News Archive

Vanquis returns to profitability in second half

27th Mar 2024 10:06

(Sharecast News) - Vanquis Banking Group reported a significant second-half turnaround on Wednesday, as after recording a loss in the first half, its new management team implemented swift changes, resulting in an adjusted profit before tax of £30.4m in the second six months of 2023.

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S4 Capital appoints new COO; revenues drop

27th Mar 2024 10:04

(Sharecast News) - Martin Sorrell's S4 Capital appointed a new chief operating officer on Wednesday as it reported a drop in revenues as clients cut back on advertising spend.

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SSE narrows full-year EPS guidance

27th Mar 2024 09:39

(Sharecast News) - SSE said on Wednesday that it was narrowing its guidance for full-year 2023/24 adjusted earnings per share, partly to reflect improved renewables output.

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US pre-open: Wall Street stocks set for early gains

27th Mar 2024 09:12

(Sharecast News) - Wall Street futures were pointing to a higher open on Wednesday following three down days, albeit on dwindling trading volumes ahead of the Easter break.

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Endeavour investigation into CEO finds hidden payments of $15m

27th Mar 2024 09:08

(Sharecast News) - An investigation into controversial former Endeavour Mining boss Sébastien de Montessus found two more "deliberately disguised" payments totalling $15m to an unnamed third party, the company said on Wednesday.

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Sirius makes first UK acquisition in Gloucestershire

27th Mar 2024 09:07

(Sharecast News) - Sirius Real Estate announced a significant portfolio expansion on Wednesday, with the acquisition of Vantage Point Business Village in Gloucestershire.

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Revolution Beauty lifts FY outlook

27th Mar 2024 09:04

(Sharecast News) - Revolution Beauty lifted its full-year outlook on Wednesday after continued strong trading.

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Asos, Boohoo, Asda ordered to green up their act

27th Mar 2024 09:04

(Sharecast News) - UK regulators have ordered Asda, Asos and Boohoo to avoid "greenwashing" environmental claims on the clothing they sell.

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Europe open: Share tread water on weaker Wall St; H&M surges on Q1

27th Mar 2024 08:37

(Sharecast News) - European shares were flat at the open as investors looked for direction and shares in Swedish fashion giant H&M surged after profits smashed estimates.

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Playtech on track for medium-term targets as FY beats expectations

27th Mar 2024 08:20

(Sharecast News) - Gambling software firm Playtech said on Wednesday that it was on track to meet its medium-targets after it performed ahead of expectations in FY2023.

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London open: Stocks nudge lower; Diploma surges on acquisition

27th Mar 2024 08:02

(Sharecast News) - London stocks nudged lower in early trade on Wednesday following a slightly weaker close on Wall Street.

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BC Omega Holdco sells 50m shares in TI Fluid Systems in placing

27th Mar 2024 07:50

(Sharecast News) - Peel Hunt said on Wednesday that BC Omega Holdco sold 50m ordinary shares in TI Fluid Systems in a placing.

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CMC Markets sees FY operating income at top end of guidance

27th Mar 2024 07:35

(Sharecast News) - CMC Markets said on Wednesday that FY 2024 net operating income was set to exceed the top end of the previously-guided range of £290m to £310m as positive momentum continued into the fourth quarter after a strong performance in Q3.

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London pre-open: Stocks seen muted after slightly weaker US close

27th Mar 2024 07:30

(Sharecast News) - London stocks were set for a muted open on Wednesday following a slightly weaker close on Wall Street.

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Ithaca profits slump on UK tax levy; Sees lower output in 2024

27th Mar 2024 07:29

(Sharecast News) - North Sea oil and gas producer Ithaca Energy on Wednesday said it was looking at a potential tie-up with Italy's largest energy firm Eni covering its UK assets and reported a slump in annual profits blaming the British government's energy tax and project impairments.

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