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Important information: The value of investments can go down as well as up so you may get back less than you invest. Investors should note that the views expressed may no longer be current and may have already been acted upon. This is a third-party news feed and may not reflect Fidelity’s views.
Wed 09 Apr 2025 11:16
(Sharecast News) - JD Sports surged on Wednesday as it said that full-year profits were set to be in line with previous guidance and announced the launch of a £100m share buyback.
Wed 09 Apr 2025 09:57
(Sharecast News) - Royal Mail has expressed concerns about Ofcom's proposed reforms to the universal postal service, saying they could add "significant costs" to customers.
Wed 09 Apr 2025 09:03
(Sharecast News) - Travel-to-publishing group Saga posted a jump in annual earnings on Wednesday, but warned the coming year would be "one of transition", leading to weaker profits.
Wed 09 Apr 2025 08:55
(Sharecast News) - American coal miner Peabody Energy has announced that it is "reviewing all options" regarding its proposed $3.8bn acquisition of Anglo American's Australian metallurgical coal operations.
Wed 09 Apr 2025 08:08
(Sharecast News) - Shares in Audioboom fell sharply on Wednesday despite the podcast company predicting that it will "at least" meet financial targets this year after a solid first quarter with earnings rising strongly.
Wed 09 Apr 2025 07:32
(Sharecast News) - Recruiter PageGroup has said it is not providing financial targets for 2025 as a result of the economic uncertainty caused by an escalating trade war, with profits in the first quarter falling by almost a tenth.
Wed 09 Apr 2025 07:27
(Sharecast News) - UK medical property Assura on Wednesday said it had agreed to a £1.61bn takeover offer from private investors KKR and Stonepeak Partners after rebuffing a lower bid from Primary Health Properties.
Wed 09 Apr 2025 07:26
(Sharecast News) - DCC announced a series of senior leadership changes on Wednesday, aimed at aligning its management structure with its strategic focus on the energy sector, as outlined in its November update.
Tue 08 Apr 2025 19:27
(Sharecast News) - Investors' focus in the middle of the week will be on the ongoing trade negotiations between Washington and dozens of its trade partners.
Tue 08 Apr 2025 13:01
(Sharecast News) - Shore Capital has upgraded its rating on Intertek from 'sell' to 'hold' following a big fall in the share price of the testing services firm over the past month.
Tue 08 Apr 2025 11:27
(Sharecast News) - Shares in Steppe Cement surged on Tuesday after the Kazakhstani cement manufacturer announced a big jump in sales in the first quarter and a healthy increase in market share.
Tue 08 Apr 2025 09:38
(Sharecast News) - Berenberg said on Tuesday that the UK was "relatively well placed to weather the tariff shock".
Tue 08 Apr 2025 09:07
(Sharecast News) - Analysts at Berenberg lowered their target price on asset manager Impax from 440.0p to 330.0p on Tuesday as it said the group was now "navigating an uncertain market backdrop".
Tue 08 Apr 2025 08:57
(Sharecast News) - Recruitment firm Staffline said on Tuesday that it had returned to pre-tax profit in FY24 as revenues neared £1.0bn.
Tue 08 Apr 2025 08:02
(Sharecast News) - Science and technology consultancy Science Group revealed on Tuesday that it had raised its stake in environmental consulting services firm Ricardo to 14.49m shares, representing approximately 20.08% of the company's total voting rights.
Tue 08 Apr 2025 07:59
(Sharecast News) - Shares in Ramsdens shone on Tuesday as the pawnbroker lifted its full-year profit outlook on the back of surging gold prices.
Tue 08 Apr 2025 07:29
(Sharecast News) - JTC posted a jump in full-year sales and profits on Tuesday, as it reiterated plans to double the size of the business by 2027.
Tue 08 Apr 2025 07:22
(Sharecast News) - Unite Group reported a modest rise in quarterly property valuations on Tuesday, supported by rental growth and continued strong demand for student accommodation, as it updated the market on trading and fund performance for the first quarter of 2025.
Tue 08 Apr 2025 07:21
(Sharecast News) - Shares in Gulf Marine Services sparked on Tuesday, after the London-listed firm said it had secured a new contract.
Tue 08 Apr 2025 07:15
(Sharecast News) - Hilton Foods said it was on track to deliver 2025 earnings in line with guidance after a sharp jump in profits last year, driven by its core retail meat business and despite the uncertain macroeconomic backdrop caused by US tariffs.
Mon 07 Apr 2025 15:35
(Sharecast News) - RBC Capital Markets has said that domestic lenders are better positioned in the midst of the current global equity market sell-off, with share prices in the European banking sector having tanked over recent days.
Mon 07 Apr 2025 13:09
(Sharecast News) - Manolete Partners announced on Monday that its chief financial officer of five and a half years has left the business with immediate effect.
Mon 07 Apr 2025 12:10
(Sharecast News) - The Financial Conduct Authority announced on Monday that it is looking at ways to make the investment management sector more innovative and competitive.
Mon 07 Apr 2025 09:23
(Sharecast News) - Analysts at Berenberg reiterated their 'buy' rating and 1,240.0p target price on FX transfer specialist Wise on Monday following the group's capital markets day last week.
Mon 07 Apr 2025 09:05
(Sharecast News) - Softcat said on Monday that it has bought Oakland, a specialist provider of data and AI consultancy services, for an initial payment of £8m.
Mon 07 Apr 2025 08:57
(Sharecast News) - RBC Capital Markets has reiterated its 'outperform' rating for Marks & Spencer, saying the the business is well positioned to defy sector concerns.
Mon 07 Apr 2025 08:43
(Sharecast News) - Banknote printing business De La Rue said on Monday that the £300.0m sale of its authentication business was now expected to close at the beginning of May.
Mon 07 Apr 2025 07:47
(Sharecast News) - Wedbush slashed its price target on Apple to $250 from $325 in a note on Sunday as it argued that tariff uncertainty "turns the supply chain upside down" for the tech giant.
Mon 07 Apr 2025 07:34
(Sharecast News) - Ferrexpo reported its strongest quarterly production since the start of Russia's full-scale invasion of Ukraine in 2022 on Monday, delivering 2.1 million tonnes of total output in the first quarter of 2025, although its shares were sliding as it warned of an increasingly difficult operating environment.
Mon 07 Apr 2025 07:22
(Sharecast News) - Energy giant Shell on Monday cut its first-quarter liquefied natural gas (LNG) production outlook, citing citing cyclones and unplanned maintenance in Australia.
Mon 07 Apr 2025 07:22
(Sharecast News) - Sports nutrition and wellness brand Applied Nutrition beat its own guidance for first-half sales, and reiterated annual targets with monthly revenues reaching a record high in March.
Mon 07 Apr 2025 07:10
(Sharecast News) - LondonMetric Property has sold £40.4m of mature and non-core urban warehousing across the UK, reflecting a net interest yield of 4.3%.
Fri 04 Apr 2025 14:35
(Sharecast News) - Jefferies has trimmed its targets for a host of blue chip mining stocks after calculating the impact that Donald Trump's sweeping trade tariffs would have on export demand and commodity prices.
Fri 04 Apr 2025 11:26
(Sharecast News) - All eyes at the end of the week will be poised on the latest US non-farm payrolls figures. Or will they?
Fri 04 Apr 2025 11:26
(Sharecast News) - Fidelity Japan Trust (FJV) firmly rejected a proposed merger from AVI Japan Opportunity Trust (AJOT) on Friday, following AJOT's public announcement of plans to combine the two investment trusts through a scheme of reconstruction on Thursday.
Fri 04 Apr 2025 11:10
(Sharecast News) - Shore Capital on Friday shared its initial predictions of how Donald Trump's sweeping trade tariffs might affect businesses in the UK financial sector, following a mass-market global sell-off of equities on Thursday.
Fri 04 Apr 2025 10:22
(Sharecast News) - Shell is to sell its stake in Colonial Pipeline to Brookfield Infrastructure Partnership as part of a $9bn acquisition by the latter of the largest fuel transportation system in the US.
Fri 04 Apr 2025 09:45
(Sharecast News) - Analysts at Berenberg hiked their target price on retailer Currys from 125.0p to 175.0p on Friday following the group's latest guidance upgrade.
Fri 04 Apr 2025 08:36
(Sharecast News) - The eurozone construction sector remained in contraction in March as activity fell sharply, although at a softer pace due to a slower decline in new orders according to a survey published on Friday.
Fri 04 Apr 2025 08:08
(Sharecast News) - Stifel upgraded builders' merchant Travis Perkins to 'buy' from 'hold' on Friday as it said the risk/reward was compelling at a historically low share price.
Fri 04 Apr 2025 07:25
(Sharecast News) - Science Group announced on Friday that it has further increased its stake in Ricardo to 19.09%, intensifying pressure on the engineering consultancy's board following a series of scathing critiques of its governance and strategic decisions.
Fri 04 Apr 2025 07:02
(Sharecast News) - AstraZeneca and Daiichi Sankyo's Enhertu has been approved in the European Union as a monotherapy for the treatment of adult patients with unresectable or metastatic hormone receptor (HR)-positive, HER2-low or HER2-ultralow breast cancer, the companies said on Friday.
Fri 04 Apr 2025 07:02
(Sharecast News) - The chair of BP is to step down, the oil and gas major announced on Friday, amid calls by investor groups for a shake-up of the board.
Thu 03 Apr 2025 12:22
(Sharecast News) - Analysts at Canaccord Genuity placed their target price and rating on oilfield services business Wood Group under review on Thursday, stating it was "lacking reasonable grounds" to take a stance on the stock.
Thu 03 Apr 2025 10:18
(Sharecast News) - GSK and AstraZeneca avoided the selloff on Thursday as pharmaceutical products were exempt from Donald's Trump's tariffs.
Thu 03 Apr 2025 09:31
(Sharecast News) - Fintech group Wise traded higher early on Thursday on the back of preliminary FY figures that pointed to growth in both active customers and underlying income.
Thu 03 Apr 2025 09:28
(Sharecast News) - Workspace Group announced the appointment of Jessica Berney as head of portfolio management and a member of its executive committee on Thursday, effective 1 July.
Thu 03 Apr 2025 09:27
(Sharecast News) - Berenberg has kicked off coverage of Antofagasta with a 'buy' rating, highlighting the "pure-play" benefits of the copper miner which offers "compelling" growth potential.
Thu 03 Apr 2025 08:02
(Sharecast News) - Vehicle retailer Motorpoint said on Thursday that it had returned to "strong" profitable growth in the year ended 31 March as "positive momentum" continued through H2.
Thu 03 Apr 2025 07:43
(Sharecast News) - Greeting cards and gifts retailer Moonpig delivered a mixed fourth-quarter update on Thursday, with full-year revenues slightly missing expectations but margins at the top end of guidance, as it unveiled plans for a new share buyback.
Thu 03 Apr 2025 07:32
(Sharecast News) - English wine producer Chapel Down saw a big drop in profits in 2024 due to falling revenues and a fair value adjustment on biological produce, but said it expects "strong" sales growth in 2025.
Thu 03 Apr 2025 07:27
(Sharecast News) - Real estate investment group Primary Health Properties has made a £1.5bn proposal to merge with Assura, the developer and manager of GP and primary care buildings.
Thu 03 Apr 2025 07:25
(Sharecast News) - Coats Group said it is planning to close its North Carolina yarns facility based after a strategic review.
Thu 03 Apr 2025 07:03
(Sharecast News) - Shares in Currys surged on Thursday as the electrical retailer lifted annual earnings guidance after "robust" trading since the start of the year, including a return to growth at its troubled Nordics division.
Thu 03 Apr 2025 07:00
(Sharecast News) - Mike Ashley's acquisitive Frasers Group has further upped its stake in German fashion brand Hugo Boss.
Wed 02 Apr 2025 13:11
(Sharecast News) - Struggling utility group Thames Water has appointed the former finance boss of Pennon and Anglian Water as its new chief financial officer, less than a week after the abrupt resignation of its CFO and the selection of a "preferred partner" to help the company avoid nationalisation.
Wed 02 Apr 2025 12:45
(Sharecast News) - The Prudential Regulation Authority has fined former Wyelands Bank director George Hambro £72,000 for failing to act with "due skill, care and diligence".
Wed 02 Apr 2025 12:09
(Sharecast News) - Berenberg has given UK-listed drinks stocks Coca-Cola HBC and Diageo a 'buy' rating as part of its review of European beverage brands, as tariff-related newsflow and market volatility continues to dampen sentiment across the sector.
Wed 02 Apr 2025 11:18
(Sharecast News) - Alphawave IP Group said on Wednesday it remained "confident" of becoming a leading player in the semiconductor sector, as takeover speculation surrounding the tech firm heightened.
Wed 02 Apr 2025 10:40
(Sharecast News) - Shares in Bezant Resources jumped on Wednesday as the company moved one step closer to a mining licence at the Hope and Gorob copper-gold mining project in Namibia.
Wed 02 Apr 2025 10:35
(Sharecast News) - Heathrow was warned about power supply concerns less than a week before an outage shut the airport, causing chaos for thousands of passengers, MPs were told on Wednesday.
Wed 02 Apr 2025 09:40
(Sharecast News) - Shares in floorings retailer Topps Tiles headed south on Wednesday after it said trading had started slowly in January but stated volumes had begun to improve through February and March.
Wed 02 Apr 2025 09:35
(Sharecast News) - RBC Capital Markets upgraded Rathbones on Wednesday to 'outperform' from 'sector perform' and lifted the price target to 2,000p from 1,850p, citing underappreciated growth and attractive capital return prospects.
Wed 02 Apr 2025 09:21
(Sharecast News) - Energy company SSE narrowed FY adjusted earnings per share guidance on Wednesday but maintained long-term profit expectations as it looks to move ahead with its renewable energy goals.
Wed 02 Apr 2025 07:53
(Sharecast News) - Brighton Pier Group has announced plans to delist from AIM, saying it is in the best interest of the company and its shareholders, causing shares to plummet on Wednesday.
Wed 02 Apr 2025 07:48
(Sharecast News) - Budget airline Ryanair reported a 10% jump in passenger numbers for March on Wednesday.
Wed 02 Apr 2025 07:44
(Sharecast News) - Industrial tech solutions group Nexteq has promoted its independent non-executive director Carol Thompson to the non-executive chair position.
Wed 02 Apr 2025 07:31
(Sharecast News) - Raspberry Pi Holdings posted a slide in annual profits on Wednesday, although the decline was not as steep as analysts had been expecting.
Wed 02 Apr 2025 07:24
(Sharecast News) - Chemring said on Wednesday that its Roke business has won a "strategically important" UK Ministry of Defence missile defence contract valued at £251m over six years.
Wed 02 Apr 2025 07:22
(Sharecast News) - Wizz Air said in an update on Wednesday that it carried 5.1 million passengers in March - a 6.4% increase year-on-year - as the low-cost carrier expanded capacity and reported strong early trends for the summer season.
Wed 02 Apr 2025 07:14
(Sharecast News) - London-focused real estate group Great Portland Estates has signed nine fully managed leasing deals over the past three weeks worth £7.2m of annual rent.
Wed 02 Apr 2025 07:03
(Sharecast News) - Building materials distributor Grafton Group has agreed to buy HSS Hire Group's Irish business in a €32m deal, it was announced on Wednesday.
Wed 02 Apr 2025 07:02
(Sharecast News) - Convenience food maker Greencore said it had reached agreement in principle to take over rival Bakkavor in a deal worth £1.2bn after two previous approaches were rejected- sending shares in the Icelandic company surging.
Tue 01 Apr 2025 15:08
(Sharecast News) - US President Donald Trump will unveil his reciprocal trade tariffs at an event scheduled for 1900 GMT in the Rose Garden on Wednesday.
Tue 01 Apr 2025 14:04
(Sharecast News) - Alphawave IP surged on Tuesday after Qualcomm confirmed that it is considering making an offer for the company.
Tue 01 Apr 2025 12:49
(Sharecast News) - Analysts at Berenberg lowered their target price on retailer Pets At Home from 290.0p to 245.0p on Tuesday, stating that it was awaiting positive catalysts.
Tue 01 Apr 2025 10:50
(Sharecast News) - Deutsche Bank upgraded AJ Bell on Tuesday to 'buy' from 'hold' but cut the price target to 480p from 500p.
Tue 01 Apr 2025 10:31
(Sharecast News) - Strip Tinning shares were surging on Tuesday, after it said in an update that trading in the first quarter was materially ahead of expectations, driven by strong momentum in its higher-margin battery technologies division.
Tue 01 Apr 2025 08:50
(Sharecast News) - Output in the UK manufacturing sector shrank in March, with new orders declining at the fastest pace in 19 months and business confidence slumping to a near two-and-a-half year low, according to a survey released on Tuesday.
Tue 01 Apr 2025 08:01
(Sharecast News) - Investment bank Peel Hunt announced on Tuesday that FY25 losses would come in lower than previously expected thanks to cost-cutting efforts made throughout H2.
Tue 01 Apr 2025 07:31
(Sharecast News) - Shares in Travis Perkins dropped sharply on Tuesday after the building materials group said it barely broke even in 2024 on the back of falling volumes and prices and an underperforming merchanting business, with the bottom line weighed down further by £139m in impairment charges.
Tue 01 Apr 2025 07:25
(Sharecast News) - Capita announced on Tuesday that it has secured a £107m contract extension with the Education Authority of Northern Ireland, under which it will continue providing IT services to over 1,100 schools across the region.
Tue 01 Apr 2025 07:24
(Sharecast News) - Annual sales growth at UK grocery stores slowed to its lowest rate in 10 months in March, according to data out on Tuesday from research firm Kantar, as promotional activity picked up.
Tue 01 Apr 2025 07:23
(Sharecast News) - Packaging group Mondi has finalised the acquisition of certain assets from Schumacher Packaging, expanding its footprint across Germany, Benelux and the UK.
Tue 01 Apr 2025 07:23
(Sharecast News) - Irish convenience food manufacturer Greencore lifted its full-year profit outlook on Tuesday as it hailed a strong second quarter.
Tue 01 Apr 2025 07:05
(Sharecast News) - Spire Healthcare on Tuesday said it had bought Acorn Occupational Health for £3.3m.
Mon 31 Mar 2025 14:43
(Sharecast News) - Smarttech247 announced a significant contract extension with an unnamed major hospital in Ireland on Monday, valued at about €0.5m over four years.
Mon 31 Mar 2025 11:52
(Sharecast News) - Thames Water has selected US investment firm KKR to take a stake in the business, as the utility desperately works to avoid renationalisation amid eye-watering bill increases for its long-suffering customers.
Mon 31 Mar 2025 11:52
(Sharecast News) - Mike Ashley's Frasers Group increased its stake in ecommerce group THG on Monday.
Mon 31 Mar 2025 11:38
(Sharecast News) - Analysts at Canaccord Genuity raised their target price on 'buy' rated software publisher Gaming Realms from 50.0p to 57.0p on Monday, stating it was "well-placed" for FY25 following "another record year".
Mon 31 Mar 2025 11:37
(Sharecast News) - Conduit Holdings announced the retirement of chief executive officer Trevor Carvey on Monday, effective 11 April, citing personal circumstances requiring his return to the UK.
Mon 31 Mar 2025 11:36
(Sharecast News) - PRS REIT posted a robust set of interim results for the six months to 31 December, underpinned by solid rental growth, strong occupancy and disciplined cost management, as the company neared completion of its development programme and continued to explore strategic options including a potential sale.
Mon 31 Mar 2025 11:33
(Sharecast News) - Water utility company Pennon Group revealed on Monday that last year's Brixham water supply scandal had cost it roughly £36.0m in "reshaping and transformation" costs.
Mon 31 Mar 2025 11:32
(Sharecast News) - Precision engineering firm Hunting said on Monday that its subsea technologies arm had secured a number of new contract wins totalling $38.0m.
Mon 31 Mar 2025 11:30
(Sharecast News) - Petershill Partners has unveiled another special dividend payment after a solid increase in profits in 2024, as the private equity group painted a confident outlook for future shareholder returns.
Mon 31 Mar 2025 08:22
(Sharecast News) - Engineering and consulting business Wood Group revealed on Monday that its shares would most likely be suspended from trading on the London Stock Exchange after finding "material weakness and failures" in its books.
Mon 31 Mar 2025 07:37
(Sharecast News) - Luxury car maker Aston Martin on Monday said that chairman Lawrence Stroll's Yew Tree Consortium would plough another £52.5m into the company, lifting its stake to around 33%.
Mon 31 Mar 2025 07:21
(Sharecast News) - AstraZeneca announced on Monday that it secured a US regulatory approval and a positive EU recommendation for two of its oncology therapies, Imfinzi and Calquence, marking progress in its immunotherapy and haematology pipelines.
Mon 31 Mar 2025 07:12
(Sharecast News) - Pets at Home tumbled on Monday as it said profits were set to fall next year as an uncertain economic backdrop and increased costs take their toll.
Mon 31 Mar 2025 07:05
(Sharecast News) - Paul Marchant has resigned as Primark chief executive with immediate effect after a woman made a complaint about his behaviour "in a social environment", parent company Associated British Foods said on Monday.
Fri 28 Mar 2025 14:54
(Sharecast News) - London-listed airline stocks were on the descent on Friday after Heathrow's boss warned that the cost of upgrading the airport to a new power system could cost upwards of £1bn, with airlines having to foot the bill through landing charges.
Fri 28 Mar 2025 13:18
(Sharecast News) - Thames Water's chief financial officer Alastair Cochran will leave the company at the end of March, it was announced on Friday, marking a significant leadership change as the debt-laden utility pushed ahead with efforts to stabilise its finances.
Fri 28 Mar 2025 10:17
(Sharecast News) - Analysts at Berenberg hiked their target price on retailer Next from 12,600.0p to 13,400.0p on Friday, noting the stock appeared to be in "a mid-market sweet spot".
Fri 28 Mar 2025 09:42
(Sharecast News) - Citi reiterated its 'buy' rating on B&M European Value Retail on Friday as it said the stock's de-rating was overdone.
Fri 28 Mar 2025 09:10
(Sharecast News) - Ricardo insisted it was making "good progress" on Friday, as it reiterated its opposition to moves by shareholder Science Group to overhaul the board.
Fri 28 Mar 2025 08:49
(Sharecast News) - RBC Capital Markets cut its price target on Burberry on Friday to 1,200p from 1,300p as it reduced FY26 EBIT estimates.
Fri 28 Mar 2025 08:42
(Sharecast News) - Brooks Macdonald shares started trading on London's main market on Friday, following their simultaneous cancellation from AIM.
Fri 28 Mar 2025 08:29
(Sharecast News) - Haleon launched a share buyback programme of up to £330m on Friday, representing the remaining portion of the £500m allocated for repurchases in 2025.
Fri 28 Mar 2025 07:46
(Sharecast News) - Newspaper and magazine distributor Smiths News said on Friday that it had delivered "a solid trading performance" across H125 and that it remains on track to deliver FY results in line with market expectations.
Fri 28 Mar 2025 07:27
(Sharecast News) - Diversified Energy announced on Friday that it has raised $300m through the successful placement of new senior secured notes maturing in April 2029.
Fri 28 Mar 2025 07:25
(Sharecast News) - A significant improvement in margins at Good Energy was able to offset a big slump in revenues, with the renewable electricity and energy services provider reporting a double-digit increase in profits for 2024.
Fri 28 Mar 2025 07:08
(Sharecast News) - Energy group SSE has promoted its chief commercial officer Martin Pibworth to the CEO position, replacing current boss Alistair Phillips-Davies who will formally leave the company this summer.
Fri 28 Mar 2025 07:03
(Sharecast News) - WH Smith has sold its UK high street business to Modella Capital for an enterprise value of £76m on a cash and debt-free basis in a deal that will see the chain rebranded as TGJones.
Thu 27 Mar 2025 15:20
(Sharecast News) - Advanced Medical Solutions confirmed in a regulatory update on Thursday that Montagu Private Equity was considering a possible offer for the company, following recent press speculation.
Thu 27 Mar 2025 13:40
(Sharecast News) - Analysts at Keefe, Bruyette & Woods reiterated their 'outperform' rating and 430.0p target price on merchant banker Close Brothers on Thursday after chief executive Mike Morgan delivered "an excellent presentation" to its sales force.
Thu 27 Mar 2025 13:26
(Sharecast News) - The market spotlight at the end of the week will be on the release of a reading on the Federal Reserve's preferred inflation gauge.
Thu 27 Mar 2025 13:22
(Sharecast News) - WH Smith will reportedly decide the fate of its high street chain within days, as it holds final discussions with the two remaining bidders for the business.
Thu 27 Mar 2025 11:47
(Sharecast News) - The owner of OnlyFans has been fined more than £1m after it supplied Ofcom inaccurate data, it was confirmed on Thursday.
Thu 27 Mar 2025 10:46
(Sharecast News) - Analysts at Canaccord Genuity initiated coverage on transportation and logistics industry software provider Microlise at 'buy' on Thursday, stating the group was "ready to hit the accelerator".
Thu 27 Mar 2025 10:39
(Sharecast News) - Thousands of jobs were put at risk on Thursday, after British Steel announced plans to shut two blast furnaces at its Scunthorpe plant, just days after rejecting a £500m government lifeline.
Thu 27 Mar 2025 10:24
(Sharecast News) - Software developer Playtech said on Thursday that its business-to-business unit had hit medium-term targets ahead of schedule in what it branded a "landmark year".
Thu 27 Mar 2025 08:43
(Sharecast News) - Octopus Renewables Infrastructure Trust delivered a positive net asset value total return of 2.5% in 2024, supported by stronger operational performance and progress on its capital allocation strategy.
Thu 27 Mar 2025 08:41
(Sharecast News) - North Sea-focussed exploration and production firm Enquest said on Thursday that it had swung to a post-tax profit in FY24 despite reporting a drop in both production and revenues.
Thu 27 Mar 2025 08:33
(Sharecast News) - Swedish fashion retailer H&M reported weaker-than-expected first quarter sales amid continuing sluggish demand for its clothing range and increased discounting.
Thu 27 Mar 2025 08:17
(Sharecast News) - Naked Wines surged on Thursday as investors welcomed the company's new strategic plan to deliver "significant cash, distributions, and sustainable profitable growth".
Thu 27 Mar 2025 08:12
(Sharecast News) - CLS Holdings announced on Thursday that it has agreed to sell its student accommodation asset at Spring Mews in Vauxhall, London, for £101.1m in cash to a joint venture between Rosethorn Capital Partners and Barings.
Thu 27 Mar 2025 07:40
(Sharecast News) - Capricorn Energy said on Thursday that 2024 had been a "pivotal" year for the oil and gas producer, with crucial negotiations with the Egyptian authorities on track to conclude in the coming months.
Thu 27 Mar 2025 07:38
(Sharecast News) - Transport operator Mobico has appointed Phil White as chair with effect from 1 May 2025, replacing Helen Weir.
Thu 27 Mar 2025 07:28
(Sharecast News) - LondonMetric Property has agreed to acquire Highcroft Investments in a recommended all-share deal, it announced on Thursday, that values the UK real estate investment trust at £43.8m.
Thu 27 Mar 2025 07:18
(Sharecast News) - Sage Group said chief financial officer Jonathan Howell would step down at the end of the year to focus on non-executive work and be replaced by Jacqui Cartin, currently financial controller at EVP Group.
Thu 27 Mar 2025 07:16
(Sharecast News) - AJ Bell said on Thursday that it has agreed to sell its Platinum SIPP and SSAS business - AJ Bell Platinum - to InvestAcc for up to £25m.
Thu 27 Mar 2025 07:04
(Sharecast News) - Drax said it has agreed a 20-year joint venture agreement with Power Minerals to build a facility to process pulverised fuel ash into material which can be sold to the construction industry and used in the production of cement with a lower carbon footprint.
Thu 27 Mar 2025 07:01
(Sharecast News) - Retail giant Next boosted its sales outlook on Thursday following a strong start to the year, but warned that consumer confidence was set to deteriorate as the year progressed.
Wed 26 Mar 2025 14:58
(Sharecast News) - Imperial Brands unveiled a new long-term growth strategy to 2030 on Wednesday, building on its current five-year plan with a focus on delivering sustainable value in combustibles, scaling its next generation products (NGP) business, and driving efficiencies through a more agile, data-led organisation.
Wed 26 Mar 2025 14:05
(Sharecast News) - Deutsche Bank downgraded its stance on shares of pub group JD Wetherspoon to 'sell' from 'neutral' on Wednesday, slashing the price target to 450p from 600p following interim results.
Wed 26 Mar 2025 12:48
(Sharecast News) - GameStop surged in pre-market trade on Wednesday after the video game retailer said it plans to buy Bitcoin.
Wed 26 Mar 2025 12:45
(Sharecast News) - Oil major BP has finalised a deal with Iraq to redevelop several giant oil fields in Kirkuk, in the north of the country, the company said on Wednesday.
Wed 26 Mar 2025 12:12
(Sharecast News) - Activist investor Achilles Investment has called for a radical overhaul of Urban Logistics' board, including the removal of chair Nigel Rich, it was confirmed on Wednesday.
Wed 26 Mar 2025 09:01
(Sharecast News) - Evoke shares were sliding on Wednesday after it swung to an adjusted loss after tax for 2024, despite second-half adjusted EBITDA surging 71% versus the first half, helping it exceed the top end of its earnings guidance.
Wed 26 Mar 2025 09:00
(Sharecast News) - Ocado surged on Wednesday after JPMorgan Cazenove upgraded the shares to 'overweight' from 'neutral' and lifted the price target to 400p from 340p.
Wed 26 Mar 2025 08:40
(Sharecast News) - Avon Technologies raised its full-year guidance on Wednesday after reporting continued strong trading momentum in the second quarter, underpinned by robust demand across its defence and protective equipment businesses.
Wed 26 Mar 2025 08:04
(Sharecast News) - Citi cut its price target on Qinetiq on Wednesday to 510p from 530p as it said near-term uncertainty was an overhang but long-term value remains.
Wed 26 Mar 2025 07:54
(Sharecast News) - UK convenience food maker Greencore has lifted its bid for rival Bakkavor Group, according to a media report on Tuesday.
Wed 26 Mar 2025 07:37
(Sharecast News) - Shares in Everplay surged on Wednesday as the video game maker returned to profit and said current-year trading would be marginally ahead of expectations.
Wed 26 Mar 2025 07:29
(Sharecast News) - Defence firm Babcock International said on Wednesday that it has been awarded a five-year contract extension with the Ministry of Defence worth around £1bn.
Wed 26 Mar 2025 07:02
(Sharecast News) - House builder Vistry reported a slump in profits after "disappointing" year amid challenging market conditions, abandoned projects and cost overruns that forced it to suspend its dividend.
Tue 25 Mar 2025 16:26
(Sharecast News) - Mike Ashley's Frasers Group upped its stake in online electricals retailer AO World on Tuesday.
Tue 25 Mar 2025 12:32
(Sharecast News) - Anglo American said on Tuesday that its Sakatti copper and polymetallic project in Finland has been designated as a 'strategic project' by the European Commission.
Tue 25 Mar 2025 11:08
(Sharecast News) - THG said on Tuesday that it has raised £90m in a share placing and refinancing, which includes a £60m contribution from founder and chief executive Matthew Moulding, as it looks to support its "strategic growth targets".
Tue 25 Mar 2025 10:45
(Sharecast News) - Investors' focus in the middle of the week will be on the cost of living in the UK.
Tue 25 Mar 2025 09:50
(Sharecast News) - Xaar reported a weaker financial performance for the year ended 31 December on Tuesday, reflecting challenging end markets, particularly in ceramics and engineered systems, although the company made strategic progress in new growth areas that were expected to support stronger performance in the medium term.
Tue 25 Mar 2025 09:42
(Sharecast News) - Henry Boot reported a resilient performance for the year ended 31 December on Tuesday, with results in line with market expectations and a solid foundation laid for future growth.
Tue 25 Mar 2025 09:26
(Sharecast News) - Soft drinks manufacturer AG Barr reported a robust set of results for the year ended 25 January on Tuesday, with adjusted profit before tax rising 15.8% to £58.5m and adjusted operating margin expanding by 130 basis points to 13.6%.
Tue 25 Mar 2025 09:06
(Sharecast News) - Tullow Oil posted a return to profit in its 2024 results on Tuesday, underpinned by continued strategic delivery, production optimisation, and progress on debt reduction.
Tue 25 Mar 2025 09:02
(Sharecast News) - Intellectual property company IP Group reported a wider annual loss and lower net asset value as it focused on generating cash from profitable investment exits and said it would use the money to extend its share buyback by £10m.
Tue 25 Mar 2025 08:38
(Sharecast News) - Road transportation payments specialist WAG Payment Solutions, which trades as Eurowag, delivered a strong set of financial and operational results for the year ended 31 December on Tuesday, marked by consistent double-digit revenue growth, robust cash generation, and a significant reduction in net leverage.
Tue 25 Mar 2025 08:22
(Sharecast News) - Morgan Sindall surged on Tuesday as it said 2025 profits were set to be "slightly" ahead of market consensus following a stronger-than-expected performance from the Fit Out division.
Tue 25 Mar 2025 08:18
(Sharecast News) - Travel company TUI said it was targeting a profit margin for its markets and airline unit of more than 3% in the medium term and confirmed it was in talks to build two new vessels for its Marella cruise fleet.
Tue 25 Mar 2025 08:13
(Sharecast News) - Segro announced a joint venture on Tuesday with Pure Data Centres - owned by Oaktree - to create its first fully fitted data centre, which it expects to pre-lease to a hyperscaler.
Tue 25 Mar 2025 08:05
(Sharecast News) - WH Smith said it had completed a £200m issue of US private placement notes and a bank term loan of £120m.
Tue 25 Mar 2025 08:00
(Sharecast News) - Drax said on Tuesday that it has agreed to buy Harmony Energy Income Trust - a company that invests in battery energy storage systems in the UK - for around £199.9m.
Tue 25 Mar 2025 07:46
(Sharecast News) - Housebuilder Bellway hailed a "strong" first half on Tuesday as it posted a 12% increase in underlying pre-tax profit, citing lower mortgage interest rates and improved consumer confidence.
Tue 25 Mar 2025 07:41
(Sharecast News) - Energy giant Shell unveiled plans to increase investor returns, cut spending and lift liquified natural gas sales targets but came in for heavy criticism of chief executive Wael Sawan's pay package.
Tue 25 Mar 2025 07:24
(Sharecast News) - Smiths Group reported a strong set of half-year results on Tuesday, underpinned by continued execution of its value creation strategy and supported by organic growth and margin expansion, as it also announced the acquisition of the US-based Duc-Pac.
Tue 25 Mar 2025 07:03
(Sharecast News) - Shares in Kingfisher slumped on Tuesday after the DIY retail group forecast small earnings growth this year at best and warned of the impact of budgetary measures in the UK and France on consumer sentiment and costs in the short term.
Mon 24 Mar 2025 18:14
(Sharecast News) - THG announced a debt refinancing and equity raise on Monday to support its "strategic growth targets" following the demerger of the Ingenuity business.
Mon 24 Mar 2025 14:46
(Sharecast News) - The market spotlight on Tuesday would continue to be on geopolitics.
Mon 24 Mar 2025 13:56
(Sharecast News) - Morrisons announced a major restructuring plan on Monday that will see the closure of 17 convenience stores, 52 in-store cafés, and a range of other in-store services, putting 365 jobs at risk across the UK.
Mon 24 Mar 2025 13:35
(Sharecast News) - JPMorgan upgraded the global mining and metals sector to 'overweight' from 'underweight' on Monday, as it said that Rio Tinto, Antofagasta, Fresnillo & SSAB are its European key 'overweights'.
Mon 24 Mar 2025 12:42
(Sharecast News) - Mike Ashley's Frasers Group said on Monday that it was planning to open more than 350 Sports Direct stores in Southeast Asia and India as it expends its existing partnership with MAP Active, a sports, fashion and distributor operator in south Asia.
Mon 24 Mar 2025 12:26
(Sharecast News) - Danish drugmaker Novo Nordisk has signed a deal worth up $2bn to develop, make and sell United Laboratories International's weight-loss drug candidate.
Mon 24 Mar 2025 08:04
(Sharecast News) - Shares in German energy form RWE rose on Monday after activist investor Elliott revealed it had taken an almost 5% stake in the company and called for an increase its €1.5bn share buyback programme.
Mon 24 Mar 2025 07:49
(Sharecast News) - Wood Group said on Monday that the deadline by which Dubai's Sidara must either announce a formal intention to make an offer for the company or walk away has been extended.
Mon 24 Mar 2025 07:28
(Sharecast News) - GSK said on Monday that the European Medicines Agency has accepted its application to expand the use of 'Nucala', or mepolizumab, to include patients with chronic obstructive pulmonary disease (COPD) who have an eosinophilic phenotype.
Mon 24 Mar 2025 07:27
(Sharecast News) - Great Portland Estates said it has bought the freehold interest in the One Chapel Place office building in London's West End.
Mon 24 Mar 2025 07:23
(Sharecast News) - Shares in S4 Capital surged on Monday as the Digital advertising and marketing business paid its first dividend despite warning of client caution amid increasing concerns about macro-economic uncertainty and the impact of tariffs.
Mon 24 Mar 2025 07:04
(Sharecast News) - Fintech group Plus500 has bought Indian financial services company Mehta Equities for $20m, the company said on Monday.
Fri 21 Mar 2025 15:30
(Sharecast News) - Advertising agency WPP is reportedly in talks to sell Spafax, a provider of in-flight entertainment which counts some of the world's leading airlines among its clients.
Fri 21 Mar 2025 15:16
(Sharecast News) - Mike Ashley's Frasers Group lifted its stake in Asos on Friday to 25.13% from 24.21%.
Fri 21 Mar 2025 13:28
(Sharecast News) - Cruise operator Carnival lifted its full-year earnings outlook on Friday as it reported record revenues for the first quarter, citing outperformance across the board.
Fri 21 Mar 2025 13:20
(Sharecast News) - Shares in Big Technologies plunged on Friday as the company said it was considering action against suspended chief executive officer and founder Sara Murray.
Fri 21 Mar 2025 11:26
(Sharecast News) - The Financial Conduct Authority announced on Friday that it is to launch an investigation into the pure protection insurance market amid concerns about how adviser commissions are affecting consumers.
Fri 21 Mar 2025 11:17
(Sharecast News) - Pharma giant AstraZeneca announced on Friday that it is investing $2.5bn in a new global R&D centre in China, along with major research and manufacturing agreements with three of the country's biotech firms.
Fri 21 Mar 2025 08:59
(Sharecast News) - Shore Capital has upgraded ASOS from 'hold' to 'buy' after first-half earnings came in ahead of forecasts on Friday.
Fri 21 Mar 2025 08:58
(Sharecast News) - RBC Capital Markets upgraded Crest Nicholson on Friday to 'outperform' from 'sector perform' and hiked the price target to 230p from 180p after the housebuilder's capital markets day on Thursday.
Fri 21 Mar 2025 08:34
(Sharecast News) - Ceres Power reported a 132% increase in revenue to £51.9m for the year ended 31 December on Friday, supported by record order intake of £112.8m following new partnerships in Asia.
Fri 21 Mar 2025 07:55
(Sharecast News) - Real estate developer British Land has been given the green light to redevelop the 31-storey Euston Tower into 560,000 square feet of workspaces and hospitality venues.
Fri 21 Mar 2025 07:28
(Sharecast News) - Ferrexpo said on Friday that Ukrainian tax authorities have suspended VAT refunds for January totalling UAH 512.9m ($12.5m) for two of its subsidiaries, citing sanctions imposed on major shareholder Kostiantyn Zhevago.
Fri 21 Mar 2025 07:26
(Sharecast News) - Pub owner JD Wetherspoon reinstated its interim dividend on Friday after a solid increase in first-half underlying sales, but warned of the impact of rising labour costs on the business, which will hit each of its pubs by £1,500 per week.
Fri 21 Mar 2025 07:25
(Sharecast News) - UK-based gas producer Energean has pulled its $945m deal to sell some of its assets to private equity fund Carlyle due to pending regulatory approvals in Italy and Egypt.
Fri 21 Mar 2025 07:23
(Sharecast News) - Asos lifted its profit outlook for the first half on Friday, sending shares in the online fashion retailer surging for the second day in a row.
Fri 21 Mar 2025 07:22
(Sharecast News) - Petrofac said in an update on Friday that a UK court has approved the proposed creditor class composition for its financial restructuring plan, allowing it to proceed with creditor meetings.
Fri 21 Mar 2025 07:02
(Sharecast News) - London's Heathrow airport said some operations would resume on Friday after a fire at a local electricity substation overnight caused a power outage, hitting more than 1,300 flights and disrupting air travel globally.
Thu 20 Mar 2025 13:42
(Sharecast News) - Analysts at Bank of America reiterated their 'buy' recommendation for shares of Prudential on the back of the insurance and wealth management outfit's latest results.
Thu 20 Mar 2025 13:37
(Sharecast News) - Investors' focus at the end of the week will remain trained on the UK.
Thu 20 Mar 2025 12:38
(Sharecast News) - Yorkshire Water has been ordered to pay out £40m to address serious failings in its sewage and wastewater systems, the regulator confirmed on Thursday.
Thu 20 Mar 2025 11:27
(Sharecast News) - The London Metal Exchange has been fined more than £9m by the financial watchdog after it was unable properly manage a spike in volatility in nickel trading.
Thu 20 Mar 2025 11:14
(Sharecast News) - RBC Capital Markets reiterated its 'outperform' rating on Schroders on Thursday and hiked its price target to 475p from 395p as it lifted its adjusted operating earnings estimates by 1%/6%/9% over FY25/26/27, updating the FY24 results and strategy evolution.
Thu 20 Mar 2025 09:58
(Sharecast News) - Asos shares surged on Thursday after largest shareholder Anders Holch Povlsen upped his stake in the online fashion retailer to just below the level that triggers a mandatory takeover offer.
Thu 20 Mar 2025 09:50
(Sharecast News) - Lloyd's of London reported a slide in profits on Thursday, following a raft of catastrophes in the US.
Thu 20 Mar 2025 09:14
(Sharecast News) - Shares in investing giant 3i Group were sliding on Thursday morning, even after it reported positive progress ahead of a capital markets seminar focused on its largest portfolio company, the Benelux-focussed general discount retailer Action.
Thu 20 Mar 2025 09:06
(Sharecast News) - Costain Group announced on Thursday that it has been selected as the programme delivery partner for Urenco's infrastructure investment at its Capenhurst site in Cheshire.
Thu 20 Mar 2025 09:04
(Sharecast News) - Shares in Crest Nicholson Holdings rallied on Thursday, after the housebuilder said it had seen an "encouraging" start to the year.
Thu 20 Mar 2025 08:56
(Sharecast News) - Wickes rallied on Thursday as it posted a drop in full-year profits due to weaker demand for larger ticket items, but said it remained on track to meet market expectations for FY25 and announced a £20m share buyback.
Thu 20 Mar 2025 07:41
(Sharecast News) - Wealth manager Rathbones Group said it had appointed former Man Group chief financial officer Jonathan Sorrell as its chief executive designate, after revealing that Paul Stockton was retiring in September after 16 years of service.
Thu 20 Mar 2025 07:34
(Sharecast News) - Shaftesbury Capital has sold a 25% stake in its Covent Garden portfolio to Norwegian sovereign wealth fund Norges Bank Investment Management (NBIM) for £570m.
Thu 20 Mar 2025 07:28
(Sharecast News) - Energean reported a strong financial performance for 2024 on Thursday, driven by growth in its core Israeli operations, despite an impairment charge impacting net profit.
Thu 20 Mar 2025 07:20
(Sharecast News) - Shares in Investec dropped on Thursday after the international bank and wealth manager underwhelmed with its guidance for the year ending 31 March, with adjusted profits expected to rise by 5-12%.
Thu 20 Mar 2025 07:10
(Sharecast News) - Prudential has hiked its dividend by 13% and accelerated its share buyback plan after profits rose by a tenth in 2024, with financial results in line with group guidance.
Thu 20 Mar 2025 07:04
(Sharecast News) - Food company Cranswick on Thursday upgraded medium-term targets and said the current year outlook was unchanged, with robust demand for its core pork and poultry products continuing throughout the fourth quarter.
Wed 19 Mar 2025 16:48
(Sharecast News) - Financial markets' focus on Thursday will swing to the UK, where the Monetary Policy Committee will be meeting to decide on rates.
Wed 19 Mar 2025 15:35
(Sharecast News) - The European Commission has decided to proceed with regulatory action against Apple and Google under its new digital competition rules.
Wed 19 Mar 2025 12:15
(Sharecast News) - Southern Water is seeking debt relief from some of its creditors, it was reported on Wednesday, as its owner Macquarie Asset Management injected fresh capital into the struggling UK utility.
Wed 19 Mar 2025 12:12
(Sharecast News) - Bridgepoint gained on Wednesday after an upgrade to 'buy' from 'neutral' at Citi, which said the risk-reward looks attractive following recent underperformance.
Wed 19 Mar 2025 11:26
(Sharecast News) - Shares in Goodwin sparked on Wednesday, after the engineering specialist's order book hit a record high.
Wed 19 Mar 2025 10:36
(Sharecast News) - Filtronic announced on Wednesday that it has expanded its strategic partnership with SpaceX, securing an increased allocation of business to supply advanced E-band SSPA modules for the Starlink satellite constellation.
Wed 19 Mar 2025 10:20
(Sharecast News) - Berenberg slashed its price target on QinetiQ on Wednesday to 500p from 610p to reflect lowered estimates, but reiterated its 'buy' rating.
Wed 19 Mar 2025 09:11
(Sharecast News) - Mitie Group announced the appointment of Christopher Rogers as its chair-elect on Wednesday, to succeed Derek Mapp as chair following the company's annual general meeting on 22 July, when Mapp would step down after eight years on the board.
Wed 19 Mar 2025 08:49
(Sharecast News) - Compass Group slumped on Wednesday after BNP Paribas Exane downgraded shares of the catering firm to 'underperform' from 'outperform'.
Wed 19 Mar 2025 08:26
(Sharecast News) - FDM Group saw a big drop in revenues and profits in 2024, but shares rose strongly on Wednesday after the tech consultancy pointed to an "encouraging" start to 2025.
Wed 19 Mar 2025 08:11
(Sharecast News) - Alpha Group International reported a 23% increase in group revenue to £135.6m for the year ended 31 December on Wednesday, reflecting strong organic growth and the expanding contribution of its Cobase platform.
Wed 19 Mar 2025 08:08
(Sharecast News) - Shares in Ferrexpo were sharply lower on Wednesday, after the iron ore producer accused Ukraine of breaching international investment agreements.
Wed 19 Mar 2025 08:03
(Sharecast News) - Up to 750 staff at Santander face losing their jobs after the bank said it would close 95 branches in the UK.
Wed 19 Mar 2025 07:38
(Sharecast News) - Investment manager M&G swung to an annual loss in 2024 but posted a small, unexpected increase in adjusted earnings profits, helped by strong growth in asset management and cost cutting.
Wed 19 Mar 2025 07:36
(Sharecast News) - Shares in Softcat surged on Wednesday as the company lifted expectations for operating profit growth after interim earnings jumped by 12%.
Wed 19 Mar 2025 07:23
(Sharecast News) - Superdrug is to expand its UK footprint by opening a raft of larger stores, the health and beauty retailer announced on Wednesday.
Wed 19 Mar 2025 07:18
(Sharecast News) - Pfizer has fully exited its investment in UK-listed pharma group Haleon, selling off its remaining 7.3% stake for £2.5bn.
Wed 19 Mar 2025 07:05
(Sharecast News) - Rio Tinto has asked shareholders to vote against a resolution from hedge fund Palliser Capital to review the mining giant's dual listing in London and Sydney, calling it "value destructive".
Tue 18 Mar 2025 15:21
(Sharecast News) - Thames Water said on Tuesday that it has received takeover offers from six potential suitors and that talks with relevant parties are ongoing.
Tue 18 Mar 2025 14:32
(Sharecast News) - Big Technologies announced the suspension of its chief executive officer Sara Murray on Tuesday, following concerns about her conduct related to ongoing litigation.
Tue 18 Mar 2025 13:43
(Sharecast News) - Shore Capital on Tuesday cut its recommendation for QinetiQ from 'buy' to 'hold' following a profit warning from the UK defence contractor on Monday.
Tue 18 Mar 2025 12:55
(Sharecast News) - Fund managers made the sharpest rotation in March out of US stocks and into Europe since records began in 1999, according to the latest fund manager survey from Bank of America.
Tue 18 Mar 2025 12:05
(Sharecast News) - Fonix reported solid first-half growth on Tuesday, with gross profit rising 6.5% to £9.8m and adjusted EBITDA increasing 6.8% to £7.8m.
Tue 18 Mar 2025 12:05
(Sharecast News) - Mike Ashley's Frasers Group is to make a mandatory offer for Norway's XXL, the retailer confirmed on Tuesday, just weeks after abandoning its pursuit of the sporting goods specialist.
Tue 18 Mar 2025 09:59
(Sharecast News) - RBC Capital Markets upgraded Anglo American on Tuesday to 'sector perform' from 'underperform' and lifted the price target to 2,310p from 2,200p.
Tue 18 Mar 2025 09:01
(Sharecast News) - All eyes in the middle of the week will be on the US central bank as it meets to decide on policy.
Tue 18 Mar 2025 08:33
(Sharecast News) - Financial advice firm Kingswood Holdings has announced that majority shareholder HSQ Investments is to snap up all of the shares that it doesn't already own, giving shareholders the option of liquidity prior to delisting.
Tue 18 Mar 2025 08:13
(Sharecast News) - Genel Energy said on Tuesday that it would look to further boost its presence in the Middle East, after delivering free cash flow for the first time.
Tue 18 Mar 2025 08:00
(Sharecast News) - Full-year profits at advanced materials group Zotefoams jumped on the back of record sales, with the company unveiling new medium-term targets on Tuesday to grow revenues by a third by 2029.
Tue 18 Mar 2025 07:36
(Sharecast News) - Indian billionaire Sunil Bharti Mittal has reportedly indicated that he is considering increasing his holding in BT Group after taking a 24.5% stake in the telecoms firm last year.
Tue 18 Mar 2025 07:35
(Sharecast News) - Bytes Technology reported double-digit growth across all key financial metrics over the year to 28 February, with gross invoiced income topping the £2bn mark for the first time.
Tue 18 Mar 2025 07:26
(Sharecast News) - Close Brothers shares tanked on Tuesday after the merchant banking group swung to a hefty loss in the first half on the back of a £165m provision for motor finance commissions.
Tue 18 Mar 2025 07:20
(Sharecast News) - STEM-focused recruiter SThree has held on to its full-year guidance despite a weak first quarter with double-digit declines in fees for both contract and permanent positions.
Tue 18 Mar 2025 07:07
(Sharecast News) - Trustpilot reported strong financial and operational growth for 2024 in its final results on Tuesday, driven by strategic execution, product innovation, and network effects.
Tue 18 Mar 2025 07:03
(Sharecast News) - Shares in Computacenter soared on Monday as the IT group turned upbeat on its prospects after a strong second half that helped annual profit nudge ahead of forecasts, despite an uncertain macroeconomic environment and softer market conditions in the UK, offset by stronger performances in the US and Germany.
Mon 17 Mar 2025 14:49
(Sharecast News) - Investors' attention on Tuesday would be squarely on an expected phone conversation between the US and Russian presidents.
Mon 17 Mar 2025 12:39
(Sharecast News) - Berenberg recommended on Monday that investors 'buy the dip' in Currys, as it hailed the electricals retailer as a "top pick" for 2025.
Mon 17 Mar 2025 12:06
(Sharecast News) - Britain's Court of Appeal has ruled against campaigners and investors trying to stop the Thames Water's "eye-watering" £3bn emergency bailout, according to a decision published on Monday.
