London close: Stocks buoyed by banking, mining positivity

26th Apr 2024 16:35

(Sharecast News) - London's equity markets closed positively on Friday, buoyed by gains in the banking sector following better-than-expected results from NatWest.

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London close: Stocks finish higher after Hunt's Spring Budget

6th Mar 2024 15:02

(Sharecast News) - London's stock markets closed in positive territory on Wednesday, as investors absorbed the Chancellor's Spring Budget announcement of a 2p reduction in National Insurance.

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Convatec lifts organic growth guidance after strong 2023

6th Mar 2024 07:12

(Sharecast News) - Medtech group Convatec has lifted its forecasts for medium-term organic growth forecasts after a strong performance in 2023 which saw a rise in margins and double-digit profit growth.

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London close: Stocks turn sour in afternoon trading

9th Feb 2024 15:15

(Sharecast News) - London's markets turned lower on Friday afternoon, concluding a volatile week on a negative note.

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London close: Stocks turn higher on cooler US inflation report

14th Nov 2023 16:18

(Sharecast News) - London's stock markets had managed to turn positive by the close on Tuesday after a lower-than-expected inflation report from the United States boosted confidence while investors also mulled the latest UK jobs data.

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Convatec to hit top end of guidance after strong Q3

14th Nov 2023 09:31

(Sharecast News) - Convatec's share price advanced on Tuesday after the medical products and technologies group narrowed its full-year sales guidance to the top of the expected range.

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RBC Capital upgrades Convatec to 'outperform', hikes price target

7th Sep 2023 08:45

(Sharecast News) - RBC Capital Markets upgraded ConvaTec on Thursday to 'outperform' from 'sector perform' and hiked the price target to 300p from 215p.

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Liberum singles out three 'cheap' UK stocks to buy

29th Aug 2023 08:40

(Sharecast News) - Liberum Capital has identified ConvaTec, Drax and Hays as three "cheap" stocks that should be considered by value-oriented investors.

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Convatec delivers higher 1H profits, raises full-year guidance

2nd Aug 2023 08:18

(Sharecast News) - Convatec's profits rose over the first six months of the year, leading the medical products and technologies company to raise its guidance.

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Morgan Stanley upgrades Convatec to 'overweight'

1st Jun 2023 15:58

(Sharecast News) - Morgan Stanley lifted its stance on medical products company Convatec on Thursday as it switched its preference over from Coloplast.

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Convatec boosts full-year guidance, shares jump

18th May 2023 09:33

(Sharecast News) - Convatec Group boosted full-year revenue guidance on Thursday, following a strong start to the year.

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Convatec buys anti-infection tech for initial £45m

19th Apr 2023 07:54

(Sharecast News) - Global medical products and technologies company Convatec said it had bought the anti-infective nitric oxide technology platform of 30 Technology Limited for an initial £45m.

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Convatec posts 'good' full-year topline growth

9th Mar 2023 08:32

(Sharecast News) - Convatec posted "good" top-line growth and higher margins for 2022.

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ConvaTec raises FY outlook as YTD revenues improve

10th Nov 2022 08:04

(Sharecast News) - Medical products and technology firm Convatec upgraded its full-year guidance on Thursday as it reported group revenues had grown 2.4% on a reported basis over the ten months ended 31 October.

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Director dealings: ConvaTec non-exec makes £47k purchase

16th Aug 2022 15:36

(Sharecast News) - Wound care specialist ConvaTec Group was on the list of director buys on Tuesday, after a board member spent almost £50k in a transaction.

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