News Archive

Sosandar signs licensing agreement with Next for homeware range

5th Nov 2024 12:31

(Sharecast News) - AIM-listed fashion brand Sosandar said on Tuesday that it has signed a licensing agreement with Next for a homeware range.

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Broker tips: Water companies, Close Bros, Melrose

5th Nov 2024 12:29

(Sharecast News) - UK water companies were on the rise on Tuesday as Citi and JPMorgan Cazenove struck a positive note on the outlook ahead of Ofwat's Final Determinations next month.

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Saudi Aramco sees Q3 profits drop 15%

5th Nov 2024 12:06

(Sharecast News) - State-owned oil major Saudi Aramco saw profits drop 15% in the third quarter as lower refining margins and crude prices weighed on the bottom line.

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Europe midday: Markets flat ahead of US elections as earnings disappoint

5th Nov 2024 11:46

(Sharecast News) - European stocks were flat by Tuesday lunchtime, with markets across the continent rangebound as investors brace for news from the US presidential election later on, while a barrage of disappointing corporate earnings weighed on sentiment.

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London midday: FTSE higher but gains muted ahead of US election

5th Nov 2024 10:59

(Sharecast News) - London stocks had pushed a little higher by midday on Tuesday, but gains were unspectacular as investors erred on the side of caution as Americans headed to the polls.

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UK water companies rally as Citi, JPM optimistic on outlook

5th Nov 2024 10:31

(Sharecast News) - UK water companies were on the rise on Tuesday as Citi and JPMorgan Cazenove struck a positive note on the outlook ahead of Ofwat's Final Determinations next month.

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US pre-open: Subdued start expected as markets brace for election volatility

5th Nov 2024 10:18

(Sharecast News) - US stock futures were inching higher on Tuesday, though gains were likely to be limited as investors scaled back their appetite for risk ahead of the presidential elections.

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Vestas Wind Systems shares tumble on Q3 profit miss

5th Nov 2024 10:13

(Sharecast News) - Shares in Vestas Wind Systems were tumbling on Tuesday, after it reported third-quarter revenue of €5.2bn, up 18.9% increase year-on-year, with a core operating profit of €235m, far short of the expected €352m.

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Asia report: Markets mixed as investors eye US election

5th Nov 2024 09:55

(Sharecast News) - Asia-Pacific markets closed in a mixed state on Tuesday as investors cautiously navigated global uncertainties surrounding the US presidential election and a potential interest rate decision by the Federal Reserve later in the week.

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Hilton Food hails strength across all geographies, says Q3 in line

5th Nov 2024 09:50

(Sharecast News) - Hilton Food said on Tuesday that it traded in line with management expectations in the third quarter, as it hailed a continued strong performance across all three geographical operating regions.

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IWG revenue growth underpinned by managed and franchised segment

5th Nov 2024 09:46

(Sharecast News) - International Workplace Group reported a 2% year-on-year revenue increase on a constant currency basis for the third quarter on Tuesday, alongside robust expansion in its managed and franchised segment, which achieved a 19% revenue rise.

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Balfour Beatty secures Texas highway upgrade contract

5th Nov 2024 09:38

(Sharecast News) - Balfour Beatty announced on Tuesday that it has secured a $746m (£575m) contract from the Texas Department of Transportation to rebuild a section of Interstate 35 through Austin.

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UK service-sector growth slows to 11-month low

5th Nov 2024 09:34

(Sharecast News) - Service-sector growth in the UK eased to its lowest level in nearly a year in October as heightened uncertainty ahead of the Autumn Budget delayed spending decisions, according to S&P Global.

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Smiths News beats full-year market expectations

5th Nov 2024 09:31

(Sharecast News) - Smiths News announced a strong set of full year results on Tuedsay, surpassing market expectations.

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TI Fluid Systems revenue falls in third quarter

5th Nov 2024 09:26

(Sharecast News) - TI Fluid Systems reported a 2.9% decline in revenue at constant currency for the first nine months of the year on Tuesday, citing reduced market volumes and economic headwinds in the third quarter, which alone saw a revenue drop of 5.9%.

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