News Archive
ABC Technologies receives PUSU deadline extension for TI Fluid Systems bid
8th Nov 2024 09:20
(Sharecast News) - Thermal management and fluid handling systems manufacturer TI Fluid Systems said on Friday that the PUSU deadline for ABC Technologies' proposed takeover had been extended to 22 November.
Read moreMost attractive time in the last decade to buy GPE, says Citi
8th Nov 2024 09:19
(Sharecast News) - Citi upgraded its stance on Great Portland Estates on Friday to 'buy' as it said it was the most attractive time to buy in the last decade.
Read moreChina unveils £1.1bn stimulus package
8th Nov 2024 09:13
(Sharecast News) - China unveiled its latest stimulus package on Friday, as it looked to tackle surging levels of local government debt and revive the country's flagging economy.
Read moreDeutsche Bank downgrades Greggs and Mitchells & Butlers after budget tax changes
8th Nov 2024 08:55
(Sharecast News) - Deutsche Bank has downgraded its ratings for Greggs and Mitchells & Butlers in light of the governments recent changes to employer national insurance contributions, saying that they disproportionately impact a "labour-intensive leisure sector".
Read moreAsia report: China stocks end down under threat of US tariffs, government measures underwhelm
8th Nov 2024 08:05
(Sharecast News) - Asia Pacific stocks ended the week on a soft note after officials in Beijing refrained from more fiscal stimulus.
Read moreLondon open: Stocks dip; Vistry tumbles on profit warning
8th Nov 2024 08:00
(Sharecast News) - London stocks dipped in early trade on Friday at the end of an eventful week, as investors mulled rate cuts by the Bank of England and the Federal Reserve.
Read moreVistry warns on profits again
8th Nov 2024 07:58
(Sharecast News) - Vistry tumbled on Thursday as it warned on full-year profits again, cutting its forecast for completions and highlighting issues at its South Division.
Read moreEurope open: Markets flat as investors weigh mixed earnings
8th Nov 2024 07:51
(Sharecast News) - European markets opened flat on Friday as investors continued to digest the previous day's interest-rate cuts and assessed a mixed bag of corporate earnings from across the continent.
Read moreWorkspace offloads Raynes Park industrial site for £20m
8th Nov 2024 07:51
(Sharecast News) - London-focused office owner and operator Workspace Group has disposed of another non-core asset with the sale of Raynes Park redevelopment site, the Rainbow Industrial Estate.
Read moreLondon pre-open: Stocks seen up after BoE, Fed decisions
8th Nov 2024 07:35
(Sharecast News) - London stocks were set to rise at the open on Friday at the end of a busy week, as investors mulled rate cuts by the Bank of England and the Federal Reserve.
Read moreSerco loses £165m Australian contract, estimates big hit from NI tax changes
8th Nov 2024 07:35
(Sharecast News) - Public sector-focused outsourcing group Serco issued a double whammy of bad news for investors on Friday, revealing that it has not been reselected for it long-running Australian immigration detention centres contract, and estimating changes to employer national insurance contributions will increase labour costs by £20m a year.
Read moreIAG Q3 revenues beat consensus, company announces 350m euro share buyback
8th Nov 2024 07:31
(Sharecast News) - IAG beat analysts' forecasts for topline growth in the third quarter and delivered strong guidance.
Read moreFriday newspaper round-up: AI, Bentley, News Corp
8th Nov 2024 07:22
(Sharecast News) - Dozens of health and children's groups have urged ministers to tackle obesity by imposing taxes on foods containing too much salt or sugar. New levies based on the sugar tax on soft drinks would make it easier for consumers to eat more healthily by forcing food manufacturers to reformulate their products, they claim. - Guardian
Read moreAstraZeneca "excited" by positive results in Tezspire clinical trial
8th Nov 2024 07:19
(Sharecast News) - AstraZeneca has announced positive high-level results from a phase III for its Texspire treatment for nasal polyps.
Read moreScottish Mortgage lowers Nvidia stake
8th Nov 2024 07:17
(Sharecast News) - Investment trust Scottish Mortgage revealed that it has lowered its stake in AI-darling Nvidia on Friday as it warned of unsustainable costs related to the technology's adoption.
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