News Archive

Griffin Mining reports record quarterly production results

10th Jul 2024 10:50

(Sharecast News) - Griffin Mining announced record production results for the three months ended 30 June, highlighting significant increases in ore mined and processed at its Caijiaying Mine.

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Honeywell to buy Air Products' LNG business for $1.81bn

10th Jul 2024 10:44

(Sharecast News) - Honeywell said on Wednesday that it has agreed to buy Air Products' liquefied natural gas (LNG) process technology and equipment business for $1.81bn in cash.

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Hostelworld reports solid first-half performance

10th Jul 2024 10:37

(Sharecast News) - Hostelworld Group reported a strong performance for the first half of 2024 on Wednesday, with net bookings reaching 3.7 million, a 9% year-on-year increase, driven by record performances in Asia and Central America.

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Crest Nicholson poised to back £700m Bellway bid

10th Jul 2024 10:20

(Sharecast News) - Crest Nicholson said on Wednesday that it was "minded" to recommend Bellway's revised £720m takeover offer, pushing shares in the housebuilder higher.

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M Winkworth declares Q2 dividend following H1 sales jump

10th Jul 2024 10:20

(Sharecast News) - Real estate agency franchisor M Winkworth declared a second-quarter dividend of 3.0p per share on Wednesday after seeing sales increase throughout the first half of 2024.

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Zigup FY revenues grow as vehicle supply improves

10th Jul 2024 09:34

(Sharecast News) - Automotive rental provider Zigup said on Wednesday that both revenues and earnings had grown in the year ended 30 April amid improving vehicle supply and a growing footprint.

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RBC stays positive about PageGroup despite profit warning

10th Jul 2024 09:33

(Sharecast News) - PageGroup's profit warning this week wasn't enough to deter RBC Capital Markets from changing its 'outperform' rating on the stock, saying it expects a "sharp recovery in earnings".

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UK house prices unchanged in June - Rics

10th Jul 2024 09:18

(Sharecast News) - UK house prices were unchanged in June, a closely-watched survey showed on Thursday, but optimism sparked across the sector following the general election.

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Asia report: Markets mixed on inflation data, RBNZ holds rates

10th Jul 2024 09:12

(Sharecast News) - Asia-Pacific markets exhibited a mixed performance on Wednesday, with Japanese stocks achieving new peaks following the release of expected inflation data.

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Citi upgrades Next, hikes target price by 40%

10th Jul 2024 08:16

(Sharecast News) - Citi has upgraded Next from 'sell' to 'neutral' and hiked its target price by 40% on the back of an improving macro environment in the UK and the retailer's cash position.

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Europe open: Shares up as investors wait on more Fed signals

10th Jul 2024 08:12

(Sharecast News) - European shares opened higher on Wednesday as investors eyed the second day of testimony from US Federal Reserve boss Jerome Powell.

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London open: Stocks rise as investors eye Powell, US inflation

10th Jul 2024 07:59

(Sharecast News) - London stocks rose in early trade on Wednesday as investors turned their attention to Federal Reserve chair Jerome Powell's second day of testimony to Congress and to this week's US inflation reading.

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Direct Line unveils plans to boost growth

10th Jul 2024 07:57

(Sharecast News) - Direct Line is to put its flagship motor brand on price comparison websites for the first time, the insurer said on Wednesday, as part of a wider strategy intended to boost profits and cut costs.

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Grafton revenues fall amid 'challenging' market

10th Jul 2024 07:48

(Sharecast News) - Building and DIY supplies group Grafton said revenue fell 4.4% in the first six months of the year amid challenging trading conditions as consumers held back on discretionary spending.

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New Zealand holds rates steady but notes easing inflation pressures

10th Jul 2024 07:46

(Sharecast News) - New Zealand's central bank kept interest rates steady on Wednesday for the eight straight meeting, but said it was confident inflation would return to its target range over the next six months.

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