News Archive
London open: Stocks fall as Nvidia warns of $5.5bn hit from US-China trade war
16th Apr 2025 08:00
(Sharecast News) - London stocks fell in early trade on Wednesday despite better-than-expected UK inflation data, with sentiment dented after US chipmaker Nvidia warned it will take a $5.5bn hit from Donald Trump's trade war with China.
Read moreMitie lifts profit outlook, announces £125m share buyback
16th Apr 2025 07:45
(Sharecast News) - Outsourcer Mitie lifted its full-year profit guidance on Wednesday following "continued good momentum" in the fourth quarter, and announced the launch of a £125m share buyback.
Read moreEurope open: Stocks pull back after recent gains
16th Apr 2025 07:44
(Sharecast News) - European stocks pulled back on Wednesday as investors took a breather after two days of solid gains, treading cautiously ahead of inflation data and a European Central Bank meeting.
Read moreUK inflation slows more than expected in March
16th Apr 2025 07:42
(Sharecast News) - UK consumer price inflation slowed more than expected in the year to March, according to data released on Wednesday by the Office for National Statistics.
Read moreLondon pre-open: Stocks to fall as investors mull China GDP, UK inflation
16th Apr 2025 07:36
(Sharecast News) - London stocks were set to fall at the open on Wednesday following downbeat sessions in the US and Asia, as investors mulled the latest China GDP data and UK inflation figures.
Read moreExtreme weather hits Rio Tinto's iron ore shipments in Q1
16th Apr 2025 07:27
(Sharecast News) - Diversified mining group Rio Tinto expects iron ore shipments at its Pilbara operation in Western Australia to be at the lower end of guidance due to losses as a result of extreme weather in the first quarter.
Read moreWednesday newspaper round-up: UK energy summit, Grant Thornton, Nvidia
16th Apr 2025 07:24
(Sharecast News) - China is to snub a major UK summit on energy security next week, the Guardian has learned, amid a growing row over the country's involvement in UK infrastructure projects. The US will send a senior White House official to the 60-country summit, to be co-hosted with the International Energy Agency. Leading oil and gas companies are also invited, along with big technology businesses, and petrostates including Saudi Arabia, Qatar and the United Arab Emirates. - Guardian
Read moreBarratt Redrow on track after stable quarter
16th Apr 2025 07:22
(Sharecast News) - Barratt Redrow said in an update on Wednesday that it remained on track to deliver full-year home completions in the range of 16,800 to 17,200, including around 600 joint venture homes, as it reported a stable trading performance in the 13 weeks to 30 March.
Read moreBrooks Macdonald on track to meet full-year expectations
16th Apr 2025 07:20
(Sharecast News) - Brooks Macdonald reported a 7% increase in funds under management and advice (FUMA) to £18.6bn for the three months ended 31 March on Wednesday, driven by market movements and the addition of advised-only assets through acquisition.
Read moreBunzl cuts full-year outlook, warns of tariff uncertainty
16th Apr 2025 07:04
(Sharecast News) - Bunzl has lowered its guidance for 2025 after a worse-than-expected start to the year, with profits down "significantly" in the first quarter due to a challenging economic backdrop.
Read moreUS close: Stocks lower as Q1 earnings season begins to pick up steam
15th Apr 2025 22:42
(Sharecast News) - Major indices headed south on Tuesday as traders digested a fresh batch of Q1 earnings from more of the nation's biggest names in banking.
Read moreEurope close: Stocks continue to grind higher
15th Apr 2025 18:47
(Sharecast News) - European stock markets extended gains on Tuesday as investor concerns surrounding trade uncertainty continued to ease, with strong performances in the auto sector and a host of positive corporate earnings providing a lift.
Read moreBroker tips: 3i Group, Rotork, Next Fifteen
15th Apr 2025 16:38
(Sharecast News) - Citi lifted its price target on 3i Group on Tuesday to 4,850 from 4,670p, mainly due to FX, and reiterated its 'buy' rating following the filing of Dutch retailer Action's 2024 annual report.
Read moreEricsson reports strong Q1 as US tariff risks cloud outlook
15th Apr 2025 15:21
(Sharecast News) - Ericsson reported a stronger-than-expected rise in first-quarter profit on Tuesday, driven by a surge in US operator demand, even as global sales remained flat and trade tensions introduced new uncertainty.
Read moreFTSE 250 movers: Tate & Lyle, B&M both impress with updates
15th Apr 2025 15:20
(Sharecast News) - Well-received updates from Tate & Lyle, B&M and FirstGroup were providing a boost to the FTSE 250 on Tuesday, while broker upgrades were giving DiscoverIE and Rotork a lift.
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