News Archive
Genuit YTD revenues down amid 'subdued' conditions
19th Nov 2024 08:07
(Sharecast News) - Plastic piping manufacturer Genuit said on Tuesday that it has delivered a "resilient performance" year-to-date, despite operating in "subdued market conditions".
Read moreLondon open: Imperial Brands leads gains after results
19th Nov 2024 07:59
(Sharecast News) - London stocks rose in early trade on Tuesday, with Imperial Brands leading the gains after well-received results.
Read moreTullow Oil reaches deal to extend $250m credit facility
19th Nov 2024 07:53
(Sharecast News) - Tullow Oil has reached agreement with its lenders to extend the maturity of its revolving credit facility (RCF) to June 30, 2025, the company said on Tuesday.
Read moreMarshalls targets 15% operating margin under new strategy
19th Nov 2024 07:51
(Sharecast News) - Landscaping and building supplier Marshalls on Tuesday unveiled a new strategy targeting an operating margin of 15% and outperformance the wider construction market by 2 - 4%.
Read moreBodycote sees FY operating profit in line despite 'challenging' end markets
19th Nov 2024 07:42
(Sharecast News) - Bodycote said on Tuesday that full-year operating profit was set to be in line with market expectations as it hailed a "resilient performance in challenging end markets".
Read moreLondon pre-open: Stocks seen up on positive US, Asian cues
19th Nov 2024 07:32
(Sharecast News) - London stocks were set to gain at the open on Tuesday following a positive session in Asia and a mostly higher close on Wall Street.
Read moreTuesday newspaper round-up: Starling Bank, Asos, Morrisons
19th Nov 2024 07:25
(Sharecast News) - Staff have resigned at Starling Bank after its new chief executive demanded thousands of workers attend its offices more regularly, despite lacking enough space to host them. In his first major policy change since taking over from the UK digital bank's founder, Anne Boden, in March, Raman Bhatia has ordered all hybrid staff - many of whom were in the office only one or two days a week, or on an ad-hoc basis - to travel to work for a minimum of 10 days each month. - Guardian
Read moreMulberry to 'streamline operations' as losses widen
19th Nov 2024 07:21
(Sharecast News) - Luxury handbag maker Mulberry said on Tuesday that it was taking steps to "streamline operations" as it reported a 19% drop in first-half revenue and a widening of its losses, pointing to a "difficult" trading environment.
Read moreImperial Brands FY profits rise as new product revenues surge
19th Nov 2024 07:21
(Sharecast News) - Cigarette and maker Imperial Brands on Tuesday posted a 4.5% rise in full-year adjusted operating profit as revenues from new products such as vapes and nicotine pouches surged by more than a quarter.
Read moreGB Group swings to profit after solid first half
19th Nov 2024 07:20
(Sharecast News) - Shares in AIM-listed GB Group rose on Tuesday as the identity fraud and location software firm reiterated its full-year outlook after swinging into the black in the first half.
Read moreVesuvius confident despite weaker market conditions
19th Nov 2024 07:17
(Sharecast News) - Molten metal flow engineering specialist Vesuvius said in a trading update on Tuesday that it anticipated trading profit for the 2024 financial year to be slightly below 2023 levels on a constant currency basis, maintaining a return on sales margin of around 10.2%.
Read moreInforma reaffirms annual guidance
19th Nov 2024 07:03
(Sharecast News) - Events and digital services group Informa on Tuesday reaffirmed its recently upgraded full-year guidance as revenues in the first 10 months of the year grew 10.7% and said strong forward booking were providing momentum into 2025.
Read moreUS close: Stocks mixed ahead of earnings flurry, Tesla lifts Nasdaq
18th Nov 2024 23:32
(Sharecast News) - US stocks finished mixed on Monday ahead of a busy week for corporate earnings, though the Nasdaq managed to push higher, led by gains from Tesla.
Read moreLondon close: Stocks mixed ahead of UK inflation data
18th Nov 2024 16:56
(Sharecast News) - London's financial markets delivered a mixed performance on Monday, as traders digested fresh housing market data and braced for upcoming catalysts, including Nvidia's earnings and the latest UK inflation figures.
Read moreBroker tips: XPS Pensions, John Wood Group
18th Nov 2024 15:50
(Sharecast News) - RBC Capital Markets lifted its price target on XPS Pensions on Monday to 395.0p from 355.0p ahead of first-half results.
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