News Archive

Wednesday newspaper round-up: Entain, Invesco, Deltic Energy

12th Jun 2024 07:21

(Sharecast News) - The owner of South West Water has warned that global heating will increase the risk of outbreaks of the parasite that caused diarrhoea and vomiting in south Devon. Pennon Group said that "gradual and significant increasing average and high temperatures" could pose "risks to water quality and water treatment" - including the cryptosporidium parasite - in its annual report, published this week. - Guardian

Read more

German annual inflation confirmed at 2.8% in May

12th Jun 2024 07:14

(Sharecast News) - The final reading of Germany inflation for May confirmed that annual price growth had picked up to a four-month high, with numbers in line with the preliminary estimate released two weeks ago.

Read more

Legal & General unveils £200m buyback and restructuring plan

12th Jun 2024 07:13

(Sharecast News) - Insurance, retirement and investment services group Legal & General has announced a £200m share buyback as it set out plans to restructure the business into three core units and promised to increase shareholder returns.

Read more

DFS cites weaker demand, Red Sea disruption as it warns on profits again

12th Jun 2024 07:11

(Sharecast News) - DFS warned on profits again on Wednesday as it pointed to weaker demand and Red Sea disruption.

Read more

Sector movers: Lenders' and miners' shares pace losses

12th Jun 2024 06:46

(Sharecast News) - Stocks on the FTSE 350 were in the red on Tuesday as investors waited on the result of the US central bank's policy meeting the next day.

Read more

US close: Markets mixed ahead of FOMC and CPI, but Apple surges

11th Jun 2024 21:55

(Sharecast News) - US stocks finished in a mixed fashion on Tuesday with the Dow falling but the Nasdaq putting in decent gains, helped by a strong performance from tech heavyweight Apple.

Read more

Pantheon Resources releases independent report on Ahpun field

11th Jun 2024 17:06

(Sharecast News) - Pantheon Resources announced the results of an independent expert report (IER) by Cawley Gillespie & Associates (CGA) for the Ahpun field on Tuesday, estimating 280 million barrels of recoverable ANS crude oil.

Read more

GB Group reports results in line with expectations

11th Jun 2024 16:59

(Sharecast News) - Identity and location software specialist GB Group reported a set of results that aligned with its April trading update on Tuesday.

Read more

Iomart announces robust results, appoints new chair

11th Jun 2024 16:54

(Sharecast News) - Cloud computing and managed services provider Iomart Group announced a robust set of financial results for the year ended 31 March on Tuesday, as well as the appointment of a new board chair.

Read more

Idox reports robust first-half performance

11th Jun 2024 16:46

(Sharecast News) - Information management software and geospatial data specialist Idox reported a robust half-year financial performance on Tuesday, with key metrics in line with expectations.

Read more

Director dealings: Sabre Insurance non-executive director raises stake

11th Jun 2024 16:25

(Sharecast News) - Sabre Insurance revealed on Tuesday that non-executive director Bryan Joseph had acquired 15,209 ordinary shares in the London-listed private motor insurance underwriter.

Read more

London close: Stocks fall as UK wages rise faster than expected

11th Jun 2024 16:07

(Sharecast News) - London stocks closed in the red on Tuesday as unexpected wage growth data added to market concerns and the Conservative party unveiled its election manifesto.

Read more

Broker tips: Intertek, GSK, HIkma Pharmaceuticals

11th Jun 2024 15:54

(Sharecast News) - Analysts at Berenberg hiked their target price on quality assurance business Intertek from 5,400.0p to 5,500.0p on Tuesday, citing faster-than-expected margin accretion.

Read more

US open: Stocks mixed as FOMC meeting begins

11th Jun 2024 15:44

(Sharecast News) - Wall Street stocks were mixed early on Tuesday as market participants prepared for the outcome of the Federal Reserve's two-day policy meeting.

Read more

FTSE 250 movers: Oxford Instruments in favour; Hochschild slips

11th Jun 2024 15:21

(Sharecast News) - FTSE 250 (MCX) 20,291.15 -0.76%

Read more