News Archive

Travis Perkins H1 adjusted operating profit dented by Merchanting segment

5th Aug 2025 07:39

(Sharecast News) - Travis Perkins posted a drop in first-half adjusted operating profit on Tuesday as revenue dipped, dented by a weaker performance in the Merchanting segment.

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London pre-open: Stocks seen up as Diageo, BP report

5th Aug 2025 07:36

(Sharecast News) - London stocks were set to gain at the open on Tuesday following a positive session on Wall Street, as investors braced for another deluge of earnings, with BP and Diageo in the mix.

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BP to review assets; Q2 earnings beat expectations

5th Aug 2025 07:35

(Sharecast News) - BP on Tuesday posted better-than-expected second-quarter earnings and raised its dividend as it announced a review of its assets amid calls from investors for the energy giant to boost returns.

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Tuesday newspaper round-up: Shein, Chinese driverless cars, River Island

5th Aug 2025 07:24

(Sharecast News) - China is urging its electric vehicle industry to stop cutting prices and rein in production amid fears that persistent deflation is imperilling economic growth. In recent months Chinese officials have talked repeatedly of the need to combat "involution" in sectors suffering from overcapacity, such as EVs, referring to the phenomenon of investing more effort and money for diminishing returns. - Guardian

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GlobalData first-half revenue rises as it launches tender offer

5th Aug 2025 07:19

(Sharecast News) - GlobalData reported a 12% rise in revenue to £156.5m for the first half of 2025 on Tuesday, and announced a £60m tender offer to return surplus capital to shareholders, as it pressed ahead with its growth transformation plan and prepared to move to a main market listing.

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Wednesday preview: Glencore, L&G results due; UK construction PMI in focus

5th Aug 2025 07:17

(Sharecast News) - Wednesday will see results from the likes of Glencore, Legal & General, Lancashire Holdings, 4imprint and Vesuvius, among others.

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Diageo FY operating profits slump, organic net sales grow

5th Aug 2025 07:09

(Sharecast News) - Alcoholic beverage giant Diageo posted a mixed set of FY results on Tuesday, as the group navigated FX headwinds and restructuring costs while maintaining organic growth.

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Spectris accepts £4.2bn KKR bid as takeover battle hots up

5th Aug 2025 07:03

(Sharecast News) - The takeover battle for Spectris took another twist on Tuesday after the specialist instrument maker accepted an increased offer from KKR valuing it at £4.2bn, trumping rival private equity firm Advent.

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US close: Stocks bounce back on rate-cut hopes

4th Aug 2025 23:39

(Sharecast News) - US stocks rebounded strongly on Monday after a sell-off the previous session, as gloomy economic data raised the likelihood that the Federal Reserve will cut interest rates to shore up the economy.

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London close: Stocks rise on back of motor lender ruling

4th Aug 2025 17:35

(Sharecast News) - London stocks closed higher on Monday, led by sharp gains among lenders following a favourable Supreme Court ruling on motor finance commissions.

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Europe close: Stoxx 600 climbs as banking sector gains, Swiss equities lag on tariff headwinds

4th Aug 2025 15:38

(Sharecast News) - European stocks closed higher on Monday, bouncing back from a six-week low, helped by strong gains in Frankfurt, Paris, Milan and Madrid.

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US factory orders register steepest monthly drop in five years

4th Aug 2025 15:37

(Sharecast News) - New orders for manufactured goods in the Unites States fell by their most in five year in June, according to data out on Monday from the Census Bureau.

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Europa Oil shares rise as associate Antler looks at farm-out

4th Aug 2025 15:23

(Sharecast News) - Europa Oil & Gas shares were surging on Monday, after it announced that its associated company Antler Global had signed a non-binding heads of terms with a major energy firm regarding the proposed farm-out of an interest in the EG-08 production sharing contract (PSC) offshore Equatorial Guinea.

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Revenue rises, losses narrow for Directa Plus

4th Aug 2025 15:19

(Sharecast News) - Directa Plus has reported a 15% increase in first-half revenue on Monday, alongside a substantial reduction in losses, as the graphene products specialist benefitted from high-value contracts and improved operational efficiency.

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US open: Stocks higher, rebound from heavy losses

4th Aug 2025 14:45

(Sharecast News) - Wall Street trading got off to a positive start on Monday as major indices tried to rebound from Friday's heavy losses.

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