News Archive

London midday: FTSE stays down ahead of payrolls

5th Apr 2024 10:36

(Sharecast News) - London stocks were still firmly in the red by midday on Friday as sentiment was hit by hawkish comments from Federal Reserve officials and escalating tensions in the Middle East.

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Europe midday: Sell-off continues as focus turns to oil prices, US jobs

5th Apr 2024 10:25

(Sharecast News) - A continued rise in oil prices and jitters about the Federal Reserve's short-term path for monetary policy caused a sell-off across European markets on Friday, pushing the Stoxx 600 index to a two-week low.

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Body Shop administrators plotting CVA - report

5th Apr 2024 10:02

(Sharecast News) - Administrators to The Body Shop are reportedly drawing up plans to launch a further restructuring process in a bid to salvage a future for the well-known high street brand.

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US pre-open: Futures cautiously higher ahead of NFP report

5th Apr 2024 09:45

(Sharecast News) - Wall Street futures were in the green ahead of the bell on Friday as market participants awaited the release of this month's all-important non-farm payrolls report.

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Asia report: Stocks fall across region on interest rate concerns

5th Apr 2024 09:40

(Sharecast News) - Asia-Pacific markets saw a downturn on Friday, largely influenced by apprehensions spurred by comments from US Federal Reserve officials overnight, hinting at a possible delay in interest rate cuts.

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Berenberg slightly raises target price on The Gym Group

5th Apr 2024 09:13

(Sharecast News) - Analysts at Berenberg slightly raised their target price on The Gym Group from 115.0p to 121.0p on Friday, stating the firm's new growth plan could very well deliver gains.

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UK construction sector returns to growth in March

5th Apr 2024 08:54

(Sharecast News) - The UK construction sector returned to growth in March, according to a survey released on Friday.

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German factory orders rise 0.2% in February

5th Apr 2024 08:46

(Sharecast News) - German factory orders rose by 0.2% month-on-month in February, according to the Federal Statistical Office, missing estimates for a 0.8% jump but recovering from January's revised 11.4% tumble - the steepest fall since April 2020.

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Eurozone retail sales fell more than expected in February

5th Apr 2024 08:43

(Sharecast News) - Retail sales in the eurozone fell by more than expected in February, according to figures released on Friday by Eurostat.

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Ceva offer for Wincanton lapses as board goes for GXO bid

5th Apr 2024 08:32

(Sharecast News) - Wincanton confirmed on Friday morning that Ceva Bidco's increased and final bid to acquire Wincanton had lapsed.

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Europe open: Stoxx 600 down 1% as jitters set in ahead of US jobs report

5th Apr 2024 08:11

(Sharecast News) - European stocks dropped sharply on Friday morning as after a sell-off on Wall Street the previous session, with investors showing concern about the likelihood of interest-rate cuts from the Federal Reserve.

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Eurozone construction PMI drops to 42.4 in March

5th Apr 2024 08:02

(Sharecast News) - Hamburg Commercial Bank's Eurozone construction purchasing managers index dropped to 42.4 in March, down from a reading of 42.9 in February.

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London open: Stocks slump on hawkish Fed comments; payrolls eyed

5th Apr 2024 07:57

(Sharecast News) - London stocks fell sharply in early trade on Friday, taking their cue from heavy losses on Wall Street, following hawkish comments from Federal Reserve officials

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Experian to buy illion for up to AUD820m

5th Apr 2024 07:57

(Sharecast News) - Credit data firm Experian has agreed to buy Illion, one of the leading consumer and commercial credit bureaus in Australia and New Zealand, for up to AUD820m (£427.2m).

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OSB Group appoints Victoria Hyde as CFO

5th Apr 2024 07:48

(Sharecast News) - OSB Group said on Friday that it has appointed Victoria Hyde as its new chief financial officer and executive director with effect from 10 May.

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