News Archive

Spirax FY outlook unchanged, FX headwinds slightly stronger than expected

3rd Oct 2024 08:03

(Sharecast News) - Thermal energy and fluid technology solutions group Spirax said on Thursday that its full-year outlook remained unchanged but warned of modest impacts stemming from potentially stronger-than-expected FX headwinds.

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Pound drops as BoE's Bailey says rate cuts could become 'more aggressive'

3rd Oct 2024 07:47

(Sharecast News) - Sterling took a hit on Thursday after Bank of England governor Andrew Bailey told the Guardian that the central bank could become a "bit more aggressive" in cutting interest rates as long as news on inflation continued to be good.

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National Grid expects additional £70m from ESO

3rd Oct 2024 07:44

(Sharecast News) - National Grid said it performed in line with expectations in its first half, though it registered an unexpected additional £70m contribution from the Electricity System Operator (ESO).

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London pre-open: Stocks to nudge up as sterling hit by Bailey comments

3rd Oct 2024 07:41

(Sharecast News) - London stocks were set to nudge up at the open on Thursday, benefiting from a weaker pound, as investors remained cautious amid the escalating conflict in the Middle East.

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British Land raises £301m in placing for retail parks acquisition

3rd Oct 2024 07:25

(Sharecast News) - British Land said on Thursday that it had raised £301m in an equity placing to help fund the acquisition of a portfolio of seven "high quality" retail parks.

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Thursday newspaper round-up: Bank payments, GB News, OpenAI

3rd Oct 2024 07:23

(Sharecast News) - Sellafield will have to pay almost £400,000 after it pleaded guilty to criminal charges over years of cybersecurity failings at Britain's most hazardous nuclear site. The vast nuclear waste dump in Cumbria left information that could threaten national security exposed for four years, according to the industry regulator, which brought the charges. It was also found that 75% of its computer servers were vulnerable to cyber-attack. - Guardian

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Telecom Plus f;ags continued robust growth in first half

3rd Oct 2024 07:19

(Sharecast News) - Telecom Plus reported continued robust growth in customer numbers in a first-half update on Thursday, with a rise of 67,000 customers in the six months ended 30 September.

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Tesco ups profit targets after strong first half

3rd Oct 2024 07:08

(Sharecast News) - Tesco has lifted its annual profit guidance despite a slight underlying slowdown in the second quarter, as growth remained resilient across its main retail operations.

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SSP Group FY profits to jump despite weak Europe trade

3rd Oct 2024 07:04

(Sharecast News) - SSP Group said it expected to deliver a jump in full-year profits, despite weaker earnings in Continental Europe, especially in France where demand during the Olympics was lower than anticipated.

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Friday preview: All eyes on non-farm payrolls report, Wetherspoons results

2nd Oct 2024 19:48

(Sharecast News) - All eyes will be on the latest US non-farm payrolls report on Friday, while in the UK, full-year results from pub chain JD Wetherspoon will be in focus.

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Europe close: Stocks flat as Middle East conflict dampens risk appetite

2nd Oct 2024 15:46

(Sharecast News) - European stock markets finished more or less flat on Wednesday as investors adopted a risk-off approach in light of an escalation of conflict in the Middle East, while oil prices continued to be volatile.

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FTSE 250 movers: Wizz dives; Miners in favour on MEast tensions

2nd Oct 2024 15:04

(Sharecast News) - FTSE 250 (MCX) 20,774.99 -0.67%

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Tesla underwhelms with Q3 deliveries growth

2nd Oct 2024 15:00

(Sharecast News) - Tesla shares were falling sharply on Wednesday despite the electric car giant reporting its first increase in quarterly deliveries, as investors took profits following a big rally in the shares in recent months.

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US open: Stocks lower amid heightened tensions in the Middle East

2nd Oct 2024 14:29

(Sharecast News) - Major indices were in the red early on Wednesday as Q4 trading began with losses amid renewed fears of a full-scale ground war in the Middle East.

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Transense division Translogik enters southeast Asia partnership

2nd Oct 2024 14:11

(Sharecast News) - Transense Technologies announced on Wednesday that its Translogik division has entered a strategic distribution partnership with AssetFindr to expand into the southeast Asian market.

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