News Archive
Thursday preview: Philly Fed index, Weekly US jobless claims in focus
17th Apr 2024 08:24
(Sharecast News) - Investors' focus on Thursday will be on a barrage of economic indicators in the U.S..
Read moreEurope open: Shares stage mini-rally after Tuesday sell-off
17th Apr 2024 08:22
(Sharecast News) - European shares staged a small rally at the open on Wednesday after a major sell-off a day earlier as investors digested inflation news and awaited Israel's response to a missile attack by Iran on Saturday night.
Read moreSynectics wins £800,000 contract with 'major UK utility provider'
17th Apr 2024 08:04
(Sharecast News) - Security and surveillance systems business Synectics has been awarded an £800,000 contract with a new customer to deliver a multi-site deployment of its proprietary software platform, Synergy.
Read moreAntofagasta reports 11% drop in first-quarter output
17th Apr 2024 07:41
(Sharecast News) - Copper miner Antofagasta said output fell in the first quarter due to lower grades and maintenance activities at two of its main projects, while the cost of production rose.
Read moreAsos losses widen, sales fall in first half
17th Apr 2024 07:37
(Sharecast News) - Half-year losses at UK online fast-fashion retailer Asos have widened as it continued to deal with competition from Chinese rival Shein, but said it was ahead of target on shifting the mountain of excess stock it built up during the Covid pandemic.
Read moreDe Beers diamond sales fall in cautious market
17th Apr 2024 07:31
(Sharecast News) - Provisional rough diamond sales from Anglo-American's De Beers' unit fell to $445m in the third sales cycle compared with $542m a year ago amid a subdued market.
Read moreUK inflation at lowest since September 2021, but falls less than expected
17th Apr 2024 07:28
(Sharecast News) - UK inflation fell to its lowest in three and a half years last month, but eased less than expected, which is likely to prompt caution from the Bank of England to get price pressures in check before cutting interest rates.
Read moreEntain sees 'strong' performance in many markets during Q1
17th Apr 2024 07:15
(Sharecast News) - Entain reported an in line performance for its first quarter.
Read moreLondon pre-open: Subdued start expected after huge sell-off
17th Apr 2024 07:12
(Sharecast News) - UK stocks were expected to open flat on Wednesday, as markets pause for breath following the previous session's sell-off which sent the FTSE 100 to its lowest level in four weeks.
Read moreGSK posts promising results from gonorrhoea treatment trial
17th Apr 2024 07:11
(Sharecast News) - GSK unveiled encouraging outcomes from a pivotal phase three trial on Wednesday, on the potential of gepotidacin as an oral treatment for uncomplicated urogenital gonorrhoea (GC), amid escalating resistance to current therapies.
Read moreWednesday newspaper round-up: IMF, champagne, Boeing, Plus500, Trump Media
17th Apr 2024 07:10
(Sharecast News) - Rising energy prices and disruption to international shipping risk "stalling" declines in inflation in leading economies, the International Monetary Fund has warned, telling central banks that the "last mile" of their battle against price rises may be the hardest. In its latest assessment of global financial stability, the IMF said markets were vulnerable to another round of volatility if investors continued to push back their expectations for interest rate cuts this year, leading to falls in bond and stock prices. - The Times
Read moreRio Tinto holds guidance despite lower Q1 iron ore production
17th Apr 2024 07:06
(Sharecast News) - Mining giant Rio Tinto on Wednesday held annual production guidance, despite a sharp fall in first-quarter iron ore shipments and production.
Read moreUS close: Stocks finished mixed after Powell urges patience on rate cuts
16th Apr 2024 21:35
(Sharecast News) - US stocks finished mixed on Tuesday after bond yields climbed on the back of comments from Federal Reserve chair Jerome Powell, who said the central bank needed more confidence that inflation was on a downward trend before cutting interest rates.
Read moreEurope close: Markets fall as geopolitical tensions rise
16th Apr 2024 16:26
(Sharecast News) - European markets were still in the red at the end of the day on Tuesday, tracking a global sell-off as investors mulled Israel's potential reaction to an Iranian missile attack over the weekend.
Read moreBroker tips: Everyman Media, Yellow Cake, Kainos
16th Apr 2024 16:00
(Sharecast News) - Everyman Media is "well positioned for future success", according to Canaccord Genuity, which reiterated a 'buy' rating on the company following its 2023 results on Tuesday.
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