News Archive
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'.
Read moreChill 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.
Read moreRaspberry 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.
Read moreBaltic 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.
Read moreHunting'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.
Read moreCiti upgrades National Grid, cites attractive risk/reward
3rd Jun 2024 07:54
(Sharecast News) - Citi upgraded National Grid on Monday to 'buy' from 'neutral' and lifted the price target to 985p from 920p as it cited an attractive risk/reward.
Read moreLondon open: Stocks gain ahead of UK manufacturing data
3rd Jun 2024 07:53
(Sharecast News) - London stocks rose in early trade on Monday, taking their cue from a positive session in Asia, as investors eyed the latest UK manufacturing reading.
Read moreEurope open: Shares make strong start ahead of ECB rate call
3rd Jun 2024 07:53
(Sharecast News) - European markets made a strong start to the week as investors look ahead to a European Central Bank interest rate decision on Thursday, widely expected to be a 25 basis point cut.
Read moreSirius Real Estate ups dividend as profits jump 32%
3rd Jun 2024 07:47
(Sharecast News) - Profits at business and industrial parks developer Sirius Real Estate surged by nearly a third in the year ended 31 March, helping the company to increase dividends for the tenth straight year.
Read moreLondon pre-open: Stocks seen up ahead of manufacturing data
3rd Jun 2024 07:41
(Sharecast News) - London stocks were set to rise at the open on Monday as investors eyed the latest UK manufacturing reading.
Read moreAsia report: Shares rally on rate cut hopes, China Caixin PMI
3rd Jun 2024 07:34
(Sharecast News) - Asian share markets rallied on Monday, as investors awaited an expected rate cut from the European Central Bank, while a positive factory activity survey in China also boosted sentiment.
Read moreGSK to appeal Delaware ruling on jury trials in Zantac cancer cases
3rd Jun 2024 07:30
(Sharecast News) - GSK shares were down almost 10% on Monday after a US court ruled that jury trials could hear expert witnesses in 70,000 cases brought by cancer sufferers claiming its Zantac heartburn drug caused their condition.
Read moreAstraZeneca's lung cancer treatment recommended for approval in EU
3rd Jun 2024 07:28
(Sharecast News) - AstraZeneca has announced that its Tagrisso treatment for advanced lung cancer, when combined with chemotherapy, has been recommended for approval by European regulators.
Read moreUK private sector tentatively optimistic as economy stabilises - CBI
3rd Jun 2024 07:24
(Sharecast News) - Private sector activity stabilised in May, industry research showed on Monday, with further growth forecast for the months ahead.
Read moreMonday newspaper round-up: HSBC, Shein, Nvidia
3rd Jun 2024 07:23
(Sharecast News) - Union leaders are preparing to ramp up industrial action at two south Wales steelworks, in a further escalation of a row over almost 3,000 job losses that threatens to become a big general election issue. Unite said such moves at the Port Talbot and Llanwern works are planned after the sites' Indian owner, Tata Steel, threatened to cut redundancy pay as a response to members voting for an overtime ban. - Guardian
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