News Archive

Imperial Brands on track to meet full-year expectations

9th Apr 2024 07:23

(Sharecast News) - Tobacco giant Imperial Brands said in a trading update on Tuesday that it remained on track to achieve its financial objectives while balancing share performance and implementing its strategic transformation plan.

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Unite Group reiterates rental guidance after solid Q1

9th Apr 2024 07:15

(Sharecast News) - Student accommodation manager and developer Unite has said it is still confident in hitting rental growth targets for the next academic year while property values held more or less stable in the first quarter.

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HSBC to take $1bn hit from Argentina unit sale

9th Apr 2024 07:05

(Sharecast News) - HSBC Holdings on Tuesday said it was selling its Argentina business to Grupo Financiero Galicia for $550m and take a $1bn pre-tax loss in the process as it continued to pivot its operations towards Asia.

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US close: Stocks mixed as traders await inflation data, Q1 earnings

8th Apr 2024 22:08

(Sharecast News) - Wall Street stocks were little changed at the close of trading on Monday as major indices stalled ahead of key inflation data and first-quarter corporate earnings later in the week.

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Europe close: Stocks play catch up with Wall Street

8th Apr 2024 18:09

(Sharecast News) - European shares rallied on Monday as investors awaited the start of the latest earnings season, playing catch up with the gains seen on Wall Street at the end of the previous week.

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London close: Stocks rise at start of busy week

8th Apr 2024 16:52

(Sharecast News) - London markets closed with gains on Monday as investors exercised caution ahead of key events later in the week.

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Tuesday preview: US business confidence, ECB lending survey in focus

8th Apr 2024 16:34

(Sharecast News) - The corporate and economic calendar for Tuesday is sparse as investors wait for the release of key consumer price data in the States during the following session.

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Ducommun gets $60 a share takeover offer from Albion River

8th Apr 2024 15:29

(Sharecast News) - US aerospace and defence supplier Ducommun said on Monday that it had received an unsolicited non-binding indication of takeover interest from private direct investment firm Albion River at $60.00 per share in cash.

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Broker tips: Wood Group, IWG

8th Apr 2024 15:12

(Sharecast News) - Wood Group is "on the right track" with its turnaround, according to Berenberg but the broker still cut its target price for shares of the energy and materials engineering and consulting business following the group's recent results.

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Director dealings: Primary Health Properties CEO makes share purchase

8th Apr 2024 15:12

(Sharecast News) - Primary Health Properties revealed on Monday that chief executive officer Harry Hyman had acquired 74,890 ordinary shares in the FTSE 250-listed real estate investment trust.

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FTSE 250 movers: Miners, Aston Martin in favour

8th Apr 2024 14:14

(Sharecast News) - FTSE 250 (MCX) 19,870.59 0.73%

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US open: Stocks higher as investors await inflation data, Q1 earnings

8th Apr 2024 14:13

(Sharecast News) - Wall Street stocks were in the green early on Monday as stocks look to reclaim some of last week's losses ahead of key inflation data and first-quarter corporate earnings later in the week.

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Ted Baker to close 15 stores, axe 245 jobs

8th Apr 2024 14:06

(Sharecast News) - Ted Baker is set to close 15 stores and axe around 245 jobs, it emerged on Monday.

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FTSE 100 movers: Entain rallies; retailers in the red

8th Apr 2024 13:55

(Sharecast News) - London's FTSE 100 was up 0.3% at 7,933.38 in afternoon trade on Monday.

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Caledonia Mining appoints new operations chief

8th Apr 2024 13:41

(Sharecast News) - Caledonia Mining announced the appointment of James Mufara as its chief operating officer on Monday, effective 1 May.

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