News Archive
Manufacturers optimistic despite slide in output - CBI
22nd Mar 2024 12:11
(Sharecast News) - British manufacturers expect conditions to pick up in the coming months, a closely-watched survey showed on Friday, despite reporting another slide in output volumes.
Read moreBillington order book at record high with six new contracts
22nd Mar 2024 11:57
(Sharecast News) - Structural steel and construction safety specialist Billington announced the acquisition of six significant contracts on Friday, with a cumulative value of £90m.
Read moreEurope midday: Shares flat after dovish rate talk sparks rally
22nd Mar 2024 11:31
(Sharecast News) - European stocks were flat on Friday, as traders and investors digested a raft of interest rate decisions and dovish comments from policy makers which drove new record highs for the benchmark Stoxx index.
Read moreTesla cuts production at China plant - report
22nd Mar 2024 11:27
(Sharecast News) - Tesla has reportedly cut production at its plant in China amid sluggish growth in electric vehicle sales and intense competition in the world's biggest auto market.
Read moreUS pre-open: Stocks seen muted after record gains
22nd Mar 2024 11:22
(Sharecast News) - US stocks looked set for a muted open on Friday following record highs a day earlier as rate-cut hopes buoyed sentiment.
Read moreLondon midday: Stocks push higher after dovish Bailey, retail sales
22nd Mar 2024 11:02
(Sharecast News) - London stocks had pushed higher by midday on Friday as investors mulled better-than-expected retail sales data and dovish remarks by Bank of England governor Andrew Bailey.
Read moreSantander on track to return €6bn to shareholders
22nd Mar 2024 10:53
(Sharecast News) - Spain's Banco Santander said on Friday it was on track to return more than €6bn to shareholders in 2024, following a strong start to the year.
Read moreFedEx shares hit three-year high after Q3 beat, $5bn buyback plan
22nd Mar 2024 10:24
(Sharecast News) - FedEx shares were soaring in pre-market trade on Friday after the delivery and logistics giant lifted its 2024 guidance and unveiled plans to buy back $5bn of shares following a better-than-expected third quarter.
Read moreBahrain's Mumtalakat fund takes control of McLaren - report
22nd Mar 2024 09:50
(Sharecast News) - The sovereign wealth fund of Bahrain has taken full ownership of supercar manufacturer McLaren, according to Sky News.
Read moreExpectations for a rate cut this year 'not unreasonable' - Bailey
22nd Mar 2024 09:26
(Sharecast News) - Expectations of interest rate cuts this year are "not unreasonable", the governor of the Bank of England has said.
Read moreAsia report: Japan markets rise on mixed day for region
22nd Mar 2024 09:21
(Sharecast News) - Stocks in the Asia-Pacific region closed on a mixed note on Friday, as Japan's Nikkei 225 briefly surged past the 41,000 mark before giving up some gains by the close.
Read moreRBC Capital downgrades St James's Place, slashes price target
22nd Mar 2024 09:21
(Sharecast News) - RBC Capital Markets downgraded St James's Place on Friday to 'sector perform' from 'outperform' and slashed the price target to 500p from 900p.
Read moreAston Martin Lagonda appoints Bentley's Adrian Hallmark as CEO
22nd Mar 2024 09:04
(Sharecast News) - Aston Martin Lagonda on Friday announced Bentley Motors boss Adrian Hallmark would join the luxury car maker as chief executive officer by October this year.
Read moreComputacenter chair to step down after five years
22nd Mar 2024 09:00
(Sharecast News) - Computacenter's chair of five years Peter Ryan has announced his intention to step down from the head of the board, the tech services company said on Friday.
Read moreBerenberg downgrades Redrow on limited upside
22nd Mar 2024 09:00
(Sharecast News) - Berenberg has cut its rating for housebuilder Redrow from 'buy' to 'hold' following the company's announced merger with Barratt Developments.
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