Stock market news from ShareCast
Europe close: Stocks edge up in light trading, mood more restrained
Fri 27 November 2020 16:45
(Sharecast News) - European shares meandered higher at the end of the week, with a weaker London market dragging on sentiment throughout much of the session as the UK government unveiled tough new post-lockdown measures.
London close: Stocks close higher after relatively quiet Friday
Fri 27 November 2020 16:16
(Sharecast News) - London stocks managed to break through the waterline to close marginally higher on Friday, as investors mulled the economic impact of coronavirus restrictions following news on England's post-lockdown tiers.
US open: Stocks advance in holiday-shortened session
Fri 27 November 2020 15:21
(Sharecast News) - Wall Street stocks opened higher on Friday's shortened session after traders took a day off to celebrate Thanksgiving.
Asia report: Most markets higher as China industrial profits surge
Fri 27 November 2020 10:54
(Sharecast News) - Most markets in Asia finished higher on Friday, as investors digested the latest manufacturing data from China, and watched for the latest developments in the ongoing Covid-19 pandemic.
London midday: Stocks drift lower as investors digest Covid tiers
Fri 27 November 2020 10:37
(Sharecast News) - London stocks were off earlier lows but still a little weaker by midday on Friday as investors mulled the economic impact of coronavirus restrictions following news on England's post-lockdown tiers.
Friday newspaper round-up: Black Friday, tech regulator, pensions, Royal Mail
Fri 27 November 2020 07:29
(Sharecast News) - Black Friday is expected to smash online sales records this year as struggling retailers slash prices in a desperate attempt to drum up trade after a lost November on the high street. The discount day has become the biggest shopping eve
Thursday newspaper round-up: Eurostar, pub chains, Bell Pottinger
Thu 26 November 2020 07:28
(Sharecast News) - The government will launch a "levelling-up fund" for England worth £4bn to support towns and communities with regeneration projects, Rishi Sunak has said. The chancellor used his spending review statement to announce details of the new
Biogen and Sage ink $1.5bn deal to develop anti-depression treatments
Fri 27 November 2020 13:34
(Sharecast News) - Biogen has inked a deal with Sage Therapeutics to jointly develop and sell potentially "breakthrough" treatments for major depressive and movement disorders in the US.
US agency to probe 115,000 Tesla vehicles
Fri 27 November 2020 12:02
(Sharecast News) - US automobile safety officials on Friday said they had opened an investigation into 115,0000 Tesla vehicles over safety issues linked to their suspension systems.
Arcadia confirms looking at 'contingency options' as Covid hammers sales
Fri 27 November 2020 11:44
(Sharecast News) - Top Shop owner Arcadia said it was looking at a number of options to save the future of its brands after reports on Friday suggested the retail group could was teetering on the edge of administration.
Indivior tumbles as Reckitt Benckiser makes £1bn claim
Fri 27 November 2020 11:44
(Sharecast News) - Indivior shares tumbled on Friday after the opioid addiction treatment maker said it had been made aware of a £1.07bn claim against it by consumer goods company Reckitt Benckiser.
CMA to announce plans to limit power of tech giants in UK
Fri 27 November 2020 10:05
(Sharecast News) - The Competition and Markets Authority is set to announce plans to limit the power of Google, Facebook and other tech giants to allow space for competition for smaller businesses.
Director dealings: Eckoh CEO raises stake
Fri 27 November 2020 15:44
(Sharecast News) - Eckoh revealed on Friday that chief executive officer Nicholas Philpot had acquired 25,000 ordinary shares in the AIM-listed secure payments provider.
Director dealings: Coats' chairman-designate makes share purchase
Thu 26 November 2020 15:02
(Sharecast News) - Coats Group revealed on Thursday that non-executive director David Gosnell had acquired 140,105 ordinary shares in the FTSE 250-listed industrial threads manufacturer.
Sector movers: Health Care stocks and Banks pace gains
Fri 27 November 2020 16:29
(Sharecast News) - Shares of those firms that are more insulated from fallout of the Covid-19 pandemic paced gains at the end of the week, after the government unveiled a stricter tiered system that would take effect when the latest national lockdown ends
Sector movers: Gains in Oil and Defence help offset weakness in Pharma
Mon 23 November 2020 23:14
(Sharecast News) - Oil and Defence stocks were among the strongest areas of the market at the start of the week buoyed by hopes that a prompt rollout of Covid-19 vaccines might offset the near-term risks to growth from the second wave of the pandemic, and
Caribbean Investment purchase of Scotiabank Belize get approval
Fri 27 November 2020 15:09
(Sharecast News) - Caribbean Investment Holdings announced on Friday that the proposed purchase of Scotiabank Belize (SBL) from Scotiabank Caribbean, a subsidiary of the Bank of Nova Scotia, for an initial purchase price of up to $30.5m, has been approved
Haydale upbeat on fabric mask development project
Fri 27 November 2020 14:48
(Sharecast News) - Advanced materials company Haydale announced on Friday that IRPC had completed the development project with the firm, and started production of its new washable functionalised graphene-enhanced fabric mask.
Randall & Quilter agrees purchase of Bermuda captive insurance firm
Fri 27 November 2020 14:35
(Sharecast News) - Specialty insurance company Randall & Quilter announced on Friday that its wholly-owned subsidiary R&Q Re Bermuda, has entered into a stock purchase agreement to acquire a Bermuda-domiciled captive insurance company.
Covid-19 measures add costs to Bahamas Petroleum well
Fri 27 November 2020 13:53
(Sharecast News) - Caribbean and Atlantic margins-focussed oil and gas company Bahamas Petroleum updated the market on cost estimates and funding arrangements for well operations in the Bahamas on Friday, reporting that the sustained impact of Covid-19 me
Edenville flags delay to Rukwa handover as it faces cash crisis
Fri 27 November 2020 12:25
(Sharecast News) - Edenville Energy, which operates the Rukwa Coal Project in southwest Tanzania, updated the market on its operations on Friday, reporting that the mine was continuing to fulfil its pre-purchase orders.
Motorpoint drives up profits despite lockdown
Thu 26 November 2020 08:00
(Sharecast News) - Motorpoint reported a rise in interim profits on Thursday, after pent-up demand and a surge in online sales helped offset trading losses incurred during the first national lockdown.
Keller continues to outperform market expectations
Thu 19 November 2020 08:09
(Sharecast News) - Geotechnical specialist Keller said on Thursday that it expects to outperform current market expectations for 2020.