News Archive

FTSE 250 movers: TI Fluid surges; Helios Towers slides

8th Aug 2024 14:09

(Sharecast News) - FTSE 250 (MCX) 20,366.09 -1.02%

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FTSE 100 movers: Beazley surges on results; Spirax slumps

8th Aug 2024 14:07

(Sharecast News) - London's FTSE 100 was down 0.3% at 8,142.82 in afternoon trade on Thursday.

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Howard Hughes Holdings confirms potential offer from Pershing Square

8th Aug 2024 13:38

(Sharecast News) - Real estate firm Howard Hughes Holdings said on Thursday that it had received a potential takeover offer from billionaire Bill Ackman's Pershing Square Capital Management.

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PetroTal reports solid quarterly progress

8th Aug 2024 13:10

(Sharecast News) - Peru-focussed oil producer PetroTal reported strong second-quarter financial and operational results on Thursday, reflecting robust production, significant cash flow generation, and ongoing strategic growth.

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Burford Capital reports 'strong' Q2

8th Aug 2024 13:02

(Sharecast News) - Burford Capital posted a sharp rise in second quarter revenues with the firm's management describing its performance as "strong".

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Warner Bros Discovery stock hits record low

8th Aug 2024 12:59

(Sharecast News) - Shares in Warner Bros. Discovery tanked in New York on Thursday after the entertainment company missed estimates with its second-quarter results and booked a $9.1bn impairment charge from its Networks division.

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Seeing Machines flags strong fourth quarter

8th Aug 2024 12:56

(Sharecast News) - Driver monitoring technology company Seeing Machines announced significant growth in its key performance indicators for the fourth quarter on Thursday.

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Hostelworld swings to first-half operating profit

8th Aug 2024 12:43

(Sharecast News) - Accommodation booking platform Hostelworld reported a robust first-half performance on Thursday, driven by record bookings in Asia and Central America and the continued success of its social network strategy.

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Oxford Biomedica still expecting small loss after solid first half

8th Aug 2024 12:38

(Sharecast News) - Cell and gene therapy contract development and manufacturing organisation Oxford Biomedica reported a strong first-half trading performance in an update on Thursday, with revenue expected to reach £50m.

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Impact Healthcare upbeat on first-half performance

8th Aug 2024 12:32

(Sharecast News) - Impact Healthcare REIT reported a robust set of first-half results on Thursday, reflecting solid growth in its UK healthcare real estate portfolio, particularly care homes.

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US initial jobless claims fall by 17,000

8th Aug 2024 12:30

(Sharecast News) - Americans lined up for unemployment benefits at a decelerated pace in the week ended 3 August, according to the Labor Department.

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Europe midday: Shares stay in red, but earnings hold losses in check

8th Aug 2024 11:57

(Sharecast News) - European shares were in retreat again on Thursday as the previous session's rally fizzled out amid another dump of corporate earnings.

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Siemens Q3 profits jump as electrification demand rises

8th Aug 2024 11:18

(Sharecast News) - German industrial technology conglomerate Siemens held on to full-year guidance on Thursday after posting a big jump in third-quarter profits.

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London midday: FTSE stays down amid US recession fears; Beazley surges

8th Aug 2024 11:05

(Sharecast News) - London stocks were still sharply lower by midday on Thursday as worries about a US recession dented sentiment and as investors waded through a barrage of corporate releases.

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Custodian Property reports strong leasing activity

8th Aug 2024 11:04

(Sharecast News) - Custodian Property Income REIT reported strong leasing activity for the June quarter on Thursday, underpinning its fully covered dividend and supporting a yield of about 7.7%.

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