News Archive

US pre-open: Profit taking set to continue as data pulls focus

2nd Apr 2024 10:47

(Sharecast News) - US stock futures were pointing to a weak start on Wall Street on Tuesday as investors continued to treat cautiously in light of recent resilient data ahead of another busy few days for economic indicators.

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UK factory activity expands in March for the first time since mid-2022

2nd Apr 2024 10:03

(Sharecast News) - Factory sector activity expanded last month for the first time since July 2022, according to the results of a closely followed survey.

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UBS to launch new $2bn buyback

2nd Apr 2024 09:40

(Sharecast News) - Swiss banking giant UBS on Tuesday announced plans to launch a new $2bn share buyback programme following the completion of its merger with Credit Suisse.

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EZ manufacturing still in doldrums after March PMI fall

2nd Apr 2024 09:35

(Sharecast News) - Eurozone manufacturing activity fell last month compared with February as demand across the single-currency block continued to fall, according to a survey published on Tuesday.

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Asia report: Hong Kong leads gains on mixed day for region

2nd Apr 2024 09:00

(Sharecast News) - Asia-Pacific stock markets experienced varied results on Tuesday, with Hong Kong's stocks outperforming amidst a day of general uncertainty.

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Renew Holdings trades as expected in first half

2nd Apr 2024 09:00

(Sharecast News) - Engineering services provider Renew Holdings said in an update on Tuesday that its first half trading performance matched management's projections, with robust demand across all its primary markets.

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ShoreCap upgrades Frontier Developments to 'buy'

2nd Apr 2024 08:36

(Sharecast News) - Analysts at ShoreCap upgraded their recommendation for shares of Frontier Developments from 'hold' to 'buy', citing the shares' valuation and progress on its shift back to its core strength.

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Europe open: Shares up after Easter break; Eyes on EZ data

2nd Apr 2024 08:21

(Sharecast News) - European shares returned to action from the Easter break and were higher in early deals at the open.

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London open: Mining and oil stocks lift FTSE early

2nd Apr 2024 08:03

(Sharecast News) - UK stocks put in decent gains on Tuesday morning, starting the second quarter off strongly on the back of a good performance from the mining and oil sectors early on.

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Renewi shares rise on new Dutch facility opening

2nd Apr 2024 07:54

(Sharecast News) - Shares in Renewi rose strongly on Tuesday after the FTSE 250-listed recycling firm announced the opening of a new hard plastics sorting facility in The Netherlands which it said will help deliver on its sustainable organic growth objectives.

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UK house prices dip unexpectedly in March, Nationwide says

2nd Apr 2024 07:36

(Sharecast News) - House price inflation in the U.K. ebbed unexpectedly last month, the results of a closely followed survey revealed.

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Wednesday preview: Fed's Powell, US services PMI in focus

2nd Apr 2024 07:34

(Sharecast News) - Investors' focus in the middle of the week will be on Fedspeak, not least a speech by U.S. central bank governor Jerome Powell.

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London pre-open: Small gains expected early on

2nd Apr 2024 07:31

(Sharecast News) - UK stocks are expected to start the second quarter in positive territory, with the FTSE 100 called to open around the 8,000 mark on Tuesday.

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Bank of Georgia gets green light for Ameriabank acquisition

2nd Apr 2024 07:23

(Sharecast News) - Bank of Georgia announced a milestone in its expansion plans involving the acquisition of Ameriabank on Tuesday.

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RHI Magnesita buys US group Resco for $430m

2nd Apr 2024 07:16

(Sharecast News) - RHI Magnesita said it was buying Resco Group, a US-based producer of alumina monolithics and refractories, for up to $430m.

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