News Archive

Morgan Stanley upgrades Schroders, switches preference from DWS

18th Jul 2024 10:44

(Sharecast News) - Morgan Stanley lifted Schroders to 'overweight' from 'equalweight' on Thursday as it took a look at European asset managers and switched its preference from DWS.

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Europe midday: Shares hold gains ahead of ECB rate call

18th Jul 2024 10:34

(Sharecast News) - European shares held gains at midday on Thursday as investors turned their attention towards an interest rate decision from the European Central Bank.

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Apax X fund sells minority stake in AffiniPay

18th Jul 2024 10:25

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Asia report: Most markets fall on fresh geopolitical concerns

18th Jul 2024 10:21

(Sharecast News) - Asia-Pacific markets experienced a mostly negative performance on Thursday, driven by a significant drop in chip-related stocks following reports of the US implementing stricter export restrictions.

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Trufin subsidiary wins contract with UK specialist lender

18th Jul 2024 10:15

(Sharecast News) - Fintech business Trufin revealed on Thursday that its Satago subsidiary had won a contract with a UK-based specialist lender to provide customers with invoice financing via its proprietary lending technology.

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Evoke shares slide on mixed first half

18th Jul 2024 10:15

(Sharecast News) - Shares in Evoke were sliding on Thursday morning, after the gambling operator revealed mixed results for the first half but maintained a positive outlook in a trading update.

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Netcall delivers 'strong' FY24 performance as cloud uptake grows

18th Jul 2024 10:07

(Sharecast News) - Software firm Netcall said on Thursday that it had delivered a "strong" trading performance for the year ended 30 June, driven by increased uptake of its cloud offerings.

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Portmeirion buoyed by strong US trading, shares jump

18th Jul 2024 09:51

(Sharecast News) - Shares in Portmeirion Group rallied on Thursday, after strong trading in the US saw the ceramics manufacturer reiterate full-year guidance.

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Eurozone construction drops by steepest annual rate since 2021

18th Jul 2024 09:48

(Sharecast News) - Construction output in the eurozone declined for third month in a row in May, with the annual change showing its steepest rate of decline in more than three years, according to figures released on Thursday by Eurostat.

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Kier sees full year in line as order book jumps 7%

18th Jul 2024 09:34

(Sharecast News) - Construction firm Kier said on Thursday that full-year revenue and profit were set to be in line with market expectations as its order book hit nearly £11bn and it hailed a "strong" operational performance.

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Novartis hikes profit guidance again after stellar Q2

18th Jul 2024 09:18

(Sharecast News) - Swiss pharma titan Novartis has raised its full-year profit guidance for the second time in three months after strong sales growth and margin expansion in its second quarter.

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Qinetiq on track to meet FY guidance following 'good' Q1 performance

18th Jul 2024 09:02

(Sharecast News) - Defence technology company Qinetiq said on Thursday that it was on track to meet full-year expectations following a "good" Q1 operational performance.

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Friday preview: UK consumer, Burberry in focus

18th Jul 2024 09:00

(Sharecast News) - The market spotlight at the end of the week will be on the UK consumer.

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UK consumer confidence subdued - GfK

18th Jul 2024 08:47

(Sharecast News) - Consumer confidence remained subdued in July, a long-running survey showed on Friday, as people adopted a "wait and see" approach following the general election result.

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Europe open: Shares rise as eyes turn to ECB rate decision

18th Jul 2024 08:18

(Sharecast News) - European shares opened higher on Thursday as investors turned their attention towards an interest rate decision from the European Central Bank.

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