News Archive
Shares slide as Midwich warns on profits
14th May 2024 08:35
(Sharecast News) - Shares in Midwich Group fell sharply in early trading on Tuesday, after the audio visual specialist warned on profits.
Read moreMarston's delivers 'strong' LFL sales growth in H1, sees busy summer ahead
14th May 2024 08:17
(Sharecast News) - Brewing company Marston's said on Tuesday that it had delivered "strong" like-for-like sales growth in H1, driving "good growth" in pub operating profits.
Read moreHeadlam warns on profits, cites weak housing market
14th May 2024 08:16
(Sharecast News) - Headlam slid on Tuesday as it warned on full-year profits, citing a weak housing market and a deterioration in consumer spending.
Read moreEurope open: Shares flat but Delivery Hero surges on Taiwan sale
14th May 2024 08:15
(Sharecast News) - European shares were flat at the open on Tuesday as investors digested UK employment and pay data, while on the corporate front shares in Delivery Hero surged by a fifth after it agreed to sell its Foodpanda delivery business in Taiwan for $950m to Uber.
Read moreHochschild Mining delivers commercial production in Brazil
14th May 2024 08:03
(Sharecast News) - Precious metals miner Hochschild Mining has achieved commercial production at the Mara Rosa gold mine in Brazil, a "significant milestone" that has been hit ahead of schedule.
Read moreLondon open: Stocks nudge up as investors mull jobs data
14th May 2024 07:54
(Sharecast News) - London stocks were just a touch higher in early trade on Tuesday as investors mulled conflicting UK jobs data.
Read moreGreggs holds guidance as sales make strong start
14th May 2024 07:52
(Sharecast News) - UK bakery chain Greggs maintained full year earnings forecasts as underlying sales grew 7.4% in the first 19 weeks of this year in what it called a "challenging market".
Read moreTritax EuroBox offloads Gothenburg asset as disposals continue
14th May 2024 07:50
(Sharecast News) - Logistics real estate investor Tritax EuroBox is to sell a Gothenburg warehouse for SEK385m (£28m) as the company continues to dispose of assets to reduce leverage.
Read moreCiti opens 'positive catalyst watch' on Inchcape
14th May 2024 07:44
(Sharecast News) - Citi opened a 'positive catalyst watch' on shares of Inchcape on Tuesday, as it said the car dealership "has a unique consolidation opportunity within the automotive distribution market".
Read moreAnnual profits spark at DCC
14th May 2024 07:42
(Sharecast News) - Ireland's DCC reported a jump in annual profits on Tuesday, on the back of strong trading in its core energy division.
Read moreLondon pre-open: Stocks seen down as investors mull jobs data
14th May 2024 07:30
(Sharecast News) - London stocks were set to edge lower at the open on Tuesday as investors mulled data showing the UK jobs market is cooling.
Read moreAnglo unveils radical shake-up to simplify portfolio, cut costs
14th May 2024 07:21
(Sharecast News) - Anglo American has announced a "major new phase" in its strategy as it makes radical changes to its business structure to drive shareholder returns and save costs, including the divestment or spin-off of its steelmaking coal, nickel, platinum and diamond operations.
Read moreFlutter confident despite wider quarterly net loss
14th May 2024 07:16
(Sharecast News) - Flutter reported a net loss of $177m in its first quarter on Tuesday - a $66m increase year-on-year, which it attributed to non-cash charges of $356m.
Read moreTuesday newspaper round-up: Tesco, OpenAI, housebuilding
14th May 2024 07:10
(Sharecast News) - Tesco is facing criticism from "shocked" charities who say they are struggling to distribute unwanted food to homeless and hungry people after they claim the retailer brought in rules that mean unwanted food can only be collected in the evening. The supermarket group has switched to a new system which asks charities to pick up unwanted food, such as items reaching their best before date, only in the evening when a store is closing rather than the following morning, the charities have claimed. - Guardian
Read moreCurrys lifts full-year profit expectations
14th May 2024 07:06
(Sharecast News) - Electricals retailer Currys lifted its full-year profit expectations on Tuesday as it hailed a return to like-for-like sales growth.
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