News Archive

Wood Group backs full-year outlook despite revenue dip

11th Jul 2024 07:54

(Sharecast News) - John Wood Group reiterated its full-year outlook on Thursday, despite a fall in interim revenues.

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RBC Capital downgrades Anglo American, cuts forecasts on Grosvenor fire

11th Jul 2024 07:43

(Sharecast News) - RBC Capital Markets downgraded Anglo American on Thursday to 'sector perform' from 'outperform' and cut the price target to 2,600p from 3,100p.

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UK water consumers slapped with 21% price hike by Ofwat

11th Jul 2024 07:43

(Sharecast News) - Britain's long-suffering water customers will see bills rise by 21% over the next five years amid a continuing sewage pollution crisis, water regulator Ofwat said on Thursday, adding that it had put Thames Water into special measures over its poor performance.

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RS Group expects LFL sales decline to ease

11th Jul 2024 07:40

(Sharecast News) - Industrial maintenance, repair and operation products firm RS Group said it continues to expect a stabilisation in trading conditions over the current financial year, after a slight fall in like-for-like sales in the first quarter.

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Friday preview: US producer prices, Ashmore Group in focus

11th Jul 2024 07:39

(Sharecast News) - Inflation will continue to be in focus on either side of the Pond at the end of the week.

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London pre-open: Stocks to rise after better-than-expected UK GDP

11th Jul 2024 07:29

(Sharecast News) - London stocks were set to rise at the open on Thursday following a positive close on Wall Street and better-than-expected UK GDP data, as investors looked ahead to the latest US inflation reading.

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Frasers Group ups stake in Hugo Boss

11th Jul 2024 07:28

(Sharecast News) - Frasers Group has increased its stake in German fashion brand Hugo Boss, the UK retailer confirmed on Thursday.

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Hays sees FY profit at bottom end of market views as Q4 fees drop

11th Jul 2024 07:21

(Sharecast News) - Recruiter Hays said on Thursday that full-year profit was set to be around the bottom end of the market consensus range of £106m to £113m as it posted a drop in fourth-quarter net fees.

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Severn Trent on track after strong Q1

11th Jul 2024 07:15

(Sharecast News) - Water provider Severn Trent has hailed a strong financial performance over its first quarter and said it continues to expect to hit guidance.

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Dr Martens holds guidance, says trading in line

11th Jul 2024 07:14

(Sharecast News) - UK bootmaker Dr Martens held annual guidance and said trading since the start of the current financial year has been in line with expectations.

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German June CPI confirmed at 2.2%

11th Jul 2024 07:12

(Sharecast News) - German inflation was confirmed at 2.2% in June, down from 2.4% in May, the federal statistics agency said on Thursday.

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Thursday newspaper round-up: Elon Musk, The Body Shop, Telegraph

11th Jul 2024 07:10

(Sharecast News) - Popular trader recommendation websites must vet the firms they advertise and tackle fake reviews under new rules designed to protect households from cowboy builders and tradespeople. Nationally, unscrupulous traders cost homeowners about £1.4bn a year, according to trading standards authorities, a problem that is escalating as demand for home improvements, loft conversions and extensions increases. - Guardian

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Totally secures £11m worth of contracts

11th Jul 2024 07:05

(Sharecast News) - Healthcare service provider Totally announced the securing of multiple contracts valued at around £11m on Thursday, set to be recognised within the current financial year.

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Bunzl buys two more distribution firms

11th Jul 2024 07:03

(Sharecast News) - Specialist international distribution and services group Bunzl on Thursday said it had added two more companies to its ever-expanding portfolio.

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UK economy gathers momentum in May

11th Jul 2024 07:03

(Sharecast News) - The UK economy grew by more than expected in May, official data released on Thursday showed.

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