News Archive

Close Brothers shares tank as motor finance provisions lead to H1 loss

18th Mar 2025 07:26

(Sharecast News) - Close Brothers shares tanked on Tuesday after the merchant banking group swung to a hefty loss in the first half on the back of a £165m provision for motor finance commissions.

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Tuesday newspaper round-up: Thames Water, Ikea, FOS

18th Mar 2025 07:24

(Sharecast News) - A record 50% more raw sewage was discharged into rivers in England by Thames Water last year compared with the previous 12 months, data seen by the Guardian reveals. Thames, the largest of the privatised water companies, which is teetering on the verge of collapse with debts of £19bn, was responsible for almost 300,000 hours of raw sewage pouring into waterways in 2024 from its ageing sewage works, according to the data. This compares with 196,414 hours of raw effluent dumped in 2023. - Guardian

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Sabre Group doubles full-year profit, hikes dividend

18th Mar 2025 07:22

(Sharecast News) - Sabre Insurance saw its profit more than double in 2024, leading management to hike the dividend pay-out by nearly half.

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Tough conditions continue for SThree as recruitment fees slump

18th Mar 2025 07:20

(Sharecast News) - STEM-focused recruiter SThree has held on to its full-year guidance despite a weak first quarter with double-digit declines in fees for both contract and permanent positions.

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Trustpilot confident after year of solid growth

18th Mar 2025 07:07

(Sharecast News) - Trustpilot reported strong financial and operational growth for 2024 in its final results on Tuesday, driven by strategic execution, product innovation, and network effects.

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Computacenter posts FY earnings in line; Sees growth in 2025

18th Mar 2025 07:03

(Sharecast News) - Shares in Computacenter soared on Monday as the IT group turned upbeat on its prospects after a strong second half that helped annual profit nudge ahead of forecasts, despite an uncertain macroeconomic environment and softer market conditions in the UK, offset by stronger performances in the US and Germany.

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US close: Stocks rise again as traders 'buy the dip'

17th Mar 2025 19:42

(Sharecast News) - US stocks put in decent gains on Monday despite weaker-than-expected economic data, as investors went bargain-hunting following a mass sell-off over the past two weeks.

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Europe close: Stocks start week on the front foot

17th Mar 2025 18:34

(Sharecast News) - European shares were higher on Monday as investors eyed interest rate decisions from around the globe due later in the week amid a looming trade war sparked by the US and a revision to world economic growth forecasts.

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London close: Stocks continue moving higher

17th Mar 2025 18:04

(Sharecast News) - London stocks moved higher on Monday ahead of a week packed with central bank policy announcements, as investors mulled fresh stimulus plans from China and the latest developments in Donald Trump's trade war.

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PepsiCo spends nearly $2bn on prebiotic soda brand Poppi

17th Mar 2025 14:59

(Sharecast News) - Soft drinks giant PepsiCo is to spend nearly $2bn on fast-growing prebiotic soda brand Poppi, which it says is part of ongoing "portfolio transformation efforts" to adapt to changing consumer needs.

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Broker tips: Currys, CVS Group

17th Mar 2025 14:58

(Sharecast News) - Berenberg recommended on Monday that investors 'buy the dip' in Currys, as it hailed the electricals retailer as a "top pick" for 2025.

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Directors deals: Jardine Matheson finance chief buys big batch of shares

17th Mar 2025 14:54

(Sharecast News) - Jardine Matheson's finance director bought a large amount of shares at the end of the prior week.

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Tuesday preview: Ukraine talks, Computacenter in focus

17th Mar 2025 14:49

(Sharecast News) - Investors' attention on Tuesday would be squarely on an expected phone conversation between the US and Russian presidents.

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FTSE 250 movers: Qinetiq slumps; Diversified gains on oil price

17th Mar 2025 14:37

(Sharecast News) - FTSE 250 (MCX) 19,987.93 -0.04%

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New York manufacturing conditions deteriorate as prices surge

17th Mar 2025 13:02

(Sharecast News) - Manufacturing activity in New York state contracted sharply in March after only a modest increase the month before, as input price inflation surged.

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