News Archive

US pre-open: Futures higher following Monday's heavy losses

8th Oct 2024 11:20

(Sharecast News) - Wall Street futures were in the green ahead of the bell on Tuesday amid heightened oil prices and rising bond yields.

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Kooth slides as Root Capital sells 3.7m shares in placing

8th Oct 2024 11:13

(Sharecast News) - Kooth tumbled on Tuesday after Root Capital sold just over 3.75 million shares in the company in a placing.

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Europe midday: Stocks drop as China concerns hit sentiment

8th Oct 2024 10:59

(Sharecast News) - European stock markets fell on Tuesday, with drinks, luxury and mining stocks weighing heavily on indices across the continent as earlier optimism surrounding stimulus measures in China began to fade.

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S&U revenue up, profitability a challenge in first half

8th Oct 2024 10:53

(Sharecast News) - Motor and property finance specialist S&U reported a mixed first-half financial performance on Tuesday, after group revenue increased 9% year-on-year to £60.4m.

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China to impose anti-dumping measures on EU brandy, drink stocks slump

8th Oct 2024 10:33

(Sharecast News) - Shares of European drinks makers slumped on Tuesday after China said it would impose provisional anti-dumping tariffs on brandy imported from the European Union this week.

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Loungers reports slight slowdown in LFL sales growth

8th Oct 2024 09:53

(Sharecast News) - Cosy Club owner Loungers reported a slight slowdown in like-for-like sales growth on Tuesday and a jump in revenue.

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Brooks Macdonald buys financial planning firm Lift for up to £45m

8th Oct 2024 09:30

(Sharecast News) - Brooks Macdonald said on Tuesday that it has agreed to buy financial planning firm Lift for up to £45m.

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Asia report: Most markets fall as China returns from holiday

8th Oct 2024 09:01

(Sharecast News) - Asia-Pacific markets experienced a turbulent session on Tuesday, as mainland Chinese markets returned from a week-long break, while traders digested weak data from Japan.

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Gulf Keystone announces $20m dividend, $10m share buyback

8th Oct 2024 09:01

(Sharecast News) - Gulf Keystone Petroleum announced a $20m interim dividend and the launch of a share buyback programme worth up to $10m on Tuesday.

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Ofwat tells water firms to improve immediately in damning report

8th Oct 2024 08:46

(Sharecast News) - Ofwat called on the water sector to significantly improve its performance on Tuesday, after companies fell short of key environmental and service targets, costing the industry £157.6m in penalties this year.

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Motorpoint swings back to profit in first half

8th Oct 2024 08:30

(Sharecast News) - Motorpoint Group reported a strong first half in an update on Tuesday, returning to profitability after posting a loss in the same period last year.

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PRS REIT reports strong growth in full-year revenue, profits

8th Oct 2024 08:00

(Sharecast News) - PRS REIT reported a strong set of full-year results on Tuesday, driven by solid asset performance and robust rental demand.

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Europe open: Stoxx down on weak Wall St, Asia; Vistry slumps 30%

8th Oct 2024 07:54

(Sharecast News) - European shares opened sharply lower on Tuesday after downbeat sessions in the US and Asia as investors fretted over the Middle East conflict.

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London open: Stocks drop after China disappointment; Vistry tanks on profit warning

8th Oct 2024 07:54

(Sharecast News) - London stocks fell sharply in early trade on Tuesday as investors were left disappointed by a lack of new stimulus measures from China, and with housebuilder Vistry in freefall after a profit warning.

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Senior shares sink, customers delays to hit full-year results

8th Oct 2024 07:49

(Sharecast News) - Shares in Senior tanked on Tuesday after the engineering solutions provider announced that the ongoing supply and logistical challenges hitting the wider aerospace sector will have an impact on full-year results.

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