News Archive
FRP Advisory FY profits seen ahead of expectations
17th May 2024 09:58
(Sharecast News) - Business advisory firm FRP Advisory said on Friday that both full-year revenue and profits were set to come in ahead of expectations, leaving the group confident for the year ahead.
Read moreEurozone inflation steady in April
17th May 2024 09:04
(Sharecast News) - Eurozone inflation was unchanged in April, as expected, according to figures released by Eurostat on Friday.
Read moreRenold renews partnership with British Cycling
17th May 2024 08:32
(Sharecast News) - Renold said on Friday that it has renewed its partnership with British Cycling for a further three years.
Read moreEurope open: Shares fall again, China data mixed; Richemont surges
17th May 2024 08:18
(Sharecast News) - European shares continued in downbeat mood on Friday after losses a day earlier snapped a nine-day winning streak, while luxury goods maker Richemont surged despite a fall in fourth-quarter sales.
Read moreLondon open: FTSE edges down after US losses; Landsec in focus
17th May 2024 08:11
(Sharecast News) - London stocks edged lower in early trade on Friday following a downbeat close on Wall Street.
Read moreSainsbury's enters five-year AI partnership with Microsoft
17th May 2024 08:10
(Sharecast News) - J Sainsbury announced a five-year partnership with Microsoft on Friday, aimed at enhancing customer and colleague experiences through artificial intelligence (AI).
Read moreLondon pre-open: Stocks seen lower after Wall Street losses
17th May 2024 07:33
(Sharecast News) - London stocks were set to fall at the open on Friday following a downbeat close on Wall Street.
Read moreGSK raises £1.25bn from sale of remaining Haleon stake
17th May 2024 07:29
(Sharecast News) - GSK said on Friday that it has sold its remaining 4.2% stake in consumer health business Haleon, which it spun off in July 2022.
Read moreChina moves to spark housing market; Eco data paints mixed picture
17th May 2024 07:28
(Sharecast News) - The Chinese central bank moved again to help the struggling property sector on Friday by relaxing lending rules and offering to buy commercial real estate, as data showed house prices in major cities fell last month.
Read moreFriday newspaper round-up: Bank branches, mortgages, Northern Rock
17th May 2024 07:26
(Sharecast News) - The number of UK bank branches that have shut their doors for good over the last nine years will pass 6,000 on Friday, and by the end of the year the pace of closures may leave 33 parliamentary constituencies - including two in London - without a single branch. The tally is being published by the consumer group Which? as it seeks to make the "avalanche" of closures and the "disastrous" impact they can have on local communities an election battleground. - Guardian
Read moreUnilever licks off first tranche of share buyback programme
17th May 2024 07:22
(Sharecast News) - Unilever announced the start of its €1.5bn share buyback programme on Friday, kicking off the first tranche of up to €850m worth of shares.
Read moreLand Securities nearly halves FY losses
17th May 2024 07:22
(Sharecast News) - Commercial properties business Land Securities said on Friday that losses had nearly halved in the twelve months ended 31 March amid continued operational strength, as values for best assets began to stabilise.
Read moreSirius Real Estate raises €59.9m in bond tap for acquisitions
17th May 2024 07:07
(Sharecast News) - Business park owner Sirius Real Estate said it had raised €59.9m through a bond note issue to fund a "significant pipeline" of potential acquisitions.
Read moreUS close: Stocks fall as markets retreat from record highs
16th May 2024 20:22
(Sharecast News) - US stock markets finished lower on Thursday, dropping into the red in afternoon trade, as investors took profits amid a barrage of economic data after Wall Street's three main indices all hit record highs the previous session.
Read moreGSK to sell entire 4.2% remaining stake in Haleon
16th May 2024 17:02
(Sharecast News) - GSK said on Thursday that it plans to sell its entire remaining 4.2% stake in Haleon.
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