News Archive
Moto owner CVC planning sale - report
23rd May 2024 14:24
(Sharecast News) - The owners of Moto, one of Britain's biggest operators of motorway service stations, are reportedly preparing to put the company up for sale for more than £2bn.
Read moreFriday preview: UK retail sales, US consumer confidence in focus
23rd May 2024 14:15
(Sharecast News) - Investors' focus at the end of the week will be on UK retail sales figures for April.
Read moreRoyal Mail owner IDS delays results amid takeover bid
23rd May 2024 14:13
(Sharecast News) - Royal Mail owner International Distribution Services said on Thursday that it has had to delay the publication of its full-year results - which were originally due on Thursday morning - after auditor KPMG requested additional time to complete procedures.
Read moreUS jobless claims fall to 215,000
23rd May 2024 13:57
(Sharecast News) - Americans lined up for state unemployment benefits at a decelerated clip in the week ended 18 May, according to the Labor Department.
Read moreEU slaps Mondelez with €337.5m fine
23rd May 2024 13:56
(Sharecast News) - Oreo cookie and Cadbury Dairy Milk parent Mondelez has been fined €337.5m by the European Commission for hindering trade between European Union countries in order to keep prices high.
Read moreTurkey central bank holds rates at 50%
23rd May 2024 13:48
(Sharecast News) - Turkey's central bank kept interest rates unchanged at 50% on Thursday for the second month in a row, as expected.
Read moreNatWest share sale plan on hold after election called
23rd May 2024 13:05
(Sharecast News) - NatWest was trading lower on Thursday following reports that plans for a sale of shares in the bank to the general public have been put on hold after Prime Minister Rishi Sunak called a general election for 4 July.
Read moreHSBC fined £6.3m over treatment of customers in financial difficulty
23rd May 2024 12:53
(Sharecast News) - HSBC has been fined nearly £6.3m by the Financial Conduct Authority over its treatment of customers in financial difficulty.
Read moreBerenberg ups target price on Integrafin
23rd May 2024 12:52
(Sharecast News) - Analysts at Berenberg raised their target price on Integrafin shares from 360.0p to 390.0p on Thursday following the group's interim results a day earlier.
Read moreAvacta reports further progress in chemotherapy trial
23rd May 2024 12:09
(Sharecast News) - Avacta Group announced the successful completion of the first cohort and the start of dosing for three patients in the second cohort of the second arm in its phase one trial of AVA6000, a peptide drug conjugate form of doxorubicin chemotherapy, on Thursday.
Read moreHill & Smith flags positive start to year
23rd May 2024 11:53
(Sharecast News) - Infrastructure products specialist Hill & Smith reported a positive start to the year in an update on Thursday, slightly exceeding expectations.
Read moreJames Gorman to leave Morgan Stanley at end of year
23rd May 2024 11:38
(Sharecast News) - Morgan Stanley executive chairman James Gorman announced on Thursday that he would step down from his role at the end of the year, in remarks at the bank's annual shareholder meeting.
Read moreUS pre-open: Futures higher following Nvida's Q1 earnings
23rd May 2024 11:35
(Sharecast News) - Wall Street futures were in the green ahead of the bell as investors cheered the latest set of quarterly earnings from chipmaker Nvidia after the close.
Read moreEssentra FY adjusted operating profits seen in line with expectations
23rd May 2024 11:21
(Sharecast News) - Essential components provider Essentra said on Thursday that it was on track to deliver full-year adjusted operating profits in line with internal expectations.
Read moreUK manufacturing sector rebounds in May - PMI
23rd May 2024 11:18
(Sharecast News) - The UK's under-pressure manufacturing sector rebounded in May, a closely-watched survey showed on Thursday.
Read more