Stocks

TBC Bank Surges After Solid First-Half Performance
August 09, 2024 09:00 AM AEST| By Team Kalkine MediaTBC Bank Group, headquartered in Georgia, announced solid results for the first half of the year on Friday, showcasing notable year-on-year improvements in its financial metrics. The FTSE 250 company highlighted a strong performance in its,Financial...

TT Electronics Reports Initial Success in Project Dynamo Despite Lower Profits
August 08, 2024 09:43 PM AEST| By Team Kalkine MediaTT Electronics PLC (LSE: TTG) has reported early progress in Project Dynamo, a program designed to drive financial and operational enhancements across the company. The initiative aims to unlock value and improve various aspects of the business, contr...

British Airways Suspends Beijing Route
August 08, 2024 09:23 PM AEST| By Team Kalkine MediaInternational Consolidated Airlines Group SA's British Airways (LSE: IAG) has announced the suspension of its flights between London Heathrow and Beijing, effective October 26. The airline resumed this route in June 2023 after a three-year hiatus due...

Beazley Reports Profit Growth on Higher Premiums, Reveals Focus on Cyber Risk
August 08, 2024 09:11 PM AEST| By Team Kalkine MediaBeazley PLC (LSE: BEZ) reported an increase in interim profit, with pretax profit nearly doubling to USD 728.9 million for the six months ending June 30, 2024, compared to USD 336.4 million in the same period the previous year.,Premium Growth and Imp...

PageGroup Reports Profit Drop Amid Recruitment Market Challenges
August 08, 2024 09:05 PM AEST| By Team Kalkine MediaPageGroup PLC (LSE: PAGE) announced a reduction in pretax profit for the first half of 2024. The company's pretax profit fell by 56%, dropping to £27.7 million from £63.3 million in the same period last year. Revenue also declined by 13%, from £1.03...

Glencore's Decision to Retain Coal Assets Draws Mixed Reactions
August 08, 2024 09:01 PM AEST| By Team Kalkine MediaGlencore PLC, a major player in the,metal and mining sector,, has decided to retain its coal assets, a move that has generated varied responses from industry observers. Broker Panmure Liberum noted that the decision was anticipated, given the company...

Hikma Pharmaceuticals Reports Increased Profit and Dividend Amid Strategic Acquisitions
August 08, 2024 09:00 PM AEST| By Team Kalkine MediaHikma Pharmaceuticals PLC (LSE: HIK) has reported financial results for the first half of 2024. The company’s pretax profit increased by 43%, reaching £288 million, compared to £202 million in the same period last year. Revenue grew by 10%, totaling...

IG Group Sees Share Increase After Optimistic Review
August 08, 2024 08:59 PM AEST| By Team Kalkine MediaShares in IG Group Holdings Plc, a company in the,financial sector,, rose following a positive note from UBS, which highlighted the trading services firm's potential under the leadership of new CEO Breon Corcoran. UBS initiated coverage with a favora...

Hermes Pacific Exits London AIM Market Amidst Share Value Concerns
August 08, 2024 08:40 PM AEST| By Team Kalkine MediaHermes Pacific (LON: HPAC), an investment firm listed on London's AIM market since 2013, has decided to exit the exchange. The firm has expressed concerns over the undervaluation of its shares, which have decreased from 147 pence on September 30, 202...

Shawbrook Reports Decline in Underlying Profit Amid Margin Compression
August 08, 2024 08:34 PM AEST| By Team Kalkine MediaShawbrook (LON: SHAW) has disclosed a decrease in its underlying profit for the first half of 2024. The underlying pretax profit for the period was £124.5 million, down from £149.3 million recorded during the same timeframe in the previous year. This...

Deliveroo Achieves Profit Milestone with Expanded Grocery and Retail Deliveries
August 08, 2024 08:24 PM AEST| By Team Kalkine MediaDeliveroo (LON: ROO) has reported its first-ever half-year profit, marking a financial milestone for the UK-based food delivery service. The company recorded a profit of £1 million for the first six months of 2024, a turnaround from the £83 million l...

UK Oil and Gas Announces Conditional Retail Offer and Upcoming Admission
August 08, 2024 08:10 PM AEST| By Team Kalkine MediaUK Oil and Gas PLC (AIM:UKOG) has today unveiled details of a substantial conditional fundraising initiative. Following its recent announcement on 5 August 2024, the Company has raised approximately £248,204 (before expenses) through the conditional...

Premier African Minerals Issues New Shares to Settle Debt with China Zenith Capital
August 08, 2024 08:08 PM AEST| By Team Kalkine MediaPremier African Minerals Limited (LSE:PREM) has today announced the issuance of 2,000,000,000 new ordinary shares, conditional on admission, to China Zenith Capital Ltd ("Zenith") as part of a debt settlement arrangement. These shares will be held on...

Spirax Reports Modest Revenue Growth in 1H 2024 Amidst Challenging Macro Conditions
August 08, 2024 08:07 PM AEST| By Team Kalkine MediaSpirax Group plc (LSE:SPX) has announced its half-year results for 2024, reflecting a modest 1% organic revenue growth despite a challenging macroeconomic environment. The Group faced varied performance across its divisions, with notable impacts from...

Harbour Energy Meets Expectations in 1H 2024, Improves Production Outlook
August 08, 2024 08:04 PM AEST| By Team Kalkine MediaHarbour Energy plc (LSE:HBR) has released its unaudited results for the first half of 2024, showcasing steady operational performance and financial stability despite a slight dip in production volumes. For the six months ended 30 June 2024, the compa...

AFC Energy Stock Climbs After Favorable Assessment
August 08, 2024 08:02 PM AEST| By Team Kalkine MediaAFC Energy PLC, a company in the,industrial sector,, saw a 3.6% increase in its share price, reaching 14.3p in early trading following a favorable assessment of its interim results by Panmure Liberum. The firm adjusted its price target for AFC Energy...

Beazley’s profit reaches $728.9mn in 1HFY24, boosted by insurance written premiums
August 08, 2024 08:02 PM AEST| By Team Kalkine MediaBeazley plc (LSE:BEZ) has announced its financial results for the first half of 2024, showcasing a record profit and strong performance across key metrics. For the period ending 30 June 2024, the global specialist insurer reported a remarkable profit...

Spirax Group PLC Sees Revenue Dip, Raises Dividend Despite Economic Headwinds
August 08, 2024 08:02 PM AEST| By Team Kalkine MediaSpirax Group PLC (LSE: SPX), based in Cheltenham, England, has reported mixed financial results for the first half of the year. Despite a rise in pretax profit of 9.5% to £124.8 million from £114.0 million in the previous year, revenue experienced a...

Assura plc Expands into Private Healthcare with £500 Million Acquisition of UK Hospital Portfolio
August 08, 2024 07:59 PM AEST| By Team Kalkine MediaAssura plc (LSE:AGR), a leading UK healthcare property investor and developer, has announced a major expansion into the private healthcare sector with the acquisition of a fully operational UK private hospital portfolio from Northwest Healthcare Prop...

Entain plc announces interim dividend of 9.3p despite loss of £47mn
August 08, 2024 07:57 PM AEST| By Team Kalkine MediaEntain plc (LSE:ENT), the global leader in sports betting and gaming, has released its interim results for the six-month period ending June 30, 2024. Despite facing challenges, the Group demonstrated solid financial resilience with key highlights as...
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