News Archive
Berenberg lowers target price on National Grid
15th Oct 2024 09:16
(Sharecast News) - Analysts at Berenberg lowered their target price on utilities giant National Grid from 1,150.0p to 1,070.0p on Tuesday, stating the group would now be forced to deliver "a balancing act".
Read moreQuartix Technologies confident of meeting FY expectations
15th Oct 2024 09:14
(Sharecast News) - Vehicle tracking systems and software business Quartix Technologies said on Tuesday that it was confident of meeting FY expectations for both profit and free cashflow as annualised recurring revenues delivered YTD growth.
Read moreGerman economic sentiment rebounds, but current situation still dire
15th Oct 2024 09:04
(Sharecast News) - Economists, analysts and finance professionals turned more positive about the outlook for the Germany economy this month, according to the closely watched ZEW Indicator of Economic Sentiment on Tuesday.
Read moreMirror owner Reach on track to meet full-year targets
15th Oct 2024 09:04
(Sharecast News) - Shares in Daily Mirror and Daily Express owner Reach rose on Tuesday after the newspaper publisher said it would met market expectations this year as the decline in top-line growth eased slightly in the third quarter, bolstered by improvement in online revenues.
Read moreDe La Rue agrees £300m sale of authentication division
15th Oct 2024 09:01
(Sharecast News) - De La Rue announced on Tuesday that it had agreed to sell its authentication division to Crane NXT for £300m, as part of a strategic move to unlock capital and strengthen its financial position.
Read moreRevenue falls, gross profits rise for Bytes Technology
15th Oct 2024 08:53
(Sharecast News) - Bytes Technology Group shares were in the red on Tuesday morning, after it reported a 2.9% drop in revenue to £105.5m, but a 13.7% increase in gross invoiced income (GII), reaching £1.23bn.
Read moreEurope midday: Oil and mining stocks track commodity prices lower
15th Oct 2024 08:52
(Sharecast News) - European markets were mostly lower on Tuesday morning as investors digested key economic indicators from the UK and Germany, while energy and mining stocks were dragged down by falling commodity prices.
Read moreMitie sales growth picks up in second quarter
15th Oct 2024 08:51
(Sharecast News) - Mitie, the FTSE 250-listed facilities management and professional services company, reported an acceleration in top-line growth in the second quarter, helped by new contract wins and increased work in the 'surge response' security market.
Read moreDiscoverIE interim earnings in line with expectations
15th Oct 2024 08:42
(Sharecast News) - Electronic components manufacturer DiscoverIE said on Tuesday that first-half earnings were in line with internal expectations and noted that it "remains on-track" to meet guidance for the financial year.
Read moreWorkspace reports solid demand despite rent roll dip
15th Oct 2024 08:42
(Sharecast News) - Workspace Group reported solid demand for its flexible office space in its second quarter on Tuesday, completing 296 new lettings with a total rental value of £7.4m, although like-for-like occupancy dipped 0.7% to 87.5% as a higher-than-usual number of larger customers vacated premises.
Read moreLondon open: Stocks mixed on weaker UK wage growth
15th Oct 2024 08:41
(Sharecast News) - London markets opened in mixed territory on Tuesday, as investors digested data showing continued weakness in the UK jobs market, after an upbeat session on Wall Street overnight.
Read moreEurope open: Shares up on strong Wall St; Crude prices fall sharply
15th Oct 2024 08:17
(Sharecast News) - European shares opened higher on Tuesday after another record close on Wall Street, while crude oil prices were down sharply after a report claimed Israel would strike at Iranian military installations not energy targets.
Read moreIntegraFin average daily FuD hits record high in Q4
15th Oct 2024 08:07
(Sharecast News) - Investment platform operator Integrafin said on Tuesday that average daily funds under direction had hit record highs in Q424, boosting total group revenues for the period.
Read moreWise posts rise in Q2 income as customer numbers soar
15th Oct 2024 07:59
(Sharecast News) - Fintech money transfer platform Wise on Tuesday reported a 17% jump in second-quarter income after a strong rise in customer numbers.
Read moreQinetiQ on track after 'good' second quarter
15th Oct 2024 07:34
(Sharecast News) - QinetiQ Group said in a trading update on Tuesday that it remained on track to meet its full-year expectations after its second quarter.
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