News Archive

FTSE 100 movers: HSBC gains; Prudential in the red

30th Apr 2024 15:09

(Sharecast News) - London's FTSE 100 was up 0.3% at 8,172.34 in afternoon trade on Tuesday.

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US open: Stocks trade lower as traders look ahead to outcome of FOMC meeting

30th Apr 2024 14:54

(Sharecast News) - Wall Street stocks registered early losses on Tuesday as market participants looked ahead to the outcome of the Federal Reserve's two-day policy meeting and digested more mega-cap earnings.

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Deutsche Bank starts coverage of Fevetree, Britvic at 'buy'

30th Apr 2024 14:21

(Sharecast News) - Deutsche Bank initiated coverage of drinks companies Fevertree and Britvic on Tuesday with 'buy' rating.

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FTSE 250 movers: Telecom Plus, Rotork in favour; Oil stocks slip

30th Apr 2024 14:17

(Sharecast News) - FTSE 250 (MCX) 20,034.34 -0.25%

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US house prices near record highs as growth picks up

30th Apr 2024 14:02

(Sharecast News) - Urban house-price growth in the US accelerated to its highest level in 16 months in February, according to data out on Tuesday from S&P CoreLogic Case-Shiller, with prices at or near all-time highs.

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US house prices near record highs as growth picks up

30th Apr 2024 14:02

(Sharecast News) - Urban house-price growth in the US accelerated to its highest level in 16 months in February, according to data out on Tuesday from S&P CoreLogic Case-Shiller, with prices at or near all-time highs.

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Spain's BBVA approaches rival Sabadell regarding possible merger

30th Apr 2024 13:54

(Sharecast News) - Spain's second-largest lender BBVA has expressed its renewed interest in a takeover of its smaller rival Banco Sabadell.

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McDonald's delivers mixed Q1 results

30th Apr 2024 13:49

(Sharecast News) - Fast food giant McDonald's delivered mixed first-quarter results on Tuesday as restructuring costs weighed on profits.

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Eli Lilly hikes sales guidance by $2bn, shares jump

30th Apr 2024 13:40

(Sharecast News) - Shares in Eli Lilly jumped on Wall Street on Tuesday after the American pharma giant beat quarterly profit forecasts and hiked its full-year sales guidance by $2bn, helped by surging demand for its weight-loss drug Zepbound.

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First-quarter earnings fizz at Coca-Cola

30th Apr 2024 13:39

(Sharecast News) - The Coca-Cola Company lifted its annual sales forecast on Tuesday, after first-quarter numbers at the US giant topped expectations.

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Wednesday preview: Federal Reserve, Haleon in focus

30th Apr 2024 13:27

(Sharecast News) - Investors' focus in the middle of the week will be on the U.S. central bank.

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US Employment Cost Index rises more quickly than expected in Q1

30th Apr 2024 13:26

(Sharecast News) - The cost in the U.S. of employing workers picked up modestly at the start of 2024 amid a jump in benefits.

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Haleon too shut Maidenhead factory, putting 435 jobs at risk

30th Apr 2024 12:01

(Sharecast News) - Haleon, the British healthcare company behind brands like Sensodyne and Panadol, is expected to announce 435 job cuts over the next two years due to plans to shut its Maidenhead manufacturing plant.

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Space NK owner said to have hired bankers to sell beauty chain

30th Apr 2024 11:55

(Sharecast News) - The owner of Space NK has reportedly picked bankers to handle a sale of the high street beauty chain that is expected to fetch more than £300m.

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Barclays in talks to take over Goldman's GM-branded credit cards - report

30th Apr 2024 11:53

(Sharecast News) - Barclays is reportedly in talks with US banking giant Goldman Sachs to acquire $2bn in credit card balances from its co-branded credit programme with General Motors.

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