News Archive
RBC Capital Markets lifts Rentokil price target
12th Mar 2024 08:16
(Sharecast News) - RBC Capital Markets upped its price target on Rentokil on Tuesday to 590p from 575p and maintained its 'outperform' rating.
Read moreLondon open: FTSE rallies as wage data raises rate cut expectations
12th Mar 2024 08:13
(Sharecast News) - London stocks rose in early trade on Tuesday as a further easing of UK wage growth raised rate cut expectations.
Read moreFirstGroup sees FY slightly ahead of forecasts
12th Mar 2024 08:09
(Sharecast News) - Transport operator FirstGroup said it expected annual earnings would be slightly better than expectations after a strong performance from its rail division.
Read moreTI Fluid Systems points to sales slowdown in 2024
12th Mar 2024 08:07
(Sharecast News) - Shares in TI Fluid Systems dipped on Tuesday despite a largely in-line set of full-year results, as it pointed to slowdown in revenue growth in 2024.
Read moreGenuit profits grow in year of 'significant strategic progress'
12th Mar 2024 08:06
(Sharecast News) - Plastic piping systems business Genuit said on Tuesday that profits had grown in what was a year of "significant strategic progress".
Read moreTP ICAP FY profits beat expectations; exploring options for data business
12th Mar 2024 07:57
(Sharecast News) - Interdealer broker TP ICAP posted better-than-expected full-year profit on Tuesday, announced a £30m share buyback and confirmed it was exploring options for its data business, Parameta Solutions, which could include a potential IPO of a minority stake.
Read moreSynthomer points to "encouraging" Q1 after tough 2023
12th Mar 2024 07:50
(Sharecast News) - Polymers group Synthomer missed its own revenue targets for 2023 after a downturn in many of its end markets, but said that trading since the year-end has been "cautiously encouraging", causing shares to surge on Tuesday morning.
Read morePersimmon sees tough markets as profits slump
12th Mar 2024 07:44
(Sharecast News) - Shares in Persimmon fell on Tuesday after the UK housebuilder warned of continuing tough markets as it reported a worse-than-expected 52% slump in full year profits.
Read moreLondon pre-open: Stocks seen up as investors mull jobs data
12th Mar 2024 07:41
(Sharecast News) - London stocks were set to rise at the open on Tuesday as investors mulled the latest UK jobs numbers.
Read moreLondon pre-open: Stocks seen up as investors mull jobs data
12th Mar 2024 07:41
(Sharecast News) - London stocks were set to rise at the open on Tuesday as investors mulled the latest UK jobs numbers.
Read moreMargin progress drives profit growth at Costain
12th Mar 2024 07:31
(Sharecast News) - Costain managed to increase underlying profits by more than a tenth in 2023 despite weaker top-line performance as the construction and engineering company saw an improvement in margins, helping it to resume a final dividend to shareholders.
Read moreTuesday newspaper round-up: Thames Water, Telegraph, Xlinks
12th Mar 2024 07:27
(Sharecast News) - Thames Water has been accused of "misleading" customers after telling them that just a few pennies in every pound spent on their bills is paid to its lenders. The debt-laded firm is Britain's biggest water company, serving 16 million customers in London and the south-east of England. It has sent a breakdown of its costs in bills to customers, including spending 48p of every pound on infrastructure, 20p on the supply and treatment of water, and 3p to its lenders. - Guardian
Read moreTRIG sells entire stake in Pallas wind farm
12th Mar 2024 07:23
(Sharecast News) - The Renewables Infrastructure Group (TRIG) has finalised the sale of its entire equity stake in Pallas, an onshore wind farm in the Republic of Ireland, it announced on Tuesday.
Read moreUK wage growth slows again, unemployment rate ticks up
12th Mar 2024 07:23
(Sharecast News) - UK wage growth eased again in the three months to January, while the unemployment rate ticked higher, according to figures released on Tuesday by the Office for National Statistics, raising rate cut expectations.
Read moreStrong US results help drive record year at Hill & Smith
12th Mar 2024 07:21
(Sharecast News) - Infrastructure products and services provider Hill & Smith on Tuesday reported record annual results on the back of a strong performance from its US operations.
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