News Archive

German investor sentiment deteriorates more than expected - ZEW

17th Sep 2024 11:11

(Sharecast News) - German business sentiment deteriorated more than expected in September, according to a survey released on Tuesday by the ZEW Center for European Economic Research in Mannheim.

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London midday: Stocks maintain gains ahead of Fed; Kingfisher rallies

17th Sep 2024 11:04

(Sharecast News) - London stocks were still firmly in the black by midday on Tuesday as investors eyed the start of the Federal Reserve's two-day policy meeting and an expected rate cut.

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Next 15 reports flat revenue in tough first half

17th Sep 2024 11:01

(Sharecast News) - Next 15 Group, a tech and data-driven growth consultancy, reported flat group net revenue in its first half on Tuesday, at £286.8m, with statutory revenue unchanged at £364.1m.

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Henry Boot confident despite fall in first-half profits

17th Sep 2024 10:54

(Sharecast News) - Henry Boot, a UK-based company specialising in land promotion, property investment and development, and construction, reported strong land and property sales in its interim results on Tuesday, although its profitability declined.

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Europe midday: Stoxx shrugs off German ZEW result with all eyes on Fed

17th Sep 2024 10:50

(Sharecast News) - European shares extended gains at midday on Tuesday, shrugging off a poor German business sentiment survey as investors looked ahead to the US Federal Reserve for a rate cut this week.

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McBride beats own forecasts with full-year profit growth

17th Sep 2024 10:42

(Sharecast News) - Cleaning goods maker McBride delivered full-year profits slightly ahead of market forecasts on Tuesday and said it remains on track to hit estimates this year on the back of a recovery in the contract manufacturing business.

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Asia report: Markets mixed as investors look to Fed meeting

17th Sep 2024 10:41

(Sharecast News) - Asia-Pacific stock markets delivered a mixed performance on Tuesday, with Japan's Nikkei 225 leading declines amid a strengthening yen.

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JTC shares slide despite solid first-half results

17th Sep 2024 10:35

(Sharecast News) - JTC, a global provider of fund, corporate, and private client services, saw its shares slide on Tuesday morning, even after it announced robust interim results for the six months ended 30 June.

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JPMorgan upgrades Auction Technology to 'overweight'

17th Sep 2024 10:22

(Sharecast News) - JPMorgan Cazenove upgraded Auction Technology on Tuesday to 'overweight' from neutral' as it argued the shares are overly discounting earnings risk into 2025.

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US pre-open: Stocks rise ahead of retail sales, Intel jumps

17th Sep 2024 09:52

(Sharecast News) - US stock futures were inching higher on Tuesday with the Dow expected to set new record highs as investor attention remains firmly fixed on the two-day Federal Open Market Committee meeting, which begins later on.

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Profits at video game maker Team17 rise despite challenging new release market

17th Sep 2024 09:51

(Sharecast News) - British video game developer Team17 reported double-digit growth in the firs half, helped by the launch of new games, while profits rose by nearly a quarter.

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Microsoft announces $60bn buyback, hikes dividend

17th Sep 2024 09:38

(Sharecast News) - Microsoft announced the launch of a share buyback of up to $60bn late on Monday, as it hiked its quarterly dividend.

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W7 owner Warpaint hails another record first half

17th Sep 2024 09:11

(Sharecast News) - Cosmetics company Warpaint posted a jump in first-half sales and profit on Tuesday, with a record level of sales delivered at a significantly higher margin.

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Urban Logistics refinances £151m facility, acquires four assets

17th Sep 2024 08:40

(Sharecast News) - Urban Logistics REIT announced the successful refinancing of its £151m debt facility on Tuesday.

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Europe open: Shares rise on rate cut hopes; Barry Callebaut soars

17th Sep 2024 08:12

(Sharecast News) - European shares made a strong start on Tuesday, with investors still eyeing the US Federal Reserve for a rate cut this week.

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