News Archive
RBC Capital downgrades Intertek to 'sector perform'
21st Oct 2024 07:17
(Sharecast News) - RBC Capital Markets downgraded Intertek on Monday to 'sector perform' from 'outperform' and cut the price target to 5,000p from 5,200p.
Read moreBuyers' market as number of homes put up for sale soars - Rightmove
21st Oct 2024 07:15
(Sharecast News) - The number of homes being put up for sale surged in October, industry research showed on Monday, holding back selling prices.
Read moreTuesday preview: Investors await IHG update, central banker comments
21st Oct 2024 07:12
(Sharecast News) - A third-quarter trading update from InterContinental Hotels Group will take centre stage on Tuesday, with the corporate earnings and economic data calendars relatively quiet.
Read moreAstraZeneca's nerve damage treatment recommended for approval in EU
21st Oct 2024 07:10
(Sharecast News) - Pharma titan AstraZeneca has announced that its Wainzua nerve damage treatment has been recommended for approval in the EU.
Read moreSunday newspaper round-up: Bond investors, Reckitt Benckiser, Tate&Lyle
20th Oct 2024 11:33
(Sharecast News) - Government bond investors are signalling to the Chancellor that her plans for an additional £80bn of debt will not trigger and Liz-Truss style panic. But that will only hold true if she first establishes clear annual expenditure plans and lays out the economic case for the projects that she wants to fund. The new borrowing would be on top of spending cuts and tax hikes needed to fill a £22bn hole in the country's finances. Chief secretary to the Treasury, Darren Jones, has promised that "independent checks and balances" will be instituted to ensure value for money. - The Sunday Times
Read moreUS close: Dow, S&P 500 set new records as earnings impress
18th Oct 2024 23:35
(Sharecast News) - US stocks rose slightly on Friday but gains were enough to lift both the S&P 500 and Dow to new record highs, as investors digested a barrage of corporate earnings, including a bumper set of results from streaming giant Netflix.
Read moreEurope close: Speculation around Chinese stimulus lifts stocks
18th Oct 2024 18:21
(Sharecast News) - European stocks finished mostly higher on Friday, with indices close to record highs following an interest-rate cut in the previous session.
Read moreBroker tips: Rio Tinto, Bunzl
18th Oct 2024 16:24
(Sharecast News) - Analysts at Berenberg lowered their target price on mining giant Rio Tinto from 6,200.0p to 6,000.0p on Friday following the group's Q3 operational review.
Read moreSpirit furloughs 700 workers as Boeing strike enters sixth week
18th Oct 2024 15:45
(Sharecast News) - Aerostructures manufacturer Spirit AeroSystems announced on Friday that it will furlough roughly 700 workers as a strike by Boeing machinists entered its sixth week.
Read moreDirector dealings: Severn Trent director lowers stake
18th Oct 2024 15:43
(Sharecast News) - Severn Trent revealed on Friday that director Helen Miles had disposed of 18,472 ordinary shares in the FTSE 100-listed water company.
Read moreLondon close: Stocks finish week on mixed note
18th Oct 2024 15:20
(Sharecast News) - London's stock markets closed with mixed results on Friday, reflecting a cautious mood as investors reacted to economic growth data out of China, as well as an improvement in UK retail sales.
Read moreUS open: Stocks mixed as traders continue to assess Q3 earnings
18th Oct 2024 14:46
(Sharecast News) - Wall Street trading got off to a mixed start on Friday as market participants continued to thumb over corporate earnings.
Read moreRed Rock Resources reports progress in Cote d'Ivoire
18th Oct 2024 14:40
(Sharecast News) - Red Rock Resources, a natural resource development company with interests in gold and base metals across Africa and Australia, updated the market on its exploration activities in Côte d'Ivoire on Friday.
Read moreBushveld offloads Lemur interest after DBSA approval
18th Oct 2024 14:38
(Sharecast News) - Bushveld Minerals announced the completion of the disposal of its interest in Lemur Holdings on Friday, following approval from the Development Bank of South Africa (DBSA).
Read moreFTSE 250 movers: Future tumbles on CEO departure; Bellway drops
18th Oct 2024 14:24
(Sharecast News) - London's FTSE 250 was down 0.2% at 21,068.81 in afternoon trade on Friday.
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