News Archive
London pre-open: Stocks seen lower on US rate cut worries
3rd Apr 2024 07:31
(Sharecast News) - London stocks were set to fall at the open on Wednesday following a downbeat close on Wall Street, as doubts over US interest rate cuts grew following solid economic data.
Read moreWizz Air passenger numbers grow further in March
3rd Apr 2024 07:23
(Sharecast News) - Low-cost airline Wizz Air said in an update on Wednesday that it transported 4,778,980 passengers in March, marking a 12% increase compared to the same period last year.
Read moreWednesday newspaper round-up: Thames Water, Shell, Nationwide
3rd Apr 2024 07:20
(Sharecast News) - A bond issued by Thames Water's parent company has fallen to record lows as the embattled company scrambles to secure its future, and the government signalled it is "ready to step in if necessary". The £400m bond, issued by the water supplier's parent company, Kemble, has slumped to only 14.4p after shareholders indicated that they were unwilling to inject further funds into the heavily indebted utility company. - Guardian
Read morePeel Hunt flags full-year loss amid challenging market
3rd Apr 2024 07:16
(Sharecast News) - Peel Hunt said in an update on Wednesday that it expected revenue for the financial year just ended to align closely with market projections, reaching about £85.5m - a notable uptick of around 4% compared to £82.3m in the 2023 period.
Read moreChina's Caixin services PMI ticks up as expected in March
3rd Apr 2024 07:15
(Sharecast News) - Activity in China's services sector grew as expected in March, according to figures released on Wednesday.
Read moreHilton Foods sees profits jump 20% on seafood performance
3rd Apr 2024 07:12
(Sharecast News) - Meat, seafood and meat alternatives group Hilton Foods saw profits rise by a fifth in 2023 despite modest top-line growth. helped by the turnaround in its seafood business.
Read moreEurope close: Stocks slip at the start of Q2
2nd Apr 2024 23:23
(Sharecast News) - European shares finished the first session following the Easter break lower on the back of weaker eurozone manufacturing survey data for March.
Read moreSector movers: Builders and REITS slip, geopolitics boost Big Oil and gold miners
2nd Apr 2024 23:07
(Sharecast News) - Personal Goods was at the bottom of the pile on the FTSE 350 at the start of the second quarter, as fashion retailer Burberry Group's shares fell back towards their five-year lows.
Read moreUS close: Stocks slip on first day of second quarter
2nd Apr 2024 22:37
(Sharecast News) - Wall Street closed in the red on the first trading day of the second quarter on Tuesday, as some robust economic data sparked speculation about potential delays in anticipated Federal Reserve rate cuts.
Read moreDirectors dealings: United Utilities director picks up some shares
2nd Apr 2024 16:51
(Sharecast News) - United Utilities non-executive director Michael Lewis and his spouse bought a large amount of shares in the water group just before the Easter break.
Read moreUS open: Stocks start Q2 on back foot, data and geopolitics weigh
2nd Apr 2024 16:44
(Sharecast News) - Shares on Wall Street were trading on the back foot on their first trading day of the second quarter in response to solid economic data that had some observers musing out loud that the Fed might postpone its anticipated rate cuts.
Read moreRoyal Mail appoints Heathrow executive as new CEO
2nd Apr 2024 15:47
(Sharecast News) - Royal Mail has appointed a senior executive from Heathrow to become its next boss as parent company International Distribution Services looks to turn its fortunes around.
Read moreLondon close: Stocks turn red on return from Easter break
2nd Apr 2024 15:22
(Sharecast News) - UK stocks experienced a downturn by the end of trading on Tuesday, as investors resumed activity following the extended weekend, with initial gains reversed by the close ahead of a week marked by a number of key economic data releases.
Read moreNaked Wines confirms start-of-year management changes
2nd Apr 2024 15:16
(Sharecast News) - Naked Wines confirmed the appointment of Rodrigo Maza as group chief executive officer on Tuesday, as it entered its 2025 financial year.
Read moreMTI Wireless Edge secures $1.2m antenna order
2nd Apr 2024 15:13
(Sharecast News) - Communications and radiofrequency technology specialist MTI Wireless Edge announced on Tuesday that its antenna division had secured a significant repeat order for the production of military antennas.
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