International News
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Existing-home sales slump 4.1% in November
Tuesday 21 Nov 2023
(Sharecast News) - Sales of previously owned homes in the US dropped more than expected in October, according to data out Tuesday from the National Association of Realtors (NAR). Read More
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Chinese regulators conditionally approve Broadcom-VMWare merger
Tuesday 21 Nov 2023
(Sharecast News) - China has provided a list of conditions that must be met in order for it to give its tick of approval for Broadcom's $69.0bn merger with software maker VMware. Read More
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Merck to buy Caraway Therapeutics for up to $610m
Tuesday 21 Nov 2023
(Sharecast News) - Merck said on Tuesday that it has agreed to buy preclinical biopharmaceutical group Caraway Therapeutics for up to $610m. Read More
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Kohl's comparable sales continue decline in third quarter
Tuesday 21 Nov 2023
(Sharecast News) - Kohl's reported a 5.2% decrease in net sales in its third quarter on Tuesday, amounting to $3.8bn, with the retailer's comparable sales decline continuing, down 5.5%. Read More
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Dick's Sporting Goods lifts FY outlook, shares jump
Tuesday 21 Nov 2023
(Sharecast News) - Dick's Sporting Goods lifted its full-year outlook on Tuesday following a "strong" third quarter. Read More
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Lowe's flags bigger sales decline than previously expected
Tuesday 21 Nov 2023
(Sharecast News) - Shares in US home improvement retailer Lowe's were in the red in premarket trading on Tuesday after it forecasted a more significant sales decline than previously expected despite a... Read More
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US pre-open: Stocks lower as traders await FOMC minutes
Tuesday 21 Nov 2023
(Sharecast News) - Wall Street futures were in the red ahead of the bell on Tuesday as investors look ahead to minutes from the FOMC's latest meeting. Read More
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Italy offloads 25% stake in Monte dei Paschi
Tuesday 21 Nov 2023
(Sharecast News) - Shares in Banca Monte dei Paschi di Siena dropped on Tuesday morning in Milan after the Italian government offloaded a 25% stake in the banking group. Read More
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Asia report: Markets mixed amid Chinese property stimulus rumours
Tuesday 21 Nov 2023
(Sharecast News) - Asia-Pacific markets showed a mixed performance at the close of trading on Tuesday, with particular attention paid to developments in the Chinese property sector. Read More
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UK borrowing up but gives Hunt room for tax policy changes
Tuesday 21 Nov 2023
(Sharecast News) - UK public borrowing came in less than expected in the first seven months of the financial year, according to official data published on Tuesday, a day ahead of finance minister Jere... Read More
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US close: Tech stocks jump, Nasdaq hits 16-week high
Monday 20 Nov 2023
(Sharecast News) - US stocks finished with decent gains on Monday, with all three Wall Street indices closing at levels not seen in over three months. Read More
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Europe close: Stocks inch higher but gains limited on a quiet day
Monday 20 Nov 2023
(Sharecast News) - European stock markets finished with minor gains on Monday after struggling for direction for most of the session, with very little economic data or newsflow to sway market sentimen... Read More
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US open: Dow Jones looks to extend November win streak
Monday 20 Nov 2023
(Sharecast News) - Wall Street stocks were higher at the opening bell on Monday as major indices searched for direction following a recent hot streak. Read More
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US pre-open: Stocks little changed as traders look ahead to Fed minutes
Monday 20 Nov 2023
(Sharecast News) - Wall Street Futures were little changed ahead of the bell on Monday as major indices search for direction following a recent hot streak. Read More
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McDonald's buys back large stake in Chinese operations
Monday 20 Nov 2023
(Sharecast News) - McDonald's is buying back a large stake in its Chinese operations as it looks to simplify its corporate structure and take advantage of future growth potential, just six years after... Read More
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Bullish buys CoinDesk for undisclosed sum
Monday 20 Nov 2023
(Sharecast News) - Cryptocurrency exchange Bullish said on Monday that it has bought CoinDesk from Digital Currency Group for an undisclosed sum. Read More
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Julius Baer shares drop on weak profit guidance
Monday 20 Nov 2023
(Sharecast News) - Shares in Julius Baer tanked on Monday after the Swiss private-banking group warned that annual profits would fall short of last year. Read More
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Eurozone construction rises 0.4% in September
Monday 20 Nov 2023
(Sharecast News) - Construction output in the eurozone rose 0.4% in September compared to the previous month, according European Union statistics agency Eurostat. Read More
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Microsoft hires ousted OpenAI CEO Sam Altman
Monday 20 Nov 2023
(Sharecast News) - Tech giant Microsoft has hired ousted OpenAI chief executive Sam Altman to head up its new advanced AI research team. Read More
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Bayer shares slump to 12-year low, pulls pin on trial
Monday 20 Nov 2023
(Sharecast News) - Shares in German drugs-to-pesticides group Bayer tumbled to a 12-year low on Monday after revealing it had pulled the pin on a large late-stage trial testing a new anti-clotting dru... Read More
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