News Archive

Director dealings: Journeo director raises stake

25th Apr 2024 16:07

(Sharecast News) - Journeo revealed on Thursday that non-executive director Barnaby Kent had acquired 9,656 ordinary shares in the AIM-listed transport solutions provider.

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Broker tips: Schroders, Reckitt Group, Jet2

25th Apr 2024 16:01

(Sharecast News) - Numis has trimmed its target price for Schroders from 380.0p to 365.0p on Thursday after first-quarter results from the asset management firm were "a little weaker than expected".

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RBC Capital lifts Jet2 price target

25th Apr 2024 15:28

(Sharecast News) - RBC Capital Markets lifted its price target on Jet2 on Thursday to 2,000p from 1,950p following the company's trading statement a day earlier.

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US pending home sales unexpectedly rise in March

25th Apr 2024 15:25

(Sharecast News) - US pending home sales unexpectedly improved in March, according to the National Association of Realtors.

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Bristol Myers Squibb to cut 2,200 jobs as part of $1.5bn cost-savings drive

25th Apr 2024 15:17

(Sharecast News) - US drugmaker Bristol Myers Squibb on Thursday announced plans to cut its workforce by 6% as part of a $1.5bn cost-savings programme, as it reported better-than-expected results for the first quarter.

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London close: Stocks finish mixed as US GDP growth slows

25th Apr 2024 15:14

(Sharecast News) - London's stock markets finished with a mixed performance on Thursday, as investors digested a slower-than-expected GDP growth reading from the United States, while a slew of well-received earnings underpinned the top-flight index.

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Southwest shares sink as airline reports airport exits, Q1 losses

25th Apr 2024 15:03

(Sharecast News) - Shares in Southwest Airlines plummeted on Thursday after the carrier announced plans to pull out of four airports to improve its financial performance, as it reported a wider-than-expected loss for the first quarter and trimmed its annual guidance.

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US open: Stocks sharply lower following macro data, tech earnings

25th Apr 2024 14:58

(Sharecast News) - Wall Street stocks were in the red early on Thursday as investors digested disappointing earnings from some of the tech's biggest names.

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Revenue, earnings to fall at Driver Group

25th Apr 2024 14:46

(Sharecast News) - Dispute avoidance and resolution consultancy Driver Group said in a trading update on Thursday that it expected to report revenue of £22.5m for its first half, slightly down from £24.2m a year earlier.

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US initial jobless claims hit two-month low

25th Apr 2024 14:01

(Sharecast News) - Americans lined up for unemployment benefits at a decelerated pace in the week ended 20 April, according to the Labor Department, dropping to the lowest level seen since February.

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Friday preview: US inflation data, NatWest Group in the spotlight

25th Apr 2024 14:01

(Sharecast News) - Financial markets' attention at the end of the week would be squarely on the latest inflation data out of the States.

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US Q1 GDP growth comes in slowed than expected

25th Apr 2024 14:00

(Sharecast News) - Economic activity in the U.S. slowed by more than anticipated at the turn of the year, while price pressures picked up.

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BNP Paribas beats forecasts comfortably with Q1 results

25th Apr 2024 13:24

(Sharecast News) - French banking giant BNP Paribas delivered an increase in profits in its first quarter on stable revenues, as it reiterated its guidance for the full year.

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Turkey central bank holds interest rates at 50%

25th Apr 2024 13:03

(Sharecast News) - Turkey's central bank left interest rates on hold on Thursday at 50% as it said it was keeping a close eye on inflation.

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