News Archive
London midday: Stocks pop higher as investors digest inflation reading
19th Jun 2024 11:08
(Sharecast News) - London stocks had popped into the black by midday on Wednesday as data showed that annual consumer price inflation eased to the Bank of England's 2% target in May, but services inflation remained high.
Read more'Visionary' Canary Wharf chair George Iacobesu to step down
19th Jun 2024 11:04
(Sharecast News) - Sir George Iacobescu, Canary Wharf Group's long-standing chair and the driving force behind the site's development, is retiring after 36 years with the company, it was confirmed on Wednesday.
Read moreEurope midday: Shares in downbeat mood despite strong Wall St
19th Jun 2024 10:49
(Sharecast News) - The ebullient close on Wall Street and a fall in UK inflation to 2% for the first time since 2021 failed to inspire European markets on Wednesday with shares sliding lower.
Read moreIxico wins £1m research contract
19th Jun 2024 10:35
(Sharecast News) - Precision analytics company Ixico announced a new contract valued at over £1m on Wednesday.
Read moreLight Science Technologies secures £0.75m contract
19th Jun 2024 10:34
(Sharecast News) - Light Science Technologies announced a significant contract worth over £0.75m on Wednesday, with a new blue-chip customer, for its passive fire protection division LSTH IFB.
Read moreBrave Bison trading in line with expectations
19th Jun 2024 10:31
(Sharecast News) - Digital advertising and technology services company Brave Bison said in an update on Wednesday that trading in the first five months of 2024 met expectations, with the board anticipating adjusted profit before tax for the six months ended 30 June to surpass the prior year's figures.
Read morePowerhouse installs crucial kiln at Bridgend Technical Centre
19th Jun 2024 10:23
(Sharecast News) - Powerhouse Energy announced the successful delivery and installation of its thermal conversion chamber (TCC) at its Bridgend Technical Centre on Wednesday.
Read moreEurozone construction output falls 0.2% in April
19th Jun 2024 10:21
(Sharecast News) - Eurozone construction output fell 0.2% in April 2024 compared with the prior month, according to flash estimates from Eurostat, the statistical office of the European Union.
Read moreAvingtrans flags record full-year revenue
19th Jun 2024 10:14
(Sharecast News) - Energy, medical, and industrial components, modules, systems, and services provider Avingtrans reported record revenue from continuing operations for the financial year ended 31 May in an update on Wednesday.
Read moreSeverfield profits beat forecasts despite lower revenue
19th Jun 2024 10:05
(Sharecast News) - Structural steel specialist Severfield reported revenue of £463.5m in its final results on Wednesday, down from £491.8m in 2023 amid softer market conditions.
Read moreBerenberg hikes target price for Oxford Instruments
19th Jun 2024 09:41
(Sharecast News) - Berenberg has hiked its price target for shares of Oxford Instruments by 12% and reiterated a 'buy' rating, saying that the stock still trades at a significant discount to others in the sector despite strong growth momentum.
Read moreAsia report: Markets mixed as investors digest Japan trade data
19th Jun 2024 09:35
(Sharecast News) - Asian markets saw a mixed performance on Wednesday, with notable gains in Hong Kong.
Read moreVictoria still outperforms market as full-year losses widen
19th Jun 2024 09:29
(Sharecast News) - Flooring manufacturer and distributor Victoria said in its final results on Wednesday that despite macroeconomic challenges affecting consumer spending on flooring, it still outperformed the broader market in several key regions.
Read moreJefferies lifts Hargreaves Lansdown price target, cuts to 'hold'
19th Jun 2024 09:28
(Sharecast News) - Jefferies lifted its price target on Hargreaves Lansdown on Wednesday to 1,140p from 1,035p but cut the rating to 'hold' from 'buy' after the investment platform said a day earlier that it would recommend a 1,140p a share takeover offer from a consortium led by CVC.
Read moreUK house prices rise for fourth straight month
19th Jun 2024 09:27
(Sharecast News) - House prices in the UK rose for the fourth month in a row in April, according to figures out on Wednesday from the Office for National Statistics.
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