News Archive
Indivior 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 moreSSE advancing development of 2GW Dutch offshore wind farm
9th Jul 2024 07:16
(Sharecast News) - SSE announced on Tuesday that it is advancing the development of a 2GW offshore wind farm in the Netherlands alongside its partner, APG.
Read moreRecruiter PageGroup warns on profits
9th Jul 2024 07:14
(Sharecast News) - Recruiter PageGroup warned on profits on Tuesday, citing geopolitical and macroeconomic uncertainty.
Read moreThames Water warns on cash as liquidity falls further
9th Jul 2024 07:14
(Sharecast News) - The UK's largest water company Thames Water could see its cash run dry by the end of next May, it was revealed on Tuesday.
Read moreBP to take up to $2bn in impairments in Q2, sees flat production
9th Jul 2024 07:04
(Sharecast News) - BP said it would take a hit of up to $2bn in the second quarter relating to asset impairments along with a hit to margins and lower profits from oil trading.
Read moreUS close: Stocks mixed as traders await CPI reading, Q2 earnings
8th Jul 2024 21:14
(Sharecast News) - Wall Street stocks turned in a mixed performance on Monday as investors prepared for the beginning of Q2 corporate earnings season later in the week.
Read moreHSBC fined £2.4m by Hong Kong's pensions regulator
8th Jul 2024 17:27
(Sharecast News) - HSBC has been fined HKD 24m (£2.4m) by Hong Kong's pension regulator, it was reported on Monday, for offering incentives to unauthorised agents to promote its Mandatory Provident Fund (MPF) scheme in 2020 and 2021.
Read moreSector movers: Foreign investors still circling UK corporates
8th Jul 2024 16:39
(Sharecast News) - UK corporates appeared to continue to be in the crosshairs of foreign groups at the start of the week.
Read moreFTSE 250 movers: Hiscox soars on takeover talk; Plus500 slips
8th Jul 2024 16:17
(Sharecast News) - FTSE 250 (MCX) 20,738.69 -0.23%
Read moreEurope close: Stocks give up early gains
8th Jul 2024 16:13
(Sharecast News) - Most European bourses ended Monday's session little changed, but in the red, as investors digested the political stalemate in France, where no party managed to garner a majority in the second round of elections to the National Assembly at the weekend.
Read moreBroker tips: Shaftesbury Capital, Melrose Industries, LBG Media
8th Jul 2024 15:51
(Sharecast News) - Citi has reiterated its 'buy' rating on London-focused property investor and developer Shaftesbury Capital ahead of its interim results in a few weeks, predicting that profits will nearly double over the medium term.
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