News Archive
Apax Global Alpha fund offloads remaining Genius Sports stake
11th Jul 2024 10:56
(Sharecast News) - Apax Global Alpha announced on Thursday that the Apax IX Fund, in which it is a limited partner, has sold its remaining shares in Genius Sports, a provider of sports data, content, and technology.
Read moreApple and Brussels settle antitrust dispute over 'tap and go'
11th Jul 2024 10:36
(Sharecast News) - The European Commission has approved Apple's plans to open up its contactless payments system to rivals, it was announced on Thursday, drawing a line under a long-running antitrust probe.
Read moreAsia report: Markets join global rally as BoK holds rates
11th Jul 2024 10:23
(Sharecast News) - Asia-Pacific markets experienced a strong rally on Thursday, driven by optimism over potential Federal Reserve rate cuts and the positive performance of US big tech stocks overnight.
Read moreUS pre-open: Futures dip before inflation data
11th Jul 2024 10:21
(Sharecast News) - US stock futures were pointing to a negative start on Wall Street on Thursday ahead of the release of June's consumer price index, which is expected to show a slight slowdown in inflation.
Read morePennon upbeat on Ofwat determinations, announces CFO change
11th Jul 2024 10:11
(Sharecast News) - Pennon Group shares were in the green on Thursday morning, as the company responded to the draft determinations from Ofwat for the K8 period, covering 2025 to 2030.
Read moreGalliford Try FY profits and revenue to beat analysts' expectations
11th Jul 2024 09:36
(Sharecast News) - Construction group Galliford Try said on Thursday that full-year revenue and profit were set to be above the upper end of current analyst forecasts as "strong momentum" reported at the first half continued into the second.
Read moreVidendum sees slow recovery following Hollywood strikes
11th Jul 2024 09:21
(Sharecast News) - Microphone, camera and video equipment makers Videndum said revenues were in line with expectations in the first half, though a recovery was taking longer than expected following the Hollywood actors' and writers' strikes that have affected trading over the past year.
Read moreMJ Gleeson flags mixed year for homes, land divisions
11th Jul 2024 09:15
(Sharecast News) - MJ Gleeson said in a trading update on Thursday that its full-year results were set to align closely with market expectations.
Read moreDCC divests majority stake in liquid gas business
11th Jul 2024 09:13
(Sharecast News) - Sales firm DCC has divested its majority stake in liquid gas business Hong Kong & Macau to Asian industrial group CITADEL Pacific.
Read moreFCA unveils biggest overhaul of listing rules in three decades
11th Jul 2024 09:00
(Sharecast News) - The financial regulator has shaken up UK listing rules, it was confirmed on Thursday, as it looks to encourage more companies to join the London Stock Exchange.
Read moreUS inflation drops to 12-month low in June
11th Jul 2024 08:52
(Sharecast News) - US inflation dropped to its lowest level in a year in June, tying the smallest rate of price growth since early 2021, according to figures released on Thursday from the Department of Labor Statistics.
Read moreAsia close: Stocks rise, Chinese third plenum and geopolitics in focus
11th Jul 2024 08:48
(Sharecast News) - Shares were higher across most of the Asia-Pacific region, albeit sometimes with a helping hand from authorities.
Read moreMoonpig slumps as investors offload 35m shares in placing
11th Jul 2024 08:35
(Sharecast News) - Moonpig slumped on Thursday after a group of investors sold 35m shares in the company in a placing via Citi, JPMorgan and Jefferies, raising proceeds of approximately £61m.
Read moreBerenberg initiates coverage on Idox at 'buy'
11th Jul 2024 08:32
(Sharecast News) - Analysts at Berenberg initiated coverage on software specialist Idox with a 'buy' rating and 81.0p target price on Thursday, citing an attractive geo-spatial opportunity.
Read moreEurope open: Shares up ahead of US inflation print; UK GDP on the rise
11th Jul 2024 08:19
(Sharecast News) - European shares opened higher on Thursday ahead of a key US inflation report and news that the UK economy grew more than expected in May.
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