News Archive

Europe open: Shares down on cautious response to Fed, EZ survey

2nd May 2024 09:38

(Sharecast News) - European shares fell in early trade on Thursday as weak manufacturing survey data dampened sentiment as traders returned from the May Day holiday.

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International Personal Finance posts solid first quarter

2nd May 2024 09:38

(Sharecast News) - International Personal Finance announced a solid first-quarter performance on Thursday, with customer lending rising 5% excluding Poland, with demand steadily improving as the quarter progressed.

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Capita names new CFO

2nd May 2024 09:38

(Sharecast News) - Business process services group Capita revealed on Thursday chief financial officer Tim Weller has signalled his intention to retire from the company in August.

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Novo Nordisk posts Q1 beat on strength of weight-loss drug

2nd May 2024 09:22

(Sharecast News) - Danish pharmaceutical superstar Novo Nordisk beat first-quarter profit projections, it reported on Thursday, as demand for its blockbuster weight-loss drugs soared.

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Endeavour Mining's Q1 profits drop but guidance unchanged

2nd May 2024 08:59

(Sharecast News) - Gold miner Endeavour Mining on Thursday reported a drop in production and selling volumes in the first quarter, along with a big jump in costs, though adjusted profits came in line with expectations.

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Morgan Sindall reiterates full-year outlook

2nd May 2024 08:58

(Sharecast News) - Morgan Sindall reiterated its full-year outlook on Thursday, on the back of solid trading at the start of the year.

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Apax Global Q1 hit by poor performance at Vyaire

2nd May 2024 08:54

(Sharecast News) - Apax Global Alpha reported lower net asset value and took a €24m writedown across its private equity and debt portfolios after a poor performance at Vyaire Medical.

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Grafton revenues fall amid market weakness

2nd May 2024 08:42

(Sharecast News) - Grafton Group reported a 5% decrease in year-to-date revenue in an update on Thursday, to £669.2m for the period from 1 January to 21 April, with a 3.3% decline in constant currency.

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London open: Stocks rise as StanChart, Smurfit rally

2nd May 2024 08:27

(Sharecast News) - London stocks rose in early trade on Thursday, helped along by solid performances from the likes of Standard Chartered and Smurfit Kappa, as investors mulled the latest policy announcement from the Federal Reserve.

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Reach shares rally as optimistic guidance offsets revenue decline

2nd May 2024 08:23

(Sharecast News) - Shares in publishing firm Reach rallied early on Thursday as optimistic guidance helped offset news of a decline in first-quarter revenues.

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Lancashire reports robust first quarter, makes executive appointment

2nd May 2024 08:19

(Sharecast News) - Specialist insurer and reinsurer Lancashire Holdings reported a robust first-quarter performance in an update on Thursday, as it also announced the appointment of Paul Gregory as an executive director.

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UK retail footfall falls sharply in April

2nd May 2024 08:16

(Sharecast News) - Retail footfall fell sharply in April, industry data showed on Friday, hit by poor weather and the early timing of Easter.

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Hiscox Q1 written premiums underpinned by Retail growth

2nd May 2024 08:11

(Sharecast News) - Hiscox reported a rise in first-quarter written premiums on Thursday as it benefited from accelerated growth in the retail segment.

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Diploma acquires PAR Group for £38m

2nd May 2024 08:11

(Sharecast News) - Distribution company Diploma announced the acquisition of PAR Group on Thursday for £38m.

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RHI Magnesita reports subdued Q1, but outlook unchanged

2nd May 2024 08:04

(Sharecast News) - Refractory products group RHI Magnesita reported subdued customer demand in the first quarter but said that the outlook for 2024 remains in line with expectations.

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