News Archive
Home Reit tenant Noble Tree enters administration
4th Jun 2024 12:31
(Sharecast News) - Troubled real estate investment trust Home Reit said on Tuesday that homelessness charity Noble Tree Foundation - a tenant of 143 properties in its portfolio - has entered into administration.
Read moreGooch & Housego reports sharp fall in H1 profits
4th Jun 2024 12:07
(Sharecast News) - Gooch & Housego shares were under pressure on Tuesday after the AIM-listed manufacturer reported a sharp drop in profits in its first half - though full-year guidance was unchanged.
Read moreBlackstone in exclusive talks to buy Village Hotels - report
4th Jun 2024 11:59
(Sharecast News) - Private equity firm Blackstone is reportedly in exclusive talks to buy UK mid-market hotel chain Village Hotels.
Read moreEurope midday: Shares lower on weak oil price, German employment data
4th Jun 2024 11:53
(Sharecast News) - European shares were lower on Tuesday, after a weaker session in Asia as investors awaited a European central bank interest rate decision later in the week and eyed the results of India's general election.
Read moreMaersk lifts guidance again as freight costs continue to rise
4th Jun 2024 11:32
(Sharecast News) - Danish shipping giant Maersk has raised its full-year profits targets by the second time in five weeks as container freight costs continue to rise as a result of the ongoing crisis in the Red Sea.
Read moreUS pre-open: Futures in the red as June trading gets off to a rocky start
4th Jun 2024 11:29
(Sharecast News) - Wall Street futures were in the red ahead of the bell on Tuesday as June trading gets off to a rocky start.
Read moreLondon midday: FTSE extends losses as energy firms retreat
4th Jun 2024 10:50
(Sharecast News) - London stocks had fallen further into the red by midday on Tuesday, with oil giants under pressure as oil prices retreated.
Read moreSynectics trades 'comfortably in line' with expectations
4th Jun 2024 10:41
(Sharecast News) - Security and surveillance systems business Synectics said on Tuesday that year-to-date trading was "comfortably in line with market expectations" and that its cash position remained "strong".
Read moreGerman unemployment rises more than expected in May
4th Jun 2024 10:26
(Sharecast News) - The number of Germans lining up for unemployment benefits rose more than expected in May, according to the Federal Labour Office, growing by 25,000 in seasonally adjusted terms, ahead of estimates for a rise of 10,000.
Read moreCheckit proposes merger with rival Crimson Tide
4th Jun 2024 09:27
(Sharecast News) - Software business Checkit announced plans to merge with rival Crimson Tide on Tuesday, stating the acquisition would help both companies create "a scaled workflow software company".
Read moreMission Group evaluating improved offer from Brave Bison
4th Jun 2024 09:19
(Sharecast News) - Digital marketing firm Mission Group said on Tuesday that it was evaluating an increased takeover proposal from rival Brave Bison but that it still believes it does not reflect its contribution to the proposed combined group.
Read moreCard spending at three-year low as consumers rein in non-essential purchases
4th Jun 2024 08:48
(Sharecast News) - Spending growth on UK credit and debit cards slowed to its lowest in more than three years in May as consumers cut back on discretionary spending, especially on non-essential food and drink, in the face of rising household bills.
Read moreBrookfield Asset Management considering offer for Tritax Eurobox
4th Jun 2024 08:24
(Sharecast News) - Tritax Eurobox gained on Tuesday after Brookfield Asset Management said it was in the early stages of assessing a possible cash offer for the company.
Read moreElection landslide looks unlikely for India's Modi; Shares fall 6%
4th Jun 2024 08:24
(Sharecast News) - India's nationalist prime minister Narendra Modi looked set to win a third term in government, but early poll results suggested the expected landslide victory may not materialise.
Read moreEurope open: Shares lower ahead of ECB rate decision
4th Jun 2024 08:20
(Sharecast News) - European shares were lower at the open on Tuesday, following a weaker session in Asia as investors awaited a European central bank interest rate decision later in the week.
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