News Archive

Bloomsbury delivers 'strong' YTD performance

16th Jul 2024 09:35

(Sharecast News) - Publishing house Bloomsbury said on Tuesday that it had delivered a "strong performance" over the first four months of its trading year, in line with recently upgraded expectations.

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McBride underwhelms with full-year profit guidance, shares drop

16th Jul 2024 09:19

(Sharecast News) - Shares in McBride dropped on Tuesday, pulling back after an impressive surge so far this year, as the cleaning goods manufacturer underwhelmed with annual profit guidance in a pre-close trading update.

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Experian Q1 revenues grow, COO steps down

16th Jul 2024 09:13

(Sharecast News) - Credit reporting company Experian shares traded lower on Tuesday after the announcement of its chief operating officer's departure offset news that revenues had grown in the three months ended 30 June.

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Asia report: Markets make modest gains after Powell speech

16th Jul 2024 09:04

(Sharecast News) - Markets in the Asia-Pacific region closed mostly higher on Tuesday as investors digested comments from US Federal Reserve chair Jerome Powell.

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Hugo Boss downgrades expectations amid China, UK weakness

16th Jul 2024 09:03

(Sharecast News) - Shares in German fashion house Hugo Boss were sliding on Tuesday morning, after the company downgraded its sales and earnings projections for the year amid diminished consumer demand, particularly in China and the UK.

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Eurozone trade surplus unexpectedly shrinks

16th Jul 2024 09:03

(Sharecast News) - The Eurozone's trade surplus unexpectedly shrank in May, falling to its lowest level in four months, according to figures released on Tuesday by Eurostat.

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Richemont sales flat as weak China demand weighs on luxury sector

16th Jul 2024 09:03

(Sharecast News) - Cartier owner Richemont said sales were flat in the three months to the end of June as it became the latest luxury goods to be hit by a heavy fall in Chinese demand.

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Intermediate Capital Group posts higher-than-expected total Q1 AuM

16th Jul 2024 09:02

(Sharecast News) - Intermediate Capital Group raised more funds than expected at the start of its fiscal year amid "elevated" transaction activity.

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Wednesday preview: UK CPÎ, euro area CPI in the spotlight

16th Jul 2024 08:52

(Sharecast News) - The market spotlight in the middle of the week will shift back towards the UK and the release of the consumer price report for the month of June.

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Europe open: Shares lower despite dovish Powell; Hugo Boss tanks

16th Jul 2024 08:42

(Sharecast News) - European shares opened lower on Tuesday as investors digested dovish remarks from US Federal Reserve chair Jerome Powell on interest rates, while shares in Hugo Boss fell sharply as the German fashion house cut annual sales guidance.

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RBC Capital starts Auction Technology at 'sector perform'

16th Jul 2024 08:19

(Sharecast News) - RBC Capital Markets started coverage of Auction Technology on Tuesday with a 'sector perform' rating and a 540p price target.

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RBC hails growth potential at Domino's Pizza Group

16th Jul 2024 08:05

(Sharecast News) - RBC Capital Markets has started coverage of UK-listed Domino's Pizza Group with an 'outperform' rating, hailing the appointment of a new chief executive along with the company's numerous opportunities to drive order growth.

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London open: Stocks fall as Burberry, Rio Tinto lead the decline

16th Jul 2024 08:03

(Sharecast News) - London stocks fell in early trade on Tuesday as investors continued to mull political developments in the US, with Burberry and Rio Tinto on the back foot.

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IntegraFin delivers 'robust' net inflows in Q3

16th Jul 2024 08:03

(Sharecast News) - Investment platform operator Integrafin said on Tuesday that it had delivered "robust net inflows and organic growth" in the three months ended 30 June.

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Vanquis Banking to miss FY ROTE target

16th Jul 2024 07:55

(Sharecast News) - Vanquis Banking Group warned on Tuesday that it does not expect to meet its FY24 guidance of low single digit return on tangible equity due to additional write-downs.

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