News Archive
Qinetiq ups buyback by £50m after solid first half
14th Nov 2024 08:58
(Sharecast News) - Shares in Qinetiq dipped on Thursday despite the aircraft engineering company delivering first-half results in line with expectations and announcing a new £50m buyback.
Read moreKeller on track for full year but Europe markets weak
14th Nov 2024 08:55
(Sharecast News) - Keller said on Thursday that it remained on track to deliver a full-year performance in line with expectations as it announced the appointment of a new chairman, but shares in the geotechnical specialist contractor slumped as it pointed to weak activity levels in Europe.
Read morePetershill partially sells Accel-KKR stake for $282m
14th Nov 2024 08:39
(Sharecast News) - Petershill Partners announced the partial sale of its stake in Accel-KKR (AKKR) on Thursday, generating a nominal consideration of $282m.
Read moreHouse prices continue to climb - Rics
14th Nov 2024 08:35
(Sharecast News) - UK house prices continued to rise in October, a closely-watched survey showed on Thursday, as the market benefited from lower borrowing costs.
Read moreEurope open: Stoxx up as investors mull US rate cut hopes
14th Nov 2024 08:07
(Sharecast News) - European markets rallied on Thursday as investors digested US inflation data and a raft of corporate earnings.
Read moreFirstGroup shares jump as 2025 outlook lifted
14th Nov 2024 08:06
(Sharecast News) - Shares in FirstGroup jumped on Thursday as the bus and rail operator said it was buying back an extra £50m in shares and lifted its full-year forecast after a strong performance in the first half of the year.
Read more3i Group delivers 'good financial performance' during H1
14th Nov 2024 08:03
(Sharecast News) - Private equity and venture capital firm 3i Group said on Thursday that it had delivered a "good financial performance" for the six months ended 30 September.
Read moreLondon open: Stocks flat ahead of US PPI; Burberry surges
14th Nov 2024 07:57
(Sharecast News) - London stocks were steady in early trade on Thursday as investors sifted through a raft of corporate news and looked ahead to another US inflation reading.
Read moreUnited Utilities ups dividend as first-half revenues top £1bn
14th Nov 2024 07:53
(Sharecast News) - FTSE 100-listed water company United Utilities saw revenues top the £1bn mark in its first half after a "robust" performance, though headline profits dropped due to a higher net finance expense.
Read morePremier Foods sales rise as easing inflation allows customers a 'treat'
14th Nov 2024 07:48
(Sharecast News) - Premier Foods reported higher first-half revenues and profits as easing inflation allowed consumers to "treat themselves more" to its range of products.
Read moreAviva delivers confident outlook after strong Q3 growth
14th Nov 2024 07:38
(Sharecast News) - Insurance giant Aviva hailed a "very strong" performance in the third quarter, with double-digit gains in general insurance premiums, life insurance and retirement sales, and wealth net flows.
Read moreLondon pre-open: Stocks to edge down; US PPI in focus
14th Nov 2024 07:30
(Sharecast News) - London stocks were set to edge lower at the open on Thursday as investors eyed a slew of corporate releases and another US inflation reading.
Read moreBoohoo faces boardroom battle as losses balloon, raises £39m
14th Nov 2024 07:28
(Sharecast News) - Boohoo Group confirmed it had raised £39m on Thursday, after half-year losses at the fast fashion retailer swelled.
Read moreGSK's Blenrep shows strong survival benefit in myeloma study
14th Nov 2024 07:26
(Sharecast News) - GSK reported positive results from its phase three 'DREAMM-7' trial on Thursday, highlighting a significant overall survival benefit for 'Blenrep', or belantamab mafodotin, in patients with relapsed or refractory multiple myeloma.
Read moreThursday newspaper round-up: Homebase, P&O Ferries, Boohoo
14th Nov 2024 07:22
(Sharecast News) - The struggling DIY chain Homebase has collapsed into administration, leaving thousands of workers facing an uncertain future, despite the purchase of the bulk of its stores by the owner of The Range homeware retailer. Gavin Park, Gavin Maher and Adele Macleod from the financial advisory firm Teneo were appointed as joint administrators of Homebase's owners, HHGL Limited and Hampden Group Limited. - Guardian
Read more