News Archive
Siemens announces 6,000 job cuts, cites 'muted demand'
18th Mar 2025 15:06
(Sharecast News) - Siemens announced on Tuesday that it is to shed more than 6,000 workers from its automation and EV-charging units due to what it called "capacity adjustments".
Read moreFTSE 250 movers: Bytes surges; Trustpilot slides
18th Mar 2025 15:00
(Sharecast News) - FTSE 250 (MCX) 20,105.60 0.39%
Read moreLondon close: Stocks finish higher as gold prices surge
18th Mar 2025 14:56
(Sharecast News) - London stocks closed higher on Tuesday as investors remained cautious ahead of key central bank decisions this week, including from the Bank of England and the Federal Reserve.
Read moreFTSE 100 movers: JD Sports, banks in fashion
18th Mar 2025 14:54
(Sharecast News) - London's FTSE 100 was up 0.2% at 8,694.99 in afternoon trade on Tuesday.
Read moreBig Technologies suspends CEO amid litigation
18th Mar 2025 14:32
(Sharecast News) - Big Technologies announced the suspension of its chief executive officer Sara Murray on Tuesday, following concerns about her conduct related to ongoing litigation.
Read moreDirectors deals: IAG's Sansavini buys shares
18th Mar 2025 14:11
(Sharecast News) - The chairman of IAG's Spanish unit, Iberia, purchased a large amount of shares following the exercise of nil-cost options given to him under the carrier's 2020 performance share plan.
Read moreYu Group revenue surges in 2024
18th Mar 2025 14:10
(Sharecast News) - Yu Group reported a strong 2024 financial performance on Tuesday, with revenue rising 40% to £645.5m, driven by a 78% increase in energy volumes supplied.
Read moreFintel upbeat after strong 2024 performance
18th Mar 2025 13:50
(Sharecast News) - Fintel reported a strong 2024 financial performance on Tuesday, with core revenue rising 22% to £68.9m, supported by £15m in revenue from acquisitions.
Read moreBroker tips: Qinetiq, Rio Tinto, Anglo American
18th Mar 2025 13:48
(Sharecast News) - Shore Capital on Tuesday cut its recommendation for QinetiQ from 'buy' to 'hold' following a profit warning from the UK defence contractor on Monday.
Read moreQinetiQ needs to 'rebuild trust' after profit warning, says Shore Capital
18th Mar 2025 13:43
(Sharecast News) - Shore Capital on Tuesday cut its recommendation for QinetiQ from 'buy' to 'hold' following a profit warning from the UK defence contractor on Monday.
Read moreH&T delivers record full-year profits
18th Mar 2025 13:36
(Sharecast News) - Pawnbroker and jewellery retailer H&T delivered record profits in 2024, it announced on Tuesday with profit before tax rising 10% to £29.1m as demand for its core pawnbroking services continued to grow.
Read moreMidwich delivers record revenue, profits fall
18th Mar 2025 13:25
(Sharecast News) - Midwich delivered record revenue and gross margins in 2024, it reported on Tuesday, despite ongoing macroeconomic pressures, as its profits declined.
Read moreUS industrial output beats forecasts in February, but economists cautious
18th Mar 2025 13:19
(Sharecast News) - Industrial production in the US jumped last month as aircraft and automobile manufacturing rebounded.
Read moreFund managers make record rotation out of US stocks - BofA
18th Mar 2025 12:55
(Sharecast News) - Fund managers made the sharpest rotation in March out of US stocks and into Europe since records began in 1999, according to the latest fund manager survey from Bank of America.
Read moreUS housing starts, building permits beat forecasts
18th Mar 2025 12:54
(Sharecast News) - The numbers of new houses being built in the United States came in higher than expected in February, along with the volume of permits authorising residential construction, according to data from the Census Bureau on Tuesday.
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