News Archive
Frasers Group closing Matches after two months of ownership
8th Mar 2024 07:22
(Sharecast News) - Frasers Group responded to fresh media reports over its acquisition of Matches on Friday, confirming that the brand was being shuttered just two months after acquisition.
Read moreCurrys gets green light for sale of Greek business
8th Mar 2024 07:02
(Sharecast News) - Currys said regulators had approved the sale of its Greek and Cypriot retail business Kotsovolos to Public Power Corporation for an enterprise value of €200m (£175m).
Read moreInforma ups guidance after annual profits jump
8th Mar 2024 07:01
(Sharecast News) - Informa upped 2024 guidance on Friday after strong growth in overseas markets boosted full-year revenues and profits.
Read moreUS close: S&P 500 hits new record after Powell comments
7th Mar 2024 20:56
(Sharecast News) - US stock markets rose on Thursday, with the S&P 500 notching another record high on the back of strong gains for tech stocks, after comments from the head of the Federal Reserve raised hopes that interest-rate cuts were nearing a reality.
Read moreSector movers: Cyclicals pace gains
7th Mar 2024 17:26
(Sharecast News) - Cyclicals paced gains in the FTSE 350 on Thursday, against a backdrop of gains for stocks around the world.
Read moreContinental shares fall as 2023 profits and sales miss estimates
7th Mar 2024 15:37
(Sharecast News) - Full-year results at German auto parts manufacturer Continental came in below expectations on Thursday despite the company hiking its dividend after operating profits rose by nearly a third.
Read moreEurope close: Stoxx 600 hits record high as ECB rate-cut hopes rise
7th Mar 2024 15:35
(Sharecast News) - European stocks rose strongly on Thursday with the Stoxx 600 finishing comfortably above the 500 level for the first time ever on the back of dovish comments from the European Central Bank, which lowered its outlook for inflation.
Read moreLondon close: Stocks finish firmer as US jobless claims rise
7th Mar 2024 15:29
(Sharecast News) - London markets closed with modest gains on Thursday, after higher-than-expected jobless claims figures from the US, and a flurry of corporate news in the UK.
Read moreFriday preview: US non-farm payrolls, Entain in the spotlight
7th Mar 2024 14:52
(Sharecast News) - All eyes at the end of the week will be on the one report that could easily upend many market forecasts should it deviate from the consensus - the monthly non-farm payrolls report.
Read moreFTSE 250 movers: Virgin on the money; Tyman slips on outlook
7th Mar 2024 14:39
(Sharecast News) - FTSE 250 (MCX) 19,654.33 0.93%
Read moreBroker tips: Man Group, Travis Perkins
7th Mar 2024 14:33
(Sharecast News) - Numis has lifted its recommendation for investment manager Man Group from 'hold' to 'buy' and hiked its target price from 260.0p to 315.0p, saying that the company's decent short-term investment performance "cannot be ignored".
Read moreUS open: Stocks trade higher ahead of Powell's Senate testimony
7th Mar 2024 14:27
(Sharecast News) - Wall Street trading got off to a positive start on Thursday as all eyes remained fixed on Federal Reserve chairman Jerome Powell.
Read moreDirector dealings: Inchcape chairman makes share purchase
7th Mar 2024 14:26
(Sharecast News) - Inchcape revealed on Thursday that chairman Nigel Stein had acquired 15,318 ordinary shares in the London-listed automotive distributor.
Read moreFTSE 100 movers: Rentokil surges; Entain under the cosh
7th Mar 2024 14:20
(Sharecast News) - London's FTSE 100 was up 0.2% at 7,694.58 in afternoon trade on Thursday.
Read moreGE Aerospace announces $15bn share buyback ahead of spin-off
7th Mar 2024 14:04
(Sharecast News) - US conglomerate General Electric shares were on the rise on Thursday after GE Aerospace unveiled plans for a $15bn share buyback ahead of its launch as a standalone company next month.
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