News Archive

Trainline ups growth targets after strong first half

28th Oct 2024 07:10

(Sharecast News) - Train and coach bookings platform Trainline has raised its full-year guidance for top-line growth and margin expansion following a strong first half.

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Sunday newspaper round-up: Unsustainable, Inheritance Tax, Payslips

27th Oct 2024 13:47

(Sharecast News) - The government's debt pile is set to soar to "unsustainable" levels, the Chancellor's new fiscal rules not withstanding, official data reveal. During the previous week, Rachel Reeves binned the old methodology used to measure public debt, which will allow her to foist enormous additional liabilities on future generations of Britons. The new rules will let her borrow £50bn yet claim that she can balance the books. - The Financial Mail on Sunday

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US close: Markets mixed again as uncertainty hits sentiment

25th Oct 2024 18:53

(Sharecast News) - US stock markets finished mixed on Friday as investors refrained from taking on too much risk ahead of some crucial market-moving events over the coming weeks, though more gains from Tesla propelled the Nasdaq higher.

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London close: Stocks finish mixed ahead of Budget next week

25th Oct 2024 17:33

(Sharecast News) - London markets closed with mixed results on Friday as caution weighed on investor sentiment, driven by concerns over weakening consumer confidence and the forthcoming Budget.

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Europe close: Stocks end week on a mixed note

25th Oct 2024 16:44

(Sharecast News) - European stock markets finished on a mixed note on Friday, having erased earlier losses, though trading was rangebound with investors cautious ahead of number of key events in the coming weeks.

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Week ahead: Autumn Budget, US non-farm payrolls in focus

25th Oct 2024 16:00

(Sharecast News) - Investors' focus over the coming week will be on the Autumn Budget, on Wednesday. In it, the Chancellor is expected to announce a panoply of measures aimed at raising tens of billions of pounds in new tax measures.

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Broker tips: SSE, Flutter Entertainment

25th Oct 2024 15:54

(Sharecast News) - Analysts at Berenberg raised their target price on bookmaker Flutter Entertainment from 18,800.0p to 20,300.0p on Friday as it updated its estimates for the group's mid-term targets.

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US durable goods orders drop in September due to drag from civilian aircraft

25th Oct 2024 15:45

(Sharecast News) - Orders for goods made to last three years or more fell as expected last month, due to the drag from a sharp drop in those for aircraft.

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Director dealings: Ecora Resources CEO snaps up shares

25th Oct 2024 15:22

(Sharecast News) - Ecora Resources revealed on Friday that chief executive Marc Lafleche had acquired 100,000 ordinary shares in the London-listed royalty and streaming company.

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Elections 'loom large' over US consumers in October

25th Oct 2024 15:08

(Sharecast News) - Consumer sentiment in the US was little changed in October while inflation expectations drifted a tad lower, the results of a closely-followed survey revealed.

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US open: Dow headed for weekly loss despite early gains

25th Oct 2024 14:35

(Sharecast News) - Wall Street stocks were in the green early on Friday but were still on track for a losing week.

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FTSE 250 movers: Close Brothers tumbles; Burberry in fashion

25th Oct 2024 14:28

(Sharecast News) - London's FTSE 250 was up 0.3% at 20,843.92 in afternoon trade on Friday.

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Prospex Energy announces restart of production at Viura

25th Oct 2024 14:19

(Sharecast News) - Prospex Energy announced on Friday that production has resumed at the Viura gas field, with revenues expected in November.

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Power Metal inks deal to acquire stake in Oman copper block

25th Oct 2024 14:15

(Sharecast News) - Power Metal Resources announced on Friday that, alongside its subsidiary Power Arabia, it has formalised an agreement with Alara Resources and Awtad Copper to acquire a 12.5% stake in Oman's Block 8 copper concession.

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Petro Matad starts oil production at Heron-1 well

25th Oct 2024 14:11

(Sharecast News) - Petro Matad announced the start of oil production at its Heron-1 well on Friday, in the Block XX production sharing contract area in eastern Mongolia.

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