News Archive
Metro Bank shares jump on upgraded guidance
31st Jul 2024 09:44
(Sharecast News) - Metro Bank shares were rocketing on Wednesday morning, after it upgraded its guidance on the back of a strong set of first-half results.
Read moreAirbus profits slump on massive space business writedown
31st Jul 2024 09:39
(Sharecast News) - European plane maker Airbus reported a steep fall in second-quarter profit after a massive write down of its space business of almost €1bn.
Read moreRathbones H1 profits surge after IW&I merger
31st Jul 2024 09:33
(Sharecast News) - Rathbones posted a jump in first-half profit and funds under management on Wednesday as it said it was ahead of its objectives following a merger with Investec Wealth & Investment (IW&I).
Read moreConduit RoE improves amid 'strong' growth in gross written premiums
31st Jul 2024 09:32
(Sharecast News) - Reinsurance business Conduit said on Wednesday that its return on equity had improved in the six months ended 30 June, driven by "strong" year-on-year growth in gross written premiums.
Read moreDesign and installation segment weighs on Wickes H1 revenues
31st Jul 2024 09:16
(Sharecast News) - Wickes posted a drop in first-half group revenue on Wednesday as it was hit by "challenging" conditions in its design and installation division.
Read moreReach shares jump as guidance held on ad boost from Euros, Taylor Swift tour
31st Jul 2024 09:09
(Sharecast News) - Shares in Daily Mirror publisher Reach jumped on Wednesday as the company said it was on track to meet annual guidance after the European football championship, Taylor Swift's Eras Tour and the UK General Election boosted advertising revenues.
Read moreFDM slashes dividend as first-half profits halve
31st Jul 2024 08:48
(Sharecast News) - IT consulting group FDM slashed its interim dividend after profits halved in the first half on the back of ongoing touch market conditions, but said that full-year results should still be in line with current forecasts.
Read moreJust Eat H1 core profit rises, €150m share buyback launched
31st Jul 2024 08:29
(Sharecast News) - Just Eat backed its guidance for 2024 on Wednesday as it posted a more than 40% increase in first-half core profit and announced a new €150m share buyback programme.
Read moreFerrexpo H1 profits more than double
31st Jul 2024 08:13
(Sharecast News) - Ukraine-focussed mining firm Ferrexpo shares traded higher on Wednesday after the London-listed group revealed interim profits had more than doubled.
Read moreEurope open: Shares march on ahead of rate calls; JDE Peet's surges
31st Jul 2024 08:13
(Sharecast News) - European shares continued to rally on Wednesday as investors looked ahead to eurozone inflation data, rate decisions from the US and UK amid another dump of corporate earnings.
Read moreLondon open: Stocks gain ahead of Fed announcement
31st Jul 2024 07:55
(Sharecast News) - London stocks rose sharply in early trade on Wednesday, underpinned by strength in the mining and energy sectors, as investors eyed the latest policy announcement from the US Federal Reserve.
Read moreDiageo's sell-off marks attractive buying opportunity, says Citi
31st Jul 2024 07:53
(Sharecast News) - Diageo's stock was attempting a rebound on Wednesday after a sell-off the previous session as its full-year results disappointed, but that didn't stop Citi from reiterating its 'buy' recommendation on the stock.
Read moreFresnillo hit by cyber incident but expects no financial impact
31st Jul 2024 07:39
(Sharecast News) - Precious metals producer Fresnillo has revealed that it was hit by a cyber attack that resulted in unauthorised access to certain IT systems and data.
Read moreGSK lifts guidance as Q2 sales beat forecasts
31st Jul 2024 07:37
(Sharecast News) - UK pharmaceutical company GSK raised annual forecasts after better-than-expected second-quarter results, driven by a strong performance from its cancer and HIV treatments.
Read moreLondon pre-open: Stocks seen up ahead of Fed, BoE policy announcements
31st Jul 2024 07:31
(Sharecast News) - London stocks were set for a positive open on Wednesday as investors looked ahead to policy announcements from the US Federal Reserve and the Bank of England.
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