News Archive

London midday: Stocks fall as investors mull Nvidia results; ex-divs weigh

28th Aug 2025 10:24

(Sharecast News) - London stocks had fallen into the red by midday on Thursday, with US chip maker Nvidia in focus after its second-quarter earnings failed to impress, with ex-dividends taking some of the shine off markets.

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Berenberg raises target price on JD Sports

28th Aug 2025 10:19

(Sharecast News) - Analysts at Berenberg hiked their target price on sportswear retailer JD Sports from 128p to 155p on Thursday, stating it played "an important role in the market".

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Australia probe into Gupta deepens - report

28th Aug 2025 10:17

(Sharecast News) - Troubled metals tycoon Sanjeev Gupta is reportedly facing a wider probe by Australian regulators into his operations in the country.

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Asia report: Markets mixed as Bank of Korea holds rates

28th Aug 2025 09:54

(Sharecast News) - Asia-Pacific markets ended mixed on Thursday as investors assessed the Bank of Korea's latest policy decision and digested corporate earnings across the region.

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PPHE Hotel Group revenue rises, margins under pressure

28th Aug 2025 09:45

(Sharecast News) - PPHE Hotel Group reported a rise in revenue for the first half of 2025 on Thursday, but flagged margin pressures from normalising room rates and higher costs, as it continued to expand its hotel portfolio and development pipeline.

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Greggs delays Moorhead appointment until WH Smith review completed

28th Aug 2025 09:14

(Sharecast News) - Greggs said on Thursday that Robert Moorhead has asked to defer his appointment to the board after a review into WH Smith has been completed.

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UK car production increases in July, exports drive growth

28th Aug 2025 08:34

(Sharecast News) - UK car production increased in July, according to figures from the Society of Motor Manufacturers and Traders, with exports driving growth despite a sharp decline in commercial vehicle output.

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Pernod Ricard hit by US and China headwinds, FY sales dip

28th Aug 2025 08:19

(Sharecast News) - Wine and spirits group Pernod Ricard said on Thursday that sales had declined in the twelve months ended 30 June, citing ongoing weakness in both the US and China as key drags on performance.

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Gulf Keystone revenue, earnings rise in first half

28th Aug 2025 08:16

(Sharecast News) - Gulf Keystone Petroleum reported higher first-half revenue and earnings on Thursday, as increased production and firmer prices lifted results, despite a temporary shutdown at its Shaikan Field in July.

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Europe open: Shares up as investors assess Nvidia results

28th Aug 2025 08:01

(Sharecast News) - European shares were higher at the open on Thursday as traders assessed the impact of chip maker Nvidia's results overnight.

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London open: Stocks steady as investors mull Nvidia earnings

28th Aug 2025 07:50

(Sharecast News) - London stocks were steady in early trade on Thursday, with US chip maker Nvidia in focus after its shares fell despite better-than-expected second-quarter earnings, as uncertainty about the outlook for China sales weighed.

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London pre-open: Stocks to edge up as investors mull Nvidia earnings

28th Aug 2025 07:37

(Sharecast News) - London stocks were set to edge up at the open on Thursday, with US chip maker Nvidia in focus after shares fell despite better-than-expected second-quarter earnings, as data centre growth disappointed.

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PureTech Health contract revenues surge, cuts costs as portfolio strategy evolves

28th Aug 2025 07:35

(Sharecast News) - Biotherapeutics firm Puretech Health said on Thursday that it had made "meaningful progress" across its portfolio in the first half of 2025, with contract revenues soaring throughout the period.

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Barclays sells Entercard stake to Swedbank

28th Aug 2025 07:30

(Sharecast News) - Barclays said it had sold its shareholding in Entercard Group to its joint venture partner, Swedbank at book value - estimated to be 2.6 billion Swedish crowns.

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Thursday newspaper round-up: Property taxes, Ryanair, Addleshaw Goddard

28th Aug 2025 07:28

(Sharecast News) - Speculation that the chancellor could announce new property taxes in her autumn budget is likely to slow down an already price-sensitive housing market, estate agents have said. Rachel Reeves is reportedly considering a tax on the sale of homes over £500,000 and the removal of the capital gains tax exemption on primary residences above £1.5m as ways to boost income for the government. - Guardian

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