London 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 moreLabour lays out plans to renationalise UK's railways
25th Apr 2024 10:28
(Sharecast News) - Labour promised to renationalise the UK's railway network within five years of taking office on Thursday, in a bid to address the system's challenges without compensating its existing private operators.
Read moreLondon close: Stocks fall as US inflation tops forecasts
14th Mar 2024 16:33
(Sharecast News) - London's equity markets finished in negative territory on Thursday, driven by a flurry of stocks going ex-dividend and investor reactions to the latest US producer inflation and jobless data.
Read moreTrainline sales, revenues surge on UK, intl demand
14th Mar 2024 07:03
(Sharecast News) - Online ticketing platform Trainline reported sales at the top end of expectations as fewer strikes in the UK and competition for passengers in Italy and Spain saw revenues also beat forecasts.
Read moreLondon close: Stocks weaker after busy week for rate decisions
15th Dec 2023 14:48
(Sharecast News) - London's stock markets ended the week on a subdued note on Friday as investors digested recent central bank policy updates.
Read moreDfT's cancelled ticketing app a "clear positive" for Trainline, says JP Morgan
15th Dec 2023 07:40
(Sharecast News) - News that the Department for Transport has canned plans to create a Great British Railways ticketing website and app sent shares in booking platform Trainline to a yearly high on Friday.
Read moreJP Morgan upgrades Ocado ahead of internet sector "revival"
6th Dec 2023 08:35
(Sharecast News) - JP Morgan has upgraded its ratings for Ocado after reviewing its coverage of European internet stocks, saying that the sector's "revival is taking shape" after two years of struggle.
Read moreLondon close: Stocks rise on flurry of manufacturing data
1st Dec 2023 17:39
(Sharecast News) - London stocks closed positively on Friday, with miners playing a pivotal role following broker upgrades and optimistic Chinese manufacturing data.
Read moreLondon close: Stocks rise as BoE keeps rates steady
2nd Nov 2023 15:12
(Sharecast News) - London's stock markets ended the day on a positive note on Thursday, following the Bank of England's decision to maintain interest rates as markets widely expected.
Read moreTrainline shares jump as surging ticket sales lift H1 profits by 26%
2nd Nov 2023 07:54
(Sharecast News) - Rail and coach booking platform Trainline saw double-digit growth across the board in its first half, as it narrowed its full-year guidance towards the upper end of the forecast range.
Read moreJPMorgan upgrades Trainline to 'overweight'
27th Oct 2023 12:03
(Sharecast News) - Trainline surged on Friday as JPMorgan Cazenove lifted the shares to 'overweight' from 'neutral' and upped the price target to 300p from 295p, pointing in part to an attractive valuation.
Read moreCanaccord Genuity reiterates 'buy' rating on Trainline ahead of interims
27th Oct 2023 10:04
(Sharecast News) - Analysts at Canaccord Genuity reiterated their 'buy' rating on online ticket retailer Trainline on Friday ahead of the group's interim results on 2 November.
Read moreCanaccord sees scope for £500m of share buybacks at Trainline
18th Sep 2023 09:12
(Sharecast News) - Analysts at Canaccord Genuity reiterated their 'buy' recommendation and 271.0p target price on shares of Trainline due to their "depressed" valuation despite the "materially" improving outlook and potential for share buybacks.
Read moreLondon close: Stocks stay green as energy prices rise
14th Sep 2023 15:06
(Sharecast News) - London's stock markets finished positively on Thursday, boosted by the mining sector, as investors analysed fresh UK house price data and a rate hike from the European Central Bank.
Read moreTrainline launches £50m buyback after strong first half
14th Sep 2023 07:02
(Sharecast News) - Online travel platform Trainline on Thursday launched a £50m share buyback as ticket sales grew by almost a quarter in the first six months of its financial year.
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