News Archive

Thoma Bravo acquisition of Darktrace clears regulatory hurdles

16th Sep 2024 10:49

(Sharecast News) - Cybersecurity specialist Darktrace announced on Monday that all regulatory and competition conditions for its acquisition by Luke Bidco had been satisfied.

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London midday: Stocks flat as investors eye policy announcements

16th Sep 2024 10:43

(Sharecast News) - London stocks had pared earlier small losses to trade flat by midday on Monday ahead of a busy week that includes rate announcements from the Bank of England, the US Federal Reserve and the Bank of Japan.

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Asia report: Markets mixed after weekend data dump from China

16th Sep 2024 10:21

(Sharecast News) - Asia-Pacific markets presented a mixed picture on Monday amid a relatively quiet trading session, as investors evaluated recent economic data from China and looked ahead to the US Federal Reserve's upcoming monetary policy announcement.

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Galliford Try announces delay to annual results

16th Sep 2024 10:11

(Sharecast News) - Galliford Try announced on Monday that it would delay the publication of its annual results statement.

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Apollo invests $1bn into BP's Trans Adriatic Pipeline

16th Sep 2024 09:41

(Sharecast News) - American asset management firm Apollo Global Management has invested in BP's part-owned Trans Adriatic Pipeline as part of a $1bn deal.

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TT Electronics downgrades full-year outlook, shares tumble

16th Sep 2024 09:24

(Sharecast News) - TT Electronics tumbled on Monday as it downgraded its full-year outlook, citing "operational efficiency issues" in two North American sites.

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Science In Sport predicts return to growth after restructuring

16th Sep 2024 09:19

(Sharecast News) - Underlying profits at Science in Sport nearly doubled in the first half of 2024, as work to improve margins made up for a big drop in revenues amid a complete restructuring of the performance nutrition manufacturer which saw the shake-up of its board.

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Rexel shares surge as €8.4bn QXO bid rebuffed

16th Sep 2024 09:16

(Sharecast News) - Shares in Rexel surged on Monday after the French electrical parts company rejected a takeover offer from QXO of the US, valuing it at €8.46bn.

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US pre-open: Stocks seen mixed as investors eye Fed policy announcement

16th Sep 2024 09:02

(Sharecast News) - US stock futures pointed to a mixed open on Wall Street on Monday as attention turns to this week's rate announcement from the Federal Reserve, with a cut widely expected.

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Keywords Studios reports profitability challenges ahead of acquisition

16th Sep 2024 08:41

(Sharecast News) - Keywords Studios, a provider of creative and technology services to the global video game and entertainment industries, reported a modest increase in first-half revenue in its interim results on Monday, but faced challenges with profitability.

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RBC Capital lifts Marks & Spencer target price

16th Sep 2024 08:26

(Sharecast News) - RBC Capital Markets lifted its price target on Marks & Spencer on Monday to 400p from 350p as it raised estimates on the 'outperform' rated stock, pointing to sales momentum and the recent re-rating of the UK food retail sector.

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Europe open: Shares lower as all eyes on Fed rate call; Rexel surges

16th Sep 2024 08:17

(Sharecast News) - European shares opened lower on Monday as investors waited on a key interest rate decision from the US Federal Reserve this week.

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London open: Stocks nudge lower as investors eye rate announcements

16th Sep 2024 08:02

(Sharecast News) - London stocks nudged lower in early trade on Monday ahead of a busy week that includes rate announcements from the Bank of England, the US Federal Reserve and the Bank of Japan.

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UK manufacturing conditions mixed in Q3, but outlook improves

16th Sep 2024 07:57

(Sharecast News) - UK manufacturers experienced a mixed start to the second half of 2024, with domestic orders weakening but exports performing well, according to the quarterly Make UK/BDO Manufacturing Outlook survey released on Monday.

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Playtech sees adjusted FY earnings slightly ahead of expectations

16th Sep 2024 07:57

(Sharecast News) - Shares in Playtech rose sharply on Monday after the UK gambling technology maker said it had struck a revised deal with Mexican gambling operator Caliente Interactive over their Caliplay joint venture and said annual adjusted earnings would be slightly ahead of expectations, driven by its business-to-business (B2B) division.

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