News Archive
Beazley reports record first-half profit
8th Aug 2024 07:27
(Sharecast News) - Beazley announced a record profit before tax of $728.9m for the first half on Thursday, nearly doubling its $366.4 million profit from the same period last year.
Read moreCRH lifts FY core profit guidance
8th Aug 2024 07:21
(Sharecast News) - Building materials group CRH said on Thursday that it was lifting its full-year guidance as it posted a jump in second-quarter core profits.
Read moreThursday newspaper round-up: Ocado, Boohoo, pensions
8th Aug 2024 07:18
(Sharecast News) - The UK's largest employers have warned the jobs market is cooling amid a slowdown in wage growth in July and a fall in vacancies, extending an almost two-year downturn in hiring demand for permanent staff. Figures from the Recruitment and Employment Confederation (REC) and the accountancy firm KPMG showed a fall in permanent staff placements in July as large employers made more redundancies and hired fewer new starters. - Guardian
Read moreSavills holds guidance as profits jump amid signs of recovery
8th Aug 2024 07:17
(Sharecast News) - Real estate firm Savills held annual guidance as it reported a sharp jump in interim profits amid signs of a global recovery, although major markets were still "subdued".
Read moreDeutsche Telekom upbeat on strong second-quarter
8th Aug 2024 07:14
(Sharecast News) - Deutsche Telekom has reported a strong second quarter on Thursday, continuing its steady growth trajectory.
Read moreAscential buys ad awards owner Effie for undisclosed sum
8th Aug 2024 07:01
(Sharecast News) - Events organiser Ascential said it had signed a deal to buy the commercial assets of advertising awards owner Effie for an undisclosed sum.
Read moreEurope close: Stocks rise but some analysts remain cautious
7th Aug 2024 19:37
(Sharecast News) - European shares advanced on Wednesday as investors played catch up with the bounce on Wall Street.
Read moreCVS Health lowers guidance after mixed second quarter
7th Aug 2024 16:59
(Sharecast News) - CVS Health Corporation revealed a mixed second-quarter performance on Wednesday, as well as a downward revision to its full-year earnings guidance due to continued pressure in its health care benefits segment.
Read moreDisney's theme parks drag on third quarter results
7th Aug 2024 16:48
(Sharecast News) - Walt Disney reported a mixed third-quarter performance on Wednesday, driven by significant growth in its streaming business, offset by challenges in its theme park operations.
Read moreLondon close: Stocks finish higher amid global recovery
7th Aug 2024 16:34
(Sharecast News) - London's stock markets closed higher on Wednesday, buoyed by positive global sentiment following remarks from the Bank of Japan.
Read moreBroker tips: Frontier Developments, Spirent Communications
7th Aug 2024 15:20
(Sharecast News) - Analysts at Berenberg upgraded video games business Frontier Developments from 'hold' to 'buy' on Wednesday and hiked their target price on the stock from 300.0p to 330.0p, stating the group's pipeline had now de-risked the equity story.
Read moreCanaccord Genuity moves Spirent Communications to 'speculative buy'
7th Aug 2024 15:18
(Sharecast News) - Over at Canaccord Genuity, analysts upgraded telecommunications testing company Spirent Communications from 'hold' to 'speculative buy' on Wednesday following the group's H1 trading update a day earlier.
Read moreBritish Land to vote against Cineworld restructuring - report
7th Aug 2024 15:12
(Sharecast News) - British Land is reportedly considering voting against a restructuring of Cineworld's British operations that could lead to the closure of dozens of sites.
Read moreDirector dealings: Keywords Studios chairman ups stake
7th Aug 2024 15:10
(Sharecast News) - Keywords Studios said on Wednesday that chairman Don Robert had acquired 2,300 ordinary shares in the London-listed video games business.
Read moreUS mortgage applications surge 6.9%
7th Aug 2024 15:04
(Sharecast News) - US mortgage applications surged by 6.9% in the week ended 2 August, according to the Mortgage Bankers Association, the sharpest increase in almost two months, erasing the prior two week's declines.
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