News Archive
German economic outlook deteriorates for first time in a year - ZEW
16th Jul 2024 10:52
(Sharecast News) - The economic outlook in Germany deteriorated in July for the first time in a year, according to a survey released on Tuesday by the ZEW Center for European Economic Research in Mannheim.
Read moreSosandar delivers 'robust' FY24 performance
16th Jul 2024 10:07
(Sharecast News) - Clothing brand Sosandar said on Tuesday that it had delivered a "robust" FY24 performance, with a continued focus on margins, profitability and cash generation.
Read morePetra predicts "modest" diamond market recovery next year
16th Jul 2024 09:55
(Sharecast News) - South Africa-focused diamond miner Petra Diamonds saw shares rise on Tuesday after it reported that carats sold increased by more than a third in the year to 30 June, as it predicted a "modest recovery" in the diamond market in 2025.
Read moreOfwat expands sewage investigation to all wastewater companies in England and Wales
16th Jul 2024 09:47
(Sharecast News) - Ofwat announced on Tuesday that it was expanding its investigation into how water companies manage their wastewater treatment works and networks to include United Utilities and Severn Trent.
Read moreBloomsbury delivers 'strong' YTD performance
16th Jul 2024 09:35
(Sharecast News) - Publishing house Bloomsbury said on Tuesday that it had delivered a "strong performance" over the first four months of its trading year, in line with recently upgraded expectations.
Read moreMcBride underwhelms with full-year profit guidance, shares drop
16th Jul 2024 09:19
(Sharecast News) - Shares in McBride dropped on Tuesday, pulling back after an impressive surge so far this year, as the cleaning goods manufacturer underwhelmed with annual profit guidance in a pre-close trading update.
Read moreExperian Q1 revenues grow, COO steps down
16th Jul 2024 09:13
(Sharecast News) - Credit reporting company Experian shares traded lower on Tuesday after the announcement of its chief operating officer's departure offset news that revenues had grown in the three months ended 30 June.
Read moreAsia report: Markets make modest gains after Powell speech
16th Jul 2024 09:04
(Sharecast News) - Markets in the Asia-Pacific region closed mostly higher on Tuesday as investors digested comments from US Federal Reserve chair Jerome Powell.
Read moreHugo Boss downgrades expectations amid China, UK weakness
16th Jul 2024 09:03
(Sharecast News) - Shares in German fashion house Hugo Boss were sliding on Tuesday morning, after the company downgraded its sales and earnings projections for the year amid diminished consumer demand, particularly in China and the UK.
Read moreEurozone trade surplus unexpectedly shrinks
16th Jul 2024 09:03
(Sharecast News) - The Eurozone's trade surplus unexpectedly shrank in May, falling to its lowest level in four months, according to figures released on Tuesday by Eurostat.
Read moreRichemont sales flat as weak China demand weighs on luxury sector
16th Jul 2024 09:03
(Sharecast News) - Cartier owner Richemont said sales were flat in the three months to the end of June as it became the latest luxury goods to be hit by a heavy fall in Chinese demand.
Read moreIntermediate Capital Group posts higher-than-expected total Q1 AuM
16th Jul 2024 09:02
(Sharecast News) - Intermediate Capital Group raised more funds than expected at the start of its fiscal year amid "elevated" transaction activity.
Read moreWednesday preview: UK CPÎ, euro area CPI in the spotlight
16th Jul 2024 08:52
(Sharecast News) - The market spotlight in the middle of the week will shift back towards the UK and the release of the consumer price report for the month of June.
Read moreEurope open: Shares lower despite dovish Powell; Hugo Boss tanks
16th Jul 2024 08:42
(Sharecast News) - European shares opened lower on Tuesday as investors digested dovish remarks from US Federal Reserve chair Jerome Powell on interest rates, while shares in Hugo Boss fell sharply as the German fashion house cut annual sales guidance.
Read moreRBC Capital starts Auction Technology at 'sector perform'
16th Jul 2024 08:19
(Sharecast News) - RBC Capital Markets started coverage of Auction Technology on Tuesday with a 'sector perform' rating and a 540p price target.
Read more