News Archive

FTSE 100 movers: Kingfisher jumps on results; Compass loses its way

17th Sep 2024 14:41

(Sharecast News) - London's FTSE 100 was up 0.3% at 8,299.91 in afternoon trade on Tuesday.

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FTSE 250 movers: Wizz Air takes off; Essentra slumps

17th Sep 2024 14:17

(Sharecast News) - FTSE 250 (MCX) 21,014.09 0.40%

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MediaZest secures £0.5m in new business

17th Sep 2024 13:43

(Sharecast News) - MediaZest announced on Tuesday that it had secured more than £0.5m in new business over the last two months.

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Physiomics secures new contract from existing pharma client

17th Sep 2024 13:38

(Sharecast News) - Physiomics, a specialist in mathematical modelling and data science for drug development and personalised medicine, announced on Tuesday that it has secured a new contract worth £65,000 from an existing large pharmaceutical client.

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Physiomics secures new contract from existing pharma client

17th Sep 2024 13:38

(Sharecast News) - Physiomics, a specialist in mathematical modelling and data science for drug development and personalised medicine, announced on Tuesday that it has secured a new contract worth £65,000 from an existing large pharmaceutical client.

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Director dealings: Oryx International, Elementis disclose director purchases

17th Sep 2024 13:37

(Sharecast News) - Directors and their associates at Oryx International Growth Fund and Elementis have increased their personal investments in their respective companies, according to disclosures released on Tuesday in London.

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Franchise Brands confident after solid first-half sales

17th Sep 2024 13:31

(Sharecast News) - Multi-brand franchise business Franchise Brands announced robust interim results for the six months ended 30 June on Tuesday, with a 42% increase in system sales to £206m, marking a record performance across its key divisions despite anticipated moderation in certain sectors.

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BP Marsh flags strong half-year trading performance

17th Sep 2024 13:26

(Sharecast News) - Financial services investor BP Marsh announced a strong trading performance for the six months ended 31 July in an update on Tuesday.

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Broker tips: Auction Technology, Compass Group, THG

17th Sep 2024 13:14

(Sharecast News) - JPMorgan Cazenove upgraded Auction Technology on Tuesday to 'overweight' from neutral' as it argued the shares are overly discounting earnings risk into 2025.

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Guardian enters formal negotiations to sell Observer to Tortoise Media

17th Sep 2024 13:12

(Sharecast News) - The Guardian's parent company has confirmed speculation that it in discussions with Tortoise Media to sell The Observer, the world's oldest Sunday newspaper.

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Fintel FY EBITDA seen 'marginally lower' due to additional staff costs

17th Sep 2024 12:43

(Sharecast News) - Fintel warned on Tuesday that full-year earnings would likely be "marginally" lower than expected due to additional staff costs in the second half.

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Jefferies cuts targets for THG, but stays upbeat on long-term potential

17th Sep 2024 11:43

(Sharecast News) - Jefferies has cut its target price for ecommerce group THG on the back of weaker-than-expected numbers for its Nutrition business, but said it was encouraged by improving momentum within the division going into the second half.

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US retail sales unexpectedly inch higher

17th Sep 2024 11:39

(Sharecast News) - Retail sales unexpectedly rose in August, though growth was only minor suggesting that consumers remained cautious about spending in light of tough economic conditions.

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Learning Technologies revenue falls, earnings rise in first half

17th Sep 2024 11:25

(Sharecast News) - Digital learning and talent management specialist Learning Technologies Group said in its half-year results on Tuesday that despite a subdued macroeconomic backdrop affecting overall spending on learning and talent development, it recorded healthy profit growth and strong cash generation.

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Revenue rises but losses widen for Comptoir Group

17th Sep 2024 11:14

(Sharecast News) - Comptoir Group, the owner and operator of Lebanese, Middle Eastern, and North African-inspired restaurants, reported a 7.4% increase in group revenue in its interim results on Tuesday, reaching £15.9m, compared to £14.8m in the same period last year.

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