Stock market news from ShareCast
US close: Dow nears record high as bond yields continue to retreat
Fri 01 December 2023 21:24
(Sharecast News) - US stocks put in decent gains on Friday with the Dow rising to its highest in nearly two years as bond yields continued to slump on the back of rising hopes that the Federal Reserve may cut interest rates earlier than expected.
London close: Stocks rise on flurry of manufacturing data
Fri 01 December 2023 17:39
(Sharecast News) - London stocks closed positively on Friday, with miners playing a pivotal role following broker upgrades and optimistic Chinese manufacturing data.
Europe close: Stocks hit four-month high on improving data, rate-cut hopes
Fri 01 December 2023 15:58
(Sharecast News) - European stock markets have kicked off December with a bang, rising over 1% on the back of improving economic data and rising hopes that a European Central Bank (ECB) rate cut could be on the cards.
US open: Stocks mixed to start December trading
Fri 01 December 2023 15:20
(Sharecast News) - Wall Street stocks were mixed at the opening bell on Friday after the blue-cup Dow Jones notched its best month in over a year and traders looked ahead to comments from Fed head Jerome Powell.
Europe midday: Stocks continue to rally as manufacturing PMIs beat forecasts
Fri 01 December 2023 11:02
(Sharecast News) - A raft of better-than-expected manufacturing data lifted European stocks on Friday with the Stoxx 600 index trading at its highest levels in four months.
Sunday newspaper round-up: 888 Holdings, Cop28, PwC...
Sun 03 December 2023 13:26
(Sharecast News) - The owner of betting giant William Hill was the target of a £700 million swoop by gambling tech provider Playtech, The Sunday Times can disclose. FTSE 250 company Playtech made a written indicative approach to acquire William Hill owne
Friday newspaper round-up: Rail disruption, gambling firms, Twitter
Fri 01 December 2023 07:23
(Sharecast News) - Another nine days of disruption for rail passengers has begun as train drivers in the Aslef union start an overtime ban and a series of rolling strikes halting services across Britain, in a long-running dispute over pay. Drivers will be
T42 partners with Sateliot for container tracking solution
Fri 01 December 2023 12:11
(Sharecast News) - T42 IoT Tracking Solutions announced on Friday that it was joining forces with Sateliot IOT Services to enhance its connected container offerings.
Capricorn Energy full-year production to miss current forecasts
Fri 01 December 2023 08:43
(Sharecast News) - Capricorn Energy said in a trading update on Friday that at the end of October, its working interest production across the four main concession areas in the Western Desert had averaged 30,600 barrels of oil equivalent per day (boepd), w
Ceres Power warns on revenues, shares tank
Fri 01 December 2023 08:36
(Sharecast News) - Ceres Power tanked on Friday after warning on full-year revenues, as it conceded it was unlikely to sign new deals in time for the revenue to be recognised in 2023.
China factory activity picks up in November
Fri 01 December 2023 08:03
(Sharecast News) - Factory activity in China picked up in November, according to figures released on Friday.
AstraZeneca calls off two phase III trials into hyperkalaemia treatment
Fri 01 December 2023 08:01
(Sharecast News) - Drugmaker AstraZeneca has called off two phase III trials on its hyperkalaemia treatment after a series of logistical challenges.
Director dealings: Gelion founder ups stake
Fri 01 December 2023 16:28
(Sharecast News) - Gelion revealed on Friday that non-executive director Thomas Maschmeyer had acquired 565,500 ordinary shares in the AIM-listed battery group.
Director dealings: Mercia Asset Management CFO raises stake
Thu 30 November 2023 14:41
(Sharecast News) - Mercia Asset Management revealed on Thursday that chief financial officer Martin Glanfield had acquired 145,829 ordinary shares in the AIM-listed asset manager.
Sector movers: UK stocks end bumper month of November on mixed note
Fri 01 December 2023 00:57
(Sharecast News) - UK stocks closed off a very positive month of November with a whimper despite the release of slightly better-than-expected inflation data in the U.S. that some analysts said backed up expectations for interest rate cuts on either side o
Sector movers: Precious metals miners jump as bond yields extend move lower
Wed 29 November 2023 20:25
(Sharecast News) - UK stocks underperformed peers on either side of the Atlantic on a mixed day for London's main market indices.
Orcadian Energy extends Pilot farm-out deadline
Fri 01 December 2023 13:41
(Sharecast News) - Orcadian Energy updated the market on the potential farm-out of the Pilot development project on Friday, agreeing to extend the deadline for executing definitive documentation with the potential operator.
Brand Architekts takes over Mr Haircare as part of settlement
Fri 01 December 2023 13:34
(Sharecast News) - Brand Architekts updated the market on Friday on the resolution of its legal dispute with Jamie Stevens Media (JSML), its joint venture partner and co-shareholder in Mr Haircare.
Agronomics investee Liberation gets USDA-backed financing
Fri 01 December 2023 12:03
(Sharecast News) - Cellular agriculture investor Agronomics announced a significant step in constructing and finalising Liberation Labs' biomanufacturing facility in Indiana on Friday.
Proteome Sciences issues profit warning after project delays
Fri 01 December 2023 12:01
(Sharecast News) - Proteome Sciences, the AIM-listed protein sequencing contract research organisation, has warned it will swing to a net loss this year with full-year sales lower than expected.
ADM Energy looking at options for Aje Field
Fri 01 December 2023 11:54
(Sharecast News) - Natural resources investor ADM Energy announced on Friday that it has completed an internal review of its investments, financial resources, and future opportunities.
James Halstead delivers 'improved' YTD output and profits
Fri 01 December 2023 09:01
(Sharecast News) - Commercial floor coverings group James Halstead said on Friday that it had experienced "improved output and profits" year-to-date.
Ethernity Networks shares bounce 200% after contract win
Wed 29 November 2023 09:52
(Sharecast News) - The share price for AIM-listed Ethernity Networks trebled on Wednesday after the Israel-based semiconductor group won a "significant" contract worth $800,000.