News Archive
UK manufacturing sector grows at fastest pace in more than two years
2nd Sep 2024 07:14
(Sharecast News) - UK manufacturing activity grew at its fastest pace in more than two years in August, according to a survey released on Monday.
Read moreNews Corp's REA Group considering takeover offer for Rightmove
2nd Sep 2024 07:12
(Sharecast News) - Australian real estate advertising company REA Group has confirmed speculation that it is considering a possible cash and share offer for UK property platform Rightmove.
Read moreKainos sees revenue below forecasts as clients delay decisions
2nd Sep 2024 07:07
(Sharecast News) - IT provider Kainos said it expected full-year revenues to be below market forecasts due to the tougher trading environment in services as clients delayed decisions on projects, but adjusted pre-tax profit would be in line with consensus estimates.
Read moreSunday 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.
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