News Archive
UK private sector expands as new business growth accelerates
24th Jul 2024 10:19
(Sharecast News) - Private-sector activity in the UK has expanded for the ninth straight month, with new business growth at its highest level in more than a year, according to the composite purchasing managers' index (PMI) released on Wednesday by S&P Global.
Read moreBerenberg raises target price on Volution
24th Jul 2024 10:04
(Sharecast News) - Over at Berenberg, analysts hiked their target price on ventilation equipment business Volution to 600.0p from 500.0p on Wednesday following the group's full-year trading update.
Read moreLBG Media H1 earnings more than double YOY
24th Jul 2024 09:55
(Sharecast News) - Digital entertainment business LBG Media said on Wednesday that both earnings and revenues had surged in the six months ended 30 June, leaving it confident of its ability to meet full-year expectations.
Read moreCanaccord Genuity lowers target price on Nexteq
24th Jul 2024 09:33
(Sharecast News) - Analysts at Canaccord Genuity lowered their target price on B2B technology group Nexteq from 300.0p to 200.0p on Wednesday despite "strong margins and cash", noting that destocking persisted.
Read moreCorero Network Security expects positive H1 EBITDA performance
24th Jul 2024 09:26
(Sharecast News) - Software specialist Corero Network Security expects to report a positive EBITDA performance for H1 following "strong trading" throughout the period.
Read moreShield Therapeutics net sales grow in Q2, CEO stands down
24th Jul 2024 09:15
(Sharecast News) - Commercial-stage pharmaceutical company Shield Therapeutics said on Wednesday that total net sales had grown in Q2, driven by "robust" increases in prescriptions and higher net selling prices.
Read moreEuro area PMIs show private sector nearly stagnated in July
24th Jul 2024 08:53
(Sharecast News) - Activity in the euro area's private sector nearly stalled by surprise in July, the results of two closely followed surveys showed, with growth in France and Germany underperforming.
Read moreGreencoat UK Wind pleased with 'resilient' first half
24th Jul 2024 08:30
(Sharecast News) - Wind farm-focussed infrastructure fund Greencoat UK Wind said in its half-year results on Wednesday that its investments generated 2,654 GWh of renewable electricity in the first half of the year.
Read moreGrainger acquires £31m build-to-rent asset in Manchester
24th Jul 2024 08:19
(Sharecast News) - Listed residential landlord Grainger announced the acquisition of The Astley, a £31m build-to-rent asset in Manchester, on Wednesday.
Read moreVolution hikes earnings expectations ahead of year-end
24th Jul 2024 08:14
(Sharecast News) - Air quality technology designer and manufacturer Volution upgraded its expectations for the financial year about to end on Wednesday, anticipating adjusted earnings per share to be slightly ahead of current market forecasts, driven by strong performance in the UK residential sector.
Read moreLondon open: FTSE 100 at three-week low ahead of data
24th Jul 2024 08:11
(Sharecast News) - UK stocks were trading at their lowest levels in three weeks on Wednesday morning as investors digested a wave of disappointing corporate earnings from Wall Street overnight and awaited a flurry of economic data.
Read moreHochschild Mining reports robust first-half production
24th Jul 2024 08:09
(Sharecast News) - Hochschild Mining reported robust first-half production numbers and a solid financial position in an update on Wednesday, having produced 103,752 ounces of gold and 4.1 million ounces of silver, amounting to 152,792 gold equivalent ounces and 12.7 million silver equivalent ounces.
Read moreEurope open: Shares down on weak US earnings; Luxury stocks weigh
24th Jul 2024 08:06
(Sharecast News) - European shares opened lower on Wednesday as investors eyed eurozone manufacturing survey data and regional bank earnings, while luxury stocks were under the pump after LVMH second-quarter sales growth missed consensus estimates.
Read moreTortilla Mexican Grill warns on FY profits
24th Jul 2024 08:03
(Sharecast News) - Shares in fast-food restaurant chain Tortilla Mexican Grill slumped on Wednesday after the group warned that steps taken to boost profitability were taking longer than expected to bear fruit.
Read moreRHI Magnesita revenue stable amid challenging market
24th Jul 2024 07:59
(Sharecast News) - Refractory products specialist RHI Magnesita reported stable revenue and resilient margins in its half-year results on Wednesday, despite a challenging demand environment.
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