News Archive
Europe midday: Shares down despite bullish Wall St, US data; Ex-divs weigh
16th May 2024 10:49
(Sharecast News) - European shares were lower as heavyweight stocks trading ex-dividend dragged on the benchmark Stoxx 600 index and investors digested US CPI data from Wednesday.
Read moreBarclays upgrades on Travis Perkins to 'overweight'
16th May 2024 10:25
(Sharecast News) - Barclays has raised its rating on builders merchant Travis Perkins from 'equal weight' to 'overweight', saying that the stock is an "undervalued UK recovery play".
Read moreBerenberg lowers target price on Treatt, stays at 'buy'
16th May 2024 10:19
(Sharecast News) - Analysts at Berenberg cut their target price on food ingredients manufacturer Treatt from 700.0p to 580.0p on Thursday as its "slow start" to FY24 resulted in a downgrade to full-year revenue growth guidance.
Read moreWater Intelligence continues on 'solid growth trajectory'
16th May 2024 10:17
(Sharecast News) - Leak detection and remediation solutions provider Water Intelligence said on Thursday that its "solid growth trajectory" had continued over the three months ended 31 March in terms of both revenue and profits.
Read moreDiaceutics strikes two new enterprise-wide agreements
16th May 2024 10:09
(Sharecast News) - Technology and solutions provider Diaceutics has struck two new enterprise-wide agreements, taking the total number to six engagements, across 29 separate therapeutic brands.
Read moreBroker tips: Travis Perkins, Treat
16th May 2024 09:53
(Sharecast News) - Barclays has raised its rating on builders merchant Travis Perkins from 'equal weight' to 'overweight', saying that the stock is an "undervalued UK recovery play".
Read moreUnited Utilities FY profits grow amid Windermere sewage spill controversy
16th May 2024 09:43
(Sharecast News) - United Utilities said on Thursday that both revenue and operating profits had grown in the twelve months ended 31 March as it continues to be engulfed in a massive sewage spill controversy.
Read moreRoche sees positive results from weight-loss trials
16th May 2024 09:34
(Sharecast News) - Roche reported positive trial results for its experimental weight loss treatment on Thursday, sending shares in the Swiss drugs group higher.
Read moreAsia report: Markets rise despite deeper Japan GDP contraction
16th May 2024 09:32
(Sharecast News) - Asia-Pacific markets saw gains on Thursday, buoyed by Wall Street's record performance overnight driven by lower-than-expected inflation data in the US.
Read moreTullow Oil on track to hit production and cash flow guidance
16th May 2024 09:13
(Sharecast News) - Tullow Oil has said it's on track to deliver full-year guidance and remains well placed to capitalise on a higher oil-price environment.
Read moreRental income rises as Grainger reports robust demand
16th May 2024 09:11
(Sharecast News) - Listed residential landlord Grainger reported an 11% increase in first-half net rental income on Thursday, to £53.2m, continuing its upward trajectory since its 'strategic restart' in 2016.
Read moreRevenue slips further amid tough market for Tyman
16th May 2024 09:02
(Sharecast News) - Window and door components supplier Tyman reported a 5% decrease in group revenue for the period from 1 January to 30 April on Thursday, to £205m, reflecting a 4% decline on a like-for-like basis.
Read moreTritax EuroBox annualised rent shrinks after disposals
16th May 2024 08:54
(Sharecast News) - Logistics-focussed property investor Tritax EuroBox reported a 10.1% increase in IFRS rental income to €35.9m (£30.8m) on Thursday, driven by rent indexations, asset management initiatives, and the conversion of rental guarantees into income.
Read moreFuture to return £45m to investors, shares soar
16th May 2024 08:48
(Sharecast News) - Future unveiled plans to return a further £45m to shareholders on Thursday, sending the shares higher, despite a fall in half-year revenues and profits.
Read moreEurope open: Stocks fall as ex-divs drag on corporate news
16th May 2024 08:35
(Sharecast News) - European shares were lower at the open as heavyweight stocks trading ex-dividend dragged on the benchmark Stoxx 600 index and investors digested US CPI data from Wednesday.
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