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Important information: The value of investments can go down as well as up so you may get back less than you invest. Investors should note that the views expressed may no longer be current and may have already been acted upon. This is a third-party news feed and may not reflect Fidelity’s views.
Mon 09 Sep 2024 07:25
(Sharecast News) - Sports betting and gambling giant Entain reported better-than-expected second-half results in an update on Monday, with online net gaming revenue (NGR) showing stronger growth than forecast.
Mon 09 Sep 2024 07:23
(Sharecast News) - Magners cider maker C&C Group said first-half earnings had been in line with expectations, with net revenues expected to be down 3%.
Mon 09 Sep 2024 07:20
(Sharecast News) - Specialist healthcare property investor and developer Assura said on Monday that it has appointed Steven Noble to the newly-created role of chief investment officer to support the business' short and long-term growth strategy.
Mon 09 Sep 2024 07:05
(Sharecast News) - Barratt Developments, UK government agency Homes England and Lloyds Bank have formed a joint venture master developer platform that will focus on large sites to deal with Britain's housing shortfall.
Fri 06 Sep 2024 12:45
(Sharecast News) - The UK competition watchdog has launched a merger inquiry into GXO Logistics' £762m acquisition of Wincanton, it was confirmed on Friday.
Fri 06 Sep 2024 12:21
(Sharecast News) - Morgan Stanley initiated coverage of Melrose Industries on Friday at 'equalweight' with a 500 price target.
Fri 06 Sep 2024 11:34
(Sharecast News) - Richard Caring, the billionaire businessman known for his ownership of high-end London restaurants, was reportedly nearing a deal to sell a controlling stake in The Ivy Collection on Friday.
Fri 06 Sep 2024 10:32
(Sharecast News) - Shares in Digital 9 Infrastructure fell on Friday, after the investment trust warned of a sharp slide in its portfolio valuation.
Fri 06 Sep 2024 10:13
(Sharecast News) - Analysts at Canaccord Genuity raised their target price on exploration and production firm Zephyr Energy from 14.0p to 16.0p on Friday following the publication of the group's hotly-anticipated 36-2R production test results.
Fri 06 Sep 2024 09:57
(Sharecast News) - Analysts at Berenberg lowered their target price on bookmaker Entain from 1,140.0p to 1,020.0p on Friday, stating that the group was not yet "out of the woods".
Fri 06 Sep 2024 09:47
(Sharecast News) - Shares in Rolls-Royce Holdings came under pressure on Friday, after the European air regulator announced an one-off inspection of the UK firm's Trent XWB-97 engines.
Fri 06 Sep 2024 09:38
(Sharecast News) - Cairn Homes announced on Friday that chief executive officer Michael Stanley had sold eight million of its shares through a secondary placing.
Fri 06 Sep 2024 09:20
(Sharecast News) - Music instruments retailer Gear4music said on Friday that its year-to-date trading performance has been in line with internal expectations.
Fri 06 Sep 2024 09:01
(Sharecast News) - Nationwide Building Society's £2.9bn takeover of Virgin Money UK has received regulatory approval, it was announced on Friday.
Fri 06 Sep 2024 08:58
(Sharecast News) - Ceres Power announced the appointment of Stuart Paynter as its new chief financial officer and a board member on Friday, effective 1 October.
Fri 06 Sep 2024 08:53
(Sharecast News) - GSK announced positive results from its phase three 'MATINEE' clinical trial on Friday, which evaluated the effectiveness of 'Nucala', or mepolizumab, in treating chronic obstructive pulmonary disease (COPD).
Fri 06 Sep 2024 08:03
(Sharecast News) - Shares in public relations firm Next 15 nosedived early on Friday following the announcement that one of its biggest clients would not be renewing its contract.
Fri 06 Sep 2024 07:43
(Sharecast News) - The UK competition watchdog has accused Alphabet's Google of using its dominant position in digital advertising to hinder competition and favour its own services.
Fri 06 Sep 2024 07:37
(Sharecast News) - Housebuilder Berkeley Group backed its full-year guidance on Friday as it said trading in the first four months of the year has been stable.
Fri 06 Sep 2024 07:20
(Sharecast News) - Shares in Invinity Energy Systems were sliding on Friday morning, after it warned of a lengthened sales cycle and announced a change of chief executive officers.
Fri 06 Sep 2024 07:17
(Sharecast News) - Cybersecurity specialist Darktrace announced on Friday that Poppy Gustafsson was stepping down as chief executive officer, effective immediately.
Thu 05 Sep 2024 15:42
(Sharecast News) - RBC Capital Markets raised its target price on royalty and streaming company Ecora Resources from 100.0p to 120.0p on Thursday following the group's results call a day earlier.
Thu 05 Sep 2024 14:32
(Sharecast News) - The Competition and Markets Authority has launched an investigation into Ticketmaster follow the sale of tickets for legendary British rock band Oasis' upcoming reunion tour, including just how the company's controversial "dynamic pricing" may have been used.
Thu 05 Sep 2024 11:51
(Sharecast News) - All eyes at the end of the week will be on the US non-farm payrolls report for August, which may decide whether the Federal Reserve opts for a 25 or 50 basis point cut when its meets in two weeks' time.
Thu 05 Sep 2024 11:50
(Sharecast News) - Private sector employment in the US rose much less than expected in August, according to figures released on Thursday by ADP.
Thu 05 Sep 2024 11:12
(Sharecast News) - PPHE Hotel Group announced a major refinancing agreement with Aareal Bank on Thursday, extending the maturity of its existing loan for its Dutch hotel portfolio and the Holmes Hotel London.
Thu 05 Sep 2024 11:07
(Sharecast News) - Infrastructure investor International Public Partnerships declared a fully cash-covered interim dividend of 4.18p per share in its half-year results on Thursday, contributing to full-year target dividend growth of 3%, bringing the total to 8.37p per share for 2024, up from 8.13p in 2023.
Thu 05 Sep 2024 10:35
(Sharecast News) - Genus reported strategic progress amid challenging market conditions, particularly in China, in its preliminary full-year results on Thursday, although it warned of potential currency headwinds going forward.
Thu 05 Sep 2024 09:53
(Sharecast News) - Airline business Jet2 said on Thursday that summer 2024 on-sale seat capacity was 12.4% higher than Summer 2023 at 17.17m, a "slight increase" on the level reported at its preliminary results.
Thu 05 Sep 2024 09:51
(Sharecast News) - Shares in Funding Circle rocketed on Thursday, after the business lender unexpectedly swung into the black and boosted its full-year outlook.
Thu 05 Sep 2024 09:29
(Sharecast News) - Fresh prepared food provider Bakkavor Group announced a strong set of first-half results on Thursday, highlighting revenue growth, improved margins, and debt reduction.
Thu 05 Sep 2024 09:10
(Sharecast News) - Communications watchdog Ofcom said on Thursday that it will assess whether certain changes to Royal Mail's Second Class letter delivery would meet postal users' needs, ahead of consulting on proposals in early 2025.
Thu 05 Sep 2024 09:06
(Sharecast News) - WAG Payment Solutions insisted trading remained on track on Thursday, despite a sharp fall in half-year profits.
Thu 05 Sep 2024 08:31
(Sharecast News) - Currys posted a jump in sales on Thursday as the electricals retailer took a nearly 50% share of the UK laptop market.
Thu 05 Sep 2024 08:02
(Sharecast News) - Self-storage business Safestore reiterated its full-year earnings guidance on Thursday as it reported flat Q3 revenues.
Thu 05 Sep 2024 07:48
(Sharecast News) - Emerging markets-focussed asset manager Ashmore Group reported a relatively positive set of final results on Thursday, despite some challenges in assets under management (AuM).
Thu 05 Sep 2024 07:48
(Sharecast News) - Spectris said on Thursday that it has bought Austria's Piezocryst from AVL for €133.5m (£112.2m).
Thu 05 Sep 2024 07:47
(Sharecast News) - Shares in Asos surged by a fifth on Thursday as the troubled online fashion retailer said it was offloading 75% of the Topshop group as part of a joint venture deal with major shareholder, the Danish fashion billionaire Anders Holch Povlsen.
Thu 05 Sep 2024 07:34
(Sharecast News) - Housebuilder Vistry announced a further £130m share buyback on Thursday as it posted a 7% increase in first-half pre-tax profit.
Thu 05 Sep 2024 07:21
(Sharecast News) - UK oil firm EnQuest hit out at the energy profits levy on Thursday, arguing that current conditions meant the windfall tax was no longer merited.
Thu 05 Sep 2024 07:04
(Sharecast News) - Like‐for‐like sales at Primark were expected to fall by around 0.5% in the second half of the financial year due to wet weather in the UK and Ireland which hit womenswear and footwear, said parent company Associated British Foods.
Wed 04 Sep 2024 17:21
(Sharecast News) - US investment firm Sixth Street has partnered with Patron Capital Partners to compete against FTSE 100 housebuilder Persimmon in the bid to acquire privately-held UK housebuilder Cala Group, it emerged on Wednesday afternoon.
Wed 04 Sep 2024 15:11
(Sharecast News) - The Bank of Canada cut its benchmark rate on Wednesday to 4.25% from 4.5%, in line with economists' expectations, amid easing inflationary pressures.
Wed 04 Sep 2024 14:17
(Sharecast News) - The Competition and Markets Authority (CMA) has approved Microsoft's acquisition of key personnel and intellectual property from Inflection AI, it announced on Wednesday, determining that the deal does not significantly impact competition in the artificial intelligence (AI) market.
Wed 04 Sep 2024 13:54
(Sharecast News) - Stifel downgraded DS Smith on Wednesday to 'hold' from 'buy' and cut the price target to 480p from 498p as it said the company's near-term earnings are under pressure.
Wed 04 Sep 2024 13:46
(Sharecast News) - Investors' focus on Thursday will be on the US services sector.
Wed 04 Sep 2024 10:44
(Sharecast News) - Gulf Marine Services has reported a 9% increase in revenue for the first half on Wednesday, reaching $80.7m, driven by higher demand for its S-Class vessels and improved fleet day rates.
Wed 04 Sep 2024 10:14
(Sharecast News) - Alpha Group International reported a strong first-half financial performance on Wednesday, with revenue growth across its divisions and a solid profit increase, despite challenging market conditions.
Wed 04 Sep 2024 09:47
(Sharecast News) - Chapel Down tumbled on Wednesday as it announced the departure of its chief executive and reported a drop in first-half profits and revenue.
Wed 04 Sep 2024 09:17
(Sharecast News) - Analysts at Berenberg lowered their target price on hotels operator Dalata Hotel Group from 510.0p to 480.0p on Wendesday but applauded the group's "resilient H1 performance".
Wed 04 Sep 2024 09:15
(Sharecast News) - Property development business Henry Boot said on Wednesday that its land promotion and planning business, Hallam Land, has secured planning permission on appeal for 290 homes in Sittingbourne, Kent.
Wed 04 Sep 2024 09:06
(Sharecast News) - Financial technology group CAB Payments said on Wednesday that interim profits had slumped as FX headwinds continued to weigh on earnings.
Wed 04 Sep 2024 09:05
(Sharecast News) - Balanced Commercial Property Trust has agreed to be bought by private investment firm Starwood Capital for £673.5m.
Wed 04 Sep 2024 08:53
(Sharecast News) - Drugmaker Indivior said on Wednesday that the primary and secondary endpoints of Aelis Farma's clinical Phase 2B study of AEF0117 use in participants with cannabis use disorder had not been met.
Wed 04 Sep 2024 08:50
(Sharecast News) - CLS Holdings announced a significant leasing agreement at its Fangdieckstrasse 75 property in Hamburg on Wednesday, securing over 8,900 square metres of office and laboratory space.
Wed 04 Sep 2024 08:38
(Sharecast News) - Industrial thread maker Coats Group said it had completed de-risking its UK defined benefit pension scheme by purchasing a £1.3bn bulk annuity policy.
Wed 04 Sep 2024 08:02
(Sharecast News) - Investment manager M&G reported net outflows of £1.5bn for the six months ended 30 June, excluding its Heritage division, a marked difference compared to net inflows of £700.0m at the same time a year earlier.
Wed 04 Sep 2024 07:45
(Sharecast News) - UK home and car insurer Direct Line returned to profit but missed earnings expectations for the half-year as sharp price hikes saw customers shop for better deals.
Wed 04 Sep 2024 07:23
(Sharecast News) - Hilton Food Group reported strong first-half profit growth and increased volumes on Wednesday, although revenue slid more than 8% on a statutory basis.
Wed 04 Sep 2024 07:20
(Sharecast News) - The eurozone's private sector experienced its fastest growth in three months during August, driven by a stronger services sector, according to the latest Hamburg Commercial Bank (HCOB) eurozone composite purchasing managers' index (PMI) on Wednesday.
Wed 04 Sep 2024 07:19
(Sharecast News) - Segro said on Wednesday that it has agreed to buy rival Tritax EuroBox in a deal with an implied enterprise value of around £1.1bn including debt.
Wed 04 Sep 2024 07:04
(Sharecast News) - House builder Barratt reported a 75% plunge in annual profit, citing cost-of-living pressures, much higher mortgage rates and limited consumer confidence.
Tue 03 Sep 2024 13:12
(Sharecast News) - The market spotlight in the middle of the week will be on the health of the services sector on either side of the Channel.
Tue 03 Sep 2024 10:46
(Sharecast News) - Analysts at Canaccord Genuity lowered their target price on building products manufacturer Michelmersh Brick Holdings from 180.0p to 170.0p on Tuesday following the group's interim trading results.
Tue 03 Sep 2024 10:40
(Sharecast News) - Mexican billionaire Carlos Slim has increased his stake in BT Group, it emerged on Tuesday.
Tue 03 Sep 2024 10:14
(Sharecast News) - International diversified healthcare service provider Uniphar reported a solid set of first-half financial results on Tuesday, with notable growth across all of its divisions.
Tue 03 Sep 2024 10:07
(Sharecast News) - STV Group announced a robust set of first-half financial results on Tuesday, with significant growth in both revenue and profit.
Tue 03 Sep 2024 10:00
(Sharecast News) - SSE announced on Tuesday that its Cloiche Wind Farm has successfully secured a contract in the UK's sixth Contracts for Difference (CfD) allocation round.
Tue 03 Sep 2024 09:44
(Sharecast News) - Berenberg upgraded Hikma Pharmaceuticals on Tuesday and lifted the price target to 2,400p from 2,100p as it said "clear progress" had been made.
Tue 03 Sep 2024 08:29
(Sharecast News) - Oxford Nanopore Technologies reported a steady first-half performance on Tuesday, despite challenging market conditions.
Tue 03 Sep 2024 08:29
(Sharecast News) - Jefferies initiated coverage on Judges Scientific on Tuesday with a 'buy' rating and 12,230p price target, as it said the valuation is more attractive following the recent share price correction, particularly if potential M&A upside is considered.
Tue 03 Sep 2024 08:06
(Sharecast News) - Custom antibody alternatives business Aptamer said on Tuesday that it has extended its contract with household goods giant Unilever to progress its Optimer asset for deodorant development.
Tue 03 Sep 2024 07:40
(Sharecast News) - Midwich Group reported a robust first-half performance amid challenging market conditions on Tuesday, with a 5.8% increase in revenue to £646.1m, or 7.5% at constant currency.
Tue 03 Sep 2024 07:39
(Sharecast News) - Budget airline Ryanair reported record passengers numbers for August on Tuesday, up 8%.
Tue 03 Sep 2024 07:39
(Sharecast News) - The UK's Prudential Regulation Authority has green-lighted Spanish bank BBVA to take indirect control of Sabadell's British subsidiary TSB, BBVA said on Tuesday.
Tue 03 Sep 2024 07:15
(Sharecast News) - Ashtead Group reported modest first quarter revenue growth on Tuesday, amid challenging market conditions.
Tue 03 Sep 2024 07:15
(Sharecast News) - Packaging firm DS Smith said on Tuesday that overall trading for the current financial year was in line with management's expectations.
Tue 03 Sep 2024 07:11
(Sharecast News) - Hungary-based budget carrier Wizz Air reported a 1% rise in passenger numbers in August - setting a new record - although capacity fell due to continued groundings of aircraft using Pratt & Whitney's GTF engines.
Tue 03 Sep 2024 07:02
(Sharecast News) - Luxury timepiece seller Watches of Switzerland said it was on track to meet annual guidance after trading for the first 18 weeks of the financial year had been in line with expectations.
Mon 02 Sep 2024 15:22
(Sharecast News) - Investors' focus on Tuesday will be on the US manufacturing sector.
Mon 02 Sep 2024 15:10
(Sharecast News) - Hewlett Packard Enterprise (HPE) will continue its pursuit of up to $4bn in damages from the estate of the late Autonomy founder Mike Lynch, it emerged on Monday, despite his recent death.
Mon 02 Sep 2024 11:41
(Sharecast News) - Infection prevention products manufacturer Tristel confirmed on Monday that Matt Sassone had officially assumed the role of chief executive officer, following the retirement of Paul Swinney.
Mon 02 Sep 2024 11:35
(Sharecast News) - Downing Renewables & Infrastructure (DORE) announced its commitment to acquire three hydropower plants in Sweden on Monday, expanding its renewable energy portfolio.
Mon 02 Sep 2024 11:30
(Sharecast News) - Shore Capital has reiterated a 'buy' rating on Rightmove after Australia's REA Group confirmed it was considering an offer for the UK property platform, highlighting the opportunities for shareholders whether or not a takeover happens.
Mon 02 Sep 2024 11:04
(Sharecast News) - Phoenix's Aurora Investment Trust has proposed a merger with the Artemis Alpha Trust, it was reported on Monday, aiming to consolidate £353m in assets.
Mon 02 Sep 2024 10:24
(Sharecast News) - Berenberg initiated coverage of Bodycote on Monday with a 'buy' rating and "conservatively set" 800p price target.
Mon 02 Sep 2024 07:41
(Sharecast News) - The share price of Vertu Motors was in reverse on Monday after the car dealer reported a weaker environment for new car sales, which it said was offset by resilient pricing in the used vehicle market.
Mon 02 Sep 2024 07:18
(Sharecast News) - Self-storage operator Big Yellow Group announced progress on two major London projects on Monday, securing planning consent for a total of 307,000 square feet of storage space across two locations.
