News Archive
Europe midday: Shares lower as EZ inflation falls; Accelleron spikes on guidance
17th Jul 2024 11:03
(Sharecast News) - European shares opened lower on Wednesday as investors digested the latest UK inflation figures which came in slightly higher than forecast, dampening hopes of a rate cut from the Bank of England, while shares in Danish hearing aid company Demant tanked after a profit warning.
Read moreNiox revenue, earnings grow in H1
17th Jul 2024 10:48
(Sharecast News) - Medical devices business Niox said on Wednesday that both revenues and underlying earnings had grown in the six months ended 30 June.
Read moreLondon midday: Stocks steady as investors mull inflation reading
17th Jul 2024 10:47
(Sharecast News) - London stocks were flat by midday on Wednesday as UK inflation fell a touch less than expected and services inflation remained sticky, dampening hopes of a rate cut in August.
Read moreEZ June inflation confirmed at 2.5%
17th Jul 2024 10:16
(Sharecast News) - Inflation in the eurozone fell to 2.5% in June from 2.6% in May, in line with the flash estimate published on July 2, according to official data published on Wednesday.
Read moreBody Shop to be bought out of administration
17th Jul 2024 10:07
(Sharecast News) - A consortium backed by British tycoon Mike Jatania has agreed to buy The Body Shop International out of administration, it was announced on Wednesday.
Read moreBody Shop to be bought out of administration
17th Jul 2024 10:07
(Sharecast News) - A consortium backed by British tycoon Mike Jatania has agreed to buy The Body Shop International out of administration, it was announced on Wednesday.
Read moreOxford Biomedica appoints new finance chief
17th Jul 2024 09:51
(Sharecast News) - Cell and gene therapy contract development and manufacturing organisation (CDMO) Oxford Biomedica announced the appointment of Lucinda 'Lucy' Crabtree as its new chief financial officer and a member of the board on Wednesday.
Read moreAsia report: Markets mixed as Japan manufacturing confidence rises
17th Jul 2024 09:43
(Sharecast News) - Asia-Pacific markets displayed a mixed performance on Wednesday, with Australia's benchmark surging to an all-time high, buoyed by strong performances in several key sectors.
Read morePernod Ricard to sell international wine brands to Accolade Wines owner
17th Jul 2024 09:38
(Sharecast News) - Pernod Ricard said on Wednesday that it has agreed to sell its international strategic wine brands to Australian Wine Holdco Limited (AWL), a consortium of international institutional investors and owner of Accolade Wines.
Read moreVF offloads Supreme to EssilorLuxottica for $1.5bn
17th Jul 2024 09:28
(Sharecast News) - Vans, Timberland and North Face owner VF Corp is selling Supreme to EssilorLuxottica for $1.5bn, just four years after the apparel conglomerate bought the streetwear brand for $2.1bn.
Read moreRBC cuts Legal & General to 'sector perform'
17th Jul 2024 09:09
(Sharecast News) - RBC Capital Markets has downgraded Legal & General from 'outperform' to 'sector perform', saying that the pension risk transfer (PRT) market has "los[t] some of its lustre".
Read moreUK house price growth accelerates, rent inflation stays elevated
17th Jul 2024 08:58
(Sharecast News) - The annual increase in UK house prices accelerated sharply in May, while rent inflation stayed close to multi-year highs, according to the latest data released on Wednesday by the Office for National Statistics.
Read moreHvivo delivers record revenues in H1, reiterates FY guidance
17th Jul 2024 08:46
(Sharecast News) - Contract research organisation Hvivo restated full-year guidance on Wednesday as the group revealed it had delivered record revenues in H1.
Read moreCVC eyes up possible Telegraph bid - report
17th Jul 2024 08:30
(Sharecast News) - Private equity giant CVC is running a slide rule over The Telegraph, it was reported on Wednesday, the latest potential bidder to show an interest in the UK newspaper.
Read moreGenus scales back profit outlook on China, Brazil weakness
17th Jul 2024 07:50
(Sharecast News) - Genus saw its share price drop sharply on Wednesday after the animal genetics group said profits this year would be lower than expected due to ongoing market challenges in China and Brazil.
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