News Archive
Europe open: Stocks flat as investors digest recent rate moves
25th Mar 2024 07:51
(Sharecast News) - European stocks were flat at the open ahead of the Easter long weekend as investors took stock of a slew of rate decisions last week and dovish comments from policy makers that sent the Stoxx 600 index to record highs.
Read morePennon trading in line, but bad weather impacts waste-water operations
25th Mar 2024 07:36
(Sharecast News) - Water group Pennon said it expects to report full-year results in line with expectations as it makes record levels of investment in the current pricing cycle, though challenging weather conditions have impacted its waste-water operational performance.
Read moreNational Express owner Mobico issues profit warning, delays results again
25th Mar 2024 07:35
(Sharecast News) - Shares in National Express owner Mobico slumped on Monday after the transport company issued a profit warning and said its annual results would be delayed further due to auditing issues at its German rail business.
Read moreLondon pre-open: Stocks seen weaker after Friday's surge
25th Mar 2024 07:33
(Sharecast News) - London stocks were set to fall at the open on Monday, having closed at their highest level in more than a year on Friday.
Read moreWise appoints new finance chief
25th Mar 2024 07:23
(Sharecast News) - Wise announced the appointment of Emmanuel Thomassin as its new chief financial officer and director Monday.
Read moreAstraZeneca gets FDA approval for Ultomiris treatment
25th Mar 2024 07:23
(Sharecast News) - AstraZeneca has announced that its autoimmune disease treatment Ultomiris has been given the green light by US regulators.
Read moreMonday newspaper round-up: Wind farms, interest rates, FCA
25th Mar 2024 07:21
(Sharecast News) - More than 20 leading social scientists have warned the UK's biggest investment companies and pension funds that allowing US-style executive pay packages could "create a significant risk of higher inequality" and "much worse lower levels of happiness, health and wellbeing across society". The academics said they had decided to speak out as an increasing number of British business leaders and the London Stock Exchange have argued for much higher pay awards to improve the UK's competitiveness. - Guardian
Read moreHenry Boot predicts brighter future but expects "lag" in performance
25th Mar 2024 07:17
(Sharecast News) - UK-listed property developer Henry Boot has said that, while it expects macro conditions to improve this year, the company will see a "lag" in performance with results likely to be weighted to the second half.
Read moreDirect Line confident in standalone prospects as Ageas abandons pursuit
25th Mar 2024 07:16
(Sharecast News) - Direct Line said on Monday that it was confident in its standalone prospects after Belgium's Ageas announced it would not be making an offer for the insurer following two failed attempts at engaging with the board.
Read moreKingfisher issues another profits warning as 2023/24 earnings slump
25th Mar 2024 07:04
(Sharecast News) - B&Q owner Kingfisher on Monday warned current-year profit would fall short of expectations after it posted weaker earnings for 2023-24 as the home improvement market continued to lag behind demand for housing.
Read moreFTSE 250 movers: Wetherspoons slides as investors fret over growth prospects
22nd Mar 2024 18:18
(Sharecast News) - FTSE 250 (MCX) 19,724.32 -0.09%
Read moreSector movers: FTSE 100 making a run on record highs
22nd Mar 2024 17:10
(Sharecast News) - The 'value' heavy FTSE 100 outperformed again at the end of the week, helped by a further dip in longer-term Gilt yields and a dip in Sterling's exchange rate versus the Greenback.
Read moreZephyr starts drilling activities at Paradox Basin well
22nd Mar 2024 16:38
(Sharecast News) - Rocky Mountains-focussed oil and gas operator Zephyr Energy announced the start of drilling activities at the State 36-2R well at its primary project in Utah's Paradox Basin on Friday.
Read moreGemfields set to swing to loss in 2023
22nd Mar 2024 16:35
(Sharecast News) - Coloured gemstone specialist Gemfields said in a trading update on Friday that its two primary operating assets, Kagem and MRM, contributed revenues of $89.9m and $151.4m respectively in 2023, a slight decrease from the prior year.
Read moreCadence Minerals upbeat on capex optimisation work
22nd Mar 2024 16:29
(Sharecast News) - Cadence Minerals announced the culmination of its capital expenditure optimisation programme at the Amapá Iron Ore Project on Friday, marking a significant milestone towards operational efficiency and sustainability.
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