News Archive

Jupiter AUM rises in Q1, but sees £1.6bn in outflows

23rd Apr 2024 07:37

(Sharecast News) - Jupiter Fund Management shares fell on Tuesday as the investment firm saw net outflows of £1.6bn during the first quarter.

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Taylor Wimpey hails 'good start' to 2024 as market stabilises

23rd Apr 2024 07:31

(Sharecast News) - UK housebuilder Taylor Wimpey said it has made a solid start to the year with the market continuing to stabilise, with good levels of visitors to selling sites.

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UK govt March borrowing comes in higher-than-expected

23rd Apr 2024 07:22

(Sharecast News) - UK government borrowing overshot forecasts in March, producing a budget deficit that was £6.6bn higher than expected, official data revealed on Tuesday, damaging plans for a pre-election tax cut by Finance Minister Jeremy Hunt.

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Copper production rises but diamond output falls at Anglo American

23rd Apr 2024 07:14

(Sharecast News) - Anglo American reported relatively flat group production in the first quarter on Tuesday as rising copper production was offset by sliding diamond output.

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London pre-open: Further gains expected after FTSE 100 closes at record high

23rd Apr 2024 07:06

(Sharecast News) - UK stocks are expected to test new highs on Tuesday after surging to a new record the previous session, as a tumbling pound gave markets a big lift.

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AB Foods lifts FY outlook as interim profits jump

23rd Apr 2024 07:03

(Sharecast News) - Primark owner Associated British Foods posted a jump in interim profit and revenue on Tuesday as it lifted its full-year profit outlook.

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JD Sports buys US-based Hibbett for $1.08bn

23rd Apr 2024 07:01

(Sharecast News) - JD Sports Fashion on Tuesday said it was buying US sports fashion retailer Hibbett for $1.08bn (£878m).

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UK private sector output expands, cost pressures loom

23rd Apr 2024 07:01

(Sharecast News) - Britain's private sector saw robust expansion in April, according to fresh data on Tuesday, marking the sixth consecutive month of growth.

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Tuesday newspaper round-up: P&O Ferries, TikTok, CVC

23rd Apr 2024 06:43

(Sharecast News) - P&O Ferries seafarers have been told they will benefit from new French legislation that could double their pay, in what appears to be a significant U-turn by the controversial ferry operator. The move comes more than two years after P&O enraged the UK and French governments by sacking 786 workers and then taking advantage of a legal loophole to hire replacements on pay rates of below the minimum wage. - Guardian

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US close: Stocks higher ahead of tech earnings

22nd Apr 2024 21:57

(Sharecast News) - Wall Street stocks were in the green at the close of trading on Monday as market participants looked ahead to key earnings from a number of major tech firms.

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Europe close: Stocks start week on front foot as Mideast tensions ebb

22nd Apr 2024 16:33

(Sharecast News) - Most European bourses started the week in good form with investors breathing a sigh of relief over the reduced tensions in the Middle East, at least for the moment.

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Director dealings: Windar Photonics director raises stake

22nd Apr 2024 15:30

(Sharecast News) - Windar Photonics revealed on Monday that non-executive director Paul Hodges had acquired 220,000 ordinary shares in the AIM-listed wind sensor developer.

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Broker tips: Dr Martens, Diageo, M&S, Next and Sainsbury's

22nd Apr 2024 15:21

(Sharecast News) - RBC Capital Markets cut its price target on Dr Martens on Monday to 65.0p from 85.0p as it reduced estimates following the bootmaker's FY25 guidance.

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CoStar to buy Matterport in $1.6bn deal

22nd Apr 2024 15:08

(Sharecast News) - CoStar, a US provider of online real estate marketplaces, information and analytics in the property markets, said on Monday that it has agreed to buy Matterport in a $1.6bn deal.

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Chicago Fed's national activity index rises to 0.15 in March

22nd Apr 2024 15:05

(Sharecast News) - The Chicago Federal Reserve's national activity index rose to +0.15 in March, up from an upwardly revised reading of +0.09 for February and beating expectations for a +0.09 reading for the highest reading since November 2023.

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