News Archive
Europe open: Shares up ahead of Fed, BoE; St James's Place surges
30th Jul 2024 08:22
(Sharecast News) - European markets opened higher Tuesday amid another earnings dump as investors also looked ahead to rate decisions from the US and UK.
Read moreParagon holds guidance as volumes, margins perform
30th Jul 2024 08:10
(Sharecast News) - Paragon Bank confirmed full-year guidance as volumes margins and costs during the third quarter were in line with expectations.
Read moreSage reports slight Q3 slowdown in North America
30th Jul 2024 08:09
(Sharecast News) - Shares in Sage fell sharply on Tuesday after the enterprise software group reported a slight slowdown in top-line growth in its third quarter.
Read moreSt James's Place outlines new growth targets, cost-cutting measures
30th Jul 2024 08:06
(Sharecast News) - Wealth management firm St James's Place outlined new growth targets and cost-cutting measures on Tuesday, sending the shares higher on early trading.
Read moreCiti puts Flutter Entertainment shares on 'positive catalyst watch'
30th Jul 2024 08:00
(Sharecast News) - Citi opened a 30-day "positive catalyst watch" on shares of Flutter Entertainment on Tuesday ahead of its results on 13 August.
Read moreGlencore to reveal decision on coal demerger next week
30th Jul 2024 07:54
(Sharecast News) - Commodities miner and trader Glencore held annual production guidance and said it would reveal whether a planned demerger of its coal and carbon steel assets would go ahead at interim results next week.
Read moreWeir Group scales back revenue guidance for full year
30th Jul 2024 07:49
(Sharecast News) - Scottish mining-focused engineering group Weir reported a small rise in first-half adjusted profits and said that strong aftermarket demand has bolstered its project outlook, though full-year revenues will likely miss forecasts.
Read moreGreggs benefits from expanded range as interim profits rise
30th Jul 2024 07:42
(Sharecast News) - Bakery chain Greggs lifted its interim dividend on Tuesday as it reported a jump in profit and revenue as it benefited from an expanded food and drinks range.
Read moreLondon pre-open: Stocks seen flat amid earnings barrage
30th Jul 2024 07:28
(Sharecast News) - London stocks were set for a flat open on Tuesday as investors mulled the latest retail inflation data and braced for a barrage of earnings from the likes of BP, Standard Chartered and Diageo.
Read moreUK's FCA considering redress scheme for motor finance claims
30th Jul 2024 07:27
(Sharecast News) - The UK's financial watchdog said it was considering a compensation scheme for motor finance customers who complained about commission payments but was extending a deadline for companies to respond.
Read moreBHP, Lundin bid $3.25bn bid for Filo to expand copper presence
30th Jul 2024 07:20
(Sharecast News) - Australian Mining giant BHP rebounded from its failure to buy rival Anglo American and announced it would expand its copper interests in South America via a joint venture with Canada's Lundin Mining which in turn would offer $3.25bn to acquire Filo Corp.
Read moreDiageo profits hit by weaker performance in Latin America, Caribbean
30th Jul 2024 07:17
(Sharecast News) - Diageo reported a drop in full-year organic operating profit on Tuesday as it pointed to a weaker performance in Latin America and the Caribbean (LAC).
Read moreConvaTec reiterates guidance after first-half revenue growth
30th Jul 2024 07:17
(Sharecast News) - Woundcare and medical products and technology specialist ConvaTec announced a robust set of interim results on Tuesday, with broad-based organic revenue growth of 6.6%.
Read moreTuesday newspaper round-up: House prices, Ofgem, NatWest
30th Jul 2024 07:13
(Sharecast News) - House prices are expected to rise over the second half of the year across the UK, according to a forecast, with the market bolstered by more people selling their homes. Prices are likely to increase by 2% towards the end of 2024, Zoopla has predicted. The improved outlook for the housing market was the result of an increased number of homes for sale, the property portal said. The number of sales agreed in the four weeks to 21 July was 16% higher than the same period a year ago and the average estate agent had more homes for sale than at any point in the past six years. - Guardian
Read moreBP unveils more share buybacks after beating Q2 profit forecasts
30th Jul 2024 07:10
(Sharecast News) - BP swung into the red on a reported basis in the second quarter as a result of $2.77bn of so-called "adjusting items", but that didn't stop the energy giant from beating market forecasts on an underlying basis and unveiling another $1.75bn share buyback programme.
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