News Archive
Berenberg hikes target price on GSK
15th Feb 2024 11:02
(Sharecast News) - Analysts at Berenberg hiked their target price on drugmaker GSK from £16.50 to £18.20 on Thursday, stating the group was moving closer to offsetting losses associated with the expiry of its patent on HIV drug dolutegravir.
Read moreEurope midday: Earnings drive Stoxx; FTSE struggles on weak GDP
15th Feb 2024 10:53
(Sharecast News) - European stock markets were higher at the open with strong corporate results boosting sentiment, despite the UK entering a technical recession on the day the beleaguered ruling Conservative Party faced two by-elections.
Read moreSwisscom sole bidder for Vodafone's Italian assets - report
15th Feb 2024 10:47
(Sharecast News) - Swisscom has become the sole party still in discussions with Vodafone Group about its Italian assets, it was reported on Thursday.
Read moreLondon midday: Stocks dip as investors mull GDP; airlines fly higher
15th Feb 2024 10:46
(Sharecast News) - London stocks had dipped into the red by midday on Thursday as investors mulled news that the UK fell into recession at the end of 2023.
Read moreEnquest delivers 'another good year' of operational performance
15th Feb 2024 10:18
(Sharecast News) - Exploration and production company Enquest said on Thursday that it had delivered "another good year of operational performance" in 2023, with production averaging 43,812 barrels of oil equivalent per day, in line with the mid-point of guidance.
Read moreJPMorgan sees scope for Auto Trader to underperform
15th Feb 2024 09:53
(Sharecast News) - JPMorgan Cazenove struck a cautious note on the outlook for Auto Trader on Thursday as it took a look at the UK automotive retail sector.
Read moreAsia report: Most markets rise as Japan's economy unexpectedly shrinks
15th Feb 2024 09:51
(Sharecast News) - Asia-Pacific markets mostly rebounded on Thursday, with Japan's benchmark index closing above 38,000 points for the first time since 1990.
Read moreAirbus proposes special dividend, reports strong FY earnings
15th Feb 2024 09:40
(Sharecast News) - Aerospace corporation Airbus declared a special dividend on Thursday as it detailed a strong set of full-year results, with order intake and adjusted underlying earnings both increasing in the twelve months ended 31 December.
Read moreInterim profits slide at MJ Gleeson
15th Feb 2024 09:38
(Sharecast News) - MJ Gleeson posted a slide in half-year profits on Thursday, but flagged "encouraging" signs of improving demand for the rest of the year.
Read moreRBC Capital upgrades Transact owner IntegraFin to 'outperform'
15th Feb 2024 09:33
(Sharecast News) - RBC Capital Markets upgraded Transact owner IntegraFin Holdings on Thursday to 'outperform' from 'sector perform' and lifted the price target to 330p from 280p.
Read moreBHP readies £5.3bn for exceptional items in H1
15th Feb 2024 09:19
(Sharecast News) - Mining group BHP said on Thursday that it will be hit with two first-half exceptional items totalling £5.3bn.
Read moreRenault shares surge on dividend boost
15th Feb 2024 09:14
(Sharecast News) - Shares in Renault made strong gains on Thursday after the French carmaker rewarded investors with a large dividend hike.
Read moreGenus tumbles after warning on full-year profits
15th Feb 2024 09:07
(Sharecast News) - Genus shares tumbled on Thursday as the animal genetics company warned on full-year profits.
Read moreClose Brothers scraps dividend, shares plunge
15th Feb 2024 08:58
(Sharecast News) - Shares in Close Brothers tumbled on Thursday after the financial services group scrapped its dividend amid a regulator probe into car financing.
Read moreSabre Insurance ends year in line after pricing action
15th Feb 2024 08:38
(Sharecast News) - Motor insurance underwriter Sabre Insurance Group said in a trading update on Thursday that it was set to meet or exceed current market expectations for 2023, having taken swift pricing actions since 2022 to counteract persistent claims inflation.
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