News Archive

Mobico on track to meet full-year profit guidance

7th Nov 2024 10:23

(Sharecast News) - Mobico said on Thursday that it was on track to meet profit guidance for the year amid continued growth in passenger demand.

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Thames Water class B bondholders submit £3bn financing offer - report

7th Nov 2024 10:15

(Sharecast News) - Embattled utility provider Thames Water's class B bondholders have reportedly tabled a fully underwritten offer to provide £3.0bn of new debt.

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Derwent signs £4.5m of new leases

7th Nov 2024 09:56

(Sharecast News) - Derwent London said it had benefited from solid demand for high-end office space in the third quarter, as it secured a number of new leases.

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Hammerson raises stake in Southampton's Westquay shopping centre

7th Nov 2024 09:41

(Sharecast News) - Property development and investment firm Hammerson has acquired another 50% stake in Southampton shopping centre Westquay for £135.0m, giving it a 100% interest in "a leading retail and leisure destination".

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Wood Group announces independent review, shares crater

7th Nov 2024 09:35

(Sharecast News) - Wood Group shares were in freefall on Thursday as the oil services firm announced the launch of an independent review of its business that could lead to restatements and said third-quarter trading in its Projects segment was "disappointing".

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BHP's Fundão agreement ratified by Supreme Court of Brazil

7th Nov 2024 09:34

(Sharecast News) - Mining giant BHP confirmed on Thursday that the agreement entered into between Public Authorities in Brazil and Samarco Mineração, BHP Billiton Brasil and Vale Shad been ratified by the Supreme Court of Brazil on 6 November.

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Asia close: Stocks mostly higher in wake of gains on Wall Street

7th Nov 2024 09:33

(Sharecast News) - Stocks in Asia were mostly higher on Thursday in the wake of the fresh record highs on Wall Street after the US presidential elections.

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'Challenging' market conditions hit sales, profits at Howdens

7th Nov 2024 09:17

(Sharecast News) - Howden Joinery Group warned annual profits would come in at the lower end of forecasts on Thursday, after "challenging" economic conditions and weak consumer spending dented sales.

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Eurozone retail sales rise for third straight month

7th Nov 2024 09:13

(Sharecast News) - Retail sales in the eurozone rose for the third straight month in September as strong gains in non-food products and fuel made up for declining sales for food, drinks, tobacco.

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BT lowers FY revenue guidance

7th Nov 2024 09:11

(Sharecast News) - Telecommunications giant BT downgraded its full-year revenue guidance on Thursday, pointing to both its non-UK operations and a "competitive retail environment" as the cause.

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IMI confirms guidances after 'resilient' quarter

7th Nov 2024 08:48

(Sharecast News) - Engineering firm IMI said it remained on track to meet full-year targets on Thursday, following a "resilient" third quarter.

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German industrial production drops, exports sink

7th Nov 2024 08:42

(Sharecast News) - Industrial production in Germany dropped by more than expected in September, according to figures from Destatis, while the country's trade surplus shrank as exports declined.

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London open: Stocks nudge up amid corporate deluge, ahead of rate decisions

7th Nov 2024 08:35

(Sharecast News) - London stocks nudged higher in early trade on Thursday as investors waded through a deluge of corporate news and looked ahead to the latest policy announcements from the Bank of England and the US Federal Reserve.

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CAB Payments tumbles as StoneX abandons pursuit

7th Nov 2024 08:30

(Sharecast News) - CAB Payments tumbled on Thursday after US payments company StoneX said it was not planning to make a takeover offer for the London-listed fintech firm.

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ITV revenues drop as Studios hit by Hollywood strikes

7th Nov 2024 08:20

(Sharecast News) - Broadcaster ITV reported a drop in revenue for the first nine months of the year as its Studios arm was hit by the US actors' and writers' strike.

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