News Archive
Expanded Property Franchise Group sees revenues surge
7th Aug 2024 11:19
(Sharecast News) - Multi-brand property franchisor the Property Franchise Group announced a surge in revenue for the first half on Wednesday , following its merger with Belvoir Group and the acquisition of GPEA.
Read moreLondon midday: Stocks extend gains as BoJ calms investors
7th Aug 2024 10:58
(Sharecast News) - London stocks had extended gains by midday on Wednesday as comments from Bank of Japan governor Shinichi Uchida calmed investors.
Read moreSoftBank unveils share buyback as losses narrow
7th Aug 2024 10:42
(Sharecast News) - Technology investing giant SoftBank Group reported a significant reduction in losses for its fiscal first quarter on Wednesday, alongside a bold plan to repurchase up to $3.4bn worth of its shares.
Read moreBerenberg upgrades Frontier Developments to 'buy'
7th Aug 2024 10:32
(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 moreAsia report: Most markets rise as global rebound continues
7th Aug 2024 10:12
(Sharecast News) - Asia-Pacific markets extended their rally on Wednesday, buoyed by Wall Street's recovery after a three-day losing streak.
Read moreChinese trade surplus shrinks as imports surge
7th Aug 2024 10:06
(Sharecast News) - China's trade surplus shrank significantly in July, according to government figures released on Wednesday, as export growth eased and imports surged.
Read morePuma narrows full-year profit guidance, shares tank
7th Aug 2024 10:05
(Sharecast News) - Puma tanked on Wednesday as the sportswear maker narrowed its full-year core profit forecast, noting that macroeconomic and geopolitical challenges were weighing on consumer sentiment.
Read moreMaersk upgrades guidance after strong second quarter
7th Aug 2024 10:00
(Sharecast News) - Maersk reported a significant improvement in its second-quarter financial performance on Wednesday, driven by strong volume growth across all of its business segments.
Read moreVodafone launches €500m share buyback
7th Aug 2024 09:25
(Sharecast News) - Vodafone has announced a share buyback programme of up €500m (£430m) to start on Wednesday and end no later than 29 November.
Read moreCommerzbank plans big share buyback despite profit dip
7th Aug 2024 09:18
(Sharecast News) - Commerzbank, Germany's second-largest listed bank, announced a 4.8% decline in second-quarter net profit on Wednesday, reporting earnings of €538m compared to €565m in the same period last year.
Read moreHiscox H1 profits rise despite 'more active loss environment'
7th Aug 2024 09:15
(Sharecast News) - Lloyd's of London insurer Hiscox posted a rise in first-half pre-tax profit on Wednesday despite a "more active loss environment".
Read moreNovo Nordisk lifts sales outlook but Q2 profits miss the mark
7th Aug 2024 09:06
(Sharecast News) - Shares in Novo Nordisk slumped in Copenhagen on Wednesday after the Danish pharma group missed forecasts with its second-quarter profits and cut its earnings guidance for the full year.
Read moreTritax Big Box H1 profits grow, hikes interim dividend
7th Aug 2024 09:02
(Sharecast News) - Real estate investment trust Tritax Big Box said on Wednesday that profits had grown in the six months ended 30 June, leading to a slight year-on-year hike in the group's interim dividend.
Read moreTP ICAP reports first-half growth, launches third share buyback
7th Aug 2024 08:48
(Sharecast News) - TP ICAP reported steady growth across key metrics in its first-half results on Wednesday, as it launched its third share buyback programme valued at £30m.
Read more4Imprint H1 profits grow despite 'challenging market conditions'
7th Aug 2024 08:45
(Sharecast News) - Promotional products marketing group 4imprint said on Wednesday that both revenue and profits had grown in the six months ended 29 June as the group took share in "challenging market conditions".
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