News Archive
Weekly initial US jobless claims dip unexpectedly
14th Mar 2024 12:29
(Sharecast News) - Unemployment claims in the U.S. being filed for the first time dipped unexpectedly during the preceding week.
Read moreRestore swings to statutory loss amid market challenges
14th Mar 2024 12:24
(Sharecast News) - Digital information and document management specialist Restore reported a 1% fall in full-year revenue on Thursday, to £277.1m, while facing a more substantial 15% drop in adjusted operating profit to £44.3m.
Read moreFW Thorpe revenue, profits rise marginally
14th Mar 2024 12:16
(Sharecast News) - Professional lighting specialist FW Thorpe reported first-half revenue of £82.6m on Thursday, making for a modest increase of 1% from the prior period.
Read moreEurope midday: Shares up ahead of US data; Grifols slumps on S&P downgrade
14th Mar 2024 11:57
(Sharecast News) - European shares extended gains on Thursday as investors awaited inflation data from the US for a guide on the future path of interest rate cuts.
Read moreAgeas facing opposition from top shareholder over Direct Line pursuit - report
14th Mar 2024 11:55
(Sharecast News) - Belgian insurer Ageas is reportedly facing opposition from one of its leading shareholders to a potential takeover of London-listed rival Direct Line.
Read moreDick's Sporting Goods cheers record quarter
14th Mar 2024 11:55
(Sharecast News) - Shares in Dick's Sporting Goods jumped on Thursday, after bumper holiday season trading beat expectations.
Read moreBurford Capital reports year of solid growth
14th Mar 2024 11:22
(Sharecast News) - Burford Capital reported significant gains and robust growth in its annual results on Thursday, with a record surge in realised gains of 40% to $186m.
Read moreAltria to sell down stake in AB InBev
14th Mar 2024 11:14
(Sharecast News) - Trading in Anheuser-Busch InBev was temporarily suspended on Thursday, after Marlboro maker Altria Group announced plans to sell down its stake in the brewing giant.
Read moreUS pre-open: Futures higher as investors shrug off hotter-than-expected PPI
14th Mar 2024 11:10
(Sharecast News) - Wall Street futures were in the green ahead of the bell on Thursday as investors seemingly shrugged off a hotter-than-expected wholesale inflation reading.
Read moreLondon midday: Stocks stay flat ahead of US PPI; housebuilders rally
14th Mar 2024 10:59
(Sharecast News) - London equity markets were still steady by midday on Thursday as a raft of stocks went ex-dividend, with all eyes on the release of the latest US inflation reading.
Read moreHapag-Lloyd warns on earnings, slashes dividend
14th Mar 2024 10:47
(Sharecast News) - Container giant Hapag-Lloyd on Thursday reported a slump in annual profits and cut its dividend as it warned of lower earnings this year due to attacks on commercial shipping in the Red Sea.
Read morePressure Technologies secures two 'major' contract wins
14th Mar 2024 10:45
(Sharecast News) - Engineering group Pressure Technologies said on Thursday that it has been awarded two major contracts, in the defence and green energy sectors.
Read moreFCA probe into motor finance won't be like PPI, regulator says
14th Mar 2024 10:36
(Sharecast News) - The head of the Financial Conduct Authority (FCA) has said it is "improbable we will find nothing" as it continues to investigate historical motor finance commission arrangements for potential misconduct, but that the impact on the financial sector will unlikely be as severe as the Payment Protection Insurance mis-selling scandal.
Read moreEneraqua Technologies FY pre-tax losses seen in line with consensus
14th Mar 2024 10:34
(Sharecast News) - Energy and water efficiency solutions provider Eneraqua Technologies said on Thursday that full-year revenues and pre-tax losses were seen in line with consensus forecasts.
Read moreGlobal oil markets to face supply deficit in 2024
14th Mar 2024 10:32
(Sharecast News) - Global oil markets will face a supply deficit in 2024, according to the International Energy Agency, instead of the surplus previously predicted as OPEC+ supply cuts were expected to continue into the second half.
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