News Archive
Victrex Q3 revenues tick higher but Medical still hit by destocking
4th Jul 2024 07:52
(Sharecast News) - Polymer maker Victrex reported volume and revenue growth for the third quarter on Thursday, but cautioned over difficult trading at its medical segment.
Read moreActivist investor Cevian Capital takes 5% stake in Smith & Nephew
4th Jul 2024 07:49
(Sharecast News) - Swedish activist investor Cevian Capital has purchased a 5% stake in Smith & Nephew, causing shares in the medical equipment manufacturer to surge to a four-month high on Thursday.
Read morePeel Hunt sees improving macro conditions in Q1
4th Jul 2024 07:42
(Sharecast News) - Investment bank Peel Hunt said it has seen positive developments in macro conditions since the start of its new financial year, with revenues in the first quarter ahead of last year.
Read moreGresham House Energy Storage Fund hits 1GWh milestone after project upgrades
4th Jul 2024 07:30
(Sharecast News) - Battery energy storage systems investment fund Gresham House Energy Storage Fund (GHESF) has announced that it has passed the one-gigawatt hours (GWh) milestone with both its Enderby and West Didsbury projects now trading at increased capacity.
Read moreLondon pre-open: Stocks to edge up as Brits head to the polls
4th Jul 2024 07:27
(Sharecast News) - London stocks were set to edge up at the open on Thursday as Brits headed to the polls amid expectations the Labour party will be voted into power for the first time in 14 years.
Read moreThursday newspaper round-up: Post Office, Amazon, UK stocks
4th Jul 2024 07:22
(Sharecast News) - The former chair of the Post Office has expressed "sincere regret" for the state-owned body's failings in the Horizon IT scandal and said it was a mistake not to show a key report on the problem to its board. Tim Parker, who was chair of the Post Office between 2015 and 2022, told a judge-led public inquiry that he felt "deep sympathy" for the Post Office operatives affected by what MPs have described as one of the biggest miscarriages of justice in UK history. - Guardian
Read moreGerman May factory orders in shock fall
4th Jul 2024 07:21
(Sharecast News) - German factory orders posted a shock fall in May, highlighting the troubles faced by Europe's manufacturing sector.
Read moreAssura makes solid start with rents stable
4th Jul 2024 07:19
(Sharecast News) - Healthcare property investor Assura said it delivered on its strategic objectives in its first quarter, with rents stable over the three months to 30 June.
Read moreGreat Portland Estates reports strong quarter for leasing
4th Jul 2024 07:18
(Sharecast News) - Great Portland Estates (GPE) reported robust leasing activity for the quarter ended 30 June on Thursday, having signed 12 new leases and renewals generating an annual rent of £4.3m, with market lettings on average 7.7% ahead of its March estimated rental value (ERV).
Read moreRBC Capital starts Forterra and Ibstock at 'outperform'
4th Jul 2024 07:14
(Sharecast News) - RBC Capital Markets initiated coverage of the UK's two largest clay brick manufacturers on Thursday - Forterra and Ibstock - both at 'outperform'.
Read moreSpectris buys US-based SciAps for up to $260m
4th Jul 2024 07:04
(Sharecast News) - UK precision instrument maker Spectris on Thursday said it was buying US-based SciAps for up to $260m (£205m).
Read moreSector movers: Miners gain on investors' hopes for Fed rate cuts
4th Jul 2024 01:12
(Sharecast News) - Miners and Utilities paced gains on the stock market in the middle of the week after the release of a flurry of weaker-than-expected economic data Stateside fanned hopes for a decline in interest rates.
Read moreUS close: Stocks finish shortened session with gains after poor data
3rd Jul 2024 21:47
(Sharecast News) - US stocks finished mostly higher after a shortened trading session with the S&P 500 and Nasdaq both hitting yet more record highs following a flurry of weak economic data which raised hopes that the Federal Reserve may start loosening monetary policy in September.
Read moreEurope close: Stocks grind higher on French election optimism
3rd Jul 2024 17:20
(Sharecast News) - European stocks were higher on Wednesday amid hopes that a cut in US interest rates was in sight, while investors also eyed national elections in France at the weekend.
Read moreSidara's takeover deadline for Wood Group extended
3rd Jul 2024 16:36
(Sharecast News) - Wood Group said on Wednesday that the deadline for Sidara to either announce a firm intention to make an offer or walk away has been extended as the Dubai-based engineering and consultancy firm needs more time for due diligence.
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