News Archive

Prudential accelerates buyback as 2024 profits jump 10%

20th Mar 2025 07:10

(Sharecast News) - Prudential has hiked its dividend by 13% and accelerated its share buyback plan after profits rose by a tenth in 2024, with financial results in line with group guidance.

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Cranswick lifts medium targets, holds FY guidance on 'robust' demand

20th Mar 2025 07:04

(Sharecast News) - Food company Cranswick on Thursday upgraded medium-term targets and said the current year outlook was unchanged, with robust demand for its core pork and poultry products continuing throughout the fourth quarter.

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US close: Stocks jump on dovish signals from Powell

19th Mar 2025 22:15

(Sharecast News) - Dovish signals from Federal Reserve chair Jerome Powell pushed US stocks higher in afternoon trade, with the S&P 500 rising to its highest in nearly two weeks.

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US close: Stocks jump on dovish signals from Powell

19th Mar 2025 22:12

(Sharecast News) - Dovish signals from Federal Reserve chair Jerome Powell pushed US stocks higher in afternoon trade, with the S&P 500 rising to its highest in nearly two weeks.

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Thursday preview: Bank of England, UK unemployment in focus

19th Mar 2025 16:48

(Sharecast News) - Financial markets' focus on Thursday will swing to the UK, where the Monetary Policy Committee will be meeting to decide on rates.

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Fed still sees two rate cuts, to slow balance sheet reduction

19th Mar 2025 16:46

(Sharecast News) - Rate-setters in the US voted to stand pat on rates, but said that they would slow the pace at which the central bank reduced its balance sheet until a deal was reached on the government debt ceiling.

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Europe close: Stocks end mostly higher, Ukraine in focus

19th Mar 2025 16:45

(Sharecast News) - European shares were mostly higher on Wednesday as investors awaited a policy decision from the US Federal Reserve.

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Broker tips: Bridgepoint, Qinetiq, Compass Group

19th Mar 2025 16:39

(Sharecast News) - Bridgepoint gained on Wednesday after an upgrade to 'buy' from 'neutral' at Citi, which said the risk-reward looks attractive following recent underperformance.

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Director dealings: Hill & Smith director buys some shares following results

19th Mar 2025 16:00

(Sharecast News) - Hill & Smith non-executive director Carol Chesney picked up some shares in the manufacturer of safety barriers.

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EU proceeds with action against Apple, Google

19th Mar 2025 15:35

(Sharecast News) - The European Commission has decided to proceed with regulatory action against Apple and Google under its new digital competition rules.

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London close: Stocks manage gains ahead of Fed decision

19th Mar 2025 15:34

(Sharecast News) - London's financial markets showed modest gains by the close on Wednesday, with investors digesting the Bank of Japan's recent policy decision and anticipating the upcoming announcement from the US Federal Reserve.

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FTSE 100 movers: M&G rallies on results; Compass hit by downgrade

19th Mar 2025 14:39

(Sharecast News) - London's FTSE 100 was up 0.1% at 8,715.46 in afternoon trade on Wednesday.

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FTSE 250 movers: Softcat surges; Ferrexpo plunges

19th Mar 2025 13:58

(Sharecast News) - FTSE 250 (MCX) 20,063.35 -0.17%

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AFC Energy losses broadly stable as it focuses on costs

19th Mar 2025 12:36

(Sharecast News) - AFC Energy reported revenue of £4m for the year ended 31 October on Wednesday, driven by the delivery of 20 H-Power generators to its joint venture with Speedy Hire.

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Allianz, BlackRock join consortium to acquire Viridium for €3.5bn

19th Mar 2025 12:28

(Sharecast News) - A consortium of top-tier insurers and asset managers, including Allianz, BlackRock and T&D Holdings, are to acquire German life insurance consolidator Viridium Group for €3.5bn.

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