News Archive

Kingswood CEO resigns with immediate effect

5th Jul 2024 07:32

(Sharecast News) - Kingswood has announced the immediate exit of chief executive David Lawrence from the AIM-listed wealth and investment management firm.

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German industrial production unexpectedly drops

5th Jul 2024 07:16

(Sharecast News) - Industrial production in Germany unexpectedly declined in May, registering its worst contraction in two and a half years, according to data by the Federal Statistical Office.

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London pre-open: Stocks seen up as Brits wake up to Labour victory

5th Jul 2024 07:10

(Sharecast News) - London stocks were set to rise at the open on Friday as Brits woke up to the first Labour government in 14 years.

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Shell updates market on second-quarter outlook

5th Jul 2024 07:03

(Sharecast News) - Oil and gas giant Shell is bracing for a financial impact of up to $2bn (£1.6bn), it revealed on Friday, following its decision to halt construction on a major biofuels plant and sell a refinery in Singapore.

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House prices hold steady in June - Halifax

5th Jul 2024 07:02

(Sharecast News) - House prices remained largely unchanged in June, industry data showed on Friday, reflecting a subdued market.

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Friday newspaper round-up: Co-op ad, British Gas, Tata Steel

5th Jul 2024 06:56

(Sharecast News) - Publicans have called on the Co-op to pull a "disgraceful" TV advert that urges the supermarket's customers to watch the Euro 2024 football tournament at home rather than going to the pub. The Co-op Food ad says it is hard to see the TV screen in the pub and suggests customers instead "stay in" and take advantage of a beer and pizza deal the supermarket is promoting. - Guardian

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UK election: Exit poll predicts Labour landslide; Reform tipped to win 13 seats

4th Jul 2024 21:56

(Sharecast News) - Britain's Labour Party, led by Keir Starmer, swept to power after the ruling Conservative Party was booted from office in a humiliating defeat - the worst in its history.

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Friday preview: UK elections, US non-farm payrolls in focus

4th Jul 2024 16:34

(Sharecast News) - Investors' focus at the end of the week would be on the results of the UK elections.

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Europe close: Stocks finish higher after quiet session

4th Jul 2024 16:21

(Sharecast News) - European stocks advanced on what was a relatively quiet Thursday in the absence of a trading session in the US and only a few economic data releases.

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Broker tips: Card Factory, Forterra, Ibstock, Coca-Cola HBC

4th Jul 2024 16:04

(Sharecast News) - Berenberg initiated coverage of Card Factory on Thursday with a 'buy' rating and 154.0p price target as it argued it was a "vastly improved proposition".

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NewRiver REIT snaps up smaller peer Ellandi Management

4th Jul 2024 15:44

(Sharecast News) - NewRiver REIT, the retail-focused real estate investor, has announced it is spending up to £9m to acquire the assets of Ellandi Management, which manages shopping centres and regeneration projects.

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London close: Stocks rise as UK election enters final hours

4th Jul 2024 15:41

(Sharecast News) - London stocks remained in the green by the close on Thursday, buoyed by optimistic market sentiment as UK voters headed to the polls amid widespread expectation of a Labour party victory.

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Katoro Gold taps Patrick Cullen as interim CEO

4th Jul 2024 15:35

(Sharecast News) - Katoro Gold announced the appointment of Patrick Cullen as its interim chief executive officer on Thursday, following the completion of due diligence.

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Aura Energy makes progress at Tiris Project

4th Jul 2024 15:26

(Sharecast News) - Aura Energy updated the market on development activities at the Tiris Uranium Project in Mauritania, West Africa on Thursday.

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FTSE 250 movers: Ibstock lifted by RBC; Big Yellow & Workspace go ex-div

4th Jul 2024 15:21

(Sharecast News) - FTSE 250 (MCX) 20,578.84 0.24%

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