News Archive
Keywords Studios reports profitability challenges ahead of acquisition
16th Sep 2024 08:41
(Sharecast News) - Keywords Studios, a provider of creative and technology services to the global video game and entertainment industries, reported a modest increase in first-half revenue in its interim results on Monday, but faced challenges with profitability.
Read moreRBC Capital lifts Marks & Spencer target price
16th Sep 2024 08:26
(Sharecast News) - RBC Capital Markets lifted its price target on Marks & Spencer on Monday to 400p from 350p as it raised estimates on the 'outperform' rated stock, pointing to sales momentum and the recent re-rating of the UK food retail sector.
Read moreEurope open: Shares lower as all eyes on Fed rate call; Rexel surges
16th Sep 2024 08:17
(Sharecast News) - European shares opened lower on Monday as investors waited on a key interest rate decision from the US Federal Reserve this week.
Read moreLondon open: Stocks nudge lower as investors eye rate announcements
16th Sep 2024 08:02
(Sharecast News) - London stocks nudged lower in early trade on Monday ahead of a busy week that includes rate announcements from the Bank of England, the US Federal Reserve and the Bank of Japan.
Read moreUK manufacturing conditions mixed in Q3, but outlook improves
16th Sep 2024 07:57
(Sharecast News) - UK manufacturers experienced a mixed start to the second half of 2024, with domestic orders weakening but exports performing well, according to the quarterly Make UK/BDO Manufacturing Outlook survey released on Monday.
Read morePlaytech sees adjusted FY earnings slightly ahead of expectations
16th Sep 2024 07:57
(Sharecast News) - Shares in Playtech rose sharply on Monday after the UK gambling technology maker said it had struck a revised deal with Mexican gambling operator Caliente Interactive over their Caliplay joint venture and said annual adjusted earnings would be slightly ahead of expectations, driven by its business-to-business (B2B) division.
Read moreJTC buys Citi Trust for $80m
16th Sep 2024 07:53
(Sharecast News) - Professional services provider JTC said on Monday that it has bought Citi Trust - the global fiduciary and trust administration services business - from Citigroup for $80m.
Read moreWatchstone Group narrows first-half losses
16th Sep 2024 07:39
(Sharecast News) - Watchstone Group announced its results for the six months ended 30 June on Monday, reporting a substantial reduction in operating losses compared to the same period last year.
Read moreHgCapital's top investments drive NAV growth in first half
16th Sep 2024 07:33
(Sharecast News) - HgCapital Trust, the FTSE 250-listed investor in European and transatlantic software and services businesses, reported a 6.4% increase net asset value (NAV) in the first half, with double-digit revenue and profit growth achieved across its top 20 investments.
Read moreLondon pre-open: Stocks to nudge up ahead of busy week for central banks
16th Sep 2024 07:30
(Sharecast News) - London stocks were set to nudge up at the open on Monday as investors eyed rate announcements this week by the Bank of England and the US Federal Reserve.
Read moreMonday newspaper round-up: Airport expansion, workplace pensions, ITV
16th Sep 2024 07:21
(Sharecast News) - The younger, tormented minister mulling his position before the Labour government granted Heathrow's third runway in 2009 might have been greatly relieved to know that, 15 years later, not a shovel would have touched the ground. But now, returning to power with a revamped energy and climate brief, Ed Miliband again finds himself in a cabinet which, many in aviation hope, may usher in bigger airports and more flights - as well as enough CO2 emissions to outweigh any new solar farms. - Guardian
Read moreClose Brothers CEO Sainsbury takes temporary medical leave
16th Sep 2024 07:16
(Sharecast News) - Close Brothers said on Monday that chief executive Adrian Sainsbury has taken a temporary medical leave of absence from the business.
Read moreOctopus Renewables reports 2pc first half NAV return
16th Sep 2024 07:16
(Sharecast News) - Octopus Renewables Infrastructure Trust reported a net asset value total return of 2% for the first half on Monday, an improvement from 0.9% in the same period last year.
Read moreUK housing market sees bumper start to autumn - Rightmove
16th Sep 2024 07:14
(Sharecast News) - The UK housing market strengthened in September, industry research showed on Monday, as prices ticked higher and the number of agreed sales jumped.
Read morePhoenix pulls SunLife sale as first-half profits rise 15%
16th Sep 2024 07:09
(Sharecast News) - Pensions, savings and life insurance provider Phoenix reported a 15% increase in adjusted operating profits in the first half and reiterated its medium-term targets for earnings and cash generation.
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