News Archive

Europe midday: Shares drop sharply

30th Oct 2024 12:45

(Sharecast News) - European stocks are trading sharply lower in the next-to-last session until month's end.

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Griffin Mining reinstates share buyback programme

30th Oct 2024 12:25

(Sharecast News) - Griffin Mining announced the reinstatement of its share buy-back programme on Wednesday, allowing for the repurchase of up to 10 million outstanding shares or a maximum of $10m worth of shares.

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Hargreaves Services reports steady progress across business

30th Oct 2024 12:22

(Sharecast News) - Hargreaves Services announced steady progress across its three business units - services, Hargreaves Land, and HRMS - in an update on Wednesday.

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Equals receives improved takeover offer, extends deadline

30th Oct 2024 12:18

(Sharecast News) - Equals Group updated the market on its ongoing strategic review on Wednesday, announcing that it had received a further improved, non-binding proposal from the consortium comprising Embedded Finance (Railsr), TowerBrook Capital Partners, and JC Flowers for an all-cash offer.

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Chancellor unveils £40bn of tax rises in first Budget

30th Oct 2024 12:12

(Sharecast News) - Chancellor Rachel Reeves unveiled £40bn of tax rises on Wednesday, as she used her long-awaited first Budget to launch a scathing attack the previous government's fiscal record.

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Diversified completes $69m acquisition of Texas gas assets

30th Oct 2024 12:10

(Sharecast News) - Diversified Energy announced on Wednesday that it has completed the acquisition of operated natural gas assets in eastern Texas for a gross purchase price of $69m.

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Berenberg lowers target price on Elementis

30th Oct 2024 12:06

(Sharecast News) - Analysts at Berenberg lowered their target price on specialty chemicals business Elementis from 190.0p to 170.0p on Wednesday after the group's Q3 results a day earlier.

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London midday: Stocks stay down ahead of Budget

30th Oct 2024 11:44

(Sharecast News) - London stocks were still in the red by midday on Wednesday as jitters crept in ahead of the Autumn Budget, with tax rises and spending cuts on the cards.

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Eli Lilly's quarterly numbers disappoint, shares tumble

30th Oct 2024 11:25

(Sharecast News) - Shares in Eli Lilly & Co fell sharply on Wednesday, after the US drugs firm missed quarterly forecasts and cut its full-year outlook.

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US pre-open: Futures mixed ahead of preliminary GDP figures

30th Oct 2024 11:12

(Sharecast News) - Wall Street futures were mixed ahead of the bell on Wednesday as market participants continued to digest Q3 earnings and awaited a fresh GDP reading.

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Campari tumbles on Q3 results

30th Oct 2024 11:02

(Sharecast News) - Campari shares tumbled on Wednesday after the Italian drinks maker reported a drop in third-quarter profits.

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IG Group appoints Clifford Abrahams as CFO

30th Oct 2024 10:50

(Sharecast News) - IG Group said on Wednesday that it has appointed Clifford Abrahams as chief financial officer and as an executive director.

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Eckoh agrees to be acquired by Bridgepoint funds

30th Oct 2024 10:02

(Sharecast News) - Secure payments and customer engagement software provider Eckoh announced on Wednesday that it has agreed to be acquired by Eagle UK Bidco - an indirect subsidiary of funds managed by Bridgepoint Advisers II.

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German economy unexpectedly expands in Q3

30th Oct 2024 09:37

(Sharecast News) - The German economy unexpectedly expanded in the third quarter, avoiding a technical recession, according to figures released by Destatis on Wednesday.

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Asia report: Most markets fall, Australian inflation slows

30th Oct 2024 09:12

(Sharecast News) - Asia-Pacific markets largely declined on Wednesday as investors evaluated Australia's latest inflation data, showing consumer prices at their lowest levels since early 2021.

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