News Archive

Volkswagen deliveries fall on China weakness, margin guidance cut

10th Jul 2024 11:32

(Sharecast News) - German car giant Volkswagen said vehicle deliveries inched lower in the first half as growth was held back by declines in China and the rest of Asia, just one day after it lowered its margin forecasts for the full year.

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Europe midday: Shares hold gains; SSP soars on trading update

10th Jul 2024 11:32

(Sharecast News) - European shares were higher on Wednesday as investors eyed the second day of testimony from US Federal Reserve boss Jerome Powell, while shares in travel food outlet operator SSP Group surged on an upbeat trading update,

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Johnson Service Group flags rise in half-year revenue

10th Jul 2024 11:31

(Sharecast News) - Textile service provider Johnson Service Group issued a positive trading update for the six months ended 30 June on Wednesday, anticipating revenue of £244.1m, up from £215m a year earlier.

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Mpac H1 profits 'substantially above' prior year

10th Jul 2024 11:27

(Sharecast News) - Packaging and automation solutions provider Mpac said on Wednesday that trading throughout the first half has been in line with internal expectations, with profits for the period "substantially above" the prior year.

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Impax reports fall in AUM, acquires SKY Harbor's Europe assets

10th Jul 2024 11:27

(Sharecast News) - Impax Asset Management reported a 6.8% decrease in assets under management (AUM) for its third quarter on Wednesday, and announced the acquisition of SKY Harbor Capital Management.

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London midday: Stocks push higher as airlines gain

10th Jul 2024 11:14

(Sharecast News) - London stocks had extended gains by midday on Wednesday, helped along by a strong showing from airlines, as investors turned their attention to Federal Reserve chair Jerome Powell's second day of testimony to Congress and this week's US inflation reading.

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Personal Group disposes of salary sacrifice division

10th Jul 2024 11:08

(Sharecast News) - Workforce benefits and services provider Personal Group has disposed of its salary sacrifice division for a total upfront consideration of £2.0m on a cash-free, debt-free basis.

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Cordel secures North American railroad contract

10th Jul 2024 10:57

(Sharecast News) - Artificial intelligence platform operator Cordel Group has secured a new customer contract with Genesee & Wyoming, the owner and lessor of more than 100 short line and regional freight railroads in North America.

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Corero closes out Q2 with 'significant new orders'

10th Jul 2024 10:51

(Sharecast News) - Network security specialists Corero has received "significant new orders" for its SmartWall ONE distributed denial of services protection solutions to close out the second quarter.

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Corero closes out Q2 with 'significant new orders'

10th Jul 2024 10:51

(Sharecast News) - Network security specialists Corero has received "significant new orders" for its SmartWall ONE distributed denial of services protection solutions to close out the second quarter.

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Griffin Mining reports record quarterly production results

10th Jul 2024 10:50

(Sharecast News) - Griffin Mining announced record production results for the three months ended 30 June, highlighting significant increases in ore mined and processed at its Caijiaying Mine.

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Honeywell to buy Air Products' LNG business for $1.81bn

10th Jul 2024 10:44

(Sharecast News) - Honeywell said on Wednesday that it has agreed to buy Air Products' liquefied natural gas (LNG) process technology and equipment business for $1.81bn in cash.

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Hostelworld reports solid first-half performance

10th Jul 2024 10:37

(Sharecast News) - Hostelworld Group reported a strong performance for the first half of 2024 on Wednesday, with net bookings reaching 3.7 million, a 9% year-on-year increase, driven by record performances in Asia and Central America.

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Crest Nicholson poised to back £700m Bellway bid

10th Jul 2024 10:20

(Sharecast News) - Crest Nicholson said on Wednesday that it was "minded" to recommend Bellway's revised £720m takeover offer, pushing shares in the housebuilder higher.

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M Winkworth declares Q2 dividend following H1 sales jump

10th Jul 2024 10:20

(Sharecast News) - Real estate agency franchisor M Winkworth declared a second-quarter dividend of 3.0p per share on Wednesday after seeing sales increase throughout the first half of 2024.

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