News Archive
McBride on track to hit forecasts, but cautious about cost pressures
12th Nov 2024 09:35
(Sharecast News) - White-label and branded household products maker McBride said it expects to deliver its third straight year of revenue growth, having performed in line with market expectations in its fiscal second quarter.
Read moreBayer cuts earnings outlook, shares tumble
12th Nov 2024 09:34
(Sharecast News) - Bayer shares tumbled on Tuesday as it cut its full-year earnings guidance.
Read moreDCC to focus on energy sector, shares surge
12th Nov 2024 09:13
(Sharecast News) - DCC surged on Tuesday as it announced plans to simplify its operations and focus on the energy sector, reported a rise interim profit and lifted its dividend.
Read moreFranchise Brands shares drop on uncertain outlook
12th Nov 2024 08:50
(Sharecast News) - Shares in AIM-listed Franchise Brands dropped sharply on Tuesday after the franchisor said that full-year profits are likely to come in at the lower end of market forecasts.
Read moreAsia report: Another US rally fails to spark regional markets
12th Nov 2024 08:48
(Sharecast News) - Asia-Pacific markets experienced widespread declines on Tuesday, as investor caution lingered despite a strong rally in US stocks, where key benchmarks closed at record highs following last week's election results.
Read moreMarks Electrical reports growth, but 'leaned too far' into lower-margin products
12th Nov 2024 08:48
(Sharecast News) - Marks Electrical Group reported a solid first-half performance on Tuesday, with revenue rising 9.3% to £58.8m, driven by 13% volume growth in major domestic appliances and a more-than-90% increase in consumer electronics volumes, though it was impacted by a shift towards lower-margin non-premium products.
Read moreRenewi reports 'tangible progress' in first half
12th Nov 2024 08:42
(Sharecast News) - Renewi reported a solid first-half performance on Tuesday, with revenue from continuing operations up 4% to €874.5m, driven by strong pricing in its commercial waste division and significant growth in specialities.
Read moreOxford Instruments confident despite some market softness
12th Nov 2024 08:37
(Sharecast News) - Oxford Instruments reported first-half revenue growth and strategic progress on Tuesday, recording a 10.4% increase in revenue at constant currency to £225.8m, supported by strong performance in North America and Asia outside of China.
Read moreEurope open: Shares fall as US-driven rally ends; Bayer slumps
12th Nov 2024 08:33
(Sharecast News) - European shares fell sharply at the open, giving up gains driven by a post-US election bounce that drove tech stocks higher amid optimism the new administration would bring in business-friendly policies.
Read more4Imprint confident after US election cycle 'distraction'
12th Nov 2024 08:28
(Sharecast News) - 4imprint Group reported a robust performance for the 10 months through October in an update on Tuesday, achieving revenue growth and maintaining profitability in a challenging North American market.
Read moreGerman economic sentiment deteriorates in November - ZEW
12th Nov 2024 08:22
(Sharecast News) - German business sentiment deteriorated in November, according to a survey released on Tuesday by the ZEW Center for European Economic Research in Mannheim.
Read moreBank of Georgia confident after strong third quarter, election fallout
12th Nov 2024 08:19
(Sharecast News) - Bank of Georgia Group reported a strong third-quarter financial performance on Tuesday, with consolidated profit for the period rising by 42.5% year-on-year to GEL 509.3m (£145.29m), reflecting a return on average equity of 32.1%.
Read moreVodafone reiterates guidance after first-half revenue growth
12th Nov 2024 08:19
(Sharecast News) - Vodafone Group reported a 1.6% rise in total revenue to €18.3bn for the first half of its financial year on Tuesday, with service revenue growing 1.7% to €15.1bn.
Read moreShell wins appeal against Dutch ruling to cut emissions
12th Nov 2024 08:18
(Sharecast News) - Oil producer Shell has won its appeal in a Dutch court against a 2021 ruling to slash its global carbon emissions.
Read moreLondon open: Stocks fall as investors mull jobs data; Convatec surges
12th Nov 2024 08:16
(Sharecast News) - London stocks fell in early trade on Tuesday as data revealed an uptick in unemployment and a cooling in wage growth, and as investors sifted through a raft of corporate releases.
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