News Archive

London midday: FTSE rises as jobless claims calm nerves

9th Aug 2024 10:44

(Sharecast News) - London stocks were still in the black by midday on Friday as stronger-than-expected jobless claims numbers eased concerns about the US economy.

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CMO Group confident despite challenging first half

9th Aug 2024 10:42

(Sharecast News) - Online building materials retailer CMO Group said in an update on Friday that it experienced a challenging first half, with sales falling to £30.3m from £36.9m a year earlier.

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Getech raising extra £0.2m through retail offer

9th Aug 2024 10:36

(Sharecast News) - Getech Group announced a retail offer on Friday, aiming to raise up to £0.2m to help strengthen its balance sheet.

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US pre-open: Futures little changed following yesterday's solid gains

9th Aug 2024 10:28

(Sharecast News) - Wall Street futures were only slightly higher ahead of the bell on Friday after market participants bought the dip in the previous session.

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Kinovo receives direct awards following addition to NHMF framework

9th Aug 2024 10:12

(Sharecast News) - Property services group Kinovo said on Friday that it has received "a number of direct awards" from new clients following its successful placing on the National Housing Maintenance Forum's framework for Planned Maintenance, Net Zero Carbon and Passive Fire Safety Works.

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Oncimmune secures new contract win with 'top ten' global pharma company

9th Aug 2024 09:59

(Sharecast News) - Autoantibody profiling business Oncimmune said on Friday that it had secured a new contract win with a "top ten global pharma company".

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Citi cuts Fever-Tree price target, keeps 'neutral' rating

9th Aug 2024 09:58

(Sharecast News) - Citi cut its price target on Fever-Tree on Friday to 950p from 1,115p citing slight model changes and an adjustment to its price-to-earnings valuation method.

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Berenberg slashes target price on Spirax Group

9th Aug 2024 09:46

(Sharecast News) - Analysts at Berenberg slashed their target price on engineering firm Spirax Group from 9,800.0p to 8,150.0p on Friday following the group's "slightly underwhelming" set of interim results.

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The Renewables Infrastructure Group net asset value falls in H1

9th Aug 2024 09:18

(Sharecast News) - Investment trust The Renewables Infrastructure Group said on Friday that its net asset value had fallen in the six months ended 30 June as lower prices and soft energy generation impacted its overall performance.

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Asia report: Most markets finish turbulent week higher

9th Aug 2024 08:47

(Sharecast News) - Asia-Pacific markets closed higher on Friday, following a rebound on Wall Street that lifted investor sentiment after a week of volatility.

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Europe open: Stoxx rebounds on Wall St, US data

9th Aug 2024 08:06

(Sharecast News) - European shares opened higher on Friday at the end of a volatile week after a positive session on Wall Street overnight, as better-than-expected jobless claims eased worries about the US economy that sparked a selloff on Monday.

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London open: Stocks gain as US jobless claims allay fears

9th Aug 2024 07:51

(Sharecast News) - London stocks gained in early trade on Friday following a positive session on Wall Street, as stronger-than-expected jobless claims numbers eased concerns about the US economy.

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China CPI ticks up more than expected in July

9th Aug 2024 07:48

(Sharecast News) - Consumer price inflation accelerated more than expected in July, according to figures released on Friday by the National Bureau of Statistics.

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German inflation confirmed at 2.6% in July

9th Aug 2024 07:47

(Sharecast News) - German inflation rose to 2.6% in July, according to official data published on Friday, confirming flash data.

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TBC Bank upbeat on solid first-half results

9th Aug 2024 07:38

(Sharecast News) - Georgia-based TBC Bank reported robust second-quarter and first-half results on Friday, with significant year-on-year growth in profits and returns on equity (ROE).

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