News Archive
Strong US consumer spending prompts upward revision to Q4 GDP
28th Mar 2024 14:18
(Sharecast News) - Revisions to fourth-quarter GDP figures showed that the US economy grew at a faster-than-expected rate at the end of 2023, according to data out on Thursday from the Bureau of Economic Analysis.
Read moreFTSE 100 movers: JD Sports surges; utilities in the red
28th Mar 2024 14:04
(Sharecast News) - London's FTSE 100 was up 0.5% at 7,974.56 in afternoon trade on Thursday.
Read moreEthernity reports positive discussions with potential customers
28th Mar 2024 13:27
(Sharecast News) - Networking processing semiconductor technology specialist Ethernity Networks said in an update on Thursday that, throughout the year to date, it had engaged positively with several potential new customers, including two OEM vendors.
Read moreUS open: Stocks inch higher as economic data beats forecasts
28th Mar 2024 13:15
(Sharecast News) - US stock markets opened slightly higher on Thursday morning, but gains were modest as the S&P 500 continues to trade at record highs ahead of the long weekend.
Read moreUS open: Stocks inch higher as economic data beats forecasts
28th Mar 2024 13:15
(Sharecast News) - US stock markets opened slightly higher on Thursday morning, but gains were modest as the S&P 500 continues to trade at record highs ahead of the long weekend.
Read moreHutchmed cancer treatment indication accepted for review in China
28th Mar 2024 13:02
(Sharecast News) - Hutchmed China announced a significant milestone in its cancer treatment work on Thursday, with the supplemental new drug application (sNDA) for savolitinib had been accepted for review by the China National Medical Products Administration (NMPA).
Read moreKitwave buys Total Foodservice in £21m deal
28th Mar 2024 12:56
(Sharecast News) - Wholesaler Kitwave announced the acquisition of Total Foodservice Solutions on Wednesday, an independent food wholesaler operating in the North of England.
Read moreIdox trading as expected in year-to-date
28th Mar 2024 12:51
(Sharecast News) - Information management and geospatial software specialist Idox said in a trading update on Thursday that its operational and financial performance had remained in line with the board's expectations in the financial year to date, instilling confidence in its outlook.
Read moreWeek ahead: U:S. nonfarm payrolls, Global PMIs in the spotlight
28th Mar 2024 12:47
(Sharecast News) - All eyes over the coming week would be on the U.S. non-farm payrolls report for March.
Read moreJames Latham revenue still in line with forecasts
28th Mar 2024 12:43
(Sharecast News) - James Latham said in a trading update on Thursday that fiscal year revenue had remained in line with market forecasts, with stable cost prices seen for both timber and panels.
Read moreConsumers confident in March that inflation will soften, U. Michigan says
28th Mar 2024 12:31
(Sharecast News) - Consumer confidence in the U.S. improved slightly in March amid lessened concern about inflation, the results of a closely-followed survey revealed.
Read moreUS jobless claims little changed during latest week
28th Mar 2024 12:31
(Sharecast News) - The U.S. jobs market remained tight during the preceding week.
Read moreEurope midday: Shares hold gains despite German retail sales slump
28th Mar 2024 11:49
(Sharecast News) - European shares were on Thursday ahead of the Easter break as investors mulled UK GDP data confirming the economy entered recession last year and a handful of corporate updates.
Read morePantheon Resources reports planning and funding progress
28th Mar 2024 11:44
(Sharecast News) - Pantheon Resources reported progress in its development planning and funding initiatives in an update on Thursday.
Read moreWalgreens Boots Alliance grows Q2 sales but cuts profit target
28th Mar 2024 11:20
(Sharecast News) - Shares in American retail pharmacy chain Walgreens Boots Alliance rose on Thursday despite the company cutting its annual targets due to challenging conditions in the US, as sales in its second quarter came in ahead of expectations.
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