News Archive

Ultimate Products optimistic after 'resilient' year

29th Oct 2024 09:02

(Sharecast News) - Ultimate Products reported a 'resilient' financial performance for the year ended 31 July on Tuesday, in line with market expectations despite challenging conditions.

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Asia report: Most markets follow Wall Street higher

29th Oct 2024 09:00

(Sharecast News) - Asia-Pacific markets mostly rose on Tuesday, mirroring Wall Street's gains as investor optimism about upcoming major tech earnings helped lift sentiment across the region.

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Weaker sales of key drugs leads to mixed quarter for Novartis

29th Oct 2024 08:50

(Sharecast News) - Novartis reported a mixed third quarter on Tuesday, as the pharmaceutical giant lifted its profit outlook for the year but faced disappointing sales in key areas.

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Europe open: Banking stocks provide a lift early on

29th Oct 2024 08:39

(Sharecast News) - European stocks edged higher on Tuesday morning, helped by improving economic data in Germany, where consumer confidence improved more than expected.

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London open: Stocks edge up as BP, HSBC report; Budget eyed

29th Oct 2024 08:19

(Sharecast News) - London stocks edged higher in early trade on Tuesday as investors digested results from the likes of HSBC and BP and looked ahead to the Budget.

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Foxtons buys two commuter town estate agents for £12.6m

29th Oct 2024 08:16

(Sharecast News) - Foxtons said on Tuesday that it has bought two commuter town estate agents - Haslams and Imagine - for £12.6m.

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C&C reiterates full-year outlook despite washout summer

29th Oct 2024 08:14

(Sharecast News) - C&C Group said it remained on track to meet full-year expectations on Tuesday, despite washout summer weather hitting trading.

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Elementis delivers 'improved performance' in Q3

29th Oct 2024 08:02

(Sharecast News) - Speciality chemicals business Elementis said on Tuesday that it had delivered an "improved performance" in Q3, with revenue up 2% year-on-year.

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German consumer sentiment set to improve - GfK

29th Oct 2024 07:55

(Sharecast News) - German consumer sentiment is expected to improve in November, according to a survey released on Tuesday by GfK and the Nuremberg Institute for Market Decisions (NIM).

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Pearson upbeat after strong third quarter

29th Oct 2024 07:41

(Sharecast News) - Educational publisher Pearson reiterated its full-year outlook on Tuesday, after an uptick in quarterly sales.

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London pre-open: Stocks seen up on positive US cues; BP, HSBC in focus

29th Oct 2024 07:39

(Sharecast News) - London stocks were set to rise at the open on Tuesday following a solid session on Wall Street, as investors digested results from the likes of BP, HSBC and Hargreaves Lansdown.

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HSBC's third-quarter profits beat expectations

29th Oct 2024 07:27

(Sharecast News) - HSBC announced another $3bn share buyback on Tuesday as it posted better-than-expected third-quarter profits, underpinned by solid performances from the wealth and investment banking units.

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Tuesday newspaper round-up: Brexit border checks, Evri, UK bond sales

29th Oct 2024 07:24

(Sharecast News) - A lack of social mobility is costing the UK £19bn a year, a report produced by the cross-party thinktank Demos and the Co-op has found. The Social Mobility Commission, which advises the government, defines social mobility as "the link between a person's occupation or income and the occupation or income of their parents". - Guardian

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Vertu acquires Burrows Motor Company in £12.5m deal

29th Oct 2024 07:20

(Sharecast News) - Vertu Motors announced the acquisition of Burrows Motor Company on Tuesday, expanding its dealership network by nine outlets.

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Hargreaves Lansdown posts positive quarter ahead of its acquisition

29th Oct 2024 07:16

(Sharecast News) - Hargreaves Lansdown reported a positive quarter for the three months ended 30 September on Tuesday, with assets under administration (AuA) reaching £157.3bn.

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