News Archive

Trump says that he will be 'very nice' with China

23rd Apr 2025 09:00

(Sharecast News) - The US President sounded a conciliatory tone regarding the country's trade disputes with Beijing.

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Hochschild maintains full-year production guidance after Q1

23rd Apr 2025 08:57

(Sharecast News) - Hochschild Mining delivered 79,941 gold equivalent ounces in the first quarter, it said in an update on Wednesday, in line with expectations and leaving full-year production guidance unchanged at 350,000 to 378,000 ounces.

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Babcock delivers 'strong' underlying operating profits in FY25

23rd Apr 2025 08:51

(Sharecast News) - Aerospace and defence firm Babcock said on Wednesday that it had delivered "strong" underlying operating profits in the year ended 31 March, driven by the continuation of "positive trends" seen in Q3.

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PayPoint ends year in line with expectations

23rd Apr 2025 08:39

(Sharecast News) - PayPoint said in an update on Wednesday that it expects to report full-year results in line with market expectations, with underlying EBITDA around £90m for the year ended 31 March.

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Croda confident after first-quarter sales growth

23rd Apr 2025 08:31

(Sharecast News) - Croda International reported an 8% rise in first-quarter sales to £442m on Wednesday - up 9% at constant currency, as higher volumes offset prior year price and mix headwinds.

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Fresnillo reports declines in gold, silver production

23rd Apr 2025 08:25

(Sharecast News) - Fresnillo reported a 9.7% quarter-on-quarter decline in attributable silver production to 12.4 million ounces for the first quarter of the year on Wednesday, including output from the Silverstream contract.

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Quilter core net inflows 'strong' during Q1

23rd Apr 2025 08:04

(Sharecast News) - Wealth management firm Quilter said on Wednesday that core net inflows were "strong" in Q1, continuing the momentum seen in late FY24.

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Europe open: Shares rally as Trump dials down Powell, China remarks

23rd Apr 2025 08:01

(Sharecast News) - European shares rebounded strongly at the open on Wednesday after President Donald Trump dialled back his attacks on Federal Reserve chair Jerome Powell and hinted at possible lower tariffs for China.

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London open: FTSE 100 at three-week high as risk appetite returns

23rd Apr 2025 07:50

(Sharecast News) - UK markets jumped on Wednesday morning, sending the FTSE 100 to its highest level in nearly three weeks as trade tensions eased, with commodity stocks and financial names providing a big lift.

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UK public-sector borrowing rises more than expected

23rd Apr 2025 07:45

(Sharecast News) - Public sector borrowing in the UK rose more than expected last month, marking the third-highest March borrowing since records began in 1993.

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Shore Capital upgrades Boohoo to 'hold' after shares tank

23rd Apr 2025 07:36

(Sharecast News) - Shore Capital has upgraded its stance on Boohoo from 'sell' to 'hold' following a big slump in the fast fashion retailer's share price over recent months.

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Ibstock holds guidance after Q1 trading improves

23rd Apr 2025 07:35

(Sharecast News) - Specialist brick maker Ibstock held annual guidance after trading conditions improved in the first quarter, reflecting increased demand in new build residential construction and a relatively weak comparative in 2024.

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London pre-open: Big gains expected as trade tensions ease

23rd Apr 2025 07:22

(Sharecast News) - UK stocks are expected to jump in early deals on Wednesday, tracking strong gains on Wall Street and Asia, as fears about the economic fallout from the trade war begin to ease.

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Reckitt maintains guidance after mixed first quarter

23rd Apr 2025 07:22

(Sharecast News) - Reckitt Benckiser shares were sliding at the open on Wednesday, even after it reported a 3.1% rise in like-for-like net revenue for its Core business in the first quarter, as revenue in Europe and North America declined.

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Wednesday newspaper round-up: Tesla, IMF, China tariffs...

23rd Apr 2025 07:12

(Sharecast News) - The Tesla chief executive, Elon Musk, said he will start pulling back from his role at the so-called "department of government efficiency" starting in May. Musk's remarks came as the company reported a massive dip in both profits and revenues in the first quarter of 2025 amid backlash against his role in the White House. On an investor call, Musk said the work necessary to get the government's "financial house in order is mostly done". - The Guardian

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