News Archive
Galliford Try FY profits and revenue to beat analysts' expectations
11th Jul 2024 09:36
(Sharecast News) - Construction group Galliford Try said on Thursday that full-year revenue and profit were set to be above the upper end of current analyst forecasts as "strong momentum" reported at the first half continued into the second.
Read moreVidendum sees slow recovery following Hollywood strikes
11th Jul 2024 09:21
(Sharecast News) - Microphone, camera and video equipment makers Videndum said revenues were in line with expectations in the first half, though a recovery was taking longer than expected following the Hollywood actors' and writers' strikes that have affected trading over the past year.
Read moreMJ Gleeson flags mixed year for homes, land divisions
11th Jul 2024 09:15
(Sharecast News) - MJ Gleeson said in a trading update on Thursday that its full-year results were set to align closely with market expectations.
Read moreDCC divests majority stake in liquid gas business
11th Jul 2024 09:13
(Sharecast News) - Sales firm DCC has divested its majority stake in liquid gas business Hong Kong & Macau to Asian industrial group CITADEL Pacific.
Read moreFCA unveils biggest overhaul of listing rules in three decades
11th Jul 2024 09:00
(Sharecast News) - The financial regulator has shaken up UK listing rules, it was confirmed on Thursday, as it looks to encourage more companies to join the London Stock Exchange.
Read moreUS inflation drops to 12-month low in June
11th Jul 2024 08:52
(Sharecast News) - US inflation dropped to its lowest level in a year in June, tying the smallest rate of price growth since early 2021, according to figures released on Thursday from the Department of Labor Statistics.
Read moreAsia close: Stocks rise, Chinese third plenum and geopolitics in focus
11th Jul 2024 08:48
(Sharecast News) - Shares were higher across most of the Asia-Pacific region, albeit sometimes with a helping hand from authorities.
Read moreMoonpig slumps as investors offload 35m shares in placing
11th Jul 2024 08:35
(Sharecast News) - Moonpig slumped on Thursday after a group of investors sold 35m shares in the company in a placing via Citi, JPMorgan and Jefferies, raising proceeds of approximately £61m.
Read moreBerenberg initiates coverage on Idox at 'buy'
11th Jul 2024 08:32
(Sharecast News) - Analysts at Berenberg initiated coverage on software specialist Idox with a 'buy' rating and 81.0p target price on Thursday, citing an attractive geo-spatial opportunity.
Read moreEurope open: Shares up ahead of US inflation print; UK GDP on the rise
11th Jul 2024 08:19
(Sharecast News) - European shares opened higher on Thursday ahead of a key US inflation report and news that the UK economy grew more than expected in May.
Read moreTrustpilot H1 revenues grow
11th Jul 2024 08:18
(Sharecast News) - Review website operator Trustpilot said on Thursday that interim revenues had grown, reflecting momentum across its focus markets and "significantly improved" retention in North America.
Read moreLondonMetric disposes of five properties for £26.7m
11th Jul 2024 08:07
(Sharecast News) - Real estate investment trust LondonMetric Property has disposed of five properties for a combined total of £26.7m.
Read moreBytes Technology trades well amid 'competitive market environment'
11th Jul 2024 08:00
(Sharecast News) - Computer software reseller Bytes Technology Group said on Thursday that it has continued to "trade well" against the backdrop of a "competitive market environment", with good growth across key financial performance metrics for the first four months of the trading year.
Read moreWorkspace grows Q1 rental income as pricing improves
11th Jul 2024 07:59
(Sharecast News) - Office owner and operator Workspace Group said an improvement in pricing helped lift rental income in its first quarter as occupancy held stable, while new lettings were bolstered by "resilient" customer demand.
Read moreLondon open: FTSE nudges up after stronger-than-expected UK GDP
11th Jul 2024 07:57
(Sharecast News) - London stocks nudged higher in early trade on Thursday following better-than-expected UK GDP data, as investors looked ahead to the latest US inflation reading.
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