News Archive

US pre-open: Futures higher ahead of busy week for tech earnings

29th Jul 2024 11:09

(Sharecast News) - Wall Street futures were in the green ahead of the bell on Monday as investors braced for a week full of big-name tech earnings.

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Kretinsky and UK business secretary hold 'constructive' talks on Royal Mail takeover

29th Jul 2024 11:02

(Sharecast News) - Czech billionaire Daniel Kretinsky held "constructive" talks with UK business secretary Jonathan Reynolds last Tuesday regarding his proposed takeover of Royal Mail parent company International Distribution Services.

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Berenberg hikes target price on Natwest

29th Jul 2024 11:00

(Sharecast News) - Analysts at Berenberg hiked their target price on banking group Natwest from 350.0p to 415.0p on Monday following the group's "comprehensively strong" Q2 results last week.

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Balanced Commercial Property NAV narrows amid office sector weakness

29th Jul 2024 10:50

(Sharecast News) - Balanced Commercial Property Trust reported a net asset value total return of -0.8% for the quarter ended 30 June on Monday, reflecting continued economic pressures on the real estate sector.

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Future CFSO Ladkin-Brand steps down

29th Jul 2024 10:45

(Sharecast News) - Media group Future said on Monday that chief financial and strategy officer Penny Ladkin-Brand has stepped down from the board with effect from 28 July.

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Journeo receives purchase order from Metroline Manchester

29th Jul 2024 10:40

(Sharecast News) - Technology group Journeo said on Monday that it had secured a £2.1m bus safety systems and software purchase order from Metroline Manchester.

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Alliance Pharma flags solid rise in first-half revenue

29th Jul 2024 10:30

(Sharecast News) - Alliance Pharma said in a half-year trading update on Monday that its revenue rose to £84.8m, a 2.8% increase year-on-year, and a 5% increase at constant exchange rates.

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UK mortgage approvals edge lower

29th Jul 2024 10:25

(Sharecast News) - Mortgage approvals in the UK fell marginally in June as the upwards momentum seen earlier this year continues to tail off, though there are signs that the housing market is beginning to stabilise.

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UK job vacancies drop almost 20pc despite economic growth

29th Jul 2024 10:11

(Sharecast News) - The UK job market saw a downturn in June, with job vacancies plummeting by almost a fifth - 19.49% - according to fresh data on Monday, suggesting that recent economic growth had not yet translated into hiring.

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Dotdigital FY revenues up double-digits

29th Jul 2024 09:49

(Sharecast News) - Software-as-a-service provider Dotdigital said on Monday that the twelve months ended 30 June had been "a year of financial and strategic progress".

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Asia report: Most markets rise after US inflation reading

29th Jul 2024 09:49

(Sharecast News) - Asia-Pacific markets saw a positive start to the week on Monday, with Japan's benchmark index leading the gains.

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Jefferies hikes Drax target by 25% after strong interim results

29th Jul 2024 09:46

(Sharecast News) - Jefferies has hiked its target price for power station operator Drax by 25% after a "confident" presentation from the firm in last week's interim results gave the market increased visibility over the future outlook.

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Jadestone Energy lowers FY production guidance, delivers record H1

29th Jul 2024 09:40

(Sharecast News) - Upstream company Jadestone Energy slightly lowered full-year production guidance on Monday despite delivering a record H1 performance.

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Reckitt Benckiser tumbles on litigation woes

29th Jul 2024 09:19

(Sharecast News) - Consumer goods giant Reckitt Benckiser tumbled on Monday amid concerns about potential litigation.

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RBC names M&S and Currys as top UK retail picks

29th Jul 2024 08:53

(Sharecast News) - Wage inflation and easier comparatives with last year could lead to a pick-up in demand for UK retailers this autumn, according to RBC Capital Markets which has highlighted M&S and Currys as its top stock picks.

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