News Archive

JPMorgan stays positive about Future despite CEO exit

21st Oct 2024 12:22

(Sharecast News) - Future's share price took a dive last week after the unexpected departure of chief executive Jon Steinberg, but the news didn't dissuade JPMorgan from changing its positive view on the publishing and events company.

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CLIG reports 4.8pc rise in funds under management

21st Oct 2024 11:54

(Sharecast News) - City of London Investment Group (CLIG) reported a 4.8% increase in funds under management (FuM) for the quarter ended 30 September on Monday, rising to $10.7bn from $10.2bn at the end of June.

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UK consumer confidence picks up in October

21st Oct 2024 11:54

(Sharecast News) - UK consumer confidence improved in October, according to fresh survey data released on Monday, with the S&P Global UK consumer sentiment index rising to 47.3, from 46.0 in September.

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Asia report: Markets mixed as China cuts loan prime rates

21st Oct 2024 11:16

(Sharecast News) - Asia-Pacific markets showed mixed performances on Monday as investors weighed China's decision to cut its loan prime rate.

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FCA fines VW Finance £5.4m for unfair customer treatment

21st Oct 2024 11:13

(Sharecast News) - The Financial Conduct Authority (FCA) has fined Volkswagen Financial Services UK £5.4m for failing to treat customers in financial difficulty fairly, it announced on Monday.

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Europe midday: Stocks retreat from four-week high as Chinese stimulus underwhelms

21st Oct 2024 11:11

(Sharecast News) - After a positive start, European stocks dropped into the red by the Monday lunchtime, with the Stoxx 600 pulling back from a four-week high as more underwhelming Chinese stimulus measures failed to lift sentiment.

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JDE Peet's shares surge on Mondelez buyout, new CEO

21st Oct 2024 09:21

(Sharecast News) - Shares in JDE Peet's surged in Amsterdam on Monday after German investment company JAB bought out part-owner Mondelez on the same day the Dutch coffee and tea maker appointed a new chief executive.

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Hollywood Bowl FY revenues hit record levels

21st Oct 2024 08:05

(Sharecast News) - Ten-pin bowling centre operator Hollywood Bowl said on Monday that full-year underlying earnings were pegged to come in ahead of market expectations on the back of record annual revenues.

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Europe open: Stoxx 600 inches closer to record high after Chinese stimulus

21st Oct 2024 08:05

(Sharecast News) - European markets were rangebound in early trading on Monday with stocks trading at their highest levels in four weeks.

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London open: Stocks gain as miners rally on PBOC cuts

21st Oct 2024 07:59

(Sharecast News) - London stocks rose in early trade on Monday, with miners pacing the gains as investors mulled the latest move by the People's Bank of China and UK house price data.

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PBOC cuts benchmark lending rates as expected

21st Oct 2024 07:53

(Sharecast News) - The People's Bank of China said on Monday that it was cutting its two benchmark lending rates by 25 basis points.

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FirstGroup buys coach operator Anderson Travel for undisclosed sum

21st Oct 2024 07:47

(Sharecast News) - FirstGroup said on Monday that it has bought coach operator Anderson Travel for an undisclosed sum.

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London pre-open: Stocks to edge up; Rightmove data in focus

21st Oct 2024 07:39

(Sharecast News) - London stocks were set to edge up at the open on Monday as investors mulled the latest house price data.

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German producer prices fall more than expected

21st Oct 2024 07:32

(Sharecast News) - Wholesale prices in Germany fell for the first time in seven months in September as energy prices continued to decline, while the annual rate of deflation picked up pace, according to figures from the Federal Statistical Office on Monday.

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Monday newspaper round-up: Water companies, Sky, Microsoft

21st Oct 2024 07:27

(Sharecast News) - Almost half of the UK workforce lack access to workplace health support including winter flu vaccinations and checks for cardiovascular diseases, a report has found. The analysis, by the Royal Society for Public Health (RSPH), looked at data from the Department for Work and Pensions and the Department for Business, Energy and Industrial Strategy (DBEIS) and found that more than 10 million UK workers lack access to services including basic health checks, vaccinations, and smoking or weight loss support, provided by their employer. - Guardian

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