News Archive
Brooks Macdonald underlying profit rises, international business falls short
7th Mar 2024 10:53
(Sharecast News) - Brooks Macdonald reported a strong first-half performance on Thursday, as its underlying profit before tax rose 18% to £17.1m, with its underlying profit margin climbing to 26.9%, although it did flag struggles in its international operations.
Read moreUS pre-open: Futures higher as Powell returns to Capitol Hill
7th Mar 2024 10:22
(Sharecast News) - Wall Street futures were in the green ahead of the bell on Thursday as all eyes remained firmly on Federal Reserve chairman Jerome Powell.
Read moreBerenberg lowers target price on Travis Perkins
7th Mar 2024 10:21
(Sharecast News) - Analysts at Berenberg lowered their target price on builders' merchant and home improvement retailer Travis Perkins from 880.p to 800.0p on Thursday, stating times were "still tough" for the company.
Read moreAnnual profits top $1bn at Beazley
7th Mar 2024 10:07
(Sharecast News) - Beazley announced plans to return cash to shareholders on Thursday, after annual profits at the Lloyds' of London insurer topped $1bn.
Read moreSerica maintains production guidance as year-end reserves expand
7th Mar 2024 10:04
(Sharecast News) - UK North Sea-focussed oil and gas firm Serica Energy said in an update on Thursday that as of 31 December, it had net proved plus probable, or '2P', reserves totaling 140 million barrels of oil equivalent.
Read moreAsia report: Markets mixed as China trade data beats forecasts
7th Mar 2024 10:03
(Sharecast News) - Stock markets across the Asia-Pacific region closed with a mixed performance on Thursday, with Japan's benchmark pulling back from recent record highs.
Read moreGrafton Group tops expectations despite some market weakness
7th Mar 2024 09:53
(Sharecast News) - Grafton Group reported a strong set of final results on Thursday, with the building materials distributor announcing a full-year adjusted operating profit of £205.5m, surpassing analysts' expectations.
Read moreDarktrace shares surge on 'strong' H1 results
7th Mar 2024 09:32
(Sharecast News) - Cyber security business Darktrace shares surged on Thursday as the group detailed a "strong 1H financial performance".
Read moreGerman factory orders plummet in January
7th Mar 2024 09:25
(Sharecast News) - German factory orders plunged in January, official data showed on Thursday, falling by far more than expected.
Read moreM&S co-CEO Bickerstaffe to retire after AGM in July
7th Mar 2024 09:25
(Sharecast News) - Marks & Spencer confirmed on Thursday that co-chief executive Katie Bickerstaffe will retire after the annual meeting in July "to pursue her board career".
Read moreFunding Circle shares soar on US exit plans and buyback programme
7th Mar 2024 09:16
(Sharecast News) - The share price of small business credit provider Funding Circle soared on Thursday after the company announced a new share repurchase programme to bolster its share price as well as plans to offload its US arm as management attempts to rightsize the business.
Read moreElementis FY operating profits grow, revenues slip
7th Mar 2024 09:03
(Sharecast News) - Chemicals company Elementis revealed on Thursday that adjusted operating profits had ticked up in 2023 despite seeing a modest dip in revenues for the year.
Read moreKier reinstates dividend as H1 profits grow
7th Mar 2024 08:46
(Sharecast News) - Construction, services and property group Kier said on Thursday that it was reinstating its dividend as it posted a rise in first-half profits.
Read moreAdmiral profits jump as customer numbers expand
7th Mar 2024 08:35
(Sharecast News) - Admiral Group reported a group profit before tax of £442.8m in its annual results on Thursday, making for an increase of 23% from the prior year.
Read moreEurope open: Stoxx weak ahead of ECB; Virgin surges on takeover
7th Mar 2024 08:27
(Sharecast News) - European markets were in the doldrums at the open on Thursday, with investors awaiting the outcome of the European Central Bank's policy meeting later in the day, while Virgin Money was in the spotlight after a £2.9bn takeover by Britain's Nationwide Building Society.
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