Tuesday preview: US factory sector, Ashtead in the spotlight
2nd Sep 2024 15:22
(Sharecast News) - Investors' focus on Tuesday will be on the US manufacturing sector.
Read moreLondon close: Stocks claw back losses but still finish lower
8th Aug 2024 14:57
(Sharecast News) - London markets ended Thursday on a weaker note despite recovering some earlier losses, as concerns over a potential US recession weighed on investor sentiment.
Read moreLondon close: Stocks manage a positive finish
18th Jun 2024 16:33
(Sharecast News) - London stocks closed on a high note on Tuesday, buoyed by strong performances from key sectors and a notable rise in Whitbread shares following positive first-quarter results.
Read moreAshtead narrowly misses profit forecasts as Q4 growth slows
18th Jun 2024 07:28
(Sharecast News) - Equipment rental group Ashtead broadly met consensus estimates with double-digit annual revenue growth, though profits did come in shy of expectations, as the company pointed to a further moderation of growth in the coming year.
Read moreTuesday preview: US retail sales, Reserve Bank of Australia in focus
17th Jun 2024 11:37
(Sharecast News) - The market spotlight on Tuesday will be on US industrial production and retail sales figures for the month of May.
Read moreSunday newspaper round-up: Tax increases, Ashtead, Stamp duty
9th Jun 2024 12:19
(Sharecast News) - Tax increases worth £800 per year for the average household are on the way regardless of who comes out on top in the next general election, the Resolution Foundation says. Measures that have already been announced thus far will raise the tax haul by roughly £23bn by 2028-29. That is because freezing extant tax rates drives higher revenue for the Treasury. None of the two main parties has pledged to do away with a six-year freeze on income tax and national insurance thresholds or the coming spring's reversal of temporary reductions in business rates, fuel duty, stamp duty or land tax. - Guardian
Read moreJPMorgan places Ashtead on 'positive catalyst watch' ahead of CMD
25th Mar 2024 09:57
(Sharecast News) - JPMorgan Cazenove placed Ashtead on 'positive catalyst watch' on Monday ahead of its capital markets day in Atlanta on 29 April, as it expects the stock to outperform into/on the event.
Read moreAshtead paints cautious full-year outlook after Q3 slowdown
5th Mar 2024 07:01
(Sharecast News) - Equipment rental firm Ashtead has said that full-year group revenues will expand at the low end of its guidance as a result of the previously disclosed slowdown in North America.
Read moreLondon close: Stocks finish higher on raft of global data
30th Jan 2024 16:00
(Sharecast News) - London's stock markets managed modest gains on Tuesday, driven by the news that the eurozone had narrowly avoided a recession.
Read moreJPMorgan hikes Ashtead price target, reiterates 'overweight'
30th Jan 2024 10:26
(Sharecast News) - JPMorgan Cazenove reiterated its 'overweight' rating on Ashtead on Tuesday and hiked its price target to 6,800p from 5,600p as it argued the risk/reward is now attractive.
Read moreLondon close: Stocks turn green after US GDP release
25th Jan 2024 15:13
(Sharecast News) - Stocks in London had turned higher by the close on Thursday, as investors digested a better-than-expected GDP reading out of the United States.
Read moreLondon close: Stocks manage positive finish after mixed session
8th Jan 2024 16:38
(Sharecast News) - London's financial markets experienced a mixed trading day on Monday, with the FTSE 100 and FTSE 250 indices closing in positive territory after spending much of the session in the red.
Read moreSunday share tips: Ashtead and Sigmaroc
7th Jan 2024 13:33
(Sharecast News) - Ashtead is a "steady bet", according to The Sunday Times' Lucy Tobin, who recommends investors to buy shares in the UK-listed international equipment rental company.
Read moreLondon close: Stocks mixed as investors mull fresh data
5th Dec 2023 15:26
(Sharecast News) - London's financial markets finished with a mixed performance on Tuesday as investors considered key economic data and developments from both sides of the Atlantic.
Read moreAshtead delivers flat Q2 profit but says US remains 'robust'
5th Dec 2023 07:01
(Sharecast News) - Equipment hire specialist Ashtead delivered flat second quarter profits on Tuesday, but said demand in the US remained "robust".
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