News Archive
Nick Roberts to step down as Travis Perkins CEO
27th Mar 2024 07:24
(Sharecast News) - Travis Perkins announced on Wednesday that Nick Roberts, who has served as chief executive officer for five years, would be stepping down from his role and from the board.
Read moreWednesday newspaper round-up: AI, CBI, US government debt
27th Mar 2024 07:18
(Sharecast News) - Almost 8 million UK jobs could be lost to artificial intelligence in a "jobs apocalypse", according to a report warning that women, younger workers and those on lower wages are at most risk from automation. The Institute for Public Policy Research (IPPR) said that entry level, part-time and administrative jobs were most exposed to being replaced by AI under a "worst-case scenario" for the rollout of new technologies in the next three to five years. - Guardian
Read moreRBC Capital cuts Dr Martens target price
27th Mar 2024 07:13
(Sharecast News) - RBC Capital Markets cut its price target on Dr Martens on Wednesday to 85p from 100p as it lowered its estimates for FY24-26 earnings per share by 7% to 10%.
Read moreEZ consumer sentiment climbs to three-month high
27th Mar 2024 07:13
(Sharecast News) - Economic sentiment in the eurozone showed signs of improvement with a closely watched survey showing businesses were becoming more upbeat about future prospects.
Read moreDiploma buys US fastener maker Peerless for £236m
27th Mar 2024 07:10
(Sharecast News) - Diploma said it had bought Peerless Aerospace Fastener, a distributor of specialty fasteners into the US and European aerospace markets for £236m.
Read moreUS close: Stocks continue their retreat from record highs
26th Mar 2024 22:46
(Sharecast News) - A late dive sent US stock markets into the red on Tuesday, extending their recent losing streak into its third day, as investors continued to take profits following last week's record highs.
Read moreInternational Paper preparing counterbid for DS Smith - report
26th Mar 2024 17:26
(Sharecast News) - A bidding war was potentially on the cards on Tuesday as packaging company DS Smith - which recently agreed to be taken over by Mondi - confirmed it is in talks with New York-listed International Paper about a possible takeover offer.
Read moreLondon close: Stocks rise as US consumer confidence remains stable
26th Mar 2024 17:06
(Sharecast News) - London markets closed in positive territory on Tuesday, buoyed by a stable US consumer confidence report and anticipation for upcoming inflation data.
Read moreBC Omega Holdco to sell around 30m shares in TI Fluid Systems in placing
26th Mar 2024 16:52
(Sharecast News) - Peel Hunt said on Tuesday that BC Omega Holdco plans to sell around 30m shares in TI Fluid Systems in a placing to institutional investors.
Read moreEurope close: Gains modest but Stoxx 600 and DAX 40 finish at record highs
26th Mar 2024 16:27
(Sharecast News) - Europe's Stoxx 600 index finished at another record high on Tuesday despite only modest gains, with markets driven higher by strong gains on Germany's DAX 40.
Read moreFerrexpo shares fall on court restrictions for subsidiaries
26th Mar 2024 16:10
(Sharecast News) - Shares Ferrexpo fell on Tuesday after the iron ore pellet maker said a court had stopped the transfer of ownership and other share-related corporate rights of the company's Ukraine subsidiaries.
Read moreFTSE 250 movers: Petershill surges; Wood group slides
26th Mar 2024 15:10
(Sharecast News) - FTSE 250 (MCX) 19,740.97 0.65%
Read moreUS consumer confidence holds steady, but future outlook slips
26th Mar 2024 14:56
(Sharecast News) - Consumer confidence in the US held broadly steady in March, as improving perceptions about the current economic climate were offset by rising anxiety about future conditions.
Read moreUS house-price growth picks up to 14-month high
26th Mar 2024 14:40
(Sharecast News) - House-price growth in major US cities picked up slightly in January, accelerating to its fastest pace in 14 months, according to S&P/Case-Shiller data released on Tuesday.
Read moreNiox Group reports solid growth in final results
26th Mar 2024 14:33
(Sharecast News) - Niox Group reported a robust 18% increase in revenue in its final results on Tuesday, amounting to £36.8m compared to £31.3m in the prior year.
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