News Archive

UK sales soften at Quiz, shares fall

27th Jun 2024 10:21

(Sharecast News) - Shares in Quiz came under pressure on Thursday, as cost of living pressures continued to weigh heavily on sales.

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DS Smith rallies as Suzano abandons pursuit of International Paper

27th Jun 2024 10:00

(Sharecast News) - DS Smith was the top gainer on the FTSE 100 on Thursday after Brazilian pulp maker Suzano said it had ended talks to buy International Paper.

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Bradley out, Bellamy in as chair of The Works

27th Jun 2024 09:58

(Sharecast News) - Arts, crafts, toys, books, and stationery The Works announced a change in leadership on Thursday, with Carolyn Bradley stepping down as chair and independent non-executive director on 15 July.

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GSK shares drop as US narrows recommendations for RSV vaccines

27th Jun 2024 09:58

(Sharecast News) - Shares in biopharma giant GSK tumbled on Thursday after a ruling by a US health agency narrowed usage recommendations for all respiratory syncytial virus (RSV) vaccines, restricting the addressable market for the company's Arexvy product.

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Moonpig hails strong year, shares jump

27th Jun 2024 09:36

(Sharecast News) - Shares in Moonpig Group sparked on Thursday, after the online greeting card retailer posted a jump in annual sales and profits.

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Serica maintains full-year production guidance

27th Jun 2024 09:05

(Sharecast News) - Serica Energy maintained its production guidance in an update on Thursday, targeting between 41,000 and 46,000 barrels of oil equivalent per day for 2024.

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Segro buys three Dutch warehouses for €222m

27th Jun 2024 08:59

(Sharecast News) - Industrial real estate group Segro announced on Thursday it has snapped up three logistics warehouses in the Netherlands for €222m to expand its presence in a key logistics hub for Continental Europe.

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Friday preview: US, euro area inflation data in focus

27th Jun 2024 08:59

(Sharecast News) - All eyes at the end of the week will be on the latest inflation prints due out on either side of the Atlantic.

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Europe open: Shares rise ahead of US data; H&M plunges on weak sales

27th Jun 2024 08:12

(Sharecast News) - European shares opened slightly higher on Thursday as investors awaited a key US inflation report while shares in Swedish fashion chain H&M slumped on weaker-than-expected earnings.

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London open: Stocks nudge lower ahead of key US, UK data; GSK tumbles

27th Jun 2024 07:59

(Sharecast News) - London stocks nudged lower in early trade on Thursday as investors eyed the release of a key US inflation reading and the latest UK GDP data at the end of the week.

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Halfords full-year profits slump

27th Jun 2024 07:55

(Sharecast News) - Halfords posted a slump in full-year profits on Thursday as it pointed to weak consumer confidence.

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H&M warns on sales, shares slide

27th Jun 2024 07:52

(Sharecast News) - Shares in Hennes & Mauritz tumbled on Thursday, despite a 50% surge in second-quarter profits, after poor weather hit sales in June.

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Target Healthcare REIT offloads four care homes

27th Jun 2024 07:49

(Sharecast News) - Care home real estate investment trust Target Healthcare REIT has offloaded four of the oldest care homes in its portfolio for £44.5m and will use the proceeds to pay down credit facilities.

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London pre-open: Stocks seen down; US PCE, UK GDP eyed

27th Jun 2024 07:35

(Sharecast News) - London stocks were set to fall at the open on Thursday following a mostly weaker Asian session, as investors looked to the release of a key US inflation reading and the latest UK GDP on Friday.

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3i's Action unit performing strongly as expansion continues

27th Jun 2024 07:33

(Sharecast News) - Private equity and infrastructure group 3i has said that its European non-food discount retail chain Action has performed well since the start of the year as it continues to open new stores.

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