Mon 17 Mar 2025 11:36
(Sharecast News) - Harmony Energy Income Trust said on Monday that it was "minded to recommend" a £190.8m takeover proposal from investment manager Foresight Group LLP.
Mon 17 Mar 2025 09:31
(Sharecast News) - UK consumers grew a little more pessimistic about their finances in March as job insecurity persisted, according to a survey released on Monday.
Mon 17 Mar 2025 08:40
(Sharecast News) - CVS Group surged on Monday after RBC Capital Markets upgraded the shares to 'outperform' from 'sector perform' on forthcoming clarity from the Competition and Markets Authority and Australian margins, and hiked the price target to 1,500p from 940p.
Mon 17 Mar 2025 08:38
(Sharecast News) - Phoenix Group impressed shareholders on Monday by reporting strong strategic and financial progress for 2024, helping the savings and retirement business to lift its cash generation and earnings targets for the next two years.
Mon 17 Mar 2025 08:25
(Sharecast News) - US President Donald Trump said he would go ahead with reciprocal and additional sector-specific tariffs on April 2 with no exemptions for the steel and aluminium sectors.
Mon 17 Mar 2025 08:02
(Sharecast News) - Flooring products manufacturer Victoria has announced that chief financial officer Brian Morgan is to leave the company after three years of service, causing shares to rise strongly on Monday.
Mon 17 Mar 2025 07:38
(Sharecast News) - Energean remains committed to the sale of its portfolio in Egypt, Italy and Croatia to an outfit controlled by Carlyle International Energy Partners.
Mon 17 Mar 2025 07:21
(Sharecast News) - AstraZeneca announced on Monday that it is spending up to $1bn to acquire Belgian biotech firm EsoBiotec, which it says has the potential to "transform" cell therapy.
Mon 17 Mar 2025 07:18
(Sharecast News) - The average price of a home coming to market rose in March in line with the long-term average increase for that month, as many new sellers priced sensibly amid decade-high competition to sell, according to Rightmove.
Mon 17 Mar 2025 07:18
(Sharecast News) - Landscaping, building, and roofing products group Marshalls has trimmed its dividend after a dip in profits in 2024, but pointed to a recovery in end-markets later this year.
Mon 17 Mar 2025 07:06
(Sharecast News) - Shares in QinetiQ slumped by a fifth on Monday as the UK defence contractor said it would take a £140m impairment charge amid persistently tough market conditions and contract delays.
Fri 14 Mar 2025 15:57
(Sharecast News) - Ricardo has hit back at a list of demands by major shareholder Science Group, which called for a major shake-up of the board including the replacement of its chair, saying that they represent an "unwelcome intervention" at an important time for the consultancy.
Fri 14 Mar 2025 15:54
(Sharecast News) - UK supermarket stocks tumbled on Friday after Asda said it would undertake a "substantive" programme of investment in price, availability and the shopping experience to get the business "firing on all cylinders again" that will "materially" dent its profits.
Fri 14 Mar 2025 15:01
(Sharecast News) - Assura said on Friday that the deadline by which investment firms KKR and Stonepeak must announce a firm offer for the group has been extended to allow the consortium more time for due diligence.
Fri 14 Mar 2025 14:34
(Sharecast News) - Shares in Bakkavor surged late on Friday as it emerged the food company rejected two bids from UK rival Greencore - the second worth £1.13bn.
Fri 14 Mar 2025 13:37
(Sharecast News) - Travis Perkins said on Friday that its results for the year to the end of December 2024 will be delayed as its auditor has requested additional time to complete standard audit procedures, sending shares in the builders' merchant tumbling for the second time this week.
Fri 14 Mar 2025 12:50
(Sharecast News) - Capricorn Energy confirmed on Friday that it is in advanced talks with Egyptian General Petroleum Corporation over the Western Desert Egyptian concession agreements, which could leave to an improved gas price and increased investment and production.
Fri 14 Mar 2025 11:32
(Sharecast News) - Liberty Global has reportedly approached Vodafone for a potential acquisition of its stake in their Dutch joint venture VodafoneZiggo.
Fri 14 Mar 2025 11:31
(Sharecast News) - Cellular agriculture and biomanufacturing investor Agronomics saw losses swell in its first half but reported significant technological and commercial progress for the year, with shares rising on Friday.
Fri 14 Mar 2025 10:21
(Sharecast News) - Ashmore surged on Friday after UBS upgraded shares of the emerging markets investment manager to 'buy' from 'neutral' and lifted the price target 180p from 175p, as it said flow momentum, investor rotations and an attractive valuation lead to a favourable risk-reward.
Fri 14 Mar 2025 09:19
(Sharecast News) - Analysts at Berenberg lowered their target price on Spire Healthcare from 300.0p to 255.0p on Friday after the firm reported weaker-than-expected, missing consensus expectations across revenues, as well as adjusted underlying earnings and adjusted EPS.
Fri 14 Mar 2025 09:18
(Sharecast News) - Shares in Life Science REIT surged on Friday after the real estate group announced it has kicked off a review to explore "all strategic options", including a potential sale, aimed at maximising value for shareholders.
Fri 14 Mar 2025 09:03
(Sharecast News) - German carmaker BMW said it faced a €1bn hit from global tariffs this year as it reported a slump in annual profits amid weak demand in China.
Fri 14 Mar 2025 07:44
(Sharecast News) - Citi reiterated its 'buy' rating on Melrose Industries on Friday as it said it "presents a compelling investment opportunity", sending shares in the aerospace manufacturing firm higher.
Fri 14 Mar 2025 07:36
(Sharecast News) - Vanquis Banking incurred in a raft of impairment charges in a year that management dubbed as "pivotal" for its turnaround.
Fri 14 Mar 2025 07:20
(Sharecast News) - The UK economy unexpectedly shrank in January, according to figures released on Friday by the Office for National Statistics.
Fri 14 Mar 2025 07:12
(Sharecast News) - Heat treatment and thermal processing services firm Bodycote delivered a cautious outlook on Friday as it presented its full-year results, with end markets remaining mixed after a "challenging" 2024, in which reported profits dropped sharply due to one-off impairment charges.
Fri 14 Mar 2025 07:04
(Sharecast News) - House builder Berkeley Group reaffirmed earnings guidance but said planned government regulatory changes were putting delivery of new homes under "significant" pressure.
Thu 13 Mar 2025 12:53
(Sharecast News) - Donald Trump's tariff saga continued on Thursday as the US President threatened to impose a 200% tariff on the European Union's alcohol imports if the bloc does not remove its tariffs on US whiskey.
Thu 13 Mar 2025 12:37
(Sharecast News) - Secure Trust Bank saw its shares rally on Thursday, after it posted a solid set of numbers and upped the dividend, despite difficult market conditions.
Thu 13 Mar 2025 12:24
(Sharecast News) - Analysts at Berenberg downgraded speciality chemicals firm Synthomer from 'buy' to 'hold' on Thursday and cut its target price on the stock from 230.0p to 150.0p, stating the "margin of safety" was now "too thin".
Thu 13 Mar 2025 11:01
(Sharecast News) - The John Lewis Partnership posted a surge in annual profits on Thursday, but ruled out reinstating staff payouts.
Thu 13 Mar 2025 10:56
(Sharecast News) - Cross-border payments specialist CAB Payments said on Thursday that gross income had fallen in what it called a "reset year".
Thu 13 Mar 2025 10:49
(Sharecast News) - RBC Capital Markets upgraded Hochschild but downgraded Fresnillo on Thursday as it took a look at European miners, revising its commodity price assumptions.
Thu 13 Mar 2025 09:57
(Sharecast News) - Shares in Volution Group rallied on Thursday, after the engineering firm said full-year earnings were on track to beat forecasts.
Thu 13 Mar 2025 09:37
(Sharecast News) - Pub landlord Fuller, Smith & Turner launched a new share buyback on Thursday as it said it had experienced continued strong trading going into the end of the financial year.
Thu 13 Mar 2025 09:16
(Sharecast News) - DFS Furniture surged on Thursday as it lifted its full-year profit outlook following an improved profit performance in the first half.
Thu 13 Mar 2025 09:11
(Sharecast News) - Elementis said it had appointed Luc van Ravenstein as chief executive officer of the specialty chemicals company, succeeding Paul Waterman.
Thu 13 Mar 2025 08:22
(Sharecast News) - Bridgepoint reported "strong" full-year underlying profit growth, alongside a record amount of capital returned to clients.
Thu 13 Mar 2025 08:21
(Sharecast News) - Financial markets' focus on Friday will be on the US Senate and whether or not Republicans were able to muster the eight votes from the other side of the aisle needed to avoid a government shutdown the next day.
Thu 13 Mar 2025 08:10
(Sharecast News) - IG Group posted a rise in third-quarter revenues on Thursday as it benefited from stronger market conditions and an increase in active clients.
Thu 13 Mar 2025 08:03
(Sharecast News) - Animal genetics business Genus revealed on Thursday that it had appointed Andy Russell to the role of chief financial officer.
Thu 13 Mar 2025 08:01
(Sharecast News) - Real estate agency Savills posted a large jump in annual earnings and said transaction volumes this year would be lifted by companies ordering staff to spend more time in the office.
Thu 13 Mar 2025 07:59
(Sharecast News) - Deliveroo hailed its first ever year of profit and positive free cash flow on Thursday as it expanded its grocery and retail offering, but the shares tumbled as it highlighted an "uncertain" consumer environment.
Thu 13 Mar 2025 07:27
(Sharecast News) - Online ticketing platform Trainline said fiscal year sales hit a record of almost £6bn and announced a new £75m share buyback.
Thu 13 Mar 2025 07:21
(Sharecast News) - RBC Capital Markets upgraded Hochschild but downgraded Fresnillo on Thursday as it took a look at European miners, revising its commodity price assumptions.
Thu 13 Mar 2025 07:05
(Sharecast News) - Bulmers cider maker C&C Group said underlying operating profits would be "modestly below" target amid weaker consumer confidence and the impact of higher wages and employer taxes introduced in the Budget.
Thu 13 Mar 2025 06:51
(Sharecast News) - Halma hailed the "good progress" made during the second half of its financial year-to-date.
Wed 12 Mar 2025 13:33
(Sharecast News) - Barclays has downgraded Europe's flag carriers, including the owner of British Airways, on the back of potential weakness in the US market.
Wed 12 Mar 2025 13:22
(Sharecast News) - Montana-focused helium development company Helix Exploration said it has acquired an additional well at the Rudyard Field as it continues to target first helium production this summer.
Wed 12 Mar 2025 11:46
(Sharecast News) - Shares in Kingswood Holdings tumbled on Wednesday after a heavily discounted takeover proposal from its majority shareholder, with the financial advice firm now out of options before it runs out of cash by the end of the month.
Wed 12 Mar 2025 11:32
(Sharecast News) - Investor focus on Thursday will be on the release of the latest wholesale inflation data in the States.
Wed 12 Mar 2025 11:28
(Sharecast News) - Analysts at Berenberg slashed their target price on promotional merchandise outfit 4imprint from 7,365.0p to 6,775.0p on Wednesday following the group's FY24 results.
Wed 12 Mar 2025 10:27
(Sharecast News) - Rosebank Industries slumped on Wednesday after the investment firm said it was abandoning its pursuit of US wire harness maker Electrical Components International "in light of the recent market volatility".
Wed 12 Mar 2025 10:18
(Sharecast News) - Property investor Sirius Real Estate said on Wednesday that it has exchanged contracts to acquire a Southampton business park for £40.5m.
Wed 12 Mar 2025 10:07
(Sharecast News) - Zealand Pharma shares surged on Wednesday as it announced a collaboration with Roche on the sale of rights to an obesity therapy in a deal worth up to $5.3bn.
Wed 12 Mar 2025 09:42
(Sharecast News) - Trustpilot rallied on Wednesday as JPMorgan Cazenove placed the shares on "positive catalyst watch" into results and said that underperformance year-to-date presents a buying opportunity.
Wed 12 Mar 2025 09:33
(Sharecast News) - Supplements business Applied Nutrition announced on Wednesday that it has launched a new "key strategic partnership" with Holland and Barrett and agreed to three new "material listings" within the US.
Wed 12 Mar 2025 09:14
(Sharecast News) - Shares in precious metals miner Hochschild surged in early trading after revealing it had returned to pre-tax profit in FY24.
Wed 12 Mar 2025 08:50
(Sharecast News) - Porsche on Wednesday slashed its 2025 outlook, citing ongoing problems in China and falling electric vehicle demand globally.
Wed 12 Mar 2025 08:06
(Sharecast News) - Building products manufacturer Forterra said on Wednesday that pre-tax profits had grown in FY24 despite ongoing "challenging market conditions".
Wed 12 Mar 2025 08:05
(Sharecast News) - Low-cost gym operator The Gym Group reported a double-digit increase in revenues and profits for 2024, bolstered by membership increases and price hikes, as it guided to 2025 earnings at the top end of analysts' forecasts.
Wed 12 Mar 2025 08:03
(Sharecast News) - 4imprint tumbled on Wednesday as it reported a rise in full-year profit and revenue but struck a cautious note on the outlook, warning about the potential impact of US tariffs.
Wed 12 Mar 2025 07:45
(Sharecast News) - Construction and infrastructure products firm Hill & Smith hiked its annual dividend by 14% after seeing underlying profits rise by almost a fifth in 2024.
Wed 12 Mar 2025 07:18
(Sharecast News) - Financial services group Legal & General has announced plans to buy back £500m of shares this year after a strong financial performance in 2024, as part of plans to return more than £5bn to shareholders within three years.
Wed 12 Mar 2025 07:05
(Sharecast News) - Infrastructure construction specialist Balfour Beatty posted an 11% rise in underlying annual earnings and said it would buy back £125m in shares this year.
Tue 11 Mar 2025 15:41
(Sharecast News) - The market spotlight in the middle of the week will be on the US Consumer Price Index for the month of February.
Tue 11 Mar 2025 14:03
(Sharecast News) - Belgian insurer Ageas has reportedly retained advisors to explore a bid for British motor and home insurer Esure, as part of plans to consolidate the UK personal lines market.
Tue 11 Mar 2025 13:57
(Sharecast News) - Nissan chief executive Makoto Uchida will step down from his position on April 1 and replaced by chief planning officer Ivan Espinosa, the company said on Tuesday.
Tue 11 Mar 2025 12:59
(Sharecast News) - Analysts at Canaccord Genuity slashed their target price on mining services firm Capital from 130.0p to 60.0p on Tuesday and dropped the stock from 'buy' to 'hold' following disappointing FY25 revenue guidance.
Tue 11 Mar 2025 10:59
(Sharecast News) - Citi has renewed its coverage of Anglo American with a 'neutral' rating, saying that the mining giant's portfolio restructuring is progressing well but appears priced into the stock.
Tue 11 Mar 2025 10:31
(Sharecast News) - Broker TP ICAP said on Tuesday that it is mulling a New York listing for its data business, with the debut potentially happening as early as the second quarter.
Tue 11 Mar 2025 09:56
(Sharecast News) - Soft drinks group Nichols said on Tuesday that both operating and pre-tax profits had fallen in FY24 despite reporting a modest uptick in group revenues.
Tue 11 Mar 2025 09:38
(Sharecast News) - Construction engineering firm Costain surged on Tuesday as it reported full-year profit at the upper end of expectations, doubled its dividend and hailed record growth in its forward work position.
Tue 11 Mar 2025 09:22
(Sharecast News) - IP Group portfolio company Hinge Health has filed with the US market regulator to go public on the New York Stock Exchange.
Tue 11 Mar 2025 09:21
(Sharecast News) - Automotive fluid storage business TI Fluid Systems said on Tuesday that statutory operating profits had sunk in FY24 due to higher restructuring costs and a non-cash write-down of intangible assets.
Tue 11 Mar 2025 09:15
(Sharecast News) - Care REIT surged on Tuesday after agreeing to be bought by US care home provider CareTrust REIT in a £448m deal.
Tue 11 Mar 2025 09:00
(Sharecast News) - Ukraine-focused iron ore pellet producer Ferrexpo has delayed the release of its annual results due to ongoing events in Ukraine as well as the legal discussions surrounding its mining unit.
Tue 11 Mar 2025 08:17
(Sharecast News) - Infrastructure services firm Kier Group posted a rise in first-half profit and revenue on Tuesday and lifted its dividend as it hailed a record order book.
Tue 11 Mar 2025 08:05
(Sharecast News) - Industrial flow control equipment manufacturer Rotork said on Tuesday that it had delivered "another year of strong sales growth and margin progress", leading it to launch a new £50.0m share buyback.
Tue 11 Mar 2025 07:58
(Sharecast News) - Volkswagen posted a fall in annual earnings on Tuesday and said it faced challenges this year from US tariffs and geopolitical tensions.
Tue 11 Mar 2025 07:54
(Sharecast News) - Grocery real estate investor Supermarket Income REIT delivered a "resilient" financial performance in its first half, with a double-digit increase in rental income, and said property valuations have troughed.
Tue 11 Mar 2025 07:44
(Sharecast News) - The financial regulator is considering introducing an industry-wide redress scheme for customers left out of pocket by historic car finance mis-selling, it confirmed on Tuesday
Tue 11 Mar 2025 07:33
(Sharecast News) - Domino's Pizza delivered a 3.8% rise in underlying core earnings as customers tucked into special offers in store and online.
Tue 11 Mar 2025 07:33
(Sharecast News) - Building products group Genuit saw a return to underlying growth in the second half as market conditions stabilised, and said it expects to offset impending wage bill increases through operational improvements this year.
Tue 11 Mar 2025 07:25
(Sharecast News) - Synthomer sounded a positive note on the outlook, despite having swung to negative free cash flow on a full-year basis.
Tue 11 Mar 2025 07:20
(Sharecast News) - Heathrow revealed on Tuesday that passenger numbers hit 5.7m in 2025, driven by demand for winter sun destinations.
Tue 11 Mar 2025 07:15
(Sharecast News) - Spirax Group managed to grow organic revenues across the board in 2024 despite industrial production growth being weaker than expected in the second half.
Tue 11 Mar 2025 07:03
(Sharecast News) - Persimmon has lifted its annual house building target in line with a large jump in its forward order book as changes to planning regulations provide "positive tailwinds".
Mon 10 Mar 2025 15:59
(Sharecast News) - Travis Perkins said on Monday that chief executive Pete Redfern was stepping down with immediate effect due to ill health.
Mon 10 Mar 2025 14:08
(Sharecast News) - Lloyd's of London has pencilled in a $2.3bn (£1.8bn) net loss to the insurance market from the Californian wildfires but says it is still too early to give an accurate prediction.
Mon 10 Mar 2025 12:20
(Sharecast News) - Analysts at Berenberg reinstated coverage on internet services business Team Internet at 'buy' on Monday, albeit at a reduced target price.
Mon 10 Mar 2025 12:06
(Sharecast News) - RBC Capital Markets has hiked its target price for Admiral following the insurer's 2024 results released last week, saying the company showed "no signs of slowing down".
Mon 10 Mar 2025 09:45
(Sharecast News) - Speciality drugmaker Alliance Pharma has agreed to be taken private in a deal valued at more than £360.0m.
Mon 10 Mar 2025 09:36
(Sharecast News) - Analysts at Citi upgraded shares of Pennon, telling clients that markets had become unduly pessimistic.
Mon 10 Mar 2025 09:22
(Sharecast News) - Mining giant BHP has taken a stake in Australian outfit Cobre's Kitlanya projects in Botswana in exchange for as much as USD $25.0m in funding for the exploration of copper-silver deposits.
Mon 10 Mar 2025 09:09
(Sharecast News) - Bain Capital and WPP were said to be exploring a sale of market research outfit Kantar's Worldpanel unit for more than £5.0bn.
Mon 10 Mar 2025 08:18
(Sharecast News) - Tuesday will bring with it two of the week's main risk events, a summit between Kyiv and Washington in Saudi Arabia and a vote in the US congress aimed at averting a looming government shutdown.
Mon 10 Mar 2025 08:00
(Sharecast News) - Luxury watch retailer Watches of Switzerland announced on Monday that it will launch a £25.0m share buyback programme.
Mon 10 Mar 2025 07:35
(Sharecast News) - GlobalData continued growing its top and bottom lines in a year marked by the acceleration of its growth plans.
Mon 10 Mar 2025 07:30
(Sharecast News) - Deliveroo said on Monday that it has decided to exit its Hong Kong operations through a sale of certain assets to Foodpanda and the closure of other assets.
Mon 10 Mar 2025 07:04
(Sharecast News) - Great Portland Estates on Monday said it had secured its largest fully managed deal to date, letting more than 11,500 sq ft of office space to FTSE 100 retailer Next in central London on a five-year term. No financial details were disclosed.
Mon 10 Mar 2025 07:03
(Sharecast News) - Shares in shipping broker Clarkson slumped 20% on Monday as US trade tariffs, political tensions and economic weakness resulted in lower freight rates and asset values, hitting spot business.
Mon 10 Mar 2025 07:02
(Sharecast News) - Assura said on Monday that it was "minded to recommend" an improved, £1.61bn cash takeover proposal from investment firms KKR and Stonepeak.
Fri 07 Mar 2025 17:00
(Sharecast News) - Hunting said on Friday that it has bought Organic Oil Recovery (OOR) technology from its founding shareholders for $17.5m.
Fri 07 Mar 2025 15:17
(Sharecast News) - The share price of Jersey Oil and Gas dropped on Friday after the AIM-listed upstream producer announced that partner Dana Petroleum has terminated a planned purchasing of a floating, production, storage and offloading (FSPO) vessel for the Buchan Horst oil field.
Fri 07 Mar 2025 15:16
(Sharecast News) - Windows, doors and roofing group Eurocell has purchased residential construction products firm Alunet for £29m.
Fri 07 Mar 2025 13:37
(Sharecast News) - Citi lifted its price target on Dowlais on Friday to 72p from 58p following the company's full-year results earlier in the week.
Fri 07 Mar 2025 13:13
(Sharecast News) - Housebuilder Barratt Redrow has announced that its chief operating officer and deputy CEO, Steven Boyes, is planning on retiring later this year - after nearly five decades of service.
Fri 07 Mar 2025 12:28
(Sharecast News) - Analysts at Berenberg raised their target price on consumer goods giant Reckitt Group from 5,177.0p to 5,920.0p on Friday but warned of "risks on all sides" as 2025 unfolds.
Fri 07 Mar 2025 11:34
(Sharecast News) - Barclays is reportedly closing in on a £650m deal to offload control of its UK payments business to the Canadian investment giant Brookfield Asset Management after months of negotiations.
Fri 07 Mar 2025 09:36
(Sharecast News) - Tobacco giant British American Tobacco revealed on Friday that its Canadian subsidiary has obtained protection under the Canadian Companies' Creditors Arrangement Act.
Fri 07 Mar 2025 09:26
(Sharecast News) - Berenberg upgraded precious metals miner Fresnillo on Friday to 'buy' from 'hold' and lifted the price target 1,020p form 840p following full-year results earlier in the week.
Fri 07 Mar 2025 08:03
(Sharecast News) - JPMorgan Cazenove downgraded Premier Inn owner Whitbread on Friday to 'neutral' from 'overweight' and slashed the price target to 3,000p from 4,400p as it took a look at European hotel stocks.
Fri 07 Mar 2025 07:13
(Sharecast News) - Walgreens Boots Alliance has agreed to be bought by private equity firm Sycamore Partners in a $10bn deal.
Fri 07 Mar 2025 07:10
(Sharecast News) - Just Group shares snapped violently lower at the end of the week, after the financial services group reported full-year profits that fell short of analysts' estimates by a wide margin.
Fri 07 Mar 2025 07:03
(Sharecast News) - AstraZeneca said its Imfinzi drug when used with chemotherapy had shown "statistically significant and clinically meaningful improvement" in survival in resectable early-stage gastric and gastroesophageal cancers before surgery.
Thu 06 Mar 2025 13:57
(Sharecast News) - Rolls-Royce chief executive officer Tufan Erginbilgic saw his pay package drop by nearly £10m in 2024, it emerged on Thursday, despite leading the company through a dramatic financial turnaround.
Thu 06 Mar 2025 12:39
(Sharecast News) - Poundland owner Pepco Group is considering a sale of the UK discount retailer as it struggled with a weak economic environment and recent government budget measures.
Thu 06 Mar 2025 12:36
(Sharecast News) - All eyes at the end of the week will be on the US non-farm payrolls report for the month of February.
Thu 06 Mar 2025 12:34
(Sharecast News) - Hunting saw its full-year profits jump by half, saw its free cash flow swing sharply back into the black and opened the door to potential acquisitions.
Thu 06 Mar 2025 12:32
(Sharecast News) - Kenmare Resources surged on Thursday as it confirmed it had rejected a 530p a share takeover proposal from a consortium led by Oryx Global Partners and former managing director and founder Michael Carvill.
Thu 06 Mar 2025 12:20
(Sharecast News) - Barclays expects to pay out up to £7.5m in compensation, it emerged on Thursday, after an IT outage left customers without access to online banking for three days.
Thu 06 Mar 2025 12:20
(Sharecast News) - US retailer Macy's posted better-than-expected quarterly earnings on Thursday but issued downbeat sales and profit guidance for FY25.
Thu 06 Mar 2025 10:43
(Sharecast News) - Vesuvius adopted a cautious stance on Thursday, after it warned that the introduction of tariffs on an already under-pressure global steel market could curb profits.
Thu 06 Mar 2025 10:40
(Sharecast News) - Lancashire Holdings reported a profit after tax of $321.3m in its 2024 final results on Thursday, and a 23.4% increase in diluted book value per share.
Thu 06 Mar 2025 10:34
(Sharecast News) - Television network ITV said on Thursday that it had made record profits in FY24 despite seeing a modest decline in revenues throughout the year.
Thu 06 Mar 2025 10:19
(Sharecast News) - Grafton Group reported an adjusted operating profit that slightly exceeded analysts' expectations on Thursday, despite a decline from the prior year.#
Thu 06 Mar 2025 09:23
(Sharecast News) - Asset manager Schroders detailed its new three-year strategy alongside its FY24 earnings on Thursday as it stated it would now look to draw in new business and curtail rising costs.
Thu 06 Mar 2025 09:21
(Sharecast News) - Recruiter Robert Walters posted a sharp drop in full-year profits on Thursday as it cited "tough" market conditions and subdued client and candidate confidence levels.
Thu 06 Mar 2025 09:17
(Sharecast News) - Industrial thread and shoe component maker Coats on Thursday upgraded medium-term targets as it reported a jump in annual earnings, driven by its apparel and footwear divisions.
Thu 06 Mar 2025 08:46
(Sharecast News) - Spire Healthcare reported an 11.2% rise in full-year revenue in its final results on Thursday, to £1.51bn, as adjusted EBITDA increased 11.1% to £260m, although it warned of looming headwinds from upcoming increases to wages and National Insurance.
Thu 06 Mar 2025 08:24
(Sharecast News) - Elementis reported a 3% rise in revenue in its preliminary results on Thursday, to $738m, supported by volume growth and self-help initiatives.
Thu 06 Mar 2025 08:20
(Sharecast News) - Jefferies upgraded Aberdeen on Thursday to 'buy' from 'hold' and lifted the price target to 215p from 140p following the company's full-year results earlier in the week.
Thu 06 Mar 2025 08:12
(Sharecast News) - GKN owner Melrose Industries reported a strong 2024 financial performance on Thursday, with revenue rising 11% to £3.47bn and adjusted operating profit increasing 38% to £566m.
Thu 06 Mar 2025 08:04
(Sharecast News) - Rentokil Initial reported a drop in full-year profit on Thursday, citing a "challenging" year and a weaker performance in North America.
Thu 06 Mar 2025 08:03
(Sharecast News) - Harbour Energy posted a spike in annual revenues and production on Thursday, boosted by the $11.2bn acquisition Wintershall Dea's oil and gas assets.
Thu 06 Mar 2025 08:01
(Sharecast News) - Food packaging business Hilton Food Group revealed on Thursday that it has entered into a new joint venture with Saudi Arabia's National Agricultural Development Company, expanding its global reach into the Middle East.
Thu 06 Mar 2025 07:55
(Sharecast News) - Informa reported a solid set of financial results for 2024 on Thursday, delivering double-digit revenue and profit growth alongside record free cash flow.
Thu 06 Mar 2025 07:38
(Sharecast News) - Admiral hiked its dividend on Thursday as the insurer posted a surge in full-year profit, attributing much of the strength to its UK motor business.
Thu 06 Mar 2025 07:28
(Sharecast News) - Commercial lender Funding Circle said on Thursday that "heightened demand" for loans in FY24 had resulted in increased sales.
Thu 06 Mar 2025 07:28
(Sharecast News) - Consumer goods maker Reckitt unveiled plans for a reorganisation of its divisions and said it was looking at opportunities for Mead Johnson Nutrition after a mixed 2024 as fourth-quarter sales missed estimates.
Thu 06 Mar 2025 07:09
(Sharecast News) - Endeavour Mining reported a strong 2024 on Thursday, delivering record free cash flow and increasing reserves while improving its leverage ratio.
Thu 06 Mar 2025 07:03
(Sharecast News) - Annual profits at recruiting firm PageGroup slumped in 2024 as economic uncertainty continued to hit client and candidate confidence.
Wed 05 Mar 2025 16:50
(Sharecast News) - Analysts at Berenberg lowered their target price on Impax Asset Management from 470.0p to 440.0p on Wednesday following the group's trading update earlier in the morning.
Wed 05 Mar 2025 14:51
(Sharecast News) - The Competition and Markets Authority said on Wednesday that the Co-op has admitted to 107 breaches of an order put in place to stop the blocking of rivals from opening nearby stores.
Wed 05 Mar 2025 14:09
(Sharecast News) - Shares in Abercrombie & Fitch tumbled on Wednesday as the clothing retailer's guidance disappointed.
Wed 05 Mar 2025 13:55
(Sharecast News) - Investors' focus on Thursday will be on the European Central Bank and what it has to say about interest rates going forwards.
Wed 05 Mar 2025 13:10
(Sharecast News) - Marks & Spencer announced on Wednesday that it is making its biggest-ever investment in pay for retail staff to lift minimum wages to at least the Real Living Wage.
Wed 05 Mar 2025 12:14
(Sharecast News) - Estate agency Foxtons Group said on Wednesday that pre-tax profits had more than doubled in FY24, driven by significant market share gains in sales and strong returns from lettings acquisitions.
Wed 05 Mar 2025 10:36
(Sharecast News) - Moonpig surged on Wednesday as RBC Capital Markets initiated coverage of the stock with an 'outperform' rating and 310p price target.
Wed 05 Mar 2025 10:19
(Sharecast News) - Dowlais reported a drop in full-year profit and revenue on Wednesday, citing significant headwinds faced by its ePowertrain product line.
Wed 05 Mar 2025 10:05
(Sharecast News) - Shares in Ibstock sparked on Wednesday, after the construction materials group forecast improved trading on the back of a strengthening housebuilding sector.
Wed 05 Mar 2025 09:38
(Sharecast News) - CAB Payments said on Wednesday that James Hopkinson has been appointed to the role of chief financial officer.
Wed 05 Mar 2025 09:22
(Sharecast News) - Breedon surged on Wednesday as it hailed record underlying full-year results and announced the acquisition of US construction materials and surfacing solutions business Lionmark for $238m (£187m) - a deal which is expected to more than double its US revenue.
Wed 05 Mar 2025 09:13
(Sharecast News) - Flutter Entertainment said the current year had started on the front foot on Wednesday, despite a slew of customer-friendly sports results, putting it on track to boost both revenues and earnings.
Wed 05 Mar 2025 08:38
(Sharecast News) - Shares in Capita jumped on Wednesday after the outsourcing group swung to a profit and guided to steady revenues in 2025 following a double-digit decline last year.
Wed 05 Mar 2025 08:20
(Sharecast News) - Building products group SIG swung to an underlying loss in 2024 as a result of ongoing challenging market conditions and pointed to continued "softness" in 2025.
Wed 05 Mar 2025 08:16
(Sharecast News) - Banknote printer De La Rue said on Wednesday that 2026 growth in the currency division is expected to be "significantly higher" than previous guidance as order intake remains strong.
Wed 05 Mar 2025 07:46
(Sharecast News) - Infrastructure group Balfour Beatty has announced that its chief executive of 10 years Leo Quinn is to step down later this year.
Wed 05 Mar 2025 07:42
(Sharecast News) - Severn Trent guided towards a net operational outperformance for over the back half of the decade.
Wed 05 Mar 2025 07:30
(Sharecast News) - Wealth management outfit Quilter has lifted its full-year dividend by 13% after a strong end to 2024, as the company reported double-digit profit growth and a big increase in assets under management and administration (AuMA).
Wed 05 Mar 2025 07:25
(Sharecast News) - Ferrexpo said a Ukrainian district court had granted a request from prosecutors to transfer 49.5% of its mining unit to the state ownership in relation to an embezzlement case.
Wed 05 Mar 2025 07:23
(Sharecast News) - Old Mutual shares were trading lower on Wednesday after the Africa-focused financial services firm gave a wide guidance range for its 2024 results, pointing to annual profit growth of anywhere between 4% and 24%.
Wed 05 Mar 2025 07:04
(Sharecast News) - Shares in Games Workshop surged on Wednesday after the Warhammer maker lifted guidance for the full year.
Tue 04 Mar 2025 14:58
(Sharecast News) - Analysts at Berenberg raised their target price on Rightmove from 775.0p to 795.0p on Tuesday following the group's FY24 results last week.
Tue 04 Mar 2025 13:32
(Sharecast News) - XP Power warned on Tuesday that US trade restrictions were likely to weigh heavily on trading, prompting it to raise fresh funds.
Tue 04 Mar 2025 11:56
(Sharecast News) - Retailer Best Buy traded lower in pre-market after its warning that continued pressure on consumers was expected to hurt sales saw investors ignore Q4 revenues that came in ahead of expectations.
Tue 04 Mar 2025 10:50
(Sharecast News) - English wine producer Chapel Down has announced the appointment of the former Typhoo Tea and Fevertree Drinks finance leader as its new chief financial officer.
Tue 04 Mar 2025 09:41
(Sharecast News) - Publishing firm Reach published FY earnings that came in slightly ahead of expectations on Tuesday but warned of an "uncertain macro environment and dynamic media backdrop".
Tue 04 Mar 2025 09:32
(Sharecast News) - Indivior has further overhauled its board, including reducing its size, following pressure from activist investor Oaktree Capital Management.
Tue 04 Mar 2025 09:04
(Sharecast News) - Direct Line said on Tuesday that it swung to a full-year ongoing operating profit as the motor segment returned to profitability.
Tue 04 Mar 2025 08:53
(Sharecast News) - The share price of Keller surged on Tuesday after the geotechnical engineering company reported a big increase in underlying annual profits that beat market expectations and a share buyback programme, bolstered by a record year-end order book.
Tue 04 Mar 2025 08:47
(Sharecast News) - IWG moved back into the black in 2024 and unveiled a new share buyback programme.
Tue 04 Mar 2025 08:19
(Sharecast News) - Shares in Beazley dipped on Tuesday despite the insurer announcing a $500m share buyback programme and a massive dividend increase alongside its 2024 results, as the company guided to $80m of losses related to the Californian wildfires.
Tue 04 Mar 2025 08:04
(Sharecast News) - Shell's head of integrated gas and upstream is to leave the company, it was confirmed on Tuesday, following a shake-up of the oil major's executive committee.
Tue 04 Mar 2025 08:03
(Sharecast News) - Low-cost carrier Wizz Air said on Tuesday that both passenger numbers and seat capacity had improved in February.
Tue 04 Mar 2025 07:40
(Sharecast News) - Asset manager Abrdn said on Tuesday that it was putting the missing vowels back into its name after a widely-mocked rebrand four years ago, as it reported a swing into the black.
Tue 04 Mar 2025 07:21
(Sharecast News) - Fresnillo posted a jump in in full-year sales and a surge in operating profits, paving the way for the precious metals miner to unveil a special dividend.
Tue 04 Mar 2025 07:18
(Sharecast News) - Johnson Service Group said it was considering moving to London Stock Exchange's main market on Tuesday, as it posted a jump in full-year earnings.
Tue 04 Mar 2025 07:14
(Sharecast News) - Equipment rental firm Ashtead said it expects full-year results to rise in line with previous guidance, after a record performance over the first nine months of the year.
Tue 04 Mar 2025 07:03
(Sharecast News) - Shares in Greggs slumped on Tuesday as sales slowed again at the start of the new financial year, with the bakery chain citing "challenging" weather conditions in January.
Mon 03 Mar 2025 16:40
(Sharecast News) - Investors' focus on Tuesday will be squarely on the geopolitical space, as Washington's new trade tariffs against Canada and Mexico kick in.
Mon 03 Mar 2025 15:12
(Sharecast News) - US supermarket chain Kroger said on Monday that chairman and chief executive Rodney McMullen has resigned after a board investigation found that his personal conduct was "inconsistent" with the company's "policy on business ethics".
Mon 03 Mar 2025 12:04
(Sharecast News) - JPMorgan has hiked target prices across the listed European defence sector by an average 25% on the back of an anticipated "rearmament cycle" across the continent.
Mon 03 Mar 2025 10:40
(Sharecast News) - Deutsche Bank upgraded Diageo on Monday to 'hold' from 'sell' as it said that its unchanged price target of 2,020p now suggests just 6.6% downside.
Mon 03 Mar 2025 10:11
(Sharecast News) - Foams manufacturer Zotefoams revealed on Monday that chief financial officer Gary McGrath will retire from the group in 2025.
Mon 03 Mar 2025 09:59
(Sharecast News) - Equipment rental services business HSS Hire Group warned on Monday that annual revenue and earnings had fallen as it focussed on cost-cutting efforts amid a "challenging market backdrop".
Mon 03 Mar 2025 09:47
(Sharecast News) - Defence products manufacturer Avon Technologies said on Monday that its Team Wendy Ceradyne unit had received another delivery order from the US Army.
Mon 03 Mar 2025 09:41
(Sharecast News) - HICL Infrastructure announced a significant expansion of its share buyback programme on Monday, increasing it by £100m to run until the end of 2025.
Mon 03 Mar 2025 09:27
(Sharecast News) - Pharmaceutical giant GSK said on Monday that the US Food and Drug Administration has agreed to review its Biologics License Application for the use of its depemokimab asset in two indications.
Mon 03 Mar 2025 09:17
(Sharecast News) - Energean has signed a 10-year, senior-secured term loan with Bank Leumi for $750m.
Mon 03 Mar 2025 09:12
(Sharecast News) - Structural streel group Severfield tanked on Monday as it warned on profits, citing project cancellations and delays, and announced the cancellation of a share buyback.
Mon 03 Mar 2025 08:47
(Sharecast News) - Jefferies downgraded Howden Joinery on Monday to 'hold' from 'buy' and slashed the price target to 854p from 1,020p as it said there are limited factors to distract from demand jitters.
Mon 03 Mar 2025 08:39
(Sharecast News) - LondonMetric Property said in an update on Monday that it has secured £13.2m in additional annual rental income this financial year through 122 lettings, regears, and rent reviews, including £5.5m since 30 September.
Mon 03 Mar 2025 08:27
(Sharecast News) - Senior on Monday said it was in advanced talks with a small number of parties on the sale of its aerostructures business as it also announced a rise in annual earnings.
Mon 03 Mar 2025 08:22
(Sharecast News) - Supermarket giant Sainsbury's announced on Monday that it has sold its Argos Financial Services card portfolio to NewDay Group.
Mon 03 Mar 2025 08:16
(Sharecast News) - Diversified healthcare REIT Assura said it had sold seven assets for £64m.
Mon 03 Mar 2025 08:02
(Sharecast News) - Energy giant Shell is reportedly mulling a sale of its chemicals assets in Europe and the US.
Mon 03 Mar 2025 07:37
(Sharecast News) - Shares in distribution giant Bunzl slumped on Monday as investors were unimpressed with a weaker performance in the US which held back sales.
Mon 03 Mar 2025 07:26
(Sharecast News) - AstraZeneca announced on Monday that Imfinzi, or durvalumab, has been recommended for approval in the European Union for adults with resectable non-small cell lung cancer (NSCLC) at high risk of recurrence and without EGFR mutations or ALK rearrangements.
Mon 03 Mar 2025 07:05
(Sharecast News) - US-based Viavi Solutions has signed a deal to buy Spirent Communications' high speed ethernet and network security business from Keysight Technologies for $410m and an additional $15m to be paid at closing.
Fri 28 Feb 2025 11:20
(Sharecast News) - Analysts at Berenberg lowered their target price on gold producer Endeavour Mining from 2,300.0p to 2,100.0p on Friday as it called 2025 the group's "Jerry Maguire moment".
Fri 28 Feb 2025 10:51
(Sharecast News) - Millions of UK bank customers were reportedly facing issues receiving their wages on Friday, as Nationwide, First Direct, Lloyds, and Halifax experienced online banking issues.
Fri 28 Feb 2025 09:44
(Sharecast News) - Montefiore Investment has sold 26.5 million shares in Me Group International, it was confirmed on Friday, representing 7% of the company's issued share capital, through an accelerated bookbuild.
Fri 28 Feb 2025 09:19
(Sharecast News) - Shares in Morgan Advanced Materials were in a serious slide on Friday morning, after it reported a modest decline in revenue for 2024, with organic growth offset by weaker demand in the second half, as it flagged further likely revenue declines in 2025.
Fri 28 Feb 2025 08:59
(Sharecast News) - Real estate investment trust Primary Health Properties said on Friday that net rental income and adjusted earnings had both grown in FY24.
Fri 28 Feb 2025 08:47
(Sharecast News) - Spectris reported a decline in full-year revenue and operating profit for 2024 on Friday, as weaker demand across multiple end markets weighed on performance.
Fri 28 Feb 2025 08:46
(Sharecast News) - Engineering firm IMI delivered record profits in FY24, thanks to "good organic growth" and "strong cash generation".
Fri 28 Feb 2025 08:02
(Sharecast News) - Holiday and insurance group Saga said on Friday that it had successfully secured new credit facilities to refinance its corporate debt in full.
Fri 28 Feb 2025 07:56
(Sharecast News) - Asset manager Abrdn said on Friday that it has appointed Siobhan Boylan - the current chief financial officer of NatWest's private banking arm Coutts & Co - as its new CFO.
Fri 28 Feb 2025 07:42
(Sharecast News) - Education publisher Pearson on Friday said annual profit rose 10% driven by growth in its English language learning operations and unveiled a £350m share buyback as it reiterated guidance for 2025.
Fri 28 Feb 2025 07:22
(Sharecast News) - Weir Group reported a resilient 2024 in its final results on Friday, with strong aftermarket demand and improving margins, as it announced the strategic acquisition of mining software provider Micromine.
Fri 28 Feb 2025 07:20
(Sharecast News) - Property portal Rightmove reported a rise in full-year revenue and operating profit on Friday and lifted its dividend as it said housing market activity gradually improved throughout the year.
Fri 28 Feb 2025 07:03
(Sharecast News) - British Airways owner IAG on Friday reported a better-than-expected jump in annual profits after doubling earnings in the final quarter, driven by "robust" leisure travel and said it planned to return a further €1bn to shareholders.
Thu 27 Feb 2025 15:44
(Sharecast News) - The market spotlight at the end of the week will be on the inflation picture on either side of the Atlantic.
Thu 27 Feb 2025 14:53
(Sharecast News) - Land Securities reaffirmed its strategic focus on income and earnings per share growth in an update on Thursday afternoon, outlining plans to rebalance its portfolio towards higher-yielding assets while reducing exposure to office developments.
Thu 27 Feb 2025 13:07
(Sharecast News) - Mike Ashley's Frasers Group has announced a strategic retail partnership with global retailer GMG to facilitate its expansion of Sports Direct in the Gulf and Egypt.
Thu 27 Feb 2025 12:08
(Sharecast News) - Analysts at Berenberg initiated coverage on iconic bootmaker Dr Martens on Thursday with a 'buy' rating and 102.0p price target, noting that the business had both "global appeal and clear growth potential".
Thu 27 Feb 2025 11:22
(Sharecast News) - BBGI Global Infrastructure declared a second interim dividend of 4.2p per share on Thursday, for the period from 1 July to 31 December, in line with its target annual dividend of 8.40p per share.
Thu 27 Feb 2025 11:05
(Sharecast News) - Ireland-based housebuilder Cairn Homes posted a rise in full-year profit and revenue on Thursday "amid continuing favourable market conditions".
Thu 27 Feb 2025 10:27
(Sharecast News) - Retail and commercial bank Metro Bank said on Thursday that it had returned to profit in H2 as it continued its pivot towards higher margin business.
Thu 27 Feb 2025 10:09
(Sharecast News) - The UK government is poised to approve a second runway at Gatwick, it was confirmed on Thursday, just weeks after the chancellor back a similar expansion at Heathrow.
Thu 27 Feb 2025 10:06
(Sharecast News) - Greencoat UK Wind reported strong cash generation and strategic capital allocation in its full-year results on Thursday, despite a decline in net asset value and total shareholder return.
Thu 27 Feb 2025 09:49
(Sharecast News) - Refractory products supplier RHI Magnesita said on Thursday that both revenue and earnings had slipped in FY24 amid "very weak market conditions".
Thu 27 Feb 2025 09:33
(Sharecast News) - Outsourcer Serco posted a dip in full-year revenue on Thursday, in line with its guidance, and a 10% jump in underlying operating profit.
Thu 27 Feb 2025 09:29
(Sharecast News) - Shaftesbury Capital posted a jump in its portfolio valuation on Thursday, despite the weaker macroeconomic backdrop, as its properties in London's West End continued to perform well.
Thu 27 Feb 2025 09:13
(Sharecast News) - Genus reported a big drop in full-year profits as a result of write-downs.
Thu 27 Feb 2025 09:10
(Sharecast News) - Property investor Derwent London said on Thursday that it had delivered "another strong leasing performance" in FY24, with rental growth driving total returns.
Thu 27 Feb 2025 08:37
(Sharecast News) - Indivior announced the appointment of Joe Ciaffoni as its next chief executive officer on Thursday, subject to shareholder approval of a new remuneration policy at its annual general meeting in May.
Thu 27 Feb 2025 08:35
(Sharecast News) - Advertising firm WPP posted worse-than-expected revenues on Thursday as weaker discretionary spending amongst its UK, North American and Chinese clients resulted in a disappointing Q4 performance for the company.
Thu 27 Feb 2025 08:28
(Sharecast News) - Wealth manager St James's Place swung to a full year profit in its annual results after a 20% leap in customer inflows after a tough year.
Thu 27 Feb 2025 08:17
(Sharecast News) - Insurer Hiscox reported record full-year profits on Thursday as it hailed "strong returns" from each business segment and announced a $175m share buyback.
Thu 27 Feb 2025 08:13
(Sharecast News) - Irish building materials group CRH forecast another strong performance in 2025, after it posted a jump in full-year earnings.
Thu 27 Feb 2025 08:03
(Sharecast News) - Deutsche Bank upgraded Barratt Redrow on Thursday to 'buy' from 'hold' following the sharp drop in the share price since last August.
Thu 27 Feb 2025 07:59
(Sharecast News) - Investment manager Man Group said on Thursday that assets under management had grown in FY24 on the back of a solid Q4 trading performance.
Thu 27 Feb 2025 07:54
(Sharecast News) - UK energy provider Drax on Thursday posted an increase in annual profit driven by an increase in renewable power generation, but said it would lower investment on infrastructure such as carbon storage until it received more clarity from the government on investment returns.
Thu 27 Feb 2025 07:46
(Sharecast News) - Jupiter Fund Management reported a decline in many key metrics for the full-year, leading management to roughly halve the payout to their shareholders.
Thu 27 Feb 2025 07:41
(Sharecast News) - Wood Group said it had appointed Iain Torrens as interim chief financial officer, replacing Arvind Balan who resigned last week after inaccurate claims about his professional qualifications.
Thu 27 Feb 2025 07:33
(Sharecast News) - Shares in Howden Joinery tumbled on Thursday as it reported broadly stable full-year profits and revenue in a "challenging" market and said it expects the UK kitchen market to contract again this year.
Thu 27 Feb 2025 07:31
(Sharecast News) - Aviva reported a 20% increase in operating profit to £1.77bn in its full-year results on Thursday, supported by continued strategic and operational momentum.
Thu 27 Feb 2025 07:30
(Sharecast News) - Consumer healthcare giant Haleon reiterated its full-year outlook on Thursday, after posting improved full-year sales and profits.
Thu 27 Feb 2025 07:14
(Sharecast News) - Packaging supplier Macfarlane reported a 4% decline in revenue to £270.4m for 2024 on Thursday, but delivered a 3% increase in pre-tax profit to £20.9m, in line with market expectations.
Thu 27 Feb 2025 07:09
(Sharecast News) - The London Stock Exchange posted in line full-year top-line growth, but its profit beat analysts' estimates.
Thu 27 Feb 2025 07:06
(Sharecast News) - Shares in Rolls-Royce surged by a fifth on Thursday after the aerospace and defence company lifted mid-term guidance, reinstated a dividend and unveiled a £1bn share buyback as annual profits jumped, driven by its civil engines unit.
Thu 27 Feb 2025 07:01
(Sharecast News) - Taylor Wimpey posted a fall in annual revenues and profits on Thursday, but said it had seen a "robust" start to the new year as demand picked up.
Wed 26 Feb 2025 13:18
(Sharecast News) - Kepler Cheuvreux upgraded Burberry on Wednesday as it took a look at European luxury stocks.
Wed 26 Feb 2025 13:06
(Sharecast News) - The market continues to overvalue Rightmove, with the shares pricing in another takeover offer from REA Group that's unlikely to materialise, according to Jefferies, which reiterated an 'underperform' stance on the stock.
Wed 26 Feb 2025 11:30
(Sharecast News) - CleanTech Lithium said in an update on Wednesday that it now expected its Australian Securities Exchange (ASX) listing to launch in April and complete in May, later than initially planned.
Wed 26 Feb 2025 11:11
(Sharecast News) - Water Intelligence investors reacted positively to a flurry of news from the company on Wednesday, as it announced a trading update for the 2024 financial year, two acquisitions in the US, and a new partnership to bolster water damage prevention services.
Wed 26 Feb 2025 10:55
(Sharecast News) - Analysts at Canaccord Genuity reiterated their 135.0p target price on airside solutions developer Aurrigo International on Wednesday following the group's "positive" year-end trading update a day earlier.
Wed 26 Feb 2025 10:24
(Sharecast News) - Analysts at Berenberg nudged up their target price on insurer Admiral Group from 3,292.0p to 3,300.0p on Wednesday ahead of the company's FY24 results next week.
Wed 26 Feb 2025 10:23
(Sharecast News) - International Personal Finance reported a strong financial performance for 2024 on Wednesday, with pre-exceptional profit before tax rising to £85.2m, ahead of previous guidance and slightly above the £83.9m recorded in 2023.
Wed 26 Feb 2025 10:08
(Sharecast News) - BP is to slash its investments into low-carbon and alternative fuels and raise its spending in oil and gas as part of fundamental "reset" to its strategy, the energy giant revealed on Wednesday, causing shares to drop into the red.
Wed 26 Feb 2025 10:05
(Sharecast News) - HSBC Holdings has started cutting jobs in London, it was reported on Wednesday, as the blue chip looks to wind down its investment banking offering outside of Asia.
Wed 26 Feb 2025 09:40
(Sharecast News) - Rathbones Group posted a surge in annual profits on Wednesday, the first full year since the wealth manager's merger with Investec Wealth and Investments.
Wed 26 Feb 2025 09:11
(Sharecast News) - Tracsis flagged modest first-half revenue growth on Wednesday, with revenue expected to reach £36.3m, up from £35.5m on a like-for-like basis after adjusting for discontinued operations.
Wed 26 Feb 2025 08:51
(Sharecast News) - Shares in Hikma Pharmaceuticals came under pressure in early trading on Wednesday, despite a jump in annual revenues, after core operating profits and a weaker margin disappointed.
