News Archive
Evoke returns to growth for first time in seven quarters
18th Oct 2024 07:53
(Sharecast News) - Gambling and gaming company Evoke has registered its first quarter of year-on-year growth for the first time since early 2022, helped by double-digit growth online in its core markets.
Read moreCiti downgrades Bunzl to 'neutral' from 'buy'
18th Oct 2024 07:43
(Sharecast News) - Citi downgraded Bunzl on Friday to 'neutral' from 'buy' after a run-up in the shares, but kept its 3,700p price target.
Read moreIofina crystalline iodine production grows in Q3
18th Oct 2024 07:41
(Sharecast News) - Chemicals business Iofina said on Friday that it had produced 168.9 metric tonnes of crystalline iodine from its six IOsorb plants in Western Oklahoma during Q3, up from 156.9mt a year earlier.
Read moreLondon pre-open: Stocks seen down after China GDP; UK retail sales in focus
18th Oct 2024 07:37
(Sharecast News) - London stocks were set to fall at the open on Friday after data showed that economic growth in China slowed, and as investors mulled better-than-expected UK retail sales figures.
Read moreChina's economic growth slows in third quarter
18th Oct 2024 07:35
(Sharecast News) - China's faltering economic growth slowed in the last quarter, official data released on Friday showed, although the slowdown was not as steep as feared.
Read moreFriday newspaper round-up: Post Office, bankers' bonuses, new job ads
18th Oct 2024 07:24
(Sharecast News) - Rachel Reeves, the chancellor, is taking action to ensure her budget plan for a multibillion-pound increase in government borrowing to fund infrastructure projects avoids a Liz Truss-style meltdown in financial markets. Ahead of her tax and spending event on 30 October, the chancellor is convening on Friday the first meeting of a taskforce of leading City figures to advise on infrastructure projects. The government will also launch a watchdog to oversee public works and ensure value for money for the taxpayer. - Guardian
Read moreBAT moves closer to settling tobacco litigation in Canada
18th Oct 2024 07:20
(Sharecast News) - British American Tobacco has announced that it is nearing a potential settlement regarding outstanding tobacco litigation in Canada after a five-year-long legal process involving its subsidiary Imperial Tobacco Canada Limited (ITCAN).
Read moreFuture CEO Jon Steinberg to step down next year
18th Oct 2024 07:19
(Sharecast News) - Future said on Friday that chief executive Jon Steinberg plans to step down from the board later next year to relocate back to the US with his family, sending shares in the media group tumbling.
Read more4imprint appoints new CFO designate
18th Oct 2024 07:19
(Sharecast News) - Promotional merchandise manufacturer 4imprint has appointed a chief financial officer designate to replace current CFO David Seekings who will retire from his role next year.
Read moreUK retail sales beat expectations - ONS
18th Oct 2024 07:00
(Sharecast News) - UK retail sales ticked higher in September, beating expectations, as consumers splashed out on technology, official data showed on Friday.
Read moreUS close: Markets mixed but Dow hits another record
17th Oct 2024 22:08
(Sharecast News) - Wall Street's three main equity indices finished in mixed fashion on Thursday as investors digested a flurry of economic data, but the Dow managed to eke out another all-time high.
Read moreEurope close: Stocks jump as ECB cuts rates, inflation falls
17th Oct 2024 16:29
(Sharecast News) - European stocks finished with strong gains on Thursday after the European Central Bank cut interest rates for the third time this year and gave dovish comments about the policy outlook, while inflation data showed that price pressures eased more than expected last month.
Read moreBerenberg slightly raises target price on Quilter
17th Oct 2024 16:03
(Sharecast News) - Analysts at Berenberg slightly raised their target price on wealth management firm Quilter from 135.0p to 140.0p on Thursday, stating Q3 had been "a stellar quarter" for flows.
Read moreUS industrial production falls as strikes, hurricanes hit output
17th Oct 2024 16:00
(Sharecast News) - Industrial production in the US retreated in September, falling more than expected, according to data from the Federal Reserve on Thursday.
Read moreLondon close: Stocks make gains as ECB cuts rates
17th Oct 2024 15:21
(Sharecast News) - London stocks ended higher on Thursday, buoyed by strong gains in Rentokil and Entain, as investors digested the European Central Bank's rate cut and a wave of economic data from the US.
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