News Archive

RBC Capital Markets lowers 3i Group to 'sector perform'

4th Nov 2024 09:13

(Sharecast News) - Analysts at RBC Capital Markets downgraded 3i Group from 'outperform' to 'sector perform' on Monday, citing valuation grounds.

Read more

Jefferies cuts Smith & Nephew target but stays optimistic

4th Nov 2024 09:07

(Sharecast News) - Jefferies has slashed its target price for medical devices maker Smith & Nephew from 1,400p to 1,250p after challenges in China weighed heavily on third-quarter results.

Read more

Eurozone manufacturing decline eases as PMI hits five-month high

4th Nov 2024 09:06

(Sharecast News) - The ongoing deterioration of the eurozone manufacturing sector continued for the 28th straight month in October, though the decline eased slightly, according to a survey from S&P Global and Hamburg Commercial Bank (HCOB).

Read more

Asia report: Markets rise ahead of US election, China legislative session

4th Nov 2024 09:03

(Sharecast News) - Asia-Pacific markets rallied on Monday as investors awaited key developments in the United States and China.

Read more

AFC Energy ends year ahead of expectations

4th Nov 2024 09:03

(Sharecast News) - AFC Energy reported solid trading for the financial year just ended on Monday, underscoring growth in its hydrogen power solutions and expanding presence in the Middle East.

Read more

Moncler said to consider bid for Burberry, shares rally

4th Nov 2024 08:57

(Sharecast News) - Burberry shares shot higher on Monday after online fashion publication Miss Tweed suggested over the weekend that Italy's Moncler could be considering a bid for the luxury fashion brand.

Read more

London open: Stocks gain as investors eye US election, rate announcements

4th Nov 2024 08:07

(Sharecast News) - London stocks rose in early trade on Monday as investors eyed a busy week that includes the US presidential election and policy announcements in the UK and across the pond.

Read more

RBC Capital ups Frasers Group to 'outperform'

4th Nov 2024 08:06

(Sharecast News) - RBC Capital Markets upgraded Frasers Group on Monday to 'outperform' from 'sector perform' with a 'speculative risk' qualifier.

Read more

DP Poland sales rise YTD

4th Nov 2024 08:02

(Sharecast News) - Eastern European pizza restaurant operator DP Poland said on Monday that sales had risen in the nine months ended 30 September.

Read more

Europe open: Markets rangebound as investors gear up for US election risk

4th Nov 2024 07:58

(Sharecast News) - European stocks were mixed on Monday morning as investors sat on their hands ahead of a number of monumental risk events in the coming days which could decide the future trajectory for markets in the coming months.

Read more

Wizz Air reports rise in October traffic, seat capacity

4th Nov 2024 07:55

(Sharecast News) - Wizz Air reported a 4.1% jump in passenger numbers for October on Monday, and an uptick in the load factor.

Read more

London pre-open: Stocks seen flat ahead of US election

4th Nov 2024 07:35

(Sharecast News) - London stocks were set for a flat open on Monday as all eyes turned to the US election on Tuesday and policy announcements in the UK and the US this week.

Read more

Kosmos Energy's Q3 profits slump as prices drop

4th Nov 2024 07:34

(Sharecast News) - American upstream oil explorer Kosmos Energy has held on to its full-year production guidance after a solid third quarter, though revenues and profits for the period were significantly lower than last year as oil prices slumped.

Read more

Ryanair cuts traffic forecast as H1 profits drop

4th Nov 2024 07:28

(Sharecast News) - Ryanair cut its full-year traffic forecast on Monday and reported a drop in first-half profits, as it took a hit from lower fares and Boeing delays.

Read more

Monday newspaper round-up: Four-day week, UK energy, Apple

4th Nov 2024 07:27

(Sharecast News) - Fraudsters may have stolen £500,000 from a taxpayer-funded scheme aimed at accelerating the removal of dangerous cladding from buildings, the public spending watchdog has revealed. The National Audit Office said the government decision to prioritise speed in handing out money to building owners had increased its risk of losses from fraud. The warning came in an NAO report into the government's progress in remediating dangerous cladding from blocks after the Grenfell Tower fire in 2017. - Guardian

Read more