News Archive

Vodafone launches €500m share buyback

7th Aug 2024 09:25

(Sharecast News) - Vodafone has announced a share buyback programme of up €500m (£430m) to start on Wednesday and end no later than 29 November.

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Commerzbank plans big share buyback despite profit dip

7th Aug 2024 09:18

(Sharecast News) - Commerzbank, Germany's second-largest listed bank, announced a 4.8% decline in second-quarter net profit on Wednesday, reporting earnings of €538m compared to €565m in the same period last year.

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Hiscox H1 profits rise despite 'more active loss environment'

7th Aug 2024 09:15

(Sharecast News) - Lloyd's of London insurer Hiscox posted a rise in first-half pre-tax profit on Wednesday despite a "more active loss environment".

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Novo Nordisk lifts sales outlook but Q2 profits miss the mark

7th Aug 2024 09:06

(Sharecast News) - Shares in Novo Nordisk slumped in Copenhagen on Wednesday after the Danish pharma group missed forecasts with its second-quarter profits and cut its earnings guidance for the full year.

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Tritax Big Box H1 profits grow, hikes interim dividend

7th Aug 2024 09:02

(Sharecast News) - Real estate investment trust Tritax Big Box said on Wednesday that profits had grown in the six months ended 30 June, leading to a slight year-on-year hike in the group's interim dividend.

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TP ICAP reports first-half growth, launches third share buyback

7th Aug 2024 08:48

(Sharecast News) - TP ICAP reported steady growth across key metrics in its first-half results on Wednesday, as it launched its third share buyback programme valued at £30m.

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4Imprint H1 profits grow despite 'challenging market conditions'

7th Aug 2024 08:45

(Sharecast News) - Promotional products marketing group 4imprint said on Wednesday that both revenue and profits had grown in the six months ended 29 June as the group took share in "challenging market conditions".

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Quilter delivers record H1 adjusted profits

7th Aug 2024 08:27

(Sharecast News) - Wealth management firm Quilter posted record interim adjusted profits on Wednesday as net inflows bounced back amid a recovery in global equity markets throughout the half.

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Europe open: Shares rebound on Wall St rally, BoJ comments

7th Aug 2024 08:22

(Sharecast News) - European shares rallied on Wednesday on the back of a rebound on Wall Street and comments from the Bank of Japan's deputy governor, in an attempt to calm volatile markets, while a jump in German industrial production also provided a boost.

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London open: Stocks in the black; house prices in focus

7th Aug 2024 08:05

(Sharecast News) - London stocks rose in early trade on Wednesday as comments from Bank of Japan governor Shinichi Uchida calmed investors, and following the release of better-than-expected UK house price data.

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Ibstock profits, sales slump on wet UK weather

7th Aug 2024 08:04

(Sharecast News) - Brick maker and building supplies company Ibstock reported a slump in first-half profits and sales as Britain's soggy summer hit the construction industry but sounded a note of cautious optimism around medium-term prospects under the new Labour government's plans to accelerate house building, sending shares in the company higher.

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CLS H1 losses narrow, makes first letting at Artesian

7th Aug 2024 08:02

(Sharecast News) - Commercial property investment firm CLS Holdings reported mixed H1 numbers on Wednesday as it also revealed it had struck a deal for its first letting at its Artesian asset in East London.

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Tullow Oil profits jump in first half, capex scaled back

7th Aug 2024 07:58

(Sharecast News) - Tullow Oil was able to grew profits in the first half of 2024 despite a weaker top line, as the Irish oil and gas group reduced its capital expenditure budget for the full year.

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German industrial production jumps more than expected in June on auto output

7th Aug 2024 07:49

(Sharecast News) - Industrial production in Germany jumped in June, led by a partial rebound in output from the auto sector.

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UK house prices rise in July after three flat months - Halifax

7th Aug 2024 07:40

(Sharecast News) - UK house prices rose in July after three flat months, according to figures released on Wednesday by Halifax.

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