News Archive

Future CFSO Ladkin-Brand steps down

29th Jul 2024 10:45

(Sharecast News) - Media group Future said on Monday that chief financial and strategy officer Penny Ladkin-Brand has stepped down from the board with effect from 28 July.

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Journeo receives purchase order from Metroline Manchester

29th Jul 2024 10:40

(Sharecast News) - Technology group Journeo said on Monday that it had secured a £2.1m bus safety systems and software purchase order from Metroline Manchester.

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Alliance Pharma flags solid rise in first-half revenue

29th Jul 2024 10:30

(Sharecast News) - Alliance Pharma said in a half-year trading update on Monday that its revenue rose to £84.8m, a 2.8% increase year-on-year, and a 5% increase at constant exchange rates.

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UK mortgage approvals edge lower

29th Jul 2024 10:25

(Sharecast News) - Mortgage approvals in the UK fell marginally in June as the upwards momentum seen earlier this year continues to tail off, though there are signs that the housing market is beginning to stabilise.

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UK job vacancies drop almost 20pc despite economic growth

29th Jul 2024 10:11

(Sharecast News) - The UK job market saw a downturn in June, with job vacancies plummeting by almost a fifth - 19.49% - according to fresh data on Monday, suggesting that recent economic growth had not yet translated into hiring.

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Dotdigital FY revenues up double-digits

29th Jul 2024 09:49

(Sharecast News) - Software-as-a-service provider Dotdigital said on Monday that the twelve months ended 30 June had been "a year of financial and strategic progress".

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Asia report: Most markets rise after US inflation reading

29th Jul 2024 09:49

(Sharecast News) - Asia-Pacific markets saw a positive start to the week on Monday, with Japan's benchmark index leading the gains.

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Jefferies hikes Drax target by 25% after strong interim results

29th Jul 2024 09:46

(Sharecast News) - Jefferies has hiked its target price for power station operator Drax by 25% after a "confident" presentation from the firm in last week's interim results gave the market increased visibility over the future outlook.

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Jadestone Energy lowers FY production guidance, delivers record H1

29th Jul 2024 09:40

(Sharecast News) - Upstream company Jadestone Energy slightly lowered full-year production guidance on Monday despite delivering a record H1 performance.

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Reckitt Benckiser tumbles on litigation woes

29th Jul 2024 09:19

(Sharecast News) - Consumer goods giant Reckitt Benckiser tumbled on Monday amid concerns about potential litigation.

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RBC names M&S and Currys as top UK retail picks

29th Jul 2024 08:53

(Sharecast News) - Wage inflation and easier comparatives with last year could lead to a pick-up in demand for UK retailers this autumn, according to RBC Capital Markets which has highlighted M&S and Currys as its top stock picks.

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Heineken shares slide after first-half profit miss

29th Jul 2024 08:40

(Sharecast News) - Heineken shares were in the red on Monday morning, after a disappointing first-half operating profit that fell short of analyst expectations.

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Shop price inflation unchanged but pressures 'lurking' - BRC

29th Jul 2024 08:34

(Sharecast News) - UK shop inflation was unchanged in July, but cost pressures were "lurking over the horizon" as commodity prices remained at risk from climate change and geopolitical tensions, according to the British retail Consortium.

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Mkango strikes mining development agreement with Malawi government

29th Jul 2024 08:03

(Sharecast News) - Mineral exploration and development firm Mkango Resources has inked a mining development agreement with the Malawi government for its Songwe Hill rare earth project.

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London open: Stocks gain ahead of busy week; Reckitt tumbles on litigation fears

29th Jul 2024 07:49

(Sharecast News) - London stocks rose in early trade on Monday as investors eyed a week jam-packed with earnings releases and the latest policy announcements from the Federal Reserve and the Bank of England.

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