News Archive

Quarterly sales slide at WPP, full-year outlook unchanged

25th Apr 2025 07:58

(Sharecast News) - WPP reiterated its full-year outlook on Friday, despite seeing quarterly sales slide amid mounting macroeconomic uncertainty.

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Asia close: Stocks mostly higher, save in Shanghai

25th Apr 2025 07:58

(Sharecast News) - Stock markets in the Asia Pacific region were mostly higher on Friday, following reports that Beijing might walk back its 125% tariffs on certain imports from the US.

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Europe open: Shares rally on hopes of easing in trade war tensions

25th Apr 2025 07:55

(Sharecast News) - European shares rallied at the open on Friday as China signalled a potential de-escalation of its trade war with the US.

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UK firms in 'critical' financial distress jumped 13% in Q1, says Begbies Traynor

25th Apr 2025 07:43

(Sharecast News) - Corporate restructuring specialist Begbies Traynor saw a double-digit annual increase in the number of UK businesses in a "critical" state in the first quarter of 2025, as firms felt the pressure ahead of impending tariff and tax changes.

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London open: Stocks flat as investors take pause after nine-day win streak

25th Apr 2025 07:43

(Sharecast News) - A nine-day winning streak for the FTSE 100 came to an end on Friday morning, with markets flatlining following a near-10% surge over the past two weeks on the back of optimism regarding US trade talks and Federal Reserve interest-rate cuts.

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Pantheon Intl. says volatility has impacted discount to NAV per share

25th Apr 2025 07:36

(Sharecast News) - Analysts at Pantheon International reported just a dip in the business's net asset value during the month of March.

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Friday newspaper round-up: Apple, South Korea, Drax...

25th Apr 2025 07:09

(Sharecast News) - Apple plans to shift the assembly of all US-sold iPhones to India as soon as next year, according to people familiar with the matter, as President Donald Trump's trade war forces the tech giant to pivot away from China. The push builds on Apple's strategy to diversify its supply chain but goes further and faster than investors appreciate, with a goal to source from India the entirety of the more than 60mn iPhones sold annually in the US by the end of 2026. - Financial Times

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London pre-open: Stocks set for 10th day of gains on Fed, trade chatter

25th Apr 2025 07:06

(Sharecast News) - UK stocks are expected to rise for the 10th straight session on Friday as an easing of tensions between the US and its trading partners lift investor optimism, along with hopes that the Federal Reserve may move sooner than expected to cut interest rates.

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Mobico sees FY at lower end; Sells Nth America school bus unit for $608m

25th Apr 2025 07:06

(Sharecast News) - The value of UK transport company Mobico was almost halved on Friday after a warning that annual earnings would be at the lower end of guidance, completely overshadowing the sale of its North America school bus business to I Squared Capital for up to $608m (£457m).

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Warm weather helps lift UK retail sales

25th Apr 2025 06:53

(Sharecast News) - UK retail sales rose by more-than-expected in March, official data showed on Friday, fuelled by the sunny weather.

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US close: Stocks hit three-week high after third straight gain

24th Apr 2025 21:12

(Sharecast News) - US stocks gained strongly for third straight day on Thursday, with decent performances in the tech sector providing a big boost, as hopes continued to rise that trade tensions between the US and China were cooling.

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Europe close: Shares end mostly higher

24th Apr 2025 17:57

(Sharecast News) - European shares were mostly higher on Thursday as investors cheered positive news regarding US trade talks with India and an in line reading for weekly US jobless claims.

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FTSE 250 movers: Indivior surges; Inchcape slips

24th Apr 2025 16:18

(Sharecast News) - FTSE 250 (MCX) 19,476.57 -0.03%

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US existing home sales drop by more than forecast in March

24th Apr 2025 16:11

(Sharecast News) - Second hand home sales fell by more than anticipated last month.

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Director dealings: Next director snaps up shares

24th Apr 2025 15:41

(Sharecast News) - Next revealed on Thursday that director Jeremy Stakol had acquired 270 ordinary shares in the FTSE 100-listed clothing retailer.

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