News Archive

US pre-open: Futures lower following Dow's big session

17th Jul 2024 11:42

(Sharecast News) - Wall Street futures were in the red ahead of the bell on Wednesday following big gains for the blue-chip Dow Jones in the previous session.

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Helical reports solid development and letting progress

17th Jul 2024 11:37

(Sharecast News) - Helical updated the market on its recent trading on Wednesday, reporting significant advancements in its development projects, lettings, sales, and financial performance.

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Adidas lifts full-year guidance, shares bounce

17th Jul 2024 11:36

(Sharecast News) - Shares in Adidas sparked on Wednesday, after the German firm boosted full-year guidance for the second time in three months.

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Kenmare reports decent half-year production figures

17th Jul 2024 11:27

(Sharecast News) - Titanium and zircon producer Kenmare Resources updated the market on operations at the Moma Titanium Minerals Mine in northern Mozambique on Wednesday, reporting significant year-on-year improvements in a number of key metrics.

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Europe midday: Shares lower as EZ inflation falls; Accelleron spikes on guidance

17th Jul 2024 11:03

(Sharecast News) - European shares opened lower on Wednesday as investors digested the latest UK inflation figures which came in slightly higher than forecast, dampening hopes of a rate cut from the Bank of England, while shares in Danish hearing aid company Demant tanked after a profit warning.

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Niox revenue, earnings grow in H1

17th Jul 2024 10:48

(Sharecast News) - Medical devices business Niox said on Wednesday that both revenues and underlying earnings had grown in the six months ended 30 June.

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London midday: Stocks steady as investors mull inflation reading

17th Jul 2024 10:47

(Sharecast News) - London stocks were flat by midday on Wednesday as UK inflation fell a touch less than expected and services inflation remained sticky, dampening hopes of a rate cut in August.

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EZ June inflation confirmed at 2.5%

17th Jul 2024 10:16

(Sharecast News) - Inflation in the eurozone fell to 2.5% in June from 2.6% in May, in line with the flash estimate published on July 2, according to official data published on Wednesday.

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Body Shop to be bought out of administration

17th Jul 2024 10:07

(Sharecast News) - A consortium backed by British tycoon Mike Jatania has agreed to buy The Body Shop International out of administration, it was announced on Wednesday.

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Body Shop to be bought out of administration

17th Jul 2024 10:07

(Sharecast News) - A consortium backed by British tycoon Mike Jatania has agreed to buy The Body Shop International out of administration, it was announced on Wednesday.

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Oxford Biomedica appoints new finance chief

17th Jul 2024 09:51

(Sharecast News) - Cell and gene therapy contract development and manufacturing organisation (CDMO) Oxford Biomedica announced the appointment of Lucinda 'Lucy' Crabtree as its new chief financial officer and a member of the board on Wednesday.

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Asia report: Markets mixed as Japan manufacturing confidence rises

17th Jul 2024 09:43

(Sharecast News) - Asia-Pacific markets displayed a mixed performance on Wednesday, with Australia's benchmark surging to an all-time high, buoyed by strong performances in several key sectors.

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Pernod Ricard to sell international wine brands to Accolade Wines owner

17th Jul 2024 09:38

(Sharecast News) - Pernod Ricard said on Wednesday that it has agreed to sell its international strategic wine brands to Australian Wine Holdco Limited (AWL), a consortium of international institutional investors and owner of Accolade Wines.

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VF offloads Supreme to EssilorLuxottica for $1.5bn

17th Jul 2024 09:28

(Sharecast News) - Vans, Timberland and North Face owner VF Corp is selling Supreme to EssilorLuxottica for $1.5bn, just four years after the apparel conglomerate bought the streetwear brand for $2.1bn.

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RBC cuts Legal & General to 'sector perform'

17th Jul 2024 09:09

(Sharecast News) - RBC Capital Markets has downgraded Legal & General from 'outperform' to 'sector perform', saying that the pension risk transfer (PRT) market has "los[t] some of its lustre".

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