News Archive

FTSE 100 movers: St James's Place rallies; NatWest in the red

23rd May 2024 11:14

(Sharecast News) - London's FTSE 100 was down 0.4% in afternoon trade on Thursday.

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JPMorgan double upgrades Unilever to 'overweight'

23rd May 2024 10:49

(Sharecast News) - JPMorgan Cazenove double-upgraded Unilever on Thursday to 'overweight' from 'underweight' and hiked the price target to 5,100p from 3,600p after several years of caution on the equity story.

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Europe midday: Stocks gain as Nvidia boosts mood; EZ data in focus

23rd May 2024 10:47

(Sharecast News) - European stocks were still firmer by midday on Thursday as investors mulled the latest reading on eurozone business activity and blowout earnings from US tech giant Nvidia.

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Shaftesbury Capital reports strong leasing activity since merger

23rd May 2024 10:47

(Sharecast News) - Shaftesbury Capital reported strong leasing activity and a robust financial profile in an update on Thursday.

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London midday: Stocks flat but Hargreaves Lansdown surges on takeover approach

23rd May 2024 10:47

(Sharecast News) - London stocks were little changed by midday on Thursday as investors got their first chance to react to news of a general election on 4 July, with Hargreaves Lansdown powering ahead after rejecting a takeover offer.

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Diamond sales lose shine at De Beers

23rd May 2024 10:39

(Sharecast News) - Rough diamond sales at De Beers fell in recent weeks, Anglo American said on Thursday, on the back of subdued demand.

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Revenue, profits rise at newly-expanded Investec

23rd May 2024 10:38

(Sharecast News) - Investec reported a 5% rise in revenue in its final results on Thursday, to £2.09bn, driven by a strong performance from its corporate client franchises and the Investec Wealth & Investment division in South Africa.

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Petershill Partners reiterates FY guidance, Q1 AuM grows

23rd May 2024 10:36

(Sharecast News) - Investment group Petershill Partners reiterated its full-year guidance on Thursday as it revealed assets under management had increased in the three months ended 31 March.

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Asia report: Markets mixed as Bank of Korea holds rates

23rd May 2024 10:28

(Sharecast News) - Asia-Pacific markets closed mixed on Thursday following the release of the US Federal Reserve's minutes overnight, which highlighted officials' concerns over persistent inflation and potential hesitations on cutting interest rates.

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Energean reports strong first quarter

23rd May 2024 10:27

(Sharecast News) - Energean reported a strong first-quarter in an update on Thursday, with significant growth in both operational and financial metrics.

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Public sector wins underpin growth for Bytes

23rd May 2024 10:20

(Sharecast News) - Bytes Technology Group reported a strong set of preliminary results on Thursday, as gross invoiced income (GII) surged 26.7% to £1.82bn, driven by major contract wins in the public sector, notably with the NHS and HMRC, and sustained demand from corporate clients.

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Tate & Lyle reports solid year, completes Primient exit

23rd May 2024 10:07

(Sharecast News) - Tate & Lyle reported a robust full-year financial performance driven by strong profit and cash metrics on Wednesday, as it also announced the sale of its stake in American firm Primient.

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Qinetiq upgrades full-year outlook, shares surge

23rd May 2024 10:02

(Sharecast News) - Defence technology firm Qinetiq surged on Thursday after lifting its full-year guidance as it reported a jump in underlying profit and revenue.

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Competition watchdog launches probe into UK vet market

23rd May 2024 09:55

(Sharecast News) - The competition watchdog is to launch a full investigation into the UK's £5bn veterinary market, it was confirmed on Thursday, after an initial review prompted 56,000 responses.

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Capital & Regional confirms takeover proposal from Vukile, expression of interest from NewRiver

23rd May 2024 09:40

(Sharecast News) - Capital & Regional surged on Thursday after confirming it had received a non-binding indicative proposal from Vukile about a possible cash and share offer and a separate expression of interest from NewRiver REIT.

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