International News
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US housing starts pick up in June, but details weak
Wednesday 17 Jul 2024
(Sharecast News) - Homebuilding activity in the US picked up last month, but the details of the report were not as strong as it might appear at first hand. Read More
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Klarna lining up financial advisers for US IPO - report
Wednesday 17 Jul 2024
(Sharecast News) - Swedish payments fintech Klarna is reportedly lining up financial advisers for a long-awaited initial public offering in the US that will be among the most anticipated listings in r... Read More
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US pre-open: Futures lower following Dow's big session
Wednesday 17 Jul 2024
(Sharecast News) - Wall Street futures were in the red ahead of the bell on Wednesday following big gains for the blue-chip Dow Jones in the previous session. Read More
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Adidas lifts full-year guidance, shares bounce
Wednesday 17 Jul 2024
(Sharecast News) - Shares in Adidas sparked on Wednesday, after the German firm boosted full-year guidance for the second time in three months. Read More
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EZ June inflation confirmed at 2.5%
Wednesday 17 Jul 2024
(Sharecast News) - Inflation in the eurozone fell to 2.5% in June from 2.6% in May, in line with the flash estimate published on July 2, according to official data published on Wednesday. Read More
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Asia report: Markets mixed as Japan manufacturing confidence rises
Wednesday 17 Jul 2024
(Sharecast News) - Asia-Pacific markets displayed a mixed performance on Wednesday, with Australia's benchmark surging to an all-time high, buoyed by strong performances in several key sectors. Read More
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Pernod Ricard to sell international wine brands to Accolade Wines owner
Wednesday 17 Jul 2024
(Sharecast News) - Pernod Ricard said on Wednesday that it has agreed to sell its international strategic wine brands to Australian Wine Holdco Limited (AWL), a consortium of international institution... Read More
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VF offloads Supreme to EssilorLuxottica for $1.5bn
Wednesday 17 Jul 2024
(Sharecast News) - Vans, Timberland and North Face owner VF Corp is selling Supreme to EssilorLuxottica for $1.5bn, just four years after the apparel conglomerate bought the streetwear brand for $2.1b... Read More
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US close: Dow and S&P 500 hit new record highs
Tuesday 16 Jul 2024
(Sharecast News) - Both the Dow and S&P 500 hit new all-time highs on Tuesday, with the Dow in particular notching for its best daily performance in more than a year, as bellwether stocks put in an im... Read More
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Europe close: Stocks lower but losses limited after positive start on Wall Street
Tuesday 16 Jul 2024
(Sharecast News) - European stocks finished firmly lower on Tuesday, but erased some losses before the close of play following a positive start on Wall Street. Read More
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Upside risks to inflation have increased, says IMF
Tuesday 16 Jul 2024
(Sharecast News) - The International Monetary Fund has lifted its estimate for economic growth next year but warned that inflationary pressures have increased, meaning central banks will likely have t... Read More
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US open: Dow Jones up 500 points at the bell
Tuesday 16 Jul 2024
(Sharecast News) - Wall Street stocks were mixed early on Tuesday, with the blue-chip Dow Jones rising to another new high at the open. Read More
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US retail sales stagnate in June
Tuesday 16 Jul 2024
(Sharecast News) - Retail sales in the United States were unchanged in June, according to the Census Bureau, in line with economists' expectations. Read More
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Morgan Stanley Q2 profits surge, wealth management unit disappoints
Tuesday 16 Jul 2024
(Sharecast News) - Morgan Stanley reported better-than-expected quarterly earnings on Tuesday morning on the back of a strong trading and investment banking performance. Read More
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Charles Schwab's Q2 earnings in line, but new brokerage accounts disappoint
Tuesday 16 Jul 2024
(Sharecast News) - American financial services group Charles Schwab met analysts' estimates with its second-quarter revenues and profits on Tuesday while total client assets hit an all-time high, but ... Read More
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US pre-open: Futures in the green following Dow's record-setting session
Tuesday 16 Jul 2024
(Sharecast News) - Wall Street futures were pointing to a positive open ahead of the bell on Tuesday following a record-setting session for the Dow. Read More
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Bank of America reports 'strong quarter' driven by noninterest income
Tuesday 16 Jul 2024
(Sharecast News) - Bank of America announced net income of $6.9bn for the second quarter on Tuesday, translating to earnings per share of 83 cents. Read More
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Hugo Boss downgrades expectations amid China, UK weakness
Tuesday 16 Jul 2024
(Sharecast News) - Shares in German fashion house Hugo Boss were sliding on Tuesday morning, after the company downgraded its sales and earnings projections for the year amid diminished consumer deman... Read More
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Asia report: Markets make modest gains after Powell speech
Tuesday 16 Jul 2024
(Sharecast News) - Markets in the Asia-Pacific region closed mostly higher on Tuesday as investors digested comments from US Federal Reserve chair Jerome Powell. Read More
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German economic outlook deteriorates for first time in a year - ZEW
Tuesday 16 Jul 2024
(Sharecast News) - The economic outlook in Germany deteriorated in July for the first time in a year, according to a survey released on Tuesday by the ZEW Center for European Economic Research in Mann... Read More
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