News Archive
Endeavour expects first gold from Sabodala-Massawa in May
27th Feb 2024 07:48
(Sharecast News) - Mining group Endeavour has announced that wet commissioning activities are now underway at the Sabodala-Massawa Expansion project in Senegal, with first gold expected in early May.
Read moreBarclays upgrades Flutter Entertainment to 'overweight'
27th Feb 2024 07:33
(Sharecast News) - Barclays upgraded Flutter Entertainment on Tuesday to 'overweight' from 'equalweight' and lifted the price target to 200p from 153p, citing multi-year earnings growth.
Read moreLondon pre-open: Stocks seen lower on Wall Street losses
27th Feb 2024 07:32
(Sharecast News) - London stocks were set to fall at the open on Tuesday following losses on Wall Street.
Read moreGerman consumer confidence seen stable in March but at low levels - GfK
27th Feb 2024 07:30
(Sharecast News) - German consumer sentiment was tipped to stabilise at a low level next month as consumers expressed concerns about Europe's biggest economy, according to a widely-watched survey published on Tuesday.
Read moreTuesday newspaper round-up: Post Office, The Telegraph, Homebase
27th Feb 2024 07:23
(Sharecast News) - A top US antitrust watchdog sued to block the country's largest-ever supermarket merger on Monday, alleging the deal would raise prices for millions of shoppers. The Federal Trade Commission argued that Kroger's $24.6bn takeover of rival grocer Albertsons would narrow consumer choice and weaken the quality of products on shelves. - Guardian
Read moreSmith & Nephew revenue growth tops full-year forecasts
27th Feb 2024 07:22
(Sharecast News) - Medical device giant Smith & Nephew reported fourth-quarter revenue of $1.46bn on Tuesday, marking a 6.4% increase on an underlying basis compared to the prior year.
Read moreUK grocery price inflation eases to 5.3% in February
27th Feb 2024 07:18
(Sharecast News) - Research company Kantar's latest supermarket share update showed that grocery price inflation had dropped to 5.3% in February, its lowest rate since March 2022.
Read moreUnite Group lifts rental guidance after solid 2023
27th Feb 2024 07:16
(Sharecast News) - Student accommodation provider Unite Group has delivered a confident outlook and upgraded guidance after seeing record adjusted earnings for 2023, though reported profits dropped by more than two thirds as a result of big losses related to changes in property valuations.
Read moreCroda warns on margins as profits slump on weak demand
27th Feb 2024 07:02
(Sharecast News) - British speciality chemicals maker Croda International on Tuesday warned of lower operating margins this year after posting a slump in 2023 profits due to customers destocking and a weak macroeconomic environment.
Read moreUS close: Dow, S&P 500 pull back from peaks ahead of key data
26th Feb 2024 23:30
(Sharecast News) - US stocks finished with small losses on Monday, as early gains were quickly erased with the Dow Jones Industrial Average and S&P 500 both retreating from record highs ahead of a busy week for economic data.
Read moreEurope close: Stocks end mixed ahead of key inflation data
26th Feb 2024 16:59
(Sharecast News) - European stocks ended the Monday session in mixed fashion with investors in a holding pattern ahead of the end of the month.
Read moreDirector dealings: Lloyds Banking chairman makes share purchase
26th Feb 2024 16:09
(Sharecast News) - Lloyds Banking Group revealed on Monday that chairman Robin Budenberg had acquired 1.0m ordinary shares in the FTSE 100-listed financial services giant.
Read moreBroker tips: Standard Chartered, Tate & Lyle, Anglo American
26th Feb 2024 16:02
(Sharecast News) - Berenberg upped its price target on 'buy' rated Standard Chartered on Monday to 1,050.0p from 1,000.0p as it said that growth and returns are undervalued.
Read moreUS new home sales rise 1.5% in January
26th Feb 2024 15:56
(Sharecast News) - New home sales rose 1.5% month-on-month in January, according to the Census Bureau, hitting a seasonally adjusted annualised rate of 661,000 and falling short of market expectations for a reading of 680,000.
Read moreUS open: Stocks slight higher as Amazon joins Dow Jones
26th Feb 2024 15:54
(Sharecast News) - Wall Street stocks were slightly higher at the opening bell on Monday following last week's record-setting rally.
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