News Archive

Numis downgrades DS Smith to 'hold'

19th Apr 2024 08:24

(Sharecast News) - Numis downgraded its stance on packaging group DS Smith on Friday to 'hold' from 'buy' as it said there was insufficient upside to retain a buy rating.

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888 beats its own guidance with solid Q1 revenues

19th Apr 2024 08:02

(Sharecast News) - Shares in gambling group 888 Holdings rose on Friday after the company delivered first-quarter revenues ahead of guidance and reiterated its confidence in hitting full-year targets.

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Europe open: Shares fall as Israel attacks Iran; Oil, gold rise

19th Apr 2024 07:50

(Sharecast News) - European stocks tumbled at the open on Friday after Israel launched an attack on Iran in the latest escalation of hostilities between the two since Tel Aviv attacked the Iranian consulate in Syria.

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Old Mutual gets green light from South African Prudential Authority to set up bank

19th Apr 2024 07:47

(Sharecast News) - Old Mutual clinched approval from the Prudential Authority to set up a bank subject to specific licence conditions.

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Man Group reports 5% increase in Q1 AUM

19th Apr 2024 07:42

(Sharecast News) - Investment management firm Man Group reported an improvement in assets under manager in the first quarter, according to a trading update released on Friday, but net outflows during the period caught investors by surprise, causing shares to drop sharply.

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Woodside Energy posts decline in Q1 production

19th Apr 2024 07:32

(Sharecast News) - Woodside Energy reported a 7% quarter-on-quarter decline in output to 44.9 million barrels of oil equivalent per day over the three days ending in March.

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London pre-open: Sharp falls expected after Israel retaliates

19th Apr 2024 07:24

(Sharecast News) - UK stocks are expected to drop sharply on Friday morning after a flare-up of tensions in the Middle East.

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German March producer prices fall 2.9% year on year

19th Apr 2024 07:19

(Sharecast News) - German industrial producer prices fell 2.9% in March year on year, driven by lower energy prices, the federal statistics agency said on Friday.

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Home REIT exchanges 65 properties at auction

19th Apr 2024 07:05

(Sharecast News) - Home REIT announced the successful exchange of 65 properties on Friday, at a public auction held on 18 April.

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UK retail sales stagnate in March

19th Apr 2024 06:56

(Sharecast News) - UK retail sales were flat in March, undershooting expectations, according to figures released on Friday by the Office for National Statistics.

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Friday newspaper round-up: Thames Water, Netflix, consumer confidence

19th Apr 2024 06:39

(Sharecast News) - "Misleading" and "inconsistent" labels make it hard for shoppers to know where their food comes from, the consumer champion Which? has said, as it found supermarket chains were selling products with "meaningless" statements on their packaging. Retailers must supply the "country of origin" for specific foods including fresh fruit and vegetables, unprocessed meats, fish, wine and olive oil but the rules do not generally apply to processed meat or frozen or processed fruit and vegetables. - Guardian

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Israel hits target in Iran's central province of Isfahan in limited strike

19th Apr 2024 06:38

(Sharecast News) - Israel struck a target in the central Iranian province of Isfahan, where the country's nuclear installations are located.

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US close: Stocks finish mostly lower as bond yields climb

18th Apr 2024 22:36

(Sharecast News) - US stocks were mostly lower on Thursday with the S&P 500 and Nasdaq falling for the fifth straight day as another rise in bond yields dampened risk appetite

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Europe close: Stocks finish higher as dollar slips

18th Apr 2024 17:05

(Sharecast News) - European markets showed resilience on Thursday, bolstered by a surge in eurozone construction activity.

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London close: Stocks push ahead as airlines lead gains

18th Apr 2024 16:36

(Sharecast News) - UK stocks finished firmly in positive territory on Thursday despite a brief dip in afternoon trade, as falling oil prices and a return in risk appetite helped equity markets higher following the recent sell-off.

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