International News
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Eli Lilly hikes guidance as obesity drug sales soar
Thursday 08 Aug 2024
(Sharecast News) - Eli Lilly significantly raised its full-year revenue forecast by $3bn on Thursday, after reporting a strong second quarter driven by the robust performance of its blockbuster weight... Read More
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US initial jobless claims fall by 17,000
Thursday 08 Aug 2024
(Sharecast News) - Americans lined up for unemployment benefits at a decelerated pace in the week ended 3 August, according to the Labor Department. Read More
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Howard Hughes Holdings confirms potential offer from Pershing Square
Thursday 08 Aug 2024
(Sharecast News) - Real estate firm Howard Hughes Holdings said on Thursday that it had received a potential takeover offer from billionaire Bill Ackman's Pershing Square Capital Management. Read More
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Siemens Q3 profits jump as electrification demand rises
Thursday 08 Aug 2024
(Sharecast News) - German industrial technology conglomerate Siemens held on to full-year guidance on Thursday after posting a big jump in third-quarter profits. Read More
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US pre-open: Futures mostly lower amid resurgent recession fears
Thursday 08 Aug 2024
(Sharecast News) - Wall Street futures were mostly lower ahead of the opening bell on Thursday as fears that the US economy may be headed for a recession reappeared. Read More
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Allianz beefs up buyback plan after record first half
Thursday 08 Aug 2024
(Sharecast News) - German insurance and asset management titan Allianz has expanded its share buyback plan this year by 50% after announcing record profits in the first half. Read More
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Deutsche Telekom upbeat on strong second-quarter
Thursday 08 Aug 2024
(Sharecast News) - Deutsche Telekom has reported a strong second quarter on Thursday, continuing its steady growth trajectory. Read More
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Asia report: Markets mixed as global recovery stalls
Thursday 08 Aug 2024
(Sharecast News) - Asia-Pacific markets experienced a day of mixed performance on Thursday, reflecting cautious investor sentiment after overnight declines on Wall Street. Read More
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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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