International News
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Deutsche Bank tops forecasts, raises capital outlook
Wednesday 25 Oct 2023
(Sharecast News) - Shares in Deutsche Bank rallied in Frankfurt on Wednesday after the Germany banking giant beat third-quarter forecasts and raised its capital outlook. Read More
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Heineken beer sales fall in Q3; reiterates FY guidance
Wednesday 25 Oct 2023
(Sharecast News) - Brewing giant Heineken reiterated its full-year guidance on Wednesday, even as it sold less beer during the third quarter. Read More
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China approves £110bn sovereign bond issue
Wednesday 25 Oct 2023
(Sharecast News) - Beijing has backed a major sovereign bond issue as the authorities look to boost China's faltering economy. Read More
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US close: Strong earnings from blue chips drive markets higher
Tuesday 24 Oct 2023
(Sharecast News) - US markets rose on Tuesday with the Dow snapping a four-day losing streak as a raft of blue chips impressed the market with better-than-expected earnings. Read More
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Europe close: Stocks rise on hopes ECB will hold rates steady
Tuesday 24 Oct 2023
(Sharecast News) - European stock markets bounced back on Tuesday as worse-than-expected economic data cemented expectations that the European Central Bank (ECB) will hold interest rates steady at its... Read More
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US business activity picks up a little in October
Tuesday 24 Oct 2023
(Sharecast News) - US business activity picked up a little in October, while inflationary pressures eased, according to a survey out on Tuesday. Read More
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US open: Stocks rise as blue-chip earnings top forecasts
Tuesday 24 Oct 2023
(Sharecast News) - Positive reactions to a bunch of big-name stocks were providing a lift on Wall Street on Tuesday, with Spotify, General Electric, Coca-Cola, Spotify, 3M and General Motors all beati... Read More
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General Motors pulls full-year guidance due to strikes
Tuesday 24 Oct 2023
(Sharecast News) - General Motors posted better-than-expected third-quarter earnings on Tuesday but said it was pulling its annual guidance due to the impact of strikes. Read More
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Spotify returns to profit after smashing Q3 targets
Tuesday 24 Oct 2023
(Sharecast News) - Spotify delivered a return to profitability in the third quarter after user and subscriber numbers beat expectations and revenues grew ahead of guidance. Read More
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Coca-Cola Company comfortably beats third-quarter forecasts
Tuesday 24 Oct 2023
(Sharecast News) - Soft drink behemoth Coca-Cola topped expectations on quarterly earnings and revenue in its latest report on Tuesday, with earnings per share coming in at 74 cents. Read More
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3M hikes EPS and cash flow guidance for 2023
Tuesday 24 Oct 2023
(Sharecast News) - 3M shares were rising strongly ahead of the opening bell on Tuesday after the American conglomerate raised its earnings and cash flow guidance following a solid third quarter. Read More
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General Electric raises guidance again after strong quarterly earnings
Tuesday 24 Oct 2023
(Sharecast News) - General Electric (GE) raised its full-year profit forecast for the third time this year on Tuesday on the back of strong quarterly earnings. Read More
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US pre-open: Stocks seen up ahead of Microsoft, Alphabet results
Tuesday 24 Oct 2023
(Sharecast News) - US stock futures pointed to a firmer open on Wall Street on Tuesday as investors eyed results from tech giants Alphabet and Microsoft after the close. Read More
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Hermes reports strong quarter, though currency a drag
Tuesday 24 Oct 2023
(Sharecast News) - Luxury fashion brand Hermès announced strong quarterly results on Tuesday, with consolidated revenue reaching €10.06bn by the end of September, marking a 22% increase at const... Read More
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Eurozone composite PMI drops to three-year low in October
Tuesday 24 Oct 2023
(Sharecast News) - The economic downturn in the Eurozone deepened in October, with private sector output declining at its steepest rate in 35 months, according to 'flash' purchasing managers' indices ... Read More
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Asia report: Markets rebound amid flurry of regional data
Tuesday 24 Oct 2023
(Sharecast News) - Asia-Pacific markets mostly rebounded from earlier losses on Tuesday to end positively after a busy day for data in the region. Read More
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German consumer sentiment weakens further as recovery hopes fades
Tuesday 24 Oct 2023
(Sharecast News) - Consumer sentiment in Germany declined for a third straight month in October, as hopes of a recovery before the end of the year begin to fade. Read More
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US close: Market end mixed, but tech stocks prop up Nasdaq
Monday 23 Oct 2023
(Sharecast News) - US stocks finished mixed on Monday after struggling for direction for most of the day, as big swings in bond yields provided the backdrop for a tumultuous trading session. Read More
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Europe close: Stocks reverse early losses to end on mixed note
Monday 23 Oct 2023
(Sharecast News) - European stocks finished on a mixed note on Monday as fears of an escalation of conflict in the Middle East weighed on risk appetite, although traders appeared relieved by the fact ... Read More
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US open: Stocks slightly lower with all eyes on bond yields, Middle East
Monday 23 Oct 2023
(Sharecast News) - US stocks were slightly in the red on Monday morning as the yield on a 10-year US Treasury topped 5% for the first time in 16 years, while ongoing uncertainty surrounding the confli... Read More
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