News Archive
Videndum lowers full-year forecasts as film and TV productions remain slow
26th Sep 2024 08:39
(Sharecast News) - Videndum, an international provider of premium branded hardware products and software solutions to the content creation market, reported a 7% decline in revenue from continuing operations to £153.3m for its first half on Thursday, down from £165m a year earlier, as it warned that the full year would be below its previous expectations.
Read moreHalma backs FY guidance after progress in first half
26th Sep 2024 08:31
(Sharecast News) - Halma backed its guidance for the full year on Thursday as it said further progress was made in the first half in trading conditions "which remain varied across our end markets".
Read moreDar Global swings to net loss as revenue more than halves
26th Sep 2024 08:29
(Sharecast News) - Dar Global reported a first-half net loss of $12.8m on Thursday, contrasting sharply with a profit of $20.8m during the same period last year.
Read moreLondon open: Stocks rise on China stimulus news
26th Sep 2024 08:22
(Sharecast News) - London stocks rose in early trade on Thursday, taking their cue from strong gains in Asia after China pledged more measures to boost the economy.
Read moreThames Water's credit ratings slashed
26th Sep 2024 08:13
(Sharecast News) - Thames Water has had its credit ratings cut even further, it was confirmed on Thursday, heaping yet more pressure on the crisis-struck utility.
Read moreSegro gives confident outlook with Tritax Eurobox takeover on track
26th Sep 2024 08:03
(Sharecast News) - Real estate group Segro said its business is performing well heading into the final months of the year as it progresses its £550m takeover of Tritax Eurobox, which is expected to close in the fourth quarter.
Read moreEurope open: Stoxx rallies on Asian markets with luxury stocks in focus
26th Sep 2024 08:00
(Sharecast News) - European stocks rallied strongly at the open on Thursday, driven by a strong session in Asia, with luxury stocks in focus as China pledged to step up fiscal support after introducing stimulus measures earlier in the week.
Read moreSchroders appoints two new execs to the board
26th Sep 2024 07:48
(Sharecast News) - Schroders has moved its chief operating officer into the chief financial officer position, after its former finance lead was promoted to chief executive earlier this month.
Read moreAstraZeneca's Tagrisso gets new US lung cancer approval
26th Sep 2024 07:38
(Sharecast News) - AstraZeneca announced on Thursday that 'Tagrisso', or osimertinib, has been approved by the US Food and Drug Administration (FDA) for the treatment of adult patients with unresectable, stage three epidermal growth factor receptor-mutated (EGFRm) non-small cell lung cancer (NSCLC), whose disease had not progressed after platinum-based chemoradiation therapy (CRT).
Read morePennon sees lower customer demand as consumption falls
26th Sep 2024 07:28
(Sharecast News) - FTSE 250-listed water and sewerage group Pennon said like-for-like revenues in the first half were impacted by lower customer demand, which is expected to continue through to the end of the financial year.
Read moreMitchells & Butlers Q4 sales hit by wet weather, UK riots
26th Sep 2024 07:25
(Sharecast News) - UK's pub group Mitchells & Butlers on Thursday said fourth-quarter like-for-like sales slowed as riots in city centres and an unseasonably wet summer hit trade but added that it still expected to deliver annual results at the upper end of consensus expectations.
Read moreLondon pre-open: Stocks seen up after strong Asian gains
26th Sep 2024 07:19
(Sharecast News) - London stocks were set to rise at the open on Thursday following strong gains in Asia.
Read moreThursday newspaper round-up: JLR, electric cars, Royal Mail
26th Sep 2024 07:11
(Sharecast News) - Rachel Reeves is pushing for the UK's tax and spending watchdog to upgrade its national growth forecasts to reflect the economic boost Labour says can be achieved from its blitz of planning reforms. In a development that could open up additional spending headroom for the chancellor before next month's budget, the Treasury has held talks with the Office for Budget Responsibility to try to persuade its officials that unblocking the planning system could drive up growth. - Guardian
Read moreDeutsche Bank ups WOSG to 'buy', cites mid-term growth potential
26th Sep 2024 07:07
(Sharecast News) - Deutsche Bank upgraded Watches of Switzerland on Thursday to 'buy' from 'hold' and lifted the price target to 490p from 435p.
Read moreCVS Group confident despite tough year for UK vet market
26th Sep 2024 07:06
(Sharecast News) - Veterinary practice operator CVS Group reported a 9.9% increase in full-year revenue on Thursday, to £647.3m, reflecting its ongoing expansion efforts, particularly in Australia.
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