News Archive
Midwich reports highest-ever gross profit margin
19th Mar 2024 11:42
(Sharecast News) - Audio-visual specialist distributor Midwich Group reported a revenue increase of 7.1% in its full-year results on Tuesday, to £1.29bn, up from £1.2bn in 2022.
Read moreRevenue, earning rise substantially for Yu Group
19th Mar 2024 11:33
(Sharecast News) - Corporate gas and electricity provider Yu Group reported a 65% increase in revenue in its final results on Tuesday, to £460m in 2023, up from £278.6m in the prior year.
Read moreAtalaya earnings rise on back of lower operating costs
19th Mar 2024 11:28
(Sharecast News) - Atalaya Mining reported a solid increase in copper production in its results for 2023 on Tuesday, reaching 51.7 thousand tonnes at cash costs of $2.79 per pound and an all-in sustaining cost of $3.09 per pound.
Read moreMP Evans earnings fall in tougher market environment
19th Mar 2024 11:22
(Sharecast News) - Sustainable palm oil producer MP Evans described a challenging market environment in its final results for 2023 on Tuesday, primarily due to a lower crude palm oil (CPO) price environment compared to the exceptionally high prices seen in 2022.
Read moreCohort wins £16m systems contract in Australia
19th Mar 2024 11:16
(Sharecast News) - Cohort announced a landmark contract through its subsidiary Chess Dynamics on Tuesday, valued at £15.7m, with BAE Systems Maritime Australia for the provision of the advanced Sea Eagle surveillance systems.
Read moreLondon midday: Stocks dip as investors mull BoJ, await Fed and BoE
19th Mar 2024 10:52
(Sharecast News) - London stocks had dipped into the red by midday on Tuesday as investors mulled the end of negative rates in Japan and looked ahead to policy announcements from the US Federal Reserve and the Bank of England this week.
Read moreGerman business sentiment improves in March - ZEW
19th Mar 2024 10:52
(Sharecast News) - German business sentiment improved in March, according to a survey released on Tuesday by the ZEW Center for European Economic Research in Mannheim.
Read moreUS pre-open: Futures lower ahead of FOMC meeting
19th Mar 2024 10:45
(Sharecast News) - US futures were in the red ahead of the bell on Tuesday as market participants patiently awaited the outcome of the Federal Reserve Open Markets Committee's March policy meeting.
Read moreAntofagasta signs $2.5bn loan deal to build Centinela concentrator
19th Mar 2024 10:44
(Sharecast News) - Antofagasta said it had secured a loan deal to finance construction of a $2.5bn second concentrator at its Centinela mine in Chile.
Read moreTen Lifestyle hits record H1 adjusted EBITDA profitability
19th Mar 2024 10:14
(Sharecast News) - Travel and lifestyle concierge business Ten Lifestyle Group said on Tuesday that it had reached record adjusted underlying earnings profitability in the first half of its trading year, with active membership continuing to grow throughout the period.
Read morePuretech Health proposes $100m capital return
19th Mar 2024 09:46
(Sharecast News) - Biotherapeutics company PureTech Health has proposed a capital return of $100.0m to its shareholders by way of a tender offer.
Read morePfizer sells bigger-than-expected stake in Haleon
19th Mar 2024 09:39
(Sharecast News) - Haleon said on Tuesday that Pfizer has sold a larger-than-expected stake in the consumer healthcare group, taking its interest down to 22.6% from 32%.
Read moreBerenberg slashes target price on Focusrite following profit warning
19th Mar 2024 09:32
(Sharecast News) - Analysts at Berenberg slashed their target price on audio products manufacturer Focusrite from 700.0p to 410.0p on Tuesday following the group's profit warning a day earlier.
Read moreCelebrus Technologies trades in line with FY expectations
19th Mar 2024 09:30
(Sharecast News) - Data solutions firm Celebrus Technologies said on Tuesday that its full-year results were seen in line with market expectations, with both revenue and profits improving year-on-year.
Read moreAsia report: Markets mixed as BoJ hikes rates, abandons YCC
19th Mar 2024 09:29
(Sharecast News) - Asia-Pacific markets finished with a mixed performance on Tuesday, as investors reacted to a policy shift from the Bank of Japan, which raised interest rates for the first time in 17 years.
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