News Archive

RBC upgrades Bodycote after recent share-price slump

15th Oct 2024 12:49

(Sharecast News) - RBC Capital Markets has upgraded its rating Bodycote following recent weakness in the share price, saying that the stock looks "attractive value" in spite of end-market headwinds.

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Eurozone industrial production rebounds in August

15th Oct 2024 12:14

(Sharecast News) - Eurozone industrial production posted a robust 1.8% month-on-month increase in August, marking a significant rebound from the 0.5% contraction in July, according to fresh data from Eurostat.

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Jefferies upgrades NatWest to 'buy' but prefers Lloyds

15th Oct 2024 12:10

(Sharecast News) - Jefferies has upgraded its recommendation for NatWest from 'underperform' to 'buy', but still rates Lloyds as its preferred stock in the UK banking sector.

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Ericsson posts stronger-than-expected third quarter

15th Oct 2024 11:50

(Sharecast News) - Ericsson posted stronger-than-expected third-quarter results on Tuesday, driven by a major contract with AT&T and solid growth in North America, despite facing a challenging global telecom market.

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Victoria reports continued softness in flooring demand

15th Oct 2024 11:10

(Sharecast News) - Victoria reported continued softness in flooring demand across its markets in its first half on Tuesday.

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Victorian Plumbing ends year in line after Victoria Plum acquisition

15th Oct 2024 11:02

(Sharecast News) - Victorian Plumbing Group reported a 4% increase in revenue for the financial year just ended on Tuesday, with adjusted EBITDA set to be in line with market expectations.

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Tatton Asset Management reports record net inflows

15th Oct 2024 10:57

(Sharecast News) - Tatton Asset Management reported record net inflows of £1.8bn for its first half on Tuesday, contributing to a total increase in assets under management of £2.3bn.

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US pre-open: Futures little changed as Q3 earnings season picks up steam

15th Oct 2024 10:54

(Sharecast News) - Wall Street futures were mixed ahead of the bell on Tuesday as Q3 earnings season gets set to kick up a gear.

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London midday: Stocks weaker on UK jobs data, oil prices

15th Oct 2024 10:51

(Sharecast News) - London markets were in the red by lunchtime on Tuesday, as investors responded to ongoing concerns about the UK jobs market, while oil prices fell.

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Strix passes three billion kettle control milestone

15th Oct 2024 10:50

(Sharecast News) - Kettle safety and water technology specialist Strix Group announced a significant milestone on Tuesday, having produced over three billion kettle controls worldwide.

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Hostelworld reaffirms full-year guidance

15th Oct 2024 10:37

(Sharecast News) - Hostelworld Group reaffirmed its full-year adjusted EBITDA guidance in an update on Tuesday, in line with market expectations, following a solid performance through the year-to-date up to 30 September.

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Audioboom Q3 revenues hit record levels, hikes FY adjusted EBITDA guidance

15th Oct 2024 10:10

(Sharecast News) - Podcast company Audioboom said on Tuesday that revenues had surged to record levels in Q3, leading the group to hike FY adjusted underlying earnings guidance.

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EnSilica secures new ASIC design and supply contract

15th Oct 2024 09:30

(Sharecast News) - Chipmaker EnSilica said on Tuesday that it has been awarded a design and supply contract for a mixed signal controller ASIC to be used in automotive and industrial motorised actuators.

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Asia report: China stocks sink on mixed day for region

15th Oct 2024 09:20

(Sharecast News) - Asian markets had a mixed performance on Tuesday, with China underperforming the broader region following disappointing trade data.

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Seraphim Space upbeat after solid year for SpaceTech

15th Oct 2024 09:20

(Sharecast News) - Seraphim Space Investment Trust, the world's first listed SpaceTech investment company, reported an increase in its portfolio value to £201.5m in its full-year results on Tuesday, up £14.1m year-on-year.

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