News Archive
London close: Stocks finish higher ahead of Spring Budget
5th Mar 2024 16:22
(Sharecast News) - London's stock markets had edged into positive territory by the close on Tuesday, as investors reacted to speculation about the looming Budget, along with the latest services and retail sales figures, and a slew of corporate news announcements.
Read moreSector movers: Precious metals miners, defensives pace gains
5th Mar 2024 16:20
(Sharecast News) - Precious metals miners were again at top of the leaderboard for the FTSE 350 on Tuesday, as gold prices pushed up against their record highs around the $1,250/oz. mark.
Read moreEurope close: Stocks mixed as investors turn cautious ahead of ECB
5th Mar 2024 16:18
(Sharecast News) - European stocks finished mixed on Tuesday with markets across the continent struggling for direction ahead of a key monetary policy decision from the European Central Bank on Thursday.
Read moreCanaccord Genuity raises target price on Clarkson
5th Mar 2024 16:13
(Sharecast News) - Analysts at Canaccord Genuity raised their target price on shipping services firm Clarkson from 4,325.0p to 4,500.0p on Tuesday after the group delivered a 23% incremental pre-tax profit margin in FY23, lower tax, and a dividend per share of 102.0p with still sizeable net free cash balances at end of the trading year.
Read moreStandard Chartered attracting more takeover interest - report
5th Mar 2024 16:12
(Sharecast News) - Standard Chartered has reportedly come under the spotlight amid a fresh round of takeover talk.
Read moreMeta hit with major outages, Facebook and Instagram down
5th Mar 2024 16:07
(Sharecast News) - Social media giant Meta was hit by a major outage on Tuesday afternoon, with thousands of users left unable to access Facebook, Messenger, and Instagram.
Read moreBroker tips: Trustpilot, Clarkson
5th Mar 2024 15:49
(Sharecast News) - Analysts at JP Morgan raised their target price on review website operator Trustpilot from 190.0p to 250.0p on Tuesday, stating earnings momentum looked set to continue as the group transitions into a fast-growing free cashflow generator.
Read moreGold price hits record high
5th Mar 2024 15:49
(Sharecast News) - Gold prices hit a record high on Wednesday amid rising expectations of a US rate cut in June.
Read moreDirector dealings: Tracsis CFO lowers stake
5th Mar 2024 15:45
(Sharecast News) - Tracsis revealed on Tuesday that chief financial officer Andrew Kelly had disposed of 9,165 ordinary shares in the AIM-listed transport technology group.
Read moreWednesday preview: Spring Budget, Fed's Powell in focus
5th Mar 2024 15:26
(Sharecast News) - The market spotlight in the middle of the week will be on the Chancellor as he delivers the Spring Budget.
Read moreFTSE 250 movers: Spirent surges on takeover; Inchcape hits the brakes
5th Mar 2024 15:25
(Sharecast News) - FTSE 250 (MCX) 19,269.20 0.10%
Read moreS&P Global US composite and services PMIs upwardly revised
5th Mar 2024 14:58
(Sharecast News) - The S&P Global composite purchasing managers index was revised higher to 52.5 in February, up from preliminary estimates for a reading of 51.4 and ahead of the 52 recorded in January.
Read moreMonzo valued at $5bn after fresh funding round
5th Mar 2024 14:38
(Sharecast News) - Online challenger bank Monzo has secured a new $430m (£339m) funding round led by the Alphabet-owned CapitalG which values it at $5bn (£3.9bn).
Read moreJO Hambro fund urges Currys to accept £1bn takeover valuation
5th Mar 2024 14:24
(Sharecast News) - A shareholder of Currys was urging the company to seriously consider a takeover bid valuing the electricals retailer at over £1bn, it emerged on Tuesday.
Read moreThales shares surge after 2023 sales and profits beat forecasts
5th Mar 2024 14:21
(Sharecast News) - French aerospace, defence and transportation services group Thales saw shares jump more than 8% on Tuesday after delivering 2023 results that beat forecasts across the board, with operating profits topping €2bn for the first time in four years.
Read more