News Archive
Babcock profits rise amid uplift in global defence budgets
26th Jul 2024 08:24
(Sharecast News) - Babcock International posted a jump in full-year profit on Friday as it continued to be boosted by a "sustained uplift" in global defence budgets, with a strong performance in Nuclear, Land and Aviation.
Read moreSupermarket Income REIT completes £170m refinancing
26th Jul 2024 08:09
(Sharecast News) - Real estate investment trust Supermarket Income has completed a £170.0m refinancing through its first private placement debt issuance and a new unsecured bank facility.
Read moreDrax posts jump in 1H profits
26th Jul 2024 07:41
(Sharecast News) - Drax Group posted a big jump in interim profits, alongside lower debt and higher dividends.
Read moreLondon pre-open: Stocks seen higher; NatWest in focus
26th Jul 2024 07:31
(Sharecast News) - London stocks were set to rise at the open on Friday despite mixed performances in the US and Asia, as investors mulled results from the likes of NatWest and IMI.
Read moreCo-operative Bank interim profits drop
26th Jul 2024 07:27
(Sharecast News) - The Co-operative Bank posted a drop in interim profits on Friday ahead of its planned merger with Coventry Building Society.
Read moreFriday newspaper round-up: Stellantis, John Lewis, FRC
26th Jul 2024 07:22
(Sharecast News) - Rachel Reeves is expected to reveal a £20bn hole in government spending for essential public services on Monday, paving the way for potential tax rises in the autumn budget. Labour sources said the blame lay with the Tory government, describing it as a "shocking inheritance" and accusing the former chancellor of "presiding over a black hole and still campaigning for tax cuts". - Guardian
Read moreIMI reports robust growth in first half
26th Jul 2024 07:18
(Sharecast News) - IMI reported continued strategic progress and a robust financial performance in its first half on Friday, with growth in organic revenue and profits.
Read moreDrivers pay £1.6bn too much in weak petrol market - CMA
26th Jul 2024 07:16
(Sharecast News) - The Competition and Markets Authority (CMA) reported on Friday that weakened competition among fuel retailers had led to UK drivers paying over £1.6bn more than they should have in 2023.
Read moreNatWest Group posts drop in 1H operating profits
26th Jul 2024 07:12
(Sharecast News) - NatWest Group posted a decline in interim profits as net interest margins fell and costs rose, but raised its full-year income guidance.
Read moreUS close: Stocks mixed as investors digest data, Q2 earnings
25th Jul 2024 21:56
(Sharecast News) - Major indices delivered a mixed performance on Thursday as market participants thumbed over some key data points and more corporate earnings.
Read moreEurope close: Stocks finish off lows
25th Jul 2024 18:23
(Sharecast News) - Investors reacted with disappointment to a wave of corporate earnings in Europe, pushing the Stoxx 600 index down to levels not seen in nearly three months a one pint during the session.
Read moreDirector dealings: Armadale Capital technical director raises stake
25th Jul 2024 15:52
(Sharecast News) - Armadale Capital revealed on Thursday that technical director Matt Bull had acquired 14.28m ordinary shares in the AIM-listed investment group.
Read moreBroker tips: Ascential, CAB Payments
25th Jul 2024 15:45
(Sharecast News) - Analysts at Berenberg upgraded business-to-business media firm Ascential to 'buy' from 'hold' and hiked their target price on the stock to 568.0p from 395.0p following a takeover offer from Informa.
Read moreLondon close: Stocks mixed on tsunami of updates, US GDP data
25th Jul 2024 15:27
(Sharecast News) - London stocks closed with mixed results on Thursday as investors processed faster-than-anticipated economic growth in the United States, following a heavy flow of corporate announcements earlier in the day.
Read moreUS open: Stocks mixed following data, earnings
25th Jul 2024 15:24
(Sharecast News) - Wall Street trading got off to a mixed start on Thursday as market participants looked thumbed over some key data points and more corporate earnings.
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