News Archive
Sunday newspaper round-up: Abercrombie & Kent, Bunzl, John Lewis
1st Sep 2024 12:14
(Sharecast News) - Abercrombie & Kent, based in Cheltenham, has started talks with bankers regarding an initial public offering in 18 to 24 months' time. The luxury travel agency's boss, Cristina Levis, thinks the flotation will help the outfit become the LVMH of luxury experiential travel. The company, however, is looking at pursuing a possible listing in New York instead of London. Luxury travel has continued to increase since the pandemic with dramatic growth in demand for destinations such as the Nordics or Japan. In 2022, the company racked up sales of $528m (£402m). - The Sunday Telegraph
Read moreUS close: Stocks higher following July PCE numbers
30th Aug 2024 22:06
(Sharecast News) - Wall Street stocks closed higher on Friday as investors digested a key inflation reading.
Read moreEurope close: Stocks end mixed, investors eye German elections
30th Aug 2024 18:54
(Sharecast News) - European shares finished on a mixed note even after eurozone inflation fell sharply in August, boosting hopes that the European Central Bank would cut rates next month.
Read moreDirector dealings: Sabre Insurance director raises stake
30th Aug 2024 16:12
(Sharecast News) - Sabre Insurance revealed on Friday that non-executive director Bryan Joseph had acquired 32,796 ordinary shares in the London-listed motor insurer.
Read moreBroker tips: Grafton, Life Sciences REIT
30th Aug 2024 15:59
(Sharecast News) - Analysts at Berenberg hiked their target price on building materials company Grafton from 1,100.0p to 1,200.0p on Friday, citing an "attractive opportunity".
Read moreUS consumer sentiment little changed in August, University of Michigan says
30th Aug 2024 15:26
(Sharecast News) - Consumer confidence in the States was virtually unchanged in August, as Americans continued to try and anticipate the winner of the next presidential elections.
Read moreLondon close: Stocks mixed as investors digest US inflation reading
30th Aug 2024 15:05
(Sharecast News) - London markets ended Friday with mixed results as investors assessed a series of economic data from the UK and the US.
Read moreFTSE 250 movers: RS Group gains on JPM 'positive watch'
30th Aug 2024 14:31
(Sharecast News) - FTSE 250 (MCX) 21,150.78 0.57%
Read moreUS open: Stocks higher as traders digest July PCE reading
30th Aug 2024 14:25
(Sharecast News) - Wall Street stocks were in the green early on Friday as investors digested a key inflation reading.
Read moreFTSE 100 movers: Property stocks gain; Burberry in the red
30th Aug 2024 14:22
(Sharecast News) - London's FTSE 100 was up 0.1% at 8,384.47 in afternoon trade on Friday.
Read morePrimorus Investments invests in Pri0r1ty AI
30th Aug 2024 12:50
(Sharecast News) - Primorus Investments announced a new strategic investment on Friday, subscribing for 18,100,000 ordinary shares in Pri0r1ty AI for £0.3m.
Read moreECR Minerals mulls expansion into US helium market
30th Aug 2024 12:45
(Sharecast News) - ECR Minerals, an exploration and development company traditionally focused on gold in Australia, announced on Friday that its board was exploring potential investments in producing helium assets in the United States.
Read moreZenova reports solid momentum as interim loss narrows
30th Aug 2024 12:40
(Sharecast News) - Fire safety and heat management technology specialist Zenova Group reported significant first-half strides in its interim results on Friday, despite a challenging financial backdrop.
Read moreJefferies lowers target price on Life Science REIT
30th Aug 2024 12:27
(Sharecast News) - Jefferies cut its price target on real estate investment trust Life Sciences REIT from 45.0p to 36.0p following a visit to the group's Cambourne Science & Technology Park.
Read moreBeowulf reports substantial first-half progress
30th Aug 2024 12:27
(Sharecast News) - Mineral explorer and developer Beowulf Mining reported substantial progress across its portfolio in its interim results on Friday, particularly in advancing its key projects at Gállok in Sweden and the Graphite Anode Materials Plant (GAMP) in Finland.
Read more