News Archive
McLaren appoints three industry vets to board
28th May 2024 10:58
(Sharecast News) - F1, motorsports and supercar maker McLaren Group has appointed three new boardmembers in recent weeks, just two months after the sovereign wealth fund of Bahrain took full ownership of the manufacturer.
Read moreLondon midday: Stocks stay down; Flutter Entertainment takes a hit
28th May 2024 10:54
(Sharecast News) - London stocks were still a little weaker by midday on Tuesday, as investors mulled the latest shop price inflation data.
Read moreUK retail sales surge in May - CBI
28th May 2024 10:47
(Sharecast News) - UK retail sales jumped in May, a closely-watched survey showed on Tuesday, as selling price inflation continued to fall back.
Read moreUS pre-open: Futures rise as Dow rebounds after recent sell-off
28th May 2024 10:21
(Sharecast News) - US stock futures were rising in pre-market trade on Tuesday, with risk appetite expected to return following recent weakness, though rising oil prices may keep a lid on gains.
Read moreNatWest banking app hit by IT glitch
28th May 2024 09:42
(Sharecast News) - NatWest customers were unable to use the online banking app on Tuesday due to an IT glitch, with thousands unable to access balance and payment services.
Read moreBoohoo 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.
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