News Archive
ITM Power FY revenues more than triple, guidance disappoints
15th Aug 2024 07:59
(Sharecast News) - Energy storage and clean fuel company ITM Power said on Thursday that revenues had more than tripled in the 12 months ended 30 April.
Read moreUBS to liquidate Credit Suisse real estate fund
15th Aug 2024 07:42
(Sharecast News) - UBS said on Thursday that it will liquidate a real estate fund inherited when it took over Credit Suisse which is valued at more than $2bn.
Read moreChina retail sales rise but industrial production misses estimates
15th Aug 2024 07:35
(Sharecast News) - Retail sales in China rose more than expected last month but industrial production was below forecasts, official data showed on Thursday.
Read moreUK economy grows 0.6% in second quarter
15th Aug 2024 07:32
(Sharecast News) - The UK economy grew 0.6% in the second quarter, down slightly on 0.7% growth in the first quarter but in line with expectations, according to data released on Thursday by the Office for National Statistics.
Read moreUK economy grows 0.6% in second quarter
15th Aug 2024 07:32
(Sharecast News) - The UK economy grew 0.6% in the second quarter, down slightly on 0.7% growth in the first quarter but in line with expectations, according to data released on Thursday by the Office for National Statistics.
Read moreLondon pre-open: Stocks seen up as investors mull GDP data
15th Aug 2024 07:29
(Sharecast News) - London stocks were set to rise at the open on Thursday following a positive close on Wall Street, as investors mulled the latest UK GDP figures.
Read moreThursday newspaper round-up: Wiz, Port Talbot, John Lewis
15th Aug 2024 07:19
(Sharecast News) - Cybersecurity firm Wiz, which last month rejected a $23bn (£18bn) takeover bid from Google's parent company, Alphabet, is to open a European headquarters in London - a move that is a major shot in the arm for the UK's aspiration to be a global tech hub. The new office, the company's first in Europe, will be run by co-founder and research and development head, Roy Reznik, who is relocating from Israel to the UK capital to underscore the company's business ambitions in the region. - Guardian
Read moreWoodside updates cost expectations ahead of first-half results
15th Aug 2024 07:18
(Sharecast News) - Woodside flagged anticipated first-half production costs of $710m to $780m in an update on Thursday, with royalties, excise and levies expected to amount to $180m to $210m.
Read moreJudges Scientific acquires Teer Coatings in £12m deal
15th Aug 2024 07:15
(Sharecast News) - Specialist scientific instrument investor Judges Scientific announced the acquisition of Magsputter, the holding company of Teer Coatings, on Thursday.
Read moreAdmiral pays out special divi as interim profits surge
15th Aug 2024 07:04
(Sharecast News) - Shares in Admiral surged on Thursday as the UK insurance group posted a better-than-expected 32% rise in half-year pre-tax profits to £310m, driven by an improved current year underwriting performance and claims releases.
Read moreUS close: Stocks higher following July CPI reading
14th Aug 2024 22:14
(Sharecast News) - Wall Street stocks closed higher on Wednesday as market participants digested key inflation data.
Read moreEurope close: Stocks rise after slightly softer-than-expected US CPI
14th Aug 2024 17:22
(Sharecast News) - European shares posted solid gains on Wednesday following the release of slightly weaker-than-expected US consumer price data for the month of July.
Read moreCanaccord Genuity stays at 'buy' on Beeks Financial Cloud
14th Aug 2024 16:31
(Sharecast News) - Canaccord Genuity stood by its 'buy' rating and 260.0p target price on software and services firm Beeks Financial Cloud on Wednesday following a fresh update from the group.
Read moreThursday preview: US retail sales, ITM Power in the spotlight
14th Aug 2024 15:30
(Sharecast News) - Investors' focus on Thursday will be on a raft of US economic data which may be even more closely scrutinised than usual as the central bank's mid-September meeting approaches.
Read moreDirector dealings: Oxford Instruments CFO makes share sale
14th Aug 2024 15:24
(Sharecast News) - Oxford Instruments revealed on Wednesday that chief financial officer Gavin Hill had disposed of 28,071 ordinary shares in the London-listed manufacturing and research company.
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