News Archive
US GDP rose more than expected in second quarter
30th Jul 2025 12:28
(Sharecast News) - The United States economy expanded significantly more than expected in the second quarter, according to preliminary estimates from the Bureau of Economic Analysis on Wednesday, bouncing back after the first annualised decline in GDP in three years.
Read moreDiageo appoints Deirdre Mahlan as interim CFO
30th Jul 2025 12:28
(Sharecast News) - Diageo said on Wednesday that it has appointed Deirdre Mahlan as interim chief financial officer with effect from 18 August.
Read moreDeutsche Bank upgrades Wizz Air to 'buy'
30th Jul 2025 12:19
(Sharecast News) - Deutsche Bank upgraded Wizz Air on Wednesday to 'buy' from 'hold', keeping the price target at 1,500p.
Read moreUBS more-than-doubles second-quarter net profit
30th Jul 2025 11:17
(Sharecast News) - UBS more than doubled its second-quarter net profit to $2.4bn, it reported on Wednesday, beating market expectations as strong trading revenues and continued client inflows in its wealth management division offset weaker investment banking activity.
Read moreEurope midday: Stoxx rallies as eurozone GDP data boosts sentiment
30th Jul 2025 11:15
(Sharecast News) - European shares rallied at midday as positive eurozone GDP data offset negative sentiment from major corporate earnings that revealed the cost of US President Donald Trump's global tariff war.
Read moreUS mortgage applications fall 3.8pc
30th Jul 2025 11:14
(Sharecast News) - US mortgage applications decreased in the week ended 25 July, according to the Mortgage Bankers Association of America.
Read moreSantander to cut UK jobs, close branches despite record group profit
30th Jul 2025 11:07
(Sharecast News) - Santander UK announced it was cutting more than 2,000 jobs and closing more branches on Wednesday as part of a sweeping cost-reduction programme, coinciding with a 5% fall in first-half pre-tax profit to £764m.
Read moreAsia report: Markets mixed as investors watch ongoing trade talks
30th Jul 2025 10:48
(Sharecast News) - Asia-Pacific markets ended mixed on Wednesday as investors reacted cautiously to the unresolved outcome of US-China trade talks in Sweden.
Read moreLondon midday: FTSE stays down; Taylor Wimpey, HSBC fall after results
30th Jul 2025 10:46
(Sharecast News) - London stocks were still in the red by midday on Wednesday as results from Taylor Wimpey, HSBC and BAE Systems failed to impress amid another deluge of corporate news.
Read moreFDM Group reports sharp decline in revenue, profit
30th Jul 2025 10:44
(Sharecast News) - FDM Group reported a sharp decline in revenue and profit for the first half of on Wednesday, warning that its full-year results would fall significantly short of prior expectations, as macroeconomic and geopolitical uncertainty continued to weigh on client demand and delay commercial decisions.
Read moreEurozone Q1 GDP expands by 0.1% - flash data
30th Jul 2025 10:36
(Sharecast News) - The eurozone economy managed to defy forecasts and expand by 0.1% in the second quarter, according to official flash data published on Wednesday.
Read moreRHI Magnesita lowers guidance after tough first half
30th Jul 2025 10:36
(Sharecast News) - RHI Magnesita lowered its full-year profit guidance on Wednesday, after reporting a steep drop in earnings for the first half of 2025, as deferred industrial projects, weaker pricing, and cost pressures weighed on margins.
Read moreJPMorgan upgrades Croda to 'overweight'
30th Jul 2025 10:16
(Sharecast News) - JPMorgan Cazenove upgraded Croda International on Wednesday to 'overweight' from 'neutral' following a 10% slump in the share price following results a day earlier.
Read moreUS pre-open: Stocks mixed ahead of FOMC decision
30th Jul 2025 10:09
(Sharecast News) - Wall Street futures were little changed ahead of the bell as market participants awaited the outcome of the Federal Reserve's two-day policy meeting.
Read moreBerenberg nudges up target price on Greggs
30th Jul 2025 09:44
(Sharecast News) - Analysts at Berenberg slightly raised their target price on bakery chain Greggs from 3,040.00p to 3,060.00p on Wednesday, noting that the group's "fresh strategy announcements add flavour".
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