News Archive

London midday: FTSE 100 rally continues, but gains limited

30th Apr 2025 10:36

(Sharecast News) - The FTSE 100 continued its march higher on Wednesday - marking its longest winning streak in more than eight years - though upside was limited on the back of gloomy data from China and cautiousness ahead of some crucial economic indicators and corporate earnings from the US.

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PureTech financials improve in a year of clinical, regulatory milestones

30th Apr 2025 10:35

(Sharecast News) - PureTech Health impressed the market with its annual results for 2024, as the company maintained a strong cash position while hitting a number of key clinical and regulatory milestones during the year.

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London open: Stocks hold higher, US data in focus

30th Apr 2025 10:23

(Sharecast News) - Stocks were moving slightly higher at the end of the month, ahead of a big day for economic data and company results on both sides of the Atlantic.

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Haleon confirms outlook despite 'challenging' backdrop

30th Apr 2025 09:51

(Sharecast News) - Consumer healthcare giant Haleon reiterated its full-year guidance on Wednesday, despite an increasingly "challenging and uncertain" macroeconomic backdrop.

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Melrose Industries makes 'good start to the year' in Q1

30th Apr 2025 09:35

(Sharecast News) - Aerospace manufacturer Melrose Industries said on Wednesday that it had made "a good start to the year", with Q1 revenue, profits and cash all in line with internal expectations.

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Weir Group finalises acquisition of Micromine

30th Apr 2025 09:31

(Sharecast News) - Weir Group announced on Wednesday that it has finalised the acquisition of Micromine, a global mining software specialist, for a sterling-equivalent enterprise value of £624m, as it moves to expand its digital solutions offering for the mining sector.

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Glencore lowers energy coal outlook after mixed quarter

30th Apr 2025 09:23

(Sharecast News) - Glencore reported a sharp decline in copper production during the first quarter on Wednesday, while output of cobalt and steelmaking coal rose strongly, supported by higher grades and recent acquisitions.

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Coca-Cola HBC revenue growth beats expectations

30th Apr 2025 09:10

(Sharecast News) - Bottling company Coca-Cola HBC reported better-than-expected first-quarter organic revenue growth on Wednesday, driven by strong demand in emerging markets.

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B&M CEO steps down, search for successor continues

30th Apr 2025 08:57

(Sharecast News) - Variety store B&M European Value Retail said on Wednesday that Alex Russo will step down as chief executive, effective immediately.

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Prudential reports 12pc uptick in new business profit

30th Apr 2025 08:57

(Sharecast News) - Prudential reported a 12% increase in new business profit for the first quarter on Wednesday, reaching $608m on a traditional embedded value basis, supported by broad-based growth across its key Asian markets.

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OSB Group reports solid start to year

30th Apr 2025 08:50

(Sharecast News) - OSB Group reported a solid start to 2025 on Wednesday, with first-quarter performance in line with expectations and the group reiterating its full-year guidance.

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SIG reports Q1 LFL sales growth

30th Apr 2025 08:49

(Sharecast News) - Insulation and building products supplier SIG said on Wednesday that like-for-like sales had grown in the three months ended 31 March as it continued to execute on its strategic initiatives to drive cost savings and productivity, and to improve cash generation.

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Warm weather and late Easter boost grocery sales - NIQ

30th Apr 2025 08:48

(Sharecast News) - Supermarket sales jumped in April, industry data showed on Wednesday, as the late Easter and sunny weather supercharged demand.

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Ibstock CFO to join Hill & Smith

30th Apr 2025 08:42

(Sharecast News) - Hill & Smith said it had appointed Ibstock chief financial officer Chris McLeish to take on the same role from October this year.

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Spectris Q1 sales slip, continues to expect 'strong progress' in FY25

30th Apr 2025 08:31

(Sharecast News) - Precision instrumentation supplier Spectris said on Wednesday that it continues to expect "strong progress" in 2025 despite the "uncertain macroeconomic environment" created by Donald Trump's "reciprocal" tariffs.

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