News Archive

UK regulator approves BBVA purchase of Sabadell's TSB

3rd Sep 2024 07:39

(Sharecast News) - The UK's Prudential Regulation Authority has green-lighted Spanish bank BBVA to take indirect control of Sabadell's British subsidiary TSB, BBVA said on Tuesday.

Read more

Europe open: Shares open higher as investors mull UK retail sales

3rd Sep 2024 07:35

(Sharecast News) - European shares defied opening calls and were higher at the open as investors analysed UK retail sales survey data and prepared for a raft of US data later in the week.

Read more

London pre-open: Stocks seen up as investors mull retail sales

3rd Sep 2024 07:35

(Sharecast News) - London stocks were set to edge up at the open on Tuesday following a negative close in the previous session, as investors mulled the latest retail sales figures.

Read more

Tuesday newspaper round-up: Electric cars, Manchester, Mountain Warehouse

3rd Sep 2024 07:19

(Sharecast News) - Campaigners have called on the chancellor to introduce a controversial pay-per-mile road charging scheme on electric cars, warning of a £5bn "black hole" in tax revenues from motoring. In a letter to Rachel Reeves, the Campaign for Better Transport (CBT) urged her to reform vehicle taxes, with fuel duty poised to dwindle in the coming decade as petrol and diesel cars are phased out. - Guardian

Read more

Ashtead confident despite mixed first quarter

3rd Sep 2024 07:15

(Sharecast News) - Ashtead Group reported modest first quarter revenue growth on Tuesday, amid challenging market conditions.

Read more

DS Smith trading in line with management's expectations

3rd Sep 2024 07:15

(Sharecast News) - Packaging firm DS Smith said on Tuesday that overall trading for the current financial year was in line with management's expectations.

Read more

Wizz Air passenger numbers hit record in Aug despite groundings

3rd Sep 2024 07:11

(Sharecast News) - Hungary-based budget carrier Wizz Air reported a 1% rise in passenger numbers in August - setting a new record - although capacity fell due to continued groundings of aircraft using Pratt & Whitney's GTF engines.

Read more

Watches of Switzerland on track to meet FY guidance

3rd Sep 2024 07:02

(Sharecast News) - Luxury timepiece seller Watches of Switzerland said it was on track to meet annual guidance after trading for the first 18 weeks of the financial year had been in line with expectations.

Read more

Sector movers: Defence shares drag on market amid investor caution

3rd Sep 2024 00:54

(Sharecast News) - The FTSE 350 started the month of September on a down note with Defence issues weakest as analysts acted on the sector's lofty valuation.

Read more

Europe close: Stocks end mixed amid holiday Stateside

2nd Sep 2024 17:38

(Sharecast News) - European shares finished on a mixed note on Monday as investors bid their time ahead of the release of a key monthly jobs report due out at the end of the week.

Read more

Volkswagen no longer ruling out plant closures, scraps job security agreement

2nd Sep 2024 16:09

(Sharecast News) - German automotive giant Volkswagen warned on Monday that it would no longer be able to rule out plant closures across the country amid major cost-cutting efforts to "future-proof" the firm.

Read more

FTSE 250 movers: Kainos slumps on sales warning; Bodycote gains on Berenberg note

2nd Sep 2024 15:52

(Sharecast News) - FTSE 250 (MCX) 21,001.82 -0.40%

Read more

London close: Stocks slip on relatively quiet Monday

2nd Sep 2024 15:25

(Sharecast News) - London's stock markets closed in the red today, with trading activity subdued as US markets remained closed for the Labor Day holiday.

Read more

Tuesday preview: US factory sector, Ashtead in the spotlight

2nd Sep 2024 15:22

(Sharecast News) - Investors' focus on Tuesday will be on the US manufacturing sector.

Read more

HPE to pursue up to $4bn from Mike Lynch estate - reports

2nd Sep 2024 15:10

(Sharecast News) - Hewlett Packard Enterprise (HPE) will continue its pursuit of up to $4bn in damages from the estate of the late Autonomy founder Mike Lynch, it emerged on Monday, despite his recent death.

Read more