Sunday newspaper round-up: Starmer, Burberry, Tesla
7th Jul 2024 11:22
(Sharecast News) - Keir Starmer opted to recall senior ministers from the New Labour government to join his team. The experienced hands being installed as non-political ministers include Douglas Alexander, as trade minister, or Jacqui Smith as education minister. Starmer's approach was reminiscent of Gordon Brown's attempt to build a "government of all the talents". - Guardian
Read moreLondon close: Stocks mixed ahead of key UK, US data
27th Jun 2024 15:48
(Sharecast News) - London stocks ended Thursday's trading session with a mixed performance as market participants awaited crucial US inflation data and UK GDP figures set to be released later in the week.
Read moreLondon close: Stocks fall amid French political concerns
14th Jun 2024 15:36
(Sharecast News) - London stocks were still in the red by the close on Friday, mirroring a broader European selloff driven by political uncertainty in France.
Read moreLondon close: Stocks green as US inflation comes in cooler
15th May 2024 15:00
(Sharecast News) - London markets ended on a positive note on Wednesday, with strong showings from the likes of Experian and Imperial Brands, as investors digested slower-than-expected consumer inflation figures out of the United States.
Read moreProfits slide at Burberry as luxury demand slows
15th May 2024 07:01
(Sharecast News) - Burberry Group warned of a challenging first half on Wednesday, after slowing luxury demand dented annual sales and profits.
Read moreLondon close: Stocks manage gains as unemployment rises
14th May 2024 16:40
(Sharecast News) - London stocks closed higher on Tuesday, as investors analysed the latest UK jobs data and remarks from Bank of England chief economist Huw Pill.
Read moreWednesday preview: US CPI, Burberry in the spotlight
14th May 2024 13:52
(Sharecast News) - Wednesday will bring with it the week's key risk event - barring surprises - in the form of the latest US consumer price report.
Read moreBurberry CFO to take short leave of absence
8th May 2024 10:00
(Sharecast News) - Burberry said on Wednesday that chief financial officer Kate Ferry will be taking a short leave of absence after undergoing "unscheduled surgery".
Read moreRBC Capital cuts Burberry price target ahead of FY results
4th Apr 2024 14:27
(Sharecast News) - RBC Capital Markets cut its price target on Burberry on Thursday to 1,200p from 1,500p as it reduced estimates ahead of the full-year results, which it said are unlikely to surprise positively.
Read moreLondon close: Stocks mixed ahead of Fed, BoE decisions
20th Mar 2024 16:53
(Sharecast News) - London markets closed with a mixed but little-changed performance on Wednesday, as investors digested a larger-than-expected slowdown in UK inflation.
Read moreLuxury stocks slide after Kering warns on profits
20th Mar 2024 09:42
(Sharecast News) - Shares in Gucci-owner Kering tumbled on Wednesday, after the French luxury group warned on profits.
Read moreMoorhead to step down as WH Smith CFO, Burberry's Izzard to replace
15th Mar 2024 07:22
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Read moreJP Morgan places Burberry on 'negative catalyst watch'
1st Mar 2024 08:51
(Sharecast News) - JP Morgan has added Burberry to its 'negative catalyst watch' list ahead of the British high fashion brand's annual results as the wider luxury sector continues to contend with a major slowdown in growth.
Read moreLondon close: Stocks finish higher as US inflation cools
26th Jan 2024 16:21
(Sharecast News) - London's financial markets closed positively on Friday, as investors were buoyed by an optimistic consumer confidence survey and a lower-than-anticipated inflation reading from across the pond.
Read moreLondon close: Stocks mixed on relatively quiet Monday
15th Jan 2024 15:37
(Sharecast News) - London's stock market finished with a mixed performance on Monday, after underwhelming reports from PageGroup and Crest Nicholson.
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