News Archive
CMA says Vodafone-Three merger could proceed with remedies
5th Nov 2024 09:17
(Sharecast News) - The Competition and Markets Authority (CMA) provisionally indicated that the proposed merger between Vodafone and Three could move forward on Tuesday, if the companies implemented significant network investments and customer safeguards.
Read moreRBA holds rates as inflationary pressures persist
5th Nov 2024 09:08
(Sharecast News) - The Reserve Bank of Australia (RBA) held its cash rate steady at 4.35% for an eighth consecutive meeting on Tuesday, maintaining restrictive monetary policy as it continued to battle persistently high inflation.
Read moreMorgan Advanced Materials lowers outlook, launches £40m buyback
5th Nov 2024 08:57
(Sharecast News) - Morgan Advanced Materials reported a 3.8% rise in organic sales for the first nine months of 2024 on Tuesday, driven primarily by strong demand in its performance carbon segment, which saw a 12.6% increase.
Read moreRBC Capital adds 'speculative risk' qualifier to Close Brothers rating
5th Nov 2024 08:55
(Sharecast News) - RBC Capital Markets cut its price target on shares of Close Brothers on Tuesday to 425p from 435p and added a "speculative risk" qualifier to its rating as it assessed the impact of premium finance.
Read moreEurope open: Gains limited as investors await US election news
5th Nov 2024 08:47
(Sharecast News) - European stocks opened higher on Tuesday morning, though gains were only mild as investors refrained from taking on too much risk ahead of the US elections, which have the potential to cause some big swings across global financial markets in the coming days.
Read moreLondon open: FTSE nudges up as investors eye US election
5th Nov 2024 08:33
(Sharecast News) - London stocks were just a smidgen higher in early trade on Tuesday, with investors erring on the side of caution as Americans headed to the polls.
Read moreTP ICAP posts record third-quarter revenue
5th Nov 2024 08:18
(Sharecast News) - Interdealer broker TP ICAP reported record third-quarter revenue on Tuesday following strong performances in its Global Broking and Liquidnet businesses.
Read moreWeir reaffirms guidance after strong third quarter
5th Nov 2024 08:04
(Sharecast News) - Weir Group reaffirmed its full-year guidance after reporting a robust third-quarter performance on Tuesday, citing increased demand in both greenfield and brownfield mining projects.
Read moreChina's services sector grows more than expected - Caixin
5th Nov 2024 08:00
(Sharecast News) - Activity in China's services sector picked up more than expected in October, according to a survey released on Tuesday.
Read moreAB Foods FY profits jump, special dividend declared
5th Nov 2024 07:53
(Sharecast News) - Primark owner Associated British Foods posted a 33% jump in full-year adjusted pre-tax profit on Tuesday, with revenue growth in both the retail and food businesses, as it announced a special dividend.
Read moreLondon pre-open: Stocks seen lower as Americans head to the polls
5th Nov 2024 07:37
(Sharecast News) - London stocks were set to fall at the open on Tuesday as Americans headed to the polls.
Read moreTuesday newspaper round-up: Oasis fans, house prices, Future
5th Nov 2024 07:30
(Sharecast News) - The $1m-a-day voter sweepstakes that Elon Musk's political action committee is hosting in swing states can continue through Tuesday's presidential election, a Pennsylvania judge ruled on Monday. The common pleas court judge Angelo Foglietta - ruling after Musk's lawyers said the winners are not chosen by chance - did not immediately give a reason for the ruling. - Guardian
Read moreHugo Boss reaffirms 2024 guidance, Asia challenges linger
5th Nov 2024 07:26
(Sharecast News) - Hugo Boss reaffirmed its full-year guidance for 2024 after reporting modest revenue growth in the third quarter, with a 1% increase year-to-date, although challenges in the luxury market meant it was unlikely to meet its 2025 targets.
Read moreAsos FY losses widen but outlook upbeat
5th Nov 2024 07:24
(Sharecast News) - Online fashion retailer Asos reported a widening of its full-year losses on Tuesday as revenue slumped but insisted that things were looking up after two years implementing its transformation plan.
Read moreSchroders reports record AuM despite some challenges
5th Nov 2024 07:18
(Sharecast News) - Schroders reported a record high in assets under management on Tuesday, reaching £777.4bn as of 30 September, although large third-quarter outflows took the shine off the news.
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