News Archive
TI Fluid 'minded to recommend' 200p-a-share takeover offer from ABC Technologies
14th Oct 2024 07:54
(Sharecast News) - TI Fluid Systems said on Monday that it would be "minded to recommend" an improved takeover proposal from ABC Technologies at 200p a share, should a firm offer be made.
Read moreJPMorgan upgrades Bunzl to 'overweight'
14th Oct 2024 07:40
(Sharecast News) - JPMorgan Cazenove upgraded Bunzl on Monday to 'overweight' from 'neutral' and lifted the price target to 3,980p from 3,660p as it increased its medium-term underlying margin assumptions to reflect greater confidence in a positive trajectory.
Read moreLondonMetric adds £8.5m rent in year to date
14th Oct 2024 07:38
(Sharecast News) - LondonMetric Property said it had settled a number of deals that have added £8.5m in annual rent in the financial year to date.
Read moreAshmore puts in solid Q1 performance on emerging market strength
14th Oct 2024 07:38
(Sharecast News) - Shares in Ashmore rose strongly on Monday after the emerging market asset manager reported a 5% increase in assets under management (AuM) in the first quarter, helped by a positive investment performance and increasing investor appetite.
Read moreLondon pre-open: Stocks seen lower ahead of key data releases
14th Oct 2024 07:36
(Sharecast News) - London stocks were set to edge down at the open on Monday as investors eyed the release of key UK data points this week, including jobs figures on Tuesday and inflation readings on Wednesday.
Read moreMonday newspaper round-up: Harland & Wolff, Post Office, top rate taxpayers
14th Oct 2024 07:27
(Sharecast News) - Spanish shipbuilding firm Navantia is in exclusive negotiations to buy Harland & Wolff, the owner of the Belfast shipyard that built the Titanic, in a deal that could rescue up to 1,000 jobs. It is understood the group could take control of the group's four yards - in Belfast; Appledore, Devon; Arnish on the Isle of Lewis; and Methil, Fife - as early as next month. - Guardian
Read moreChina export and import growth slows further
14th Oct 2024 07:21
(Sharecast News) - China's exports and imports grew significantly less than expected in September, according to fresh data released on Monday.
Read morePageGroup cautious as recruitment weakness continues
14th Oct 2024 07:20
(Sharecast News) - PageGroup reported a 13.5% drop in group gross profit for the third quarter on Monday, reflecting ongoing challenges across global recruitment markets.
Read moreEasyJet appoints Lineas exec as new CFO
14th Oct 2024 07:19
(Sharecast News) - EasyJet has announced that it is appointing the chief financial officer European freight operator Lineas as the new head of its finance function, as current CFO Kenton Jarvis gets ready to move into the chief executive role early next year.
Read moreMulberry considering position as Challice rejects new Frasers offer
14th Oct 2024 07:04
(Sharecast News) - Luxury handbag maker Mulberry on Monday said it was considering its position after major shareholder Challice said it had no intention of selling its 56% stake to Mike Ashley's Frasers Group despite an increased £111m bid for the company.
Read moreUS close: Stocks higher following PPI, bank earnings
13th Oct 2024 22:20
(Sharecast News) - Wall Street stocks were in the green at the close of trading on Friday as market participants digested quarterly earnings reports from some of the biggest names in US banking and better-than-expected inflation data.
Read moreSunday newspaper round-up: BP, Smith&Nephew, TalkTalk
13th Oct 2024 12:34
(Sharecast News) - Activist investor Bluebell has asked for BP chairman Helge Lund's head due to the oil giant's "embarrassing" share price performance. Whilst Shell or American rivals Chevron and ExxonMobil had doubled down on profitable fossil fuels, BP had followed a green strategy. Reports indicate that BP's new boss, Murray Auchinloss, was looking to pivot back to oil and gas in response to pressure from shareholders. Yet the company had not confirmed those reports and was not due to provide a strategy update until February. - Financial Mail on Sunday
Read moreDirector dealings: Advanced Medical Solutions director snaps up shares
11th Oct 2024 16:13
(Sharecast News) - Advanced Medical Solutions revealed on Friday that non-executive director Grahame Cook had acquired 48,864 ordinary shares in the AIM-listed tissue-healing technologies business.
Read moreEurope close: Stocks end week on a positive note
11th Oct 2024 16:12
(Sharecast News) - European markets were moderately higher at the end of the week as investors looked ahead to widely expected fresh stimulus measures from China over the weekend.
Read moreBNY Mellon posts record assets under administration
11th Oct 2024 15:38
(Sharecast News) - BNY Mellon reported a strong set of third-quarter results on Friday, surpassing profit estimates as assets under custody and administration reached a record $52.1trn.
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