News Archive
Berenberg sees further upside at GSK despite recent rally
3rd Apr 2024 10:48
(Sharecast News) - Shares in biopharma giant GSK were in the red on Wednesday, pulling back after a strong performance so far this year, but broker Berenberg still sees further upside, reiterating a 'buy' rating on the stock.
Read moreAsia report: Markets follow Wall Street stocks into the red
3rd Apr 2024 10:15
(Sharecast News) - Asia-Pacific stocks closed in negative territory across the board on Wednesday, mirroring the overnight losses observed on Wall Street.
Read moreIDS makes submission on future of Universal Service
3rd Apr 2024 10:07
(Sharecast News) - International Distributions Services proposed an end to daily Second Class deliveries by Royal Mail on Wednesday, in its submission to Ofcom on the future of the Universal Service, in a bid to save up to £300m per year.
Read moreSupermarket Income REIT increases facility with SMBC
3rd Apr 2024 10:00
(Sharecast News) - Supermarket Income REIT announced an increase in its unsecured facility with Sumitomo Mitsui Banking Corporation (SMBC) of £37.5m on Wednesday, bringing the total to £104.5m.
Read moreSupermarket Income REIT increases facility with SMBC
3rd Apr 2024 10:00
(Sharecast News) - Supermarket Income REIT announced an increase in its unsecured facility with Sumitomo Mitsui Banking Corporation (SMBC) of £37.5m on Wednesday, bringing the total to £104.5m.
Read moreVirgin Atlantic reports record revenue as losses narrow
3rd Apr 2024 09:37
(Sharecast News) - Virgin Atlantic reported record total revenue of £3.1bn in its 2023 results on Wednesday, up £265m year-on-year as the long-haul airline capitalised on demand for premium leisure travel and holidays.
Read moreEurozone inflation unexpectedly eases, core rate drops to two-year low
3rd Apr 2024 09:26
(Sharecast News) - Inflation in the eurozone unexpectedly slowed in March, with the core rate dropping to its lowest in more than two years, as price pressures in the single-currency region continue to ease.
Read moreBarclays gives Segro a double upgrade
3rd Apr 2024 08:44
(Sharecast News) - Barclays has upgraded its rating on industrial real estate group Segro by two notches from 'underweight' to 'overweight' as part of its review of the European warehouse sector.
Read moreDe La Rue secures 5-year extension to Microsoft contract
3rd Apr 2024 08:07
(Sharecast News) - De La Rue said on Wednesday that it has signed a five-year renewal of its contract with Microsoft for the supply of "innovative authentication solutions" to the company's OEM, Retail and Xbox channels.
Read moreLondon open: Stocks fall on US rate cut doubts
3rd Apr 2024 07:57
(Sharecast News) - London stocks fell in early trade on Wednesday following a weaker close on Wall Street, amid growing doubts over US interest rate cuts following solid economic data.
Read moreSiemens not planning to make offer for Renishaw
3rd Apr 2024 07:55
(Sharecast News) - German engineering firm Siemens confirmed late on Tuesday that it does not intend to make an offer for London-listed Renishaw.
Read moreEurope open: Stocks rangebound ahead of inflation data
3rd Apr 2024 07:52
(Sharecast News) - European stock markets opened flat on Wednesday ahead of what's set to be another busy day for economic data, as investors continue to assess incoming indicators for indications on the future path of interest rates.
Read moreRyanair traffic jumps 8% in March, load factor steady
3rd Apr 2024 07:51
(Sharecast News) - Low-cost airline Ryanair reported an 8% jump in March traffic on Wednesday.
Read moreTopps Tiles H1 profitability hit by weaker market
3rd Apr 2024 07:39
(Sharecast News) - Topps Tiles cautioned on Wednesday that first-half profitability would be hit by a number of factors including a weaker market, as it reported a fall in revenues.
Read moreSpire offloads Tunbridge Wells hospital for £10m
3rd Apr 2024 07:36
(Sharecast News) - Healthcare group Spire has announced the recent sale of one of its leasehold hospitals in Tunbridge Wells for £10m, which it says was part of its "consistent and proactive approach to portfolio management".
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