News Archive

Alstom to cut debt through €1bn rights issue

8th May 2024 09:30

(Sharecast News) - French train maker Alstom announced plans to raise €1bn from shareholders on Wednesday, as it looks to slash debt.

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STV Studios wins three BBC Daytime commissions

8th May 2024 09:30

(Sharecast News) - STV Group announced on Wednesday that its STV Studios division has secured three recommissions from BBC Daytime.

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Asia report: Japan leads losses as Toyota, Nintendo flag weakness

8th May 2024 09:28

(Sharecast News) - Stock markets in the Asia-Pacific region were in a mixed state on Thursday, with Japan's markets leading the decliners, as investors thumbed through a series of earnings reports from the region.

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Plant Health Care FY revenues down, US sales boost YTD performance

8th May 2024 09:19

(Sharecast News) - Peptides provider Plant Health Care said on Wednesday that although full-year revenues were down in 2023, US sales throughout the first four months of FY24 had boosted year-to-date revenues.

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AB Inbev's Q1 volumes fall less than expected

8th May 2024 08:50

(Sharecast News) - Shares in Anheuser-Busch InBev were rising strongly in Brussels after the Belgian beverages giant reiterated its full-year guidance following better-than-expected first-quarter volumes.

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SoftBank in talks to buy UK's Graphcore - report

8th May 2024 08:46

(Sharecast News) - Japan's SoftBank is reportedly in talks to buy Graphcore, a struggling British semiconductor start-up once valued at $2.8bn.

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Europe open: Shares rise amid corporate results, German data

8th May 2024 08:32

(Sharecast News) - European shares rose at the open on Wednesday amid another dump of corporate earnings and a smaller-than-expected fall in German industrial output.

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Sweden's Riksbank trims interest rates

8th May 2024 08:14

(Sharecast News) - Sweden's central bank trimmed interest rates on Wednesday, for the first time since 2016.

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London open: Stocks gain as Informa, Wetherspoons rally

8th May 2024 08:11

(Sharecast News) - London stocks rose in early trade on Wednesday, helped along by solid performances from the likes of Informa and Wetherspoons, as investors eyed this week's Bank of England policy announcement.

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Workspace poaches Capital & Regional boss as new CEO

8th May 2024 08:01

(Sharecast News) - Office provider Workspace has appointed Capital & Regional boss Lawrence Hutchings as its chief executive designate to replace its current CEO who announced his retirement in January.

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German industrial production falls less than expected

8th May 2024 07:53

(Sharecast News) - Industrial output in Germany fell in March, according to data released on Wednesday by the Federal Statistical Office, Destatis, though it wasn't as big a drop as expected after figures for the previous month were revised lower.

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3i Infrastructure tops full-year total return target

8th May 2024 07:50

(Sharecast News) - 3i Infrastructure announced a successful financial year on Wednesday, reporting an 11.4% return for the 12 months ended 31 March, topping its target for a total return of 8% to 10% per annum over the medium term.

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JD Wetherspoon sees FY profits at top of market forecast

8th May 2024 07:48

(Sharecast News) - Pub group JD Wetherspoon said on Wednesday that full-year profits were set to be towards the top of market expectations as it reported a jump in third-quarter sales, boosted by sales of traditional ales and Guinness.

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Direct Line Q1 premiums up on price hikes

8th May 2024 07:40

(Sharecast News) - UK insurer Direct Line on Wednesday reported a large rise in first-quarter written premiums as it hammered consumers with price hikes.

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London pre-open: FTSE seen up as attention turns to BoE

8th May 2024 07:34

(Sharecast News) - London stocks were set for more gains on Wednesday as investors looked ahead to this week's policy announcement from the Bank of England.

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