News Archive

Capital sells entire shareholding in Predictive Discovery

14th Aug 2024 10:28

(Sharecast News) - Mining services company Capital Limited announced the sale of its entire shareholding in Predictive Discovery (PDI) on Wednesday, to Perseus Mining for a total cash consideration of AUD 47.3m (£24.42m).

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UK house prices rise 2.7pc in June

14th Aug 2024 10:11

(Sharecast News) - UK house prices jumped 2.7% in June, according to the Office for National Statistics, unchanged from the prior month's revised estimate.

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Berenberg lowers target price on Synthomer

14th Aug 2024 10:10

(Sharecast News) - Analysts at Berenberg lowered their target price on chemicals company Synthomer from 375.0p to 340.0p on Wednesday after the group's interim earnings "delivered both grounds for hope and reasons for caution".

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Distil exploring funding options, downgrades FY outlook

14th Aug 2024 09:54

(Sharecast News) - Distil downgraded its full-year outlook on Wednesday as it reported a slump in revenues and said it was "exploring funding options".

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Eurozone GDP grows 0.3% in second quarter

14th Aug 2024 09:53

(Sharecast News) - The eurozone economy grew by 0.3% in the second quarter on a seasonally adjusted basis, according to a flash estimate published on Wednesday.

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Asia report: Most markets rise after surprise RBNZ rate cut

14th Aug 2024 09:29

(Sharecast News) - Asia-Pacific markets mostly gained on Wednesday, following key economic developments including a surprise rate cut from the Reserve Bank of New Zealand.

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Aviva H1 profits surge

14th Aug 2024 09:17

(Sharecast News) - Insurance firm Aviva said on Wednesday that profits had surged in the six months ended 30 June on the back of an increase in written premiums throughout the period.

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Europe open: Shares up as UK inflation rise boosts rate cut hopes

14th Aug 2024 08:06

(Sharecast News) - European shares started the day higher as investors digested a rise in UK inflation and the surprise resignation of Japanese Prime Minister Fumio Kishida.

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London open: Stocks gain after UK inflation data; Flutter surges

14th Aug 2024 07:53

(Sharecast News) - London stocks rose in early trade on Wednesday as the latest UK inflation data boosted rate cut expectations.

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Tui Q3 profits beat forecasts on strong demand, collapse of FTI

14th Aug 2024 07:49

(Sharecast News) - Holiday company Tui on Wednesday posted better-than-expected third-quarter earnings on the back of strong summer demand and the collapse of German rival FTI.

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London pre-open: Stocks seen up as investors mull UK CPI

14th Aug 2024 07:36

(Sharecast News) - London stocks were set to rise at the open on Wednesday following a positive session on Wall Street, as investors mulled the latest UK inflation reading.

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Wednesday newspaper round-up: Avon, AstraZeneca, Google

14th Aug 2024 07:26

(Sharecast News) - Anti-sewage campaigners have warned of "extreme anger" if the Labour government does not radically reform the water regulator. Sources at the Environment Agency (EA) and in the Labour party have told the Guardian that while Labour had spent time considering reforms of the EA and Ofwat in order to fix the sewage crisis, some stricter options that had been proposed were now off the table. -Guardian

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Molten Ventures recent exits total £124m, nears FY target

14th Aug 2024 07:21

(Sharecast News) - Venture capital firm Molten Ventures said on Wednesday that recent exits had totalled £124.0m, meaning the group has now almost reached its annual target.

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Inflation rises for first time since December

14th Aug 2024 07:20

(Sharecast News) - Consumer price inflation rose in July for the first time since December, albeit less than expected.

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Hammerson refinances debt on large Dublin shopping centre

14th Aug 2024 07:17

(Sharecast News) - Hammerson, in partnership with PIMCO Prime Real Estate, has successfully secured a €350m non-recourse term loan to refinance the existing debt on Dundrum Town Centre in Dublin.

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