International News
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Expectations for February/March Fed pivot 'big mistake', BofA says
Friday 18 Nov 2022
(Sharecast News) - Expectations for a pivot by the Federal Reserve between February and May are a "big mistake", Bank of America strategists led by Michael Hartnett said. Read More
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Jaguar Land Rover sets its sights on laid off tech workers
Friday 18 Nov 2022
(Sharecast News) - Luxury carmaker Jaguar Land Rover has set its sights on out-of-work British tech workers as the company looks for assistance as it gears up to develop electric car technology. Read More
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US pre-open: Futures higher despite hawkish comments from Fed's Bullard
Friday 18 Nov 2022
(Sharecast News) - Wall Street futures were in the green ahead of the bell on Friday as market participants digested comments from the Federal Reserve's James Bullard. Read More
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Foot Locker lifts guidance after third-quarter earnings beat
Friday 18 Nov 2022
(Sharecast News) - Foot Locker beat Wall Street expectations on third-quarter profit on Friday, as well as an unexpected rise in same-store sales as the retailer lifted its full-year expectations. Read More
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ECB's Lagarde says euro area inflation far too high
Friday 18 Nov 2022
(Sharecast News) - The head of the European Central Bank said that inflation in the single-currency bloc was "far too high" and that policymakers expected interest rates to continue rising. Read More
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Asia report: Stocks mixed as core inflation jumps in Japan
Friday 18 Nov 2022
(Sharecast News) - Stocks were mixed on the last trading day of the week in Asia, as fresh data showed core inflation reaching its highest level in 40 years in Japan. Read More
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Twitter locks out all staff - reports
Friday 18 Nov 2022
(Sharecast News) - Twitter has temporarily locked out all staff, it was reported on Friday, with offices not scheduled to reopen until Monday. Read More
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US close: Stocks weaker as Bullard hints at rates above 5pc
Thursday 17 Nov 2022
(Sharecast News) - Wall Street stocks finished weaker on Thursday, as market participants digested several data points and comments from an array of Federal Reserve bankers. Read More
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US open: Stocks head south as traders digest a number of data points
Thursday 17 Nov 2022
(Sharecast News) - Wall Street stocks were in the red early on Thursday as market participants digested several data points and comments from an array of Federal Reserve bankers. Read More
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PTC to buy software firm ServiceMax for around $1.5bn
Thursday 17 Nov 2022
(Sharecast News) - PTC said on Thursday that it has agreed to buy software firm ServiceMax for around $1.46bn in cash from an entity majority owned by Silver Lake. Read More
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Fed's Bullard says 'restrictive' level of interest rates may lie between five to seven per cent
Thursday 17 Nov 2022
(Sharecast News) - A top US central bank official argued that short-term interest rates might need to rise to between 5-7% in order to be considered "sufficiently restrictive". Read More
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Factory sector activity declines in November, Philly Fed says
Thursday 17 Nov 2022
(Sharecast News) - Manufacturing sector activity in the US mid-Atlantic region worsened unexpectedly last month as factories reduced staffing levels and the work week shortened, the results of a close... Read More
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US jobless claims little changed during latest week
Thursday 17 Nov 2022
(Sharecast News) - Unemployment claims in the US slipped by just a tad last week but some economists said that the underlying trend might now be edging up. Read More
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US housing starts and permits fall by less than expected in October
Thursday 17 Nov 2022
(Sharecast News) - Homebuilders in the US broke ground on slightly more new houses last month than forecast by economists. Read More
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Macy's raises FY earnings guidance after Q3 results beat expectations
Thursday 17 Nov 2022
(Sharecast News) - Retailer Macy's raised full-year earnings guidance on Thursday after its third-quarter results came in ahead of Wall Street expectations. Read More
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Nexperia ordered to lower Newport Wafer Fab stake by 86%
Thursday 17 Nov 2022
(Sharecast News) - Chinese tech giant Nexperia has been ordered to dispose of its majority stake in British silicon chip manufacturer Newport Wafer Fab as part of an effort to "mitigate the risk to na... Read More
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Kohl's withdraws full-year guidance despite third-quarter beat
Thursday 17 Nov 2022
(Sharecast News) - Suburban department store specialist Kohl's beat Wall Street expectations on third-quarter revenue and profit in a pre-open update on Thursday, but it withdrew its full-year guidanc... Read More
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Lidl attracts £58m more spending from big four grocers
Thursday 17 Nov 2022
(Sharecast News) - Discount grocer Lidl claimed in an update on Thursday that British shoppers had switched £58m worth of spending from the 'big four' supermarkets - Tesco, J Sainsbury, Asda and Wm Mo... Read More
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US pre-open: Futures trade lower ahead of Fed speeches
Thursday 17 Nov 2022
(Sharecast News) - Wall Street futures were in the red ahead of the bell on Thursday as market participants awaited comments from an array of Federal Reserve bankers. Read More
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Asia report: Stocks fall as Japan trade deficit tops forecasts
Thursday 17 Nov 2022
(Sharecast News) - Stocks were mostly red in Asia on Thursday after Japan posted a bigger-than-expected trade deficit, with technology shares weaker in Hong Kong. Read More
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