News Archive

Great Portland reaffirms ERV guidance after strong quarter

10th Oct 2024 07:47

(Sharecast News) - London real estate developer Great Portland Estates reaffirmed annual rental value guidance after a strong three months to the end of September, adding that an improving economy, falling interest rates and scarcity of supply would drive growth.

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Auction Technology Group lowers full-year guidance as CFO steps down

10th Oct 2024 07:40

(Sharecast News) - Auction Technology Group said it expects full-year revenues to be slightly shy of earlier guidance as it announced the resignation of its chief financial officer.

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GSK to pay $2.2bn to settle Zantac lawsuits

10th Oct 2024 07:37

(Sharecast News) - GSK has agreed to pay $2.2bn to settle about 80,000 Zantac lawsuits in the US.

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Profits spark at N Brown despite sales slide

10th Oct 2024 07:34

(Sharecast News) - Online retailer N Brown Group posted strengthened half-year profits and reiterated its full-year outlook on Thursday, despite a "soft" clothing market weighing on sales.

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London pre-open: Stocks seen up as investors eye US inflation

10th Oct 2024 07:33

(Sharecast News) - London stocks were set to gain at the open on Thursday following an upbeat session on Wall Street, as investors eyed the latest US inflation reading.

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Thursday newspaper round-up: Workers' rights, UK productivity, downsizers

10th Oct 2024 07:26

(Sharecast News) - Rogue employers will be targeted by a beefed-up new enforcement agency to protect sweeping changes to rights at work for millions of Britons, set to be outlined in a "watershed" bill published on Friday. The Fair Work Agency will be created as part of the government's employment rights legislation, which will include stronger protections against unfair dismissal and exploitative contracts. - Guardian

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German retail sales pick up as Destatis reporting resumes

10th Oct 2024 07:23

(Sharecast News) - Retail sales in Germany rose over the past two months, according to delayed data from the Federal Statistical Office on Thursday.

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Ramsdens flags record full-year profits

10th Oct 2024 07:21

(Sharecast News) - Financial services provider and retailer Ramsdens reported strong trading momentum for the financial year ended 30 September in an update on Thursday.

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Full-year revenue, earnings rise for Volution

10th Oct 2024 07:19

(Sharecast News) - Volution Group, a designer and manufacturer of air quality systems, reported full-year revenue of £347.6m in its preliminary results on Thursday, a 6% increase, with adjusted operating profit rising 11.7% year-on-year to £78m.

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Tritax EuroBox accepts Brookfield £557m offer as Segro trumped

10th Oct 2024 07:05

(Sharecast News) - Canadian investment firm Brookfield has trumped Segro's effort to buy warehouse owner Tritax EuroBox with an agreed £557m offer.

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Thursday preview: US CPI, ECB minutes in the spotlight

10th Oct 2024 06:48

(Sharecast News) - All eyes on Thursday will be on the week's key data release, the US consumer price index for the month of September.

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Europe close: Shares rally on hopes for fresh China stimulus

10th Oct 2024 06:34

(Sharecast News) - European shares rallied late in the session as a surprise rise in German exports and speculation around fresh stimulus measures in China buoyed investor sentiment.

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US close: Dow Jones, S&P 500 close at record highs

9th Oct 2024 21:38

(Sharecast News) - Both the Dow Jones and S&P 500 closed at record highs on Wednesday as investors thumbed over minutes from the Federal Reserve's latest monetary policy meeting.

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London close: Markets rebound from China-fuelled losses

9th Oct 2024 15:42

(Sharecast News) - London stocks rebounded on Wednesday, with both main indices posting gains after sharp declines in the previous session.

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Director dealings:

9th Oct 2024 15:31

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