Wed 26 Feb 2025 08:48
(Sharecast News) - Property developer Hammerson said on Wednesday that losses had widened significantly in FY24 as a result of a major impairment of its "value retail" portfolio.
Wed 26 Feb 2025 08:42
(Sharecast News) - ConvaTec shares were rising on Wednesday morning after it reported a strong set of financial results for 2024, with revenue rising 6.9% to $2.29bn, supported by broad-based growth across its chronic care categories.
Wed 26 Feb 2025 08:42
(Sharecast News) - Pets at Home surged on Wednesday after markets blog Betaville suggested the company was at the centre of takeover rumours.
Wed 26 Feb 2025 08:11
(Sharecast News) - Defence technology group Chemring said on Wednesday that its FY25 trading performance looked set to be in line with expectations, with its order book significantly stronger year-to-date.
Wed 26 Feb 2025 08:07
(Sharecast News) - AstraZeneca announced on Wednesday that its drug candidate camizestrant demonstrated a statistically significant and clinically meaningful improvement in progression-free survival in the first-line treatment of hormone receptor-positive, HER2-negative advanced breast cancer with an emergent ESR1 mutation.
Wed 26 Feb 2025 08:04
(Sharecast News) - London's Heathrow airport on Wednesday reported a surge in annual profit, record passenger numbers and declared a dividend for the first time since the Covid-19 pandemic.
Wed 26 Feb 2025 08:01
(Sharecast News) - Construction and regeneration group Morgan Sindall reported a record full-year performance on Wednesday as it hailed a "significant" contribution from the Fit Out division.
Wed 26 Feb 2025 07:43
(Sharecast News) - Shares in Aston Martin Lagonda tanked on Wednesday as the luxury car maker announced plans to axe around 5% of its global workforce in a bid to cut costs, and reported a widening of its losses.
Wed 26 Feb 2025 07:33
(Sharecast News) - Touch sensor tech firm Zytronic, which announced an orderly wind-down of the company last week, has reassured shareholders that they should receive above-market prices for their stakes, according to its estimates.
Wed 26 Feb 2025 07:04
(Sharecast News) - Metro Bank on Wednesday said it had struck a deal to sell a portfolio of around £584m performing unsecured personal loans to an unnamed buyer.
Tue 25 Feb 2025 15:49
(Sharecast News) - Investors' focus will continue to be trained on the US in the middle of the week.
Tue 25 Feb 2025 13:00
(Sharecast News) - Aurrigo International flagged strong growth in its autonomous division in an update on Tuesday, with 2024 revenue rising 433% to £2.9m, up from £0.5m in the prior year.
Tue 25 Feb 2025 12:35
(Sharecast News) - Shares in Ceres Power have plummeted over the past week after Bosch ended a partnership with the firm and intends to sell its stake, though Berenberg said it still sees significant value to the stock despite the "setback".
Tue 25 Feb 2025 10:27
(Sharecast News) - Berenberg initiated coverage of Mortgage Advice Bureau on Tuesday with a 'buy' rating and 1,150p price target.
Tue 25 Feb 2025 10:02
(Sharecast News) - Analysts at Canaccord Genuity lowered their target price on discount retailer B&M from 545.0p to 495.0p on Tuesday following the surprise announcement of chief executive Alex Russo's departure and a further moderation to FY25 guidance.
Tue 25 Feb 2025 09:21
(Sharecast News) - US and UK-focused oil group Union Jack Oil has announced that its part-owned Moccasin 1-13 well in Oklahoma has been declared a commercial discovery after positive testing and permanent production facilities are being installed.
Tue 25 Feb 2025 08:44
(Sharecast News) - Recruitment and training company Staffline has sold off its PeoplePlus subsidiary for £12m and plans to return £7.5m to shareholders by way of a share buyback, causing shares to jump on Tuesday.
Tue 25 Feb 2025 08:26
(Sharecast News) - Shares in Lion Finance Group surged on Tuesday after the Georgian bank lifted its dividend and extended its share buyback programme following strong results for 2024, in which profits surged.
Tue 25 Feb 2025 07:59
(Sharecast News) - The Renewables Infrastructure Group (TRIG) reported a decline in its portfolio valuation for 2024 on Tuesday, reflecting lower power price forecasts, operational adjustments, and higher discount rates.
Tue 25 Feb 2025 07:58
(Sharecast News) - White-label and branded cleaning products group McBride managed to grow profits and revenues in its first half, and said it remains on track to hit full-year forecasts, helped by market conditions and operational delivery.
Tue 25 Feb 2025 07:48
(Sharecast News) - Hard-pressed UK householders will face a 6.4% rise in their energy bills from April as the industry regulator increases its price cap for a third consecutive quarter, citing higher wholesale gas prices.
Tue 25 Feb 2025 07:39
(Sharecast News) - Specialty chemicals group Croda met its profit guidance in 2024, though numbers were weighed down by a drop in annual sales and weaker margins, with the company targeting £25m of cost savings in 2025.
Tue 25 Feb 2025 07:33
(Sharecast News) - Online trading platform CMC Markets said on Tuesday that chief financial officer Albert Soleiman has agreed to step down with immediate effect.
Tue 25 Feb 2025 07:20
(Sharecast News) - Consumer products giant Unilever has announced that its chief executive is leaving "by mutual agreement" after just 19 months at the helm.
Tue 25 Feb 2025 07:05
(Sharecast News) - Unite Group reported a sharp rise in earnings for 2024 on Tuesday, supported by strong rental growth and high occupancy rates.
Tue 25 Feb 2025 07:02
(Sharecast News) - Shares in Smith & Nephew surged on Tuesday as the medical equipment maker's full year profit and revenue beat downgraded forecasts, driven by a rebound in its US knee and hip implant unit, which offset continuing headwinds in China.
Mon 24 Feb 2025 15:38
(Sharecast News) - The market spotlight on Tuesday will be on the US, where a flurry of economic indicators are due out.
Mon 24 Feb 2025 14:08
(Sharecast News) - Oil services and engineering firm Wood Group confirmed on Monday that it had received a takeover approach from Dubai's Sidara.
Mon 24 Feb 2025 12:08
(Sharecast News) - Georgia-focused investment group Georgia Capital reported a big jump in profits in the fourth quarter after an "excellent" operating performance from across its portfolio.
Mon 24 Feb 2025 12:05
(Sharecast News) - Chemring surged to the top of the FTSE 250 on Monday following a Sky News report that private equity firm Bain Capital has made an approach to buy the defence group.
Mon 24 Feb 2025 11:31
(Sharecast News) - Gore Street Energy Storage Fund announced the successful energisation of its remaining in-construction assets on Monday, marking a significant step in transitioning to a steady-state portfolio.
Mon 24 Feb 2025 11:27
(Sharecast News) - Bluefield Solar Income Fund announced on Monday that it has completed a refinancing deal as part of its ongoing efforts to manage debt and recycle capital within its 359 MW solar photovoltaic portfolio, jointly owned with GLIL Infrastructure.
Mon 24 Feb 2025 10:42
(Sharecast News) - Analysts at Berenberg lowered their target price on mining giant Anglo American from 2,100.0p to 2,000.0p on Monday, noting that it saw "better value elsewhere" in the space.
Mon 24 Feb 2025 10:14
(Sharecast News) - Vending-machine operator ME Group delivered a solid performance in its past financial year, increasing its total dividend by 6.8% after profits rose to a record high.
Mon 24 Feb 2025 09:47
(Sharecast News) - Energy services firm Petrofac increased its planned equity raise from $194.0m to $224.0m on Monday, taking its total restructuring plans to an estimated cost of $355.0m.
Mon 24 Feb 2025 09:37
(Sharecast News) - Kosmos Energy reported a net fourth-quarter loss of $7m on Monday, or one cent per diluted share, and an adjusted net loss of $16m, or three cents per share.
Mon 24 Feb 2025 09:14
(Sharecast News) - XPS Pensions Group on Monday said it was buying UK insurance consultancy Polaris Actuaries for £23.4m.
Mon 24 Feb 2025 08:27
(Sharecast News) - German business sentiment was unchanged in February, according to a survey released on Monday by the Ifo Institute.
Mon 24 Feb 2025 08:23
(Sharecast News) - Supermarket Income REIT updated the market on a number of key portfolio initiatives on Monday, aimed at driving earnings accretion through strategic capital recycling.
Mon 24 Feb 2025 08:02
(Sharecast News) - Property investment firm CLS Holdings said on Monday that earnings and net tangible assets were both seen in line with market expectations.
Mon 24 Feb 2025 07:23
(Sharecast News) - National Grid has announced the sale of its National Grid Renewables US onshore renewables business to Brookfield Asset Management and its institutional partners, including Brookfield Renewable Partners, on Monday.
Mon 24 Feb 2025 07:18
(Sharecast News) - Disinfectants manufacturer Tristel raised its interim dividend by 8% after a double-digit increase in profits in its first half, though sales growth in the UK has slowed dramatically.
Mon 24 Feb 2025 07:02
(Sharecast News) - Shares in UK discount retailer B&M slumped on Monday after profit guidance was cut again on the back of an uncertain economic outlook and announcement that chief executive Alex Russo would retire at the end of April.
Fri 21 Feb 2025 14:48
(Sharecast News) - Hong Kong's CK Infrastructure has reportedly made a preliminary £7bn bid to take a majority stake in Thames Water, while indicating that it would require the company's bondholders to take significant haircuts.
Fri 21 Feb 2025 14:41
(Sharecast News) - ADM Energy has announced the abrupt resignation of its boss Stefan Olivier as the West Africa-focused oil group continues to face a financial crunch, with just £20,000 of cash left available.
Fri 21 Feb 2025 11:54
(Sharecast News) - Drugmaker GSK has been tapped as a potential target for activist investors, according to Bloomberg, which noted that shares had fallen roughly 19% since spinning off its consumer health business in 2022.
Fri 21 Feb 2025 11:32
(Sharecast News) - Proteome Sciences announced on Friday that it has secured a contract worth over $1m from a US biopharmaceutical company for the use of its mass spectrometry services in an ongoing clinical trial.
Fri 21 Feb 2025 11:23
(Sharecast News) - VH Global Energy Infrastructure announced a significant milestone for its 10MW UK flexible power project with carbon capture and re-use on Friday, with the successful commissioning of its first carbon dioxide stream.
Fri 21 Feb 2025 09:13
(Sharecast News) - RBC Capital Markets downgraded Conduit Holdings on Friday to 'sector perform' from 'outperform' and cut the price target to 425p from 575p.
Fri 21 Feb 2025 09:11
(Sharecast News) - Four major banks had reached an agreement with the Competition and Markets Authority to pay combined fines of more than £104.0m after the watchdog found that traders had shared sensitive information with one another between 2009 and 2013.
Fri 21 Feb 2025 08:34
(Sharecast News) - Videndum confirmed in an update on Friday that its results for 2024 were in line with previous guidance, subject to the completion of its audit, although its shares were tanking after a weaker-than-expected second half, as the company's markets remained seriously depressed.
Fri 21 Feb 2025 07:24
(Sharecast News) - Lloyds Banking Group kicked off a share buyback programme worth up to £1.7bn on Friday, following its announcement on 20 February.
Fri 21 Feb 2025 07:12
(Sharecast News) - Citi reiterated its 'buy' rating on British Gas owner Centrica on Friday and lifted its price target to 187p from 174p following the company's "stellar" results a day earlier.
Fri 21 Feb 2025 07:05
(Sharecast News) - Asia-focused bank Standard Chartered said it would hand back $1.5bn to shareholders after a rise in annual earnings driven by its pursuit of wealthy customers, although it warned that global growth could be hit by protectionist trade policies amid threats of widespread tariffs by the new US government.
Thu 20 Feb 2025 15:40
(Sharecast News) - Analysts at Canaccord Genuity lowered their target price on exploration and production firm Tullow Oil from 35.0p to 25.0p following the group's recent trading update.
Thu 20 Feb 2025 14:23
(Sharecast News) - Ferrexpo shares tanked on Thursday after Ukrainian officials said they planned to nationalise the company's Poltava mining and processing plant amid allegations of illegal mining and fund misappropriation.
Thu 20 Feb 2025 11:40
(Sharecast News) - AdvancedAdvT said in an update on Thursday that full-year trading for the period ending 28 February was expected to be materially ahead of market expectations, driven by strong customer growth and improved contract renewals.
Thu 20 Feb 2025 10:55
(Sharecast News) - JPMorgan Cazenove upgraded BP on Thursday as it took a look at EU oil and gas stocks and considered the implications of a Russia/Ukraine ceasefire.
Thu 20 Feb 2025 10:54
(Sharecast News) - Ithaca Energy reported a strong full-year performance for 2024 in an update on Thursday, with production reaching the upper end of guidance at 80,200 barrels of oil equivalent per day.
Thu 20 Feb 2025 10:07
(Sharecast News) - French car maker Renault lifted its dividend on Thursday as it posted a record full-year profit.
Thu 20 Feb 2025 09:26
(Sharecast News) - Aircraft maker Airbus on Thursday said annual operating profit fell 8% despite higher revenues amid suuply-chain challenges for some of its plane production.
Thu 20 Feb 2025 09:24
(Sharecast News) - Paper and packaging business Mondi said on Thursday that earnings had fallen in FY24 despite reporting a modest improvement in revenues.
Thu 20 Feb 2025 09:09
(Sharecast News) - Shares in Indivior were sliding on Thursday, even after it reported a better-than-expected end to a difficult year, with a 9% increase in full-year 2024 net revenue to $1.19bn amid continued growth in its opioid use disorder treatment Sublocade.
Thu 20 Feb 2025 08:54
(Sharecast News) - Mining giant Rio Tinto posted its weakest earnings in half a decade overnight, principally due to weaker iron ore prices.
Thu 20 Feb 2025 08:09
(Sharecast News) - Self storage firm Safestore said on Thursday that it had delivered "improving like-for-like growth" across all markets during Q1, supported by growth from opened developments.
Thu 20 Feb 2025 07:50
(Sharecast News) - Wood Group said on Thursday that it has been awarded a $120m contract extension by Shell UK to provide brownfield engineering, procurement and construction (EPC) to onshore and offshore assets across the UK.
Thu 20 Feb 2025 07:45
(Sharecast News) - The chief financial officer of Wood Group has resigned with immediate effect following an incorrect description of his professional qualifications in various statements in the public domain.
Thu 20 Feb 2025 07:37
(Sharecast News) - Troubled miner Anglo American on Thursday posted a full-year loss of $3.1bn after a large write-down related to its De Beers diamond operation as it continued restructuring plans to focus on copper and iron ore.
Thu 20 Feb 2025 07:31
(Sharecast News) - Centrica shares were surging on Thursday morning, even after it reported a sharp decline in full-year profits for 2024, with adjusted EBITDA falling to £2.3bn from £3.5bn in 2023, as it declared an increased dividend and announced a further £500m in share buybacks.
Thu 20 Feb 2025 07:23
(Sharecast News) - Recruiter Hays reported a drop in first-half profit on Thursday amid "challenging" market conditions, as economic and political uncertainty weighed on client and candidate confidence.
Thu 20 Feb 2025 07:02
(Sharecast News) - Shares in Lloyds Bank surged on Thursday as the UK mortgage lender said annual profit fell 20.4%, worse than expected, and said it had set aside an extra £700m to cover potential claims against motor finance commission deals, taking the total figure to beyond £1bn.
Wed 19 Feb 2025 12:33
(Sharecast News) - Berenberg downgraded Tate & Lyle on Wednesday to 'hold' from 'buy' and slashed the price target to 600p from 900p as it said the shares were lacking a catalyst.
Wed 19 Feb 2025 11:18
(Sharecast News) - Analysts at Canaccord Genuity reiterated their 'buy' rating on package holidays business Jet2, noting that the group has been investing for a "high return future".
Wed 19 Feb 2025 11:02
(Sharecast News) - The Competition and Markets Authority said on Wednesday that GXO's takeover of Wincanton would likely reduce competition and drive costs for supermarkets higher.
Wed 19 Feb 2025 10:52
(Sharecast News) - Bill Ackman's Pershing Square Capital Management revised its offer to increase its stake in Howard Hughes, it emerged on Wednesday, proposing a $900 million deal to acquire 10 million newly issued shares at $90 per share.
Wed 19 Feb 2025 10:20
(Sharecast News) - Google has agreed to pay €326m to settle a tax dispute with Italian authorities, the Ansa news agency reported on Wednesday, citing Milan Chief Prosecutor Marcello Viola.
Wed 19 Feb 2025 10:19
(Sharecast News) - JPMorgan Cazenove double upgraded Antofagasta on Wednesday to 'overweight' from 'underweight' and hiked the price target to 2,400p from 1,600p citing a positive long-term copper outlook and leading medium-term copper growth.
Wed 19 Feb 2025 09:43
(Sharecast News) - Gemstone miner Gemfields has hailed the lifting of a 15% export duty that applied to emeralds from Zambia, the world's largest emerald exporter.
Wed 19 Feb 2025 08:38
(Sharecast News) - Reinsurance specialist Conduit Holdings reported strong premium growth across all segments for 2024 on Wednesday, with gross premiums written rising 24.8% to $1.16bn, although shares were sliding as comprehensive income fell in what it called a high catastrophe year.
Wed 19 Feb 2025 08:27
(Sharecast News) - BP is reportedly considering a potential sale of its lubricants business.
Wed 19 Feb 2025 07:23
(Sharecast News) - Cruise giant Carnival priced a $1bn private offering of 5.75% senior unsecured notes due 2030 overnight, it announced on Wednesday morning, as part of its ongoing effort to lower borrowing costs.
Wed 19 Feb 2025 07:14
(Sharecast News) - BAE Systems posted strong full-year growth on both its top and bottom lines.
Wed 19 Feb 2025 07:03
(Sharecast News) - Glencore is mulling ditching its primary listing in the UK in favour of New York or another location where it can "get the right valuation", chief executive Gary Nagle said on Wednesday after the miner and commodities trader reported a fall in annual core earnings due to weaker coal prices prices.
Wed 19 Feb 2025 06:51
(Sharecast News) - HSBC Holdings beat analysts' profit estimates and unveiled a fresh share buyback programme.
Tue 18 Feb 2025 15:23
(Sharecast News) - Investors' focus in the middle of the week will shift to the inflation picture in the UK.
Tue 18 Feb 2025 12:55
(Sharecast News) - Analysts at Canaccord Genuity lowered their target price on metal fabricator Castings from 340.0p to 325.0p on Thursday as it said things were "tough out there".
Tue 18 Feb 2025 10:37
(Sharecast News) - Markets gave a negative reaction to Plus500's annual results and share buyback announcement, but that didn't stop Jefferies from hiking its target price by nearly a fifth and reiterated a 'buy' recommendation.
Tue 18 Feb 2025 09:57
(Sharecast News) - British water provider Thames Water has won the High Court backing for a £3bn emergency debt package just weeks before it was set to run out of cash.
Tue 18 Feb 2025 09:44
(Sharecast News) - Morgan Stanley upgraded Glencore on Tuesday to 'overweight' from 'equalweight' as it argued that concerns about deteriorating coal prices and around marketing profits in a low-volatility post-war world are "exaggerated".
Tue 18 Feb 2025 08:58
(Sharecast News) - Hollywood Bowl Group launched a new share buyback programme worth up to £10m on Tuesday, following shareholder authorisation granted at its annual general meeting on 30 January.
Tue 18 Feb 2025 08:12
(Sharecast News) - Assura confirmed on Tuesday that it had rejected a £1.56bn takeover proposal from US private equity firm Kohlberg Kravis Roberts (KKR).
Tue 18 Feb 2025 08:02
(Sharecast News) - Shares in online trading platform operator Plus500 headed south in early trading even as the group said it would return roughly $200.0m to shareholders via a share buyback and dividends.
Tue 18 Feb 2025 07:25
(Sharecast News) - BHP slashed its dividend and reported a sharp fall in half-year profits as lower iron ore prices caused by weaker demand from China offset higher copper earnings.
Tue 18 Feb 2025 07:24
(Sharecast News) - InterContinental Hotels Group (IHG) reported a full year of growth on Tuesday, alongside a fresh $900m share buyback programme and the acquisition of the Ruby lifestyle hotel brand.
Tue 18 Feb 2025 07:19
(Sharecast News) - BT Group slumped on Tuesday as Citi downgraded its stance on the shares to 'sell' from 'buy' and cut the price target to 112p from 200p as it said that Openreach was facing a revenue decline.
Tue 18 Feb 2025 07:04
(Sharecast News) - Anglo American on Tuesday said it was selling its nickel business to Singapore's MMG for up to $500m. The unit comprises two ferronickel operations in Brazil and two greenfield growth projects.
Mon 17 Feb 2025 14:20
(Sharecast News) - Citi lifted its price target on St James's Place on Monday to 1,280p from 1,010p and reiterated its 'buy' rating as it updated its model ahead of full-year results on 27 February.
Mon 17 Feb 2025 12:25
(Sharecast News) - The Competition and Markets Authority said on Monday that Topps Tiles' £9m acquisition of 30 CTD Tiles stores could reduce competition in four regions.
Mon 17 Feb 2025 12:02
(Sharecast News) - Analysts at RBC Capital Markets took a fresh look at Barclays on Monday following the bank's Q424 earnings, reiterating its 'outperform' rating and 340.0p target price
Mon 17 Feb 2025 11:25
(Sharecast News) - Berenberg has lifted its target price for Unilever following the consumer-goods giant's 2024 results last week, predicting that "best-in-class growth" from the company will persist in 2025.
Mon 17 Feb 2025 10:16
(Sharecast News) - Fast-fashion retailer Shein is reportedly under pressure from shareholders to cut its valuation to about $30bn to help get its controversial planned London listing over the line.
Mon 17 Feb 2025 09:14
(Sharecast News) - Scottish housebuilder Springfield Properties said it expects full-year profits to be "significantly ahead of market expectations" after a strong improvement in margins drove impressive earnings growth in the first half.
Mon 17 Feb 2025 09:03
(Sharecast News) - Mining group Petra Diamonds revealed on Monday that losses had widened in the six months ended 31 December and that chief executive Richard Duffy had resigned, with immediate effect.
Mon 17 Feb 2025 08:47
(Sharecast News) - Online marketplace operator Auction Technology said on Monday that it has successfully completed the refinancing of its senior term and revolving credit facilities.
Mon 17 Feb 2025 08:43
(Sharecast News) - Some of the largest investment banks in the City are sizing up the possibility of a merger between BP and Shell.
Mon 17 Feb 2025 07:51
(Sharecast News) - MONY Group boosted its full-year profits, which allowed it to improve its shareholder returns.
Mon 17 Feb 2025 07:28
(Sharecast News) - Anglo American Platinum is paying shareholders an extra £680m cash dividend ahead of its planned spinoff into a standalone unit by June this year, the company said on Monday.
Mon 17 Feb 2025 07:22
(Sharecast News) - Private equity giant Kohlberg Kravis Roberts (KKR) confirmed on Monday that it has submitted four non-binding proposals to acquire FTSE 250 healthcare property investor Assura, with its latest offer valuing the company at £1.56bn.
Mon 17 Feb 2025 07:21
(Sharecast News) - IP Group said on Monday that its portfolio company Istesso has reported results from a phase 2b study of its investigational rheumatoid arthritis (RA) drug, leramistat, which did not meet its primary endpoint of improved ACR20 response versus placebo.
Mon 17 Feb 2025 07:19
(Sharecast News) - UK house price growth slowed in February as the stamp duty deadline loomed, but activity remained "robust", according to data released by Rightmove on Monday.
Mon 17 Feb 2025 07:04
(Sharecast News) - GSK said the US Food and Drug Administration has approved its Penmenvy drug to treat meningitis for use in individuals aged10 - 25 years.
Fri 14 Feb 2025 15:14
(Sharecast News) - Bank of America Securities has maintained a 'buy' rating and 500p target price for NatWest after the UK bank's better-than-expected fourth-quarter results on Friday, highlighting the "sustainable quality" of the business.
Fri 14 Feb 2025 11:46
(Sharecast News) - Helical announced on Friday that, in joint venture with Places for London, it had secured a £125m development financing facility from HSBC to fund the construction of 10 King William Street, an over-station office scheme above Bank station in the City of London.
Fri 14 Feb 2025 11:41
(Sharecast News) - Ladbrokes owner Entain surged to the top of the FTSE 100 on Friday as it emerged that US activist hedge fund Corvex Management has upped its stake in the Ladbrokes owner to about 5.3%.
Fri 14 Feb 2025 10:37
(Sharecast News) - Analysts at Berenberg raised their target price on software firm Pinewood Technologies from 455.0p to 510.0p on Friday after the group's FY24 earnings came in ahead of consensus.
Fri 14 Feb 2025 10:36
(Sharecast News) - Transense Technologies announced a strategic distribution agreement with Haltec Corporation on Friday, as part of a significant expansion of its tyre inspection tools in the US market.
Fri 14 Feb 2025 10:12
(Sharecast News) - Goldman Sachs has hiked its price forecasts for the pan-European Stoxx 600 and London's FTSE 100 on the back of a potential peace deal for Ukraine, predicting that the UK index could hit the 9,000 level within 12 months.
Fri 14 Feb 2025 09:52
(Sharecast News) - Citi has reiterated its 'buy' rating for Inchcape ahead of the automotive distributor's full-year results on 4 March, saying little upside is currently priced into the stock despite its strong growth prospects.
Fri 14 Feb 2025 09:20
(Sharecast News) - Thames Water said on Friday that it would appeal to the Competition and Markets Authority to examine Ofwat's recent decision on the embattled water and sewage company's business plan.
Fri 14 Feb 2025 08:19
(Sharecast News) - Shore Capital downgraded Spirax Group on Friday to 'sell' following a 20% share price rise since it upgraded to 'hold' shortly after the in line update on 14 November 2024.
Fri 14 Feb 2025 08:03
(Sharecast News) - Software firm Pinewood Technologies delivered FY24 earnings ahead of consensus on Friday as it revealed it had secured its largest-ever non-associated dealership contract with Global Auto Holdings.
Fri 14 Feb 2025 07:47
(Sharecast News) - Berenberg initiated coverage of construction and engineering group Costain on Friday with a 'buy' rating and 140p price target.
Fri 14 Feb 2025 07:39
(Sharecast News) - The UK regulator has proposed a series of reforms to the infant formula market, including using plain packaging in hospitals and strengthening advertising rules, it was announced on Friday.
Fri 14 Feb 2025 07:37
(Sharecast News) - XPS Pensions Group said in an update on Friday that it anticipated full-year results for the year ending 31 March to be materially ahead of expectations, driven by strong demand for its services and improved operational efficiency.
Fri 14 Feb 2025 07:14
(Sharecast News) - Citing people familiar with the matter, Bloomberg reported that HSBC will initiate a fresh round of layoffs at its investment bank as early as Monday.
Fri 14 Feb 2025 07:13
(Sharecast News) - Shares in Wood Group were tanking on Friday morning, after it flagged weaker-than-expected fourth-quarter trading in an update, and warned of negative free cash flow in 2025.
Fri 14 Feb 2025 07:01
(Sharecast News) - Annual profit at UK bank NatWest just beat expectations as it grew its loan book and pulled in more deposits, boosted by an increase in customers.
Thu 13 Feb 2025 12:36
(Sharecast News) - Analysts at Berenberg slightly lowered their target price on gold producer Pan African Resources from 42.0p to 39.0p on Thursday as they rebased their stance on the stock following the publication of its H1 numbers.
Thu 13 Feb 2025 12:27
(Sharecast News) - Waste management firm Renewi shot higher on Thursday as it agreed to be bought by Australian investment firm Macquarie Asset Management in a £707m deal.
Thu 13 Feb 2025 11:25
(Sharecast News) - Online content publisher LBG Media confirmed on Thursday that chief financial officer Richard Jarvis has stepped down and left the business with immediate effect.
Thu 13 Feb 2025 11:18
(Sharecast News) - UBS has upgraded AstraZeneca to a 'buy', citing the London-listed pharmaceutical firm's "sector-leading" drug pipeline.
Thu 13 Feb 2025 10:42
(Sharecast News) - Security scanning technology specialist Thruvision lowered its revenue guidance for the financial year ending 31 March on Thursday, as key contract opportunities were now expected to start in the next financial year.
Thu 13 Feb 2025 10:29
(Sharecast News) - German lender Commerzbank is slashing almost 4,000 jobs and lifting financial targets as it moves to repel takeover moves from Italy's UniCredit.
Thu 13 Feb 2025 10:24
(Sharecast News) - Learning Technologies Group updated the market on its acquisition by Leopard UK Bidco on Thursday, reporting that all necessary regulatory clearances had been received.
Thu 13 Feb 2025 10:07
(Sharecast News) - Vistry shares sparked on Thursday as it revealed that US hedge fund Abrams Capital Management has lifted its stake in the housebuilder to 10.2% from 8.2%.
Thu 13 Feb 2025 10:06
(Sharecast News) - All eyes at the end of the week will be on the Munich Security Conference, at which the US is expected to unveil further details regarding the agreed start of talks between Washington, Ukraine and Moscow.
Thu 13 Feb 2025 09:45
(Sharecast News) - Energy storage and clean fuel business ITM Power said on Thursday that it has signed a new contract to supply four of its NEPTUNE V units to multi-energy producer La Française de l'Energie.
Thu 13 Feb 2025 09:40
(Sharecast News) - Renishaw shares were sliding on Thursday morning, even after it delivered a modest increase in revenue for the first half of its financial year on Thursday, reporting a 3% rise to £341.4m.
Thu 13 Feb 2025 09:33
(Sharecast News) - Supplements business Applied Nutrition said on Thursday that its H125 financial performance was ahead of guidance issued at the time of its IPO.
Thu 13 Feb 2025 09:25
(Sharecast News) - Staffing business Gattaca said on Thursday that it had delivered a "robust performance" in the six months ended 31 January, in line with expectations.
Thu 13 Feb 2025 09:17
(Sharecast News) - Property developer Great Portland Estates has inked four new fully managed leasing deals at its 201,000-square-foot Piccadilly Estate in West London.
Thu 13 Feb 2025 08:39
(Sharecast News) - Tate & Lyle reported third quarter volume and EBITDA growth in an update on Thursday, despite a decline in revenue before accounting for its acquisition of CP Kelco, although it said full-year earnings growth was now expected to be at the lower end of guidance.
Thu 13 Feb 2025 08:05
(Sharecast News) - Property investor Urban Logistics said on Thursday that it has completed new lettings over five units since 30 September, totalling 301,000 square feet of space and £3.0m per annum headline rent.
Thu 13 Feb 2025 07:57
(Sharecast News) - Coca-Cola HBC said it expected organic operating profit to rise by 7% - 11% this year amid a "challenging" macroeconomic environment.
Thu 13 Feb 2025 07:28
(Sharecast News) - Japanese auto giants Honda and Nissan officially abandoned merger talks on Thursday after failing to agree on the future structure of the new company, but said they would collaborate on electric vehicles.
Thu 13 Feb 2025 07:24
(Sharecast News) - British American Tobacco saw full-year profit and revenues edge up.
Thu 13 Feb 2025 07:23
(Sharecast News) - Relx reported a "strong" set of financial results for 2024 on Thursday, reporting revenue of £9.43bn, up 7% on an underlying basis.
Thu 13 Feb 2025 07:18
(Sharecast News) - Insurer Lancashire Holdings said on Thursday that it expects to incur net ultimate losses of between $145m and $165m related to the California wildfires.
Thu 13 Feb 2025 07:03
(Sharecast News) - Multinational consumer goods company Unilever on Thursday said it expected a slow start to the current financial year with "subdued" market growth in the near term and announced a €1.5bn share buyback, while fourth-quarter underlying sales just missed estimates.
Thu 13 Feb 2025 06:57
(Sharecast News) - Barclays saw profit before tax jump over the last three months of 2024 to reach £1.7bn, versus £0.1bn one year before.
Wed 12 Feb 2025 15:18
(Sharecast News) - Cardboard packaging giant Smurfit Westrock reported a jump in annual earnings and said it expected to deliver adjusted core profit of about $1.25bn for the first quarter of the new fiscal year.
Wed 12 Feb 2025 14:55
(Sharecast News) - Prudential said on Wednesday that it was evaluating a potential listing of ICICI Prudential Asset Management, its joint venture with Indian financial services group ICICI Bank.
Wed 12 Feb 2025 14:21
(Sharecast News) - Thursday's session will bring with it more data on the inflation picture Stateside.
Wed 12 Feb 2025 13:26
(Sharecast News) - One of Deliveroo's top executives is reportedly set to leave the company as its board weighs a succession plans for its founder and chief executive Will Shu.
Wed 12 Feb 2025 12:36
(Sharecast News) - Shares in Kraft Heinz fell sharply in pre-market trade after the food conglomerate said profit would be below forecasts and missed quarterly sales estimates on the back of weak demand price rises.
Wed 12 Feb 2025 11:00
(Sharecast News) - The surprise retirement of Dunelm's boss shouldn't put off investors from the homeware retailer's strong growth prospects, according to Canaccord Genuity which reiterated its 'buy' rating on the stock.
Wed 12 Feb 2025 10:21
(Sharecast News) - Morgan Stanley has initiated coverage of pharma giant AstraZeneca with an 'overweight' rating, recommending investors to build positions at a "compelling entry point".
Wed 12 Feb 2025 09:58
(Sharecast News) - Dr. Martens said on Wednesday that it has appointed US retail veteran Robert Hanson and Permira partner Benoit Vauchy as non-executive directors with effect from 26 March.
Wed 12 Feb 2025 09:24
(Sharecast News) - Exploration and production company EnQuest said FY25 production would likely be stronger than the level seen in FY24 on Wednesday.
Wed 12 Feb 2025 08:05
(Sharecast News) - Property developer Henry Boot has secured outline planning permission on appeal for 112 homes on a freehold site in Kent.
Wed 12 Feb 2025 07:54
(Sharecast News) - Citi upped its price target on Smiths Group on Wednesday to 2,700p from 2,400p as it updated its break-up analysis.
Wed 12 Feb 2025 07:35
(Sharecast News) - Ofwat has launched an investigation into Thames Water, after the crisis-struck utility said over a 100 planned environmental protection schemes would not be completed on time.
Wed 12 Feb 2025 07:35
(Sharecast News) - Merchant banking group Close Brothers has revealed that it is to put £165m aside to cover costs associated with the mis-selling of motor finance, following last year's Court of Appeal judgment.
Wed 12 Feb 2025 07:24
(Sharecast News) - Indivior announced a delay in the US Food and Drug Administration's (FDA) final review of proposed label changes for its 'Sublocade', or buprenorphine extended-release, injection on Wednesday.
Wed 12 Feb 2025 07:21
(Sharecast News) - TBC Bank impressed on Wednesday by reporting record revenues and a big jump in profits in the fourth quarter, with the UK-listed Georgian bank confident of hitting its strategic targets for 2025.
Wed 12 Feb 2025 07:21
(Sharecast News) - BHP has announced that its chair of eight years, Ken MacKenzie, is to retire from the board at the end of next month and will be replaced by banking veteran and former RBS boss Ross McEwan.
Wed 12 Feb 2025 07:02
(Sharecast News) - Shares in Barratt Redrow surged on Wednesday as the housebuilder said it expected full-year earnings to be at the upper end of expectations after a jump in interim profits and also announced a £100m share buyback.
Tue 11 Feb 2025 16:47
(Sharecast News) - Analysts at Canaccord Genuity slightly raised their target price on Celtic from 202.0p to 208.0p on Tuesday, stating the firm's improved UCL campaign drives FY25 upgrades.
Tue 11 Feb 2025 13:08
(Sharecast News) - Octopus Energy, Britain's largest residential gas and electricity provider, has reportedly entered into an agreement that will see it manage the customers of debt-laden water supplier Thames Water.
Tue 11 Feb 2025 11:51
(Sharecast News) - Investors' focus in the middle of the week will be on the US inflation picture.
Tue 11 Feb 2025 10:41
(Sharecast News) - Equipment rental firm Ashtead confirmed on Tuesday that it was pushing ahead with plans to switch to a US primary listing after the move was backed by its shareholders.
Tue 11 Feb 2025 10:36
(Sharecast News) - The market spotlight on Tuesday will be on the head of the US central bank.
Tue 11 Feb 2025 10:19
(Sharecast News) - Analysts at Berenberg slightly raised their target price on bookmaker Entain from 1,010.0p to 1,035.0p on Tuesday, stating it was "continuing to bet" on the BetMGM turnaround.
Tue 11 Feb 2025 10:11
(Sharecast News) - Heathrow said on Tuesday that it had its busiest January on record, with more than 6.3 million passengers travelling through the airport.
Tue 11 Feb 2025 09:59
(Sharecast News) - Motor and property finance business S&U said on Tuesday that it was optimistic about the new trading year, although it also acknowledged that challenges remain.
Tue 11 Feb 2025 09:44
(Sharecast News) - RWS Holdings reported continued progress on its medium-term strategy in an update on Tuesday, having returned to organic constant currency growth in the second half of its 2024 financial year.
Tue 11 Feb 2025 09:35
(Sharecast News) - Gas and oil production company Diversified Energy said on Tuesday that its FY24 performance had been "solid" and highlighted stable production levels, strong cash flows, and its continued expansion.
Tue 11 Feb 2025 09:24
(Sharecast News) - Construction group MJ Gleeson saw profits fall sharply in the first half but delivered a confident outlook on the back of a strong pick-up in housing reservations in January.
Tue 11 Feb 2025 09:01
(Sharecast News) - The PRS REIT declared an increased interim quarterly dividend of 1.1p per share for the second quarter of its financial year on Tuesday, up from 1p in the same period last year.
Tue 11 Feb 2025 08:45
(Sharecast News) - HgCapital Trust announced a partial exit from its investment in Trackunit, a software-as-a-service (SaaS) and operating data platform provider for the construction industry, on Monday, through a transaction with the private equity arm of Goldman Sachs Alternatives.
Tue 11 Feb 2025 08:02
(Sharecast News) - Professional services firm Capita has been awarded a contract expansion to provide comprehensive training services for Marine Engineering within the Royal Navy at HMS Sultan.
Tue 11 Feb 2025 07:53
(Sharecast News) - PZ Cussons rallied on Tuesday after the Imperial Leather maker said it had returned to profit in the first half and remains on track to meet full-year expectations.
Tue 11 Feb 2025 07:40
(Sharecast News) - Shares in Bellway fell sharply on Tuesday despite the UK housebuilder reporting strong growth for the first half and reiterating its full-year guidance, as the firm highlighted the "sensitivity of customer demand" amid a rise in mortgage rates over recent months
Tue 11 Feb 2025 07:29
(Sharecast News) - BP reported a fourth-quarter loss of $1.96bn in an update on Tuesday, swinging from a profit of $371m in the same period a year earlier.
Tue 11 Feb 2025 07:23
(Sharecast News) - Homeware retailer Dunelm announced the retirement of its chief executive on Tuesday as it posted an uptick in interim profit and revenue.
Tue 11 Feb 2025 07:19
(Sharecast News) - Sports betting and gaming group Entain has revealed that chief executive Gavin Isaacs has left the company with immediate effect after just five months.
Mon 10 Feb 2025 15:47
(Sharecast News) - JPMorgan Cazenove upgraded Spectris on Monday to 'overweight' from 'neutral' and hiked the price target to 3,450.0p from 2,650.0p.
Mon 10 Feb 2025 15:42
(Sharecast News) - Analysts at Berenberg slightly raised their target price on cosmetics firm Warpaint London from 680.0p to 700.0p on Monday, noting the group's margin management was not to be overlooked.
Mon 10 Feb 2025 14:16
(Sharecast News) - Consumer goods giant Unilever is reportedly closing in on a £230m deal to snap up Wild, a premium producer of refillable personal care products backed by the founders of Innocent Drinks.
Mon 10 Feb 2025 12:43
(Sharecast News) - Nokia said on Monday that it has appointed Intel's Justin Hotard as its next president and chief executive, as Pekka Lundmark plans to step down.
Mon 10 Feb 2025 10:44
(Sharecast News) - Shares in Pan African Resources were under pressure on Monday after the gold miner reported a big drop in first-half profits.
Mon 10 Feb 2025 09:21
(Sharecast News) - Deutsche Bank downgraded Fever-Tree Drinks on Monday to 'hold' from 'buy' and slashed the price target to 800p from 1,325p as it said the deal with Molson Coors "lacks near-term fizz".
Mon 10 Feb 2025 09:06
(Sharecast News) - Drax Group announced a preliminary agreement with the UK government to continue operating its North Yorkshire power station beyond 2027 on Monday, under a new low-carbon, dispatchable Contract for Difference (CfD) scheme.
Mon 10 Feb 2025 08:55
(Sharecast News) - Television and audio production group Zinc Media said on Monday that adjusted underlying earnings had grown in FY24 despite a drop in revenues.
Mon 10 Feb 2025 08:37
(Sharecast News) - Artisanal Spirits Company, the whisky seller and owner of The Scotch Malt Whisky Society (SMWS), announced on Monday that recent production innovation is being met with "encouraging demand", causing shares to rise in morning trade.
Mon 10 Feb 2025 07:39
(Sharecast News) - Lloyds of London investor Helios Underwriting, which is currently searching for a new CEO, has announced that executive chair Michael Wade is to also leave the company at the end of the month.
Mon 10 Feb 2025 07:35
(Sharecast News) - Filtration and environmental technology business Porvair said on Monday that it had delivered record revenue and profits in the year ended 30 November 2024 despite "mixed" trading conditions.
Mon 10 Feb 2025 07:32
(Sharecast News) - JPMorgan Cazenove upgraded Spectris on Monday to 'overweight' from 'neutral' and hiked the price target to 3,450p from 2,650p.
Mon 10 Feb 2025 07:22
(Sharecast News) - Activist investor Elliott Investment Management has acquired a significant stake in BP, it emerged over the weekend, adding pressure on the British oil major to reassess its strategy after years of underperformance.
Mon 10 Feb 2025 07:18
(Sharecast News) - Chemicals group Johnson Matthey has announced that its chair of seven years Patrick Thomas will step down later this year, while its CFO of four years will be replaced by the head of finance at DS Smith.
Mon 10 Feb 2025 07:07
(Sharecast News) - said that the first liquified natural gas production has been achieved at the BP-operated Greater Tortue Ahmeyim project, offshore Mauritania & Senegal.
Fri 07 Feb 2025 13:56
(Sharecast News) - ACG Metals announced the appointment of Barış Baş as general manager of the Gediktepe Mine in Turkey on Friday, effective immediately.
Fri 07 Feb 2025 13:51
(Sharecast News) - Jade Road Investments announced on Friday that it has committed to invest in Unique Property Investment Group and WestOne Capital Group, two companies focussed on high-yield real estate opportunities, including the UK's assisted living sector and high-end international markets.
Fri 07 Feb 2025 13:46
(Sharecast News) - Metropolitan Housing Trust announced on Friday that chief financial officer Ian Johnson would retire in the autumn after a 40-year career, including 10 years in his current role.
Fri 07 Feb 2025 11:41
(Sharecast News) - US buyout firm Advent International is close to offloading a key division of Cobham, it was reported on Friday, as it continues to break up the defence giant.
Fri 07 Feb 2025 10:03
(Sharecast News) - Analysts at Berenberg reiterated its 'buy' rating on retailer Next in view of "some interesting medium-term growth angles".
Fri 07 Feb 2025 09:11
(Sharecast News) - RBC Capital Markets has cut its target price for Anglo American from 2,200p to 2,130p and kept an 'underperform' stance on the stock after downgrading its profit forecasts for the next three years.
Fri 07 Feb 2025 09:06
(Sharecast News) - Barclays upgraded IWG on Friday to 'overweight' from 'equalweight' and hiked the price target to 260p from 161p as it said the shares are "ripe for a re-rating".
Fri 07 Feb 2025 08:27
(Sharecast News) - A huge decline in the share price of Ricardo has prompted Shore Capital to upgrade its rating on the environmental and engineering consultancy from 'sell' to 'hold'.
Fri 07 Feb 2025 07:55
(Sharecast News) - Spanish financial services giant Banco de Sabadell hiked its shareholder distribution target on Friday as it looks to fend off a takeover attempt by rival BBVA.
Fri 07 Feb 2025 07:47
(Sharecast News) - Ashmore Group reported broadly stable assets under management at $48.8bn for the six months ended 31 December on Friday, as improved net flows and reduced redemptions helped to offset market volatility.
Fri 07 Feb 2025 07:16
(Sharecast News) - Legal & General is to sell its US protection business to Japanese peer Meiji Yasuda in a $2.3bn deal that will see the latter take a 5% stake in UK financial services group.
Fri 07 Feb 2025 07:04
(Sharecast News) - Polymers maker Victrex held guidance after a solid first-quarter performance saw revenues rise 9% but warned trading conditions remain mixed, with medical sales still subdued, driven by ongoing destocking among its customers.
Thu 06 Feb 2025 16:35
(Sharecast News) - Serco said on Thursday that it has been awarded a contract by the Ministry of Defence to deliver its next-generation recruitment solution for the Royal Navy, the British Army, the Royal Air Force and Strategic Command.
Thu 06 Feb 2025 15:51
(Sharecast News) - Analysts at Canaccord Genuity lowered their target price on Colombia-focussed oil firm Arrow Exploration from 50.0p to 44.0p on Thursday but acknowledged that near-term drilling was likely to reboot production growth.
Thu 06 Feb 2025 14:44
(Sharecast News) - Fashion brand Ralph Lauren lifted annual revenue guidance after reporting better-than-expected third quarter earnings, as wealthy customers splashed out on its range of clothing, sending shares in the company 12% higher on Wall Street.
Thu 06 Feb 2025 14:32
(Sharecast News) - Strong sales of vapes and nicotine pouches helped tobacco giant Philip Morris International beat forecasts with its fourth-quarter results on Thursday, as the manufacturer posted full-year guidance ahead of consensus.
Thu 06 Feb 2025 14:20
(Sharecast News) - Marks & Spencer said on Thursday Richard Price, managing director of clothing, home & beauty since 2020, will be leaving the retailer to pursue a portfolio career.
Thu 06 Feb 2025 12:18
(Sharecast News) - Shares in pharmaceutical giant Bristol Myers Squibb headed south in early trading as its solid Q4 revenue performance was offset by FY25 guidance that fell short of Wall Street expectations.
Thu 06 Feb 2025 10:43
(Sharecast News) - Deutsche Bank upgraded Greencore on Thursday to 'buy' from 'hold' and lifted the price target to 225p from 195p.
Thu 06 Feb 2025 09:08
(Sharecast News) - Nexxen International reiterated the timeline and process for its upcoming stock exchange and trading structure changes on Thursday, as it prepared to consolidate its listing exclusively on Nasdaq.
Thu 06 Feb 2025 09:04
(Sharecast News) - Berenberg has hiked its target price for tonic maker Fever-Tree on the back of the tonic maker's partnership with Molson Coors, which it said appears "highly attractive".
Thu 06 Feb 2025 08:44
(Sharecast News) - BBGI Global Infrastructure shot higher on Thursday after saying it had agreed to be bought by Canadian pension fund manager British Columbia Investment Management in a £1.06bn deal.
Thu 06 Feb 2025 08:03
(Sharecast News) - The planned mega-merger between auto giants Honda and Nissan appeared to have run off the road after disagreements on how it should be structured, media reports stated on Thursday.
Thu 06 Feb 2025 08:01
(Sharecast News) - London-focused property developer Great Portland Estates has announced four new leases for fully managed offices at its newly completed building near Goodge Street in Fitzrovia.
Thu 06 Feb 2025 08:00
(Sharecast News) - AstraZeneca posted forecast-beating numbers on Thursday, fuelled by strong demand for its cancer and cardiometabolic drugs.
Thu 06 Feb 2025 07:55
(Sharecast News) - Watches of Switzerland backed its full-year guidance on Thursday as it said trading in the 13 weeks to 26 January was in line with its expectations.
Thu 06 Feb 2025 07:43
(Sharecast News) - Shares in Danish shipping giant Maersk surged on Thursday after the firm posted better-than-expected fourth-quarter profits, but warned annual earnings would be lower due to geopolitical uncertainties such as US tariffs.
Thu 06 Feb 2025 07:32
(Sharecast News) - Anglo American reported a mixed but "solid" production performance 2024 on Thursday, with notable declines in copper, diamonds, and steelmaking coal output, while iron ore production saw modest gains.
Thu 06 Feb 2025 07:11
(Sharecast News) - Shares in Babcock spiked on Thursday as the UK defence contractor upgraded full-year expectations on the back of double-digit organic growth in its nuclear operations and strong growth in the marine division.
Thu 06 Feb 2025 07:08
(Sharecast News) - Catering giant Compass has delivered a strong first quarter, with a decent performance across all sectors and regions pushing organic revenue growth ahead of full-year guidance, but warned that currency movements could put a dampener on annual results.
Thu 06 Feb 2025 07:03
(Sharecast News) - UK engineering company IMI on Thursday said it had been hit by a cyber attack on its computer systems.
Wed 05 Feb 2025 16:15
(Sharecast News) - Investec upgraded its stance on housebuilder Crest Nicholson on Wednesday to 'buy' from 'hold'.
Wed 05 Feb 2025 12:54
(Sharecast News) - Analysts at Berenberg hiked their target price on RHI Magnesita from 4,150.0p to 4,400.0p on Wednesday, noting that the group's recent acquisition of Resco had provided it with better US access.
Wed 05 Feb 2025 11:41
(Sharecast News) - JPMorgan has raised its target price for precious metals miner Fresnillo from 900p to 1,000p and named the stock its top pick among the EMEA-listed gold mining sector.
Wed 05 Feb 2025 10:59
(Sharecast News) - Woodbois said in an update on Wednesday that it was facing financial strain following last year's operational disruptions, which included a production halt and management changes.
Wed 05 Feb 2025 10:11
(Sharecast News) - JTC reported a strong 2024 performance in an update on Wednesday, the first year of its four-year 'Cosmos era' business plan, which aimed to double revenue and underlying EBITDA from 2023 levels.
Wed 05 Feb 2025 09:50
(Sharecast News) - Jefferies downgraded Raspberry Pi on Wednesday to 'hold' from 'buy' "pending visibility of recovery", but hiked the price target to 770p from 448p.
Wed 05 Feb 2025 09:35
(Sharecast News) - RBC Capital Markets upgraded Schroders on Wednesday to 'outperform' from 'sector perform' ahead of full-year results on 6 March.
Wed 05 Feb 2025 08:47
(Sharecast News) - Sales and marketing firm DCC said on Wednesday that it had delivered a "robust" Q3 performance, with adjusted operating profits broadly in line with the prior year.
Wed 05 Feb 2025 08:35
(Sharecast News) - Convenience foods group Greencore outlined new financial targets on Wednesday, pointing to mid-single digit growth in revenues and profits over the medium term as it unveils a "refined strategic direction" at a shareholder meeting.
Wed 05 Feb 2025 08:06
(Sharecast News) - TotalEnergies raised its dividend and said it would keep buying back shares despite annual profit falling by a fifth amid weaker crude prices and demand.
Wed 05 Feb 2025 08:02
(Sharecast News) - Marine engineering services firm James Fisher said on Wednesday that it had delivered a "solid overall trading performance" in H2 as its turnaround programme progressed as planned.
Wed 05 Feb 2025 07:42
(Sharecast News) - Novo Nordisk reported better-than-expected fourth quarter profit on the back of surging demand for its Wegovy weight loss drug but also said 2025 sales growth would slow slightly as competition for obesity treatments intensified.
Wed 05 Feb 2025 07:24
(Sharecast News) - Nissan has reportedly cancelled merger discussions with Honda, sending shares in the latter higher on Wednesday.