Mon 02 Sep 2024 07:16
(Sharecast News) - LondonMetric, the FTSE 250-listed real estate group, has announced a shake-up of its portfolio which includes £70m of warehouse acquisitions and £50m of non-core disposals.
Mon 02 Sep 2024 07:12
(Sharecast News) - Australian real estate advertising company REA Group has confirmed speculation that it is considering a possible cash and share offer for UK property platform Rightmove.
Mon 02 Sep 2024 07:07
(Sharecast News) - IT provider Kainos said it expected full-year revenues to be below market forecasts due to the tougher trading environment in services as clients delayed decisions on projects, but adjusted pre-tax profit would be in line with consensus estimates.
Fri 30 Aug 2024 12:27
(Sharecast News) - Jefferies cut its price target on real estate investment trust Life Sciences REIT from 45.0p to 36.0p following a visit to the group's Cambourne Science & Technology Park.
Fri 30 Aug 2024 11:00
(Sharecast News) - Bigblu Broadband reported a decline in first-half revenue on Friday, to £11.2m from £13m in the same period last year, reflecting a strategic decision to migrate customers onto higher-value packages.
Fri 30 Aug 2024 09:13
(Sharecast News) - Shares in South African coal miner Bisichi soared by more than a third on Friday after the company reported a significant jump in half-year profits, as production more than double while costs fell.
Fri 30 Aug 2024 09:00
(Sharecast News) - Shares in London & Associated Properties surged on Friday after the real estate group reported a return to profit in the first half, while the stock was boosted by its investment in South African coal miner Bisichi.
Fri 30 Aug 2024 08:38
(Sharecast News) - Ryanair has announced on that one of its non-executive directors has resigned after just six months on the board due to a potential conflict of interest in the coming months.
Fri 30 Aug 2024 08:01
(Sharecast News) - Analysts at Berenberg hiked their target price on building materials company Grafton from 1,100.0p to 1,200.0p on Friday, citing an "attractive opportunity".
Fri 30 Aug 2024 07:23
(Sharecast News) - German unemployment rose less than expected in August, according to Federal Labour Office figures published on Friday.
Fri 30 Aug 2024 07:21
(Sharecast News) - UK house prices unexpectedly dipped on the month in August, but rose at their fastest annual pace since December 2022, according to figures released by Nationwide on Friday.
Fri 30 Aug 2024 07:20
(Sharecast News) - STV Group announced the appointment of Rufus Radcliffe as its new chief executive officer on Friday, effective 1 November.
Thu 29 Aug 2024 12:44
(Sharecast News) - Tracsis said in an update on Thursday that its financial performance for the year ended 31 July was in line with revised guidance, despite a challenging operational environment.
Thu 29 Aug 2024 12:41
(Sharecast News) - Best Buy hiked its profit forecast for the year on Thursday, amid a positive shift in consumer demand for electronics.
Thu 29 Aug 2024 12:34
(Sharecast News) - The flow of economic data will pick up at the end of the week with inflation readings due out on either side of the Atlantic.
Thu 29 Aug 2024 12:32
(Sharecast News) - Shares in Dollar General were sliding in early trade on Thursday, after the retailer revised its annual sales and profit forecasts downward, citing a reduction in consumer spending on discretionary items.
Thu 29 Aug 2024 12:23
(Sharecast News) - Apax Global Alpha (AGA) announced an expected investment of €29m in supply chain risk management specialist Veriforce on Thursday.
Thu 29 Aug 2024 12:16
(Sharecast News) - BBGI Global Infrastructure announced a robust set of interim results on Thursday, achieving a net asset value total return of 2.4%, with its portfolio maintaining a high asset availability rate of 99.9%.
Thu 29 Aug 2024 11:59
(Sharecast News) - Sainsbury's said on Thursday that it has agreed to buy 10 leasehold stores from HHGL Limited, trading as Homebase, for conversion into supermarkets.
Thu 29 Aug 2024 11:57
(Sharecast News) - PRS REIT announced the receipt of a requisition letter from a group of significant shareholders on Thursday, collectively holding 17.3% of its issued share capital.
Thu 29 Aug 2024 10:03
(Sharecast News) - Close Brothers surged on Thursday as RBC Capital Markets upgraded the shares to 'outperform' from 'sector perform' and hiked the price target to 620p from 375p, citing a number of potential catalysts.
Thu 29 Aug 2024 09:35
(Sharecast News) - Foreign exchange business CAB Payments announced on Thursday that it will collaborate with Visa on FX and "last mile" payments across emerging markets.
Thu 29 Aug 2024 09:10
(Sharecast News) - Precision engineering firm Hunting said on Thursday that both revenue and profits had grown in the six months ended 30 June as its order book rose to record levels.
Thu 29 Aug 2024 08:54
(Sharecast News) - Judges Scientific, a specialist in the acquisition and development of businesses in the scientific instrument sector, announced on Thursday that its subsidiary Geotek had secured a binding contract for an upcoming coring expedition.
Thu 29 Aug 2024 07:56
(Sharecast News) - European shares opened higher on Thursday as investors awaited flash inflation numbers from Germany and regular eurozone sentiment data and also mulled the impact of earnings overnight from chip giant Nvidia.
Thu 29 Aug 2024 07:52
(Sharecast News) - UK convenience food supplier Greencore Group said it was extending its current share buyback programme by £10m resulting in a total maximum of £40m being allocated.
Thu 29 Aug 2024 07:51
(Sharecast News) - Jefferies said late on Wednesday that Tom Sosnoff and Scott Sheridan had sold 6.5m IG Group shares in a placing to a limited number of institutional investors.
Thu 29 Aug 2024 07:43
(Sharecast News) - Underlying profits at Gem Diamonds more than doubled in the first half as increases in production, as well as the number of larger gemstones recovered, was able to offset a dip in the average price per carat.
Thu 29 Aug 2024 07:21
(Sharecast News) - Ofgem has closed its probe into the biomass profiling data of Drax after investigating whether or not the power station group failed to meet sustainability criteria of so-called Renewable Obligation Certificates (ROCs).
Thu 29 Aug 2024 07:18
(Sharecast News) - GSK announced on Thursday that the European Commission had granted approval for Arexvy, a respiratory syncytial virus (RSV) vaccine, to be used in adults aged 50 to 59 who were at heightened risk of severe RSV-related illness.
Thu 29 Aug 2024 07:17
(Sharecast News) - RBC Capital Markets upgraded Bunzl on Thursday to 'sector perform' from 'underperform' and lifted the price target to 3,350 from 2,700p as revenue headwinds ease.
Thu 29 Aug 2024 07:02
(Sharecast News) - Hotels group PPHE posted a jump in half-yearly profits and held guidance despite supply chain issues holding up full openings of new art'hotel properties in London and Rome.
Wed 28 Aug 2024 17:37
(Sharecast News) - Investors' focus on Thursday would be on the latest quarterly results out of US semiconductor manufacturer Nvidia.
Wed 28 Aug 2024 14:05
(Sharecast News) - Under fire utility Thames Water - which has paid out billions in dividends to shareholders and faced criticism over leaks and pollution - wants to hit customers with a £228 annual rise in their bills.
Wed 28 Aug 2024 12:41
(Sharecast News) - Kohl's raised its annual profit forecast on Wednesday, after surpassing expectations for second-quarter earnings, driven by stringent cost management and reduced inventory levels.
Wed 28 Aug 2024 12:05
(Sharecast News) - Foot Locker reported its first comparable sales growth in six quarters on Wednesday, marking a milestone in its ongoing turnaround efforts.
Wed 28 Aug 2024 11:24
(Sharecast News) - Hyundai Motor announced ambitious plans to increase its annual global sales by 30% to 5.55 million vehicles by 2030 on Wednesday, with a significant focus on expanding its hybrid vehicle lineup.
Wed 28 Aug 2024 10:45
(Sharecast News) - Shore Capital has reiterated its 'buy' rating on GSK after the biopharma giant's latest update about its ongoing Zantac litigation, saying that the stock's valuation is still undemanding compared with the wider market.
Wed 28 Aug 2024 10:44
(Sharecast News) - EnQuest announced an expanded role in the decommissioning of the Greater Kittiwake Area (GKA) fields in the North Sea on Wednesday.
Wed 28 Aug 2024 09:29
(Sharecast News) - Citi upgraded Direct Line Insurance on Wednesday to 'buy' from 'neutral' and lifted the price target to 223p from 208p.
Wed 28 Aug 2024 09:24
(Sharecast News) - Analysts at Canaccord Genuity initiated coverage on shipbroking services firm Braemar with a 'buy' rating and 410.0p target price on Wednesday, stating it was "all aboard for the super cycle".
Wed 28 Aug 2024 08:48
(Sharecast News) - Driver monitoring technology company Seeing Machines reported a robust performance for the 2024 financial year in an update on Wednesday, with significant growth in revenue, expansion of its automotive programs, and strategic partnerships.
Wed 28 Aug 2024 08:28
(Sharecast News) - Citi downgraded Kingfisher to 'neutral' from 'buy' on Wednesday as it cited limited scope for near-term upgrades.
Wed 28 Aug 2024 08:02
(Sharecast News) - Online wine retailer Naked Wines said it was "in much better shape" than it was twelve months ago despite posting widened full-year losses on Wednesday.
Wed 28 Aug 2024 07:52
(Sharecast News) - Ted Baker's owner and retail conglomerate Authentic Brands Group has announced a deal with its US partner to relaunch the brand as a pure-play online retailer later this year after its final bricks-and-mortar stores closed this week.
Wed 28 Aug 2024 07:29
(Sharecast News) - Shares in Gem Diamonds were given a boost on Wednesday after the Southern Africa-focused diamond miner announced the recovery of another giant gemstone from its Letšeng mine.
Wed 28 Aug 2024 07:18
(Sharecast News) - GSK announced a number of developments on Wednesday, firstly welcoming a decision from the Delaware Supreme Court to review a lower court ruling that allowed the introduction of expert evidence in the ongoing litigation over 'Zantac', or ranitidine.
Wed 28 Aug 2024 07:16
(Sharecast News) - Wood Group said on Wednesday that it has agreed the sale of two businesses for around $165m as part of its programme to dispose of non-core businesses.
Wed 28 Aug 2024 07:14
(Sharecast News) - Americas-focused precious metals producer Hochschild Mining has reiterated its output guidance despite operations at its newly opened Mara Rosa mine running slowly, as it swung into profit for the first half on the back of rising commodity prices, lower costs and a reduction in impairment charges.
Wed 28 Aug 2024 07:12
(Sharecast News) - Insurance giant Prudential said it is on track to hit its medium-term profit targets after a solid first half, and announced an acceleration in sales momentum since the period-end.
Wed 28 Aug 2024 07:02
(Sharecast News) - Frasers Group said it had taken a 14.65% stake in Accent Group, a retail and distribution business in Australia and New Zealand's performance and lifestyle market.
Tue 27 Aug 2024 15:49
(Sharecast News) - Britvic edged a step closer to being taken over by Danish brewer Carlsberg on Tuesday.
Tue 27 Aug 2024 14:15
(Sharecast News) - JD Sports-based Applied Nutrition has confirmed plans for a potential initial public offering in London that could value the sports supplements and protein shake maker at £500m.
Tue 27 Aug 2024 14:02
(Sharecast News) - Shop workers at high-street retailer Next won a landmark legal victory on Tuesday, after a six-year battle for equal pay, potentially leading to over £30m in compensation.
Tue 27 Aug 2024 13:00
(Sharecast News) - Clinical-stage biopharmaceutical company Faron Pharmaceuticals announced on Tuesday that its lead candidate, bexmarilimab, has been granted fast track designation by the US Food and Drug Administration (FDA), for the treatment of relapsed or refractory myelodysplastic syndrome (r/r MDS) in combination with azacitidine.
Tue 27 Aug 2024 12:53
(Sharecast News) - Jefferies reiterated its positive stance on UK housebuilders on Tuesday, saying it still sees considerable upside potential to share prices from the improving rate environment and government changes to planning.
Tue 27 Aug 2024 12:03
(Sharecast News) - Belluscura, a developer of lightweight and portable oxygen enrichment technology, reported strong sales momentum and an optimistic trading outlook on Tuesday, as it prepared for the full commercial launch of its new 'DISCOV-R' portable oxygen concentrator.
Tue 27 Aug 2024 11:58
(Sharecast News) - The economic calendar on Wednesday will be sparse with only a smattering of risk events for investors to keep tabs on.
Tue 27 Aug 2024 11:30
(Sharecast News) - Chinese e-commerce giant JD.com unveiled a new $5bn share buyback programme on Tuesday, set to begin in September and extend over the next 36 months.
Tue 27 Aug 2024 11:13
(Sharecast News) - Multi-asset fintech firm Plus500 announced the launch of a share buyback programme valued at up to $110m on Tuesday.
Tue 27 Aug 2024 10:56
(Sharecast News) - Bunzl shares surged to an all-time high on Tuesday after a stronger-than-expected set of half-year results and a new share buyback programme, but that wasn't enough to change Jefferies' negative view on the stock.
Tue 27 Aug 2024 10:23
(Sharecast News) - Associated British Foods slumped on Tuesday as Deutsche Bank downgraded its rating on shares of the Primark owner to 'sell' from 'hold' and cut the price target to 2,190p from 2,290p.
Tue 27 Aug 2024 10:22
(Sharecast News) - Fund manager Bridgepoint Capital has disposed of British arts and crafts retailer Hobbycraft to investment group Modella Capital for an undisclosed sum.
Tue 27 Aug 2024 10:13
(Sharecast News) - Budget carrier Ryanair said on Tuesday that it no longer sees a risk of average fares falling by double-digit percentages and that a more moderate 5% fall "looks reasonably accurate" for the all-important three months ending September.
Tue 27 Aug 2024 10:00
(Sharecast News) - Analysts at Berenberg raised their target price on bookmaker Flutter from 18,600.0p to 18,800.0p on Tuesday following the group's "exceptional" second-quarter results.
Tue 27 Aug 2024 09:45
(Sharecast News) - Edgar Bronfman Jr officially withdrew his bid to acquire Paramount Global on Tuesday, effectively clearing the way for Skydance Media to take control of the company.
Tue 27 Aug 2024 09:40
(Sharecast News) - Exploration and production firm Woodside Energy shares advanced on Tuesday despite posting a decline in interim profits as a result of lower prices for liquefied gas.
Tue 27 Aug 2024 08:52
(Sharecast News) - Gold miner Endeavour Mining said on Tuesday that it will receive $60.0m from Lilium Gold as part of a settlement agreement brokered by the government of Burkino Faso for the disposal of its Boungou and Wahgnion mines.
Tue 27 Aug 2024 08:31
(Sharecast News) - Harbour Energy surged on Tuesday after saying that its acquisition of the Wintershall Dea asset portfolio was set to complete earlier than expected.
Tue 27 Aug 2024 07:32
(Sharecast News) - Mining titan BHP reported a bigger-than-expected increase in full-year underlying profits, helped by record volumes of iron ore and higher copper output, but warned of an "uneven" recovery in China.
Tue 27 Aug 2024 07:18
(Sharecast News) - Bunzl shares were surging on Tuesday morning after it upgraded its full-year guidance and launched a share buyback programme, even after first-half revenue slipped 3.3% to £5.71bn.
Tue 27 Aug 2024 07:18
(Sharecast News) - German consumer sentiment is expected to deteriorate sharply in September, according to a survey released on Tuesday by GfK and the Nuremberg Institute for Market Decisions (NIM).
Tue 27 Aug 2024 07:14
(Sharecast News) - Online grocer and food logistics group Ocado has announced that operations have finally started at two customer fulfilment centres in Australia a year later than planned, as part of its partnership with retail chain Coles.
Fri 23 Aug 2024 11:46
(Sharecast News) - Anglo-Eastern Plantations, a producer of palm oil and rubber with operations in Indonesia and Malaysia, reported first-half revenue of $166.7m in its interim results on Friday, down 4% from $173.4m in the same period last year.
Fri 23 Aug 2024 11:35
(Sharecast News) - Energy services company Petrofac announced an extension of its existing forbearance agreement for the non-payment of interest on its senior secured notes on Friday.
Fri 23 Aug 2024 09:40
(Sharecast News) - Water regulator Ofwat confirmed the immediate implementation of new measures on Friday, to address Thames Water's recent loss of its investment-grade credit ratings.
Fri 23 Aug 2024 08:51
(Sharecast News) - Direct Line Insurance Group announced a correction to its previously-reported Solvency Capital Ratio (SCR) for the year ending 2023 on Friday, after it identified a miscalculation.
Fri 23 Aug 2024 08:42
(Sharecast News) - Nestle slumped on Friday as it announced the departure of chief executive Mark Schneider, who will be replaced by Laurent Freixe.
Fri 23 Aug 2024 07:34
(Sharecast News) - Recruitment software supplier Dillistone Group warned on Friday that the market remained challenging and, if anything, had softened further in the second quarter and into Q3.
Fri 23 Aug 2024 07:33
(Sharecast News) - Hiscox said on Friday that it had appointed senior independent director Colin Keogh as interim chair following the death of Jonathan Bloomer earlier in the week.
Fri 23 Aug 2024 07:20
(Sharecast News) - William Hill owner Evoke announced the acquisition of New Gambling Solutions (NGS on Friday, which operates Winner.ro, Romania's seventh-largest online betting and gaming platform.
Thu 22 Aug 2024 13:27
(Sharecast News) - Escher Group, a supplier of software to post offices around the world, is reportedly plotting a return to the London stock market six years after it was taken private.
Thu 22 Aug 2024 12:29
(Sharecast News) - Molecular diagnostics company Novacyt announced the successful recovery of £12.2m in VAT from HM Revenue and Customs (HMRC) on Thursday.
Thu 22 Aug 2024 11:01
(Sharecast News) - Housing and care service specialist Mears Group announced the launch of a new share buyback programme on Thursday, worth up to £20m.
Thu 22 Aug 2024 10:58
(Sharecast News) - Macfarlane Group reported an 8% drop in first-half group revenue on Thursday, to £129.6m, down from £141.6m in the first six months of 2023.
Thu 22 Aug 2024 09:47
(Sharecast News) - Jefferies upgraded Admiral on Thursday to 'hold' from 'underperform' and lifted the price target to 3,025p from 2,300p as it upped its earnings per share forecasts.
Thu 22 Aug 2024 09:29
(Sharecast News) - Credit ratings agency S&P Global has upgraded its view on aerospace engineer Rolls-Royce by one notch on the back of the group's rising profitability, strong cash generation and deleveraging.
