News Archive

CVS Group flags lower full-year sales growth

25th Jul 2024 12:12

(Sharecast News) - Listed veterinary service provider CVS Group said in an update on Thursday that it achieved growth of around 10% in full-year revenue for continuing operations, with like-for-like sales increasing 2.9%, compared to 7.3% in the 2023 financial year.

Read more

US pre-open: Futures little changed ahead of data points, Q2 earnings

25th Jul 2024 11:40

(Sharecast News) - Dow Jones futures were little changed ahead of the bell on Thursday as market participants looked ahead to the release of some key data points and more corporate earnings.

Read more

Kering first-half revenues drop, H2 operating income to fall 30%

25th Jul 2024 11:40

(Sharecast News) - Gucci owner Kering tumbled on Thursday after it posted a drop in first-half revenues and warned that operating income would drop in the second half.

Read more

JTC on track after record new business wins in first half

25th Jul 2024 11:35

(Sharecast News) - Fund and corporate administration services firm JTC hailed record new business wins in the first half as it made a positive start to its so-called "Cosmos era" business plan.

Read more

UK car production falls in June as manufacturers retool

25th Jul 2024 11:27

(Sharecast News) - Automobile output in the UK fell in June as carmakers retooled lines to produce electrified models, a business lobby group said.

Read more

Cineworld to cut hundreds of jobs in restructuring - report

25th Jul 2024 11:23

(Sharecast News) - Cineworld will reportedly unveil a sweeping overhaul this week that will cost hundreds of jobs and reduce its British footprint by at least a quarter.

Read more

London midday: Stocks slump after US selloff, amid corporate avalanche

25th Jul 2024 11:13

(Sharecast News) - London stocks were still weaker by midday on Thursday as investors waded through a barrage of corporate news, having taken their opening cue from a downbeat session on Wall Street, where tech names came under pressure.

Read more

Virgin Wines FY EBITDA, pre-tax profit ahead of market views

25th Jul 2024 11:12

(Sharecast News) - AIM-listed Virgin Wines said on Thursday that full-year EBITDA and pre-tax profit were ahead of market expectations despite a challenging backdrop.

Read more

Hammerson disposals lower profits but CEO gives upbeat outlook

25th Jul 2024 10:41

(Sharecast News) - Retail-focused property investor Hammerson reported a slight fall in adjusted profits in the first half as the company continues to sell off assets and cut debt amid ongoing declines in rental income and valuations.

Read more

Judges Scientific shares dive after profit warning

25th Jul 2024 10:40

(Sharecast News) - Shares in Judges Scientific plunged on Thursday after the AIM-quoted scientific instruments conglomerate warned on profits following "subdued" trading in the first half.

Read more

Asia report: Markets tumble after Wall Street sell-off

25th Jul 2024 10:27

(Sharecast News) - Asia-Pacific markets experienced significant declines on Thursday, mirroring the overnight sell-off on Wall Street.

Read more

De La Rue loss before tax narrows in difficult market

25th Jul 2024 10:27

(Sharecast News) - Authentication and currency solutions specialist De La Rue reported total revenue of £310.3m in its full-year results on Thursday, marking an 11.3% decline from £349.7m in the prior fiscal year, primarily due to a downturn in the currency industry.

Read more

Great Portland Estates lets retail space on Mount Royal

25th Jul 2024 10:25

(Sharecast News) - Property development firm Great Portland Estates has let 20,000 square feet of retail space at the western end of Mount Royal in West London.

Read more

CMC Markets backs FY guidance after in line Q1

25th Jul 2024 10:20

(Sharecast News) - CMC Markets backed its full-year guidance on Thursday as it said trading in the first quarter was in line with management's expectations.

Read more

HICL Infrastructure on track to meet dividend target

25th Jul 2024 10:19

(Sharecast News) - HICL Infrastructure reported a solid operational performance alongside strategic financial manoeuvres in an interim update on Thursday.

Read more