News Archive

WH Smith hails strong UK travel performance as FY profits rise

14th Nov 2024 07:18

(Sharecast News) - WH Smith reported a jump in full-year profit and revenue on Thursday as it hailed a particularly strong performance from the UK travel business and over the summer.

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Alfa Financial Software ups profit outlook as H1 revenues jump

14th Nov 2024 07:17

(Sharecast News) - Alfa Financial Software has raised profit guidance for the full year after reporting double-digit revenue growth in the third quarter, causing shares to rise on Thursday.

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Spirax retains outlook but warns of FX impact on annual results

14th Nov 2024 07:14

(Sharecast News) - Fluid technology and thermal solutions group Spirax has left its full-year outlook unchanged after increasing organic sales across all three of its businesses in the third quarter, but warned of a slight impact on results from currency movements.

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Burberry launched turnaround plan as sales, profits plunge

14th Nov 2024 07:02

(Sharecast News) - Shares in Burberry surged on Thursday as the luxury goods brand launched a review of the business in an "urgent" effort to turnaround its struggling fortunes after slumping to a £80m half-year loss driven by plunging sales in its key Chinese market.

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B&M reiterates full-year guidance

14th Nov 2024 07:02

(Sharecast News) - B&M European Value Retail reiterated its full-year outlook on Thursday after half-year sales ticked higher.

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US close: Stocks mixed following October CPI reading

13th Nov 2024 22:03

(Sharecast News) - Wall Street stocks delivered a mixed performance on Wednesday as market participants digested fresh inflation data.

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Europe close: Stocks end mixed despite in-line CPI data Stateside

13th Nov 2024 20:23

(Sharecast News) - European shares finished on a mixed note on Wednesday after a weak session in Asia as investors worried about the possible imposition of tariffs by the new US administration.

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Thursday preview: US producer prices, Fed's Powell in focus

13th Nov 2024 15:56

(Sharecast News) - Investors' focus on Thursday will continue to be on the inflation picture in the States.

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Broker tips: Oxford Instruments, Serco

13th Nov 2024 15:42

(Sharecast News) - Analysts at Berenberg lowered their target price on manufacturing and research company Oxford Instruments from 2,925.0p to 2,830.0p on Wednesday, citing a "strong underlying performance".

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Director dealings: Jadestone CEO snaps up shares

13th Nov 2024 15:39

(Sharecast News) - Jadestone Energy revealed on Wednesday that chief executive Alexander Blakeley had acquired 443,100 ordinary shares in the AIM-listed upstream production company.

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BioNTech to acquire China's Biotheus in $800m deal

13th Nov 2024 15:35

(Sharecast News) - German biotechnology company BioNTech announced the $800m acquisition of Chinese biotech firm Biotheus on Wednesday, in a bid to further strengthen its oncology pipeline.

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US open: Stocks mixed following October CPI reading

13th Nov 2024 15:31

(Sharecast News) - Wall Street trading got off to a mixed start on Wednesday as market participants digested fresh inflation data.

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FTSE 100 movers: ICG slides; Smiths Group up on results

13th Nov 2024 15:15

(Sharecast News) - London's FTSE 100 was down 0.3% at 8,005.49 in afternoon trade on Wednesday.

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London close: Stocks mixed as US inflation meets forecasts

13th Nov 2024 15:00

(Sharecast News) - London stocks ended with mixed results on Wednesday, as investors assessed the latest US inflation data for October, which aligned with forecasts.

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Kefi Gold launches strategic review of GMCO joint venture

13th Nov 2024 14:56

(Sharecast News) - Kefi Gold and Copper announced a strategic review of its stake in the Gold and Minerals (GMCO) joint venture in Saudi Arabia on Wednesday, which it holds with majority partner Abdulrahman Saad AlRashid & Sons (ARTAR).

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