News Archive
Applied Nutrition floats with £350m valuation
24th Oct 2024 12:41
(Sharecast News) - Sports health business Applied Nutrition - which is backed by JD Sports - said on Thursday that it has been valued at around £350m in its stock market debut.
Read moreFTSE 250 movers: Softcat, Indivior and Bloomsbury Publishing surge after results
24th Oct 2024 12:35
(Sharecast News) - Softcat, Indivior and Bloomsbury Publishing were all putting in impressive gains on Thursday afternoon following well-received results, while Abrdn, Inchcape and Travis Perkins disappointed investors with updates on trading.
Read moreEurope midday: Strong earnings propel markets higher
24th Oct 2024 12:21
(Sharecast News) - European stocks snapped a three-day losing streak as a raft of better-than-expected corporate earnings distracted investors from a mixed bag of economic data.
Read moreGreencoat UK Wind expands portfolio, completes £725m refinancing
24th Oct 2024 11:50
(Sharecast News) - Greencoat UK Wind updated the market on its third quarter on Thursday, reporting that as of 30 September, its unaudited net asset value stood at £3.6bn, or 158.6p per share.
Read moreSeadrill shares jump on Transocean merger rumours
24th Oct 2024 11:37
(Sharecast News) - Stock futures of offshore drilling companies Transocean and Seadrill were rising on Thursday on reports that the sector rivals were considering a potential merger.
Read moreLondon midday: Stocks push higher amid corporate deluge
24th Oct 2024 11:15
(Sharecast News) - London stocks had extended gains by midday on Thursday, helped along by well-received results from the likes of Unilever, LSEG and Barclays, and a strong showing from Tesla after hours.
Read moreUK private sector growth falls to 11-month low
24th Oct 2024 10:56
(Sharecast News) - Private sector growth in the UK fell to an 11-month low in October ahead of the Budget, according to a survey released on Thursday.
Read moreUS pre-open: Futures mixed as bond yields remain elevated
24th Oct 2024 10:44
(Sharecast News) - Wall Street futures were mixed ahead of the bell on Thursday as elevated bond yields continued to weigh on stocks.
Read moreRenault maintains guidance after third quarter growth
24th Oct 2024 10:34
(Sharecast News) - Renault Group reported a 1.8% rise in third-quarter revenue on Thursday, to €10.7bn, surpassing analyst forecasts, driven by strong demand for new models like the Symbioz and Dacia Duster hybrid SUV.
Read moreUS new home sales jump 4.1pc in September
24th Oct 2024 10:22
(Sharecast News) - New home sales jumped 4.1% to a seasonally adjusted annual rate of 738,000 in September, according to the Census Bureau, the highest reading since May 2023 and ahead of forecasts for a print of 720,000.
Read moreAsia report: Most markets slip as South Korea avoids recession
24th Oct 2024 10:18
(Sharecast News) - Asia-Pacific markets were mostly in decline on Thursday, following Wall Street's continued slide overnight, after the Dow Jones Industrial Average recorded its worst performance in over a month.
Read moreHermès withstands luxury slowdown as Q3 sales jump 11%
24th Oct 2024 10:14
(Sharecast News) - French fashion and accessories giant Hermès managed to grow quarterly sales by more than a tenth despite the wider luxury-market slowdown, as it was able to shrug off weak demand in China.
Read moreFoxtons posts third consecutive quarter of revenue growth
24th Oct 2024 10:12
(Sharecast News) - Foxtons Group reported its third consecutive quarter of revenue growth on Thursday, with third-quarter revenue up 8% to £47.4m, compared to £43.9m in the same period of 2023.
Read moreIPF trading towards full-year guidance as Poland challenges stabilise
24th Oct 2024 09:53
(Sharecast News) - International Personal Finance reported a strong third-quarter financial performance on Thursday, supporting its full-year profit before tax (PBT) guidance issued at its interim results.
Read moreEssentra FY adjusted operating profits seen in line with market expectations
24th Oct 2024 09:51
(Sharecast News) - Essential components manufacturer Essentra said on Thursday that FY24 adjusted operating profits would be in line with market expectations.
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