News Archive
UK 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.
Read moreChina sets 2024 GDP growth target at 5pc
5th Mar 2024 09:37
(Sharecast News) - China revealed its growth target for 2024 overnight on Tuesday, aiming for a GDP rise of "around 5%", as per the Government Work Report released during the annual National People's Congress.
Read moreEurope open: Shares down as traders look for direction ahead of ECB
5th Mar 2024 09:23
(Sharecast News) - European stocks were lower at the open as the recent rally evaporated and investors struggled for direction amid another dump of corporate earnings and ahead of the European Central Bank's rate-setting meeting on Thursday.
Read moreCEVA Logistics won't increase takeover offer for Wincanton
5th Mar 2024 09:20
(Sharecast News) - CEVA Logistics, a unit of French shipping firm CMA CGM, said on Tuesday that it won't be upping its takeover offer for Wincanton any further, after being outdone by Clipper Logistics owner GXO Logistics last week.
Read moreIntertek FY profits grow on improved revenues
5th Mar 2024 09:16
(Sharecast News) - Laboratory testing group Intertek said on Tuesday that profits had grown in 2023, driven by improved full-year revenues and margins.
Read moreEurozone services sector activity hits seven-month high - PMI
5th Mar 2024 09:14
(Sharecast News) - Business activity in the eurozone's key services sector picked up to a seven-month high in February, according to a survey published on Tuesday.
Read moreFresnillo delivers 'sound' 2023 despite profits falling 54%
5th Mar 2024 08:52
(Sharecast News) - Shares in Fresnillo gained on Tuesday after the Mexico-focused precious metals miner celebrated a "sound operating performance" in 2023 despite profits dropping by more than a half.
Read moreKeller lifts dividend as profits soar
5th Mar 2024 08:42
(Sharecast News) - Geotechnical specialist contractor Keller Group more than doubled annual earnings and lifted its dividend by 20%.
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