Thu 22 Aug 2024 09:20
(Sharecast News) - Analysts at Berenberg raised their target price on property investment and development business Derwent London from 2,494.0p to 2,700.0p on Thursday, stating the group's improving outlook should drive performance.
Thu 22 Aug 2024 09:02
(Sharecast News) - Exploration and production company Ithaca Energy said in its half-year results on Thursday that amid a decrease in production, it achieved adjusted EBITDAX of $533m, down from $979.7m in the first half of last year.
Thu 22 Aug 2024 08:47
(Sharecast News) - Investors' focus at the end of the week will be on the Jackson Hole Economic Symposium, with the governors of the Bank of England, Bank of Japan and the President of the US Federal Reserve due to deliver speeches.
Thu 22 Aug 2024 08:19
(Sharecast News) - Recruiter Hays posted a decline in full-year profit on Thursday as it highlighted "a clear slowdown" in challenging markets.
Thu 22 Aug 2024 07:18
(Sharecast News) - Serco has been awarded a $320m contract by the US Army Corps of Engineers (USACE), it announced on Thursday, to modernise the electrical infrastructure at the US Space Force's Pituffik Space Base in Greenland.
Thu 22 Aug 2024 07:17
(Sharecast News) - JPMorgan Cazenove upped its price target on Segro on Thursday to 1,050p from 1,000p as it reassessed the outlook for the company following first-half results.
Thu 22 Aug 2024 07:17
(Sharecast News) - Bank of Georgia has announced a £21m share buyback programme as it unveiled its results for the second quarter, in which it delivered an 11% increase in profits as it incorporated Armenian bank Ameriabank into its P&L for the first time post-acquisition.
Thu 22 Aug 2024 07:15
(Sharecast News) - Sports apparel and footwear retailer JD Sports Fashion saw a return to like-for-like growth in its second quarter, with its store rollout programme in North America and Europe providing a boost while the UK market remains subdued.
Wed 21 Aug 2024 15:39
(Sharecast News) - Cineworld's US-based parent will reportedly inject £35m into modernising its British cinema estate if a rescue plan being put to creditors is successful.
Wed 21 Aug 2024 13:10
(Sharecast News) - Shares in US department store retailer Macy's were sliding early on Wednesday, after it reported better-than-expected second-quarter earnings despite a drop in sales, and revised its full-year guidance downwards.
Wed 21 Aug 2024 13:04
(Sharecast News) - The Competition and Markets Authority (CMA) has closed its investigations into Google's Play Store and Apple's App Store, it announced on Wednesday, shifting its focus to the forthcoming digital markets competition regime.
Wed 21 Aug 2024 12:35
(Sharecast News) - Broadcast and media technology software provider Pebble Beach Systems reported a 12% year-on-year increase in order intake in its half-year report on Wednesday, reaching £4.9m, up from £4.4m in the first six months of 2023.
Wed 21 Aug 2024 12:27
(Sharecast News) - The market spotlight on Thursday would be on a raft of preliminary survey results for manufacturing and services in the month of August due out in the UK, euro area and US.
Wed 21 Aug 2024 11:23
(Sharecast News) - Analysts at Canaccord Genuity lowered their target price on agriculture investment business Agronomics from 20.0p to 17.5p on Wednesday after the group's latest net asset value update showed a modest reduction its NAV/share ratio.
Wed 21 Aug 2024 11:21
(Sharecast News) - Target shares surged on Wednesday after the US retailer posted better-than-expected second-quarter earnings and lifted its annual profit outlook.
Wed 21 Aug 2024 10:51
(Sharecast News) - London-listed Watkin Jones lost almost a third of its market value on Wednesday after the residential property manager and developer delivered a profit warning and projected a slower-than-expected market recovery.
Wed 21 Aug 2024 09:46
(Sharecast News) - UK high-end supermarket chain Waitrose its ramping up its brand investment plans, injecting £1bn to open up to 100 convenience shops and upgrade a number of existing supermarkets over the next five years.
Wed 21 Aug 2024 09:36
(Sharecast News) - RBC Capital Markets lifted its price target on Admiral on Wednesday to 3,550p from 3,400p and reiterated its 'outperform' rating.
Wed 21 Aug 2024 08:22
(Sharecast News) - JPMorgan has reiterated its 'outperform' rating on BT Group despite competition concerns hitting the stock following the announcement that Sky has signed a wholesale deal with CityFibre.
Wed 21 Aug 2024 07:43
(Sharecast News) - Jefferies upgraded Victrex on Wednesday to 'hold' from 'underperform' "purely" on valuation grounds.
Wed 21 Aug 2024 07:25
(Sharecast News) - Costain has announced a £10m share buyback programme as it reported higher profits for the first half on the back of improved margins and a better product mix.
Wed 21 Aug 2024 07:18
(Sharecast News) - Molten Ventures, a prominent venture capital firm known for investing in high-growth digital technology companies, announced a substantial increase in the valuation of its holding in fintech company Revolut on Wednesday.
Wed 21 Aug 2024 07:17
(Sharecast News) - The competition authority has announced that the allowances made by Barratt Developments and Redrow in order to pave way for regulatory approval may just be enough to get the green light.
Wed 21 Aug 2024 07:15
(Sharecast News) - Government borrowing was higher than expected in July, according to figures released on Wednesday by the Office for National Statistics.
Wed 21 Aug 2024 07:07
(Sharecast News) - Mobico shares surged by a fifth on Wednesday after the public transport operator started the sale process for its North American school bus business to cut debt and reported a jump in adjusted interim operating profit driven by positive demand and cost cuts.
Tue 20 Aug 2024 17:22
(Sharecast News) - UBS downgraded Segro on Tuesday to 'neutral' from 'buy' and cut the price target to 985p from 1,045p due to a weaker outlook for logistics rental growth.
Tue 20 Aug 2024 15:58
(Sharecast News) -
Tue 20 Aug 2024 13:48
(Sharecast News) - Arts and crafts retailer Hobbycraft is reportedly on the brink of being sold to a specialist investor whose executives have backed chains including Paperchase and Tie Rack.
Tue 20 Aug 2024 12:58
(Sharecast News) - Johnson & Johnson said on Tuesday that it has agreed to buy V-Wave, a privately-held company focused on developing treatment options for patients with heart failure, for up to $1.7bn.
Tue 20 Aug 2024 10:56
(Sharecast News) - Light Science Technologies, which operates across three divisions - controlled environment agriculture (CEA), contract electronics manufacturing (CEM), and passive fire protection (PFP) - announced strong trading in its CEM division on Tuesday, with the receipt of a third order from a key customer in the sports entertainment sector.
Tue 20 Aug 2024 10:45
(Sharecast News) - Gold prices hit a new all-time high on Tuesday amid growing expectations of US rate cuts in September and after the People's Bank of China issued new import quotas.
Tue 20 Aug 2024 09:58
(Sharecast News) - Renalytix, a company specialising in artificial intelligence-enabled diagnostics for kidney disease, announced the termination of its formal sale process on Tuesday.
Tue 20 Aug 2024 09:35
(Sharecast News) - RBC Capital Markets has reiterated its 'outperform' call on Serco Group, saying the essential public services providers' strong execution and prospects are currently "underappreciated" by the market.
Tue 20 Aug 2024 09:26
(Sharecast News) - BT Group slumped on Tuesday after competitor CityFibre announced a long-term broadband partnership with Sky.
Tue 20 Aug 2024 09:24
(Sharecast News) - Analysts at Berenberg hiked their target price on scientific instruments business Judges Scientific from 12,000.0p to 12,400.0p on Tuesday following the firm's acquisition of Teer Coatings holding company Magsputter.
Tue 20 Aug 2024 09:10
(Sharecast News) - Triple Point Social Housing REIT announced on Tuesday that it has successfully transferred the leases of 38 properties, previously leased to Parasol, to Westmoreland Housing Association.
Tue 20 Aug 2024 09:00
(Sharecast News) - Diversified Energy announced a conditional agreement to acquire a package of natural gas assets in eastern Texas on Tuesday, for $69m.
Tue 20 Aug 2024 08:55
(Sharecast News) - Power generation business Drax said on Tuesday that it has struck a new sustainability-linked £450.0m revolving credit facility.
Tue 20 Aug 2024 08:43
(Sharecast News) - Sweden's Riksbank cut its benchmark rate by 25 basis points on Tuesday to 3.5%, as widely expected.
Tue 20 Aug 2024 07:36
(Sharecast News) - Wood Group said on Tuesday that it swung to an operating loss in the first half as revenue fell, but the engineering firm backed its outlook for this year and the next.
Tue 20 Aug 2024 07:32
(Sharecast News) - Copper miner Antofagasta reported a 7% drop in half-year profits as higher prices were offset by falling volumes and higher depreciation and amortisation, though the bottom line came in slightly ahead of market forecasts.
Tue 20 Aug 2024 07:22
(Sharecast News) - Pharmaceutical giant GSK announced on Tuesday that the US Food and Drug Administration (FDA) has granted breakthrough therapy designation to its investigational drug, GSK5764227 (GSK'227), for the treatment of patients with extensive-stage small-cell lung cancer (ES-SCLC) who had experienced disease progression following platinum-based chemotherapy.
Tue 20 Aug 2024 07:18
(Sharecast News) - Mining tech group Weir has been awarded a £53m contract on the Reko Diq copper-gold project in Pakistan, a greenfield development part-owned by Barrick Gold Corporation that is said to be one of the largest mines of its kind in the world.
Mon 19 Aug 2024 18:12
(Sharecast News) - The market spotlight on Tuesday will be on a final reading for euro area consumer prices.
Mon 19 Aug 2024 15:05
(Sharecast News) - Energean has announced the successful start-up of the Cassiopea field, offshore Italy.
Mon 19 Aug 2024 11:41
(Sharecast News) - Advanced Micro Devices said on Monday that it has agreed to buy AI infrastructure provider ZT Systems in a $4.9bn cash and share deal.
Mon 19 Aug 2024 11:20
(Sharecast News) - Professional services firm JTC announced its proposed acquisition of the Buck UK and European Share Plan Administration and Trustee Businesses on Monday, from Arthur J Gallagher & Co.
Mon 19 Aug 2024 09:29
(Sharecast News) - Data and telecommunications technology firm BATM Advanced Communications said on Monday that interim revenues were broadly flat despite reporting "substantial growth" in its cyber unit.
Mon 19 Aug 2024 09:10
(Sharecast News) - Jefferies has trimmed its target price for Domino's Pizza Group following recently lowered guidance, but has kept its 'buy' rating on the stock on the back of its undemanding valuation.
Mon 19 Aug 2024 07:18
(Sharecast News) - Plus500 announced a strong set of interim results on Monday, with significant financial growth, as it lifted its full-year expectations.
Mon 19 Aug 2024 07:15
(Sharecast News) - A major environmental group in Australia said it was dropping a court challenge to stop Woodside Energy's $12.5bn Scarborough gas project in Western Australia.
Mon 19 Aug 2024 07:07
(Sharecast News) - Barratt Developments and Redrow have reported that their impending £2.5bn merger should complete later this week despite local competition concerns raised by regulators.
Mon 19 Aug 2024 07:03
(Sharecast News) - Caledonia Investments said it had paid £55m to buy a majority stake in Direct Tyre Management, a provider of outsourced tyre management services to fleet operators.
Fri 16 Aug 2024 11:54
(Sharecast News) - British fintech firm Revolut reached a valuation of $45bn, it was reported on Friday, after a secondary share sale involving new and existing investors.
Fri 16 Aug 2024 10:14
(Sharecast News) - The Financial Conduct Authority has fined PwC £15.0m for failing to report its belief that London Capital & Finance may be involved in fraudulent activity, marking the first time the regulator has fined an audit firm.
Fri 16 Aug 2024 09:55
(Sharecast News) - Shares in German chemicals maker Bayer surged on Friday after a US appeals court said it was protected under federal law which would limit liability from claims that its Roundup weed killer causes cancer.
Fri 16 Aug 2024 09:49
(Sharecast News) - Simec Atlantis Energy announced on Friday that it has been granted the Green Economy Mark by the London Stock Exchange.
Fri 16 Aug 2024 09:47
(Sharecast News) - The Competition and Markets Authority said on Friday that it will press ahead with its study of the infant formula and follow-on market after finding earlier this year that prices remained at historically high levels.
Fri 16 Aug 2024 08:42
(Sharecast News) - GlobalData announced a modification to its £10m share buyback programme on Friday, designed to return surplus capital to shareholders.
Fri 16 Aug 2024 07:48
(Sharecast News) - Analysts at Berenberg hiked their target price on real estate investment trust Shaftesbury Capital from 160.0p to 174.0p on Friday, citing a broad-based recovery.
Fri 16 Aug 2024 07:15
(Sharecast News) - AstraZeneca announced on Friday that the US Food and Drug Administration (FDA) has approved its drug durvalumab, branded Imfinzi, for the treatment of early-stage non-small cell lung cancer (NSCLC) in patients eligible for surgery.
Fri 16 Aug 2024 07:05
(Sharecast News) - UK pharma giant GSK has welcomed a US court ruling excluding expert testimony in the long-running Zantac lawsuit where the plaintiffs allege the heartburn drug caused cancer and said it would now ask for the case to be dismissed.
Thu 15 Aug 2024 12:29
(Sharecast News) - The market spotlight at the end of the week will continue to be on the US, where a flurry of economic indicators are due out.
Thu 15 Aug 2024 12:04
(Sharecast News) - Private equity firm TPG has been shortlisted as a potential buyer for the easyHotel chain of budget accommodation, it was reported on Thursday, valued at about £400m.
Thu 15 Aug 2024 11:13
(Sharecast News) - Managed IT service provider Redcentric reported a robust full-year financial performance on Thursday, alongside significant progress in operational integration.
Thu 15 Aug 2024 10:54
(Sharecast News) - RBC Capital Markets upgraded DCC on Thursday to 'outperform' from 'sector perform' and lifted the price target to 5,800p from 5,700p following recent weakness.
Thu 15 Aug 2024 10:54
(Sharecast News) - 3i Infrastructure portfolio company Future Biogas has acquired a 51% stake in a portfolio of six anaerobic digestion facilities from JLEN Environmental Assets Group, it was announced on Thursday, for £68.1m.
Thu 15 Aug 2024 10:46
(Sharecast News) - Empiric Student Property reported a strong financial and operational first-half performance on Thursday, with a strategic shift towards growth as the company capitalised on favourable market conditions.
Thu 15 Aug 2024 10:34
(Sharecast News) - Mining services company Capital reported a mixed first half on Thursday, as it continued its strategic expansion and investment in new growth areas.
Thu 15 Aug 2024 10:18
(Sharecast News) - Analysts at Berenberg took a fresh look at the British insolvency services market on Thursday as it dissected the impact of the Labour Party's recent UK election victory on the sector.
Thu 15 Aug 2024 10:03
(Sharecast News) - Shares in specialist lender OSB Group were sliding on Thursday morning despite a robust set of first-half results, as it cut its net interest guidance for the full financial year.
Thu 15 Aug 2024 09:53
(Sharecast News) - C&C Group said in a trading update on Thursday that despite challenging weather conditions in June, its earnings for the year to date were in line with expectations, with a strong outlook for the rest of the financial year.
Thu 15 Aug 2024 09:26
(Sharecast News) - Rank Group said on Thursday that it swung back into the black in the year to the end of June as the Mecca Bingo and Grosvenor owner hailed a year of strong financial progress.
Thu 15 Aug 2024 09:19
(Sharecast News) - Gas and oil production company Diversified Energy delivered strong H1 results on Thursday.
Thu 15 Aug 2024 09:06
(Sharecast News) - William Hill and 888 owner Evoke reported a slump in first-half profits on Thursday as it highlighted a "disappointing" performance but sounded an upbeat note on the outlook.
Thu 15 Aug 2024 07:59
(Sharecast News) - Energy storage and clean fuel company ITM Power said on Thursday that revenues had more than tripled in the 12 months ended 30 April.
Thu 15 Aug 2024 07:18
(Sharecast News) - Woodside flagged anticipated first-half production costs of $710m to $780m in an update on Thursday, with royalties, excise and levies expected to amount to $180m to $210m.
Thu 15 Aug 2024 07:15
(Sharecast News) - Specialist scientific instrument investor Judges Scientific announced the acquisition of Magsputter, the holding company of Teer Coatings, on Thursday.
Thu 15 Aug 2024 07:04
(Sharecast News) - Shares in Admiral surged on Thursday as the UK insurance group posted a better-than-expected 32% rise in half-year pre-tax profits to £310m, driven by an improved current year underwriting performance and claims releases.
Wed 14 Aug 2024 16:31
(Sharecast News) - Canaccord Genuity stood by its 'buy' rating and 260.0p target price on software and services firm Beeks Financial Cloud on Wednesday following a fresh update from the group.
Wed 14 Aug 2024 15:30
(Sharecast News) - Investors' focus on Thursday will be on a raft of US economic data which may be even more closely scrutinised than usual as the central bank's mid-September meeting approaches.
Wed 14 Aug 2024 12:30
(Sharecast News) - Shares in lingerie and fashion giant Victoria's Secret were rising early on Wednesday, after it announced the appointment of a new CEO, and reported preliminary quarterly results ahead of its previous forecasts.
Wed 14 Aug 2024 11:48
(Sharecast News) - Mars confirmed on Wednesday that it has agreed to buy Pringles and Cheez-It maker Kellanova in a $35.9bn deal.
Wed 14 Aug 2024 11:00
(Sharecast News) - Beeks Financial Cloud, a provider of cloud computing and connectivity solutions for financial markets, announced on Wednesday that it has received regulatory approval for its Exchange Cloud contract with one of the largest exchange groups globally.
Wed 14 Aug 2024 10:49
(Sharecast News) - Playtech surged on Wednesday after confirming it is in talks with Flutter Entertainment about the possible sale of its Italian business, Snaitech.
Wed 14 Aug 2024 10:46
(Sharecast News) - Secure Trust Bank reported a solid set of first-half financial results on Wednesday, with a 14% increase in profit before tax to £17.1m, up from £15m in the same period last year.
Wed 14 Aug 2024 10:40
(Sharecast News) - Homeware company Ultimate Products reported a 6.5% decrease in unaudited group revenue in an update on Wednesday, to £155.5m for the financial year just ended, from £166.3m a year earlier.
