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ShareCast News

FX Roundup: Dollar, commodity linked currencies decline on Chinese data

(ShareCast News) - The dollar continued to decline on Tuesday, as expectations of a US interest rate hike eased while commodities linked currencies remained under pressure due to lacklustre Chinese manufacturing PMI data.
[1 Hour Ago]

US construction spending hits highest level in seven years

(ShareCast News) - US construction spending hit its highest level since May 2008 in July, figures released on Tuesday showed.
[1 Hour Ago]

US ISM index in July reaches lowest level in two years

(ShareCast News) - US manufacturers grew in August at their slowest pace in over two years, figures released on Tuesday showed.
[1 Hour Ago]

FTSE 100 movers: Miners plunge index into red; Rangold one of two risers

(ShareCast News) - The FTSE 100 was down almost 3% with miners pulling the blue chip index into the red. The index was down 161 points to 6,086.
[1 Hour Ago]

Havelock Europa tumbles after profit warning

(ShareCast News) - Shares in Havelock Europa tumbled on Tuesday after the company said full-year 2015 results will be materially below previous guidance, as it announced job cuts and the sale of its Teacherboards business.
[1 Hour Ago]

HSBC upgrades Shell, BG to 'buy'

(ShareCast News) - HSBC upgraded its stance on Royal Dutch Shell and BG Group to 'buy' from 'hold' as it took a look at global integrated oil companies.
[1 Hour Ago]

Wednesday preview: Ashtead set to reveal strong first quarter

(ShareCast News) - British industrial equipment rental company Ashtead Group is expected to report strong first quarter results on Wednesday.
[1 Hour Ago]

Broker tips: Paddy Power, ASOS, Ocado

(ShareCast News) - HSBC upgraded Paddy Power to 'hold' from 'reduce' and lifted its price target to 96.5 from 71.5 following strong first-half results and the company's deal with Betfair.
[2 Hours Ago]

FTSE 250 movers: Rentokil rallies on acquisition, Man Group drops on press report

(ShareCast News) - London's mid-cap index was in the red on Tuesday as weak Chinese and UK manufacturing figures weighed on sentiment. At 1440 BST, the index was down 1.8% at 16,807.07.
[2 Hours Ago]

Faroe Petroleum increases stakes in North Sea projects

(ShareCast News) - Oil and gas explorer Faroe Petroleum has increased its share in two gas fields in the North Sea, after agreeing to acquire Roc Oil in a deal worth to $20m.
[2 Hours Ago]

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