News Archive

Praxis withdraws from potential Capital & Regional takeover

10th Sep 2024 09:17

(Sharecast News) - Praxis Group announced on Tuesday that it would not proceed with its potential offer to acquire Capital & Regional.

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Hill & Smith buys US structural steel components maker Whitlow for $30.2m

10th Sep 2024 09:13

(Sharecast News) - Hill & Smith said on Tuesday that it has bought Whitlow, a designer and manufacturer of structural steel and substation components for the US electrical infrastructure market, for $30.2m (£23m).

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Europe open: Stocks rise for second day ahead of ECB meeting

10th Sep 2024 09:05

(Sharecast News) - European stocks rose on Tuesday morning, with weakness in London offset by decent gains elsewhere, as the Stoxx 600 continues to rebound after last week's sell-off.

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Tillbrook to step down as Alpha Group CEO, chair Kahn to take over

10th Sep 2024 08:31

(Sharecast News) - Alpha Group International announced on Tuesday that Morgan Tillbrook would step down as chief executive officer and director on 31 December, with Clive Kahn, the company's chairman since 2016, to succeed him as CEO from 1 January 2025.

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London open: Stocks fall as investors mull jobs data; Centamin surges

10th Sep 2024 08:27

(Sharecast News) - London stocks fell in early trade on Tuesday as investors mulled the latest UK jobs data.

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Wickes interim profits drop but trends improving

10th Sep 2024 08:25

(Sharecast News) - Wickes posted a drop in interim profit on Tuesday as revenues fell, but backed its profit expectations for the year as it said trends were improving.

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UK pay growth cools, unemployment rate falls to six-month low

10th Sep 2024 08:11

(Sharecast News) - UK pay growth cooled in the three months to July, while the unemployment rate fell to a six-month low, according to figures released on Tuesday by the Office for National Statistics.

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Renold trades in line YTD, acquires MAC Chain Company

10th Sep 2024 08:03

(Sharecast News) - Industrial chains supplier Renold said on Tuesday trading was in line with internal expectations year-to-date, with revenues falling slightly as a result of adverse foreign exchange movements.

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German inflation dips below 2% for first time since 2021, final estimates confirm

10th Sep 2024 07:51

(Sharecast News) - German inflation was confirmed at 1.9% in August, its lowest level in three and a half years, according to final estimates from Destatis on Tuesday.

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Centamin to be taken over by AngloGold Ashanti in £1.9bn deal

10th Sep 2024 07:51

(Sharecast News) - Gold miner Centamin - which operates the Sukari gold mine in Egypt - said on Tuesday that it had agreed to be taken over by AngloGold Ashanti in a £1.9bn deal.

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London pre-open: Stocks seen lower as investors mull jobs data

10th Sep 2024 07:45

(Sharecast News) - London stocks were set to fall at the open on Tuesday following strong gains at the start of the week, as investors mulled the latest UK jobs data.

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China's trade surplus widens as exports jump, imports slow

10th Sep 2024 07:30

(Sharecast News) - China's trade surplus rose last month as exports surged to their highest in almost two years, while imports barely changed, raising concerns over ongoing weak domestic demand.

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Tuesday newspaper round-up: Water bills, iPhones, council tax, Audi factory

10th Sep 2024 07:29

(Sharecast News) - Rachel Reeves is being urged by a left-of-centre thinktank to announce changes to capital gains tax, inheritance tax and national insurance in next month's budget that would raise more than £20bn a year for the Treasury. With the chancellor looking for ways to plug a £22bn hole that she has identified in the public finances, the Resolution Foundation said it was a time-honoured tradition that taxes were raised in the first budget after an election. - Guardian

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Gamma Communications upbeat after strong first half

10th Sep 2024 07:24

(Sharecast News) - Gamma Communications reported a strong set of first-half results on Tuesday, with revenue growing 10% to £282.5m and gross profit increasing 11% to £145.8m.

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UK grocery inflation dips to 1.7% - Kantar

10th Sep 2024 07:22

(Sharecast News) - UK grocery inflation fell in the four weeks to 1 September, according to data released by Kantar on Tuesday.

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