News Archive
London midday: FTSE stays down as wage growth slows
13th Feb 2024 11:00
(Sharecast News) - London stocks were still a little lower by midday on Tuesday as investors mulled a slowdown in UK wage growth and looked ahead to a key US inflation reading.
Read moreGerman sentiment jumps despite economic gloom - ZEW
13th Feb 2024 10:53
(Sharecast News) - Economic sentiment strengthened in Germany this month, a closely-watched survey showed on Tuesday, despite the country's economy continuing to struggle.
Read moreUS pre-open: Futures lower ahead of CPI reading
13th Feb 2024 10:48
(Sharecast News) - Wall Street futures were in the red ahead of the bell on Tuesday as market participants awaited a reading of last month's all-important consumer price index to try and gauge what the Federal Reserve's next moves may be.
Read moreMichelin shares surge on strong profits and €1bn buyback
13th Feb 2024 10:33
(Sharecast News) - Shares in French tyre maker Michelin jumped more than 8% on Tuesday after beat profit forecasts with a record 2023 performance and announced a €1bn share buyback.
Read moreMediazest secures 'substantial new business win'
13th Feb 2024 10:05
(Sharecast News) - Audio-visual solutions group Mediazest has scored a "substantial new business win" with a "large" UK-based FTSE-listed client.
Read moreCiti ups recommendation on GSK to 'buy'
13th Feb 2024 09:45
(Sharecast News) - Citi has upgraded its rating on vaccines and drugs blue chip GSK to 'buy' while also boosting its earnings estimates.
Read moreJadestone Energy eyes reverse takeover deal
13th Feb 2024 09:31
(Sharecast News) - Upstream company Jadestone Energy said on Tuesday that it was working on a reverse takeover deal that would see it acquire assets owned by Woodside Energy in Australia.
Read moreUnion Jack Oil further expands footprint in Oklahoma
13th Feb 2024 09:18
(Sharecast News) - US and UK-focused onshore oil explorer Union Jack Oil has signed two further farm-in agreements with Reach Oil & Gas for the Wilzetta Fault oilfields in central Oklahoma, which is thought to have substantial reserves.
Read moreAsia report: Nikkei jumps higher on return from holiday
13th Feb 2024 09:00
(Sharecast News) - Stock markets across the Asia-Pacific region showed a mixed performance on Tuesday, with notable movements in Japan and South Korea, while markets in China, Hong Kong, and other regions remained closed for the Lunar New Year holiday.
Read moreEmpyrean raises £700k through share placing
13th Feb 2024 08:05
(Sharecast News) - Oil and gas development company Empyrean has raised £700,000 through a placing of 280.0m new ordinary shares at a price of 0.25p each.
Read moreEurope open: Shares down ahead of US CPI; Tui surges
13th Feb 2024 07:59
(Sharecast News) - European markets opened lower on Tuesday as investors awaited key US inflation data later in the day.
Read moreCiti hails positive impact of banking disposal at Tesco
13th Feb 2024 07:55
(Sharecast News) - Citi has renewed its rating on supermarket giant Tesco with a 'buy', hailing the positive impact of last week's £600m disposal of most of its retail banking business to Barclays.
Read moreLondon open: Stocks edge lower after UK jobs data, ahead of US CPI
13th Feb 2024 07:54
(Sharecast News) - London stocks edged lower in early trade on Tuesday as investors mulled the latest UK jobs data and looked ahead to a key US inflation reading.
Read moreAston Martin in talks on debt Pile, says Stroll
13th Feb 2024 07:52
(Sharecast News) - UK luxury car maker Aston Martin Lagonda is in talks with bankers to address a looming debt pile, executive chairman Lawrence Stroll said on Tuesday, with the company's near-term liabilities amounting to around $1.4bn.
Read moreYodel rescued by Shift-led consortium - report
13th Feb 2024 07:52
(Sharecast News) - Parcel delivery group Yodel has been bought by YDLGP - a newly-formed company backed by a consortium of investors including boutique investment bank Solana Partners and the leadership team behind rival - for an undisclosed sum.
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