News Archive

BP Marsh invests in new London-based MGA

14th Oct 2024 13:16

(Sharecast News) - BP Marsh announced a new investment in London-based managing general agency (MGA) Volt on Monday, which specialises in energy insurance.

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Elixirr secures £45m facility with NatWest

14th Oct 2024 12:40

(Sharecast News) - Global consultancy firm Elixirr International announced on Monday that it has secured a £45m revolving credit facility from NatWest to support its growth strategy, including mergers and acquisitions, while limiting equity dilution.

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InPost in advanced talks to buy remaining 70% of Menzies - report

14th Oct 2024 12:12

(Sharecast News) - Logistics firm InPost is reportedly closing in on a deal to take full ownership of Menzies Distribution Group.

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Europe midday: Shares slip into the red as UK betting stocks tank

14th Oct 2024 11:48

(Sharecast News) - European shares slipped into the red on Monday after much hoped for detail on China stimulus measures failed to materialise over the weekend and UK gambling stocks slumped on a report the new Labour government was about to hit their hefty profits with a windfall tax.

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DP World announces £1bn injection into London Gateway

14th Oct 2024 11:25

(Sharecast News) - The London Gateway is to become Britain's largest container port within five years after operator DP World announced a £1bn expansion to boost capacity.

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London midday: FTSE stays down ahead as gambling stocks tumble

14th Oct 2024 11:00

(Sharecast News) - London stocks were still a touch weaker by midday on Monday as China's stimulus update over the weekend left investors feeling disappointed, and with gambling shares under the cosh amid reports of a potential £3bn tax raid on the sector.

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Citi places Wizz Air on 'negative catalyst watch'

14th Oct 2024 10:49

(Sharecast News) - Analysts at Citi placed budget carrier Wizz Air on 'negative catalyst watch' on Monday, stating it now sees downside risk to the group's FY25 guidance.

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US pre-open: Futures mixed as traders await Q3 earnings

14th Oct 2024 10:45

(Sharecast News) - Wall Street futures were mixed ahead of the bell on Monday as market participants braced for another batch of key Q3 corporate earnings.

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International Paper shareholders give green light for DS Smith takeover

14th Oct 2024 10:34

(Sharecast News) - Shareholders of American pulp and paper giant International Paper have given their approval for the £5.8bn takeover of London-listed packaging group DS Smith.

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Good Energy's Zapmap partners with Centrica's Hive

14th Oct 2024 10:29

(Sharecast News) - Good Energy Group announced a strategic partnership between its EV charging app subsidiary Zapmap and Hive, the eco-tech subsidiary of Centrica, on Monday.

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Helical reports progress across development pipeline

14th Oct 2024 10:23

(Sharecast News) - Helical reported significant progress across its development pipeline and investment portfolio in a trading update on Monday, particularly in its London office projects.

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Thruvision H1 sales seen missing guidance, CEO to depart

14th Oct 2024 10:20

(Sharecast News) - Security technology firm Thruvision warned on Monday that H1 sales would fall short of guidance and revealed that chief executive Colin Evans would be leaving the group in order to "further his non-executive directorship portfolio".

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Life Science REIT completes new lease at Oxford Technology Park

14th Oct 2024 10:18

(Sharecast News) - Life Science REIT announced on Monday that it has completed a new lease with quantum technology company Infleqtion for 7,500 square feet of fully-fitted laboratory space at the Innovation Quarter in Oxford Technology Park (OTP).

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Augmentum taps William Reeve as its new chairman

14th Oct 2024 10:13

(Sharecast News) - Augmentum Fintech announced the appointment of William Reeve as chairman of its board on Monday, effective 1 November.

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FCA lifts collection restrictions on S&U subsidiary Advantage

14th Oct 2024 10:08

(Sharecast News) - Motor and property finance specialist S&U announced on Monday that the Financial Conduct Authority (FCA) had agreed to lift the collection process restrictions previously imposed on its motor finance subsidiary, Advantage Finance.

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