News Archive

Legal & General sells Cala Group for £1.35bn

18th Sep 2024 07:02

(Sharecast News) - Legal & General said it had sold UK house builder Cala for £1.35bn to its former joint venture partner Patron Capital and investment group Sixth Street Partners as it looks to focus on its main businesses.

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Europe close: Stocks rise as markets gear up for Fed rate cut

17th Sep 2024 15:57

(Sharecast News) - European stocks rose to a two-week high on Tuesday as global markets geared up for an eagerly anticipated Federal Reserve rate cut the following day, with investors this side of the Pond shrugging off another round of weak economic data from Germany.

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US open: Dow, S&P 500 hit new highs ahead of Fed decision

17th Sep 2024 15:44

(Sharecast News) - US stocks rose on Tuesday morning with the Dow and S&P 500 both at all-time highs ahead of a widely anticipated interest-rate cut from the Federal Reserve.

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US industrial production rises more than expected

17th Sep 2024 15:43

(Sharecast News) - US industrial production bounced back in August, rising much more than economists had expected, according to data released on Tuesday by the Federal Reserve.

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Swiss watchdog seizes £11m from Mirabaud in laundering case

17th Sep 2024 15:11

(Sharecast News) - Switzerland's financial market regulator on Tuesday said it had confiscated 12.7 million Swiss francs (£11.36m) from private bank Mirabaud for breaches of financial market law and money-laundering obligations.

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London close: Stocks finish higher ahead of US Fed

17th Sep 2024 14:48

(Sharecast News) - London stocks closed higher on Tuesday as investors focused on the start of the US Federal Reserve's two-day policy meeting, where a rate cut was widely anticipated.

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FTSE 100 movers: Kingfisher jumps on results; Compass loses its way

17th Sep 2024 14:41

(Sharecast News) - London's FTSE 100 was up 0.3% at 8,299.91 in afternoon trade on Tuesday.

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FTSE 250 movers: Wizz Air takes off; Essentra slumps

17th Sep 2024 14:17

(Sharecast News) - FTSE 250 (MCX) 21,014.09 0.40%

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MediaZest secures £0.5m in new business

17th Sep 2024 13:43

(Sharecast News) - MediaZest announced on Tuesday that it had secured more than £0.5m in new business over the last two months.

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Physiomics secures new contract from existing pharma client

17th Sep 2024 13:38

(Sharecast News) - Physiomics, a specialist in mathematical modelling and data science for drug development and personalised medicine, announced on Tuesday that it has secured a new contract worth £65,000 from an existing large pharmaceutical client.

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Physiomics secures new contract from existing pharma client

17th Sep 2024 13:38

(Sharecast News) - Physiomics, a specialist in mathematical modelling and data science for drug development and personalised medicine, announced on Tuesday that it has secured a new contract worth £65,000 from an existing large pharmaceutical client.

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Director dealings: Oryx International, Elementis disclose director purchases

17th Sep 2024 13:37

(Sharecast News) - Directors and their associates at Oryx International Growth Fund and Elementis have increased their personal investments in their respective companies, according to disclosures released on Tuesday in London.

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Franchise Brands confident after solid first-half sales

17th Sep 2024 13:31

(Sharecast News) - Multi-brand franchise business Franchise Brands announced robust interim results for the six months ended 30 June on Tuesday, with a 42% increase in system sales to £206m, marking a record performance across its key divisions despite anticipated moderation in certain sectors.

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BP Marsh flags strong half-year trading performance

17th Sep 2024 13:26

(Sharecast News) - Financial services investor BP Marsh announced a strong trading performance for the six months ended 31 July in an update on Tuesday.

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Broker tips: Auction Technology, Compass Group, THG

17th Sep 2024 13:14

(Sharecast News) - JPMorgan Cazenove upgraded Auction Technology on Tuesday to 'overweight' from neutral' as it argued the shares are overly discounting earnings risk into 2025.

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