News Archive
Britvic suspends £75m share buyback after Carlsberg offer
25th Jun 2024 13:30
(Sharecast News) - Britvic said on Tuesday that it was suspending its £75m share buyback after rejecting a £3.1bn takeover proposal from Danish brewer Carlsberg.
Read moreDeutsche Bank hikes Rolls-Royce price target
25th Jun 2024 12:15
(Sharecast News) - Deutsche Bank hiked its price target on Rolls-Royce to 555p from 465p on Tuesday as it revisited the valuation ahead of first-half results.
Read moreCiti ups target for Segro on improving macro outlook
25th Jun 2024 11:58
(Sharecast News) - Citi has raised its target price for Segro from 1,069p to 1,149p and reiterated a 'buy' rating, hailing the industrial real estate group's structural growth ahead of an upcoming expected fall in interest rates.
Read moreDirector dealings: Aviva non-exec invests, Britvic director covers share award costs
25th Jun 2024 11:31
(Sharecast News) - Among the director dealings disclosed to market on Tuesday, Aviva announced that T Neil Morrison, a non-executive director, haad purchased a substantial number of shares in the company.
Read moreProton Motor Power gets follow-up order from Deutsche Bahn
25th Jun 2024 11:25
(Sharecast News) - Proton Motor Power Systems, a designer and producer of zero-carbon fuel cells and fuel cell electric hybrid systems, announced a new follow-up order from DB Bahnbau Gruppe, a subsidiary of Deutsche Bahn, on Tuesday.
Read moreSound Energy demobilises Tendrara workover rig
25th Jun 2024 11:21
(Sharecast News) - Sound Energy has announced the successful completion and demobilisation of the Star Valley Rig 101 on Tuesday, following planned workover operations on the gas wells TE-6 and TE-7 at the Tendrara project.
Read moreOrchard Funding lifts expectations amid strong premium finance market
25th Jun 2024 11:18
(Sharecast News) - Insurance premium finance and professions funding specialist Orchard Funding Group reported a robust performance in the insurance premium finance market on Tuesday, driving revenue growth through increased lending.
Read moreLondon midday: Stocks fall as Rolls-Royce, Melrose hit by Airbus warning
25th Jun 2024 11:05
(Sharecast News) - London stocks had fallen into the red by midday on Tuesday, with Rolls-Royce and Melrose pacing the declines after a profit warning from Airbus.
Read moreTortilla Mexican Grill buys Fresh Burritos for €3.95m
25th Jun 2024 11:04
(Sharecast News) - Tortilla Mexican Grill said on Tuesday that it has bought Fresh Burritos, the second largest fast-casual Mexican restaurant group in Europe, and largest in France, €3.95m (£3.3m).
Read moreMorrisons sales rise in Q2 as it expands convenience estate
25th Jun 2024 11:02
(Sharecast News) - Supermarket operator Morrisons reported a strong second-quarter performance on Tuesday, with continued sales momentum, significant operational progress, and substantial deleveraging.
Read moreEurope midday: Merck, Airbus lead losses as markets fall
25th Jun 2024 10:56
(Sharecast News) - European stocks were firmly lower by the midday mark in Frankfurt as heavy falls in the aerospace and pharmaceuticals sectors weighed on indices across the continent.
Read moreAugmentum reports year of solid NAV growth
25th Jun 2024 10:54
(Sharecast News) - Augmentum Fintech reported a 3.1% increase in its net asset value before performance fees in its annual report on Tuesday, rising to £303.3m from £294.1m in the prior year.
Read moreUS pre-open: Markets to snap losing streak as Nvidia rebounds
25th Jun 2024 10:35
(Sharecast News) - US stock futures were pointing to small gains in pre-market trade with the S&P 500 and Nasdaq set to rebound after three straight days of losses.
Read moreBerenberg upgrades Admiral to 'buy', shares rally
25th Jun 2024 10:33
(Sharecast News) - Berenberg upgraded Admiral on Tuesday to 'buy' from 'hold' and lifted the price target to 3,127p from 2,973p, citing an attractive valuation.
Read moreElementis shareholder Gatemore calls for strategic review
25th Jun 2024 09:56
(Sharecast News) - Elementis shareholder Gatemore Capital Management said on Tuesday that if the company does not launch a strategic review, accelerate its cost-savings programme and replace its chief executive, it may seek to oust the chairman.
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