International News
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Europe close: Stocks rise but some analysts remain cautious
Wednesday 07 Aug 2024
(Sharecast News) - European shares advanced on Wednesday as investors played catch up with the bounce on Wall Street. Read More
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CVS Health lowers guidance after mixed second quarter
Wednesday 07 Aug 2024
(Sharecast News) - CVS Health Corporation revealed a mixed second-quarter performance on Wednesday, as well as a downward revision to its full-year earnings guidance due to continued pressure in its h... Read More
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Disney's theme parks drag on third quarter results
Wednesday 07 Aug 2024
(Sharecast News) - Walt Disney reported a mixed third-quarter performance on Wednesday, driven by significant growth in its streaming business, offset by challenges in its theme park operations. Read More
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US mortgage applications surge 6.9%
Wednesday 07 Aug 2024
(Sharecast News) - US mortgage applications surged by 6.9% in the week ended 2 August, according to the Mortgage Bankers Association, the sharpest increase in almost two months, erasing the prior two ... Read More
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US open: Major indices on track to claw back more losses
Wednesday 07 Aug 2024
(Sharecast News) - Major indices were in the green yet again early on Wednesday as stocks looked set to reclaim some more of their recent losses. Read More
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Bansk Group to buy PetIQ in $1.5bn deal
Wednesday 07 Aug 2024
(Sharecast News) - PetIQ said on Wednesday that it has agreed to be bought by New York-based private investment firm Bansk Group in a $1.5bn deal. Read More
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Evotec tumbles after profit warning
Wednesday 07 Aug 2024
(Sharecast News) - Evotec tumbled on Wednesday after the German biotech firm warned on profits. Read More
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US pre-open: Major indices look set to claw back more losses
Wednesday 07 Aug 2024
(Sharecast News) - Wall Street futures were in the green yet again ahead of the bell on Wednesday as stocks looked set to reclaim some more of their recent losses. Read More
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Lyft futures plummet despite surprise Q2 profit, as guidance disappoints
Wednesday 07 Aug 2024
(Sharecast News) - Lyft announced its first-ever quarter in the black on Wednesday on the back of a record number of rides, but shares tanked in pre-market trading as guidance for the current quarter ... Read More
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Tesla to recall 1.7m cars in China over bonnet latch problem
Wednesday 07 Aug 2024
(Sharecast News) - Tesla is to issue a software update to nearly 1.7m cars in China to fix an issue with the bonnet latch that affected a similar number of vehicles in the US last month. Read More
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Chinese trade surplus shrinks as imports surge
Wednesday 07 Aug 2024
(Sharecast News) - China's trade surplus shrank significantly in July, according to government figures released on Wednesday, as export growth eased and imports surged. Read More
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SoftBank unveils share buyback as losses narrow
Wednesday 07 Aug 2024
(Sharecast News) - Technology investing giant SoftBank Group reported a significant reduction in losses for its fiscal first quarter on Wednesday, alongside a bold plan to repurchase up to $3.4bn wort... Read More
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Asia report: Most markets rise as global rebound continues
Wednesday 07 Aug 2024
(Sharecast News) - Asia-Pacific markets extended their rally on Wednesday, buoyed by Wall Street's recovery after a three-day losing streak. Read More
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Siemens Energy posts Q3 profit, hikes FY free cash flow guidance
Wednesday 07 Aug 2024
(Sharecast News) - German gas and power business Siemens Energy upped its free cash flow guidance for the second time in three months on Wednesday amid stronger demand for its power grid technology an... Read More
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Puma narrows full-year profit guidance, shares tank
Wednesday 07 Aug 2024
(Sharecast News) - Puma tanked on Wednesday as the sportswear maker narrowed its full-year core profit forecast, noting that macroeconomic and geopolitical challenges were weighing on consumer sentime... Read More
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Commerzbank plans big share buyback despite profit dip
Wednesday 07 Aug 2024
(Sharecast News) - Commerzbank, Germany's second-largest listed bank, announced a 4.8% decline in second-quarter net profit on Wednesday, reporting earnings of €538m compared to €565m in t... Read More
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Maersk upgrades guidance after strong second quarter
Wednesday 07 Aug 2024
(Sharecast News) - Maersk reported a significant improvement in its second-quarter financial performance on Wednesday, driven by strong volume growth across all of its business segments. Read More
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Novo Nordisk lifts sales outlook but Q2 profits miss the mark
Wednesday 07 Aug 2024
(Sharecast News) - Shares in Novo Nordisk slumped in Copenhagen on Wednesday after the Danish pharma group missed forecasts with its second-quarter profits and cut its earnings guidance for the full y... Read More
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German industrial production jumps more than expected in June on auto output
Wednesday 07 Aug 2024
(Sharecast News) - Industrial production in Germany jumped in June, led by a partial rebound in output from the auto sector. Read More
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BoJ's Uchida says rates won't rise when markets unstable
Wednesday 07 Aug 2024
(Sharecast News) - Bank of Japan deputy governor Shinichi Uchida said the central bank would not lift interest rates when the markets are unstable, in response to this week's volatility that saw a mas... Read More
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