News Archive
Boohoo facing 'sizeable' revolt over executive bonuses - report
28th May 2024 09:28
(Sharecast News) - Boohoo is reportedly facing a potential investor revolt over plans to pay out millions in executive bonuses at its June annual general meeting.
Read moreJefferies has 'renewed confidence' for LSEG, hikes target price
28th May 2024 08:46
(Sharecast News) - Jefferies has hiked its target price for London Stock Exchange Group (LSEG) from 1,110p to 1,150p and maintained a 'buy' rating, saying it sees "clear upside risk to consensus".
Read morePersimmon eyes up possible £1bn Cala bid - report
28th May 2024 08:30
(Sharecast News) - Persimmon saw its share price dip on Tuesday, after it was flagged as a potential buyer of rival housebuilder Cala.
Read moreLondon open: Stocks edge lower; Persimmon said to weigh bid for Cala
28th May 2024 08:20
(Sharecast News) - London stocks edged lower in early trade on Tuesday as traders returned to their desks after the long weekend.
Read moreRevolution Bars rejects Nightcap takeover proposal
28th May 2024 08:18
(Sharecast News) - Revolution Bars said on Tuesday that it has rejected a rescue deal by Nightcap as it is "incapable of being delivered" and that it will press ahead with a £12.5m fundraising.
Read moreEurope open: Shares up after dovish ECB comments on June cut
28th May 2024 08:16
(Sharecast News) - European shares opened higher on Tuesday as traders looked ahead to inflation data across the Atlantic later in the week while hopes of a June interest rate cut from the European Central Bank were buoyed by comments from two policymakers on Monday.
Read moreAdriatic Metals to raise $50m as Vares project ramps up
28th May 2024 07:59
(Sharecast News) - Precious and base metals group Adriatic Metals has announced plans to raise $50m through a share placing as it "optimises" its balance sheet amid a ramp-up of its Vares project in Bosnia and Herzegovina.
Read moreAsia report: Shares down as investors mull ECB rate cut talk
28th May 2024 07:46
(Sharecast News) - Asia-Pacific markets closed mostly lower Tuesday as traders mulled comments from European Central Bank officials suggesting interest rates could be cut next month.
Read moreGenuit on track despite Q1 'softness'
28th May 2024 07:38
(Sharecast News) - Water, climate and ventilation solutions group Genuit has said its full-year outlook remains unchanged despite "market softness" since the start of 2024 as it continues to make improvements to underlying margins.
Read moreSoftcat reaffirms full-year guidance
28th May 2024 07:31
(Sharecast News) - Softcat said on Tuesday that full-year results were set to be in line with expectations.
Read moreLondon pre-open: Stocks seen down after long weekend
28th May 2024 07:30
(Sharecast News) - London stocks were set to dip at the open on Tuesday as traders returned to their desks after the long weekend.
Read moreTuesday newspaper round-up: Ofwat, Facebook, Deutsche Bank
28th May 2024 07:16
(Sharecast News) - Ofwat is poised to refuse most water companies' requests to ratchet up consumer bills, with some getting as little as half of what they have asked for, the Guardian has learned. The decision from the water watchdog for England and Wales, Ofwat, has been formally delayed until 11 July because of the general election. Its verdict, known as a draft determination, comes amid a growing crisis in the water sector. - Guardian
Read moreIntermediate Capital sees annual profits jump 132%
28th May 2024 07:15
(Sharecast News) - Investment firm Intermediate Capital Group (ICG) more than doubled profits in the year ended 31 March as it reported a huge increase in performance fee income, while assets under management rose by nearly a quarter.
Read moreIthaca appoints ENI's Luciano Vasques as CEO
28th May 2024 07:12
(Sharecast News) - North Sea oil and gas explorer Ithaca Energy on Tuesday said it had appointed ENI executive Luciano Vasques as chief executive officer following its £750m deal to buy almost all of the Italian firm's UK assets and reported a fall in first-quarter profits on weaker gas prices and lower production.
Read moreVictorian Plumbing upbeat for full year despite 'subdued' market
28th May 2024 07:08
(Sharecast News) - Victorian Plumbing reported a dip in first-half revenues on Tuesday, on the back of a "subdued" trading environment.
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