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Ferrexpo margins to hit their high-water mark in 2018, Credit Suisse says

(ShareCast News) - Credit Suisse boosted its target price for shares of iron ore miner Ferrexpo by well over a third on the back of the recovery in prices seen over the past year and after the pellet premium surprised to the upside.
[17 Jan '18 18:28]

Numis downgrades Diploma to 'add', ups target

(ShareCast News) - Analysts at Numis downgraded their recommendation for stock of Diploma from 'buy' to 'add' despite raising their target price on the shares in the wake of the company's "encouraging" trading update for the first quarter.
[17 Jan '18 18:11]

London close: Deals news fails to boost stocks

(ShareCast News) - London stocks finished lower on Wednesday as Informa tumbled on news of a merger with UBM and weighed down by disappointing updates from the likes of Burberry and Pearson.
[17 Jan '18 17:16]

Skanska to shift focus towards UK business

(ShareCast News) - Swedish construction and project development company Skanska announced on Wednesday that it planned to shift its focus towards its business in the UK, laying off 3,000 of its employees across the globe as part of an effort to improve profitability following a strategic review initiated in 2017.
[17 Jan '18 16:27]

US industrial production, capacity in use jump in December

(ShareCast News) - Industrial production in the States surged ahead last month, boosted by sharply higher output from both mining and utilities.
[17 Jan '18 15:38]

Heathrow to reveal proposal for shortened third runway in cost cutting exercise

(ShareCast News) - Heathrow was set to unveil its new proposal for a shorter and cheaper third runway in an effort to push through its 15bn expansion plans.
[17 Jan '18 15:38]

NAHB housing market index slips to 72 in January, as expected

(ShareCast News) - Sentiment among US housebuilders deteriorated a little as expected in January, according to data released on Wednesday.
[17 Jan '18 15:09]

Deltex shares soar on new US contract news

(ShareCast News) - Deltex Medical Group shares almost doubled on Wednesday after it announced a new hospital account in the US.
[17 Jan '18 14:40]

Gender pay gap costs British women 138bn each year

(ShareCast News) - Women in Britain are being short-changed by 138bn per year when their earnings are compared to those of their male counterparts, according to data compiled by the Young Women's Trust.
[17 Jan '18 14:39]

Goldman Sachs posts first quarterly loss since 2011

(ShareCast News) - US-banking giant Goldman Sachs beat Wall Street estimates with the release of its fourth-quarter profits on Wednesday, but sweeping tax code changes signed into law by the President in December dragged the group to its first quarterly loss in six years.
[17 Jan '18 13:54]

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