News Archive

Strip Tinning names Mark Perrins as group CEO

3rd Jun 2024 10:42

(Sharecast News) - Connection systems supplier Strip Tinning has appointed Mark Perrins as group chief executive officer, joining the board of directors with immediate effect.

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London close: Stocks end down as GSK tumbles on litigation woes

3rd Jun 2024 10:40

(Sharecast News) - London stocks reversed earlier gains to end down on Monday, with GSK weighing heavily on the top-flight index on the back of the latest US court ruling on its heartburn drug Zantac.

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Hvivo scores £2.5m contract for Omicron characterisation study

3rd Jun 2024 10:35

(Sharecast News) - Contract research organisation Hvivo has secured a £2.5m contract with a mid-sized pharmaceutical company to initiate an Omicron characterisation study after the manufacture of its Omicron BA.5 challenge agent was successfully completed in 2023.

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MP Evans purchases minority stakes in Indonesian subsidiaries

3rd Jun 2024 10:23

(Sharecast News) - Palm oil producer MP Evans has purchased a 5% minority holding in the majority of its Indonesian subsidiary trading companies.

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Bank holidays help UK retail sales inch higher in May

3rd Jun 2024 10:12

(Sharecast News) - UK retail sales inched higher in May, staging a minor rebound after a disappointing performance in April, according to figures out on Tuesday from the British Retail Consortium and KPMG.

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UK manufacturing sector returns to growth in May

3rd Jun 2024 09:57

(Sharecast News) - The UK manufacturing sector returned to growth in May, with output growing at the fastest pace in more than two years, according to a survey released on Monday.

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Eurozone manufacturing at 'turning point' as downturn eases in May

3rd Jun 2024 09:45

(Sharecast News) - The contraction in manufacturing activity in the eurozone eased slightly less than expected in May, according to revised estimates on Monday by S&P Global and Hamburg Commercial Bank (HCOB), which signalled a "turning point" for the sector.

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JPMorgan upgrades St James's Place, Quilter to 'overweight'

3rd Jun 2024 09:44

(Sharecast News) - JPMorgan Cazenove upgraded St James's Place and Quilter to 'overweight' from 'neutral' on Monday as it took a look at UK wealth managers.

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Shein eyeing potential London listing

3rd Jun 2024 09:30

(Sharecast News) - Fast fashion retailer Shein will file paperwork for a potential floatation on the London Stock Exchange as soon as this week, according to Sky News, with an initial public offering potentially valuing the firm at roughly £51.7bn.

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WH Ireland to sell capital markets business to Zeus for up to £5m

3rd Jun 2024 09:23

(Sharecast News) - WH Ireland said on Monday that it has agreed to sell its capital markets business to investment bank Zeus Capital for up to £5m.

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Blackstone to increase Hipgnosis offer

3rd Jun 2024 09:20

(Sharecast News) - US private equity firm Blackstone has upped its bid for embattled music rights publisher Hipgnosis as it looks to change its takeover offer to a so-called 'scheme of arrangement'.

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Chill Brands shares suspended as inside-information probe continues

3rd Jun 2024 09:14

(Sharecast News) - UK vape maker Chill Brands announced on Monday that its shares have been suspended from trade as it continues to investigate claims around the use of inside information by its suspended CEO.

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Raspberry Pi hoping to raise £157m in London IPO

3rd Jun 2024 08:41

(Sharecast News) - Low-cost single-board and modular computer maker Raspberry Pi announced on Monday that it is looking to raise around £157m in its stock-market debut in London next week.

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Baltic Classifieds tumbles as Antler sells 40m shares in placing

3rd Jun 2024 08:12

(Sharecast News) - Baltic Classifieds slumped on Monday after Antler, which is controlled by funds advised by Apax, sold 40m shares in a placing.

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Hunting's order book at record high after another big win in Kuwait

3rd Jun 2024 07:58

(Sharecast News) - Engineering group Hunting has won a $86m piping order from state-backed Kuwait Oil Company for next next, driving its sales order book to a record high, and causing shares to surge on Monday.

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