News Archive
Profits fall at BP on weaker oil demand
29th Oct 2024 07:02
(Sharecast News) - BP posted a slide in quarterly profits on Tuesday, hit by weaker refining margins, although the decline was not as steep as feared.
Read moreUS close: Dow Jones reverses Friday's losses
28th Oct 2024 22:03
(Sharecast News) - Wall Street stocks were in the green at the close of trading on Monday as market participants prepared for a week jam-packed with Q3 earnings.
Read moreBroker tips: Trainline, Softcat
28th Oct 2024 17:23
(Sharecast News) - Shore Capital has reiterated its 'buy' rating for Trainline after the bookings platform upgraded its full-year guidance on Monday, predicting significant upside for the stock from current levels.
Read moreBerenberg reiterates 'hold' rating on Softcat following FY earnings
28th Oct 2024 17:18
(Sharecast News) - Berenberg reiterated their 'hold' rating and 1,600.0p target price on software firm Softcat on Monday, stating the group's "impressive performance" had continued.
Read moreEurope close: Stocks stage afternoon push as oil prices drop
28th Oct 2024 16:26
(Sharecast News) - European stocks turned positive on Monday afternoon while oil prices tanked, with analysts pointing to hopes of de-escalation in the Middle East
Read moreDirector dealings: 80 Mile director raises stake
28th Oct 2024 15:33
(Sharecast News) - 80 Mile revealed on Monday that non-executive director Roderick McIlree had acquired 8.0m ordinary shares in the AIM-listed exploration and development company.
Read moreLondon close: Stocks close higher as investors look to Budget
28th Oct 2024 15:17
(Sharecast News) - London stocks had swung back into positive territory by the close on Monday, as investors prepared for a number of upcoming corporate earnings reports and the Autumn Budget.
Read moreMelrose Industries updates on RRSPs, shares surge
28th Oct 2024 15:04
(Sharecast News) - Melrose Industries surged on Monday after it released a document explaining the accounting around its 19 Risk and Revenue Sharing Partnerships (RRSPs) and said the portfolio was "well positioned" to generate significant returns for investors in the coming decades.
Read moreUS open: Stocks sharply higher as investors await Q3 earnings
28th Oct 2024 14:58
(Sharecast News) - Wall Street stocks were in the green early on Monday as market participants prepared for a week jam-packed with Q3 earnings.
Read moreMetals Exploration gets approval to start drilling at Abra
28th Oct 2024 14:52
(Sharecast News) - Metals Exploration, a gold producer operating in the Philippines, announced on Monday that it has received final approval from authorities to start exploration drilling activities at its Abra tenements through its subsidiary Yamang Mineral Corporation (YMC).
Read moreFTSE 100 movers: Melrose surges; oil giants gush lower
28th Oct 2024 14:15
(Sharecast News) - London's FTSE 100 was up 0.4% at 8,284.36 in afternoon trade on Monday.
Read moreFTSE 250 movers: Trainline jumps on outlook, Georgian banks fall
28th Oct 2024 14:05
(Sharecast News) - The market value of Trainline jumped by a tenth on Monday after a bullish update from the bookings platform, while banking stocks TBC and Bank of Georgia tumbled on political uncertainty.
Read moreRoadside Real Estate JV agrees acquisition of 12 Lidl stores
28th Oct 2024 14:04
(Sharecast News) - Roadside Real Estate announced on Monday that its joint venture with Meadow Real Estate Fund VI, Roadside Retail, has signed an agreement to acquire 12 stores from Lidl Great Britain for £70m.
Read moreLexington appoints firm for maiden exploration target at Bothaville
28th Oct 2024 14:01
(Sharecast News) - South Africa and US-focussed precious metals explorer and developer Lexington Gold announced on Monday that it has appointed Dunrose Trading 186, trading as Shango Solutions, to establish a maiden JORC 2012 exploration target for its Bothaville Project in South Africa's Free State Province.
Read moreVolkswagen to shutter three factories, lay off thousands of staff
28th Oct 2024 11:59
(Sharecast News) - German automotive giant Volkswagen will close the doors on at least three factories as it looks to potentially lay off tens of thousands of employees.
Read more