News Archive
Ferrexpo swings to FY loss on legal provision
18th Apr 2024 08:07
(Sharecast News) - Iron ore pellet maker Ferrexpo swung to a full-year loss as a $131million provision for a legal dispute involving its Ukrainian unit hit the bottom line.
Read moreVolex FY results seen ahead of market expectations
18th Apr 2024 08:05
(Sharecast News) - Critical power and data transmission products manufacturer Volex said on Thursday that its full-year performance was seen ahead of market expectations as "strong organic growth" was driven by its " attractive positions" in diversified end markets.
Read moreDunelm shares hit by Q3 sales slowdown
18th Apr 2024 07:56
(Sharecast News) - Dunelm shares dropped 5% on Thursday after the homewares retailer reported a slowdown in sales growth in its third quarter due to "volatile" trading conditions.
Read moreCentamin reiterates 2024 cost and output guidance
18th Apr 2024 07:45
(Sharecast News) - Centamin reported a temporary slight decline in production and higher unit costs, but reaffirmed its full-year cost and output guidance.
Read moreHipgnosis faces $1.4bn takeover by Concord Chorus
18th Apr 2024 07:41
(Sharecast News) - Shares in troubled Hipgnosis Songs Fund rocketed by a third on Thursday after the music rights investor said it had agreed a $1.4bn takeover by US-based Concord Chorus, a music and theatrical rights firm, in attempt to end months of infighting over the company's leadership and secure its future.
Read moreNational Grid raises underlying EPS guidance on accounting change
18th Apr 2024 07:39
(Sharecast News) - National Grid has lifted its profit guidance for the year to 31 March after an accounting change due to a tax relief change announced by the government.
Read moreDiscoverIE FY sales up 1%, sees earnings in line with guidance
18th Apr 2024 07:29
(Sharecast News) - Electronics specialist DiscoverIE said group sales for the year to March 31 were 1% ahead of last year on a constant currency basis, after two years of strong growth when the rose 48%.
Read moreLondon pre-open: Stocks seen higher in early deals
18th Apr 2024 07:18
(Sharecast News) - UK stocks are expected to open higher on Thursday as they continue to bounce back from a sharp sell-off earlier in the week on the back of escalating tensions in the Middle East and fading hopes of rate cuts by the Federal Reserve.
Read moreRentokil Initial reports more stable North America performance
18th Apr 2024 07:10
(Sharecast News) - Rentokil Initial reported revenue of £1.27bn in a first quarter update on Thursday, making for a 0.9% increase at actual exchange rates, while at constant exchange rates, revenue advanced 4.9% to £1.29b.
Read moreThursday newspaper round-up: Royal Mail, welfare bill, Boeing, Alstom, Federal Reserve
18th Apr 2024 07:08
(Sharecast News) - The Labour Party is open to the prospect of a takeover of the owner of Royal Mail by the struggling postal group's Czech billionaire investor, which is considering a renewed approach. EP Group, a conglomerate controlled by Daniel Kretinsky, revealed on Tuesday that it had made a "non-binding indicative proposal" to the board of International Distributions Services (IDS), Royal Mail's parent company, on April 9 seeking its recommendation for a possible cash offer for the remainder of the shares it does not already own. - The Times
Read moreUS close: S&P 500, Nasdaq hit two-month lows as rate-cut hopes sink
17th Apr 2024 22:34
(Sharecast News) - US stocks declined on Wednesday, with the S&P 500 and Nasdaq both hitting two-month lows, as investors significantly scaled back their projections for interest-rate cuts.
Read moreSector movers: Industrial miners pace gains
17th Apr 2024 20:07
(Sharecast News) - Industrial miners led gains on the FTSE 350 in the middle of the week as risk aversion waned.
Read moreEurope close: Stocks end higher but off best levels
17th Apr 2024 16:44
(Sharecast News) - European shares rebounded on Wednesday after a major sell-off a day earlier.
Read moreLondon close: Stocks mixed as bargain hunters pick over FTSE 100
17th Apr 2024 16:34
(Sharecast News) - London stocks showed a mixed performance by the close on Wednesday, with the top-flight index in the green as investors hunted for bargains after its four-week low on Tuesday.
Read moreFTSE 100 movers: Miners shine; Utilities slide
17th Apr 2024 15:44
(Sharecast News) - FTSE 100 (UKX) 7,866.79 0.59%
Read more