News Archive

Alpha Group confident after first half growth

4th Sep 2024 10:14

(Sharecast News) - Alpha Group International reported a strong first-half financial performance on Wednesday, with revenue growth across its divisions and a solid profit increase, despite challenging market conditions.

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FRP Advisory acquires Newcastle-based corporate finance business

4th Sep 2024 09:56

(Sharecast News) - Business advisory firm FRP Advisory Group said on Wednesday that it has acquired Newcastle-based corporate finance services outfit Williams Ali Corporate Finance for an undisclosed sum.

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Chapel Down slumps as CEO departs, profits slide

4th Sep 2024 09:47

(Sharecast News) - Chapel Down tumbled on Wednesday as it announced the departure of its chief executive and reported a drop in first-half profits and revenue.

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Accsys reports Q1 revenue growth amid 'good demand'

4th Sep 2024 09:31

(Sharecast News) - Wood building materials supplier Accsys Technologies said on Wednesday that it had experienced "good demand and revenue growth" in the first quarter as it commenced commercial operations in the USA.

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Berenberg lowers target price on Dalata Hotels Group

4th Sep 2024 09:17

(Sharecast News) - Analysts at Berenberg lowered their target price on hotels operator Dalata Hotel Group from 510.0p to 480.0p on Wendesday but applauded the group's "resilient H1 performance".

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Henry Boot subsidiary receives planning permission for 290 homes

4th Sep 2024 09:15

(Sharecast News) - Property development business Henry Boot said on Wednesday that its land promotion and planning business, Hallam Land, has secured planning permission on appeal for 290 homes in Sittingbourne, Kent.

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CAB Payments H1 profits slump as FX headwinds persist

4th Sep 2024 09:06

(Sharecast News) - Financial technology group CAB Payments said on Wednesday that interim profits had slumped as FX headwinds continued to weigh on earnings.

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Starwood Capital to buy Balanced Commercial Property in £673m deal

4th Sep 2024 09:05

(Sharecast News) - Balanced Commercial Property Trust has agreed to be bought by private investment firm Starwood Capital for £673.5m.

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Indivior CUD study fails to meet primary and secondary endpoints

4th Sep 2024 08:53

(Sharecast News) - Drugmaker Indivior said on Wednesday that the primary and secondary endpoints of Aelis Farma's clinical Phase 2B study of AEF0117 use in participants with cannabis use disorder had not been met.

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CLS inks expanded leasing deal at Hamburg property

4th Sep 2024 08:50

(Sharecast News) - CLS Holdings announced a significant leasing agreement at its Fangdieckstrasse 75 property in Hamburg on Wednesday, securing over 8,900 square metres of office and laboratory space.

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Coats completes pension scheme de-risking

4th Sep 2024 08:38

(Sharecast News) - Industrial thread maker Coats Group said it had completed de-risking its UK defined benefit pension scheme by purchasing a £1.3bn bulk annuity policy.

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Europe open: Shares slump as recession fears return

4th Sep 2024 08:19

(Sharecast News) - European shares fell sharply at the open as worries about growth in the US and China dampened sentiment after weak data prints overnight.

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London open: Stocks slide after heavy Wall St losses

4th Sep 2024 08:17

(Sharecast News) - London stocks slid in early trade on Wednesday, taking their cue from a heavy selloff on Wall Street on the back of poor manufacturing data, with sharp falls for Nvidia also weighing on sentiment.

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M&G reports H1 net outflows of £1.5bn

4th Sep 2024 08:02

(Sharecast News) - Investment manager M&G reported net outflows of £1.5bn for the six months ended 30 June, excluding its Heritage division, a marked difference compared to net inflows of £700.0m at the same time a year earlier.

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Direct Line misses profit expectations despite price hikes

4th Sep 2024 07:45

(Sharecast News) - UK home and car insurer Direct Line returned to profit but missed earnings expectations for the half-year as sharp price hikes saw customers shop for better deals.

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