News Archive
Equals Q1 revenues grow, granted extension to PUSU deadline
20th Mar 2024 09:32
(Sharecast News) - Financial services company Equals Group said on Wednesday that revenues had grown by more than a quarter in the first three months of its fiscal year as a result of "robust" trading across the business, with particularly strong growth from its solutions unit.
Read moreBerenberg lifts Close Brothers target as regulatory risks reduce
20th Mar 2024 09:31
(Sharecast News) - Shares in Close Brothers Group continued to surge on Wednesday after the merchant bank's first-half results in which the company eased investors' concerns about an upcoming regulatory probe, with Berenberg providing an extra boost after lifting its target price for the stock.
Read moreEurozone construction output increases in January
20th Mar 2024 09:31
(Sharecast News) - Eurozone construction output increased 0.5% in January, according to preliminary reports from Eurostat.
Read moreGreggs hit by card payment outage
20th Mar 2024 09:15
(Sharecast News) - Bakery chain Greggs was facing disruptions in its operations on Wednesday morning, due to an IT issue impacting card payments.
Read moreAsia report: Markets mixed as PBoC maintains loan prime rates
20th Mar 2024 09:06
(Sharecast News) - Asia-Pacific markets finished Wednesday's trading session with a mixed performance, as investors continued to digest the Bank of Japan's (BOJ) recent policy adjustment and looked ahead to the upcoming decision from the US Federal Reserve.
Read moreHSBC 'impressed' by quality of Elementis portfolio
20th Mar 2024 09:04
(Sharecast News) - HSBC upgraded Elementis to 'buy' on Wednesday and lifted the price target to 170p from 150p as it said it was impressed by the company's portfolio quality and management execution "amid a challenging macro and weak end markets".
Read moreEurope open: Down on Fed, while Kering warning his luxury shares
20th Mar 2024 08:39
(Sharecast News) - European shares fell slightly at the open on Wednesday as investors awaited the outcome of the Federal Reserve's policy meeting for more clues when the central bank might cut US rates later this year, while shares in luxury goods were down on a sales warning from Gucci owner Kering.
Read moreEurope open: Shares down ahead of Fed; Kering warning hits luxury sector
20th Mar 2024 08:09
(Sharecast News) - European shares fell slightly at the open on Wednesday as investors awaited the outcome of the Federal Reserve's policy meeting for more clues when the central bank might cut US rates later this year, while shares in luxury goods were down on a sales warning from Gucci owner Kering.
Read moreLondon open: FTSE nudges lower after inflation data, ahead of Fed
20th Mar 2024 08:03
(Sharecast News) - London stocks nudged lower in early trade on Wednesday as investors mulled a bigger-than-expected fall in UK inflation, with caution in the air ahead of rate decisions from the US Federal Reserve and the Bank of England.
Read moreVitruvian sells 15.5m Trustpilot shares in placing
20th Mar 2024 07:45
(Sharecast News) - Vitruvian Partners has sold 15.5m shares in Trustpilot in a placing at 200p each.
Read moreUK house market shows further signs of stabilising
20th Mar 2024 07:43
(Sharecast News) - UK house prices dipped only marginally in January, official data showed on Wednesday, providing more hope that the market was stabilising.
Read moreAlpha Group reports strong results, but cautious about interest rates
20th Mar 2024 07:36
(Sharecast News) - Fintech and consultancy group Alpha Group International reported double-digit growth across the board for 2023 and said that 2024 has started well, but sounded a note of caution about how the year will play out as monetary policy begins to ease.
Read moreGerman producer prices fall 4.1% in February
20th Mar 2024 07:33
(Sharecast News) - German producer prices in February fell a further-than-expected 4.1% on an annualised basis, the federal statistics office said on Wednesday.
Read moreLondon pre-open: Stocks seen flat; inflation falls more than expected
20th Mar 2024 07:32
(Sharecast News) - London stocks were set for a flat open on Wednesday as investors mulled the latest UK inflation data and looked ahead to a policy announcement from the US Federal Reserve.
Read moreComputacenter shares slide despite year of growth
20th Mar 2024 07:23
(Sharecast News) - Computacenter shares were sliding on Wednesday morning, despite the company reporting a record year for revenue, gross profit and adjusted earnings per share.
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