News Archive
Shares under pressure as government, FCA probe car insurance
16th Oct 2024 11:02
(Sharecast News) - Shares in UK motor insurance firms fell on Wednesday, after two investigations into the sector were announced simultaneously.
Read moreMony Group confident despite third-quarter revenue slip
16th Oct 2024 10:59
(Sharecast News) - Mony Group reported a 2% year-on-year decline in third-quarter revenue in a trading update on Wednesday, largely due to underperformance in its travel and home services divisions.
Read moreUS mortgage applications plummet by 17pc
16th Oct 2024 10:54
(Sharecast News) - US mortgage applications fell by 17% in the week ended 11 October, according to the Mortgage Bankers Association of America, extending the prior week's 5.1% drop.
Read moreOxford Instruments reports strong first-half demand
16th Oct 2024 10:48
(Sharecast News) - Oxford Instruments reported strong demand and order intake growth in a half-year trading update on Wednesday.
Read moreBerenberg raises target price on Bellway following FY24 earnings
16th Oct 2024 10:26
(Sharecast News) - Analysts at Berenberg raised their target price on housebuilder Bellway from 2,900.0p to 3,200.0p on Wednesday following the group's FY24 earnings a day earlier.
Read moreShares fall after LVMH sales disappoint
16th Oct 2024 10:20
(Sharecast News) - Shares in Europe's luxury goods firms came under pressure on Wednesday, after third-quarter numbers from France's LVMH missed expectations.
Read moreUK house price growth picks up as confidence returns
16th Oct 2024 10:12
(Sharecast News) - House price inflation in the UK accelerated in August, according to data from the Office for National Statistics on Wednesday, as buyer confidence returned to the market following the first cut in interest rates in four years.
Read moreVolex trades in line during H1
16th Oct 2024 10:10
(Sharecast News) - Critical power and data transmission products manufacturer Volex said on Wednesday that its H1 trading performance was in line with expectations, with revenues in excess of $510.0m.
Read more4Global wins 'significant contract extension' with Peruvian government
16th Oct 2024 09:50
(Sharecast News) - Data and technology business 4Global said on Wednesday that it has struck a "significant contract extension" with an international customer.
Read morePrimary Health Properties rent growth slows amid falling inflation
16th Oct 2024 09:27
(Sharecast News) - Healthcare facilities investor Primary Health Properties reported an additional £2.7m in rental income in a third quarter update on Wednesday - a slight decrease compared to £3.3 million for the same period in 2023.
Read moreCAP-XX inks smart metering contract with South African client
16th Oct 2024 09:27
(Sharecast News) - Supercapacitors manufacturer CAP-XX said on Wednesday that it has signed a contract with a new customer in the South African smart meter sector following a successful design-in project.
Read moreSupermarket sales spark as festive shopping gets underway
16th Oct 2024 09:11
(Sharecast News) - Supermarket sales sparked in September, industry data showed on Wednesday, as shoppers stocked up on Halloween treats and early Christmas bargains.
Read moreStellantis shipments tumble 20% in third quarter
16th Oct 2024 09:08
(Sharecast News) - Vehicle deliveries at Stellantis dropped by 20% in the third quarter due to inventory reduction in North America and delayed product launches in Europe - its two largest markets.
Read moreXPS Pensions upbeat on strong half-year trading
16th Oct 2024 08:43
(Sharecast News) - XPS Pensions reported strong trading for the six months ended 30 September on Wednesday, with revenue from continuing operations up 23% year-on-year.
Read moreEurope open: Shares follow US, Asia lower; weak LVMH sales hit luxury sector
16th Oct 2024 08:16
(Sharecast News) - European shares were lower at the open on Wednesday after a mixed session on Asian markets and declines on Wall Street, while investors also digested the latest UK inflation data showing a fall below 2% for the first time in three years.
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