Wed 05 Feb 2025 07:19
(Sharecast News) - GSK's annual revenues were held back weak vaccines sales, but shares in the pharma giant jumped on Wednesday after the company unveiled plans to buy back £2bn of stock over the next 18 months and raised its guidance for long-term growth.
Wed 05 Feb 2025 07:13
(Sharecast News) - SSE said in an update on Wednesday that it expects full-year adjusted earnings per share for 2024-2025 to range between 154p and 163p, reflecting solid operational performance amid variable weather conditions in the third quarter.
Wed 05 Feb 2025 07:03
(Sharecast News) - Shares in Grainger jumped on Wednesday as the private housing provider said net rental income rose 15% year on year in the four months to the end of January 2025, driven by strong demand and portfolio growth, and added that government plans to build more homes "further strengthens our outlook for the future".
Tue 04 Feb 2025 17:17
(Sharecast News) - Investors' attention in the middle of the week will be trained on a slew of survey results covering services sector activity around the world.
Tue 04 Feb 2025 15:49
(Sharecast News) - Shares in London-listed miner Ferrexpo tanked on Tuesday after the company said a civil claim worth 157 billion Ukrainian hryvnia (£3bn) had been filed against its Ukrainian unit Ferrexpo Poltava Mining (FPM) in relation to alleged sale of waste products from the production of iron ore pellets.
Tue 04 Feb 2025 13:46
(Sharecast News) - RBC Capital Markets downgraded Upper Crust and Ritazza owner SSP to 'sector perform' from 'outperform' on Tuesday as it said there was more valuation upside elsewhere in the travel retail sector.
Tue 04 Feb 2025 12:07
(Sharecast News) - Entain surged on Tuesday after its US betting joint venture BetMGM reported a rise in revenue and said it expects to return to profitability.
Tue 04 Feb 2025 10:14
(Sharecast News) - Analysts at Berenberg lowered their target price on market research firm YouGov from 810.0p to 760.0p on Tuesday following the group's H125 trading update earlier in the morning.
Tue 04 Feb 2025 09:59
(Sharecast News) - RBC Capital Markets upgraded Dunelm on Tuesday to 'outperform' from 'sector perform' as it said the stock's valuation was undemanding.
Tue 04 Feb 2025 09:50
(Sharecast News) - The High Court will hear claims by Azzurro Associates after defects in Funding Circle's documentation and processes have left it unable to pursue small business owners over personal guarantees.
Tue 04 Feb 2025 09:31
(Sharecast News) - Low-cost carrier Wizz Air said on Tuesday that it had carried 4.93m passengers in January, a 4% increase year-on-year.
Tue 04 Feb 2025 09:22
(Sharecast News) - YouGov reported modest underlying first-half growth in an update on Tuesday, supported by stabilisation in its core business and a return to growth in its data products division.
Tue 04 Feb 2025 09:18
(Sharecast News) - Tullow Oil said on Tuesday that it has appointed Richard Miller as interim chief executive officer and chief financial officer with effect from 14 February.
Tue 04 Feb 2025 09:15
(Sharecast News) - Banking group Standard Chartered has chosen banking veteran Maria Ramos as its new chair, who is set to succeed José Viñals who will retire from the board at the end of his nine-year term this May.
Tue 04 Feb 2025 08:47
(Sharecast News) - Staffline's share price jumped by a quarter on Tuesday after the recruitment and training firm exceeded market expectations with its results for 2024, though the trading outlook pointed to ongoing challenges.
Tue 04 Feb 2025 08:30
(Sharecast News) - Transport company Mobico has announced that its chair of two years Helen Weir has decided to step down for personal reasons.
Tue 04 Feb 2025 08:07
(Sharecast News) - JPMorgan Cazenove placed Barratt Redrow on 'positive catalyst watch' on Tuesday ahead of its capital markets day, as it took a look at UK housebuilders.
Tue 04 Feb 2025 07:30
(Sharecast News) - FirstGroup said on Tuesday that it has bought Matthews Coach Hire, an independent, family-owned coach and bus operator in Ireland, for an undisclosed sum.
Tue 04 Feb 2025 07:26
(Sharecast News) - UK housebuilder Crest Nicholson said it has seen a slight improvement in its sales performance since the start of the new year financial year, though tough conditions and one-off fire-safety charge over the 12 months to 31 October saw it swing to a substantial annual loss.
Tue 04 Feb 2025 07:13
(Sharecast News) - Shares in Vodafone tumbled on Tuesday as the telecoms giant reported another revenue decline in its key German market, denting a solid overall third quarter performance across other regions that helped to beat analyst expectations.
Tue 04 Feb 2025 07:07
(Sharecast News) - Beverages giant Diageo has pulled its medium-term guidance ahead of incoming tariffs on Mexican and Canadian imports by the Trump administration, saying it cannot yet accurately predict how additional duties will affect its financial performance.
Mon 03 Feb 2025 16:17
(Sharecast News) - The market spotlight on Tuesday will be on everything having to do with the tariffs being levied by the US on Canada, China and Mexico.
Mon 03 Feb 2025 13:00
(Sharecast News) - Analysts at Canaccord Genuity lowered their target price on Ultimate Products from 182.0p to 130.0p on Monday, noting that "challenging UK conditions" had persisted.
Mon 03 Feb 2025 12:03
(Sharecast News) - Private equity firm KKR is reportedly advancing plans to play a crucial role in a rescue of Thames Water.
Mon 03 Feb 2025 10:28
(Sharecast News) - Citi reiterated its 'buy' rating on Diageo on Monday as one of its core picks for 2025 as it said first-half results were on track to deliver.
Mon 03 Feb 2025 10:09
(Sharecast News) - Low-sodium salt maker MicroSalt has raised $2.3m in an oversubscribed fundraising, which it intends to use to build inventory and increase sales and marketing, as sales momentum continues to rise.
Mon 03 Feb 2025 09:39
(Sharecast News) - Zigup, formerly Redde Northgate, said on Monday that it has appointed Rachel Coulson as its new chief financial officer, succeeding Philip Vincent, whose departure is planned for 28 March.
Mon 03 Feb 2025 08:57
(Sharecast News) - Fast-fashion retailer Asos has received a vote of confidence after two leading credit insurers reinstated cover for its clothing suppliers.
Mon 03 Feb 2025 08:23
(Sharecast News) - Financial advisers Frenkel Topping reported double-digit top-line growth in 2024 and delivered a confident outlook, though profits didn't grow.
Mon 03 Feb 2025 08:10
(Sharecast News) - Tools and equipment rental firm Speedy Hire tumbled on Monday as it warned that full-year profit was set to be lower than expected due to the "challenging start" to its final quarter and ongoing macroeconomic uncertainty.
Mon 03 Feb 2025 08:04
(Sharecast News) - Hostel operator Safestay said on Monday that revenues hit a fresh record high in FY24 despite continued cost-of-living pressures impacting its core young traveller demographic.
Mon 03 Feb 2025 07:50
(Sharecast News) - The share price of Ultimate Products plummeted on Monday after the homeware brands group disappointed investors with a profit warning as a result of weaker sales and higher costs.
Mon 03 Feb 2025 07:48
(Sharecast News) - hVIVO announced on Monday that it has signed a contract with Inhalon Biopharma to conduct a human challenge trial assessing the efficacy of IN-002, an inhaled antiviral candidate for treating respiratory syncytial virus (RSV) infections.
Mon 03 Feb 2025 07:26
(Sharecast News) - Deutsche Bank downgraded HSBC on Monday to 'hold' from 'buy' but lifted the price target to 910p from 830p after recent share price gains.
Mon 03 Feb 2025 07:24
(Sharecast News) - Bank of Georgia Group announced on Monday that its Armenian banking subsidiary Ameriabank has secured a €105m loan agreement with the European Investment Bank (EIB Global).
Mon 03 Feb 2025 07:21
(Sharecast News) - UK Continental Shelf-focused oil explorer Serica Energy has announced that its license to operate the part-owned Rhum field has been extended by two months.
Mon 03 Feb 2025 07:02
(Sharecast News) - AstraZeneca's Imfinzi has been recommended for approval in the European Union (EU) as a monotherapy for the treatment of adults with limited-stage small cell lung cancer (LS-SCLC) whose disease has not progressed following platinum-based chemoradiation therapy.
Fri 31 Jan 2025 14:54
(Sharecast News) - Deutsche Bank upgraded Pennon on Friday to 'hold' from 'sell' and lifted the price target to 570p from 490p following the "deeply discounted" rights issue earlier this week.
Fri 31 Jan 2025 13:54
(Sharecast News) - UBS upgraded its stance on Next on Friday to 'buy' from 'neutral' and lifted the price target to 11,700p from 10,500p.
Fri 31 Jan 2025 11:37
(Sharecast News) - US oil giant Exxon Mobil fourth quarter profits beat estimates, despite weaker oil prices and refining margins, driven by increased production in the Permian basin at home, and in Guyana.
Fri 31 Jan 2025 10:09
(Sharecast News) - Fusion Antibodies announced on Friday that its OptiMAL validation project with the US National Cancer Institute (NCI) was progressing as planned.
Fri 31 Jan 2025 09:27
(Sharecast News) - Analysts at Berenberg lowered their target price on Endeavour Mining from 2,400.0p to 2,300.0p on Friday but said yields looked "strong" as gold nears record highs.
Fri 31 Jan 2025 09:20
(Sharecast News) - Defence products manufacturer Avon Technologies said on Friday that Q1 trading was in line with expectations and that its outlook for the FY remained consistent with previous guidance.
Fri 31 Jan 2025 09:11
(Sharecast News) - Focusrite said in an update on Friday that trading for the first half of its financial year was expected to align with the board's expectations, with performance anticipated to be weighted towards the second half as channel destocking in the US eased.
Fri 31 Jan 2025 08:44
(Sharecast News) - James Halstead said it expects to hit market forecasts with its full-year forecasts, though increased confidence in international markets has been offset by subdued activity in its core UK market.
Fri 31 Jan 2025 08:20
(Sharecast News) - Tribal Group's share price surged on Friday morning after the education tech and services group delivered a bullish fourth-quarter trading update and confident outlook for 2025.
Fri 31 Jan 2025 07:42
(Sharecast News) - Octopus Renewables Infrastructure Trust reported a slight fall in net asset value (NAV) for the fourth quarter on Friday, but increased its dividend guidance for 2025.
Fri 31 Jan 2025 07:24
(Sharecast News) - Tritax Big Box reported a strong 2024 operational performance in an update on Friday, having secured £22.7m in additional contracted rent, including one of the UK's largest pre-lets of the year - a one million square foot facility leased to a global e-commerce company.
Fri 31 Jan 2025 07:05
(Sharecast News) - Shares in Smiths Group surged on Friday after the engineering business said it was selling its electronic connectors unit and would demerge or offload the detection operation as part of a strategic review that includes extending its share buyback to £500m.
Thu 30 Jan 2025 15:29
(Sharecast News) - Shares in food manufacturer Bakkavor dipped on Thursday after Unite filed an ethical trading complaint against the company and reached out to its customers amid an ongoing dispute over pay.
Thu 30 Jan 2025 15:08
(Sharecast News) - Fintel reported a strong full-year financial and strategic performance in an update on Thursday, with revenue increasing 21% to £78.3m, driven by organic growth and acquisitions.
Thu 30 Jan 2025 14:12
(Sharecast News) - Friday will bring with it key readings for US inflation, as well as a barrage of data on Germany, the euro area's largest economy.
Thu 30 Jan 2025 12:48
(Sharecast News) - Analysts at Berenberg downgraded exploration and development firm Adriatic Metals from 'buy' to 'hold' on Thursday and cut its target price on the stock from 220.0p to 180.0p following Q4 results from the firm a day earlier.
Thu 30 Jan 2025 10:56
(Sharecast News) - St James's Place reported a strong 2024 performance in an update on Thursday, with gross inflows rising 20% to £18.41bn.
Thu 30 Jan 2025 10:49
(Sharecast News) - Shares in ITM Power sparked on Thursday as it posted a narrowing of its interim losses and lifted cash guidance for the year.
Thu 30 Jan 2025 10:32
(Sharecast News) - AIM-listed veterinary services group CVS saw a drop in underlying revenues in its first half, and said it was stepping up its investments in Australia to make up for uncertainty in the UK.
Thu 30 Jan 2025 10:31
(Sharecast News) - Marketing business Next 15 warned on Thursday that profits for the twelve months ending 31 January would be at the bottom end of expectations despite "an encouraging uptick" in new business wins in the latter half of the year.
Thu 30 Jan 2025 10:23
(Sharecast News) - Natural extracts and ingredients business Treatt said on Thursday that Q1 revenues were in line with internal expectations and that Q2 had "started well".
Thu 30 Jan 2025 10:10
(Sharecast News) - Oil and gas exploration firm Tullow Oil said on Thursday that it was exploring a potential sale of its non-core assets as part of an effort to bring its debt below $1.0bn.
Thu 30 Jan 2025 10:09
(Sharecast News) - Metro Bank has confirmed it is in talks to offload its performing consumer loan portfolio, as part of a wider plan to refocus on commercial lending.
Thu 30 Jan 2025 10:00
(Sharecast News) - Over-50s specialist Saga lifted its full-year profit expectations on Thursday as it said it had successfully refinanced its corporate debt in full.
Thu 30 Jan 2025 09:13
(Sharecast News) - Gambling and gaming operator Rank Group boosted its full-year guidance on Thursday, following strong trading over the Christmas and New Year holidays.
Thu 30 Jan 2025 09:03
(Sharecast News) - Electronic components manufacturer DiscoverIE said on Thursday that it remains on track to deliver full-year underlying earnings in line with internal expectations.
Thu 30 Jan 2025 09:01
(Sharecast News) - Airtel Africa reported a strong operating performance for the nine months ended 31 December, with revenue growth of 20.4% in constant currency, although reported revenue was down 5.8% due to currency devaluations, as it launched a second $100m share buyback.
Thu 30 Jan 2025 08:56
(Sharecast News) - Ricardo shares tanked on Thursday as it said full-year results will be below consensus expectations due to order delays in several end markets.
Thu 30 Jan 2025 08:51
(Sharecast News) - Public services firm Serco has agreed to acquire Northrop Grumman's mission training and satellite ground network communications software business for $327.0m in cash.
Thu 30 Jan 2025 08:46
(Sharecast News) - Online auction marketplace operator Auction Technology Group has maintained its annual guidance after an in-line first-quarter performance.
Thu 30 Jan 2025 08:41
(Sharecast News) - Telecommunications giant BT said on Thursday that Q3 revenues had fallen amid weaker phone sales and a struggling business unit.
Thu 30 Jan 2025 08:40
(Sharecast News) - Hollywood Bowl said it had made a strong start to the financial year with record revenue in the UK and Canada in December.
Thu 30 Jan 2025 08:34
(Sharecast News) - Wizz Air tumbled on Thursday as it reported a narrowing of its third-quarter losses but cut its full-year profit forecast as it deals with issues related to engine groundings.
Thu 30 Jan 2025 08:09
(Sharecast News) - Mining and commodities giant Glencore delivered on its targets for 2024 production volumes on the back of stronger second-half performances from its key commodities.
Thu 30 Jan 2025 08:02
(Sharecast News) - Convenience food business Greencore said on Thursday that Q1 revenues were up after it made a "positive start to FY25 trading".
Thu 30 Jan 2025 07:55
(Sharecast News) - Oil giant Shell lifted its dividend on Thursday even as it posted a bigger-than-expected drop in fourth-quarter profits.
Thu 30 Jan 2025 07:39
(Sharecast News) - Media group Future said on Thursday that it has appointed Kevin Li Ying as its new chief executive officer with effect from 31 March, succeeding Jon Steinberg.
Thu 30 Jan 2025 07:27
(Sharecast News) - LSL Property Services reported a strong 2024 financial performance on Thursday, with full-year results ahead of expectations and significantly improved from the prior year, as it also announced the appointment of its next chief executive officer.
Thu 30 Jan 2025 07:08
(Sharecast News) - Corporate software group Sage said it has made a strong start its new financial year with revenues rising by a tenth in the first quarter, as all regions delivered solid growth.
Wed 29 Jan 2025 17:04
(Sharecast News) - All eyes on Thursday will be on the European Central Bank, as policymakers in Frankfurt meet to decide on interest rates.
Wed 29 Jan 2025 14:03
(Sharecast News) - Tesco said on Wednesday that it plans to cut 400 jobs as it looks to simplify the business.
Wed 29 Jan 2025 13:07
(Sharecast News) - The slow death of high street banking continued on Wednesday as Lloyds Banking Group said it was closing another 136 branches across the UK.
Wed 29 Jan 2025 12:25
(Sharecast News) - The Post Office has reportedly unveiled plans for scores more job cuts as part of a transformation plan aimed at boosting payouts for thousands of sub-postmasters.
Wed 29 Jan 2025 11:56
(Sharecast News) - Marechale Capital's share price rocketed on Wednesday as speculation begins to build ahead of a planning meeting that could greenlight the largest lithium extraction facility in the UK.
Wed 29 Jan 2025 11:29
(Sharecast News) - Canaccord Genuity has lifted its target price for auto and bike parts retailer Halfords by 12% following this week's unscheduled profit upgrades, but has kept a neutral stance on the stock, citing an uncertain outlook.
Wed 29 Jan 2025 10:23
(Sharecast News) - Learning Technologies Group (LTG) updated the market on the recommended 100p-per-share acquisition of the company by Leopard UK Bidco - a newly-formed entity owned by funds managed by General Atlantic - on Wednesday, with the offer declared final.
Wed 29 Jan 2025 10:07
(Sharecast News) - Shares in Cykel AI surged on Wednesday after the company wasted no time in integrating the hyped DeepSeek R1 open-source large language model across its digital worker platform, which it says will cut future AI infrastructure costs by up to 96%.
Wed 29 Jan 2025 10:00
(Sharecast News) - Pennon Group announced a fully underwritten £490m rights issue to support its investment programme through to 2030 on Wednesday.
Wed 29 Jan 2025 09:13
(Sharecast News) - Outsourcer Capita said on Wednesday that it has been re-selected by the Health and Safety Executive (HSE) to continue to manage the Gas Safe Register.
Wed 29 Jan 2025 09:12
(Sharecast News) - Analysts at Canaccord Genuity raised their target price on home improvement retailer Wickes from 180.0p to 198.0p on Wednesday as a "resilient" Q4 performance drove an upgrade to FY24 adjusted pre-tax profits.
Wed 29 Jan 2025 09:11
(Sharecast News) - Swedish automotive giant Volvo said on Wednesday that earnings had slightly improved in FY24 despite a modest downturn in Q4.
Wed 29 Jan 2025 08:40
(Sharecast News) - Retail-focused real estate investor NewRiver REIT said it had a successful third quarter, with December's takeover of Capital & Regional underpinning a positive outlook for the business.
Wed 29 Jan 2025 08:19
(Sharecast News) - FDM's share price hit a record low on Wednesday after the IT consultancy pointed to further market uncertainty and lower-than-expected results in 2025 following a 23% slump in revenues last year.
Wed 29 Jan 2025 08:09
(Sharecast News) - Berenberg initiated coverage of Mitie and Serco on Wednesday with a 'buy' rating as it said the outsourcers are "leaders in their fields and often dominate market share".
Wed 29 Jan 2025 07:54
(Sharecast News) - AJ Bell said on Wednesday that assets under administration (AuA) in its platform business hit a record in the first quarter as customer numbers grew.
Wed 29 Jan 2025 07:50
(Sharecast News) - Windfarm investor Greencoat UK Wind on Wednesday cut long-term generation and net asset value forecasts after a revision to energy yield estimates across its portfolio.
Wed 29 Jan 2025 07:47
(Sharecast News) - Precious metals miner Fresnillo met guidance with silver output in 2024 and marginally beat expectations with gold production, with full-year profits more than doubling as costs fell and commodity prices jumped.
Wed 29 Jan 2025 07:26
(Sharecast News) - Low-cost computer platform maker Raspberry Pi said it expected to make annual adjusted core earnings of at least $36m.
Wed 29 Jan 2025 07:23
(Sharecast News) - United Utilities said on Tuesday that it has accepted the UK water regulator's final determination for the next regulatory period, committing to a £13bn investment programme over the five years to March 2030.
Wed 29 Jan 2025 07:21
(Sharecast News) - WH Smith posted a 4% jump in revenue for the 21 weeks to 25 January on Wednesday as it hailed strong momentum in the travel business, while high street sales fell as expected.
Wed 29 Jan 2025 07:02
(Sharecast News) - Shares in specialist UK auto parts engineer Dowlais surged on Wednesday after it agreed terms on a £1.16bn cash and share takeover by American Axle & Manufacturing.
Tue 28 Jan 2025 17:52
(Sharecast News) - The market spotlight on Wednesday will be on the US central bank's policy announcement.
Tue 28 Jan 2025 13:09
(Sharecast News) - Specialist drug discovery and development outfit ImmuPharma has said that it can't pinpoint a reason behind its share price more than quadrapling over the past month.
Tue 28 Jan 2025 13:05
(Sharecast News) - Podcast network Audioboom reported significant growth in its UK creator network in an update on Tuesday, alongside the expansion of its UK sales team.
Tue 28 Jan 2025 12:52
(Sharecast News) - HSBC Holdings is to wind down its investment banking offering in the UK, Europe and Americas as part of a group-wide restructuring, it was reported on Tuesday.
Tue 28 Jan 2025 12:37
(Sharecast News) - OVO Energy is reported to have taken control of the brand from its founder in a move to simplify its corporate structure.
Tue 28 Jan 2025 11:41
(Sharecast News) - Customer experience and data platform (CXDP) provider dotDigital Group reported a 10% increase in revenue on a constant currency basis for the six months ended 31 December, reaching £42.4m.
Tue 28 Jan 2025 10:34
(Sharecast News) - Great Portland Estates announced on Tuesday it has let over 11,300 square feet of office space at its recently-refurbished fully managed scheme at 6 St Andrew Street, EC4, known as SIX.
Tue 28 Jan 2025 09:42
(Sharecast News) - Engineering firm Smiths Group said on Tuesday that it had been hit by a cyber security incident.
Tue 28 Jan 2025 09:18
(Sharecast News) - RBC Capital Markets lifted its price target on Burberry on Tuesday to 1,300p from 1,000p as it upped estimates after the third-quarter trading update.
Tue 28 Jan 2025 09:15
(Sharecast News) - Analysts at Berenberg lowered their target price on engineering services firm Renew Holdings from 1,350.0p to 1,200.0p on Tuesday following the company's recent trading update.
Tue 28 Jan 2025 09:13
(Sharecast News) - Building materials distributor Lords Group warned on Tuesday that adjusted underlying earnings would fall short of FY24 expectations after revenues slipped throughout the year.
Tue 28 Jan 2025 09:00
(Sharecast News) - Estate agent Foxtons said on Tuesday that revenue and adjusted operating profit for the year to the end of December 2024 were set to be ahead of market expectations after "another year of significant earnings growth".
Tue 28 Jan 2025 08:55
(Sharecast News) - SThree posted a slide in fees and earnings on Tuesday and warned of a tough year to come, as it continued to battle a weakened jobs market.
Tue 28 Jan 2025 08:52
(Sharecast News) - Shares in Martin Sorrell's S4 Capital surged on Tuesday after the digital advertising and marketing services group revealed that 2024 results would be ahead of market expectations.
Tue 28 Jan 2025 08:50
(Sharecast News) - Capricorn Energy reported robust production from its Egyptian assets in an update on Tuesday, as well as progress on exploration commitments, and ongoing tax and contingent payment disputes.
Tue 28 Jan 2025 08:42
(Sharecast News) - Computer services business Computacenter said on Tuesday that it had delivered a "record H2 performance" as major customer numbers also hit an all-time high.
Tue 28 Jan 2025 08:06
(Sharecast News) - Chemicals group Synthomer pleased investors with "robust" results for 2024 despite some challenging end markets, with full-year figures expected to meet market expectations and further earnings growth predicted for 2025.
Tue 28 Jan 2025 08:01
(Sharecast News) - Home improvement retailer Wickes Group said on Tuesday that it had delivered continued sales and volume growth in retail during H2 despite "challenging market conditions".
Tue 28 Jan 2025 08:00
(Sharecast News) - Shares in AG Barr fizzed on Tuesday, after the maker of Irn-Bru reported a jump in full-year sales and profits.
Tue 28 Jan 2025 07:56
(Sharecast News) - Pets at Home backed its full-year guidance on Tuesday but reported a dip in third-quarter revenue as it pointed to a softer performance from its retail business.
Tue 28 Jan 2025 07:54
(Sharecast News) - Shares in RS Group slumped on Tuesday as the Industrial and electrical products distributor said full-year profit would be at the bottom end of guidance after third-quarter revenues fell 3% due to declining output and falling business confidence among European customers.
Tue 28 Jan 2025 07:49
(Sharecast News) - Pest control giant Rentokil Initial has said it expects to meet expectations with its 2024 results, helped by a pick-up in organic growth in North America.
Tue 28 Jan 2025 07:30
(Sharecast News) - Travel food outlet operator SSP Group held annual guidance after like for like sales grew 6% in the first quarter driven by continued structural growth across the travel industry around the world.
Tue 28 Jan 2025 07:26
(Sharecast News) - Henry Boot has said it has entered 2025 with "a bit more optimism" after a gradual improvement in market conditions helped results in the second half, though a slower expected pace of interest-rate cuts may delay a full-blown recovery.
Tue 28 Jan 2025 07:26
(Sharecast News) - Halfords surged on Tuesday as it lifted its full-year profit expectations, having traded well over the peak period.
Tue 28 Jan 2025 07:24
(Sharecast News) - Molten Ventures confirmed the appointment of Andrew Zimmermann as its chief financial officer on Tuesday, effective immediately.
Tue 28 Jan 2025 07:18
(Sharecast News) - Real estate investment trust Segro has announced that its joint venture with a Canadian pension fund has bought six logistics assets from Tritax EuroBox for €470m (£394m).
Tue 28 Jan 2025 07:03
(Sharecast News) - AstraZeneca and Daiichi Sankyo's Enhertu has been approved in the US for the treatment of adults with HER2 breast cancer, after disease progression having had one or more hormone therapies.
Mon 27 Jan 2025 14:57
(Sharecast News) - A potential sale of WH Smith's high street business would remove a reason not to buy the shares and make it a more attractive "pure-play", RBC Capital Markets said in a note on Monday.
Mon 27 Jan 2025 12:49
(Sharecast News) - Analysts at Berenberg lowered their target price on exploration and production firm Energean from 1,045.0p to 940.0p on Monday following the group's recent FY trading update.
Mon 27 Jan 2025 11:37
(Sharecast News) - UBS upgraded British American Tobacco on Monday to 'buy' from 'neutral', hiked the price target to 3,900p from 3,000p and made the stock its 'top pick'.
Mon 27 Jan 2025 09:32
(Sharecast News) - Oil company Genel Energy said on Monday that both production and cash flow had improved in FY24.
Mon 27 Jan 2025 09:19
(Sharecast News) - Last week's sell-off in Inchcape's shares was overdone, according to analysts at Citi, which retained a 'buy' rating on the stock.
Mon 27 Jan 2025 08:57
(Sharecast News) - German business sentiment unexpectedly improved a little in January but companies remained pessimistic, according to a survey released on Monday by the Ifo Institute.
Mon 27 Jan 2025 08:12
(Sharecast News) - Shares in Good Energy jumped on Monday after the Chippenham-based renewable electricity company said it has finally recommended a takeover worth £99m by Dubai's Esyasoft after months of negotiations.
Mon 27 Jan 2025 08:12
(Sharecast News) - Shares in Good Energy jumped on Monday after the Chippenham-based renewable electricity company said it has finally recommended a takeover worth £99m by Dubai's Esyasoft after months of negotiations.
Mon 27 Jan 2025 08:08
(Sharecast News) - Construction firm Costain said on Monday that trading had been "positive" in FY24, with adjusted operating profits expected to be in line with market expectations of £41.9m-43.3m.
Mon 27 Jan 2025 08:01
(Sharecast News) - Drinks maker Diageo said on Sunday that it has no intention to sell its Guinness brand or its stake in Moët Hennessy.
Mon 27 Jan 2025 07:31
(Sharecast News) - Budget airline Ryanair on Monday cut its passenger forecast again, citing continuing delivery delays from Boeing.
Mon 27 Jan 2025 07:25
(Sharecast News) - Dr Martens backed its full-year guidance on Monday as the iconic boot maker reported an uptick in revenue thanks to a solid performance from the ecommerce segment.
Mon 27 Jan 2025 07:23
(Sharecast News) - Diversified Energy announced an agreement on Monday to acquire Maverick Natural Resources, a portfolio company of EIG, for $1.275bn.
Mon 27 Jan 2025 07:20
(Sharecast News) - Johnson Matthey said in an update on Monday that despite challenging market conditions, it had made significant progress with its transformation strategy, and was taking additional steps to enhance cash generation and returns on capital.
Mon 27 Jan 2025 07:08
(Sharecast News) - GSK has announced that a pre-filled syringe version of its Shingrix shingles vaccine has been accepted for review by the European Medicines Agency.
Mon 27 Jan 2025 07:04
(Sharecast News) - WH Smith confirmed it was looking at potential strategic options for its high street stores, including a possible sale of the "profitable and cash-generative" unit after media speculation over the weekend.
Fri 24 Jan 2025 14:12
(Sharecast News) - Analysts at Berenberg slightly raised their target price on wealth management firm Quilter from 140.0p to 145.0p on Friday following the group's "strongest quarter of the year" for flows.
Fri 24 Jan 2025 12:14
(Sharecast News) - British Land said on Friday that Broadgate REIT, which it owns equally with Singapore's GIC, has formed a new joint venture with Abu Dhabi-based holding company Modon to deliver 2 Finsbury Avenue, a 750,000 sq ft development at Broadgate.
Fri 24 Jan 2025 12:03
(Sharecast News) - Kitchen gadgets and baking supplies retailer Lakeland is studying a potential sale of the business, according to reports, as the company struggles with rising costs.
Fri 24 Jan 2025 10:29
(Sharecast News) - Water company Severn Trent said on Friday that its financial performance for the year remained on track and that it expects to perform in line with guidance.
Fri 24 Jan 2025 09:54
(Sharecast News) - UK Big Four grocer Morrisons has announced that it is cutting more than 200 jobs as part of a cost-cutting exercise as it faces rising costs linked to the changes announced in the Autumn Budget.
Fri 24 Jan 2025 08:37
(Sharecast News) - Record's share price jumped on Friday after the specialist currency and asset manager said full-year revenues would be ahead of market forecasts following a solid third quarter.
Fri 24 Jan 2025 08:14
(Sharecast News) - Bloomsbury Publishing announced a new long-term supply agreement with Amazon on Friday, reinforcing its ongoing relationship with the global e-commerce giant.
Fri 24 Jan 2025 08:00
(Sharecast News) - Energy storage and clean fuel company ITM Power said on Friday that it has been contracted by a European energy company to jointly develop a standard design configuration for a 10MW green hydrogen production plant.
Fri 24 Jan 2025 07:56
(Sharecast News) - Rolls-Royce said on Friday that it has been awarded the biggest UK Ministry of Defence (MoD) contract in its history.
Fri 24 Jan 2025 07:48
(Sharecast News) - Specialist buy-to-let mortgage lender Paragon Bank held annual guidance and said first-quarter margins had been running above expectations.
Fri 24 Jan 2025 07:44
(Sharecast News) - Arts, crafts, books and stationery retailer The Works trimmed losses in the first half on the back of cost savings and actions taken to grow product margins, as the company reiterated profit guidance for the full year.
Fri 24 Jan 2025 07:31
(Sharecast News) - Citi downgraded Anglo American on Friday to 'neutral' from 'buy' and cut the price target to 2,800p from 3,000p as it said that sum of the parts upside appears limited.
Fri 24 Jan 2025 07:25
(Sharecast News) - Compound semiconductor wafer products supplier IQE announced the expansion of its partnership with Quintessent on Friday, to establish the world's first large-scale quantum dot laser and semiconductor optical amplifier epitaxial wafer supply chain.
Fri 24 Jan 2025 07:22
(Sharecast News) - The rate of sales decline at Burberry eased significantly in the luxury fashion brand's third quarter as recent actions to turn the business around started to bear fruit.
Thu 23 Jan 2025 15:01
(Sharecast News) - Citi downgraded its stance on JD Sports on Thursday to 'neutral' from 'buy' and cut its price target to 95p from 150p as it pointed to a weaker growth outlook.
Thu 23 Jan 2025 12:34
(Sharecast News) - Sainsbury's said on Thursday that it would be cutting 3,000 jobs, including a 20% reduction of senior management roles, as it closes its remaining patisserie, hot food and pizza counters.
Thu 23 Jan 2025 12:34
(Sharecast News) - The UK competition watchdog has launched an investigation into Google and Apple's dominance across smartphone ecosystems, it confirmed on Thursday.
Thu 23 Jan 2025 12:24
(Sharecast News) - Inchcape tumbled on Thursday as JPMorgan Cazenove downgrades shares of the car dealership to 'neutral' from 'overweight' and slashed the price target to 800p from 1,050p.
Thu 23 Jan 2025 12:09
(Sharecast News) - The UK's financial watchdog said on Thursday that wholesale brokers must do more to improve their money laundering safeguards.
Thu 23 Jan 2025 11:55
(Sharecast News) - Payment solutions specialist Boku reported strong trading in a full-year update on Thursday, with group revenue set to exceed $99m, representing year-on-year growth of about 20%.
Thu 23 Jan 2025 11:40
(Sharecast News) - Shore Capital has reiterated its 'buy' rating for Spectris after an encouraging update from the precision instruments group on Thursday, saying it sees the potential for a material ratings upgrade.
Thu 23 Jan 2025 11:38
(Sharecast News) - Citi upgraded Auto Trader to 'buy' from 'neutral' on Thursday and lifted the price target to 946p from 881p as it said it was in "pole position to outperform".
Thu 23 Jan 2025 11:21
(Sharecast News) - Analysts at Berenberg slashed their target price on liquid biopsy specialist Angle from 70.0p to 40.0p on Thursday but said the group was "repositioned for growth" in FY25.
Thu 23 Jan 2025 11:08
(Sharecast News) - Kent-based brewer Shepherd Neame has unveiled a £0.5m share buyback programme as it reported strong Christmas trading, helped by record takings from a number of pubs.
Thu 23 Jan 2025 11:02
(Sharecast News) - Investors' attention at the end of the week will be on a raft of purchasing managers' surveys due out in the euro area, US and UK.
Thu 23 Jan 2025 10:10
(Sharecast News) - Switzerland-based iron ore miner Ferrexpo has announced that legal proceedings against its Ukrainian subsidiary have finally been resolved after 10 months.
Thu 23 Jan 2025 09:34
(Sharecast News) - Shares in Mortgage Advice Bureau sparked on Thursday after the financial services firm said full-year pre-tax profit was set to be above consensus expectations and that it had outperformed the market.
Thu 23 Jan 2025 09:03
(Sharecast News) - Kooth, the youth digital mental healthcare company, has reported that its boss Tim Barker is to step down later this year, ahead of its annual results which are expected to show that profits beat market forecasts.
Thu 23 Jan 2025 08:44
(Sharecast News) - Norway's central bank kept interest rates unchanged on Thursday at a 17-year high of 4.5%, as it said rates will likely be cut in March.
Thu 23 Jan 2025 08:42
(Sharecast News) - Shares in British semiconductor wafer maker IQE jumped on Thursday after the company reported that 2024 profits would beat expectations.
Thu 23 Jan 2025 08:40
(Sharecast News) - Workspace Group reported a 1.1% increase in like-for-like rent per square foot to £47.54 for its third quarter on Thursday, reflecting continued pricing momentum despite softer occupancy levels.
Thu 23 Jan 2025 08:28
(Sharecast News) - Exploration and production firm Energean said on Thursday that FY24 marked another year of growth in both sales and profitability.
Thu 23 Jan 2025 08:09
(Sharecast News) - Outsourcing group Mitie said on Thursday that it had delivered record quarterly revenues in the three months ended 31 December, reflecting "strong organic growth" throughout the period.
Thu 23 Jan 2025 08:00
(Sharecast News) - Ecommerce group THG said it expects a return to growth in 2025 for its remaining businesses after the demerger of its tech division Ingenuity, with underlying trends picking up in its end-markets.
Thu 23 Jan 2025 07:58
(Sharecast News) - Shares in CMC Markets tumbled on Thursday after the trading platform issued a very brief trading update, saying it remains on track to deliver annual net operating income in line with previous guidance.
Thu 23 Jan 2025 07:51
(Sharecast News) - Australian bank Macquarie has been given an extension on its deadline to table a firm bid for waste management company Renewi to February 13 or walk away.
Thu 23 Jan 2025 07:43
(Sharecast News) - Capricorn Energy said it had received $50m from Woodside Energy after satisfying all terms and conditions under the sale and purchase agreement relating to the disposal of its production sharing contract (PSC) interests in Senegal.
Thu 23 Jan 2025 07:42
(Sharecast News) - Online trading platform IG Group reported a jump in interim profit on Thursday in "more supportive market conditions" and said it was extending its share buyback programme.
Thu 23 Jan 2025 07:33
(Sharecast News) - Gulf Keystone Petroleum reported growth in revenue, production and shareholder returns in a full-year update on Thursday, with revenue reaching $151m, a 22% increase from the prior year's $124m.
Thu 23 Jan 2025 07:27
(Sharecast News) - Casual-dining hospitality group SSP has announced that its deputy chief executive and long-standing chief financial officer is to leave the company after two decades.
Thu 23 Jan 2025 07:12
(Sharecast News) - Precision instruments supplier Spectris said it expects to beat market expectations with its 2024 results.
Thu 23 Jan 2025 07:01
(Sharecast News) - Clothing retailer Primark cut its sale growth target to low-single digits in fiscal 2025 after warmer autumn weather and cautious consumers dented UK revenues in the 16 weeks to January 4.
Wed 22 Jan 2025 16:24
(Sharecast News) - The market spotlight on Thursday will continue to be on the US President.
Wed 22 Jan 2025 13:39
(Sharecast News) - Beeks Financial Cloud confirmed on Wednesday that Nasdaq is its major Exchange Cloud customer announced in February last year, with the service now live within Nasdaq's core data centre in Carteret, New Jersey.
Wed 22 Jan 2025 09:27
(Sharecast News) - Analysts at Canaccord Genuity slightly raised their target price on exploration and development firm Greatland Gold from 17.0p to 19.0p on Tuesday as it updated its model on the stock following its December production figures.
Wed 22 Jan 2025 08:58
(Sharecast News) - Berenberg has highlighted is key picks in the UK-listed industrials sector for 2025, saying it continues to favour "quality compounders" and cyclical stocks with good exposure to a recovery in end-markets.
Wed 22 Jan 2025 08:01
(Sharecast News) - Alternative asset manager Intermediate Capital Group impressed investors with a third-quarter update on Wednesday after reporting a 5.1% increase in assets under management and strong fundraising activity.
Wed 22 Jan 2025 07:58
(Sharecast News) - Shares in Hochschild Mining plunged on Wednesday after the South America-focused miner forecast higher production costs due to soaring inflation in Argentina and a slower-than-expected ramp up of operations at its Mara Rosa mine in Brazil.
Wed 22 Jan 2025 07:52
(Sharecast News) - Wealth manager Quilter reported a jump in assets under management on Wednesday, after net inflows soared.
Wed 22 Jan 2025 07:37
(Sharecast News) - JPMorgan Cazenove upgraded Aviva on Wednesday to 'overweight' from 'neutral' and lifted the price target to 615p from 555p as it assessed the valuation upside from the Direct Line acquisition.
Wed 22 Jan 2025 07:23
(Sharecast News) - London-focused property group Great Portland Estates said it saw "strong leasing success" over the third quarter ended 31 December, with new leasing deals secured well ahead of estimated rental value (ERV).
Wed 22 Jan 2025 07:22
(Sharecast News) - Shares in Trainline were sliding on Wednesday morning, even after the UK government committed to a competitive private sector ticket retail market in the rail industry on Wednesday, as part of an update from the Department for Transport (DfT) regarding future online rail ticket retailing.
Wed 22 Jan 2025 07:22
(Sharecast News) - Exploration and production firm EnQuest has agreed to acquire Harbour Energy's Vietnamese operations, which includes a 53.125% equity interest in the Chim Sáo and Dua production fields.
Wed 22 Jan 2025 07:04
(Sharecast News) - UK pub chain Wetherspoons said increases in the minimum wage and employer national insurance contributions would cost £60m as it reported a 5.1% jump in like-for-like sales in the 25 weeks to January 19.
Wed 22 Jan 2025 07:01
(Sharecast News) - Shares in easyJet were on the descent on Wednesday after the budget airline narrowly missed consensus forecasts for top-line growth in its first quarter, though losses more than halved year-on-year.
Tue 21 Jan 2025 16:36
(Sharecast News) - Financial markets' focus in the middle of the week will be on the latest public sector net borrowing numbers.
Tue 21 Jan 2025 15:51
(Sharecast News) - Analysts at Canaccord Genuity raised their target price on palm oil business MP Evans from 1,350.0p to 1,400.0p on Tuesday, stating the group was "continuing on the right path".
Tue 21 Jan 2025 12:43
(Sharecast News) - Analysts at Berenberg lowered their target price on essential components manufacturer Essentra from 200.0p to 170.0p on Tuesday, stating it had tempered its outlook for the group's FY25 trading performance.
Tue 21 Jan 2025 12:29
(Sharecast News) - Boohoo shareholders rejected an attempt by Frasers Group to remove co-founder Mahmud Kamani from the company's board on Tuesday.
Tue 21 Jan 2025 11:36
(Sharecast News) - 4imprint Group reported strong financial performance for the year ended 28 December in an update on Tuesday, with unaudited revenue expected to reach $1.37bn, representing a 3% increase from $1.33bn in the prior year.
Tue 21 Jan 2025 11:15
(Sharecast News) - Critical power control components manufacturer XP Power said on Tuesday that it expects adjusted operating profits to still be within the £25.1m-27.6m range of current consensus expectations despite seeing both order intake and revenue fall in FY24.
Tue 21 Jan 2025 10:27
(Sharecast News) - Shares in car finance providers rallied on Tuesday, after the government reportedly intervened in favour of the under-pressure industry.
Tue 21 Jan 2025 10:15
(Sharecast News) - Pub landlord Marston's said on Tuesday that it had delivered "strong growth" over the key festive trading period, with continued confidence in delivering FY25 market expectations.
Tue 21 Jan 2025 10:03
(Sharecast News) - Discount shoe retailer Shoe Zone posted a drop in full-year profit and revenue on Tuesday as it said the second half of the year was hit by weakening consumer confidence and unseasonal weather.
Tue 21 Jan 2025 10:00
(Sharecast News) - Kier Group said in an update on Tuesday that trading for the first half of its financial year was in line with the board's expectations, with performance expected to be second-half weighted, consistent with prior years.
Tue 21 Jan 2025 09:53
(Sharecast News) - Alphawave IP reported its most successful bookings quarter to date on Tuesday, securing $185.7m in new orders during the fourth quarter.
Tue 21 Jan 2025 09:32
(Sharecast News) - Freight and road payments processing business WAG Payment Solutions reported improved Q4 revenues on Tuesday, driven by sustained growth in its core divisions, and revealed that chairman Paul Manduca will be stepping down from the role at the conclusion of its next AGM.
Tue 21 Jan 2025 08:51
(Sharecast News) - Shares in Alpha Group surged on Tuesday after corporate financial solutions provider posted a strong end to the 2024 financial year with revenues rising by nearly a quarter.
Tue 21 Jan 2025 08:38
(Sharecast News) - Premier Foods said in an update on Tuesday that it now expected full-year trading at the top end of guidance, as it reported a 3.1% increase in group sales for the third quarter ended 28 December, with branded sales rising 4.6%.
Tue 21 Jan 2025 08:16
(Sharecast News) - Shares in Abrdn sparked on Tuesday, after the asset manager returned to quarterly inflows and struck an upbeat note going forward, including backing its oft-mocked, vowel-free name.
Tue 21 Jan 2025 08:02
(Sharecast News) - Essential components manufacturer Essentra said on Tuesday that it expects FY adjusted operating profits to be in line with previous guidance and current analyst expectations of £39.8m to £40.3m.
Tue 21 Jan 2025 07:56
(Sharecast News) - Cranswick backed its full-year expectations on Tuesday as it reported strong third-quarter revenue growth and announced the acquisition of UK pig genetics business JSR Genetics.
Tue 21 Jan 2025 07:30
(Sharecast News) - Elementis said on Tuesday that full-year operating profit was set to be ahead of market expectations following a strong fourth-quarter performance.
Tue 21 Jan 2025 07:23
(Sharecast News) - Tritax Big Box announced the £70m acquisition of a 74-acre site within the Slough Availability Zone at Heathrow on Tuesday, to develop a major data centre project with a total potential capacity of 147 megawatts.
Mon 20 Jan 2025 15:24
(Sharecast News) - Investors' focus on Tuesday would be on the latest UK employment figures.
Mon 20 Jan 2025 13:07
(Sharecast News) - Analysts at Canaccord Genuity initiated coverage on sales and marketing technology group Bango with a 'buy' rating and a 244.0p per share target price on Monday.
Mon 20 Jan 2025 12:57
(Sharecast News) - Online travel platform Secret Escapes has reportedly hired bankers to explore a sale nearly 15 years after its launch.
Mon 20 Jan 2025 11:46
(Sharecast News) - Analysts at Berenberg lowered the target price on scientific instruments business Judges Scientific from 11,310.0p to 10,600.0p on Monday, citing "greater clarity" following the group's FY24 trading update.
Mon 20 Jan 2025 11:19
(Sharecast News) - Shares in Trainline were sliding on Monday, as it emerged that the UK government was planning to expand contactless pay-as-you-go travel across the country's railway network as part of the priorities for the new state-owned operator Great British Railways (GBR).
Mon 20 Jan 2025 10:59
(Sharecast News) - Asia Pacific-focused oil group Jadestone Energy has announced that it exited 2024 at a record production rate of 24,000 barrels of oil equivalents per day (boe/d).
Mon 20 Jan 2025 10:36
(Sharecast News) - Pod Point tumbled on Monday as it warned that full-year revenues and net cash were set to be lower-than-expected due to ongoing weakness in the private new car segment of the electric vehicle market.
Mon 20 Jan 2025 10:32
(Sharecast News) - The board of the European Smaller Companies Trust (ESCT) urged shareholders to vote against resolutions proposed by Saba Capital Management on Monday, citing concerns that Saba's proposals would fundamentally alter the company's investment strategy.
Mon 20 Jan 2025 10:25
(Sharecast News) - Me Group International announced on Monday that it has extended its partnership with Wm Morrison Supermarkets for a further five years, strengthening its presence across the UK.
Mon 20 Jan 2025 10:08
(Sharecast News) - Regional REIT reported on Monday that active office occupation across its portfolio had surpassed pre-pandemic levels, reflecting a continued return to the office as companies encouraged employees to return to physical workspaces.
Mon 20 Jan 2025 09:59
(Sharecast News) - Kenmare Resources reported a strong operational performance for 2024 on Monday, with ilmenite production exceeding the midpoint of guidance and output of primary zircon, rutile, and concentrates surpassing the upper end of expectations.
Mon 20 Jan 2025 09:11
(Sharecast News) - Shares in Reach were rising on Monday morning, after it reported strong fourth-quarter trading leading it to expect full-year results ahead of current market expectations.
Mon 20 Jan 2025 09:09
(Sharecast News) - Jefferies has upgraded its rating for Spirax Group as part of its annual review of the listed UK industrials sector, while downgrading its stance on Smiths Group, XP Power and Judges Scientific.
Mon 20 Jan 2025 09:06
(Sharecast News) - The Financial Reporting Council (FRC) launched an investigation into KPMG on Monday, over its audit of Entain's 2022 financial statements.
Mon 20 Jan 2025 07:53
(Sharecast News) - Scientific instruments conglomerate Judges Scientific has reassured investors that results for 2024 will be in line with expectations despite a "difficult year" for the company.
Mon 20 Jan 2025 07:47
(Sharecast News) - Citi upgraded National Grid to 'buy' from 'neutral' on Monday following a period of share price underperformance, mostly driven by macro factors and flows.
Mon 20 Jan 2025 07:36
(Sharecast News) - Private rented sector investor PRS Reit has hailed a "continued strong portfolio performance" in its second quarter with estimated rental value (ERV) from completed homes rising over the three months to 31 December.
Mon 20 Jan 2025 07:30
(Sharecast News) - AstraZeneca announced on Monday that it has secured approval from the US Food and Drug Administration, alongside Daiichi Sankyo, for 'Datroway', or datopotamab deruxtecan, a treatment for adult patients with previously treated, unresectable or metastatic hormone receptor-positive, HER2-negative breast cancer.
Mon 20 Jan 2025 07:22
(Sharecast News) - European regulators have expanded the usage of GSK's Jemperli drug for endometrial cancer, the pharmaceutical firm announced on Monday.
Mon 20 Jan 2025 07:03
(Sharecast News) - Wood Group on Monday said it had won a contract to provide long-term maintenance for Esso's onshore and offshore assets in Australia's Gippsland Basin.
Fri 17 Jan 2025 10:21
(Sharecast News) - UK-based intellectual property investment group Tekcapital announced the successful completion of a £0.5m share placing on Friday.
Fri 17 Jan 2025 10:12
(Sharecast News) - Analysts at Canaccord Genuity lowered their target price on cinema operator Everyman Media Group from 180.0p to 160.0p on Friday following the group's profit warning earlier in the morning.
Fri 17 Jan 2025 09:50
(Sharecast News) - RBC Capital Markets downgraded its target price on Taylor Wimpey to 155p from 175p after its latest trading statement.
Fri 17 Jan 2025 09:35
(Sharecast News) - Investment firm Petershill Partners said on Friday that aggregate partner-form assets under management had increased 3% during Q4 and 11% year-over-year.
Fri 17 Jan 2025 09:27
(Sharecast News) - Berenberg has reiterated its 'buy' rating for homeware retailer Dunelm despite a cool reaction to the company's trading update this week, saying it still sees the stock as a defensive investment.
Fri 17 Jan 2025 08:44
(Sharecast News) - Private-label and contract-manufactured cleaning and hygiene products maker McBride reported progress in revenue growth, profitability improvement and debt reduction in a trading update on Friday, confirming that it expected full-year performance to align with internal expectations.
Fri 17 Jan 2025 08:09
(Sharecast News) - Activist investor Engine Capital has called on Smiths Group to explore a breakup.
Fri 17 Jan 2025 08:07
(Sharecast News) - Shares in Evoke surged on Friday as the William Hill and 888 owner said 2024 core profit would be at the upper end of its forecast range and ahead of market expectations, driven by its online business and punters losing their money during the fourth quarter.
Fri 17 Jan 2025 08:00
(Sharecast News) - Shares in Glencore and Rio Tinto were rising on Friday on the back of reports that the two companies have been discussing a potential merger.
Fri 17 Jan 2025 08:00
(Sharecast News) - Shares in Glencore and Rio Tinto were rising on Friday on the back of reports that the two companies have been discussing a potential merger.
Fri 17 Jan 2025 07:40
(Sharecast News) - Investment manager Ninety One reported an increase in assets under management on Friday, to £130.2bn as of 31 December.
Fri 17 Jan 2025 07:32
(Sharecast News) - Self-storage group Big Yellow delivered a cautious outlook on trading on Friday as it reported a decline in occupancy levels over the third quarter, and said it plans to cut jobs as it deals with higher National Insurance payments to employees from April.
Fri 17 Jan 2025 07:17
(Sharecast News) - DFS Furniture hailed an improved performance on Friday but warned over rising costs due to changes announced in the recent Budget.
Fri 17 Jan 2025 07:13
(Sharecast News) - AstraZeneca has announced that its Calquence drug has been approved in the US when used alongside chemoimmunotherapy for patients with previously untreated mantle cell lymphoma (MCL).
