News Archive
M&G reports H1 net outflows of £1.5bn
4th Sep 2024 08:02
(Sharecast News) - Investment manager M&G reported net outflows of £1.5bn for the six months ended 30 June, excluding its Heritage division, a marked difference compared to net inflows of £700.0m at the same time a year earlier.
Read moreDirect Line misses profit expectations despite price hikes
4th Sep 2024 07:45
(Sharecast News) - UK home and car insurer Direct Line returned to profit but missed earnings expectations for the half-year as sharp price hikes saw customers shop for better deals.
Read moreLondon pre-open: Stocks seen lower after US selloff
4th Sep 2024 07:33
(Sharecast News) - London stocks were set to fall at the open on Wednesday following a heavy selloff on Wall Street on the back of poor manufacturing data.
Read moreWednesday newspaper round-up: Councils, Apple, offshore wind farms
4th Sep 2024 07:27
(Sharecast News) - Spending on the UK live music sector and associated businesses has hit a record £6.1bn as a wave of huge acts from Elton John to Beyoncé cashed in on the pent-up demand to attend shows in person. Live, the federation representing Britain's live music industry, revealed that the sector's contribution to the UK economy topped £6bn for the first time last year, as fans denied live experiences in the Covid pandemic rushed to snap up tickets. - Guardian
Read moreChina services activity slows as firms fret about costs - Caixin survey
4th Sep 2024 07:25
(Sharecast News) - China services sector activity showed slower growth last month as firms cut staffing in response to concerns about higher costs, according to a private survey published on Wednesday.
Read moreHilton Food reports first-half profit growth, statutory revenue slides
4th Sep 2024 07:23
(Sharecast News) - Hilton Food Group reported strong first-half profit growth and increased volumes on Wednesday, although revenue slid more than 8% on a statutory basis.
Read moreService activity boosts eurozone private sector in August
4th Sep 2024 07:20
(Sharecast News) - The eurozone's private sector experienced its fastest growth in three months during August, driven by a stronger services sector, according to the latest Hamburg Commercial Bank (HCOB) eurozone composite purchasing managers' index (PMI) on Wednesday.
Read moreSegro to buy Tritax for £1.1bn including debt
4th Sep 2024 07:19
(Sharecast News) - Segro said on Wednesday that it has agreed to buy rival Tritax EuroBox in a deal with an implied enterprise value of around £1.1bn including debt.
Read moreBarratt profits slump on weak demand, mortgage rates
4th Sep 2024 07:04
(Sharecast News) - House builder Barratt reported a 75% plunge in annual profit, citing cost-of-living pressures, much higher mortgage rates and limited consumer confidence.
Read moreUS close: Stocks sharply lower following August manufacturing PMIs
3rd Sep 2024 21:17
(Sharecast News) - Wall Street stocks closed firmly lower on Tuesday as traders returned from the Labor Day long weekend to fresh manufacturing data.
Read moreSector movers: China and US growth concerns weigh on commodity plays
3rd Sep 2024 19:01
(Sharecast News) - Stocks in the UK ended the session clearly in the red amid growth concerns in China and the US, which resulted in broad-based losses in the commodities space.
Read moreLondon close: Stocks slip as investors digest UK, US data
3rd Sep 2024 15:51
(Sharecast News) - London stocks ended Tuesday in negative territory as investors reacted to the latest UK retail sales date, and a fresh manufacturing sector reading out of the US.
Read moreISM factory PMI edges up by less than expected in August
3rd Sep 2024 15:46
(Sharecast News) - Factory sector activity in the States shrank at a slightly lower pace in August, the results of a closely followed survey showed.
Read moreBradda Head identifies significant targets at San Domingo
3rd Sep 2024 15:34
(Sharecast News) - North America-focussed lithium developer Bradda Head announced the identification of significant drill targets at its San Domingo pegmatite project in central Arizona on Tuesday.
Read moreDirector dealings: Gateley director snaps up shares
3rd Sep 2024 15:34
(Sharecast News) - Gateley revealed on Tuesday that non-executive director Edward Knapp had acquired 16,254 ordinary shares in the AIM-listed professional services firm.
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