News Archive
Salzgitter lowers outlook after 'unsatisfactory' first half
11th Aug 2025 09:13
(Sharecast News) - German steelmaker Salzgitter reported a pre-tax loss of €83.8m for the first half of 2025 on Monday, a sharp reversal from last year's profit, prompting the company to lower its full-year financial outlook.
Read moreCiti hikes Rolls-Royce price target
11th Aug 2025 08:02
(Sharecast News) - Citi hiked its price target on Rolls-Royce on Monday to 1,100p from 641p, highlighting three main reasons for the move and saying the stock is "expensive on profits multiples" and "about right on cash".
Read moreMarshalls H1 revenue growth offset by drop in profitability
11th Aug 2025 07:59
(Sharecast News) - Landscaping products manufacturer Marshalls said on Monday that modest revenue growth had been offset by a sharp drop in profitability in H1, as challenging market conditions continued to weigh on its core landscaping division.
Read moreEurope open: Stocks mixed as investors eye Trump-Putin talks
11th Aug 2025 07:55
(Sharecast News) - European stocks were mixed in early trade on Monday as investors eyed talks on Ukraine between US President Trump and Russia's Vladimir Putin.
Read moreLondon open: Stocks make gains in quiet trade
11th Aug 2025 07:55
(Sharecast News) - London stocks rose in early trade on Monday in what looked set to be a fairly quiet start to the week, with little in the way of either corporate or macro news to get markets moving.
Read moreGemfields to sell Faberge to SMG Capital for $50m
11th Aug 2025 07:52
(Sharecast News) - Gemfields said on Monday that it has agreed to sell iconic luxury brand Fabergé to SMG Capital LLC for $50m.
Read moreJPMorgan hikes Rolls-Royce target price following 'exceptionally strong' H1
11th Aug 2025 07:48
(Sharecast News) - Analysts at JPMorgan hiked their target price on Rolls-Royce by 20% to 1,245p on Monday following the group's "exceptionally strong" H1 results.
Read morePlus500 posts solid H1 results amid ongoing strategic expansion
11th Aug 2025 07:47
(Sharecast News) - Fintech business Plus500 posted a solid set of H1 results on Monday, with strategic expansion and product diversification helping it maintain momentum across its trading platform business.
Read moreMartin Sorrell's S4 Capital in 'very preliminary' merger talks with MSQ
11th Aug 2025 07:39
(Sharecast News) - Martin Sorrell's S4 Capital confirmed on Monday that it has received a proposal from MSQ, a creative and technology agency owned by One Equity Partners, about a possible combination.
Read moreLondon pre-open: Stocks seen muted in quiet trade
11th Aug 2025 07:32
(Sharecast News) - London stocks were set for a muted open on Monday in what looked set to be a fairly quiet start to the week.
Read moreMonday newspaper round-up: Retailers, hiring intentions, NatWest
11th Aug 2025 07:25
(Sharecast News) - Rachel Reeves must intervene to assist British retailers by ending an imports tax break that favours Chinese online rivals and rethinking plans for higher levies on large stores, the boss of the DIY chain B&Q has said. The outspoken plea comes as the government faces growing pressure over its management of the economy after the Bank of England said when it cut interest rates on Thursday that tax rises were contributing to rising inflation and unemployment. - Guardian
Read moreGordon Sanghera to step down as Oxford Nanopore CEO
11th Aug 2025 07:19
(Sharecast News) - Oxford Nanopore Technologies announced Monday that Gordon Sanghera, its co-founder and chief executive officer, would step down from his role and the board by the end of 2026.
Read moreEurope close: Stocks end down as investors eye US inflation print
11th Aug 2025 07:17
(Sharecast News) - European stocks ended lower on Monday as investors eyed talks on Ukraine between US President Trump and Russia's Vladimir Putin and the latest US inflation print.
Read moreGSK gepotidacin edges closer to landmark approval for gonorrhoea
11th Aug 2025 07:15
(Sharecast News) - Drugmaker GSK moved closer to expanding its antibiotic portfolio on Monday, after US regulators accepted its application to review gepotidacin as a potential oral treatment for gonorrhoea.
Read moreDiversified Energy Q2 revenues surge 73pc, underlying earnings more than double
11th Aug 2025 07:10
(Sharecast News) - Production company Diversified Energy said on Monday both production and cash flow had improved in Q2, underscoring the benefits of its recent Maverick acquisition and leading it to reiterate FY guidance.
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