London midday: Stocks stay down after weak China data
27th Jan 2025 10:18
(Sharecast News) - London stocks remained in negative territory by midday on Monday as investors turned their attention to a pivotal week featuring interest rate decisions from the US Federal Reserve and the European Central Bank, alongside earnings reports from several major US technology companies.
Read moreWH Smith confirms it is looking to sell high street stores
27th Jan 2025 07:04
(Sharecast News) - WH Smith confirmed it was looking at potential strategic options for its high street stores, including a possible sale of the "profitable and cash-generative" unit after media speculation over the weekend.
Read moreLondon close: Stocks rise as dip buyers enter the fray
14th Nov 2024 15:50
(Sharecast News) - London markets ended Thursday in positive territory, with sentiment buoyed by robust corporate updates, as investors digested the latest producer price data out of the United States.
Read moreWH Smith hails strong UK travel performance as FY profits rise
14th Nov 2024 07:18
(Sharecast News) - WH Smith reported a jump in full-year profit and revenue on Thursday as it hailed a particularly strong performance from the UK travel business and over the summer.
Read moreLondon close: Stocks slip as US CPI slows, UK GDP stagnates
11th Sep 2024 16:51
(Sharecast News) - London's stock markets closed weaker on Wednesday, reflecting caution among investors following weaker-than-expected inflation data from the US and economic stagnation in the UK.
Read moreStrong fourth quarter boosts WH Smith
11th Sep 2024 08:46
(Sharecast News) - WH Smith reiterated its full-year outlook and unveiled a £50m share buyback on Wednesday, sending shares soaring in early trading, after a buoyant fourth quarter.
Read moreCanaccord initiates coverage on 10 multi- channel retailers
8th Jul 2024 07:22
(Sharecast News) - Canaccord Genuity initiated coverage on 10 multi-channel retail stocks on Monday as it said the outlook is looking brighter.
Read moreGoldman Sachs downgrades SSP to 'sell', prefers WH Smith
17th Jun 2024 10:05
(Sharecast News) - Goldman Sachs downgraded SSP on Monday to 'sell' from 'neutral' "on a relative basis" as it took a look at European travel concessions.
Read moreWH Smith sees sales slowdown in third quarter
5th Jun 2024 07:21
(Sharecast News) - Stationary and book retailer WH Smith said it remains on track to hit full-year forecasts despite a slowdown in sales growth in third quarter, as strong growth in the travel division was tempered by falling sales on the high street.
Read moreLondon 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.
Read moreLondon close: Stocks finish mixed as US GDP growth slows
25th Apr 2024 15:14
(Sharecast News) - London's stock markets finished with a mixed performance on Thursday, as investors digested a slower-than-expected GDP growth reading from the United States, while a slew of well-received earnings underpinned the top-flight index.
Read moreWH Smith on track for full year after 'good' first half
25th Apr 2024 07:31
(Sharecast News) - WH Smith said on Thursday that it was on track to deliver on expectations for the year after a "good" first half.
Read moreMoorhead to step down as WH Smith CFO, Burberry's Izzard to replace
15th Mar 2024 07:22
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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 moreWH Smith sales boosted by travel segment
26th Jan 2024 07:54
(Sharecast News) - WH Smith posted an 8% jump in total group revenues for the 20 weeks to 20 January 2024, as it hailed strong momentum in the travel business and struck an upbeat note on the outlook.
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