News Archive

Renishaw delivers 'solid revenue and profit growth' in Q1

24th Oct 2024 08:22

(Sharecast News) - Manufacturing technologies business Renishaw said on Thursday that it had delivered "solid revenue and profit growth" in Q1 despite trading conditions being "mixed".

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Europe open: Stocks rise as blue chip earnings impress

24th Oct 2024 08:06

(Sharecast News) - European stocks rebounded on Thursday after three days of losses as investors digested a raft of upbeat corporate earnings and awaited a series of key economic indicators.

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Anglo American lifts guidance for platinum and nickel

24th Oct 2024 08:06

(Sharecast News) - Shares in Anglo American rose strongly on Thursday after the diversified mining giant raised platinum and nickel production guidance following a steady third quarter.

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London open: Stocks gain as Unilever, Barclays results impress

24th Oct 2024 08:02

(Sharecast News) - London stocks rose in early trade on Thursday, helped along by well-received results from the likes of Unilever and Barclays, and a strong showing from Tesla after hours.

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Frasers urges Boohoo to replace CEO with Mike Ashley

24th Oct 2024 07:48

(Sharecast News) - High street conglomerate Frasers Group has urged part-owned fast fashion brand Boohoo to appoint retail tycoon Mike Ashley as its chief executive, the company said on Thursday.

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Unilever Q3 underlying sales growth beats expectations

24th Oct 2024 07:47

(Sharecast News) - Consumer goods giant Unilever reported a jump in third-quarter underlying sales on Thursday, underpinned by its power brands.

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London pre-open: Stocks seen up amid flurry of corporate news

24th Oct 2024 07:38

(Sharecast News) - London stocks were set to rise at the open on Thursday following losses in the previous session, as investors waded through a deluge of earnings from the likes of Barclays and Unilever.

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Thursday newspaper round-up: Boeing, property landlords, HSBC

24th Oct 2024 07:29

(Sharecast News) - Boeing workers have rejected the latest offer to end the more than a month-long strike that has crippled the already struggling manufacturing giant. In a blow to Boeing and the Biden administration, which has fought for a resolution to the dispute, 64% of the 33,000 members of the International Association of Machinists and Aerospace Workers union voted to reject the contract, the union said late on Wednesday. - Guardian

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Consumer confidence falls slightly ahead of Budget

24th Oct 2024 07:24

(Sharecast News) - UK consumer confidence fell slightly in October, according to fresh survey results released on Friday, with GfK's consumer confidence index dropping one point to -21.

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Dunelm third-quarter sales rise 3.5%

24th Oct 2024 07:23

(Sharecast News) - Homeware retailer Dunelm reported a rise in third-quarter sales on Thursday, driven by volume.

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Barclays lifts annual NII target as Q3 profits rise

24th Oct 2024 07:23

(Sharecast News) - Barclays has nudged up its net interest income guidance for the full year after a solid third quarter, with the bank on track to deliver on its short and medium-term financial metrics.

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Travis Perkins revises guidance after weak third quarter

24th Oct 2024 07:19

(Sharecast News) - Travis Perkins revised its operating profit guidance on Thursday, after reporting a 5.7% decline in third-quarter group revenue thanks to weakness in its merchanting segment.

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US close: Stocks slump again as uncertainty weighs on sentiment

23rd Oct 2024 22:01

(Sharecast News) - US stocks fell for the third day on Wednesday, dropping sharply as investors continued to take profits following recent highs, with shares of Tesla falling ahead of the carmaker's results due out after the closing bell.

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Europe close: Stocks finish lower, Lloyds and Deutsche Bank underwhelm

23rd Oct 2024 17:00

(Sharecast News) - Europe's stock markets mostly fell on Wednesday as macro uncertainty and cautious comments from the head of the European Central Bank weighed on risk appetite.

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Thursday preview: Global PMIs, Barclays in focus

23rd Oct 2024 16:04

(Sharecast News) - Investors' focus on Thursday will be on a raft of purchasing manager survey results due out in the UK, euro area US.

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