News Archive
Heathrow urges government to scrap £10 fee for transit passengers
11th Apr 2024 08:45
(Sharecast News) - Heathrow has called for fees on transit passengers to be scrapped, arguing that UK airports are being put at a competitive disadvantage.
Read moreBarclays downgrades asset managers Jupiter and Liontrust
11th Apr 2024 08:45
(Sharecast News) - Barclays has downgraded its ratings of asset managers Jupiter and Liontrust, saying flows for firms UK and European are still underwhelming despite markets performing well.
Read moreLondon open:
11th Apr 2024 08:03
(Sharecast News) - London stocks nudged up in early trade on Thursday ahead of the latest policy announcement from the European Central Bank and PPI reading in the US, as investors continued to mull the impact of the hotter-than-expected US inflation print.
Read moreJPMorgan upgrades Marks & Spencer to 'overweight'
11th Apr 2024 07:54
(Sharecast News) - JPMorgan Cazenove upgraded Marks & Spencer on Thursday to 'overweight' from 'neutral' and lifted the price target to 330p from 260p as it took a look at European general retail.
Read moreEurope open: Markets subdued as interest-rate uncertainty prompts caution
11th Apr 2024 07:53
(Sharecast News) - Stock markets across Europe opened flat on Thursday with investors exercising caution after an upside surprise in US inflation data rattled markets the previous day.
Read moreSocGen to sell professional equipment financing business for €1.1bn
11th Apr 2024 07:47
(Sharecast News) - Societe Generale said on Thursday that it has agreed to sell its professional equipment financing businesses to Groupe BPCE for €1.1bn.
Read moreFortress Investment to acquire Poundstretcher
11th Apr 2024 07:45
(Sharecast News) - Discount retailer Poundstretcher will be acquired by Fortress Investment Group for an undisclosed sum.
Read moreShurgard to buy Lok'nStore in £378m deal
11th Apr 2024 07:42
(Sharecast News) - Self-storage firm Lok'nStore said on Thursday that it has agreed to be bought by Belgian rival Shurgard in a £378m deal.
Read moreAlpha FMC reiterates guidance as trading picks up in Q4
11th Apr 2024 07:35
(Sharecast News) - Financial services consultancy Alpha FMC has reiterated expectations after an improvement in trading conditions through its fourth quarter and into the new financial year.
Read moreLondon pre-open: Stocks seen up as investors eyed ECB
11th Apr 2024 07:31
(Sharecast News) - London stocks were set to rise on Thursday ahead of the latest policy announcement from the European Central Bank and PPI reading in the US, as investors continued to mull the impact of a hotter-than-expected US inflation print a day earlier.
Read moreDarktrace lifts, focuses full-year guidance
11th Apr 2024 07:23
(Sharecast News) - Cybersecurity specialist Darktrace reported solid growth in both operating and financial metrics in the March quarter on Thursday, as it raised its full-year guidance.
Read moreThursday newspaper round-up: Border controls, McKinsey, KPMG
11th Apr 2024 07:21
(Sharecast News) - New post-Brexit UK border controls coming into force later this month will cost British businesses £2bn and fuel higher inflation, according to a report warning that UK-EU trade will be damaged as a result. With less than a month before the introduction of new checks on animal and plant products from 30 April, the insurer Allianz Trade said the controls agreed under Boris Johnson's Brexit deal could add 10% to import costs over the first year. - Guardian
Read moreAstraZeneca to hike 2024 dividend by 7%
11th Apr 2024 07:20
(Sharecast News) - Biopharma giant AstraZeneca has announced that it will increase its annual dividend by 7%, which the board said demonstrates its confidence in the company's performance and cash generation.
Read moreRate cuts 'should be a way off' - BoE's Greene
11th Apr 2024 07:16
(Sharecast News) - The Bank of England's Megan Greene has cautioned against near-term cuts to interest rates, citing ongoing inflationary pressures.
Read moreGreat Portland Estates upbeat after 'strong' quarter
11th Apr 2024 07:03
(Sharecast News) - Great Portland Estates struck an upbeat note on Thursday, on the back of strong demand and a likely cut in interest rates.
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