Wed 14 Aug 2024 10:35
(Sharecast News) - Titanium and zircon producer Kenmare Resources reported a 33% year-on-year decline in first-half revenue on Wednesday, to $154.5m.
Wed 14 Aug 2024 10:28
(Sharecast News) - Mining services company Capital Limited announced the sale of its entire shareholding in Predictive Discovery (PDI) on Wednesday, to Perseus Mining for a total cash consideration of AUD 47.3m (£24.42m).
Wed 14 Aug 2024 10:10
(Sharecast News) - Analysts at Berenberg lowered their target price on chemicals company Synthomer from 375.0p to 340.0p on Wednesday after the group's interim earnings "delivered both grounds for hope and reasons for caution".
Wed 14 Aug 2024 09:17
(Sharecast News) - Insurance firm Aviva said on Wednesday that profits had surged in the six months ended 30 June on the back of an increase in written premiums throughout the period.
Wed 14 Aug 2024 07:49
(Sharecast News) - Holiday company Tui on Wednesday posted better-than-expected third-quarter earnings on the back of strong summer demand and the collapse of German rival FTI.
Wed 14 Aug 2024 07:21
(Sharecast News) - Venture capital firm Molten Ventures said on Wednesday that recent exits had totalled £124.0m, meaning the group has now almost reached its annual target.
Wed 14 Aug 2024 07:17
(Sharecast News) - Hammerson, in partnership with PIMCO Prime Real Estate, has successfully secured a €350m non-recourse term loan to refinance the existing debt on Dundrum Town Centre in Dublin.
Wed 14 Aug 2024 07:03
(Sharecast News) - British infrastructure company Balfour Beatty on Wednesday lifted its dividend by 9% and said it expected annual earnings to grow after a jump in half-year profit.
Tue 13 Aug 2024 21:39
(Sharecast News) - Flutter Entertainment lifted its full-year guidance on Tuesday after a better-than-expected second-quarter performance.
Tue 13 Aug 2024 13:36
(Sharecast News) - Crest Nicholson tumbled on Tuesday after Bellway said it was not planning to make an offer for its housebuilding rival.
Tue 13 Aug 2024 13:32
(Sharecast News) - Starbucks announced the appointment of Brian Niccol as its new chairman and chief executive officer on Tuesday, effective 9 September.
Tue 13 Aug 2024 13:28
(Sharecast News) - JPMorgan Cazenove upgraded Bridgepoint on Tuesday to 'overweight' from 'neutral' as it took a look at European private markets asset managers.
Tue 13 Aug 2024 12:37
(Sharecast News) - The cost of living in the States is expected to have slipped again last month, but investors are keen to know by just how much.
Tue 13 Aug 2024 12:13
(Sharecast News) - Accesso Technology Group announced the passing of its chief financial officer Fern MacDonald on Tuesday, after a battle with cancer.
Tue 13 Aug 2024 12:11
(Sharecast News) - Gem Diamonds reported solid operational and sales results for the first half on Tuesday, with growth in both carat sales and revenue.
Tue 13 Aug 2024 12:00
(Sharecast News) - Witan Investment Trust reported a strong first-half financial performance on Tuesday, with a significant increase in net asset value alongside its proposed strategic combination with Alliance Trust.
Tue 13 Aug 2024 11:57
(Sharecast News) - Life science investor Syncona reported significant developments in its portfolio during its first quarter on Tuesday, despite a slight decline in net assets.
Tue 13 Aug 2024 11:50
(Sharecast News) - Titanium and zircon producer Kenmare Resources announced the appointment of Tom Hickey as its new managing director on Tuesday, effective from 15 August.
Tue 13 Aug 2024 10:21
(Sharecast News) - PPHE Hotel Group announced the receipt of planning approval for a new mixed-use hotel-led development on London's South Bank on Tuesday.
Tue 13 Aug 2024 10:05
(Sharecast News) - The Eastern Green Link 2 (EGL2), a major electricity transmission project connecting Scotland and Yorkshire, has become the first to complete Ofgem's fast-tracked funding process under the Accelerated Strategic Transmission Investment (ASTI) framework.
Tue 13 Aug 2024 09:55
(Sharecast News) - Citi said on Tuesday that it had issued a "positive short-term view" on Admiral ahead of its first-half results on 15 August.
Tue 13 Aug 2024 09:13
(Sharecast News) - Analysts at Berenberg raised their target price on Hikma Pharmaceuticals from 2,000.0p to 2,100.0p on Tuesday following an "impressive" H1 performance.
Tue 13 Aug 2024 09:00
(Sharecast News) - Plastic piping systems manufacturer Genuit said on Tuesday that pre-tax profits had almost halved in the first six months of the year as a result of reduced turnover throughout the period.
Tue 13 Aug 2024 08:49
(Sharecast News) - Just Group shares were rocketing on Tuesday morning, after it announced a robust set of first-half results.
Tue 13 Aug 2024 08:06
(Sharecast News) - Tate & Lyle said on Tuesday that it has appointed Sarah Kuijlaars as its chief financial officer with effect from 16 September.
Tue 13 Aug 2024 07:58
(Sharecast News) - Dowlais said on Tuesday that it was considering a potential sale of its Powder Metallurgy business and that it now expects a decline in full-year revenue.
Tue 13 Aug 2024 07:18
(Sharecast News) - Telecom Plus reported sustained strong performance for the current financial year in an update on Tuesday, having highlighted robust growth in its annual results in June.
Tue 13 Aug 2024 07:16
(Sharecast News) - Energy storage and clean fuel business ITM Power has inked a contract for its REFHYNE II project following a recent positive final investment decision from industry giant Royal Dutch Shell.
Tue 13 Aug 2024 07:14
(Sharecast News) - The UK unemployment rate fell unexpectedly in June, according to figures on Tuesday by the Office for National Statistics.
Tue 13 Aug 2024 07:09
(Sharecast News) - Synthomer reported growth in revenues, earnings and underlying earnings per share over the first half of 2024 and reiterated its full-year guidance.
Mon 12 Aug 2024 15:05
(Sharecast News) - Standard Chartered has folded its industries coverage team into its mergers and acquisitions (M&A) advisory unit, it was reported on Monday, resulting in the elimination of over 20 positions globally.
Mon 12 Aug 2024 14:58
(Sharecast News) - RBC Capital Markets upgraded Diageo on Monday to 'sector perform' from 'underperform' and lifted the price target to 2,400p from 2,100p.
Mon 12 Aug 2024 14:52
(Sharecast News) - Analysts at Berenberg hiked their target price on wealth management firm Quilter from 105.0p to 135.0p on Monday after H1 profits came in ahead of consensus estimates.
Mon 12 Aug 2024 13:59
(Sharecast News) - Banking giant HSBC vowed to make no further branch closures until at least 2026 on Monday as it promised to spend more than £50.0m on updating and improving its branch network.
Mon 12 Aug 2024 12:55
(Sharecast News) - Analysts at Deutsche Bank downgraded their recommendation for shares of JD Sports from 'hold' to 'sell' due to what it saw as the inevitable cost of growing the business and trimmed their target price of 115.0p.
Mon 12 Aug 2024 11:56
(Sharecast News) - Apax Global Alpha (AGA) updated the market on the planned take-private transaction of technology consultancy Thoughtworks on Monday.
Mon 12 Aug 2024 11:52
(Sharecast News) - Royal Mail parent International Distribution Services (IDS) announced on Monday that its parcel services subsidiary, GLS, would sell its US freight divisions to California-based DC Logistics.
Mon 12 Aug 2024 11:52
(Sharecast News) - Royal Mail parent International Distribution Services (IDS) announced on Monday that its parcel services subsidiary, GLS, would sell its US freight divisions to California-based DC Logistics.
Mon 12 Aug 2024 11:51
(Sharecast News) - International Workplace Group announced on Monday that it has repurchased £37.2m in principal amount of its £350m 0.5% convertible bonds due 2027.
Mon 12 Aug 2024 11:48
(Sharecast News) - IG Group kicked off the first tranche of its new share buyback programme on Monday, having announced plans to repurchase up to £150m of shares on 25 July.
Mon 12 Aug 2024 11:44
(Sharecast News) - Specialist motor and property finance lender S&U reported contrasting performance across its divisions in an update on Monday, with particular difficulties in motor finance.
Mon 12 Aug 2024 10:47
(Sharecast News) - Downing Renewables & Infrastructure announced a series of positive developments across its portfolio in an update on Monday.
Mon 12 Aug 2024 08:21
(Sharecast News) - Britain's Heathrow Airport said on Monday that passenger numbers had fallen by 90,000 on certain routes following the introduction of a £10 electronic travel authorisation charge that it branded "devastating" for its hub competitiveness.
Mon 12 Aug 2024 08:15
(Sharecast News) - Investors' focus on Tuesday will be on producer price data that are scheduled for release in the US.
Mon 12 Aug 2024 07:31
(Sharecast News) - Catherine Mann, an external member of the Bank of England's monetary policy committee, has said the UK should not be "seduced" into thinking the battle against inflation is over after a short-term drop in the headline measure targeted by the Bank.
Mon 12 Aug 2024 07:17
(Sharecast News) - Landscaping and building products and supplier Marshalls reported a 13% decline in revenue for the first half on Monday, amounting to £306.7m.
Mon 12 Aug 2024 07:17
(Sharecast News) - Environmental markets investment trust Impax Environmental Markets said on Monday that net asset value had fallen in the six months ended 30 June amid "material volatility".
Mon 12 Aug 2024 07:15
(Sharecast News) - BT Group welcomed news that Bharti Global had acquired Altice UK's 24.5% stake in the telecoms carrier.
Fri 09 Aug 2024 09:58
(Sharecast News) - Citi cut its price target on Fever-Tree on Friday to 950p from 1,115p citing slight model changes and an adjustment to its price-to-earnings valuation method.
Fri 09 Aug 2024 09:46
(Sharecast News) - Analysts at Berenberg slashed their target price on engineering firm Spirax Group from 9,800.0p to 8,150.0p on Friday following the group's "slightly underwhelming" set of interim results.
Fri 09 Aug 2024 09:18
(Sharecast News) - Investment trust The Renewables Infrastructure Group said on Friday that its net asset value had fallen in the six months ended 30 June as lower prices and soft energy generation impacted its overall performance.
Fri 09 Aug 2024 07:38
(Sharecast News) - Georgia-based TBC Bank reported robust second-quarter and first-half results on Friday, with significant year-on-year growth in profits and returns on equity (ROE).
Fri 09 Aug 2024 07:14
(Sharecast News) - Canaccord Genuity downgraded Future on Friday to 'sell' from 'hold' following a strong share price increase of around 100% from the lows.
Fri 09 Aug 2024 07:13
(Sharecast News) - Bar chain Revolution Bars said on Friday that its "long-term future" had been secured after its restructuring plans received approval from London's High Court.
Fri 09 Aug 2024 07:01
(Sharecast News) - UK house builder Bellway on Friday said it expected to return to growth in fiscal 2025 if market conditions remain stable, as the recent cut in interest rates and higher wages helped to fuel demand.
Thu 08 Aug 2024 19:05
(Sharecast News) - Rightmove said on Thursday that it had entered into a new membership agreement with online lettings agent OpenRent.
Thu 08 Aug 2024 15:59
(Sharecast News) - Budget airline Ryanair has extended its share buyback plan by €800m due to a stronger-than-expected cash position.
Thu 08 Aug 2024 15:53
(Sharecast News) - Financial markets' attention on Friday will shift towards Asia and inflation numbers due out in the region's largest economy.
Thu 08 Aug 2024 15:21
(Sharecast News) - Britain's competition regulator said it had started a formal inquiry into Amazon's investment in artificial intelligence start-up Anthropic.
Thu 08 Aug 2024 15:19
(Sharecast News) - Barclays has become the latest bank in the UK to lift the cap on senior banker bonuses, following in the footsteps of JPMorgan and Goldman Sachs.
Thu 08 Aug 2024 14:11
(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 loss and diabetes drugs Zepbound and Mounjaro.
Thu 08 Aug 2024 14:11
(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 loss and diabetes drugs Zepbound and Mounjaro.
Thu 08 Aug 2024 13:02
(Sharecast News) - Burford Capital posted a sharp rise in second quarter revenues with the firm's management describing its performance as "strong".
Thu 08 Aug 2024 12:56
(Sharecast News) - Driver monitoring technology company Seeing Machines announced significant growth in its key performance indicators for the fourth quarter on Thursday.
Thu 08 Aug 2024 12:43
(Sharecast News) - Accommodation booking platform Hostelworld reported a robust first-half performance on Thursday, driven by record bookings in Asia and Central America and the continued success of its social network strategy.
Thu 08 Aug 2024 12:38
(Sharecast News) - Cell and gene therapy contract development and manufacturing organisation Oxford Biomedica reported a strong first-half trading performance in an update on Thursday, with revenue expected to reach £50m.
Thu 08 Aug 2024 12:32
(Sharecast News) - Impact Healthcare REIT reported a robust set of first-half results on Thursday, reflecting solid growth in its UK healthcare real estate portfolio, particularly care homes.
Thu 08 Aug 2024 11:04
(Sharecast News) - Custodian Property Income REIT reported strong leasing activity for the June quarter on Thursday, underpinning its fully covered dividend and supporting a yield of about 7.7%.
Thu 08 Aug 2024 10:50
(Sharecast News) - Ex-ad tycoon Lord Maurice Saatchi's bid to acquire the Telegraph has been rejected, it emerged on Thursday, with his offer of £350m failing to progress to the second round of the auction process.
Thu 08 Aug 2024 10:34
(Sharecast News) - The deadline for Bellway's potential acquisition of Crest Nicholson has been extended, the two companies announced on Thursday, allowing more time for due diligence and negotiation.
Thu 08 Aug 2024 10:25
(Sharecast News) - Analysts at Berenberg lowered their target price on gold miner Endeavour Mining from 2,500.0p to 2,100.0p on Thursday as they rebased their estimates on the stock.
Thu 08 Aug 2024 09:58
(Sharecast News) - Derwent London reported a strong first-half rental income performance on Thursday, leading to an upgrade to its rental growth guidance.
Thu 08 Aug 2024 09:40
(Sharecast News) - Housing and social care provider Mears raised its full-year guidance on Thursday after it revealed the UK Ministry of Defence had extended certain key contracts.
Thu 08 Aug 2024 09:38
(Sharecast News) - Citi said on Thursday that it was renewing coverage on Glencore with a 'buy' rating and 530p price target, having previously suspended its rating.
Thu 08 Aug 2024 09:33
(Sharecast News) - Bermuda-based Lancashire Holdings saw profits rise by 26% in the first six months of 2024 as the non-life insurance group delivered its best-ever half-year performance.
Thu 08 Aug 2024 09:29
(Sharecast News) - Electronic components manufacturer TT Electronics said on Thursday that it has made "good progress" in the early stages of Project Dynamo, its programme to unlock value and drive financial and operational improvements across the board.
Thu 08 Aug 2024 09:18
(Sharecast News) - Intellectual property business IP Group said on Thursday that it would increase its current share buyback programme as a result of cash proceeds from H1 exits coming in ahead of the prior year.
Thu 08 Aug 2024 09:07
(Sharecast News) - Helios Towers announced a strong set of first-half results on Thursday, with upgraded full-year guidance, but its share price was well below the waterline as investors reacted to a fall in quarterly profit.
Thu 08 Aug 2024 09:04
(Sharecast News) - Automotive components manufacturer TI Fluid Systems posted interim profits that came in ahead of expectations on Thursday and said it was confident that adjusted underlying earnings margins would continue to expand throughout FY24.
Thu 08 Aug 2024 08:42
(Sharecast News) - Industrial and commercial steam system products manufacturer Spirax Group fell short of market expectations with its first-half performance but said on Thursday that H2 would be stronger.
Thu 08 Aug 2024 08:19
(Sharecast News) - Ventilation specialist Genuit Group said it had bought Sky Garden Limited, Omnie and Timoleon for a combined £5.2m.
Thu 08 Aug 2024 08:15
(Sharecast News) - Construction company Morgan Sindall said on Thursday that its full-year performance was set to be "slightly ahead" of its previous expectations after a record first-half performance.
Thu 08 Aug 2024 08:11
(Sharecast News) - Shares in Hill & Smith dropped on Thursday despite the company reaffirming recently upgraded full-year guidance after a solid first-half performance.
Thu 08 Aug 2024 08:02
(Sharecast News) - Pharmaceutical company Hikma Pharmaceuticals shares were in the green early on Thursday after the group's H1 results pointed to an "excellent" start to the year and upgraded FY guidance.
Thu 08 Aug 2024 08:01
(Sharecast News) - Assura said it had signed a deal with Northwest Healthcare Properties to buy its UK private hospital portfolio for £500m.
Thu 08 Aug 2024 08:01
(Sharecast News) - Harbour Energy narrowed its full-year production guidance on Thursday as the oil and gas producer pointed to "good" progress on its capital projects and planned maintenance shutdowns.
Thu 08 Aug 2024 07:55
(Sharecast News) - Sports betting and gaming group Entain has lifted its full-year guidance after a stronger-than-expected second quarter along with the revised timing of regulatory implementation in Brazil and the Netherlands, causing shares to surge on Thursday.
Thu 08 Aug 2024 07:50
(Sharecast News) - Recruiter PageGroup posted a slump in first-half profit on Thursday as revenue fell in "challenging" market conditions.
Thu 08 Aug 2024 07:41
(Sharecast News) - UK takeaway delivery company Deliveroo on Thursday said it expected annual earnings to be in the upper half of forecasts after swinging to a profit for the first six months of the year.
Thu 08 Aug 2024 07:39
(Sharecast News) - Housebuilder Persimmon reported a decline in first-half pre-tax profit on Thursday but said it was on track to deliver full-year completions at the top end of guidance.
Thu 08 Aug 2024 07:29
(Sharecast News) - Britain's competition regulator said its phase 1 review into Barratt's £2.5bn deal to buy smaller house builder Redrow had raised concerns around one Barratt development.
Thu 08 Aug 2024 07:27
(Sharecast News) - Beazley announced a record profit before tax of $728.9m for the first half on Thursday, nearly doubling its $366.4 million profit from the same period last year.
Thu 08 Aug 2024 07:21
(Sharecast News) - Building materials group CRH said on Thursday that it was lifting its full-year guidance as it posted a jump in second-quarter core profits.
