News Archive

London close: Stocks finish lower ahead of Budget, US election

23rd Oct 2024 15:03

(Sharecast News) - London markets closed in negative territory on Wednesday as investor caution prevailed ahead of the upcoming Budget and amid ongoing uncertainty surrounding the US presidential election.

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Frasers abandons pursuit of Mulberry

23rd Oct 2024 14:27

(Sharecast News) - Mike Ashley's Frasers Group said on Wednesday that it was abandoning its pursuit of luxury handbag maker Mulberry.

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Image Scan ends year in strong position

23rd Oct 2024 13:52

(Sharecast News) - Image Scan reported a strong trading performance for the financial year just ended on Wednesday, with profits set to meet market expectations.

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PRS Reit launches review, could put itself up for sale

23rd Oct 2024 13:51

(Sharecast News) - PRS Reit said on Wednesday that it was launching a strategic review that could lead to it putting itself up for sale as it looks to enhance value for shareholders.

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Boeing losses deepen on machinist strike, programme charges

23rd Oct 2024 13:38

(Sharecast News) - Boeing reported a significant widening of its losses in the third quarter on Wednesday, driven by a combination of work stoppages, higher costs, and programme charges.

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FTSE 100 movers: WPP, Reckitt rally on results

23rd Oct 2024 13:05

(Sharecast News) - London's FTSE 100 was down 0.5% at 8,267.31 in afternoon trade on Wednesday.

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FTSE 250 movers: Hochschild shines; Volution hit by downgrade

23rd Oct 2024 12:30

(Sharecast News) - London's FTSE 250 was down 0.5% at 20,839.49 in afternoon trade on Wednesday.

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Coca-Cola sees FY organic sales at high end of guidance

23rd Oct 2024 12:08

(Sharecast News) - Coca-Cola said on Wednesday that full-year organic sales were set to be at the high end of its previous guidance range.

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Cordel AI overhead measuring tech gets Network Rail approval

23rd Oct 2024 12:06

(Sharecast News) - Cordel Group announced on Wednesday that Network Rail has granted approval for the use of its AI-powered technology to measure overhead line equipment (OLE) on electrified railway lines.

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Director dealings: Melrose Industries non-exec buys 17k shares

23rd Oct 2024 12:04

(Sharecast News) - Two prominent insider dealings disclosed to the market on Wednesday involved directors at FTSE 100 defence technology specialist Melrose Industries, and the AIM-traded Property Franchise Group.

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US open: Stocks start on back foot as Boeing losses widen

23rd Oct 2024 12:03

(Sharecast News) - Wall Street opened lower on Wednesday, with key indices reflecting cautious sentiment among investors amid a number of corporate earnings reports.

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Broker tips: Ibstock, Forterra, Volution

23rd Oct 2024 11:58

(Sharecast News) - Jefferies upgraded both Ibstock and Forterra on Wednesday to 'buy' from 'hold' "given the current compelling demand-supply dynamic in the UK brick sector".

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Davy downgrades Volution to 'neutral'

23rd Oct 2024 11:33

(Sharecast News) - Davy downgraded its stance on Volution on Wednesday to 'neutral' from 'outperform'.

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Heathrow ups full-year passenger forecasts after bumper summer

23rd Oct 2024 11:28

(Sharecast News) - Heathrow Airport reported a 12.6% increase in profit before tax to £696m for the first nine months of the year on Wednesday, driven by record passenger numbers during a bustling summer of sport and music.

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London midday: Stocks turn lower amid Budget jitters, US election uncertainty

23rd Oct 2024 11:10

(Sharecast News) - London stocks had turned lower by midday on Wednesday as caution crept in ahead of next week's Budget and amid uncertainty over the US election.

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