News Archive

Berenberg lowers target price on Victrex

13th Jun 2024 09:22

(Sharecast News) - Analysts at Berenberg lowered their target price on high performance polymers business Victrex from 1,680.0p to 1,491.0p on Thursday, stating the group was "not out of the woods yet".

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Jefferies upgrades Great Portland Estates after rights issue

13th Jun 2024 09:02

(Sharecast News) - Jefferies has upgraded its rating for real estate group Great Portland from 'underperform' to 'hold' in the aftermath of the company's £350m rights issue.

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Asia report: Most markets rise after US Fed decision

13th Jun 2024 09:01

(Sharecast News) - Asia-Pacific markets mostly saw gains on Thursday, after the US Federal Reserve decided to hold the federal funds rate steady at 5.25% to 5.5%.

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Capita to focus on core segments

13th Jun 2024 08:55

(Sharecast News) - Process services company Capita said on Thursday that it will look to focus on its core segments as the firm hopes to improve both its financial performance and cash generation.

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Tracsis Q4 revenues impacted by UK general election

13th Jun 2024 08:36

(Sharecast News) - Software group Tracsis said on Thursday that timing of the UK general election had brought about a short-term dip in Q4 trading due to delayed projects and decreased new orders.

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Europe open: Shares lower on Fed rate cut forecast; Atos, Wise plunge

13th Jun 2024 08:18

(Sharecast News) - European stocks opened lower on Thursday as investors digested the US Federal Reserve's monetary policy decision and inflation numbers from across the Atlantic, while shares in Atos plunged again as the troubled French IT firm sold off one of its businesses.

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Galliford Try secures £69m contract to build school in Paisley

13th Jun 2024 08:09

(Sharecast News) - Construction firm Galliford Try said on Thursday that its building division has signed a £69m contract to build the new Paisley Grammar School Community Campus on behalf of Renfrewshire Council.

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Motorpoint FY revenues drop

13th Jun 2024 08:06

(Sharecast News) - Car retailer Motorpoint said on Thursday that revenues had dropped in the year ended 31 March as it faced a number of economic challenges throughout the period.

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London open: Stocks edge lower as Fed signals just one rate cut this year

13th Jun 2024 07:57

(Sharecast News) - London stocks edged lower in early trade on Thursday as investors mulled the latest policy announcement from the US Federal Reserve, which signalled there would be just one rate cut this year.

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Fuller Smith & Turner lifts dividend, unveils new buyback

13th Jun 2024 07:52

(Sharecast News) - Pub and hotel operator Fuller, Smith & Turner hiked its annual dividend by a fifth and announced a new share buyback after a strong performance in the year to 30 March, in which adjusted profits surged 61%.

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Wise sees underlying profit growth of up to 20% this year

13th Jun 2024 07:48

(Sharecast News) - Shares in Wise plunged on Thursday as the UK banking and money transfer company said underlying income would be lower than its 2024 fiscal year.

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Halma hails another year of record profit

13th Jun 2024 07:42

(Sharecast News) - Halma reported another year of record profit and revenue on Thursday as it hailed a solid performance in the safety and the environment & analysis sectors.

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Sir David McMurtry to step down as Renishaw chair

13th Jun 2024 07:37

(Sharecast News) - Renishaw announced significant changes to its board on Thursday, with Sir David McMurtry, who co-founded the company over 50 years ago, set to step down as executive chairman.

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Mexican billionaire Carlos Slim takes 3.2% stake in BT Group

13th Jun 2024 07:33

(Sharecast News) - Mexican billionaire Carlos Slim has taken a 3.2% stake in BT Group.

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London pre-open: FTSE seen lower as Fed signals one rate cut this year

13th Jun 2024 07:32

(Sharecast News) - London stocks were set to fall at the open on Thursday as investors mulled the latest policy announcement from the US Federal Reserve.

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