News Archive
Asia report: Most markets rise as China property prices slip
23rd Feb 2024 08:31
(Sharecast News) - Asia-Pacific markets saw mixed performances on Friday, as Chinese stocks saw their ninth consecutive session of gains amid fresh property prices data.
Read moreBarclays upgrades Breedon Group to 'overweight'
23rd Feb 2024 08:15
(Sharecast News) - Barclays upgraded construction materials company Breedon Group on Friday to 'overweight' from 'equalweight' and hiked the price target to 450p from 380p.
Read moreDeutsche Telekom hits targets, points to further growth in 2024
23rd Feb 2024 08:12
(Sharecast News) - Deutsche Telekom met guidance with its results for 2023 and forecast an slight acceleration in profit growth this year.
Read moreLondon open: Stocks edge up as StanChart surges on buyback
23rd Feb 2024 08:07
(Sharecast News) - London stocks were a little firmer in early trade on Friday, with Standard Chartered racing ahead as it unveiled a $1bn share buyback.
Read moreEurope open: Shares follow bullish Wall St; StanChart soars on results
23rd Feb 2024 08:05
(Sharecast News) - European shares continued to rally on Friday after a bullish session on Wall Street overnight, with the benchmark Stoxx 600 nearing record highs again.
Read moreCab Payments CEO to stand down
23rd Feb 2024 07:59
(Sharecast News) - Foreign exchange business CAB Payments revealed on Friday that chief executive officer Bhairav Trivedi will be succeeded by Neeraj Kapur following the publication of the group's full-year results on 26 March.
Read moreTribal Group enters mediation process over Singapore uni contract
23rd Feb 2024 07:46
(Sharecast News) - Education software firm Tribal Group has announced it is now entering a mediation process with Nanyang Technological University (NTU) over continued disputes around its eight-year, £17m contract with the Singaporean institution.
Read moreLondon pre-open: Stocks seen flat; consumer confidence falters
23rd Feb 2024 07:30
(Sharecast News) - London stocks were set for a broadly flat open on Friday despite strong gains on Wall Street, as investors digested the latest reading on UK consumer confidence and results from Standard Chartered.
Read moreWoodside sells partial share in Scarborough to JERA
23rd Feb 2024 07:27
(Sharecast News) - Woodside announced a transaction with JERA on Friday involving equity participation in the Scarborough joint venture, LNG trade arrangements, and cooperation in advancing new energy and low-carbon solutions.
Read moreFriday newspaper round-up: Reddit, water suppliers, Britishvolt
23rd Feb 2024 07:24
(Sharecast News) - The billionaire businessman Mike Ashley has claimed he was the victim of "abuse" by Morgan Stanley amid a high court dispute over the investment bank's decision to impose a near $1bn (£790m) cash demand. Ashley's Frasers Group is taking legal action against the US investment bank Morgan Stanley and Denmark's Saxo Bank over the May 2021 move linked to bets placed on shares in the German retailer Hugo Boss. - Guardian
Read moreChemring hit by bad weather but full-year expectations unchanged
23rd Feb 2024 07:20
(Sharecast News) - Chemring has kept hold of guidance but said that annual results will now be increasingly weighted to the second half after severe winter conditions interrupted manufacturing operations at the start of the financial year.
Read moreBusiness sentiment in Germany strengthens slightly
23rd Feb 2024 07:19
(Sharecast News) - Investor sentiment brightened modestly in Germany this month, a closely-watched survey showed on Friday, despite the economy continuing to falter.
Read moreGerman economy shrinks by 0.3% in Q4, as expected
23rd Feb 2024 07:18
(Sharecast News) - The German economy contracted by 0.3% on the quarter in the fourth quarter, according to data released on Friday by Destatis, in line with the initial estimate and consensus.
Read moreStanChart in $1bn buyback as profits rise, but trims income forecast
23rd Feb 2024 07:02
(Sharecast News) - Shares in Standard Chartered on Friday soared after the Asia-focused bank unveiled a new $1bn buyback, increased dividend and higher annual profits, but reined in guidance on income for the current year.
Read moreSector movers: Aerospace leads as Rolls-Royce pushes towards record highs
22nd Feb 2024 22:32
(Sharecast News) - Aerospace and Defence names paced gains on the FTSE 350 as Rolls-Royce full-year numbers pushed its shares back above its late 2018 highs.
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