Fri 17 Jan 2025 07:03
(Sharecast News) - Telecoms testing company Spirent Communications said it expected flat annual earnings and lower revenues after a "challenging" year but reported a strong uptick of order growth in the fourth quarter.
Thu 16 Jan 2025 16:47
(Sharecast News) - Investors' focus at the end of the week will shift to the People's Republic of China.
Thu 16 Jan 2025 16:42
(Sharecast News) - Online trading app Freetrade reportedly faces a backlash from early investors after announcing a £160m sale to IG Group - a fraction of the valuation it targeted during earlier fundraising talks.
Thu 16 Jan 2025 13:59
(Sharecast News) - Advanced transport testing, simulation, and measurement specialist AB Dynamics reported solid trading performance for the first four months of the 2025 financial year on Thursday, in line with expectations.
Thu 16 Jan 2025 12:44
(Sharecast News) - Analysts at Berenberg raised their target price on reviews website operator Trustpilot from 270.0p to 330.0p on Thursday following a "positive FY24 trading update" from the group earlier this morning.
Thu 16 Jan 2025 11:39
(Sharecast News) - Ukraine-focussed iron ore producer Ferrexpo updated the market on allegations against four senior managers at its Ferrexpo Poltava Mining (FPM) subsidiary on Thursday, following the completion of an initial police probe.
Thu 16 Jan 2025 11:35
(Sharecast News) - Citi downgraded Primark owner Associated British Foods to 'sell' from 'neutral' and cut the price target to 1,770p from 2,400p.
Thu 16 Jan 2025 11:33
(Sharecast News) - BP is to slash its global workforce and axe contractor roles, it confirmed on Thursday, as part of ongoing plans to cut costs and boost profits.
Thu 16 Jan 2025 10:55
(Sharecast News) - International money transfer specialist Wise reported a strong third-quarter performance on Thursday, with cross-border volumes rising 24% to £37.8bn, or 27% on a constant currency basis, although it warned that currency headwinds would limit its full-year income growth.
Thu 16 Jan 2025 10:30
(Sharecast News) - Real estate firm Savills said on Thursday that it had delivered an "improved performance" in FY24, in line with internal expectations and "substantially ahead" of the previous year.
Thu 16 Jan 2025 10:28
(Sharecast News) - Rathbones Group saw a spike in withdrawals around the Budget, the wealth and asset manager said on Thursday, offsetting discretionary inflows.
Thu 16 Jan 2025 10:23
(Sharecast News) - Morgan Advanced Materials announced on Thursday that its chief executive officer Pete Raby would retire after a decade in the role, stepping down from the position and the board on 1 July.
Thu 16 Jan 2025 10:18
(Sharecast News) - Pub chain operator Young's said on Thursday that it had traded "exceptionally well" over the Christmas and New Year period, with total managed revenue for the five weeks ended 13 January up 30.4% and like-for-like sales up 11.6%.
Thu 16 Jan 2025 09:29
(Sharecast News) - Chilean miner Antofagasta reiterated its 2025 outlook on Thursday, despite copper production narrowly missing forecasts.
Thu 16 Jan 2025 09:26
(Sharecast News) - Review website Trustpilot surged on Thursday as it said full-year earnings were set to be ahead of consensus expectations.
Thu 16 Jan 2025 09:23
(Sharecast News) - Brickmaker Ibstock said on Thursday that it had delivered a "resilient performance" in 2024 despite it being a "challenging year" for UK construction markets.
Thu 16 Jan 2025 09:05
(Sharecast News) - Food manufacturer Bakkavor said on Thursday that it had delivered strong revenue growth in the year ended 28 December, with profit ahead of market expectations and a strengthened balance sheet.
Thu 16 Jan 2025 09:04
(Sharecast News) - DiscoverIE Group said on Thursday that it has agreed to buy Burster, a German designer and manufacturer of specialist sensors, for up to €43m (£36.3m).
Thu 16 Jan 2025 09:04
(Sharecast News) - Petershill Partners announced on Thursday that it has completed the sale of the majority of its stake in General Catalyst for a nominal consideration of $726m, representing a 62% premium to the $447m carrying value of the disposed interests as of 30 June 2024.
Thu 16 Jan 2025 08:53
(Sharecast News) - Self-storage provider Safestore said on Thursday that underlying earnings had fallen in the 12 months ended 31 October on the back of a modest reduction in revenues.
Thu 16 Jan 2025 08:23
(Sharecast News) - Money transfer company CAB Payments is axing a fifth of its staff to save cash and looking to automate more of its business through the use of artificial intelligence as a stronger dollar and political uncertainty hit demand for cross border payments.
Thu 16 Jan 2025 08:21
(Sharecast News) - Carr's Group said on Thursday that it has agreed to sell its engineering division to US-based Cadre for £75m and plans to return up to £70m of the proceeds to shareholders.
Thu 16 Jan 2025 08:16
(Sharecast News) - Recruitment firm Hays said had appointed Michael Findlay as a non-executive director and chair-designate, succeeding Andrew Martin who is retiring on May 1.
Thu 16 Jan 2025 08:03
(Sharecast News) - Online food delivery service Deliveroo said on Thursday that it had delivered a "robust" Q4 trading performance, with both gross transaction values and profitability growing in line with FY guidance.
Thu 16 Jan 2025 08:00
(Sharecast News) - IG Group said it was buying online trading platform Freetrade for £160m as it looked to expand its UK investment offering.
Thu 16 Jan 2025 07:58
(Sharecast News) - Taylor Wimpey backed its profit expectations for the full year on Thursday but sounded a note of caution as it pointed to increased build costs in 2025.
Thu 16 Jan 2025 07:29
(Sharecast News) - Pearson reported underlying sales growth of 3% for 2024 in an update on Thursday, excluding its online programme management (OPM) and strategic review businesses, alongside a 10% rise in adjusted operating profit to between £595m and £600m, equating to a 16.8% margin.
Thu 16 Jan 2025 07:23
(Sharecast News) - Avacta Therapeutics announced promising results from its ongoing phase 1a trial of AVA6000 on Thursday, demonstrating meaningful tumour shrinkage in patients with salivary gland cancer (SGC).
Thu 16 Jan 2025 07:21
(Sharecast News) - Mining giant Rio Tinto reported a fall in iron ore shipments in the fourth quarter but noted that the Chinese property market was stabilising.
Thu 16 Jan 2025 07:20
(Sharecast News) - Homeware retailer Dunelm backed its full-year profit expectations on Thursday as it reported an uptick in first-half sales despite a challenging environment.
Thu 16 Jan 2025 07:04
(Sharecast News) - Premier Inn owner Whitbread held full year guidance and said UK accommodation sales in the Christmas/New Year period were up 2%, while hotels in Germany also performed strongly.
Wed 15 Jan 2025 13:49
(Sharecast News) - Drinks maker Britvic said on Wednesday that a high court judge has approved its £3.3bn takeover by Carlsberg.
Wed 15 Jan 2025 13:00
(Sharecast News) - Deutsche Bank downgraded its stance on Watches of Switzerland to 'hold' from 'buy' on Wednesday as it said it was "time to pause".
Wed 15 Jan 2025 12:34
(Sharecast News) - Shares in US bank Wells Fargo jumped after a rise in fourth-quarter profit, driven by higher investment banking fees.
Wed 15 Jan 2025 11:16
(Sharecast News) - RBC Capital Markets upgraded sales, marketing and support services group DCC to 'outperform' from 'sector perform' on Wednesday and lifted the price target to 6,000p from 5,800p following recent weakness.
Wed 15 Jan 2025 11:04
(Sharecast News) - Liontrust Asset Management reported net outflows of £1.6bn for the three months ended 31 December on Wednesday, slightly improved from £1.7bn in the same period of 2023.
Wed 15 Jan 2025 10:45
(Sharecast News) - Shares in fintech firm Fiinu skyrocketed on Wednesday after announcing it had entered into non-binding heads of terms for its first white-label deal for its flagship Plugin Overdraft product with an independent UK bank.
Wed 15 Jan 2025 10:28
(Sharecast News) - Loungers has agreed an improved £367m bid to be taken private, the bar and restaurant operator confirmed on Wednesday, after shareholders pushed back against an earlier offer.
Wed 15 Jan 2025 09:51
(Sharecast News) - Goldman Sachs initiated coverage on student accommodation landlord Unite Group on Wednesday with a 'buy' rating, citing strong fundamentals and an attractive valuation entry point.
Wed 15 Jan 2025 09:30
(Sharecast News) - Construction firm Galliford Try said on Wednesday that it now has "increased confidence" in its ability to meet current market expectations.
Wed 15 Jan 2025 09:21
(Sharecast News) - Pub group Mitchells & Butlers reported a jump in first-quarter sales on Wednesday as it hailed a "very strong" performance over the festive period.
Wed 15 Jan 2025 09:12
(Sharecast News) - Investment manager Ashmore said on Wednesday that outflows had nearly halved during Q2 as it continued to deal with the impacts of a stronger US dollar.
Wed 15 Jan 2025 09:03
(Sharecast News) - Retirement products and services business Just Group reported "strong growth" across its defined benefit and retail businesses in 2024.
Wed 15 Jan 2025 08:40
(Sharecast News) - Asos is to close its Atlanta distribution centre as part of an overhaul of its global network, the fast fashion retailer confirmed on Wednesday, at a cost of nearly £200m.
Wed 15 Jan 2025 08:39
(Sharecast News) - Diploma reported a robust first-quarter performance on Wednesday, with reported revenue growth of 12% for the three months ended 31 December.
Wed 15 Jan 2025 08:28
(Sharecast News) - Credit reference and data company Experian on Wednesday reported a jump in third quarter revenues and said growth expectations for the full year remained unchanged.
Wed 15 Jan 2025 08:20
(Sharecast News) - Morgan Sindall said chair Michael Findlay is to retire in July after nine years in the post and had appointed Peter Harrison as a non-executive director and chair designate with effect from May 6.
Wed 15 Jan 2025 08:10
(Sharecast News) - Pfizer has further reduced its holding in Haleon, it was confirmed on Wednesday, after the drugs giant offloaded 700m shares in a £2.5bn sale.
Wed 15 Jan 2025 08:08
(Sharecast News) - Government services provider Serco has secured a new contract win that will see it support soldier readiness and performance within the US Army's Holistic Health and Fitness System.
Wed 15 Jan 2025 07:57
(Sharecast News) - RBC Capital Markets downgraded Antofagasta and Anglo American on Wednesday to 'underperform' from 'sector perform' as it took a look at European diversified miners.
Wed 15 Jan 2025 07:56
(Sharecast News) - International Distribution Services reported a slight rise in revenue during the busy Christmas period as its Royal Mail business handled more international parcels.
Wed 15 Jan 2025 07:50
(Sharecast News) - LondonMetric Property said it had sold 10 non-core properties for £74.2 million and bought seven more for £50.1m.
Wed 15 Jan 2025 07:27
(Sharecast News) - Currys raised full-year profit guidance on Wednesday after the electricals retailer reported a 2% rise in UK and Ireland underlying sales as consumers bought more AI laptops and mobile phones during the Christmas and Black Friday period.
Wed 15 Jan 2025 07:26
(Sharecast News) - Vistry Group reported a sharp decline in adjusted profit before tax for the financial year ended 31 December on Wednesday, to around £250m from £419.1m in 2023.
Wed 15 Jan 2025 07:22
(Sharecast News) - Frontier Developments reported a significant financial recovery for the six months ended 30 November on Wednesday, posting an adjusted EBITDA profit of £4.4m, a turnaround of £9.3m compared to the £4.9m loss recorded in the same period last year.
Wed 15 Jan 2025 07:20
(Sharecast News) - Animal genetics firm Genus said on Wednesday that it expects full-year adjusted pre-tax profit to be at the top end of the range of market forecasts after a strong first half.
Wed 15 Jan 2025 07:05
(Sharecast News) - Recruitment firm Hays said it expected interim pre-exceptional operating profit of £25m, towards the lower end of the consensus range amid subdued trading conditions as like-for-like net fees fell 12% in the second quarter.
Tue 14 Jan 2025 15:45
(Sharecast News) - Wednesday will bring with it the week's key risk event, a reading on the cost of living in the United States.
Tue 14 Jan 2025 12:49
(Sharecast News) - The UK government further reduced its ownership of NatWest Group on Tuesday, cutting its stake to 8.9% from 9.99%, according to a regulatory filing from the bank.
Tue 14 Jan 2025 12:19
(Sharecast News) - France's state auditor has urged EDF to delay making a final investment decision on its massive Sizewell C nuclear reactor project in Suffolk, it was reported on Tuesday.
Tue 14 Jan 2025 10:45
(Sharecast News) - Analysts at Canaccord Genuity hiked their target price on shipping firm Clarkson from 4,300.0p to 4,500.0p on Tuesday, stating the firm was "well-positioned" to ride out volatility.
Tue 14 Jan 2025 10:12
(Sharecast News) - Tissue-healing technology specialist Advanced Medical Solutions Group reported robust growth for the year ended 31 December in an update on Tuesday, driven by strategic acquisitions and continued strength across its product portfolio.
Tue 14 Jan 2025 10:03
(Sharecast News) - Berenberg has named Rio Tinto as its top pick for 2025 among London's blue-chip diversified mining stocks ahead of what's set to be a volatile start to the year for the sector.
Tue 14 Jan 2025 09:57
(Sharecast News) - Shares in Card Factory sparked in early trading on Tuesday, after the retailer confirmed robust trading over the crucial Christmas period.
Tue 14 Jan 2025 09:46
(Sharecast News) - Small-to-medium enterprise lending platform Funding Circle reported a solid second-half performance in a trading update on Tuesday, in line with expectations.
Tue 14 Jan 2025 09:41
(Sharecast News) - Gym operator The Gym Group said on Tuesday that positive trading momentum had continued through H2, driving strong like-for-like revenue growth.
Tue 14 Jan 2025 09:41
(Sharecast News) - Gym operator The Gym Group said on Tuesday that positive trading momentum had continued through H2, driving strong like-for-like revenue growth.
Tue 14 Jan 2025 09:34
(Sharecast News) - Games Workshop Group reported record first-half results on Tuesday, driven by robust revenue growth, significant licensing income, and strong retail performance.
Tue 14 Jan 2025 09:29
(Sharecast News) - Builders' merchant Grafton said on Tuesday that its 2024 trading performance was in line with expectations despite a "challenging macro backdrop" in certain markets, particularly the UK and Finland.
Tue 14 Jan 2025 09:23
(Sharecast News) - Low-cost housebuilder and land promoter MJ Gleeson said on Tuesday that full-year results were set to be ahead of last year and in line with market expectations.
Tue 14 Jan 2025 09:21
(Sharecast News) - Shares in Hunting jumped on Tuesday after the oilfield services group said it met market forecasts in 2024 and pointed to further profit growth this year, helped by the planned consolidation of its operations across the EMEA region.
Tue 14 Jan 2025 09:14
(Sharecast News) - Aerospace and defence firm Chemring announced on Tuesday that its Roke subsidiary has signed a multi-year agreement with a major US prime contractor for the supply of its high-speed Miniature Radar Altimeter.
Tue 14 Jan 2025 09:13
(Sharecast News) - Crest Nicholson said on Tuesday that it was delaying publication of its full-year results amid a hike in fire safety provisions.
Tue 14 Jan 2025 08:24
(Sharecast News) - Robert Walters said on Tuesday that it expects only a break-even result for the year at the pre-tax profit level as trading conditions remained challenging in the fourth quarter.
Tue 14 Jan 2025 08:04
(Sharecast News) - Persimmon said on Tuesday that full-year underlying pre-tax profit was set to be around the upper end of market expectations as completions were ahead of market forecasts.
Tue 14 Jan 2025 07:59
(Sharecast News) - IntegraFin Holdings, the operator of the Transact investment platform, reported robust trading results for the first quarter of the 2025 financial year on Tuesday, driven by record inflows and continued platform growth.
Tue 14 Jan 2025 07:51
(Sharecast News) - British American Tobacco fell on Tuesday after Reinet Investments said that its indirect subsidiary, Reinet Jersey Holdings, had sold just over 43.3m shares in the company in a placing.
Tue 14 Jan 2025 07:36
(Sharecast News) - JD Sports Fashion downgraded its full-year profit forecast on Tuesday as it posted a drop in revenue for November and December in challenging markets.
Tue 14 Jan 2025 07:36
(Sharecast News) - Energy major BP said it now expects to report lower upstream production for the fourth quarter, while tax charges and foreign exchange losses for the full year will be greater than previously expected.
Tue 14 Jan 2025 07:31
(Sharecast News) - Smiths Group announced the retirement of chief financial officer Clare Scherrer on Tuesday, confirming her successor while also upgrading its guidance for revenue growth.
Tue 14 Jan 2025 07:18
(Sharecast News) - Ocado Retail delivered a strong finish to its financial year, with sales growth accelerating in the fourth quarter as weekly orders reached a milestone of 500,000 for the first time.
Mon 13 Jan 2025 17:11
(Sharecast News) - Investors' focus on Tuesday will be on the first of two readings for inflation in the US.
Mon 13 Jan 2025 15:18
(Sharecast News) - Sustainable biopesticide and biocontrol technology specialist Eden Research reported significant revenue growth for the year ended 31 December on Monday, alongside a positive outlook for 2025.
Mon 13 Jan 2025 14:08
(Sharecast News) - US department store Macy's slightly downgraded its sales outlook for the fourth quarter after a quieter-than-expected Christmas period.
Mon 13 Jan 2025 11:45
(Sharecast News) - Canaccord Genuity started coverage of Science Group on Monday with a 'buy' rating and 758p price target as it pointed to 14 years of strong shareholder returns.
Mon 13 Jan 2025 10:41
(Sharecast News) - Analysts at Berenberg raised their target price on Irish hotel operator Dalata Hotel Group from 480.0p to 510.0p on Monday following the company's recent Capital Markets Day.
Mon 13 Jan 2025 10:28
(Sharecast News) - Business software specialist Craneware reported double-digit revenue growth for the six months ended 31 December on Monday.
Mon 13 Jan 2025 09:18
(Sharecast News) - E-commerce business Huddled Group said on Monday that 2024 was "a year of growth" across all of its brands, with total group revenues exceeding £14.0m.
Mon 13 Jan 2025 09:02
(Sharecast News) - Shore Capital has reassessed its coverage for the UK banking sector in light of recent developments in the bond and currency markets, highlighting its preference for internationally focused lenders.
Mon 13 Jan 2025 09:01
(Sharecast News) - Multinational bank Standard Chartered has been sanctioned by Zambia's Securities and Exchange Commission for mis-selling bonds issued by state-backed Chinese developer Sino-Ocean to one of its local wealth clients at the height of the Asian country's real-estate crisis.
Mon 13 Jan 2025 08:22
(Sharecast News) - Citi upgraded Bunzl on Monday to 'buy' from 'neutral' as it said it was a hedged sector investment.
Mon 13 Jan 2025 08:02
(Sharecast News) - Online women's fashion brand Sosandar said on Monday that it was on track to deliver a full-year profit thanks to a solid trading performance throughout that all-important Christmas period.
Mon 13 Jan 2025 07:54
(Sharecast News) - Shares in Oxford Nanopore Technologies surged on Monday after the DNA and RNA analysis firm reported an acceleration in momentum towards the end of the year, pointing to higher-than-expected margins.
Mon 13 Jan 2025 07:39
(Sharecast News) - Property group Great Portland Estates has announced that broadcaster ITN has renewed two leases at its media hub near Farringdon, committing to a further 10 years.
Mon 13 Jan 2025 07:27
(Sharecast News) - Serco said on Monday that chief executive Mark Irwin plans to retire and step down from the role on 28 February after 12 years with the outsourcer.
Mon 13 Jan 2025 07:24
(Sharecast News) - Fintech group Plus500 beat market forecasts with its results for 2024, driven by a solid end to the year with customer numbers surging 45% over the final quarter.
Mon 13 Jan 2025 07:23
(Sharecast News) - Gambling giant Entain reaffirmed its full-year 2024 EBITDA guidance on Monday, buoyed by operator-friendly sports results during the final quarter of the year.
Mon 13 Jan 2025 07:21
(Sharecast News) - Filtronic, a designer and manufacturer of advanced products for the aerospace, defence, space, and telecoms infrastructure markets, announced on Monday that its order intake for the current financial year had exceeded expectations.
Mon 13 Jan 2025 07:15
(Sharecast News) - Recruitment firm PageGroup said annual operating profit would be at the lower end of consensus expectations after fourth-quarter earnings fell 17% as market conditions worsened in Europe with companies low-balling offers to potential job candidates.
Mon 13 Jan 2025 07:04
(Sharecast News) - GSK on Monday said it was buying US-based biopharmaceutical company IDRx for up to $1.15bn.
Fri 10 Jan 2025 14:55
(Sharecast News) - The UK has less than a week of gas reserves, with storage at "concerningly low levels" amid a cold snap, said British Gas owner Centrica on Friday.
Fri 10 Jan 2025 14:14
(Sharecast News) - Baltimore-based Constellation Energy said on Friday that it has agreed to buy Calpine for $16.4bn in cash and shares.
Fri 10 Jan 2025 13:31
(Sharecast News) - RBC Capital Markets initiated coverage of Liontrust Asset Management on Friday with an 'underperform' rating and 390p price target as it took a look at the UK asset management sector.
Fri 10 Jan 2025 11:57
(Sharecast News) - One Media IP reported stable full-year revenue in a trading update on Friday, following a strategic divestment to sharpen its focus on core operations.
Fri 10 Jan 2025 09:25
(Sharecast News) - Morgan Stanley upgraded Reckitt Benckiser and downgraded Haleon on Friday as it took a look at consumer staples stocks.
Fri 10 Jan 2025 08:52
(Sharecast News) - Serco's share price was under pressure on Friday after analysts at Jefferies lowered their rating for the public sector-focused outsourcing group from 'buy' to 'hold', citing headwinds to earnings momentum.
Fri 10 Jan 2025 08:47
(Sharecast News) - UBS upgraded Persimmon on Friday to 'buy' from 'neutral' as it said the valuation was now more compelling.
Fri 10 Jan 2025 08:24
(Sharecast News) - Online marketing and web services firm Team Internet Group has revealed that one of the two parties that approached the firm regarding a possible takeover this week has walked away, causing shares to sink sharply on Friday.
Fri 10 Jan 2025 07:49
(Sharecast News) - AIM-listed wealth and investment management group Kingswood has announced that it will be making Peter Coleman its permanent boss after six months serving in an interim capacity.
Fri 10 Jan 2025 07:48
(Sharecast News) - Mike Ashley's Frasers Group further expanded its investment in Marks Electrical Group on Friday, increasing its shareholding to 7.85%, according to regulatory filings.
Fri 10 Jan 2025 07:23
(Sharecast News) - GSK announced on Friday that the US Food and Drug Administration (FDA) has accepted its regulatory application for a prefilled syringe version of Shingrix, its recombinant zoster vaccine for preventing shingles.
Fri 10 Jan 2025 07:20
(Sharecast News) - Vodafone has raised its stake in its Indian joint venture Vodafone Idea (Vi) after selling its investment in the country's mobile tower installation company Indus Towers.
Fri 10 Jan 2025 07:02
(Sharecast News) - UK supermarket chain Sainsbury's said it would increase wages by 5% after bumper sales in its key Christmas quarter.
Thu 09 Jan 2025 14:36
(Sharecast News) - All eyes at the end of the week will be on the US non-farm payrolls report for the month of December.
Thu 09 Jan 2025 12:26
(Sharecast News) - Oxford Instruments announced a planned transition in its chief financial officer role on Thursday, with Gavin Hill to step down from the board and his position on 31 March, at the end of the financial year, after almost nine years with the company.
Thu 09 Jan 2025 12:24
(Sharecast News) - Henry Boot announced the completion of the sale of 632 residential plots at the Pickford Gate development in Coventry to national housebuilder Vistry Group on Thursday.
Thu 09 Jan 2025 11:58
(Sharecast News) - De La Rue surged on Thursday after saying it was considering a takeover offer from Disruptive Capital and Pension SuperFund Capital entities at 125p a share.
Thu 09 Jan 2025 11:46
(Sharecast News) - Investment manager Foresight Group said in a trading update on Thursday that assets under management stood at £12.2bn at the end of the December quarter, a slight decline of 2% from £12.4b as of 30 September.
Thu 09 Jan 2025 10:34
(Sharecast News) - Shore Capital has maintained a 'buy' rating for Tesco after a "decent" trading update from the supermarket group on Thursday, saying the retailer is well-placed to benefit despite a tough consumer backdrop.
Thu 09 Jan 2025 10:11
(Sharecast News) - Shares in Mears Group sparked on Thursday, after the housing solutions provider said full-year results were likely to beat expectations.
Thu 09 Jan 2025 10:00
(Sharecast News) - Healthcare property investor Assura reported significant progress in its third-quarter on Thursday, completing 17 property disposals during the quarter to generate net proceeds of £48.4m, in line with book value.
Thu 09 Jan 2025 09:54
(Sharecast News) - Advertising agency S4 Capital said on Thursday that Mary Basterfield has decided to step down from her position as chief financial officer.
Thu 09 Jan 2025 09:38
(Sharecast News) - SIG posted a slide in annual sales and profits on Thursday, weighed down by weakness in the European construction sector, but insisted it was well placed to weather the current cycle.
Thu 09 Jan 2025 09:00
(Sharecast News) - Ferrexpo reported a surge in annual production on Thursday, its best since Russia invaded Ukraine, despite the ongoing "challenging" conditions.
Thu 09 Jan 2025 08:12
(Sharecast News) - CLS Holdings announced on Thursday that it has secured a 10-year lease with law firm Signature Litigation for 29,816 square feet of office space at 138 Fetter Lane in central London.
Thu 09 Jan 2025 08:05
(Sharecast News) - Bakery chain Greggs said on Thursday that it jumped past the £2bn sales mark in 2024, but reported a slowdown in like-for-like sales growth for the fourth quarter as weaker consumer confidence dented footfall on the high street.
Thu 09 Jan 2025 08:00
(Sharecast News) - Airtel Africa said chief financial officer Jaideep Paul was leaving the company in July to pursue a new position within the wider Bharti Group.
Thu 09 Jan 2025 07:54
(Sharecast News) - Food packaging group Hilton Foods said it expects to hit market forecasts with its 2024 results after a strong finish to the year across all three operating regions.
Thu 09 Jan 2025 07:52
(Sharecast News) - UK property company Derwent London said its development in London's Baker Street was now fully pre-let.
Thu 09 Jan 2025 07:37
(Sharecast News) - Student accommodation group Unite has reiterated its profit guidance after a solid end to its financial year, as it pointed to continued strong occupancy levels and rental growth over the next academic year.
Thu 09 Jan 2025 07:23
(Sharecast News) - Discount retailer B&M European Value Retail announced a special dividend of £151m in a trading update on Thursday, after reporting a strong third-quarter as it narrowed its full-year guidance.
Thu 09 Jan 2025 07:21
(Sharecast News) - Military respiratory protection and helmet maker Avon Technologies has signed a £10m contract renewal with Thales in support of a critical UK defence programme.
Thu 09 Jan 2025 07:12
(Sharecast News) - Shares in Tesco fell on Thursday despite the grocery giant reporting a solid uptick in sales growth over the key Christmas trading period, with the stock retreating after a solid rally over the past six months.
Thu 09 Jan 2025 07:05
(Sharecast News) - Shares in Marks & Spencer fell sharply on Thursday despite the food and clothing retailer posting a 6.4% rise in UK third quarter like-for-like sales after a better-than-expected performance over the key Christmas period.
Wed 08 Jan 2025 19:23
(Sharecast News) - Analysts at Canaccord Genuity reiterated their 'buy' recommendation for shares of ProCook.
Wed 08 Jan 2025 15:50
(Sharecast News) - Lloyd's of London said on Wednesday that chief executive officer John Neal will be leaving in 2025, after leading the insurance and reinsurance marketplace for over six years.
Wed 08 Jan 2025 13:14
(Sharecast News) - Lateral flow contract research and manufacturing specialist Abingdon Health announced on Wednesday that its subsidiary CS Lifesciences has secured a significant contract worth over £0.5m.
Wed 08 Jan 2025 12:46
(Sharecast News) - Private sector employment in the US rose less than expected in December, according to data released on Wednesday by ADP.
Wed 08 Jan 2025 11:51
(Sharecast News) - Electronics engineering and manufacturing company TT Electronics announced the appointment of Eric Lakin as its new chief financial officer on Wednesday, to succeed Mark Hoad, who was retiring after a decade with the company as previously announced in November.
Wed 08 Jan 2025 11:31
(Sharecast News) - Apax Global Alpha announced on Wednesday that Paycor HCM, a portfolio company of the Apax IX Fund, is set to be acquired by Paychex in an all-cash transaction valued at $22.50 per share.
Wed 08 Jan 2025 11:09
(Sharecast News) - Victoria Property said on Wednesday that it has made a £3.25m takeover offer for Ground Rents Income Fund.
Wed 08 Jan 2025 10:36
(Sharecast News) - Jefferies downgraded Ashmore on Wednesday to 'hold' from 'buy' and it cut the price target to 170p from 220p as it said it was moving to the sidelines until a macro catalyst emerges.
Wed 08 Jan 2025 10:31
(Sharecast News) - Luxury carmaker Rolls-Royce plans to spend £300m to expand its West Sussex factory to produce more bespoke vehicles for the super-rich.
Wed 08 Jan 2025 09:22
(Sharecast News) - Kitchenware retailer ProCook said on Wednesday that it outperformed the market in the third quarter, reporting a jump in sales and a "strong" peak trading period.
Wed 08 Jan 2025 09:13
(Sharecast News) - Optimism in the UK financial services sector has collapsed, a survey showed on Thursday, despite growing business volumes.
Wed 08 Jan 2025 09:05
(Sharecast News) - Shares in Intercede rose by a tenth on Tuesday after the cybersecurity firm announced that recently won contract orders and renewals will take full-year results ahead of market expectations.
Wed 08 Jan 2025 07:55
(Sharecast News) - Hornby's share price continued to jump on Wednesday after the model train and collectibles group reported impressive results for its third quarter, bolstered by a strong festive selling season.
Wed 08 Jan 2025 07:52
(Sharecast News) - Topps Tiles posted a robust start to the year on Wednesday, as it confirmed veteran chief executive Rob Parker would step down.
Wed 08 Jan 2025 07:22
(Sharecast News) - Online betting firm Flutter Entertainment downgraded its US guidance on Wednesday, citing unfavourable sports results.
Wed 08 Jan 2025 07:16
(Sharecast News) - Oil major Shell has announced that results for the fourth quarter were significantly lower than the preceding three months, as it revealed $700m of well-write offs and a $1.3bn hit to cashflow.
Wed 08 Jan 2025 07:06
(Sharecast News) - Safety equipment maker Halma said chief financial officer Steve Gunning has decided to retire at the end of March.
Tue 07 Jan 2025 15:11
(Sharecast News) - Bank of America Merrill Lynch reinstated coverage of JD Sports on Tuesday with a 'buy' rating and 165p price target, citing a "compelling" valuation and upside of around 70%.
Tue 07 Jan 2025 14:00
(Sharecast News) - The market spotlight in the middle of the week will be on the results of a private sector survey for the US jobs market covering the month of December.
Tue 07 Jan 2025 12:59
(Sharecast News) - Aurora Innovation surged on Tuesday after it announced a long-term strategic partnership with Continental and Nvidia to deploy driverless trucks at scale.
Tue 07 Jan 2025 11:21
(Sharecast News) - Shares in Team Internet Group jumped by almost a third on Tuesday after the online marketing and web services firm confirmed it had received two separate takeover approaches.
Tue 07 Jan 2025 10:41
(Sharecast News) - GlobalData announced the completion of its acquisition of Deallus, a competitive intelligence solutions provider specialising in the global life sciences sector, on Tuesday.
Tue 07 Jan 2025 10:35
(Sharecast News) - Ricardo announced the completion of its acquisition of Australian infrastructure consultancy E3 Advisory on Tuesday, a specialist in transport, clean energy, water, and mining infrastructure projects.
Tue 07 Jan 2025 10:25
(Sharecast News) - Schroder European Real Estate Investment Trust announced the sale of a grocery-anchored retail asset in Frankfurt, Germany on Tuesday, for €11.8m.
Tue 07 Jan 2025 10:02
(Sharecast News) - Deutsche Bank downgraded Pennon on Tuesday to 'sell' from 'hold' and cut the price target to 530p from 600p as it took a look at water stocks following the publication of Ofwat's final determinations in December.
Tue 07 Jan 2025 09:47
(Sharecast News) - Shares in Synthomer were trading lower on Tuesday after Berenberg lowered its target price for the chemicals stock on the back of a subdued market outlook.
Tue 07 Jan 2025 09:43
(Sharecast News) - Raspberry Pi tumbled on Tuesday after HSBC downgraded the shares to 'reduce' from 'buy' on valuation grounds, arguing that the Santa rally was overdone.
Tue 07 Jan 2025 08:45
(Sharecast News) - Close Brothers Group announced on Tuesday that Adrian Sainsbury had officially stepped down as group chief executive and executive director, effective 6 January, to focus on his health following a period of medical leave.
Tue 07 Jan 2025 08:00
(Sharecast News) - Industrial thread maker Coats Group said on Tuesday that chief financial officer Jackie Callaway has mutually agreed with the board that she will step down from her role at the conclusion of the annual meeting on 21 May.
Tue 07 Jan 2025 07:22
(Sharecast News) - GSK announced on Tuesday that its investigational antibody-drug conjugate GSK'227 has been granted breakthrough therapy designation by the US Food and Drug Administration (FDA) for treating relapsed or refractory osteosarcoma in patients who had progressed after at least two prior lines of therapy.
Tue 07 Jan 2025 07:21
(Sharecast News) - Household grocery spending hit a record high over Christmas, industry data showed on Tuesday, as shoppers snapped up festive food and drink.
Tue 07 Jan 2025 07:20
(Sharecast News) - Citi downgraded its stance on AJ Bell to 'sell' on Tuesday and cut its price target to 390p from 450p, citing risks from cash balances and competitor pricing.
Tue 07 Jan 2025 07:03
(Sharecast News) - UK clothing retailer Next said it would increase prices to offset higher wage and tax costs along with anticipated slower growth as it lifted full-year guidance after better-than-expected December sales.
Mon 06 Jan 2025 16:49
(Sharecast News) - Lenders to online fashion retailer Quiz have reportedly drafted in restructuring advisers days before it is due to hold a vote on delisting from the London stock market.
Mon 06 Jan 2025 16:40
(Sharecast News) - Investors' focus on Tuesday would be on the US economy, with closely followed survey results for services sector activity and the jobs market due out in the run up to the release of the all-important non-farm payrolls report on Friday.
Mon 06 Jan 2025 15:20
(Sharecast News) - Canaccord Genuity maintained its price target on Antofagasta on Monday at 2,065p on the back of improving year-on-year profit trends in 2025.
Mon 06 Jan 2025 11:18
(Sharecast News) - Filtronic, a designer and manufacturer of products for the aerospace, defence, space, and telecoms infrastructure markets, announced the appointment of Antonino Spatola as its new chief commercial officer on Monday.
Mon 06 Jan 2025 10:28
(Sharecast News) - Equipmake, a specialist in electrification technologies for the automotive, truck, bus, and specialty vehicle sectors, updated the market on its ongoing strategic review and formal sale process on Monday, which it initiated on 6 December.
Mon 06 Jan 2025 09:36
(Sharecast News) - RBC Capital Markets upgraded Experian on Monday to 'outperform' from 'sector perform' as it argued that revenue growth should accelerate over the mid-term driven by broad-based growth drivers.
Mon 06 Jan 2025 08:36
(Sharecast News) - Rolls-Royce slumped on Monday after Citi downgraded its stance on the shares to 'neutral' from buy' on valuation grounds.
Mon 06 Jan 2025 08:22
(Sharecast News) - Engage XR shares were sliding on Monday morning, after it reported delays in contract finalizations in a trading update, leading to its revenue falling short of market expectations.
Mon 06 Jan 2025 08:00
(Sharecast News) - B&Q and Castorama owner Kingfisher said on Monday that it has appointed industry veteran and former Halfords boss Ian McLeod as a non-executive director with effect from 20 January.
Mon 06 Jan 2025 07:58
(Sharecast News) - RBC Capital Markets downgraded Unilever on Monday to 'underperform' from 'sector perform' and slashed the price target to 4,000p from 4,800p.
Mon 06 Jan 2025 07:38
(Sharecast News) - Citi has reiterated its 'buy' calls on UK retailers Tesco and B&M amid a "lacklustre" consumer backdrop as food inflation begins to reaccelerate.
Mon 06 Jan 2025 07:25
(Sharecast News) - Avon Technologies announced on Monday that its subsidiary, Team Wendy Ceradyne, has received an $18m delivery order from the US Defense Logistics Agency.
Mon 06 Jan 2025 07:22
(Sharecast News) - UK and US-listed oil group Diversified Energy Company has announced the acquisition of several assets in America's Appalachian Basin, across Virginia, West Virginia and Alabama, which it says will complement existing operations and provide synergies to improve margins.
Fri 03 Jan 2025 15:52
(Sharecast News) - US President Joe Biden has intervened in the final weeks of his administration and blocked Japan Nippon Steel's $14.9bn bid for US Steel, citing national security concerns.
Fri 03 Jan 2025 09:24
(Sharecast News) - Berenberg has slashed its forecasts and target price for Vistry after an unscheduled profit warning from the housebuilder on Christmas Eve, saying that the company may need to reconsider its financial targets.
Fri 03 Jan 2025 07:12
(Sharecast News) - GSK announced on Friday that its monoclonal antibody 'Nucala', or mepolizumab, has received approval from China's National Medical Products Administration for the treatment of chronic rhinosinusitis with nasal polyps (CRSwNP) in adults.
Fri 03 Jan 2025 07:01
(Sharecast News) - Budget airline Wizz Air on Friday reported a 1.9% increase in passenger numbers for December on an annual basis, but capacity declined as it continued to ground aircraft due to problems with Pratt & Whitney engines.
Thu 02 Jan 2025 15:05
(Sharecast News) - Analysts at Bank of America sounded an upbeat note on the outlook for shares of Airbus, telling clients that the jet manufacturer likely recorded a good December in terms of actual aircraft deliveries.
Thu 02 Jan 2025 14:39
(Sharecast News) - Vodafone Group has finalised the sale of Vodafone Italy to Swisscom for €8bn in cash, it announced on Thursday.
Thu 02 Jan 2025 14:31
(Sharecast News) - Engineering, environmental, and strategic consulting company Ricardo announced on Thursday that it has finalised the sale of its Ricardo Defense division.
Thu 02 Jan 2025 14:20
(Sharecast News) - Phoenix Group Holdings announced the early redemption of its outstanding $250m fixed rate reset perpetual restricted tier 1 contingent convertible notes on Thursday.
Thu 02 Jan 2025 11:40
(Sharecast News) - John Wood Group announced on Thursday that it has completed the sale of its 51% stake in EthosEnergy Group to private equity firm One Equity Partners for a final net cash consideration of $138m.
Thu 02 Jan 2025 10:06
(Sharecast News) - German discount supermarket chain Lidl posted a large sharp rise in sales at its UK division over Christmas, driven by shoppers hunting for bargain party food and drink over the festive period.
Thu 02 Jan 2025 07:13
(Sharecast News) - Auction Technology Group (ATG) announced the appointment of Sarah Highfield as its new chief financial officer on Thursday.
Thu 02 Jan 2025 07:06
(Sharecast News) - Chrysalis Investments on Thursday said it had reached a settlement with Revolution Beauty over its claim against the troubled AIM-listed cosmetics retailer.
Tue 31 Dec 2024 12:33
(Sharecast News) - Wizz Air has entered a commercial support agreement with Pratt & Whitney, it announced on Tuesday, to address the continued grounding of about 40 Airbus A320neo family aircraft due to issues with the PW1100G-JM geared turbofan engines.
Tue 31 Dec 2024 12:30
(Sharecast News) - Haleon announced on Tuesday that it has finalised the acquisition of an additional 33% equity stake in its Chinese joint venture, Tianjin TSKF Pharmaceutical Co (TSKF), from Tianjin Pharmaceutical Group and Tianjin Pharmaceutical Da Ren Tang Group Corporation.
Tue 31 Dec 2024 11:23
(Sharecast News) - Digital 9 Infrastructure announced a binding agreement to sell its interest in the EMIC-1 subsea cable project for $42m on Tuesday, with completion expected by March.
Tue 31 Dec 2024 09:36
(Sharecast News) - The number of properties listed for sale on Rightmove hit a record number on Boxing Day, the housing platform revealed on Tuesday, with both new seller activity and website visits both hitting all-time highs.
Tue 31 Dec 2024 07:49
(Sharecast News) - Autoimmune disease and cancer treatment developer Sareum has revealed that the commercial licence of its jointly developed SRA737 product has been terminated by a biopharma company in the US.
Tue 31 Dec 2024 07:07
(Sharecast News) - Logistics firm Bunzl said it would start the first tranche of its £200m 2025 share buyback programme on January 2.
Mon 30 Dec 2024 07:41
(Sharecast News) - Online retailer Huddled Group said it had bought the 25% of cosmetic waster seller Boop Beauty that it did not own for £100,000 after talks with founder Yasmine Amr.
Fri 27 Dec 2024 08:47
(Sharecast News) - Delivery Hero tumbled on Friday after the sale of its Taiwan subsidiary to Uber Technologies was blocked.
Fri 27 Dec 2024 07:30
(Sharecast News) - Titanium minerals and zircon-focused miner Kenmare Resources has reassured investors that operations at its Moma project in Mozambique are continuing as normal despite civil unrest spreading across the country.
Fri 27 Dec 2024 07:20
(Sharecast News) - Maritime tech group SRT Marine Systems has said it has kicked off a new maritime domain awareness contract worth $9m over a 10-year period.
Fri 27 Dec 2024 07:03
(Sharecast News) - Life science investor Syncona said its investment Achilles Therapeutics has sold cancer study assets to AstraZeneca for $12m (£9.58m).
Tue 24 Dec 2024 12:20
(Sharecast News) - Ithaca Energy shares were in the green on Tuesday, after it noted that exploration drilling at the Jocelyn South prospect in Block 30/07a of the Central North Sea had confirmed the presence of hydrocarbons.
Tue 24 Dec 2024 11:11
(Sharecast News) - Technology specialist Cohort announced a revised timeline for its acquisition of EM Solutions, a subsidiary of Australia's Electro Optic Systems Holdings, on Tuesday.
Tue 24 Dec 2024 10:57
(Sharecast News) - Self-storage group Safestore said on Tuesday that it has entered into a 50/50 joint venture with Nuveen Real Estate to acquire Easybox, Italy's second largest self-storage operator by number of stores, for €175m.
Tue 24 Dec 2024 10:43
(Sharecast News) - UK-listed shares of Mosman fell on Tuesday after the oil and gas outfit revealed that drilling had not yet started on a part-owned project in Colarado, US.
Tue 24 Dec 2024 10:38
(Sharecast News) - Gemfields said on Tuesday that there could be interruptions to its mining operations in Mozambique due to civil unrest.
Tue 24 Dec 2024 07:35
(Sharecast News) - Israeli maritime tech group Windward has received a £216m takeover offer from a US private equity firm that has been unanimously recommended by its directors, causing shares to soar early on Tuesday.
Tue 24 Dec 2024 07:26
(Sharecast News) - Shares in Kooth jumped on Tuesday after the youth digital mental healthcare company announced a new $1.5m pilot contract in the US and a £1.5m share buyback plan.
Tue 24 Dec 2024 07:25
(Sharecast News) - Harworth Group, a UK-based specialist in regenerating land for sustainable development, announced the completion of the £53.5m sale of its 278-acre strategic land site in Ansty, Warwickshire, to Rugbyalpha Freeholdco on Tuesday.
Tue 24 Dec 2024 07:09
(Sharecast News) - AstraZeneca has pulled its European marketing authorisation application for its non-small cell lung cancer treatment based on the results of a phase III trial.
Tue 24 Dec 2024 07:02
(Sharecast News) - Santa won't be visiting Vistry shareholders this Christmas after the house builder issued its third consecutive profits warning on Tuesday, with the shares taking as a result.
Mon 23 Dec 2024 11:56
(Sharecast News) - Shares in drug development services group Proteome Sciences rose on Monday after the company said 2024 results should reflect a good recovery and that its pipeline is looking strong for next year.
Mon 23 Dec 2024 08:35
(Sharecast News) - Petrofac said it had entered into a binding agreement with key financial creditors on the terms of a comprehensive restructuring "to significantly strengthen the financial position of the group" and enable it to deliver its strategy.
Mon 23 Dec 2024 08:07
(Sharecast News) - Rocky Mountains-focused oil group Zephyr Energy has signed a rig contract with American drill contracts Nabors at its flagship project in the Paradox Basin, Utah.
Mon 23 Dec 2024 07:22
(Sharecast News) - Frasers Group responded to the outcome of Boohoo's Friday shareholder vote on Monday, after it saw the rejection of the proposed board appointments of Frasers' Mike Ashley and restructuring expert Mike Lennon to the Boohoo board.
Mon 23 Dec 2024 07:17
(Sharecast News) - AstraZeneca's lung cancer treatment Tagrisso has been approved by European Union regulators on the back of "powerful results" from a phase III trial.
Mon 23 Dec 2024 07:06
(Sharecast News) - UK consumer confidence fell sharply in December, according to the British Retail Consortium, which said retailers will now likely find themselves facing a "spending squeeze" in the new year.
Mon 23 Dec 2024 07:04
(Sharecast News) - Aviva said it had struck a deal to buy troubled insurance rival Direct Line for £3.75bn after intensive talks over the weekend but warned it would be looking for cost savings via job cuts.
Fri 20 Dec 2024 10:35
(Sharecast News) - Biopesticides and biocontrol products developer Eden Research announced on Friday that it has received regulatory approval in Mexico for 'Novellus+', an enhanced version of its flagship fungicide 'Mevalone'.
Fri 20 Dec 2024 10:00
(Sharecast News) - Petra Diamonds reported the final results for its third tender of the 2025 financial year on Friday, revealing a mixed performance as volumes increased but sales and prices declined.
Fri 20 Dec 2024 09:46
(Sharecast News) - Jefferies has reiterated a 'buy' rating for Diageo on the back of speculation that the drinks giant is considering a sale of its Ciroc brand, saying that any potential sale would be accretive to top-line growth.
Fri 20 Dec 2024 09:01
(Sharecast News) - Canaccord Genuity has hiked its target price for travel company On The Beach by more than a half on the back of higher long-term growth potential.
Fri 20 Dec 2024 08:28
(Sharecast News) - Floorcoverings distributor Headlam Group announced progress in its ongoing transformation plan on Friday, with property sales generating £53.9m in cash proceeds.
Fri 20 Dec 2024 07:22
(Sharecast News) - Science investor IP Group announced on Friday that two of its quoted life sciences portfolio companies have received cash offers, with anticipated proceeds of £13.8m.
Fri 20 Dec 2024 07:16
(Sharecast News) - UK retail sales missed expectations in November, but borrowing figures came in better than expected, according to data released on Friday by the Office for National Statistics.
Fri 20 Dec 2024 07:12
(Sharecast News) - GSK has announced positive results from a phase III trial of its ovarian cancer treatment, which met its primary endpoint of progression free survival.
Fri 20 Dec 2024 07:03
(Sharecast News) - The UK government has cleared the £3.6bn sale of Royal Mail parent company International Distribution Services to Czech billionaire Daniel Kretinsky's EP Group.
Thu 19 Dec 2024 14:53
(Sharecast News) - Investors' focus at the end of the week will continue to be on the inflation picture in the US.
Thu 19 Dec 2024 14:33
(Sharecast News) - Jefferies lifted its price target on Intermediate Capital Group on Thursday to 2,700p from 2,300p.
Thu 19 Dec 2024 13:37
(Sharecast News) - Early stage science investor IP Group has received £119m in initial cash proceeds from the sale of portfolio company Featurespace to Visa, and will beef up its share buyback plan by £25m after the biggest exit in its history.
Thu 19 Dec 2024 12:53
(Sharecast News) - MicroSalt announced the filing of a new patent application with the United States Patent and Trademark Office on Thursday, for a new method to create granulated salt from powdered formulations.
Thu 19 Dec 2024 11:58
(Sharecast News) - Bestway Group, one of the UK's largest privately owned companies, is initiating a company voluntary arrangement (CVA) to address challenges in its Bargain Booze and Wine Rack retail operations, it was reported on Thursday.
Thu 19 Dec 2024 11:32
(Sharecast News) - The share price of Conygar Investment Company continued its recent slide on Thursday despite the property company being granted planning permission for a 383-bed student accommodation development in Nottingham.
Thu 19 Dec 2024 11:16
(Sharecast News) - Historic shipyard owner Harland & Wolff is to be acquired out of administration by Spain's Navantia, it was confirmed on Thursday, saving 1,000 jobs.
Thu 19 Dec 2024 10:57
(Sharecast News) - BT Group has won an appeal against a £1.3bn class action lawsuit alleging the Telecoms operator overcharged millions of customers for fixed telephone lines.
Thu 19 Dec 2024 10:16
(Sharecast News) - Palliser Capital called for an independent review of Rio Tinto's structure on Thursday, the latest salvo in the activist investor's campaign to end the miner's dual-listed status.
Thu 19 Dec 2024 10:16
(Sharecast News) - Sustainability-focused investment trust Triple Point Energy Transition has announced the resignation of its chairman to reduce operating costs amid an orderly wind-down of the company.
Thu 19 Dec 2024 10:02
(Sharecast News) - Norway's central bank kept interest rates on hold on Thursday at a 16-year high of 4.50%, as widely expected.
Thu 19 Dec 2024 08:59
(Sharecast News) - Real estate developer Henry Boot is to assume full control of Stonebridge Homes Group, it confirmed on Thursday.
Thu 19 Dec 2024 08:54
(Sharecast News) - Intelligent Ultrasound said on Thursday that it has agreed to be taken over by Sweden's Surgical Science in a deal that values the group at £45.2m.
Thu 19 Dec 2024 08:41
(Sharecast News) - Packaged goods distributor Chill Brands has reached an out-of-court settlement with two former directors who transferred the domain registration from the company to themselves without board authorisation back in May.
Thu 19 Dec 2024 07:56
(Sharecast News) - AIM-listed Clean Power Hydrogen has conditionally raised £6.1m in a share placing as it works towards completing three key projects.
Thu 19 Dec 2024 07:49
(Sharecast News) - Costain said on Thursday that its 50/50 joint venture with Siemens Mobility had secured a contract to deliver high voltage power supply systems for the HS2 project throughout the 225km route from Birmingham to London.
Thu 19 Dec 2024 07:17
(Sharecast News) - Europe-focused office and commercial property investor CLS Holdings has leased 9,600 square metres of office space for 20 years in Dortmund, Germany.
Thu 19 Dec 2024 07:16
(Sharecast News) - Outsourcing giant Serco forecast full-year revenue of £4.8bn in an update on Thursday, in line with its prior guidance but reflecting an organic revenue decline of 3%.
Thu 19 Dec 2024 07:03
(Sharecast News) - Average water bills are to rise by over a third in the next five years, the UK regulator confirmed on Thursday.
Thu 19 Dec 2024 07:02
(Sharecast News) - John Wood Group on Thursday said it had won a contract by OMV Petrom for a major project to boost production of sustainable fuel in Southeast Europe.
Wed 18 Dec 2024 16:52
(Sharecast News) - The market spotlight on Thursday would be on the latest policy decisions out of the Bank of England and Bank of Japan (or perhaps the opposite).
