News Archive
JTC buys Citi Trust for $80m
16th Sep 2024 07:53
(Sharecast News) - Professional services provider JTC said on Monday that it has bought Citi Trust - the global fiduciary and trust administration services business - from Citigroup for $80m.
Read moreWatchstone Group narrows first-half losses
16th Sep 2024 07:39
(Sharecast News) - Watchstone Group announced its results for the six months ended 30 June on Monday, reporting a substantial reduction in operating losses compared to the same period last year.
Read moreHgCapital's top investments drive NAV growth in first half
16th Sep 2024 07:33
(Sharecast News) - HgCapital Trust, the FTSE 250-listed investor in European and transatlantic software and services businesses, reported a 6.4% increase net asset value (NAV) in the first half, with double-digit revenue and profit growth achieved across its top 20 investments.
Read moreLondon pre-open: Stocks to nudge up ahead of busy week for central banks
16th Sep 2024 07:30
(Sharecast News) - London stocks were set to nudge up at the open on Monday as investors eyed rate announcements this week by the Bank of England and the US Federal Reserve.
Read moreMonday newspaper round-up: Airport expansion, workplace pensions, ITV
16th Sep 2024 07:21
(Sharecast News) - The younger, tormented minister mulling his position before the Labour government granted Heathrow's third runway in 2009 might have been greatly relieved to know that, 15 years later, not a shovel would have touched the ground. But now, returning to power with a revamped energy and climate brief, Ed Miliband again finds himself in a cabinet which, many in aviation hope, may usher in bigger airports and more flights - as well as enough CO2 emissions to outweigh any new solar farms. - Guardian
Read moreClose Brothers CEO Sainsbury takes temporary medical leave
16th Sep 2024 07:16
(Sharecast News) - Close Brothers said on Monday that chief executive Adrian Sainsbury has taken a temporary medical leave of absence from the business.
Read moreOctopus Renewables reports 2pc first half NAV return
16th Sep 2024 07:16
(Sharecast News) - Octopus Renewables Infrastructure Trust reported a net asset value total return of 2% for the first half on Monday, an improvement from 0.9% in the same period last year.
Read moreUK housing market sees bumper start to autumn - Rightmove
16th Sep 2024 07:14
(Sharecast News) - The UK housing market strengthened in September, industry research showed on Monday, as prices ticked higher and the number of agreed sales jumped.
Read morePhoenix pulls SunLife sale as first-half profits rise 15%
16th Sep 2024 07:09
(Sharecast News) - Pensions, savings and life insurance provider Phoenix reported a 15% increase in adjusted operating profits in the first half and reiterated its medium-term targets for earnings and cash generation.
Read moreTI Fluid rejected two offers from Canada's ABC Technologies
16th Sep 2024 07:03
(Sharecast News) - Shares in UK automotive parts supplier TI Fluid Systems soared by 15% on Monday as the company said it had rebuffed two approaches from Canada's ABC Technologies over the past month.
Read moreUS close: Stocks extend win streak as markets eye rate cut
13th Sep 2024 21:57
(Sharecast News) - US stocks rose again on Friday, capping off an impressive win streak that more or less erased the losses made last week, as investors awaited a widely expected interest-rate cut from the Federal Reserve in the coming days.
Read moreEurope close: Stocks end week on a positive note
13th Sep 2024 17:58
(Sharecast News) - European shares finished higher on Friday as the betting increased on a larger-than-expected US interest rate cut in US, a day after the European Central Bank trimmed its benchmark.
Read moreUS open: Stocks move higher, buoyed by inflation data and Fedspeak
13th Sep 2024 17:23
(Sharecast News) - Wall Street was trading on the front foot at the end of the week, buoyed by better-than-expected inflation data.
Read moreLondon close: Stocks finish firmer in subdued trading
13th Sep 2024 16:44
(Sharecast News) - London stocks closed in positive territory on Friday, bolstered by hopes of an interest rate cut in the United States, although the gains were modest as trading remained subdued.
Read moreDaily Mail, Sun cut US editorial jobs
13th Sep 2024 16:21
(Sharecast News) - Two of Britain's largest newspaper publishers, News UK and DMGT, are implementing significant job cuts in their US digital operations, it emerged on Friday.
Read more