News Archive
Asia report: Markets mixed as Australian inflation tops forecasts
28th Aug 2024 10:17
(Sharecast News) - Asia-Pacific markets ended the day with mixed results as investors evaluated economic data and corporate performances across the region.
Read moreFocusrite warns on EBITDA as shipping and freight costs weigh
28th Aug 2024 10:12
(Sharecast News) - Audio products group Focusrite warned on Wednesday that full-year underlying earnings looked set to slump as global shipping and freight costs weighed on its bottom line.
Read moreCyanconnode secures major new contract
28th Aug 2024 09:45
(Sharecast News) - Radiofrequency networks business Cyanconnode said on Wednesday that it had scored a major new contract from a global partner for 6.5m Omnimesh modules to be used in various smart metering projects in India.
Read moreLego's H1 profits grow as toymaker invests more in greener materials
28th Aug 2024 09:41
(Sharecast News) - Toymaker Lego announced an impressive set of first-half results on Wednesday, with both top and bottom lines expanding by double digits, as it continued to outpace industry growth and increase its market share.
Read moreCiti upgrades Direct Line to 'buy'
28th Aug 2024 09:29
(Sharecast News) - Citi upgraded Direct Line Insurance on Wednesday to 'buy' from 'neutral' and lifted the price target to 223p from 208p.
Read moreCanaccord Genuity starts Braemar off at 'buy'
28th Aug 2024 09:24
(Sharecast News) - Analysts at Canaccord Genuity initiated coverage on shipbroking services firm Braemar with a 'buy' rating and 410.0p target price on Wednesday, stating it was "all aboard for the super cycle".
Read morePCI-PAL no longer expects to report FY adjusted pre-tax profit
28th Aug 2024 09:22
(Sharecast News) - Payment solutions firm PCI-PAL said on Wednesday that it no longer expects to report an adjusted pre-tax profit for FY24 due to the timing of revenue recognition related to a specific customer.
Read moreUK house prices rise 1.4pc in July
28th Aug 2024 09:09
(Sharecast News) - UK house prices bounced back in July following a drop in June, according to property website operator Zoopla, aided by a continued jump in demand and increased home stock.
Read moreUK's FCA to probe pure protection insurance market
28th Aug 2024 08:53
(Sharecast News) - Britain's financial watchdog has started a probe into so-called "pure protection" insurance policies over concerns that companies may be ripping off vulnerable customers.
Read moreSeeing Machines full-year revenue rises, losses widen
28th Aug 2024 08:48
(Sharecast News) - Driver monitoring technology company Seeing Machines reported a robust performance for the 2024 financial year in an update on Wednesday, with significant growth in revenue, expansion of its automotive programs, and strategic partnerships.
Read moreCiti downgrades Kingfisher to 'neutral'
28th Aug 2024 08:28
(Sharecast News) - Citi downgraded Kingfisher to 'neutral' from 'buy' on Wednesday as it cited limited scope for near-term upgrades.
Read moreNaked Wines FY losses widen, makes 'significant strides'
28th Aug 2024 08:02
(Sharecast News) - Online wine retailer Naked Wines said it was "in much better shape" than it was twelve months ago despite posting widened full-year losses on Wednesday.
Read moreLondon open: Stocks nudge up ahead of Nvidia earnings
28th Aug 2024 07:59
(Sharecast News) - London stocks nudged higher in early trade on Wednesday following a positive close on Wall Street, as investors eyed results from US chip maker Nvidia.
Read moreTed Baker owner Authentic strikes deal to relaunch brand online
28th Aug 2024 07:52
(Sharecast News) - Ted Baker's owner and retail conglomerate Authentic Brands Group has announced a deal with its US partner to relaunch the brand as a pure-play online retailer later this year after its final bricks-and-mortar stores closed this week.
Read moreEurope open: Shares up as all eye turn to Nvidia earnings
28th Aug 2024 07:38
(Sharecast News) - European markets opened higher on Wednesday as the financial world held its breath ahead of earnings from US chip maker Nvidia.
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