News Archive
James Latham revenues rising amid strong timber product demand
20th Aug 2025 09:11
(Sharecast News) - James Latham said in an update on Wednesday that revenue rose to £133m in the four months ended 31 July, up from £127m a year earlier, with volumes increasing by 5.9%.
Read moreAsia report: Markets mixed on Japan export drop, RBNZ cut
20th Aug 2025 09:10
(Sharecast News) - Asia-Pacific equities ended mostly lower on Wednesday, tracking overnight weakness on Wall Street, as investors assessed Japan's trade data and China's decision to leave lending rates unchanged for a third straight month.
Read moreUK consumer confidence stuck in a rut as food inflation accelerates
20th Aug 2025 09:07
(Sharecast News) - UK consumer confidence improved marginally in August but remains "in the doldrums", according to a survey from the British Retail Consortium on Thursday, with accelerating food inflation continuing to dampen sentiment.
Read moreEurozone inflation confirmed at 2% for second straight month
20th Aug 2025 09:05
(Sharecast News) - Consumer prices across the eurozone held steady over the month of July, keeping the annual rate of inflation in line with the European Central Bank's target for the second month in a row.
Read moreConvatec launches $300m buyback, shares surge
20th Aug 2025 09:03
(Sharecast News) - Convatec surged on Wednesday as the medical products company launched a share buyback programme of up to $300m.
Read moreCostain shares tank as first-half revenues drop 18%
20th Aug 2025 08:12
(Sharecast News) - Shares in Costain plummeted on Wednesday despite the construction and engineering firm hiking its dividend, as revenues in the first half dropped by almost a fifth.
Read moreAngling Direct reports stronger-than-expected H1 trading performance
20th Aug 2025 08:10
(Sharecast News) - Fishing tackle and equipment retailer Angling Direct reported a stronger-than-expected first-half trading performance on Wednesday, with revenues boosted by a solid UK performance.
Read moreBerenberg ups target price on Hill and Smith
20th Aug 2025 07:57
(Sharecast News) - Analysts at Berenberg raised their target price on construction and infrastructure products manufacturer Hill & Smith from 2,500p to 2,650p on Wednesday after the group reported "an encouraging set of H125 results" a week earlier.
Read moreEurope open: Shares fall on weak Wall St, UK inflation jump
20th Aug 2025 07:56
(Sharecast News) - European shares opened lower on Wednesday following weaker Wall Street and Asian markets as traders digested a jump in UK inflation and looked ahead to the release of Federal Reserve meeting minutes.
Read moreGerman producer prices register steepest fall in 13 months
20th Aug 2025 07:52
(Sharecast News) - Wholesale prices in Germany unexpectedly fell in July, with the annual rate of deflation picking up to a 13-month high, according to data out on Wednesday from Destatis.
Read moreLondon open: FTSE nudges lower as inflation rises more than expected
20th Aug 2025 07:50
(Sharecast News) - London stocks nudged lower in early trade on Wednesday after figures showed that UK inflation rose more than expected in July.
Read moreRBC Capital upgrades Aberdeen, says earnings recovery 'on firmer footing'
20th Aug 2025 07:42
(Sharecast News) - RBC Capital Markets upgraded Aberdeen to 'sector perform' from 'underperform' on Wednesday and hiked the price target to 195p from 140p, reflecting improvements across its three segments.
Read moreLondon pre-open: Stocks seen lower as inflation rises more than expected
20th Aug 2025 07:32
(Sharecast News) - London stocks were set to fall at the open on Wednesday after figures showed that UK inflation rose more than expected in July.
Read moreComputacenter appoints Keith Mortimer as new CFO
20th Aug 2025 07:21
(Sharecast News) - B2B tech firm Computacenter has promoted its head of group commercial finance to the chief financial officer position following a nine-month internal and external search.
Read moreWednesday newspaper round-up: OpenAI, Citroen, John Lewis
20th Aug 2025 07:20
(Sharecast News) - The maker of ChatGPT is on the cusp of becoming the world's most valuable private company. OpenAI is in talks to sell $6bn in shares, which would boost its valuation to $500bn, according to multiple reports. The artificial intelligence startup's stock would be sold to investors by current and former employees. OpenAI has seen exponential growth over the past year. Investors, including Microsoft and SoftBank, have poured at least $40bn into the startup, giving it a valuation of $300bn as of March. Last October, it was valued at $157bn. - Guardian
Read more