News Archive
Zigup FY revenues grow as vehicle supply improves
10th Jul 2024 09:34
(Sharecast News) - Automotive rental provider Zigup said on Wednesday that both revenues and earnings had grown in the year ended 30 April amid improving vehicle supply and a growing footprint.
Read moreRBC stays positive about PageGroup despite profit warning
10th Jul 2024 09:33
(Sharecast News) - PageGroup's profit warning this week wasn't enough to deter RBC Capital Markets from changing its 'outperform' rating on the stock, saying it expects a "sharp recovery in earnings".
Read moreUK house prices unchanged in June - Rics
10th Jul 2024 09:18
(Sharecast News) - UK house prices were unchanged in June, a closely-watched survey showed on Thursday, but optimism sparked across the sector following the general election.
Read moreAsia report: Markets mixed on inflation data, RBNZ holds rates
10th Jul 2024 09:12
(Sharecast News) - Asia-Pacific markets exhibited a mixed performance on Wednesday, with Japanese stocks achieving new peaks following the release of expected inflation data.
Read moreCiti upgrades Next, hikes target price by 40%
10th Jul 2024 08:16
(Sharecast News) - Citi has upgraded Next from 'sell' to 'neutral' and hiked its target price by 40% on the back of an improving macro environment in the UK and the retailer's cash position.
Read moreEurope open: Shares up as investors wait on more Fed signals
10th Jul 2024 08:12
(Sharecast News) - European shares opened higher on Wednesday as investors eyed the second day of testimony from US Federal Reserve boss Jerome Powell.
Read moreLondon open: Stocks rise as investors eye Powell, US inflation
10th Jul 2024 07:59
(Sharecast News) - London stocks rose in early trade on Wednesday as investors turned their attention to Federal Reserve chair Jerome Powell's second day of testimony to Congress and to this week's US inflation reading.
Read moreDirect Line unveils plans to boost growth
10th Jul 2024 07:57
(Sharecast News) - Direct Line is to put its flagship motor brand on price comparison websites for the first time, the insurer said on Wednesday, as part of a wider strategy intended to boost profits and cut costs.
Read moreGrafton revenues fall amid 'challenging' market
10th Jul 2024 07:48
(Sharecast News) - Building and DIY supplies group Grafton said revenue fell 4.4% in the first six months of the year amid challenging trading conditions as consumers held back on discretionary spending.
Read moreNew Zealand holds rates steady but notes easing inflation pressures
10th Jul 2024 07:46
(Sharecast News) - New Zealand's central bank kept interest rates steady on Wednesday for the eight straight meeting, but said it was confident inflation would return to its target range over the next six months.
Read moreThe Gym Group FY results seen at higher-end of expectations
10th Jul 2024 07:41
(Sharecast News) - Gym operator The Gym Group said on Wednesday that full-year results would likely be at the higher end of expectations following a "strong first half" performance.
Read moreLiontrust upbeat despite fall in assets
10th Jul 2024 07:32
(Sharecast News) - Liontrust Asset Management reported a fall in assets on Wednesday, but insisted it was "well placed" to benefit from an improving environment.
Read moreDiversified Energy to buy eastern Texas natural gas assets from Crescent Pass Energy
10th Jul 2024 07:29
(Sharecast News) - Diversified Energy said on Wednesday that it has agreed to buy natural gas assets from Crescent Pass Energy for about $106m (£84m).
Read moreChina inflation unexpectedly slows to 0.2%
10th Jul 2024 07:28
(Sharecast News) - Chinese inflation unexpectedly slowed in June, according to figures from the National Bureau of Statistics on Wednesday, adding to concerns that consumer demand is keeping a lid on the economic recovery.
Read moreLondon pre-open: Stocks seen up after Tuesday's losses
10th Jul 2024 07:28
(Sharecast News) - London stocks were set to rise at the open on Wednesday following losses in the previous session, as investors eyed the second and final day of Federal Reserve chair Jerome Powell's testimony to Congress.
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