News Archive

Berenberg slightly raises target price on Helios

9th May 2024 12:39

(Sharecast News) - Analysts at Berenberg slightly raised their target price on telecommunications tower infrastructure company Helios Towers from 170.0p to 185.0p on Thursday, stating the group was now "poised for value creation".

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Clarksons still upbeat despite tough conditions for investment banking

9th May 2024 12:20

(Sharecast News) - Clarksons, which provides services and investment banking to the shipping industry and offshore markets, has said it made a positive start to the year and that full-year expectations remain unchanged despite "challenging" conditions in the financial division.

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US jobless claims hit nine-month high

9th May 2024 11:48

(Sharecast News) - Americans lined up for unemployment benefits at an accelerated clip in the week ended 4 May, according to the Department of Labor, hitting a nine-month high in the process.

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US pre-open: Futures in the red as Treasury yields rise

9th May 2024 11:47

(Sharecast News) - Wall Street futures were in the red ahead of the bell on Thursday as rising Treasury yields were in focus.

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Robinson sees strong H2 momentum carry over into 2024

9th May 2024 11:46

(Sharecast News) - Plastic and paperboard packaging manufacturer Robinson said on Thursday that momentum experienced in the second half of 2023 has continued into 2024.

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Nissan profits jump 92%

9th May 2024 11:36

(Sharecast News) - Motor manufacturer Nissan said annual profit jumped 92% to 426.6 billion yen (£2.1bn), driven by higher sales in all major global markets except China.

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BBVA makes hostile takeover bid for Banco Sabadell

9th May 2024 11:21

(Sharecast News) - Spanish banking group BBVA has proposed a hostile takeover of smaller peer Banco Sabadell, taking its €12.2bn offer directly to shareholders after the latter's board rejected an approach earlier this week.

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Syncona reports positive findings from investee Freeline

9th May 2024 11:19

(Sharecast News) - Life science investor Syncona reported positive findings from its portfolio company Freeline Therapeutics on Thursday, after a phase one and two study of its gene therapy candidate for Gaucher disease, 'FLT20', showed encouraging results.

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London midday: FTSE touch higher, sterling falls after BoE holds rates as expected

9th May 2024 11:17

(Sharecast News) - London stocks were still just a touch firmer by midday on Thursday, as the Bank of England stood pat on interest rates, as widely expected.

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Telefónica maintained outlook after Q1 beat

9th May 2024 10:55

(Sharecast News) - Spanish telecoms giant Telefónica has reiterated its full-year outlook after a better-than-expected first-quarter performance, with net income rising almost 80% on the year before.

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Europe midday: Shares flat as BoE holds rates, but sees Q1 GDP growth

9th May 2024 10:54

(Sharecast News) - European stocks were flat on Wednesday as the Bank of England held interest rates steady, in line with expectations, and said the UK economy may have pulled out of recession into growth during the first quarter of the year.

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Asia report: Markets mixed as Chinese imports surge beyond forecasts

9th May 2024 10:18

(Sharecast News) - Stock markets in the Asia-Pacific region finished in a mixed state on Thursday, with equities in China buoyed by robust import figures in the country.

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Eckoh FY adjusted operating profits 'marginally ahead' of expectations

9th May 2024 10:15

(Sharecast News) - Data security solutions business Eckoh said on Thursday that adjusted operating profits were "marginally ahead of market expectations" in the year ended 31 March despite seeing full-year revenues decrease.

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Spire Healthcare trading in line with outlook

9th May 2024 10:13

(Sharecast News) - Spire Healthcare said in an update on Thursday that its recent trading had been robust, in line with the positive momentum seen since it announced its results on 29 February.

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Harbour Energy hikes FY dividend, 'on track' to complete Wintershall acquisition in Q4

9th May 2024 09:46

(Sharecast News) - Oil and gas business Harbour Energy hiked its full-year dividend on Thursday as its transformational takeover of German rival Wintershall was "on track" to complete in Q4.

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