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ShareCast News

Drax to convert fourth biomass unit by second half of this year

(ShareCast News) - Drax said on Wednesday that it plans to complete work on the conversion of a fourth unit to biomass in the second half of this year, returning it to service in late 2018.
[17 Jan '18 12:03]

London rental prices remain Europe's highest

(ShareCast News) - London has reclaimed its title of Most Expensive City in Europe for renters for a third straight year as average monthly rents in the capital rose to stand almost 4,000 above those of any other major UK city.
[17 Jan '18 11:31]

South32 posts mixed second quarter production

(ShareCast News) - Australian metals and mining company South32 upgraded annual production guidance for its South African manganese operations on Wednesday but left its projections unchanged for all other minerals after a mixed second quarter.
[17 Jan '18 10:54]

Eurozone inflation remains subdued to keep ECB on toes

(ShareCast News) - Eurozone inflation was confirmed at the subdued level of 1.4% last month, keeping the issue at the forefront of the European Central Bank's thoughts.
[17 Jan '18 10:48]

London midday: Stocks stay down as Burberrry, Pearson disappoint; M&A in focus

(ShareCast News) - London stocks were still in the red by midday on Wednesday, weighed down by disappointing updates from the likes of Burberry and Pearson, while Informa tumbled on news of a merger with UBM.
[17 Jan '18 10:35]

Wednesday broker round-up

(ShareCast News) - Big Yellow Group: Berenberg upgrades to buy with a target price of 920p.
[17 Jan '18 10:31]

Brexit uncertainty moves employers to reduce graduate jobs

(ShareCast News) - Britain's top employers downgraded their hiring plans during 2017, resulting in the first drop in graduate recruitment since the financial crisis, a High Fliers survey finds.
[17 Jan '18 10:18]

Toople narrows losses on quadrupled broadband orders

(ShareCast News) - Business broadband provider Toople saw revenues grow 34% in the year to 30 September 2017 thanks to a quadrupling of customer orders and improving margins.
[17 Jan '18 10:00]

Winkworth sees FY profit slightly ahead of market expectations

(ShareCast News) - AIM-listed estate agent Winkworth said on Wednesday that revenue for 2017 should be in line with market expectations, while profit is likely to be slightly higher.
[17 Jan '18 09:51]

Cobham says employees at chopper unit bought fake degrees

(ShareCast News) - Defence contractor Cobham on Wednesday said seven employees at its helicopter unit had bought fake university degrees, after a media report exposed a trade in thousands of the qualifications.
[17 Jan '18 09:22]

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