News Archive
London open: Stocks gain after US highs; Whitbread jumps
18th Jun 2024 08:02
(Sharecast News) - London stocks rose in early trade on Tuesday following a solid close on Wall Street, which saw the S&P 500 and Nasdaq set new record highs.
Read moreSThree sees 7% decline in first-half net fees
18th Jun 2024 07:59
(Sharecast News) - STEM-specialist recruitment firm SThree said it expects to hit market forecasts this year despite a drop in net fees in the first half.
Read moreTelecom Plus full-year profits beat expectations
18th Jun 2024 07:47
(Sharecast News) - Telecom Plus posted better-than-expected full-year pre-tax profit on Tuesday as customer and service numbers continued to grow.
Read moreRBA holds rates steady but warns of upside risks as inflation persists
18th Jun 2024 07:47
(Sharecast News) - The Reserve Bank of Australia board left its cash rate on hold at 4.35% but warned that persistent inflation and slowing economic growth meant it was ruling "anything in or out" on the future path of monetary policy, with risks to the upside remaining.
Read moreLondon pre-open: Stocks seen up after US gains
18th Jun 2024 07:32
(Sharecast News) - London stocks were set to rise at the open on Tuesday following a solid close on Wall Street, which saw the S&P 500 and Nasdaq set new record highs.
Read moreAshtead narrowly misses profit forecasts as Q4 growth slows
18th Jun 2024 07:28
(Sharecast News) - Equipment rental group Ashtead broadly met consensus estimates with double-digit annual revenue growth, though profits did come in shy of expectations, as the company pointed to a further moderation of growth in the coming year.
Read moreAdvanced Energy abandons pursuit of XP Power
18th Jun 2024 07:26
(Sharecast News) - Denver-based Advanced Energy Industries said on Tuesday that it does not plan to make a takeover offer for XP Power as it has not been able to access the due diligence necessary.
Read moreTuesday newspaper round-up: Investment in the UK, London productivity, EPC
18th Jun 2024 07:24
(Sharecast News) - Investment in the UK has trailed other G7 countries including the US and Germany since the mid-1990s, according to a report that urges Labour and the Conservatives to reverse planned cuts to investment or risk long-term damage to economic growth. The Institute for Public Policy Research (IPPR) thinktank found the UK was bottom of the G7 league for investment in 24 out of the last 30 years, using figures from the Organisation for Economic Co-operation and Development (OECD). - Guardian
Read moreWhitbread confident on FY despite flat first quarter
18th Jun 2024 07:19
(Sharecast News) - Premier Inn owner Whitbread said it was confident on its full year outlook despite flat first quarter sales.
Read moreAstraZeneca trial fails to treat 'challenging' breast cancer
18th Jun 2024 07:17
(Sharecast News) - AstraZeneca announced on Tuesday that the phase three 'CAPItello-290' trial for 'Truqap', or capivasertib, in combination with paclitaxel did not achieve its primary endpoints.
Read moreIntercede delivers record results as profits surge
18th Jun 2024 07:16
(Sharecast News) - Full-year results from cybersecurity firm Intercede showed record revenues and profits, with numbers bolstered by contract wins with US government agencies.
Read moreMelrose appoints former British Land CEO as chair designate
18th Jun 2024 07:12
(Sharecast News) - Aerospace manufacturing group Melrose has appointed the former boss of British Land and veteran banker Chris Grigg as its chair designate.
Read moreSector movers: Stocks mixed amid political uncertainty
17th Jun 2024 17:58
(Sharecast News) - It was a mixed day out on the FTSE 350 amid losses for both cyclicals and defensives amid the ongoing political uncertainty ahead of elections on either side of the Channel.
Read moreDirector dealings: Ecora executives buy shares, Card Factory CEO covers tax bill
17th Jun 2024 17:44
(Sharecast News) - Ecora Resources and Card Factory both announced significant transactions involving their directors on Monday.
Read moreEurope close: Stocks reverse earlier losses to end up
17th Jun 2024 17:13
(Sharecast News) - European shares reversed earlier losses to end up on Monday, with Topdanmark surging ahead after Finnish insurer Sampo agreed to buy its Danish rival for $4.7bn.
Read more