News Archive
London pre-open: Stocks seen up as investors mull Nationwide data, French election news
1st Jul 2024 07:35
(Sharecast News) - London stocks were set to rise at the open on Monday as investors mulled the latest French election results and looked ahead to the UK election this week.
Read moreAscential says Hudson sale ongoing with 'multiple parties'
1st Jul 2024 07:32
(Sharecast News) - B2B events and media group Ascential has said that the sale of its loss-making Hudson division is still ongoing despite earlier expectations that it would be wrapped up in the second quarter.
Read moreBoeing to buy Spirit Aerosystems in $4.7bn deal
1st Jul 2024 07:22
(Sharecast News) - Boeing said on Monday that it has agreed to buy Spirit AeroSystems in a $4.7bn all-share deal.
Read moreAstraZeneca endometrial cancer treatment recommended for EU approval
1st Jul 2024 07:17
(Sharecast News) - AstraZeneca announced on Monday that 'Imfinzi', or durvalumab, and 'Lynparza', or olaparib, have received a recommendation for approval in the European Union (EU) as treatments for primary advanced or recurrent endometrial cancer in patients with specific genetic profiles.
Read moreChina factory activity grows at fastest pace since 2021 - Caixin
1st Jul 2024 07:15
(Sharecast News) - Chinese manufacturing activity grew at its fastest pace as production gains offset slowing demand, according to the private sector Caixin survey published on Monday.
Read moreAnglo American to suspend Grosvenor mine for 'months' after underground fire
1st Jul 2024 07:13
(Sharecast News) - Mining giant Anglo American was forced to suspend production at its Grosvenor steelmaking coal mine in Queensland after an underground fire at the weekend.
Read morePorvair H1 profits slightly lower, headline revenues rise
1st Jul 2024 07:04
(Sharecast News) - Environmental technology business Porvair said on Monday that profits had moved slightly lower in the six months ended 31 May despite seeing a modest uptick in headline revenue throughout the period.
Read moreJohnson Matthey CFO to join Croda
1st Jul 2024 07:03
(Sharecast News) - Croda International on Monday said it had appointed Johnson Matthey chief financial officer Stephen Oxley to the same role at the chemicals company.
Read moreJPMorgan puts Trustpilot on 'positive catalyst watch', shares rally
1st Jul 2024 07:02
(Sharecast News) - JPMorgan Cazenove placed Trustpilot shares on 'positive catalyst watch' on Monday ahead of the first-half trading update on 11 July, saying it expects another period of adjusted EBITDA ahead of expectations.
Read moreMonday newspaper round-up: Investment bankers, energy price cap, Raspberry Pi
1st Jul 2024 07:01
(Sharecast News) - London's investment bankers are expected to rake in bigger bonuses this financial year, as the City begins to recover from a two-year slump in deals caused by surging interest rates. Demand for investment banking services - such as facilitating mergers and acquisitions, advising companies and governments on fundraising, and underwriting new stock and bonds - was hit by a sharp increase in borrowing rates after the pandemic, as central banks acted to tame runaway inflation. Jobs and pay were cut as investment banks sought to reduce costs. - Guardian
Read moreSunday share tips: Eco Animal Health, Intertek
30th Jun 2024 11:40
(Sharecast News) - The Financial Mail on Sunday's Midas column tipped shares of Eco Animal Health to its readers, touting the company's animal drug pipeline.
Read moreSunday newspaper round-up: Britvic, Prices of UK homes, BT Group
30th Jun 2024 10:54
(Sharecast News) - Aviva, one of the ten largest shareholders in Britvic, thinks that Carlsberg needs to raise its takeover offer. During the preceding week, Britvic had let it be known that it had already rebuffed two acquisition offers from the Danish brewer, the highest of which had been for £3.1bn. In particular, Aviva said that Carlsberg was not taking sufficiently into account how Britvic's finances were expected to improve over the next few years. - The Financial Mail on Sunday
Read moreLondon close: Stocks fall as US inflation pressures ease
28th Jun 2024 17:23
(Sharecast News) - London's stock markets closed lower on Friday, influenced by new economic data from the United States indicating a slowdown in consumer spending, despite a reduction in inflationary pressures.
Read moreEurope close: Investors play it safe ahead of French vote
28th Jun 2024 16:30
(Sharecast News) - European shares were mostly lower on Friday as investors played it safe ahead of the first round of the French legislative elections on Sunday.
Read moreBroker tips: WPP, Moonpig
28th Jun 2024 16:29
(Sharecast News) - Citi has reiterated its 'buy' call on advertising and media giant WPP after the company rejected a KKR bid to take control of its corporate PR firm FGS Global.
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