News Archive
Supreme buys Clearly Drinks for £15m
24th Jun 2024 07:48
(Sharecast News) - Supreme said on Monday that it has bought Clearly Drinks, a UK manufacturer of specialised canned and bottled-at-source spring water and soft drinks, for £15m.
Read morePepsiCo agrees to waive bottling clause as Carlsberg pursues Britvic
24th Jun 2024 07:33
(Sharecast News) - Carlsberg confirmed on Monday that PepsiCo has agreed to waive the change of control clause in the bottling arrangements it has with Britvic, removing a potential challenge for the Danish brewer looking to buy the UK drinks company.
Read moreLondon pre-open: Stocks seen lower after Nvidia selloff
24th Jun 2024 07:29
(Sharecast News) - London stocks were set to fall at the open on Monday following a selloff in Nvidia shares in the US on Friday.
Read moreTHG inks multi-year fulfilment and distribution deal with Frasers
24th Jun 2024 07:27
(Sharecast News) - Ecommerce services and fulfilment group THG has announced a new multi-year partnership with retail conglomerate Frasers Group that includes the sale of its portfolio of luxury goods websites.
Read moreGSK reports regulatory progress for Omjjara, Jemperli
24th Jun 2024 07:21
(Sharecast News) - GSK announced on Monday that it has received approval from Japan's Ministry of Health, Labour and Welfare (MHLW) for 'Omjjara', or momelotinib, as a treatment for myelofibrosis.
Read moreMonday newspaper round-up: John Lewis, heat pumps, THG
24th Jun 2024 07:20
(Sharecast News) - The outgoing chair of John Lewis has insisted that the retail group is "back on track" and "more fit for the future" with an improving financial position enabling it to spend money refurbishing Waitrose supermarkets and opening convenience stores. Sharon White, who will retire as chair of the John Lewis Partnership in September, said the upmarket Waitrose brand was "underrepresented in convenience" as it sought new avenues of growth. - Guardian
Read moreApple found in breach of EU competition rules
24th Jun 2024 07:15
(Sharecast News) - Tech giant Apple has been charged with breaking new European Union laws over allowing small companies to compete on its app store.
Read moreSIG delivers profit warning as macro conditions hit demand
24th Jun 2024 07:13
(Sharecast News) - Insulation and building products group SIG has delivered a profit warning after a challenging first half, as ongoing softness in the building and construction sector across Europe resulted in subdued demand.
Read moreFirst time mortgage payments up 61% since last election - Rightmove
24th Jun 2024 07:13
(Sharecast News) - First-time buyers have seen mortgage payments soar by nearly two thirds since the last general election, industry research showed on Monday.
Read morePrudential unveils $2bn share buyback
24th Jun 2024 07:07
(Sharecast News) - Prudential on Monday said it would return $2bn to investors via a share buyback to be completed by mid-2026.
Read moreSunday newspaper round-up: Revolut, Brexit, Chinese subsidies
23rd Jun 2024 19:19
(Sharecast News) - Revolut is aiming for a £32bn at an upcoming share sale. If it succeeds the fintech start-up's valuation would surpass that of NatWest. According to the Financial Times, the firm is looking to sell approximately £395m in order to finance its expansion. - The Financial Mail on Sunday
Read moreSunday share tips: Tesco
23rd Jun 2024 12:25
(Sharecast News) - The Financial Mail on Sunday's Midas column told readers who'd invested in Tesco to "hold tight", pointing to the company's economies scale and all the benefits those generated for shareholders.
Read moreEurope close: Stocks slip, but higher for the week
21st Jun 2024 18:48
(Sharecast News) - European stocks finished the day on a down note following data that showed the eurozone's nascent economic recovery unexpectedly slowed in June, weighed down by weakness in the manufacturing sector.
Read moreWeek ahead: US inflation data, French elections in focus
21st Jun 2024 18:24
(Sharecast News) - The market spotlight over the coming week will be on thee latest US inflation data, which may reveal a further perceptible and welcome decline in price pressures.
Read moreLondon close: Stocks fall as UK service sector slows
21st Jun 2024 16:17
(Sharecast News) - London stocks ended the week on a negative note after data revealed an unexpected slowdown in the UK service sector's growth for June.
Read more