News Archive

Itim Group ends year ahead of market expectations

29th Feb 2024 13:45

(Sharecast News) - Itim Group reported a robust full-year financial performance in a trading update on Thursday, surpassing market expectations.

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US PCE inflation ebbs in January, consumption steady

29th Feb 2024 13:40

(Sharecast News) - Americans' personal incomes surged at the start of 2024, although that did not carry over into their spending.

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Karelian Diamond Resources makes progress in first half

29th Feb 2024 13:39

(Sharecast News) - Karelian Diamond Resources reported progress in obtaining a mining concession for the Lahtojoki diamond deposit in its first-half results on Thursday.

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US jobless claims rise during latest week

29th Feb 2024 13:16

(Sharecast News) - Unemployment claims in the U.S. moved higher during the preceding weeks, especially those not being filed for the first time.

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Vodafone rallies on 'RARE' Betaville report

29th Feb 2024 13:11

(Sharecast News) - Vodafone rallied on Thursday amid takeover speculation.

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Oncimmune revenue falls as it implements new strategy

29th Feb 2024 13:04

(Sharecast News) - Oncimmune reported revenue of £2.1m in its final results on Thursday, down from £3.8m for the prior extended 15-month period, with revenue from continuing operations totalling £1.2m.

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The Body Shop to close 75 stores across the UK

29th Feb 2024 12:43

(Sharecast News) - The Body Shop is to close a further 75 stores, it was confirmed on Thursday, with the loss of nearly 500 jobs.

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Citi ups target for Melrose on strong cash generation

29th Feb 2024 12:36

(Sharecast News) - Citi has lifted its target price for aerospace manufacturing group Melrose from 620p to 735p and placed the stock on 'catalyst watch' ahead of company's results next week, hailing the company cash-generating abilities.

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Europe midday: DAX hits record high as investors eye US PCE

29th Feb 2024 11:59

(Sharecast News) - European markets were higher on Thursday as investors digested another dump of corporate earnings and looked ahead to inflation data in the US and Europe, while German shares hit record highs in the morning session.

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OECD's Lombardelli named BoE deputy governor

29th Feb 2024 11:49

(Sharecast News) - The Bank of England has appointed OECD chief economist Clare Lombardelli a deputy governor, it was announced on Thursday.

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US pre-open: Futures trade lower ahead of core PCE reading

29th Feb 2024 11:48

(Sharecast News) - Wall Street futures were in the red ahead of the bell on Thursday as investors awaited the release of January's all-important core PCE figures.

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CVS posts first-half growth as CMA market probe continues

29th Feb 2024 11:18

(Sharecast News) - UK veterinary service provider CVS Group reported an 11.4% increase in revenue in its interim results on Thursday, to £329.9m, with a like-for-like sales growth of 6%.

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Mortgage approvals continue to rise - BoE

29th Feb 2024 11:10

(Sharecast News) - Mortgage approvals pushed higher in January, official data showed on Thursday, hitting the highest level since the government's disastrous mini budget in 2022.

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London midday: FTSE maintains gains after mortgage approvals, ahead of US PCE

29th Feb 2024 10:52

(Sharecast News) - London stocks were still firmer by midday on Thursday as investors digested a slew of UK earnings releases and the latest mortgage approvals figures, and looked to a key US inflation reading.

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Hunting earnings jump as it diversifies revenue sources

29th Feb 2024 10:39

(Sharecast News) - Hunting reported a 19% rise in its order book in its full-year results on Thursday. to $565.2m, accompanied by a 28% increase in revenue to $929.1m.

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