News Archive
RWS trading in line after resilient year
22nd Feb 2024 14:02
(Sharecast News) - Language, content and intellectual property technology specialist RWS Holdings said in an update on Thursday that during the 2023 financial year, it made significant strides in executing its medium-term strategy, evidenced by client acquisitions, technological advancements, and growth initiatives.
Read moreTracsis progresses shift to SaaS model in first half
22nd Feb 2024 13:56
(Sharecast News) - Transport technology provider Tracsis said in a trading update on Thursday that it continued its progress in executing its strategic plans for growth in its first half, as it transitioned to a broader software-as-a-service (SaaS) operating model.
Read moreShoreCap upgrades Mitchells & Butlers to 'buy'
22nd Feb 2024 13:54
(Sharecast News) - Shore Capital upgraded Mitchells & Butlers on Thursday to 'buy' from 'hold' as it said robust trading year-to-date points to strong trading in FY24.
Read moreSylvania Platinum confident despite revenue slide
22nd Feb 2024 13:50
(Sharecast News) - South Africa-focussed platinum group metals (PGM) producer Sylvania Platinum announced first-half net revenue of $40.8m on Thursday, a decrease from $79.9m in the first half of the 2023 financial year, which it attributed to a drop in basket price in dollar terms.
Read moreUS existing home sales rise 3.1% in January
22nd Feb 2024 13:23
(Sharecast News) - US existing home sales rose 3.1% month-on-month in January, according to the National Association of Realtors.
Read moreUS composite PMI eases as service-sector growth slows
22nd Feb 2024 13:05
(Sharecast News) - Private-sector activity growth in the US eased slightly in February, according to figures released on Thursday by S&P Global, as a slight slowdown in the services sector outweighed an acceleration in manufacturing.
Read moreOvo appoints former Sainsbury's CEO Justin King as chair
22nd Feb 2024 12:58
(Sharecast News) - Energy supplier Ovo said on Thursday that it has appointed Justin King - the former chief executive of Sainsbury's - as its chairman.
Read moreDeutsche Numis lowers target price on Hargreaves Lansdown
22nd Feb 2024 12:31
(Sharecast News) - Analysts at Deutsche Numis lowered their target price on financial services giant Hargreaves Lansdown from 1,043.0p to 996.0p on Thursday despite the firm's interim results coming in "a little ahead".
Read moreUS initial jobless claims hit lowest level in five weeks
22nd Feb 2024 11:59
(Sharecast News) - Americans lined up for state benefits at a decelerated pace in the week ended 17 February, according to the Labor Department, hitting the lowest level for new claims in five weeks.
Read moreAI boom sees earnings rocket at Nvidia
22nd Feb 2024 11:55
(Sharecast News) - Shares in Nvidia sparked on Thursday, after the US chipmaker saw sales surge on booming demand for artificial intelligence.
Read moreModerna posts surprise profit, shares spark
22nd Feb 2024 11:49
(Sharecast News) - Moderna posted a surprise quarterly profit on Thursday, despite sales of its Covid vaccine continuing to slide.
Read moreEurope midday: Shares slip off record high; Indivior surges on US move plans
22nd Feb 2024 11:17
(Sharecast News) - European shares slipped off record highs on Thursday, but momentum continued to be driven by a rally in global equities and signs that the eurozone downturn was easing.
Read moreMarlowe sells software and service assets in £430m deal
22nd Feb 2024 11:13
(Sharecast News) - Business service and regulatory software company Marlowe announced a deal to divest specific governance, risk and compliance (GRC) software and service assets on Thursday.
Read moreNestlé shares fall as food giant warns of sales slowdown
22nd Feb 2024 11:08
(Sharecast News) - Shares in Nestlé dropped on Thursday after the food and drink giant said that organic growth would slow this year
Read moreLondon midday: FTSE edges up as Rolls-Royce rallies; PMI in focus
22nd Feb 2024 11:03
(Sharecast News) - London stocks had edged higher by midday on Thursday as investors cheered solid results from US AI chipmaker Nvidia overnight and strong numbers from engine maker Rolls-Royce.
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