News Archive
Asia report: Shares down as investors mull ECB rate cut talk
28th May 2024 07:46
(Sharecast News) - Asia-Pacific markets closed mostly lower Tuesday as traders mulled comments from European Central Bank officials suggesting interest rates could be cut next month.
Read moreGenuit on track despite Q1 'softness'
28th May 2024 07:38
(Sharecast News) - Water, climate and ventilation solutions group Genuit has said its full-year outlook remains unchanged despite "market softness" since the start of 2024 as it continues to make improvements to underlying margins.
Read moreSoftcat reaffirms full-year guidance
28th May 2024 07:31
(Sharecast News) - Softcat said on Tuesday that full-year results were set to be in line with expectations.
Read moreLondon pre-open: Stocks seen down after long weekend
28th May 2024 07:30
(Sharecast News) - London stocks were set to dip at the open on Tuesday as traders returned to their desks after the long weekend.
Read moreTuesday newspaper round-up: Ofwat, Facebook, Deutsche Bank
28th May 2024 07:16
(Sharecast News) - Ofwat is poised to refuse most water companies' requests to ratchet up consumer bills, with some getting as little as half of what they have asked for, the Guardian has learned. The decision from the water watchdog for England and Wales, Ofwat, has been formally delayed until 11 July because of the general election. Its verdict, known as a draft determination, comes amid a growing crisis in the water sector. - Guardian
Read moreIntermediate Capital sees annual profits jump 132%
28th May 2024 07:15
(Sharecast News) - Investment firm Intermediate Capital Group (ICG) more than doubled profits in the year ended 31 March as it reported a huge increase in performance fee income, while assets under management rose by nearly a quarter.
Read moreIthaca appoints ENI's Luciano Vasques as CEO
28th May 2024 07:12
(Sharecast News) - North Sea oil and gas explorer Ithaca Energy on Tuesday said it had appointed ENI executive Luciano Vasques as chief executive officer following its £750m deal to buy almost all of the Italian firm's UK assets and reported a fall in first-quarter profits on weaker gas prices and lower production.
Read moreVictorian Plumbing upbeat for full year despite 'subdued' market
28th May 2024 07:08
(Sharecast News) - Victorian Plumbing reported a dip in first-half revenues on Tuesday, on the back of a "subdued" trading environment.
Read moreShop price inflation slows further in May
28th May 2024 07:04
(Sharecast News) - Shop price inflation in the UK slowed to 0.6% in May, according to fresh data released on Tuesday, from 0.8% in April.
Read moreAstraZeneca experimental lung cancer drug shows promising results
28th May 2024 07:02
(Sharecast News) - AstraZeneca's experimental lung cancer drug showed improved overall survival rates in phase III trials, the pharmaceutical giant said on Tuesday.
Read moreBunzl Nisbets purchase cleared by Ireland regulator
28th May 2024 07:02
(Sharecast News) - Bunzl's £339m takeover of UK-based catering equipment provider Nisbets has been cleared by Ireland's competition regulator, the company said on Tuesday.
Read moreSunday newspaper round-up: Natwest, Shein, Nationwide
26th May 2024 19:45
(Sharecast News) - NatWest may not be selling shares to the public any time soon following the prime minister's decision to call an election on 4 July. The Treasury has said that an offer will not occur during the election period and Labour has not confirmed whether it would revive plans for the sale should it win. The sale had been expected to take place in June. - The Sunday Times
Read moreSunday share tips: Moneysupermarket, Impax
26th May 2024 18:16
(Sharecast News) - Lucy Tobin at the Sunday Times tipped shares of Moneysupermarket, arguing that the energy sector would recover at some point.
Read moreEurope close: Stocks end mixed on inflation concerns
26th May 2024 02:22
(Sharecast News) - European shares finished on a mixed note as worries that persistent inflation could see a delay in planned interest rate cuts this year weighed on sentiment.
Read moreDirector dealings: Reach CFO makes share sale
24th May 2024 15:39
(Sharecast News) - Publishing company Reach revealed on Friday that chief financial officer Darren Fisher had disposed of 31,638 ordinary shares in the London-listed firm.
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