News Archive
Pernod Ricard to return to growth this year but predicts "soft" Q1
29th Aug 2024 08:06
(Sharecast News) - Pernod Ricard said it expects to return to organic growth this new financial year after small dip in sales in the 12 months to 30 June, but that first-quarter trading would be held back by inventory reductions and a "very weak" environment in China.
Read moreUK car production slumps in July as changeovers and supply chain woes weigh
29th Aug 2024 08:02
(Sharecast News) - UK car production slumped 14.4% in July, according to the Society of Motor Manufacturers and Traders, with a total of 65,478 vehicles rolling off factory lines last month as model changeovers and temporary supply chain bottlenecks disrupted output.
Read moreEurope open: Shares up as investors mull Nvidia results, await German CPI
29th Aug 2024 07:56
(Sharecast News) - European shares opened higher on Thursday as investors awaited flash inflation numbers from Germany and regular eurozone sentiment data and also mulled the impact of earnings overnight from chip giant Nvidia.
Read moreLondon open: Stocks edge up as investors mull Nvidia results
29th Aug 2024 07:53
(Sharecast News) - London stocks edged up in early trade on Thursday as investors mulled results from US chip maker Nvidia.
Read moreGreencore extends buyback by £10m
29th Aug 2024 07:52
(Sharecast News) - UK convenience food supplier Greencore Group said it was extending its current share buyback programme by £10m resulting in a total maximum of £40m being allocated.
Read moreTastytrade co-founders Sosnoff and Sheridan sell 6.5m shares in IG Group
29th Aug 2024 07:51
(Sharecast News) - Jefferies said late on Wednesday that Tom Sosnoff and Scott Sheridan had sold 6.5m IG Group shares in a placing to a limited number of institutional investors.
Read moreGem Diamonds lifts output guidance as H1 profits more than double
29th Aug 2024 07:43
(Sharecast News) - Underlying profits at Gem Diamonds more than doubled in the first half as increases in production, as well as the number of larger gemstones recovered, was able to offset a dip in the average price per carat.
Read moreRetail footfall resilient in August despite riot disruption
29th Aug 2024 07:41
(Sharecast News) - Retail footfall across the UK experienced a slight decline of 0.4% year-on-year in August, according to fresh BRC-Sensormatic IQ data released on Friday morning.
Read moreLondon pre-open: Stocks seen higher as investors mull Nvidia results
29th Aug 2024 07:37
(Sharecast News) - London stocks were set to rise at the open on Thursday as investors mulled results from US chip maker Nvidia overnight.
Read moreThursday newspaper round-up: Energy bills, Qantas, CrowdStrike
29th Aug 2024 07:21
(Sharecast News) - Ministers have committed to help households struggling with their gas and electricity bills this winter after energy industry bosses warned that consumer debt had climbed to more than £3bn. With Labour under fire for scrapping universal winter fuel payments to pensioners, ministers met energy industry bosses on Wednesday to discuss ways of supporting struggling households through the coming colder months. - Guardian
Read moreOfgem closes probe into Drax reporting data
29th Aug 2024 07:21
(Sharecast News) - Ofgem has closed its probe into the biomass profiling data of Drax after investigating whether or not the power station group failed to meet sustainability criteria of so-called Renewable Obligation Certificates (ROCs).
Read moreGSK;s RSV vaccine gets expanded approval in Europe
29th Aug 2024 07:18
(Sharecast News) - GSK announced on Thursday that the European Commission had granted approval for Arexvy, a respiratory syncytial virus (RSV) vaccine, to be used in adults aged 50 to 59 who were at heightened risk of severe RSV-related illness.
Read moreRBC Capital upgrades Bunzl to 'sector perform'
29th Aug 2024 07:17
(Sharecast News) - RBC Capital Markets upgraded Bunzl on Thursday to 'sector perform' from 'underperform' and lifted the price target to 3,350 from 2,700p as revenue headwinds ease.
Read morePPHE profits up despite art'hotel delays
29th Aug 2024 07:02
(Sharecast News) - Hotels group PPHE posted a jump in half-yearly profits and held guidance despite supply chain issues holding up full openings of new art'hotel properties in London and Rome.
Read moreUS close: Stocks lower as traders digest Nvidia earnings
28th Aug 2024 21:26
(Sharecast News) - Wall Street stocks closed lower on Wednesday as market participants awaited earnings from AI-darling Nvidia after the close.
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