News Archive

Alfa Financial Software confident after decent first-half

24th Jul 2024 11:10

(Sharecast News) - Alfa Financial Software said in an update on Wednesday that during the second quarter, it continued a strong operational performance, with six customer deliveries building on the seven deliveries from the first quarter.

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US pre-open: Futures lower following first batch of Q2 tech earnings

24th Jul 2024 11:09

(Sharecast News) - Wall Street futures were pointing to losses ahead of the bell on Wednesday after investors got their first taste of Q2 big tech earnings overnight.

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Deutsche Bank halts buyback plan as H1 profits sink

24th Jul 2024 10:57

(Sharecast News) - Deutsche Bank shares tanked on Wednesday after the German bank paused its share buyback programme amid a sharp decline in first-half profits following a big charge relating to its 2010 takeover of Postbank.

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Greencore shares up as FY forecasts lifted

24th Jul 2024 10:56

(Sharecast News) - Shares in Greencore rose on Wednesday as the Ireland based convenience food company upgraded full-year earnings guidance as it reported a rise in revenue and continued improvement in profit conversion.

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Aston Martin flags big second-half recovery in interim results

24th Jul 2024 10:55

(Sharecast News) - Shares in Aston Martin Lagonda were in the green on Wednesday morning, after it reiterated its 2024 guidance in its half-year results, including positive free cash flow in the second half.

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Learnings Technologies H1 revenues down, EBITDA up

24th Jul 2024 10:55

(Sharecast News) - Digital learning specialist Learning Technologies warned on Wednesday that its core market remained "subdued" during H1 but said margin improvements helped boost earnings throughout the period.

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Expanded Breedon Group posts strong first half

24th Jul 2024 10:31

(Sharecast News) - Construction materials group Breedon reported a robust first-half performance on Wednesday despite challenging market conditions, driven by strategic progress and operational efficiency.

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Asia report: Markets follow Wall Street into the red

24th Jul 2024 10:29

(Sharecast News) - Asia-Pacific markets faced declines on Wednesday as investors evaluated business activity data from Japan and Australia.

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Primary Health Properties adjusted earnings rise, asset value narrows

24th Jul 2024 10:27

(Sharecast News) - Primary Health Properties reported a 2.9% increase in adjusted earnings per share in its interim results on Wednesday, now at 3.5p, compared to 3.4p for the same period in 2023.

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UK private sector expands as new business growth accelerates

24th Jul 2024 10:19

(Sharecast News) - Private-sector activity in the UK has expanded for the ninth straight month, with new business growth at its highest level in more than a year, according to the composite purchasing managers' index (PMI) released on Wednesday by S&P Global.

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Berenberg raises target price on Volution

24th Jul 2024 10:04

(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.

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LBG Media H1 earnings more than double YOY

24th Jul 2024 09:55

(Sharecast News) - Digital entertainment business LBG Media said on Wednesday that both earnings and revenues had surged in the six months ended 30 June, leaving it confident of its ability to meet full-year expectations.

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Canaccord Genuity lowers target price on Nexteq

24th Jul 2024 09:33

(Sharecast News) - Analysts at Canaccord Genuity lowered their target price on B2B technology group Nexteq from 300.0p to 200.0p on Wednesday despite "strong margins and cash", noting that destocking persisted.

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Corero Network Security expects positive H1 EBITDA performance

24th Jul 2024 09:26

(Sharecast News) - Software specialist Corero Network Security expects to report a positive EBITDA performance for H1 following "strong trading" throughout the period.

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Shield Therapeutics net sales grow in Q2, CEO stands down

24th Jul 2024 09:15

(Sharecast News) - Commercial-stage pharmaceutical company Shield Therapeutics said on Wednesday that total net sales had grown in Q2, driven by "robust" increases in prescriptions and higher net selling prices.

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