News Archive
Europe midday: Stocks jump on ECB rate-cut hopes
12th Apr 2024 11:31
(Sharecast News) - The Stoxx 600 index was up 1% on Friday as investor optimism surrounding interest-rate cuts in Europe prompted a return in risk appetite.
Read moreR&Q Insurance shares plummet on weak guidance
12th Apr 2024 10:59
(Sharecast News) - R&Q Insurance, the AIM-listed non-life insurer, lost almost half of its market value on Friday after announcing it would report a "significant pre-tax loss" for last year.
Read moreUS pre-open: Futures mixed ahead of bank earnings
12th Apr 2024 10:33
(Sharecast News) - Wall Street futures were mixed ahead of the bell on Friday as market focus turned to the beginning of Q1 earnings season.
Read moreAsia report: Most markets lower as China's exports fall short
12th Apr 2024 10:25
(Sharecast News) - Asia-Pacific markets finished in a mixed but primarily lower state on Friday, as investors assessed fresh economic data from Singapore and South Korea.
Read moreSigmaRoc delivers 'solid' Q1 performance
12th Apr 2024 09:44
(Sharecast News) - Limestone group SigmaRoc said on Friday that it had delivered a "solid Q1 performance", with underlying earnings in line with management expectations.
Read moreSamsung in line to secure $6bn in US government grants
12th Apr 2024 09:42
(Sharecast News) - Electronics giant Samsung will unveil a $44.0bn White House programme aimed at bringing semiconductor production back to America as soon as next week, with the memory chip maker in line to secure up to $6.0bn in government grants.
Read moreBAE Systems 'still riding high', says Deutsche Bank
12th Apr 2024 09:16
(Sharecast News) - Deutsche Bank has hiked its target price for BAE Systems and maintained a 'buy' rating on the aerospace and defence stock, saying that recent growth momentum is likely to continue.
Read moreSociete Generale sells Moroccan unit to Saham Group
12th Apr 2024 09:15
(Sharecast News) - French bank Societe Generale has agreed to sell the majority of its Moroccan arm to Saham Group for €745.0m as it forges ahead with chief executive Slawomir Krupa's plan to streamline the business.
Read moreRBC Capital upgrades Taylor Wimpey, downgrades Berkeley
12th Apr 2024 09:11
(Sharecast News) - RBC Capital Markets upgraded Taylor Wimpey on Friday but downgraded Berkeley as it took a look at the two UK housebuilders.
Read moreFCA tells motor finance firms to maintain their funding levels
12th Apr 2024 08:29
(Sharecast News) - The Financial Conduct Authority (FCA) wrote to motor finance firms on Friday, stressing that they must maintain adequate financial resources at all times.
Read moreRBC Capital Markets initiates coverage on Jet2 at 'outperform'
12th Apr 2024 08:05
(Sharecast News) - Analysts at RBC Capital Markets initiated coverage on tour operator Jet2 at 'outperform' on Friday, citing shareholder upside from a customer-first proposition.
Read moreLondon open: Stocks rally after GDP data, ahead of US earnings
12th Apr 2024 08:03
(Sharecast News) - London stocks rose in early trade on Friday as the latest GDP data suggested the UK recession had ended and as investors eyed the start of US earnings season.
Read moreEurope open: Stocks jump early as investors digest ECB comments
12th Apr 2024 07:59
(Sharecast News) - European stocks rose strongly on Friday as investors continued to digest comments from the European Central Bank, which indicated that a rate cut would be on the cards in the coming months.
Read moreUAE's ADNOC said to have recently considered BP takeover
12th Apr 2024 07:56
(Sharecast News) - The United Arab Emirates' state-owned oil company recently considered buying BP but the deliberations did not progress beyond preliminary discussions, according to a report.
Read moreJPMorgan 'repositioning for a recovery' as it upgrades host of housebuilders
12th Apr 2024 07:49
(Sharecast News) - JPMorgan Cazenove upgraded a host of names in the housebuilding sector on Friday as it said it was "repositioning for a recovery".
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