News Archive
Mears Group launches new £20m share buyback programme
22nd Aug 2024 11:01
(Sharecast News) - Housing and care service specialist Mears Group announced the launch of a new share buyback programme on Thursday, worth up to £20m.
Read moreMacfarlane Group confident despite fall in revenue, earnings
22nd Aug 2024 10:58
(Sharecast News) - Macfarlane Group reported an 8% drop in first-half group revenue on Thursday, to £129.6m, down from £141.6m in the first six months of 2023.
Read moreUK private sector activity hits four-month high
22nd Aug 2024 10:57
(Sharecast News) - Activity in the UK's private sector hit a four-month high in August, according to a survey released on Thursday.
Read moreUS pre-open: Futures little changed as traders look ahead to Jackson Hole
22nd Aug 2024 10:25
(Sharecast News) - Wall Street futures were little changed ahead of the bell on Thursday as traders continued to await comments from Federal Reserve chairman Jerome Powell.
Read moreCiti says risk/reward in US dollar longs 'attractive'
22nd Aug 2024 10:14
(Sharecast News) - Analysts sounded a positive note on the outlook for the US dollar, pointing out a mix of potential catalysts that might provide support.
Read moreSwiss Re H1 profits grow amid low claim levels, price rises
22nd Aug 2024 09:55
(Sharecast News) - Reinsurance company Swiss Re said on Thursday that net profit had grown in the six months ended 30 June amid price rises and low claim levels throughout the period.
Read moreJefferies upgrades Admiral to 'hold'
22nd Aug 2024 09:47
(Sharecast News) - Jefferies upgraded Admiral on Thursday to 'hold' from 'underperform' and lifted the price target to 3,025p from 2,300p as it upped its earnings per share forecasts.
Read moreS&P Global upgrades credit rating for Rolls-Royce
22nd Aug 2024 09:29
(Sharecast News) - Credit ratings agency S&P Global has upgraded its view on aerospace engineer Rolls-Royce by one notch on the back of the group's rising profitability, strong cash generation and deleveraging.
Read moreDeutsche Bank reaches settlement with more than half of Postbank claimants
22nd Aug 2024 09:21
(Sharecast News) - German lender Deutsche Bank has reached settlements with over half of claimants in its more than a decade-long Postbank litigation and now expects to report a €430.0m boost to Q3 pre-tax profits.
Read moreBerenberg hikes target price on Derwent London
22nd Aug 2024 09:20
(Sharecast News) - Analysts at Berenberg raised their target price on property investment and development business Derwent London from 2,494.0p to 2,700.0p on Thursday, stating the group's improving outlook should drive performance.
Read moreAsia report: Markets mixed as Bank of Korea holds rates
22nd Aug 2024 09:02
(Sharecast News) - Asia-Pacific markets experienced modest gains on Thursday as investors analysed regional business activity reports and the latest Federal Reserve minutes.
Read moreIthica Energy earnings slide amid production decrease
22nd Aug 2024 09:02
(Sharecast News) - Exploration and production company Ithaca Energy said in its half-year results on Thursday that amid a decrease in production, it achieved adjusted EBITDAX of $533m, down from $979.7m in the first half of last year.
Read moreOlympics deliver unexpected boost to euro area PMIs in August
22nd Aug 2024 08:54
(Sharecast News) - Economic activity in the euro area picked up unexpectedly last month, mainly due to the boost from the Olympics, the results of a closely followed survey revealed.
Read moreFriday preview: BoE and BoJ governors, Fed's Powell in focus
22nd Aug 2024 08:47
(Sharecast News) - Investors' focus at the end of the week will be on the Jackson Hole Economic Symposium, with the governors of the Bank of England, Bank of Japan and the President of the US Federal Reserve due to deliver speeches.
Read moreLondon open: Stocks gain as investors eye Powell speech
22nd Aug 2024 08:27
(Sharecast News) - London stocks rose in early trade on Thursday, taking their cue from a positive session on Wall Street, as investors eyed a speech by Federal Reserve chair Jerome Powell.
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