News Archive
European economic sentiment takes a hit in April
29th Apr 2024 10:13
(Sharecast News) - Economic sentiment took a hit across both the eurozone and the wider EU in April, according to survey data released on Monday, alongside a downturn in employment expectations.
Read moreBarclays downgrades JD Sports on Hibbett acquisition
29th Apr 2024 09:42
(Sharecast News) - Barclays downgraded JD Sports on Monday to 'equalweight' from 'overweight' and cut the price target to 140p from 165p after the retailer announced the acquisition of US rival Hibbett last week for $1.1bn.
Read moreFrance proposes acquisition of key assets from Atos
29th Apr 2024 09:38
(Sharecast News) - The French government has floated the idea of snapping up key assets from heavily indebted technology firm Atos in an effort to keep the company within the country.
Read moreUK shop price inflation drops to 28-month low
29th Apr 2024 08:45
(Sharecast News) - Price increases at UK tills fell to their lowest since the end of 2021 in April, according to figures released on Tuesday by the British Retail Consortium and NielsenIQ, as food inflation eased for the 12th straight month.
Read morePetrofac delays results, says it may need to convert existing debt to equity
29th Apr 2024 08:44
(Sharecast News) - Petrofac tumbled on Monday as it announced a delay to the publication of its full-year results and said it may have to convert a significant proportion of its existing debt to equity.
Read morePhilips shares soar on $1.1bn DOJ settlement
29th Apr 2024 08:39
(Sharecast News) - Koninklijke Philips, the Dutch healthcare giant, has finally reached a settlement with US regulators over a Respironics product recall back in 2021 worth $1.1bn, causing shares to soar by more than a third on Monday morning.
Read moreBiome Technologies shares sink as Q1 sales drop 44%
29th Apr 2024 08:28
(Sharecast News) - Shares in AIM-listed Biome Technologies plummeted by almost a third on Monday after the bioplastics and radio frequency technology business reported a poor start to the year with first-quarter sales dropping by 44%.
Read moreZenova inks £2.4m paint supply deal
29th Apr 2024 08:22
(Sharecast News) - Fire suppression specialist Zenova Group announced a two-year contract for 200,000 litres of its FP coating on Monday, with Drips and Sparks.
Read moreAsia report: Markets rise ahead of US Fed meeting
29th Apr 2024 08:20
(Sharecast News) - Stocks in the Asia-Pacific region demonstrated a robust performance on Monday, buoyed by anticipation surrounding the upcoming US Federal Reserve meeting.
Read moreEntain reprices two term loans, revises interest cost outlook
29th Apr 2024 08:15
(Sharecast News) - Betting and gambling giant Entain announced the successful repricing of two of its existing 'Term Loan B' loans on Monday, along with the pricing and allocation of fungible add-ons, in a bid to optimise its financial position.
Read moreOxford Biomedica confident as it moves away from vaccine era
29th Apr 2024 08:09
(Sharecast News) - Cell and gene therapy contract development and manufacturing organisation (CDMO) Oxford Biomedica reported stability in its core business on Monday, with a small increase in full-year core revenue for 2023, despite a 36% decrease in total revenue to £89.5m.
Read moreLondon open: Stocks gain; Blackstone strikes deal for Hipgnosis
29th Apr 2024 08:07
(Sharecast News) - London stocks rose in early trade on Monday following another record high at the end of last week.
Read moreN Brown chairman Ron McMillan to retire
29th Apr 2024 08:06
(Sharecast News) - N Brown said on Monday that chairman Ron McMillan will be retiring and stepping down from the board with effect from 30 April for personal reasons.
Read moreMcCarthy out, Adshead in as Ultimate Products chair
29th Apr 2024 08:03
(Sharecast News) - Ultimate Products, the parent of homeware brands including Salter and Beldray, announced a change in its leadership on Monday, with James 'Jim' McCarthy deciding to step down as non-executive chair from 31 July.
Read moreFrasers to repurchase up to 10m shares in new buyback programme
29th Apr 2024 08:01
(Sharecast News) - Sports Direct owner Frasers Group launched a new share buyback programme on Monday, with the business set to repurchase up to £80.0m worth of ordinary shares.
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