News Archive
Avon Technologies raises full-year guidance
26th Mar 2025 08:40
(Sharecast News) - Avon Technologies raised its full-year guidance on Wednesday after reporting continued strong trading momentum in the second quarter, underpinned by robust demand across its defence and protective equipment businesses.
Read moreChancellor confirms spending cuts as OBR trims growth forecasts
26th Mar 2025 08:05
(Sharecast News) - The chancellor confirmed cuts to welfare spending on Wednesday while pledging to turn the UK into a "defence industrial superpower", in a spring statement designed to ensure the government's fiscal targets would still be met.
Read moreCiti cuts Qinetiq price target, maintains 'buy'
26th Mar 2025 08:04
(Sharecast News) - Citi cut its price target on Qinetiq on Wednesday to 510p from 530p as it said near-term uncertainty was an overhang but long-term value remains.
Read moreEurope open: Stoxx slips as investors eye UK CPI, fiscal statement
26th Mar 2025 08:03
(Sharecast News) - European shares opened lower on Wednesday as investors assessed a surprise fall in UK inflation and awaited an economic statement from British Finance Minister Rachel Reeves, which was expected to include savage cuts to public spending.
Read moreLondon open: FTSE gains after inflation data; all eyes on Spring Statement
26th Mar 2025 08:00
(Sharecast News) - London stocks rose in early trade on Wednesday as investors mulled a slightly bigger-than-expected drop in UK inflation and looked ahead to the Spring Statement.
Read moreGreencore reportedly lifting bid for Greencore
26th Mar 2025 07:54
(Sharecast News) - UK convenience food maker Greencore has lifted its bid for rival Bakkavor Group, according to a media report on Tuesday.
Read moreUK inflation eases to 2.8% in February
26th Mar 2025 07:53
(Sharecast News) - UK inflation eased a little more than expected in February as clothing prices fell, according to figures released on Wednesday by the Office for National Statistics.
Read moreLondon pre-open: Stocks to dip ahead of Spring Statement; inflation in focus
26th Mar 2025 07:45
(Sharecast News) - London stocks were set to dip at the open on Wednesday as investors mulled a bigger-than-expected drop in UK inflation and looked ahead to the Spring Statement.
Read moreEverplay shares surge on return to profit, outlook
26th Mar 2025 07:37
(Sharecast News) - Shares in Everplay surged on Wednesday as the video game maker returned to profit and said current-year trading would be marginally ahead of expectations.
Read moreBabcock secures £1bn contract extension with MOD
26th Mar 2025 07:29
(Sharecast News) - Defence firm Babcock International said on Wednesday that it has been awarded a five-year contract extension with the Ministry of Defence worth around £1bn.
Read moreIthaca Energy posts full-year results at top-end of guidance
26th Mar 2025 07:24
(Sharecast News) - Ithaca Energy posted a solid operational and financial performance for 2024 on Wednesday, with results at the top end of guidance, as the company benefited from the integration of Eni's UK upstream assets following the completion of the business combination in October.
Read moreVistry profits slump 65% after 'disappointing' year
26th Mar 2025 07:02
(Sharecast News) - House builder Vistry reported a slump in profits after "disappointing" year amid challenging market conditions, abandoned projects and cost overruns that forced it to suspend its dividend.
Read moreUS close: Stocks manage small gains on Ukraine-Russia deal
26th Mar 2025 00:54
(Sharecast News) - Wall Street closed slightly higher on Tuesday, extending gains from the prior session amid reports of a partial ceasefire agreement between Ukraine and Russia.
Read moreEurope close: Stocks extend gains
25th Mar 2025 19:10
(Sharecast News) - European markets extended gains on Tuesday as an upbeat business survey from Germany boosted sentiment, even as investors digested the prior session's rally on Wall Street.
Read moreUS midday: Stocks mixed with analysts divided on outlook
25th Mar 2025 18:27
(Sharecast News) - Stocks in the US were trading on a mixed footing, following sharp gains during the preceding session and despite reports that Ukraine and Russia had reached a partial ceasefire agreement covering each others' energy infrastructure and the Black Sea.
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