News Archive
London pre-open: Stocks to edge up after mixed US session
25th Jun 2024 07:34
(Sharecast News) - London stocks were set to nudge up at the open on Tuesday following a mixed close on Wall Street.
Read moreChapel Down considers sale as it weighs funding options
25th Jun 2024 07:28
(Sharecast News) - Chapel Down said on Tuesday that it is conducting a strategic review of options to fund long-term growth, which includes investment from existing and new shareholders and a potential sale of the company.
Read moreTuesday newspaper round-up: Energy suppliers, Boeing, Thames Water
25th Jun 2024 07:26
(Sharecast News) - EDF, Utilita and British Gas have been named as the worst energy suppliers for customer service, as research shows industry standards have slipped sharply. Citizens Advice said customer service ratings across the industry were among the lowest ever between January and March and average ratings had fallen by 10.5% compared with the same period in 2021. - Guardian
Read moreAstraZeneca 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.
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