News Archive
Thursday newspaper round-up: Lloyds Banking Group, Microsoft, car finance crisis
31st Oct 2024 06:58
(Sharecast News) - The former cryptocurrency executive Nishad Singh, who once shared a $35m Bahamas penthouse with the FTX founder, Sam Bankman-Fried, was spared prison time by a judge on Wednesday for his role in the theft by his imprisoned former boss of about $8bn in customer funds from the now bankrupt exchange. The United States district judge Lewis Kaplan imposed the sentence during a hearing in Manhattan federal court. - Guardian
Read moreEurope close: Stocks end lower
31st Oct 2024 06:55
(Sharecast News) - European stocks ended lower in the next-to-last session until month's end, albeit off their worst levels.
Read moreUS close: Stocks lower following preliminary GDP reading
30th Oct 2024 22:23
(Sharecast News) - Wall Street stocks were in the red at the close of trading on Wednesday as market participants digested Q3 earnings and a preliminary Q3 GDP reading.
Read moreLondon close: Stocks mixed as Chancellor unveils tax hikes
30th Oct 2024 14:57
(Sharecast News) - London stocks saw mixed results on Wednesday as investors weighed the impact of the £40bn worth of tax rises announced by Rachel Reeves in her first Budget as Chancellor.
Read moreBroker tips: Bridgepoint, Elementis, IAG, EasyJet
30th Oct 2024 14:55
(Sharecast News) - Citi downgraded its stance on alternative asset fund management group Bridgepoint on Wednesday to 'neutral' as it said there were limited near-term catalysts after the shares have risen 80% over the past year.
Read moreUS open: Stocks higher following preliminary GDP reading
30th Oct 2024 14:54
(Sharecast News) - Wall Street stocks were in the green early on Wednesday as market participants digested Q3 earnings and a preliminary Q3 GDP reading.
Read moreDirector dealings: Rosslyn Data Technologies chairman snaps up shares
30th Oct 2024 14:52
(Sharecast News) - Rosslyn Data Technologies revealed on Wednesday that chairman James Appleby had acquired 5.28m ordinary shares in the AIM-listed software firm.
Read moreGrafton takes over Spanish HVAC firm Salvador Escoda
30th Oct 2024 14:37
(Sharecast News) - Building materials distributor and retailer Grafton Group announced on Wednesday that it had completed the acquisition of Salvador Escoda, one of Spain's biggest HVAC distributors, for a maximum consideration of €132m.
Read moreFTSE 250 movers: Grafton rises on acquisition, Hochschild in the red
30th Oct 2024 14:29
(Sharecast News) - The FTSE 250 was trading more than 1% higher on Wednesday afternoon, with the gains driven by updates from a number of companies earlier in the session.
Read moreUS private sector payroll growth rebounds in October
30th Oct 2024 13:42
(Sharecast News) - Private sector hiring in the States picked up in October notwithstanding hurricane recovery efforts, the results of a survey revealed.
Read moreAstraZeneca China president under investigation
30th Oct 2024 13:37
(Sharecast News) - Drugmaker AstraZeneca revealed on Wednesday that Leon Wang, the president of AstraZeneca China, was under investigation by Chinese authorities.
Read moreUS Q3 GDP growth steady at 2.8%
30th Oct 2024 13:24
(Sharecast News) - America's economy expanded at a steady clip during the third quarter on the back of robust consumer outlays.
Read moreFTSE 100 movers: StanChart gains on results; GSK in the red
30th Oct 2024 13:01
(Sharecast News) - London's FTSE 100 was down 0.7% at 8,159.45 in afternoon trade on Wednesday as chancellor Rachel Reeves delivered the first Labour Budget in 14 years.
Read moreVast Resources reports progress at former Hanes Mine
30th Oct 2024 13:00
(Sharecast News) - Vast Resources updated the market on its project involving the processing of material from a rock dump at the former Hanes Gold Mine in Romania on Wednesday.
Read moreBP Marsh acquires 30pc stake in new broker SRT
30th Oct 2024 12:50
(Sharecast News) - BP Marsh announced the acquisition of a 30% cumulative preferred ordinary shareholding in SRT & Partners on Wednesday - a newly established UK retail and London market insurance broker.
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