News Archive

Monday newspaper round-up: Pubs, petrol prices, passive funds

23rd Sep 2024 07:20

(Sharecast News) - Fifty pubs a month closed for good across England and Wales in the first half of this year, with experts warning that tax rises in 2025 could make it even harder for some businesses to keep their doors open. Analysis by the real estate intelligence company Altus found that 305 pubs were forced to shut their doors permanently in the first six months of the year, meaning the number of pubs in England and Wales fell to 39,096 at the end of June. - Guardian

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AstraZeneca breast cancer drug trial fails to improve overall survival

23rd Sep 2024 07:17

(Sharecast News) - AstraZeneca updated the market on two ongoing drug trials on Monday, with a key trial in breast cancer failing to improve survival.

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Alphawave IP swings to loss as first-half sales drop 51%

23rd Sep 2024 07:16

(Sharecast News) - Shares in Alphawave IP dropped by almost a third on Monday after the connectivity solutions group swung to a loss in the first half while revenues halved which it blamed on the timing of specific customer programmes.

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Murdoch's REA takes third tilt at Rightmove with £6.1bn offer

23rd Sep 2024 07:04

(Sharecast News) - Rightmove on Monday said it would respond to a third offer from Rupert Murdoch's REA Group for the UK housing portal valuing it at £6.1bn, "in due course".

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US close: Dow Jones extends post-Fed decision winning streak

22nd Sep 2024 21:26

(Sharecast News) - Wall Street stocks delivered a mixed performance on Friday following the previous session's strong rally.

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Sunday newspaper round-up: Regulated Utilities, Rolls-Royce, Fuel allowance

22nd Sep 2024 21:14

(Sharecast News) - Singapore sovereign wealth fund GIC is among several international investors who have told the government that they will not look at opportunities in the UK regulated utility sector in the wake of crisis around Thames Water. It is understood that one person at the meeting said that the "UK is totally off our radar at the moment" due to regulators having become "too unpredictable". However, GIC was said to remain bullish on other UK investment opportunities notwithstanding their negativity towards UK regulated utilities. - The Sunday Times

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Broker tips: Volution, UK supermarkets

20th Sep 2024 15:15

(Sharecast News) - Berenberg lifted its price target on Volution on Friday to 700.0p from 600.0p after it announced an agreement to buy Fantech Group in Australasia from Elta Group for up to AUD $280.0m (£144.0m).

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London close: Stocks slip after week of global rate decisions

20th Sep 2024 15:09

(Sharecast News) - London's stock markets closed lower on Friday, weighed down by a mix of declining consumer confidence and recent central bank rate decisions.

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FTSE 250 movers: Volution soars on Aussie deal; Dr Martens stumbles on stake sale

20th Sep 2024 14:40

(Sharecast News) - FTSE 250 (MCX) 20,857.54 -1.44%

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FTSE 100 movers: Banks gain; Burberry in the red

20th Sep 2024 14:26

(Sharecast News) - London's FTSE 100 was down 1% at 8,242.74 in afternoon trade on Friday.

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GENinCode enters collaboration with US Family Heart Foundation

20th Sep 2024 14:22

(Sharecast News) - GENinCode announced a collaboration with the Family Heart Foundation, UT Southwestern, and other partners on Friday, to implement its LIPID inCode genetic test for diagnosing familial hypercholesterolemia (FH) in primary and secondary care settings across the United States.

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SDX Energy renegotiating facility agreement with Aleph Finance

20th Sep 2024 14:17

(Sharecast News) - SDX Energy announced on Friday that it is renegotiating the terms of its recently-signed new facility agreement with Aleph Finance.

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US open: Stocks lower following Dow's record close

20th Sep 2024 14:04

(Sharecast News) - Wall Street stocks were in the red early on Friday following yesterday's rally.

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Steppe Cement swings to first-half loss

20th Sep 2024 13:40

(Sharecast News) - Steppe Cement reported a 7% decrease in first-half revenue on Friday, to $34.4m, compared to $36.9m in the same period last year.

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Catenai reports higher revenue, narrower loss in first half

20th Sep 2024 13:34

(Sharecast News) - Catenai, a provider of digital media and technology solutions, reported a significant improvement in its financial performance for the first half on Friday.

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