News Archive

Europe midday: Shares pare gains as tensions with Russia ratchet up

20th Nov 2024 11:26

(Sharecast News) - European shares trimmed morning gains on Wednesday as continuing geopolitical tensions in Ukraine hit sentiment.

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Silverbullet wins £1.5m worth of new contracts

20th Nov 2024 11:23

(Sharecast News) - Silverbullet reported strong trading in its fourth quarter on Wednesday, marked by record-breaking performance in October and new contracts worth £1.5m.

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Tracsis confident after year of transformation

20th Nov 2024 11:12

(Sharecast News) - Transport technology specialist Tracsis reported full-year revenue of £81m on Wednesday, a slight 1% decline, while adjusted EBITDA fell 20% to £12.8m, resulting in an EBITDA margin of 15.7%.

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Greencoat Renewables sells Kokkoneva wind farm for 6pc premium

20th Nov 2024 11:03

(Sharecast News) - Greencoat Renewables announced on Wednesday that it has finalised the sale of its 43.2 MW Kokkoneva wind farm in Finland to Aneo, a Norwegian renewable energy company and one of the largest onshore wind asset owners in Norway.

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House prices push higher in September - UK HPI

20th Nov 2024 10:56

(Sharecast News) - UK house prices continued to grow in September, official data showed on Wednesday, despite weakness in the London market.

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Equals announces another extension to takeover deadline

20th Nov 2024 10:55

(Sharecast News) - Equals Group announced another extension to the 'put up or shut up' (PUSU) deadline on Wednesday, for a potential all-cash acquisition by a consortium led by Embedded Finance (Railsr), TowerBrook Capital Partners, and JC Flowers.

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London midday: FTSE flat as investors mull higher-than-expected inflation

20th Nov 2024 10:37

(Sharecast News) - London stocks had pared earlier small gains to trade flat by midday on Wednesday as higher-than-expected UK inflation fuelled expectations the Bank of England will refrain from cutting rates next month.

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US pre-open: Quiet start expected as markets prepare for Nvidia earnings

20th Nov 2024 10:25

(Sharecast News) - US stock futures were pointing to a subdued start on Wall Street on Wednesday as investors scale back risk appetite ahead of Nvidia's latest quarterly earnings with geopolitical tensions with Russia rumbling on in the background.

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Citi reassured by Informa update on "robust" trading

20th Nov 2024 09:53

(Sharecast News) - Citi has reiterated its 'buy' rating for Informa after a "robust" trading update from the B2B publishing and events group this week, saying that shareholders should be reassured that underlying trends are strong.

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Eurozone construction output edges lower

20th Nov 2024 09:53

(Sharecast News) - Construction output in the eurozone slipped slightly in September after stagnating the previous month, according to figures released on Wednesday by Eurostat.

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Asia report: Markets mixed as Japan exports beat forecasts

20th Nov 2024 09:33

(Sharecast News) - Asia-Pacific markets experienced mixed performances on Wednesday as investors digested China's decision to maintain its benchmark lending rates and Japan's stronger-than-expected trade data.

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Knights Group pleased with solid first half

20th Nov 2024 09:33

(Sharecast News) - Knights Group reported a robust half-year performance in an update on Wednesday, with underlying profit before tax rising 25.9% to £14.6m, compared to £11.6m in the same period last year.

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Renold reports steady first-half performance

20th Nov 2024 09:25

(Sharecast News) - Industrial chain and power transmission specialist Renold reported a steady performance for the six months ended 30 September on Wednesday, with revenue up 0.6% at constant exchange rates to £123.4m.

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Softcat first-quarter trading in line, customer demand 'resilient'

20th Nov 2024 09:23

(Sharecast News) - IT infrastructure and services provider Softcat said on Wednesday that first-quarter trading was in line with guidance.

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FRP Advisory upbeat after robust first half

20th Nov 2024 09:18

(Sharecast News) - FRP Advisory Group reported a robust first-half performance in an update on Wednesday, with revenue rising 32% year-on-year to £77.6m, driven by 23% organic growth and 9% contribution from acquisitions.

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