News Archive
London close: Stocks fall ahead of US Fed decision
1st May 2024 16:42
(Sharecast News) - London markets closed lower on Wednesday, as investors digested the latest UK manufacturing data and anticipated an impending policy announcement from the US Federal Reserve.
Read moreDirector dealings: Vistry CEO makes share purchase
1st May 2024 16:06
(Sharecast News) - Vistry Group revealed on Wednesday that chief executive Greg Fitzgerald had acquired 23,172 ordinary shares in the FTSE 250-listed housebuilding firm.
Read moreFactory sector activity slows by more than expected in April, ISM says
1st May 2024 15:50
(Sharecast News) - Factory sector activity in the U.S. declined unexpectedly last month, even as price pressures picked up, the results of a closely-followed survey revealed.
Read moreBroker tips: Volution, Videndum
1st May 2024 15:42
(Sharecast News) - Jefferies reiterated its 'buy' rating and 510.0p target price on Volution on Wednesday as it said the company's ability to drive margins higher, through both revenue mix and efficiency, is more than offsetting the challenging market backdrop to deliver ongoing earning upgrades.
Read moreUS job openings little changed in March, quits continue to retreat
1st May 2024 15:28
(Sharecast News) - The number of job openings in the U.S. declined only slightly in March, but the number of so-called quits continued to retreat.
Read moreUS construction spending falls 0.2% in March
1st May 2024 14:57
(Sharecast News) - US construction spending fell by 0.2% month-on-month in March, according to the Census Bureau, following a revised flat reading in February and missing market expectations for a 0.3% increase.
Read moreBarclays to cut jobs in investment banking - reports
1st May 2024 14:50
(Sharecast News) - Barclays has reportedly kicked off a fresh round of redundancies, cutting "a few hundred roles" at its investment bank as it looks to tackle underperformers and reinvest in new talent.
Read moreFTSE 100 movers: Smith & Nephew jumps; Haleon in the red
1st May 2024 14:37
(Sharecast News) - London's FTSE 100 was down 0.3% at 8,117.38 in afternoon trade on Wednesday.
Read moreUS open: Stocks mixed ahead of FOMC decision
1st May 2024 14:33
(Sharecast News) - Wall Street trading got off to a mixed start on Wednesday as market participants awaited the outcome of the Federal Reserve's two-day policy meeting and digested more mega-cap earnings.
Read moreUS private sector employment rises more than expected - ADP
1st May 2024 13:56
(Sharecast News) - Private sector employment in the US rose more than expected April, according to figures released on Wednesday by the ADP.
Read moreCVS Health shares fall on earnings miss, lowered outlook
1st May 2024 13:42
(Sharecast News) - Shares in pharmacy giant CVS Health were falling on Wednesday, after its first-quarter results fell short of expectations, with both revenue and adjusted earnings missing the mark.
Read moreAriana sets out fresh production guidance for Zenit
1st May 2024 13:41
(Sharecast News) - Mineral explorer and developer Ariana Resources announced its production guidance for 2024 from its stake in the Zenit mining operations on Wednesday.
Read moreJohnson & Johnson proposes $6.5bn deal to settle talc claims
1st May 2024 13:39
(Sharecast News) - Johnson & Johnson has proposed a $6.5bn deal to settle thousands of lawsuits claiming its talc products cause cancer, it was confirmed on Wednesday.
Read moreSafestay acquires Cordoba hotel for EUR 2m
1st May 2024 13:34
(Sharecast News) - Safestay announced the acquisition of Hotel Lineros in Cordoba, Spain on Wednesday, for €2m.
Read moreFederal Reserve stays put on rates
1st May 2024 13:29
(Sharecast News) - America's central bank stood pat on rates on Wednesday, but refrained from sounding a hawkish note that might tighten financial conditions further.
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