News Archive

Europe open: Stoxx up as investors eye EZ inflation, China data, trade tensions

3rd Jun 2025 07:47

(Sharecast News) - European shares opened higher as investors mulled an unexpected fall in Chinese factory activity and awaited a flash print of eurozone inflation data along with any developments in the US-China trade war.

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London pre-open: Stocks seen up; BAT, Chemring results in focus

3rd Jun 2025 07:35

(Sharecast News) - London stocks were set to gain at the open on Tuesday following a positive close on Wall Street.

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Tuesday newspaper round-up: M&S, Boohoo, commercial landlords

3rd Jun 2025 07:20

(Sharecast News) - The pay package of Marks & Spencer's chief executive jumped to more than £7m just weeks before the cyber-attack that rocked the retailer. Stuart Machin received £7.1m for last financial year, up nearly 40% on the £5.1m he took home a year earlier, according to its annual report. He received the bump thanks to a sharp rise in performance-linked bonuses. - Guardian

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Pennon pre-tax losses widen in full-year results

3rd Jun 2025 07:16

(Sharecast News) - Pennon Group reported a full-year statutory pre-tax loss of £72.7m for the 12 months ended 31 March on Tuesday, widening from a £9.1m loss the prior year, as finance costs rose and the company absorbed charges related to operational and structural interventions.

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Chemring order book hits record as nations ramp up defence spending

3rd Jun 2025 07:04

(Sharecast News) - Defence and aerospace company Chemring held annual guidance after a jump in interim profits and record order book amid global geopolitical tensions.

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British American Tobacco FY revenues seen 'slightly ahead' of guidance

3rd Jun 2025 07:03

(Sharecast News) - Cigarette and nicoting products giant British American Tobacco said on Tuesday that FY revenues were set to come in "slightly ahead" of previous guidance, thanks in part to a return to both top and bottom line growth in the US.

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US close: Stocks close higher despite heightened trade tensions

2nd Jun 2025 21:32

(Sharecast News) - Major indices closed higher on Monday after China said it would take strong measures to defend its interests as it claimed the US had "severely violated" their recently struck trade agreement.

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London close: Stocks manage gains despite trade concerns

2nd Jun 2025 16:32

(Sharecast News) - London stocks ended marginally higher on Monday, with investors weighing a series of UK and global economic data releases and monitoring escalating trade tensions between the US and China.

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Focus Xplore reports progress at Bay Road

2nd Jun 2025 16:17

(Sharecast News) - Focus Xplore reported encouraging progress from its exploration campaign at the Bay Road rare earth element (REE) project in Ontario on Monday, with new geological features identified that could point to high-value mineralisation.

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Westminster Group starts airport security operations in Gabon

2nd Jun 2025 16:07

(Sharecast News) - Westminster Group announced the start of full operations under its long-term airport security contract in Gabon on Monday, following the successful completion of a 90-day transition period.

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Europe close: Markets rangebound as trade tensions hit risk appetite

2nd Jun 2025 16:00

(Sharecast News) - European stock markets finished Monday's session in mixed fashion on the back of renewed trade concerns after the temporary truce on tariffs between China and the US came to an abrupt end.

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Broker tips: Drax, Intertek, 1Spatial, Aberdeen

2nd Jun 2025 15:22

(Sharecast News) - Jefferies resumed coverage of Drax on Monday with a 'buy' rating and 750p price target, saying it was "resilient" amid uncertainty.

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NatWest names Solange Chamberlain as head of retail bank

2nd Jun 2025 15:09

(Sharecast News) - NatWest has named Solange Chamberlain as the head of its retail banking operation, replacing David Lindberg who announced his resignation six months ago.

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FTSE 250 movers: Qinetiq surges on UK defence review

2nd Jun 2025 14:52

(Sharecast News) - FTSE 250 (MCX) 21,022.08 -0.03%

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