News Archive
Eurozone producer-price deflation eased in January
5th Mar 2024 11:51
(Sharecast News) - Producer-price deflation in the eurozone cooled in January, as the drop in energy prices was significantly less than the previous month.
Read moreEurope midday: EZ PMI lifts mood but shares still red
5th Mar 2024 11:50
(Sharecast News) - European stocks trimmed losses at midday as positive survey data from the eurozone helped to lift the subdued mood amid another dump of corporate earnings and ahead of the European Central Bank's rate-setting meeting on Thursday.
Read moreTarget
5th Mar 2024 11:47
(Sharecast News) - Shares in Target surged in pre-market trade on Tuesday after the American retail giant beat forecasts with its crucial holiday-quarter results despite seeing annual sales decline for the first time in seven years.
Read moreXP Power revenue rises despite slower order intake
5th Mar 2024 11:45
(Sharecast News) - XP Power reported a 42% decrease in order intake in its annual results on Tuesday, to £208.8m, while revenue saw a modest uptick of 9% to £316.4m.
Read moreHunt to cut National Insurance by 2p in Budget - report
5th Mar 2024 11:25
(Sharecast News) - Chancellor Jeremy Hunt will reportedly use his Budget on Wednesday to cut national insurance by a further two percentage points for 27m workers in a move worth £450 on average
Read moreUS pre-open: Futures trade lower as Nasdaq retreats from record high
5th Mar 2024 11:10
(Sharecast News) - Wall Street futures were in the red ahead of the bell on Tuesday as stocks looked set to pick up where they left off yesterday.
Read moreLondon midday: Stocks pare losses as investors mull Budget rumours, services data
5th Mar 2024 10:53
(Sharecast News) - London stocks had pared earlier losses to trade flat by midday on Tuesday, as investors mulled the latest Budget rumours, services and retail sales figures and a slew of corporate news.
Read moreUK services sector growth eases in February
5th Mar 2024 10:23
(Sharecast News) - The UK services sector continued to grow in February, albeit at a slower pace, according to a survey released on Tuesday.
Read moreFoxtons profits drop amid 'challenging' sales market
5th Mar 2024 10:12
(Sharecast News) - London estate agent Foxtons posted a decline in full-year pre-tax profits on Tuesday amid "challenging" conditions in the sales market.
Read moreApax Global Alpha net asset value stable at year-end
5th Mar 2024 10:01
(Sharecast News) - Apax Global Alpha reported an adjusted net asset value of €1.29bn at year-end in its 2023 results on Tuesday, down slightly from €1.30bn at the end of 2022, and translating to an adjusted net asset value per share of €2.62 or £2.27.
Read morePetrofac's creditor talks continue as firm looks to strengthen balance sheet
5th Mar 2024 10:00
(Sharecast News) - Petrofac has said that work to bolster its balance sheet is ongoing as it continues to have active discussions with stakeholders and lenders for performance guarantees in order to fund ongoing work.
Read moreJP Morgan raises target price on Trustpilot
5th Mar 2024 09:49
(Sharecast News) - Analysts at JP Morgan raised their target price on review website operator Trustpilot from 190.0p to 250.0p on Tuesday, stating earnings momentum looked set to continue as the group transitions into a fast-growing free cashflow generator.
Read moreUK car registrations rise YOY in February, business and fleet sales drive growth
5th Mar 2024 09:48
(Sharecast News) - New car registrations rose 14.0% to 84,886 units last month, according to the Society of Motor Manufacturers and Traders, delivering the best February performance since 2004.
Read moreSIG swings to loss amid 'challenging markets'
5th Mar 2024 09:40
(Sharecast News) - Building products distributor SIG was under the cosh on Tuesday after saying it swung to a full-year loss as sales were flat in "challenging markets".
Read moreAsia report: Stocks mixed as China lays out 2024 growth plans
5th Mar 2024 09:38
(Sharecast News) - Asia-Pacific equity markets closed in a mixed state on Tuesday, with a varied performance across the region.
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