News Archive

L&G to sell Glencore, TJX stakes over environmental concerns

26th Jun 2024 11:07

(Sharecast News) - Legal & General Investment Management (LGIM) said that its environmental, social and governance and some pension funds would divest their stake in commodities miner and trader Glencore due to its thermal coal operations.

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London midday: FTSE pares gains as retail sales slump

26th Jun 2024 11:06

(Sharecast News) - London stocks had pared some gains by midday on Wednesday, as data showed that retail sales slumped in June.

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US pre-open: Small gains expected as Nvidia rebound continues

26th Jun 2024 10:55

(Sharecast News) - Stock futures on Wall Street were pointing to yet more gains for the S&P 500 and Nasdaq on Wednesday as the share price of Nvidia continues to rebound after last week's sell-off.

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Asia report: Markets higher despite rise in Aussie inflation

26th Jun 2024 10:55

(Sharecast News) - Markets in the Asia-Pacific region were mostly in the green on Wednesday, as chip stocks followed Nvidia's rise on Wall Street overnight.

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Warpaint reports robust trading in first half

26th Jun 2024 10:47

(Sharecast News) - Cosmetics supplier Warpaint London, owner of the W7 and Technic brands, reported a robust trading performance ahead of its annual general meeting on Wednesday.

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ProCook upbeat for coming year, shares spark

26th Jun 2024 10:21

(Sharecast News) - Shares in ProCook Group jumped on Wednesday, after the kitchenware brand flagged strong current trading and forecast an improvement in revenues.

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Jefferies double upgrades Future to 'buy', shares surge

26th Jun 2024 09:33

(Sharecast News) - Future surged on Wednesday as Jefferies upgraded the shares to 'buy' from 'underperform' and hiked the price target to 1,280p from 635p.

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Revolution Beauty returns to profit

26th Jun 2024 09:19

(Sharecast News) - Revolution Beauty said on Wednesday that it has swung into the black, as it looked to move on from a turbulent period.

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Seeing Machines to miss profit targets, but signs major new deal with Caterpillar

26th Jun 2024 09:15

(Sharecast News) - Seeing Machines, the AIM-listed group that designs tech to improve transport safety, has announced that profits will be lower than market expectations as it unveiled a new five-year license renewal with mining giant Caterpillar.

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Checkit abandons pursuit of Crimson Tide

26th Jun 2024 08:57

(Sharecast News) - Checkit said on Wednesday that it does not plan to make a firm offer for rival Crimson Tide after it rejected an improved proposal earlier in the month.

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Costain JV wins £65m of work with Southern Water

26th Jun 2024 08:56

(Sharecast News) - Infrastructure group Costain announced on Wednesday that it's CMDP joint venture has won contracts worth £65m with Southern Water.

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Marks Electrical reports record full-year revenue

26th Jun 2024 08:46

(Sharecast News) - Marks Electrical Group reported record full-year revenue of £114.3m in its final results on Wednesday, marking a 16.9% increase from £97.8m in 2023, and a significant doubling of revenue since the £56m it recorded in 2021, the year prior to its listing.

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HSS Hire backs full-year earnings guidance

26th Jun 2024 08:09

(Sharecast News) - HSS Hire backed its full-year earnings guidance on Wednesday ahead of its annual general meeting.

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Europe open: Shares up ahead of US data; Eyes on VW's $5bn electric venture

26th Jun 2024 08:05

(Sharecast News) - European stocks opened higher on Wednesday as investors awaited US inflation data later in the week and digested Volkswagen's $5bn investment in US electric car maker Rivian.

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London open: Stocks gain after US tech rally

26th Jun 2024 08:02

(Sharecast News) - London stocks rose in early trade on Wednesday, taking their cue from a tech rally on Wall Street, which saw the Nasdaq end 1.3% higher.

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