News Archive
Norwegian wealth fund offloads Caterpillar stake over bulldozer use in Gaza
26th Aug 2025 16:13
(Sharecast News) - Norwegian $2trn sovereign wealth fund, Norges Bank Investment Management, has revealed it is selling off shares in Caterpillar, citing evidence that equipment made by the heavy machinery company was being used to destroy buildings in Gaza.
Read moreDirector dealings: Johnson Matthey chairman snaps up shares
26th Aug 2025 14:45
(Sharecast News) - Johnson Matthey revealed on Tuesday that chairman Andrew Cosslett had acquired 10,495 ordinary shares in the FTSE 250-listed speciality chemicals firm.
Read moreUS consumer confidence edges lower in August
26th Aug 2025 14:44
(Sharecast News) - US consumer sentiment edged lower in August, according to the Conference Board, with fresh concerns around inflation and job prospects weighing on expectations.
Read moreDebenhams posts widening of losses but outlook upbeat
26th Aug 2025 14:41
(Sharecast News) - Debenhams Group - which rebranded from Boohoo earlier this year - reported a widening of its full-year losses on Tuesday as revenue fell, but struck an upbeat note on the outlook and said it was exploring the sale of PLT.
Read moreUS house price inflation slows to two-year low, S&P data shows
26th Aug 2025 14:26
(Sharecast News) - House price inflation across 20 major cities in the United States slowed to its lowest level in two years in June, according to figures out on Tuesday from S&P.
Read moreFTSE 100 movers: Bunzl jumps after results; Kingfisher, AB Foods hit by downgrade
26th Aug 2025 14:14
(Sharecast News) - London's FTSE 100 was down 0.6% at 9,265.78 in afternoon trade on Tuesday.
Read moreFTSE 250 movers: Wickes tumbles on DB downgrade; Hochschild shines
26th Aug 2025 14:08
(Sharecast News) - London's FTSE 250 was down 0.7% at 21,929.31 in afternoon trade on Tuesday.
Read moreEurope midday: Stocks stay down after Trump's Fed interference, amid French political woes
26th Aug 2025 14:07
(Sharecast News) - European shares were still in the red by midday on Tuesday as investors mulled US President Donald Trump's latest interference at the Federal Reserve after he claimed to have fired one of the central bank's governors, with French stocks down sharply ahead of another Budget row.
Read moreUS durable goods fall less than expected
26th Aug 2025 13:58
(Sharecast News) - US durable goods orders fell for the second straight month in July as purchasing managers again pulled back after a tariff-related surge in May, according to data out on Tuesday from the Census Bureau.
Read moreUS open: Stocks slightly lower as Trump makes unprecedented move on Federal Reserve governor
26th Aug 2025 13:37
(Sharecast News) - Major indices were in the red early on Tuesday after Donald Trump made the unprecedented move to fire Federal Reserve governor Lisa Cook from the board of the central bank.
Read moreZephyr Energy acquires Rocky Mountain producing assets for $7.3m
26th Aug 2025 13:36
(Sharecast News) - Zephyr Energy announced the completion of its $7.3m acquisition of producing assets in the Rocky Mountain basins on Tuesday, adding immediate production and new development opportunities to its US portfolio.
Read moreGalileo starts RC drilling in Kalahari Copperbelt
26th Aug 2025 13:23
(Sharecast News) - Galileo Resources announced the start of a reverse circulation drilling programme at its PL253 licence in the Kalahari Copperbelt on Tuesday, targeting prospective copper-silver mineralisation near major industry exploration projects.
Read moreBroker tips: OXB, Bunzl, AB Foods, Kingfisher, Wickes
26th Aug 2025 12:44
(Sharecast News) - Analysts at RBC Capital Markets hiked their target price on gene and cell therapy firm OXB from 800p to 930p on Tuesday following its recent oversubscribed £60m equity funding and revenue guidance reiteration.
Read moreAT&T to spend $23bn on EchoStar spectrum licences
26th Aug 2025 12:37
(Sharecast News) - American telecoms giant AT&T announced on Tuesday that it is paying $23bn for certain wireless spectrum licenses from Nasdaq-listed EchoStar, causing shares in the latter to nearly double in pre-market trading.
Read moreValiRx launches prostate cancer subsidiary Blue Ribbon Bio
26th Aug 2025 12:35
(Sharecast News) - ValiRx announced a new wholly owned subsidiary Blue Ribbon Bio on Tuesday, to consolidate its prostate cancer assets and accelerate development of its Val201 peptide therapy.
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