News Archive

FirstGroup trading as expected as chairman steps down

26th Jul 2024 10:23

(Sharecast News) - FirstGroup said in an update on Friday that its trading in the financial year-to-date remained in line with the expectations set out in its full-year results in June, as it also announced the retirement of chairman David Martin.

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Mercedes-Benz Q2 earnings fall as car sales slip

26th Jul 2024 09:56

(Sharecast News) - German automotive giant Mercedes Benz posted a sharp fall in adjusted earnings in its car division during Q2 as it continues to struggle with model changeovers and weakened Asian trading.

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Berenberg hikes target price on Unilever

26th Jul 2024 09:48

(Sharecast News) - Analysts at Berenberg hiked their target price on consumer goods giant Unilever from £49.60 to £55.70 on Friday, stating that the group's recent H1 results highlighted a return to "high-quality earnings growth".

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Computacenter H1 profits to drop; £200m share buyback announced

26th Jul 2024 09:41

(Sharecast News) - Computacenter said on Friday that it was expecting to report a drop in first-half profit due to the delay of the fulfilment of some orders in North America, as it announced a £200m share buyback programme.

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Asia report: Most markets rise, Tokyo core inflation unchanged

26th Jul 2024 09:25

(Sharecast News) - Asia-Pacific markets mostly rebounded on Friday, recovering from Thursday's sell-off, which had pushed some regional indexes to their lowest levels in months.

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Segro reports continued rental growth in its first half

26th Jul 2024 09:25

(Sharecast News) - Segro reported a strong financial performance and continued rental growth in its half-year results on Friday.

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Petershill Partners aggregate partner-firm AuM grows in H1

26th Jul 2024 09:23

(Sharecast News) - Investment company Petershill Partners said on Friday that aggregate partner-firm assets under management had grown in the six months ended 30 June.

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AstraZeneca gets positive feedback on possible Imfinzi indication

26th Jul 2024 09:15

(Sharecast News) - AstraZeneca's 'Imfinzi', or durvalumab, was recognised by the FDA's oncologic drugs advisory committee (ODAC) on Friday for its efficacy in treating resectable non-small cell lung cancer (NSCLC), based on phase three trial results.

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DiscoverIE sales down in Q1

26th Jul 2024 09:13

(Sharecast News) - Electronic components manufacturer DiscovierIE said on Friday that Q1 trading was in line with guidance and that FY underlying earnings expectations remained unchanged.

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Jupiter Fund Management reports dip in 1H AuM

26th Jul 2024 09:12

(Sharecast News) - Jupiter Fund Management reported a dip in assets under management for the first half of the year.

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Rightmove H1 revenue grows on continued demand for products

26th Jul 2024 09:03

(Sharecast News) - Online real estate portal operator Rightmove said on Friday that both revenue and operating profits had grown in the six months ended 30 June, driven by continued demand from agents and new home developers.

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London open: FTSE gains as NatWest rallies after results

26th Jul 2024 08:47

(Sharecast News) - London stocks rose in early trade on Friday following mixed sessions in the US and Asia, with NatWest pacing the gains after well-received results.

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Europe open: Stocks start the day on a mixed footing

26th Jul 2024 08:38

(Sharecast News) - European stocks were trading mixed in the early part of the session as investors waited on key US inflation data due out later in the day.

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Metro Bank sells residential mortgages to NatWest

26th Jul 2024 08:37

(Sharecast News) - Metro Bank inked a deal to sell a portfolio of residential mortgages to NatWest Group.

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Brighton Pier Group warns on profits, shares slide

26th Jul 2024 08:34

(Sharecast News) - The Brighton Pier Group warned on Friday that full-year EBITDA was set to be lower than previously expected due to poor weather.

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