News Archive

Berenberg downgrades SSP to 'hold'

20th Jun 2024 11:51

(Sharecast News) - Berenberg downgraded its stance on shares of Upper Crust owner SSP to 'hold' from 'buy' on Thursday and cut the price target to 180p from 280p as it said first-half results outlined earnings risks.

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Bank of England leaves rates on hold

20th Jun 2024 11:51

(Sharecast News) - The Bank of England left interest rates on hold on Thursday, as widely expected, despite falling inflation.

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Sirius Real Estate makes £31m worth of UK acquisitions

20th Jun 2024 11:47

(Sharecast News) - Germany and UK-focussed business and industrial park investor Sirius Real Estate announced £31m worth of completed acquisitions in the UK on Thursday.

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Europe midday: Shares up as Swiss slice rates; UK, Norway hold

20th Jun 2024 11:27

(Sharecast News) - European shares held gains on Thursday as Switzerland cut interest rates for the second time this year while the UK and Norway held firm.

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Trading apps found to encourage risk-taking as FCA keeps platforms under review

20th Jun 2024 10:47

(Sharecast News) - UK financial regulators have announced that they are keeping trading apps under review over concerns that they are encouraging risk-taking among users.

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Cyber security revenues push higher at NCC

20th Jun 2024 10:35

(Sharecast News) - NCC Group said on Thursday that cyber security revenues had returned to growth, helping annual operating profits come in ahead of expectations.

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London midday: FTSE stays just higher as BoE stands pat

20th Jun 2024 10:07

(Sharecast News) - London stocks were still just a touch higher by midday on Thursday as the Bank of England left interest rates on hold as widely expected, despite falling inflation.

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Berenberg slashes YouGov price target

20th Jun 2024 10:06

(Sharecast News) - Berenberg slashed its price target on YouGov on Thursday to 1,200p from 1,350p after the company warned that full-year profits and revenue will be lower than expected due to slow demand in its data products division.

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Asia report: Stocks mixed as China maintains key lending rates

20th Jun 2024 09:59

(Sharecast News) - Asia-Pacific markets experienced a mixed performance on Thursday following China's decision to keep its benchmark lending rates unchanged.

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Lords Group trading in line as it integrates acquisitions

20th Jun 2024 09:59

(Sharecast News) - Building materials distributor Lords Group reported stable revenue in line with management expectations in an update on Thursday.

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Switzerland cuts interest rates again

20th Jun 2024 09:45

(Sharecast News) - The Swiss National Bank cut its key rate on Thursday to 1.25% from 1.5%.

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Profits surge at CMC Markets, shares spark

20th Jun 2024 09:37

(Sharecast News) - CMC Markets posted a better-than-expected surge in annual profits on Thursday, boosted by a strong performance across both its retail and institutional divisions.

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YouGov warns profits will be lower than expected, shares tumble

20th Jun 2024 09:30

(Sharecast News) - YouGov tumbled on Thursday as it cautioned that full-year profits and revenue will be lower than expected due to slow demand in its data products division.

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US pre-open: Markets to extend records as Nvidia rally continues

20th Jun 2024 09:23

(Sharecast News) - US stock futures were pointing to a positive start on Wall Street on Thursday as markets reopen after the Juneteenth public holiday, with the S&P 500 and Nasdaq expected to test new record highs.

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Norwegian central bank holds rates steady, won't ease policy until next year

20th Jun 2024 09:23

(Sharecast News) - Norway's central bank kept interest rates unchanged on Thursday and warned that inflation will likely remain elevated for some time, with monetary policy likely to remain stable until at least the end of the year.

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