News Archive
Balfour Beatty H1 profit underpinned by UK construction arm
13th Aug 2025 07:57
(Sharecast News) - Infrastructure group Balfour Beatty backed its full-year expectations on Wednesday as it posted a jump in first-half profit, underpinned by its UK construction business.
Read moreTUI raises FY earnings guidance
13th Aug 2025 07:48
(Sharecast News) - Travel firm TUI posted stronger-than-expected third-quarter earnings on Wednesday, citing both resilient summer travel demand and solid performances across its hotels and cruise divisions.
Read moreEurope open: Shares jump on hopes of Fed rate cut
13th Aug 2025 07:46
(Sharecast News) - European shares opened higher on Wednesday on the back of a strong showing on Wall Street amid rising hopes of a US rate cut next month.
Read moreThursday preview: Sharp UK GDP slowdown expected in Q2
13th Aug 2025 07:46
(Sharecast News) - UK economic data is set to steal the limelight on Thursday morning, with investors awaiting their first look at preliminary GDP figures for the second quarter and industrial production numbers for June.
Read moreShoe Zone shares tank after profit warning, dividend cancellation
13th Aug 2025 07:42
(Sharecast News) - Shoe Zone's share price plummeted on Wednesday after the high street footwear retailer halved its profit forecasts for the current financial year and cancelled its dividend.
Read moreLondon pre-open: Stocks seen up amid US rate cut hopes
13th Aug 2025 07:41
(Sharecast News) - London stocks were set to gain at the open on Wednesday following a record close on Wall Street, after the latest US inflation reading raised hopes of a September rate cut by the Federal Reserve.
Read moreCLS Holdings rental income falls in H1, halves interim dividend
13th Aug 2025 07:33
(Sharecast News) - Property investor CLS Holdings reported a mixed first-half performance on Wednesday, with progress on strategic priorities tempered by weaker rental income.
Read moreWednesday newspaper round-up: Inheritance tax, jobless benefits, Trump
13th Aug 2025 07:32
(Sharecast News) - The Treasury is looking at ways to raise more money from inheritance tax amid growing pressure on the country's finances ahead of the autumn budget, sources have told the Guardian. Officials have been tasked with examining whether tightening rules on the gifting of money and assets could be one way of addressing a gap between revenue and spending that is estimated to reach more than £40bn. - Guardian
Read moreGerman July inflation confirmed at 1.8%
13th Aug 2025 07:17
(Sharecast News) - German inflation slowed to 1.8% in July, down from 2.0% in the previous month, confirming a flash estimate, the Federal Statistics Office said on Wednesday.
Read moreJPMorgan downgrades Legal & General to 'neutral' on valuation, earnings outlook
13th Aug 2025 07:17
(Sharecast News) - JPMorgan Cazenove downgraded Legal & General on Wednesday to 'neutral' from 'overweight' and cut the price target to 275p from 290p on valuation, earnings outlook and competition risks.
Read moreHill and Smith unveils £100m buyback following solid first half
13th Aug 2025 07:14
(Sharecast News) - Construction and infrastructure products group Hill and Smith has announced a £100m share buyback programme after reporting strong cash generation and a double-digit increase in underlying profits in the first half.
Read moreBeazley H1 premiums grow, pre-tax profits fall
13th Aug 2025 07:05
(Sharecast News) - Specialist insurer Beazley reported a mixed set of first-half results on Wednesday, with solid premium growth offset by a sharp drop in profitability and a cut to full-year premium growth guidance.
Read morePersimmon holds 12,000 FY completions target
13th Aug 2025 07:03
(Sharecast News) - House builder Persimmon said it still expected to deliver between 11,000 and 11,500 completions for the full year despite higher costs and the prospect of tax rises in October's Budget which could inpose "affordability constraints".
Read moreUS close: Stocks log winning session following July CPI reading
12th Aug 2025 22:17
(Sharecast News) - Major indices recorded sharp gains on Tuesday as traders digested last month's consumer price index.
Read moreLondon close: Stocks mixed on China trade truce, US CPI reading
12th Aug 2025 17:05
(Sharecast News) - London stocks ended Tuesday mixed as investors weighed a slowdown in US monthly consumer inflation against an extension of the trade truce between the US and China.
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