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News
Eurowag lifts FY outlook for adjusted cash EBITDA after strong H1
4+ day, 12+ hour ago (157+ words) Eurowag lifted its full-year outlook for adjusted cash EBITDA on Wednesday following a "strong" first half. In the six months to the end of June, adjusted earnings before interest, tax, depreciation and amortisation rose 10.5% from the same period a year…...
GE Aerospace to buy castings manufacturer CPP for $11.8bn
5+ day, 6+ hour ago (186+ words) GE Aerospace has announced plans to buy aerospace and defence components manufacturer Consolidated Precision Products for $11.75bn from private investment firms Warburg Pincus and Berkshire Partners. Ohio-based CPP, which makes complex super alloy, titanium, aluminum, magnesium and steel castings for things…...
Morgan Stanley upgrades Admiral to ‘overweight’, hikes price target
6+ day, 7+ hour ago (192+ words) Morgan Stanley upgraded Admiral on Monday to ‘overweight’ from ‘underweight’ as it said recent share price weakness provides a more attractive entry point, while the valuation remains below historical averages and leaves room for further re-rating given the improving backdrop....
The Works raises FY profit guidance as strong early‑year trading boosts momentum
6+ day, 9+ hour ago (226+ words) Stationery retailer The Works said on Monday that trading had continued to build momentum in the opening weeks of its new financial year, prompting it to lift profit expectations after a strong start. The update, released ahead of The Works…...
German businesses drive H1 profit, revenue at Gamma Communications
6+ day, 10+ hour ago (252+ words) Gamma Communications posted a rise in first-half profit and revenue on Monday, underpinned by strength in its German businesses. In the six months to the end of June, pre-tax profit increased 15% to £50.1m on revenue of £330m, up 4% on the same period…...
Galliford Try secures??110m Rive Mease contract
1+ week, 3+ day ago (235+ words) Galliford Try secures £110m Rive Mease contract sharecast.com - Obtains access to the information in a personal capacity; - Is not required to be regulated or supervised by a body concerned with the regulation or supervision of investment or financial services; - Is…...
Berenberg lowers DCC and Mitie to 'hold"
1+ week, 4+ day ago (286+ words) Sharecast News | 02 Sep, 2026 Analysts at Berenberg cut their recommendations on DCC and Mitie from 'buy' to 'hold' on Wednesday, citing the stocks' recent bid‑driven share price moves and limited upside relative to agreed takeover valuations. Berenberg said the UK…...
Thursday preview: Prudential results in focus
2+ week, 4+ day ago (227+ words) Thursday will bring the release of first-half results from Prudential, while in the US, Marvell Technology, Dollar General, Dollar Tree, Best Buy and Hormel Foods are among those slated to release quarterly numbers. AJ Bell analysts Russ Mould and Danni…...
Kohl's posts drop in Q2 sales, lifts FY profit guidance
2+ week, 4+ day ago (270+ words) US department store chain Kohl’s posted a drop in second-quarter sales on Wednesday as it conceded there was "critical work" to be done going forward, but lifted its full-year profit guidance as it included the benefit of tariff refunds. Second-quarter…...
Hochschild delivers sharp H1 profit growth, warns on rising costs
2+ week, 4+ day ago (222+ words) Precious metals miner Hochschild Mining posted a sharp jump in first‑half revenue and profits on Wednesday, though it also flagged a notable rise in attributable all‑in sustaining costs. Hochschild said revenues surged 62% year‑on‑year to $844.4m, with adjusted…...