International News
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PepsiCo forecasts slower revenue growth
Friday 09 Feb 2024
(Sharecast News) - Shares in PepsiCo came under pressure on Friday after fourth-quarter revenues missed expectations and the US food and beverage giant forecast slower annual growth. Read More
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Owens Corning to buy Masonite in $3.9bn deal
Friday 09 Feb 2024
(Sharecast News) - US building and construction materials company Owens Corning said on Friday that it has agreed to buy Masonite, a provider of interior and exterior doors and door systems, in a $3.9... Read More
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Schroders Capital GIT joins Neurona Therapeutics funding round
Friday 09 Feb 2024
(Sharecast News) - Schroders Capital Global Innovation Trust announced an investment of $1.6m (£1.3m) in Neurona Therapeutics, a prominent US-based clinical-stage cell therapy company, on Friday. Read More
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US pre-open: Futures slightly higher as S&P 500 continues to hover around 5,000
Friday 09 Feb 2024
(Sharecast News) - Wall Street futures were slightly higher ahead of the bell on Friday after the S&P 500 briefly breached the 5,000-point mark in the previous session. Read More
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Ubisoft shines as bookings beat forecasts
Friday 09 Feb 2024
(Sharecast News) - Shares in Ubisoft Entertainment powered up on Friday after the French gaming firm reported above-forecast quarterly bookings. Read More
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Coloplast shares surge as Danish medtech group delivers strong Q1
Friday 09 Feb 2024
(Sharecast News) - Danish medical device group Coloplast saw shares surge over 8% in Copenhagen on Friday after the company delivered high single-digit growth across all areas of the business in the f... Read More
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L'Oreal slumps as Q4 sales miss expectations
Friday 09 Feb 2024
(Sharecast News) - L'Oreal shares slumped on Friday after the cosmetics group posted lower-than-expected fourth-quarter sales. Read More
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Asia report: Stocks mixed on eve of Lunar New Year holiday
Friday 09 Feb 2024
(Sharecast News) - Stock markets in the Asia-Pacific region closed in a mixed state on Friday, with Japan's benchmark hitting fresh 34-year highs. Read More
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Hermes sees sales and profits surge, shares jump
Friday 09 Feb 2024
(Sharecast News) - Shares in Hermes International sparked on Friday after the French luxury goods firm posted strong sales growth and record profitability. Read More
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German inflation eases to 2.9% in January
Friday 09 Feb 2024
(Sharecast News) - German inflation fell to 2.9% January in line with preliminary data, down from 3.7% in December, and driven by a sharp fall in energy costs, according to official data released on F... Read More
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US close: Dow, S&P 500 hit fresh highs despite small gains
Thursday 08 Feb 2024
(Sharecast News) - Wall Street stocks edged higher on Thursday but the Dow and S&P 500 still managed to set new record closing highs, with the latter briefly topping the key psychological mark of 5,00... Read More
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Europe close: Stoxx finishes flat as UK losses provide a drag
Thursday 08 Feb 2024
(Sharecast News) - European stocks finished broadly flat on Thursday amid a flurry of corporate earnings, as losses in London outweighed gains elsewhere. Read More
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Arm shares jump over 50% as AI demand boosts Q3 results
Thursday 08 Feb 2024
(Sharecast News) - US-listed shares in Arm Holdings surged by more than a half on Thursday in New York after the British semiconductor company reported record revenues for its third quarter, helped by... Read More
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US open: Stocks mixed as S&P 500 nears 5,000
Thursday 08 Feb 2024
(Sharecast News) - Wall Street trading got off to a mixed start on Thursday as the S&P 500 continued to flirt with the 5,000-point mark. Read More
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Kellogg to close major UK factory
Thursday 08 Feb 2024
(Sharecast News) - Food manufacturer Kellogg has put hundreds of British jobs at risk after announcing the planned closure of one of its major UK factories. Read More
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US jobless claims decrease by 9,000
Thursday 08 Feb 2024
(Sharecast News) - Americans lined up for unemployment benefits at a decelerated clip in the week ended 2 February, according to the Labor Department. Read More
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ArcelorMittal shares gain on positive outlook after tough year
Thursday 08 Feb 2024
(Sharecast News) - Shares in steel production giant ArcelorMittal gained in Amsterdam after the company pointed to a "more constructive" outlook for the industry following a challenging year in which ... Read More
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Philip Morris outlook disappoints, shares dip
Thursday 08 Feb 2024
(Sharecast News) - Philip Morris International posted below-forecast numbers on Thursday, on the back of higher costs and weaker-than-expected sales of heated tobacco products. Read More
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Fourth-quarter numbers beat forecasts at Apollo
Thursday 08 Feb 2024
(Sharecast News) - Apollo Global Management posted above-forecast fourth-quarter numbers on Thursday, boosted by strong growth in retirement services. Read More
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US pre-open: Futures in the red, S&P 500 flirts with milestone
Thursday 08 Feb 2024
(Sharecast News) - Wall Street futures were in the red ahead of the bell on Thursday but the S&P 500 continued to flirt with the 5,000-point mark. Read More
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