News Archive
BT Group shares ripe for a re-rating, says JPMorgan
4th Apr 2024 11:56
(Sharecast News) - Shares of BT Group appear heavily undervalued and "ripe for a major re-rating", JPMorgan Cazenove said in a note on Thursday.
Read moreCavendish Financial flags significant second-half growth
4th Apr 2024 11:52
(Sharecast News) - Cavendish Financial said in an update on Thursday that in the second half of its financial year it experienced significant growth, with revenues expected to reach £34.5m, representing an increase of around 77% compared to the pro forma revenue of £19.5m in the first half.
Read moreAmaroq starts first underground mining blast at Nalunaq
4th Apr 2024 11:46
(Sharecast News) - Amaroq Minerals announced a significant milestone on Thursday, with the successful start of the first underground mining blast at the Nalunaq site in Southern Greenland.
Read moreUnion Jack Oil starts US trading on OTCQB Venture Market
4th Apr 2024 11:34
(Sharecast News) - Onshore hydrocarbon explorer and developer Union Jack Oil announced the approval of its ordinary shares for trading on the OTCQB Venture Market in the US on Thursday, with trading starting at market open under the ticker 'UJOGF'.
Read moreEurope midday: Markets tread water amid barrage of data
4th Apr 2024 11:28
(Sharecast News) - European stock markets were treading water on Thursday morning, with investors continuing to show caution amid a surge of incoming economic data while equity indices remain close to record highs.
Read moreAmazon to cut hundreds of jobs in AWS division
4th Apr 2024 11:17
(Sharecast News) - Amazon's cloud computing arm, Amazon Web Services (AWS), announced significant layoffs affecting hundreds of employees overnight on Thursday, in its physical stores technology and sales and marketing sectors.
Read moreAsia report: Most markets rebound from earlier losses
4th Apr 2024 11:15
(Sharecast News) - Asia-Pacific markets mostly rebounded Thursday, amid remarks from US Federal Reserve chairman Jerome Powell overnight.
Read moreSpace NK owner Manzanita preparing £400m sale - report
4th Apr 2024 11:05
(Sharecast News) - The long-standing owner of high street beauty retailer Space NK is reportedly preparing to put it up for sale with a price tag of more than £300m.
Read moreLondon midday: Stocks gain as investors mull services reading
4th Apr 2024 10:47
(Sharecast News) - London stocks had extended gains by midday on Thursday, helped along by a solid performance from the mining sector, as investors mulled the latest reading on the UK services sector.
Read moreNew property listings surged before Easter, says Rightmove
4th Apr 2024 10:08
(Sharecast News) - The number of people selling their homes in the UK surged over Easter, according to new data from Rightmove, with the property portal seeing its busiest day for new listings so far this year.
Read moreCo-op Group FY profits slump amid record levels of shoplifting
4th Apr 2024 10:03
(Sharecast News) - Supermarket chain Co-op Group posted a sharp drop in full-year profits on Thursday as a result of record levels of shoplifting and competition from discount rivals.
Read moreUK business activity continues to expand, albeit less than expected
4th Apr 2024 09:55
(Sharecast News) - UK business activity continued to expand in March, albeit less than expected, according to a survey released on Thursday.
Read moreGulf Marine Services annual profits grow, FY24 outlook strong
4th Apr 2024 09:43
(Sharecast News) - Energy industry services business Gulf Marine Services said on Thursday that both revenue and profits had grown in 2023.
Read moreMotorpoint sees FY losses at 'favourable end' of expectations
4th Apr 2024 09:24
(Sharecast News) - Vehicle retailer Motorpoint said on Thursday that full-year pre-tax losses were set to be "at the favourable end" of management expectations following a strong performance in the fourth quarter.
Read moreUK new car registrations up 10.4% in March
4th Apr 2024 09:11
(Sharecast News) - UK new car registrations rose 10.4% in March, according to the Society of Motor Manufacturers, as carmakers shored up electrified demand.
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