London close: Stocks bounce after Wall Street tech sell-off
28th Jan 2025 16:30
(Sharecast News) - London stocks ended Tuesday on a positive note, as investors largely ignored Monday's tech selloff that weighed on Wall Street.
Read moreSmiths Group hit by cyber security incident
28th Jan 2025 09:42
(Sharecast News) - Engineering firm Smiths Group said on Tuesday that it had been hit by a cyber security incident.
Read moreLondon close: Stocks mixed as Trump reenters the Oval Office
20th Jan 2025 15:40
(Sharecast News) - London stocks ended Monday with a mixed performance as investors assessed the latest UK house price data and monitored Donald Trump's inauguration as the 47th president of the United States.
Read moreJefferies 'cautiously optimistic' for UK industrials in 2025
20th Jan 2025 09:09
(Sharecast News) - Jefferies has upgraded its rating for Spirax Group as part of its annual review of the listed UK industrials sector, while downgrading its stance on Smiths Group, XP Power and Judges Scientific.
Read moreLondon close: Stocks finish higher as rate cut hopes grow
17th Jan 2025 16:29
(Sharecast News) - London stocks ended the week on a strong note, as weaker-than-expected retail sales date helped to fan the flames of rate cut hopes.
Read moreActivist investor Engine Capital calls on Smiths to explore breakup
17th Jan 2025 08:09
(Sharecast News) - Activist investor Engine Capital has called on Smiths Group to explore a breakup.
Read moreSmiths Group announces CFO transition, upgrades revenue guidance
14th Jan 2025 07:31
(Sharecast News) - Smiths Group announced the retirement of chief financial officer Clare Scherrer on Tuesday, confirming her successor while also upgrading its guidance for revenue growth.
Read moreLondon close: Stocks rise with deal news in focus
28th Nov 2024 16:07
(Sharecast News) - London markets ended Thursday in positive territory, with deal activity providing a significant boost to specific sectors.
Read moreLondon close: Stocks mixed as US inflation meets forecasts
13th Nov 2024 15:00
(Sharecast News) - London stocks ended with mixed results on Wednesday, as investors assessed the latest US inflation data for October, which aligned with forecasts.
Read moreSmiths Group raises outlook after strong Q1 growth
13th Nov 2024 07:17
(Sharecast News) - Smiths Group has raised its growth and margin guidance and beefed up its share buyback programme after an "outstanding" first quarter.
Read moreLondon close: Stocks make gains as ECB cuts rates
17th Oct 2024 15:21
(Sharecast News) - London stocks ended higher on Thursday, buoyed by strong gains in Rentokil and Entain, as investors digested the European Central Bank's rate cut and a wave of economic data from the US.
Read moreSmiths Group reports solid growth as momentum picks up in H2
24th Sep 2024 07:17
(Sharecast News) - Smiths Group reported solid revenue growth against a record comparator in the year ended 31 July, but shares in the engineering solutions business dropped sharply as profits came in short of market forecasts.
Read moreSmiths Group sells down stake in ICU Medical
17th Jul 2024 07:18
(Sharecast News) - Smiths Group announced the sale of 1.2 million shares in ICU Medical on Wednesday, amounting to roughly 4.9% of ICU Medical's issued share capital.
Read moreSmiths Group sees organic growth accelerate in Q3
21st May 2024 07:45
(Sharecast News) - Smiths Group reported an acceleration in sales growth in the third quarter despite tough comparators with last year, as the engineering firm reaffirmed its growth expectations for the full year.
Read moreLondon close: Stocks rise as US consumer confidence remains stable
26th Mar 2024 17:06
(Sharecast News) - London markets closed in positive territory on Tuesday, buoyed by a stable US consumer confidence report and anticipation for upcoming inflation data.
Read more