Thu 08 Aug 2024 07:17
(Sharecast News) - Real estate firm Savills held annual guidance as it reported a sharp jump in interim profits amid signs of a global recovery, although major markets were still "subdued".
Thu 08 Aug 2024 07:14
(Sharecast News) - Deutsche Telekom has reported a strong second quarter on Thursday, continuing its steady growth trajectory.
Thu 08 Aug 2024 07:01
(Sharecast News) - Events organiser Ascential said it had signed a deal to buy the commercial assets of advertising awards owner Effie for an undisclosed sum.
Wed 07 Aug 2024 15:18
(Sharecast News) - Over at Canaccord Genuity, analysts upgraded telecommunications testing company Spirent Communications from 'hold' to 'speculative buy' on Wednesday following the group's H1 trading update a day earlier.
Wed 07 Aug 2024 15:12
(Sharecast News) - British Land is reportedly considering voting against a restructuring of Cineworld's British operations that could lead to the closure of dozens of sites.
Wed 07 Aug 2024 13:50
(Sharecast News) - The economic calendar on Thursday will be very light.
Wed 07 Aug 2024 12:58
(Sharecast News) - Hewlett Packard Enterprise's $14bn acquisition of Juniper Networks, has been approved by the UK's competition regulator.
Wed 07 Aug 2024 12:50
(Sharecast News) - Braveheart Investment Group announced on Wednesday that it has expanded its investment in Image Scan Holdings, a company within its portfolio that specialises in security imaging solutions.
Wed 07 Aug 2024 12:23
(Sharecast News) - Apax Global Alpha (AGA), a closed-ended investment company that offers access to Apax Private Equity Funds, announced an upcoming strategic investment in greytHR, a human resource management software (HRMS) platform based in India.
Wed 07 Aug 2024 10:42
(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 worth of its shares.
Wed 07 Aug 2024 10:32
(Sharecast News) - Analysts at Berenberg upgraded video games business Frontier Developments from 'hold' to 'buy' on Wednesday and hiked their target price on the stock from 300.0p to 330.0p, stating the group's pipeline had now de-risked the equity story.
Wed 07 Aug 2024 09:25
(Sharecast News) - Vodafone has announced a share buyback programme of up €500m (£430m) to start on Wednesday and end no later than 29 November.
Wed 07 Aug 2024 09:18
(Sharecast News) - Commerzbank, Germany's second-largest listed bank, announced a 4.8% decline in second-quarter net profit on Wednesday, reporting earnings of €538m compared to €565m in the same period last year.
Wed 07 Aug 2024 09:15
(Sharecast News) - Lloyd's of London insurer Hiscox posted a rise in first-half pre-tax profit on Wednesday despite a "more active loss environment".
Wed 07 Aug 2024 09:02
(Sharecast News) - Real estate investment trust Tritax Big Box said on Wednesday that profits had grown in the six months ended 30 June, leading to a slight year-on-year hike in the group's interim dividend.
Wed 07 Aug 2024 08:48
(Sharecast News) - TP ICAP reported steady growth across key metrics in its first-half results on Wednesday, as it launched its third share buyback programme valued at £30m.
Wed 07 Aug 2024 08:45
(Sharecast News) - Promotional products marketing group 4imprint said on Wednesday that both revenue and profits had grown in the six months ended 29 June as the group took share in "challenging market conditions".
Wed 07 Aug 2024 08:27
(Sharecast News) - Wealth management firm Quilter posted record interim adjusted profits on Wednesday as net inflows bounced back amid a recovery in global equity markets throughout the half.
Wed 07 Aug 2024 08:04
(Sharecast News) - Brick maker and building supplies company Ibstock reported a slump in first-half profits and sales as Britain's soggy summer hit the construction industry but sounded a note of cautious optimism around medium-term prospects under the new Labour government's plans to accelerate house building, sending shares in the company higher.
Wed 07 Aug 2024 08:02
(Sharecast News) - Commercial property investment firm CLS Holdings reported mixed H1 numbers on Wednesday as it also revealed it had struck a deal for its first letting at its Artesian asset in East London.
Wed 07 Aug 2024 07:58
(Sharecast News) - Tullow Oil was able to grew profits in the first half of 2024 despite a weaker top line, as the Irish oil and gas group reduced its capital expenditure budget for the full year.
Wed 07 Aug 2024 07:33
(Sharecast News) - WPP, the world's largest advertising company, reported a steady first-half performance on Wednesday, although macroeconomic pressures and challenges in key markets such as China saw it revise its full-year outlook.
Wed 07 Aug 2024 07:23
(Sharecast News) - Coca-Cola HBC, the UK-listed anchor bottler for the American beverage giant, has upgraded its guidance for 2024 after a strong first half with solid revenue growth and market share gains.
Wed 07 Aug 2024 07:14
(Sharecast News) - Glencore posted a sharp decline in operating and net profits at the half-year stage, but sounded an optimistic note on the outlook for shareholder returns.
Wed 07 Aug 2024 07:13
(Sharecast News) - Ofwat said on Wednesday that it was looking to appoint a monitor to report on Thames Water's progress in turning the business around after the water company lost two investment grade credit ratings.
Wed 07 Aug 2024 07:09
(Sharecast News) - Property portal Rightmove has announced that it is recruiting an internal replacement for its outgoing chief financial officer.
Wed 07 Aug 2024 07:05
(Sharecast News) - Financial services and asset management group Legal and General on Wednesday posted interim operating profit that beat analyst forecasts, driven by higher annuity sales.
Tue 06 Aug 2024 15:05
(Sharecast News) - Fuller, Smith & Turner has announced the acquisition of seven Warwickshire pubs with the £22.5m takeover of Lovely Pubs.
Tue 06 Aug 2024 13:03
(Sharecast News) - Apax Global Alpha (AGA), a London-listed investment company providing access to Apax private equity funds, updated the market on its portfolio on Tuesday, announcing the privatisation of Thoughtworks and its estimated adjusted net asset value as of the end of June.
Tue 06 Aug 2024 12:56
(Sharecast News) - Petra Diamonds announced the postponement of its first tender for the 2025 financial year on Tuesday, originally scheduled for August and September.
Tue 06 Aug 2024 12:56
(Sharecast News) - Petra Diamonds announced the postponement of its first tender for the 2025 financial year on Tuesday, originally scheduled for August and September.
Tue 06 Aug 2024 12:13
(Sharecast News) - Caterpillar announced a mixed set of second-quarter results on Tuesday, marked by a slight decline in revenue but a solid profit margin.
Tue 06 Aug 2024 11:11
(Sharecast News) - Cellular materials technology specialist Zotefoams reported record financial results for the first half on Tuesday, driven by strong sales and significant growth in its high-performance products (HPP) division.
Tue 06 Aug 2024 11:02
(Sharecast News) - International Workplace Group reported record first-half financial results on Tuesday, driven by a strategic network expansion across its brands including Regus and Spaces.
Tue 06 Aug 2024 10:41
(Sharecast News) - Analysts at Berenberg slashed their target price on market research and analytics firm YouGov from 1,200.0p to 810.0p on Tuesday morning following the group's FY24 trading update.
Tue 06 Aug 2024 10:31
(Sharecast News) - Rolls-Royce rallied on Tuesday as JPMorgan Cazenove hiked its price target on the stock to 535p from 475p "after another set of strong results".
Tue 06 Aug 2024 10:24
(Sharecast News) - Waste-to-product specialist Renewi reported a 3% year-on-year increase in revenue to €434.4m for its first quarter on Tuesday, driven by higher core volumes and input prices across its commercial waste and specialities divisions.
Tue 06 Aug 2024 10:09
(Sharecast News) - Financial markets' attention will shift to outside the US on Wednesday, barring surprises.
Tue 06 Aug 2024 10:07
(Sharecast News) - Industrial flow control equipment manufacturer Rotork said on Tuesday that it had delivered a "strong H1 performance" as it reiterated its FY24 guidance.
Tue 06 Aug 2024 09:55
(Sharecast News) - Morgan Advanced Materials has reported a robust set of half-year results on Tuesday, with a 3.4% increase in revenue to £572.6m and a 42.6% surge in group adjusted operating profit, which reached £71.3m.
Tue 06 Aug 2024 09:31
(Sharecast News) - Online real estate portal operator Rightmove parted way with lettings platform OpenRent on Tuesday but assured investors that its FY24 trading performance would not be affected.
Tue 06 Aug 2024 09:19
(Sharecast News) - Thames Water, Yorkshire Water and Northumbrian Water were all the subjects of Ofwat's ire on Tuesday as the water regulator looks to clean up the industry amid historic sewage spills.
Tue 06 Aug 2024 09:09
(Sharecast News) - Spirent Communications said on Tuesday that it swung to a loss in the first half as revenue fell amid challenging trading conditions.
Tue 06 Aug 2024 08:53
(Sharecast News) - Keller surged on Tuesday as it said its full-year performance was set to be "materially ahead" of current market expectations after a strong first half.
Tue 06 Aug 2024 08:49
(Sharecast News) - Shares in research and data analytics firm YouGov surged on Tuesday after the company upgraded its full-year guidance and announced the acquisition of research-focused AI firm Yabble.
Tue 06 Aug 2024 08:24
(Sharecast News) - SIG reported a decline in first-half revenue in its interim results on Tuesday, reflecting difficult trading conditions across key markets.
Tue 06 Aug 2024 08:08
(Sharecast News) - Ceres Power licensed Denso Corp. to manufacture its solid oxide electrolyser cells for making green hydrogen fuel.
Tue 06 Aug 2024 07:58
(Sharecast News) - Domino's Pizza warned on Tuesday that full-year profit would be towards the lower end of the current range of market expectations after a slower start to the first half.
Tue 06 Aug 2024 07:48
(Sharecast News) - RBC Capital Markets downgraded Endeavour Mining on Tuesday to 'sector perform' from 'outperform' given its cautious view around rising operational and geopolitical risk, which it noted comes amid significant management changes this year.
Tue 06 Aug 2024 07:35
(Sharecast News) - Travis Perkins posted a drop in first-half profit on Tuesday as it pointed to continued weak demand across its end markets and cut its profit outlook for the full year.
Tue 06 Aug 2024 07:26
(Sharecast News) - Abrdn beat analysts' estimates for revenues and profit at the half-year stage.
Tue 06 Aug 2024 07:21
(Sharecast News) - Critical power control solutions developer XP Power said on Tuesday that both revenue and profits had declined in the six months ended 30 June as a result of a "challenging" trading environment.
Tue 06 Aug 2024 07:18
(Sharecast News) - GSK was upbeat after securing a legal victory in a case in the ongoing litigation surrounding its discontinued heartburn drug Zantac.
Tue 06 Aug 2024 07:06
(Sharecast News) - Crowne Plaze, Regent and Holiday Inn owner InterContinental saw its bottom line shrink by 10% in the first half due to the planned reduction of its so-called System Fund surplus, though underlying profits improved by 12% due to solid margin improvements and an acceleration in RevPAR growth in the second quarter.
Mon 05 Aug 2024 12:39
(Sharecast News) - Clinical-stage biotechnology company Destiny Pharma announced new data on its lead drug, exeporfinium chloride (XF-73), on Monday.
Mon 05 Aug 2024 12:28
(Sharecast News) - Hargreaves Lansdown said on Monday that it has once again extended the deadline for a consortium led by CVC Advisers and the Abu Dhabi Investment Authority to make a firm offer for the investment platform.
Mon 05 Aug 2024 12:09
(Sharecast News) - German pharmaceutical company BioNTech reported a sharp increase in losses for its second quarter on Monday, as it pivoted away from its Covid-19 vaccine business towards cancer drug development.
Mon 05 Aug 2024 11:00
(Sharecast News) - Analysts at Berenberg updated their investment model on Ecora Resources on Monday and hiked their target price on the stock from 140.0p to 150.0p following the release of an updated feasibility study on the Santo Domingo project in Chile.
Mon 05 Aug 2024 10:11
(Sharecast News) - Kosmos Energy reported net income of $60m for its second quarter on Monday, translating to 12 cents per diluted share, while on an adjusted basis, its net income reached $80m, or 17 cents per diluted share.
Mon 05 Aug 2024 10:03
(Sharecast News) - Petroleum exploration and production company Woodside Energy said on Monday that it has acquired a lower-carbon ammonia project in Texas for an all-cash consideration of approximately $2.35bn.
Mon 05 Aug 2024 08:46
(Sharecast News) - NewRiver REIT reported a solid first-quarter performance on Monday, maintaining a high occupancy rate of 97.3% across its portfolio and achieving significant leasing success.
Mon 05 Aug 2024 08:32
(Sharecast News) - Regional property specialist Regional REIT said on Monday that it had made "strong progress" on lettings and disposals during the three months ended 30 June.
Mon 05 Aug 2024 08:24
(Sharecast News) - Wood Group tumbled on Monday after Dubai-based engineering and consultancy firm Sidara said it won't be making a firm takeover offer for the company due to "geopolitical risks and financial market uncertainty".
Mon 05 Aug 2024 07:53
(Sharecast News) - JPMorgan Cazenove reinstated coverage on Serco on Monday with an 'overweight' rating and a target price of 215p.
Mon 05 Aug 2024 07:17
(Sharecast News) - Senior reported what it called a "robust" set of interim results on Monday, despite mixed performances across some metrics.
Mon 05 Aug 2024 07:16
(Sharecast News) - Shipping services firm Clarksons reiterated its expectations for the full year on Monday even as it posted a drop in interim profit and revenue.
Mon 05 Aug 2024 07:15
(Sharecast News) - Octopus Renewables Infrastructure Trust (ORIT) declared an interim dividend of 1.51p per share for the period from 1 April to 30 June on Monday.
Mon 05 Aug 2024 06:55
(Sharecast News) - Investors' focus on Tuesday will be on equity markets and whether or not the rout of the last few sessions abates.
Fri 02 Aug 2024 15:41
(Sharecast News) - Iberdrola said on Friday that it has agreed to buy an 88% stake in Electricity North West (ENW) in the UK for £2.1bn.
Fri 02 Aug 2024 14:57
(Sharecast News) - SkinBioTherapeutics announced on Friday that it has secured an investment of £1.56m on Friday, removing any uncertainty around its medium-term financing.
Fri 02 Aug 2024 11:55
(Sharecast News) - ExxonMobil announced second-quarter earnings above market forecasts on Friday, with the total coming in at $9.2bn, or $2.14 per share.
Fri 02 Aug 2024 11:36
(Sharecast News) - Chevron announced a fall in second-quarter earnings on Friday, to $4.4bn, down from $6bn in the same period last year.
Fri 02 Aug 2024 10:53
(Sharecast News) - HgCapital Trust announced an investment in CTAIMA and E-coordina, two Iberian companies specialising in contractor management, risk, and compliance software, on Friday.
Fri 02 Aug 2024 10:26
(Sharecast News) - Manufacturing and engineering firm Senior has inked a contract with German original equipment manufacturer Deutsche Aircraft for the design, development and manufacture of the Bleed Air System and the Engine Build Up system for its D328eco aircraft.
Fri 02 Aug 2024 10:18
(Sharecast News) - RBC Capital Markets reiterated its 'outperform' rating on ITM Power on Friday as it pointed to a "relatively attractive" risk/reward profile.
Fri 02 Aug 2024 10:01
(Sharecast News) - Luxury car company Aston-Martin Lagonda has successfully placed senior secured notes totalling approximately £135.0m, further strengthening its financial position and supporting long-term growth.
Fri 02 Aug 2024 09:44
(Sharecast News) - Budget airline Ryanair reported an 8% jump in passenger numbers for July on Tuesday.
Fri 02 Aug 2024 09:28
(Sharecast News) - Outsourcing company Capita said on Friday that it had returned to profit in the first half of the trading year amid a recommitment to cost-cutting efforts.
Fri 02 Aug 2024 09:12
(Sharecast News) - NCC surged on Friday after it announced the sale of its non-core Fox Crypto business for around €77m (£65.4m).
Fri 02 Aug 2024 08:48
(Sharecast News) - Virgin Money reported a dip in third-quarter customer lending and mortgages on Friday ahead of its takeover by Nationwide.
Fri 02 Aug 2024 08:35
(Sharecast News) - ITM Power updated its guidance for the financial year ended 30 April on Friday, with an improved EBITDA outlook.
Fri 02 Aug 2024 07:34
(Sharecast News) - GSK said the US Food and Drug Administration has approved its Jemperli treatment in combination with chemotherapy and then use on its own for adult patients with primary advanced or recurrent endometrial cancer.
Fri 02 Aug 2024 07:31
(Sharecast News) - Citi added Ryanair to its 'Europe Focus List' on Friday and opened a 90-day 'positive short-term view'.
Fri 02 Aug 2024 07:19
(Sharecast News) - IAG described its performance during the first half of 2024 as "strong" and announced the restart of dividend payments.
Fri 02 Aug 2024 07:18
(Sharecast News) - Intertek reported a solid first-half financial performance on Friday, achieving double-digit growth in operating profit, earnings per share, and free cash flow.
Fri 02 Aug 2024 07:16
(Sharecast News) - Analysts at Berenberg raised their target price on thread and structural components manufacturer Coats Group from 100.0p to 120.0p on Friday as it said the group was "knitting it all together" during H1.
Fri 02 Aug 2024 07:03
(Sharecast News) - Budget carrier Wizz Air reported a fall in operated capacity and passenger numbers in July due to engine-related groundings of some of its Airbus 321neo fleet of aircraft.
Thu 01 Aug 2024 17:04
(Sharecast News) - British Airways and Iberia owner IAG said on Thursday that it had terminated its agreement to buy Air Europa as it would not be in the best interests of shareholders "in the current regulatory environment".
Thu 01 Aug 2024 12:51
(Sharecast News) - BMW reported a decline in its automotive segment's profit margin for the second quarter on Thursday, driven by increased competition and weakening demand in China, a crucial market for the German carmaker.
Thu 01 Aug 2024 12:43
(Sharecast News) - Shopping centre real estate investment trust Capital & Regional reported a strong set of first-half financial results on Thursday, marked by a 17.1% increase in net rental income (NRI) to £13.7m.
Thu 01 Aug 2024 12:42
(Sharecast News) - Societe Generale tumbled on Thursday after cutting the outlook for its French retail bank.
Thu 01 Aug 2024 12:13
(Sharecast News) - All eyes at the end of the week would be on the US jobs market - geopolitics permitting.
