News Archive

Uniqlo owner Fast Retailing sees annual sales top 3trn yen

10th Oct 2024 10:58

(Sharecast News) - Fast Retailing, the Japanese clothing conglomerate and owner of Uniqlo, published record annual profits on Thursday that beat both consensus and the company's own forecasts, as group turnover topped 3trn yen for the first time.

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GSK's Zantac settlement should give stock a boost, says Jefferies

10th Oct 2024 10:25

(Sharecast News) - GSK's $2.2bn payment to settle 93% of outstanding Zantac lawsuits in the US was close to the "best case scenario", according to Jefferies, which said the announcement should remove a significant weight on the share price.

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EDF seeks £4bn to help fund Hinkley Point C - report

10th Oct 2024 10:23

(Sharecast News) - Electricite de France is holding talks with investors about funding Hinkley Point C, the nuclear power plant is it in building in Somerset, it was reported on Thursday.

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US pre-open: Futures lower ahead of September CPI

10th Oct 2024 10:18

(Sharecast News) - Wall Street futures were in the red ahead of the bell on Thursday as market participants patiently awaited the release of September's consumer price index.

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FCA fines TSB £10.9m over treatment of customers in arrears

10th Oct 2024 10:10

(Sharecast News) - The Financial Conduct Authority (FCA) has fined TSB Bank £10.9m for failing to ensure fair treatment of customers in financial difficulty.

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Chemring Nobel to look into new Norway explosives production plant

10th Oct 2024 09:45

(Sharecast News) - Chemring Group announced on Thursday that its subsidiary Chemring Nobel was partnering with the Norwegian government on a feasibility study to assess the development of a new military explosives production facility.

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Asia report: Most markets rise as China opens 'swap scheme'

10th Oct 2024 09:39

(Sharecast News) - Most Asia-Pacific markets posted gains on Thursday, buoyed by positive sentiment from Wall Street and investor optimism ahead of key US inflation data.

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UK house prices push higher for first time since 2022

10th Oct 2024 09:24

(Sharecast News) - House prices have risen across the UK for the first time in two years, a closely-watched survey showed on Thursday, as the market was buoyed by lower interest rates.

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Gulf Marine Services secures new long-term contract in Europe

10th Oct 2024 09:04

(Sharecast News) - Gulf Marine Services announced a new long-term contract in Europe on Thursday and the extension of two existing contracts in the Middle East, adding a total of 25 months to the backlog, inclusive of optional extensions.

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SIG considering tender offer to refinance €300m bond

10th Oct 2024 08:53

(Sharecast News) - Europe-focused building products and specialist insulation supplier SIG has indicated that it is looking a potential tender offer for its existing bonds as it looks to refinance debt.

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Centaur Media shares slump on profit warning

10th Oct 2024 08:42

(Sharecast News) - Shares in events and marketing business Centaur Media were sharply lower early on Thursday after it said ongoing challenges in the marketing sector had weighed on earnings throughout H2.

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London open: Stocks gain ahead of US CPI; GSK surges on Zantac settlement

10th Oct 2024 08:06

(Sharecast News) - London stocks rose in early trade on Thursday, taking their cue from an upbeat session on Wall Street, as investors eyed the latest US inflation reading.

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Europe open: Shares lower ahead of US CPI; GSK boosted by Zantac deal

10th Oct 2024 08:02

(Sharecast News) - European shares were slightly lower on Thursday as investors turned their attention to US CPI data due later in the day.

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Liontrust assets under management fall in Q3

10th Oct 2024 08:02

(Sharecast News) - Asset manager Liontrust said on Thursday that assets under management had shrunk in the three months ended 30 September amid uncertainty around changes to taxation in the lead-up to the UK budget.

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Waitrose partners with Just Eat in new convenience partnership

10th Oct 2024 07:52

(Sharecast News) - Waitrose announced on Thursday it is partnering with Just Eat on a multi-year deal to bring rapid deliveries to customers across 229 UK locations in the coming weeks.

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