News Archive

Wizz Air passenger numbers rise but load factors dip

2nd Oct 2024 07:27

(Sharecast News) - Wizz Air reported a 3.9% year-on-year increase in passenger numbers for September on Wednesday, carrying 5.76 million passengers during the month.

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Wednesday newspaper round-up: CityFibre, Covid loans, FCA

2nd Oct 2024 07:21

(Sharecast News) - Ministers are being asked to draw up billions of pounds in cuts to infrastructure projects over the next 18 months despite Rachel Reeves pledging to invest more to grow the economy, the Guardian has learned. Members of the cabinet have been asked to model cuts to their investment plans of up to 10% of their annual capital spending as part of this month's spending review, government sources said. - Guardian

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SIG holds on to guidance as LFL sales decline eases

2nd Oct 2024 07:11

(Sharecast News) - Europe-focused building products and specialist insulation supplier SIG has reiterated full-year profit guidance after a sequential improvement in like-for-like revenue performance in the third quarter.

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JD Sports Fashion holds guidance after profits beat consensus

2nd Oct 2024 07:03

(Sharecast News) - Shares in JD Sports Fashion fell on Wednesday on the back of a sharp fall in sales at Nike - its major partner - despite a better-than-expected 2% rise in half-year profit and guidance hold amid a "challenging and volatile market".

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US close: Investors take profits as Iran sends missiles into Israel

1st Oct 2024 22:16

(Sharecast News) - US stocks fell on Tuesday, with the Dow and S&P 500 retreating from record highs and the Nasdaq hitting a two-week low, amid an escalation of conflict in the Middle East.

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London close: Stocks mixed on manufacturing data, Middle East tensions

1st Oct 2024 16:58

(Sharecast News) - London markets ended Tuesday with mixed results, as investors reacted to manufacturing data from both sides of the Atlantic, as well as Middle East developments.

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Petro Matad announces successful Heron-2 drilling results

1st Oct 2024 16:54

(Sharecast News) - Mongolian oil company Petro Matad announced successful drilling results from its Heron-2 well, located in Block XX in the Tamsag Basin, eastern Mongolia on Tuesday.

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Europe close: Stocks sink, oil jumps on reports of imminent Iran strike

1st Oct 2024 16:51

(Sharecast News) - Stocks dropped into the red in late-afternoon trade on Tuesday while oil prices surged on the back of fears that a retaliation by Iran on Israel is imminent.

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FTSE 250 movers: Greggs off the menu as sales growth slows

1st Oct 2024 15:30

(Sharecast News) - FTSE 250 (MCX) 20,943.55 -0.52%

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US construction spending falls 0.1pc in August

1st Oct 2024 15:28

(Sharecast News) - US construction spending fell 0.1% month-on-month to a seasonally adjusted annual rate of $2.13trn in August, according to the Census Bureau, following a revised 0.5% decrease in August and missing forecasts of a 0.1% rise.

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ISM US manufacturing PMI holds steady in September

1st Oct 2024 15:17

(Sharecast News) - The Institute of Supply Management's manufacturing index, as market participants tried to gain fresh insight into the state of the US economy amid ongoing fears surrounding a potential US recession.

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PepsiCo to buy tortilla chip maker Siete for $1.2bn

1st Oct 2024 14:44

(Sharecast News) - PepsiCo said on Tuesday that it has agreed to buy tortilla chip maker Siete for $1.2bn.

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TotalEnergies to invest $10.5bn in Suriname offshore field

1st Oct 2024 14:44

(Sharecast News) - French oil major TotalEnergies announced on Tuesday it is investing $10.5bn into the GranMorgu offshore oil field in Suriname.

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FTSE 100 movers: WPP shines; 3i in the red again

1st Oct 2024 14:40

(Sharecast News) - London's FTSE 100 was up 0.2% at 8,251.12 in afternoon trade on Tuesday.

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Director dealings: Relx director snaps up shares

1st Oct 2024 14:26

(Sharecast News) - Relx revealed on Tuesday that director June Felix had acquired 1,400 ordinary shares in the London-listed information and analytics company.

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