News Archive
Centrica profits drop in 'normalising' market conditions
25th Jul 2024 07:41
(Sharecast News) - British Gas owner Centrica said on Thursday that it was extending its share buyback programme as it posted a drop in first-half profits in what it called a more "normalised" external environment.
Read moreLondon pre-open: Stocks to fall after Wall St losses
25th Jul 2024 07:31
(Sharecast News) - London stocks were set to fall at the open on Thursday following losses on Wall Street, where tech names came under pressure.
Read moreVodafone grows Q1 revenues despite slowdown in Europe
25th Jul 2024 07:23
(Sharecast News) - Telecoms giant Vodafone has reiterated its full-year guidance after an in-line first-quarter performance, as strong revenue increases in Africa and Turkey made up for slowing growth in Europe and falling sales in Germany.
Read moreAstraZeneca hikes full-year guidance after strong first half
25th Jul 2024 07:19
(Sharecast News) - AstraZeneca revised its full-year 2024 guidance upwards on Thursday, anticipating mid-teens percentage growth in both total revenue and core earnings per share at constant exchange rates.
Read moreLloyds Banking first-half profits decline
25th Jul 2024 07:14
(Sharecast News) - Lloyds Banking Group reported a drop in first-half profit on Thursday as costs rose.
Read moreThursday newspaper round-up: Thames Water, mortgage costs, UK car production
25th Jul 2024 07:13
(Sharecast News) - Thames Water has breached its licence to supply water to nearly 16 million people after some of its debt was downgraded to junk status. The regulator Ofwat could now fine Thames, the country's largest water monopoly, up to 10% of its annual turnover, equating to hundreds of millions of pounds. However, since the company is already teetering close to temporary renationalisation, Ofwat is likely to hold off on any immediate large fines. - Guardian
Read moreBT maintains outlook despite Q1 revenue decline
25th Jul 2024 07:08
(Sharecast News) - BT has reiterated full-year targets after a "solid start" to the year, with strong growth in fibre and customer numbers, though revenues were held back by a weaker performance in the business division.
Read moreUMG shares slide as subscription, streaming revenue disappoints
25th Jul 2024 07:08
(Sharecast News) - Shares in Universal Music Group (UMG) experienced their steepest slide since going public on Thursday, after the Amsterdam-traded company's subscription and streaming revenue growth failed to meet investor expectations.
Read moreUS close: Stocks sharply lower following Q2's first big-name tech earnings
24th Jul 2024 21:43
(Sharecast News) - Wall Street stocks closed sharply lower on Wednesday after investors got their first taste of Q2 big tech earnings overnight and thumbed over a number of data points.
Read moreBank of Canada cuts rates again
24th Jul 2024 17:13
(Sharecast News) - The Bank of Canada on Wednesday cut its key policy rate for the second month in a row, as expected, and said it would trim again if inflation continued to fall.
Read moreEurope close: Shares close lower on weaker EZ surveys, luxury stocks
24th Jul 2024 16:03
(Sharecast News) - European shares closed lower on Wednesday, with luxury stocks under the pump as LVMH second-quarter sales growth missed consensus estimates and eurozone service and manufacturing surveys showing weaker readings.
Read moreDirector dealings: Jubilee Metals CEO raises stake
24th Jul 2024 15:37
(Sharecast News) - Jubilee Metals revealed on Wednesday that chief executive officer Leon Coetzer had acquired 625,000 ordinary shares in the Africa-focussed metals processor.
Read moreFTSE 250 movers: Ascential ascends; Breedon in the red
24th Jul 2024 15:25
(Sharecast News) - FTSE 250 (MCX) 21,005.10 -0.41%
Read moreUS private sector output growth picks up slightly in July
24th Jul 2024 15:15
(Sharecast News) - Private sector activity in the US held up well in July, even as factory output shrank for the first time since January, survey results revealed.
Read moreLondon close: Stocks pare some losses as UK private sector expands
24th Jul 2024 15:01
(Sharecast News) - London's stock markets ended Wednesday in negative territory, with a late recovery fueled by better-than-expected data from the UK's private sector failing to lift equities above the waterline.
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