Wed 18 Dec 2024 16:30
(Sharecast News) - Merck said on Wednesday that it has signed an exclusive global licensee agreement with Chinese biopharmaceutical firm Hansoh Pharma for weight-loss drug HS-10535.
Wed 18 Dec 2024 16:19
(Sharecast News) - OSB Group tumbled on Wednesday as Peel Hunt downgraded the shares to 'hold' from 'add' but lifted the price target to 414p from 395p.
Wed 18 Dec 2024 16:03
(Sharecast News) - Output volumes in the manufacturing sector fell in the quarter to December at the fastest pace since mid-2020, according to the latest Industrial Trends survey from the Confederation of British Industry.
Wed 18 Dec 2024 14:41
(Sharecast News) - Analysts at Berenberg reiterated their 'buy' rating and 480.0p target price on Dalata Hotels on Wednesday, stating the group was "ending the year on a high note".
Wed 18 Dec 2024 12:47
(Sharecast News) - The Scott Trust and Guardian Media Group (GMG) have finally offloaded the Observer newspaper to digital start-up Tortoise Media in a cash and shares deal, foiling a rival bid from Ecotricity founder Dale Vince, it was announced on Wednesday.
Wed 18 Dec 2024 11:57
(Sharecast News) - Zizzi and ASK Italian owner Azzurri Investment Group has pledged to open more restaurants in the coming years despite the ongoing challenges in the UK's hospitality sector, as it reported an 18% jump in annual sales.
Wed 18 Dec 2024 10:25
(Sharecast News) - Zotefoams announced it was halting investment in a new product on Wednesday, after the packaging specialist failed to secure a partner for the project.
Wed 18 Dec 2024 08:53
(Sharecast News) - Lending platform operator Funding Circle named Ken Stannard as chairman designate on Wednesday, with effect from 1 January 2025.
Wed 18 Dec 2024 08:36
(Sharecast News) - Security solutions provider Westminster Group reported a positive outlook and ongoing progress across its operations in an update on Wednesday.
Wed 18 Dec 2024 08:32
(Sharecast News) - Jefferies hiked its price target on BA and Iberia owner IAG on Wednesday to 350p from 270p saying it expects the fourth quarter to deliver similar trends to Q3, driving confidence in the short-term macro and travel environment.
Wed 18 Dec 2024 08:02
(Sharecast News) - Toys and games designer Character Group said on Wednesday that both revenue and profits had grown modestly in the year ended 31 August, in line with market expectations.
Wed 18 Dec 2024 07:58
(Sharecast News) - Heathrow has announced a £2.3bn investment plan to upgrade the UK's biggest airport over the next two years, £244m higher than previously expected.
Wed 18 Dec 2024 07:41
(Sharecast News) - Shoe Zone warned on profits on Wednesday and said it would be forced to close some stores due to changes announced in the Budget, sending shares in the retailer tumbling.
Wed 18 Dec 2024 07:23
(Sharecast News) - Shares in IntegraFin were sliding on Wednesday morning, after the operator of the 'Transact' investment platform reported a robust full-year financial performance, but flagged rising costs and lower fees for some of its services going forward.
Wed 18 Dec 2024 07:19
(Sharecast News) - Mining titan BHP is facing a sexual harassment and discrimination lawsuit in Australia relating to allegations made by female employees over a 10-year period.
Wed 18 Dec 2024 07:06
(Sharecast News) - National Grid on Wednesday submitted plans to invest up to £35bn in Britain's electricity network over a five year period from April 2026.
Wed 18 Dec 2024 07:02
(Sharecast News) - DIY group Kingfisher has announced the sale of its loss-making Brico Dépôt business in Romania to retailer Altex Romania for €70m (£58m) as it looks to focus on key growth markets.
Tue 17 Dec 2024 16:02
(Sharecast News) - The Financial Conduct Authority has launched a consultation on proposals for a new stock market for private companies - the Private Intermittent Securities and Capital Exchange System or PISCES.
Tue 17 Dec 2024 15:37
(Sharecast News) - Kepler Cheuvreux initiated coverage of Marks & Spencer on Tuesday with 'buy' rating and 467p price target.
Tue 17 Dec 2024 14:51
(Sharecast News) - Jefferies cut its target prices on Hays, Pagegroup and SThree on Tuesday, noting the latter's warning had highlighted further downside to earnings for UK staffers.
Tue 17 Dec 2024 13:36
(Sharecast News) - Wednesday will bring with it the week's key risk event, the Federal Reserve's policy announcement.
Tue 17 Dec 2024 12:32
(Sharecast News) - Ondine Biomedical announced on Tuesday that it would begin its phase three 'LANTERN' clinical trial for its novel nasal photodisinfection technology, branded as Steriwave outside the United States.
Tue 17 Dec 2024 11:34
(Sharecast News) - The share price of battery metals recycler Technology Minerals more than trebled in value on Tuesday after its subsidiary signed a black mass offtake agreement with commodities and mining giant Glencore.
Tue 17 Dec 2024 11:05
(Sharecast News) - Barclays lost a key court challenge related to its car loan practices on Tuesday, marking a significant setback for lenders facing a potential multi billion-pound compensation bill over auto-finance claims.
Tue 17 Dec 2024 11:01
(Sharecast News) - Tullow Oil tumbled on Tuesday after Kosmos Energy said it does not plan to make an offer for the oil and gas exploration company.
Tue 17 Dec 2024 10:50
(Sharecast News) - Idox announced a £2.4m strategic contract with North Yorkshire Council on Tuesday, to consolidate its eight planning and building control systems into a single cloud-based platform.
Tue 17 Dec 2024 10:30
(Sharecast News) - Analysts at Berenberg slightly raised their target price on bowling centres operator Hollywood Bowl from 420.0p to 440.0p on Tuesday following the group's "solid" FY24 earnings and "upbeat" FY25 guidance.
Tue 17 Dec 2024 10:24
(Sharecast News) - Struggling shipbuilder Harland & Wolff could be on the verge of a rescue deal by Spanish peer Navantia that will secure more than 1,000 jobs across its four sites in the UK.
Tue 17 Dec 2024 10:14
(Sharecast News) - Exploration and production firm Enquest said on Tuesday that it has been awarded an agreement to develop approximately 155.0bn standard cubic feet of additional Seligi field gas resources, with a 50% equity share.
Tue 17 Dec 2024 10:08
(Sharecast News) - UBS upgraded its stance on LSEG on Tuesday to 'buy' from 'neutral' and lifted the price target 17% to 13,500p.
Tue 17 Dec 2024 10:02
(Sharecast News) - Indivior announced changes to its board of directors on Tuesday, following discussions with Oaktree Capital Management, which advises funds holding a stake in the company.
Tue 17 Dec 2024 09:41
(Sharecast News) - Gulf Marine Services has revealed that 2024 profits are likely to be at the upper end of guidance and pointed to further growth in 2025 on the back of strong demand for its vessels this year.
Tue 17 Dec 2024 09:38
(Sharecast News) - Engineering and manufacturing firm Goodwin said on Tuesday that interim pre-tax profits had surged as a result of the successful execution of contracts in the nuclear and naval sectors.
Tue 17 Dec 2024 09:17
(Sharecast News) - Commercial property business Land Securities has acquired a 92% stake in Liverpool ONE from the Abu Dhabi Investment Authority and Grosvenor for a total consideration of £490.0m.
Tue 17 Dec 2024 09:11
(Sharecast News) - Thames Water, the UK's largest water utility, is seeking High Court approval for a £3bn emergency loan to avert a cash crisis that could see the company run out of funds by March.
Tue 17 Dec 2024 09:03
(Sharecast News) - Shares in Chemring slumped on Tuesday despite the UK defence and aerospace contractor reporting a record order book amid global political tensions and the war in Ukraine.
Tue 17 Dec 2024 08:50
(Sharecast News) - Capita's share price dropped by almost a tenth on Tuesday morning after the outsourcing group scaled back its revenue guidance for the year.
Tue 17 Dec 2024 08:44
(Sharecast News) - Frasers Group said on Tuesday that its chief executive, Michael Murray, has been nominated for a role on the supervisory board of German fashion brand Hugo Boss, in which it owns a 15% stake.
Tue 17 Dec 2024 08:03
(Sharecast News) - Oil and gas firm Capricorn Energy said on Tuesday that Woodside Energy will pay $50.0m for its operating stake in the Sangomar field offshore Senegal.
Tue 17 Dec 2024 08:02
(Sharecast News) - The British government has approved Bharti Global's acquisition of a 24.5% stake in telecoms firm BT Group from France's Altice.
Tue 17 Dec 2024 07:36
(Sharecast News) - Carlsberg's purchase of soft drinks maker Britvic has been given the green light after the UK's competition regulator said it would not refer the $4.23bn deal for an in-depth probe.
Tue 17 Dec 2024 07:23
(Sharecast News) - Specialist international distribution and service provider Bunzl said in an update on Tuesday that it expected full-year revenue for 2024 to rise about 3% at constant exchange rates, driven by acquisitions, although underlying revenue would see a small decline.
Tue 17 Dec 2024 07:05
(Sharecast News) - Shares in Hollywood Bowl fell sharply on Tuesday as the 10-pin venue operator reported record annual revenues but took a £5m impairment on its mini-golf operations which hit profits.
Mon 16 Dec 2024 14:58
(Sharecast News) - The market spotlight on Tuesday will be on the October Employment report due out in the UK.
Mon 16 Dec 2024 13:28
(Sharecast News) - The boss of NatWest Group's high street branch network will reportedly step down early next year as the company prepares for a return to full private sector ownership.
Mon 16 Dec 2024 11:10
(Sharecast News) - Shares of French broadcaster Canal+ tumbled nearly 16% during its London Stock Exchange debut on Monday, marking a rocky start for the largest new listing in the UK this year.
Mon 16 Dec 2024 10:50
(Sharecast News) - Clinical diagnostics specialist Oxford BioDynamics announced on Monday that Dr Jon Burrows had resigned from his positions as chief executive officer and board member, with immediate effect.
Mon 16 Dec 2024 10:39
(Sharecast News) - Last week's dramatic share-price plunge at cards and gifts retailer Moonpig represents a good buying opportunity for investors, according to Canaccord Genuity, which reiterated its positive stance on the stock.
Mon 16 Dec 2024 10:19
(Sharecast News) - Analysts at Berenberg raised their target price on food service business Compass Group from 2,460.0p to 2,900.0p on Monday, stating the company was in possession of "all the ingredients for sustained growth".
Mon 16 Dec 2024 09:52
(Sharecast News) - Strategic, environmental, and engineering consulting firm Ricardo said on Monday that it has agreed the sale of its Defense business to Proteus Enterprises and Gladstone Investment Corporation for $85m (£67.5m).
Mon 16 Dec 2024 09:30
(Sharecast News) - Clinical-stage biotech group Puretech Health has announced promising results from the trial of its lung disease treatment deupirfenidone, which the lead investigator hailed as "extremely exciting".
Mon 16 Dec 2024 08:52
(Sharecast News) - Shares in media group Videndum tanked on Monday after the company warned of a slower-than-expected recovery in end-markets.
Mon 16 Dec 2024 08:49
(Sharecast News) - Biotech firm Graft Polymer said on Monday that it has agreed to buy Awakn Life Sciences Corp, a clinical-stage biotechnology company developing therapeutics for substance use and mental health disorders, for £4.98m.
Mon 16 Dec 2024 08:35
(Sharecast News) - Eurozone business sentiment remained in the doldrums but there were signs of an easing of tougher conditions as the services industry returned to growth, according to preliminary survey data published on Monday.
Mon 16 Dec 2024 07:51
(Sharecast News) - Czech billionaire Daniel Kretinsky's £3.6bn takeover of Royal Mail has reportedly been approved by the government.
Mon 16 Dec 2024 07:47
(Sharecast News) - Saga said on Monday that it has entered into an agreement with Ageas to establish a 20-year partnership for motor and home insurance which includes the acquisition of its underwriting business.
Mon 16 Dec 2024 07:24
(Sharecast News) - Computacenter announced on Monday that Christian Jehle has stepped down as group chief financial officer and as an executive director of the board with immediate effect.
Mon 16 Dec 2024 07:19
(Sharecast News) - New seller asking prices fell again in December as the market slowed down in the run-up to Christmas, but activity remained strong compared to last year, according to data released by Rightmove on Monday.
Mon 16 Dec 2024 07:19
(Sharecast News) - Johnson Matthey's largest shareholder has called for a strategic review into the chemicals firm that could result in the sale of "part or all" of the group.
Mon 16 Dec 2024 07:19
(Sharecast News) - Australia's financial crime regulator has started civil penalty proceedings against Entain Group related to alleged contraventions of an anti-money laundering and counter-terrorism financing act.
Mon 16 Dec 2024 07:04
(Sharecast News) - GSK said the European Union's Committee for Medicinal Products for Human Use has recommended expanding approval of Jemperli in combination with chemotherapy for treatment of adults with primary advanced or recurrent endometrial cancer who are candidates for systemic therapy.
Fri 13 Dec 2024 13:55
(Sharecast News) - Alphabet's Google said it would be appealing against a 2.61 billion lira ($75m) fine by Turkey's competition authority over for taking advantage of its dominant position in the ad server services market, the regulator said on Friday.
Fri 13 Dec 2024 11:55
(Sharecast News) - Rentokil Initial rallied on Friday after activist investor Nelson Peltz's Trian Fund Management bought 7.5m shares in the pest control company for £31m.
Fri 13 Dec 2024 10:54
(Sharecast News) - Exploration and production firm Cadogan Energy said on Friday that it has signed a settlement agreement with Proger Management, Proger Ingegneria, Ma.Lo and TIFS Partecipazioni.
Fri 13 Dec 2024 10:43
(Sharecast News) - RBC Capital Markets recommended that investors "buy the dip" on Friday, as it initiated coverage of bakery chain Greggs with an 'outperform' rating and 3,240p price target.
Fri 13 Dec 2024 09:54
(Sharecast News) - Analysts at Berenberg lowered their target price on Impax Asset Management from 560.0p to 510.0p on Friday after news broke that the group's mandate to manage St James's Place's sustainable and responsible equity fund was expected to end in February 2025.
Fri 13 Dec 2024 09:42
(Sharecast News) - Financial services business WH Ireland said on Friday that pre-tax losses had narrowed in the six months ended 30 September after the "challenging market backdrop" had "another significant impact" on its performance.
Fri 13 Dec 2024 09:24
(Sharecast News) - The UK government has cut its stake in NatWest to just under 10%, taking the bank one step closer to private ownership.
Fri 13 Dec 2024 09:05
(Sharecast News) - Pottery business Portmeirion warned on Friday that both revenue and pre-tax profits for the year ending 31 December were now expected to be below market expectations.
Fri 13 Dec 2024 09:02
(Sharecast News) - Royal Mail has been fined £10.5m by the communications regulator Ofcom for failing to meet delivery targets for first and second-class mail in the 2023-2024 financial year.
Fri 13 Dec 2024 08:09
(Sharecast News) - US-based Kosmos Energy has confirmed it is in "very preliminary" talks with Tullow Oil about a possible takeover of the oil and gas exploration company.
Fri 13 Dec 2024 08:04
(Sharecast News) - Electronic components manufacturer TT Electronics said it continues to have confidence in its medium-term financial framework after Volex backed out of a takeover pursuit of the electronic components group, following a month of speculation that it may make an offer.
Fri 13 Dec 2024 07:17
(Sharecast News) - UK-based asset manager Schroders is reportedly looking to sell its Indonesian business as it considers exiting some sub-scale markets under new boss Richard Oldfield.
Fri 13 Dec 2024 07:02
(Sharecast News) - Norwegian sportswear retailer XXL said on Friday that it would go ahead with a rights issue as a takeover offer from Mike Ashley's Frasers Group's was unlikely to succeed.
Thu 12 Dec 2024 17:24
(Sharecast News) - Tullow Oil confirmed on Thursday that it is in preliminary talks with Kosmos Energy about a possible all-share offer for the oil and gas exploration company.
Thu 12 Dec 2024 14:16
(Sharecast News) - Investors' focus at the end of the week will be on a reading for UK gross domestic product covering the month of October.
Thu 12 Dec 2024 13:39
(Sharecast News) - Make UK said on Thursday that it has appointed Lord Richard Harrington as its new chair, succeeding Lord Hutton, who has chaired the manufacturers' organisation since 2022.
Thu 12 Dec 2024 12:05
(Sharecast News) - UK energy suppliers have been ordered to offer customers a zero standing charge tariff by next winter after intense criticism of the controversial fees.
Thu 12 Dec 2024 12:01
(Sharecast News) - Rio Tinto said on Thursday that it will invest $2.5bn to expand the Rincon project in Argentina, its first commercial scale lithium operation.
Thu 12 Dec 2024 11:35
(Sharecast News) - Shares in TT Electronics dropped on Thursday after Volex backed out of a takeover pursuit of the electronic components group, after a month of speculation that it may make an offer.
Thu 12 Dec 2024 10:50
(Sharecast News) - NewRiver REIT reported a solid financial position and stable operational performance for the six months ended 30 September on Thursday, following the recent acquisitions of Capital & Regional and Ellandi.
Thu 12 Dec 2024 10:03
(Sharecast News) - Independent proxy voting adviser Glass Lewis has recommended Boohoo shareholders vote against Frasers Group's proposals to strong-arm Mike Ashley on to the board of the fast-fashion retailer.
Thu 12 Dec 2024 09:32
(Sharecast News) - Berenberg has slashed its target price for SThree by a quarter after a profit warning from the STEM-focused recruitment group on Thursday, but said it still sees long-term upside for the stock.
Thu 12 Dec 2024 09:29
(Sharecast News) - Power firm Drax has struck a multi-year deal with Pathway Energy for the supply of biomass pellets to the latter's proposed sustainable aviation fuel project in the US.
Thu 12 Dec 2024 09:22
(Sharecast News) - Heat treatment and specialist thermal processing specialist Bodycote unveiled a strategy to drive growth, operational performance and sustainability on Thursday.
Thu 12 Dec 2024 09:19
(Sharecast News) - Banknote printer De La Rue reported a decline in first-half operating profit on Thursday as revenue fell, with revenue from the currency segment down as a number of deliveries moved into the second half of the year.
Thu 12 Dec 2024 08:47
(Sharecast News) - Shares in SThree plunged on Thursday, after the recruiter posted a slide in net fees and warned that the ongoing challenging market conditions would hit profits.
Thu 12 Dec 2024 08:04
(Sharecast News) - Property developer Henry Boot's Hallam Land subsidiary has unconditionally exchanged contracts for the sale of roughly 600 plots in the Midlands, taking the firm's ungeared internal rate of return of 28% per annum.
Thu 12 Dec 2024 07:44
(Sharecast News) - Diageo fizzed higher on Thursday as UBS upgraded the shares to 'buy' from 'sell and hiked the price target to 2,920p from 2,300p, saying it sees upside risks to the US business.
Thu 12 Dec 2024 07:38
(Sharecast News) - Automaker Stellantis will reportedly extend the production stoppage at its Italian Mirafiori plant until January 20.
Thu 12 Dec 2024 07:14
(Sharecast News) - Electricals retailer Currys said on Thursday that it swung back into the black in the first half, with a solid performance in the UK and Ireland helping to offset weakness in the Nordics.
Thu 12 Dec 2024 07:13
(Sharecast News) - Carr's Group reported a 2.7% improvement in like-for-like revenue in its full-year results on Thursday, to £148m, driven by an 18.8% rise in the engineering division offset by a 6% decline in the agriculture division.
Thu 12 Dec 2024 07:03
(Sharecast News) - Private equity firm TA Associates said it has agreed to sell its entire 12.6% stake in Auction Technology for £85.3m.
Thu 12 Dec 2024 07:03
(Sharecast News) - Magners owner C&C Group said on Thursday that it has appointed the former head of AG Barr chief executive.
Wed 11 Dec 2024 15:22
(Sharecast News) - Exxon Mobil said on Wednesday that it was planning to lift spending on oil production as it outlined the key elements of its 2030 plan.
Wed 11 Dec 2024 13:57
(Sharecast News) - Shares in Macy's fell sharply after the department store chain owner lowered full-year profit forecasts on weak demand ahead of the crucial holiday sales season.
Wed 11 Dec 2024 13:41
(Sharecast News) - Close Brothers shares surged on Wednesday after the Supreme Court agreed that it could appeal a landmark ruling on motor finance commissions.
Wed 11 Dec 2024 13:03
(Sharecast News) - Patterson Companies surged on Wednesday as the dental and animal health distributor agreed to be bought by healthcare investment firm Patient Square Capital in a $4.1bn deal.
Wed 11 Dec 2024 12:52
(Sharecast News) - Grocery sales ticked higher last month, industry research showed on Wednesday, ahead of a likely surge in the weeks leading up to Christmas.
Wed 11 Dec 2024 11:14
(Sharecast News) - Chemist chain Boots could be put up for sale again should a possible takeover of its US parent go ahead, it was reported on Wednesday.
Wed 11 Dec 2024 10:10
(Sharecast News) - The market spotlight on Thursday will be on the European Central Bank as rate-setters meet in Frankfurt to decide on policy.
Wed 11 Dec 2024 10:08
(Sharecast News) - Analysts at RBC reiterated their view that the Infrastructure and Renewables Funds sector appeared to continue to offer "exceptional value".
Wed 11 Dec 2024 09:33
(Sharecast News) - Heathrow has said it is preparing for its busiest December in history after monthly traffic statistics continued to set new records.
Wed 11 Dec 2024 09:33
(Sharecast News) - Heathrow has said it is preparing for its busiest December in history after monthly traffic statistics continued to set new records.
Wed 11 Dec 2024 09:31
(Sharecast News) - HSBC upgraded Reckitt Benckiser on Wednesday to 'buy' from 'hold' and lifted the price target to 5,500p from 4,800p as it took a look at the outlook for consumer staples next year.
Wed 11 Dec 2024 09:30
(Sharecast News) - Analysts at Berenberg lowered their target price on Premier Inn-owner Whitbread from 4,000.0p to 3,900.0p on Wednesday following the recent UK budget.
Wed 11 Dec 2024 09:29
(Sharecast News) - Jefferies has reiterated its 'buy' stance on Aviva after the insurer's £3.6bn takeover pursuit of Direct Line was agreed by the latter's board, but said that the deal brings major execution risks.
Wed 11 Dec 2024 09:28
(Sharecast News) - IT provider Kainos said on Wednesday that it has re-appointed Brendan Mooney to the board as chief executive officer.
Wed 11 Dec 2024 08:45
(Sharecast News) - Corporate health and wellbeing solutions provider Optima Health reported an 11% decline in revenue in its interim results on Wednesday, to £50.8m.
Wed 11 Dec 2024 08:26
(Sharecast News) - Specialist motor and property financier S&U reported a mixed trading performance for the period between 1 August and 10 December on Wednesday, amid challenging conditions in the UK financial services sector.
Wed 11 Dec 2024 08:20
(Sharecast News) - BA and Iberia owner IAG flew higher on Wednesday after Deutsche Bank upgraded the shares to 'buy' from 'hold' and hiked the price target to 400p from 215p.
Wed 11 Dec 2024 08:04
(Sharecast News) - Kitchenware brand ProCook said on Wednesday that underlying losses had widened in the six months ended 13 October, partly due to a contraction in gross margins.
Wed 11 Dec 2024 08:02
(Sharecast News) - German online fashion retailer Zalando said on Wednesday that it has agreed to buy About You in a deal that values its rival at around €1.1bn.
Wed 11 Dec 2024 07:53
(Sharecast News) - Travel giant TUI said annual operating profit jumped by more than a third and said it expected more growth next year driven by expanded capacity in its holiday business to meet demand.
Wed 11 Dec 2024 07:28
(Sharecast News) - Volution reported a rise in revenue on Wednesday as it hailed a particularly strong performance in the UK residential market.
Wed 11 Dec 2024 07:24
(Sharecast News) - British American Tobacco reaffirmed its full-year guidance for 2024 on Wednesday, supported by a stronger second half driven by investments in its US commercial operations and innovation in its 'New Categories' portfolio.
Wed 11 Dec 2024 07:23
(Sharecast News) - Kurdistan-focused oil producer Gulf Keystone Petroleum has said it remains committed to returning excess cash to shareholders despite a difficult operating environment, as the company raised its share buyback plan by $10m.
Wed 11 Dec 2024 07:04
(Sharecast News) - Shares in Endeavour Mining spiked on Wednesday as the company said it would conduct a definitive feasibility study (DFS) on its Assafou-Dibibango gold project in Côte d'Ivoire after preliminary assessment confirmed its potential to be a tier one asset.
Tue 10 Dec 2024 14:01
(Sharecast News) - Porvair, the specialist filtration, laboratory and environmental technology businesses, has revealed that full-year profits should be "marginally" ahead of market expectations.
Tue 10 Dec 2024 13:40
(Sharecast News) - Shares in DG Innovate dropped on Tuesday after the mobility and energy storage technology company announced a share placing to raise £500,000.
Tue 10 Dec 2024 13:15
(Sharecast News) - All eyes in the middle of the week will be on the latest consumer price data due out in the States.
Tue 10 Dec 2024 12:49
(Sharecast News) - Shares in TeamViewer plunged on Tuesday as the remote-working software maker said it was buying 1E from Carlyle Group for $720m.
Tue 10 Dec 2024 11:53
(Sharecast News) - Canary Wharf Group has secured a £610m loan with US private capital firm Apollo, the east London landlord confirmed on Tuesday.
Tue 10 Dec 2024 11:20
(Sharecast News) - Systems support software and training solutions specialist Pennant International forecast full-year results in line with market expectations in an update on Tuesday, flagging revenue of around £14m and adjusted EBITDA of £1.2m.
Tue 10 Dec 2024 09:59
(Sharecast News) - Berenberg has lifted its target price for BAE Systems and reiterated a 'buy' rating on aerospace and defence giant, saying growth drivers for the business remain "compelling".
Tue 10 Dec 2024 09:43
(Sharecast News) - Crisis-hit Thames Water reported a spike in sewage spills and higher debts on Tuesday, but insisted it was moving closer to being on a more stable financial footing.
Tue 10 Dec 2024 09:30
(Sharecast News) - Goldman Sachs upgraded its stance on British Land on Tuesday to 'buy' from 'neutral', citing a stronger growth outlook, as it took a look at European real estate stocks.
Tue 10 Dec 2024 09:12
(Sharecast News) - Property development and investment firm Great Portland Estates said on Tuesday that Heineken UK has signed a new office lease for 17,000 square foot at its wells&more asset in West London.
Tue 10 Dec 2024 08:48
(Sharecast News) - Moonpig said on Tuesday that it swung to a pre-tax loss in the first half as it pointed to "challenging" trading in its Experiences segment.
Tue 10 Dec 2024 08:09
(Sharecast News) - Prudential is reportedly considering options for its asset manager Eastspring Investments that include selling a minority stake to help broaden the business.
Tue 10 Dec 2024 08:07
(Sharecast News) - Shares in NCC tanked on Tuesday despite the Manchester-based cybersecurity and software services firm delivering in-line annual results, as investors focused on the outlook statement, which pointed to a lengthening of sales cycles in recent months.
Tue 10 Dec 2024 08:02
(Sharecast News) - Analysts at RBC Capital Markets upgraded Hikma Pharmaceuticals from 'sector perform' to 'outperform' on Tuesday as it took a look at the wider European pharmaceutical and biotechnology sector.
Tue 10 Dec 2024 08:01
(Sharecast News) - Contract research organisation Hvivo has struck a £11.5m Respiratory Syncytial Virus contract with an "existing top-tier global pharmaceutical client".
Tue 10 Dec 2024 07:51
(Sharecast News) - British Gas owner Centrica said it expects full-year profits to match analysts' estimates as it beefed up its share buyback programme by £300m.
Tue 10 Dec 2024 07:31
(Sharecast News) - JPMorgan Cazenove upgraded Unite Group but downgraded LondonMetric on Tuesday as it took a look at the outlook for European property stocks.
Tue 10 Dec 2024 07:25
(Sharecast News) - FirstGroup announced an agreement to acquire London bus operator RATP Dev Transit London the French state-owned from RATP Développement on Tuesday, for an enterprise value of £90m.
Tue 10 Dec 2024 07:21
(Sharecast News) - News wholesaler and distributor Smiths News announced a new long-term distribution contract with Reach, the UK's largest commercial news publisher, on Tuesday.
Tue 10 Dec 2024 07:06
(Sharecast News) - Games Workshop on Tuesday said it had reached a final deal with Amazon to adapt its Warhammer 40,000 universe into films and television series, together with associated merchandising rights after agreeing creative guidelines.
Tue 10 Dec 2024 06:20
(Sharecast News) - The market spotlight on Tuesday will turn to Asia, where the latest Chinese trade numbers are due out and central bankers Down Under are due to decide on policy.
Mon 09 Dec 2024 16:03
(Sharecast News) - Engineering firm Renishaw said on Monday that co-founder and non-executive director Sir David McMurtry has died suddenly.
Mon 09 Dec 2024 13:31
(Sharecast News) - Consumer conglomerate Unilever said it had appointed Reginaldo Ecclissato as president of its new "One Unilever Markets", reporting to chief executive officer Hein Schumacher.
Mon 09 Dec 2024 13:10
(Sharecast News) - Chipmaker Nvidia was under the cosh early on Monday after Chinese regulators announced they had launched an investigation into the firm over possible violations of the country's antimonopoly laws.
Mon 09 Dec 2024 13:03
(Sharecast News) - Deutsche Bank downgraded its stance on equipment rental firm Ashtead on Monday to 'hold' from 'buy' as it said the stock was trading close to its 6,500p price target.
Mon 09 Dec 2024 12:15
(Sharecast News) - Morgan Stanley upgraded Weir Group and Spirax on Monday as it took a look at the European capital goods sector.
Mon 09 Dec 2024 11:43
(Sharecast News) - Troubled Vape maker Chill Brands has said a planned government ban on single-use vapes had already started to hit UK sales, and said court case over claims of fraud and theft by former executives was due to start next week.
Mon 09 Dec 2024 11:11
(Sharecast News) - Shares in BP shot up on Monday after the energy giant said it had partnered with Japan's largest power generation company to combine their offshore wind operations.
Mon 09 Dec 2024 10:37
(Sharecast News) - Analysts at Canaccord Genuity lowered their target price on oil and gas business Touchstone Exploration from 60.0p to 90.0p on Monday but said there was "still plenty of upside" to the stock despite recent changes in production guidance.
Mon 09 Dec 2024 10:03
(Sharecast News) - Analysts at Berenberg slashed their target price on business-critical services and software firm Marlowe from 710.0p to 400.0p on Monday following the group's interim results on 5 December.
Mon 09 Dec 2024 08:41
(Sharecast News) - RBC Capital Markets has cut its target price for Berkeley Group and reiterated an 'underperform' rating, saying that while the long-term picture looks intact, it has cut its forecasts for shareholder returns.
Mon 09 Dec 2024 08:00
(Sharecast News) - Shore Capital upgraded AJ Bell on Monday to 'buy' from 'hold' following share price weakness.
Mon 09 Dec 2024 07:38
(Sharecast News) - Boohoo said on Monday that international shareholder advisory group ISS has recommended that its shareholders vote against resolutions seeking board representation from Mike Ashley' Frasers Group.
Mon 09 Dec 2024 07:33
(Sharecast News) - Domino's Pizza Group, the UK master franchise of the American takeaway giant, on Monday announced a new "profitability and growth framework" with its franchise partners, that will see it invest an additional £3-4m per annum from next year.
Mon 09 Dec 2024 07:23
(Sharecast News) - Oil and gas exploration firm Ascent Resources has tapped Gilles Thieffry to take over as non-executive chairman of the company.
Mon 09 Dec 2024 07:21
(Sharecast News) - Investment manager Foresight Group announced an extension of its share buyback programme on Monday, increasing the maximum amount by £5m to £15m.
Mon 09 Dec 2024 07:17
(Sharecast News) - Early-stage science investor IP Group plans to increase its share buyback plan after raising £15m from the sale of minority holdings in several portfolio companies.
Mon 09 Dec 2024 07:06
(Sharecast News) - GSK said the US Food and Drug Administration has agreed to look at data from its MATINEE study to support the regulatory review process to obtain a new use of its Nucala drug as an add-on maintenance treatment for patients with chronic obstructive pulmonary disease (COPD).
Fri 06 Dec 2024 14:48
(Sharecast News) - EToro is reportedly working with Goldman Sachs on a potential initial public offering in the US.
Fri 06 Dec 2024 13:24
(Sharecast News) - Puig shares slumped on Friday after the Spanish fashion and beauty company said a batch of Charlotte Tilbury make-up spray was being withdrawn from the market due to a quality issue.
Fri 06 Dec 2024 13:22
(Sharecast News) - FirstGroup announced a £500m lease agreement with Angel Trains and Hitachi Rail for 14 new five-car class 80X high-speed trains on Friday, to support its open-access rail operations.
Fri 06 Dec 2024 11:00
(Sharecast News) - The Guardian owner, the Scott Trust, has announced that the sale of The Observer to Tortoise Media has been agreed in principle, in a deal that will see the media investment firm take a stake in Tortoise.
Fri 06 Dec 2024 10:12
(Sharecast News) - National World said on Friday that it was "minded to recommend" a final and improved takeover offer from Media Concierge Limited at 23p per share in cash.
Fri 06 Dec 2024 10:10
(Sharecast News) - Jefferies has downgraded both United Utilities and Severn Trent from 'buy' to 'hold' ahead of this month's Ofwat final regulatory proposals, saying that the risk-reward looks more balanced at current valuations.
Fri 06 Dec 2024 09:39
(Sharecast News) - Clothing business Quiz warned on Friday that it may require additional funding as decreased footfall weighed on sales in the three months ended 30 November.
Fri 06 Dec 2024 09:05
(Sharecast News) - AIM-listed food producer Camellia has launched a £9m share buyback plan to return capital to shareholders following the completion of the $100m sale of its stake in Bermuda and Caribbean-focused insurer BF&M.
Fri 06 Dec 2024 08:00
(Sharecast News) - Floorings business James Halstead said on Friday that trading in the current financial year was on track to meet internal expectations of "continued progress".
Fri 06 Dec 2024 07:51
(Sharecast News) - Mike Ashley's Frasers Group said on Friday that it was launching a voluntary offer for all the shares in Norwegian sporting goods retailer XXL that it does not already own at 10 Norwegian kroner per share.
Fri 06 Dec 2024 07:23
(Sharecast News) - Berkeley Group reported a pre-tax profit of £275.1m for the six months ended 31 October on Friday, a 7.7% decline compared to the prior year.
Fri 06 Dec 2024 07:05
(Sharecast News) - Shares in Direct Line spiked on Friday after the UK insurer said it was ready to accept an increased offer from rival Aviva of 275p a share, valuing the company at £3.6bn.
Thu 05 Dec 2024 17:20
(Sharecast News) - Marks and Spencer received approval from the Secretary of State for Housing, Communities, and Local Government to redevelop its Marble Arch store on Oxford Street, it announced on Thursday.
Thu 05 Dec 2024 14:03
(Sharecast News) - Thames Water's largest creditor group has been unable to prevent the company from using an emergency loan to pay expected fines from Ofwat over the coming year, according to Sky News.
Thu 05 Dec 2024 12:31
(Sharecast News) - Security and surveillance systems specialist Synectics announced on Thursday that it has been awarded contracts totalling $2.7m to deploy its flagship Synergy software platform in gaming resorts in the Philippines and the United States.
Thu 05 Dec 2024 12:03
(Sharecast News) - As occurs at the start of each month, all eyes will turn towards the US on Friday and the release of the latest monthly non-farm payrolls figures.
Thu 05 Dec 2024 11:19
(Sharecast News) - Jefferies upgraded Diageo to 'buy' from 'hold' on Thursday and lifted the price target to 2,800p from 2,300p.
Thu 05 Dec 2024 11:02
(Sharecast News) - Analysts at Berenberg hiked their target price on safety equipment business Halma from 2,450.0p to 2,700.0p on Thursday as it acknowledged the group's sustainable growth model was in action.
Thu 05 Dec 2024 10:36
(Sharecast News) - Marlowe reported an uptick in half-year revenues on Thursday, in its first results since spinning off its occupational health division.
Thu 05 Dec 2024 10:34
(Sharecast News) - JPMorgan Cazenove upgraded Bellway and Crest Nicholson on Thursday but downgraded Taylor Wimpey as it took a look at UK housebuilders.
Thu 05 Dec 2024 10:23
(Sharecast News) - Sabre Insurance Group reaffirmed its 2024 guidance in an update on Thursday, as it expected to achieve its highest-ever gross written premium.
Thu 05 Dec 2024 10:17
(Sharecast News) - Baltic Classifieds Group reported a 17% improvement in first-half revenue on Thursday, to €41.8m, with core B2C and C2C classifieds streams, which account for 90% of revenue, also growing 17%.
Thu 05 Dec 2024 09:57
(Sharecast News) - Watches of Switzerland reported a jump in first-half revenue on Thursday amid solid US demand, but a drop in profit.
Thu 05 Dec 2024 09:54
(Sharecast News) - Shares in British cosmetics challenger brand Brand Architekts nearly doubled in price on Thursday after larger rival Warpaint announced a £13.9m takeover.
Thu 05 Dec 2024 09:49
(Sharecast News) - Semiconductor business Alphawave IP revealed on Thursday that chairman John Holt was set to retire from the group for undisclosed "personal reasons".
Thu 05 Dec 2024 09:37
(Sharecast News) - Drugmaker GSK has revised and extended its strategic vaccine collaboration with Chinese firm Chongqing Zhifei Biological Products.
Thu 05 Dec 2024 09:15
(Sharecast News) - Publishing company Future said on Thursday that profits had dropped in the 12 months ended 30 September but stated that it was "well positioned" after H2 momentum had driven a return to organic growth.
Thu 05 Dec 2024 08:48
(Sharecast News) - AstraZeneca drug Imfinzi has been approved for use in the US for patients with limited stage small cell lung cancer, the biopharmaceutical specialist confirmed on Thursday.
Thu 05 Dec 2024 08:35
(Sharecast News) - Bus and train firm FirstGroup has completed the acquisition of Grand Union, which holds track access rights for a new open access rail service between Carmarthen in Wales and London Paddington.
Thu 05 Dec 2024 08:23
(Sharecast News) - French polling company Ipsos has pulled out of making a binding offer for Kantar Media, just days after starting talks on a possible deal.
Thu 05 Dec 2024 08:12
(Sharecast News) - Tullow Oil said on Thursday that Rahul Dhir will step down as chief executive officer and resign from the board next year "to pursue other business, academic and family interests".
Thu 05 Dec 2024 08:09
(Sharecast News) - Infrastructure specialist Balfour Beatty reported a robust performance in a trading update on Thursday, with earnings growth expected and plans for further share buybacks in 2025.
Thu 05 Dec 2024 08:03
(Sharecast News) - Greeting card and gift retailer Card Factory said on Thursday that it had entered the US market after acquiring Garven for $25m (£19.6m).
Thu 05 Dec 2024 07:58
(Sharecast News) - Energy giants Equinor and Shell on Thursday said they were combining their British offshore oil and gas assets to create what they said would be the UK North Sea's biggest independent oil and gas producer.
Thu 05 Dec 2024 07:53
(Sharecast News) - Admiral shot higher on Thursday as Deutsche Bank upgraded the stock to 'buy' from 'hold' and lifted the price target to 3,020p from 3,000p saying it was becoming more positive on the wider UK motor insurance space, particularly for those that are larger players such as Admiral, and those that are more disciplined.
Thu 05 Dec 2024 07:26
(Sharecast News) - Vistry Group has agreed to build nearly 950 new homes near London's Olympic Park, the blue chip announced on Thursday.
Thu 05 Dec 2024 07:25
(Sharecast News) - Wood Group said on Thursday that it has secured three "major" agreements with BP to provide engineering and project delivery services for their capital projects worldwide.
Thu 05 Dec 2024 07:22
(Sharecast News) - Investment platform AJ Bell reported record full-year financial results on Thursday, with revenue rising 23% year-on-year to £269.4m, while profit before tax increased 29% to £113.3m.
Thu 05 Dec 2024 07:20
(Sharecast News) - The Competition and Markets Authority has cleared the proposed merger between Vodafone and Three on the proviso that the companies promise to invest billions to roll out a combined 5G network across the UK.
Thu 05 Dec 2024 07:18
(Sharecast News) - Shares in Frasers Group nosedived as the UK sportswear and fashion retailer lowered full-year profit forecasts, citing weaker consumer confidence leading up to and after the government's recent Budget and a tougher trading environment.
Thu 05 Dec 2024 07:02
(Sharecast News) - DS Smith posted a slide in half-year earnings on Thursday, hit by "challenging" market conditions, including weaker prices and higher costs.
Wed 04 Dec 2024 19:52
(Sharecast News) - Investors' focus on Thursday will be on the US labour market.
Wed 04 Dec 2024 19:52
(Sharecast News) - Investors' focus on Thursday will be on the US labour market.
Wed 04 Dec 2024 15:07
(Sharecast News) - UnitedHealthcare chief executive Brian Thompson has been shot dead outside the Hilton Hotel in midtown Manhattan in an apparent targeted attack, New York police said on Wednesday.
Wed 04 Dec 2024 14:00
(Sharecast News) - AstraZeneca said it had appointed AstraZeneca today announced the appointment of Iskra Reic as Executive Vice President (EVP), International with responsibility for overall strategy and driving sustainable growth across this broad region. This encompasses China, Asian and Eurasian markets, Middle East & Africa, Latin America, Australia & New Zealand. as executive vice-president of its international division with responsibility for overall strategy and driving sustainable growth across China, Asian and Eurasian markets, Middle East & Africa, Latin America, Australia & New Zealand.
Wed 04 Dec 2024 13:44
(Sharecast News) - Private sector employment in the US rose less than expected in November, according to figures released on Wednesday by ADP.
Wed 04 Dec 2024 12:00
(Sharecast News) - Eli Lilly said on Wednesday that a clinical trial had shown that patients taking its weight-loss drug Zepbound (tirzepatide) lost 47% more weight than those taking Novo Nordisk's Wegovy (semaglutide).
Wed 04 Dec 2024 09:49
(Sharecast News) - BA and Iberia owner IAG flew higher on Wednesday as JPMorgan Cazenove said it was the "most compelling" overweight in the airline sector and added the stock to its Analyst Focus List and put it on "positive catalyst watch".
Wed 04 Dec 2024 09:29
(Sharecast News) - Vodafone said on Wednesday that it was selling its remaining 3% stake in India's Indus Towers.
Wed 04 Dec 2024 09:29
(Sharecast News) - Vodafone said on Wednesday that it was selling its remaining 3% stake in India's Indus Towers.
Wed 04 Dec 2024 09:26
(Sharecast News) - Analysts at Canaccord Genuity raised their target price on development and exploration firm Greatland Gold from 15.0p to 17.0p on Wednesday and reiterated their 'speculative buy' rating on the stock after the group completed its acquisition of the 70% of the Havieron project that it did not already own, in addition to the Telfer mine from Newmont.
Wed 04 Dec 2024 08:07
(Sharecast News) - Construction and engineering group Costain has been awarded a new contract as a sole supplier to deliver tunnel and lineside mechanical and electrical systems for HS2.
Wed 04 Dec 2024 07:49
(Sharecast News) - Shares in instant-service vending equipment firm ME Group dipped on Wednesday despite the company pointing to record financial results for the full year, including double-digit growth in profits.
Wed 04 Dec 2024 07:46
(Sharecast News) - Ingredients and flavour manufacturer Treatt reported a rise in full-year profit and revenue on Wednesday, as it hailed a particularly strong revenue performance in the second half.
Wed 04 Dec 2024 07:46
(Sharecast News) - Ingredients and flavour manufacturer Treatt reported a rise in full-year profit and revenue on Wednesday, as it hailed a particularly strong revenue performance in the second half.
Wed 04 Dec 2024 07:40
(Sharecast News) - Zigup reported a mixed half-year on Wednesday, with underlying revenues growing 5.6% to £775m on the back of robust performances in vehicle hire and claims services, although reported revenue slipped 0.8% to £903.6m due to weaker vehicle sales.
Wed 04 Dec 2024 07:39
(Sharecast News) - Power generation company Drax said chief financial officer Andy Skelton was retiring his position and as an executive director.
Wed 04 Dec 2024 07:34
(Sharecast News) - Energy suppliers Centrica and EDF have announced the extension of the lives of four operational nuclear power stations, which they say will help maintain grid stability in the UK.
Wed 04 Dec 2024 07:21
(Sharecast News) - Light Science Technologies reported record full-year revenue in an update on Wednesday, with group sales rising around 29% over the 12 months ended 30 November, to £12m.
Wed 04 Dec 2024 07:17
(Sharecast News) - Financial services and investment group Legal & General has maintained profit guidance for the full year and hinted at more returns for shareholders than previously announced.
Wed 04 Dec 2024 07:05
(Sharecast News) - Rio Tinto on Wednesday forecast higher consolidated mined copper production for the 2025 financial year driven by higher output from its Oyu Tolgoi operation in Mongolia and also faced calls from hedge fund Palliser to scrap its dual listing structure.
Tue 03 Dec 2024 15:57
(Sharecast News) - All eyes in the middle of the week will be on no-confidence votes against the French government.
Tue 03 Dec 2024 11:20
(Sharecast News) - NatWest Group is on track to return to full private ownership next year, its chief executive said on Tuesday.
Tue 03 Dec 2024 11:18
(Sharecast News) - On The Beach surged on Tuesday after the package holiday firm reinstated its dividend and announced a £25m share buyback as it posted a rise in full-year profit and revenue.
Tue 03 Dec 2024 10:27
(Sharecast News) - Hospitality, vending and remote asset management data specialist Vianet Group reported a strong half-year financial and operational performance on Tuesday, as it returned to profitability, reinstated its interim dividend, and reaffirmed its confidence in achieving full-year growth targets.
Tue 03 Dec 2024 10:02
(Sharecast News) - Discoverie Group said it was on track to meet full-year earnings on Tuesday following a "resilient" first half, sending the shares higher.
Tue 03 Dec 2024 09:49
(Sharecast News) - Shares in Genel Energy were sliding on Tuesday morning, after the London Court of International Arbitration ruled in favor of the Kurdistan Regional Government (KRG) late on Monday over the termination of the Bina Bawi and Miran production sharing contracts.
Tue 03 Dec 2024 09:49
(Sharecast News) - Analysts at Berenberg raised their target price on Direct Line Insurance from 215.0p to 270.0p on Tuesday following Aviva's non-binding 250.0p per share offer for the group.
Tue 03 Dec 2024 09:41
(Sharecast News) - Gulf Marine Services, a provider of self-propelled, self-elevating support vessels for the offshore energy industry, announced the award of a new contract for one of its small-class vessels in the Gulf Cooperation Council (GCC) region on Tuesday.
Tue 03 Dec 2024 09:33
(Sharecast News) - Pub group Marston's reported a rise in full-year profit and revenue on Tuesday as it struck an upbeat note about the outlook.
Tue 03 Dec 2024 09:30
(Sharecast News) - Close-ended real estate investment trust PRS has announced that it is in "active discussions" with potential bidders after the recent revelation that it was considering a sale.
Tue 03 Dec 2024 09:16
(Sharecast News) - Construction group Galliford Try announced on Tuesday that it has been awarded two commercial contracts in London with a combined value of £87m.
Tue 03 Dec 2024 09:14
(Sharecast News) - The Financial Conduct Authority has signalled it would be potentially willing to green light Chinese retailer Shein's London £50bn debut, it was reported on Tuesday.
Tue 03 Dec 2024 09:12
(Sharecast News) - HgCapital Trust announced the sale of bookkeeping automation solutions provider Dext Software to accountancy, education management, HR, and payroll specialist Iris Software Group on Tuesday.
Tue 03 Dec 2024 08:15
(Sharecast News) - Shares in Victrex Group rallied in early trading on Tuesday, despite a slide in annual profits, after the polymer specialist said 2025 had got off to a "solid" start.
Tue 03 Dec 2024 08:04
(Sharecast News) - Budget carrier Wizz Air reported a 1.7% year-on-year jump in passenger numbers for November and a modest uptick in load factor on Tuesday.
Tue 03 Dec 2024 08:03
(Sharecast News) - Budget airline Ryanair reported an 11% jump in passenger numbers for November on Tuesday.
Tue 03 Dec 2024 07:54
(Sharecast News) - Upper Crust and Ritazza owner SSP reported a jump in full-year profit and revenue as good performances in North America and the UK helped to offset a disappointing performance in Continental Europe.
Tue 03 Dec 2024 07:27
(Sharecast News) - RBC Capital Markets upgraded equipment rental firm Ashtead on Tuesday to 'outperform' from 'sector perform' and hiked the price target to 7,450p from 5,200p.
Tue 03 Dec 2024 07:26
(Sharecast News) - Smart sensors and software business Oxford Metrics said on Tuesday that both revenues and profits had dropped in the year ended 30 September, principally due to delayed purchase decisions and a slowdown in the global games industry.
Tue 03 Dec 2024 07:24
(Sharecast News) - Derwent London announced the acquisition of the remaining 50% stake in its 50 Baker Street W1 project from joint venture partner Lazari Investments on Tuesday, for £44.4m, equating to £370 per square foot of the consented floor area.
Mon 02 Dec 2024 14:48
(Sharecast News) - Intel said on Monday that chief executive Pat Gelsinger has retired after four years in the job.
Mon 02 Dec 2024 14:47
(Sharecast News) - The Institute for Supply Management's manufacturing purchasing managers index increased to 48.4 in November, up from 46.5 in October and ahead of forecasts of 47.5.
Mon 02 Dec 2024 12:53
(Sharecast News) - British wealth manager St James's Place is reportedly planning to make around 500 layoffs in the coming months.
Mon 02 Dec 2024 12:12
(Sharecast News) - Deutsche Bank upgraded Burberry, Associated British Foods and Gucci owner Kering on Monday as it took a look at consumer discretionary and luxury goods.
Mon 02 Dec 2024 11:36
(Sharecast News) - Analysts at Berenberg lowered their target price on drugmaker GSK from £18.20 to £16.00 on Monday after hosting chief financial officer Julie Brown at its 2024 Pharma CFO series.
Mon 02 Dec 2024 11:18
(Sharecast News) - Canaccord Genuity has initiated coverage of personal pension scheme provider PensionBee with a 'buy' rating, viewing the investment as "the ultimate high-growth pension stock".
Mon 02 Dec 2024 10:38
(Sharecast News) - Embattled utility provider Thames Water has tapped AlixPartners' Julian Gething to oversee its debt restructuring as it looks to evade temporary nationalisation.
Mon 02 Dec 2024 10:06
(Sharecast News) - RBC Capital Markets upgraded Barratt Redrow and Crest Nicholson on Monday but downgraded Persimmon and Vistry as it took a look at UK housebuilders.
Mon 02 Dec 2024 09:56
(Sharecast News) - Technology firm BATM Advanced Communications has received an order from an unnamed Tier 1 communications service provider for its Edgility platform.
Mon 02 Dec 2024 09:33
(Sharecast News) - Topps Tiles hit back on Monday after its largest shareholder MS Galleon criticised the tile specialist for a series of "costly blunders" and called on the board to overhaul its senior management and strategy.
Mon 02 Dec 2024 09:00
(Sharecast News) - Shares in auto giant Stellantis slumped on Monday after the shock resignation of Carlos Tavares as the chief executive over the weekend.
Mon 02 Dec 2024 08:14
(Sharecast News) - Citi reiterated its 'buy' recommendation on BAE Systems on Monday after the shares slumped on Friday on the back of a downgrade by Bank of America Merrill Lynch.
Mon 02 Dec 2024 08:00
(Sharecast News) - Early-years brand Mothercare swung into the red in the first half after a sharp decline in revenues, but hopes that its new £30m joint venture in South Asia and recent refinancing will support growth going forward.
