News Archive
Europe open: Shares lower ahead of Fed decision
18th Sep 2024 08:15
(Sharecast News) - European shares opened lower on Wednesday as all attention was on the US Federal Reserve's expected rate cut later in the day.
Read moreInterim profits spark at M&C Saatchi
18th Sep 2024 08:10
(Sharecast News) - M&C Saatchi posted a jump in first-half profits on Wednesday, boosted by an uptick in client spending, leaving it on course to meet full-year guidance.
Read moreSmiths News inks long-term contract renewal with Financial Times
18th Sep 2024 08:04
(Sharecast News) - Newspaper distributor Smiths News has inked a long-term contract renewal with the Financial Times.
Read moreSupermarket Income REIT gives upbeat outlook as full-year profits rise
18th Sep 2024 07:43
(Sharecast News) - Grocery store investor Supermarket Income REIT hailed a resilient performance during its most recent financial year, growing rental income and profits despite ongoing macro challenges, as it delivered an optimistic outlook for the year ahead.
Read moreLondon pre-open: Stocks seen down after inflation data, ahead of Fed
18th Sep 2024 07:36
(Sharecast News) - London stocks were set to fall at the open on Wednesday as investors mulled the latest UK inflation reading and looked ahead to a policy announcement from the US Federal Reserve.
Read moreSemiconductor 'pioneer' Sehat Sutardja dies, says Alphawave
18th Sep 2024 07:35
(Sharecast News) - Alphawave IP Group said executive director Sehat Sutardja, which it described as "one of the pioneers" of the modern semiconductor industry, had died.
Read moreUS close: Stocks mixed as investors turn to Fed decision
18th Sep 2024 07:33
(Sharecast News) - Wall Street saw mixed results on Tuesday as investors awaited the Federal Reserve's decision on interest rates, due on Wednesday.
Read moreAstraZeneca's inflammatory disease drug Fasenra approved in the US
18th Sep 2024 07:29
(Sharecast News) - AstraZeneca has received the green light for its Fasenra drug in the US, used to treat patients with a rare inflammatory disease.
Read moreRBC Capital starts Marshalls at 'sector perform'
18th Sep 2024 07:26
(Sharecast News) - RBC Capital Markets initiated coverage of Marshalls on Wednesday with a 'sector perform' rating and 370p price target.
Read moreWednesday newspaper round-up: Stellantis, ITV, Philip Morris
18th Sep 2024 07:25
(Sharecast News) - Employers who force staff to return to the office five days a week have been called the "dinosaurs of our age" by one of the world's leading experts who coined the term "presenteeism". Sir Cary Cooper, a professor of organisational psychology and health at the University of Manchester's Alliance Manchester Business School, said employers imposing strict requirements on staff to be in the office risked driving away talented workers, damaging the wellbeing of employees and undermining their financial performance. - Guardian
Read moreGames Workshop says trading in line
18th Sep 2024 07:21
(Sharecast News) - In one of the shortest trading statements ever, Warhammer maker Games Workshop on Wednesday said trading for the three months to September 1 had been in line with expectations.
Read morePZ Cussons reports drop in full-year revenue, profit
18th Sep 2024 07:18
(Sharecast News) - Consumer goods company PZ Cussons reported a 10.6% drop in full-year revenue to £527.9m on Wednesday, primarily due to the significant devaluation of the Nigerian naira against sterling.
Read moreXaar swings to loss in challenging first half
18th Sep 2024 07:18
(Sharecast News) - Inkjet technology specialist Xaar reported interim revenue of £28.6m on Wednesday, down from £34.5m in the same period last year.
Read moreInflation unchanged at 2.2% ahead of BoE rate announcement
18th Sep 2024 07:16
(Sharecast News) - UK inflation was unchanged in August, according to figures released on Wednesday by the Office for National Statistics, remaining above the Bank of England's target.
Read moreSegro prices €500m bond issue
18th Sep 2024 07:15
(Sharecast News) - Segro said it had priced €500m of senior unsecured bond issue for an eight-year term at 123 basis points above euro mid-swaps with an annual coupon of 3.5%.
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