ShareCast News





FTSE 250 movers: Synthomer drops into bottom spot

Shares in chemicals company Synthomer dropped on Thursday after the company said demand in Europe was weaker than anticipated during March and April, driving the overall group performance lower.
[Thu 15:27]

Falling US prices may steer Fed away from QE tapering

Consumer prices in the UK fell more than expected in April, offering Federal Reserve (Fed) members an argument to hold off plans to taper its quantitative easing programme.
[Thu 15:25]

Sector movers: Retailers gain as Dixons hits four-year high

The strong performance from the retail sector continued on Thursday after forecast-beating results from bellwether Dixons brightened the outlook for Britain's High Streets.
[Thu 15:21]

Friday preview: Premier Farnell reports on first quarter

Premier Farnell, the British distributor of electronic components to engineers, will release a first-quarter trading update on Friday, updating shareholders on its performance since the financial year-end of February 3rd.
[Thu 15:21]

Walmart posts unexpected fall in US sales

Walmart, the world's biggest retailer, unveiled a 1.4 per cent drop in US like-for-like sales in the 13 weeks to April 26th.
[Thu 14:46]

FTSE 100 movers: Aviva leads the way higher on turnaround strategy

Insurance group Aviva, was leading the risers after it said it is delivering on its turnaround strategy.
[Thu 14:39]

RBS cuts further 1,400 jobs from retail bank

Royal Bank of Scotland (RBS) is axing a further 1,400 jobs from its retail banking head office to slash costs.
[Thu 14:16]

Max Petroleum encounters hydrocarbons in Zhana Makat Field

AIM-listed oil and gas exploration and production company Max Petroleum has reported that the ZMA-E6 development well in the Zhana Makat Field has successfully reached a total depth of 897 metres, encountering hydrocarbons in Jurassic sandstone reservoirs, in line with expectations.
[Thu 14:02]

Glencore Xstrata brings in former BP boss as interim Chairman

Glencore Xstrata has brought in former BP Chief Executive Tony Hayward as its interim Chairman, a source told Reuters.
[Thu 13:56]

Ormonde Mining dips on unexercised option for La Zarza Copper Project

AIM-listed mineral resource company Ormonde Mining has reported that the option period for a possible agreement with the Spanish company Nueva Tharsis SA relating to the potential divestment of the company's interest in the La Zarza Copper Project, has ended with the option not being exercised.
[Thu 13:49]



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