Thu 01 Aug 2024 12:06
(Sharecast News) - Moderna reported a significant fall in second quarter revenue on Thursday, to $241m, down from $344m in the same period last year, as it lowered its full-year guidance amid weak Europe sales and a competitive US market.
Thu 01 Aug 2024 11:56
(Sharecast News) - Mondi reported a solid first-half performance on Thursday, despite facing market challenges, as underlying EBITDA fell to €565m from €680m year-on-year, resulting in an EBITDA margin of 15.1%.
Thu 01 Aug 2024 11:32
(Sharecast News) - Shares in public services provider Serco were in the red on Thursday after the group revealed that both revenue and profits had fall in the six months ended 30 June.
Thu 01 Aug 2024 10:50
(Sharecast News) - Industrial thread specialist Coats Group announced a robust set of interim results on Thursday, with a 7% increase in revenue to $741m, and revenue growth accelerating to 8% on a constant exchange rate (CER) basis, leading to an upgrade to its full-year guidance.
Thu 01 Aug 2024 10:45
(Sharecast News) - Defence and security firm Qinetiq has secured an aerial training services contract with the German Armed Forces Procurement Office for the Bundeswehr, Air Force, Army, Navy and Special Forces.
Thu 01 Aug 2024 10:43
(Sharecast News) - Recruiter Robert Walters said on Thursday that it swung to a loss in the first half amid challenging conditions.
Thu 01 Aug 2024 10:40
(Sharecast News) - Aerospace group Melrose Industries reported a strong set of first-half results on Thursday, ahead of its expectations, with adjusted operating profit up 62% to £247m, although it adjusted its 2025 revenue targets amid "industry-wide" supply chain challenges.
Thu 01 Aug 2024 10:17
(Sharecast News) - Shares in Schroders were sliding on Thursday morning even after it announced a record high assets under management (AUM) of £773.7bn in its half-year results, up from £726.1bn a year earlier.
Thu 01 Aug 2024 10:13
(Sharecast News) - Consumer healthcare business Haleon said on Thursday that profits had grown in the six months ended 30 June, driven by solid H1 sales of its vitamins and oral health products.
Thu 01 Aug 2024 09:54
(Sharecast News) - Elementis lifted its full-year outlook on Thursday as it hailed a "strong" first-half delivery and announced a strategic review of its talc business.
Thu 01 Aug 2024 09:34
(Sharecast News) - Sub-prime lender Vanquis Banking said on Thursday that interim losses had widened even as it made "good progress" on its transformation efforts.
Thu 01 Aug 2024 09:30
(Sharecast News) - London Stock Exchange Group (LSEG) reported consistent growth across its divisions in its interim results on Thursday, alongside improved profitability and significant shareholder returns.
Thu 01 Aug 2024 09:11
(Sharecast News) - Vesuvius tumbled on Thursday after it said end markets were weaker than expected in the first half and that full-year headline trading profit was set to be "only slightly ahead" of last year on a constant currency basis.
Thu 01 Aug 2024 09:05
(Sharecast News) - Medical equipment manufacturer Smith & Nephew said on Thursday that interim profits had come in ahead of market expectations, thanks in no small part to the company's 12-point turnaround plan.
Thu 01 Aug 2024 08:39
(Sharecast News) - Barclays reported a return on tangible equity (RoTE) of 11.1% for its first half on Thursday, down from 13.2% in the same period last year, with profit before tax slipping to £4.2b from £4.6bn, although it raised its full-year net interest income guidance.
Thu 01 Aug 2024 08:25
(Sharecast News) - Defence and aerospace firm BAE Systems lifted its full-year guidance on Thursday as it posted a jump in underlying sales and earnings for the first half.
Thu 01 Aug 2024 08:12
(Sharecast News) - Rolls-Royce lifted its full-year profit guidance on Thursday as it hailed a strong first half and said it was reinstating dividends.
Thu 01 Aug 2024 07:59
(Sharecast News) - Low-cost carrier Wizz Air slashed full-year guidance on Thursday as it revealed Q1 profits had nearly halved.
Thu 01 Aug 2024 07:54
(Sharecast News) - Oil giant Shell reported better-than-expected earnings for the second quarter on Thursday as it announced a $3.5bn share buyback.
Thu 01 Aug 2024 07:18
(Sharecast News) - Next raised its profit guidance for the full year by £20m to £980m on Thursday, representing a 6.7% increase compared to last year, following a robust sales performance in the first half.
Thu 01 Aug 2024 07:14
(Sharecast News) - Pets at Home maintained its full-year guidance on Thursday as it hailed a "resilient" start to the year.
Wed 31 Jul 2024 12:48
(Sharecast News) - Citi upgraded LondonMetric on Wednesday to 'buy' from 'neutral' as it said cyclical growth and structural expertise was undervalued.
Wed 31 Jul 2024 12:35
(Sharecast News) - Boeing reported a wider-than-expected loss for its second quarter on Wednesday, as ongoing challenges in both its commercial and defence divisions led to weaker-than-anticipated financial results.
Wed 31 Jul 2024 12:16
(Sharecast News) - Hutchmed China reported a robust set of first-half financial results on Wednesday, underpinned by significant growth in oncology product revenue and a solid cash position to support ongoing expansion.
Wed 31 Jul 2024 12:07
(Sharecast News) - Investors' focus on Thursday will be squarely on an anticipated interest rate reduction by the Bank of England.
Wed 31 Jul 2024 11:44
(Sharecast News) - Africa-focused gold miner Endeavour Mining said on Wednesday that it would payout no less than $435.0m via dividend payments over the next two years as it revealed it remained on track to deliver full-year production at costs near the top end of guidance.
Wed 31 Jul 2024 11:41
(Sharecast News) - Picton Property Income reported a stable net asset value of £524.1m for the quarter ended 30 June on Wednesday, a slight decrease from £524.5m in the prior three months.
Wed 31 Jul 2024 10:51
(Sharecast News) - JPMorgan Cazenove upgraded Spectris on Wednesday to 'neutral' from 'underweight' and lifted the price target to 2,950p from 2,750p as it said the risk/reward was now more balanced.
Wed 31 Jul 2024 10:36
(Sharecast News) - Shares in Ricardo were advancing on Wednesday the environmental and engineering consultancy said it saw a recovery in profitability in the second half, and has entered the new financial year in a strong position.
Wed 31 Jul 2024 10:30
(Sharecast News) - Shaftesbury Capital reported a 1.6% increase in EPRA net tangible assets per share to 193.4p in its half-year report on Wednesday, up from 190.3p at the end of 2023.
Wed 31 Jul 2024 09:44
(Sharecast News) - Metro Bank shares were rocketing on Wednesday morning, after it upgraded its guidance on the back of a strong set of first-half results.
Wed 31 Jul 2024 09:39
(Sharecast News) - European plane maker Airbus reported a steep fall in second-quarter profit after a massive write down of its space business of almost €1bn.
Wed 31 Jul 2024 09:33
(Sharecast News) - Rathbones posted a jump in first-half profit and funds under management on Wednesday as it said it was ahead of its objectives following a merger with Investec Wealth & Investment (IW&I).
Wed 31 Jul 2024 09:32
(Sharecast News) - Reinsurance business Conduit said on Wednesday that its return on equity had improved in the six months ended 30 June, driven by "strong" year-on-year growth in gross written premiums.
Wed 31 Jul 2024 09:16
(Sharecast News) - Wickes posted a drop in first-half group revenue on Wednesday as it was hit by "challenging" conditions in its design and installation division.
Wed 31 Jul 2024 09:09
(Sharecast News) - Shares in Daily Mirror publisher Reach jumped on Wednesday as the company said it was on track to meet annual guidance after the European football championship, Taylor Swift's Eras Tour and the UK General Election boosted advertising revenues.
Wed 31 Jul 2024 08:48
(Sharecast News) - IT consulting group FDM slashed its interim dividend after profits halved in the first half on the back of ongoing touch market conditions, but said that full-year results should still be in line with current forecasts.
Wed 31 Jul 2024 08:29
(Sharecast News) - Just Eat backed its guidance for 2024 on Wednesday as it posted a more than 40% increase in first-half core profit and announced a new €150m share buyback programme.
Wed 31 Jul 2024 08:13
(Sharecast News) - Ukraine-focussed mining firm Ferrexpo shares traded higher on Wednesday after the London-listed group revealed interim profits had more than doubled.
Wed 31 Jul 2024 07:53
(Sharecast News) - Diageo's stock was attempting a rebound on Wednesday after a sell-off the previous session as its full-year results disappointed, but that didn't stop Citi from reiterating its 'buy' recommendation on the stock.
Wed 31 Jul 2024 07:39
(Sharecast News) - Precious metals producer Fresnillo has revealed that it was hit by a cyber attack that resulted in unauthorised access to certain IT systems and data.
Wed 31 Jul 2024 07:37
(Sharecast News) - UK pharmaceutical company GSK raised annual forecasts after better-than-expected second-quarter results, driven by a strong performance from its cancer and HIV treatments.
Wed 31 Jul 2024 07:22
(Sharecast News) - UK housebuilder Taylor Wimpey saw profits fall by more than a fifth in the first half as residual build cost inflation and weaker pricing hit margins, but said it now expects full-year completions to be at the top end of guidance after a solid operational performance.
Wed 31 Jul 2024 07:16
(Sharecast News) - Rio Tinto reported underlying EBITDA of $12.1bn for its first half on Wednesday, making for a modest 3% increase from the same period in 2023.
Wed 31 Jul 2024 07:15
(Sharecast News) - International Personal Finance (IPF) announced a solid set of first-half results on Wednesday, upgrading its full-year expectations after a significant increase in profits, alongside a new share buyback programme aimed at enhancing shareholder value.
Wed 31 Jul 2024 07:04
(Sharecast News) - HSBC on Wednesday said it would start a $3bn share buyback after the Asia-focused bank reported estimate-busting interim profits in its final set of results under chief executive Noel Quinn.
Tue 30 Jul 2024 19:36
(Sharecast News) - Trading was likely to remain restrained on Wednesday as investors waited on the Federal Reserve's policy announcement after the close of London markets.
Tue 30 Jul 2024 15:44
(Sharecast News) - Deutsche Bank downgraded Man Group on Tuesday to 'hold' from 'buy' and cut the price target to 280p from 325p.
Tue 30 Jul 2024 14:43
(Sharecast News) - Online marketplace Vinted has reportedly launched a share sale that could value it at as much as $5bn (£3.9bn).
Tue 30 Jul 2024 12:57
(Sharecast News) - PayPal reported a strong set of second-quarter results on Tuesday, surpassing analyst expectations, as it hiked its full-year earnings forecast.
Tue 30 Jul 2024 12:35
(Sharecast News) - US pharma giant Pfizer lifted its full-year profit forecast on Tuesday after second-quarter sales of its Covid vaccine and antiviral treatment came in better than expected, along with contributions from new cancer treatments and sales of its heart disease drug.
Tue 30 Jul 2024 12:13
(Sharecast News) - Motor insurance underwriter Sabre Insurance Group reported a strong set of half-year results on Tuesday, with substantial year-on-year profit growth and healthy gross written premium levels at target margins.
Tue 30 Jul 2024 12:05
(Sharecast News) - Structural steel company Severfield said in an update on Tuesday that trading since the start of the financial year had met expectations.
Tue 30 Jul 2024 12:01
(Sharecast News) - Ocado Group announced the successful pricing of its £250m guaranteed senior unsecured convertible bonds on Tuesday, due 2029.
Tue 30 Jul 2024 11:56
(Sharecast News) - AstraZeneca announced on Tuesday that its wholly owned subsidiary, AstraZeneca Finance, priced a €1.4bn eurobond offering on 29 July.
Tue 30 Jul 2024 11:52
(Sharecast News) - Forterra reported a challenging first half on Tuesday, with revenue falling 11.5% year-on-year to £162.1m as the UK brick industry saw a 9% decline in despatches, and its own despatches in line with that trend.
Tue 30 Jul 2024 11:11
(Sharecast News) - Shares in Xaar dropped on Tuesday after the inkjet printing tech group guided to a 16% drop in revenues for the first half.
Tue 30 Jul 2024 11:10
(Sharecast News) - RBC Capital Markets downgraded Howden Joinery on Tuesday to 'sector perform' from 'outperform' to reflect limited implied upside.
Tue 30 Jul 2024 10:14
(Sharecast News) - Irn-Bru maker AG Barr backed its expectations for the full year on Tuesday as it said revenue for the first half was set to rise versus the same period a year earlier.
Tue 30 Jul 2024 09:31
(Sharecast News) - Canaccord Genuity has hiked its target price for Hochschild Mining by 16% on the back of last week's strong first-half production report and improving pricing outlook.
Tue 30 Jul 2024 09:14
(Sharecast News) - Advertising firm WPP said on Tuesday that it has appointed Philip Jansen - the former chief executive of BT Group - as its new chairman.
Tue 30 Jul 2024 09:14
(Sharecast News) - Bodycote reported a mixed first-half performance on Tuesday, amid a challenging market, as organic revenue grew by 1.5% excluding surcharges, while total revenue declined 5% to £399m due to lower surcharges and foreign exchange headwinds.
Tue 30 Jul 2024 09:10
(Sharecast News) - Precision instruments supplier Spectris said on Tuesday that operating profits had fallen in the six months ended 30 June amid a drop in both sales and operating margins.
Tue 30 Jul 2024 09:10
(Sharecast News) - Precision instruments supplier Spectris said on Tuesday that operating profits had fallen in the six months ended 30 June amid a drop in both sales and operating margins.
Tue 30 Jul 2024 09:08
(Sharecast News) - Essentra reported a return to growth in its second quarter on Tuesday, and maintained its full-year expectations.
Tue 30 Jul 2024 09:06
(Sharecast News) - Inchcape reported a resilient first-half financial performance on Tuesday, with revenue growing 8% at constant currency and 4% on a reported basis, to £4.7bn.
Tue 30 Jul 2024 08:52
(Sharecast News) - Games Workshop Group reported significant growth in both revenue and profit in its annual report on Tuesday, with core revenue rising to £494.7m, from £445.4m.
Tue 30 Jul 2024 08:45
(Sharecast News) - Components and systems manufacturer Senior announced a significant five-year contract with Rolls-Royce on Tuesday.
Tue 30 Jul 2024 08:41
(Sharecast News) - Events and business information company Ascential announced a solid set of first half results on Tuesday, surpassing market expectations.
Tue 30 Jul 2024 08:27
(Sharecast News) - Chemicals company Croda cut its full-year profit outlook on Tuesday as it pointed to a weaker-than-expected performance in life sciences, with continued destocking in crop protection and consumer health.
Tue 30 Jul 2024 08:10
(Sharecast News) - Paragon Bank confirmed full-year guidance as volumes margins and costs during the third quarter were in line with expectations.
Tue 30 Jul 2024 08:09
(Sharecast News) - Shares in Sage fell sharply on Tuesday after the enterprise software group reported a slight slowdown in top-line growth in its third quarter.
Tue 30 Jul 2024 08:06
(Sharecast News) - Wealth management firm St James's Place outlined new growth targets and cost-cutting measures on Tuesday, sending the shares higher on early trading.
Tue 30 Jul 2024 08:00
(Sharecast News) - Citi opened a 30-day "positive catalyst watch" on shares of Flutter Entertainment on Tuesday ahead of its results on 13 August.
Tue 30 Jul 2024 07:54
(Sharecast News) - Commodities miner and trader Glencore held annual production guidance and said it would reveal whether a planned demerger of its coal and carbon steel assets would go ahead at interim results next week.
Tue 30 Jul 2024 07:49
(Sharecast News) - Scottish mining-focused engineering group Weir reported a small rise in first-half adjusted profits and said that strong aftermarket demand has bolstered its project outlook, though full-year revenues will likely miss forecasts.
Tue 30 Jul 2024 07:42
(Sharecast News) - Bakery chain Greggs lifted its interim dividend on Tuesday as it reported a jump in profit and revenue as it benefited from an expanded food and drinks range.
Tue 30 Jul 2024 07:27
(Sharecast News) - The UK's financial watchdog said it was considering a compensation scheme for motor finance customers who complained about commission payments but was extending a deadline for companies to respond.
Tue 30 Jul 2024 07:20
(Sharecast News) - Australian Mining giant BHP rebounded from its failure to buy rival Anglo American and announced it would expand its copper interests in South America via a joint venture with Canada's Lundin Mining which in turn would offer $3.25bn to acquire Filo Corp.
Tue 30 Jul 2024 07:17
(Sharecast News) - Diageo reported a drop in full-year organic operating profit on Tuesday as it pointed to a weaker performance in Latin America and the Caribbean (LAC).
Tue 30 Jul 2024 07:17
(Sharecast News) - Woundcare and medical products and technology specialist ConvaTec announced a robust set of interim results on Tuesday, with broad-based organic revenue growth of 6.6%.
Tue 30 Jul 2024 07:10
(Sharecast News) - BP swung into the red on a reported basis in the second quarter as a result of $2.77bn of so-called "adjusting items", but that didn't stop the energy giant from beating market forecasts on an underlying basis and unveiling another $1.75bn share buyback programme.
Tue 30 Jul 2024 07:09
(Sharecast News) - Real estate agency Foxtons Group reported double-digit revenue and earnings growth for the six months ended 30 June as it continues to deliver on its turnaround plan.
Tue 30 Jul 2024 07:03
(Sharecast News) - Asia-focused bank Standard Chartered on Tuesday unveiled its biggest-ever share buyback and lifted guidance as interim earnings beat estimates.
Mon 29 Jul 2024 15:05
(Sharecast News) - Investors' focus on Tuesday would be on a raft of euro area economic data due out covering both activity and inflation during the month of July and the second quarter in the case of the latter.
Mon 29 Jul 2024 14:05
(Sharecast News) - The outspoken founder and chairman of JD Wetherspoon, Tim Martin, sold just over 1.36m shares in the pub chain at the end of last week, it emerged on Monday.
Mon 29 Jul 2024 14:05
(Sharecast News) - The outspoken founder and chairman of JD Wetherspoon, Tim Martin, sold just over 1.36m shares in the pub chain at the end of last week, it emerged on Monday.
Mon 29 Jul 2024 13:03
(Sharecast News) - Global insurance group Enstar said on Monday that it has agreed to be bought by investment firm Sixth Street in a $5.1bn deal.
