News Archive

Bodycote reports underlying growth in Q1

30th May 2024 07:13

(Sharecast News) - Heat treatment and thermal processing services group Bodycote has left its full-year outlook unchanged after reporting solid underlying growth since the start of 2024 against a mixed market backdrop.

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Auto Trader annual revenues motor ahead

30th May 2024 07:02

(Sharecast News) - Auto Trader Group said on Thursday that the new financial year had got off to a strong start, after it posted in jump in annual sales and profits.

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Dr Martens holds guidance as revenue, profits slump

30th May 2024 07:01

(Sharecast News) - Shares in Dr Martens jumped as investors breathed a sigh of relief that trading at the troubled bootmaker had not gotten any worse since a profit warning last month, with guidance held and a new £25m cost-cutting plan offsetting a slump in annual revenue and operating profit as its US woes continued.

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Sector movers: Utilities and Electricity shares fall as bond yields grind higher

30th May 2024 02:37

(Sharecast News) - Interest rate sensitive Utilities and Electricity shares were knocked lower on Wednesday by a renewed rise in longer-term government bond yields on either side of the Atlantic.

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US close: Stocks drop sharply as Treasury yields rise

29th May 2024 22:13

(Sharecast News) - US stocks declined on Wednesday with all but three stocks on the Dow finishing in the red as investors continued to scale back their appetite for risk ahead of key inflation data later in the week.

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US close: Stocks drop sharply as Treasury yields rise

29th May 2024 22:13

(Sharecast News) - US stocks declined on Wednesday with all but three stocks on the Dow finishing in the red as investors continued to scale back their appetite for risk ahead of key inflation data later in the week.

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Marks & Spencer appoints Alison Dolan as CFO

29th May 2024 17:50

(Sharecast News) - Marks and Spencer said on Wednesday that it has appointed Alison Dolan as its new chief financial officer.

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Director dealings: IWG CEO sells big batch of shares

29th May 2024 16:07

(Sharecast News) - Estorn Limited, an entity closely associated with IWG boss Mark Dixon, sold a hefty amount of shares.

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Europe close: Rising yields sink markets as Stoxx 600 hits three-week low

29th May 2024 16:01

(Sharecast News) - European stocks dropped sharply on Wednesday with losses of more than 1% across most of the continent as rising bond yields tempered the demand for equities.

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FTSE 250 movers: IDS delivers a rise on Kretinsky deal, IWG slumps

29th May 2024 15:38

(Sharecast News) - FTSE 250 (MCX) 20,490.57 -1.04%

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US open: Investors take profits as markets await inflation data

29th May 2024 15:02

(Sharecast News) - US stocks were in retreat mode on Wednesday with investors continuing to take profits after Wall Street indices' record highs, as jitters about inflation eroded risk appetite.

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FTSE 100 movers: Fresnillo shines; Ocado under the cosh

29th May 2024 14:30

(Sharecast News) - London's FTSE 100 was down 0.7% at 8,199.12 in afternoon trade on Wednesday.

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London close: Stocks end down on rate cut worries; IDS bucks trend

29th May 2024 14:29

(Sharecast News) - London stocks ended in the red on Wednesday as investors pushed back US rate cut expectations, but IDS bucked the trend after the Royal Mail owner accepted a takeover offer.

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London's Evening Standard to close daily print edition, launch weekly

29th May 2024 14:21

(Sharecast News) - The owners of London's Evening Standard newspaper have said they will close its daily newspaper and replace it with a weekly outlet, after almost 200 years of publication, citing competition from online news sources and lower commuter traffic.

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Sidara makes final takeover approach to Wood Group at 230p a share

29th May 2024 14:04

(Sharecast News) - Wood Group said on Wednesday that it was evaluating a fourth and final "unsolicited, preliminary and conditional" takeover proposal from Dubai-based engineering and consulting firm Sidara at 230p a share.

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