News Archive
London pre-open: Stocks seen up ahead of BoE announcement
9th May 2024 07:29
(Sharecast News) - London stocks looked set for more gains on Thursday ahead of the Bank of England's latest policy decision, having scaled new highs a day earlier.
Read moreWatches of Switzerland buys Roberto Coin Inc for $130m
9th May 2024 07:28
(Sharecast News) - Watches of Switzerland Group said it had bought Roberto Coin Inc for $130m as it looks to expand into the luxury jewellery market.
Read more3i Group reports 'strong' results in challenging year
9th May 2024 07:22
(Sharecast News) - 3i Group reported a 'strong' set of results in what it described as a challenging year on Thursday, with a total return of £3.84bn, representing a 23% return on opening shareholders' funds.
Read moreThursday newspaper round-up: Tax rises, smart meters, Selfridges
9th May 2024 07:20
(Sharecast News) - The next government will be forced to hit voters with post-election tax rises and delay net zero investment unless it is prepared to rip up Treasury rules for managing the state finances, a leading thinktank has said. The National Institute for Economic and Social Research (Niesr) called for a radical overhaul of the self-imposed constraints imposed on government borrowing and debt as it warned that persistently weak growth and lower inflation would make hitting the rules more difficult. - Guardian
Read moreFX movements wipe $1bn off Airtel's top line
9th May 2024 07:19
(Sharecast News) - Africa-focused telecoms group Airtel was hit hard by a drop in the Nigerian naira in the year to 31 March, with a $549m negative FX headwind pushing it into the red on a pre-tax basis and taking more than $1bn off the top line.
Read moreRathbones Group makes 'positive start' to FY24
9th May 2024 07:16
(Sharecast News) - Wealth manager Rathbones said on Thursday that it had made a "positive start" to FY24, partly due to its merger with Investec Wealth & Investment back in 2023.
Read moreIMI Q1 revenues rise 4%; FY guidance held
9th May 2024 07:15
(Sharecast News) - Specialist engineering firm IMI on Thursday said trading remained in line with expectations as first-quarter revenue rose 4% year on year.
Read moreBAE holds guidance, sees boost from global tensions
9th May 2024 07:02
(Sharecast News) - Weapons maker BAE Systems held annual guidance and said global geopolitical tensions should boost orders as countries increased defence spending.
Read moreUS close: Dow Jones extends winning streak
8th May 2024 22:36
(Sharecast News) - Wall Street stocks turned in a mixed performance on Wednesday as corporate earnings continued to dominate markets.
Read moreSector movers: Aerospace and Defence, Pharma pace gains
8th May 2024 19:10
(Sharecast News) - London's main stock market gauges continued to push higher in the middle of the week, even as investors waited on the Bank of England's policy announcement on the following day.
Read moreLondon close: Stocks rise further ahead of BoE decision
8th May 2024 16:36
(Sharecast News) - London's stock markets closed with gains on Wednesday, bolstered by a dip in the value of the pound against both the dollar and the euro.
Read moreFTSE 250 movers: Wood up on bid rebuff; Renishaw slides after downgrade
8th May 2024 15:29
(Sharecast News) - FTSE 250 (MCX) 20,424.70 0.06%
Read moreDirector dealings: Keywords Studios director makes share purchase
8th May 2024 15:21
(Sharecast News) - Keywords Studios revealed on Wednesday that non-executive director Don Robert had acquired 4,700 ordinary shares in the AIM-listed video game industry services company.
Read moreUK's CMA to investigate GXO's acquisition of Wincanton
8th May 2024 15:02
(Sharecast News) - The UK's Competition and Markets Authority said on Wednesday that it was launching an investigation into GXO Logistics' £762m acquisition of Wincanton, which completed at the end of last month.
Read moreThursday preview: Bank of England, China trade data in the spotlight
8th May 2024 14:35
(Sharecast News) - The Bank of England's latest policy decision will be front and centre on Thursday with quite a few economists - albeit not all - increasingly anticipating interest rate cuts sooner rather than later.
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