News Archive
Hochschild delivers strong Q3 as production guidance maintained
23rd Oct 2024 07:42
(Sharecast News) - Precious metals miner Hochschild Mining has maintained its full-year production guidance after reporting its strongest third quarter in nearly five years.
Read moreLondon pre-open: Stocks to edge down; gold continues to shine
23rd Oct 2024 07:34
(Sharecast News) - London stocks were set to fall a little at the open on Wednesday, having closed a touch lower a day earlier, while gold prices continued to shine.
Read moreWednesday newspaper round-up: Water companies, Sellafield, EY
23rd Oct 2024 07:26
(Sharecast News) - Hundreds of millions of pounds of local transport funding in England could be cut in next week's spending review despite having been agreed with regional mayors, putting bus, tube and tram improvements at risk. The mayors, most of whom are Labour, are engaged in a last-minute lobbying campaign to stop the Treasury raiding their transport budgets as Rachel Reeves looks for immediate savings. - Guardian
Read moreBarratt Redrow on track for £90m of synergies
23rd Oct 2024 07:22
(Sharecast News) - Barratt Redrow highlighted "more stable" market conditions on Wednesday, as it said integration of the two businesses has begun "at pace" and that it expects to deliver cost synergies of at least £90m.
Read moreFranchise Brands appoints group CEO, considers main market move
23rd Oct 2024 07:21
(Sharecast News) - Franchise Brands announced the appointment of Peter Molloy as its first group chief executive officer with immediate effect on Wednesday.
Read moreLloyds beat forecasts as Q3 profits fall less than expected
23rd Oct 2024 07:21
(Sharecast News) - Lloyds has reported a slight decline in statutory profits over the third quarter but still managed to beat consensus forecasts, as the banking group reiterated guidance for the full year.
Read moreReckitt on track despite struggles in US nutrition business
23rd Oct 2024 07:17
(Sharecast News) - Reckitt Benckiser reported marginal like-for-like net revenue growth of 0.4% for the first three quarters of 2024 on Wednesday, though it faced a slight decline of 0.5% in the third quarter.
Read moreFresnillo reiterates guidance after solid Q3 output
23rd Oct 2024 07:09
(Sharecast News) - Mexico-focused precious metals miner Fresnillo has left full-year production guidance unchanged after a solid third-quarter output performance.
Read moreHSBC hikes target price on Morgan Sindall
22nd Oct 2024 17:06
(Sharecast News) - Analysts at HSBC raised their target price on construction firm Morgan Sindall from 2,930.0p to 3,615.0p on Tuesday following the group's trading update.
Read moreBroker tips: SSE, Morgan Sindall
22nd Oct 2024 17:02
(Sharecast News) - Analysts at Berenberg hiked their target price on utilities giant SSE from 2,100.0p to 2,300.0p on Tuesday, stating the group's quasi-regulated business mix had served it well through the energy market turmoil of recent years.
Read moreIMF raises UK growth forecasts for 2024
22nd Oct 2024 16:48
(Sharecast News) - The International Monetary Fund has upgraded its projections for UK economic growth for 2024 as falling inflation and interest rates stimulate domestic demand.
Read moreEurope close: Stocks fall for second day as oil prices surge
22nd Oct 2024 16:48
(Sharecast News) - European stocks pared losses but still ended firmly in the red as macro uncertainty and ongoing conflict in the Middle East continued to weigh heavily on sentiment, as oil prices surged.
Read moreDirector dealings: Restore director snaps up shares
22nd Oct 2024 15:29
(Sharecast News) - Restore revealed on Tuesday that non-executive director Lisa Fretwell had acquired 4,800 ordinary shares in the AIM-listed information management firm.
Read moreLondon close: Stocks mixed as government borrowing rises
22nd Oct 2024 15:23
(Sharecast News) - London stocks saw a mixed performance on Tuesday, with investors digesting the latest data on government borrowing ahead of next week's Budget.
Read moreFTSE 100 movers: Fresnillo shines again; utilities fall
22nd Oct 2024 14:46
(Sharecast News) - London's FTSE 100 was down 0.1% at 8,308.44 in afternoon trade on Tuesday.
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