News Archive

Sabre Insurance upbeat on first half growth

30th Jul 2024 12:13

(Sharecast News) - Motor insurance underwriter Sabre Insurance Group reported a strong set of half-year results on Tuesday, with substantial year-on-year profit growth and healthy gross written premium levels at target margins.

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Severfield trading in line with expectations

30th Jul 2024 12:05

(Sharecast News) - Structural steel company Severfield said in an update on Tuesday that trading since the start of the financial year had met expectations.

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Ocado prices £250m guaranteed bonds, £350m unsecured notes

30th Jul 2024 12:01

(Sharecast News) - Ocado Group announced the successful pricing of its £250m guaranteed senior unsecured convertible bonds on Tuesday, due 2029.

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AstraZeneca prices EUR 1.4bn eurobond offering

30th Jul 2024 11:56

(Sharecast News) - AstraZeneca announced on Tuesday that its wholly owned subsidiary, AstraZeneca Finance, priced a €1.4bn eurobond offering on 29 July.

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Forterra slashes dividend after challenging first half

30th Jul 2024 11:52

(Sharecast News) - Forterra reported a challenging first half on Tuesday, with revenue falling 11.5% year-on-year to £162.1m as the UK brick industry saw a 9% decline in despatches, and its own despatches in line with that trend.

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Gaming Realms H1 revenue and underlying earnings up double-digits

30th Jul 2024 11:48

(Sharecast News) - Mobile-focussed games developer Gaming Realms said on Tuesday that interim revenue and underlying earnings were up double-digits thanks to growth in content licensing and market expansion.

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Europe midday: Shares hold gains ahead despite surprise German GDP fall

30th Jul 2024 11:21

(Sharecast News) - European markets were higher on Tuesday amid another earnings dump as investors also looked ahead to rate decisions from the US and UK, while Germany recorded a surprise economic contraction in the second quarter.

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Xaar shares drop as "challenging" conditions hit H1 sales

30th Jul 2024 11:11

(Sharecast News) - Shares in Xaar dropped on Tuesday after the inkjet printing tech group guided to a 16% drop in revenues for the first half.

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RBC Capital downgrades Howden Joinery to 'sector perform'

30th Jul 2024 11:10

(Sharecast News) - RBC Capital Markets downgraded Howden Joinery on Tuesday to 'sector perform' from 'outperform' to reflect limited implied upside.

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US pre-open: Futures higher as traders await earnings

30th Jul 2024 11:05

(Sharecast News) - Wall Street futures were in the green ahead of the bell on Tuesday as investors braced for another day full of Q2 earnings.

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Journeo delivers record H1 performance, FY revenues seen 'marginally ahead'

30th Jul 2024 11:04

(Sharecast News) - Information systems provider Journeo said on Tuesday that it had delivered a record first-half performance and the full-year revenues were now expected to be "marginally ahead" of current market expectations.

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London midday: Stocks in the red but StanChart, BP gain after results

30th Jul 2024 10:59

(Sharecast News) - London stocks were down but off earlier lows by midday on Tuesday as investors waded through a barrage of earnings and looked ahead to key US tech results, and rate announcements from the Federal Reserve and the Bank of England this week.

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Cohort subsidiary wins three contracts with Rheinmetall Air Defence

30th Jul 2024 10:27

(Sharecast News) - Technology group Cohort said on Tuesday that its Chess Dynamics subsidiary has been awarded three contracts from Rheinmetall Air Defence worth more than £25.0m.

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AG Barr backs full-year expectations as H1 sales rise

30th Jul 2024 10:14

(Sharecast News) - Irn-Bru maker AG Barr backed its expectations for the full year on Tuesday as it said revenue for the first half was set to rise versus the same period a year earlier.

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Kromek receives first UK Government Resilience Framework order

30th Jul 2024 10:13

(Sharecast News) - Radiation and biotechnology solutions developer Kromek said on Tuesday that its D3M detector has been named as the personal radiation detector under the UK Government Resilience Framework.

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