London close: Stocks finish weaker after earlier gains
24th Apr 2024 15:09
(Sharecast News) - London markets closed the day weaker on Wednesday, reversing earlier gains as Wall Street stocks opened lower, although mining stocks remained above the waterline.
Read moreCroda backs FY profit guidance even as Q1 sales decline
24th Apr 2024 07:50
(Sharecast News) - Croda backed its full-year profit guidance on Wednesday despite a decline in first-quarter sales, as it hailed an "encouraging" start to the year for the consumer care business.
Read moreLondon close: Stocks little changed as investors look to US data
27th Feb 2024 16:05
(Sharecast News) - London's equity markets closed with a subdued performance on Tuesday, after a mixed but largely flat session trend as investors exercised caution ahead of US inflation figures later in the week.
Read moreCroda warns on margins as profits slump on weak demand
27th Feb 2024 07:02
(Sharecast News) - British speciality chemicals maker Croda International on Tuesday warned of lower operating margins this year after posting a slump in 2023 profits due to customers destocking and a weak macroeconomic environment.
Read moreLondon close: Stocks mixed ahead of US Fed, BoE decisions
31st Jan 2024 15:49
(Sharecast News) - London's financial markets finished with mixed performance on Wednesday, with investors closing their wallets ahead of rate announcements from both the US Federal Reserve and the Bank of England.
Read moreLondon close: Stocks finish higher as US inflation cools
26th Jan 2024 16:21
(Sharecast News) - London's financial markets closed positively on Friday, as investors were buoyed by an optimistic consumer confidence survey and a lower-than-anticipated inflation reading from across the pond.
Read moreBerenberg nudges up target price on Croda ahead of FY results
5th Jan 2024 10:59
(Sharecast News) - Analysts at Berenberg raised their target on diversified chemicals business Croda from 50.0p to 52.0p on Friday, stating the group's results "should provide what the market has been looking for".
Read moreLondon close: Stocks make small gains in wake of rate decisions
18th Dec 2023 15:35
(Sharecast News) - London stocks closed with minimal changes on Monday, following a week marked by significant central bank decisions.
Read moreCroda profits at low end of guidance as CFO departs for Spirax-Sarco
18th Dec 2023 07:14
(Sharecast News) - British speciality chemicals company Croda International is on the hunt for a new chief financial officer after announcing that its current CFO will leave the group next year.
Read moreLondon close: Stocks rise ahead of US Fed policy decision
1st Nov 2023 16:35
(Sharecast News) - London's stock market finished in positive territory on Wednesday, with investors keeping a keen eye on the upcoming policy announcement from the US Federal Reserve.
Read moreEstee Lauder cuts outlook; cites China, Middle East risks
1st Nov 2023 12:49
(Sharecast News) - US cosmetics group Estee Lauder cut its full-year forecasts on Wednesday as it pointed to a slower-than-expected recovery in China.
Read moreLondon close: Stocks slip into red on growing Middle East concerns
9th Oct 2023 15:40
(Sharecast News) - London's financial markets closed in the red on Monday, relinquishing earlier gains as geopolitical tensions emanating from the Israel-Gaza conflict hit global sentiment.
Read moreCroda cuts full-year profit outlook
9th Oct 2023 07:25
(Sharecast News) - Specialty chemicals company Croda cut its full-year profit outlook on Monday following a weaker-than-expected third-quarter performance.
Read moreBroker tips: Drax, Croda, Babcock
28th Sep 2023 11:03
(Sharecast News) - JPMorgan Cazenove cut its price target on Drax on Thursday to 740p from 830p as it lowered its valuation for the stock.
Read moreDeutsche Bank sees little upside at Croda despite recent sell-off
28th Sep 2023 09:15
(Sharecast News) - Deutsche Bank has slashed its target price for Croda from 5,600p to 5,200p and maintained a 'hold' recommendation, saying it expects disappointing guidance from the speciality chemicals company at its next update.
Read more