News Archive

Berenberg lowers target price on Impax Asset Management

8th Oct 2024 12:16

(Sharecast News) - Analysts at Berenberg lowered their target price on Impax Asset Management from 620.0p to 560.0p on Tuesday but noted that outflows had started to slow.

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GSK's Arexvy provides protection over three RSV seasons, trial shows

8th Oct 2024 11:57

(Sharecast News) - GSK has announced positive results from a phase III trial of its Arexvy RSV vaccine, showing that just one dose of the treatment could help protect older adults at risk of RSV disease over three seasons.

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NFIB small business optimism index falls short of expectations

8th Oct 2024 11:43

(Sharecast News) - The National Federation of Independent Business' September optimism index increased to 91.5 in September, missing forecasts for a print of 91.7 and marking the 33rd consecutive month below the 50-year average of 98.

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London midday: FTSE stays down on China disappointment; Vistry tanks

8th Oct 2024 11:42

(Sharecast News) - London stocks were still sharply lower by midday on Tuesday as investors were left disappointed by a lack of new stimulus measures from China, and with housebuilder Vistry in freefall after a profit warning.

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US pre-open: Futures higher following Monday's heavy losses

8th Oct 2024 11:20

(Sharecast News) - Wall Street futures were in the green ahead of the bell on Tuesday amid heightened oil prices and rising bond yields.

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Kooth slides as Root Capital sells 3.7m shares in placing

8th Oct 2024 11:13

(Sharecast News) - Kooth tumbled on Tuesday after Root Capital sold just over 3.75 million shares in the company in a placing.

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Europe midday: Stocks drop as China concerns hit sentiment

8th Oct 2024 10:59

(Sharecast News) - European stock markets fell on Tuesday, with drinks, luxury and mining stocks weighing heavily on indices across the continent as earlier optimism surrounding stimulus measures in China began to fade.

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S&U revenue up, profitability a challenge in first half

8th Oct 2024 10:53

(Sharecast News) - Motor and property finance specialist S&U reported a mixed first-half financial performance on Tuesday, after group revenue increased 9% year-on-year to £60.4m.

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China to impose anti-dumping measures on EU brandy, drink stocks slump

8th Oct 2024 10:33

(Sharecast News) - Shares of European drinks makers slumped on Tuesday after China said it would impose provisional anti-dumping tariffs on brandy imported from the European Union this week.

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Loungers reports slight slowdown in LFL sales growth

8th Oct 2024 09:53

(Sharecast News) - Cosy Club owner Loungers reported a slight slowdown in like-for-like sales growth on Tuesday and a jump in revenue.

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Brooks Macdonald buys financial planning firm Lift for up to £45m

8th Oct 2024 09:30

(Sharecast News) - Brooks Macdonald said on Tuesday that it has agreed to buy financial planning firm Lift for up to £45m.

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Asia report: Most markets fall as China returns from holiday

8th Oct 2024 09:01

(Sharecast News) - Asia-Pacific markets experienced a turbulent session on Tuesday, as mainland Chinese markets returned from a week-long break, while traders digested weak data from Japan.

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Gulf Keystone announces $20m dividend, $10m share buyback

8th Oct 2024 09:01

(Sharecast News) - Gulf Keystone Petroleum announced a $20m interim dividend and the launch of a share buyback programme worth up to $10m on Tuesday.

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Ofwat tells water firms to improve immediately in damning report

8th Oct 2024 08:46

(Sharecast News) - Ofwat called on the water sector to significantly improve its performance on Tuesday, after companies fell short of key environmental and service targets, costing the industry £157.6m in penalties this year.

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Motorpoint swings back to profit in first half

8th Oct 2024 08:30

(Sharecast News) - Motorpoint Group reported a strong first half in an update on Tuesday, returning to profitability after posting a loss in the same period last year.

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