News Archive

Speedy Hire H1 revenues slip

17th Oct 2024 09:22

(Sharecast News) - Tools and equipment hire business Speedy Hire said on Thursday that interim revenues had slipped, principally due to a drop in lower-margin services income.

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Ibstock delivers 'solid' Q3 performance

17th Oct 2024 09:11

(Sharecast News) - Building products manufacturer Ibstock said on Thursday that it had delivered "a solid performance" in the third quarter, with adjusted underlying earnings broadly in line with internal expectations.

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Uber exploring possible Expedia bid

17th Oct 2024 09:03

(Sharecast News) - Uber has explored a possible bid for travel booking website operator Expedia, according to the Financial Times, a move that would easily mark the ridesharing giant's biggest acquisition to date.

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Nestle cuts forecast, shakes up executive board after sales disappoint

17th Oct 2024 08:55

(Sharecast News) - Nestle is to undergo a major organisational overhaul, the Swiss food giant confirmed on Thursday, as it cut sales targets in the face of persistently weak consumer demand.

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AJ Bell assets under administration reach record highs in FY24

17th Oct 2024 08:39

(Sharecast News) - Investment platform operator AJ Bell said on Thursday that assets under administration hit record highs in the year ended 30 September as both customer numbers and inflows grew.

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Octopus Renewables acquires 42MW solar farm near Dublin

17th Oct 2024 08:24

(Sharecast News) - Octopus Renewables Infrastructure Trust (ORIT) announced on Thursday that it has completed the acquisition of a 42MW solar farm near Dublin, expanding its ownership of Ireland's largest solar complex.

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Rank Group reiterates outlook after strong first quarter

17th Oct 2024 08:21

(Sharecast News) - Gambling and gaming specialist Rank Group reiterated its full-year guidance on Thursday, after bumper first-quarter trading across its casino estate.

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London open: Stocks flat ahead of expected ECB rate cut

17th Oct 2024 08:14

(Sharecast News) - London stocks were flat in early trade on Thursday as investors eyed an expected rate cut by the European Central Bank.

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Man Group Q3 outflows hit $5.5bn, AuM falls

17th Oct 2024 08:06

(Sharecast News) - Investment management group Man Group posted Q3 outflows of $5.5bn on Thursday, worse than the $5.1bn it had forecast, after one of its clients withdrew its funds in order to invest passively.

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Europe open: Markets rangebound ahead of ECB decision

17th Oct 2024 07:59

(Sharecast News) - Europe's equity markets were rangebound on Thursday morning as investors refrained from taking on too much risk ahead of the European Central Bank's interest rate decision at lunchtime.

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Increased output, record prices drive strong growth for Centamin in third quarter

17th Oct 2024 07:59

(Sharecast News) - Egypt-focused gold miner Centamin reported a strong third-quarter performance, as operational improvements at the flagship Sukari mine lifted production while gold sales were bolstered by record prices.

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N Brown to be taken private by Joshua Alliance in £191m deal, shares surge

17th Oct 2024 07:48

(Sharecast News) - N Brown said on Thursday that it has agreed to be taken private by a company owned by Joshua Alliance - whose family has been involved with the group since the 1960s - in a £191m deal.

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Deliveroo to hit top end of profit guidance as Q3 revenues rise

17th Oct 2024 07:36

(Sharecast News) - Deliveroo said it expects to hit the top end of full-year profit guidance after solid growth in both orders and order values in the third quarter, even as the number of active customers declined.

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London pre-open: Stocks seen up ahead of ECB policy announcement

17th Oct 2024 07:36

(Sharecast News) - London stocks were set to rise at the open on Thursday following a positive session on Wall Street, as investors eyed the latest policy announcement from the European Central Bank.

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Funds under management hit fresh high at St James's Place

17th Oct 2024 07:29

(Sharecast News) - St James's Place reported a jump in funds under management on Thursday, boosted by an improving macroeconomic environment.

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