News Archive
London close: Stocks finish lower as ECB stands pat
11th Apr 2024 15:56
(Sharecast News) - London's stock markets finished in negative territory on Thursday, as investors reacted to the European Central Bank's latest policy announcement and a producer price index release in the United States.
Read moreSector movers: Stocks slip as U.S. Fed rate cut expectations fade
11th Apr 2024 15:50
(Sharecast News) - Banks and Life insurers paced losses as expectations for interest rate cuts in the U.S. continued to shift.
Read moreIomart flags decent results, warns of lower-than-expected renewals
11th Apr 2024 15:47
(Sharecast News) - Secure cloud service provider Iomart said in an update on Thursday that, despite a challenging economic environment, it expected to deliver a robust set of full-year results for the 12 months ended 31 March.
Read moreBroker tips: Kingfisher, Darktrace, Marks & Spencer
11th Apr 2024 14:29
(Sharecast News) - HSBC upgraded B&Q and Castorama owner Kingfisher to 'buy' from 'hold' and lifted its price target on the stock to 305.0p from 235.0p.
Read moreDirector dealings: Personal Group CFO makes share sale
11th Apr 2024 14:29
(Sharecast News) - Personal Group revealed on Thursday that chief financial officer Sarah Mace had disposed of 3,410 ordinary shares in the AIM-listed workforce benefits and services provider.
Read moreFTSE 250 movers: Darktrace surges on guidance; travel stocks hit
11th Apr 2024 14:28
(Sharecast News) - London's FTSE 250 was down 0.2% at 19,772.85 in afternoon trade on Thursday.
Read moreFTSE 100 movers: AstraZeneca rallies; travel shares under pressure
11th Apr 2024 14:25
(Sharecast News) - London's FTSE 100 was down 0.2% at 7,949.25 in afternoon trade on Thursday.
Read moreUS open: Stocks mixed following cooler-than-expected PPI reading
11th Apr 2024 14:25
(Sharecast News) - Wall Street trading got off to a mixed start on Thursday following the release of yet another key inflation report.
Read moreProducer prices rise by slightly less than anticipated in March
11th Apr 2024 13:52
(Sharecast News) - Wholesale prices rose by a tad less than anticipated last month amid a decline in energy costs.
Read moreUS jobless claims decline by more than expected
11th Apr 2024 13:43
(Sharecast News) - America's labour market remained tight during the latest week.
Read moreUS initial jobless claims drop to 211,000
11th Apr 2024 12:28
(Sharecast News) - Initial jobless claims decreased in the week ended 6 April, according to the Labor Department, dropping to 211,000 from 222,000 in the previous week, for the lowest reading in a month, and below market expectations for a print of 215,000.
Read moreECB stands pat, but says June projections may justify cuts
11th Apr 2024 12:01
(Sharecast News) - Rate-setters in Frankfurt stood pat on rates on Thursday, but said that it would be correct to lower interest rates if its next set of projections, in June, increased their confidence that inflation was headed lower.
Read moreFriday preview: Chinese foreign trade data, US consumer confidence in focus
11th Apr 2024 11:41
(Sharecast News) - Investors' focus at the end of the week will shift towards Asia-Pacific.
Read morePublicis shares rise as Q1 growth beats forecasts
11th Apr 2024 11:39
(Sharecast News) - French advertising and PR giant Publicis Groupe has hailed a "very strong start" to 2024 after delivering revenue growth ahead of forecasts.
Read morePetroTal production meets guidance in first quarter
11th Apr 2024 11:14
(Sharecast News) - PetroTal said in an update on Thursday that its average production in the first quarter was 18,518 barrels of oil per day, consistent with its guidance.
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