News Archive
Eurozone inflation confirmed at 2.2% in August
18th Sep 2024 10:25
(Sharecast News) - Inflation in the eurozone fell to 2.2% in August from 2.6% a month earlier and confirming a flash estimate two weeks ago, according to official data published by the European Union on Wednesday.
Read moreUK house prices push higher for fifth month in a row
18th Sep 2024 10:10
(Sharecast News) - UK house prices rose for the fifth successive month in July, official data showed on Wednesday, as the market continued to bounce back.
Read moreCiti upgrades Hammerson to 'buy'
18th Sep 2024 10:08
(Sharecast News) - Citi upgraded Hammerson to 'buy' from 'neutral' on Wednesday and lifted the price target to 43p from 26p, saying it was entering a "new positive up cycle".
Read moreStrix reports decent first half but warns of Q3 weakness
18th Sep 2024 10:07
(Sharecast News) - Kettle control and water filtration technology specialist Strix Group reported adjusted revenue of £67.2m for its first half on Wednesday, marking a 3.5% increase at constant exchange rates, though it warned of a weaker third-quarter performance.
Read moreEnd of summer weighs on supermarket sales
18th Sep 2024 10:07
(Sharecast News) - Sales growth across the UK's grocery sector slowed over the last month, industry data showed on Wednesday, as shopping habits returned to normal after the long summer break.
Read moreEU overturns €1.5bn antitrust fine for Google
18th Sep 2024 09:49
(Sharecast News) - The European Union has overturned a five-year-old €1.5bn antitrust fine for Google after a challenge from the American tech giant, the region's second-highest court announced on Wednesday.
Read moreAsia report: Most markets rise ahead of US Fed decision
18th Sep 2024 09:46
(Sharecast News) - Asia-Pacific markets closed mostly higher on Wednesday, with Australia's benchmark extending its multi-day winning streak to reach an all-time high.
Read moreMohsin Issa vacates executive role at Asda
18th Sep 2024 09:46
(Sharecast News) - Supermarket chain Asda announced on Wednesday that co-owner Mohsin Issa was stepping back from his executive leadership role to dedicate more time to his position as the sole chief executive officer of petrol station operator EG Group.
Read moreChristie Group warns on profits amid 'continuing volatility'
18th Sep 2024 09:39
(Sharecast News) - Professional business services firm Christie Group warned on Wednesday that "continuing volatility" meant that its full-year operating performance would now be weaker than originally expected.
Read moreBerenberg hikes target price on Warpaint London
18th Sep 2024 09:36
(Sharecast News) - Analysts at Berenberg hiked their target price on cosmetics group Warpaint London from 580.0p to 680.0p on Wednesday after the company delivered "significant" end-market outperformance and margin expansion in its interim report card.
Read moreMJ Gleeson FY profits slide amid planning setbacks
18th Sep 2024 09:27
(Sharecast News) - Residential construction group MJ Gleeson said on Wednesday that planning setbacks had resulted in a significant profit decline for the year ended 30 June.
Read moreReckitt said to have started talks on £6bn sale of homecare assets
18th Sep 2024 09:22
(Sharecast News) - Reckitt Benckiser has reportedly started early discussions with some of the potential suitors for its homecare assets, which could fetch more than £6bn in a deal.
Read moreCampari head steps down after less than six months in charge
18th Sep 2024 09:01
(Sharecast News) - The chief executive of Italy's Davide Campari-Milano has resigned, it was announced on Wednesday, less than six months after he took up the role.
Read moreLondon open: Stocks edge lower after inflation data, ahead of Fed
18th Sep 2024 08:38
(Sharecast News) - London stocks edged lower in early trade on Wednesday as investors mulled the latest UK inflation reading and looked ahead to a policy announcement from the US Federal Reserve.
Read moreMoonpig backs FY guidance, says trading in line
18th Sep 2024 08:23
(Sharecast News) - Online greeting card and gift retailer Moonpig backed its full-year guidance on Wednesday as it said trading has been in line with expectations.
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