Stock market news from ShareCast
Stock market reports
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Europe close: Stocks reel amid Italian budget stand-off, weakness overseas
Tue 23 October 2018 18:58
(Sharecast News) - Stocks fell sharply after the European Union rejected the Italian government's budget proposals and as investors try to front-run the risk of another leg lower in risk assets globally. -
London close: FTSE falls as risk appetite dims
Tue 23 October 2018 16:51
(Sharecast News) - London stocks stumbled on Tuesday as concerns about Brexit, Italy's budget and US-Saudi tensions dented investors' appetite for risk. -
US open: Heavy losses at the bell as geopolitical woes abound
Tue 23 October 2018 15:26
(Sharecast News) - Wall Street trading began with heavy losses on Tuesday, with traders taking their cues from big declines seen across Asia and Europe, as worries about US-Saudi relations and Italy's finances weighed on sentiment. -
Europe midday: Tech stocks trod underfoot as investors rush for the exit
Tue 23 October 2018 12:17
(Sharecast News) - Stocks are trading sharply lower ahead of the European Union's response to Italy's budget proposals later in the day and as investors try to front-run the risk of another leg lower in risk assets globally. -
Europe open: Cac and Dax setting new 52-week lows as risk aversion picks-up
Tue 23 October 2018 11:42
(Sharecast News) - Stocks are trading sharply lower ahead of the European Union's response to Italy's budget proposals later in the day and as investors try to front-run the risk of another leg lower in risk assets globally.
Press round-up
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Tuesday newspaper round-up: Netflix, Budget, tax-free shopping, Patisserie Valerie
Tue 23 October 2018 07:28
(Sharecast News) - Netflix has announced plans to raise a further $2bn (£1.5bn) in debt, adding to mounting long-term liabilities which now total more than $30bn. The US streaming service said the money raised will be used for a range of "general corpora -
Monday newspaper round-up: Energy bills, Hammond, Lloyd's of London, Debenhams
Mon 22 October 2018 07:20
(Sharecast News) - Around a third of dual fuel energy tariffs will leave customers paying more than the government's price cap when it takes effect at the end of the year. While ministers have promised that the cap will protect 11m households on poor-valu
Company news
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Helios & Matheson jumps over plan to spin off MoviePass
Tue 23 October 2018 16:09
(Sharecast News) - Shares in Helios & Matheson Analytics rocketed 81% after the company announced its plans to spin off its subsidiary MoviePass as a separate company. -
Bayer stumbles after Monsanto cancer decision reversed
Tue 23 October 2018 15:43
(Sharecast News) - Bayer stock fell on Tuesday after a US court rejected its Monsanto arm's appeal to overturn a jury verdict linking its Roundup weedkiller to cancer. -
Lloyds and Schroders to launch wealth management JV
Tue 23 October 2018 14:42
(Sharecast News) - Lloyds Banking Group and Schroders have announced plans to launch a financial planning business aimed at affluent customers. -
Wednesday preview: Barclays first to report from unloved banking sector
Tue 23 October 2018 13:45
(Sharecast News) - The UK banking sector is down 15% since the start of August and Wednesday sees Barclays kick off the sector's third-quarter reports. -
Biogen beats the Street on Spinraza growth
Tue 23 October 2018 13:33
(Sharecast News) - US biotech Biogen saw third-quarter profits come in ahead of analysts' estimates as a result of double-digit sales growth of its muscular atrophy treatment Spinraza.
Directors' dealings
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Director dealings: Essentra director ups stake
Tue 23 October 2018 14:41
(Sharecast News) - Essentra non-executive director Ralf Wunderlich purchased 10,000 ordinary shares in the FTSE-250 listed supplier of plastic and fibre products. -
Director dealings: Crest Nicholson chairman ups stake after profit warning
Mon 22 October 2018 16:17
(Sharecast News) - Crest Nicholson executive chairman Stephen Stone purchased 150,000 ordinary shares in the FTSE 250 housebuilder on Monday.
Sector review
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Sector movers: Oil&Gas falls to the bottom of the pile
Mon 22 October 2018 13:53
(Sharecast News) - Oil-related issues were at the bottom of the pile on Monday after Saudi oil minister, Khalid Al-Falih, said his country had no intention of repeating a scenario such as the 1973 oil embargo, when the Kingdom weaponised crude supplies fo -
Sector movers: Industrials and travel on the slide
Fri 19 October 2018 14:19
(Sharecast News) - A hodgepodge of sectors was lifted on the rising tide on Friday as investors bought the dip following recent losses, while several industrial related sectors and travel companies were noticeable on the downside.
Aim and small cap news
AIM bulletins
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Sopheon expands into health and wellness segment with contract win
Tue 23 October 2018 16:57
(Sharecast News) - Sopheon signed an agreement on Tuesday with The Nature's Bounty Co. for the enterprise-wide deployment of its Accolade software. -
Corero receives $1m in fresh orders
Tue 23 October 2018 16:02
(Sharecast News) - Corero Network Security announced a $0.6m order for its 100Gbps 'SmartWall' threat defense system technology with an unnamed global cloud security company on Tuesday, as well as a $0.4m expansion order for its 10Gbps SmartWall technolog -
Collagen Solutions sees good uptick in revenue
Tue 23 October 2018 15:22
(Sharecast News) - Medical grade collagen-based biomaterials manufacturer Collagen Solutions updated the market on its trading for the six months ended 30 September on Tuesday, reporting that revenue and other income was expected to be £2.10m. -
Blue Star extends exclusivity agreement over potential SatoshiPay acquisiton
Tue 23 October 2018 15:20
(Sharecast News) - Technology-focussed investing company Blue Star Capital updated the market on the heads of terms entered into with SatoshiPay in July on Tuesday. -
Coral Products sees improved performance in first five months
Tue 23 October 2018 14:23
(Sharecast News) - Investors in Coral Products heard how the company had seen an improved performance in the new year on Tuesday, as they gathered for its annual general meeting.
Small cap bulletins
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Communisis agrees to £154m takeover offer from OSG Group
Tue 23 October 2018 13:11
(Sharecast News) - Communications and marketing group Communisis has agreed to a £153.8m takeover offer from US-based billing and payment solutions firm OSG Group. -
Bloomsbury grows underlying profit as adult books fly off shelves
Tue 23 October 2018 10:20
(Sharecast News) - Bloomsbury Publishing grew underlying profits 13% in the first half of its financial year as revenues were boosted by books by Kamila Shamsie, Anthony Bourdain and continued sales of 'Harry Potter' books.