News Archive
London pre-open: Stocks to edge up as investors eye US inflation data
29th Feb 2024 07:32
(Sharecast News) - London stocks were set to edge up at the open on Thursday as investors eyed a slew of UK earnings releases and key US inflation data.
Read moreThursday newspaper round-up: Non-dom rules, Dyson, Skipton
29th Feb 2024 07:26
(Sharecast News) - Jeremy Hunt is considering scrapping Britain's non-domiciled tax rules in next week's budget, it has been reported, in a move that would see him poach one of Labour's key fiscal policies. The decision is understood to be on a list of revenue-generating options drawn up for the chancellor and Rishi Sunak after economic estimates left them with less money than expected for tax cuts or spending pledges. - Guardian
Read moreHaleon sees higher sales in 2024 as FY profits come in flat
29th Feb 2024 07:23
(Sharecast News) - Consumer health firm Haleon on Thursday posted flat annual earnings and said it expected to grow revenue this year on higher demand.
Read moreWeir Group delivers strong 2023 profits as margins beat targets
29th Feb 2024 07:22
(Sharecast News) - Weir Group managed to deliver an 18% increase in adjusted profits in 2023 after beefing up margins more than expected as it pointed to further growth across the board this year.
Read moreGSK reaches settlement in another Zantac case
29th Feb 2024 07:22
(Sharecast News) - GSK announced a confidential settlement with Boyd/Steenvoord, effectively resolving a case filed in California state court over its discontinued heartburn drug Zantac.
Read moreAsia report: Markets mixed ahead of key US inflation data
29th Feb 2024 07:21
(Sharecast News) - Asia-Pacific markets experienced a mixed trading session on Thursday, with investors looking ahead to US inflation data to gauge the Federal Reserve's stance on interest rates.
Read moreOcado returns to profit in 2023
29th Feb 2024 07:21
(Sharecast News) - Ocado said on Thursday that it swung back to an underlying profit in 2023 as its joint venture with M&S returned to profit.
Read moreIAG profits fly past pre-pandemic levels on strong leisure demand
29th Feb 2024 07:08
(Sharecast News) - British Airways owner IAG on Thursday more than doubled annual profit as demand continued to rebound from the effects of the Covid pandemic.
Read moreSector movers: Company news-flow dominates ahead of key inflation readings
28th Feb 2024 17:01
(Sharecast News) - Stocks in the UK dipped on Wednesday as investors waited on the week's key economic reports, the inflation readings that were due out in the euro area and the US on the next day.
Read moreDirector dealings: Brickability CEO raises stake
28th Feb 2024 16:38
(Sharecast News) - Brickability Group revealed on Wednesday that chief executive Alan Simpson had acquired 553,642 ordinary shares in the AIM-listed construction materials distributor.
Read moreBroker tips: St James's Place, Intercontinental Hotels Group
28th Feb 2024 16:27
(Sharecast News) - Deutsche Numis put its rating on St James's Place under review from 'buy' on Wednesday after the wealth manager's full-year results.
Read moreEurope close: Stocks end slightly mixed
28th Feb 2024 15:47
(Sharecast News) - European stocks ended Wednesday's session in mixed fashion as investors stayed cautious ahead of a US inflation reading on Thursday, while shares in French call centre operator Teleperformance and UK wealth manager St James's Place both tanked.
Read moreDirect Line rejects £3.1bn takeover approach from Belgium's Ageas
28th Feb 2024 15:19
(Sharecast News) - Direct Line confirmed on Wednesday that it had rejected a £3.1bn takeover approach from Belgium's Ageas, as it significantly undervalued the group.
Read moreUS open: Stocks lower as traders look ahead to tomorrow's PCE reading
28th Feb 2024 15:15
(Sharecast News) - Wall Street stocks were in the red early on Wednesday as market participants awaited key inflation figures scheduled for tomorrow.
Read moreLondon close: Stocks slip as US GDP growth decelerates
28th Feb 2024 15:01
(Sharecast News) - London's equity markets experienced a downturn by the close on Wednesday, largely influenced by underperforming stocks such as St James's Place and Reckitt Benckiser, following disappointing financial results.
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