News Archive

Topps Tiles swings to interim loss in challenging markets

21st May 2024 13:47

(Sharecast News) - Topps Tiles said on Tuesday that it swung to an interim pre-tax loss as revenue fell in challenging trading conditions.

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B90 Holdings to benefit from Oddsen marketing deals

21st May 2024 12:47

(Sharecast News) - Gambling marketing and service provider B90 Holdings announced on Tuesday that its key affiliate, Oddsen.nu, has signed fixed listing fee marketing agreements expected to generate €0.2m in revenue for the group in 2024.

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IMF upgrades UK growth forecast, warns against tax cuts

21st May 2024 12:24

(Sharecast News) - The International Monetary Fund (IMF) revised its growth forecast for the UK economy on Tuesday, projecting a "soft landing" with a faster-than-expected recovery following last year's mild recession.

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US pre-open: Futures little changed following Nasdaq's record close

21st May 2024 11:54

(Sharecast News) - Wall Street futures were little changed ahead of the bell following the tech-heavy Nasdaq Composite record close in the previous session.

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Cazoo reportedly lining up administrators

21st May 2024 11:52

(Sharecast News) - Cazoo, the online car retailer once valued at over £5bn, looked set to enter administration on Tuesday, according to Sky News.

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TheWorks FY revenues grow slightly in FY24

21st May 2024 11:49

(Sharecast News) - Art and craft supplies retailer TheWorks said on Tuesday that revenues had modestly improved in the 53 weeks ended 5 May despite experiencing a slight decline in like-for-like sales.

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London midday: Stocks stay down as investors eye more Fed speeches

21st May 2024 11:39

(Sharecast News) - London stocks were still in the red by midday on Tuesday as investors mulled the latest comments from US Federal Reserve officials and looked ahead to more speeches later in the day.

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Shoe Zone cuts full-year profit outlook, shares slide

21st May 2024 11:38

(Sharecast News) - Shoe Zone cut its full-year pre-tax profit forecast on Tuesday due to higher wage bills and supply chain disruptions, as it reported flat interim profits.

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Naked Wines FY earnings seen at higher end of previous guidance

21st May 2024 11:23

(Sharecast News) - Online wine retailer Naked Wines said on Tuesday that full-year earnings would likely be at the higher end of previous guidance as it continues to make efforts to become "leaner and stronger".

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Europe midday: Heavy falls in Paris and Milan weigh on markets

21st May 2024 11:15

(Sharecast News) - Europe's Stoxx 600 index declined on Tuesday as heavy falls in Paris and Milan weighed heavily on markets on a relatively quiet day for traders.

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Eurozone construction output inches higher

21st May 2024 11:14

(Sharecast News) - Construction output in the eurozone rose marginally in March while the previous month's increase was revised significantly lower, according to figures released on Tuesday by Eurostat.

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Asia report: Hong Kong leads region-wide losses

21st May 2024 10:46

(Sharecast News) - Asia-Pacific markets saw broad declines on Tuesday, led by significant losses in Hong Kong amid sharp falls in basic materials and industrial stocks.

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German producer prices fall more than expected

21st May 2024 10:43

(Sharecast News) - Germany wholesale price deflation accelerated more than expected in April, according to figures released by Destatis, the Federal Statistical Office, on Tuesday.

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Entain to offload Crystalbet after strategic review

21st May 2024 10:37

(Sharecast News) - Gambling giant Entain announced the end of a strategic review by its capital allocation committee (CapCo) on Tuesday, which assessed its portfolio to optimise shareholder value and leverage operational progress, confirming that it would now look to offload its Georgian brand Crystalbet.

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Judges Scientific reports subdued start to year

21st May 2024 10:31

(Sharecast News) - Scientific instrument specialist Judges Scientific reported a subdued start to the year in an update on Tuesday, but said it was optimistic that it would still meet full-year consensus expectations.

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