News Archive
Shore Cap ups rating on British Land, Derwent
15th Mar 2024 10:07
(Sharecast News) - Shore Capital has upgraded British Land and Derwent London to 'buy' in its latest review of the UK real estate sector.
Read moreHome prices continue to fall in China
15th Mar 2024 09:36
(Sharecast News) - House prices continued to slide in China last month, official data showed on Friday, heaping more pressure on the country's struggling property sector.
Read moreAsia report: Most markets fall after US inflation report
15th Mar 2024 09:11
(Sharecast News) - Asia-Pacific markets finished in a mixed but largely negative state on Friday, largely influenced by the surprising surge in producer prices in the United States overnight.
Read moreRBC hails cash flow potential at Glencore, keeps at 'outperform'
15th Mar 2024 08:39
(Sharecast News) - RBC Capital Markets has reiterated its 'outperform' rating on Glencore following the mining and commodities giant's annual results last month, saying its cash generation potential remains "solid".
Read moreBank of Georgia upbeat after jump in full-year income
15th Mar 2024 08:35
(Sharecast News) - Bank of Georgia Group posted a jump in full-year income on Friday, boosted by strong lending and favourable macroeconomic conditions.
Read moreScottish Mortgage Investment Trust to spend up to £1bn on buybacks
15th Mar 2024 08:32
(Sharecast News) - Scottish Mortgage Investment Trust announced on Friday that it had made available at least £1bn for share buybacks over the next two years, following strong operational results from its public and private portfolio.
Read moreEurope open: Stocks fall on US data; LPP tanks as Hindenburg takes short position
15th Mar 2024 08:11
(Sharecast News) - European markets edged lower on Friday after a US wholesale inflation reading came in higher-than expected and hit hopes of an early rate cut this year.
Read moreJefferies upgrades Mondi after YTD underperformance
15th Mar 2024 08:03
(Sharecast News) - Jefferies upgraded its rating on packaging firm Mondi on Friday following year-to-date underperformance.
Read moreShore Capital downgrades Intertek to 'sell'
15th Mar 2024 08:02
(Sharecast News) - Analysts at Shore Capital downgraded Intertek from 'hold' to 'sell' on Friday following the group's recent results.
Read moreLondon open: Stocks flat but Vodafone jumps on Swisscom deal
15th Mar 2024 08:01
(Sharecast News) - London stocks were steady in early trade on Friday as investors continued to mull another hotter-than-expected US inflation reading, but Vodafone surged on news Swisscom is buying its Italian business.
Read moreVolution sees FY EPS ahead of expectations after 'strong' H1
15th Mar 2024 07:50
(Sharecast News) - Volution Group said on Friday that full-year earnings per share were set to be ahead of consensus after a "strong" first half.
Read moreAir Astana delivers solid profit growth in first results since IPO
15th Mar 2024 07:40
(Sharecast News) - Kazakhstan-based airline Air Astana delivered a double-digit increase in profits and key performance metrics after flying a record number of passengers in 2023, as it gave a positive outlook for the current financial year.
Read moreLondon pre-open: Stocks seen flat as investors continue to mull US inflation
15th Mar 2024 07:33
(Sharecast News) - London stocks were set for a steady open on Friday following a downbeat close on Wall Street, after another hotter-than-expected US inflation reading.
Read moreRBC Capital downgrades CVS Group on CMA review
15th Mar 2024 07:24
(Sharecast News) - RBC Capital Markets downgraded CVS Group on Friday to 'sector perform' from 'outperform' and slashed the price target to 1,200p from 2,100p after the UK Competition and Markets Authority said it had provisionally decided to launch a formal investigation into the vet market.
Read moreFriday newspaper round-up: Unilever, civil servants, Wegovy
15th Mar 2024 07:23
(Sharecast News) - Unilever could face a potential row with shareholders after it emerged that the new boss of the consumer goods company can earn up to €17.4m (£14.9m) this year if he hits maximum targets. Hein Schumacher, who joined the owner of Marmite, Domestos and Dove in June last year, took home €3.9m for his first six months as chief executive. He earned a €1.86m annual bonus on top of his €1.4m in basic pay and benefits, which included €292,492 to help cover his relocation to the UK, according to Unilever's annual report published on Thursday. - Guardian
Read more