News Archive

Europe midday: Shares extend losses on EZ ind data; Wise slumps

13th Jun 2024 11:40

(Sharecast News) - European stocks extended losses on Thursday on weaker-than-expected eurozone industrial production data, while shares in UK fintech firm Wise plunged on a weaker income forecast.

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ADM Energy reports improvements at JKT facility

13th Jun 2024 11:21

(Sharecast News) - Natural resources investing company ADM Energy updated the market on Thursday on operations at its oil reclamation business, JKT Reclamation, in which it holds a 30.6% economic interest.

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Petards reports lower annual profits, cautious outlook

13th Jun 2024 11:12

(Sharecast News) - Security and surveillance systems group Petards reported a big drop in earnings for 2023 and gave a cautious outlook for the current year, causing shares to drop sharply on Thursday.

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Norcros revenue falls, operating profit rises

13th Jun 2024 11:09

(Sharecast News) - Bathroom and kitchen products supplier Norcros reported revenue of £392.1m in its full-year results on Thursday - a decrease of 11.1% from the prior year, or 6% on a constant currency like-for-like basis.

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London midday: FTSE falls further; Crest Nicholson tumbles on profit warning

13th Jun 2024 10:53

(Sharecast News) - London stocks had fallen further by midday on Thursday as investors mulled the latest policy announcement from the US Federal Reserve, with Crest Nicholson under the cosh after a profit warning.

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Palace Capital announces £22m tender offer

13th Jun 2024 10:49

(Sharecast News) - Palace Capital announced a proposed return of capital to shareholders on Thursday, by way of a tender offer.

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Eurozone industrial production edges lower, misses forecasts

13th Jun 2024 10:41

(Sharecast News) - Eurozone industrial production unexpectedly ticked lower in April, official data showed on Thursday.

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PensionBee reaches £5bn in assets under administration

13th Jun 2024 10:38

(Sharecast News) - Online pension provider PensionBee Group announced significant milestones in an update on Thursday.

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Custodian Property posts robust set of full-year results

13th Jun 2024 10:29

(Sharecast News) - Custodian Property Income REIT reported a robust full-year performance in its final results on Thursday, with EPRA earnings per share growing 3.6% to 5.8p, up from 5.6p in the prior year.

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Kingfisher completes second tranche of £300m buyback

13th Jun 2024 10:23

(Sharecast News) - Kingfisher announced the completion of the second tranche of its £300m share buyback programme on Thursday, which it initially announced on 19 September last year.

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PayPoint earnings rise as it announces share buyback

13th Jun 2024 10:19

(Sharecast News) - PayPoint reported significant progress towards its EBITDA targets in its full-year results on Thursday, and took the wraps off a three-year share buyback programme, starting with at least £20m over the next 12 months.

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US pre-open: Futures mixed following FOMC decision

13th Jun 2024 10:15

(Sharecast News) - Wall Street futures were mixed early on Thursday after the Federal Open Markets Committee's monthly policy meeting wrapped up yesterday.

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Physiomics wins new contract with existing client

13th Jun 2024 09:56

(Sharecast News) - Data sciences business Physiomics said on Thursday that it has been awarded a new contract by an existing, large client.

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Tesla shareholders support $56bn pay package, Musk says

13th Jun 2024 09:42

(Sharecast News) - Billionaire Elon Musk has claimed that Tesla Motors shareholders are voting in favour of his controversial $56bn pay package by "a wide margin".

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NWF FY performance seen in line with expectations

13th Jun 2024 09:38

(Sharecast News) - Agricultural and distribution business NWF that its full-year performance was expected to be in line with market expectations, reflecting a normalisation in the fuels and feeds markets and a strong contribution from its food division.

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