News Archive
Design and installation segment weighs on Wickes H1 revenues
31st Jul 2024 09:16
(Sharecast News) - Wickes posted a drop in first-half group revenue on Wednesday as it was hit by "challenging" conditions in its design and installation division.
Read moreReach shares jump as guidance held on ad boost from Euros, Taylor Swift tour
31st Jul 2024 09:09
(Sharecast News) - Shares in Daily Mirror publisher Reach jumped on Wednesday as the company said it was on track to meet annual guidance after the European football championship, Taylor Swift's Eras Tour and the UK General Election boosted advertising revenues.
Read moreFDM slashes dividend as first-half profits halve
31st Jul 2024 08:48
(Sharecast News) - IT consulting group FDM slashed its interim dividend after profits halved in the first half on the back of ongoing touch market conditions, but said that full-year results should still be in line with current forecasts.
Read moreJust Eat H1 core profit rises, €150m share buyback launched
31st Jul 2024 08:29
(Sharecast News) - Just Eat backed its guidance for 2024 on Wednesday as it posted a more than 40% increase in first-half core profit and announced a new €150m share buyback programme.
Read moreFerrexpo H1 profits more than double
31st Jul 2024 08:13
(Sharecast News) - Ukraine-focussed mining firm Ferrexpo shares traded higher on Wednesday after the London-listed group revealed interim profits had more than doubled.
Read moreEurope open: Shares march on ahead of rate calls; JDE Peet's surges
31st Jul 2024 08:13
(Sharecast News) - European shares continued to rally on Wednesday as investors looked ahead to eurozone inflation data, rate decisions from the US and UK amid another dump of corporate earnings.
Read moreLondon open: Stocks gain ahead of Fed announcement
31st Jul 2024 07:55
(Sharecast News) - London stocks rose sharply in early trade on Wednesday, underpinned by strength in the mining and energy sectors, as investors eyed the latest policy announcement from the US Federal Reserve.
Read moreDiageo's sell-off marks attractive buying opportunity, says Citi
31st Jul 2024 07:53
(Sharecast News) - Diageo's stock was attempting a rebound on Wednesday after a sell-off the previous session as its full-year results disappointed, but that didn't stop Citi from reiterating its 'buy' recommendation on the stock.
Read moreFresnillo hit by cyber incident but expects no financial impact
31st Jul 2024 07:39
(Sharecast News) - Precious metals producer Fresnillo has revealed that it was hit by a cyber attack that resulted in unauthorised access to certain IT systems and data.
Read moreGSK lifts guidance as Q2 sales beat forecasts
31st Jul 2024 07:37
(Sharecast News) - UK pharmaceutical company GSK raised annual forecasts after better-than-expected second-quarter results, driven by a strong performance from its cancer and HIV treatments.
Read moreLondon pre-open: Stocks seen up ahead of Fed, BoE policy announcements
31st Jul 2024 07:31
(Sharecast News) - London stocks were set for a positive open on Wednesday as investors looked ahead to policy announcements from the US Federal Reserve and the Bank of England.
Read moreUS private sector employment rises less than expected
31st Jul 2024 07:24
(Sharecast News) - Private sector employment in the US rose less than expected in July, according to figures released on Wednesday by ADP.
Read moreTaylor Wimpey's H1 profits drop 21% as costs rise, pricing falls
31st Jul 2024 07:22
(Sharecast News) - UK housebuilder Taylor Wimpey saw profits fall by more than a fifth in the first half as residual build cost inflation and weaker pricing hit margins, but said it now expects full-year completions to be at the top end of guidance after a solid operational performance.
Read moreWednesday newspaper round-up: Workplace sickness, Google-Anthropic, Carpetright
31st Jul 2024 07:22
(Sharecast News) - The hidden cost of rising workplace sickness in the UK has increased to more than £100bn a year, largely caused by a loss of productivity amid "staggering" levels of presenteeism, a report warns. Analysis by the Institute for Public Policy Research (IPPR) shows the cost of staff sickness has grown by £30bn a year to £103bn in 2023. The annual bill was £73bn in 2018, its study found. - Guardian
Read moreBank of Japan lifts rates to 0.25%
31st Jul 2024 07:22
(Sharecast News) - Japan's central bank increased the cost of borrowing for only the second time in 17 years as it tried to tighten monetary policy in the world's fourth-largest economy.
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