News Archive
Augmentum reports year of solid NAV growth
25th Jun 2024 10:54
(Sharecast News) - Augmentum Fintech reported a 3.1% increase in its net asset value before performance fees in its annual report on Tuesday, rising to £303.3m from £294.1m in the prior year.
Read moreUS pre-open: Markets to snap losing streak as Nvidia rebounds
25th Jun 2024 10:35
(Sharecast News) - US stock futures were pointing to small gains in pre-market trade with the S&P 500 and Nasdaq set to rebound after three straight days of losses.
Read moreBerenberg upgrades Admiral to 'buy', shares rally
25th Jun 2024 10:33
(Sharecast News) - Berenberg upgraded Admiral on Tuesday to 'buy' from 'hold' and lifted the price target to 3,127p from 2,973p, citing an attractive valuation.
Read moreElementis shareholder Gatemore calls for strategic review
25th Jun 2024 09:56
(Sharecast News) - Elementis shareholder Gatemore Capital Management said on Tuesday that if the company does not launch a strategic review, accelerate its cost-savings programme and replace its chief executive, it may seek to oust the chairman.
Read moreWarehouse REIT reports robust year, part-acquires Ventura Retail Park
25th Jun 2024 09:48
(Sharecast News) - Warehouse REIT reported a robust set of full-year results on Tuesday, driven by strong occupational demand and a focus on multi-let assets.
Read moreAsia report: Most markets rise after mixed day on Wall Street
25th Jun 2024 09:25
(Sharecast News) - Stock markets in the Asia-Pacific region experienced mostly positive performance on Tuesday, with Japan's Topix reaching its highest level in three weeks.
Read moreWynnstay reports weaker first half amid challenging market
25th Jun 2024 09:08
(Sharecast News) - Wynnstay Group reported a set of interim results impacted by challenging trading conditions on Tuesday, as anticipated.
Read moreGear4music revenue falls, profit rises as expected
25th Jun 2024 08:55
(Sharecast News) - Online musical instrument and equipment retailer Gear4music reported final results in line with market forecasts on Tuesday, with revenue down 5% year-on-year to £144.4m, reflecting a strategic focus on enhancing gross margins and reducing costs to prioritise profitability over revenue growth.
Read moreIG Design swings back to full-year reported profitability
25th Jun 2024 08:46
(Sharecast News) - IG Design Group reported a successful second year in its three-year turnaround plan on Tuesday, with significant improvements in operational efficiency and business simplification.
Read moreFunding Circle to sell US business to iBusiness Funding for £33m
25th Jun 2024 08:26
(Sharecast News) - Funding Circle said on Tuesday that it has agreed to sell its US business to Miami-based iBusiness Funding (IBF) for £33m.
Read moreLondon open: Stocks nudge up; Ocado and Melrose under the cosh
25th Jun 2024 08:01
(Sharecast News) - London stocks nudged higher in early trade on Tuesday following a mixed close on Wall Street, as investors eyed the release of a key US inflation reading and UK GDP data later in the week.
Read moreEurope open: Aerospace stocks drop as Airbus cuts forecasts
25th Jun 2024 07:56
(Sharecast News) - European stocks were mostly lower on Tuesday with heavy falls in Frankfurt and Paris outweighing a more subdued performance elsewhere with heavyweights Airbus and Merck leading the decline.
Read moreVertu sees solid Q1 growth, but ZEV mandate raises uncertainty
25th Jun 2024 07:55
(Sharecast News) - Automotive retailer Vertu Motors said that results should be in line with market expectations after a solid start to the new financial year, with new and used car sales rising along growing volumes in fleet and commercial vehicles.
Read moreDeutsche Bank downgrades Airbus to 'hold' after profit warning
25th Jun 2024 07:45
(Sharecast News) - Deutsche Bank downgraded Airbus to 'hold' from 'buy' on Tuesday after the company cut its earnings guidance and delivery targets on Monday.
Read moreSaga on track despite insurance difficulties
25th Jun 2024 07:44
(Sharecast News) - Over-50s holidays and financial products group Saga has said it remains on track to hit targets after an in-line start to its financial year, despite ongoing challenges in the insurance market.
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