News Archive
Ocado set to exit FTSE 100 in latest reshuffle, Darktrace and Vistry to join
29th May 2024 13:38
(Sharecast News) - Ocado and St James's Place are set to be kicked out of the FTSE 100 in the latest quarterly reshuffle of components, with Darktrace and Vistry expected to join the top-tier index.
Read moreConocoPhillips to buy Marathon Oil in $22bn deal
29th May 2024 12:43
(Sharecast News) - ConocoPhillips confirmed on Wednesday that it has agreed to buy Marathon Oil in an all-share deal worth $22bn.
Read moreMerck to buy EyeBio for up to $3bn
29th May 2024 11:58
(Sharecast News) - US pharma giant Merck said on Wednesday that it has agreed to buy ophthalmology-focused biotechnology firm EyeBio for up to $3bn.
Read moreJefferies raises target price for Softcat
29th May 2024 11:45
(Sharecast News) - Analysts at Jefferies reiterated their 'buy' recommendation on shares of Softcat, following the latest trading update out of the IT infrastructure and services provider.
Read moreBroker tips: Legal & General, Softcat, Fresnillo
29th May 2024 11:44
(Sharecast News) - Deutsche Bank has reiterated its 'buy' call for financial services and asset management company Legal & General following news of a potential sale of Cala Homes.
Read moreEurope midday: Inflation jitters hit stocks as rate cut hopes wobble
29th May 2024 11:22
(Sharecast News) - European stock markets continued in gloomy mood on Wednesday, extending losses from the previous day's sell-off.
Read moreUS pre-open: Futures drop as inflation fears rise
29th May 2024 11:03
(Sharecast News) - US stock futures were falling on Wednesday with the Nasdaq pulling back from record highs as nerves started to set in ahead of a key inflation gauge later in the week.
Read moreAnglo rebuffs BHP request for takeover deadline extension
29th May 2024 11:00
(Sharecast News) - Anglo American has rejected BHP's request to extend its 'put up or shut up' offer deadline, advising shareholders to take no action in response to the latter's latest attempt to sway the mining group into a £39bn takeover deal.
Read moreJP Morgan sees lower political risk in Mexico for Fresnillo, stays 'overweight'
29th May 2024 10:44
(Sharecast News) - Analysts at JP Morgan sounded a confident note on the outlook for precious metals miner Fresnillo ahead of the next presidential elections in Mexico.
Read moreLondon midday: Stocks stay down but IDS gains on takeover
29th May 2024 10:29
(Sharecast News) - London stocks were still down by midday on Wednesday, but IDS bucked the trend after the Royal Mail owner accepted a takeover offer.
Read moreDeutsche Bank keeps Legal & General at 'buy' on potential CALA sale
29th May 2024 10:28
(Sharecast News) - Deutsche Bank has reiterated its 'buy' call for financial services and asset management company Legal & General following news of a potential sale of Cala Homes.
Read moreFunding Circle to cut 120 jobs, CFO to step down
29th May 2024 10:27
(Sharecast News) - Funding Circle said on Wednesday that it was planning to axe around 120 jobs as part of its cost-cutting and streamlining efforts, as it announced the departure of chief financial officer Oliver White.
Read moreThursday preview: US Q1 GDP, Auto Trader in the spotlight
29th May 2024 10:23
(Sharecast News) - The market spotlight on Thursday will continue to be on the US, where another flurry of economic indicators and speeches from central bank officials are scheduled.
Read moreAveron to buy Foresight Sustainable Forestry in £167m deal
29th May 2024 09:20
(Sharecast News) - Foresight Sustainable Forestry Company is to be acquired by Averon Park in a £167m deal, it was confirmed on Wednesday, less than three years after the specialist investment firm went public.
Read morePayPoint invests in open banking platform Aperidata
29th May 2024 09:16
(Sharecast News) - Payment tech group PayPoint has invested £1m in Aperidata to enhance its open banking solutions to clients, the company announced on Wednesday.
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