News Archive
JPMorgan sees further upside at IAG despite recent rally
13th May 2024 09:03
(Sharecast News) - British Airways owner IAG's stock was making gains on Monday following positive comments from JPMorgan, which said that earnings momentum should continue to take the shares higher.
Read moreEurope open: Shares up as investors eye US inflation data
13th May 2024 08:15
(Sharecast News) - European shares opened higher on Monday as investors looked ahead to US April inflation data later in the week.
Read moreHeathrow passenger numbers grow in April
13th May 2024 08:09
(Sharecast News) - Britain's busiest airport Heathrow saw a 4.8% year-on-year increase in passenger traffic during April, with 6.7m travellers passing through its gates.
Read moreRio Tinto automated iron ore train derails in Western Australia
13th May 2024 07:54
(Sharecast News) - An automated iron ore train operated by mining giant Rio Tinto has derailed after colliding with a set of stationary wagons in north-western Australia on Monday, the company said.
Read moreLondon open: Stocks extend rally ahead of US inflation data
13th May 2024 07:54
(Sharecast News) - UK stocks were inching higher on Monday morning, though risk appetite was capped by markets already trading at record highs ahead of some crucial inflation data from the US later in the week.
Read moreGulf Keystone launches $10m share buyback amid strong operations
13th May 2024 07:45
(Sharecast News) - Kurdistan-focussed energy company Gulf Keystone updated the market on its operations on Monday, initiating a $10m share buyback programme aimed at enhancing shareholder value.
Read moreLondon pre-open: Stocks to dip after recent highs
13th May 2024 07:29
(Sharecast News) - London stocks were set to edge down at the open on Monday as investors pause for breath after recent record highs.
Read morePhoenix Group CFO to step down
13th May 2024 07:26
(Sharecast News) - Savings and retirement group Phoenix has announced that its chief financial officer of four years is to step down later this year.
Read moreMission Group rejects 29p a share takeover offer from Brave Bison
13th May 2024 07:22
(Sharecast News) - Digital marketing agency Mission Group said on Monday that it had rejected a takeover proposal from rival Brave Bison which valued the group at around 29p a share.
Read moreMonday newspaper round-up: BT, ultra-long mortgages, Fever-Tree
13th May 2024 07:21
(Sharecast News) - BT has said it is increasingly using artificial intelligence to help it detect and neutralise threats from hackers targeting business customers amid repeated attacks on companies. The £10.5bn group is aiming to build up its business protecting customers from online criminals and has patented technology that uses AI to analyse attack data to allow companies to protect their tech infrastructure. British businesses are routinely facing hacking attempts, and some recent high-profile victims have included including the outsourcer Capita, Royal Mail and British Airways. - Guardian
Read moreVictrex sees H1 profits drop, expects H2 improvement
13th May 2024 07:16
(Sharecast News) - High-performance polymers group Victrex said underlying profits dropped by a third in the first half after an 11% drop in volumes, though results did see a sequential improvement in the second quarter.
Read moreUnite Group sells six properties
13th May 2024 07:12
(Sharecast News) - Unite Group announced the sale of six properties to PGIM Real Estate on Monday, for £184m, with its share amounting to £76m.
Read moreDiploma lifts FY guidance as acquisitions boost interims
13th May 2024 07:03
(Sharecast News) - Shares in Diploma hit a record high on Monday as the specialist product distribution business lifted annual guidance after a 17% rise in adjusted half-year earnings, boosted by acquisitions.
Read moreEurope close: London, Paris and Frankfurt hit new highs as stocks rise
10th May 2024 16:54
(Sharecast News) - Europe stocks rose strongly again on Friday, with the Stoxx 600 setting yet another record high as benchmark indices in London, Paris and Frankfurt all finished at fresh peaks.
Read moreLondon close: Stocks rise further as UK exits recession
10th May 2024 16:02
(Sharecast News) - London stocks finished the trading week on a positive note on Friday, driven by gains in the mining sector, following the release of data indicating the UK's exit from recession.
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