News Archive
Ultimate Products revenue falls as consumers spend less
13th Aug 2025 11:35
(Sharecast News) - Ultimate Products reported a 3.4% drop in annual revenue to £150.1m for the year ended 31 July, as weaker demand for general merchandise offset growth in its core brands.
Read moreNewRiver to repurchase shares from Growthpoint Properties
13th Aug 2025 11:30
(Sharecast News) - NewRiver REIT confirmed plans to repurchase up to 47.7 million shares from Growthpoint Properties at 75p each on Wednesday, alongside a secondary placing of the South African investor's stake.
Read moreAsia report: Most markets join global rally
13th Aug 2025 11:26
(Sharecast News) - Asia-Pacific equities mostly rose on Wednesday, following Wall Street higher after softer US inflation data boosted expectations the Federal Reserve could cut interest rates next month.
Read moreBeeks launches 'world first' AI capital markets monitoring product
13th Aug 2025 11:04
(Sharecast News) - Beeks Financial Cloud announced the launch of 'Market Edge Intelligence' on Wednesday, which it claims is the world's first AI and machine learning solution for passive monitoring of capital markets data directly at the network edge.
Read moreLondon midday: FTSE pares gains in quiet trade but US rate cut hopes underpin mood
13th Aug 2025 10:46
(Sharecast News) - London stocks had pared gains by midday on Wednesday in quiet trade, but the mood remained upbeat after the latest US inflation reading raised hopes of a September rate cut from the Federal Reserve.
Read moreEurope midday: Shares hold gains as traders bet on US rate cut
13th Aug 2025 10:29
(Sharecast News) - European shares were higher on Wednesday on the back of a strong showing on Wall Street amid rising hopes of a US rate cut next month.
Read moreUS mortgage applications surge 10.9pc
13th Aug 2025 09:48
(Sharecast News) - US mortgage applications were up by double digits in the week ended 8 August, according to the Mortgage Bankers Association of America.
Read moreDebt-laden Evergrande to delist from Hong Kong exchange
13th Aug 2025 09:46
(Sharecast News) - Shares in failed Chinese real estate giant Evergrande are to delist from the Hong Kong stock exchange some 19 months after being suspended.
Read moreUS pre-open: Futures higher as mild inflation report continues to buoy sentiment
13th Aug 2025 09:32
(Sharecast News) - Wall Street futures were in the green ahead of the bell on Wednesday, following yesterday's tamer-than-expected July consumer price index.
Read morePorsche SE to diversify into defence as holding company slashes profit guidance
13th Aug 2025 09:01
(Sharecast News) - Frankfurt-listed holding company Porsche Automobil Holding, otherwise known as Porsche SE, on Wednesday slashed its profit forecasts for 2025 and announced a diversification of the business to focus further on the defence sector.
Read moreEvoke H1 EBITDA jumps 44pc, pre-tax losses halve
13th Aug 2025 08:55
(Sharecast News) - Betting and gaming group Evoke reported an improved first-half performance on Wednesday, with profitability and margin expansion helping offset modest top-line growth.
Read moreBerenberg upgrades Quilter to 'buy'
13th Aug 2025 08:46
(Sharecast News) - Analysts at Berenberg upgraded Quilter from 'hold to 'buy' on Wednesday and said they "have been impressed" by the group's transformation, which they noted has driven "a material acceleration" of inflows of client assets over the past 18 months.
Read moreITM Power signs supply deal for West Wales Hydrogen Project
13th Aug 2025 08:43
(Sharecast News) - ITM Power announced the signing of a supply agreement and binding heads of terms for a long-term services deal with MorGen Energy on Wednesday, for the 20MW West Wales Hydrogen project in Milford Haven, marking a key step towards construction.
Read moreRBC Capital upgrades Genuit to 'outperform' on growth potential
13th Aug 2025 08:36
(Sharecast News) - RBC Capital Markets upgraded Genuit on Wednesday to 'outperform' from 'sector perform' as it said the company was geared for growth.
Read moreLondon open: Stocks gain on US rate cut hopes
13th Aug 2025 08:01
(Sharecast News) - London stocks rose in early trade on Wednesday, taking their cue from a record close on Wall Street after the latest US inflation reading raised hopes of a September rate cut from the Federal Reserve.
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