News Archive

Supreme delivers 'strong' FY results, EBITDA nearly doubles

2nd Jul 2024 08:55

(Sharecast News) - Consumer products manufacturer Supreme delivered "strong" full-year trading results on Tuesday as underlying earnings nearly doubled year-on-year.

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Endeavour pours first gold at Lafigue mine

2nd Jul 2024 08:40

(Sharecast News) - Endeavour Mining announced the first gold pour at its Lafigué mine in Côte d'Ivoire on Tuesday, achieved on budget and ahead of schedule.

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Eurozone price pressures ease but core inflation unchanged

2nd Jul 2024 08:39

(Sharecast News) - Inflation across the eurozone slowed slightly in June, according to preliminary estimates published on Tuesday by Eurostat, while the region's unemployment rate held steady.

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Europe open: Stocks pull back ahead of inflation data

2nd Jul 2024 08:36

(Sharecast News) - European stocks pulled back on Tuesday morning following strong gains the day before as investors awaited eurozone inflation data from June and mulled the market impact of political uncertainty in France.

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London open: Stocks fall as investors eye eurozone inflation data

2nd Jul 2024 08:07

(Sharecast News) - London stocks fell in early trade on Tuesday as investors mulled the latest shop price inflation data and looked ahead to eurozone inflation figures later in the day.

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Craneware links with Microsoft to develop AI-powered healthcare tech

2nd Jul 2024 08:05

(Sharecast News) - Healthcare software group Craneware announced a new deal with Microsoft that will see the UK company's Trisus platform made on the Azure marketplace.

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Ryanair reports record passenger numbers for June

2nd Jul 2024 08:05

(Sharecast News) - Budget airline Ryanair reported record passenger numbers for June on Tuesday, up 11% on the year.

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Revolut FY revenues surge, working on UK banking licence

2nd Jul 2024 08:02

(Sharecast News) - Neobank and fintech group Revolut posted a sharp increase in annual revenues on Tuesday as it continues to work towards obtaining a UK banking licence.

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Shoe Zone warns on profits, cites higher shipping costs and bad weather

2nd Jul 2024 07:51

(Sharecast News) - Shoe Zone warned on profits on Tuesday as it said it was hit by rising shipping costs and bad weather.

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Wizz Air capacity, emissions impacted by ongoing GTF groundings

2nd Jul 2024 07:50

(Sharecast News) - Budget airline Wizz Air said capacity numbers were held back in June by the ongoing impact of groundings of Pratt & Whitney GTF engines, while CO2 emissions increased as it was forced to use older planes.

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Shells pauses construction of Netherlands biofuels facility

2nd Jul 2024 07:40

(Sharecast News) - Shell said on Tuesday that it has temporarily paused construction of a biofuels facility in the Netherlands.

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London pre-open: Stocks seen lower as investors mull shop price data

2nd Jul 2024 07:39

(Sharecast News) - London stocks were set to fall at the open on Tuesday following a mixed session in Asia, as investors mulled the latest shop price inflation data and looked ahead to the UK election this week.

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Tuesday newspaper round-up: Inflation, Thames Water, Randox

2nd Jul 2024 07:26

(Sharecast News) - Britain's next government is poised to benefit from easing pressure on household finances after a slowdown in inflation in stores and a fall in fuel prices, but costs remain "too expensive" for many families. Figures from the British Retail Consortium (BRC) show that annual UK shop price inflation cooled last month to 0.2%, down from 0.6% in May - the slowest pace since October 2021 - as retailers cut the prices of many of their key products, including butter and coffee. - Guardian

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Sainsbury's keeps guidance despite LFL sales slowdown in Q1

2nd Jul 2024 07:21

(Sharecast News) - Sainsbury's shares were in the red on Tuesday despite the supermarket reporting a "market-beating" grocery performance in its first quarter, as like-for-like group sales growth slowing dramatically on the back of declines in general merchandise and at Argos.

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Capita renews contract to administer Royal Mail statutory pension

2nd Jul 2024 07:18

(Sharecast News) - Capita announced the renewal of its contract with the Cabinet Office to administer the Royal Mail Statutory Pension Scheme (RMSPS) on Tuesday, for an additional six years from 2026.

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