News Archive
RBC Capital downgrades Alpha FMC after share price surge
2nd May 2024 07:58
(Sharecast News) - RBC Capital Markets downgraded Alpha Financial Markets on Thursday to 'sector perform' from 'outperform' following the surge in the share price a day earlier after the financial services consultancy confirmed it had been approached by two parties about a possible takeover.
Read moreTI Fluid Systems holds FY guidance as sales fall in line with forecasts
2nd May 2024 07:57
(Sharecast News) - Fluid engineering specialist TI Fluid Systems held guidance after first-quarter revenues fell 0.4%, in line with expectations to €847m.
Read moreWizz Air April passenger numbers hit by engine recall, early Easter
2nd May 2024 07:47
(Sharecast News) - Hungary-based Wizz Air reported a fall in passenger numbers in April after it was forced to ground some aircraft for engine replacement.
Read moreAstraZeneca reports positive results from blood cancer drug trial
2nd May 2024 07:45
(Sharecast News) - AstraZeneca has reported positive results from the use of its Calquence drug in a clinical trial to treat a rare type of blood cancer.
Read moreStandard Chartered posts jump in Q1 profits
2nd May 2024 07:41
(Sharecast News) - Standard Chartered backed its full-year guidance on Thursday and posted a jump in first-quarter profit as it continued to benefit from higher interest rates.
Read moreLondon pre-open: Stocks seen up amid corporate deluge
2nd May 2024 07:28
(Sharecast News) - London stocks were set to rise at the open on Thursday as investors braced for a barrage of corporate news, including results from Shell and Standard Chartered.
Read moreRevolution Bars confirms takeover talks with Nightcap
2nd May 2024 07:26
(Sharecast News) - Revolution Bars confirmed on Thursday that it has held "an exploratory meeting" with Piano Works owner Nightcap about a range of possible transactions, including a potential takeover.
Read moreThursday newspaper round-up: Online gamblers, PwC, London taxi drivers
2nd May 2024 07:20
(Sharecast News) - Online gamblers who lose £500 or more a month are to face extra checks from August, the regulator has confirmed, as part of a large package of measures aimed at protecting the most vulnerable customers. The extra checks come in from 30 August, and the threshold for qualifying will fall to £150 of online betting losses a month from 28 February next year, the Gambling Commission said. - Guardian
Read moreEngine sales drive Q1 growth at Melrose
2nd May 2024 07:20
(Sharecast News) - Aerospace tech group Melrose reported a strong start to the year with its Engines division driving group revenues higher, as it reiterated recently upgraded guidance for the full year.
Read moreCo-op Bank transformation plan 'materially complete' ahead of agreed merger
2nd May 2024 07:15
(Sharecast News) - The Co-operative Bank said on Thursday that its transformation plan was "materially complete" ahead of its agreed merger with Coventry Building Society.
Read moreSmurfit Kappa reports 'very strong' first quarter
2nd May 2024 07:14
(Sharecast News) - Smurfit Kappa Group reported robust first-quarter revenue of €2.7bn in an update on Thursday, alongside EBITDA of €487m, making for an EBITDA margin of 18.0%.
Read moreSpectris reports Q1 sales drop but sees outlook improving
2nd May 2024 07:04
(Sharecast News) - Precision measurement group Spectris has kept its projections for 2024 unchanged despite a "softer-than-anticipated" first quarter, with sales falling against a strong comparative period last year.
Read moreShell Q1 beats estimates as profit hits $7.7bn, launches $3.5bn buyback
2nd May 2024 07:04
(Sharecast News) - Oil and gas giant Shell on Thursday reported much better-than-expected first-quarter earnings on the back of higher margins from crude and oil products trading and also unveiled a new $3.5bn share buyback.
Read moreUS close: Stocks fall after Fed comments, strong jobs data
1st May 2024 22:15
(Sharecast News) - US stock markets finished mostly lower on Wednesday after the Federal Reserve highlighted a "lack of further progress" in bringing inflation down to its 2% target, while data showed private job gains were stronger than expected.
Read moreSector movers: Oil, Autos drag on FTSE 350
1st May 2024 18:30
(Sharecast News) - Weakness in the oil patch and among select cyclicals dragged on the FTSE 350 in the middle of the week.
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