News Archive
Picton Property reports stable net asset value
31st Jul 2024 11:41
(Sharecast News) - Picton Property Income reported a stable net asset value of £524.1m for the quarter ended 30 June on Wednesday, a slight decrease from £524.5m in the prior three months.
Read moreEurope midday: Stoxx holds despite rise in EZ inflation
31st Jul 2024 11:33
(Sharecast News) - European shares held gains on Wednesday as investors digested an unexpected rise in eurozone inflation and looked ahead to rate decisions from the US and UK amid another dump of corporate earnings.
Read moreDuPont hikes guidance as semiconductor demand drives strong Q2 beat
31st Jul 2024 11:20
(Sharecast News) - Shares in DuPont de Nemours were rising strongly in pre-market trade on Wednesday after the American chemicals company beat both profit and revenue estimates in its second quarter, and raised its full-year projections.
Read moreLondon midday: Stocks maintain gains ahead of Fed
31st Jul 2024 10:52
(Sharecast News) - London stocks were still firmly in the black by midday on Wednesday, underpinned by strength in the mining and energy sectors, as investors eyed the latest policy announcement from the US Federal Reserve.
Read moreJPMorgan ups Spectris to 'neutral', says risk/reward more balanced
31st Jul 2024 10:51
(Sharecast News) - JPMorgan Cazenove upgraded Spectris on Wednesday to 'neutral' from 'underweight' and lifted the price target to 2,950p from 2,750p as it said the risk/reward was now more balanced.
Read moreAsia report: Markets rally as BoJ hikes interest rates
31st Jul 2024 10:51
(Sharecast News) - Asia-Pacific markets experienced a robust rally on Wednesday, with significant gains across major indices as investors reacted to central bank decisions and economic data from China.
Read moreRicardo ends financial year with strong momentum
31st Jul 2024 10:36
(Sharecast News) - Shares in Ricardo were advancing on Wednesday the environmental and engineering consultancy said it saw a recovery in profitability in the second half, and has entered the new financial year in a strong position.
Read moreEurozone inflation rises unexpectedly to 2.6%
31st Jul 2024 10:32
(Sharecast News) - Eurozone prices increased marginally faster than anticipated in July, a development that might cause the European Central Bank (ECB) to reconsider its plans for further rate reductions.
Read moreShaftesbury Capital reports robust first-half leasing activity
31st Jul 2024 10:30
(Sharecast News) - Shaftesbury Capital reported a 1.6% increase in EPRA net tangible assets per share to 193.4p in its half-year report on Wednesday, up from 190.3p at the end of 2023.
Read moreASML surges on report US will exempt allies from China chip restrictions
31st Jul 2024 10:16
(Sharecast News) - Dutch chip equipment maker ASML surged on Wednesday following a report it will be exempt from new US rules on foreign chip equipment exports.
Read moreGerman unemployment rises more than expected in July
31st Jul 2024 10:01
(Sharecast News) - German unemployment rose more than expected in July, according to the Bundesagentur für Arbeit, as Germany's economy continues to struggle to recover from heightened energy costs, weak global orders and all-time high interest rates.
Read moreMetro Bank shares jump on upgraded guidance
31st Jul 2024 09:44
(Sharecast News) - Metro Bank shares were rocketing on Wednesday morning, after it upgraded its guidance on the back of a strong set of first-half results.
Read moreAirbus profits slump on massive space business writedown
31st Jul 2024 09:39
(Sharecast News) - European plane maker Airbus reported a steep fall in second-quarter profit after a massive write down of its space business of almost €1bn.
Read moreRathbones H1 profits surge after IW&I merger
31st Jul 2024 09:33
(Sharecast News) - Rathbones posted a jump in first-half profit and funds under management on Wednesday as it said it was ahead of its objectives following a merger with Investec Wealth & Investment (IW&I).
Read moreConduit RoE improves amid 'strong' growth in gross written premiums
31st Jul 2024 09:32
(Sharecast News) - Reinsurance business Conduit said on Wednesday that its return on equity had improved in the six months ended 30 June, driven by "strong" year-on-year growth in gross written premiums.
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