News Archive
RBC Capital ups Burberry to 'outperform', hikes price target
6th Nov 2024 08:00
(Sharecast News) - RBC Capital Markets upgraded Burberry on Wednesday to 'outperform' from 'sector perform' and hiked the price target to 900p from 650p.
Read moreEurope open: Stocks surge as risk appetite returns following US elections
6th Nov 2024 07:56
(Sharecast News) - European stock markets rallied on Wednesday morning in the aftermath of the US presidential elections, with Donald Trump already declaring a "magnificent victory" in the race against Kamala Harris to the White House.
Read moreGerman factory orders rebound strongly
6th Nov 2024 07:56
(Sharecast News) - Factory orders in Germany unexpectedly jumped in September, rebounding sharply after a heavy fall the previous month, as orders for large transportation vessels surged.
Read moreWetherspoons hails 'record' sales, highlights rising costs
6th Nov 2024 07:50
(Sharecast News) - Pub chain JD Wetherpoon said on Wednesday that it was "confident of a reasonable outcome for the year" as it reported record sales but highlighted rising costs.
Read moreWise reports strong first half
6th Nov 2024 07:50
(Sharecast News) - Wise reported a strong first-half financial performance on Wednesday, with revenue up 19% to £591.9m, and underlying income reaching £662.4m.
Read morePrudential posts rise in Q3 new business profit
6th Nov 2024 07:48
(Sharecast News) - Prudential reported an 11% increase in new business profit to $2.35bn for the first nine months of the year on Wednesday, buoyed by its multi-channel distribution strategy and strong geographic diversity.
Read moreLondon pre-open: Stocks seen up as Trump on course to win US presidential race
6th Nov 2024 07:40
(Sharecast News) - London stocks looked set to gain at the open on Wednesday as Donald Trump was on course to win the US presidential race.
Read moreLondon pre-open: Stocks seen up as Trump on course to win US presidential race
6th Nov 2024 07:40
(Sharecast News) - London stocks looked set to gain at the open on Wednesday as Donald Trump was on course to win the US presidential race.
Read moreBeazley expects up to $175m hit from Helene and Milton hurricanes
6th Nov 2024 07:37
(Sharecast News) - Insurance group Beazley has reiterated its profitability guidance for the full year after a solid third quarter, as it estimated a hit of up to $175m from Hurricanes Helene and Milton.
Read morePersimmon on track after solid third quarter as demand improves
6th Nov 2024 07:36
(Sharecast News) - Housebuilder Persimmon said it is on track to hit full-year targets for housing completions this year after an in-line third-quarter performance, with demand helped by improvements in customer sentiment as interest rates begin to reduce and affordability improves.
Read moreWednesday newspaper round-up: Eurostar, Asda, jobless rate
6th Nov 2024 07:27
(Sharecast News) - Cross-channel train operator Eurostar has been criticised by the advertising watchdog for exaggerating the number of £39 seats on sale. The Advertising Standards Authority (ASA) ruled that Eurostar ads across Instagram and Facebook for £39 tickets from London to Amsterdam and Brussels were misleading, the second time it has censured its ads this year. - Guardian
Read moreUniCredit, Commerzbank deliver contrasting quarters amid tie-up chatter
6th Nov 2024 07:21
(Sharecast News) - Italian bank UniCredit and Germany's Commerzbank delivered contrasting third-quarter earnings on Wednesday as UniCredit pursued an increased stake in Commerzbank, potentially setting the stage for one of Europe's largest banking mergers in over a decade.
Read moreMarks & Spencer first-half profits beat expectations
6th Nov 2024 07:20
(Sharecast News) - Marks & Spencer reported better-than-expected first-half profits on Wednesday as it said the food and clothing segments have now delivered market share growth for four consecutive years.
Read moreUS close: Stocks jump despite election uncertainty as voting roll in
5th Nov 2024 22:22
(Sharecast News) - Traders were in a bullish mood despite ongoing uncertainty surrounding the outcome of the US presidential elections, with all three Wall Street benchmark indices rising by 1% or more.
Read moreNintendo lowers forecasts amid diminishing Switch sales
5th Nov 2024 17:31
(Sharecast News) - Nintendo lowered its profit and sales forecasts for the year ending next March on Tuesday, reflecting diminishing demand for its seven-year-old Switch console.
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