News Archive
London open: Stocks gain as investors eye CPI, BoE decision
17th Jun 2024 07:54
(Sharecast News) - London stocks rose in early trade on Monday as investors eyed a key UK inflation reading and the latest policy announcement from the Bank of England later in the week.
Read moreEurope open: Shares up as Sampo bid for Topdanmark in focus
17th Jun 2024 07:48
(Sharecast News) - European shares opened higher on Monday as investors digested mixed economic data from China and a $4.7bn bid for Topdanmark from Finnish insurer Sampo.
Read moreMission Group trading as expected as it works on savings plan
17th Jun 2024 07:47
(Sharecast News) - Mission Group said in an update on Monday that trading between 3 April and 17 June had remained in line with the board's expectations.
Read moreHikma boosts injectables business with Xellia assets acquisition
17th Jun 2024 07:42
(Sharecast News) - Hikma Pharmaceuticals said on Monday that it has agreed to buy parts of Xellia Pharmaceuticals, a Copenhagen-based specialty company focusing on providing anti-infective treatments and other critical care therapies, for up to $185m.
Read moreLondon pre-open: Stocks seen up as investors mull house price data
17th Jun 2024 07:27
(Sharecast News) - London stocks were set to rise at the open on Monday following losses at the end of last week, as political uncertainty in France sent European markets tumbling.
Read moreMonday newspaper round-up: Manufacturers, landlords, Blackstone
17th Jun 2024 07:20
(Sharecast News) - The UK's tax authority has not fined a single "enabler" of offshore tax evasion or noncompliance in five years, despite landmark powers to impose huge fines. Tory ministers claimed new laws introduced in 2017 allowed HM Revenue and Customs (HMRC) to pursue accountants, lawyers and bankers who facilitate offshore tax evasion would "create a level playing field", with potential fines of several millions of pounds. - Guardian
Read moreAscential on track to hit targets this year
17th Jun 2024 07:18
(Sharecast News) - Publishing, events and B2B consultancy group Ascential has said that trading is in line with expectations for the full year, helped by strong growth in marketing and fintech operations.
Read moreAstraZeneca's Imfinzi gets US approval for endometrial cancer patients
17th Jun 2024 07:15
(Sharecast News) - AstraZeneca said its Imfinzi cancer treatment had been approved in the US as treatment for adult patients with primary advanced or recurrent endometrial cancer.
Read moreRBC Capital continues to see 'significant' upside for Rentokil
17th Jun 2024 07:15
(Sharecast News) - RBC Capital Markets said on Monday that it continues to see "significant" upside for Rentokil Initial shares, "although clearly there is still lots to do, with peak branch integration still 12 months away".
Read moreChinese retail sales accelerate, but industrial production slows
17th Jun 2024 07:14
(Sharecast News) - Retail sales in China smashed forecasts in May, according to data released by National Bureau of Statistics on Monday, though industrial production growth slowed much more than expected.
Read moreHouses prices unchanged in May - Rightmove
17th Jun 2024 07:12
(Sharecast News) - House prices were largely unchanged in June, industry data showed on Monday, following a bumper performance in May.
Read moreBritish Land CFO to join Kingfisher
17th Jun 2024 07:02
(Sharecast News) - B&Q owner Kingfisher said it had appointed British Land chief financial officer Bhavesh Mistry to the same role at the home improvement company.
Read moreSunday newspaper round-up: Hargreaves Lansdown, Crest Nicholson, Michael Kors
16th Jun 2024 20:14
(Sharecast News) - Hargreaves Lansdown's three private equity suitors have until Wednesday to either table a formal bid for the investment platform or walk away. A £4.7bn offer presented in April was rejected. In particular, the bidders have been attracted by the firm's ability to deposit client cash at the Bank of England for a rate of 5.25%, whilst paying just 3% on a cash Isa of up to £10,000. That netted its £269m last year at no risk. - The Financial Mail on Sunday
Read moreSunday share tips: Oxford Instruments
16th Jun 2024 11:44
(Sharecast News) - The Financial Mail on Sunday's Midas column labelled shares of Oxford Instruments a "long-term buy".
Read moreEurope close: Stocks slump again
14th Jun 2024 18:42
(Sharecast News) - European equities slumped further into the red on Friday, continuing a miserable week, with French and Italian stocks weaker again on worries over upcoming snap elections in France and the implications for government debt burdens.
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