News Archive

Berenberg slashes forecasts for Vistry after profit warning

9th Oct 2024 09:43

(Sharecast News) - Berenberg has slashed its target price for Vistry by more than a quarter after an unscheduled trading update and profit warning from the housebuilder this week.

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RBC Capital upgrades United Utilities, downgrades Pennon

9th Oct 2024 09:41

(Sharecast News) - RBC Capital Markets upgraded its stance on United Utilities on Wednesday, but downgraded Pennon as it took a look at UK water stocks.

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New Zealand central bank cuts interest rates by 50bp

9th Oct 2024 09:40

(Sharecast News) - New Zealand's central bank has cut interest rates by 50 basis points in an effort to steady inflation and gave indications that more easing could follow, but stopped short of providing official guidance.

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Central Asia Metals maintains production guidance after slight declines

9th Oct 2024 09:36

(Sharecast News) - Central Asia Metals reported stable production results for the third quarter on Wednesday, from its Kounrad copper recovery plant in Kazakhstan and the Sasa zinc-lead mine in North Macedonia.

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Hammerson upbeat on completion of refinancing transactions

9th Oct 2024 09:02

(Sharecast News) - Hammerson announced on Wednesday that it has successfully completed a series of refinancing transactions aimed at supporting its long-term growth strategy.

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Life Science REIT secures fresh five-year lease from Pro Cam

9th Oct 2024 08:58

(Sharecast News) - Life Science REIT announced on Wednesday that Pro Cam UK, an agri-tech business, has signed an agreement for a five-year lease at Cambourne Park Science & Technology Campus.

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1Spatial inks 'significant' contract with US Forest Service

9th Oct 2024 08:56

(Sharecast News) - Software and solutions provider 1Spatial said on Wednesday that has inked a "significant" $1.4m contract with the US Forest Service.

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Asia report: Chinese markets plunge on mixed day for region

9th Oct 2024 08:56

(Sharecast News) - Asia-Pacific markets saw a mixed performance on Wednesday, with Chinese stocks snapping a 10-day winning streak amid a volatile trading session.

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Carr's trading in line as restructuring works continue

9th Oct 2024 08:08

(Sharecast News) - Agriculture and engineering group Carr's has announced that its performance over the most recent fiscal year has met expectations as the company continues to explore options for its engineering division.

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Informa updates strategy as it completes Ascential acquisition

9th Oct 2024 08:07

(Sharecast News) - Informa completed its acquisition of Ascential on Wednesday, with the transaction formally becoming effective following a court-sanctioned scheme of arrangement.

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Europe open: Shares flat as China volatility hits sentiment

9th Oct 2024 08:06

(Sharecast News) - European shares were hovering around the flatline at the open on Wednesday after China markets came back to earth with a bump amid worries over the lack of follow-through on Beijing's stimulus measures.

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London open: Stocks recover after Tuesday's losses; Mondi jumps

9th Oct 2024 08:00

(Sharecast News) - London stocks rose in early trade on Wednesday, recovering from heavy losses in the previous session.

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Marston's LFL sales growth outperforms market, net debt reduced

9th Oct 2024 07:59

(Sharecast News) - Pub group Marston's said on Wednesday that full-year like-for-like sales outperformed the market and that it had significantly reduced debt.

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German trade surplus jumps as exports unexpectedly rise

9th Oct 2024 07:40

(Sharecast News) - Germany's trade surplus jumped by more than forecast in August as exports unexpectedly grew, according to figures from the Federal Statistical Office on Wednesday.

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London pre-open: Stocks seen up after Tuesday's losses

9th Oct 2024 07:39

(Sharecast News) - London stocks were set to rise at the open on Wednesday following heavy losses in the previous session.

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