News Archive

GCP Infra pays down debt in third quarter

13th Nov 2024 11:14

(Sharecast News) - GCP Infrastructure Investments released its latest quarterly investor update on Wednesday, reporting a net asset value of 105.22p per share as at 30 September, with the diversified portfolio valued at about £1bn, comprising 50 investments that included partial inflation protection.

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Siemens Energy ups mid-term targets after stellar results, shares soar

13th Nov 2024 10:53

(Sharecast News) - Shares in German energy giant Siemens Energy surged by almost a fifth on Wednesday after the company upped its medium-term financial forecasts after hitting all of its annual goals for the current year.

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Europe midday: Shares extend losses as investors turn to US CPI

13th Nov 2024 10:51

(Sharecast News) - European shares extended losses at midday on Wednesday after a weak session in Asia as investors worried about the possible imposition of tariffs by the new US administration, while eyes were also on inflation data from across the pond.

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US pre-open: Futures trade lower ahead of CPI reading

13th Nov 2024 10:45

(Sharecast News) - Wall Street futures were in the red ahead of the bell on Wednesday as market participants awaited fresh inflation data.

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Henry Boot sells industrial development site at Pickford Gate

13th Nov 2024 10:43

(Sharecast News) - Property developer Henry Boot has completed the sale of an industrial and logistics development site in Coventry to Royal London Asset Management Property for an undisclosed sum.

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Boku inks new agreement with Amazon Japan

13th Nov 2024 10:43

(Sharecast News) - Mobile payments firm Boku revealed on Wednesday that it has struck a new commercial agreement to supply digital wallet and other local payment methods to Amazon Japan.

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London midday: FTSE dips into the red ahead of US CPI

13th Nov 2024 10:39

(Sharecast News) - London stocks had dipped into the red by midday on Wednesday as investors eyed the latest US inflation reading.

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Biome Technologies warns on revenues

13th Nov 2024 10:34

(Sharecast News) - Bioplastics and radiofrequency technology business Biome Technologies warned on Wednesday that full-year revenues now looked set to be lower than originally expected.

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Cordel secures two new contract wins

13th Nov 2024 10:04

(Sharecast News) - Artificial intelligence platform operator Cordel Group said on Wednesday that it has secured two new contract wins.

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Post Office to offload more than 100 branches

13th Nov 2024 10:02

(Sharecast News) - More than 100 Post Office branches are facing closure, it was announced on Wednesday, as the state-owned business announced plans to overhaul itself in the wake of the Horizon IT scandal.

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The Range nearing deal to snap up chunk of Homebase - report

13th Nov 2024 09:56

(Sharecast News) - The Range is reportedly closing in on a deal to snap up a large chunk of Homebase which will save close to 1,500 jobs but raise doubts about at least 1,700 more.

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Craneware sees 'positive momentum' carry over into FY25

13th Nov 2024 09:39

(Sharecast News) - Software firm Craneware confirmed on Wednesday that the "positive momentum" seen in FY24 has continued into the current year, with prior investments supporting continued revenue and underlying earnings growth.

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UK grocery sales growth eases with shoppers cautious ahead of Christmas

13th Nov 2024 09:12

(Sharecast News) - Grocery sales growth slowed slightly over the month of October as shoppers held back spend ahead of Black Friday and Christmas, according to data from consumer intelligence firm NIQ on Wednesday.

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Asia report: Regional stocks follow Wall Street lower

13th Nov 2024 09:06

(Sharecast News) - Asia-Pacific markets largely declined on Wednesday, mirroring Wall Street's post-election rally, which lost momentum overnight.

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GlobalData snaps up labour market specialist LinkUp

13th Nov 2024 08:34

(Sharecast News) - AIM-listed analytics specialist GlobalData said trading remained on track on Wednesday, as it detailed its latest acquisition.

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