News Archive
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 moreConvatec 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 moreAstraZeneca'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 moreLondon pre-open: Stocks seen up after positive US close
16th May 2024 07:34
(Sharecast News) - London stocks were set to rise at the open on Thursday following a positive close on Wall Street, amid a deluge of corporate news.
Read moreWatches of Switzerland 'cautiously optimistic' as Q4 sales rise 4%
16th May 2024 07:28
(Sharecast News) - Shares in Watches of Switzerland surged 15% on Thursday as the luxury timepiece retailer said it was "cautiously optimistic" about future trading after a 4% rise in sales in the final quarter of its financial year driven by a strong performance in the US.
Read morePremier Foods full-year results beat expectations
16th May 2024 07:28
(Sharecast News) - Mr Kipling owner Premier Foods said on Thursday that its full-year performance was ahead of expectations and it returned to volume growth in the fourth quarter.
Read moreThursday newspaper round-up: JCB, M&S, smart meters
16th May 2024 07:22
(Sharecast News) - The British digger maker JCB, owned by the billionaire Bamford family, continued to build and supply equipment for the Russian market months after saying it had stopped exports because of Vladimir Putin's invasion of Ukraine, the Guardian can reveal. Russian customs records show that JCB, whose owners are major donors to the Conservative party, continued to make new products available for Russian dealers well after 2 March 2022, when the company publicly stated that it had "voluntarily paused exports" to Russia. - Guardian
Read moreSage confident after robust first half
16th May 2024 07:20
(Sharecast News) - Sage Group shares were well into the red on Thursday morning, despite reporting a robust first-half performance, as the company downgraded its guidance.
Read moreSiemens revenue stable despite fall in orders
16th May 2024 07:18
(Sharecast News) - Siemens reported relatively stable revenue in its second quarter on Thursday, despite a 12% decline in comparable orders, reflecting a high volume of large orders in the mobility segment.
Read moreBT sees profits drop 31%, predicts little growth this year
16th May 2024 07:10
(Sharecast News) - Telecoms giant BT saw shares pop on Thursday despite reporting a 31% drop in annual profits in the year to 31 March, as the company laid out plans to save £3bn of costs a year by the end of the decade.
Read moreEasyJet chief to step down next year
16th May 2024 07:01
(Sharecast News) - EasyJet chief executive Johan Lundgren is to step down after more than seven years in the role, the budget carrier said on Thursday.
Read moreUS close: Stocks higher following CPI reading
15th May 2024 23:26
(Sharecast News) - Wall Street stocks closed higher on Wednesday as market participants digested April's all-important consumer price index report.
Read moreSector movers: Stocks keep pushing higher as Gilt yields dip
15th May 2024 16:20
(Sharecast News) - Interest rate sensitive areas of the market were again to the fore on Wednesday, helping London's main stock market gauges set fresh record highs.
Read moreBroker tips: DCC, Shell
15th May 2024 15:59
(Sharecast News) - RBC Capital Markets lifted its price target on DCC on Wednesday to 5,800.0p from 5,700.0p after the group published its full-year results a day earlier.
Read moreEurope close: Stocks at fresh highs as Eurozone exits recession, US CPI pleases
15th May 2024 15:58
(Sharecast News) - European shares pushed through to fresh record highs on Wednesday as the eurozone exited recession and US consumer prices dipped in year-on-year terms in April, as expected.
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