News Archive
US core PCE inflation unexpectedly rises
28th Mar 2025 12:36
(Sharecast News) - The annual rate of US core personal consumption expenditures (PCE) inflation unexpectedly rose in February, according to data from the Bureau of Economic Analysis on Friday, while personal incomes increased more than forecast.
Read moreFTSE 250 movers: Wizz, Close Brothers and Aston Martin drop
28th Mar 2025 12:23
(Sharecast News) - Wizz Air, Close Brothers and Aston Martin Lagonda Global were among the worst performers on the FTSE 250 on Friday, with the second-tier index trading around 0.5% lower by mid-afternoon.
Read moreEurope midday: Stocks stay down ahead of Trump tariffs; US inflation eyed
28th Mar 2025 12:21
(Sharecast News) - European shares were still weaker by midday on Friday as traders braced themselves for wide-ranging US tariffs which take effect next week, while gold hit fresh highs with investors looking for safe havens amid the erratic policymaking of President Donald Trump.
Read moreUS pre-open: Futures in the red ahead of February PCE report
28th Mar 2025 11:46
(Sharecast News) - Wall Street futures were in the red ahead of the bell on Friday as market participants looked ahead to the release of the Federal Reserve's preferred inflation measure.
Read moreChelsea Football Club owner eyes up National World
28th Mar 2025 11:44
(Sharecast News) - Eldridge Media Holdings is eyeing up newspaper publisher National World, it was confirmed on Friday, amid ongoing speculation that the two groups are preparing a joint approach for The Telegraph.
Read moreAsia report: Markets fall on US tariff concerns
28th Mar 2025 11:13
(Sharecast News) - Asia-Pacific markets declined on Friday as investor sentiment remained cautious following fresh tariff threats from US president Donald Trump.
Read moreLondon midday: FTSE edges up as attention turns to US inflation reading
28th Mar 2025 10:56
(Sharecast News) - London stocks had edged higher by midday on Friday, helped along by a strong showing from the defensive utilities sector, as investors mulled the latest UK GDP and retail sales figures, and looked ahead to a key US inflation reading.
Read moreEconomic sentiment weakens across the Eurozone
28th Mar 2025 10:20
(Sharecast News) - Economic sentiment and consumer confidence across Europe weakened unexpectedly in March, official research showed on Friday.
Read moreBerenberg hikes target price on Next
28th Mar 2025 10:17
(Sharecast News) - Analysts at Berenberg hiked their target price on retailer Next from 12,600.0p to 13,400.0p on Friday, noting the stock appeared to be in "a mid-market sweet spot".
Read moreGerman unemployment hits highest since mid-2020
28th Mar 2025 10:11
(Sharecast News) - The jobless rate in Germany unexpectedly rose in March, reaching its highest level in four and a half years, according to data out on Friday from the Federal Employment Agency.
Read moreEthernity secures $290k contract extension
28th Mar 2025 09:47
(Sharecast News) - Data processing semiconductor technology supplier Ethernity said on Friday that it has secured an extension to its $1.05m contract signed with a tier 1 US-based aerospace system products provider.
Read moreCiti reiterates 'buy' on B&M, says de-rating overdone
28th Mar 2025 09:42
(Sharecast News) - Citi reiterated its 'buy' rating on B&M European Value Retail on Friday as it said the stock's de-rating was overdone.
Read moreUS trade tariffs have heightened downside risks, says Bank of Japan
28th Mar 2025 09:22
(Sharecast News) - The Bank of Japan has said that it is keeping a close eye on the impact of protectionist measures imposed by Donald Trump, with downside risks stemming from trade tariffs having increased.
Read moreEurasia Mining enters into securities purchase agreement, looks to raise £3.15m
28th Mar 2025 09:15
(Sharecast News) - Mining firm Eurasia Mining said on Friday that it has entered into a securities purchase agreement for a strategic private placement in order to raise up gross proceeds of roughly £3.15m.
Read moreRicardo reiterates opposition to Science Group, backs chair
28th Mar 2025 09:10
(Sharecast News) - Ricardo insisted it was making "good progress" on Friday, as it reiterated its opposition to moves by shareholder Science Group to overhaul the board.
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