News Archive

Friday newspaper round-up: Boeing, Amazon, Harland & Wolff

1st Nov 2024 07:28

(Sharecast News) - Striking Boeing workers will vote on an improved contract offer on Monday, which includes a 38% pay rise over four years and a bigger signing bonus, their union said on Thursday. More than 30,000 factory workers who produce Boeing's strongest-selling 737 Max commercial jet and other planes have been on strike since 13 September and have rejected two earlier offers from Boeing. - Guardian

Read more

Berenberg starts Morgan Sindall at 'buy'

1st Nov 2024 07:23

(Sharecast News) - Berenberg started coverage of Morgan Sindall on Friday with a 'buy' rating and 4,500p price target.

Read more

Chinese manufacturing returns to growth as optimism improves, says Caixin

1st Nov 2024 07:22

(Sharecast News) - A private survey of China's manufacturing sector pointed to further signs of a recovery in October, with the Caixin purchasing managers' index (PMI) returning to positive territory.

Read more

CMC Markets enters partnership with New Zealand's ASB

1st Nov 2024 07:17

(Sharecast News) - CMC Markets announced a strategic partnership with New Zealand bank ASB on Friday, marking a significant expansion into the Australia-New Zealand region.

Read more

US close: Stocks sharply lower following tech earnings, PCE reading

31st Oct 2024 21:47

(Sharecast News) - Wall Street stocks closed sharply lower on Thursday as market participants were again zeroed in on Q3 earnings and a number of key data points.

Read more

Merck tops Q3 earnings forecasts despite slower Gardasil demand

31st Oct 2024 17:25

(Sharecast News) - Pharmaceuticals firm Merck reported a solid third quarter on Thursday, with revenue up 4% year-over-year to $16.7bn, driven by robust sales of its cancer drug Keytruda, although muted demand for the Gardasil HPV vaccine remained a challenge.

Read more

Europe close: Stocks hit 11-week low as global earnings underwhelm

31st Oct 2024 16:28

(Sharecast News) - European stocks dropped sharply for the third straight day on Thursday, with rising bond yields and a barrage of disappointing earnings from the likes of BNP Paribas, Smith & Nephew and AB InBev weighing heavily on risk appetite.

Read more

London close: Stocks down on corporate earnings, Budget fallout

31st Oct 2024 15:59

(Sharecast News) - London stocks ended Thursday in negative territory, weighed down by corporate earnings releases and the market's response to the new Labour government's budget unveiled on Wednesday.

Read more

Broker tips: Nexteq, Lloyds

31st Oct 2024 15:25

(Sharecast News) - Analysts at Canaccord Genuity lowered their target price on business-to-business technology firm Nexteq from 200.0p to 110.0p on Friday, citing short-term headwinds.

Read more

Canaccord Genuity lowers target price on Nexteq

31st Oct 2024 15:17

(Sharecast News) - Analysts at Canaccord Genuity lowered their target price on business-to-business technology firm Nexteq from 200.0p to 110.0p on Friday, citing short-term headwinds.

Read more

Director dealings: Bioventix CFO raises stake

31st Oct 2024 15:15

(Sharecast News) - Bioventix revealed on Thursday that chief financial officer Bruce Hiscock had acquired 333 ordinary shares in the London-listed antibodies development and supply company.

Read more

FTSE 250 movers: Kainos, housing stocks lead the decline

31st Oct 2024 14:58

(Sharecast News) - London's second-tier index was falling sharply on Thursday afternoon, with heavy falls from Kainos and the housing sector providing a big drag.

Read more

International Paper posts strong quarter, reviews GCF business

31st Oct 2024 14:44

(Sharecast News) - International Paper posted strong third-quarter results on Thursday, reporting adjusted earnings of 44 cents per share, surpassing the Zacks consensus estimate of 24 cents by 83%.

Read more

FTSE 100 movers: DS Smith surges; S&N in the red

31st Oct 2024 14:41

(Sharecast News) - London's FTSE 100 was down 0.9% at 8,086.59 in afternoon trade on Thursday.

Read more

US open: Stocks lower following Q3 earnings, PCE data

31st Oct 2024 14:40

(Sharecast News) - Wall Street stocks were firmly in the red early on Thursday as market participants were again zeroed in on Q3 earnings and a number of key data points.

Read more