News Archive
US close: Stocks mixed following CPI reading, tariffs remain in focus
12th Mar 2025 23:01
(Sharecast News) - Major indices delivered a mixed performance on Wednesday as investors digested February's CPI reading and trade tensions between the US and a number of its major trading partners continued to weigh on sentiment.
Read moreBroker tips: Trustpilot, IAG, 4imprint
12th Mar 2025 16:05
(Sharecast News) - Trustpilot rallied on Wednesday as JPMorgan Cazenove placed the shares on "positive catalyst watch" into results and said that underperformance year-to-date presents a buying opportunity.
Read moreDirector dealings: Discoverie finance director snaps up shares
12th Mar 2025 15:59
(Sharecast News) - Discoverie revealed on Wednesday that finance director Simon Gibbins had acquired 9,058 ordinary shares in the FTSE 250-listed electronic components manufacturer.
Read moreUS open: Mixed start to trading as inflation, trade tensions remain in focus
12th Mar 2025 15:58
(Sharecast News) - Wall Street trading got off to a mixed start on Wednesday as investors digested February's CPI reading and trade tensions between the US and a number of its major trading partners continued to weigh on sentiment.
Read moreCanadian to launch reciprocal tariffs on $30bn of US imports
12th Mar 2025 15:48
(Sharecast News) - Canada is to impose 25% reciprocal tariffs on nearly $30bn-worth of US imports into the country in response to Donald Trump's "unjustified" trade war.
Read moreFTSE 100 movers: Spirax recovers; L&G in the red
12th Mar 2025 14:55
(Sharecast News) - London's FTSE 100 was up 0.2% at 8,516.63 in afternoon trade on Wednesday.
Read moreFTSE 250 movers: 4imprint tumbles; Hochschild shines
12th Mar 2025 14:51
(Sharecast News) - FTSE 250 (MCX) 19,879.90 0.56%
Read moreRheinmetall posts record sales, order backlog as defence spending soars
12th Mar 2025 13:52
(Sharecast News) - Rheinmetall's share price surged on Wednesday after the German arms manufacturer reported record annual sales of nearly €10bn and a bumper order book of €55bn, saying that "an era of rearmament has begun in Europe".
Read moreBank of Canada cuts rates again, but warns tariffs will ramp up inflation
12th Mar 2025 13:51
(Sharecast News) - The Bank of Canada has lowered interest rate for the seventh straight meeting but warned that its ongoing trade conflict with the US will likely increase price pressures.
Read moreBarclays downgrades European airlines
12th Mar 2025 13:33
(Sharecast News) - Barclays has downgraded Europe's flag carriers, including the owner of British Airways, on the back of potential weakness in the US market.
Read moreHelix Exploration says production from flagship project 'imminent'
12th Mar 2025 13:22
(Sharecast News) - Montana-focused helium development company Helix Exploration said it has acquired an additional well at the Rudyard Field as it continues to target first helium production this summer.
Read moreUS inflation slows more than expected
12th Mar 2025 12:17
(Sharecast News) - US inflation slowed more than expected in February, according to preliminary estimates released on Wednesday, with consumer prices rising just 0.2% - though cost pressures are likely to pick up in the months ahead as the impact of trade tariffs begins to set in.
Read moreNorthvolt files for bankruptcy in Sweden
12th Mar 2025 12:00
(Sharecast News) - Battery firm Northvolt has filed for bankruptcy in Sweden, it confirmed on Wednesday, effectively ending Europe's hopes of establishing a credible challenge to China.
Read moreTrade wars, political shocks pose risk to eurozone inflation - Lagarde
12th Mar 2025 11:57
(Sharecast News) - Hitting the eurozone's inflation target would become more difficult due to shocks such as trade tariffs and climate change European Central Bank president Christine Lagarde said on Monday.
Read moreKingswood drops after discounted take-private proposal from majority shareholder
12th Mar 2025 11:46
(Sharecast News) - Shares in Kingswood Holdings tumbled on Wednesday after a heavily discounted takeover proposal from its majority shareholder, with the financial advice firm now out of options before it runs out of cash by the end of the month.
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