News Archive
Flutter Entertainment lifts full-year guidance
13th Nov 2024 08:23
(Sharecast News) - Shares in Flutter Entertainment jumped on Wednesday as the Betfair owner lifted its full-year revenue and EBITDA guidance and posted a narrowing of its net losses.
Read moreFuller Smith & Turner delivers strong H1, but warns of "pain" from tax changes
13th Nov 2024 07:54
(Sharecast News) - Pubs and hotels group Fuller Smith & Turner said it is on track to hit market forecasts this year after a strong first half, which saw profits rose by a fifth, and painted an optimistic outlook despite concerns about recent tax changes in the government's autumn budget.
Read moreDowlais shares surge following trading update
13th Nov 2024 07:54
(Sharecast News) - Specialist engineering group Dowlais said on Wednesday that year-to-date trading was in line with expectations and that its full-year outlook remained unchanged.
Read moreEurope open: Shares slip on weak Asia; Eyes turn to US inflation data
13th Nov 2024 07:53
(Sharecast News) - European shares were in retreat again on Wednesday after a weak session in Asia as investors worried about the possible imposition of tariffs by the new US administration, while eyes were also on inflation data from across the pond.
Read moreIntermediate Capital reports half-year of growth
13th Nov 2024 07:50
(Sharecast News) - Intermediate Capital Group total assets under management rose to $106bn at the end of its first half, it reported on Wednesday, as fee-earning assets under management were up 4% from 31 March to $73bn.
Read moreLondon open: FTSE nudges up ahead of US inflation reading
13th Nov 2024 07:49
(Sharecast News) - London stocks nudged higher in early trade on Wednesday, steadying after heavy losses in the previous session, but with gains muted ahead of the latest US inflation reading.
Read moreCLS reports Q3 growth but warns of slower letting activity
13th Nov 2024 07:31
(Sharecast News) - Commercial property investment company CLS Holdings said that leasing levels over the third quarter was well ahead of last year, though the macro environment was slowing letting activity more than expected.
Read moreLondon pre-open: Stocks seen up as investors eye US inflation
13th Nov 2024 07:31
(Sharecast News) - London stocks were set to gain at the open on Wednesday following heavy losses in the previous session, as investors eyed the latest US inflation reading.
Read moreExperian posts steady first-half growth
13th Nov 2024 07:27
(Sharecast News) - Experian reported steady first-half growth on Wednesday, driven by a strong performance across its regional markets and business segments.
Read moreWednesday newspaper round-up: Post Office, Spirit AeroSystems, Flutter
13th Nov 2024 07:26
(Sharecast News) - The Post Office is expected to announce the closure of dozens of branches and cut up to 1,000 head office jobs as it seeks to reduce costs to secure its financial future. There are about 11,500 Post Office branches across the UK, of which 115 are wholly centrally owned. The rest are operated by independent post office operators under contract and partners such as WH Smith and Tesco. - Guardian
Read moreJust Eat to sell Grubhub to Wonder Group to $650m
13th Nov 2024 07:18
(Sharecast News) - Just Eat Takeaway said on Wednesday that it has agreed to sell US business Grubhub to Wonder Group for $650m.
Read moreThames Water secures backing for £3bn lifeline
13th Nov 2024 07:18
(Sharecast News) - Thames Water has received backing to take out a £3bn emergency loan, it confirmed on Wednesday, as the vastly-indebted utility tries to stave off a cash crunch.
Read moreSmiths Group raises outlook after strong Q1 growth
13th Nov 2024 07:17
(Sharecast News) - Smiths Group has raised its growth and margin guidance and beefed up its share buyback programme after an "outstanding" first quarter.
Read moreUK's FCA proposes extension for motor finance complaints
13th Nov 2024 07:14
(Sharecast News) - Britain's financial regulator in consulting on an extension for motor finance companies to respond to consumer complaints about commission on car loans after a court ruling last month that could see billions paid out in compensation.
Read moreBabcock profits jump on global instability
13th Nov 2024 07:02
(Sharecast News) - UK weapons maker Babcock reported a sharp jump in half-year profits and held annual guidance as geopolitical tensions increased demands from governments for military hardware.
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