News Archive

Silver Bullet Data extends contract with Mars Petcare US

27th Feb 2024 09:43

(Sharecast News) - Digital solutions company Silver Bullet Data Services said on Tuesday that it has secured an extended contract with Mars Petcare US.

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Berenberg slightly raises target price on Hikma Pharmaceuticals

27th Feb 2024 09:40

(Sharecast News) - Analysts at Berenberg raised their target price on drugmaker Hikma Pharmaceuticals from 1,960.0p to 2,000.0p on Tuesday, citing more stability in its generics unit.

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Rentokil offers "extremely good value", says RBC

27th Feb 2024 09:40

(Sharecast News) - RBC Capital Markets has reiterated an 'outperform' rating and 575p target price for Rentokil Initial ahead of the pest control group's full-year results next week.

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Uniphar posts robust set of full-year results

27th Feb 2024 09:35

(Sharecast News) - Healthcare services company Uniphar reported a robust set of preliminary results on Tuesday, with EBITDA rising 17.7%, as it achieved a return on capital employed of 15.2% and maintained year-end leverage at 1.6x.

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Asia report: Most markets give up gains, Japan inflation slows

27th Feb 2024 09:34

(Sharecast News) - Asia-Pacific markets finished with a mixed performance on Tuesday with Hong Kong's stocks leading the declines, while Japan's Nikkei surrendered most of its earlier gains by the end of trading.

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Shein considers switching IPO from New York to London

27th Feb 2024 09:29

(Sharecast News) - Fast fashion retailer Shein was said to be looking at switching its proposed $90.0bn initial public offering from New York to London as a result of regulatory hurdles to the listing in the US.

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Wednesday preview: US Q4 GDP, Reckitt Benckiser in focus

27th Feb 2024 09:12

(Sharecast News) - All eyes on Wednesday will be on a revised reading for fourth quarter U.S. gross domestic product growth.

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McBride lifts full-year outlook, shares surge

27th Feb 2024 08:58

(Sharecast News) - McBride surged on Tuesday as the cleaning products manufacturer lifted it full-year outlook for adjusted operating profit, citing good levels of demand for retailers' own brands.

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Victorian Plumbing confident despite fall in average order value

27th Feb 2024 08:14

(Sharecast News) - Bathroom retailer Victorian Plumbing said in a trading update on Tuesday that it had seen a 3% reduction in average order value in the first 21 weeks of the financial year.

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London open: Stocks nudge up as investors eye inflation data; Smith & Nephew rallies

27th Feb 2024 08:11

(Sharecast News) - London stocks nudged higher in early trade on Tuesday as investors erred on the side of caution ahead of key inflation data later this week.

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On the Beach, Ryanair sign long-term distribution agreement

27th Feb 2024 08:09

(Sharecast News) - On the Beach said on Tuesday that it has signed a long-term distribution agreement with Ryanair, despite the latter having recently branded the online travel agent a "pirate" and accused it of marking up prices.

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Europe open: Shares shake off weaker Wall St to post gains

27th Feb 2024 08:00

(Sharecast News) - European markets defied expectations and opened slightly higher on Tuesday, despite a weaker showing on Wall Street as the recent equities rally ran out of steam.

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Woodside delivers record output but falling prices hit profits

27th Feb 2024 07:58

(Sharecast News) - Australian liquefied natural gas company Woodside Energy delivered a record production performance in 2023, but both profits and revenues fell sharply falling prices outweighed an increase in sales volumes.

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Abrdn FY losses narrow; transformation programme underway

27th Feb 2024 07:53

(Sharecast News) - Fund manager Abrdn said on Tuesday that it has started work on its plans to cut around 500 jobs as part of a cost-reduction programme that is running ahead of targets, as it posted a narrowing of its full-year losses but warned of a hit to margins as clients shift to passive investing.

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Endeavour expects first gold from Sabodala-Massawa in May

27th Feb 2024 07:48

(Sharecast News) - Mining group Endeavour has announced that wet commissioning activities are now underway at the Sabodala-Massawa Expansion project in Senegal, with first gold expected in early May.

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