News Archive
WH Smith on track for full year after 'good' first half
25th Apr 2024 07:31
(Sharecast News) - WH Smith said on Thursday that it was on track to deliver on expectations for the year after a "good" first half.
Read moreUnilever reiterates guidance after solid first quarter
25th Apr 2024 07:25
(Sharecast News) - Consumer products giant Unilever maintained its full-year guidance after a solid first quarter, which saw all five business divisions contributing to underlying sales growth.
Read moreSainsburys sees strong profit growth this year on food pivot
25th Apr 2024 07:18
(Sharecast News) - UK supermarket chain Sainsbury's said it expected to grow profits by 5-10% this year after delivering better-than-expected earnings for 2023/24.
Read moreGermany consumer sentiment picks up - GfK
25th Apr 2024 07:16
(Sharecast News) - German consumer sentiment has continued to strengthen, a closely-watched survey showed on Thursday.
Read moreLondon pre-open: Flat start expected as earnings flood in
25th Apr 2024 07:11
(Sharecast News) - UK stocks are expected to open flat on Thursday, holding close to the record highs seen earlier in the week, as investors digested a barrage of corporate earnings and awaited some key economic data.
Read morePPHE revenue rises as hotel markets normalise
25th Apr 2024 07:03
(Sharecast News) - PPHE Hotel Group reported first-quarter revenue of £77m in an update on Thursday, marking an impressive 11.9% year-on-year increase.
Read moreBarclays Q1 profits fall 12%
25th Apr 2024 07:01
(Sharecast News) - Barclays Bank reported a 12% fall in first-quarter profit on lower income as customers shopped around for better savings rates and mortgage deals.
Read moreThursday newspaper round-up: Matchesfashion, Burberry, Boeing
25th Apr 2024 06:44
(Sharecast News) - The UK competition watchdog has stepped up its scrutiny of big tech involvement in artificial intelligence startups, asking for comment on three deals by Microsoft and Amazon. The Competition and Markets Authority (CMA) announced that it was examining Microsoft's investment in the French firm Mistral and the hiring of the DeepMind co-founder Mustafa Suleyman as head of the US company's new AI division. The watchdog is also scrutinising Amazon's $4bn (£3.2bn) investment in the US AI firm Anthropic. - Guardian
Read moreAnglo American confirms takeover proposal from BHP
25th Apr 2024 06:39
(Sharecast News) - Anglo American surged on Thursday after it received an unsolicited non-binding and highly conditional £31.1bn all-share takeover proposal from Australia's BHP Group - a deal that would create the world's largest miner and copper producer.
Read moreSector movers: Higher Gilt yields hit cyclicals, interest rate sensitive names
24th Apr 2024 22:41
(Sharecast News) - Cyclicals and interest rate-sensitive areas of the market came under pressure in the middle of the week as longer-term Gilt yields continued moving higher.
Read moreUS close: Stocks finish flat as investors digest earnings, rising bond yields
24th Apr 2024 22:35
(Sharecast News) - US stocks finished broadly flat on Wednesday after a turbulent trading session, with eyes firmly fixed on corporate results as earnings season gets into full swing.
Read moreEurope close: Stocks dip taking cue from Wall Street
24th Apr 2024 18:39
(Sharecast News) - European shares recorded slight losses on Wednesday with investors seemingly taking their cue from a weak start to the session in the States amid the latest raft of company results.
Read moreFTSE 250 movers: Cussons shines on St Tropez sale plan; Mitie slumps on placing
24th Apr 2024 16:15
(Sharecast News) - FTSE 250 19,741.86 -0.29%
Read moreBroker tips: Star Energy, Microlise Group
24th Apr 2024 15:51
(Sharecast News) - Analysts at Canaccord Genuity raised their target price on oil and gas extraction firm Star Energy from 55.0p to 66.0p on Wednesday, taking account of new commodity assumptions.
Read moreDirector dealings: Yü Group director lowers stake
24th Apr 2024 15:43
(Sharecast News) - Yü Group revealed on Wednesday that senior independent director Anthony Perkins had disposed of 4,000 ordinary shares in the AIM-listed gas and electricity supplier.
Read more