News Archive
Liontrust slips into the red after tough year, but paints upbeat picture
26th Jun 2024 07:54
(Sharecast News) - Asset manager Liontrust swung to a small loss in the year ended 31 March after seeing net outflows of more than £6bn due to an adverse trading environment, but said it's starting to see signs of a recovery.
Read moreThursday preview: US jobless claims, durable goods orders in focus
26th Jun 2024 07:47
(Sharecast News) - Investors' attention on Thursday will be on a flurry of economic indicators that are due out in the US.
Read moreBerenberg says markets wrong to price in continued fall in demand at Whitbread
26th Jun 2024 07:46
(Sharecast News) - Analysts at Berenberg kept their recommendation for Whitbread at 'buy', arguing that markets were wrong to price in a continued drop in demand.
Read moreUK retail sales slide in June - CBI
26th Jun 2024 07:41
(Sharecast News) - UK retail sales fell in June, an industry survey showed on Wednesday, reversing May's short-lived uplift.
Read moreGerman sentiment unexpectedly dips as recovery stalls
26th Jun 2024 07:38
(Sharecast News) - A closely followed gauge of consumer sentiment in Germany unexpectedly fell further into negative territory, declining for the first time in five months.
Read moreLondon pre-open: Stocks seen up after Nasdaq rally
26th Jun 2024 07:35
(Sharecast News) - London stocks were set to gain at the open on Wednesday following a rally in US tech stocks overnight.
Read moreAO World full-year profits top guidance
26th Jun 2024 07:28
(Sharecast News) - Online electricals retailer AO World posted a surge in full-year profit on Wednesday, topping its own guidance range as its plan to pivot the business to focus on profit and cash generation bore fruit.
Read moreWednesday newspaper round-up: Post Office, Aston Martin, Stellantis UK
26th Jun 2024 07:27
(Sharecast News) - The UK needs a system for recording misuse and malfunctions in artificial intelligence or ministers risk being unaware of alarming incidents involving the technology, according to a report. The next government should create a system for logging incidents involving AI in public services and should consider building a central hub for collating AI-related episodes across the UK, said the Centre for Long-Term Resilience (CLTR), a thinktank. - Guardian
Read moreDrax sells meter point assets
26th Jun 2024 07:21
(Sharecast News) - Drax said it was selling up to 90,000 small & medium-sized (SME) customer meter points from Opus Energy Group to EDF Energy Customers Limited for an undisclosed sum.
Read moreVolex posts record full-year profits
26th Jun 2024 07:20
(Sharecast News) - Power and data transmission technology specialist Volex reported record profits in its preliminary results on Wednesday, with a 26.3% increase in revenue to $912.8m, up from $722.8m year-on-year.
Read morePZ Cussons ends year as expected amid currency headwinds
26th Jun 2024 07:18
(Sharecast News) - PZ Cussons said in an update on Wednesday that trading in the final quarter of the financial year, which ended on 31 May, met management expectations.
Read moreAnglo's De Beers warns of "protracted" demand recovery as sales fall
26th Jun 2024 07:11
(Sharecast News) - Anglo American has reported another dip in rough diamond sales from De Beers as it warned of a "protracted" recovery in demand.
Read morePhoenix Group looks to offload SunLife business
26th Jun 2024 07:05
(Sharecast News) - Insurance and pensions group Phoenix on Wednesday said it was looking to offload its SunLife business after deciding it was no longer core to operations.
Read moreUS close: Nvidia pushes S&P 500 and Nasdaq higher, but Dow drops
25th Jun 2024 21:46
(Sharecast News) - The Dow finished lower on Tuesday while the S&P 500 and Nasdaq rebounded after a three-day losing streak as Nvidia's recent falls came to an end.
Read moreEurope close: Airbus woes and political uncertainty weigh on market
25th Jun 2024 16:30
(Sharecast News) - Heavy falls from Airbus and the rest of the aerospace sector hit stock markets across Europe on Tuesday, while growing uncertainty ahead of next week's first round of snap elections in France kept a lid on risk appetite.
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