News Archive

Sosandar launches in Arnotts, opens own stores

19th Sep 2024 10:38

(Sharecast News) - Women's brand Sosandar announced a fresh retail expansion on Thursday, including an in-store launch at Ireland's largest department store Arnotts, and the opening of its first two standalone stores in the UK.

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London midday: Stocks stay up as BoE stands pat; Fed cut provides a boost

19th Sep 2024 10:36

(Sharecast News) - London stocks were still firmly in the black just after midday on Thursday after the Bank of England left rates unchanged, as widely expected.

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EU auto industry calls for 'urgent relief measures' as electric car sales plummet

19th Sep 2024 09:55

(Sharecast News) - European automakers have called on governments for "urgent relief measures" before new emissions targets for cars and vans come into effect next year, as sales of battery-electric vehicles (BEVs) across the region continue to fall.

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Norway's central bank holds interest rates steady

19th Sep 2024 09:50

(Sharecast News) - Norway's central bank kept interest rates unchanged at a 16-year high of 4.5% on Thursday but said it intends to launch a rate cutting programme during the first quarter of 2025.

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UK consumer confidence tumbles - GfK

19th Sep 2024 09:43

(Sharecast News) - UK consumer confidence fell sharply in September, a long-running survey showed on Friday, despite the more stable economic backdrop, as people nervously wait on next month's Budget.

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Asia report: Markets buoyed by outsized Fed rate cut

19th Sep 2024 09:42

(Sharecast News) - Asia-Pacific markets saw notable gains on Thursday as investors responded to the US Federal Reserve's decision to cut interest rates by an outsized half-percentage point overnight.

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Broker tips: Ashtead, JTC

19th Sep 2024 09:36

(Sharecast News) - Analysts at Berenberg initiated coverage on industrial and speciality equipment rental group Ashtead with a 'buy' rating and 7,000.0p target price on Thursday, calling it the highest-quality company in the rentals sector.

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S4 Capital maintains profit targets after tough first half

19th Sep 2024 09:34

(Sharecast News) - S4 Capital maintained its full-year profit targets in its interim results on Thursday, despite a significant drop in net revenue, as it warned of a bigger-than-expected fall in full year net revenue.

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RBC Capital lifts price target on JTC after Citi Trust deal

19th Sep 2024 09:26

(Sharecast News) - RBC Capital Markets lifted its price target on JTC on Thursday as it updated its forecasts for the first-half results, forex and the Citi Trust acquisition, assuming it completes at the end of H125.

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James Fisher secures £95m of new bank facilities

19th Sep 2024 09:22

(Sharecast News) - Marine engineering services provider James Fisher & Sons said on Thursday that it has secured £95.0m of new bank facilities, providing it with increased flexibility to operate and reducing overall maintenance costs.

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Hill & Smith appoints Rutger Helbing as CEO

19th Sep 2024 08:41

(Sharecast News) - Hill & Smith said on Thursday that it has appointed Rutger Helbing as chief executive officer with immediate effect.

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Bank of England leaves interest rates on hold

19th Sep 2024 08:34

(Sharecast News) - The Bank of England left the cost of borrowing unchanged at 5% on Thursday, as widely expected, but hinted at further cuts to come.

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Supreme organic revenue and profits grow in FY24

19th Sep 2024 08:03

(Sharecast News) - Consumer goods manufacturer Supreme said on Thursday that it had "traded strongly" across the year ended 31 March, delivering record organic revenue and profit growth and ending the year debt-free.

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Europe open: Stoxx powers ahead after US rate cut; Next surges on upgrade

19th Sep 2024 07:59

(Sharecast News) - European stocks made a strong start on Thursday - up 1% - after the US Federal Reserve's hefty 50 basis point rate cut overnight.

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London open: FTSE rallies after bumper US rate cut; BoE in focus

19th Sep 2024 07:55

(Sharecast News) - London stocks rallied in early trade on Thursday as investors mulled a bumper rate cut from the US Federal Reserve and eyed the latest policy announcement from the Bank of England.

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