News Archive
TT Electronics reiterates FY outlook, YTD revenues down 2%
10th May 2024 08:02
(Sharecast News) - Electronic components TT Electronics reiterated its full-year outlook on Friday despite "continuing global macroeconomic uncertainty".
Read moreCRH revenues rise as strong NA growth offsets weakness in Europe
10th May 2024 07:53
(Sharecast News) - London-listed shares in CRH rose on Friday after the builders' merchant said it made a solid start to 2024 in the seasonally least significant quarter, with revenues rising on the back of positive pricing, early-season activity and favourable weather in key markets.
Read moreC&C backs guidance as it delays FY results
10th May 2024 07:51
(Sharecast News) - Bulmers, Magners and Tennent's owner C&C Group reaffirmed its annual guidance on Friday as it said full-year results will be delayed as additional time is needed to complete a review of certain non-cash accounting measurements relating to previous financial periods.
Read moreUK no longer in recession as Q1 GDP grows 0.6%
10th May 2024 07:40
(Sharecast News) - The UK is no longer in recession, according to data released on Friday by the Office for National Statistics.
Read moreAquila calls off merger talks with Octopus Renewables
10th May 2024 07:34
(Sharecast News) - Merger talks between Octopus Renewables Infrastructure Trust (ORIT), the clean energy investment fund of Octopus Energy Group, and smaller peer Aquila European Renewables (AERI) have been called off after AERI rebuffed an indicative offer.
Read moreLondon pre-open: Stocks seen up as UK economy no longer in recession
10th May 2024 07:33
(Sharecast News) - London stocks were set to rise at the open on Friday as investors mulled the latest UK GDP figures.
Read moreTBC Bank in £22m share buyback as Q1 profits jump
10th May 2024 07:26
(Sharecast News) - Georgia's TBC Bank reported higher first-quarter profit as net interest income jumped 21%, driven by higher interest rates and a "dynamic" loan book as it also launched a 75 million Georgian lari (£22.4m) share buyback.
Read moreBytes Technology appoints Sam Mudd as permanent CEO
10th May 2024 07:23
(Sharecast News) - Bytes Technology Group announced the appointment of Sam Mudd as its permanent chief executive officer on Friday, as it also welcomed two independent non-executive directors to its board.
Read moreFriday newspaper round-up: Tata, Post Office, John Lewis, KPMG
10th May 2024 07:17
(Sharecast News) - Members of a steelworkers' union have voted to take industrial action in protest at planned job losses at Tata. The company last month rejected a plan by unions to keep open a blast furnace at the Port Talbot steelworks, ending hopes of avoiding as many as 2,800 job losses. - Guardian
Read moreRightmove paints upbeat picture as customer numbers grow
10th May 2024 07:15
(Sharecast News) - Property portal Rightmove has reiterated its revenue and profit guidance for the full year, but upgraded its customer growth expectations after a strong start to the year.
Read moreFRC makes final decisions in KPMG's Carillion audit failures
10th May 2024 07:13
(Sharecast News) - The Financial Reporting Council (FRC) announced historic penalties against KPMG and two former partners on Friday, in its final decision round audit failures linked to the collapsed Carillion.
Read moreIAG sees strong summer demand as Q1 profits take off
10th May 2024 07:04
(Sharecast News) - British Airways owner IAG said it was "well positioned" for the summer after posting a huge rise in first quarter profit on the back of strong leisure travel demand, especially over the Easter holidays.
Read moreUS close: Stocks rise as jobless claims top forecasts
9th May 2024 21:48
(Sharecast News) - Wall Street saw gains in its major indices as the closing bell rang on Thursday, with investors closely monitoring the latest jobless claims figures from the Labor Department.
Read moreEurope close: Stoxx 600, Footsie and DAX all hit new record highs
9th May 2024 16:01
(Sharecast News) - Europe's Stoxx 600 index rose to another record high on Thursday after dovish comments from the Bank of England raised hopes that monetary policy across the continent may continue to ease in the coming months.
Read moreDirector dealings: Brickability director lowers stake
9th May 2024 15:58
(Sharecast News) - Brickability revealed on Thursday that non-executive director Clive Norman had disposed of 400,000 ordinary shares in the AIM-listed building materials company.
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