News Archive
Third-quarter earnings beat forecasts at Blackstone
17th Oct 2024 12:29
(Sharecast News) - Blackstone's third-quarter numbers came in ahead of Wall Street forecasts on Thursday, after the alternative investment giant posting a jump in earnings and assets under management.
Read moreUS initial jobless claims fall from 14-month high
17th Oct 2024 12:12
(Sharecast News) - Americans lined up for unemployment benefits at a decelerated pace in the week ended 12 October, according to the Labor Department, down from a 14-month high in the previous week.
Read moreEurope midday: Stocks extend gains as inflation falls ahead of ECB decision
17th Oct 2024 12:08
(Sharecast News) - Stock markets rose strongly on Thursday after a lower-than-expected inflation print reinforced expectations of an interest-rate cut from the European Central Bank later on.
Read moreEmpiric Student Property raises £56.1m to fund acquisitions, refurbishments
17th Oct 2024 12:07
(Sharecast News) - Empiric Student Property has successfully raised £56.1m, it announced on Thursday, to help it fund acquisitions and refurbishments.
Read moreUS pre-open: Futures higher as investors await fresh batch of economic data
17th Oct 2024 11:20
(Sharecast News) - Wall Street futures were pointing to a positive start to trading ahead of the bell on Thursday as market participants awaited a fresh batch of economic data.
Read moreArbuthnot Banking Group reports solid third-quarter growth
17th Oct 2024 11:01
(Sharecast News) - Arbuthnot Banking Group reported solid third-quarter growth in an update on Thursday, with customer deposits rising to £3.8bn, up from £3.5bn a year earlier, and customer loans increasing to £2.5bn from £2.3bn.
Read moreNokia outlook disappoints as Q3 sales fall
17th Oct 2024 10:46
(Sharecast News) - Shares in Nokia fell on Thursday after the Finnish telecoms giant disappointed with earnings guidance for the full year amid "ongoing market weakness".
Read moreLondon midday: Stocks push higher as Rentokil, Entain gain; ECB eyed
17th Oct 2024 10:42
(Sharecast News) - London stocks had pushed higher by midday on Thursday, helped along by solid performances from the likes of Rentokil and Entain, as investors eyed an expected rate cut by the European Central Bank.
Read moreEurozone inflation revised lower, reinforcing calls for ECB rate cut
17th Oct 2024 10:32
(Sharecast News) - Eurozone inflation figures for September were revised lower on Thursday, falling further below the European Central Bank's target of 2% to levels not seen since April 2021.
Read moreECB cuts rates to 3.25%, as expected
17th Oct 2024 10:22
(Sharecast News) - The European Central Bank cut interest rates on Thursday for the third time this year, as expected.
Read moreAsia report: Chinese property sector leads regional losses
17th Oct 2024 10:11
(Sharecast News) - Most Asia-Pacific markets declined on Thursday, with China's property sector leading the fall after a housing ministry briefing failed to reassure investors.
Read morePublicis lifts full-year revenue outlook
17th Oct 2024 09:37
(Sharecast News) - French advertising group Publicis lifted its full-year organic revenue forecast on Thursday despite a "challenging" macro environment, as it reported a jump in third-quarter revenues.
Read moreCanaccord Genuity downgrades Plus500 to 'hold'
17th Oct 2024 09:27
(Sharecast News) - Analysts at Canaccord Genuity downgraded capital markets business Plus500 from 'speculative buy' to 'hold' on Thursday but hiked their target price on the stock from 1,883.0p to 2,650.0p ahead of the group's Q3 trading update on 28 October.
Read moreRathbones funds under management stable
17th Oct 2024 09:23
(Sharecast News) - Rathbones Group reported a stable level of funds under management and administration (FUMA) on Thursday, of £108.8bn as at 30 September, marginally down from £108.9bn at the end of June.
Read morePernod Ricard reports 'slow start' as Chinese sales tank
17th Oct 2024 09:23
(Sharecast News) - French wine and spirits group Pernod Ricard reported a "slow start" to the new financial year, with organic sales falling on the back of ongoing weakness in China as well as the US.
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