News Archive

Pets at Home backs FY profit expectations

26th Mar 2024 07:56

(Sharecast News) - Pets at Home backed its full-year profit guidance on Tuesday as fourth-quarter trends have been as expected.

Read more

Bellway eyes return to growth as first-half profits slump

26th Mar 2024 07:54

(Sharecast News) - Interim profits at UK housebuilder Bellway dropped by more than a half on the back of a slump in housing completions and a deterioration in margins, but the company pointed to an improving economic outlook as mortgage rates continue to fall back.

Read more

Revolution Bars exploring options including sale

26th Mar 2024 07:50

(Sharecast News) - Revolution Bars confirmed on Tuesday that it is exploring strategic options, including the potential sale of all or part of the group.

Read more

AG Barr beats guidance with strong profit growth

26th Mar 2024 07:35

(Sharecast News) - British beverages and energy drinks maker AG Barr beat its own guidance with a 16.1% jump in full-year profits in 2023 as it managed to outperform the wide soft drinks market.

Read more

London pre-open: Stocks seen lower after negative US close

26th Mar 2024 07:33

(Sharecast News) - London stocks were set to fall at the open on Tuesday following a downbeat close on Wall Street.

Read more

ASOS H1 sales fall 18% but annual guidance held

26th Mar 2024 07:31

(Sharecast News) - UK-based online fashion retailer ASOS said first-half sales fell 18% but held guidance for a decline over the full year as a turnaround plan started to take shape.

Read more

Tuesday newspaper round-up: Amanda Staveley, ITV, Bidstack

26th Mar 2024 07:26

(Sharecast News) - Are 200,000 jobs really supported by the oil and gas industry in the North Sea? Campaigners and MPs are questioning the longstanding government claim. Ministers have repeatedly used the 200,000 jobs figure as justification for pushing ahead with more fossil fuel developments despite the escalating climate crisis and widespread opposition from scientists and energy experts. - Guardian

Read more

Affordable housing developer Vistry to build 1,900 new homes

26th Mar 2024 07:23

(Sharecast News) - Affordable housing group Vistry has signed two new partnership agreements that will see it build 1,900 new homes in East Anglia and the South of England.

Read more

Ocado Retail sees strong first-quarter growth

26th Mar 2024 07:22

(Sharecast News) - Ocado Group reported strong trading at its Ocado Retail venture in the first quarter on Tuesday, with an 8.1% year-on-year increase in total item volumes propelling retail revenue to £645.3m, itself up 10.6%.

Read more

Genel revenues slide as pipeline remains closed

26th Mar 2024 07:21

(Sharecast News) - Genel Energy reported a significant decline in revenue to $84.8m in its full-year results on Tuesday, from $401.9m in 2022, attributed in part to the average Brent oil price dropping to $82 compared to $101 year-on-year.

Read more

RBC Capital downgrades Mobico to 'sector perform'

26th Mar 2024 07:20

(Sharecast News) - RBC Capital Markets downgraded Mobico on Tuesday to 'sector perform' from 'outperform' and cut the price target to 80p from 110p following the company's update a day earlier.

Read more

Smiths Group in £100m buyback as H1 earnings rise

26th Mar 2024 07:03

(Sharecast News) - UK engineering group Smiths named a new chief executive and launched a £100m share buyback as it reaffirmed annual guidance after a rise in half-year earnings.

Read more

US close: Stocks slip after last week's fresh highs

25th Mar 2024 22:53

(Sharecast News) - US stocks fell modestly on Monday, easing from record highs reached last week.

Read more

Directors dealings: Chemring boss sells shares

25th Mar 2024 19:00

(Sharecast News) - Chemring's boss and its group legal director offloaded shares in the sensor and countermeasures manufacturer ahead of the Easter weekend.

Read more

Europe close: Stocks edge up ahead of Easter break

25th Mar 2024 18:34

(Sharecast News) - European stocks were mostly higher on Monday ahead of the long Easter weekend and as investors took stock of a slew of rate decisions during the preceding week and dovish comments from policy makers that sent the Stoxx 600 index to record highs.

Read more