News Archive
London midday: Stocks a little firmer ahead of Budget, Powell speech
6th Mar 2024 11:29
(Sharecast News) - London stocks were still a little firmer by midday on Wednesday as investors eyed the Spring Budget and a speech by US Federal Reserve chair Jerome Powell.
Read moreChancellor trims National Insurance in pre-election Budget
6th Mar 2024 11:25
(Sharecast News) - The chancellor of the exchequer cut National Insurance and pledged to overhaul the tax regime for non-domiciled residents on Wednesday, in what was likely his last Budget before the next general election.
Read moreEurope midday: Stoxx extends gains ahead of UK Budget, Powell testimony
6th Mar 2024 11:06
(Sharecast News) - European shares extended gains on Wednesday as investors awaited the UK's spring budget statement and testimony from US Federal Reserve Chair Jerome Powell.
Read moreEurozone retail sales inched higher in January
6th Mar 2024 10:57
(Sharecast News) - Retail sales in the eurozone rebounded slightly in January while December's decline was revised upwards, according to figures out on Wednesday from Eurostat.
Read moreGalliford Try lifts dividend as H1 profits jump
6th Mar 2024 10:44
(Sharecast News) - Construction firm Galliford Try posted a jump in first-half profit and revenue on Wednesday as it hailed growth in both the building and infrastructure segments, and lifted its dividend.
Read moreAsia report: Stocks mixed as Aussie economy grows modestly
6th Mar 2024 10:43
(Sharecast News) - Asia-Pacific markets experienced a mixed close on Wednesday, with most bourses managing gains by the end of the day, as Hong Kong led the risers.
Read moreOxford Nanopore delays breakeven target as Covid revenue falls away
6th Mar 2024 10:30
(Sharecast News) - Molecular sensing technology developer Oxford Nanopore Technologies reported a fall in total revenue in its preliminary results for 2023 on Wednesday, despite a surge in life science research tool revenue, as it pushed out its forecast for reaching breakeven.
Read moreCapita slumps to full-year loss, shares plummet
6th Mar 2024 10:27
(Sharecast News) - Shares in Capita plummeted on Wednesday, after last year's cyberattack helped pushed the outsourcing giant heavily into the red.
Read moreNichols profits rise as OoH restructuring pays off
6th Mar 2024 09:42
(Sharecast News) - Shares in Vinto and Slush Puppie maker Nichols rose strongly on Wednesday after the drinks group reported increased profits for 2023, helped by the exit from unprofitable businesses within the Out of Home division, and pointed to further growth this year.
Read moreDigital 9 Infrastructure gets regulatory approval to sell Verne Global
6th Mar 2024 09:28
(Sharecast News) - Digital 9 Infrastructure surged on Wednesday after saying it had received regulatory approval to sell Verne Global, paving the way for it to potentially wind down and return funds to shareholders.
Read moreGerman trade surplus widens as exports rally
6th Mar 2024 09:26
(Sharecast News) - German exports rallied in January, official data showed on Wednesday, reversing the sharp falls seen at the end of last year.
Read moreJefferies upgrades Experian as volumes stabilise, growth accelerates
6th Mar 2024 09:04
(Sharecast News) - Jefferies has upgraded its rating on Experian from 'hold' to 'buy' and hiked its target price by nearly 40%, saying that growth is at an inflection point for the data analytics and credit ratings agency.
Read moreLancashire Holdings declares special dividend after strong year
6th Mar 2024 09:04
(Sharecast News) - Lancashire Holdings reported substantial profit growth and strong underwriting results in its final results on Wednesday.
Read moreIAG flies higher after double upgrade to 'overweight' by JPMorgan
6th Mar 2024 08:45
(Sharecast News) - BA and Iberia owner IAG flew higher on Wednesday as JPMorgan Cazenove double upgraded the shares to 'overweight' from 'underweight' and lifted the price target to €2.50 from €1.45.
Read moreEurozone construction activity still subdued despite Feb uptick - PMI
6th Mar 2024 08:44
(Sharecast News) - The contraction in eurozone construction sector continued halfway through the first quarter of the year, despite a slight uptick in activity last month, according to a purchasing managers index (PMI) released on Wednesday.
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