News Archive
Ferrexpo delivers best H1 production since Russia's invasion of Ukraine
8th Jul 2024 09:25
(Sharecast News) - Mining company Ferrexpo said on Monday that production levels had surged in the six months ended 30 June and led to its best performance since Russia's full-scale invasion of Ukraine in February 2022.
Read moreDelivery Hero facing potential €400m antitrust fine, shares tumble
8th Jul 2024 09:22
(Sharecast News) - Delivery Hero tumbled on Monday after saying it might face a fine of more than €400m for alleged anti-competitive behaviour.
Read moreCiti predicts strong earnings growth at Shaftesbury Capital
8th Jul 2024 08:52
(Sharecast News) - Citi has reiterated its 'buy' rating on London-focused property investor and developer Shaftesbury Capital ahead of its interim results in a few weeks, predicting that profits will nearly double over the medium term.
Read moreSeeing Machines buys Asaphus Vision, partners with Valeo
8th Jul 2024 08:40
(Sharecast News) - Driver monitoring technology specialist Seeing Machines announced a collaboration with global automotive supplier Valeo on Monday, complemented by the acquisition of Asaphus Vision, a Berlin-based development group with strong expertise in machine learning (ML) and artificial intelligence (AI).
Read moreEurope open: Stoxx up as investors eye French political stalemate
8th Jul 2024 08:27
(Sharecast News) - European shares opened higher on Monday as investors digested the political stalemate in France after the second round of national elections that saw a shock first-place result for the left-wing alliance, but with no single group able to achieve an absolute parliamentary majority.
Read moreLondon open: Stocks fall as France faces hung parliament
8th Jul 2024 08:25
(Sharecast News) - London stocks fell in early trade on Monday as investors mulled the prospect of political instability in France after the second round of the election over the weekend resulted in a hung parliament.
Read moreBoeing to plead guilty to criminal fraud over 737 Max crashes in deal with DoJ
8th Jul 2024 08:21
(Sharecast News) - Troubled aircraft maker Boeing on Sunday pleaded guilty to a felony charge of conspiring to defraud the US government over two fatal crashes of its 737 Max in 2018 and 2019, according to a late-night court filing.
Read moreMacfarlane buys foam packaging firm Polyformes for £11.5m
8th Jul 2024 08:11
(Sharecast News) - Scottish packaging firm Macfarlane Group announced on Monday it is spending £11.5m to buy foam specialist Polyformes.
Read morePlus500 backs FY expectations after 'strong' first half
8th Jul 2024 08:10
(Sharecast News) - Plus500 backed its full-year expectations on Monday after a "strong" first-half performance despite "difficult" market conditions.
Read moreBerenberg raises target price on LBG Media
8th Jul 2024 08:09
(Sharecast News) - Analysts at Berenberg hiked their target price on digital media publisher LBG Media from 120.0p to 140.0p on Monday, citing positive tailwinds.
Read moreHG Capital Trust offloads stake in TeamSystem
8th Jul 2024 07:52
(Sharecast News) - HgCapital Trust said it had agreed the sale of its remaining investment in business software company TeamSystem, to funds advised by Hellman & Friedman for an undisclosed sum
Read moreBurberry reportedly cutting "hundreds" of jobs
8th Jul 2024 07:51
(Sharecast News) - British high-end fashion group Burberry is expected to announce "hundreds" of job cuts in the UK as part of a cost-cutting programme following a massive drop in its share price since the start of the year.
Read moreGerman trade surplus widens as imports drop sharply
8th Jul 2024 07:37
(Sharecast News) - Germany's trade surplus widened to its highest level in four months in May as imports dropped significantly, according to data out on Monday from the Federal Statistical Office.
Read moreLondon pre-open: Stocks seen flat as investors mull French election news
8th Jul 2024 07:34
(Sharecast News) - London stocks were seen little changed at the open on Monday as investors turned their attention to France, where the election resulted in a hung parliament.
Read moreUnite Group confident amid strong student demand
8th Jul 2024 07:25
(Sharecast News) - Student accommodation provider Unite Group issued a promising update on current trading and property valuations on Monday, as it anticipated nearly full occupancy and significant rental growth for the upcoming academic year.
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