News Archive
Bakkavor posts strong first-half growth, CFO steps down
5th Sep 2024 09:29
(Sharecast News) - Fresh prepared food provider Bakkavor Group announced a strong set of first-half results on Thursday, highlighting revenue growth, improved margins, and debt reduction.
Read moreOfcom's Royal Mail review could see Saturday Second Class letters scrapped
5th Sep 2024 09:10
(Sharecast News) - Communications watchdog Ofcom said on Thursday that it will assess whether certain changes to Royal Mail's Second Class letter delivery would meet postal users' needs, ahead of consulting on proposals in early 2025.
Read moreWAG Payment Solutions upbeat despite profit slide
5th Sep 2024 09:06
(Sharecast News) - WAG Payment Solutions insisted trading remained on track on Thursday, despite a sharp fall in half-year profits.
Read moreBerenberg slightly raises target price on Coats Group
5th Sep 2024 08:49
(Sharecast News) - Analysts at Berenberg raised their target price on thread and structural components' manufacturer Coats Group from 120.0p to 135.0p on Thursday after the group announced that its UK pension scheme was now fully de-risked, a long-awaited catalyst for the stock.
Read moreLondon open: Stocks flat as investors eye ADP
5th Sep 2024 08:36
(Sharecast News) - London stocks were steady in early trade on Thursday following mostly weaker US and Asian sessions, as investors eyed the release of US jobs data.
Read moreEurozone construction new orders fall 'markedly' - PMI survey
5th Sep 2024 08:35
(Sharecast News) - Construction activity in the eurozone remained in the doldrums during August with a sharp fall in new orders and rising prices causing concern as employers laid off staff, according to a survey published on Thursday.
Read moreCurrys takes nearly 50% share of UK laptop market, sales rise
5th Sep 2024 08:31
(Sharecast News) - Currys posted a jump in sales on Thursday as the electricals retailer took a nearly 50% share of the UK laptop market.
Read moreGerman factory orders rise as large-scale orders grow
5th Sep 2024 08:30
(Sharecast News) - German factory orders rose by 2.9% month-on-month in July, according to the Federal Statistical Office, beating market calls for a 1.5% drop and following June's upwardly revised 4.6% gain.
Read moreEurope open: Markets mixed as investors digest EZ PMI data, eye US payrolls
5th Sep 2024 08:20
(Sharecast News) - European shares were mixed on Thursday, as investors digested weak eurozone construction survey data and looked ahead to US non-farm payroll figures.
Read moreSafestore Q3 revenues flat, reiterates FY guidance
5th Sep 2024 08:02
(Sharecast News) - Self-storage business Safestore reiterated its full-year earnings guidance on Thursday as it reported flat Q3 revenues.
Read moreUK construction sector 'turns corner' - PMI
5th Sep 2024 07:59
(Sharecast News) - The UK construction sector's recovery continued in August, a closely-watched survey showed on Thursday, although the rate of expansion eased.
Read moreAshmore reports full-year profit growth despite AuM challenges
5th Sep 2024 07:48
(Sharecast News) - Emerging markets-focussed asset manager Ashmore Group reported a relatively positive set of final results on Thursday, despite some challenges in assets under management (AuM).
Read moreSpectris buys Austria's Piezocryst for €133.5m
5th Sep 2024 07:48
(Sharecast News) - Spectris said on Thursday that it has bought Austria's Piezocryst from AVL for €133.5m (£112.2m).
Read moreAsos offloads Topshop, Topman in JV with Heartland; Sees earnings at upper end
5th Sep 2024 07:47
(Sharecast News) - Shares in Asos surged by a fifth on Thursday as the troubled online fashion retailer said it was offloading 75% of the Topshop group as part of a joint venture deal with major shareholder, the Danish fashion billionaire Anders Holch Povlsen.
Read moreLondon pre-open: Stocks seen lower ahead of ADP report
5th Sep 2024 07:36
(Sharecast News) - London stocks were set to fall at the open on Thursday following mostly weaker US and Asian sessions.
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