News Archive
Europe open: Shares lower on caution; Worldline surges on results
28th Feb 2024 08:17
(Sharecast News) - European stocks were slightly lower at the open on Wednesday as investors stayed cautious ahead of a US inflation reading on Thursday.
Read moreLondon open: FTSE edges lower as St James's Place, Reckitt slump
28th Feb 2024 08:12
(Sharecast News) - London stocks were a little weaker in early trade on Wednesday, with St James's Place and Reckitt Benckiser under the cosh after disappointing results.
Read moreHalfords shares tank as weak consumer backdrop leads to profit warning
28th Feb 2024 08:03
(Sharecast News) - Shares in auto and bike parts retailer Halfords plummeted on Wednesday after the company delivered a surprise profit warning with just one month to go before the end of its financial year and said there would be no profit growth next year.
Read moreThames Water calls for higher bills as it looks to stay afloat - report
28th Feb 2024 07:47
(Sharecast News) - Thames Water is lobbying both government and the regulator to allow it to raise bills, pay dividends and avoid swingeing fines, it was reported on Wednesday.
Read moreAston Martin halves losses on record prices
28th Feb 2024 07:46
(Sharecast News) - UK luxury carmaker Aston Martin Lagonda more than halved annual losses last year, driven by higher prices for its high-end vehicles.
Read moreJust Eat guides to strong profit growth in 2024
28th Feb 2024 07:43
(Sharecast News) - Takeaway group Just Eat delivered adjusted profits ahead of its own forecasts for 2023 and predicted a 39% jump in earnings this year as gross transaction value (GTV) excluding North America returned to growth.
Read moreSt James's Place swings to loss as it sets aside £426m for client refunds
28th Feb 2024 07:37
(Sharecast News) - Wealth manager St James's Place tumbled on Wednesday after saying it swung to a full-year loss and slashing its dividend, as it set aside £426m for potential client refunds.
Read moreLondon pre-open: Stocks seen up ahead of US GDP
28th Feb 2024 07:35
(Sharecast News) - London stocks were set to nudge up at the open on Wednesday as investors eyed the latest US growth numbers.
Read moreWednesday newspaper round-up: HMRC, Chinese EVs, Klarna
28th Feb 2024 07:30
(Sharecast News) - Customer service levels at HM Revenue and Customs have sunk to an "all-time low", parliament's spending watchdog has said. Users regularly encounter long call-waiting times as the tax department apparently struggles to cope with demand, a report by the cross-party public accounts committee (PAC) has found. As demands on HMRC grow, the authority has not been given the resources needed to staff its phone lines, the report said. - Guardian
Read moreSegro raises £907m in placing to pursue growth opportunities
28th Feb 2024 07:25
(Sharecast News) - Real estate investment trust Segro said on Wednesday that it had raised gross proceeds of £907m in a placing to pursue additional growth opportunities.
Read moreDrax secures capacity deals, faces fresh sourcing scrutiny
28th Feb 2024 07:23
(Sharecast News) - Drax Group announced provisional agreements secured through the recent T-4 capacity market auctions on Wednesday, as it also faced fresh scrutiny over its sourcing practices.
Read moreTaylor Wimpey sees fewer builds in 2024 as profits slump
28th Feb 2024 07:17
(Sharecast News) - UK housebuilder Taylor Wimpey said current trading was showing "some encouraging signs of improvement" but would still build fewer homes this year as 2023 profits almost halved on higher mortgage rates and weaker demand.
Read moreVodafone to sell Italian operations to Swisscom for €8bn
28th Feb 2024 07:10
(Sharecast News) - Vodafone has confirmed media speculation that it intends to sell its Italian operations to Swiss telecoms group Swisscom for an enterprise value of €8bn.
Read moreUS close: Stocks mixed as investors turn cautious ahead of data
27th Feb 2024 23:14
(Sharecast News) - US stocks finished mixed on Tuesday with markets rangebound as risk sentiment receded ahead of key economic data later in the week.
Read moreFCA looks to expedite cases and improve transparency
27th Feb 2024 17:42
(Sharecast News) - The Financial Conduct Authority (FCA) announced plans to expedite and improve the transparency of its enforcement cases on Tuesday, in a bid to increase the deterrent effect of its actions.
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