News Archive

PepsiCo Q1 profit boosted by international performance

23rd Apr 2024 11:55

(Sharecast News) - US soft drinks and snack firm PepsiCo reported a rise in first-quarter earnings and sales on Tuesday, underpinned by a strong international performance.

Read more

US pre-open: Futures in the green as corporate earnings roll in

23rd Apr 2024 11:46

(Sharecast News) - Wall Street futures were in the green ahead of the bell on Tuesday as corporate earnings from a number of the nation's biggest firms began to roll in.

Read more

Baron Oil replaces chairman

23rd Apr 2024 11:45

(Sharecast News) - Exploration firm Baron Oil said on Tuesday the chairman John Wakefield has stepped down from the board as it made a series of changes to its governing structure.

Read more

Spotify Q1 revenues rise, but user numbers miss estimates

23rd Apr 2024 11:42

(Sharecast News) - Music streaming service Spotify missed its own active user estimates in the first quarter but reported a 20% rise in revenue.

Read more

London midday: FTSE 100 on track for another record as stocks rise

23rd Apr 2024 11:41

(Sharecast News) - London's FTSE 100 was on set for its second record in as many days on Tuesday, as easing concerns about the Middle East and a weaker pound gave market sentiment a boost.

Read more

Getech wins new contract with East Star

23rd Apr 2024 11:36

(Sharecast News) - Subsurface resources location company Getech has won a new contract with Kazakhstan-focussed copper exploration business East Star Resources.

Read more

Europe midday: Shares extend gains as EZ PMI boosts sentiment

23rd Apr 2024 11:24

(Sharecast News) - European shares surged ahead on Tuesday, with Britain's FTSE 100 index hitting a record high and upbeat survey data from the eurozone boosting sentiment.

Read more

Wednesday preview: US corporate results, Lloyds in the spotlight

23rd Apr 2024 10:43

(Sharecast News) - The market spotlight on Wednesday will be firmly on the U.S., as the latest quarterly results from the country's tech heavyweights continue to roll in.

Read more

RBC cuts Watches of Switzerland estimates on tough market dynamics

23rd Apr 2024 10:29

(Sharecast News) - RBC Capital Markets has slashed its target price for Watches of Switzerland Group ahead of its full-year trading update next month, projecting a "tough" luxury watch market.

Read more

88 Energy raising AUD 9.8m to strengthen balance sheet

23rd Apr 2024 10:21

(Sharecast News) - 88 Energy announced its intention to raise up to AUD 9.8m (£5.23m) on Tuesday, to strengthen its balance sheet and provide capital for ongoing projects.

Read more

Expanded use of Cosentyx drug sees Novartis raise expectations

23rd Apr 2024 10:03

(Sharecast News) - Swiss pharmaceutical giant Novartis raised its full-year guidance Tuesday after beating expectations in its first quarter.

Read more

RWS Holdings flags fall in first-half revenue

23rd Apr 2024 09:57

(Sharecast News) - Language, content and intellectual property technology firm RWS Holdings reported a 2% decline in organic constant currency revenue in a first-half trading update on Tuesday, showing an improving trend compared to the prior year.

Read more

Jefferies upgrades Reckitt Benckiser to 'hold'

23rd Apr 2024 09:54

(Sharecast News) - Jefferies upgraded Reckitt Benckiser to 'hold' from 'underperform' on Tuesday and lifted the price target to 4,400p from 4,100p.

Read more

AB Dynamics reports solid first-half growth

23rd Apr 2024 09:49

(Sharecast News) - Transport testing, simulation and measurement specialist AB Dynamics reported an 8% increase in first-half revenue on Tuesday, to £52.3m.

Read more

Renault's Q1 revenues held back by FX movements

23rd Apr 2024 09:47

(Sharecast News) - French carmaker Renault beat forecasts with its first-quarter results, though shares fell as sales from the automotive division were held back by currency movements.

Read more