News Archive

Thousands of UK firms fighting for survival - Begbies Traynor

26th Apr 2024 11:21

(Sharecast News) - More than half a million UK business are fighting for survival, according to an industry research published on Friday, weighed down by the weak economy.

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US pre-open: Futures higher ahead of Friday's PCE reading

26th Apr 2024 10:44

(Sharecast News) - Wall Street futures were in the green ahead of the bell on Friday as market participants looked ahead to some key inflation data later in the session.

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Thruvision FY24 adjusted underlying losses widen

26th Apr 2024 10:40

(Sharecast News) - Security technology business Thruvision said on Friday that adjusted underlying losses had widened in FY24 as revenues fell.

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Shares in CVC jump on market debut

26th Apr 2024 10:27

(Sharecast News) - Shares in CVC Capital Partners sparked on Friday, as trading got underway in the European private equity firm.

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Proteome Sciences secures contract win with US biopharmaceutical firm

26th Apr 2024 09:45

(Sharecast News) - Contract proteomics service Proteome Sciences has secured a contract win from a US biopharmaceutical company using the company's mass spectrometry services for the analysis of samples for an on-going clinical trial.

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Loungers FY24 underlying earnings seen ahead of market expectations

26th Apr 2024 09:38

(Sharecast News) - Bar and restaurant operator Loungers said on Friday that it had seen continued strong like-for-like sales growth in the 53 weeks ended 21 April and now expects full-year underlying earnings to come in ahead of expectations.

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Jefferies hikes Pensionbee target, expects rally to continue

26th Apr 2024 09:32

(Sharecast News) - Jefferies has hiked its target price for Pensionbee by more than 60% after first-quarter results came in ahead of expectations, saying the pension provider has a large market opportunity to expand in the US.

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Shore Capital rates NatWest a 'buy', but upside limited

26th Apr 2024 09:17

(Sharecast News) - Shore Capital has reiterated its 'buy' rating on UK banking group NatWest after a forecast-beating first quarter, but said it sees the least amount of upside potential in the stock compared with the wider banking sector.

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Tekcapital's Innovative Eyewear enters deal with New Look Vision

26th Apr 2024 09:00

(Sharecast News) - Intellectual property investor Tekcapital announced on Friday that its investee Innovative Eyewear, the developer of ChatGPT-enabled smart eyewear under various brands, was launching its 'Lucyd' smart frames in 10 selected New Look Vision Group stores across Quebec and at New Look's online store.

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Asia report: Most markets rise as Japan maintains interest rates

26th Apr 2024 08:58

(Sharecast News) - Stock markets in the Asia-Pacific region closed mostly higher on Friday, with the yen in focus after the Bank of Japan decided to maintain interest rates.

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Record reports solid rise in assets under management

26th Apr 2024 08:53

(Sharecast News) - Specialist currency and asset manager Record said in a trading update on Friday that in the 2024 financial year, its assets under management equivalent (AUME) jumped 17% to $102.2bn.

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Gym Group enlists Savills to help with site selection

26th Apr 2024 08:47

(Sharecast News) - Low-cost gym operator the Gym Group announced on Friday that it has enlisted the expertise of Savills to assist in its site selection process, as it embarked on a strategic expansion plan.

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Darktrace agrees to be bought by Thomas Bravo in $5bn deal

26th Apr 2024 08:42

(Sharecast News) - Darktrace announced on Friday that the newly-formed Thoma Bravo entity, Luke Bidco, had agreed to acquire it in an all-cash deal.

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Sainsbury's kicks off £200m share buyback programme

26th Apr 2024 08:32

(Sharecast News) - Sainsbury's kicked off its share buyback programme on Friday, having announced it on 7 February, aiming to repurchase up to £200m of shares by the end of the current financial year.

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Carnival concludes private offering, reprices senior notes

26th Apr 2024 08:18

(Sharecast News) - Carnival announced on Friday that it has concluded its private offering of €500m in 5.75% senior unsecured notes, due 2030.

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