News Archive

Goodwin reports continued profitability and cash generation

25th Sep 2024 10:54

(Sharecast News) - Goodwin reported continued profitability and robust cash generation in a trading update on Wednesday, driven mainly by increased activity in its mechanical engineering division.

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Co-op swings back into the black despite shoplifting hit

25th Sep 2024 10:43

(Sharecast News) - The Co-operative Group returned to profit at the half year, the member-owned business confirmed on Wednesday, despite a surge in shoplifting.

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OECD raises UK growth forecast for 2024

25th Sep 2024 10:37

(Sharecast News) - The Organisation for Economic Cooperation and Development (OECD) revised its forecast for the UK economy on Wednesday, projecting faster growth than Japan, Italy, and Germany this year.

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US pre-open: Futures mixed following Dow's record close

25th Sep 2024 10:26

(Sharecast News) - Wall Street futures were mixed ahead of the bell on Wednesday following the Dow Jones' record close in the previous session.

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Rentokil jumps as Trian partner takes seat on board

25th Sep 2024 10:19

(Sharecast News) - Rentokil Initial surged on Wednesday after it announced the appointment of a representative of Nelson Peltz's Trian Fund Management to its board as a non-executive director.

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Time Finance delivers strong Q1 results

25th Sep 2024 10:05

(Sharecast News) - Lender Time Finance delivered strong Q1 results on Wednesday, with both revenue and pre-tax profits up double-digit percentages.

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Petards wins contract via Affini subsidiary

25th Sep 2024 09:55

(Sharecast News) - Advanced security and surveillance systems developer Petards has secured a £400,000 order for a critical communication system via its recently acquired Afifini Technology subsidiary.

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US govt files lawsuit against Visa over alleged monopoly in debit card market

25th Sep 2024 09:39

(Sharecast News) - The US Justice Department has started an antitrust lawsuit against Visa, accusing it of running a monopoly in the debit card market.

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SAP shares drop on probe into US federal price fixing

25th Sep 2024 09:36

(Sharecast News) - Shares in SAP were down nearly 4% on Wednesday on reports that the German enterprise software giant, among others, is being investigated for potential price-fixing on government contracts.

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Sweden's Riksbank trims interest rates

25th Sep 2024 09:30

(Sharecast News) - Sweden's central bank trimmed interest rates on Wednesday, in line with expectations, and said it expected to cut further in the coming months.

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Everyman Media delivers 'strong growth' in H1 revenue

25th Sep 2024 09:22

(Sharecast News) - Cinema operator Everyman Media Group said on Tuesday that it had delivered "strong growth" in revenue, underlying earnings and market share during the six months ended 27 June.

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Tortilla Mexican Grill interim losses narrow despite H1 revenue drop

25th Sep 2024 09:10

(Sharecast News) - Casual fast-food restaurant operator Tortilla Mexican Grill said on Wednesday that revenues had fallen in H1, leading to yet another interim loss.

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On the Beach hails record year of bookings

25th Sep 2024 08:56

(Sharecast News) - On the Beach hailed a record year of bookings on Wednesday, underpinned by a strong performance over the summer.

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Asia report: Markets finish mixed in wake of PBoC easing

25th Sep 2024 08:39

(Sharecast News) - Asian markets experienced a mixed day of trading on Wednesday, with Chinese stocks leading gains in the region following Beijing's latest stimulus measures.

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Canaccord Genuity raises target price Kitwave following Creed Catering acquisition

25th Sep 2024 08:01

(Sharecast News) - Analysts at Canaccord Genuity hiked their target price on foodservice wholesaler Kitwave from 455.0p to 495.0p on Wednesday following the group's £70.0m cash acquisition of Creed Catering Supplies.

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