News Archive

PRS REIT amends agreement with adviser amid strategic review

11th Nov 2024 10:59

(Sharecast News) - Private rental sector-focussed new build investor PRS REIT announced an amendment to its investment advisory agreement with Sigma PRS Management, its investment adviser, on Monday.

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US pre-open: Markets set to hit new records early, crypto stocks jump

11th Nov 2024 10:57

(Sharecast News) - US stock futures were pointing higher ahead of the opening bell on Monday, with all three Wall Street benchmarks set to hit fresh record highs - though volumes are expected to be light due to the Veterans Day holiday.

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Broker tips: Trustpilot, Ceres Power, Vistry

11th Nov 2024 10:55

(Sharecast News) - Deutsche Bank initiated coverage of review platform Trustpilot on Monday with a 'buy' rating and 331p price target.

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London midday: Stocks maintain gains; Croda, NatWest rally

11th Nov 2024 10:44

(Sharecast News) - London stocks were still firmly in the black by midday on Monday, with Croda pacing the gains after a well-received third-quarter sales update.

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Asia report: Markets mixed as China stimulus fails to excite

11th Nov 2024 10:36

(Sharecast News) - Asia-Pacific markets showed a mixed performance on Monday as China's latest economic data and a newly announced five-year stimulus package failed to inspire investor confidence.

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Resolute Mining CEO detained in Mali, shares tumble

11th Nov 2024 10:36

(Sharecast News) - Shares in Resolute Mining tumbled on Monday after it confirmed that chief executive Terence Holohan and two other employees have been detained by authorities in Mali.

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Jefferies upgrades Ceres Power to 'buy', hikes price target

11th Nov 2024 09:29

(Sharecast News) - Jefferies upgraded Ceres Power on Monday to 'buy' from 'hold' and lifted the price target to 265p from 190p as it took a look at renewable energy stocks.

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RHI Magnesita reports continued weak demand conditions

11th Nov 2024 09:08

(Sharecast News) - RHI Magnesita reported a steady third-quarter performance amid challenging demand conditions in an update on Monday, as it warned of softer full-year sales than previously expected.

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Berenberg slashes Vistry price target after profit warning

11th Nov 2024 08:53

(Sharecast News) - Berenberg slashed its price target on Vistry on Monday to 750p from 1,000p after the housebuilder issued another profit warning last week.

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Continental smashes Q3 forecasts, but cuts sales guidance

11th Nov 2024 08:34

(Sharecast News) - Shares in Continental surged in Frankfurt on Monday after the German auto parts and tyres manufacturer beat estimates with third-quarter profits, as investors shrugged off its move to cut sales guidance for the full year.

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Europe open: Stoxx jumps as post-US election rally continues

11th Nov 2024 08:15

(Sharecast News) - European shares opened strongly on Monday as the post-US election rally continued and investors shrugged off a fall on Asian markets in response to China's latest stimulus measures.

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Heathrow ups traffic forecast after record passenger numbers in October

11th Nov 2024 08:03

(Sharecast News) - Heathrow recorded its busiest ever October, serving with more than 7.2m passengers due to a strong half term, as the airport raised its traffic forecasts for the full year.

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Kainos unveils £30m buyback; Cautious on FY prospects

11th Nov 2024 07:59

(Sharecast News) - Shares in Kainos surged on Monday after the software group unveiled a £30m share buyback as it reported a rise in interim profit on the back of an 18% rise in recurring revenue, although it remained cautious on full-year prospects.

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London open: Stocks rally as investors eye jobs data; Croda, Burberry gain

11th Nov 2024 07:54

(Sharecast News) - London stocks rose in early trade on Monday as investors eyed the release of key jobs data later in the week.

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Six Exchange Group to buy Aquis Exchange in £225m deal

11th Nov 2024 07:48

(Sharecast News) - Swiss stock exchange operator Six Exchange Group said on Monday that it has agreed to buy Aquis Exchange in a £225m deal.

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