News Archive

Future appoints ITV Studios' Sharjeel Suleman as CFO

3rd May 2024 07:32

(Sharecast News) - Media group Future said on Friday that it has appointed Sharjeel Suleman as chief financial officer.

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London pre-open; Stocks seen up as investors eye payrolls

3rd May 2024 07:31

(Sharecast News) - London stocks were set for a firmer open on Friday following a positive session on Wall Street, as investors eyed the latest US non-farm payrolls report.

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Friday newspaper round-up: Paramount Global, Apple, Coutts

3rd May 2024 07:25

(Sharecast News) - Paramount Global's share price soared on Thursday following a report that Sony Pictures and Apollo Global Management had made a $26bn offer for the troubled media giant. According to the Wall Street Journal, the offer was made on Wednesday by Sony's chief executive, Tony Vinciquerra, and Aaron Sobel, a partner at Apollo. Paramount's shares rose 12% on the news. - Guardian

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Diageo replaces CFO after three years

3rd May 2024 07:20

(Sharecast News) - Drinks group Diageo has announced that it is replacing its chief financial officer with the head of finance from Coca-Cola Europacific Partners, as it says goodbye to Lavanya Chandrashekar after three years on the board.

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Mondi earnings in line as market conditions improve

3rd May 2024 07:20

(Sharecast News) - Paper and packaging company Mondi reported improved market conditions in its first quarter on Friday, resulting in stronger order books and increased sales volumes across a range of paper grades compared to the prior quarter.

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IHG sees RevPAR growth slow in Q1

3rd May 2024 07:12

(Sharecast News) - Hotels giant InterContinental Hotels Group reported a substantial easing in revenue per available room (RevPAR) growth in the first quarter as weakness in the Americas and a big slowdown in China limited progress.

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Trainline profits surge on competition in Italy Spain

3rd May 2024 07:03

(Sharecast News) - Shares in online rail ticket platform Trainline surged on Friday as it reported better-than-expected revenue along with a sharp jump in annual sales and profits, driven by competition for passengers in Spain and Italy.

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US close: Tech stocks lead the surge

2nd May 2024 22:24

(Sharecast News) - US stocks rose strongly on Thursday with tech names leading the surge as investors continued to absorb comments from the Federal Reserve the previous session, who reassured that interest rates are unlikely to rise despite stickier-than-expected inflation.

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Director dealings: Breedon CEO raises stake

2nd May 2024 16:58

(Sharecast News) - Breedon Group revealed on Thursday that chief executive Rob Wood had acquired 10,909 ordinary shares in the FTSE 250-listed construction materials company.

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London close: Stocks rise on back of well-received earnings

2nd May 2024 16:07

(Sharecast News) - London's stocks finished with gains on Thursday, fuelled by strong performances from key players like Standard Chartered and Smurfit Kappa.

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Europe close: Stocks finish mostly lower as data disappoints

2nd May 2024 16:04

(Sharecast News) - European stock markets finished in mixed fashion on Thursday with the regional Stoxx 600 slipping into the red by the close as investors were met with weak economic data as they returned to their desks following the Labour Day holiday.

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Personal Group sustains momentum through first quarter

2nd May 2024 15:53

(Sharecast News) - Personal Group said in an update on Thursday that it had sustained positive momentum throughout the first quarter of the year, driven by enhancements in leadership and streamlined operational processes.

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Goldman Sachs to scrap bonus cap for UK dealmakers

2nd May 2024 15:43

(Sharecast News) - Goldman Sachs will remove a cap on bonuses for its London-based staff, according to Sky News, with the firm now set to resume making multi-million-pound payouts to its top-performing traders and dealmakers.

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Gazprom swings to $6.9bn loss as Europe sales plunge

2nd May 2024 15:25

(Sharecast News) - Russia's natural gas heavyweight Gazprom swung to huge loss in 2023 after sales to Europe dropped due to Western sanctions on Moscow.

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FTSE 100 movers: Smurfit shoots higher; Glencore goes ex-div

2nd May 2024 15:24

(Sharecast News) - London's FTSE 100 was up 0.6% at 8,173.17 in afternoon trade on Thursday.

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