News Archive

Ryanair sees softer summer fares as profits take off

20th May 2024 07:36

(Sharecast News) - Budget airline Ryanair on Monday reported higher annual profits but warned that summer airfares would be softer than anticipated.

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British Land disposes of Meadowhall asset after 25 years

20th May 2024 07:34

(Sharecast News) - Real estate investment trust British Land has its 50% stake in Sheffield retail destination Meadowhall for £360m, offloading an asset it has held for 25 years.

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AstraZeneca announces $1.5bn Singapore manufacturing facility

20th May 2024 07:22

(Sharecast News) - AstraZeneca announced plans to construct a $1.5bn manufacturing facility in Singapore on Monday, dedicated to the production of antibody drug conjugates (ADCs).

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Monday newspaper round-up: Border checks, house prices, apprenticeships

20th May 2024 07:21

(Sharecast News) - Post-Brexit border checks will cost UK businesses £470m a year, the government's public spending watchdog has said. Plans to bring in border checks on goods coming from the EU faced "significant issues" including critical shortages of inspectors before their introduction last month, the National Audit Office said in a report. - Guardian

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Keywords Studios confirms £2.2bn approach from Swedish PE firm EQT

20th May 2024 07:19

(Sharecast News) - Keywords Studios said on Monday that it was "minded to accept" a £2.2bn takeover proposal from Swedish private equity firm EQT Partners if it makes a firm offer.

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Chinese banks hold benchmark lending rates steady

20th May 2024 07:14

(Sharecast News) - Chinese banks kept their benchmark lending rates unchanged after the People's Bank of China also chose to stay put on a key rate on loans it offers to lenders.

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Hilton Food sees trading in line despite tough environment

20th May 2024 07:03

(Sharecast News) - Hilton Food said trading in the year to date had been in line with expectations, with volumes and sales ahead of last year despite a challenging economic environment and lower raw materials prices in some of its markets.

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Sector movers: Miners pace gains

18th May 2024 16:31

(Sharecast News) - Miners fared best at the end of the week as metals' prices, in particular, continued to race higher.

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Europe close: Stocks end on mixed note

18th May 2024 14:56

(Sharecast News) - European shares ended on a mixed note on Friday as investors digested eurozone inflation data, although luxury goods maker Richemont surged despite a fall in fourth-quarter sales.

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Broker tips: FRP Advisory, AutoTrader

17th May 2024 16:23

(Sharecast News) - Analysts at Berenberg raised their target price on liquidators FRP Advisory from 175.0p to 200.0p on Friday, stating the group's FY24 update delivered "sizeable upgrades".

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Berenberg hikes target price on FRP Advisory

17th May 2024 16:18

(Sharecast News) - Analysts at Berenberg raised their target price on liquidators FRP Advisory from 175.0p to 200.0p on Friday, stating the group's FY24 update delivered "sizeable upgrades".

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Hummingbird announces restart at Kouroussa

17th May 2024 15:54

(Sharecast News) - Hummingbird Resources announced the remobilization of Corica Mining Services at the Kouroussa Gold Mine in Guinea on Friday, after a work stoppage on March 17.

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London close: Stocks recoup some earlier losses

17th May 2024 15:52

(Sharecast News) - London stocks remained in negative territory by Friday's close, although they managed to recoup some of the losses seen earlier in the session as Wall Street opened with positive momentum.

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Drilling to start on Oracle's Northern Zone project

17th May 2024 15:47

(Sharecast News) - Oracle Power announced on Friday that drilling is set to start next week at the Northern Zone Gold Project, 25 kilometres east of Kalgoorlie in Western Australia.

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Fulcrum Metals extends date for sale of uranium assets

17th May 2024 15:41

(Sharecast News) - Fulcrum Metals announced an extension to the completion date for the proposed sale of its Saskatchewan uranium projects to Terra Balcanica Resources on Friday.

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