News Archive
London open: FTSE rallies after bumper US rate cut; BoE in focus
19th Sep 2024 07:55
(Sharecast News) - London stocks rallied in early trade on Thursday as investors mulled a bumper rate cut from the US Federal Reserve and eyed the latest policy announcement from the Bank of England.
Read moreBytes Technology hails strong first-half trading
19th Sep 2024 07:48
(Sharecast News) - Bytes Technology said on Wednesday that trading has remained strong since it updated the market at its annual meeting in July.
Read moreCapricorn Energy delivers upbeat outlook, keeps FY guidance
19th Sep 2024 07:48
(Sharecast News) - Capricorn Energy shares jumped on Thursday after the British oil and gas group impressed with its first-half results and reiterated its full-year production guidance.
Read moreBerenberg starts coverage of Ashtead at 'buy', shares jump
19th Sep 2024 07:34
(Sharecast News) - Berenberg initiated coverage of equipment rental firm Ashtead on Thursday with a 'buy' rating and 7,000p price target.
Read moreLondon pre-open: Stocks seen up as Fed cuts rate by 50 basis points; BoE eyed
19th Sep 2024 07:32
(Sharecast News) - London stocks were set to gain at the open on Thursday after the US Federal Reserve cut rates by 50 basis points and as investors eyed the latest policy announcement from the Bank of England.
Read moreClose Brothers reports solid full-year growth
19th Sep 2024 07:30
(Sharecast News) - Close Brothers announced an agreement to sell its wealth management subsidiary, Close Brothers Asset Management (CBAM), to funds managed by Oaktree Capital Management, for an equity value of up to £200m on Thursday, alongside a solid set of full-year results.
Read moreThursday newspaper round-up: Boeing, zero-hours contracts, voluntary insolvencies
19th Sep 2024 07:25
(Sharecast News) - Boeing's CEO said on Wednesday that the company would begin furloughing "a large number" of employees to conserve cash during the strike by union machinists that began last week. The chief executive, Kelly Ortberg, said the layoffs would be temporary and affect executives, managers and other employees. - Guardian
Read moreBabcock holds guidance as underlying profits rise
19th Sep 2024 07:24
(Sharecast News) - UK defence company Babcock held annual guidance as underlying profit rose in the first five months of the financial year.
Read moreJudges Scientific earnings fall in challenging first half
19th Sep 2024 07:19
(Sharecast News) - Judges Scientific, a specialist in acquiring and developing scientific instrument companies, reported a decline in first-half profits on Thursday amid subdued trading conditions and challenging market environments, while it bolstered its shareholder return with a 10% increase in its interim dividend.
Read moreOcado lifts full-year guidance as Q3 revenues jump
19th Sep 2024 07:14
(Sharecast News) - Online grocer and logistics group Ocado has upgraded its revenue guidance for its retail division following a strong third-quarter performance which saw revenues jump as both customer numbers and the number of orders rose.
Read moreNext lifts profit guidance again as sales soar
19th Sep 2024 07:04
(Sharecast News) - UK clothing retailer Next once again upgraded annual earnings guidance, with full year profits now expected to hit almost £1bn as recent full price sales "materially exceeded" forecasts.
Read moreUS close: Stocks fall, markets choppy as Fed slashes interest rates by 50bp
18th Sep 2024 22:00
(Sharecast News) - US stock markets finished a memorable day in the red on Wednesday as the Federal Reserve made its biggest cut to interest rates in 16 years.
Read moreNewRiver REIT agrees terms for possible purchase of Capital & Regional
18th Sep 2024 21:22
(Sharecast News) - NewRiver REIT reached a potential agreement to acquire Capital & Regional in a cash and share transaction.
Read moreSector movers: Precious metals miners dip ahead of Fed decision
18th Sep 2024 20:55
(Sharecast News) - Stocks fell in the middle of the week with investors opting to sit on their hands ahead of the US central bank's interest rate decision scheduled for later.
Read moreFederal Reserve cuts rates by 50bp Bowman dissents
18th Sep 2024 20:03
(Sharecast News) - The US central bank surprised markets with a half percentage point interest rate cut.
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