News Archive
Kooth revenue doubles, adjusted EBITDA rises sevenfold
15th Apr 2025 12:08
(Sharecast News) - Kooth shares were surging on Tuesday morning, after it reported a doubling of annual revenue to £66.7m for 2024, driven by rapid growth in its US operations, particularly the rollout of its Soluna digital mental health platform across California.
Read moreBank of America Q1 profits rise as trading fees increase
15th Apr 2025 11:58
(Sharecast News) - US banking giant Bank of America said on Tuesday that profits had risen in Q1 as market volatility due to uncertainty surrounding Donald Trump's tariff programme has given trading fees a boost.
Read moreUS pre-open: Futures higher as Q1 earnings start to roll in
15th Apr 2025 11:56
(Sharecast News) - Wall Street futures were in the green ahead of the bell on Tuesday as traders looked ahead to a fresh batch of Q1 earnings from a number of the nation's biggest companies.
Read moreRedrow CEO to step down as Barratt integration nears completion
15th Apr 2025 11:52
(Sharecast News) - Housebuilder Barratt Redrow has announced that the former head of Redrow is to step down in June as the operational integration of the two companies nears completion.
Read moreEurozone industrial production accelerates in February
15th Apr 2025 11:50
(Sharecast News) - Industrial production in the euro area rose by 1.1% in February compared with the prior month, according to fresh data from Eurostat on Tuesday.
Read moreBerenberg lowers target price on Next Fifteen
15th Apr 2025 11:30
(Sharecast News) - Analysts at Berenberg lowered their target price on advertising firm Next Fifteen from 790.0p to 660.0p on Tuesday, citing a "cautious outlook".
Read moreRBC Capital upgrades DiscoverIE, says risks priced in
15th Apr 2025 11:17
(Sharecast News) - RBC Capital Markets upgraded DiscoverIE Group on Tuesday to 'outperform' from 'sector perform' as it argued that risks appear to be more than priced in.
Read moreMotor finance arrears weigh on S&U profits
15th Apr 2025 11:00
(Sharecast News) - S&U reported a 29% decline in profit before tax to £24m for the year ended 31 January on Tuesday, as increased arrears in its motor finance business weighed on earnings.
Read moreLondon midday: Stocks extend gains on trade deal hopes
15th Apr 2025 10:57
(Sharecast News) - London stocks had extended gains by midday Tuesday as investors mulled the latest UK jobs data and encouraging comments from US vice president JD Vance about the potential for a trade deal.
Read moreCiti reiterates 'buy' on 3i Group, lifts price target
15th Apr 2025 10:34
(Sharecast News) - Citi lifted its price target on 3i Group on Tuesday to 4,850 from 4,670p, mainly due to FX, and reiterated its 'buy' rating following the filing of Dutch retailer Action's 2024 annual report.
Read morePublicis maintains FY guidance following 'record quarter' for new business
15th Apr 2025 10:29
(Sharecast News) - French advertising firm Publicis maintained its full-year revenue guidance on Tuesday, stating its "record quarter in new business" would offset the "potential effects" of Donald Trump's newly imposed "reciprocal" tariffs.
Read moreHaleon to take full ownership of Chinese joint venture
15th Apr 2025 10:04
(Sharecast News) - Haleon announced on Tuesday that it has agreed to acquire the remaining 12% stake in its Chinese over-the-counter joint venture, Tianjin TSKF Pharmaceutical, for CNY 1.623bn (around £200m), bringing its total ownership to 100%.
Read moreBeijing tells Chinese airlines to halt Boeing deliveries
15th Apr 2025 09:48
(Sharecast News) - China has instructed its domestic airlines to halt deliveries of Boeing aircraft and suspend purchases of US-made aviation equipment and parts, it emerged on Tuesday, deepening a widening trade dispute with the United States.
Read moreDe La Rue agrees £263m takeover by US investment firm Atlas
15th Apr 2025 09:47
(Sharecast News) - Banknote printer De La Rue said on Tuesday that it has agreed to be bought by US investment firm Atlas in a £263m deal.
Read moreAsia report: Most markets rise amid hopes for tariff stability
15th Apr 2025 09:30
(Sharecast News) - Asia-Pacific markets mostly advanced on Tuesday, buoyed by gains on Wall Street where a strong rally in technology stocks lifted all three major US indices overnight.
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