Serco sees full-year profit ahead of market expectations
Wed 25 May 2016 08:12
(ShareCast News) - Shares in Serco surged on Tuesday after the FTSE 250 outsourcing company said it expects underlying trading profit for 2016 to be ahead of current market forecasts following a stronger-than-anticipated start to the year.
Intertek revenue up but resource business challenging
Wed 25 May 2016 07:58
(ShareCast News) - FTSE 100 testing, inspection and certification company Intertek Group reported a rise in revenue for the first four months of the year although its resource-related business continued to suffer from challenging markets.
Royal Mail gets mixed delivery from Ofcom report
Wed 25 May 2016 07:38
(ShareCast News) - Concluding its review of the regulation of Royal Mail, the postal regulator has decided not to impose any new new price controls on the company's wholesale or retail products but it kept the cap on stamp prices and proposed tightening s
M&S warns clothing turnaround plan will hit short-term profit
Wed 25 May 2016 07:15
(ShareCast News) - Full year profits at Marks & Spencer fell 18.5% as new chief executive Steve Rowe engaged in what appeared to be come canny 'kitchen sinking', warning that the current year's profits will be hit by his plan to turnaround the clothing bu
Dixons Carphone says profits will hit top of targets after solid Q4
Wed 25 May 2016 07:03
(ShareCast News) - A trading update from Dixons Carphone revealed annual pre-tax profits are likely to reach top half of its guidance as the retailer gained market share in electricals and mobile in most of its key markets.
Monsanto said to reject Bayer offer as it seeks higher price
Tue 24 May 2016 15:51
(ShareCast News) - US agriculture giant Monsanto is reportedly set to reject German chemical and pharmaceutical company Bayer's acquisition bid and seek a higher price.
Santander committed to UK regardless of Brexit vote outcome, Botin says
Tue 24 May 2016 14:27
(ShareCast News) - Santander's chairman said she expected Britons would choose to remain in the European Union, while reiterating the lender's commitment to the UK.
Moody's downgrades Deutsche Bank's credit rating
Tue 24 May 2016 13:59
(ShareCast News) - Moody's Investors Service has downgraded Deutsche Bank's credit rating for the second time this year, citing increased risk to the bank's ability to successfully execute its ambitious turnaround plan.
Wednesday preview: Investors eye M&S full year results
Tue 24 May 2016 13:10
(ShareCast News) - Marks & Spencer's struggling clothing division comes under the microscope on Wednesday when the retailer reports its full year results.
Google searched: Paris police search offices in tax probe
Tue 24 May 2016 12:20
(ShareCast News) - Google's Paris office has been searched by gendarmes as part of a €1.6bn tax fraud probe, according to reports.
GlaxoSmithKline announces positive results from Relva Ellipta study
Tue 24 May 2016 11:48
(ShareCast News) - GlaxoSmithKline and Innovia announced positive headline results from their Salford lung study of Relvar Ellipta in the treatment of chronic obstructive pulmonary disease (COPD).
Playtech buys Swedish games studio Quickspin
Tue 24 May 2016 10:31
(ShareCast News) - Gambling software developer Playtech has acquired Swedish games studio Quickspin AB for a maximum consideration of six times the company's EBITDA in 2018, subject to a €50m cap.
Nationwide sees solid profit growth; mortgage lending at pre-recession levels
Tue 24 May 2016 09:52
(ShareCast News) - Nationwide Building Society posted a solid jump in full-year profit, with mortgage lending volumes rising to pre-recession levels.
Vectura teams up with Propeller on inhaler plan
Tue 24 May 2016 09:30
(ShareCast News) - Vectura Group said it was joining forces with Propeller Health to develop inhalers that combine their two technologies.
Paragon Group's first half profits jump on buy-to-let demand
Tue 24 May 2016 09:21
(ShareCast News) - Paragon Group on Tuesday reported a 12.5% increase in underlying profits to £71.9m in the first half as the provider of mortgages and personal loans received strong demand for buy-to-let house purchases.
Revenue, earnings slightly ahead at Keller Group
Tue 24 May 2016 08:55
(ShareCast News) - As investors gathered for Keller Group's annual general meeting on Tuesday morning, the ground engineering specialist revealed its numbers were ahead of last year in year-to-date trading.
Topps Tiles interim profit rises as store rebrand bears fruit
Tue 24 May 2016 08:55
(ShareCast News) - Topps Tiles posted a rise in first-half profit, with revenue up as the rebrand and upgrade of its store bears fruit.
Card Factory sales growth slows in first quarter
Tue 24 May 2016 08:48
(ShareCast News) - Card Factory said like-for-like sales growth slowed as a reduction in footfall at it stores offset continuing growth in average spend per customer.
Go-Ahead raises concerns over Bus Services Bill
Tue 24 May 2016 08:45
(ShareCast News) - Passenger transport operator Go-Ahead Group laid out its concerns over the proposed Bus Services Bill on Tuesday, saying it was yet to be convinced that the franchising powers granted to combined authorities will be sufficiently indepen
Aveva profits slump after aborted Schneider merger
Tue 24 May 2016 08:34
(ShareCast News) - Full year pre-tax profits at marine engineering software maker Aveva almost halved to £29.4m on the back of lower revenue and one-off exceptional costs related to the aborted merger with Schneider Electric.
|FTSE All Share||3,437.30||+0.45%|
|FTSE Small Cap||4,565.45||+0.29%|
|FTSE AIM 100||3,454.09||+0.22%|
|Paris CAC 40||4,463.51||+0.72%|
|Royal Bank of Scotland Group plc||251.50||+2.53%|
|HSBC Holdings plc||444.23||+2.29%|
|Royal Mail PLC||532.25||+2.21%|
|London Stock Exchange Group plc||2719.00||+1.57%|
|Marks & Spencer Group plc||412.30||-7.24%|
|Intertek Group plc||3177.00||-3.64%|
|Taylor Wimpey plc||204.60||-2.66%|
|Babcock International Group||991.50||-2.22%|
24 May 2016
With a month to go we look at the potential consequences for the economy and stock market.
20 May 2016
Charlie Huggins examines the investment principles of legendary growth investor Phil Fisher, and explains how investors can seek to emulate this approach.
20 May 2016
In a rapidly changing market we take a look at how the UK’s two largest high street bookmakers are adapting.