London close: Stocks sink as UK jobless rate rises

12th Nov 2024 16:39

(Sharecast News) - London stocks fell sharply on Tuesday as investors digested recent UK employment data alongside broader market reactions to Donald Trump's US presidential victory last week.

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Convatec raises guidance after robust sales growth

12th Nov 2024 07:59

(Sharecast News) - Wound care specialist Convatec raised its guidance for the 2024 financial year on Tuesday, following robust sales growth across its divisions.

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London close: Stocks mixed after barrage of corporate updates

30th Jul 2024 15:32

(Sharecast News) - London stocks ended the day mixed on Tuesday as investors navigated a wave of earnings reports and anticipated upcoming key announcements from the Federal Reserve and the Bank of England.

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ConvaTec reiterates guidance after first-half revenue growth

30th Jul 2024 07:17

(Sharecast News) - Woundcare and medical products and technology specialist ConvaTec announced a robust set of interim results on Tuesday, with broad-based organic revenue growth of 6.6%.

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London close: Stocks mixed as ex-divs drag on FTSE

16th May 2024 16:53

(Sharecast News) - London stocks ended mixed on Thursday, following a flurry of corporate news and a focus on US unemployment figures.

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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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