News Archive

'Intense' competition in China weighs heavily on Volkswagen

11th Oct 2024 11:07

(Sharecast News) - Global car sales at Volkswagen Group fell sharply in the last quarter, the German manufacturer confirmed on Friday, dragged down by stiff competition in China.

Read more

Braveheart acquires 29.5pc stake in IQ-AI

11th Oct 2024 11:03

(Sharecast News) - Braveheart Investment Group announced on Friday that it had acquired a 29.51% stake in IQ-AI, an imaging software and healthcare diagnostics company, for £0.72m.

Read more

Auction Technology Group performing well but improvements needed, says RBC

11th Oct 2024 10:55

(Sharecast News) - RBC Capital Markets has trimmed its target price for Auction Technology Group (ATG) and kept a 'sector perform' stance on the stock, saying that it needs to see evidence of improving market conditions before turning more positive.

Read more

London midday: Stocks edge down ahead of China update; UK GDP in focus

11th Oct 2024 10:37

(Sharecast News) - London stocks had edged lower by midday on Friday as investors mulled the latest UK GDP data and awaited an update on China's stimulus plans.

Read more

US pre-open: Futures in the red as Q3 earnings season gets underway

11th Oct 2024 10:28

(Sharecast News) - Wall Street futures were in the red ahead of the bell on Friday as market participants digested quarterly earnings reports from some of the biggest names in US banking.

Read more

Asia report: Most markets fall as Bank of Korea trims rates

11th Oct 2024 10:25

(Sharecast News) - Asia-Pacific markets mostly fell on Friday, with Chinese stocks leading declines, as investors awaited a key policy briefing and digested US inflation data that weighed on Wall Street overnight.

Read more

Digital 9 appoints new investment manager for portfolio wind-down

11th Oct 2024 10:20

(Sharecast News) - Digital 9 Infrastructure announced the appointment of InfraRed Capital Partners as its new investment manager and alternative investment fund manager (AIFM) on Friday, overseeing the managed wind-down of its portfolio.

Read more

Revolution Bars changes names to The Revel Collective

11th Oct 2024 10:09

(Sharecast News) - Pub and bar operator Revolutions Bars Group revealed on Friday that it had changed its name to The Revel Collective in order to better reflect "the make-up of the group".

Read more

Trakm8 secures Sainsbury's contract extension

11th Oct 2024 09:58

(Sharecast News) - Telematics and data insight provider Trakm8 has been awarded a two-year contract extension with British supermarket giant Sainsbury's.

Read more

Stifel upgrades Barratt Redrow, Crest Nicholson

11th Oct 2024 09:38

(Sharecast News) - Stifel adjusted its ratings on several UK housebuilders on Friday, upgrading Barratt Redrow and Crest Nicholson to 'buy' from 'hold' on the back of underperformance and a compelling valuation, respectively.

Read more

Saga in talks with Ageas about possible tie-up, shares spark

11th Oct 2024 09:37

(Sharecast News) - Shares in Saga jumped on Friday, after the travel-to-insurance business revealed it was in advanced discussions with Belgium's Ageas about a potential partnership deal.

Read more

Oxford Metrics acquires The Sempre Group

11th Oct 2024 09:11

(Sharecast News) - Software business Oxford Metrics has acquired measurement specialist The Sempre Group, strengthening its smart manufacturing offering.

Read more

Oxford Metrics acquires The Sempre Group

11th Oct 2024 09:11

(Sharecast News) - Software business Oxford Metrics has acquired measurement specialist The Sempre Group, strengthening its smart manufacturing offering.

Read more

JPMorgan downgrades Vistry, sees little scope for outperformance

11th Oct 2024 08:51

(Sharecast News) - JPMorgan Cazenove has cut its recommendation for Vistry from 'overweight' to 'neutral' and slashed its target price more than a third after a profit warning from the housebuilder on Tuesday, saying that the company needs to "restore confidence" among investors.

Read more

SkinBioTherapeutics shares jump on acquisition of topical cream maker

11th Oct 2024 08:41

(Sharecast News) - AIM-listed life sciences company SkinBioTherapeutics has announced the acquisition of Yorkshire-based health, hygiene and personal care products group Bio-Tech Solutions for £1.25m.

Read more