News Archive
GlobalData launches new £20m share buyback programme
23rd Sep 2024 11:41
(Sharecast News) - GlobalData announced the approval of a new £20m share buyback programme on Monday, supplementing the previously-completed £10m initiative announced on 31 July.
Read moreElixirr International reports record first-half revenue
23rd Sep 2024 11:38
(Sharecast News) - Consulting firm Elixirr International reported record first-half revenue of £53m on Monday, marking a 28% increase compared to £41.6m in the same period last year.
Read moreLondon midday: Stocks slip into the red as investors react to weak PMIs
23rd Sep 2024 11:35
(Sharecast News) - After a brief stint in positive territory, UK stocks had slipped into the red by Monday lunchtime as a raft of economic data from across Europe dampened market sentiment.
Read moreGamma finalises acquisition of Placetel from Cisco
23rd Sep 2024 11:31
(Sharecast News) - Gamma Communications, a provider of technology-based communication services across Europe, finalised its acquisition of BroadSoft Germany, trading as Placetel, from Cisco on Monday.
Read moreEurope midday: Stoxx holds gains despite growth worries after PMI prints
23rd Sep 2024 11:27
(Sharecast News) - European stock markets were up at midday as investors digested eurozone survey results, while Commerzbank shares were in focus after the German government decided to keep its stake in the lender.
Read morePorvair appoints new chief executive, trades as expected
23rd Sep 2024 11:21
(Sharecast News) - Specialised porous materials provider Porvair announced the appointment of Hooman Caman Javvi as its new chief executive officer and a director on Monday.
Read moreOxford Biomedica reports first-half revenue growth
23rd Sep 2024 11:16
(Sharecast News) - Oxford Biomedica, a prominent gene and cell therapy company, reported significant revenue growth alongside strategic advancements in its interim results on Monday.
Read moreUS pre-open: Futures trade higher following Dow's record close
23rd Sep 2024 11:10
(Sharecast News) - Wall Street futures were trading higher ahead of the bell on Monday as the Dow Jones Industrial Average looks set to build on its record close.
Read moreThames Water to receive £1bn lifeline
23rd Sep 2024 10:27
(Sharecast News) - Britain's largest water provider Thames Water will receive a much-needed £1.0bn lifeline by creditors before the end of the year, according to the Times.
Read moreAsia report: Markets mixed as China trims 14-day repo rate
23rd Sep 2024 10:00
(Sharecast News) - Asia-Pacific markets finished in a mixed state on Monday as investors navigated the implications of the US Federal Reserve's recent outsized rate cut, with policy decisions from regional central banks, including Japan and Australia, also in focus this week.
Read morePBoC injects CNY 235bn into economy, lowers 14-day repo rate
23rd Sep 2024 09:55
(Sharecast News) - The People's Bank of China injected around CNY 234.6bn (£25.05bn) into the banking system on Monday - the first such infusion in months - as it lowered the 14-day reverse repurchase rate.
Read moreUK PMIs miss expectations as growth momentum eases
23rd Sep 2024 09:53
(Sharecast News) - Private business activity in the UK grew less than expected in September with growth in tailing off slightly across the board, according to a purchasing managers' index (PMI) survey out on Monday by S&P Global.
Read moreCanaccord Genuity stays at 'speculative buy' on Spirent Communications
23rd Sep 2024 09:45
(Sharecast News) - Analysts at Canaccord Genuity took a fresh look at telecommunications testing company Spirent Communications on Monday following a Reuters report that revealed Viavi "could make another bid" for the company should Keysight's recommended 199.0p per share offer fail due to regulatory concerns.
Read moreOxford Metrics warns adjusted profits will be 'materially below' expectations
23rd Sep 2024 09:43
(Sharecast News) - Software firm Oxford Metrics warned on Monday that full-year adjusted pre-tax profits were now expected to be "materially below" current market expectations as customers exercised greater caution.
Read moreGerman government to retain stake in Commerzbank
23rd Sep 2024 09:29
(Sharecast News) - Shares in Commerzbank AG traded lower early on Monday after the German government announced that it would hold on to its 12% stake in the European banking giant, likely halting its proposed merger with Italian lender UniCredit.
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