News Archive
BT maintains outlook despite Q1 revenue decline
25th Jul 2024 07:08
(Sharecast News) - BT has reiterated full-year targets after a "solid start" to the year, with strong growth in fibre and customer numbers, though revenues were held back by a weaker performance in the business division.
Read moreUMG shares slide as subscription, streaming revenue disappoints
25th Jul 2024 07:08
(Sharecast News) - Shares in Universal Music Group (UMG) experienced their steepest slide since going public on Thursday, after the Amsterdam-traded company's subscription and streaming revenue growth failed to meet investor expectations.
Read moreUS close: Stocks sharply lower following Q2's first big-name tech earnings
24th Jul 2024 21:43
(Sharecast News) - Wall Street stocks closed sharply lower on Wednesday after investors got their first taste of Q2 big tech earnings overnight and thumbed over a number of data points.
Read moreBank of Canada cuts rates again
24th Jul 2024 17:13
(Sharecast News) - The Bank of Canada on Wednesday cut its key policy rate for the second month in a row, as expected, and said it would trim again if inflation continued to fall.
Read moreEurope close: Shares close lower on weaker EZ surveys, luxury stocks
24th Jul 2024 16:03
(Sharecast News) - European shares closed lower on Wednesday, with luxury stocks under the pump as LVMH second-quarter sales growth missed consensus estimates and eurozone service and manufacturing surveys showing weaker readings.
Read moreDirector dealings: Jubilee Metals CEO raises stake
24th Jul 2024 15:37
(Sharecast News) - Jubilee Metals revealed on Wednesday that chief executive officer Leon Coetzer had acquired 625,000 ordinary shares in the Africa-focussed metals processor.
Read moreFTSE 250 movers: Ascential ascends; Breedon in the red
24th Jul 2024 15:25
(Sharecast News) - FTSE 250 (MCX) 21,005.10 -0.41%
Read moreUS private sector output growth picks up slightly in July
24th Jul 2024 15:15
(Sharecast News) - Private sector activity in the US held up well in July, even as factory output shrank for the first time since January, survey results revealed.
Read moreLondon close: Stocks pare some losses as UK private sector expands
24th Jul 2024 15:01
(Sharecast News) - London's stock markets ended Wednesday in negative territory, with a late recovery fueled by better-than-expected data from the UK's private sector failing to lift equities above the waterline.
Read moreBroker tips: Volution, Nexteq
24th Jul 2024 14:32
(Sharecast News) - Over at Berenberg, analysts hiked their target price on ventilation equipment business Volution to 600.0p from 500.0p on Wednesday following the group's full-year trading update.
Read moreUS open: Stocks lower following tech earnings, data
24th Jul 2024 14:18
(Sharecast News) - Wall Street stocks were firmly in the red early on Wednesday after investors got their first taste of Q2 big tech earnings overnight and thumbed over a number of data points.
Read moreFRP Advisory full-year revenue, earnings rise
24th Jul 2024 13:43
(Sharecast News) - FRP Advisory Group reported significant growth and resilience in its full-year results on Wednesday, maintaining its strategic focus on organic growth supplemented by selective acquisitions.
Read moreLondon midday: Stocks pare losses as UK data impresses
24th Jul 2024 11:42
(Sharecast News) - UK stocks were trading in the red on Wednesday but had trimmed some of their losses by lunchtime as economic data came in ahead of expectations.
Read moreEurope midday: Shares down on luxury stocks, weak PMI data
24th Jul 2024 11:36
(Sharecast News) - European shares were lower on Wednesday, with luxury stocks under the pump as LVMH second-quarter sales growth missed consensus estimates and eurozone service and manufacturing surveys showing weaker readings.
Read moreNichols lifts expectations after bumper first half
24th Jul 2024 11:21
(Sharecast News) - Soft drinks maker Nichols reported continued strong trading in its interim results on Wednesday, underpinned by the delivery of its strategic priorities, as it lifted its adjusted profit expectations for the full year.
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