News Archive
Trustpilot slumps after Vitruvian sells 12.5m shares in placing
16th Jul 2024 07:43
(Sharecast News) - Trustpilot tumbled on Tuesday after Vitruvian Partners sold 12.5m shares in the company in a placing at 220p each.
Read moreRio Tinto misses estimates with iron ore shipments in Q2
16th Jul 2024 07:35
(Sharecast News) - Mining giant Rio Tinto said it was starting to see a "step-change" in production with output of iron ore, bauxite and aluminium all growing in the second quarter, though iron ore shipments were worse than expected due to a train derailment during the period.
Read moreWise Q1 customers, volumes rise as fee cuts continue
16th Jul 2024 07:32
(Sharecast News) - Global money transfer service Wise has reported a rise in customer numbers and volumes as it continued to cut transaction fees.
Read moreLondon pre-open: Stocks set for more losses
16th Jul 2024 07:29
(Sharecast News) - London stocks were set for more losses on Tuesday despite a positive close on Wall Street.
Read moreSpectris buys US materials analysis firm Micromeritics for $630m
16th Jul 2024 07:22
(Sharecast News) - Precision measurement tools group Spectris is spending $630m to buy US-based Micromeritics Instrument Corporation to bolster its offering in particle characterisation for advanced materials analysis.
Read moreTuesday newspaper round-up: Elon Musk, Julian Dunkerton, SSE/TotalEnergies
16th Jul 2024 07:21
(Sharecast News) - Elon Musk has said he plans to give $45m a month to a Super Pac focused on electing Donald Trump, starting in July, the Wall Street Journal has reported. The tech billionaire, who endorsed Trump two days ago, has already donated what was described as "a sizable amount" to the America Pac, though the actual amount of the donation will not be made public in election filings until 15 July, Bloomberg reported. - Guardian
Read moreB&M confident after first-quarter growth
16th Jul 2024 07:17
(Sharecast News) - Variety discount retailer B&M European Value Retail reported a 2.4% increase in group revenue for its first quarter on Tuesday.
Read moreBrickability FY profits slump in 'challenging year'
16th Jul 2024 07:16
(Sharecast News) - Building materials group Brickability said on Tuesday that both revenue and profits had declined in the six months ended 31 March as it continued to navigate what it called "a challenging year".
Read moreOcado narrows H1 losses, lifts guidance for tech division
16th Jul 2024 07:03
(Sharecast News) - Shares in Ocado surged on Tuesday after the online grocer and technology company reported narrower interim losses and lifted full-year guidance as revenue grew across all its divisions.
Read moreUS close: Dow hits new record on Trump bets, Powell comments
15th Jul 2024 22:26
(Sharecast News) - US stocks advanced on Monday, with the Dow Jones Industrial Average reaching a new record high, as investors digested somewhat dovish comments from the Federal Reserve chair and the increased likelihood of former president Donald Trump returning to office following an assassination attempt.
Read moreEurope close: Stocks start week on weak note
15th Jul 2024 16:48
(Sharecast News) - European shares were lower on Monday, as traders analysed the potential impact of the attempted assassination of US presidential candidate Donald Trump on markets, along with weak China GDP data.
Read moreBroker tips: Ocado, Prudential
15th Jul 2024 16:23
(Sharecast News) - Bernstein downgraded Ocado on Monday to 'underperform' from 'outperform' and slashed its price target on the stock to 250.0p from 1,000.0p, having been "one of the last bulls standing".
Read moreTuesday preview: US retail sales, Ocado in focus
15th Jul 2024 15:41
(Sharecast News) - Investors' focus on Tuesday will be on the US retail sales report covering the month of June.
Read moreZenova's FX extinguishers approved for use on UK-flagged vessels
15th Jul 2024 15:41
(Sharecast News) - Fire suppression and interdiction specialist Zenova Group announced that its Zenova FX range of six- and nine-litre extinguishers has been approved as marine equipment under the Merchant Shipping (Marine Equipment) Regulations (MER) by BSI.
Read moreDirector dealings: Jet2 chairman ups stake
15th Jul 2024 15:37
(Sharecast News) - Jet2 revealed on Monday that chairman Robin Terrell had acquired 8,557 ordinary shares in the London-listed leisure travel group.
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