News Archive

NCC to sell Fox Crypto business for €77m

2nd Aug 2024 09:12

(Sharecast News) - NCC surged on Friday after it announced the sale of its non-core Fox Crypto business for around €77m (£65.4m).

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Virgin Money lending nudges lower ahead of Nationwide takeover

2nd Aug 2024 08:48

(Sharecast News) - Virgin Money reported a dip in third-quarter customer lending and mortgages on Friday ahead of its takeover by Nationwide.

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ITM Power flags narrower loss than expected in 2024

2nd Aug 2024 08:35

(Sharecast News) - ITM Power updated its guidance for the financial year ended 30 April on Friday, with an improved EBITDA outlook.

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London open: FTSE falls as investors eye payrolls report

2nd Aug 2024 08:15

(Sharecast News) - London stocks fell in early trade on Friday as weak data raised fears about the US economy, and ahead of the release of the all-important non-farm payrolls report.

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Europe open: Selloff continues after weak US data

2nd Aug 2024 07:52

(Sharecast News) - European shares were sharply lower again as markets opened on Friday, after weak US manufacturing data sparked a global selloff.

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GSK's endometrial cancer drug gets expanded US approval

2nd Aug 2024 07:34

(Sharecast News) - GSK said the US Food and Drug Administration has approved its Jemperli treatment in combination with chemotherapy and then use on its own for adult patients with primary advanced or recurrent endometrial cancer.

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Citi adds Ryanair to 'Europe Focus List'

2nd Aug 2024 07:31

(Sharecast News) - Citi added Ryanair to its 'Europe Focus List' on Friday and opened a 90-day 'positive short-term view'.

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London pre-open: Stocks to fall on Asian losses, ahead of payrolls

2nd Aug 2024 07:28

(Sharecast News) - London stocks were set to fall at the open on Friday following heavy losses in Asia, as investors eyed the latest US non-farm payrolls report.

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Friday newspaper round-up: Morrisons, JLR, Intel

2nd Aug 2024 07:21

(Sharecast News) - Morrisons is testing out raising the temperature of its freezers by 3C in the first move by a UK supermarket to depart from a long-held industry standard, in order to save energy and money. The Bradford-based chain said it would increase the temperature on appliances in 10 of its stores to -15C from -18C, the industry standard set almost 100 years ago and left unchanged. - Guardian

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IAG posts 'strong' 1H results, resumes dividends

2nd Aug 2024 07:19

(Sharecast News) - IAG described its performance during the first half of 2024 as "strong" and announced the restart of dividend payments.

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Intertek lifts dividend after first-half growth

2nd Aug 2024 07:18

(Sharecast News) - Intertek reported a solid first-half financial performance on Friday, achieving double-digit growth in operating profit, earnings per share, and free cash flow.

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Berenberg hikes target price on Coats following H1 numbers

2nd Aug 2024 07:16

(Sharecast News) - Analysts at Berenberg raised their target price on thread and structural components manufacturer Coats Group from 100.0p to 120.0p on Friday as it said the group was "knitting it all together" during H1.

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Wizz Air July passenger numbers fall as more A321 aircraft grounded

2nd Aug 2024 07:03

(Sharecast News) - Budget carrier Wizz Air reported a fall in operated capacity and passenger numbers in July due to engine-related groundings of some of its Airbus 321neo fleet of aircraft.

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US close: Stocks sharply lower as recession fears resurface

1st Aug 2024 21:29

(Sharecast News) - Wall Street stocks closed sharply lower on Thursday as recessionary fears resurfaced.

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IAG abandons pursuit of Air Europa

1st Aug 2024 17:04

(Sharecast News) - British Airways and Iberia owner IAG said on Thursday that it had terminated its agreement to buy Air Europa as it would not be in the best interests of shareholders "in the current regulatory environment".

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