Stock market news from ShareCast

Stock market reports

• Europe close: Stocks slip after data shows US jobs market still running hot
  Fri 05 August 2022 18:12
  (Sharecast News) - European shares were mostly in the red on Friday as investors digested a far stronger-than-expected US payrolls report.
• London close: Investors and analysts cautious after 'sizzling' US jobs report
  Fri 05 August 2022 16:55
  (Sharecast News) - For investors who had grown accustomed to market conditions where 'bad news' on the economy was 'good news' for stocks, Friday's much stronger-than-expected reading on the US jobs proved a disappointment.
• FTSE 250 movers: Tullow gushes higher despite well abandonment
  Fri 05 August 2022 15:24
  (Sharecast News) - The FTSE 250 was down 0.42% at 20,071.24 at 1526 BST.
• US open: Stocks head south following NFP data
  Fri 05 August 2022 14:43
  (Sharecast News) - Wall Street stocks headed south early on Friday as market participants digested a key jobs report.
• Asia report: Stocks rise as RBA hikes inflation forecast
  Fri 05 August 2022 11:53
  (Sharecast News) - Stock markets closed higher in Asia on Friday, as investors brushed off ongoing military drills being carried out by China in an apparent response to US House Speaker Nancy Pelosi's visit to Taiwan earlier in the week.

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Press round-up

• Sunday newspaper round-up: Globalisation, Bank of England, Next
  Sun 07 August 2022 15:32
  (Sharecast News) - The Bank of England has blamed, not without reason, Vladimir Putin's murderous invasion of Ukraine and the attendant energy price shock for much of the current spike in prices. Yet any chief executive worthy of the job should be prepari
• Friday newspaper round-up: Twitter, Diageo, Meta
  Fri 05 August 2022 07:23
  (Sharecast News) - British taxpayers are now shareholders in a further 65 companies because of a government rescue funding scheme set up during the Covid crisis - including a medical cannabis firm, a video game studio and a chain of bars offering activiti

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Company news

• Amazon to buy Roomba robot vacuum maker iRobot in $1.7bn deal
  Fri 05 August 2022 13:44
  (Sharecast News) - Amazon said on Friday that it has agreed to buy iRobot in a $1.7bn cash deal.
• Pendragon terminates potential takeover talks
  Fri 05 August 2022 08:14
  (Sharecast News) - Car dealership Pendragon said on Friday that it has terminated potential takeover talks after one of its shareholders failed to engage with the proposal.
• Tullow Oil plugs and abandons well offshore Guyana
  Fri 05 August 2022 08:02
  (Sharecast News) - Tullow Oil said on Friday that it has plugged and abandoned an exploration well offshore Guyana.
• LSE announces £750m share buyback as H1 profits rise
  Fri 05 August 2022 07:56
  (Sharecast News) - London Stock Exchange announced the launch of a £750m share buyback on Friday as it posted a jump in first-half profit and lifted its dividend.
• Hargreaves Lansdown AuM fall on weaker investor sentiment
  Fri 05 August 2022 07:24
  (Sharecast News) - Hargreaves Lansdown reported a fall in assets under management for the full year as the war in Ukraine, inflation and cost-of-living crisis shook investor confidence.

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Directors' dealings

• Director dealings: JLEN chair spends £76k on shares
  Fri 05 August 2022 13:13
  (Sharecast News) - JLEN Environmental Assets disclosed a director purchase worth over £76k on Friday, made by its non-executive chair.
• Director dealings: Robert Walters non-execs named in two transactions
  Thu 04 August 2022 16:07
  (Sharecast News) - Specialist recruiter Robert Walters disclosed two director buys on Thursday, with the first being the wife of non-executive director Matt Ashley.

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Sector review

• Sector movers: Home construction stocks pace losses
  Tue 02 August 2022 14:13
  (Sharecast News) - Home construction stocks paced losses on the FSTE 350 on Tuesday after a closely-followed survey revealed a smaller-than-expected gain in house prices for July.
• Sector movers: Commodity names slip after weak Asian PMIs
  Mon 01 August 2022 11:09
  (Sharecast News) - Oil and Gas, as well as Industrial Metals names were under pressure at the start of the month following the release of weaker-than-expected readings on Chinese manufacturing during the month of July.

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Aim and small cap news

AIM bulletins

• Proteome reaches milestone in launch of proteomics service
  Wed 03 August 2022 15:33
  (Sharecast News) - Proteome Sciences has completed its next milestone towards the launch of 'single cell proteomics' services, it announced on Wednesday, dubbed 'SysQuant SCP'.
• Orcadian strikes farm-out deal with Carrick Resources
  Wed 03 August 2022 15:28
  (Sharecast News) - North Sea-focussed oil and gas developer Orcadian Energy has executed a formal agreement with Carrick Resources for a sub-area of licence P2320, it announced on Wednesday, which covers the Carra prospect.
• First Property leases another 9pc of Gdynia office building
  Wed 03 August 2022 15:18
  (Sharecast News) - Property fund manager and investor First Property Group has leased a further 1,115 square metres, or 9% of the net internal area, of its office building in Gdynia, Poland, it announced on Wednesday.
• Premier African Minerals finalises prepayment deal, receives funds
  Wed 03 August 2022 15:12
  (Sharecast News) - Premier African Minerals has concluded the definitive transaction documents of the marketing and prepayment agreement it announced on 24 June, it said on Wednesday.
• Kefi reports further licensing progress in Saudi Arabia
  Wed 03 August 2022 13:23
  (Sharecast News) - Ethiopia and Saudi Arabia-focussed gold and copper explorer and developer Kefi announced positive licensing progress on the Jibal Qutman project on Wednesday, as well as the award of two further exploration licences through its Gold and

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Small cap bulletins

• SCS Group profits seen ahead of FY expectations
  Thu 04 August 2022 09:42
  (Sharecast News) - Furniture and floorings retailer SCS Group said on Thursday that full-year profits had come in ahead of market expectations thanks to positive trading, strong margins, and effective cost management.
• AG Barr LFL revenues rise in H1
  Tue 02 August 2022 10:07
  (Sharecast News) - Drinks maker AG Barr said on Tuesday that interim revenues were expected to be approximately £157.0m, representing 19% like-for-like growth in revenues and a 16% rise on a reported revenue basis.

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