News Archive

Vodafone inks deal to potentially acquire Romania Telekom Mobile

31st Oct 2024 08:08

(Sharecast News) - Vodafone announced on Thursday that its Vodafone Romania subsidiary and Digi Romania have signed a memorandum of understanding (MoU) with the Hellenic Telecommunications Organization (OTE) concerning a potential acquisition of parts of Telekom Romania Mobile.

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Synthomer trades broadly in line with expectations in Q3

31st Oct 2024 08:04

(Sharecast News) - Chemicals business Synthomer said on Thursday that overall Q3 trading was broadly in line with internal expectations as continuing group volumes improved from historically low levels.

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London open: FTSE falls again after Budget; Shell results in focus

31st Oct 2024 07:59

(Sharecast News) - London stocks fell in early trade on Thursday as investors sifted through a raft of corporate releases and continued to mull the implications of the Budget.

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German retail sales rise for third straight month

31st Oct 2024 07:58

(Sharecast News) - Retail sales in Germany unexpectedly rose for the third straight month in September, according to data from the Federal Statistical Office.

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Europe open: Stocks at seven-week low as earnings disappoint

31st Oct 2024 07:58

(Sharecast News) - European stocks dropped to their lowest in seven weeks on Thursday as investors digested a barrage of economic data and weak corporate earnings from a long list of blue-chip names.

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BoJ keeps benchmark policy rate unchanged

31st Oct 2024 07:57

(Sharecast News) - The Bank of Japan kept its benchmark policy rate unchanged on Thursday at 0.25%, as widely expected.

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Sainsbury's sells AFS cards portfolio to NewDay Group

31st Oct 2024 07:43

(Sharecast News) - Sainsbury's said on Thursday that it has agreed to sell the Argos Financial Services (AFS) cards portfolio to NewDay Group for £720m.

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Smith & Nephew cuts sales guidance on Chinese headwinds

31st Oct 2024 07:38

(Sharecast News) - Shares in Smith & Nephew tumbled on Thursday, after the medical devices firm slashed its full-year sales guidance on weaker-than-expected sales in China.

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BHP has not moved on from pursuit of Anglo despite chairman's comments

31st Oct 2024 07:37

(Sharecast News) - BHP Group has issued a statement to clarify that it has not officially walked away from its pursuit of Anglo American after comments made by the miner's chairman at this week's annual general meeting.

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London pre-open: Stocks seen down again; Shell in focus

31st Oct 2024 07:37

(Sharecast News) - London stocks looked set for further losses on Thursday, having ended firmly in the red a day earlier after Labour's first Budget in 14 years.

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Ocado names tech veteran Adam Warby as chair designate

31st Oct 2024 07:19

(Sharecast News) - Online grocery tech provider Ocado Group has confirmed speculation that it is appointing former Microsoft exec Adam Warby to replace chair Rick Haythornthwaite, who announced his resignation six months ago.

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China manufacturing activity expands for first time in six months

31st Oct 2024 07:14

(Sharecast News) - Manufacturing activity in China expanded in October for the first time since April, according to figures released on Thursday by the National Bureau of Statistics.

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Haleon 'on track' for full year, notwithstanding currency headwinds

31st Oct 2024 07:04

(Sharecast News) - Haleon reported organic revenue growth of 6.1% for the third quarter on Thursday, driven by balanced increases in both price and volume/mix at 3.3% and 2.8% respectively, though reported revenue declined by 0.6% due to currency impacts.

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Quarterly profits slip at Shell

31st Oct 2024 07:02

(Sharecast News) - Energy major Shell posted a dip in third-quarter profits on Thursday, weighed down by lower oil prices, although the decline was less steep than feared.

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Danske Bank ups guidance after bumper third quarter

31st Oct 2024 07:01

(Sharecast News) - Danske Bank boosted its full-year outlook on Thursday, after third-quarter earnings at Denmark's biggest lender smashed expectations.

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