News Archive
SAP shares surge as full-year guidance raised
22nd Oct 2024 09:39
(Sharecast News) - Shares in SAP jumped in Frankfurt on Tuesday after the German enterprise software giant raised its annual guidance on the back of a strong increase in cloud revenues in the third quarter, driven by strong demand for its AI services.
Read moreHalfords sales dip as consumers cautious ahead of Budget
22nd Oct 2024 09:25
(Sharecast News) - Halfords reported a small dip in sales on Tuesday as it said consumers remained cautious ahead of the Budget.
Read moreMorgan Sindall FY profits seen 'significantly ahead' of expectations
22nd Oct 2024 09:18
(Sharecast News) - Construction firm Morgan Sindall said on Tuesday that full-year profits would now be "significantly ahead" of previous expectations.
Read moreVirgin Wines earnings surge on steady full-year revenue
22nd Oct 2024 08:53
(Sharecast News) - Virgin Wines UK reported steady full-year revenue in its annual report on Tuesday, at £59m, unchanged from the prior year, while adjusted EBITDA surged 59% to £2.8m, driven by improved margins and operational efficiencies.
Read moreEurope open: SAP lifts German stocks higher, but wider markets fall
22nd Oct 2024 08:43
(Sharecast News) - European stocks edged lower on Tuesday on a quiet day for economic data, as investors continued to take profits with markets close to record highs.
Read moreMulberry rejects £111m takeover proposal from Frasers
22nd Oct 2024 08:24
(Sharecast News) - Mulberry rejected a second takeover proposal from Mike Ashley's Frasers Group on Tuesday, saying it was "untenable".
Read moreLondon open: FTSE edges down as borrowing jumps ahead of Budget
22nd Oct 2024 08:12
(Sharecast News) - London stocks edged lower on Tuesday as investors mulled the latest UK borrowing figures.
Read moreLondon open: FTSE edges down as borrowing jumps ahead of Budget
22nd Oct 2024 08:12
(Sharecast News) - London stocks edged lower on Tuesday as investors mulled the latest UK borrowing figures.
Read moreHSBC appoints new CFO, announces restructure
22nd Oct 2024 08:11
(Sharecast News) - HSBC announced the appointment of its new chief financial officer on Tuesday, as well as a number of key structural changes aimed at enhancing strategic execution and leadership.
Read moreGovernment spending third highest on record for September
22nd Oct 2024 08:10
(Sharecast News) - The government borrowing figure for last month was the third-highest September figure since monthly records began in January 1993, according to data released on Tuesday by the Office for National Statistics.
Read moreWickes reiterates FY profit guidance following strong Q3 retail performance
22nd Oct 2024 08:02
(Sharecast News) - Home improvement retailer Wickes said on Tuesday that its full-year profit outlook remains unchanged following stronger sales and volume growth in its retail unit.
Read moreInterContinental Hotels Q3 RevPAR rises 1.5%
22nd Oct 2024 07:56
(Sharecast News) - InterContinental Hotels Group reported a jump in third-quarter room revenue on Tuesday, as good business demand and strength in the US and EMEAA helped to offset a weaker performance in China.
Read moreLondon pre-open: Stocks to fall as investors mull borrowing figures
22nd Oct 2024 07:43
(Sharecast News) - London stocks were set to fall on Tuesday following a mostly weaker Asian session, as investors digested the latest UK borrowing figures.
Read moreTuesday newspaper round-up: Influencers, Microsoft, Canal+
22nd Oct 2024 07:29
(Sharecast News) - Britain's financial watchdog has interviewed 20 social media influencers under caution, as it clamps down on "finfluencers" who may be touting financial services products illegally. The 20 were interviewed voluntarily using the Financial Conduct Authority's criminal powers. Potential penalties include fines and imprisonment of up to two years. - Guardian
Read moreMind Gym flags mixed first half, appoints new finance chief
22nd Oct 2024 07:25
(Sharecast News) - Human capital and business improvement specialist Mind Gym reported a mixed first-half performance on Tuesday, in line with expectations as it continued its strategic transformation.
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