News Archive

Europe midday: Stocks fall for third day amid political, macro uncertainty

23rd Oct 2024 11:01

(Sharecast News) - European stocks inched lower on Wednesday though markets were rangebound with investors adopting a cautious approach amid heightened political uncertainty and ongoing price volatility in the commodity markets.

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BP Marsh upbeat on first-half performance

23rd Oct 2024 09:38

(Sharecast News) - BP Marsh reported a strong first-half performance on Wednesday, achieving a total shareholder return of 12.1% for the six months ended 31 July, driven by growth in net asset value and dividends paid in March, May and July.

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CMA launches formal probe into Carlsberg's £3.3bn acquisition of Britivc

23rd Oct 2024 09:25

(Sharecast News) - The Competition and Markets Authority said on Wednesday that it was launching a formal probe into Carlsberg's £3.3bn acquisition of Britvic.

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Asia report: Markets rise amid big IPOs in Tokyo, Hong Kong

23rd Oct 2024 08:53

(Sharecast News) - Asian markets mostly rose on Tuesday, diverging from a lacklustre session on Wall Street.

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Deutsche Bank swings back to profits in third quarter

23rd Oct 2024 08:40

(Sharecast News) - Deutsche Bank returned to profitability in the third quarter, it emerged on Wednesday, as it reported a net profit of €1.46bn, surpassing analyst expectations of €1.05bn.

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Gem Diamonds reports solid quarter for operations, sales

23rd Oct 2024 08:31

(Sharecast News) - Gem Diamonds reported a solid third quarter operational and sales performance on Wednesday, achieving higher sales volumes and revenue compared to the prior quarter.

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Diversified Energy inks Gulf Coast natural gas supply contract

23rd Oct 2024 08:24

(Sharecast News) - Diversified Energy Company announced a new natural gas supply contract with a major Gulf Coast liquefied natural gas (LNG) facility on Wednesday.

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US pre-open: Stocks seen lower ahead of Boeing, Tesla earnings

23rd Oct 2024 08:15

(Sharecast News) - US futures pointed to a weaker open on Wall Street on Wednesday as investors eyed earnings from the likes of Boeing, Tesla and Coca-Cola.

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London open: FTSE nudges up as WPP, Reckitt gain

23rd Oct 2024 08:13

(Sharecast News) - London stocks nudged up in early trade on Wednesday, helped along by well-received results from the likes of WPP and Reckitt, but gains were muted as caution crept in ahead of next week's Budget and amid uncertainty over the US election.

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Jefferies upgrades Ibstock, Forterra to 'buy'

23rd Oct 2024 08:12

(Sharecast News) - Jefferies upgraded both Ibstock and Forterra on Wednesday to 'buy' from 'hold' "given the current compelling demand-supply dynamic in the UK brick sector".

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Alpha Group client balances rise, interest rates stable

23rd Oct 2024 08:09

(Sharecast News) - Alpha Group International updated the market on its client balances and interest rates for the third quarter on Wednesday, which contribute to its net treasury income from client funds.

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Alpha Group client balances rise, interest rates stable

23rd Oct 2024 08:09

(Sharecast News) - Alpha Group International updated the market on its client balances and interest rates for the third quarter on Wednesday, which contribute to its net treasury income from client funds.

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British Land appoints David Walker as CFO

23rd Oct 2024 08:06

(Sharecast News) - British Land said on Wednesday that it has appointed David Walker as its new chief financial officer, following "a comprehensive search and review of internal and external candidates".

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WPP returns to growth in third quarter

23rd Oct 2024 07:52

(Sharecast News) - Advertising giant WPP said on Wednesday that it returned to growth in the third quarter, as it reiterated its outlook for the year.

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Europe open: Markets open flat as caution reigns

23rd Oct 2024 07:43

(Sharecast News) - European stocks opened flat on Wednesday morning following two days of losses, with markets rangebound amid ongoing macro uncertainty.

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