News Archive

MJ Gleeson sees FY in line despite 'lack of conviction' in market

15th Nov 2024 07:55

(Sharecast News) - Housebuilder MJ Gleeson said on Friday that it remains on track for full-year results in line with market expectations despite a "lack of conviction" in the market, which continued through the Autumn.

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Victoria expects demand to pick up in second half

15th Nov 2024 07:46

(Sharecast News) - Flooring manufacturer Victoria said it expects full-year results to be in line with market forecasts, predicting a pick-up in momentum in the second half.

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London pre-open: Stocks seen lower on weak US cues; GDP in focus

15th Nov 2024 07:35

(Sharecast News) - London stocks were set to fall at the open on Friday following a downbeat session on Wall Street, as investors mulled the latest UK GDP data.

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Chinese retail sales beat forecasts

15th Nov 2024 07:26

(Sharecast News) - Retail sales jumped in China last month, official data showed on Friday, in contrast to the ongoing gloom surrounding the under-pressure property sector.

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Friday newspaper round-up: London Capital & Finance, airlines, Resolute Mining

15th Nov 2024 07:24

(Sharecast News) - Investment firm London Capital & Finance (LCF), whose failure in 2019 triggered one of Britain's biggest retail investment scandals, operated as a Ponzi scheme, a London judge ruled on Thursday. The high court said former chief executive Michael Thomson and four others had knowingly participated in the fraud, misled investors and misappropriated assets in a ruling welcomed by LCF's joint administrators, which brought the case. - Guardian

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Volex makes two rejected bids for TT Electronics

15th Nov 2024 07:21

(Sharecast News) - Volex announced on Friday that it has submitted two proposals to acquire the London-listed TT Electronics in a cash-and-shares deal, valuing it at around £249m.

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Evotec surges on Halozyme takeover interest

15th Nov 2024 07:20

(Sharecast News) - Evotec surged on Friday after Halozyme Therapeutics confirmed it had submitted a non-binding proposal to buy the German biotech for €11.00 per share in cash, or about €2bn.

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Land Securities swings to profit on growing demand; Lifts EPS guidance

15th Nov 2024 07:15

(Sharecast News) - Land Securities returned to profit and lifted guidance in the six months to September as the property market continued to recover, underpinned by growing rental demand and occupancy.

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UK economic growth stalls in third quarter

15th Nov 2024 07:01

(Sharecast News) - The UK economy grew by 0.1% in the last quarter, official data showed on Friday, slightly below expectations.

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Plexus wins $1m order from Middle East gas project

14th Nov 2024 16:09

(Sharecast News) - Wellhead engineering specialist Plexus Holdings announced a new order on Thursday, to supply its 'Exact' exploration wellhead equipment on a rental basis for an offshore gas exploration project in the Middle East.

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Europe close: Bargain-hunting helps markets rebound from three-month low

14th Nov 2024 16:07

(Sharecast News) - European stocks jumped more than 1% on Thursday as a wave of corporate updates impressed the market, helping the Stoxx 600 to rebound from a three-month low.

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Lexington Gold enters collaboration with Gold One Africa

14th Nov 2024 16:06

(Sharecast News) - Lexington Gold announced an agreement with Gold One Africa on Thursday, to explore potential cooperation on gold exploration and development projects in South Africa.

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Petro Matad shares slide on eastern Mongolia update

14th Nov 2024 15:55

(Sharecast News) - Shares in Petro Matad were sliding on Thursday, after the company updated the market on operations on its Heron-1 production and Heron-2 well testing in eastern Mongolia's Block XX.

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London close: Stocks rise as dip buyers enter the fray

14th Nov 2024 15:50

(Sharecast News) - London markets ended Thursday in positive territory, with sentiment buoyed by robust corporate updates, as investors digested the latest producer price data out of the United States.

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Director dealings: Hollywood Bowl chairman ups stake

14th Nov 2024 15:43

(Sharecast News) - Hollywood Bowl revealed on Thursday that chairman Peter Boddy had acquired 100,000 ordinary shares in the London-listed bowling centres operator.

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