News Archive
Weak customer demand dents Macfarlane Q1 profits, sales
7th May 2024 08:09
(Sharecast News) - Macfarlane slumped on Tuesday as the packaging supplier backed its full-year expectations but said sales and profits in the first quarter were below the same period a year earlier amid weak customer demand.
Read moreOctopus Energy valuation tops £7bn - report
7th May 2024 08:05
(Sharecast News) - Octopus Energy has been valued at more than £7bn, it was reported on Tuesday, after two investors upped their stakes in the UK supplier.
Read moreEurope open: Shares in strong start as UBS shines on return to profit
7th May 2024 08:01
(Sharecast News) - European markets made a bright start to Tuesday amid more earnings reports with UBS shares up on strong first-quarter results.
Read moreLondon open: Stocks rally as investors mull retail sales, house prices
7th May 2024 07:56
(Sharecast News) - London stocks rallied in early trade on Tuesday following solid gains on Wall Street and in Asia, as investors mulled the latest data on house prices and retail sales.
Read moreZalando returns to growth, shares spark
7th May 2024 07:54
(Sharecast News) - Zalando reiterated its full-year outlook on Tuesday after the German online-only retailer posted an uptick in first-quarter volumes and swung back into the back.
Read moreGerman exports rise 0.9% in March
7th May 2024 07:46
(Sharecast News) - Germany on Tuesday reported an unexpected 0.9% rise in exports in March compared with the previous month, according to official data.
Read moreLondon pre-open: FTSE called higher after solid European, US sessions
7th May 2024 07:41
(Sharecast News) - London stocks were set to rise at the open on Tuesday as investors play catch up following positive sessions in Europe and the US on Monday.
Read moreApax IX Fund offloads stake in Healthium
7th May 2024 07:37
(Sharecast News) - An affiliate of the Apax IX Fund, in which Apax Global Alpha is a limited partner, has sold its controlling interest in Healthium MedTech, an India-based medical devices firm.
Read moreRBA leaves rates unchanged despite slow inflation fall
7th May 2024 07:29
(Sharecast News) - Australia's central bank left interest rates unchanged on Tuesday despite a slower-than-expected fall in inflation.
Read moreFerrexpo reports rise in volumes amid Ukraine legal case
7th May 2024 07:23
(Sharecast News) - Ferrexpo reported a notable rise in production and sales volumes for the first quarter at its Ukraine subsidiary, Ferrexpo Poltava Mining (FPM), on Tuesday.
Read moreUK new car registrations rise for 21st month in a row
7th May 2024 07:19
(Sharecast News) - UK new car sales rose for the 21st month in a row in April, according to the Society of Motor Manufacturers and Traders, driven by increased demand for fleet vehicles.
Read moreTuesday newspaper round-up: House prices, employers, Wayve
7th May 2024 07:16
(Sharecast News) - Universal Music Group could become the latest company to face an embarrassing shareholder revolt this AGM season, after an influential advisory firm urged investors to reject an "excessive" €139m (£119m) payout for its chief executive, Lucian Grainge. Glass Lewis said it had "severe reservations" about supporting the Dutch-American music company's pay decisions, which included a €92m share-based bonus for its British-born CEO that easily made up for a 51% cut in his salary, to €7.5m. - Guardian
Read moreHouse prices return to growth in April - Halifax
7th May 2024 07:12
(Sharecast News) - UK house prices returned to growth in April, with the housing market "finding its feet in an era of higher interest rates", according to data released on Tuesday by Halifax.
Read moreBP in $1.75bn buyback as Q1 profits fall on weaker prices, margins
7th May 2024 07:02
(Sharecast News) - BP reported a worse-than-expected fall in first-quarter profit on the back of lower oil and gas prices, an outage at a US refinery and "significantly weaker" fuels margins as it also started a $1.75bn share buyback.
Read moreUK April retail sales hit by wet weather, early Easter - BRC
7th May 2024 00:47
(Sharecast News) - UK total retail sales fell 4% year on year in the April as wet spring weather deterred shoppers, despite businesses offering hefty discounts in an attempt to entice customers into stores, according to a survey published on Tuesday.
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