News Archive

Tritax EuroBox regears leases on Belgian asset

15th May 2024 07:37

(Sharecast News) - European logistics real estate company Tritax EuroBox said it had agreed a lease re-gear, a new lease and associated solar PV Power Purchase Agreement (PPA) at Logistics Park Bornem, Belgium.

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Imperial Brands reiterates full-year outlook despite profits dip

15th May 2024 07:34

(Sharecast News) - Tobacco giant Imperial Brands reiterated its full-year outlook on Wednesday, despite a fall in interim profits and sales.

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TUI halves first-half losses after record Q2

15th May 2024 07:29

(Sharecast News) - A record performance in the second quarter helped travel firm TUI grow first-half revenues by 15% and more than halve underlying losses, as it reconfirmed its guidance for the full year.

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London pre-open: Stocks seen up ahead of US CPI

15th May 2024 07:27

(Sharecast News) - London stocks were set to rise at the open on Wednesday following a positive session on Wall street, as investors eyed the latest US inflation reading.

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Raspberry Pi confirms plans for London listing

15th May 2024 07:24

(Sharecast News) - Computer maker Raspberry Pi confirmed on Wednesday that it is planning to list on the main market of the London Stock Exchange.

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Compass lifts full-year outlook after strong first half

15th May 2024 07:23

(Sharecast News) - Food and support service provider Compass Group raised its full-year guidance on Wednesday, after reporting an 11.2% increase in first-half revenue to $20.9bn, alongside an 18.7% surge in operating profit to $1.47bn.

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Wednesday newspaper round-up: Brexit border outages, Boeing, Stellantis

15th May 2024 07:17

(Sharecast News) - Lorries carrying perishable food and plants from the EU are being held for up to 20 hours at the UK's busiest Brexit border post as failures with the government's IT systems delay imports entering Britain. Businesses have described the government's new border control checks as a "disaster" after IT outages led to lorries carrying meat, cheese and cut flowers being held for long periods, reducing the shelf life of their goods and prompting retailers to reject some orders. - Guardian

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Eurozone GDP edges higher in first quarter

15th May 2024 07:12

(Sharecast News) - Eurozone economic growth ticked higher in the first quarter of 2024, official data showed on Wednesday.

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Spirax Group keeps sales guidance, but FX to weigh on profits

15th May 2024 07:09

(Sharecast News) - Engineering firm Spirax Group has maintained its guidance for organic sales growth this year despite ongoing weakness in the wider market, though foreign exchange headwinds will impact profits more than previously thought.

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Marshalls revenues fall 10% amid weak housing market

15th May 2024 07:05

(Sharecast News) - Landscaping and building products supplier Marshalls said revenues fell 10% in the four months to April 30 as weak demand in the housing and maintenance market continued, adding that it still expected flat profits for 2024.

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Profits slide at Burberry as luxury demand slows

15th May 2024 07:01

(Sharecast News) - Burberry Group warned of a challenging first half on Wednesday, after slowing luxury demand dented annual sales and profits.

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US close: Late rally sends Nasdaq to new all-time high

14th May 2024 22:08

(Sharecast News) - US stocks finished the day with moderate gains despite more hawkish comments from the head of Federal Reserve and rising concerns about sticky inflation, with the Nasdaq reaching another record high.

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Sector movers. Shares buoyed by speculation around June Bank Rate cut

14th May 2024 17:54

(Sharecast News) - Interest rate sensitive areas of the market fared best on Tuesday as softer jobs data and comments from the Bank of England's chief economist led some economists to reiterate their forecasts for a June rate cut.

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London close: Stocks manage gains as unemployment rises

14th May 2024 16:40

(Sharecast News) - London stocks closed higher on Tuesday, as investors analysed the latest UK jobs data and remarks from Bank of England chief economist Huw Pill.

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Broker tips: Greggs, Inchcape, Unilever

14th May 2024 15:51

(Sharecast News) - Shore Capital has maintained a 'hold' rating on Greggs despite a strong start to the year from the bakery chain, saying that the shares look "up with events for now".

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