News Archive
Passenger numbers soar at Heathrow
24th Apr 2024 07:45
(Sharecast News) - Heathrow posted an historic surge in passenger numbers on Wednesday, but warned that current government policies were "curtailing" the UK's competitiveness.
Read moreHaleon nabs finance chief from Tate & Lyle as CFO steps down
24th Apr 2024 07:41
(Sharecast News) - The chief financial officer of consumer health company Haleon is to step down after three years and will be replaced by Tate & Lyle's CFO Dawn Allen.
Read morePZ Cussons to sell St Tropez tanning brand, evaluating Africa options
24th Apr 2024 07:38
(Sharecast News) - PZ Cussons said on Wednesday that it was planning to sell the St Tropez tanning brand and is reviewing its operations in Africa, as it backed its profit outlook for 2024.
Read moreBunzl Q1 revenues fall on weaker US volumes, customer destocking
24th Apr 2024 07:32
(Sharecast News) - International distribution and services group Bunzl said revenue in the first quarter fell 2.4% on a constant currency basis, driven by lower volumes in its US foodservice redistribution business, American retail customers clearing inventory and deflation.
Read moreLondon pre-open: Stocks to extend rally as Footsie eyes another record
24th Apr 2024 07:23
(Sharecast News) - UK stocks are expected to rise for the sixth straight day on Wednesday, with futures pointing to a third consecutive record for the FTSE 100.
Read moreReckitt on track to deliver FY targets as Q1 LFL sales rise
24th Apr 2024 07:07
(Sharecast News) - Consumer goods giant Reckitt Benckiser said on Wednesday that it was on track to deliver its full-year revenue and profit targets as it posted a rise in first-quarter like-for-like net sales.
Read moreHochschild reports solid production progress in first quarter
24th Apr 2024 07:06
(Sharecast News) - Precious metals miner Hochschild Mining said in an update on Wednesday that it extracted 45,937 ounces of gold and two million ounces of silver in its first quarter, totaling 69,758 gold equivalent ounces and 5.8 million silver equivalent ounces.
Read moreLloyds Bank holds guidance as Q1 profit falls £28%
24th Apr 2024 07:02
(Sharecast News) - Lloyds Bank held annual guidance despite a 28% fall in first-quarter profits due to lower net interest income and higher operating expenses, as competition for mortgages and savings squeezed margins.
Read moreWednesday newspaper round-up: UK banks, Tesla, KPMG
24th Apr 2024 06:48
(Sharecast News) - UK banks are leaving themselves open to "severe, unexpected losses", by failing to properly measure how exposed they are to the $8tn private equity industry, the Bank of England has warned. In a speech on Tuesday, Rebecca Jackson, a senior executive at the central bank, said there was a "creeping sense of complacency" among lenders, who - despite a boom in loans and financing to the sector - had almost no ability to put together data "or even appreciate its crucial importance". - Guardian
Read moreUS close: Stocks higher as traders thumb over Q1 earnings
23rd Apr 2024 23:03
(Sharecast News) - Wall Street stocks closed higher on Tuesday as corporate earnings began to roll in from a number of the nation's biggest firms.
Read moreLondon close: Footsie hits another record, but BoE comments limit gains
23rd Apr 2024 16:55
(Sharecast News) - A weak performance from the heavyweight mining sector wasn't enough to stop the FTSE 100 from reaching a new record high on Tuesday, as London's blue-chip index rose for the fifth straight day.
Read moreFirst rate cut still some way off, BoE's Pill says
23rd Apr 2024 16:31
(Sharecast News) - The Bank of England's first interest rate cut of the current cycle remains some way off, its chief economist said.
Read moreFirst rate cut still some way off, BoE's Pill says
23rd Apr 2024 16:31
(Sharecast News) - The Bank of England's first interest rate cut of the current cycle remains some way off, its chief economist said.
Read moreBroker tips: HSMC, Reckitt Benckisser, Watches of Switzerland
23rd Apr 2024 16:10
(Sharecast News) - Citi said on Tuesday that it remains 'overweight' UK banks, with HSBC one of its top picks.
Read moreDirector dealings: Porvair CFO raises stake
23rd Apr 2024 16:03
(Sharecast News) - Porvair revealed on Tuesday that chief financial officer James Mill had acquired 4,250 ordinary shares in the London-listed filtration and environmental technology group.
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