News Archive
Sunday newspaper round-up: Royal Mail, Shein, Canary Wharf
28th Apr 2024 13:20
(Sharecast News) - The heads of the Communication Workers Union have acquiesced to Royal Mail's demand to end six-day-a-week letter deliveries, paving the way for historic cuts to postal services. Royal Mail wants to amend its universal service obligation so that it must only deliver second-class post every other day. Nonetheless, first-class mail would continue to be delivered on Saturday, union sources said. Ofcom has yet to respond to Royal Mail's proposals. - The Sunday Times
Read moreEurope close: Alphabet and Microsoft earnings help lift gloom
27th Apr 2024 16:44
(Sharecast News) - European shares were higher on Friday as strong earnings from tech giants Google and Microsoft lifted the gloom hanging over markets.
Read moreWeek ahead: Federal Reserve, US non-farm payrolls in the spotlight
27th Apr 2024 16:22
(Sharecast News) - Investors will have to navigate a week full of potential risks events over the next seven days, not the least the U.S. central bank's policy meeting on Wednesday and the April U.S. non-farm payrolls report two days later.
Read moreUS close: Nasdaq jumps 2% as tech stocks surge
26th Apr 2024 22:09
(Sharecast News) - US stocks bounced back strongly on Friday with the Nasdaq surging more than 2% with the Magnificent Seven tech giants providing a huge boost following strong results from Microsoft and Alphabet.
Read moreLondon close: Stocks buoyed by banking, mining positivity
26th Apr 2024 16:35
(Sharecast News) - London's equity markets closed positively on Friday, buoyed by gains in the banking sector following better-than-expected results from NatWest.
Read moreAukett Swanke flags delays to some contracts
26th Apr 2024 15:05
(Sharecast News) - Smart buildings, architectural and design services specialist Aukett Swanke said in an update on Friday that, as outlined in its recent financial statements, it maintained a robust pipeline of interest, although a number of projects had been pushed back.
Read moreFTSE 100 movers: NatWest, Anglo up; Convatec falls on Peel Hunt downgrade
26th Apr 2024 15:05
(Sharecast News) - FTSE 100 (UKX) 8,132.15 0.66%
Read moreAgronomics investee Solar Foods raises EUR 8m
26th Apr 2024 15:03
(Sharecast News) - Cellular agriculture investor Agronomics announced on Friday that its portfolio company Solar Foods had raised an additional €8m through Finnish investment organiser Springvest.
Read moreBroker tips: NatWest, Pensionbee, Greggs
26th Apr 2024 15:02
(Sharecast News) - Shore Capital reiterated its 'buy' rating on bank NatWest after a forecast-beating first quarter but said it sees the least amount of upside potential in the stock compared with the wider banking sector.
Read moreUS open: Stocks higher following March PCE reading
26th Apr 2024 14:38
(Sharecast News) - Wall Street stocks were in the green early on Friday as market participants digested key inflation data.
Read moreFTSE 250 movers: Darktrace surges on Thoma Bravo bid; WH Smith down again
26th Apr 2024 14:20
(Sharecast News) - FTSE 250 (MCX) 19,788.28 0.95%
Read moreUS PCE rises to 2.7% in March, ahead of estimates
26th Apr 2024 12:11
(Sharecast News) - The US personal consumption expenditure rate rose to 2.7% in March, according to the Bureau of Economic Analysis, up from 2.5% in February and higher than the 2.6% expected by economists, suggesting that inflationary headwinds were still building.
Read moreBerenberg hikes target price on Greggs
26th Apr 2024 11:44
(Sharecast News) - Analysts at Berenberg raised their target price on bakery chain Greggs from 3,550.0p to 3,990.0p on Friday as it noted that customer appeal had broadened as its market share was expanding.
Read moreLondon midday: NatWest tops risers as Footsie hits fourth record high of the week
26th Apr 2024 11:42
(Sharecast News) - Decent gains in the banking sector were providing a lift to UK equity markets on Friday following better-than-expected results from NatWest, sending the FTSE 100 to yet another all-time high.
Read moreEurope midday: Shares hold gains at end of busy week; FTSE hits new heights
26th Apr 2024 11:34
(Sharecast News) - European shares were higher on Friday as strong earnings from tech giants Google and Microsoft overnight boosted sentiment, while Anglo American rebuffed BHP's mega £31bn offer as "opportunistic".
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