ShareCast News
Broker snap: Nomura lifts target for Burberry as results beat forecasts
Brand elevation has continued at Burberry, according to Nomura which has upped its target price for the luxury stock after its full-year results came in above forecasts.[Yesterday 10:13]
Renew Holdings unveils rise in pre-tax profit
Engineering group Renew Holdings increased its dividend by five per cent to 1.10p per share following an increase in half-year pre-tax profit.[Yesterday 10:07]
Factory gate inflation much weaker than forecast in April - UPDATE
Factory gate inflation trailed off to a 1.1 per cent year-on-year rate of increase in April, according to the Office for National Statistics (ONS), versus a rise of 1.9 per cent in the month before.[Yesterday 10:06]
Spain sells short-term debt at higher costs
Spain managed to sell more short-term sovereign debt that it had originally predicted today but with mixed results on both demand and financing costs.[Yesterday 09:57]
Former Italian PM says crisis largely over
Italy's former technocrat Prime Minister Mario Monti said that the worst of the European crisis has passed and that the current Italian government would remain unchanged in the short-term.[Yesterday 09:47]
UK consumer prices slowed their gains in April
The Consumer Prices Index (CPI) grew by 2.4 per cent in the year to April 2013, down from 2.8 per cent in March, according to the Office for National Statistics (ONS).[Yesterday 09:46]
Broker snap: Panmure says Carnival is a 'serial disappointer'
Shares in Carnival sunk on Tuesday morning after the cruise operator issued a profit warning, prompting Panmure Gordon to slash its forecasts and keep a 'sell' rating.[Yesterday 09:29]
Entertainment One posts rise in annual profit
Entertainment One, which hosts of the UK's popular children show Peppa Pig, achieved higher annual profit following the acquisition of Alliance Films.[Yesterday 09:22]
Triple Plate shares jump on positive update
AIM-listed exploration company Triple Plate Junction saw its shares jump 15 per cent on Tuesday morning after the company revealed it is considering several options for potential new projects.[Yesterday 09:14]
Solo Oil boosted by developments in farm-out discussions
Solo Oil shares moved higher on Tuesday morning after the company clarified that FirstEnergy Capital, which is acting for both Solo and Aminex, continue to actively discuss a farm-out of the Ruvuma production sharing agreement (PSA) and said that currently there are on-going discussions with over five interested parties.[Yesterday 09:04]
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