News Archive

Itaconix reports solid FY24 numbers, remains 'optimistic' about FY25 prospects

22nd Jan 2025 10:23

(Sharecast News) - Specialty polymers business Itaconix reported solid FY24 numbers on Wednesday and said it was "optimistic" about its prospects for FY25.

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The Revel Collective lowers FY underlying earnings guidance

22nd Jan 2025 09:48

(Sharecast News) - Bar operator The Revel Collective lowered its FY profit guidance on Wednesday as it said the late-night bar market remained tough and that it was also facing a "very damaging" hit from recent budget measures.

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Diploma and JTC among Berenberg's top industrial picks for 2025

22nd Jan 2025 08:58

(Sharecast News) - Berenberg has highlighted is key picks in the UK-listed industrials sector for 2025, saying it continues to favour "quality compounders" and cyclical stocks with good exposure to a recovery in end-markets.

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Petra to sell Tanzania mine in $16m deal

22nd Jan 2025 08:39

(Sharecast News) - Shares in Petra Diamonds sparkled on Wednesday after the AIM-listed miner agreed to offload its Tanzanian mine in a deal worth up to $16m

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Europe open: Stoxx rises as DAX hits record high on Adidas results

22nd Jan 2025 08:28

(Sharecast News) - European shares made a strong start on Wednesday as gains continued from the previous two sessions, with Adidas shares in focus after upbeat fourth-quarter results, sending Germany's DAX index to a record high.

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ICG impresses with third-quarter AUM growth, fundraising

22nd Jan 2025 08:01

(Sharecast News) - Alternative asset manager Intermediate Capital Group impressed investors with a third-quarter update on Wednesday after reporting a 5.1% increase in assets under management and strong fundraising activity.

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Hochschild Mining annual production in line after strong Q4

22nd Jan 2025 07:58

(Sharecast News) - Shares in Hochschild Mining plunged on Wednesday after the South America-focused miner forecast higher production costs due to soaring inflation in Argentina and a slower-than-expected ramp up of operations at its Mara Rosa mine in Brazil.

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London open: Stocks edge up as investors mull borrowing figures

22nd Jan 2025 07:54

(Sharecast News) - London stocks edged up in early trade on Wednesday as figures revealed the government borrowed more than expected in December.

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Quilter shakes off Budget jitters to post bumper fourth-quarter numbers

22nd Jan 2025 07:52

(Sharecast News) - Wealth manager Quilter reported a jump in assets under management on Wednesday, after net inflows soared.

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Government borrowing jumps to £17.8bn in December

22nd Jan 2025 07:44

(Sharecast News) - The UK government borrowed more than expected in December, according to figures released on Wednesday by the Office for National Statistics.

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JPMorgan upgrades Aviva to 'overweight'

22nd Jan 2025 07:37

(Sharecast News) - JPMorgan Cazenove upgraded Aviva on Wednesday to 'overweight' from 'neutral' and lifted the price target to 615p from 555p as it assessed the valuation upside from the Direct Line acquisition.

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London pre-open: Stocks to nudge up as govt borrowing jumps to £17.8bn

22nd Jan 2025 07:35

(Sharecast News) - London stocks were set to nudge up at the open on Wednesday as figures revealed the government borrowed more than expected in December.

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Wednesday newspaper round-up: HMRC, CMA, Santander

22nd Jan 2025 07:26

(Sharecast News) - Parliament's spending watchdog has accused HM Revenue & Customs of deliberately running down its phone services to force people to go online after finding the average call waiting time has passed 23 minutes - almost double the figure of two years earlier. With people across the country working to finish their self-assessment return before the 31 January deadline, the public accounts committee (PAC) said it was "concerned that HMRC has degraded its own phone services" in the hope that taxpayers choose other ways to get in touch. - Guardian

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Great Portland reports solid third quarter with 15 new leases

22nd Jan 2025 07:23

(Sharecast News) - London-focused property group Great Portland Estates said it saw "strong leasing success" over the third quarter ended 31 December, with new leasing deals secured well ahead of estimated rental value (ERV).

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Trainline welcomes government commitment to sector, shares slide

22nd Jan 2025 07:22

(Sharecast News) - Shares in Trainline were sliding on Wednesday morning, even after the UK government committed to a competitive private sector ticket retail market in the rail industry on Wednesday, as part of an update from the Department for Transport (DfT) regarding future online rail ticket retailing.

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