News Archive

UK construction sector grows at fastest pace in two-and-a-half years

4th Oct 2024 09:10

(Sharecast News) - The UK construction sector grew in September at its fastest pace in two-and-a-half years, according to a survey released on Friday.

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Eurozone construction downturn continues as new orders, staffing levels sink

4th Oct 2024 09:01

(Sharecast News) - The decline in construction across the eurozone eased slightly in September, but the downturn remained firmly entrenched, with every member state reporting a contraction in activity.

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Canaccord Genuity lowers target price on Wynnstay

4th Oct 2024 08:58

(Sharecast News) - Analysts at Canaccord Genuity lowered their target price on agricultural business Wynnstay from 520.0p to 470.0p on Friday, stating the group was "battling through adversity".

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Maersk among Friday's fallers as US port strike called off

4th Oct 2024 08:54

(Sharecast News) - Shares in shipping firms were in the red on Friday, with Maersk particularly affected, following the resolution of a US port strike that had initially raised hopes for a boost in global shipping demand for European operators.

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Frasers snaps up more shares in takeover target Mulberry

4th Oct 2024 08:48

(Sharecast News) - Mike Ashley's Frasers Group has bolstered its stake in Mulberry Group, it confirmed on Friday, just days after the luxury brand rebuffed a takeover approach from the retailer.

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Prospex Energy gets green light to apply for Polish licences

4th Oct 2024 08:42

(Sharecast News) - AIM-listed energy investment firm Prospex Energy has officially expanded into its third European country after its subsidiary PXEN Tatra secured the qualification to apply for licences in Poland.

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London open: FTSE flat amid Middle East woes, ahead of payrolls

4th Oct 2024 08:25

(Sharecast News) - London stocks were flat in early trade on Friday as Israel's strikes against Lebanon intensified and as investors eyed the latest US non-farm payrolls report.

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Renew disposes of Walter Lilly for 'nominal consideration'

4th Oct 2024 08:12

(Sharecast News) - Engineering services group Renew Holdings has disposed of Walter Lilly & Co to Size Holdings for "a nominal consideration" on a cash-free/debt-free basis.

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Good Energy buys solar installation firm Amelio Solar

4th Oct 2024 08:11

(Sharecast News) - AIM-listed renewable electricity supplier Good Energy Group has announced the acquisition Lincolnshire-based solar installation company Amelio Enterprises for £6m.

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Europe open: Stoxx rises despite talk of attacks on Iran

4th Oct 2024 07:51

(Sharecast News) - European shares opened higher on Friday, shrugging off a weak session in the US on comments from US President Joe Biden that his administration held discussions with Israel on potential attacks against Iranian oil facilities.

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Capricorn Energy on track for $50m payment

4th Oct 2024 07:40

(Sharecast News) - Capricorn Energy confirmed on Friday it had hit a $50m payment milestone under a 2020 deal with Woodside Energy, with proceeds due to be returned to shareholders.

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Virgin Wines agrees strategic partnership with Ocado

4th Oct 2024 07:37

(Sharecast News) - Virgin Wines said on Friday that it has agreed a strategic partnership with online supermarket Ocado.com, which will stock a selection of 50 wines from its portfolio.

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London pre-open: Stocks to nudge down ahead of payrolls

4th Oct 2024 07:35

(Sharecast News) - London stocks were set to nudge lower at the open on Friday amid escalating tensions in the Middle East and as investors eyed the latest US non-farm payrolls report.

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Friday newspaper round-up: Electric car sales, SSE, small businesses

4th Oct 2024 07:29

(Sharecast News) - Rachel Reeves is paving the way for a multibillion-pound increase in public-sector investment at the budget after the government announced plans to commit almost £22bn over 25 years to fund carbon capture and storage projects. In what is expected to be one of the biggest green spending promises of the parliament, the chancellor, prime minister and the energy secretary, Ed Miliband, will unveil the details on a visit to the Liverpool city region on Friday declaring a "new era" for clean energy jobs. - Guardian

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Wetherspoon reinstates dividend after year of underlying growth

4th Oct 2024 07:19

(Sharecast News) - JD Wetherspoon reported a 5.7% increase in full-year revenue on Friday, to £2.04bn, with a 73.5% rise in profit before tax to £73.9m before separately disclosed items.

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