News Archive
Bernstein downgrades Ocado to 'underperform', slashes price target
15th Jul 2024 09:21
(Sharecast News) - Bernstein downgraded Ocado on Monday to 'underperform' from 'outperform' and slashed the price target to 250p from 1,000p, "having been one of the last bulls standing".
Read moreConcurrent H1 revenues grow, PBT doubles
15th Jul 2024 09:11
(Sharecast News) - Computer products manufacturer Concurrent Technologies said on Monday that it was "well positioned" to deliver full-year results that were in line with expectations as it reported interim growth in both revenue and earnings.
Read moreCohort subsidiary inks sizeable contract with NCI Agency
15th Jul 2024 08:58
(Sharecast News) - Technology group Cohort subsidiary EID has inked a sizeable contract with the NATO Communications and Information Agency.
Read moreBango swings to H1 underlying profit amid ARR growth
15th Jul 2024 08:50
(Sharecast News) - Payment technology business Bango said on Monday that it had swung to an underlying profit in the six months ended 30 June, partly due to a significant jump in annual recurring revenues.
Read moreSpectra Systems scores lottery contract renewal
15th Jul 2024 08:41
(Sharecast News) - Banknote authentication specialist Spectra System has again been selected to provide lottery gaming software to "a major western state lottery" in the US.
Read moreSwatch shares sink as profits plunge on weak Chinese demand
15th Jul 2024 08:37
(Sharecast News) - Swatch Group's share price plunged by more than a tenth on Monday morning after the high-end watch and jewellery maker reported a larger-than-expected drop in first-half profits as demand was affected by the ongoing luxury market slowdown in China.
Read moreEurozone industrial production falls less than expected
15th Jul 2024 08:36
(Sharecast News) - Industrial production in the eurozone fell for the first time in four months in May, according to data from Eurostat on Monday, though the decline wasn't as bad as economists had feared.
Read moreEurope open: Shares down on weak China GDP; Ocado, Burberry tank
15th Jul 2024 08:08
(Sharecast News) - European shares opened lower on Monday, as traders analysed the impact of the attempted assassination of US presidential candidate Donald Trump on markets, along with weak China GDP data.
Read moreMediazest secures £500,000 of new business in H1
15th Jul 2024 08:05
(Sharecast News) - Audio-visual solutions provider Mediazest said on Monday that it had secured an additional £500,000 worth of new business orders over the past two months.
Read moreLondon open: Stocks fall after disappointing China data, Burberry profit warning
15th Jul 2024 07:54
(Sharecast News) - London stocks fell in early trade on Monday following disappointing Chinese GDP figures and a profit warning from Burberry.
Read moreRobert Walters says tough macro conditions lasting longer than expected
15th Jul 2024 07:48
(Sharecast News) - Recruitment company Robert Walters saw a continued decline in net fee income in it second quarter as it continues to battle with "muted" client and candidate confidence, saying that challenging market conditions are lasting longer than initially expected.
Read moreAntler sells entire stake in Baltic Classifieds
15th Jul 2024 07:32
(Sharecast News) - Baltic Classifieds said on Monday after Antler, which is controlled by funds advised by Apax, has sold off its remaining 13% stake in the company in a placing.
Read moreLondon pre-open: Stocks seen weaker after disappointing Chinese GDP
15th Jul 2024 07:30
(Sharecast News) - London stocks were set to fall at the open on Monday as investors digested disappointing Chinese GDP figures.
Read moreMonday newspaper round-up: Lloyds Banking, Sky News, Hotel Chocolat
15th Jul 2024 07:21
(Sharecast News) - A solar energy project developer linked to Thames Water is to be liquidated and its staff made redundant as the crisis engulfing the debt-laden water supplier puts strain on its complex corporate structure. Trinzic Operations Ltd, which is ultimately owned by Thames's parent company Kemble Water Holdings, is to be voluntarily shut down, the Guardian can reveal. - Guardian
Read moreMonday newspaper round-up: Lloyds Banking, Sky News, Hotel Chocolat
15th Jul 2024 07:21
(Sharecast News) - A solar energy project developer linked to Thames Water is to be liquidated and its staff made redundant as the crisis engulfing the debt-laden water supplier puts strain on its complex corporate structure. Trinzic Operations Ltd, which is ultimately owned by Thames's parent company Kemble Water Holdings, is to be voluntarily shut down, the Guardian can reveal. - Guardian
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