News Archive
Profits at video game maker Team17 rise despite challenging new release market
17th Sep 2024 09:51
(Sharecast News) - British video game developer Team17 reported double-digit growth in the firs half, helped by the launch of new games, while profits rose by nearly a quarter.
Read moreMicrosoft announces $60bn buyback, hikes dividend
17th Sep 2024 09:38
(Sharecast News) - Microsoft announced the launch of a share buyback of up to $60bn late on Monday, as it hiked its quarterly dividend.
Read moreW7 owner Warpaint hails another record first half
17th Sep 2024 09:11
(Sharecast News) - Cosmetics company Warpaint posted a jump in first-half sales and profit on Tuesday, with a record level of sales delivered at a significantly higher margin.
Read moreUrban Logistics refinances £151m facility, acquires four assets
17th Sep 2024 08:40
(Sharecast News) - Urban Logistics REIT announced the successful refinancing of its £151m debt facility on Tuesday.
Read moreEurope open: Shares rise on rate cut hopes; Barry Callebaut soars
17th Sep 2024 08:12
(Sharecast News) - European shares made a strong start on Tuesday, with investors still eyeing the US Federal Reserve for a rate cut this week.
Read moreOvo ordered to pay £2.4m for customer complaint failings
17th Sep 2024 08:11
(Sharecast News) - UK energy supplier Ovo has been ordered to pay £2.4m in compensation to customers and a government redress fund due to failures customer complaints handling.
Read moreLondon open: Stocks rally ahead of Fed meeting; Kingfisher surges
17th Sep 2024 08:02
(Sharecast News) - London stocks rallied in early trade on Tuesday following a flat close in the previous session, as investors eyed the start of the Federal Reserve's two-day policy meeting and an expected rate cut.
Read moreEssentra FY profit to miss market expectations
17th Sep 2024 08:00
(Sharecast News) - Essentra warned on Tuesday that full-year adjusted operating profit would be below market expectations, pinning the blame partly on softer market conditions in Europe in August and into September.
Read moreTHG announces plans to demerge Ingenuity arm as H1 results underwhelm
17th Sep 2024 07:59
(Sharecast News) - Ecommerce group THG announced plans on Tuesday to break up its business, demerging its tech platform Ingenuity into a separate entity and transfer its listing so the remaining company can be included in FTSE benchmarks.
Read moreIP Group NAV falls but sees investor appetite for portfolio
17th Sep 2024 07:51
(Sharecast News) - Life sciences investor IP Group reported a wider half-year loss and lower net asset value against what it called a "challenging" economic backdrop but said there were signs that conditions were improving with increase "appetite" for its portfolio.
Read morePlaytech to sell Italian business to Flutter for €2.3bn
17th Sep 2024 07:47
(Sharecast News) - Gambling technology firm Playtech said on Tuesday that it has agreed to sell its Italian business, Snaitech, to Paddy Power owner Flutter Entertainment for €2.3bn in cash.
Read morePetershill Partners unveils special divi as first-half profits rise
17th Sep 2024 07:31
(Sharecast News) - Private equity group Petershill Partners has reiterated its guidance for 2024 after a solid first half, with double-digit growth in partner fee-related earnings and assets under management, as it announced a special dividend following a recent disposal.
Read moreLondon pre-open: Stocks to rally ahead of Fed meeting
17th Sep 2024 07:30
(Sharecast News) - London stocks were set to jump at the open on Tuesday following a flat close in the previous session, as investors eyed the start of the Federal Reserve's two-day policy meeting.
Read moreRBC Capital downgrades Compass to 'sector perform'
17th Sep 2024 07:27
(Sharecast News) - RBC Capital Markets downgraded Compass Group on Tuesday to 'sector perform' from 'outperform' as shares are now trading ahead of its unchanged price target of 2,400p.
Read moreBAT makes leadership changes as part of 'tobacco harm reduction' focus
17th Sep 2024 07:24
(Sharecast News) - British American Tobacco (BAT) announced a number of leadership changes on Tuesday, aimed at accelerating its strategy to build a smokeless future and enhance sustainability.
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