News Archive
Sector movers: Stocks keep pushing higher as Gilt yields dip
15th May 2024 16:20
(Sharecast News) - Interest rate sensitive areas of the market were again to the fore on Wednesday, helping London's main stock market gauges set fresh record highs.
Read moreBroker tips: DCC, Shell
15th May 2024 15:59
(Sharecast News) - RBC Capital Markets lifted its price target on DCC on Wednesday to 5,800.0p from 5,700.0p after the group published its full-year results a day earlier.
Read moreEurope close: Stocks at fresh highs as Eurozone exits recession, US CPI pleases
15th May 2024 15:58
(Sharecast News) - European shares pushed through to fresh record highs on Wednesday as the eurozone exited recession and US consumer prices dipped in year-on-year terms in April, as expected.
Read moreWood Group rejects 212p a share takeover proposal from Sidara, shares tumble
15th May 2024 15:38
(Sharecast News) - Wood Group tumbled on Wednesday after saying it had rejected a second, improved £1.5bn takeover proposal from Dubai-based engineering and consulting company Sidara.
Read moreUS open: Stocks higher following CPI reading
15th May 2024 15:26
(Sharecast News) - Wall Street stocks were in the green early on Wednesday as market participants digested April's all-important consumer price index report.
Read moreThames Water investors set to quit boards - report
15th May 2024 15:21
(Sharecast News) - Representatives of Thames Water's multinational syndicate of shareholders are reportedly set to quit as directors of its corporate entities after refusing to inject the billions of pounds of funding required to bail it out.
Read moreLondon close: Stocks green as US inflation comes in cooler
15th May 2024 15:00
(Sharecast News) - London markets ended on a positive note on Wednesday, with strong showings from the likes of Experian and Imperial Brands, as investors digested slower-than-expected consumer inflation figures out of the United States.
Read moreFTSE 250 movers: IDS surges on new EP offer; Georgia banks tumble on unrest
15th May 2024 14:59
(Sharecast News) - FTSE 250 (MCX) 20,784.13 0.80%
Read moreRoyal Mail owner IDS recommends revised £3.5bn takeover offer from EP Group
15th May 2024 14:40
(Sharecast News) - Shares in Royal Mail owner International Distributions Services (IDS) surged on Wednesday afternoon after its board recommended a revised offer from billionaire Daniel Křetínský's EP Group which values the company at £3.5bn.
Read moreFTSE 100 movers: Experian surges; Burberry falls on results
15th May 2024 14:23
(Sharecast News) - London's FTSE 100 was up 0.1% at 8,439.32 in afternoon trade on Wednesday.
Read moreHarland & Wolff hits back at 'misleading' report over possible closure
15th May 2024 13:58
(Sharecast News) - UK shipbuilder Harland & Wolff has dismissed "misleading and inaccurate" suggestions that it could close after a newspaper report stated the government was about to block a financial support package to keep the Belfast firm afloat.
Read moreTop Mission Group shareholder says Brave Bison bid 'highly unattractive'
15th May 2024 13:06
(Sharecast News) - A top Mission Group shareholder said on Wednesday that Brave Bison's 29p-a-share takeover offer for the digital marketing agency was "highly unattractive".
Read moreAlba reports better-than-expected waste tip gold findings
15th May 2024 13:05
(Sharecast News) - Alba Mineral Resources announced the successful extraction of high-grade gold from samples obtained during the trenching programme at the historic waste tip within its wholly-owned Clogau-St David's Gold Mine in North Wales on Wednesday.
Read moreAbingdon Health launching saliva pregnancy test with Boots
15th May 2024 13:00
(Sharecast News) - Lateral flow contract development and manufacturing organisation Abingdon Health announced the launch of Boots' own-brand saliva pregnancy self-test across the UK and online on Wednesday, in collaboration with Salignostics and Crest Medical.
Read moreCommerzbank ups NII guidance after stellar Q1
15th May 2024 12:55
(Sharecast News) - German banking group Commerzbank has raised its forecast for net interest income by €200m after a strong performance in the first three months of the year - its best quarter in more than a decade.
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