News Archive

Airea reports decline in sales amid challenging market

6th Aug 2024 13:31

(Sharecast News) - Specialist flooring company Airea reported a 5.6% year-on-year decline in sales for the first half on Tuesday, reflecting a challenging market environment.

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Uber beats expectations with strong second-quarter growth

6th Aug 2024 13:11

(Sharecast News) - Ride-hailing and delivery giant Uber Technologies reported a strong set of second-quarter results on Tuesday, surpassing Wall Street expectations and showing significant year-over-year growth across its key business segments.

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Apax Global Alpha updates NAV, announces Thoughtworks privatisation

6th Aug 2024 13:03

(Sharecast News) - Apax Global Alpha (AGA), a London-listed investment company providing access to Apax private equity funds, updated the market on its portfolio on Tuesday, announcing the privatisation of Thoughtworks and its estimated adjusted net asset value as of the end of June.

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Petra Diamonds postpones first tender of new financial year

6th Aug 2024 12:56

(Sharecast News) - Petra Diamonds announced the postponement of its first tender for the 2025 financial year on Tuesday, originally scheduled for August and September.

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Petra Diamonds postpones first tender of new financial year

6th Aug 2024 12:56

(Sharecast News) - Petra Diamonds announced the postponement of its first tender for the 2025 financial year on Tuesday, originally scheduled for August and September.

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Caterpillar beats profit forecasts despite revenue fall

6th Aug 2024 12:13

(Sharecast News) - Caterpillar announced a mixed set of second-quarter results on Tuesday, marked by a slight decline in revenue but a solid profit margin.

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Europe midday: Markets subdued after sell-off as data comes in mixed

6th Aug 2024 11:39

(Sharecast News) - European stocks were swinging between gains and losses on Tuesday morning as investor sentiment remains dampened by Monday's sell-off due to economic concerns in the US and the unwinding of yen carry trades.

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Zotefoams reports record first-half sales performance

6th Aug 2024 11:11

(Sharecast News) - Cellular materials technology specialist Zotefoams reported record financial results for the first half on Tuesday, driven by strong sales and significant growth in its high-performance products (HPP) division.

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London midday: FTSE pares opening gains; UK construction data in focus

6th Aug 2024 11:04

(Sharecast News) - London stocks had pared gains by midday on Tuesday as the relief rally lost steam following a heavy selloff a day earlier which saw global markets plunge.

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IWG reports record first-half revenue

6th Aug 2024 11:02

(Sharecast News) - International Workplace Group reported record first-half financial results on Tuesday, driven by a strategic network expansion across its brands including Regus and Spaces.

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US pre-open: Futures higher following Monday's sell-off

6th Aug 2024 10:53

(Sharecast News) - Wall Street futures were in the green ahead of the bell on Tuesday as major indices look to bounce back from heavy losses recorded across global markets in the previous session.

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Berenberg cuts target price on YouGov following FY24 update

6th Aug 2024 10:41

(Sharecast News) - Analysts at Berenberg slashed their target price on market research and analytics firm YouGov from 1,200.0p to 810.0p on Tuesday morning following the group's FY24 trading update.

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Monte dei Paschi upgrades profit outlook and payout ratio

6th Aug 2024 10:33

(Sharecast News) - Shares in Monte dei Paschi rose strongly on Tuesday after the Italian bank upgraded its payout ratio following a strong second quarter, and signalled it was close to selling its French arm MP Banque.

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JPMorgan hikes price target on Rolls-Royce

6th Aug 2024 10:31

(Sharecast News) - Rolls-Royce rallied on Tuesday as JPMorgan Cazenove hiked its price target on the stock to 535p from 475p "after another set of strong results".

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Eurozone construction downturn worsens further in July due to housing

6th Aug 2024 10:27

(Sharecast News) - An already deep downturn in euro area construction intensified slightly more last month, the results of a survey revealed.

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