News Archive

US close: Stocks slip as traders watch Jackson Hole summit

20th Aug 2025 22:24

(Sharecast News) - US stock markets finished flat to moderately lower on Wednesday with traders exercising caution ahead of the widely anticipated Jackson Hole summit of central bank leaders in Wyoming.

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London close: Stocks higher as consumer prices rise

20th Aug 2025 17:38

(Sharecast News) - London equities advanced on Wednesday as stronger-than-expected UK inflation data curbed expectations of further interest rate cuts this year.

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Europe close: Stoxx 600 inches higher as London stocks jump

20th Aug 2025 16:22

(Sharecast News) - European stocks were mixed on Wednesday, with strong gains in London and Zurich countered by falls in other markets, with investors focused on developments at the Jackson Hole conference in Wyoming.

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Broker tips: Aberdeen, United Utilities, Hill and Smith

20th Aug 2025 14:56

(Sharecast News) - RBC Capital Markets upgraded Aberdeen to 'sector perform' from 'underperform' on Wednesday and hiked its price target on the stock to 195p from 140p, reflecting improvements across its three segments.

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Director dealings: Greggs chairman raises stake

20th Aug 2025 14:55

(Sharecast News) - Greggs revealed on Wednesday that chairman Matthew Davies had acquired 1,249 ordinary shares in the FTSE 250-listed bakery chain.

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US open: Stocks mixed as investors await Fed minutes, digest retail earnings

20th Aug 2025 14:55

(Sharecast News) - Wall Street trading got off to a mixed start on Wednesday, as market participants digested quarterly earnings from some of America's major retailers ahead of minutes from the Federal Reserve's July meeting.

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FTSE 250 movers: Ithaca gushes; Inflation data hits cyclicals

20th Aug 2025 14:31

(Sharecast News) - FTSE 250 (MCX) 21,787.80 -0.21%

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Estée Lauder predicts $100m tariff hit as Q4 losses nearly double

20th Aug 2025 14:06

(Sharecast News) - Estée Lauder's share price fell sharply on Wednesday after the American cosmetics giant reported that losses nearly doubled in its fourth quarter and estimated that trade tariffs would hit the bottom line by $100m in the current financial year.

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FTSE 100 movers: Convatec jumps on buyback; Persimmon drops

20th Aug 2025 14:06

(Sharecast News) - London's FTSE 100 was up 1% at 9,279.33 in afternoon trade on Wednesday.

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Getech appoints CEO permanently alongside exec announcements

20th Aug 2025 14:02

(Sharecast News) - Getech confirmed the appointment of Chris Jepps as chief executive on a permanent basis on Wednesday, after serving in the role on an interim basis since January.

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Pri0r1ty Intelligence launches new data agency Metr1c

20th Aug 2025 13:57

(Sharecast News) - Pri0r1ty Intelligence Group announced the launch of Metr1c on Wednesday, a new data and AI-powered partnerships and growth agency targeting the entertainment sector.

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Alba Mineral Resources reports progress at Motzfeldt, Clogau

20th Aug 2025 13:53

(Sharecast News) - Alba Mineral Resources reported progress at its Motzfeldt critical metals project in Greenland and its Clogau gold mine in Wales on Wednesday, while confirming remedial work is required before further blasting can resume at Clogau.

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MyCelx opens line of credit to support, sales, marketing and financing

20th Aug 2025 13:49

(Sharecast News) - MyCelx Technologies said on Wednesday that it has opened a $0.5m line of credit with TriState Capital Bank to support sales, marketing and project financing as it expanded in the PFAS remediation and produced water treatment markets.

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Lowe's lifts forecasts after solid Q2, acquires FBM for $8.8bn

20th Aug 2025 13:35

(Sharecast News) - Lowe's Companies delivered better-than-expected second-quarter earnings on Wednesday and announced an $8.8bn deal to acquire Foundation Building Materials (FBM), stepping up its push into the professional construction market and outpacing rival Home Depot's recent acquisition move.

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Sweden holds rates, sees possible cut later this year

20th Aug 2025 13:32

(Sharecast News) - Sweden's central bank kept interest rates on hold, but said there was still the possibility of a cut later in the year with inflation running above target.

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