News Archive
Begbies Traynor 'confident' on outlook following strong FY trading
9th Jul 2024 10:01
(Sharecast News) - Restructuring specialist Begbies Traynor said on Tuesday that it was feeling "confident" following a strong full-year trading performance and positive momentum going in to FY25.
Read moreNaked Wines agrees new credit facility, CFO to step down
9th Jul 2024 09:57
(Sharecast News) - Naked Wines announced the completion of a new $60m credit facility with PNC Bank on Tuesday, replacing its previous facility with Silicon Valley Bank.
Read moreAnglo American's Grosvenor fire adds to operational woes, says Berenberg
9th Jul 2024 09:55
(Sharecast News) - Berenberg has repeated its 'sell' rating on Anglo American, saying that the recently announced fire at its Grosvenor metallurgical coal mine in Australia comes at a bad time for the miner, which continues to "struggle operationally".
Read moreLoungers delivers 'record year' of sales
9th Jul 2024 09:24
(Sharecast News) - Bar and restaurant chain operator Loungers said on Tuesday that it had delivered a "record year" in terms of sales, profits and site openings.
Read moreHunting lifts profit guidance after strong first half
9th Jul 2024 08:13
(Sharecast News) - Oil and gas services group Hunting said first-half trading was ahead of expectations with profits more than a fifth higher than last year, as it lifted its earnings forecast for the full year.
Read moreNFIB US small business optimism index rises to 91.5 in June
9th Jul 2024 08:08
(Sharecast News) - The National Federation of Independent Business' business optimism index rose to 91.5 in June, up from 90.5 a month earlier, for the highest reading since the start of 2024.
Read moreEurope open: Stoxx down with eyes on France; Indivior slumps 36%
9th Jul 2024 07:57
(Sharecast News) - European stocks were lower at the open as the focus remained on the prospect of a hung parliament in France, while pharma company Indivior slumped on a profits warning and oil major BP fell on a downbeat second-quarter trading update.
Read moreLondon open: Stocks flat as investors mull retail sales; PageGroup, Indivior warn on profits
9th Jul 2024 07:56
(Sharecast News) - London stocks were steady in early trade on Tuesday as investors mulled a dip in retail sales and profit warnings from PageGroup and Indivior.
Read moreCapita to sell software business Capita One for £200m
9th Jul 2024 07:54
(Sharecast News) - Capita surged on Tuesday after announcing the sale of its public sector software business Capita One for £200m.
Read moreBig Yellow wins appeal to build site in Kentish Town
9th Jul 2024 07:45
(Sharecast News) - Self storage company Big Yellow said it had been granted planning permission for a 68,400 sq ft store in London's Kentish Town after winning an appeal for the development.
Read moreIndivior shares plummet on profit warning, product discontinuation
9th Jul 2024 07:39
(Sharecast News) - Pharma group Indivior saw shares plummet on Tuesday after it issued a profit warning for 2024 on the back of "adverse market dynamics" affecting its Sublocade treatment, and announced it was discontinuing its Perseris product.
Read moreVistry backs FY expectations after 'strong' first half
9th Jul 2024 07:37
(Sharecast News) - Vistry backed its full-year expectations on Tuesday as it hailed a "strong" first half, with profit expected to have risen 7%.
Read moreLondon pre-open: Stocks to edge higher; UK retail sales dip
9th Jul 2024 07:27
(Sharecast News) - London stocks were set to edge up at the open on Tuesday as data showed a dip in retail sales.
Read moreTuesday newspaper round-up: Meta, EDF, Tesla
9th Jul 2024 07:20
(Sharecast News) - Meta has claimed news is not the antidote to misinformation and disinformation spreading on Facebook and Instagram, as the company continues to push back against being forced to pay media companies for news in Australia. Meta announced in March it would not enter into new agreements with media companies to pay for news following the end of contracts signed in 2021 under the Morrison government's news media bargaining code. - Guardian
Read moreWood Group wins six-year contract at Shell Prelude facility
9th Jul 2024 07:17
(Sharecast News) - Engineering and consulting firm Wood Group has signed a six-year contract with energy giant Shell to provide brownfield engineering, procurement, and construction management solutions.
Read more