News Archive

Europe open: Stoxx joins Nikkei and hits record high as global equities surge

22nd Feb 2024 08:21

(Sharecast News) - European shares hit record levels at the open on Thursday, driven by a rally in global equities that saw Japan's blue-chip Nikkei index also reach an all-time high.

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Morgan Sindall hails record FY results despite 'market headwinds'

22nd Feb 2024 08:13

(Sharecast News) - Construction group Morgan Sindall hailed "record" full-year results on Thursday despite market headwinds.

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Hays shares fall on slump in fee income, weak jobs market

22nd Feb 2024 08:11

(Sharecast News) - Shares in Hays fell on Thursday as the embattled global recruitment firm as it reported weaker fee income on the back of an uncertain jobs market.

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Beazley updates guidance on undiscounted combined ratio

22nd Feb 2024 08:05

(Sharecast News) - Insurance firm Beazley updated guidance on its undiscounted combined ratio on Thursday and announced an additional capital return programme.

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Hikma lifts dividend after double-digit growth in 2023

22nd Feb 2024 07:51

(Sharecast News) - Hikma Pharmaceuticals impressed the market with its annual results on Thursday as it bumped up its dividend by almost a third following double-digit growth in core revenues and profits in 2023.

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UK consumer confidence eases in February - GfK

22nd Feb 2024 07:48

(Sharecast News) - Consumer confidence faltered in February, a closely-watched survey showed on Friday, as concerns about the economy continued to weigh heavily.

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London pre-open: Stocks seen up after positive Asian session

22nd Feb 2024 07:40

(Sharecast News) - London stocks were set for a firmer open on Thursday following a positive session in Asia and well-received results from US AI chipmaker Nvidia, with results from Lloyds, Rolls-Royce and WPP in focus on home shores.

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WPP flags flat revenue growth amid some market struggles

22nd Feb 2024 07:37

(Sharecast News) - Advertising giant WPP reported a resilient year in its preliminary results on Thursday, as revenue and like-for-like profits rose, although reported profits tumbled.

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Mondi profits fall on weaker demand, prices

22nd Feb 2024 07:36

(Sharecast News) - Paper and packaging giant Mondi reported lower full-year profits on the back of weaker demand and lower prices, with the latter continuing into the first quarter of 2024.

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Rolls-Royce full-year profits more than double

22nd Feb 2024 07:33

(Sharecast News) - Rolls-Royce reported a more than doubling of its full-year profits on Thursday, underpinned by its civil aerospace segment.

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Anglo American slashes dividend as annual profits sink

22nd Feb 2024 07:33

(Sharecast News) - Mining group Anglo American has slashed its annual dividend by a half after seeing profits plunge in 2023 on the back of impairments and downturns in the platinum and diamond markets.

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Thursday newspaper round-up: Online slot machines, Vauxhall, Body Shop

22nd Feb 2024 07:31

(Sharecast News) - The government is set to impose new limits of as little as £2 a spin for online slot machines, the Guardian understands, in a move that could cost casino companies hundreds of millions of pounds. Ministers have been consulting on imposing a maximum stake for the digital casino-style games since publishing a white paper on gambling reform last year. - Guardian

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ME Group delivers 'year of record financial performance'

22nd Feb 2024 07:26

(Sharecast News) - Instant-service equipment business ME Group said on Thursday that it had delivered a "year of record financial performance", with both revenues and profits growing in the 12 months ended 31 October.

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Coca-Cola HBC buys Irish vending-machine firm BDS

22nd Feb 2024 07:19

(Sharecast News) - Coca-Cola HBC, the Switzerland-based bottling partner of the Coca-Cola Company, has announced it is snapping up an Irish vending-machine business to "unlock profitable opportunities".

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Lloyds FY profit soars, puts aside £450m for motor finance probe

22nd Feb 2024 07:03

(Sharecast News) - Lloyds Bank on Thursday reported a 57% jump in full-year profits and announced another £2bn share buyback, but also set aside £450m for the regulatory probe into UK motor financing.

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