear power plant is it in building in Somerset, it was reported on Thursday.
Read moreUS pre-open: Futures lower ahead of September CPI
10th Oct 2024 10:18
(Sharecast News) - Wall Street futures were in the red ahead of the bell on Thursday as market participants patiently awaited the release of September's consumer price index.
Read moreFCA fines TSB £10.9m over treatment of customers in arrears
10th Oct 2024 10:10
(Sharecast News) - The Financial Conduct Authority (FCA) has fined TSB Bank £10.9m for failing to ensure fair treatment of customers in financial difficulty.
Read moreChemring Nobel to look into new Norway explosives production plant
10th Oct 2024 09:45
(Sharecast News) - Chemring Group announced on Thursday that its subsidiary Chemring Nobel was partnering with the Norwegian government on a feasibility study to assess the development of a new military explosives production facility.
Read moreAsia report: Most markets rise as China opens 'swap scheme'
10th Oct 2024 09:39
(Sharecast News) - Most Asia-Pacific markets posted gains on Thursday, buoyed by positive sentiment from Wall Street and investor optimism ahead of key US inflation data.
Read more