News Archive
JPMorgan upgrades Flutter Entertainment to 'overweight'
13th Mar 2024 09:34
(Sharecast News) - JPMorgan Cazenove lifted its stance on Flutter Entertainment on Wednesday to 'overweight' from 'neutral' and hiked the price target to 21,300p from 16,300p.
Read moreFerrexpo delays FY results, Ukrainian hearing postponed
13th Mar 2024 09:27
(Sharecast News) - Mining company Ferrexpo said on Tuesday that following discussions with its auditors, more time was needed to finalise its full-year financial results.
Read moreLiontrust denies Artemis takeover talks
13th Mar 2024 09:15
(Sharecast News) - Liontrust Asset Management has denied it is in talks to acquire smaller rival Artemis.
Read moreBalfour Beatty rallies as it lifts dividend, announces £100m buyback
13th Mar 2024 09:08
(Sharecast News) - Infrastructure group Balfour Beatty surged on Wednesday despite posting a drop in full-year profit, as it lifted its dividend, announced a £100m share buyback and struck an optimistic note on the outlook.
Read moreKeywords Studios posts strong growth despite tougher market
13th Mar 2024 08:37
(Sharecast News) - Keywords Studios reported a 13% rise in full-year revenue in its final results on Wednesday, to €780m.
Read moreEurope open: Shares edge ahead as UK exits recession
13th Mar 2024 08:16
(Sharecast News) - European shares edged ahead at the open as investors digested inflation and GDP data from the US and UK respectively.
Read moreAdidas FY sales fall short of estimates
13th Mar 2024 08:04
(Sharecast News) - German sportswear giant Adidas reported full-year results that fell short of estimates on Wednesday as a result of the loss of its very profitable Yeezy line following the cessation of its long-running collaboration with Kanye West.
Read moreMetro Bank records first profit since 2018
13th Mar 2024 07:57
(Sharecast News) - Metro Bank has reported its first annual statutory profit in five years despite a flat top line as the UK high street bank launched a cost-savings programme that cut store hours and roles across the business.
Read moreLondon open: FTSE nudges up as investors mull GDP data
13th Mar 2024 07:56
(Sharecast News) - London stocks edged up in early trade on Wednesday as data showed the UK economy returned to growth in January.
Read moreZara-owner Inditex upbeat on strong results
13th Mar 2024 07:49
(Sharecast News) - Shares in Inditex sparked on Wednesday, after the Spanish fashion giant said 2024 had got off to a strong start.
Read moreRBC Capital starts Marlowe at 'outperform'
13th Mar 2024 07:35
(Sharecast News) - RBC Capital Markets initiated coverage of Marlowe on Wednesday with an 'outperform' rating and 630p price target.
Read moreLondon pre-open: Stocks seen up as economy returns to growth
13th Mar 2024 07:34
(Sharecast News) - London stocks were set to rise at the open on Wednesday as data showed the UK economy returned to growth in January.
Read more4imprint profits jump but demand outlook softens
13th Mar 2024 07:34
(Sharecast News) - White label merchandise and promotional products manufacturer 4imprint hiked its dividend by a third after a big jump in profits in 2023 on the back of market-share gains, though it did warn of a "softening" in the wider market towards the end of the year.
Read moreIP Group net asset value falls, but losses narrow
13th Mar 2024 07:22
(Sharecast News) - Intellectual property-focussed investor IP Group reported a net asset value of £1.19bn in its results for 2023 on Wednesady, or 114.3p per share, down from £1.38bn and 132.9p per share in 2022.
Read moreAnglo American sees De Beers sales rise, but diamond outlook cautious
13th Mar 2024 07:21
(Sharecast News) - Anglo American has reported another increase in rough diamond sales at De Beers as prices continue to rebound after slumping in 2023, though the company warned that tough macro conditions will keep a lid on growth for a while.
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