News Archive
US close: Stocks mixed on macro fears after weak GDP data
30th Apr 2025 21:56
(Sharecast News) - US stock markets finished mixed on Wednesday, with the Dow and S&P 500 extending their recent rally into the seventh day and the Nasdaq finishing lower, as investors digested gloomy data and a long list of corporate earnings.
Read moreBerenberg reiterates 'buy' rating on Warpaint London
30th Apr 2025 16:39
(Sharecast News) - Analysts at Berenberg reiterated their 'buy' rating and 700.0p target price on makeup business Warpaint London on Wednesday, stating it was confident in the group's outlook despite Q1 turbulence.
Read moreDirector dealings: Gym Group CEO raises stake
30th Apr 2025 15:29
(Sharecast News) - The Gym Group revealed on Wednesday that chief executive Will Orr had acquired 14,385 ordinary shares in the London-listed fitness clubs operator.
Read moreFTSE 250 movers: Genus soars on FDA green light; Mobico tanks again
30th Apr 2025 15:26
(Sharecast News) - FTSE 250 (MCX) 19,755.34 -0.27%
Read moreEurope close: Markets rise for seventh session after strong GDP, earnings
30th Apr 2025 15:25
(Sharecast News) - Europe's Stoxx 600 index made gains for the seventh straight day on Wednesday amid a barrage of corporate earnings, after data pointed to stronger-than-expected GDP growth across the region.
Read moreUS open: Stocks head south following Q1 GDP contraction
30th Apr 2025 15:18
(Sharecast News) - Major indices were in the red early on Wednesday after an advance estimate revealed the that US economy had contracted in Q125.
Read moreNovartis to buy US biopharma outfit Regulus for up to $1.7bn
30th Apr 2025 15:08
(Sharecast News) - Swiss pharma giant Novartis announced on Wednesday that it is to buy American clinical-stage biopharma firm Regulus for up to $1.7bn, bolstering its position in the renal disease treatment market.
Read moreLondon close: Stocks finish higher as US economy contracts
30th Apr 2025 14:52
(Sharecast News) - London stocks extended their gains on Wednesday, after fresh data from the US showed a slowing in consumer price growth, alongside the country's first economic contraction since 2022.
Read moreCeladon Pharmaceuticals still facing cash crisis
30th Apr 2025 14:32
(Sharecast News) - Celadon Pharmaceuticals reiterated on Wednesday that it has yet to receive funds under its secured credit facility, and was still facing significant funding uncertainty, raising the prospect of administration if additional financing is not secured promptly.
Read moreUS private sector adds just 62,000 jobs in April
30th Apr 2025 13:59
(Sharecast News) - US companies eased up on hiring in April as they tried to prepare themselves for impacts stemming from Donald Trump's so-called "Liberation Day" tariffs, according to ADP.
Read moreUS employment cost growth steady in Q1, as expected
30th Apr 2025 13:51
(Sharecast News) - Worker compensation growth in the States was steady at the start of 2025, but the rate of salary increases ebbed.
Read moreUS PCE price index growth slows in March
30th Apr 2025 13:49
(Sharecast News) - March's personal consumption expenditures price index pointed to a softening in inflationary pressures across the US, according to the Bureau of Economic Analysis, potentially giving the Federal Reserve room to move when it comes to monetary policy.
Read moreCaterpillar sees Q1 profits fall on weaker volumes, pricing
30th Apr 2025 12:49
(Sharecast News) - Profits at heavy equipment manufacturer Caterpillar fell in the first quarter as a result of weaker volumes and pricing.
Read moreUS GDP contracts 0.3pc in Q1
30th Apr 2025 12:47
(Sharecast News) - America's economy contracted at an annualised rate of 0.3% in the three months ended 31 March, according to a preliminary reading from the Bureau of Economic Analysis, the first decline since Q122 and a sharp reversal from the 2.4% growth rate seen in Q4.
Read moreFTSE 100 movers: Smith & Nephew and GSK jump, but Glencore tanks
30th Apr 2025 12:36
(Sharecast News) - Results and updates from a collection of blue chips were causing major moves on the FTSE 100 on Wednesday, with Smith & Nephew, GSK and Coca-Cola HBC rising strongly, and Glencore, Taylor Wimpey and Barclays suffering.
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