Mon 29 Jul 2024 12:16
(Sharecast News) - Parcel delivery firm Evri announced plans to hire 9,000 new workers on Monday, in response to surging online shopping demand.
Mon 29 Jul 2024 12:02
(Sharecast News) - ME Group International said on Monday that it has signed a new partnership agreement with forecourt operator Motor Fuel Group, which will see it install and operate up to 300 Wash.ME Revolution laundry machines across MFG's UK sites over the next five years.
Mon 29 Jul 2024 11:23
(Sharecast News) - HgCapital Trust reported a strong first-half performance in its underlying portfolio in an update on Monday, with its estimated net asset value (NAV) per share reaching 524p, representing a total return of 5.6% on an NAV basis.
Mon 29 Jul 2024 11:02
(Sharecast News) - Czech billionaire Daniel Kretinsky held "constructive" talks with UK business secretary Jonathan Reynolds last Tuesday regarding his proposed takeover of Royal Mail parent company International Distribution Services.
Mon 29 Jul 2024 11:00
(Sharecast News) - Analysts at Berenberg hiked their target price on banking group Natwest from 350.0p to 415.0p on Monday following the group's "comprehensively strong" Q2 results last week.
Mon 29 Jul 2024 10:50
(Sharecast News) - Balanced Commercial Property Trust reported a net asset value total return of -0.8% for the quarter ended 30 June on Monday, reflecting continued economic pressures on the real estate sector.
Mon 29 Jul 2024 10:45
(Sharecast News) - Media group Future said on Monday that chief financial and strategy officer Penny Ladkin-Brand has stepped down from the board with effect from 28 July.
Mon 29 Jul 2024 09:46
(Sharecast News) - Jefferies has hiked its target price for power station operator Drax by 25% after a "confident" presentation from the firm in last week's interim results gave the market increased visibility over the future outlook.
Mon 29 Jul 2024 09:19
(Sharecast News) - Consumer goods giant Reckitt Benckiser tumbled on Monday amid concerns about potential litigation.
Mon 29 Jul 2024 08:53
(Sharecast News) - Wage inflation and easier comparatives with last year could lead to a pick-up in demand for UK retailers this autumn, according to RBC Capital Markets which has highlighted M&S and Currys as its top stock picks.
Mon 29 Jul 2024 08:40
(Sharecast News) - Heineken shares were in the red on Monday morning, after a disappointing first-half operating profit that fell short of analyst expectations.
Mon 29 Jul 2024 07:33
(Sharecast News) - GSK announced a significant development in its respiratory syncytial virus (RSV) vaccine portfolio on Monday, as well as a settlement to one of the Zantac cases.
Mon 29 Jul 2024 07:31
(Sharecast News) - Entain's BetMGM, the gambling company's sports betting and iGaming operator in the US, surpassed the $1bn mark for revenues in the first half, but still made a loss as a result of heavy investments during the period.
Mon 29 Jul 2024 07:15
(Sharecast News) - Workspace Group on Monday said it had sold a residential development in Woking, south of London, called 'The Planets' for £13m.
Mon 29 Jul 2024 07:10
(Sharecast News) - AstraZeneca has hailed positive high-level results from a clinical trial of its Calquence treatment for adults with chronic lymphocytic leukaemia (CLL).
Mon 29 Jul 2024 07:10
(Sharecast News) - Educational publisher and virtual learning company Pearson said it delivered a "solid" performance in the first half, with underlying sales and profits ahead of last year, as it reiterated its outlook for the next two years.
Mon 29 Jul 2024 07:10
(Sharecast News) - Educational publisher and virtual learning company Pearson said it delivered a "solid" performance in the first half, with underlying sales and profits ahead of last year, as it reiterated its outlook for the next two years.
Mon 29 Jul 2024 07:02
(Sharecast News) - UK food producer Cranswick held annual guidance after first quarter revenue rose 6.7% on the back of strong volume growth.
Fri 26 Jul 2024 16:14
(Sharecast News) - Man Group reported a jump in assets under management over the first half of the year and said the business was in "great shape" heading into the back half of 2024.
Fri 26 Jul 2024 15:46
(Sharecast News) - Apollo Global Management has agreed to buy International Game Technology's gaming and digital business - IGT Gaming - and gambling machines firm Everi Holdings in a $6.3bn cash deal.
Fri 26 Jul 2024 11:32
(Sharecast News) - American industrial conglomerate 3M announced a strong set of second-quarter results on Friday, comfortably beating market expectations as it narrowed its guidance for the full-year towards the top end of its previous expectations.
Fri 26 Jul 2024 11:31
(Sharecast News) - Law Debenture Corporation reported a robust first-half performance in both its investment and independent professional services (IPS) business on Friday.
Fri 26 Jul 2024 11:25
(Sharecast News) - GCP Infrastructure Investments said in an update on Friday that its unaudited net asset value per share was 107.58p as at 30 June, a slight decrease from 107.62p at the end of March.
Fri 26 Jul 2024 11:18
(Sharecast News) - Specialist currency and asset manager Record reported an increase in assets under management for its first quarter on Friday.
Fri 26 Jul 2024 11:13
(Sharecast News) - National Grid announced the sale of its final 20% equity interest in National Gas to its current majority owners on Friday, consisting of a consortium of long-term infrastructure investors led by Macquarie Asset Management.
Fri 26 Jul 2024 11:11
(Sharecast News) - Taylor Maritime Investments reported an unaudited net asset value of $1.52 per share as of 30 June in its quarterly update on Friday, up from $1.48 at the end of March, representing a total return of 4.3% for the quarter.
Fri 26 Jul 2024 11:03
(Sharecast News) - RBC Capital Markets downgraded Lloyds Banking Group on Friday to 'sector perform' from 'outperform' after the shares hit its 60p price target.
Fri 26 Jul 2024 10:23
(Sharecast News) - FirstGroup said in an update on Friday that its trading in the financial year-to-date remained in line with the expectations set out in its full-year results in June, as it also announced the retirement of chairman David Martin.
Fri 26 Jul 2024 09:48
(Sharecast News) - Analysts at Berenberg hiked their target price on consumer goods giant Unilever from £49.60 to £55.70 on Friday, stating that the group's recent H1 results highlighted a return to "high-quality earnings growth".
Fri 26 Jul 2024 09:41
(Sharecast News) - Computacenter said on Friday that it was expecting to report a drop in first-half profit due to the delay of the fulfilment of some orders in North America, as it announced a £200m share buyback programme.
Fri 26 Jul 2024 09:25
(Sharecast News) - Segro reported a strong financial performance and continued rental growth in its half-year results on Friday.
Fri 26 Jul 2024 09:23
(Sharecast News) - Investment company Petershill Partners said on Friday that aggregate partner-firm assets under management had grown in the six months ended 30 June.
Fri 26 Jul 2024 09:15
(Sharecast News) - AstraZeneca's 'Imfinzi', or durvalumab, was recognised by the FDA's oncologic drugs advisory committee (ODAC) on Friday for its efficacy in treating resectable non-small cell lung cancer (NSCLC), based on phase three trial results.
Fri 26 Jul 2024 09:13
(Sharecast News) - Electronic components manufacturer DiscovierIE said on Friday that Q1 trading was in line with guidance and that FY underlying earnings expectations remained unchanged.
Fri 26 Jul 2024 09:12
(Sharecast News) - Jupiter Fund Management reported a dip in assets under management for the first half of the year.
Fri 26 Jul 2024 09:03
(Sharecast News) - Online real estate portal operator Rightmove said on Friday that both revenue and operating profits had grown in the six months ended 30 June, driven by continued demand from agents and new home developers.
Fri 26 Jul 2024 08:37
(Sharecast News) - Metro Bank inked a deal to sell a portfolio of residential mortgages to NatWest Group.
Fri 26 Jul 2024 08:24
(Sharecast News) - Babcock International posted a jump in full-year profit on Friday as it continued to be boosted by a "sustained uplift" in global defence budgets, with a strong performance in Nuclear, Land and Aviation.
Fri 26 Jul 2024 08:09
(Sharecast News) - Real estate investment trust Supermarket Income has completed a £170.0m refinancing through its first private placement debt issuance and a new unsecured bank facility.
Fri 26 Jul 2024 07:41
(Sharecast News) - Drax Group posted a big jump in interim profits, alongside lower debt and higher dividends.
Fri 26 Jul 2024 07:27
(Sharecast News) - The Co-operative Bank posted a drop in interim profits on Friday ahead of its planned merger with Coventry Building Society.
Fri 26 Jul 2024 07:18
(Sharecast News) - IMI reported continued strategic progress and a robust financial performance in its first half on Friday, with growth in organic revenue and profits.
Fri 26 Jul 2024 07:16
(Sharecast News) - The Competition and Markets Authority (CMA) reported on Friday that weakened competition among fuel retailers had led to UK drivers paying over £1.6bn more than they should have in 2023.
Fri 26 Jul 2024 07:12
(Sharecast News) - NatWest Group posted a decline in interim profits as net interest margins fell and costs rose, but raised its full-year income guidance.
Thu 25 Jul 2024 15:12
(Sharecast News) - Tate&Lyle reported an increase in operating profits at the start of its 2025 fiscal year.
Thu 25 Jul 2024 13:48
(Sharecast News) - The Financial Conduct Authority said on Thursday that it has fined Coinbase just over £3.5m for allowing high-risk customers to use its services.
Thu 25 Jul 2024 13:26
(Sharecast News) - Over at Canaccord Genuity, analysts cut their target price on fintech group CAB Payments from 240.0p to 214.0p on Thursday following the group's H124 trading update.
Thu 25 Jul 2024 13:02
(Sharecast News) - Food giant Nestle slumped on Thursday after it cut its sales outlook for the year as pricing has come down "faster than expected".
Thu 25 Jul 2024 12:35
(Sharecast News) - American Airlines reported its highest-ever quarterly revenue for its second quarter on Thursday, at $14.3bn, although that still fell short of its own expectations, as the airline also lowered its full-year earnings guidance.
Thu 25 Jul 2024 12:33
(Sharecast News) - Analysts at Berenberg upgraded business-to-business media firm Ascential to 'buy' from 'hold' and hiked their target price on the stock to 568.0p from 395.0p following a takeover offer from Informa.
Thu 25 Jul 2024 12:32
(Sharecast News) - Private equity firm Apollo Global Management is reportedly on the brink of a deal to buy UK parcel delivery firm Evri in a £2.7bn deal.
Thu 25 Jul 2024 12:32
(Sharecast News) - All eyes at the end of the week will be on the latest US inflation numbers.
Thu 25 Jul 2024 12:30
(Sharecast News) - Four major high street banks - HSBC, Lloyds, TSB, and Allied Irish Banks (AIB) - have been found in violation of rules set by the Competition and Markets Authority (CMA), it emerged on Thursday.
Thu 25 Jul 2024 11:35
(Sharecast News) - Fund and corporate administration services firm JTC hailed record new business wins in the first half as it made a positive start to its so-called "Cosmos era" business plan.
Thu 25 Jul 2024 11:23
(Sharecast News) - Cineworld will reportedly unveil a sweeping overhaul this week that will cost hundreds of jobs and reduce its British footprint by at least a quarter.
Thu 25 Jul 2024 10:41
(Sharecast News) - Retail-focused property investor Hammerson reported a slight fall in adjusted profits in the first half as the company continues to sell off assets and cut debt amid ongoing declines in rental income and valuations.
Thu 25 Jul 2024 10:40
(Sharecast News) - Shares in Judges Scientific plunged on Thursday after the AIM-quoted scientific instruments conglomerate warned on profits following "subdued" trading in the first half.
Thu 25 Jul 2024 10:27
(Sharecast News) - Authentication and currency solutions specialist De La Rue reported total revenue of £310.3m in its full-year results on Thursday, marking an 11.3% decline from £349.7m in the prior fiscal year, primarily due to a downturn in the currency industry.
Thu 25 Jul 2024 10:25
(Sharecast News) - Property development firm Great Portland Estates has let 20,000 square feet of retail space at the western end of Mount Royal in West London.
Thu 25 Jul 2024 10:20
(Sharecast News) - CMC Markets backed its full-year guidance on Thursday as it said trading in the first quarter was in line with management's expectations.
Thu 25 Jul 2024 10:19
(Sharecast News) - HICL Infrastructure reported a solid operational performance alongside strategic financial manoeuvres in an interim update on Thursday.
Thu 25 Jul 2024 10:11
(Sharecast News) - CAB Payments said in an update on Thursday that despite facing challenging market conditions, it achieved a 4% increase in total volume levels to £17.6bn in the first half, compared to £16.9bn in the first six months of 2023.
Thu 25 Jul 2024 10:06
(Sharecast News) - Pub group Mitchells & Butlers said on Thursday that Q3 growth had remained ahead of the market.
Thu 25 Jul 2024 09:49
(Sharecast News) - Alliance Trust announced a solid investment performance for the first half of 2024 on Thursday, with increases in both its share price and net asset value (NAV).
Thu 25 Jul 2024 09:43
(Sharecast News) - Anglo American reported $5bn in underlying EBITDA for the first half of 2024 on Thursday, down 3% year-on-year, after a strong operational performance that it said largely counterbalanced a 10% decrease in the average product basket price.
Thu 25 Jul 2024 09:34
(Sharecast News) - Tobacco group British American Tobacco said on Thursday that smokeless revenues had grown in H1 but stated overall revenues had fallen as a result of the divestment of its Russian and Belarusian business and FX headwinds.
Thu 25 Jul 2024 09:23
(Sharecast News) - IG Group reported a drop in full-year profits and revenue on Thursday, pointing to reduced trading activity.
Thu 25 Jul 2024 08:59
(Sharecast News) - Kitchens and joinery products supplier Howden Joinery Group said on Thursday that interim profits had only slightly risen as it continued to navigate "challenging" UK market conditions.
Thu 25 Jul 2024 08:57
(Sharecast News) - Everyman Media shares bounced back following recent falls on Thursday after the cinema chain pointed to improving conditions in the second half on the back of a strong pipeline of releases.
Thu 25 Jul 2024 08:47
(Sharecast News) - Indivior's share price surged on Thursday after the pharma group announced plans for $100m share buyback following a strong first-half performance, with second-quarter revenues in line with recent guidance.
Thu 25 Jul 2024 08:44
(Sharecast News) - Consumer goods company Unilever said on Thursday that underlying earnings had grown in the six months ended 30 June as the group remained focussed on driving high-quality sales growth and gross margin expansion.
Thu 25 Jul 2024 08:30
(Sharecast News) - London-based fintech Revolut said on Thursday that it has received a UK banking licence from the Prudential Regulation Authority (PRA).
Thu 25 Jul 2024 08:24
(Sharecast News) - Business information specialist Relx reported a robust set of first-half results on Thursday, underscoring strong underlying growth and reaffirming its positive full-year outlook.
Thu 25 Jul 2024 08:13
(Sharecast News) - Broadcaster ITV posted a jump in first-half profits on Thursday even as revenue dipped, boosted by the Euros and Love Island.
Thu 25 Jul 2024 08:09
(Sharecast News) - Egypt-focused Centamin saw its free cash flow double during the first half of the year as prices for the yellow metal continued moving higher.
Thu 25 Jul 2024 07:59
(Sharecast News) - Pest-control business Rentokil Initial shares headed south early on Thursday after the group pointed to issued lower full-year profit guidance as a result of a heightened level of investment in H2.
Thu 25 Jul 2024 07:44
(Sharecast News) - India-owned, Africa-focused telecoms group Airtel Africa saw first-quarter revenues rise by almost a fifth at constant currencies, but reported sales dropped sharply due to the ongoing currency devaluation in Nigeria.
Thu 25 Jul 2024 07:41
(Sharecast News) - British Gas owner Centrica said on Thursday that it was extending its share buyback programme as it posted a drop in first-half profits in what it called a more "normalised" external environment.
Thu 25 Jul 2024 07:23
(Sharecast News) - Telecoms giant Vodafone has reiterated its full-year guidance after an in-line first-quarter performance, as strong revenue increases in Africa and Turkey made up for slowing growth in Europe and falling sales in Germany.
Thu 25 Jul 2024 07:19
(Sharecast News) - AstraZeneca revised its full-year 2024 guidance upwards on Thursday, anticipating mid-teens percentage growth in both total revenue and core earnings per share at constant exchange rates.
Thu 25 Jul 2024 07:14
(Sharecast News) - Lloyds Banking Group reported a drop in first-half profit on Thursday as costs rose.
Thu 25 Jul 2024 07:08
(Sharecast News) - BT has reiterated full-year targets after a "solid start" to the year, with strong growth in fibre and customer numbers, though revenues were held back by a weaker performance in the business division.
Wed 24 Jul 2024 17:13
(Sharecast News) - The Bank of Canada on Wednesday cut its key policy rate for the second month in a row, as expected, and said it would trim again if inflation continued to fall.
Wed 24 Jul 2024 11:10
(Sharecast News) - Alfa Financial Software said in an update on Wednesday that during the second quarter, it continued a strong operational performance, with six customer deliveries building on the seven deliveries from the first quarter.
Wed 24 Jul 2024 10:56
(Sharecast News) - Shares in Greencore rose on Wednesday as the Ireland based convenience food company upgraded full-year earnings guidance as it reported a rise in revenue and continued improvement in profit conversion.
Wed 24 Jul 2024 10:55
(Sharecast News) - Shares in Aston Martin Lagonda were in the green on Wednesday morning, after it reiterated its 2024 guidance in its half-year results, including positive free cash flow in the second half.
Wed 24 Jul 2024 10:31
(Sharecast News) - Construction materials group Breedon reported a robust first-half performance on Wednesday despite challenging market conditions, driven by strategic progress and operational efficiency.
Wed 24 Jul 2024 10:27
(Sharecast News) - Primary Health Properties reported a 2.9% increase in adjusted earnings per share in its interim results on Wednesday, now at 3.5p, compared to 3.4p for the same period in 2023.
Wed 24 Jul 2024 10:04
(Sharecast News) - Over at Berenberg, analysts hiked their target price on ventilation equipment business Volution to 600.0p from 500.0p on Wednesday following the group's full-year trading update.
Wed 24 Jul 2024 09:33
(Sharecast News) - Analysts at Canaccord Genuity lowered their target price on B2B technology group Nexteq from 300.0p to 200.0p on Wednesday despite "strong margins and cash", noting that destocking persisted.
