News Archive

JLR investing £500m in Merseyside 'factory of the future'

26th Sep 2024 10:07

(Sharecast News) - Jaguar Land Rover is investing £500m to create a "factory of the future" for electric vehicle manufacturing in Merseyside, the Tata-owned auto giant said on Thursday.

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London midday: Stocks stay up as Prudential, miners rally on China boost

26th Sep 2024 10:03

(Sharecast News) - London stocks were still up but off earlier highs by midday on Thursday, having taken their opening cue from strong gains in Asia after China pledged more measures to underpin the economy.

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Ubisoft shares tank on Assassin's Creed delay, bookings forecast cut

26th Sep 2024 10:02

(Sharecast News) - Shares in Ubisoft tanked on Thursday after the French videogame maker delayed the release of its Assassin's Creed Shadows edition by three months to next February and cut net bookings guidance.

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Ten Lifestyle trades in line with FY expectations, launches fundraiser

26th Sep 2024 09:52

(Sharecast News) - Travel and lifestyle concierge business Ten Lifestyle Group said full-year revenue and earnings were expected to be broadly in line with current market expectations and announced both its plans for a new fundraiser and the receipt of a new multi-year contract in the US.

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H&M cuts 2024 earnings target, shares fall

26th Sep 2024 09:39

(Sharecast News) - Fashion giant Hennes & Mauritz cut its full-year margin target on Thursday, weighing on shares, after a "challenging" third quarter.

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AB Dynamics performs 'strongly' during H2, completes Bolab acquisition

26th Sep 2024 09:29

(Sharecast News) - Advance testing and simulation products manufacturer AB Dynamics said on Thursday that it has "performed strongly" during the second half of the year, delivering "significant" organic growth.

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SNB cuts rates by 25 basis points to 1.0%

26th Sep 2024 09:27

(Sharecast News) - The Swiss National Bank cut interest rates on Thursday to 1.0% from 1.25%, in line with expectations.

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Future delivers return to organic growth in H2, reiterates FY guidance

26th Sep 2024 09:23

(Sharecast News) - Publishing business Future said on Thursday that it had delivered a return to organic revenue growth during H2 and reiterated full-year guidance for revenues of £786.0m and adjusted operating profits of £220.0m.

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German consumer confidence improves, but macro outlook worsens

26th Sep 2024 09:11

(Sharecast News) - A survey gauging consumer sentiment in Germany improved more than expected this month, but confidence still remains well below the historic average as declining economic expectations continue to cloud the long-term outlook.

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China pledges to step up economic support amid fears of slowdown

26th Sep 2024 08:59

(Sharecast News) - China's leadership on Thursday pledges to increase support for the local economy, days after the country's central bank big stimulus measures amid nervousness over a slowdown.

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Pantheon Infrastructure NAV rises 6.5pc in first half

26th Sep 2024 08:58

(Sharecast News) - Pantheon Infrastructure reported a 6.5% increase in net asset value (NAV) to £535m for the six months ended 30 June on Thursday, or 113.9p per share.

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Downing Renewables in exclusive talks to sell Gabrielsberget wind farm

26th Sep 2024 08:50

(Sharecast News) - Downing Renewables announced on Thursday that it is in exclusive discussions regarding the sale of its entire interest in the Gabrielsberget wind farm in Sweden.

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Life Science REIT reports positive first-half progress

26th Sep 2024 08:46

(Sharecast News) - Life Science REIT reported a positive first-half performance on Thursday, driven by development progress and a rebound in the occupier market, which supported earnings growth.

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Asia report: Markets pop as Beijing pledges more economic support

26th Sep 2024 08:39

(Sharecast News) - Asia-Pacific markets saw robust gains on Thursday, buoyed by a rally in Chinese stocks following positive signals from Beijing on stimulus measures.

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Videndum lowers full-year forecasts as film and TV productions remain slow

26th Sep 2024 08:39

(Sharecast News) - Videndum, an international provider of premium branded hardware products and software solutions to the content creation market, reported a 7% decline in revenue from continuing operations to £153.3m for its first half on Thursday, down from £165m a year earlier, as it warned that the full year would be below its previous expectations.

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