News Archive
Jupiter reports lower AUM in Q3 amid weak sentiment
11th Oct 2024 08:01
(Sharecast News) - Jupiter Fund Management on Friday reported lower assets under management (AUM) as clients pulled £1.6bn during the third quarter.
Read moreQuiz CFO Sweeney to step down
11th Oct 2024 07:55
(Sharecast News) - Fashion retailer Quiz said on Friday that chief financial officer Gerard Sweeney is planning to step down after more than eight years with the group.
Read moreUK economy returns to growth in August
11th Oct 2024 07:42
(Sharecast News) - The UK economy returned to growth in August, according to figures released on Friday by the Office for National Statistics.
Read moreLondon pre-open: Stocks seen lower; UK economy returns to growth
11th Oct 2024 07:39
(Sharecast News) - London stocks were set to fall at the open on Friday following a downbeat US session, as investors mulled the latest UK GDP data.
Read moreHays predicts H1 profit decline as tough conditions drag on
11th Oct 2024 07:31
(Sharecast News) - Recruitment firm Hays says it expects earnings to be sequentially lower in the first half as a result of ongoing challenging market conditions, which resulted in a big drop in fees in the first quarter.
Read moreFriday newspaper round-up: Scottish Power, TGI Fridays, green energy firms
11th Oct 2024 07:31
(Sharecast News) - The leaders of the world's biggest green energy companies have promised more than £24bn of new private investment across Great Britain ahead of a meeting with the prime minister on Friday. Keir Starmer is expected to meet the green energy bosses on the sidelines of the first Council of Nations and Regions in Edinburgh to discuss the multibillion-pound projects just days before the government's international investment summit next week. - Guardian
Read moreUK trade balance widens in August - ONS
11th Oct 2024 07:26
(Sharecast News) - The UK's trade deficit widened in August, official data showed on Friday, after a jump in imports outstripped the rise in exports.
Read moreQinetiQ wins three year UK defence contract worth up to £150m
11th Oct 2024 07:17
(Sharecast News) - QinetiQ announced on Friday that it has been awarded a three-year contract by Defence Digital, part of the UK Ministry of Defence, to support the development of next-generation tactical military communications systems.
Read moreBellway appoints former Cairn Homes exec as CFO
11th Oct 2024 07:12
(Sharecast News) - Housebuilder Bellway is appointing the former chief financial officer of competitor Cairn Homes as its new CFO, the company announced on Friday.
Read moreBP warns weak refining margins to hit Q3 profit
11th Oct 2024 07:06
(Sharecast News) - BP followed sector rival Shell and warned profits would fall by as much as $600m on the back of declining refining margins and oil trading driven by the global slowdown for fuel products and weaker crude prices.
Read moreSainsbury's slumps as Qatar Investment Authority places 109m shares
11th Oct 2024 07:06
(Sharecast News) - Sainsbury's slumped on Friday following reports that its biggest shareholder, Qatar Investment Authority, has placed 109m shares in the supermarket chain.
Read moreUS close: Stocks lower following September's CPI reading
10th Oct 2024 21:40
(Sharecast News) - Wall Street stocks were in the red at the end of trading on Thursday as market participants digested September's hotter-than-expected consumer price index.
Read moreTHG announces £75m fundraising, demerger of Ingenuity business
10th Oct 2024 19:14
(Sharecast News) - E-commerce company THG said on Thursday that it will go ahead with plans to demerge its Ingenuity business into a standalone independent private entity as it announced a £75m equity raising to help facilitate the demerger.
Read moreBroker tips: GSK, Central Asia Metals
10th Oct 2024 16:43
(Sharecast News) - GSK's $2.2bn payment to settle 93% of outstanding Zantac lawsuits in the US was close to the "best case scenario", according to Jefferies, which said the announcement should remove a significant weight on the share price.
Read moreEurope close: Stocks inch lower after choppy session
10th Oct 2024 16:25
(Sharecast News) - Thursday saw choppy trading across European stock markets with the region's main benchmark finishing lower but moving within a narrow range, as investors focused on mixed economic data from the US and developments in the Middle East.
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