News Archive
Berenberg downgrades Babcock to 'hold'
18th Jul 2024 08:08
(Sharecast News) - Berenberg downgraded Babcock on Thursday to 'hold' from 'buy', pointing to the fact the shares have re-rated since it initiated coverage in 2022 and now adequately price in the benefits of the company's strategic turnaround.
Read moreFranchise Brands flags steady first-half performance
18th Jul 2024 08:04
(Sharecast News) - Franchise Brands reported a steady performance in a trading update on Thursday, confirming that it was on track to meet market expectations for 2024.
Read moreAJ Bell upbeat after 'strong' third quarter
18th Jul 2024 08:04
(Sharecast News) - Shares in AJ Bell sparked in morning trading on Thursday, after the investment platform saw both customer numbers and inflows jump.
Read moreCentamin completes Sukari waste stripping programme ahead of schedule
18th Jul 2024 08:03
(Sharecast News) - Gold miner Centamin said on Thursday that it Capital Ltd has completed its 120.0m tonne four-year contract waste stripping programme at its Sukari mine in Egypt ahead of schedule.
Read moreIDS Q1 revenues rise 8.4% on strong parcel demand, UK postal votes
18th Jul 2024 08:02
(Sharecast News) - Royal Mail owner International Distribution Services said first-quarter revenues rose 8.2% driven by strong parcel demand and more postal votes during the recent UK general election.
Read moreLondon open: Frasers Group paces gains as investors mull jobs data
18th Jul 2024 07:57
(Sharecast News) - London stocks rose in early trade on Thursday as investors mulled the latest UK jobs data, with Frasers Group pacing the advance after well-received results.
Read moreDarktrace reports continued strong top-line growth ahead of Thoma Bravo takeover
18th Jul 2024 07:53
(Sharecast News) - Cybersecurity group Darktrace saw continued double-digit top-line growth in its fourth quarter, helped by decent customer growth and strong retention rates.
Read moreUK wage growth eases, vacancies fall
18th Jul 2024 07:42
(Sharecast News) - UK wages grew at their slowest pace in nearly two years in the three months to May, according to figures released on Thursday by the Office for National Statistics.
Read moreReal estate group PRS reports strong Q4 performance
18th Jul 2024 07:41
(Sharecast News) - Private rented sector-focused real estate group PRS REIT said its portfolio performed "very strongly" over the final quarter of its financial year, with occupancy and rent collections at very high levels and arrears remaining low.
Read moreDiploma holds guidance as revenues rise
18th Jul 2024 07:40
(Sharecast News) - Distribution group Diploma on Thursday held guidance as revenue grew 13% in the nine months to June 30.
Read moreLondon pre-open: Stocks to rise as investors mull UK jobs data
18th Jul 2024 07:35
(Sharecast News) - London stocks were set to rise at the open on Thursday as investors mulled the latest UK jobs data.
Read moreQuarterly sales jump at Premier Foods
18th Jul 2024 07:35
(Sharecast News) - Premier Foods posted a jump in first-quarter sales on Thursday, boosted by strong demand overseas for Mr Kipling cakes.
Read moreBig Yellow Q1 revenues rise on local demand
18th Jul 2024 07:25
(Sharecast News) - Self-storage specialist Big Yellow reported a rise in like-for-like revenue for the first quarter, despite a slight fall in occupancy, as demand momentum continued.
Read more3i Group makes solid start as Q1 NAV rises 4%
18th Jul 2024 07:21
(Sharecast News) - Private equity and infrastructure investment firm 3i Group said it had an "encouraging start" to the new financial year, with net asset value (NAV) rising 4% over the first quarter.
Read moreThursday newspaper round-up: Aslef, unemployment, Microsoft
18th Jul 2024 07:21
(Sharecast News) - The co-founders of Silicon Valley's most prominent venture capital firm have announced their support for Donald Trump's bid for re-election, and plan to make substantial donations to back him further. Ben Horowitz and Marc Andreessen, the heads of Andreessen Horowitz, commonly known as A16Z, revealed their plans in a sprawling 90-minute podcast, in which they argued that the future of "American innovation" required a Trump victory. - Guardian
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