News Archive

Retail sales growth disappoints in October

4th Nov 2024 07:22

(Sharecast News) - UK retail sales saw a modest increase in October, rising by 0.6% year-on-year, according to fresh data from the British Retail Consortium and KPMG on Tuesday.

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Chemring wins major contracts worth £278m

4th Nov 2024 07:19

(Sharecast News) - Chemring Group announced two major contract wins valued at a combined £278m on Monday, through its subsidiaries Chemring Nobel in Norway and Chemring Energetic Devices (CED) in the United States.

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Anglo sells off stake in Australian coal unit for £0.8bn

4th Nov 2024 07:04

(Sharecast News) - Anglo American has announced the A$1.6bn (£0.8bn) sale of a stake in the Jellinbah joint venture in Australia as part of its strategy to exit the steelmaking coal industry.

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US close: Stocks gain on weak jobs report, strong earnings

1st Nov 2024 21:41

(Sharecast News) - US stocks rebounded on Friday while bond yields surged as a much lower-than-expected jobs report made life easier for the Federal Reserve to ease monetary policy next week.

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FCA intends to take action against Crispin Odey

1st Nov 2024 16:35

(Sharecast News) - UK financial watchdog the Financial Conduct Authority warned Odey Asset Management founder Crispin Odey on Friday that it intends to take action against the disgraced hedge fund boss.

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Apple to expand iPhone satellite capability with £1.5bn commitment

1st Nov 2024 15:52

(Sharecast News) - Apple strengthened its partnership with satellite communications firm Globalstar, it was reported on Friday, by committing around $1.5bn to expand iPhone satellite services, according to a recent securities filing.

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Ryanair could cut UK flights by up to 10% after APD increase

1st Nov 2024 15:31

(Sharecast News) - Ryanair said on Friday that it could cut up to 10% of its scheduled flights to and from UK airports next year, as it criticised the government's decision to increase the tax on airline tickets in the Budget.

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London close: Stocks higher as US jobs report underwhelms

1st Nov 2024 15:08

(Sharecast News) - London stocks closed higher on Friday, as investors digested an unexpectedly low US payrolls figure, as well as a range of UK economic releases.

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Kodal agrees transfer of Bougouni licence with Mali government

1st Nov 2024 15:05

(Sharecast News) - Kodal Minerals announced on Friday that it has reached an agreement with the government of Mali for the transfer of the Bougouni Lithium Project's mining licence to its Malian subsidiary, Les Mines de Lithium de Bougouni (LMLB).

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Broker tips: Warpaint, Schroders, Braemar, Morgan Sindall

1st Nov 2024 14:51

(Sharecast News) - RBC Capital Markets initiated coverage of Warpaint on Friday with an 'outperform' rating and 685.0p price target.

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Director dealings: Dunelm CFO raises stake

1st Nov 2024 14:46

(Sharecast News) - Dunelm revealed on Friday that chief financial officer Karen Witts had acquired 8,375 ordinary shares in the FTSE 250-listed retailer.

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FTSE 250 movers: TBC Bank, Close Brothers recover

1st Nov 2024 13:55

(Sharecast News) - London's FTSE 250 was 0.5% higher in afternoon on Friday at 20,492.06.

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FTSE 100 movers: Reckitt surges on infant formula win, Schroders lifted by upgrade

1st Nov 2024 13:52

(Sharecast News) - London's FTSE 100 was up 1% at 8,189.25 in afternoon trade on Friday.

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US open: Stocks sharply higher following NFP reading

1st Nov 2024 13:43

(Sharecast News) - Wall Street stocks were sharply higher at the bell on Friday as traders digested last month's all-important jobs report.

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Hummingbird reports progress with financial restructuring

1st Nov 2024 13:33

(Sharecast News) - Hummingbird Resources updated the market on its financial restructuring efforts with primary lenders Coris and CIG on Friday, along with its largest shareholder Nioko Resources Corporation.

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