News Archive
Hays H1 adjusted operating profits fall amid hiring slowdown
16th Apr 2025 09:10
(Sharecast News) - Recruitment firm Hays said on Wednesday that adjusted operating profits had fallen in H1 as a slowdown in hiring continued to weigh on placement volumes and fees.
Read moreGear4Music acquires stock from GAK's administrators
16th Apr 2025 08:53
(Sharecast News) - Musical instruments retailer Gear4music said on Wednesday that it had purchased stock and certain intangible assets with a cost value of £1.8m from rival GAK's administrators for just £600,000.
Read moreAntofagasta maintains FY production guidance
16th Apr 2025 08:38
(Sharecast News) - Mining giant Antofagasta maintained its full-year production guidance of 660,000 to 700,000 tonnes on Wednesday despite seeing "significant volatility" in global markets.
Read moreDiscoverIE expecting record full-year underlying profits
16th Apr 2025 08:37
(Sharecast News) - DiscoverIE Group said in an update on Wednesday that it expects to report record underlying profits and earnings for the year ended 31 March, with full-year results set to come in slightly ahead of board expectations.
Read moreWH Smith 'well-positioned' for future growth
16th Apr 2025 08:01
(Sharecast News) - Retailer WH Smith said on Wednesday that it was "well-positioned for future growth" as a pure-play travel retailer after the segment turned in a strong H1 performance.
Read moreLondon open: Stocks fall as Nvidia warns of $5.5bn hit from US-China trade war
16th Apr 2025 08:00
(Sharecast News) - London stocks fell in early trade on Wednesday despite better-than-expected UK inflation data, with sentiment dented after US chipmaker Nvidia warned it will take a $5.5bn hit from Donald Trump's trade war with China.
Read moreMitie lifts profit outlook, announces £125m share buyback
16th Apr 2025 07:45
(Sharecast News) - Outsourcer Mitie lifted its full-year profit guidance on Wednesday following "continued good momentum" in the fourth quarter, and announced the launch of a £125m share buyback.
Read moreEurope open: Stocks pull back after recent gains
16th Apr 2025 07:44
(Sharecast News) - European stocks pulled back on Wednesday as investors took a breather after two days of solid gains, treading cautiously ahead of inflation data and a European Central Bank meeting.
Read moreUK inflation slows more than expected in March
16th Apr 2025 07:42
(Sharecast News) - UK consumer price inflation slowed more than expected in the year to March, according to data released on Wednesday by the Office for National Statistics.
Read moreLondon pre-open: Stocks to fall as investors mull China GDP, UK inflation
16th Apr 2025 07:36
(Sharecast News) - London stocks were set to fall at the open on Wednesday following downbeat sessions in the US and Asia, as investors mulled the latest China GDP data and UK inflation figures.
Read moreExtreme weather hits Rio Tinto's iron ore shipments in Q1
16th Apr 2025 07:27
(Sharecast News) - Diversified mining group Rio Tinto expects iron ore shipments at its Pilbara operation in Western Australia to be at the lower end of guidance due to losses as a result of extreme weather in the first quarter.
Read moreWednesday newspaper round-up: UK energy summit, Grant Thornton, Nvidia
16th Apr 2025 07:24
(Sharecast News) - China is to snub a major UK summit on energy security next week, the Guardian has learned, amid a growing row over the country's involvement in UK infrastructure projects. The US will send a senior White House official to the 60-country summit, to be co-hosted with the International Energy Agency. Leading oil and gas companies are also invited, along with big technology businesses, and petrostates including Saudi Arabia, Qatar and the United Arab Emirates. - Guardian
Read moreBarratt Redrow on track after stable quarter
16th Apr 2025 07:22
(Sharecast News) - Barratt Redrow said in an update on Wednesday that it remained on track to deliver full-year home completions in the range of 16,800 to 17,200, including around 600 joint venture homes, as it reported a stable trading performance in the 13 weeks to 30 March.
Read moreBrooks Macdonald on track to meet full-year expectations
16th Apr 2025 07:20
(Sharecast News) - Brooks Macdonald reported a 7% increase in funds under management and advice (FUMA) to £18.6bn for the three months ended 31 March on Wednesday, driven by market movements and the addition of advised-only assets through acquisition.
Read moreBunzl cuts full-year outlook, warns of tariff uncertainty
16th Apr 2025 07:04
(Sharecast News) - Bunzl has lowered its guidance for 2025 after a worse-than-expected start to the year, with profits down "significantly" in the first quarter due to a challenging economic backdrop.
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