News Archive

Asia 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 more

Tullow 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 more

Rental 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 more

Revenue 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 more

Tritax 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 more

Future 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 more

Europe 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.

Read more

Auction Technology maintains guidance despite earnings fall

16th May 2024 08:33

(Sharecast News) - Auction Technology Group reported 6% growth in first-half revenue on Thursday, to $86m (£67.81m), driven by strong growth in value-added services and contributions from 'EstateSales'.

Read more

First-quarter earnings jump at Helios Towers

16th May 2024 08:17

(Sharecast News) - Telecom equipment specialist Helios Towers reiterated its full-year outlook on Thursday, after a jump in first-quarter earnings.

Read more

Japan GDP contracts more than expected, clouds BoJ rate plans

16th May 2024 08:11

(Sharecast News) - Japan's economy unexpectedly shrank in the first quarter as consumers tightened their belts in response to stagnant wage growth, companies cut spending and exports fell.

Read more

London open: FTSE falls as ex-dividend stocks weigh

16th May 2024 08:04

(Sharecast News) - London stocks fell in early trade on Thursday amid a deluge of corporate news, dragged lower by ex-dividend shares.

Read more

Costain YTD trading in line with internal expectations

16th May 2024 08:00

(Sharecast News) - Construction and engineering company Costain said on Thursday that its year-to-date trading performance was in line with internal expectations, with the group continuing to have "a high-quality forward work position".

Read more

Vistry lifts housebuilding target as forward sales surge

16th May 2024 07:54

(Sharecast News) - Vistry lifted its annual homebuilding target to more than 18,000 driven by a 10% year-on-year rise in forward sales.

Read more

Convatec shares slump on wound care uncertainty

16th May 2024 07:46

(Sharecast News) - Shares in medtech group Convatec slumped on Thursday despite the company keeping its top-level guidance for 2024, though growth forecasts in the Advanced Wound Care division have been reduced due to "short-term uncertainty".

Read more

AstraZeneca's Covid drug meets trial endpoints

16th May 2024 07:43

(Sharecast News) - AstraZeneca said on Thursday that its investigative drug sipavibart had shown positive results in preventing Covid-19 in vulnerable patients.

Read more