London close: Stocks higher as investors digest US jobs data
3rd Jul 2024 15:04
(Sharecast News) - London's stock markets closed on a positive note on Wednesday, buoyed by a wave of economic data from the United States and renewed hopes for interest rate cuts.
Read moreLondon close: Stocks fall as US inflation pressures ease
28th Jun 2024 17:23
(Sharecast News) - London's stock markets closed lower on Friday, influenced by new economic data from the United States indicating a slowdown in consumer spending, despite a reduction in inflationary pressures.
Read moreLondon close: Stocks fall amid renewed global jitters
13th Jun 2024 15:52
(Sharecast News) - London markets exhibited a mixed performance on Thursday, as investors digested the latest policy announcement from the US Federal Reserve and reacted to corporate developments in various sectors.
Read moreJD Sports Fashion holds outlook amid 'volatile' market as FY profits slip
31st May 2024 07:09
(Sharecast News) - Shares in JD Sports Fashion fell sharply on Friday despite the company holding annual guidance amid a "volatile" market as it said group current-year first-quarter like-for-like sales were down 0.7% and 6.4% in the UK.
Read moreLondon close: Stocks manage to finish above the waterline
29th Apr 2024 15:08
(Sharecast News) - London markets showed resilience on Monday, finishing in the green as investors looked to the start of the US Federal Reserve's policy meeting.
Read moreBarclays downgrades JD Sports on Hibbett acquisition
29th Apr 2024 09:42
(Sharecast News) - Barclays downgraded JD Sports on Monday to 'equalweight' from 'overweight' and cut the price target to 140p from 165p after the retailer announced the acquisition of US rival Hibbett last week for $1.1bn.
Read moreEurope close: Stocks rise as investors digest PMI data
23rd Apr 2024 15:19
(Sharecast News) - European markets closed above the waterline on Tuesday, propelled by positive survey data from the eurozone that bolstered investor sentiment.
Read moreJD Sports buys US-based Hibbett for $1.08bn
23rd Apr 2024 07:01
(Sharecast News) - JD Sports Fashion on Tuesday said it was buying US sports fashion retailer Hibbett for $1.08bn (£878m).
Read moreLondon close: Stocks mixed as investors watch Middle East newsflow
19th Apr 2024 16:56
(Sharecast News) - London's stock markets closed in a mixed state on Friday as traders kept a close watch on escalating tensions in the Middle East.
Read moreLondon close: Stocks finish firmer ahead of Easter break
28th Mar 2024 16:08
(Sharecast News) - London's equity markets closed higher on Thursday ahead of the Easter break, despite lingering concerns over the UK's recessionary status in the latter part of last year.
Read moreJD Sports sees 'challenging' market as January sales slip
28th Mar 2024 07:05
(Sharecast News) - JD Sports Fashion shares jumped on Thursday as investors breathed a sigh of relief that a trading update essentially reaffirmed guidance after a profits warning in January, despite continuing "challenging" trading and flat like-for-like fourth-quarter sales.
Read moreLondon close: Stocks mixed as Bailey hints at rate cuts
22nd Mar 2024 16:09
(Sharecast News) - London's stock markets closed in a mixed state on Friday as investors weighed optimistic retail sales data against remarks from Bank of England Governor Andrew Bailey.
Read moreAJ Bell founder tapped for Applied Nutrition chairman role
20th Feb 2024 15:11
(Sharecast News) - AJ Bell founder Andy Bell has been appointed chairman of Applied Nutrition, a rapidly growing sports nutrition, health, and wellness brand based in Liverpool, it was reported on Tuesday.
Read moreLondon close: Stocks turn lower on renewed interest rate concerns
5th Feb 2024 16:22
(Sharecast News) - London's financial markets had turned negative by the close of trading on Monday, after better-than-expected UK services data was offset by a downward revision in service activity in the United States.
Read moreJD Sports-backed Applied Nutrition preparing for £1bn London float - report
5th Feb 2024 11:39
(Sharecast News) - Applied Nutrition, a manufacturer of sports supplements part-owned by JD Sports Fashion, is reportedly beginning preparations for a £1bn London flotation.
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