News Archive
Superdry planning potential emergency sale process - report
21st May 2024 16:55
(Sharecast News) - Superdry is reportedly preparing to run an emergency four-week sale process if creditors block its founder's plans to inject up to £10m of his own money into the fashion chain in a bid to stave off insolvency.
Read moreEurope close: Stocks fall ahead of Nvidia earnings, economic data
21st May 2024 16:23
(Sharecast News) - European stock markets finished off their lows on Tuesday following a late-afternoon rally but were still firmly in the red as investors turned cautious ahead of Nvidia's earnings and economic data later in the week.
Read moreDirector dealings: MyCelx director ups stake
21st May 2024 15:45
(Sharecast News) - MyCelx Technologies revealed on Tuesday that non-executive director André Schnabl had acquired 71,598 ordinary shares in the AIM-listed clean water technology company.
Read moreTHG investor to vote against chairman's reappointment
21st May 2024 15:35
(Sharecast News) - Activist investor Kelso has said it will vote against the reappointment of e-commerce retailer THG chairman Charles Allen in protest to what it considers to be a lack of progress in reviving the company's stock.
Read moreBroker tips: Kainos, Wise
21st May 2024 15:17
(Sharecast News) - Analysts at Berenberg hiked their target price on software firm Kainos from 1,260.0p to 1,415.0p on Tuesday, citing "resilient profits" and a "positive outlook".
Read moreBerenberg hikes target price on Kainos
21st May 2024 15:14
(Sharecast News) - Analysts at Berenberg hiked their target price on software firm Kainos from 1,260.0p to 1,415.0p on Tuesday, citing "resilient profits" and a "positive outlook".
Read moreManufacturing output volumes rise for first time since Nov 2022 - CBI
21st May 2024 15:13
(Sharecast News) - Output volumes in the UK manufacturing sector rose in the three months to May for the first time since November 2022, according to the latest Industrial Trends survey from the Confederation of British Industry.
Read moreUS open: Stocks mixed following Nasdaq's record close
21st May 2024 15:07
(Sharecast News) - Wall Street stocks were little changed at the bell following the tech-heavy Nasdaq Composite's record close in the previous session.
Read moreLondon close: Stocks fall ahead of key inflation reading
21st May 2024 15:00
(Sharecast News) - London stocks ended in negative territory on Tuesday, influenced by the latest UK economic outlook from the International Monetary Fund (IMF) and comments from US Federal Reserve officials.
Read moreWednesday preview: UK CPI, Fed minutes in focus
21st May 2024 14:58
(Sharecast News) - The market spotlight in the middle of the week will be squarely on consumer and producer price figures due out in the UK.
Read moreBegbies Traylor flags earnings above expectations
21st May 2024 14:54
(Sharecast News) - Professional services consultancy Begbies Traynor reported a robust financial performance for the year just ended on Tuesday, marking its ninth consecutive year of profit growth.
Read moreEpwin confident in meeting recently-hiked expectations
21st May 2024 14:48
(Sharecast News) - Building products manufacturer Epwin Group said in an update on Tuesday that it was confident in delivering underlying operating profit for the year, in line with the recently-increased market consensus.
Read moreFTSE 100 movers: AstraZeneca rallies; Severn Trent in the red
21st May 2024 14:31
(Sharecast News) - London's FTSE 100 was down 0.2% at 8,411.78 in afternoon trade on Tuesday.
Read moreBarclays upgrades Wise to 'overweight'
21st May 2024 14:30
(Sharecast News) - Barclays upgraded Wise on Tuesday to 'overweight' from 'equalweight' and lifted the price target to 1,000p from 800p.
Read moreBarclays upgrades Wise to 'overweight'
21st May 2024 14:30
(Sharecast News) - Barclays upgraded Wise on Tuesday to 'overweight' from 'equalweight' and lifted the price target to 1,000p from 800p.
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