News Archive

British Land reports strong rental growth, fall in net tangible assets

23rd May 2024 09:26

(Sharecast News) - British Land highlighted strong rental growth and stable values in the second half of the year in its final results on Thursday.

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Great Portland Estates acquires West End Flex conversion opportunity

23rd May 2024 09:21

(Sharecast News) - Property developer Great Portland Estates has acquired a West End Flex conversion opportunity at The Courtyard, WC1 from the City of London Corporation.

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Scottish Mortgage NAV grows, Nvidia investment proves fruitful

23rd May 2024 09:10

(Sharecast News) - Investment trust Scottish Mortgage said on Thursday that its net asset value had grown in the twelve months ended 31 March, as its investment in chipmaker Nvidia helped boost earnings despite trading in what it called a "challenging" year.

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Bakkavor lifts FY profit guidance after 'strong' Q1

23rd May 2024 09:09

(Sharecast News) - Food group Bakkavor lifted its full-year profit guidance on Thursday as it hailed a "strong" first-quarter performance.

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'Subdued' mortgage market weighs on Nationwide

23rd May 2024 08:57

(Sharecast News) - Nationwide Building Society posted a dip in annual profits on Thursday, a day after Virgin Money shareholders voted in favour of the lender's £2.9bn takeover.

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National Grid reports mixed year, announces £7bn rights issue

23rd May 2024 08:25

(Sharecast News) - National Grid shares were sliding on the release of its full-year results on Thursday morning, as it announced an equity raise of £7bn through a rights issue to support its future investments.

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AJ Bell profits rise as platform customers reach milestone

23rd May 2024 08:18

(Sharecast News) - Investment platform AJ Bell hiked its dividend on Thursday as it hailed a "very strong" interim performance, posting a jump in profits and revenue as platform customers reached a milestone.

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Europe open: Chipmakers lead rally after Nvidia results

23rd May 2024 08:09

(Sharecast News) - European stocks rose in early trade on Thursday, with chipmakers in the black after solid results from US tech giant Nvidia.

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London open: Stocks dip as investors mull general election, Nvidia results

23rd May 2024 08:08

(Sharecast News) - London stocks dipped in early trade on Thursday as investors got their first chance to react to news of a general election on 4 July and blowout earnings from US chip giant Nvidia.

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Eurozone economic recovery gathers pace in May

23rd May 2024 08:08

(Sharecast News) - The economic recovery in the eurozone gathered pace in May, according to preliminary figures released on Thursday.

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Rolls-Royce makes 'strong start' to FY24

23rd May 2024 08:05

(Sharecast News) - Aerospace and defence business Rolls-Royce said on Thursday that it had made "a strong start to the year", building on its "record" performance in 2023 despite continued industry-wide supply chain challenges.

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Johnson Matthey profit hit by lower PGM prices

23rd May 2024 07:55

(Sharecast News) - Johnson Matthey posted a fall in full-year underlying profit on Thursday as it was hit by lower metals prices.

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Wizz Air returns to full-year profit amid 'sustained' demand

23rd May 2024 07:44

(Sharecast News) - Budget airline Wizz Air said on Thursday that it returned to profit in the year to the end of March amid "sustained" demand.

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UK consumer confidence continues to strengthen - GfK

23rd May 2024 07:40

(Sharecast News) - UK consumer confidence sparked in May, a long-running survey showed on Friday, as households become more upbeat about the economy and their finances.

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London pre-open: Stocks seen flat; HL rejects 985p a share takeover offer

23rd May 2024 07:35

(Sharecast News) - London stocks were set for a steady open on Thursday after Prime Minister Rishi Sunak called a general election for 4 July and following well-received results from US tech giant Nvidia.

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