News Archive
AstraZeneca posts mixed results from recent Imfinzi trials
25th Jun 2024 07:17
(Sharecast News) - AstraZeneca announced contrasting results from two phase three trials involving its immunotherapy drug 'Imfinzi', or durvalumab, on Tuesday.
Read moreLandsec ups Bluewater stake with £120m investment
25th Jun 2024 07:16
(Sharecast News) - Real estate group Landsec has raised its stake in Kent's Bluewater Shopping Centre to 66.25% after a further £120m investment.
Read moreAirbus cuts profit guidance on Space, lowers jet delivery forecast
25th Jun 2024 01:20
(Sharecast News) - Airbus warned of a hit to its bottom line and cash flow as a result of charges incurred on certain of its space activities.
Read moreHargreaves Lansdown investor questions fairness of takeover bid
24th Jun 2024 20:10
(Sharecast News) - Hargreaves Lansdown shareholder Lancaster Investment Management said on Monday that it remains "unconvinced" that a takeover offer by a consortium led by CVC Capital Partners is fair for all shareholders.
Read moreEurope close: Stocks move up ahead of French vote
24th Jun 2024 16:48
(Sharecast News) - European stocks extend gains on Monday as investors waited on key US price data later in the week and the results of the first round of voting in the French parliamentary elections on 30 June.
Read moreJPMorgan cuts L&G price target but maintains 'overweight'
24th Jun 2024 15:18
(Sharecast News) - JPMorgan Cazenove slashed its price target on Legal & General on Monday to 285p from 330p as it cut its estimates significantly after the company's June capital markets day.
Read moreUS open: Stocks mostly higher, Nvidia drags on Nasdaq
24th Jun 2024 15:13
(Sharecast News) - US stocks were mostly higher at the start of the last trading week of the second quarter.
Read moreBroker tips: Mitie, Rolls-Royce
24th Jun 2024 15:10
(Sharecast News) - Shares in facilities management and professional services company Mitie were on the rise on Monday after Deutsche Bank lifted its target price for the stock following the group's better-than-expected annual results.
Read moreFTSE 250 movers: Britvic fizzes, Mobico motors ahead
24th Jun 2024 15:08
(Sharecast News) - FTSE 250 (MCX) 20,568.33 0.62%
Read moreJefferies hikes target for Rolls-Royce, sees upside to medium-term targets for free cash flow
24th Jun 2024 15:05
(Sharecast News) - Analysts at Jefferies hiked their target price on shares of Rolls-Royce, pointing to its most recent trading update, which they said implied the potential for positive surprises as regarded the engineer's free cash flow guidance.
Read moreLondon close: Prudential, Frasers Group lead stocks higher
24th Jun 2024 15:00
(Sharecast News) - London stocks closed on a positive note on Monday, driven by robust performances from Prudential and Frasers Group.
Read moreFTSE 100 movers: Prudential rallies; Smurfit gives back some gains
24th Jun 2024 14:55
(Sharecast News) - London's FTSE 100 was up 0.7% at 8,297.24 in afternoon trade on Monday.
Read moreShein makes moves towards London IPO - reports
24th Jun 2024 13:35
(Sharecast News) - Chinese online fast fashion behemoth Shein has taken a step towards a potential public listing, it emerged on Monday, with reports that it confidentially filed documents with Britain's markets regulator in early June.
Read moreSector movers: Stocks gain as investors stop chasing gains in tech
24th Jun 2024 13:07
(Sharecast News) - Shares in the FTSE 350 continued to rally back towards their all-time highs at the start of the week, as investors rotated back towards value shares while taking some profits in technology names following recent sharp gains in the space.
Read moreEurofins slumps after Muddy Waters allegations
24th Jun 2024 12:47
(Sharecast News) - Shares in Eurofins Scientific plunged by more than a fifth on Monday after activist hedge fund Muddy Waters accused it of financial regularities, saying it had taken a short position in the stock because the German laboratory company was "optimised for malfeasance".
Read more