News Archive
The Gym Group FY results seen at higher-end of expectations
10th Jul 2024 07:41
(Sharecast News) - Gym operator The Gym Group said on Wednesday that full-year results would likely be at the higher end of expectations following a "strong first half" performance.
Read moreLiontrust upbeat despite fall in assets
10th Jul 2024 07:32
(Sharecast News) - Liontrust Asset Management reported a fall in assets on Wednesday, but insisted it was "well placed" to benefit from an improving environment.
Read moreDiversified Energy to buy eastern Texas natural gas assets from Crescent Pass Energy
10th Jul 2024 07:29
(Sharecast News) - Diversified Energy said on Wednesday that it has agreed to buy natural gas assets from Crescent Pass Energy for about $106m (£84m).
Read moreChina inflation unexpectedly slows to 0.2%
10th Jul 2024 07:28
(Sharecast News) - Chinese inflation unexpectedly slowed in June, according to figures from the National Bureau of Statistics on Wednesday, adding to concerns that consumer demand is keeping a lid on the economic recovery.
Read moreLondon pre-open: Stocks seen up after Tuesday's losses
10th Jul 2024 07:28
(Sharecast News) - London stocks were set to rise at the open on Wednesday following losses in the previous session, as investors eyed the second and final day of Federal Reserve chair Jerome Powell's testimony to Congress.
Read moreWednesday newspaper round-up: Four day working week, Post Office, Linklaters
10th Jul 2024 07:19
(Sharecast News) - Campaigners for a four-day working week are preparing a new pilot project on flexible working in the hope that the Labour government will be more receptive to changes in how people work. The pilot project has opened to companies to sign up for a November start, with findings to be presented to the government in the summer of 2025. - Guardian
Read moreTravis Perkins appoints new chief executive, chair
10th Jul 2024 07:18
(Sharecast News) - Travis Perkins announced the appointment of Pete Redfern as its new chief executive officer on Wednesday, and Geoff Drabble as chair designate, in two big changes to its leadership team.
Read moreHGCapital Trust sells partial stake in team.blue
10th Jul 2024 07:15
(Sharecast News) - HgCapital Trust said it had agreed the partial sale of its investment in tech company team.blue to the Canada Pension Plan Investment Board for an undisclosed sum.
Read moreWetherspoons reports solid Q4 growth with sales at record levels
10th Jul 2024 07:07
(Sharecast News) - Wetherspoons has said it expects profits to hit market expectations as it closes out its financial year with strong sales momentum.
Read moreSSP Group holds guidance as Q3 sales rise on strong travel demand
10th Jul 2024 07:02
(Sharecast News) - Shares in SSP Group surged by 11% on Wednesday as the airport and train station food outlet operator held annual guidance after third quarter sales rose 16%, driven by increasing demand for leisure travel.
Read moreAnnual profits at Barratt set to beat expectations
10th Jul 2024 07:00
(Sharecast News) - Barratt Developments warned on Wednesday that completions would be up to 7% lower in the current year, hit by higher mortgage costs
Read moreUS close: Stocks mixed following Powell testimony
9th Jul 2024 21:25
(Sharecast News) - Major indices delivered a mixed performance on Tuesday as Federal Reserve chairman Jerome Powell headed to Washington DC to testify before the Senate Banking Committee.
Read moreAston Martin rallies as Enrico Cardile set to join F1 team
9th Jul 2024 18:02
(Sharecast News) - Aston Martin rallied on Tuesday on news that Enrico Cardile will join its F1 team in 2025 as chief technical officer, having recently left Ferrari, where he was chassis technical director.
Read moreSector movers: UK stocks underperform their US peers again
9th Jul 2024 16:48
(Sharecast News) - UK stocks underperformed their peers on the other side of the Pond again on Tuesday.
Read moreFed's Powell says 'greater confidence' that prices are falling sustainably is still needed
9th Jul 2024 16:23
(Sharecast News) - The head of US central bank told lawmakers again on Tuesday that policymakers needed "greater confidence" that inflation was headed permanently lower before they could interest rates.
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