News Archive
Citi cuts Fever-Tree price target, keeps 'neutral' rating
9th Aug 2024 09:58
(Sharecast News) - Citi cut its price target on Fever-Tree on Friday to 950p from 1,115p citing slight model changes and an adjustment to its price-to-earnings valuation method.
Read moreBerenberg slashes target price on Spirax Group
9th Aug 2024 09:46
(Sharecast News) - Analysts at Berenberg slashed their target price on engineering firm Spirax Group from 9,800.0p to 8,150.0p on Friday following the group's "slightly underwhelming" set of interim results.
Read moreThe Renewables Infrastructure Group net asset value falls in H1
9th Aug 2024 09:18
(Sharecast News) - Investment trust The Renewables Infrastructure Group said on Friday that its net asset value had fallen in the six months ended 30 June as lower prices and soft energy generation impacted its overall performance.
Read moreAsia report: Most markets finish turbulent week higher
9th Aug 2024 08:47
(Sharecast News) - Asia-Pacific markets closed higher on Friday, following a rebound on Wall Street that lifted investor sentiment after a week of volatility.
Read moreEurope open: Stoxx rebounds on Wall St, US data
9th Aug 2024 08:06
(Sharecast News) - European shares opened higher on Friday at the end of a volatile week after a positive session on Wall Street overnight, as better-than-expected jobless claims eased worries about the US economy that sparked a selloff on Monday.
Read moreLondon open: Stocks gain as US jobless claims allay fears
9th Aug 2024 07:51
(Sharecast News) - London stocks gained in early trade on Friday following a positive session on Wall Street, as stronger-than-expected jobless claims numbers eased concerns about the US economy.
Read moreChina CPI ticks up more than expected in July
9th Aug 2024 07:48
(Sharecast News) - Consumer price inflation accelerated more than expected in July, according to figures released on Friday by the National Bureau of Statistics.
Read moreGerman inflation confirmed at 2.6% in July
9th Aug 2024 07:47
(Sharecast News) - German inflation rose to 2.6% in July, according to official data published on Friday, confirming flash data.
Read moreTBC Bank upbeat on solid first-half results
9th Aug 2024 07:38
(Sharecast News) - Georgia-based TBC Bank reported robust second-quarter and first-half results on Friday, with significant year-on-year growth in profits and returns on equity (ROE).
Read moreLondon pre-open: Stocks to gain on positive US cues
9th Aug 2024 07:27
(Sharecast News) - London stocks were set to gain at the open on Friday following a positive session on Wall Street, as better-than-expected jobless claims eased concerns about the US economy.
Read moreFriday newspaper round-up: Drax, X, Lord Saatchi
9th Aug 2024 07:21
(Sharecast News) - The Drax power station was responsible for four times more carbon emissions than the UK's last remaining coal-fired plant last year, despite taking more than £0.5bn in clean-energy subsidies in 2023, according to a report. The North Yorkshire power plant, which burns wood pellets imported from North America to generate electricity, was revealed as Britain's single largest carbon emitter in 2023 by a report from the climate thinktank Ember. - Guardian
Read moreHargreaves Lansdown to be acquired for 1,140p in cash
9th Aug 2024 07:17
(Sharecast News) - Hargreaves Lansdown posted record assets under administration and a big increase in net new business for the full-year.
Read moreCanaccord Genuity downgrades Future, says risk/reward 'mismatched'
9th Aug 2024 07:14
(Sharecast News) - Canaccord Genuity downgraded Future on Friday to 'sell' from 'hold' following a strong share price increase of around 100% from the lows.
Read moreRevolution Bars secures 'long-term future' following High Court approval
9th Aug 2024 07:13
(Sharecast News) - Bar chain Revolution Bars said on Friday that its "long-term future" had been secured after its restructuring plans received approval from London's High Court.
Read moreBellway sees return to growth in 2025 if market stabilises
9th Aug 2024 07:01
(Sharecast News) - UK house builder Bellway on Friday said it expected to return to growth in fiscal 2025 if market conditions remain stable, as the recent cut in interest rates and higher wages helped to fuel demand.
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