Mon 02 Dec 2024 07:50
(Sharecast News) - AIM-listed Supreme confirmed on Monday that it has bought Typhoo Tea out of administration for £10.2m in cash.
Mon 02 Dec 2024 07:44
(Sharecast News) - Condor Gold said on Monday that it has received a non-binding takeover offer from AIM-listed group Metals Exploration.
Mon 02 Dec 2024 07:25
(Sharecast News) - Infrastructure investor International Public Partnerships (INPP) reaffirmed its 2024 dividend target of 8.37p per share in a portfolio update on Monday, making for a 3% increase from 2023 and maintaining its record of annual dividend growth since its 2006 initial public offering.
Mon 02 Dec 2024 07:24
(Sharecast News) - UK house prices rose in November at their fastest rate in two years, despite affordability pressures on buyers, according to data published by mortgage lender Nationwide on Monday.
Fri 29 Nov 2024 14:04
(Sharecast News) - TSB said on Friday that it has appointed Marc Armengol as its new chief executive officer.
Fri 29 Nov 2024 10:46
(Sharecast News) - Aptamer Group, the developer of 'Optimer' binders for the life sciences industry, flagged solid operational progress in an update on Friday, reporting that since its £2.6m fundraising in July, it had achieved cost-reduction targets, streamlined scientific production, and executed a new commercial growth strategy.
Fri 29 Nov 2024 10:14
(Sharecast News) - Drug discovery company Argent BioPharma announced its intention to delist its ordinary shares from the London Stock Exchange on Friday.
Fri 29 Nov 2024 10:08
(Sharecast News) - Analysts at Berenberg lowered their target price on diversified chemicals Johnson Matthey from 1,650.0p to 1,500.0p on Friday following the group's H125 results.
Fri 29 Nov 2024 09:37
(Sharecast News) - JP Morgan has adopted a positive position on European hotel and gaming stocks, including upgrading France's Accor and reiterating its 'overweight' rating on Marston's.
Fri 29 Nov 2024 09:36
(Sharecast News) - Berenberg has said it has a positive stance UK consumer stocks heading into 2025 due to depressed valuations and improving macro trends, naming JD Sports, Curry's and Dunelm among the best picks in the sector.
Fri 29 Nov 2024 08:49
(Sharecast News) - Spire Healthcare shares had pared earlier strong gains by Friday afternoon after India's Narayana Health said it does not intend to make an offer for the company.
Fri 29 Nov 2024 07:24
(Sharecast News) - AIM-listed investment banking group Peel Hunt swung to a first-half profit on the back of a big jump in revenues as the business capitalised on improving market conditions, though the outlook remains uncertain.
Fri 29 Nov 2024 07:23
(Sharecast News) - McBride has successfully refinanced its banking facilities, it announced on Friday, securing a €200m revolving credit facility (RCF) with a four-year maturity and the option to extend by up to two years.
Fri 29 Nov 2024 07:02
(Sharecast News) - UK engineer TI Fluid Systems has agreed to be taken over in a deal worth more than £1bn, it was announced on Friday.
Thu 28 Nov 2024 16:13
(Sharecast News) - The market spotlight at the end of the week will be on the latest consumer credit and mortgage lending figures.
Thu 28 Nov 2024 15:56
(Sharecast News) - Typhoo Tea, one of Britain's oldest and most iconic tea brands, crashed into administration on Thursday after years of financial struggles.
Thu 28 Nov 2024 14:40
(Sharecast News) - JD Sports Fashion's share price took a dive last week after a gloomy third-quarter update, but analysts at Shore Capital reckon it's a good opportunity for investors to "get a foot in the door".
Thu 28 Nov 2024 12:12
(Sharecast News) - Typhoo Tea, one of Britain's oldest and most iconic tea brands, crashed into administration on Thursday after years of financial struggles.
Thu 28 Nov 2024 11:53
(Sharecast News) - RBC Capital Markets has upped its target price for easyJet on the back of the budget airline's positive outlook statement in this week's annual results, saying the company is positioned for profit growth in the coming year.
Thu 28 Nov 2024 11:12
(Sharecast News) - Marks & Spencer and Kingfisher have reportedly both expressed interest in taking over the sites of several Homebase stores after the DIY retailer fell into administration earlier in November.
Thu 28 Nov 2024 10:18
(Sharecast News) - Renewi shares rocketed on Thursday after the waste management company said it was minded to recommend a £700m takeover proposal from Australian investment firm Macquarie Asset Management, should a firm offer be made.
Thu 28 Nov 2024 09:50
(Sharecast News) - A higher takeover proposal from Aviva might be forthcoming, Jefferies said in a note on Thursday, as it commented on the insurer's £3.3bn takeover proposal for Direct Line.
Thu 28 Nov 2024 09:46
(Sharecast News) - Analysts at Berenberg slightly raised their target price on engineering giant Weir Group from 2,450.0p to 2,500.0p on Thursday as it said long-term value was continuing to emerge.
Thu 28 Nov 2024 09:24
(Sharecast News) - Cardiff Property, the London-listed developer focused on the Thames Valley, reported a 10% increase in annual profits and declared a higher dividend on Thursday, but delivered a cautious outlook regarding how policy changes could affect the property market.
Thu 28 Nov 2024 08:35
(Sharecast News) - AEW UK REIT reported a robust half-year financial and operational performance on Thursday, driven by gains in property valuations and steady rental income from its diversified portfolio of 32 commercial properties across the UK.
Thu 28 Nov 2024 08:29
(Sharecast News) - Foresight Group reported a solid set of first-half results on Thursday, underpinned by growth in assets under management and a strong fundraising performance.
Thu 28 Nov 2024 08:21
(Sharecast News) - Construction group Galliford Try reaffirmed its positive outlook and trading momentum on Thursday, ahead of its annual general meeting.
Thu 28 Nov 2024 08:15
(Sharecast News) - Energy company Tullow Oil lowered full-year free cash flow guidance on Thursday on the back of payment delays.
Thu 28 Nov 2024 08:02
(Sharecast News) - Shareholders of THG welcomed the ecommerce group's plans for its demerger on Thursday, with the company outlining proposals to separate its Ingenuity tech arm from its beauty and nutrition businesses.
Thu 28 Nov 2024 07:59
(Sharecast News) - Protective packaging specialist Macfarlane Group said in an update on Thursday that its performance for 2024 was set to align with full-year expectations, despite market headwinds impacting revenue and pricing.
Thu 28 Nov 2024 07:57
(Sharecast News) - The sale of Royal Mail to Czech billionaire Daniel Kretinsky's EP Group is reportedly close to being finalised and could be confirmed in the next two weeks.
Thu 28 Nov 2024 07:26
(Sharecast News) - RBC Capital Markets downgraded food producer Cranswick to 'sector perform' from 'outperform' on Thursday but lifted the price target to 4,900p from 4,700p as it said it was a "great" business but "fairly valued".
Thu 28 Nov 2024 07:24
(Sharecast News) - Shares in grocery Ocado Group fell on Thursday after the logistics tech firm announced that Morrisons will cease using its customer fulfilment centre (CFC) in Erith for deliveries.
Thu 28 Nov 2024 07:03
(Sharecast News) - Energean called third-quarter trading "strong" on Thursday, with improved earnings and a jump in production, despite conflict in the Middle East.
Thu 28 Nov 2024 07:01
(Sharecast News) - Shares in Dr Martens surged on Thursday on signs of "encouraging" trading since the start of the autumn/winter season despite the troubled footwear maker swinging to a loss for the half year as its woes in the US continued.
Wed 27 Nov 2024 20:07
(Sharecast News) - Direct Line surged on Thursday after it rejected a £3.3bn takeover proposal from Aviva.
Wed 27 Nov 2024 15:05
(Sharecast News) - US pending home sales increased 5.4% year-on-year in October, according to the National Association Realtors, the biggest monthly gain since May 2021, following a 2.6% increase in September.
Wed 27 Nov 2024 14:42
(Sharecast News) - Investor focus on Thursday will be on German and Spanish consumer price data for November.
Wed 27 Nov 2024 13:36
(Sharecast News) - The Financial Conduct Authority said on Wednesday that it has fined András Sebők, former chief supply chain officer at Wizz Air, for trading company shares when he wasn't allowed and failing to disclose his trades.
Wed 27 Nov 2024 11:43
(Sharecast News) - Anglo American's first step of its simplification plan was welcomed by investors this week with shares rising after the sale of its metallurgical coal business; but Berenberg wasn't convinced, with the broker raising concerns about its restructuring strategy.
Wed 27 Nov 2024 10:24
(Sharecast News) - Airline group Air France-KLM was said to be in talks to acquire a 20% stake in Spanish airline Air Europa, according to El Economista.
Wed 27 Nov 2024 09:47
(Sharecast News) - Jefferies downgraded Boohoo on Wednesday to 'hold' from 'buy' and slashed the price target to 30p from 70p as it said "challenges persist".
Wed 27 Nov 2024 09:41
(Sharecast News) - Online marketplace operator Auction Technology Group posted strong full-year numbers on Wednesday, leading it to provide some solid guidance.
Wed 27 Nov 2024 09:34
(Sharecast News) - Nationwide has recorded a bigger-than-expected £2.3bn gain following its takeover of Virgin Money, the building society confirmed on Wednesday.
Wed 27 Nov 2024 09:22
(Sharecast News) - Standard Chartered said on Wednesday that it is exploring the potential sale of its wealth & retail banking (WRB) businesses in Botswana, Uganda and Zambia.
Wed 27 Nov 2024 07:51
(Sharecast News) - Pets at Home cut its full-year profit outlook on Wednesday as it highlighted a "subdued" market.
Wed 27 Nov 2024 07:51
(Sharecast News) - Pets at Home cut its full-year profit outlook on Wednesday as it highlighted a "subdued" market.
Wed 27 Nov 2024 07:40
(Sharecast News) - Johnson Matthey posted a drop in sales and profits on Wednesday, weighed down by the "challenging" macroeconomic backdrop.
Wed 27 Nov 2024 07:38
(Sharecast News) - Luxury carmaker Aston Martin has announced it has raised £210m through share and private debt placings to support its growth and investment strategy and shore up its balance sheet, one day after announcing its second profit warning within two months.
Wed 27 Nov 2024 07:37
(Sharecast News) - UK pub and restaurants group Mitchells & Butlers posted better-than-expected annual profits and said like-for-like trading in the first seven weeks of the current fiscal year was up 4%.
Wed 27 Nov 2024 07:27
(Sharecast News) - Pennon Group reported a statutory loss before tax of £38.8m for the first half on Wednesday, swinging from a profit of £3.2m year-on-year, as restructuring costs and investments weighed on the bottom line despite a 17.5% increase in underlying revenue to £527.2m.
Wed 27 Nov 2024 07:20
(Sharecast News) - Just Eat Takeaway said on Wednesday that it plans to ditch its secondary listing on the London Stock Exchange after 24 December.
Wed 27 Nov 2024 07:20
(Sharecast News) - Vehicle retailer Motorpoint said on Wednesday that it had returned to profit in the six months ended 30 September and issued solid forward guidance.
Wed 27 Nov 2024 07:18
(Sharecast News) - GSK's liquid meningitis vaccine Menveo has been approved by EU regulators, paving the way for a simpler vaccination process against invasive meningococcal disease (IMD).
Wed 27 Nov 2024 07:18
(Sharecast News) - GSK's liquid meningitis vaccine Menveo has been approved by EU regulators, paving the way for a simpler vaccination process against invasive meningococcal disease (IMD).
Wed 27 Nov 2024 07:01
(Sharecast News) - Low-cost airline easyJet reported a surge in full-year profit and boosted its dividend on strong summer holiday demand and a narrowing of winter losses as it swerved some of the problems faced by its rivals.
Tue 26 Nov 2024 18:36
(Sharecast News) - Aston Martin Lagonda said on Tuesday that it was looking to raise more cash from investors as it issued another profit warning.
Tue 26 Nov 2024 12:23
(Sharecast News) - Mike Ashley's Frasers Group said on Tuesday that it has agreed to buy South African sporting, outdoor and recreation goods company Holdsport for an undisclosed sum.
Tue 26 Nov 2024 11:52
(Sharecast News) - Shares in AIM-listed Quadrise rocketed again on Tuesday after the cleaner fuel solutions group announced a project agreement that paves the way for the long-awaited trials of the company's MSAR and bioMSAR fuels.
Tue 26 Nov 2024 10:47
(Sharecast News) - The Co-operative Bank said on Tuesday that it will return £90m to shareholders as it hailed a "robust" third-quarter trading performance.
Tue 26 Nov 2024 10:44
(Sharecast News) - RBC Capital Markets has upgraded its rating for high street retailer Next from 'sector perform' to 'outperform', saying that the company should beat market current market expectations for revenue.
Tue 26 Nov 2024 10:44
(Sharecast News) - Melrose Industries surged on Tuesday as JPMorgan Cazenove hiked its price target on the shares to 850p from 650p and placed them on "positive catalyst watch" ahead of full-year results in March.
Tue 26 Nov 2024 10:23
(Sharecast News) - Shares in structural steel group Severfield were sliding on Tuesday morning, despite a 17% rise in first-half revenue to £252.3m, as the company warned on profits amid a number of short-term headwinds.
Tue 26 Nov 2024 10:17
(Sharecast News) - Analysts at Canaccord Genuity lowered their target price on automotive retailer Halfords from 146.0p to 127.0p on Tuesday, citing increased net interest costs.
Tue 26 Nov 2024 10:11
(Sharecast News) - Australia's Macquarie Bank has been fined £13m by Britain's financial regulator after a junior trader concealed trading losses by posting 400 fake trades.
Tue 26 Nov 2024 09:25
(Sharecast News) - Infrastructure engineering services firm Renew on Tuesday delivered record full-year results in line with recently upgraded forecasts, with revenues growing by almost a fifth, as the company reported a confident outlook.
Tue 26 Nov 2024 09:12
(Sharecast News) - LondonMetric Property reported a significant increase in first-half earnings on Tuesday, as net rental income soared 154% year-on-year to £193.1m.
Tue 26 Nov 2024 08:54
(Sharecast News) - Shares in Brickability jumped on Tuesday after the construction products group expressed confidence in hitting full-year market expectations after a solid first half, saying it is seeing early signs of a recovery in end-markets.
Tue 26 Nov 2024 08:12
(Sharecast News) - Shaftesbury Capital highlighted strong leasing momentum and a robust financial position in a trading update on Tuesday.
Tue 26 Nov 2024 08:11
(Sharecast News) - Utilities provider Telecom Plus said it was on track to meet full-year guidance and targeted a dividend increase of at least 13% after a sharp increase in customer numbers offset a decline in revenues due to lower energy prices.
Tue 26 Nov 2024 07:53
(Sharecast News) - Retailer Halfords said on Tuesday that changes to National Insurance contributions and minimum wage announced in last month's Budget will increase its costs by around £23m, as it reported a dip in interim revenue and profit.
Tue 26 Nov 2024 07:18
(Sharecast News) - Food service giant Compass Group reported a robust full-year performance on Tuesday, with a 10.6% increase in revenue to $42.2bn.
Tue 26 Nov 2024 07:17
(Sharecast News) - Food producer Cranswick backed its guidance for the full year on Tuesday as it reported a jump in interim profit and revenue amid "healthy" demand.
Tue 26 Nov 2024 07:17
(Sharecast News) - Gift wrap and greetings cards manufacturer IG Design Group said on Tuesday that both revenue and profits had fallen in the six months ended 30 September.
Tue 26 Nov 2024 07:04
(Sharecast News) - Electrical retailer AO World lifted full-year forecasts after a surge in interim earnings, despite what its chief executive called a "Morecambe and Wise" summer.
Tue 26 Nov 2024 05:34
(Sharecast News) - The market spotlight on Wednesday will be on a deluge of economic data due out in the States.
Mon 25 Nov 2024 16:29
(Sharecast News) - Deutsche Bank upgraded Weir Group on Monday to 'buy' from 'hold' and upped the price target to 2,580p from 2,200p as it said it was positioned for growth.
Mon 25 Nov 2024 15:58
(Sharecast News) - Mkango Resources announced the results of a feasibility study for its HyProMag USA project on Monday, which it described as a rare earth magnet recycling and manufacturing operation planned for the US.
Mon 25 Nov 2024 12:42
(Sharecast News) - US retail store chain Macy's has been forced to delay publication of its third-quarter results, after an employee hid up to $154m in delivery expenses, while preliminary results showed sales missed expectations.
Mon 25 Nov 2024 12:14
(Sharecast News) - Bread Holdings has tapped Goldman Sachs to oversee the auction of British bakery chain Gail's in 2025.
Mon 25 Nov 2024 10:17
(Sharecast News) - Software Circle announced a new loan facility agreement with Shawbrook Bank on Monday, securing up to £16.7m in financing.
Mon 25 Nov 2024 08:59
(Sharecast News) - Italy's UniCredit said on Monday that it has offered to buy rival Banco BPM in a €10.1bn (£8.4bn) all-stock deal.
Mon 25 Nov 2024 08:08
(Sharecast News) - Barclays Bank has been fined £40m by Britain's financial regulator over alleged secret payments to Qatar during the 2008 global financial crisis to avoid a UK government bailout.
Mon 25 Nov 2024 08:07
(Sharecast News) - Shares in ITV surged on Monday following a report over the weekend that potential suitors have begun circling the broadcaster again after a prolonged period of share price weakness and renewed questions about its long-term strategic destiny.
Mon 25 Nov 2024 08:05
(Sharecast News) - Aquaculture biotechnology company Benchmark Holdings has disposed of its genetics unit for an enterprise value of up to £260.0m.
Mon 25 Nov 2024 07:55
(Sharecast News) - Pharma titan GSK has announced that US regulators have accepted for review Blenrep combinations for the treatment of relapsed or refractory multiple myeloma.
Mon 25 Nov 2024 07:42
(Sharecast News) - Hotels group InterContinental has signed a new agreement with JPMorgan Chase Bank to launch new co-branded credit cards to its IHG One Rewards scheme members in the US.
Mon 25 Nov 2024 07:22
(Sharecast News) - Rentokil Initial said on Monday that it has appointed Paul Edgecliffe-Johnson as chief financial officer with effect from 1 January 2025.
Mon 25 Nov 2024 07:18
(Sharecast News) - Shares in Kingfisher tanked on Monday after the B&Q and Screwfix owner nudged down the midpoint of its annual profit guidance following a weak third quarter, in which group like-for-like sales fell more than forecast.
Mon 25 Nov 2024 07:17
(Sharecast News) - AstraZeneca announced positive results from a phase three prostate cancer trial on Monday, reporting that its AKT inhibitor 'Truqap', or capivasertib, in combination with abiraterone and androgen deprivation therapy (ADT), significantly improved radiographic progression-free survival (rPFS) in patients with PTEN-deficient metastatic hormone-sensitive prostate cancer (mHSPC).
Mon 25 Nov 2024 07:02
(Sharecast News) - Anglo American has agreed to sell its portfolio of steelmaking coal mines that it operates in Australia to Peabody Energy for $3.77bn in cash as part of its pivot to be a copper, premium iron ore and crop nutrients business.
Fri 22 Nov 2024 17:05
(Sharecast News) - The Competition and Markets Authority (CMA) announced on Friday that it has provisionally found that Apple's policies on mobile browsers hinder innovation, impacting UK businesses and millions of users.
Fri 22 Nov 2024 14:20
(Sharecast News) - Consumer goods giant and Ben & Jerry's parent Unilever said on Friday that it remains on track to deliver its €800m productivity programme and to separate its ice cream business by the end of next year.
Fri 22 Nov 2024 12:56
(Sharecast News) - Analysts at Canaccord Genuity raised their target price on software firm Sage from 970.0p to 1,090.0p on Friday after the group's FY24 results gave it a "feeling of déjà vu".
Fri 22 Nov 2024 11:39
(Sharecast News) - Ryanair has said it would appeal a €108m fine from Spain's Ministry of Consumer Rights for alleged unnecessary customer charges, like the fees it takes for additional cabin luggage.
Fri 22 Nov 2024 11:31
(Sharecast News) - The Financial Conduct Authority has urged life insurers to avoid "unnecessary delays" when settling life insurance claims quicker and improve their customer experience.
Fri 22 Nov 2024 10:56
(Sharecast News) - Clarksons shares rallied on Friday as Berenberg started coverage of the shipping services firm with a 'buy' rating and 5,075p price target.
Fri 22 Nov 2024 10:06
(Sharecast News) - UK business output contracted in November for the first time in more than a year, according to a survey released on Friday.
Fri 22 Nov 2024 09:33
(Sharecast News) - DFS Furniture hailed an improvement in trading on Friday as it announced the appointment of an interim chief financial officer.
Fri 22 Nov 2024 08:25
(Sharecast News) - Amigo, the former mid-cost credit provider now in run-off, reported its interim financial results on Friday, reflecting significant progress in its wind-down process under the fallback scheme.
Fri 22 Nov 2024 07:56
(Sharecast News) - JPMorgan Cazenove downgraded its stance on shares of JD Sports on Friday to 'neutral' from 'overweight' following results a day earlier.
Fri 22 Nov 2024 07:26
(Sharecast News) - Th energy price cap for the first quarter of 2025 has been raised by 1.2%, according to a statement on Friday by Ofgem, meaning that the average household could pay up to £1,738 a year on average for electricity and gas.
Fri 22 Nov 2024 07:19
(Sharecast News) - Workspace Group reported a 4.3% increase in underlying net rental income to £60.2 for its first half on Friday, driven by strong customer demand and portfolio management.
Fri 22 Nov 2024 07:17
(Sharecast News) - Biopharma giant GSK has announced that Japanese regulators have expanded the approved use of its Arexvy vaccine for severe respiratory syncytial virus (RSV) disease to a wider age range.
Fri 22 Nov 2024 07:05
(Sharecast News) - Shares in Warhammer maker Games Workshop surged by 16% and hit a record high on Friday after the company lifted half-year guidance on the back of better-than-expected trading in the last two months.
Thu 21 Nov 2024 17:19
(Sharecast News) - Markets' attention at the end of the week will be on the release of a raft of purchasing managers' surveys for manufacturing and services in the euro area, UK and US.
Thu 21 Nov 2024 15:22
(Sharecast News) - Peel Hunt initiated coverage on Avacta on Thursday with a 'buy' rating and 99p price target as it pointed out three key aspects of the investment case.
Thu 21 Nov 2024 14:54
(Sharecast News) - Resolute Mining said chief executive Terence Holohan and two other executives have been released by authorities in Mali after reaching a deal to pay the government $160m over a tax dispute.
Thu 21 Nov 2024 14:49
(Sharecast News) - Shares in JD Sports Fashion tumbled on Thursday after the sportswear retailer disappointed with its profit guidance, but it wasn't enough to change Shore Capital's 'buy' rating on the stock with the broker citing an undemanding valuation.
Thu 21 Nov 2024 11:22
(Sharecast News) - Analysts at Berenberg lowered their target price on Liontrust Asset Management from 625.0p to 500.0p on Thursday but said the group was still "well positioned for when markets turn".
Thu 21 Nov 2024 10:47
(Sharecast News) - Nine water companies have been banned from using customer money to fund "undeserved" bonuses for bosses, the regulator announced on Thursday.
Thu 21 Nov 2024 10:46
(Sharecast News) - Jefferies has kicked off coverage of Auction Technology Group with an 'underperform' rating, saying it sees continued downward pressure on consensus forecasts.
Thu 21 Nov 2024 10:08
(Sharecast News) - The US Department of Justice has called for Google parent company Alphabet to dispose of its Chrome browser arm in an effort to stop the group from maintaining its online search monopoly.
Thu 21 Nov 2024 09:55
(Sharecast News) - Cohort announced the acquisition of EM Solutions for AUD 144m (£75m) on Thursday, in a deal expected to close by the end of the year.
Thu 21 Nov 2024 09:27
(Sharecast News) - Financial services firm CMC Markets said on Thursday that net revenues had surged in the six months ended 30 September, helping the group swing from its interim pre-tax loss a year earlier.
Thu 21 Nov 2024 09:18
(Sharecast News) - The financial watchdog is considering giving firms up until the end of 2025 to handle car finance complaints, it confirmed on Thursday.
Thu 21 Nov 2024 09:06
(Sharecast News) - XPS Pensions Group reported a robust first-half performance on Thursday, with group revenue rising 23% year-on-year to £113.4m.
Thu 21 Nov 2024 08:51
(Sharecast News) - Shares in PayPoint were sliding on Thursday morning, even after it reported a 20.6% improvement in first-half underlying EBITDA to £37.5m on the back of continued operational momentum across its divisions.
Thu 21 Nov 2024 08:46
(Sharecast News) - Breedon Group reported a resilient trading performance for the 10 months ended 31 October on Thursday, driven by robust pricing and operational excellence, despite a challenging construction market in Great Britain.
Thu 21 Nov 2024 08:40
(Sharecast News) - Eagle Eye Solutions Group reported a strong start to the 2025 financial year on Thursday, driven by new contract wins, expanded client engagements, and a growing global demand for personalised loyalty solutions.
Thu 21 Nov 2024 08:32
(Sharecast News) - Tools and equipment hire firm Speedy Hire said on Thursday that it swung to an interim pre-tax loss amid higher costs.
Thu 21 Nov 2024 08:15
(Sharecast News) - Investec reported a 7.6% rise in adjusted operating profit to £474.7m for the six months ended 30 September on Thursday, driven by revenue growth of 5.6% to £1.1bn and improved cost efficiency.
Thu 21 Nov 2024 08:08
(Sharecast News) - Airline company Jet2 said on Thursday that it had delivered "another record performance" in the six months ended 30 September, leading the group to upgrade its full-year outlook.
Thu 21 Nov 2024 08:02
(Sharecast News) - Residential landlord and build-to-rent (BTR) group Grainger has raised its dividend by 14% on the back of a double-digit increase in rental income and profits, as the company lifted its near-term earnings forecasts.
Thu 21 Nov 2024 07:59
(Sharecast News) - Close Brothers reported a stable first-quarter performance in an update on Thursday, supported by growth in its banking division and disciplined cost management, despite headwinds from legal challenges in its motor finance business.
Thu 21 Nov 2024 07:54
(Sharecast News) - Mitie reported a jump in first-half profits and revenue on Thursday as it hailed record contract wins and renewals.
Thu 21 Nov 2024 07:51
(Sharecast News) - Safety equipment and hazard detection products group Halma has raised its interim dividend by 7% after a record first-half performance which saw sales top the £1bn mark, as it retained its guidance for the full year.
Thu 21 Nov 2024 07:37
(Sharecast News) - Liontrust Asset Management said on Thursday that it was planning to cut around 25 jobs in a bid to save costs, as it reported a drop in first-half profits but struck an upbeat note on the outlook.
Thu 21 Nov 2024 07:24
(Sharecast News) - Postal and courier giant International Distribution Services returned to an adjusted operating profit in the first half, as revenues increased across the group and losses at Royal Mail reduced.
Thu 21 Nov 2024 07:18
(Sharecast News) - Frasers Group, the largest shareholder in Boohoo with a 28.01% stake, intensified its call for the removal of Boohoo's executive chairman Mahmud Kamani on Thursday.
Thu 21 Nov 2024 07:17
(Sharecast News) - Shares in Ithaca Energy surged on Thursday after the UK-focused oil group announced a $200m special dividend alongside its third-quarter results, after completing its takeover of Eni UK and finalising a new debt refinancing.
Thu 21 Nov 2024 07:01
(Sharecast News) - Shares in JD Sports Fashion slumped by 15% on Thursday as the retailer warned full-year profits would be at the lower end of forecasts after a "volatile" trading environment in October due to discounting, milder weather and consumer caution ahead of the US election.
Wed 20 Nov 2024 15:48
(Sharecast News) - Berenberg raised their target price on investment company Petershill Partners from 235.0p to 270.0p on Wednesday following the group's Q3 results a day earlier.
Wed 20 Nov 2024 14:06
(Sharecast News) - Automotive giant Ford has announced plans to slash 4,000 jobs across Europe, including 800 UK-based roles.
Wed 20 Nov 2024 14:06
(Sharecast News) - Automotive giant Ford has announced plans to slash 4,000 jobs across Europe, including 800 UK-based roles.
Wed 20 Nov 2024 12:50
(Sharecast News) - Tokyo's metro system operator, Japanese trading company Sumitomo and Britain's Go-Ahead Group have won a contract to operate London's troubled Elizabeth Line, taking over from China's MTR, officials announced on Wednesday.
Wed 20 Nov 2024 11:32
(Sharecast News) - E.ON has been fined £14.5m by the UK watchdog for "unacceptable" billing failures during the cost of living crisis, it was announced on Wednesday.
Wed 20 Nov 2024 11:23
(Sharecast News) - Silverbullet reported strong trading in its fourth quarter on Wednesday, marked by record-breaking performance in October and new contracts worth £1.5m.
Wed 20 Nov 2024 09:53
(Sharecast News) - Citi has reiterated its 'buy' rating for Informa after a "robust" trading update from the B2B publishing and events group this week, saying that shareholders should be reassured that underlying trends are strong.
Wed 20 Nov 2024 09:23
(Sharecast News) - IT infrastructure and services provider Softcat said on Wednesday that first-quarter trading was in line with guidance.
Wed 20 Nov 2024 09:15
(Sharecast News) - Inkjet printing technology group Xaar said on Wednesday that chief financial officer Ian Tichias has resigned "to pursue other opportunities".
Wed 20 Nov 2024 09:05
(Sharecast News) - Venture capital firm Molten Ventures reported a steady first-half performance on Wednesday, with a gross portfolio value of £1.34bn, down slightly from £1.38bn at the end of March.
Wed 20 Nov 2024 09:02
(Sharecast News) - Industrial flow control equipment manufacturer Rotork said on Wednesday that order levels in the four months ended 27 October had been higher than at the same time a year earlier.
Wed 20 Nov 2024 09:00
(Sharecast News) - UK and Malaysia-focused energy group EnQuest has trimmed its production outlook for the full year after an unplanned outage at the Ninian Central Platform in the North Sea.
Wed 20 Nov 2024 08:57
(Sharecast News) - Animal genetics specialist Genus reported an encouraging start to its 2025 financial year on Wednesday, with trading in line with market expectations despite an anticipated currency headwind of £8m to £9m.
Wed 20 Nov 2024 08:17
(Sharecast News) - Helios Towers fell on Wednesday after investor Arbejdsmarkedets Tillægspension (ATP) - Denmark's largest lifelong pension plan - sold around 50.6m shares in the company in a placing for approximately £48m.
Wed 20 Nov 2024 08:10
(Sharecast News) - HICL Infrastructure reported a solid financial turnaround in its first half on Wednesday, with income rising sharply to £71.7m for the six months ended 30 September, compared to £10.9m in the same period last year, although its net asset value per share declined.
Wed 20 Nov 2024 08:03
(Sharecast News) - Drinks maker Britvic - which is in the process of being taken over by Carlsberg - hailed "another outstanding performance" on Wednesday as it pointed to strong consumer demand.
Wed 20 Nov 2024 08:02
(Sharecast News) - Construction products manufacturer Hill & Smith said on Wednesday that trading in the four months ended 31 October had been "positive".
Wed 20 Nov 2024 07:59
(Sharecast News) - Industrial thread maker Coats said it expected full-year results to be in line with expectations and forecast an operating margin of around 18%, driven by strong sales growth.
Wed 20 Nov 2024 07:56
(Sharecast News) - Investment manager Ninety One has acquired South African financial services group Sanlam Investment Management, adding £17bn in assets under management (AUM), as the company reported a 10% decline in first-half profits.
Wed 20 Nov 2024 07:52
(Sharecast News) - British Land reported a stable first-half financial performance on Wednesday, with underlying profit managing a 1% rise to £143m.
Wed 20 Nov 2024 07:31
(Sharecast News) - Severn Trent has reported a double-digit increase in first-half profits and said it expects capital investment to hit the top end of guidance this year, putting it in a strong position for the next five-year regulatory cycle, AMP8.
Wed 20 Nov 2024 07:18
(Sharecast News) - Sage Group has reported solid full-year growth on Wednesday, driven by the execution of its subscription-based recurring revenue model and disciplined cost management.
Wed 20 Nov 2024 07:17
(Sharecast News) - Profits tumbled at Banco Santander's UK business, the Spanish lender confirmed on Wednesday, after it set aside nearly £300m to cover potential costs relating to an industry-wide probe into car finance.
Wed 20 Nov 2024 07:15
(Sharecast News) - House builder Crest Nicholson said it expected full-year earnings to be at the lower end of the guidance due to a higher proportion of affordable homes being delivered and moved to trade out of low margin sites.
Wed 20 Nov 2024 07:01
(Sharecast News) - Homewares retailer Dunelm on Wednesday said it had bought Irish soft furnishing chain Homefocus for an undisclosed sum.
Tue 19 Nov 2024 16:24
(Sharecast News) - Investors' focus in the middle of the week would be on the latest UK consumer price data.
Tue 19 Nov 2024 15:33
(Sharecast News) - Closed-ended real estate investment trust Ground Rents Income Fund announced on Tuesday that it had sold its largest asset for £7.9m.
Tue 19 Nov 2024 12:48
(Sharecast News) - Jefferies hiked its price target on buy-rated DCC on Tuesday after the sales, marketing and support services group announced last week that it was planning to simplify its operations and focus on the energy sector.
Tue 19 Nov 2024 12:43
(Sharecast News) - Lung cancer diagnostics developer LungLife AI reported significant progress in the commercialisation of its 'LungLB' test on Tuesday, which was designed to facilitate early detection and improve patient outcomes.
Tue 19 Nov 2024 12:34
(Sharecast News) - More than 80 leading retail leaders signed an open letter to Chancellor Rachel Reeves on Tuesday, expressing grave concerns about the economic impact of the Autumn Budget on the retail sector.
Tue 19 Nov 2024 12:34
(Sharecast News) - More than 80 leading retail leaders signed an open letter to Chancellor Rachel Reeves on Tuesday, expressing grave concerns about the economic impact of the Autumn Budget on the retail sector.
Tue 19 Nov 2024 12:17
(Sharecast News) - US home improvement retailer Lowe's lifted full-year guidance on Tuesday, betting on more spending from people hit by recent hurricanes.
Tue 19 Nov 2024 12:12
(Sharecast News) - Retailer Walmart hiked its full-year guidance on Tuesday after Q3 earnings and revenue came in ahead of expectations.
Tue 19 Nov 2024 11:47
(Sharecast News) - BT Group gained on Tuesday after India's Bharti Global completed the acquisition of a 24.5% stake in the telecoms company from France's Altice.
Tue 19 Nov 2024 11:16
(Sharecast News) - The market value of CML Microsystems dropped by a tenth on Tuesday after the semiconductors group reported a halving of profits in its first half amid "subdued" market conditions, and said meeting full-year targets might be "challenging".
Tue 19 Nov 2024 10:22
(Sharecast News) - Advanced television advertising technology specialist Nexxen International announced a new share buyback programme worth up to $50m on Tuesday.
Tue 19 Nov 2024 10:14
(Sharecast News) - Analysts at Berenberg lowered their target price on scientific instruments business Judges Scientific from 12,400.0p to 11,310.0p on Tuesday, stating the group was approaching a "trough cycle".
Tue 19 Nov 2024 09:49
(Sharecast News) - Avon Technologies reported a robust set of preliminary results on Tuesday, with received orders surging 40.9% year-on-year to $364.4m, driving a record closing order book of $225.2m, up 65.8%, and providing strong visibility into the 2025 financial year and beyond.
Tue 19 Nov 2024 09:31
(Sharecast News) - Flooring manufacturer Victoria announced on Tuesday that it has disposed of its Turkish ceramic tile manufacturing business Graniser for €36.8m.
Tue 19 Nov 2024 09:21
(Sharecast News) - Drugmaker GSK said on Tuesday that its linerixibat candidate had shown "positive" Phase III results in cholestatic pruritus in primary biliary cholangitis.
Tue 19 Nov 2024 09:13
(Sharecast News) - Controls, seals, and life sciences distributor Diploma reported a 14% rise in revenue in its preliminary results on Tuesday, to £1.36bn, as adjusted operating profit increased 20% to £285m.
Tue 19 Nov 2024 08:56
(Sharecast News) - JPMorgan Cazenove reiterated its 'overweight' rating on Just Group on Tuesday and lifted the price target to 200p from 190p after it completed a £1.8bn full buy-in with the Trustee of the G4S Pension Scheme, covering the benefits of around 22,500 members.
Tue 19 Nov 2024 08:51
(Sharecast News) - Self-storage warehouse operator Big Yellow Group has predicted a return to earnings per share growth in the second half after a slight reduction in the first six months of its financial year as higher operating costs weighed on the bottom line.
Tue 19 Nov 2024 08:10
(Sharecast News) - Petershill Partners, a global investor in alternative asset managers, reported a solid third-quarter performance in an update on Tuesday, supported by strong partner fee-related earnings (FRE) and significant capital returns.
Tue 19 Nov 2024 08:07
(Sharecast News) - Plastic piping manufacturer Genuit said on Tuesday that it has delivered a "resilient performance" year-to-date, despite operating in "subdued market conditions".
Tue 19 Nov 2024 07:53
(Sharecast News) - Tullow Oil has reached agreement with its lenders to extend the maturity of its revolving credit facility (RCF) to June 30, 2025, the company said on Tuesday.
Tue 19 Nov 2024 07:51
(Sharecast News) - Landscaping and building supplier Marshalls on Tuesday unveiled a new strategy targeting an operating margin of 15% and outperformance the wider construction market by 2 - 4%.
Tue 19 Nov 2024 07:42
(Sharecast News) - Bodycote said on Tuesday that full-year operating profit was set to be in line with market expectations as it hailed a "resilient performance in challenging end markets".
Tue 19 Nov 2024 07:21
(Sharecast News) - Luxury handbag maker Mulberry said on Tuesday that it was taking steps to "streamline operations" as it reported a 19% drop in first-half revenue and a widening of its losses, pointing to a "difficult" trading environment.
Tue 19 Nov 2024 07:21
(Sharecast News) - Cigarette and maker Imperial Brands on Tuesday posted a 4.5% rise in full-year adjusted operating profit as revenues from new products such as vapes and nicotine pouches surged by more than a quarter.
Tue 19 Nov 2024 07:20
(Sharecast News) - Shares in AIM-listed GB Group rose on Tuesday as the identity fraud and location software firm reiterated its full-year outlook after swinging into the black in the first half.
Tue 19 Nov 2024 07:17
(Sharecast News) - Molten metal flow engineering specialist Vesuvius said in a trading update on Tuesday that it anticipated trading profit for the 2024 financial year to be slightly below 2023 levels on a constant currency basis, maintaining a return on sales margin of around 10.2%.
Tue 19 Nov 2024 07:03
(Sharecast News) - Events and digital services group Informa on Tuesday reaffirmed its recently upgraded full-year guidance as revenues in the first 10 months of the year grew 10.7% and said strong forward booking were providing momentum into 2025.
Mon 18 Nov 2024 14:09
(Sharecast News) - RBC Capital Markets lifted its price target on XPS Pensions on Monday to 395p from 355p ahead of first-half results.
Mon 18 Nov 2024 12:59
(Sharecast News) - Microlise Group provided a final update on Monday, on the cybersecurity incident first disclosed on 31 October.
Mon 18 Nov 2024 12:39
(Sharecast News) - Sirius Real Estate reported a 14.5% rise in funds from operations (FFO) to €60.7m in its half-year results on Monday, supported by a strong operational performance.
Mon 18 Nov 2024 12:33
(Sharecast News) - Segro confirmed on Monday that its all-share offer to acquire Tritax EuroBox has lapsed after failing to meet key conditions by the specified deadline.
Mon 18 Nov 2024 12:29
(Sharecast News) - B&M European Value Retail announced plans to issue £250m in sterling-denominated senior secured notes on Monday, due 2031, to repay its existing senior secured notes maturing in 2025.
Mon 18 Nov 2024 11:03
(Sharecast News) - Analysts at Berenberg slashed their target price on engineering and consulting business John Wood Group from 150.0p to 60.0p on Monday, stating an independent review into its projects business had created "substantial uncertainty".
Mon 18 Nov 2024 10:34
(Sharecast News) - Supermarket Income REIT has acquired a Sainsbury's omnichannel supermarket in Huddersfield for £49.7m, it announced on Monday, representing a net initial yield of 7.6%.
Mon 18 Nov 2024 10:00
(Sharecast News) - Troubled fast-fashion retailer Boohoo on Monday confirmed it had managed to raise around £40m in funding to bolster its balance sheet amid a row with major shareholder, Mike Ashley's Frasers Group.
Mon 18 Nov 2024 09:39
(Sharecast News) - HSBC Holdings has reportedly asked hundreds of managers to reapply for jobs in the firm's newly-formed corporate and institutional banking division as chief executive Georges Elhedery continues his hunt for ways to make the bank run more efficiently.
Mon 18 Nov 2024 09:19
(Sharecast News) - Corporate restructuring firm Begbies Traynor said on Monday that it had delivered a "strong financial performance" throughout H1, with double-digit revenue and profit growth.
Mon 18 Nov 2024 09:11
(Sharecast News) - Drugmaker AstraZeneca said on Monday that its Tagrisso asset had received a recommendation for EU approval on the back of LAURA Phase III trial results, which revealed it had extended median progression-free survival to more than three years.
Mon 18 Nov 2024 09:01
(Sharecast News) - Software group Cerillion delivered an impressive set of annual results on Monday, with double-digit growth across the board nd record profits supporting a 17% increase in its total dividend.
Mon 18 Nov 2024 08:52
(Sharecast News) - Petrofac announced an extension of its forbearance agreement regarding the non-payment of interest coupons on its senior secured notes on Monday.
Mon 18 Nov 2024 08:06
(Sharecast News) - Australia's Resolute Mining, whose executives have been detained in Mali over a tax row, said it had agreed to pay $160m as part of a deal to free them.
Mon 18 Nov 2024 07:52
(Sharecast News) - Real estate group LondonMetric Property has continued its capital recycling strategy with the sale of £58m-worth of non-core assets and the acquisition of a retail park in Essex.
Mon 18 Nov 2024 07:41
(Sharecast News) - FDM Group said on Monday that its full-year performance was set to be in line with its expectations, despite continuing market uncertainty.
Mon 18 Nov 2024 07:35
(Sharecast News) - Scientific instrument company Judges Scientific has slashed its profit guidance for the full year on the back of delays in the timing of certain orders.
Mon 18 Nov 2024 07:18
(Sharecast News) - Elementis announced on Monday that its chief executive officer Paul Waterman would step down following nine years at the helm.
Mon 18 Nov 2024 07:18
(Sharecast News) - Australia's AMSL Aero, a portfolio company of UK science and innovation investor IP Group, on Monday said its Vertiia electric vertical take-off and landing aircraft (eVTOL) had completed its first untethered flights.
Mon 18 Nov 2024 07:15
(Sharecast News) - Safety equipment maker Halma has announced it is buying Lamidey Noury Medical, a Paris-based manufacturer of medical technology devices, for €50m.
Mon 18 Nov 2024 07:02
(Sharecast News) - Shares in Melrose spiked on Monday as the UK aerospace company reported a rise in revenues driven by aftermarket demand in its engines division, particularly in defence.
Fri 15 Nov 2024 12:11
(Sharecast News) - Pharmaceutical and biotech stocks around the world slumped on Friday, after US president-elect Donald Trump appointed vaccine sceptic Robert F Kennedy Jr to his cabinet.
Fri 15 Nov 2024 10:25
(Sharecast News) - Analysts at Berenberg raised their target price on Flutter Entertainment from 20,300.0p to 23,200.0p on Friday, stating that the bookmaker's Q3 performance showed sustained share gains.
Fri 15 Nov 2024 09:05
(Sharecast News) - The rally in Premier Foods' share price has further to run, according to RBC Capital Markets, which reiterated an 'outperform' rating on the stock on Friday, as it hiked its target price following the manufacturer's interim results this week.
Fri 15 Nov 2024 08:38
(Sharecast News) - Asset manager Record said trading remained in line with expectations on Friday, despite a dip in revenues and more "challenging" conditions.
Fri 15 Nov 2024 08:04
(Sharecast News) - Medical products group Convatec has expressed disappointment with a ruling which excludes its InnovaMatrix product from Medicare coverage in the US, but says it is confident of securing coverage in the future.
Fri 15 Nov 2024 07:55
(Sharecast News) - Housebuilder MJ Gleeson said on Friday that it remains on track for full-year results in line with market expectations despite a "lack of conviction" in the market, which continued through the Autumn.
Fri 15 Nov 2024 07:46
(Sharecast News) - Flooring manufacturer Victoria said it expects full-year results to be in line with market forecasts, predicting a pick-up in momentum in the second half.
Fri 15 Nov 2024 07:21
(Sharecast News) - Volex announced on Friday that it has submitted two proposals to acquire the London-listed TT Electronics in a cash-and-shares deal, valuing it at around £249m.
Fri 15 Nov 2024 07:20
(Sharecast News) - Evotec surged on Friday after Halozyme Therapeutics confirmed it had submitted a non-binding proposal to buy the German biotech for €11.00 per share in cash, or about €2bn.
Fri 15 Nov 2024 07:15
(Sharecast News) - Land Securities returned to profit and lifted guidance in the six months to September as the property market continued to recover, underpinned by growing rental demand and occupancy.
Thu 14 Nov 2024 14:30
(Sharecast News) - Palace Capital reported a mixed half-year performance on Thursday, as it continued with its strategy to return capital to shareholders.
Thu 14 Nov 2024 13:44
(Sharecast News) - General Mills said on Thursday that it has agreed to buy Whitebridge Pet Brands' North American premium cat feeding and pet treating business for $1.45bn.
Thu 14 Nov 2024 11:34
(Sharecast News) - Syncona announced the launch of Slingshot Therapeutics, a new portfolio company and accelerator dedicated to developing early-stage life science programs sourced from academia, on Thursday.
Thu 14 Nov 2024 11:27
(Sharecast News) - Shore Capital downgraded its stance on Capita on Thursday to 'hold' from 'buy' ahead of detailed guidance on the potential negative impact from changes to National Insurance contributions announced in last month's Budget.
Thu 14 Nov 2024 10:59
(Sharecast News) - Davy initiated coverage of banknote printer De La Rue on Thursday with an 'outperform' rating and 160p price target, which provides 70% upside.
Thu 14 Nov 2024 10:39
(Sharecast News) - Shares in Spirax were rising on Thursday after the company delivered a solid third-quarter update, with shares supported by a broker upgrade from Shore Capital which lifted the stock from 'sell' to 'hold'.
Thu 14 Nov 2024 10:34
(Sharecast News) - Construction firm Kier Group said on Thursday that it had made a good start to the new trading year and expects its overall performance to be second-half weighted.
Thu 14 Nov 2024 09:58
(Sharecast News) - Great Portland Estates reported a fall in earnings per share in an update on Thursday, despite progress in strategic acquisitions and resilient leasing performance.
Thu 14 Nov 2024 09:18
(Sharecast News) - Real estate investment trust Assura posted improved rental income and earnings on Thursday, following a "transformative" first half.
Thu 14 Nov 2024 09:17
(Sharecast News) - Retirement products business Just Group said on Thursday that it has completed its largest defined benefit de-risking transaction to date.
Thu 14 Nov 2024 09:09
(Sharecast News) - Electronic components manufacturer TT Electronics said on Thursday that it has been forced to make further job cuts in an effort to mitigate the impact of "substantial market changes".
Thu 14 Nov 2024 08:58
(Sharecast News) - Shares in Qinetiq dipped on Thursday despite the aircraft engineering company delivering first-half results in line with expectations and announcing a new £50m buyback.
Thu 14 Nov 2024 08:55
(Sharecast News) - Keller said on Thursday that it remained on track to deliver a full-year performance in line with expectations as it announced the appointment of a new chairman, but shares in the geotechnical specialist contractor slumped as it pointed to weak activity levels in Europe.
Thu 14 Nov 2024 08:39
(Sharecast News) - Petershill Partners announced the partial sale of its stake in Accel-KKR (AKKR) on Thursday, generating a nominal consideration of $282m.
Thu 14 Nov 2024 08:06
(Sharecast News) - Shares in FirstGroup jumped on Thursday as the bus and rail operator said it was buying back an extra £50m in shares and lifted its full-year forecast after a strong performance in the first half of the year.
Thu 14 Nov 2024 08:03
(Sharecast News) - Private equity and venture capital firm 3i Group said on Thursday that it had delivered a "good financial performance" for the six months ended 30 September.
Thu 14 Nov 2024 07:53
(Sharecast News) - FTSE 100-listed water company United Utilities saw revenues top the £1bn mark in its first half after a "robust" performance, though headline profits dropped due to a higher net finance expense.
Thu 14 Nov 2024 07:48
(Sharecast News) - Premier Foods reported higher first-half revenues and profits as easing inflation allowed consumers to "treat themselves more" to its range of products.
Thu 14 Nov 2024 07:38
(Sharecast News) - Insurance giant Aviva hailed a "very strong" performance in the third quarter, with double-digit gains in general insurance premiums, life insurance and retirement sales, and wealth net flows.
Thu 14 Nov 2024 07:26
(Sharecast News) - GSK reported positive results from its phase three 'DREAMM-7' trial on Thursday, highlighting a significant overall survival benefit for 'Blenrep', or belantamab mafodotin, in patients with relapsed or refractory multiple myeloma.
Thu 14 Nov 2024 07:18
(Sharecast News) - WH Smith reported a jump in full-year profit and revenue on Thursday as it hailed a particularly strong performance from the UK travel business and over the summer.
Thu 14 Nov 2024 07:17
(Sharecast News) - Alfa Financial Software has raised profit guidance for the full year after reporting double-digit revenue growth in the third quarter, causing shares to rise on Thursday.
Thu 14 Nov 2024 07:14
(Sharecast News) - Fluid technology and thermal solutions group Spirax has left its full-year outlook unchanged after increasing organic sales across all three of its businesses in the third quarter, but warned of a slight impact on results from currency movements.
Thu 14 Nov 2024 07:02
(Sharecast News) - Shares in Burberry surged on Thursday as the luxury goods brand launched a review of the business in an "urgent" effort to turnaround its struggling fortunes after slumping to a £80m half-year loss driven by plunging sales in its key Chinese market.
Thu 14 Nov 2024 07:02
(Sharecast News) - B&M European Value Retail reiterated its full-year outlook on Thursday after half-year sales ticked higher.
Wed 13 Nov 2024 15:56
(Sharecast News) - Investors' focus on Thursday will continue to be on the inflation picture in the States.
Wed 13 Nov 2024 14:35
(Sharecast News) - Analysts at Berenberg lowered their target price on manufacturing and research company Oxford Instruments from 2,925.0p to 2,830.0p on Wednesday, citing a "strong underlying performance".
Wed 13 Nov 2024 13:15
(Sharecast News) - Regional REIT issued a positive third-quarter trading update on Wednesday, marked by a 9.3% increase in new letting income this year.
Wed 13 Nov 2024 13:01
(Sharecast News) - Workspace Group announced the opening of its first 'net zero' building, Leroy House in Islington, on Wednesday, after transforming a historic 1930s watchmaker's factory into a 57,000 square foot sustainable workspace to meet strong demand from small-to-medium enterprises.
Wed 13 Nov 2024 12:56
(Sharecast News) - Gulf Marine Services announced on Wednesday that it has secured a new contract for one of its self-propelled, self-elevating support vessels in the Middle East.
Wed 13 Nov 2024 12:52
(Sharecast News) - Augmentum Fintech announced a $4m investment as the lead investor in a $7m funding round for Emirates-based fintech company Pemo on Wednesday.
Wed 13 Nov 2024 12:47
(Sharecast News) - Opus Energy has agreed to pay over £7m in compensation after overcharging nearly 88,000 business customers due to long-standing billing errors, Ofgem announced on Wednesday.
