News Archive
Great Portland Estate buys West End site, signs new £150m loan
11th Nov 2024 07:45
(Sharecast News) - London-focused real estate group Great Portland Estates is spending £58.5m on a refurbishment opportunity near Tottenham Court Road, as the company announced the signing of a new £150m ESG-linked unsecured revolving credit facility (RCF).
Read moreLondon pre-open: Stocks to rise; jobs data eyed
11th Nov 2024 07:33
(Sharecast News) - London stocks were set to gain at the open on Monday following four sessions of losses, as investors eyed jobs data later in the week.
Read moreDirect Line to axe 550 jobs amid tough motor market
11th Nov 2024 07:32
(Sharecast News) - UK insurer Direct Line said it planned to axe 550 jobs as part of a turnaround plan amid continuing struggles at its motor insurance arm.
Read moreCroda retains guidance, but FX movements to dampen FY results
11th Nov 2024 07:30
(Sharecast News) - Specialty chemicals group Croda has left full-year constant-currency profit guidance unchanged after a solid third quarter, though a stronger pound will hit the bottom-line results more than previously expected.
Read moreMonday newspaper round-up: Hospitality, wind generation, Vertical Aerospace
11th Nov 2024 07:26
(Sharecast News) - Great Britain "lags behind" Europe on measures to restrict betting adverts, according to a report released days after official data showed a sharp increase in the number of children with a gambling problem. Restrictions on ads by bookmakers and casinos are increasingly becoming "the norm" across Europe in response to public health concerns, according to a report commissioned by GambleAware, the UK's leading gambling charity. - Guardian
Read moreBitcoin tops $82,000 level in early Monday trading
11th Nov 2024 07:22
(Sharecast News) - Bitcoin has surged well past the $80,000 mark for the first time, propelled by investor optimism following Donald Trump's US election victory, with expectations that his administration would support a friendlier regulatory environment for digital currencies.
Read moreBurberry on brink of being taken over by Italy's Moncler - report
11th Nov 2024 07:21
(Sharecast News) - Luxury fashion brand Burberry is reportedly on the brink of being bought by Italy's Moncler.
Read moreSyncona's Autolus gets FDA approval for leukaemia treatment
11th Nov 2024 07:17
(Sharecast News) - Life science investor Syncona announced on Monday that its portfolio company Autolus Therapeutics has received US Food and Drug Administration (FDA) approval for Aucatzyl (obe-cel), a CAR T-cell therapy developed for adult patients with relapsed or refractory B-cell precursor acute lymphoblastic leukaemia (r/r B-ALL).
Read moreNatWest buys back £1bn in shares from the government
11th Nov 2024 07:16
(Sharecast News) - NatWest has repurchased £1bn of shares from the HM Treasury, taking the government's stake in the banking group to just over 11%.
Read moreUS close: Stocks hit more records as post-election rally continues
8th Nov 2024 21:59
(Sharecast News) - US stocks registered mild gains on Friday but still managed to hit new records as the post-election rally continued, with the Dow and S&P 500 putting in their best weekly performance of the year so far.
Read moreLondon close: Stocks end lower as China stimulus underwhelms
8th Nov 2024 16:49
(Sharecast News) - London stocks were firmly in the red on Friday, with heavily-weighted miners under the cosh as China's latest $1.4trn stimulus package underwhelmed investors.
Read moreEurope close: China stimulus, German political uncertainty drag stocks lower
8th Nov 2024 16:32
(Sharecast News) - European stocks fell on Friday, with markets in the UK, Germany and France registering heavy losses by the close, as a wave of poorly received corporate earnings and underwhelming stimulus measures in China weighed on sentiment.
Read moreBroker tips: Auto Trader, Great Portland Estates, Relx
8th Nov 2024 15:36
(Sharecast News) - Analysts at Berenberg lowered their target price on Auto Trader from 880.0p to 830.0p on Friday, stating the group's "noisy" H1 had raised questions.
Read moreDirector dealings: Haleon's Alan Stewart snaps up shares
8th Nov 2024 15:33
(Sharecast News) - Haleon revealed on Friday that non-executive director Alan Stewart had acquired 33,923 ordinary shares in the London-listed consumer healthcare business.
Read moreFTSE 250 movers: Serco tanks on lost contract, while NI tax changes bite
8th Nov 2024 14:58
(Sharecast News) - Shares in Serco fell 8% after it was revealed that the company had lost a long-running Australian immigration detention centres contract while simultaneously warning of rising labour costs.
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