News Archive
UK factory growth hits two-year high in July
1st Aug 2024 10:17
(Sharecast News) - Production in the UK manufacturing sector grew in July at its fastest pace since February 2022, according to a survey released on Thursday.
Read moreHaleon H1 profits grow despite revenue contraction
1st Aug 2024 10:13
(Sharecast News) - Consumer healthcare business Haleon said on Thursday that profits had grown in the six months ended 30 June, driven by solid H1 sales of its vitamins and oral health products.
Read moreElementis lifts FY outlook after 'strong' first half
1st Aug 2024 09:54
(Sharecast News) - Elementis lifted its full-year outlook on Thursday as it hailed a "strong" first-half delivery and announced a strategic review of its talc business.
Read moreBank of England cuts rates for first time in four years
1st Aug 2024 09:53
(Sharecast News) - The Bank of England cut interest rates on Thursday for the first time in four years.
Read moreEurozone manufacturing sector remains in contraction
1st Aug 2024 09:40
(Sharecast News) - The eurozone manufacturing sector remained in contraction territory in July, according to a survey released on Thursday.
Read moreVanquis Banking H1 losses widen amid transformation efforts
1st Aug 2024 09:34
(Sharecast News) - Sub-prime lender Vanquis Banking said on Thursday that interim losses had widened even as it made "good progress" on its transformation efforts.
Read moreLSEG reports consistent business-wide first-half growth
1st Aug 2024 09:30
(Sharecast News) - London Stock Exchange Group (LSEG) reported consistent growth across its divisions in its interim results on Thursday, alongside improved profitability and significant shareholder returns.
Read moreVesuvius lowers full-year expectations
1st Aug 2024 09:11
(Sharecast News) - Vesuvius tumbled on Thursday after it said end markets were weaker than expected in the first half and that full-year headline trading profit was set to be "only slightly ahead" of last year on a constant currency basis.
Read moreSmith & Nephew H1 profits come in ahead of expectations
1st Aug 2024 09:05
(Sharecast News) - Medical equipment manufacturer Smith & Nephew said on Thursday that interim profits had come in ahead of market expectations, thanks in no small part to the company's 12-point turnaround plan.
Read moreBarclays raises interest guidance despite fall in first-half income
1st Aug 2024 08:39
(Sharecast News) - Barclays reported a return on tangible equity (RoTE) of 11.1% for its first half on Thursday, down from 13.2% in the same period last year, with profit before tax slipping to £4.2b from £4.6bn, although it raised its full-year net interest income guidance.
Read moreBAE Systems lifts full-year guidance as H1 earnings rise
1st Aug 2024 08:25
(Sharecast News) - Defence and aerospace firm BAE Systems lifted its full-year guidance on Thursday as it posted a jump in underlying sales and earnings for the first half.
Read moreEurope open: Stocks in the red as car makers slump
1st Aug 2024 08:16
(Sharecast News) - European stocks fell in early trade on Thursday, dragged lower by weak performances from the likes of BMW, Volkswagen and Societe Generale.
Read moreLondon open: FTSE nudges up ahead of BoE, amid earnings barrage
1st Aug 2024 08:16
(Sharecast News) - London stocks nudged higher in early trade on Thursday as investors waded through a deluge of corporate news and eyed the latest policy announcement from the Bank of England.
Read morePuede que el débil crecimiento de las exportaciones surcoreanas sea transitorio -- Market Talk
1st Aug 2024 08:14
(Sharecast News) - 0712 GMT - Puede que el crecimiento más débil de lo anticipado en las exportaciones surcoreanas durante el mes de julio sea un hecho aislado, en vez de adelantar una probable ralentización en las exportaciones entrando ya en la segunda mitad del año, según escribe el economista de Barclays Bum Ki Son en una nota de análisis. El inicio más temprano de lo habitual de las vacaciones de verano para los fabricantes de automóviles surcoreanos y el impacto de un tifón sobre algunos de los principales socios comerciales de Corea del Sur probablemente haya impactado de forma negativa sobre las exportaciones, especialmente en los últimos diez días de julio, destaca Son. Las exportaciones del país crecieron a un ritmo interanual del 13,9% en julio, tras un incremento revisado del 5,1% en junio, el cual se ha quedado corto frente a las previsiones para un aumento del 18,6% según una encuesta entre 15 economistas llevada acabo por el Wall Street Journal. ([email protected])
Read moreRolls-Royce lifts FY profit guidance after strong first half
1st Aug 2024 08:12
(Sharecast News) - Rolls-Royce lifted its full-year profit guidance on Thursday as it hailed a strong first half and said it was reinstating dividends.
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