News Archive
US pre-open: Futures trade lower as investors look to Q3 retail earnings
19th Nov 2024 10:39
(Sharecast News) - Wall Street futures were in the red ahead of the bell on Tuesday as market participants digested Q3 earnings from some of the nation's largest retailers.
Read moreUS pre-open: Futures trade lower as investors look to Q3 retail earnings
19th Nov 2024 10:39
(Sharecast News) - Wall Street futures were in the red ahead of the bell on Tuesday as market participants digested Q3 earnings from some of the nation's largest retailers.
Read moreRBC Capital starts Sainsbury's at 'outperform', Tesco at 'sector perform'
19th Nov 2024 10:29
(Sharecast News) - RBC Capital Markets initiated coverage on Sainsbury's and Tesco on Tuesday, saying it sees "attractive" growth prospects for the two major UK listed grocery retailers.
Read moreNexxen International launches $50m share buyback on AIM
19th Nov 2024 10:22
(Sharecast News) - Advanced television advertising technology specialist Nexxen International announced a new share buyback programme worth up to $50m on Tuesday.
Read moreAsia report: Markets rise after Wall Street tech rally
19th Nov 2024 10:20
(Sharecast News) - Asia-Pacific markets posted gains on Tuesday as investors evaluated comments from Chinese policymakers at an investment summit in Hong Kong.
Read moreBerenberg lowers target price on Judges Scientific
19th Nov 2024 10:14
(Sharecast News) - Analysts at Berenberg lowered their target price on scientific instruments business Judges Scientific from 12,400.0p to 11,310.0p on Tuesday, stating the group was approaching a "trough cycle".
Read moreEurozone inflation jumps back to 2%
19th Nov 2024 09:56
(Sharecast News) - Inflation in the eurozone rebounded sharply as expected in October, rising from a three-year low and back in line with the European Central Bank's target.
Read moreRevolution Beauty swings to loss as revenue slides
19th Nov 2024 09:56
(Sharecast News) - Revolution Beauty said on Tuesday that it swung to a loss in the first half as revenue slumped but also hailed good progress with its cost savings programme.
Read moreVictoria offloads Turkish subsidiary Graniser in £31m deal
19th Nov 2024 09:54
(Sharecast News) - Flooring specialist Victoria announced the sale of its Turkish ceramic tile subsidiary Graniser on Tuesday, for total consideration of €36.8m (£30.9m).
Read moreAvon Technologies reports solid set of preliminary results
19th Nov 2024 09:49
(Sharecast News) - Avon Technologies reported a robust set of preliminary results on Tuesday, with received orders surging 40.9% year-on-year to $364.4m, driving a record closing order book of $225.2m, up 65.8%, and providing strong visibility into the 2025 financial year and beyond.
Read moreThyssenkrupp writes down EUR 1bn from steel business
19th Nov 2024 09:39
(Sharecast News) - Thyssenkrupp announced a €1bn writedown on its steel division on Tuesday, as the company navigated a costly transition to low-carbon production.
Read moreGear4Music H1 operating losses narrow
19th Nov 2024 09:33
(Sharecast News) - Music equipment retailer Gear4music said on Tuesday that operating losses had narrowed in the six months ended 30 September on the back of its latest growth strategy.
Read moreVictoria offloads Turkish tile business Graniser
19th Nov 2024 09:31
(Sharecast News) - Flooring manufacturer Victoria announced on Tuesday that it has disposed of its Turkish ceramic tile manufacturing business Graniser for €36.8m.
Read moreNestle takes wraps off CHF 2.5bn cost-cutting plan
19th Nov 2024 09:21
(Sharecast News) - Nestlé unveiled an ambitious cost-cutting initiative and reduced its profit outlook on Tuesday, as new chief executive Laurent Freixe charted a turnaround strategy for the world's largest food company.
Read moreGSK's linerixibat meets primary endpoint
19th Nov 2024 09:21
(Sharecast News) - Drugmaker GSK said on Tuesday that its linerixibat candidate had shown "positive" Phase III results in cholestatic pruritus in primary biliary cholangitis.
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