London close: Stocks slide as Bank of England trims rates
1st Aug 2024 16:09
(Sharecast News) - London's stock markets ended the day in negative territory on Thursday, as investors digested the Bank of England's decision to cut interest rates for the first time in four years.
Read moreRolls-Royce lifts FY profit guidance after strong first half
1st Aug 2024 08:12
(Sharecast News) - Rolls-Royce lifted its full-year profit guidance on Thursday as it hailed a strong first half and said it was reinstating dividends.
Read moreLondon close: Stocks finish lower after Airbus profit warning
25th Jun 2024 15:54
(Sharecast News) - London stocks ended Tuesday in negative territory, influenced by significant losses in key sectors following a profit warning from Airbus.
Read moreDeutsche Bank hikes Rolls-Royce price target
25th Jun 2024 12:15
(Sharecast News) - Deutsche Bank hiked its price target on Rolls-Royce to 555p from 465p on Tuesday as it revisited the valuation ahead of first-half results.
Read moreBroker tips: Mitie, Rolls-Royce
24th Jun 2024 15:10
(Sharecast News) - Shares in facilities management and professional services company Mitie were on the rise on Monday after Deutsche Bank lifted its target price for the stock following the group's better-than-expected annual results.
Read moreJefferies hikes target for Rolls-Royce, sees upside to medium-term targets for free cash flow
24th Jun 2024 15:05
(Sharecast News) - Analysts at Jefferies hiked their target price on shares of Rolls-Royce, pointing to its most recent trading update, which they said implied the potential for positive surprises as regarded the engineer's free cash flow guidance.
Read moreCiti lifts target price for Rolls-Royce as rally continues
21st Jun 2024 08:13
(Sharecast News) - Rolls-Royce's recent share price rally has further to run, according to Citi, which lifted its target price for the stock on Friday.
Read moreDirectors dealings: Rolls-Royce non-exec picks up shares near record highs
30th May 2024 18:03
(Sharecast News) - Rolls-Royce non-executive director Dame Angela Strank picked up some shares in the engineer as its shares hit a fresh record high.
Read moreLondon close: Stocks slip on UK election, US jobless claims
23rd May 2024 16:46
(Sharecast News) - London stocks ended lower on Thursday, mirroring Wall Street's decline as jobless claims in the US fell more than anticipated.
Read moreRolls-Royce makes 'strong start' to FY24
23rd May 2024 08:05
(Sharecast News) - Aerospace and defence business Rolls-Royce said on Thursday that it had made "a strong start to the year", building on its "record" performance in 2023 despite continued industry-wide supply chain challenges.
Read moreSunday newspaper round-up: Royal Mail, Shein, Canary Wharf
28th Apr 2024 13:20
(Sharecast News) - The heads of the Communication Workers Union have acquiesced to Royal Mail's demand to end six-day-a-week letter deliveries, paving the way for historic cuts to postal services. Royal Mail wants to amend its universal service obligation so that it must only deliver second-class post every other day. Nonetheless, first-class mail would continue to be delivered on Saturday, union sources said. Ofcom has yet to respond to Royal Mail's proposals. - The Sunday Times
Read moreSunday newspaper round-up: Nationwide, Direct Line, Rolls-Royce
17th Mar 2024 22:57
(Sharecast News) - Nationwide's bid to create the UK's second-largest savings and loans group by taking over Virgin Money may be derailed if its members get a say on whether the deal goes through or not. It would take just 500 Nationwide members depositing £50 each one to convene a special meeting and ask for a vote on the deal. Furthermore, preparations for a vote would keep Nationwide from meeting the 4 April deadline for making a binding offer under Takeover Panel rules. However, the society says that its existing legal advice is that no vote is required. - Financial Mail on Sunday
Read moreLondon close: Stocks rise amid raft of solid earnings
22nd Feb 2024 16:26
(Sharecast News) - London's stock markets finished in positive territory on Thursday, bolstered by upbeat performances from US AI chipmaker Nvidia and engine manufacturer Rolls-Royce.
Read moreRolls-Royce full-year profits more than double
22nd Feb 2024 07:33
(Sharecast News) - Rolls-Royce reported a more than doubling of its full-year profits on Thursday, underpinned by its civil aerospace segment.
Read moreLondon close: Stocks manage gains on globally quiet day
19th Feb 2024 15:59
(Sharecast News) - London's financial markets finished in positive territory on Monday, with stocks closing in the green after overcoming minor losses earlier in the session.
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