International News
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3M forecasts underwhelm, shares fall
Tuesday 23 Jan 2024
(Sharecast News) - Shares in 3M came under pressure on Tuesday, after the industrial conglomerate forecast full-year profits and sales below analyst expectations. Read More
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Sales and profits slide at Ericsson
Tuesday 23 Jan 2024
(Sharecast News) - Sweden's Ericsson reported a slide in quarterly profits and sales on Tuesday, as wary customers cut back on spending. Read More
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US pre-open: Futures flat as markets pause at record highs before earnings
Tuesday 23 Jan 2024
(Sharecast News) - US stock futures were pointing to a flat start on Tuesday as the Dow Jones Industrial Average and S&P 500 both pause at record highs ahead of a barrage of corporate earnings. Read More
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Chinese authorities mulling stock market rescue package - report
Tuesday 23 Jan 2024
(Sharecast News) - Beijing is considering a possible rescue package to help bolster China's struggling stock markets, it was reported on Tuesday. Read More
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Sanofi to take on lead Inhibrx candidate in $2.2bn deal
Tuesday 23 Jan 2024
(Sharecast News) - Inhibrx announced an agreement with Sanofi on Tuesday, under which Sanofi subsidiary Aventis will acquire all assets and liabilities associated with INBRX-101, a recombinant alpha-1... Read More
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Asia report: Markets mixed as Japan maintains interest rates
Tuesday 23 Jan 2024
(Sharecast News) - Hong Kong stocks led gains in the Asia-Pacific region on Tuesday, staging a rebound, while Japanese equities saw a marginal decline following the Bank of Japan's decision to maintai... Read More
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BoJ leaves rates unchanged, cuts inflation forecasts
Tuesday 23 Jan 2024
(Sharecast News) - The Bank of Japan kept interest rates in negative territory as expected on Tuesday, but reduced its forecasts for inflation this year on the back of falling oil prices. Read More
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US close: Dow and S&P 500 both close at fresh record highs
Monday 22 Jan 2024
(Sharecast News) - US stocks booked modest gains on Monday but that didn't stop the Dow Jones Industrial Average and S&P 500 both closing at new all-time highs. Read More
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Europe close: Shares start week on the front foot
Monday 22 Jan 2024
(Sharecast News) - European shares were up on Monday after strong performances on Wall Street and Asia. Read More
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US open: Stocks continue to gain after Friday's record close
Monday 22 Jan 2024
(Sharecast News) - US stocks rose in early trade on Monday, building on the record gains seen at the end of last week, when the S&P 500 closed at a new all-time high. Read More
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Sunoco to buy NuStar Energy in $7.3bn deal
Monday 22 Jan 2024
(Sharecast News) - US gas station owner Sunoco said on Monday that it has agreed to buy independent liquids terminal and pipeline operator NuStar Energy in a $7.3bn all-share deal. Read More
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ADM suspends finance chief, lowers earnings outlook
Monday 22 Jan 2024
(Sharecast News) - American agricultural trader Archer-Daniels-Midland (ADM) put its chief financial officer Vikram Luthar on administrative leave overnight, lowering its earnings outlook as it invest... Read More
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Credit Agricole takes 7% stake in payments firm Worldline
Monday 22 Jan 2024
(Sharecast News) - Credit Agricole said on Monday that it has bought a stake of around 7% in French payments group and joint venture partner Worldline. Read More
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US pre-open: S&P 500 set to hit new record as futures rise
Monday 22 Jan 2024
(Sharecast News) - US stock futures were pointing to a positive start to the new trading week, with the S&P 500 poised to set a new record high ahead of a busy week for corporate earnings. Read More
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Asia report: Markets mixed as Beijing keeps rates on hold
Monday 22 Jan 2024
(Sharecast News) - Markets in the Asia-Pacific region finished with a mixed performance on Monday, as China adhered to market expectations by keeping its loan prime rates unchanged. Read More
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Europe close: Stocks drop on hawkish comments from ECB member
Friday 19 Jan 2024
(Sharecast News) - A strong start on Wall Street wasn't enough to lift European stocks on Friday, which sank into the red in afternoon trade after a European Central Bank member said markets were gett... Read More
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US consumer sentiment at highest since mid-2021
Friday 19 Jan 2024
(Sharecast News) - Consumer sentiment rose to its highest in two and a half years in January, according to a closely watched survey released on Friday by the University of Michigan. Read More
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US existing home sales drop to lowest level since 1995 - NAR
Friday 19 Jan 2024
(Sharecast News) - US existing home sales fell in December to the lowest level since 1995, according to data released on Friday by the National Association of Realtors. Read More
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US open: S&P 500 flirts with record high early on
Friday 19 Jan 2024
(Sharecast News) - US stock markets rose on Friday, but gains were modest with the S&P 500 teetering at an all-time high as bond yields rose and investors digested incoming economic data. Read More
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Kaman to be taken private by Arcline in $1.8bn deal
Friday 19 Jan 2024
(Sharecast News) - Aerospace parts manufacturer Kaman said on Friday that it has agreed to be taken private by Arcline Investment Management in a $1.8bn deal. Read More
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