News Archive

Eurozone inflation slowed to 2.4% in March, final estimates confirm

17th Apr 2024 09:52

(Sharecast News) - The March slowdown in eurozone inflation was confirmed on Wednesday, with consumer price growth matching the 28-month low set last November.

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UK house price decline eases, but rents grow at record rate

17th Apr 2024 09:51

(Sharecast News) - The annual fall in UK house prices eased to just 0.2% in February, its lowest rate of decline in eight months, according to figures released on Wednesday by the Office for National Statistics, while rent inflation reached a record high.

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Canaccord Genuity raises target price on AO World

17th Apr 2024 09:38

(Sharecast News) - Analysts at Canaccord Genuity raised their target price on electrical retailer AO World from 52.0p to 75.0p on Wednesday after the group's trading update last week led the broker to adjust its FY24-26 estimates.

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Liontrust sees annual outflows top £6bn

17th Apr 2024 09:16

(Sharecast News) - Liontrust Asset Management reported annual outflows of more than £6bn on Wednesday, but struck an upbeat tone for the coming year.

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Safestay secures first management contract

17th Apr 2024 09:12

(Sharecast News) - Hostel operator Safestay has inked its first management contract to run the resort-based 120-bed Calpe Seafront Hostel on Spain's Costa Blanca.

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Asia report: Markets finish mixed after earlier sell-off

17th Apr 2024 09:08

(Sharecast News) - Markets across the Asia-Pacific region closed in a varied state on Wednesday, in the wake of Tuesday's widespread decline.

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Katoro Gold reports progress on multiple fronts

17th Apr 2024 09:08

(Sharecast News) - Katoro Gold said in an update on Wednesday that at the Haneti Project, it had conducted a series of technical meetings and reviews and was preparing to advance to the next stage of exploration.

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Surface Transforms expecting decent sales growth

17th Apr 2024 09:03

(Sharecast News) - Carbon fibre-reinforced ceramic disc brake materials manufacturer Surface Transforms provided detailed sales guidance for 2024 on Wednesday, in response to shareholder demand for a 'worst case' forecast.

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Agronomics investee Mosa Meat raises EUR 40m

17th Apr 2024 08:58

(Sharecast News) - Cellular agriculture investor Agronomics announced the completion of a €40m fundraising round by its portfolio company Mosa Meat on Wednesday.

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Investment performance underpins quarterly growth for Brooks Macdonald

17th Apr 2024 08:50

(Sharecast News) - Brooks Macdonald updated the market on its funds under management on Wednesday, reported a closing figure of £17.9bn at the end of March, marking a 2% increase from 31 December.

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London open: Stocks rebound from four-week low

17th Apr 2024 08:45

(Sharecast News) - UK stocks edged higher on Wednesday morning as markets rebounded after the previous day's sell-off, with investors digesting domestic inflation data and hawkish comments from the head of the Federal Reserve.

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Equals Group extends deadline as it courts two takeover offers

17th Apr 2024 08:42

(Sharecast News) - Financial services provider Equals Group updated the market on its strategic review process on Wednesday, including an extension of the 'put up or shut up' (PUSU) deadline.

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Urban Logistics upbeat as rents strengthen

17th Apr 2024 08:35

(Sharecast News) - Urban Logistics REIT struck a confident tone on Wednesday, after rents rose by nearly a quarter in the last three months of the year.

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Hunting reports rise in earnings, flags some cash challenges

17th Apr 2024 08:33

(Sharecast News) - Oil services provider Hunting said in a trading update on Wednesday that it had surpassed expectations for first-quarter EBITDA, which rose to $28.9m from $22.4m a year earlier, although it was facing challenges in managing its cash position.

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Workspace Group reports resilient fourth quarter

17th Apr 2024 08:27

(Sharecast News) - Office space provider Workspace Group reported resilient customer demand in an update on Wednesday, having completed 343 new lettings in its fourth quarter and boasting a total annual rental value of £8.7m.

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