News Archive
Global slowdown could drive oil prices below $40 - Goldman Sachs
8th Apr 2025 10:14
(Sharecast News) - Oil prices could tumble to less than $40 a barrel, Goldman Sachs warned on Tuesday, on the back of a slowing global economy and output hikes.
Read morePorsche Q1 deliveries fall as sales in China, Germany plummet
8th Apr 2025 10:12
(Sharecast News) - Porsche delivered 8% fewer vehicles in the first quarter on the back of heavy declines in sales in China and the domestic German market.
Read moreUS small business optimism drops as policy changes dampen outlook
8th Apr 2025 10:11
(Sharecast News) - Optimism levels among small businesses in the United States dropped to a five-month low in March, as Washington's new trade policies clouded the sales outlook for firms.
Read moreUK 'relatively well placed' to weather tariff shock, says Berenberg
8th Apr 2025 09:38
(Sharecast News) - Berenberg said on Tuesday that the UK was "relatively well placed to weather the tariff shock".
Read moreImpax Asset Management AuM falls amid 'highly uncertain' market conditions
8th Apr 2025 09:36
(Sharecast News) - Asset manager Impax said on Tuesday that total assets under management had fallen in Q1 amid "highly uncertain" market conditions.
Read moreBelluscura withdraws FY guidance, shares sink 40pc
8th Apr 2025 09:25
(Sharecast News) - Shares in medical device company Belluscura headed south early on Tuesday as it withdrew FY guidance in a statement regarding the potential impact of the imposition of tariffs on imports to the United States announced by Donald Trump last week.
Read moreAsia report: Markets rebound from tariff-fuelled sell-off
8th Apr 2025 09:12
(Sharecast News) - Asia-Pacific equities rebounded strongly on Tuesday, recovering from steep losses in the prior session triggered by renewed trade tensions.
Read moreBerenberg lowers target price on Impax Asset Management
8th Apr 2025 09:07
(Sharecast News) - Analysts at Berenberg lowered their target price on asset manager Impax from 440.0p to 330.0p on Tuesday as it said the group was now "navigating an uncertain market backdrop".
Read moreCheckit announces restructuring in bid to accelerate profitability
8th Apr 2025 09:06
(Sharecast News) - Checkit announced a strategic restructuring programme on Tuesday, aimed at delivering annualised cash savings of around £3m as it moved to accelerate profitability and strengthen its position in the face of economic uncertainty in its core markets.
Read moreProperty Franchise Group revenue surges as it integrates acquisitions
8th Apr 2025 09:00
(Sharecast News) - The Property Franchise Group reported a 146% increase in revenue to £67.3m for the year ended 31 December on Tuesday, following a transformational period marked by the acquisitions of Belvoir Group and GPEA.
Read moreStaffline returns to pre-tax profit in FY24
8th Apr 2025 08:57
(Sharecast News) - Recruitment firm Staffline said on Tuesday that it had returned to pre-tax profit in FY24 as revenues neared £1.0bn.
Read moreGooch & Housego flags solid first-half revenue growth
8th Apr 2025 08:55
(Sharecast News) - Gooch & Housego reported a 7.5% increase in first-half revenue on an organic, constant currency basis in an update on Tuesday, driven by robust demand in its aerospace and defence and its life sciences markets, as well as growth in fibre optic products for subsea data cable networks.
Read moreIntercede profitability improves despite fall in revenue
8th Apr 2025 08:49
(Sharecast News) - Intercede Group said in an update on Tuesday that it expects improved profitability for the year ended 31 March, despite a decline in reported revenue, as the cybersecurity software firm benefited from strong underlying trading and high operational gearing.
Read moreAlliance Pharma confident despite softer sales
8th Apr 2025 08:11
(Sharecast News) - Alliance Pharma posted weaker full-year revenues on Tuesday, but insisted it remained well-positioned for medium-term growth.
Read moreScience Group raises Ricardo stake, has 'little confidence' in board
8th Apr 2025 08:02
(Sharecast News) - Science and technology consultancy Science Group revealed on Tuesday that it had raised its stake in environmental consulting services firm Ricardo to 14.49m shares, representing approximately 20.08% of the company's total voting rights.
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