News Archive

Fund managers make record rotation out of US stocks - BofA

18th Mar 2025 12:55

(Sharecast News) - Fund managers made the sharpest rotation in March out of US stocks and into Europe since records began in 1999, according to the latest fund manager survey from Bank of America.

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US housing starts, building permits beat forecasts

18th Mar 2025 12:54

(Sharecast News) - The numbers of new houses being built in the United States came in higher than expected in February, along with the volume of permits authorising residential construction, according to data from the Census Bureau on Tuesday.

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Boku reports strong financial, operational performance

18th Mar 2025 12:40

(Sharecast News) - Boku reported a strong financial and operational performance for 2024 on Tuesday, with total revenue rising 20% to $99.3m, or 24% on a constant exchange rate basis.

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Greatland reports increased total mineral resource

18th Mar 2025 12:25

(Sharecast News) - Greatland Gold reported a significant increase in its total mineral resources on Tuesday, following the inclusion of an inaugural estimate for the Telfer gold-copper mine.

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Alphabet lands Wiz in $32bn deal

18th Mar 2025 12:18

(Sharecast News) - Alphabet has agreed to buy cloud security start-up Wiz in a blockbuster $32bn deal, the Google parent confirmed on Tuesday.

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Accesso taps ex-Nando's, Merlin tech head as new COO

18th Mar 2025 12:15

(Sharecast News) - Accesso Technology Group announced the appointment of Lee Cowie as its chief operating officer on Tuesday, bringing more than 15 years of senior international executive experience to the company.

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Fonix reports solid first-half growth

18th Mar 2025 12:05

(Sharecast News) - Fonix reported solid first-half growth on Tuesday, with gross profit rising 6.5% to £9.8m and adjusted EBITDA increasing 6.8% to £7.8m.

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Frasers to launch fresh bid for XXL

18th Mar 2025 12:05

(Sharecast News) - Mike Ashley's Frasers Group is to make a mandatory offer for Norway's XXL, the retailer confirmed on Tuesday, just weeks after abandoning its pursuit of the sporting goods specialist.

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US open: Selling pressure resumes on geopolitical uncertainty

18th Mar 2025 11:31

(Sharecast News) - US stocks pulled back sharply on Tuesday after two days of gains despite economic data coming in ahead of expectations.

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Europe midday: Stoxx up ahead of German debt vote; Gold shines

18th Mar 2025 11:28

(Sharecast News) - European markets were up on Tuesday as investors eyed an historic vote on debt reform, the soaring gold price was centre stage as continuing political instability and a return to bombing of Gaza by Israel sent investors running for the precious metal as a safe haven.

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London midday: FTSE maintains gains as investors eyed Fed, BoE

18th Mar 2025 11:00

(Sharecast News) - London stocks were still firmer by midday on Tuesday as investors eyed the start of the Federal Reserve's two-day policy meeting and this week's Bank of England announcement.

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CAP-XX signs global distribution agreement with Premier Farnell

18th Mar 2025 10:56

(Sharecast News) - CAP-XX said on Tuesday that it has signed a global distribution agreement with electronic components distributor Premier Farnell.

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Old Mutual posts best profit since 2019, divi underwhelms

18th Mar 2025 10:53

(Sharecast News) - Old Mutual reported its highest profit since 2019 on Tuesday, driven by rising demand for short-term insurance and wealth management products in South Africa.

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Gold hits fresh high as global tensions mount

18th Mar 2025 10:32

(Sharecast News) - Gold prices hit fresh highs on Tuesday on the back of mounting geopolitical tensions, including renewed hostilities in the Middle East and the prospect of a global trade war.

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German ZEW index hits highest level in three years

18th Mar 2025 10:28

(Sharecast News) - Investor morale in Germany surged in March to its highest level in more than two years, according to the Centre for European Economic Research (otherwise known as ZEW), on the back of improved confidence in the government's new fiscal policies.

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