News Archive
Berenberg 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.
Read moreTrustpilot swings to full-year profit
19th Mar 2024 09:17
(Sharecast News) - Trustpilot said on Tuesday that it swung to a profit in 2023 as revenue and user numbers jumped.
Read moreEurope open: Shares slip as investors digest rate moves, await Fed
19th Mar 2024 08:27
(Sharecast News) - European shares opened lower on Tuesday as investors digested interest rate decisions from Japan and Australia and cast their eyes to the US as central bankers prepared to start their latest policy meeting.
Read moreSThree net fees fall amid global slowdown
19th Mar 2024 08:26
(Sharecast News) - Specialist science, technology, engineering and mathematics (STEM) recruiter SThree reported a 6% year-on-year decrease in net fees for the first quarter on Tuesday, attributed to a highly successful prior year and continued challenging market conditions.
Read moreLondon open: FTSE nudges up as BoJ hikes rates
19th Mar 2024 08:14
(Sharecast News) - London stocks nudged higher in early trade on Tuesday as investors mulled the first rate hike by the Bank of Japan in 17 years and looked ahead to policy announcements from the US Federal Reserve and the Bank of England this week.
Read moreRBC Capital upgrades Vistry to 'sector perform'
19th Mar 2024 08:14
(Sharecast News) - RBC Capital Markets upgraded its stance on Vistry on Tuesday as it took a fresh look at the house housebuilder following full-year results.
Read moreDiversified Energy in $410m US gas acquisition
19th Mar 2024 08:07
(Sharecast News) - Oil and gas explorer Diversified Energy posted a rise in earnings despite weaker prices and announced the $410m acquisition of producing reserves in the central region of the US.
Read moreEssentra delivers 'resilient' FY 24 performance, CFO to stand down
19th Mar 2024 08:05
(Sharecast News) - Essential components manufacturer Essentra said it had delivered a "resilient" performance in 2023, with the group progressing towards its medium-term targets.
Read moreDFS warns on profits after demand weakens 'significantly'
19th Mar 2024 07:59
(Sharecast News) - DFS cut its FY24 profit and revenue guidance on Tuesday as it said market demand has weakened "significantly" over the last two months following a solid start to January.
Read moreClose Brothers shares surge on £400m capital plan
19th Mar 2024 07:58
(Sharecast News) - Merchant banking group Close Brothers saw shares surge on Tuesday after it announced a raft of measures - including the suspension of dividends - to strengthen its capital position as it prepares for the conclusion of a regulatory probe into motor finance.
Read moreRBA leaves rates unchanged, but warns inflation risks still remain
19th Mar 2024 07:34
(Sharecast News) - Australia's central bank left interest rates unchanged on Tuesday, as expected, but governor Michele Bullock warned that inflation remained at high levels.
Read moreLondon pre-open: Stocks seen down as BoJ ends negative interest rates
19th Mar 2024 07:33
(Sharecast News) - London stocks were set to fall at the open on Tuesday as investors mulled policy announcements from the Bank of Japan and Reserve Bank of Australia, and looked ahead to a key UK inflation reading this week.
Read moreWickes' profits fall less than expected, but challenges remain
19th Mar 2024 07:32
(Sharecast News) - DIY and trade home-improvement retailer Wickes beat market forecasts despite a drop in its annual profits, but warned that trading since the start of the year continues to be challenging.
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