Wed 13 Nov 2024 12:23
(Sharecast News) - Shore Capital downgraded Serco on Wednesday after the outsourcer said last week that it had lost its long-running Australian immigration detention centres contract and estimated that changes to employer national insurance contributions would increase labour costs by £20m a year.
Wed 13 Nov 2024 11:14
(Sharecast News) - GCP Infrastructure Investments released its latest quarterly investor update on Wednesday, reporting a net asset value of 105.22p per share as at 30 September, with the diversified portfolio valued at about £1bn, comprising 50 investments that included partial inflation protection.
Wed 13 Nov 2024 10:43
(Sharecast News) - Property developer Henry Boot has completed the sale of an industrial and logistics development site in Coventry to Royal London Asset Management Property for an undisclosed sum.
Wed 13 Nov 2024 10:02
(Sharecast News) - More than 100 Post Office branches are facing closure, it was announced on Wednesday, as the state-owned business announced plans to overhaul itself in the wake of the Horizon IT scandal.
Wed 13 Nov 2024 09:56
(Sharecast News) - The Range is reportedly closing in on a deal to snap up a large chunk of Homebase which will save close to 1,500 jobs but raise doubts about at least 1,700 more.
Wed 13 Nov 2024 08:23
(Sharecast News) - Shares in Flutter Entertainment jumped on Wednesday as the Betfair owner lifted its full-year revenue and EBITDA guidance and posted a narrowing of its net losses.
Wed 13 Nov 2024 07:54
(Sharecast News) - Pubs and hotels group Fuller Smith & Turner said it is on track to hit market forecasts this year after a strong first half, which saw profits rose by a fifth, and painted an optimistic outlook despite concerns about recent tax changes in the government's autumn budget.
Wed 13 Nov 2024 07:54
(Sharecast News) - Specialist engineering group Dowlais said on Wednesday that year-to-date trading was in line with expectations and that its full-year outlook remained unchanged.
Wed 13 Nov 2024 07:50
(Sharecast News) - Intermediate Capital Group total assets under management rose to $106bn at the end of its first half, it reported on Wednesday, as fee-earning assets under management were up 4% from 31 March to $73bn.
Wed 13 Nov 2024 07:31
(Sharecast News) - Commercial property investment company CLS Holdings said that leasing levels over the third quarter was well ahead of last year, though the macro environment was slowing letting activity more than expected.
Wed 13 Nov 2024 07:27
(Sharecast News) - Experian reported steady first-half growth on Wednesday, driven by a strong performance across its regional markets and business segments.
Wed 13 Nov 2024 07:18
(Sharecast News) - Just Eat Takeaway said on Wednesday that it has agreed to sell US business Grubhub to Wonder Group for $650m.
Wed 13 Nov 2024 07:18
(Sharecast News) - Thames Water has received backing to take out a £3bn emergency loan, it confirmed on Wednesday, as the vastly-indebted utility tries to stave off a cash crunch.
Wed 13 Nov 2024 07:17
(Sharecast News) - Smiths Group has raised its growth and margin guidance and beefed up its share buyback programme after an "outstanding" first quarter.
Wed 13 Nov 2024 07:14
(Sharecast News) - Britain's financial regulator in consulting on an extension for motor finance companies to respond to consumer complaints about commission on car loans after a court ruling last month that could see billions paid out in compensation.
Wed 13 Nov 2024 07:02
(Sharecast News) - UK weapons maker Babcock reported a sharp jump in half-year profits and held annual guidance as geopolitical tensions increased demands from governments for military hardware.
Wed 13 Nov 2024 07:01
(Sharecast News) - SSE's long-standing chief executive is to stand down, the blue chip confirmed on Wednesday, as it posted a jump in half-year earnings.
Tue 12 Nov 2024 15:26
(Sharecast News) - Activist investor Elliott Investment Management called on Honeywell International to break itself up on Tuesday, as it said it had taken a $5bn stake in the company.
Tue 12 Nov 2024 12:25
(Sharecast News) - Citi said in a note on Tuesday that a recent site visit at Melrose Industries' Western Approach highlighted "a number of industry-leading technologies".
Tue 12 Nov 2024 11:39
(Sharecast News) - UK grocery sales hit their highest levels in October, according to data out on Tuesday from market research firm Kantar, as the number of shopping trips hit a four-year high.
Tue 12 Nov 2024 10:28
(Sharecast News) - Jefferies downgraded Direct Line on Tuesday to 'hold' from 'buy' and cut the price target to 165p from 235p.
Tue 12 Nov 2024 10:19
(Sharecast News) - Analysts at Berenberg raised their target price on Pan African Resources from 34.0p to 45.0p on Tuesday after the group announced that it had agreed to acquire Australia's Tennant Consolidated Mining Group.
Tue 12 Nov 2024 10:11
(Sharecast News) - Jefferies on Tuesday announced a number of ratings changes to its coverage of the UK real estate investment trust (REIT) sector, downgrading its recommendations for Big Yellow Group and PRS Reit but upgrading its stance on Landsec.
Tue 12 Nov 2024 10:10
(Sharecast News) - Single-board computer designer Raspberry Pi has inked a strategic partnership with Italian internet-of-things solutions business SECO ahead of the launch of its Compute Module 5 product.
Tue 12 Nov 2024 09:43
(Sharecast News) - Deutsche Bank has lowered its target price for Morgan Advanced Materials (MGAM) from 320p to 295p after the carbon and ceramic materials maker lowered its guidance last week.
Tue 12 Nov 2024 09:35
(Sharecast News) - White-label and branded household products maker McBride said it expects to deliver its third straight year of revenue growth, having performed in line with market expectations in its fiscal second quarter.
Tue 12 Nov 2024 09:13
(Sharecast News) - DCC surged on Tuesday as it announced plans to simplify its operations and focus on the energy sector, reported a rise interim profit and lifted its dividend.
Tue 12 Nov 2024 08:50
(Sharecast News) - Shares in AIM-listed Franchise Brands dropped sharply on Tuesday after the franchisor said that full-year profits are likely to come in at the lower end of market forecasts.
Tue 12 Nov 2024 08:48
(Sharecast News) - Marks Electrical Group reported a solid first-half performance on Tuesday, with revenue rising 9.3% to £58.8m, driven by 13% volume growth in major domestic appliances and a more-than-90% increase in consumer electronics volumes, though it was impacted by a shift towards lower-margin non-premium products.
Tue 12 Nov 2024 08:42
(Sharecast News) - Renewi reported a solid first-half performance on Tuesday, with revenue from continuing operations up 4% to €874.5m, driven by strong pricing in its commercial waste division and significant growth in specialities.
Tue 12 Nov 2024 08:37
(Sharecast News) - Oxford Instruments reported first-half revenue growth and strategic progress on Tuesday, recording a 10.4% increase in revenue at constant currency to £225.8m, supported by strong performance in North America and Asia outside of China.
Tue 12 Nov 2024 08:28
(Sharecast News) - 4imprint Group reported a robust performance for the 10 months through October in an update on Tuesday, achieving revenue growth and maintaining profitability in a challenging North American market.
Tue 12 Nov 2024 08:22
(Sharecast News) - German business sentiment deteriorated in November, according to a survey released on Tuesday by the ZEW Center for European Economic Research in Mannheim.
Tue 12 Nov 2024 08:19
(Sharecast News) - Bank of Georgia Group reported a strong third-quarter financial performance on Tuesday, with consolidated profit for the period rising by 42.5% year-on-year to GEL 509.3m (£145.29m), reflecting a return on average equity of 32.1%.
Tue 12 Nov 2024 08:19
(Sharecast News) - Vodafone Group reported a 1.6% rise in total revenue to €18.3bn for the first half of its financial year on Tuesday, with service revenue growing 1.7% to €15.1bn.
Tue 12 Nov 2024 08:18
(Sharecast News) - Oil producer Shell has won its appeal in a Dutch court against a 2021 ruling to slash its global carbon emissions.
Tue 12 Nov 2024 08:05
(Sharecast News) - Gas and oil production company Diversified Energy reported a net loss of $1.0m for the three months ended 30 September amid a continued focus on debt repayments and additional undeveloped land sales.
Tue 12 Nov 2024 08:02
(Sharecast News) - Fresnillo announced on Tuesday that Industrias Peñoles, its partner in a long-standing silver production agreement, had notified it of operational issues affecting the Sabinas mine, fully owned by Peñoles.
Tue 12 Nov 2024 07:59
(Sharecast News) - Wound care specialist Convatec raised its guidance for the 2024 financial year on Tuesday, following robust sales growth across its divisions.
Tue 12 Nov 2024 07:48
(Sharecast News) - UK arms maker BAE Systems held annual guidance adding that its order book reflected demand from governments for weaponry amid increasing global tensions.
Tue 12 Nov 2024 07:17
(Sharecast News) - AstraZeneca upgraded its full-year revenue and earnings per share guidance on Tuesday, citing strong growth across key therapy areas and robust financial results for the first nine months of the year.
Tue 12 Nov 2024 07:16
(Sharecast News) - Oil company Genel Energy said on Tuesday that it had significantly lowered its net debt position throughout the first nine months of the trading year.
Tue 12 Nov 2024 07:14
(Sharecast News) - The Financial Conduct Authority said on Tuesday that it has fined Metro Bank £16.7m for failing to have the right controls in place to combat money laundering.
Tue 12 Nov 2024 07:02
(Sharecast News) - Canadian asset manager Brookfield has won the battle for warehouse owner Tritax EuroBox after Segro said it would not up its offer, but the rival bidders did strike a deal to split their target's portfolio in a €470m deal.
Mon 11 Nov 2024 12:41
(Sharecast News) - Evotec surged on Monday as it emerged that private equity firm Triton Partners is considering a takeover bid for the German drug development company after taking a near-10% stake.
Mon 11 Nov 2024 11:56
(Sharecast News) - Deutsche Bank initiated coverage of review platform Trustpilot on Monday with a 'buy' rating and 331p price target.
Mon 11 Nov 2024 11:12
(Sharecast News) - Clay and concrete building products manufacturer Forterra reported challenging trading conditions for the four months to the end of October on Monday.
Mon 11 Nov 2024 11:03
(Sharecast News) - International Personal Finance announced on Monday that its Polish home credit subsidiary, Provident Polska, has secured a full payment institution licence from Poland's financial supervisory authority, the Komisja Nadzoru Finansowego (KNF).
Mon 11 Nov 2024 10:59
(Sharecast News) - Private rental sector-focussed new build investor PRS REIT announced an amendment to its investment advisory agreement with Sigma PRS Management, its investment adviser, on Monday.
Mon 11 Nov 2024 10:36
(Sharecast News) - Shares in Resolute Mining tumbled on Monday after it confirmed that chief executive Terence Holohan and two other employees have been detained by authorities in Mali.
Mon 11 Nov 2024 09:29
(Sharecast News) - Jefferies upgraded Ceres Power on Monday to 'buy' from 'hold' and lifted the price target to 265p from 190p as it took a look at renewable energy stocks.
Mon 11 Nov 2024 09:08
(Sharecast News) - RHI Magnesita reported a steady third-quarter performance amid challenging demand conditions in an update on Monday, as it warned of softer full-year sales than previously expected.
Mon 11 Nov 2024 08:53
(Sharecast News) - Berenberg slashed its price target on Vistry on Monday to 750p from 1,000p after the housebuilder issued another profit warning last week.
Mon 11 Nov 2024 08:03
(Sharecast News) - Heathrow recorded its busiest ever October, serving with more than 7.2m passengers due to a strong half term, as the airport raised its traffic forecasts for the full year.
Mon 11 Nov 2024 07:59
(Sharecast News) - Shares in Kainos surged on Monday after the software group unveiled a £30m share buyback as it reported a rise in interim profit on the back of an 18% rise in recurring revenue, although it remained cautious on full-year prospects.
Mon 11 Nov 2024 07:45
(Sharecast News) - London-focused real estate group Great Portland Estates is spending £58.5m on a refurbishment opportunity near Tottenham Court Road, as the company announced the signing of a new £150m ESG-linked unsecured revolving credit facility (RCF).
Mon 11 Nov 2024 07:32
(Sharecast News) - UK insurer Direct Line said it planned to axe 550 jobs as part of a turnaround plan amid continuing struggles at its motor insurance arm.
Mon 11 Nov 2024 07:30
(Sharecast News) - Specialty chemicals group Croda has left full-year constant-currency profit guidance unchanged after a solid third quarter, though a stronger pound will hit the bottom-line results more than previously expected.
Mon 11 Nov 2024 07:21
(Sharecast News) - Luxury fashion brand Burberry is reportedly on the brink of being bought by Italy's Moncler.
Mon 11 Nov 2024 07:17
(Sharecast News) - Life science investor Syncona announced on Monday that its portfolio company Autolus Therapeutics has received US Food and Drug Administration (FDA) approval for Aucatzyl (obe-cel), a CAR T-cell therapy developed for adult patients with relapsed or refractory B-cell precursor acute lymphoblastic leukaemia (r/r B-ALL).
Mon 11 Nov 2024 07:16
(Sharecast News) - NatWest has repurchased £1bn of shares from the HM Treasury, taking the government's stake in the banking group to just over 11%.
Fri 08 Nov 2024 13:36
(Sharecast News) - Second-quarter profits at auto giant Jaguar Land Rover fell by a tenth as the Coventry-based manufacturer was hit by aluminium supply constraints, though things are expected to pick up in the second half.
Fri 08 Nov 2024 12:38
(Sharecast News) - JPMorgan Cazenove lifted its price target on Relx on Friday to 4,550p from 4,200p to reflect an acceleration in the Legal and STM (scientific, technical & medical) divisions driven by generative AI.
Fri 08 Nov 2024 12:15
(Sharecast News) - Rideshare firm Bolt's drivers have won their legal claim to be classified as workers, paving the way to both paid holidays and a minimum wage.
Fri 08 Nov 2024 11:28
(Sharecast News) - Advisory firm Teneo - which managed the insolvency of Bulb Energy in 2021 - is reportedly kicking off a hunt for new backers in a process that could value it at about $2bn (£1.5bn).
Fri 08 Nov 2024 09:36
(Sharecast News) - UK watchdog the Competition and Markets Authority has called for a shake-up of the baby formula market in an effort to help parents struggling to afford it.
Fri 08 Nov 2024 09:24
(Sharecast News) - Analysts at Berenberg lowered their target price on Auto Trader from 880.0p to 830.0p on Friday, stating the group's "noisy" H1 had raised questions.
Fri 08 Nov 2024 09:20
(Sharecast News) - Thermal management and fluid handling systems manufacturer TI Fluid Systems said on Friday that the PUSU deadline for ABC Technologies' proposed takeover had been extended to 22 November.
Fri 08 Nov 2024 09:19
(Sharecast News) - Citi upgraded its stance on Great Portland Estates on Friday to 'buy' as it said it was the most attractive time to buy in the last decade.
Fri 08 Nov 2024 07:58
(Sharecast News) - Vistry tumbled on Thursday as it warned on full-year profits again, cutting its forecast for completions and highlighting issues at its South Division.
Fri 08 Nov 2024 07:51
(Sharecast News) - London-focused office owner and operator Workspace Group has disposed of another non-core asset with the sale of Raynes Park redevelopment site, the Rainbow Industrial Estate.
Fri 08 Nov 2024 07:35
(Sharecast News) - Public sector-focused outsourcing group Serco issued a double whammy of bad news for investors on Friday, revealing that it has not been reselected for it long-running Australian immigration detention centres contract, and estimating changes to employer national insurance contributions will increase labour costs by £20m a year.
Fri 08 Nov 2024 07:31
(Sharecast News) - IAG beat analysts' forecasts for topline growth in the third quarter and delivered strong guidance.
Fri 08 Nov 2024 07:19
(Sharecast News) - AstraZeneca has announced positive high-level results from a phase III for its Texspire treatment for nasal polyps.
Fri 08 Nov 2024 07:17
(Sharecast News) - Investment trust Scottish Mortgage revealed that it has lowered its stake in AI-darling Nvidia on Friday as it warned of unsustainable costs related to the technology's adoption.
Fri 08 Nov 2024 07:16
(Sharecast News) - Rightmove tweaked its full-year forecasts on Friday, but remained upbeat about the long-term prospects for the UK housing market.
Thu 07 Nov 2024 20:03
(Sharecast News) - Investment fund Oaktree Capital Management has written to Indivior urging the opioid addiction treatment maker to refresh its board with directors "committed to taking all steps necessary to improve shareholder value".
Thu 07 Nov 2024 19:00
(Sharecast News) - Boohoo hit back at Frasers Group on Thursday, accusing the retail company of promoting its own "self-interest" at the expense of other shareholders.
Thu 07 Nov 2024 14:29
(Sharecast News) - Warehouse-focused real estate investment trust Urban Logistics has delivered a solid set of results for its first half, during which it refinanced debt facilities and delivered an increase in both rental income and adjusted profits.
Thu 07 Nov 2024 14:23
(Sharecast News) - Investors' focus at the end of the week will be on the US consumer and any fresh news out around the incoming US administration's plans.
Thu 07 Nov 2024 12:45
(Sharecast News) - Telecommunications infrastructure firm Helios Towers lifted its full-year outlook on Thursday as it posted an uptick in third-quarter adjusted EBITDA.
Thu 07 Nov 2024 12:13
(Sharecast News) - Consumer credit firm NewDay Group - which is behind the Argos and John Lewis store cards - is reportedly kicking off preparations for a sale or stock market listing that could value it at more than £1.7bn.
Thu 07 Nov 2024 12:07
(Sharecast News) - Sub-prime lender Vanquis Banking Group reiterated its full-year financial guidance on Thursday as it said turnaround efforts were "progressing".
Thu 07 Nov 2024 11:53
(Sharecast News) - Oil and gas company Harbour Energy upwardly revised its annual hydrocarbon production target on Thursday to reflect the completion of its Wintershall Dea acquisition back in September.
Thu 07 Nov 2024 11:45
(Sharecast News) - Marketing firm S4 Capital warned on revenues on Thursday amid ongoing economic challenges.
Thu 07 Nov 2024 11:23
(Sharecast News) - Shares in CRH continued to climb on Thursday, as the building materials group shrugged off bad weather to post a jump in quarterly earnings.
Thu 07 Nov 2024 10:51
(Sharecast News) - Tate & Lyle posted a rise in first-half pre-tax profit on Thursday as it hailed a return to volume growth.
Thu 07 Nov 2024 10:42
(Sharecast News) - Trainline posted a surge in half-year profits and revenues on Thursday, after ticket sales across the UK and Europe steamed ahead.
Thu 07 Nov 2024 10:23
(Sharecast News) - Mobico said on Thursday that it was on track to meet profit guidance for the year amid continued growth in passenger demand.
Thu 07 Nov 2024 10:15
(Sharecast News) - Embattled utility provider Thames Water's class B bondholders have reportedly tabled a fully underwritten offer to provide £3.0bn of new debt.
Thu 07 Nov 2024 09:56
(Sharecast News) - Derwent London said it had benefited from solid demand for high-end office space in the third quarter, as it secured a number of new leases.
Thu 07 Nov 2024 09:41
(Sharecast News) - Property development and investment firm Hammerson has acquired another 50% stake in Southampton shopping centre Westquay for £135.0m, giving it a 100% interest in "a leading retail and leisure destination".
Thu 07 Nov 2024 09:35
(Sharecast News) - Wood Group shares were in freefall on Thursday as the oil services firm announced the launch of an independent review of its business that could lead to restatements and said third-quarter trading in its Projects segment was "disappointing".
Thu 07 Nov 2024 09:34
(Sharecast News) - Mining giant BHP confirmed on Thursday that the agreement entered into between Public Authorities in Brazil and Samarco Mineração, BHP Billiton Brasil and Vale Shad been ratified by the Supreme Court of Brazil on 6 November.
Thu 07 Nov 2024 09:17
(Sharecast News) - Howden Joinery Group warned annual profits would come in at the lower end of forecasts on Thursday, after "challenging" economic conditions and weak consumer spending dented sales.
Thu 07 Nov 2024 09:11
(Sharecast News) - Telecommunications giant BT downgraded its full-year revenue guidance on Thursday, pointing to both its non-UK operations and a "competitive retail environment" as the cause.
Thu 07 Nov 2024 08:48
(Sharecast News) - Engineering firm IMI said it remained on track to meet full-year targets on Thursday, following a "resilient" third quarter.
Thu 07 Nov 2024 08:30
(Sharecast News) - CAB Payments tumbled on Thursday after US payments company StoneX said it was not planning to make a takeover offer for the London-listed fintech firm.
Thu 07 Nov 2024 08:20
(Sharecast News) - Broadcaster ITV reported a drop in revenue for the first nine months of the year as its Studios arm was hit by the US actors' and writers' strike.
Thu 07 Nov 2024 08:19
(Sharecast News) - Hikma Pharmaceuticals reiterated its full-year outlook on Thursday on the back of strong trading across the business.
Thu 07 Nov 2024 08:09
(Sharecast News) - Hiscox reported a rise in written premiums for the first nine months of the year on Thursday as it hailed solid retail growth.
Thu 07 Nov 2024 08:07
(Sharecast News) - Utility giant National Grid said on Thursday that underlying profits had grown in the six months ended 30 September despite reporting a modest decline in revenue.
Thu 07 Nov 2024 08:00
(Sharecast News) - Wizz Air reported a drop in first-half profit on Thursday as the budget airline was hit by engine-related aircraft groundings.
Thu 07 Nov 2024 07:39
(Sharecast News) - Auto Trader has reported a solid increase in revenues and profits for the first half, but said the new car market remains challenging and gave a mixed outlook for used cars despite strong demand.
Thu 07 Nov 2024 07:23
(Sharecast News) - Engineering giant Rolls-Royce has reiterated its full-year guidance after a solid third-quarter performance, with demand remaining strong across civil aerospace, defence and power systems markets.
Thu 07 Nov 2024 07:19
(Sharecast News) - Taylor Wimpey backed its full-year outlook on Thursday as it said it saw steady signs of improvement in customer demand in the second half to date, as mortgage rates reduced and affordability improved.
Thu 07 Nov 2024 07:07
(Sharecast News) - UK supermarket chain Sainsbury's reported increasing momentum in its second quarter as it reiterated guidance for strong underlying profit growth this financial year, helped by improving grocery volumes and a stronger performance from Argos in the second half.
Wed 06 Nov 2024 14:58
(Sharecast News) - Deutsche Bank upgraded listed private equity firm 3i Group on Wednesday to 'buy' from 'hold'.
Wed 06 Nov 2024 12:51
(Sharecast News) - Frasers Group published an open letter on Wednesday in which it urged the board of Boohoo not to dispose of any assets without prior shareholder approval.
Wed 06 Nov 2024 11:22
(Sharecast News) - Shares in Ashtead Group soared on Wednesday, on hopes US revenues at the British firm would be boosted following the historic re-election of Donald Trump as president.
Wed 06 Nov 2024 10:41
(Sharecast News) - TBC Bank Group posted a robust set of third-quarter results on Wednesday, with net profit rising 15.6% year-on-year to GEL 347.26m (£98.21m), supported by solid income growth across segments.
Wed 06 Nov 2024 09:47
(Sharecast News) - Analysts at Berenberg downgraded medical equipment manufacturing company Smith & Nephew from 'buy' to 'hold' and lowered its target price on the stock from £14.50 to £10.50, stating the group's path to recovery was now "less clear".
Wed 06 Nov 2024 09:41
(Sharecast News) - Reinsurance business Conduit said on Wednesday that the industry had experienced "a significant level of natural catastrophe and large loss activity" in FY24, with activity across smaller and mid-size natural catastrophes and large risk events elevated in Q3.
Wed 06 Nov 2024 09:29
(Sharecast News) - YouGov reported a modestly positive performance for the financial year ended July on Wednesday, with revenue reaching £335.3m, a 30% year-on-year increase, slightly surpassing its August guidance.
Wed 06 Nov 2024 09:14
(Sharecast News) - Lancashire Holdings posted a 9% jump in premiums written on Wednesday as it announced a special dividend, sending shares in the insurer surging.
Wed 06 Nov 2024 08:41
(Sharecast News) - Lending and retail savings group OSB said on Wednesday that there had been signs of "a gradual return of confidence" across its core markets since 1 July.
Wed 06 Nov 2024 08:25
(Sharecast News) - Manufacturing and engineering business Senior named Alpna Amar as chief financial officer on Wednesday, with effect from May 2025.
Wed 06 Nov 2024 08:17
(Sharecast News) - Savings and retirement business Phoenix Group revealed on Wednesday that Nic Nicandrou had been appointed to the role of chief financial officer, with effect from 2 December.
Wed 06 Nov 2024 08:15
(Sharecast News) - Domino's Pizza posted a jump in third-quarter orders on Wednesday, underpinned by delivery orders.
Wed 06 Nov 2024 08:07
(Sharecast News) - Spirent Communications saw revenues tick higher in the third quarter, the telecoms testing specialist said on Wednesday, despite "challenging" market conditions.
Wed 06 Nov 2024 08:03
(Sharecast News) - Online electronics retailer AO World has received approval from the Financial Conduct Authority for its £10.0m cash takeover of MusicMagpie.
Wed 06 Nov 2024 08:00
(Sharecast News) - RBC Capital Markets upgraded Burberry on Wednesday to 'outperform' from 'sector perform' and hiked the price target to 900p from 650p.
Wed 06 Nov 2024 07:50
(Sharecast News) - Pub chain JD Wetherpoon said on Wednesday that it was "confident of a reasonable outcome for the year" as it reported record sales but highlighted rising costs.
Wed 06 Nov 2024 07:50
(Sharecast News) - Wise reported a strong first-half financial performance on Wednesday, with revenue up 19% to £591.9m, and underlying income reaching £662.4m.
Wed 06 Nov 2024 07:48
(Sharecast News) - Prudential reported an 11% increase in new business profit to $2.35bn for the first nine months of the year on Wednesday, buoyed by its multi-channel distribution strategy and strong geographic diversity.
Wed 06 Nov 2024 07:37
(Sharecast News) - Insurance group Beazley has reiterated its profitability guidance for the full year after a solid third quarter, as it estimated a hit of up to $175m from Hurricanes Helene and Milton.
Wed 06 Nov 2024 07:36
(Sharecast News) - Housebuilder Persimmon said it is on track to hit full-year targets for housing completions this year after an in-line third-quarter performance, with demand helped by improvements in customer sentiment as interest rates begin to reduce and affordability improves.
Wed 06 Nov 2024 07:20
(Sharecast News) - Marks & Spencer reported better-than-expected first-half profits on Wednesday as it said the food and clothing segments have now delivered market share growth for four consecutive years.
Tue 05 Nov 2024 17:19
(Sharecast News) - It's election time again in the United States and most observers and media are predicting that the vote counting in the presidential race could be a drawn out affair, possibly stretching out until the weekend, when not even further.
Tue 05 Nov 2024 17:18
(Sharecast News) - AstraZeneca said on Tuesday that it does not comment on speculative media reports, in response to a sharp drop in its share price.
Tue 05 Nov 2024 15:03
(Sharecast News) - Melrose Industries shot higher on Tuesday as Citi said it remains "high conviction" in the 'buy' case, given the trough multiple and the strong mid-term cash outlook.
Tue 05 Nov 2024 13:13
(Sharecast News) - NatWest Group has struck what is thought to be the UK's biggest-ever deal to outsource pension payments to a specialist insurance company.
Tue 05 Nov 2024 13:10
(Sharecast News) - Premier Inn owner Whitbread has reportedly kicked off the search for a successor to chairman Adam Crozier and is working with Russell Reynolds Associates.
Tue 05 Nov 2024 10:31
(Sharecast News) - UK water companies were on the rise on Tuesday as Citi and JPMorgan Cazenove struck a positive note on the outlook ahead of Ofwat's Final Determinations next month.
Tue 05 Nov 2024 09:50
(Sharecast News) - Hilton Food said on Tuesday that it traded in line with management expectations in the third quarter, as it hailed a continued strong performance across all three geographical operating regions.
Tue 05 Nov 2024 09:46
(Sharecast News) - International Workplace Group reported a 2% year-on-year revenue increase on a constant currency basis for the third quarter on Tuesday, alongside robust expansion in its managed and franchised segment, which achieved a 19% revenue rise.
Tue 05 Nov 2024 09:38
(Sharecast News) - Balfour Beatty announced on Tuesday that it has secured a $746m (£575m) contract from the Texas Department of Transportation to rebuild a section of Interstate 35 through Austin.
Tue 05 Nov 2024 09:31
(Sharecast News) - Smiths News announced a strong set of full year results on Tuedsay, surpassing market expectations.
Tue 05 Nov 2024 09:26
(Sharecast News) - TI Fluid Systems reported a 2.9% decline in revenue at constant currency for the first nine months of the year on Tuesday, citing reduced market volumes and economic headwinds in the third quarter, which alone saw a revenue drop of 5.9%.
Tue 05 Nov 2024 09:17
(Sharecast News) - The Competition and Markets Authority (CMA) provisionally indicated that the proposed merger between Vodafone and Three could move forward on Tuesday, if the companies implemented significant network investments and customer safeguards.
Tue 05 Nov 2024 08:57
(Sharecast News) - Morgan Advanced Materials reported a 3.8% rise in organic sales for the first nine months of 2024 on Tuesday, driven primarily by strong demand in its performance carbon segment, which saw a 12.6% increase.
Tue 05 Nov 2024 08:55
(Sharecast News) - RBC Capital Markets cut its price target on shares of Close Brothers on Tuesday to 425p from 435p and added a "speculative risk" qualifier to its rating as it assessed the impact of premium finance.
Tue 05 Nov 2024 08:18
(Sharecast News) - Interdealer broker TP ICAP reported record third-quarter revenue on Tuesday following strong performances in its Global Broking and Liquidnet businesses.
Tue 05 Nov 2024 08:04
(Sharecast News) - Weir Group reaffirmed its full-year guidance after reporting a robust third-quarter performance on Tuesday, citing increased demand in both greenfield and brownfield mining projects.
Tue 05 Nov 2024 07:53
(Sharecast News) - Primark owner Associated British Foods posted a 33% jump in full-year adjusted pre-tax profit on Tuesday, with revenue growth in both the retail and food businesses, as it announced a special dividend.
Tue 05 Nov 2024 07:24
(Sharecast News) - Online fashion retailer Asos reported a widening of its full-year losses on Tuesday as revenue slumped but insisted that things were looking up after two years implementing its transformation plan.
Tue 05 Nov 2024 07:18
(Sharecast News) - Schroders reported a record high in assets under management on Tuesday, reaching £777.4bn as of 30 September, although large third-quarter outflows took the shine off the news.
Mon 04 Nov 2024 12:39
(Sharecast News) - Birmingham-based engineer IMI said on Monday that it has appointed Luke Grant as chief financial officer and executive director with effect from 25 July 2025.
Mon 04 Nov 2024 12:34
(Sharecast News) - A coalition of Thames Water's creditors was reported to be seeking additional investors to support a £1.5bn rescue fund on Monday, aimed at stabilising the troubled water utility and sustaining its operations through to next October.
Mon 04 Nov 2024 12:22
(Sharecast News) - Former Conservative chancellor Nadhim Zahawi is actively engaged in efforts to support a £550m takeover of the Daily and Sunday Telegraph led by Dovid Efune, a New York-based media investor and current proprietor of the New York Sun, it was reported on Monday.
Mon 04 Nov 2024 11:58
(Sharecast News) - Croma Security Solutions Group reported solid financial results for the year ended 30 June on Monday, with group revenue rising 8.9% to £8.74m, after the first full year under its new strategic direction.
Mon 04 Nov 2024 11:53
(Sharecast News) - Zotefoams reported a robust trading performance for the first nine months of the year on Monday, with year-to-date sales ahead 23% at £110.7m, compared to the same period last year.
Mon 04 Nov 2024 11:47
(Sharecast News) - PRS REIT announced the appointment of Singer Capital Markets Advisory as its financial adviser for a strategic review and formal sale process on Monday, following its initial announcement on 23 October.
Mon 04 Nov 2024 11:46
(Sharecast News) - Sainsbury's announced itself as the first major UK supermarket to match Aldi prices in its convenience stores on Monday, committing a £1bn price investment over the holiday season.
Mon 04 Nov 2024 11:35
(Sharecast News) - Canaccord Genuity downgraded Fresnillo on Monday to 'hold' from 'buy' as it pointed to a strong run over the past three to six months.
Mon 04 Nov 2024 09:13
(Sharecast News) - Analysts at RBC Capital Markets downgraded 3i Group from 'outperform' to 'sector perform' on Monday, citing valuation grounds.
Mon 04 Nov 2024 09:07
(Sharecast News) - Jefferies has slashed its target price for medical devices maker Smith & Nephew from 1,400p to 1,250p after challenges in China weighed heavily on third-quarter results.
Mon 04 Nov 2024 08:57
(Sharecast News) - Burberry shares shot higher on Monday after online fashion publication Miss Tweed suggested over the weekend that Italy's Moncler could be considering a bid for the luxury fashion brand.
Mon 04 Nov 2024 08:06
(Sharecast News) - RBC Capital Markets upgraded Frasers Group on Monday to 'outperform' from 'sector perform' with a 'speculative risk' qualifier.
Mon 04 Nov 2024 07:55
(Sharecast News) - Wizz Air reported a 4.1% jump in passenger numbers for October on Monday, and an uptick in the load factor.
Mon 04 Nov 2024 07:34
(Sharecast News) - American upstream oil explorer Kosmos Energy has held on to its full-year production guidance after a solid third quarter, though revenues and profits for the period were significantly lower than last year as oil prices slumped.
Mon 04 Nov 2024 07:28
(Sharecast News) - Ryanair cut its full-year traffic forecast on Monday and reported a drop in first-half profits, as it took a hit from lower fares and Boeing delays.
Mon 04 Nov 2024 07:19
(Sharecast News) - Chemring Group announced two major contract wins valued at a combined £278m on Monday, through its subsidiaries Chemring Nobel in Norway and Chemring Energetic Devices (CED) in the United States.
Mon 04 Nov 2024 07:04
(Sharecast News) - Anglo American has announced the A$1.6bn (£0.8bn) sale of a stake in the Jellinbah joint venture in Australia as part of its strategy to exit the steelmaking coal industry.
Fri 01 Nov 2024 16:35
(Sharecast News) - UK financial watchdog the Financial Conduct Authority warned Odey Asset Management founder Crispin Odey on Friday that it intends to take action against the disgraced hedge fund boss.
Fri 01 Nov 2024 15:31
(Sharecast News) - Ryanair said on Friday that it could cut up to 10% of its scheduled flights to and from UK airports next year, as it criticised the government's decision to increase the tax on airline tickets in the Budget.
Fri 01 Nov 2024 09:47
(Sharecast News) - Secure Trust Bank reported continued growth in new business volumes and net lending in an update on Friday, although challenges in its vehicle finance segment led to a downgrade in its underlying profit expectations.
Fri 01 Nov 2024 09:40
(Sharecast News) - Helical announced on Friday that it has completed the sale of its 50% interest in the JJ Mack Building, London EC1, to joint venture partner AshbyCapital for £71.4m.
Fri 01 Nov 2024 09:40
(Sharecast News) - Helical announced on Friday that it has completed the sale of its 50% interest in the JJ Mack Building, London EC1, to joint venture partner AshbyCapital for £71.4m.
Fri 01 Nov 2024 09:36
(Sharecast News) - BNP Paribas Exane upgraded Schroders on Friday to 'outperform' from 'neutral' ahead of third-quarter results next week, as it pointed to improving momentum and an attractive valuation.
Fri 01 Nov 2024 09:30
(Sharecast News) - Analysts at Canaccord Genuity lowered their target price on shipbroking services business Braemar from 410.0p to 380.0p on Friday following the recently announced increase to the UK Employers National Insurance rate.
Fri 01 Nov 2024 09:10
(Sharecast News) - RBC Capital Markets initiated coverage of Warpaint on Friday with an 'outperform' rating and 685p price target.
Fri 01 Nov 2024 08:51
(Sharecast News) - Residential Secure Income announced changes to its asset management arrangements on Friday, following the launch of a new partnership between Gresham House and Thriving Investments.
Fri 01 Nov 2024 08:03
(Sharecast News) - Value-added components supplier Solid State has acquired Q-Par Antennas USA for a maximum consideration of up to $2.0m.
Fri 01 Nov 2024 07:43
(Sharecast News) - Consumer health products group Abbott and Reckitt have been cleared of liability in a trial investigating whether they hid bowel disease risks associated with premature-baby formula.
Fri 01 Nov 2024 07:23
(Sharecast News) - Berenberg started coverage of Morgan Sindall on Friday with a 'buy' rating and 4,500p price target.
Fri 01 Nov 2024 07:17
(Sharecast News) - CMC Markets announced a strategic partnership with New Zealand bank ASB on Friday, marking a significant expansion into the Australia-New Zealand region.
Thu 31 Oct 2024 15:17
(Sharecast News) - Analysts at Canaccord Genuity lowered their target price on business-to-business technology firm Nexteq from 200.0p to 110.0p on Friday, citing short-term headwinds.
Thu 31 Oct 2024 14:34
(Sharecast News) - Reaction Engines has reportedly crashed into administration after weeks of talks with potential backers failed to result in a rescue deal.
Thu 31 Oct 2024 14:20
(Sharecast News) - RBC Capital Markets has cut target prices for a number of UK-listed banks after this week's landmark ruling on motor finance commissions, saying that the news brings about an increased level of uncertainty and potential downside for lenders.
Thu 31 Oct 2024 12:02
(Sharecast News) - Engineering firm IMI said on Thursday that it has bought Rotterdam-based TWTG, "a leader" in smart connected asset monitoring solutions for process industries, for €25m (£21m) in cash.
Thu 31 Oct 2024 10:59
(Sharecast News) - VH Global Sustainable Energy Opportunities (GSEO) announced on Thursday that the construction and commissioning of two hybrid solar and battery storage systems in New South Wales, Australia had been completed.
Thu 31 Oct 2024 10:53
(Sharecast News) - Augmentum Fintech announced on Thursday that nCino, a Nasdaq-listed digital banking platform, had agreed to acquire FullCircl, a regulatory technology (RegTech) platform in which it holds an interest.
Thu 31 Oct 2024 10:43
(Sharecast News) - Custodian Property Income announced the sale of a vacant office unit in Solihull for £1.4m on Thursday, achieving a 33% premium over its valuation as of 30 June.
Thu 31 Oct 2024 09:55
(Sharecast News) - Coca-Cola HBC reported strong organic revenue growth of 13.9% in its third quarter on Thursday, fuelled by focused execution throughout the summer period.
Thu 31 Oct 2024 09:34
(Sharecast News) - Precision instrumentation and controls group Spectris warned on Thursday that the recovery it had anticipated at the time of its H1 results was "taking longer to materialise".
Thu 31 Oct 2024 08:43
(Sharecast News) - Kainos tumbled on Thursday as the IT services company said full-year revenues would be "moderately below" current market consensus, with the majority of the reduction flowing through to adjusted pre-tax profit.
Thu 31 Oct 2024 08:08
(Sharecast News) - Vodafone announced on Thursday that its Vodafone Romania subsidiary and Digi Romania have signed a memorandum of understanding (MoU) with the Hellenic Telecommunications Organization (OTE) concerning a potential acquisition of parts of Telekom Romania Mobile.
Thu 31 Oct 2024 07:43
(Sharecast News) - Sainsbury's said on Thursday that it has agreed to sell the Argos Financial Services (AFS) cards portfolio to NewDay Group for £720m.
Thu 31 Oct 2024 07:38
(Sharecast News) - Shares in Smith & Nephew tumbled on Thursday, after the medical devices firm slashed its full-year sales guidance on weaker-than-expected sales in China.
Thu 31 Oct 2024 07:37
(Sharecast News) - BHP Group has issued a statement to clarify that it has not officially walked away from its pursuit of Anglo American after comments made by the miner's chairman at this week's annual general meeting.
Thu 31 Oct 2024 07:19
(Sharecast News) - Online grocery tech provider Ocado Group has confirmed speculation that it is appointing former Microsoft exec Adam Warby to replace chair Rick Haythornthwaite, who announced his resignation six months ago.
Thu 31 Oct 2024 07:14
(Sharecast News) - Manufacturing activity in China expanded in October for the first time since April, according to figures released on Thursday by the National Bureau of Statistics.
Thu 31 Oct 2024 07:04
(Sharecast News) - Haleon reported organic revenue growth of 6.1% for the third quarter on Thursday, driven by balanced increases in both price and volume/mix at 3.3% and 2.8% respectively, though reported revenue declined by 0.6% due to currency impacts.
Thu 31 Oct 2024 07:02
(Sharecast News) - Energy major Shell posted a dip in third-quarter profits on Thursday, weighed down by lower oil prices, although the decline was less steep than feared.
Wed 30 Oct 2024 14:37
(Sharecast News) - Building materials distributor and retailer Grafton Group announced on Wednesday that it had completed the acquisition of Salvador Escoda, one of Spain's biggest HVAC distributors, for a maximum consideration of €132m.
Wed 30 Oct 2024 13:37
(Sharecast News) - Drugmaker AstraZeneca revealed on Wednesday that Leon Wang, the president of AstraZeneca China, was under investigation by Chinese authorities.
Wed 30 Oct 2024 12:10
(Sharecast News) - Diversified Energy announced on Wednesday that it has completed the acquisition of operated natural gas assets in eastern Texas for a gross purchase price of $69m.
Wed 30 Oct 2024 12:06
(Sharecast News) - Analysts at Berenberg lowered their target price on specialty chemicals business Elementis from 190.0p to 170.0p on Wednesday after the group's Q3 results a day earlier.
Wed 30 Oct 2024 11:02
(Sharecast News) - Campari shares tumbled on Wednesday after the Italian drinks maker reported a drop in third-quarter profits.
Wed 30 Oct 2024 10:50
(Sharecast News) - IG Group said on Wednesday that it has appointed Clifford Abrahams as chief financial officer and as an executive director.
Wed 30 Oct 2024 10:02
(Sharecast News) - Secure payments and customer engagement software provider Eckoh announced on Wednesday that it has agreed to be acquired by Eagle UK Bidco - an indirect subsidiary of funds managed by Bridgepoint Advisers II.
Wed 30 Oct 2024 09:37
(Sharecast News) - The German economy unexpectedly expanded in the third quarter, avoiding a technical recession, according to figures released by Destatis on Wednesday.
Wed 30 Oct 2024 08:59
(Sharecast News) - Shares in BAE Systems were in the red on Wednesday morning, as emergency services dealt with a fire at its Barrow-in-Furness nuclear submarine shipyard, briefly hospitalising two people and leading to the evacuation of the facility's main building, Devonshire Dock Hall.
Wed 30 Oct 2024 08:58
(Sharecast News) - Jefferies initiated coverage on a raft of European airline stocks on Wednesday as it argued that the market is overstating the risks.
Wed 30 Oct 2024 08:52
(Sharecast News) - Glencore reported a mixed production performance for the first three quarters of the year on Wednesday, with copper, cobalt, zinc, and nickel output generally lower year-on-year, while steelmaking coal saw a significant increase.
Wed 30 Oct 2024 08:39
(Sharecast News) - Citi downgraded its stance on alternative asset fund management group Bridgepoint on Wednesday to 'neutral' as it said there are limited near-term catalysts and the shares are up 80% over the past year.
Wed 30 Oct 2024 08:27
(Sharecast News) - Molten Ventures announced a stable portfolio performance for its first half on Wednesday, tempered by currency headwinds and shifting leadership.
Wed 30 Oct 2024 08:21
(Sharecast News) - Hochschild Mining said on Wednesday that its subsidiary, Amarillo Mineração, had exercised the right buy the Monte Do Carmo Project in Brazil from Cerrado Gold for $60m.
Wed 30 Oct 2024 08:03
(Sharecast News) - Fintech firm CAB Payments said on Wednesday that it is still in talks with US payments firm StoneX about a possible takeover, as it updated on its third-quarter performance.
Wed 30 Oct 2024 07:19
(Sharecast News) - GSK reported a mixed third-quarter performance on Wednesday, with a notable boost from specialty medicines helping to offset weaker sales in vaccines.
Wed 30 Oct 2024 07:17
(Sharecast News) - Standard Chartered lifted its full-year guidance on Wednesday, after a record performance in its wealth division helped third-quarter profits beat expectations.
Wed 30 Oct 2024 07:17
(Sharecast News) - Aston Martin Lagonda backed its full-year outlook on Wednesday as it reported a smaller-than-expected third-quarter loss.
Wed 30 Oct 2024 07:01
(Sharecast News) - Next lifted its guidance for both the crucial fourth quarter and the full year on Wednesday, after the recent cold snap caused sales to surge.
Tue 29 Oct 2024 16:17
(Sharecast News) - All eyes on Wednesday will be on the UK budget announcement.
Tue 29 Oct 2024 15:52
(Sharecast News) - The "explainer" released by Melrose Industries on Monday about its 19 Risk and Revenue Sharing Partnerships (RRSPs) is a "positive development," Citi said in a research note.
Tue 29 Oct 2024 15:49
(Sharecast News) - Analysts at Berenberg lowered their target price on RWS Holdings from 380.0p to 330.0p on Tuesday following the group's FY24 trading update.
Tue 29 Oct 2024 15:27
(Sharecast News) - Jefferies downgraded its stance on TI Fluid Systems on Tuesday to 'hold' from 'buy' following the takeover proposal from ABC Technologies.
Tue 29 Oct 2024 11:56
(Sharecast News) - More than 1,000 Ford workers will go on strike on Wednesday in a long-running dispute over pay and contract changes.
Tue 29 Oct 2024 09:16
(Sharecast News) - Property development and investment firm Great Portland Estates has acquired 19/23 Wells Street in Fitzrovia from British Land for £19.0m.
Tue 29 Oct 2024 09:02
(Sharecast News) - Ultimate Products reported a 'resilient' financial performance for the year ended 31 July on Tuesday, in line with market expectations despite challenging conditions.
Tue 29 Oct 2024 08:16
(Sharecast News) - Foxtons said on Tuesday that it has bought two commuter town estate agents - Haslams and Imagine - for £12.6m.
Tue 29 Oct 2024 08:14
(Sharecast News) - C&C Group said it remained on track to meet full-year expectations on Tuesday, despite washout summer weather hitting trading.
Tue 29 Oct 2024 08:02
(Sharecast News) - Speciality chemicals business Elementis said on Tuesday that it had delivered an "improved performance" in Q3, with revenue up 2% year-on-year.
Tue 29 Oct 2024 07:55
(Sharecast News) - German consumer sentiment is expected to improve in November, according to a survey released on Tuesday by GfK and the Nuremberg Institute for Market Decisions (NIM).
Tue 29 Oct 2024 07:41
(Sharecast News) - Educational publisher Pearson reiterated its full-year outlook on Tuesday, after an uptick in quarterly sales.
Tue 29 Oct 2024 07:27
(Sharecast News) - HSBC announced another $3bn share buyback on Tuesday as it posted better-than-expected third-quarter profits, underpinned by solid performances from the wealth and investment banking units.
Tue 29 Oct 2024 07:16
(Sharecast News) - Hargreaves Lansdown reported a positive quarter for the three months ended 30 September on Tuesday, with assets under administration (AuA) reaching £157.3bn.
Tue 29 Oct 2024 07:02
(Sharecast News) - BP posted a slide in quarterly profits on Tuesday, hit by weaker refining margins, although the decline was not as steep as feared.
Mon 28 Oct 2024 17:18
(Sharecast News) - Berenberg reiterated their 'hold' rating and 1,600.0p target price on software firm Softcat on Monday, stating the group's "impressive performance" had continued.
Mon 28 Oct 2024 15:04
(Sharecast News) - Melrose Industries surged on Monday after it released a document explaining the accounting around its 19 Risk and Revenue Sharing Partnerships (RRSPs) and said the portfolio was "well positioned" to generate significant returns for investors in the coming decades.
Mon 28 Oct 2024 11:14
(Sharecast News) - Boeing said on Monday that it had launched a $19bn share sale as it looks to bolster its finances.
Mon 28 Oct 2024 09:59
(Sharecast News) - UK watchdog the Financial Conduct Authority has slapped Wise chief executive Kristo Kaarman with a £350,000 fine to settle an investigation into regulatory disclosures related to his personal tax matters.
Mon 28 Oct 2024 09:52
(Sharecast News) - Shore Capital has reiterated its 'buy' rating for Trainline after the bookings platform upgraded its full-year guidance on Monday, predicting significant upside for the stock from current levels.
Mon 28 Oct 2024 09:32
(Sharecast News) - BioVentix, a UK-based developer of high-affinity monoclonal antibodies for clinical diagnostics, reported a 6% improvement in full-year revenue on Monday, to £13.6m, up from £12.82m in the prior year.
Mon 28 Oct 2024 08:44
(Sharecast News) - Good Energy surged on Monday as the renewable electricity and energy services provider said it was considering a takeover proposal from Dubai's Esyasoft.
Mon 28 Oct 2024 08:22
(Sharecast News) - Gulf Marine Services, a provider of self-propelled, self-elevating support vessels for the offshore oil, gas, and renewables sectors, revised its adjusted EBITDA guidance on Monday after reporting solid growth through the third quarter.
Mon 28 Oct 2024 08:06
(Sharecast News) - Building materials distributor Lords Group said on Monday that it has acquired a majority stake in Bicester-based business Ultimate Renewables.
Mon 28 Oct 2024 07:55
(Sharecast News) - Computacenter downgraded its full-year profit guidance on Monday after a softer-than-expected end to the third quarter.
Mon 28 Oct 2024 07:42
(Sharecast News) - Healthcare-focused property investor Assura is to apply for a secondary listing on the Johannesburg Stock Exchange, which it believes will be beneficial to the company and its shareholders.
Mon 28 Oct 2024 07:37
(Sharecast News) - BT Group is reportedly working with investment bankers on a possible sale of its Radianz unit as part of chief executive Allison Kirkby's plan to simplify the UK telecoms group.
Mon 28 Oct 2024 07:25
(Sharecast News) - Online CFD trading platform Plus500 said it benefited from continued investments to attract new customers in the third quarter, as it reported a double-digit increase in revenue, though falling margins kept a lid on profit growth.
Mon 28 Oct 2024 07:16
(Sharecast News) - Lloyds Banking Group updated the market on recent Court of Appeal rulings concerning motor commission arrangements on Monday, which set a new standard for motor dealers acting as credit brokers, requiring them to disclose commissions paid by lenders more comprehensively to customers.
Mon 28 Oct 2024 07:10
(Sharecast News) - Train and coach bookings platform Trainline has raised its full-year guidance for top-line growth and margin expansion following a strong first half.
Fri 25 Oct 2024 12:12
(Sharecast News) - Close Brothers tumbled on Friday after the Court of Appeal ruled in favour of British consumers that motor dealers acting as credit brokers owe a fiduciary duty to their customers.
Fri 25 Oct 2024 11:07
(Sharecast News) - Paper and packaging group Mondi said on Friday that it has decided to permanently close its Stambolijski mill in Bulgaria following the fire there last month.
Fri 25 Oct 2024 09:46
(Sharecast News) - Citi downgraded SSE on Friday to 'sell' as it cited concerns about the deployment of its offshore wind fleet.
Fri 25 Oct 2024 09:30
(Sharecast News) - Analysts at Berenberg raised their target price on bookmaker Flutter Entertainment from 18,800.0p to 20,300.0p on Friday as it updated its estimates for the group's mid-term targets.
Fri 25 Oct 2024 09:24
(Sharecast News) - Airtel Africa slumped on Friday as it posted a decline in first-half profit and revenues.
Fri 25 Oct 2024 08:53
(Sharecast News) - Thames Water secured a critical £3bn loan on Friday, to sustain operations through to October next year.
Fri 25 Oct 2024 08:45
(Sharecast News) - Currency and asset manager Record said on Friday that assets under management had grown in the three months ended 30 September.
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