News Archive

Babcock holds guidance as underlying profits rise

19th Sep 2024 07:24

(Sharecast News) - UK defence company Babcock held annual guidance as underlying profit rose in the first five months of the financial year.

Judges Scientific earnings fall in challenging first half

19th Sep 2024 07:19

(Sharecast News) - Judges Scientific, a specialist in acquiring and developing scientific instrument companies, reported a decline in first-half profits on Thursday amid subdued trading conditions and challenging market environments, while it bolstered its shareholder return with a 10% increase in its interim dividend.

Ocado lifts full-year guidance as Q3 revenues jump

19th Sep 2024 07:14

(Sharecast News) - Online grocer and logistics group Ocado has upgraded its revenue guidance for its retail division following a strong third-quarter performance which saw revenues jump as both customer numbers and the number of orders rose.

Next lifts profit guidance again as sales soar

19th Sep 2024 07:04

(Sharecast News) - UK clothing retailer Next once again upgraded annual earnings guidance, with full year profits now expected to hit almost £1bn as recent full price sales "materially exceeded" forecasts.

US close: Stocks fall, markets choppy as Fed slashes interest rates by 50bp

18th Sep 2024 22:00

(Sharecast News) - US stock markets finished a memorable day in the red on Wednesday as the Federal Reserve made its biggest cut to interest rates in 16 years.

NewRiver REIT agrees terms for possible purchase of Capital & Regional

18th Sep 2024 21:22

(Sharecast News) - NewRiver REIT reached a potential agreement to acquire Capital & Regional in a cash and share transaction.

Sector movers: Precious metals miners dip ahead of Fed decision

18th Sep 2024 20:55

(Sharecast News) - Stocks fell in the middle of the week with investors opting to sit on their hands ahead of the US central bank's interest rate decision scheduled for later.

Federal Reserve cuts rates by 50bp Bowman dissents

18th Sep 2024 20:03

(Sharecast News) - The US central bank surprised markets with a half percentage point interest rate cut.

Europe close: Investors trim positions ahead of pivotal Fed decision

18th Sep 2024 15:48

(Sharecast News) - European stocks pulled back on Wednesday as investors scaled back their positions with just hours to go before the Federal Reserve's policy decision, which is set to see the US central bank cut interest rates for the first time in four and a half years.