News Archive

London pre-open: Stocks seen higher ahead of US inflation

10th Apr 2024 07:34

(Sharecast News) - London stocks were set to rise at the open on Wednesday as investors eyed the latest US inflation reading.

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Capita extends contract with European telecoms company

10th Apr 2024 07:28

(Sharecast News) - Capita said on Wednesday that it has extended its customer experience contract with a "leading" European integrated telecoms company for two years from January 2024, with an option to extend for a further two years.

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Direct Line replaces CFO with another Aviva exec

10th Apr 2024 07:27

(Sharecast News) - Motor insurance group Direct Line has poached the head of finance from Aviva's general insurance unit to be its new chief financial officer, replacing its CFO of three years just weeks after a failed takeover offer from Ageas.

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Energean completes farm-of Morocco licences with Chariot

10th Apr 2024 07:21

(Sharecast News) - Energean announced on Wednesday that it has finalised its farm-in to Chariot's offshore acreage in Morocco, after obtaining all the necessary approvals from the Moroccan authorities.

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Wednesday newspaper round-up: Shoplifting, EnQuest, Klarna

10th Apr 2024 07:20

(Sharecast News) - The government is investing more than £55m in expanding facial recognition systems - including vans that will scan crowded high streets - as part of a renewed crackdown on shoplifting. The scheme was announced alongside plans for tougher punishments for serial or abusive shoplifters in England and Wales, including being forced to wear a tag to ensure they do not revisit the scene of their crime, under a new standalone criminal offence of assaulting a retail worker. - Guardian

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Vistry inks deal to build 1,000 homes in the Midlands

10th Apr 2024 07:15

(Sharecast News) - Affordable homes developer Vistry has signed two new deals with Homes England to deliver 1,000 mixed-tenure homes in the Midlands.

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IQE confident in recovery as it expands AWSC partnership

10th Apr 2024 07:15

(Sharecast News) - Semiconductor wafer and advanced material specialist IQE announced its results for the year ended 31 December on Wednesday, alongside announcing an expansion of its partnership with Advanced Wireless Semiconductor Company (AWSC).

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Tesco sees annual sales and profits jump

10th Apr 2024 07:02

(Sharecast News) - Tesco struck a confident tone for the current financial year on Wednesday, after reporting a jump in both annual profits and volumes.

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US close: Stocks erase earlier losses, end mixed ahead of CPI

9th Apr 2024 20:27

(Sharecast News) - US stocks finished in mixed fashion on Tuesday with investors choosing to keep their powder dry ahead of Wednesday's consumer-price index release and a key publication from the Federal Reserve.

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Europe close: Markets fall ahead of US data, but mining stocks jump

9th Apr 2024 16:14

(Sharecast News) - European stocks were a sea of red on Tuesday as investors showed their nerves ahead of a key inflation report and details of the latest central bank meeting in the US the following day.

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Broker tips: Halma, Asos, Johnson Matthey

9th Apr 2024 15:48

(Sharecast News) - Barclays upgraded Halma to 'overweight' from 'equalweight' on Tuesday and lifted its price target on the stock to 2,650.0p from 2,425.0p.

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Director dealings: Literacy Capital director makes share purchase

9th Apr 2024 15:42

(Sharecast News) - Literacy Capital revealed on Tuesday that director Christopher Sellers had acquired 17,500 ordinary shares in the London-listed investment company.

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London close: Stocks slip ahead of ECB, US inflation print

9th Apr 2024 15:12

(Sharecast News) - London markets closed lower on Tuesday, as investors braced for a key US inflation reading as well as a policy announcement from the European Central Bank later in the week.

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HSBC's Argentina exit doesn't impact valuation, Shore Capital says 'buy'

9th Apr 2024 15:12

(Sharecast News) - Shore Capital has said that HSBC's disposal of its Argentinian business should not have a material impact on its investment case despite it generating a $1bn hit to the business.

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US open: Stocks mixed as investors look ahead to CPI reading

9th Apr 2024 15:10

(Sharecast News) - Wall Street trading got off to a mixed start on Tuesday as market participants continued to wait for the release of March's all-important inflation data tomorrow.

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