News Archive
3M CFO Monish Patolawala resigns
10th Jul 2024 12:48
(Sharecast News) - 3M said on Wednesday that president and chief financial officer Monish Patolawala has resigned with effect from 31 July to pursue another opportunity.
Read moreHSBC set to reorganise investment banking division
10th Jul 2024 12:45
(Sharecast News) - HSBC is reorganising its investment banking division to mirror the structure of competitors like Citigroup, according to fresh reports on Wednesday.
Read moreMorgan Stanley double upgrades IAG to 'overweight', shares fly higher
10th Jul 2024 12:18
(Sharecast News) - Morgan Stanley double upgraded IAG on Wednesday to 'overweight' from 'underweight' and lifted the price target to €2.80 from €2.10.
Read moreUS pre-open: Stocks mixed ahead of Powell's House testimony
10th Jul 2024 11:46
(Sharecast News) - Wall Street futures were mixed ahead of the bell on Wednesday as Jerome Powell gets set to return to Capitol Hill for a second straight day.
Read moreCaledonia Mining reports strong first half at Blanket
10th Jul 2024 11:37
(Sharecast News) - Caledonia Mining announced strong gold production results for the quarter and half-year ended 30 June at its Blanket Mine in Zimbabwe on Wednesday.
Read moreVolkswagen deliveries fall on China weakness, margin guidance cut
10th Jul 2024 11:32
(Sharecast News) - German car giant Volkswagen said vehicle deliveries inched lower in the first half as growth was held back by declines in China and the rest of Asia, just one day after it lowered its margin forecasts for the full year.
Read moreEurope midday: Shares hold gains; SSP soars on trading update
10th Jul 2024 11:32
(Sharecast News) - European shares were higher on Wednesday as investors eyed the second day of testimony from US Federal Reserve boss Jerome Powell, while shares in travel food outlet operator SSP Group surged on an upbeat trading update,
Read moreJohnson Service Group flags rise in half-year revenue
10th Jul 2024 11:31
(Sharecast News) - Textile service provider Johnson Service Group issued a positive trading update for the six months ended 30 June on Wednesday, anticipating revenue of £244.1m, up from £215m a year earlier.
Read moreMpac H1 profits 'substantially above' prior year
10th Jul 2024 11:27
(Sharecast News) - Packaging and automation solutions provider Mpac said on Wednesday that trading throughout the first half has been in line with internal expectations, with profits for the period "substantially above" the prior year.
Read moreImpax reports fall in AUM, acquires SKY Harbor's Europe assets
10th Jul 2024 11:27
(Sharecast News) - Impax Asset Management reported a 6.8% decrease in assets under management (AUM) for its third quarter on Wednesday, and announced the acquisition of SKY Harbor Capital Management.
Read moreLondon midday: Stocks push higher as airlines gain
10th Jul 2024 11:14
(Sharecast News) - London stocks had extended gains by midday on Wednesday, helped along by a strong showing from airlines, as investors turned their attention to Federal Reserve chair Jerome Powell's second day of testimony to Congress and this week's US inflation reading.
Read morePersonal Group disposes of salary sacrifice division
10th Jul 2024 11:08
(Sharecast News) - Workforce benefits and services provider Personal Group has disposed of its salary sacrifice division for a total upfront consideration of £2.0m on a cash-free, debt-free basis.
Read moreCordel secures North American railroad contract
10th Jul 2024 10:57
(Sharecast News) - Artificial intelligence platform operator Cordel Group has secured a new customer contract with Genesee & Wyoming, the owner and lessor of more than 100 short line and regional freight railroads in North America.
Read moreCorero closes out Q2 with 'significant new orders'
10th Jul 2024 10:51
(Sharecast News) - Network security specialists Corero has received "significant new orders" for its SmartWall ONE distributed denial of services protection solutions to close out the second quarter.
Read moreCorero closes out Q2 with 'significant new orders'
10th Jul 2024 10:51
(Sharecast News) - Network security specialists Corero has received "significant new orders" for its SmartWall ONE distributed denial of services protection solutions to close out the second quarter.
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