News Archive

London midday: Stocks a touch firmer as investors eye Fed announcement

1st May 2024 11:22

(Sharecast News) - London stocks were just in the black by midday on Wednesday as investors mulled the latest UK manufacturing data and awaited a policy announcement from the US Federal Reserve.

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First-quarter earnings beat forecasts at Carlyle

1st May 2024 11:21

(Sharecast News) - The Carlyle Group reported an above-forecast jump in earnings on Wednesday, boosted by the sale of assets.

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Inspiration Healthcare shares hit record low as material export order remains outstanding

1st May 2024 10:30

(Sharecast News) - Medical technology provider Inspiration Healthcare Group shares hit a record low early on Wednesday as it said a material export order that was due at the end of January remains outstanding.

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Thursday preview: Euro area factory PMIs, StanChart in focus

1st May 2024 10:30

(Sharecast News) - Investors' attention on Thursday will be on a raft of factory sector purchasing managers' surveys due out in the euro area.

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Touchstone to snap up rival Trinity in £24m deal

1st May 2024 10:20

(Sharecast News) - Shares in Trinity Exploration & Production soared on Wednesday, after it agreed to be taken over by rival Touchstone Exploration.

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Altitude delivers 'another strong year' in FY24

1st May 2024 10:14

(Sharecast News) - Technology and information business Altitude Group said on Wednesday that it has experienced "another strong year of trading" as it delivered "a transformative entrance" into the Collegiate market.

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US pre-open: Futures trade lower following yesterday's heavy losses

1st May 2024 10:06

(Sharecast News) - Wall Street futures were in the red ahead of the bell on Wednesday as market participants awaited the outcome of the Federal Reserve's two-day policy meeting and digested more mega-cap earnings.

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Post Office appoints former Camelot boss as new chair

1st May 2024 10:05

(Sharecast News) - Nigel Railton, the former long-serving boss of National Lottery operator Camelot UK, has been appointed as the new chair of the Post Office, the government confirmed on Wednesday.

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Mulberry hit by downturn in luxury spending

1st May 2024 09:31

(Sharecast News) - Luxury handbag maker Mulberry struck a cautious tone on Wednesday as it reported a drop in full-year revenues, pointing to a downturn in luxury spending.

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Berenberg lowers target price on Videndum following FY results

1st May 2024 09:21

(Sharecast News) - Analysts at Berenberg lowered their target price on hardware and software manufacturer Videndum from 500.0p to 450.0p on Wednesday following the release of the group's full-year results on 23 April.

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Wickes reiterates full-year outlook despite sales slide

1st May 2024 09:17

(Sharecast News) - Wickes Group left its full-year outlook unchanged on Wednesday, despite "challenging" market conditions hitting sales in its design and installation business.

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Haleon makes 'solid start' to FY24

1st May 2024 09:10

(Sharecast News) - Consumer healthcare company Haleon said on Wednesday that it had made a "solid start to the year", posting better-than-expected Q1 profits despite seeing a fall in revenues.

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Regional REIT secures two new lettings

1st May 2024 08:46

(Sharecast News) - Regional REIT announced two new lettings at Bennett House in Stoke-on-Trent and Delta 1200 at Delta Business Park in Swindon on Wednesday.

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London open: FTSE edges higher ahead of Fed; Nationwide data in focus

1st May 2024 08:43

(Sharecast News) - London stocks edged up in early trade on Wednesday as investors eyed the latest UK manufacturing data and a policy announcement from the US Federal Reserve.

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Asia report: Stocks fall on quiet day for region

1st May 2024 08:43

(Sharecast News) - Markets in the Asia-Pacific region were in the red on a largely quiet Wednesday, ahead of the US Federal Reserve's rate decision due later in the global day.

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