News Archive

US non-farm payrolls grow more quickly than expected in February, but details softer

8th Mar 2024 13:33

(Sharecast News) - Hiring in the U.S. continued at a strong clip last month, albeit alongside a very clear slowdown in wage growth.

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Citi reinstates 'neutral' rating on BAE Systems

8th Mar 2024 12:56

(Sharecast News) - Analysts at Citi reinstated their 'neutral' rating on defence group BAE Systems on Friday, updating its forecasts following the company's acquisition of Ball Aerospace.

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Europe midday: Shares flat ahead of US job numbers

8th Mar 2024 12:47

(Sharecast News) - European markets were flat at middaas investors turned their attention to weekly US jobs data and digested interest rate news from Europe and the US, while HelloFresh tanked on another profits warning.

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US pre-open: Futures trade lower ahead of NFP data

8th Mar 2024 11:30

(Sharecast News) - Wall Street futures were mixed ahead of the bell on Friday ahead of key jobs data.

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Stifel downgrades Spirax-Sarco to 'sell'

8th Mar 2024 10:57

(Sharecast News) - Stifel downgraded Spirax-Sarco on Friday to 'sell' from 'hold' after the company's results.

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Triple Point Social Housing reports robust 2023 performance

8th Mar 2024 10:51

(Sharecast News) - Triple Point Social Housing reported a robust full-year performance on Friday, despite challenges facing the property sector.

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London midday: FTSE drifts lower ahead of payrolls

8th Mar 2024 10:38

(Sharecast News) - London stocks were still a little lower by midday on Friday as investors eyed the release of the latest US non-farm payrolls report.

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BP pays Auchincloss £8m in 2023, claws back £1.8m from Looney

8th Mar 2024 10:33

(Sharecast News) - BP chief executive officer Martin Auchincloss was paid £8m for his services in a particularly prosperous year, it was revealed on Friday, as it managed to claw back a further £1.8m from its former head Bernard Looney.

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Tlou makes solid progress at Lesedi in first half

8th Mar 2024 10:22

(Sharecast News) - Tlou Energy reported significant progress towards its goal of introducing gas-fired power into the Botswana grid later this year in its interim results on Friday.

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Yosi Albagli to continue as Ethernity Networks chairman

8th Mar 2024 10:16

(Sharecast News) - Data processing and networking semiconductor technology specialist Ethernity Networks announced the continuation of Joseph 'Yosi' Albagli's tenure as its non-executive chairman on Friday, following the conclusion of his initial three-year term.

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Berenberg raises target price on Spirax-Sarco

8th Mar 2024 10:13

(Sharecast News) - Analysts at Berenberg raised their target price on manufacturer Spirax-Sarco Engineering from 8,800.0p to 9,800.0p on Friday after the group's full-year results came in line with expectations.

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NAHL agrees renewal of Clydesdale Bank facility

8th Mar 2024 10:10

(Sharecast News) - Consumer legal marketing and services firm NAHL Group announced the successful renewal of its banking facilities with Clydesdale Bank, part of Virgin Money UK, on Friday.

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Eurozone GDP ends 2023 unchanged

8th Mar 2024 09:57

(Sharecast News) - The eurozone economy was little changed at the end of 2023, official data showed on Friday, allowing it to narrowly skirt recession.

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SRT Marine pushes out year-end as it bids for new system contracts

8th Mar 2024 09:54

(Sharecast News) - Maritime surveillance and navigation technology specialist SRT Marine Systems announced a change to its financial reporting dates on Friday, in a bid to safeguard its ability to bid for pending new system contracts.

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Week ahead: UK employment, US CPI in focus

8th Mar 2024 09:47

(Sharecast News) - Investors' attention over the coming week will be split between a raft of economic data due out in the UK and U.S..

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