News Archive
EU court rules in UK's favour over alleged illegal tax breaks
19th Sep 2024 11:23
(Sharecast News) - The European Union has overturned a court ruling against the UK relating to alleged tax breaks for multinational companies, it was confirmed on Thursday.
Read moreUS pre-open: Futures sharply higher following Fed's big rate cute
19th Sep 2024 11:09
(Sharecast News) - Wall Street futures were firmly in the green ahead of the bell on Thursday as traders celebrated the Federal Reserve's decision to slash interest rates by half a percentage point.
Read moreTrakm8 insurance revenues remain 'depressed'
19th Sep 2024 10:54
(Sharecast News) - Telematics business Trakm8 warned on Thursday that improvements in its insurance business had taken "longer than originally anticipated" but noted fleet and optimisation revenues were slightly better than expected.
Read moreProspex Energy reports reduced first-half loss
19th Sep 2024 10:52
(Sharecast News) - Prospex Energy reported a significantly reduced loss in its interim results on Thursday, announcing that it has fully repaid all outstanding debt, positioning itself for future growth and development.
Read moreAshtead to implement new remuneration policy
19th Sep 2024 10:46
(Sharecast News) - Equipment rental specialist Ashtead Group said it would implement its remuneration policy, after failing to receive further feedback during a shareholder consultation.
Read moreEurope midday: Shares hold gains as BoE holds rates steady
19th Sep 2024 10:40
(Sharecast News) - European stocks held gains on Thursday after the US Federal Reserve's hefty 50 basis point rate cut overnight and the Bank of England decided to sit tight.
Read moreSosandar launches in Arnotts, opens own stores
19th Sep 2024 10:38
(Sharecast News) - Women's brand Sosandar announced a fresh retail expansion on Thursday, including an in-store launch at Ireland's largest department store Arnotts, and the opening of its first two standalone stores in the UK.
Read moreLondon midday: Stocks stay up as BoE stands pat; Fed cut provides a boost
19th Sep 2024 10:36
(Sharecast News) - London stocks were still firmly in the black just after midday on Thursday after the Bank of England left rates unchanged, as widely expected.
Read moreEU auto industry calls for 'urgent relief measures' as electric car sales plummet
19th Sep 2024 09:55
(Sharecast News) - European automakers have called on governments for "urgent relief measures" before new emissions targets for cars and vans come into effect next year, as sales of battery-electric vehicles (BEVs) across the region continue to fall.
Read moreNorway's central bank holds interest rates steady
19th Sep 2024 09:50
(Sharecast News) - Norway's central bank kept interest rates unchanged at a 16-year high of 4.5% on Thursday but said it intends to launch a rate cutting programme during the first quarter of 2025.
Read moreUK consumer confidence tumbles - GfK
19th Sep 2024 09:43
(Sharecast News) - UK consumer confidence fell sharply in September, a long-running survey showed on Friday, despite the more stable economic backdrop, as people nervously wait on next month's Budget.
Read moreAsia report: Markets buoyed by outsized Fed rate cut
19th Sep 2024 09:42
(Sharecast News) - Asia-Pacific markets saw notable gains on Thursday as investors responded to the US Federal Reserve's decision to cut interest rates by an outsized half-percentage point overnight.
Read moreBroker tips: Ashtead, JTC
19th Sep 2024 09:36
(Sharecast News) - Analysts at Berenberg initiated coverage on industrial and speciality equipment rental group Ashtead with a 'buy' rating and 7,000.0p target price on Thursday, calling it the highest-quality company in the rentals sector.
Read moreS4 Capital maintains profit targets after tough first half
19th Sep 2024 09:34
(Sharecast News) - S4 Capital maintained its full-year profit targets in its interim results on Thursday, despite a significant drop in net revenue, as it warned of a bigger-than-expected fall in full year net revenue.
Read moreRBC Capital lifts price target on JTC after Citi Trust deal
19th Sep 2024 09:26
(Sharecast News) - RBC Capital Markets lifted its price target on JTC on Thursday as it updated its forecasts for the first-half results, forex and the Citi Trust acquisition, assuming it completes at the end of H125.
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