News Archive

Chancellor to shake-up council pension schemes

14th Nov 2024 11:11

(Sharecast News) - Rachel Reeves is to use her first Mansion House speech as chancellor to unveil a slew of reforms to UK pension rules.

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US pre-open: Futures cautiously higher ahead of PPI figures

14th Nov 2024 11:08

(Sharecast News) - Wall Street futures were cautiously higher ahead of the bell on Thursday as investors awaited another fresh inflation reading.

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Davy starts coverage of De La Rue at 'outperform'

14th Nov 2024 10:59

(Sharecast News) - Davy initiated coverage of banknote printer De La Rue on Thursday with an 'outperform' rating and 160p price target, which provides 70% upside.

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London midday: Stocks pop higher ahead of US PPI

14th Nov 2024 10:57

(Sharecast News) - London stocks had popped higher by midday on Thursday, helped along by well-received updates from the likes of Aviva and Spirax, but gains were muted as investors eyed another US inflation reading.

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Europe midday: Stoxx extends gains on upbeat earnings; Burberry soars

14th Nov 2024 10:55

(Sharecast News) - European markets rallied on Thursday as investors digested US inflation data and a raft of upbeat corporate earnings.

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Shore Capital upgrades Spirax to 'hold', considers stock "fair value"

14th Nov 2024 10:39

(Sharecast News) - Shares in Spirax were rising on Thursday after the company delivered a solid third-quarter update, with shares supported by a broker upgrade from Shore Capital which lifted the stock from 'sell' to 'hold'.

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Kier YTD trading in line with expectations

14th Nov 2024 10:34

(Sharecast News) - Construction firm Kier Group said on Thursday that it had made a good start to the new trading year and expects its overall performance to be second-half weighted.

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Eurozone employment grows in Q3, GDP at 0.4%

14th Nov 2024 10:13

(Sharecast News) - Employment in the eurozone rose slightly more than expected in the third quarter, while the economy's growth rate was 0.4%, according to official flash estimates published on Thursday.

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Asia report: Most markets fall after US inflation report

14th Nov 2024 10:04

(Sharecast News) - Asia-Pacific markets mostly declined on Thursday following a US inflation report overnight that reinforced expectations of a Federal Reserve rate cut in December.

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Great Portland Estates flags fall in half-year earnings

14th Nov 2024 09:58

(Sharecast News) - Great Portland Estates reported a fall in earnings per share in an update on Thursday, despite progress in strategic acquisitions and resilient leasing performance.

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Data centre surge drives growth for Siemens

14th Nov 2024 09:57

(Sharecast News) - Siemens reported significant gains in the past year on Thursday, driven by robust demand in energy and electrification sectors, despite ongoing challenges in its business divisions.

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Young's says NI, minimum wage changes to add £11m in annual costs

14th Nov 2024 09:52

(Sharecast News) - Pub chain Young's said on Thursday that changes to national insurance contributions and minimum wage announced in last month's Budget would add around £11m in annual costs from next April.

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Assura hails 'transformative' first half as earnings spark

14th Nov 2024 09:18

(Sharecast News) - Real estate investment trust Assura posted improved rental income and earnings on Thursday, following a "transformative" first half.

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Just Group completes largest defined benefit de-risking transaction to date

14th Nov 2024 09:17

(Sharecast News) - Retirement products business Just Group said on Thursday that it has completed its largest defined benefit de-risking transaction to date.

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TT Electronic to make further job cuts, revenues down YOY

14th Nov 2024 09:09

(Sharecast News) - Electronic components manufacturer TT Electronics said on Thursday that it has been forced to make further job cuts in an effort to mitigate the impact of "substantial market changes".

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