News Archive
Thursday newspaper round-up: Tesco, Post Office, Amazon, Stellantis
17th Oct 2024 07:28
(Sharecast News) - Tesco has struck a deal to buy enough solar power to run 144 of its large supermarkets, buying almost two-thirds of the entire electricity output from the Cleve Hill solar park in Kent. The £450m solar park is being built on farmland near Faversham by Quinbrook Infrastructure Partners, a London-based firm that invests in renewable and low-carbon energy in the US, UK and Australia. - Guardian
Read moreMondi cites planned maintenance shuts as Q3 profit falls
17th Oct 2024 07:23
(Sharecast News) - Paper and packaging group Mondi said on Thursday that underlying core profit fell in the third quarter in "muted" trade, mainly due to more planned maintenance shuts.
Read moreAI boom fuels earnings surge at TSMC
17th Oct 2024 07:22
(Sharecast News) - Shares in Taiwan Semiconductor Manufacturing Co rallied on Thursday, after the Taiwanese giant posted a forecast-beating 54% surge in earnings, fuelled by the boom in artificial intelligence.
Read moreChemring flags strong trading performance
17th Oct 2024 07:18
(Sharecast News) - Chemring reported a strong trading performance for the year-to-date on Thursday, with its full-year outlook remaining in line with analyst expectations despite foreign exchange headwinds.
Read moreRentokil Initial holds on to targets after flat Q3
17th Oct 2024 07:13
(Sharecast News) - Shares in Rentokil Initial surged on Thursday after the pest control services group reassured investors by holding on to full-year guidance following two profit warnings earlier in the year, as it reported a steady third quarter with revenues unchanged.
Read moreEntain lifts full-year guidance on strong third quarter
17th Oct 2024 07:00
(Sharecast News) - Gambling and gaming group Entain boosted its full-year outlook on Thursday, after third-quarter numbers came in ahead of expectations.
Read moreUS close: Morgan Stanley leads markets higher, Dow hits new record
16th Oct 2024 21:32
(Sharecast News) - US equity markets rallied into the close on Wednesday with the Dow hitting a fresh record high as more forecast-beating earnings in the banking sector offset weakness among tech stocks.
Read moreTate & Lyle shares surge on report Advent prepping takeover
16th Oct 2024 16:20
(Sharecast News) - Shares in food ingredients group Tate & Lyle surged by more than 10% on Wednesday on a report that US private equity group Advent was preparing a bid for the company.
Read moreCanaccord Genuity lowers target price on On The Beach
16th Oct 2024 15:38
(Sharecast News) - Canaccord Genuity lowered its target price on packaged holidays business On The Beach from 220.0p to 187.0p following the group's recent trading update.
Read moreDirector dealings: THG CEO snaps up 20m shares
16th Oct 2024 15:23
(Sharecast News) - THG revealed on Wednesday that chief executive Matthew Moulding purchased 20.4m ordinary shares in the London-listed ecommerce retailer.
Read moreBroker tips: On The Beach, Bellway
16th Oct 2024 15:20
(Sharecast News) - Canaccord Genuity lowered its target price on packaged holidays business On The Beach from 220.0p to 187.0p following the group's recent trading update.
Read moreUS open: Dow Jones claws back some of yesterday's losses
16th Oct 2024 14:52
(Sharecast News) - Wall Street trading got off to a mixed start on Wednesday as the Dow Jones tried to claw back some of the heavy losses recorded in the previous session.
Read moreEurope close: Shares pare losses as tech stocks weigh; Tate & Lyle surges
16th Oct 2024 14:44
(Sharecast News) - European shares closed lower on Wednesday with luxury and tech stocks under pressure while investors also digested the latest UK inflation data showing a fall below 2% for the first time in three years, raising hopes of a rate cut from the Bank of England.
Read moreLondon close: Stocks rise on fresh rate cut hopes
16th Oct 2024 14:40
(Sharecast News) - London's equity markets finished higher on Wednesday as investors reacted positively to a significant drop in UK inflation, which reached its lowest point in over three years.
Read moreTertiary Minerals completes inaugural drilling at Mushima North
16th Oct 2024 14:37
(Sharecast News) - Tertiary Minerals announced on Wednesday that it has completed its inaugural drilling programme at the Mushima North Copper Project in Zambia.
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