Wed 24 Jul 2024 08:30
(Sharecast News) - Wind farm-focussed infrastructure fund Greencoat UK Wind said in its half-year results on Wednesday that its investments generated 2,654 GWh of renewable electricity in the first half of the year.
Wed 24 Jul 2024 08:19
(Sharecast News) - Listed residential landlord Grainger announced the acquisition of The Astley, a £31m build-to-rent asset in Manchester, on Wednesday.
Wed 24 Jul 2024 08:14
(Sharecast News) - Air quality technology designer and manufacturer Volution upgraded its expectations for the financial year about to end on Wednesday, anticipating adjusted earnings per share to be slightly ahead of current market forecasts, driven by strong performance in the UK residential sector.
Wed 24 Jul 2024 08:09
(Sharecast News) - Hochschild Mining reported robust first-half production numbers and a solid financial position in an update on Wednesday, having produced 103,752 ounces of gold and 4.1 million ounces of silver, amounting to 152,792 gold equivalent ounces and 12.7 million silver equivalent ounces.
Wed 24 Jul 2024 07:59
(Sharecast News) - Refractory products specialist RHI Magnesita reported stable revenue and resilient margins in its half-year results on Wednesday, despite a challenging demand environment.
Wed 24 Jul 2024 07:54
(Sharecast News) - Gold and silver miner Fresnillo said it was on track to meet full year guidance after strong second quarter production.
Wed 24 Jul 2024 07:45
(Sharecast News) - Facilities group and government contractor Mitie said it was doubling its share buyback programme, to £100m after good momentum in the first quarter of its fiscal year.
Wed 24 Jul 2024 07:35
(Sharecast News) - Consumer goods giant Reckitt said it was slimming down its portfolio to focus on core businesses and offloading several home care brands.
Wed 24 Jul 2024 07:22
(Sharecast News) - Low-cost carrier easyJet reported a significant year-on-year improvement in its third-quarter financial performance on Wednesday, with a 16% increase in headline profit before tax, amounting to £236m.
Wed 24 Jul 2024 07:03
(Sharecast News) - Publishing and exhibitions group Informa on Wednesday said it was buying rival Ascential in an agreed £1.2bn deal.
Tue 23 Jul 2024 09:52
(Sharecast News) - Investors' focus in the middle of the week would be on a raft of purchasing managers' surveys covering activity in manufacturing and services on either side of the Channel as well as in the States.
Tue 23 Jul 2024 09:25
(Sharecast News) - Analysts at Berenberg lowered their target price on specialist staffing organisation SThree from 550.0p to 520.0p on Tuesday but said the group's contract focus offered resilience versus peers.
Tue 23 Jul 2024 09:19
(Sharecast News) - Shore Capital has reiterated its 'buy' rating for Compass Group after a report of strong third-quarter trading from the catering giant, saying it expects consensus forecasts to be revised higher following the update.
Tue 23 Jul 2024 09:15
(Sharecast News) - Molecular sensing technology group Oxford Nanopore has struck a collaboration and contract expansion with Plasmidsaurus.
Tue 23 Jul 2024 09:05
(Sharecast News) - Taylor Maritime Investments reported an audited net asset value (NAV) per share of $1.48 in its full-year results on Tuesday, with a total NAV of $485m.
Tue 23 Jul 2024 08:54
(Sharecast News) - Pub operator Fuller, Smith & Turner reported strong trading momentum for the 16 weeks ended 20 July in an update on Tuesday.
Tue 23 Jul 2024 08:47
(Sharecast News) - Galliford Try announced on Tuesday that it has secured positions on the new £835m NHS North of England Commercial Procurement Collaborative (NOE CPC) specialist estates engineering and maintenance services (Hard FM) framework.
Tue 23 Jul 2024 08:43
(Sharecast News) - Floor coverings distributor Headlam Group said in an update on Tuesday that trading in its first half was consistent with its previous update on 14 May, reflecting ongoing market challenges.
Tue 23 Jul 2024 08:31
(Sharecast News) - Energean announced the final investment decision (FID) for its Katlan development project in Israel on Tuesday.
Tue 23 Jul 2024 08:25
(Sharecast News) - Listed water companies United Utilities Group and Severn Trent both received top ratings in the Environment Agency's 2023 environmental performance assessment (EPA) on Tuesday, with each company achieving four-star status.
Tue 23 Jul 2024 07:59
(Sharecast News) - Financial services firm Alpha Group said on Tuesday that interim revenue and profits had risen on the back of strong growth in both its corporate and institutional markets.
Tue 23 Jul 2024 07:36
(Sharecast News) - UK insurance group Beazley has reassured investors that the ongoing IT outage linked to cyber firm CrowdStrike should not affect its profitability.
Tue 23 Jul 2024 07:34
(Sharecast News) - Specialist recruiter SThree left its full-year guidance unchanged on Tuesday, despite posting a slide in interim revenues.
Tue 23 Jul 2024 07:19
(Sharecast News) - Mitie Group reported strong trading momentum in its first quarter on Tuesday, with revenue rising 10.5% to £1.16bn, compared to £1.05bn a year earlier.
Tue 23 Jul 2024 07:05
(Sharecast News) - Anglo American's South Africa-based iron ore mining subsidiary delivered what it termed a "solid" performance for the first half of the year.
Tue 23 Jul 2024 07:01
(Sharecast News) - Catering giant Compass Group boosted its full-year guidance on Tuesday, following a bumper third quarter.
Mon 22 Jul 2024 13:00
(Sharecast News) - Analysts at Berenberg upgraded their stance on The Gym Group from 'hold' to 'buy' on Monday and hiked their target price on the stock from 121.0p to 180.0p, stating the company was "in good shape".
Mon 22 Jul 2024 12:41
(Sharecast News) - Over at Canaccord Genuity, analysts initiated coverage on Indonesian palm oil supplier MP Evans with a 'buy' rating and 1,250.0p target price on Monday, highlighting the group's "strong financial returns".
Mon 22 Jul 2024 12:39
(Sharecast News) - The new Labour government is set to look closely at the £5.3bn takeover of Royal Mail-owner International Distribution Services by Czech billionaire Daniel Kretinsky.
Mon 22 Jul 2024 12:22
(Sharecast News) - Light Science Technologies, which operates through three divisions - controlled environment agriculture (CEA), contract electronics manufacturing (CEM), and passive fire protection (PFP) - reported strong momentum in its CEM division on Monday, driven by a record-breaking year in the pest control market.
Mon 22 Jul 2024 12:07
(Sharecast News) - Investors' focus on Tuesday will be on the corporate space as US tech giant Alphabet and carmaker Tesla release their latest quarterly results.
Mon 22 Jul 2024 11:06
(Sharecast News) - Tapi Carpet & Floors has agreed to buy a clutch of Carpetright stores as well as the struggling retailer's brand, it was reported on Monday.
Mon 22 Jul 2024 09:05
(Sharecast News) - Balanced Commercial Property Trust announced the sale of its multi-let office holding at 17A Curzon Street, London W1 on Monday.
Mon 22 Jul 2024 08:01
(Sharecast News) - South Africa's Anglo American Platinum said its restructuring programme remained on track on Monday, as it posted a sharp drop in half-year profits.
Mon 22 Jul 2024 07:42
(Sharecast News) - Moneysupermarket.com operator MONY Group hailed its best-ever results for a first half, as revenues hit a quarter of a billion pounds on the back of a strong performance in the insurance and cashback categories.
Mon 22 Jul 2024 07:30
(Sharecast News) - The regulator has fined BT Group nearly £18m over "catastrophic" 999 call-handling failures, it was announced on Monday.
Mon 22 Jul 2024 07:21
(Sharecast News) - US grocery giant Kroger ordered two of Ocado's newest technology solutions for its existing and future customer fulfilment centres.
Mon 22 Jul 2024 07:19
(Sharecast News) - Shopping centre owner Hammerson said it had sold its interest in Value Retail to consumer-focused investment firm L Catterton for an enterprise value of £1.5bn and also announced a £140m share buyback along with a one-for-10 shar consolidation.
Mon 22 Jul 2024 07:17
(Sharecast News) - Gambling giant Entain announced the appointment of Gavin Isaacs as its new chief executive officer on Monday, effective from 2 September.
Mon 22 Jul 2024 07:03
(Sharecast News) - Vodafone Group said it had sold a further 10% stake in the joint venture that co-controls Vantage Towers for €1.3bn to reduce its debt.
Mon 22 Jul 2024 07:00
(Sharecast News) - Ryanair Holdings posted a sharp fall in quarterly profits Monday and warned fares would likely be "materially" lower than last summer.
Fri 19 Jul 2024 12:55
(Sharecast News) - Bridgepoint Group upgraded its full-year expectations on Friday, after reporting a stronger-than-expected financial performance for the first half, driven by successful fundraising and robust capital deployment.
Fri 19 Jul 2024 12:48
(Sharecast News) - Praxis Group announced on Friday that it was in the preliminary stages of considering a potential cash offer for Capital & Regional.
Fri 19 Jul 2024 12:44
(Sharecast News) - Harworth Group announced the completion of an £8.5m sale on Friday, of 15.6 acres of serviced residential land at its Stopes Road development near Little Lever in Bolton, to Taylor Wimpey UK.
Fri 19 Jul 2024 12:40
(Sharecast News) - Taylor Maritime Investments (TMI) announced on Friday that its subsidiary, Grindrod Shipping Holdings, has received approval from Singapore's High Court for its selective capital reduction.
Fri 19 Jul 2024 12:33
(Sharecast News) - GSK announced on Friday that the European Medicines Agency (EMA) has accepted its marketing authorisation application for 'Blenrep', or belantamab mafodotin, in combination with bortezomib plus dexamethasone - 'BorDex', or pomalidomide plus dexamethasone - PomDex, for treating relapsed or refractory multiple myeloma.
Fri 19 Jul 2024 12:27
(Sharecast News) - United Utilities Group reported sustained strong operational performance in an update on Friday, affirming its financial guidance for the 2024-2025 period remained unchanged.
Fri 19 Jul 2024 12:21
(Sharecast News) - Virgin Money UK announced on Friday that its has received unconditional approval from the Competition and Markets Authority (CMA) for its acquisition by Nationwide Building Society.
Fri 19 Jul 2024 10:14
(Sharecast News) - Telecoms providers are to be banned from putting up prices linked to inflation mid-contract, the regulator confirmed on Friday.
Fri 19 Jul 2024 09:32
(Sharecast News) - Analysts at Canaccord Genuity raised their target price on home furnishings retailer Dunelm from 1,250.0p to 1,325.0p on Friday, stating the firm's "strong finish" to FY24 had driven a "small" earnings beat.
Fri 19 Jul 2024 09:30
(Sharecast News) - Analysts at Berenberg hiked their target price on financial services firm AJ Bell from 370.0p to 410.0p on Friday after the group's Q3 earnings on 18 July sent shares up roughly 6% on the day.
Fri 19 Jul 2024 08:25
(Sharecast News) - The deadline for a potential £5.4bn takeover of Hargreaves Lansdown has been pushed back, the fund supermarket confirmed on Friday.
Fri 19 Jul 2024 07:03
(Sharecast News) - A joint venture half-owned by SEGRO has sold a portfolio of logistics warehouses in Italy for €327m (£275m), the company said on Friday.
Thu 18 Jul 2024 15:09
(Sharecast News) - RBC Capital Markets lifted its price target on Capita on Thursday to 2,200p from 1,800p as it adjusted forecasts for the Capita One disposal.
Thu 18 Jul 2024 12:55
(Sharecast News) - Mobile payment solutions provider Boku reported a strong financial and operational performance for its first half on Thursday, alongside the appointment of a new chief financial officer.
Thu 18 Jul 2024 12:50
(Sharecast News) - Sequoia Economic Infrastructure Income Fund (SEQI) announced the successful refinancing of its existing multi-currency revolving credit facility (RCF) of £325m on Thursday, which was due to mature on 12 November.
Thu 18 Jul 2024 12:46
(Sharecast News) - Pharos Energy reported group revenue of $65m in a first half update on Thursday, while cash balances stood at $31m as of 30 June, compared to $32.6m at the end of 2023.
Thu 18 Jul 2024 12:36
(Sharecast News) - Mining services company Capital Limited reported significant revenue growth in a first-half update on Thursday, with second quarter revenue increasing 16.6% year-on-year to $89.2m, and first-half revenue up 9.8% to $169.4m.
Thu 18 Jul 2024 12:28
(Sharecast News) - Octopus Renewables Infrastructure Trust (ORIT) announced a conditional agreement on Thursday, to sell the Ljungbyholm onshore wind farm in Sweden to a German institutional investor for around €74m.
Thu 18 Jul 2024 12:24
(Sharecast News) - PensionBee Group announced its expansion into the United States, the world's largest defined contribution pension market, on Thursday.
Thu 18 Jul 2024 12:19
(Sharecast News) - Vodafone Group announced on Thursday that Aldo Bisio would step down as chief executive officer of Vodafone Italy and as a member of the group executive committee on 15 November.
Thu 18 Jul 2024 11:32
(Sharecast News) - The financial regulator has warned banks must do more to ensure political clients are treated fairly, it was announced on Thursday.
Thu 18 Jul 2024 10:44
(Sharecast News) - Morgan Stanley lifted Schroders to 'overweight' from 'equalweight' on Thursday as it took a look at European asset managers and switched its preference from DWS.
Thu 18 Jul 2024 10:15
(Sharecast News) - Shares in Evoke were sliding on Thursday morning, after the gambling operator revealed mixed results for the first half but maintained a positive outlook in a trading update.
Thu 18 Jul 2024 09:34
(Sharecast News) - Construction firm Kier said on Thursday that full-year revenue and profit were set to be in line with market expectations as its order book hit nearly £11bn and it hailed a "strong" operational performance.
Thu 18 Jul 2024 09:02
(Sharecast News) - Defence technology company Qinetiq said on Thursday that it was on track to meet full-year expectations following a "good" Q1 operational performance.
Thu 18 Jul 2024 09:00
(Sharecast News) - The market spotlight at the end of the week will be on the UK consumer.
Thu 18 Jul 2024 08:08
(Sharecast News) - Berenberg downgraded Babcock on Thursday to 'hold' from 'buy', pointing to the fact the shares have re-rated since it initiated coverage in 2022 and now adequately price in the benefits of the company's strategic turnaround.
Thu 18 Jul 2024 08:04
(Sharecast News) - Shares in AJ Bell sparked in morning trading on Thursday, after the investment platform saw both customer numbers and inflows jump.
Thu 18 Jul 2024 08:03
(Sharecast News) - Gold miner Centamin said on Thursday that it Capital Ltd has completed its 120.0m tonne four-year contract waste stripping programme at its Sukari mine in Egypt ahead of schedule.
Thu 18 Jul 2024 08:02
(Sharecast News) - Royal Mail owner International Distribution Services said first-quarter revenues rose 8.2% driven by strong parcel demand and more postal votes during the recent UK general election.
Thu 18 Jul 2024 07:53
(Sharecast News) - Cybersecurity group Darktrace saw continued double-digit top-line growth in its fourth quarter, helped by decent customer growth and strong retention rates.
Thu 18 Jul 2024 07:41
(Sharecast News) - Private rented sector-focused real estate group PRS REIT said its portfolio performed "very strongly" over the final quarter of its financial year, with occupancy and rent collections at very high levels and arrears remaining low.
Thu 18 Jul 2024 07:40
(Sharecast News) - Distribution group Diploma on Thursday held guidance as revenue grew 13% in the nine months to June 30.
Thu 18 Jul 2024 07:35
(Sharecast News) - Premier Foods posted a jump in first-quarter sales on Thursday, boosted by strong demand overseas for Mr Kipling cakes.
Thu 18 Jul 2024 07:25
(Sharecast News) - Self-storage specialist Big Yellow reported a rise in like-for-like revenue for the first quarter, despite a slight fall in occupancy, as demand momentum continued.
Thu 18 Jul 2024 07:21
(Sharecast News) - Private equity and infrastructure investment firm 3i Group said it had an "encouraging start" to the new financial year, with net asset value (NAV) rising 4% over the first quarter.
Thu 18 Jul 2024 07:18
(Sharecast News) - SSE reported a strong operational performance in its first quarter on Thursday, aligning with expectations, with significant growth in its renewables sector.
Thu 18 Jul 2024 07:18
(Sharecast News) - SSE reported a strong operational performance in its first quarter on Thursday, aligning with expectations, with significant growth in its renewables sector.
Thu 18 Jul 2024 07:14
(Sharecast News) - Homewares retailer Dunelm said on Thursday that full-year pre-tax profit was set to be "slightly ahead" of current market expectations of £200m after a "strong" final quarter.
Thu 18 Jul 2024 07:13
(Sharecast News) - Pollen Street Capital's acquisition of Mattioli Woods has taken another step towards completion, it was confirmed on Thursday.
Thu 18 Jul 2024 07:04
(Sharecast News) - Anglo American on Thursday held annual copper and iron ore production guidance unchanged after a second-quarter update, but cut steelmaking coal output forecasts after a fire at its Grosvenor mine in Australia last month.
Thu 18 Jul 2024 07:02
(Sharecast News) - Mike Ashley's Frasers Group posted annual profits at the top of guidance on Thursday, despite a dip in revenues.
Wed 17 Jul 2024 16:06
(Sharecast News) - Analysts at Berenberg lowered their target price on mining giant Rio Tinto from 5,800.0p to 5,700.0p on Wednesday following Q2 production results from the company.
Wed 17 Jul 2024 13:44
(Sharecast News) - The market spotlight on Thursday will be on the UK jobs market and whether or not the latest data support expectations for an interest rate cut in September.
Wed 17 Jul 2024 13:10
(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 recent years.
Wed 17 Jul 2024 11:37
(Sharecast News) - Helical updated the market on its recent trading on Wednesday, reporting significant advancements in its development projects, lettings, sales, and financial performance.
Wed 17 Jul 2024 11:27
(Sharecast News) - Titanium and zircon producer Kenmare Resources updated the market on operations at the Moma Titanium Minerals Mine in northern Mozambique on Wednesday, reporting significant year-on-year improvements in a number of key metrics.
Wed 17 Jul 2024 10:07
(Sharecast News) - A consortium backed by British tycoon Mike Jatania has agreed to buy The Body Shop International out of administration, it was announced on Wednesday.
Wed 17 Jul 2024 10:07