News Archive

London midday: Stocks fall after GDP revision, amid Middle East tensions

30th Sep 2024 10:58

(Sharecast News) - London stocks had fallen into the red by midday on Monday amid growing tensions in the Middle East and as data showed the UK economy grew less than initially thought in the second quarter of the year.

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Europe midday: Shares extend losses as auto sector tumbles on Stellantis warning

30th Sep 2024 10:58

(Sharecast News) - European shares extended morning losses by midday as weak manufacturing survey data in China offset a surge in the Beijing stock market after more attempts to prop up the country's troubles property sector, while increased tensions after Israel's continued bombing of Lebanon also hit sentiment.

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Marlowe reports solid year-to-date performance

30th Sep 2024 10:54

(Sharecast News) - Business-critical regulatory compliance service specialist Marlowe reported a solid performance for the five-month period from 1 April to 30 August in an update on Monday.

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hVIVO gets HSE clearance, launches new lab services

30th Sep 2024 10:19

(Sharecast News) - Specialist contract research organisation hVIVO launched the full suite of services provided by its hLAB division - a highly specialised virology and immunology laboratory supporting preclinical and clinical drug development - on Monday.

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Frasers makes £83m takeover bid for Mulberry, shares jump

30th Sep 2024 10:09

(Sharecast News) - Mike Ashley's Frasers Group said on Monday that it had made an £83m takeover bid for Mulberry, as it criticised the luxury handbag retailer for not informing it of plans to raise £10m.

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Cirata scores contract renewal with HSCS

30th Sep 2024 10:06

(Sharecast News) - Software firm Cirata revealed on Monday that it has secured a contract renewal with the Health Care Service Corporation.

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Asia report: China surges, Japan sinks on wildly mixed day for markets

30th Sep 2024 10:02

(Sharecast News) - Asia-Pacific markets saw a day of mixed performance on Monday, with a dramatic rally in China contrasting with steep declines in Japan and South Korea.

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Anpario acquires US animal health and nutrition products business

30th Sep 2024 10:00

(Sharecast News) - Animal feed additives manufacturer Anpario revealed on Monday that it had acquired US animal health and nutrition products business Bio-Vet.

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UK mortgage approvals jump to two-year high

30th Sep 2024 10:00

(Sharecast News) - Approvals for mortgages in the UK rose to their highest in two years in August, while consumer borrowing increased more than expected, according to data from the Bank of England on Monday.

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Petrofac shares tumble as it reports challenging first half

30th Sep 2024 09:54

(Sharecast News) - Petrofac reported a challenging first half on Monday, with revenue reaching $1.24bn, a slight increase from $1.23bn in the same period in 2023, as it recorded a first-half EBIT loss of $106m, widening from a $72m loss a year earlier.

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Intercede secures multiple contract wins, renewals

30th Sep 2024 09:48

(Sharecast News) - Cybersecurity software company Intercede announced on Monday that it had secured further contract orders and renewals worth a total of more than $1.9m.

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Stellantis shares tumble on profit warning

30th Sep 2024 09:09

(Sharecast News) - Shares in Stellantis tumbled in Milan on Monday after the Chrysler, Peugeot and Jeep maker became the latest auto manufacturer to scale back vehicle delivery forecasts this year.

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Entain taps Stella David for chair

30th Sep 2024 09:05

(Sharecast News) - Bookmaker Entain revealed on Monday that Stella David will take over from Barry Gibson as chair, effective immediately.

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Shop prices continue moving into deflation in September

30th Sep 2024 08:48

(Sharecast News) - Shop prices continued to move into deflation in September, with a year-on-year decline of 0.6%, according to the British Retail Consortium-NielsenIQ Shop Price Index on Tuesday.

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Short-seller ShadowFall takes bet against 3i Group

30th Sep 2024 08:29

(Sharecast News) - 3i Group fell on Monday following a report that short-seller ShadowFall Capital and Research has taken out a multimillion-pound short position against the investment trust, saying that its largest holding, Action, was overvalued.

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