News Archive

Eurozone producer prices fall in September

6th Nov 2024 10:19

(Sharecast News) - Producer prices eased in the Eurozone in September, official data showed on Wednesday, in line with expectations.

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Berenberg lowers Smtih and Nephew to 'hold'

6th Nov 2024 09:47

(Sharecast News) - Analysts at Berenberg downgraded medical equipment manufacturing company Smith & Nephew from 'buy' to 'hold' and lowered its target price on the stock from £14.50 to £10.50, stating the group's path to recovery was now "less clear".

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Trading on track at Nichols, shares spark

6th Nov 2024 09:42

(Sharecast News) - Nichols said it remained on track to meet full-year guidance on Wednesday, as the Vimto-owner reiterated its longer-term growth plans.

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Conduit expects $50m hit from large loss events in Q3

6th Nov 2024 09:41

(Sharecast News) - Reinsurance business Conduit said on Wednesday that the industry had experienced "a significant level of natural catastrophe and large loss activity" in FY24, with activity across smaller and mid-size natural catastrophes and large risk events elevated in Q3.

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UK construction growth slows as housebuilding declines

6th Nov 2024 09:40

(Sharecast News) - Activity in the UK construction sector expanded for the eighth straight month in October, though growth eased from a two-year high as uncertainty delayed spending decisions ahead of the Autumn Budget.

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YouGov full-year revenue inches past August guidance

6th Nov 2024 09:29

(Sharecast News) - YouGov reported a modestly positive performance for the financial year ended July on Wednesday, with revenue reaching £335.3m, a 30% year-on-year increase, slightly surpassing its August guidance.

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Lancashire Holdings announces special dividend as profits grow

6th Nov 2024 09:14

(Sharecast News) - Lancashire Holdings posted a 9% jump in premiums written on Wednesday as it announced a special dividend, sending shares in the insurer surging.

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Eurozone business activity stagnates - PMI

6th Nov 2024 09:00

(Sharecast News) - The Eurozone economy failed to gain ground in October, a closely-watched survey showed on Wednesday, weighed down by weakness in Germany and France.

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OSB sees 'gradual return of confidence' across core markets

6th Nov 2024 08:41

(Sharecast News) - Lending and retail savings group OSB said on Wednesday that there had been signs of "a gradual return of confidence" across its core markets since 1 July.

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Senior names Alpna Amar as CFO

6th Nov 2024 08:25

(Sharecast News) - Manufacturing and engineering business Senior named Alpna Amar as chief financial officer on Wednesday, with effect from May 2025.

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Phoenix Group taps Nic Nicandrou for CFO

6th Nov 2024 08:17

(Sharecast News) - Savings and retirement business Phoenix Group revealed on Wednesday that Nic Nicandrou had been appointed to the role of chief financial officer, with effect from 2 December.

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Domino's Q3 orders boosted by delivery

6th Nov 2024 08:15

(Sharecast News) - Domino's Pizza posted a jump in third-quarter orders on Wednesday, underpinned by delivery orders.

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Revenues strengthen at Spirent despite tough market

6th Nov 2024 08:07

(Sharecast News) - Spirent Communications saw revenues tick higher in the third quarter, the telecoms testing specialist said on Wednesday, despite "challenging" market conditions.

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FCA approves AO World's MusicMagpie takeover

6th Nov 2024 08:03

(Sharecast News) - Online electronics retailer AO World has received approval from the Financial Conduct Authority for its £10.0m cash takeover of MusicMagpie.

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London open: Stocks surge as Trump declares victory

6th Nov 2024 08:01

(Sharecast News) - London stocks rallied in early trade on Wednesday as Donald Trump closed in on the US presidency.

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