News Archive

Centaur Media soars on takeover approach from Dutch PE firm

10th Apr 2024 15:57

(Sharecast News) - Shares in Centaur Media soared on Wednesday afternoon after the publishing, events and marketing company confirmed speculation about a takeover approach from a Dutch private equity firm.

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Europe close: Stocks pare gains after stronger US inflation data

10th Apr 2024 15:46

(Sharecast News) - A upside surprise in US inflation caused a sell-off across Europe on Wednesday afternoon, with markets trimming earlier gains, but a late recovery helped keep stocks above water by the close of trade.

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FTSE 250 movers: Real estate stocks dive after US inflation surprise

10th Apr 2024 15:43

(Sharecast News) - Real estate stocks dived in late-afternoon trade on Wednesday, sending the FTSE 250 into the red, after a bigger-than-expected jump in US inflation.

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Broker tips: AO World, Spirent Communications, RS Group

10th Apr 2024 15:22

(Sharecast News) - Shore Capital upgraded AO World on Wednesday to 'buy' from 'hold' as it said the online electricals company was "emerging as a capital-light cash compounder" within an industry it believes will "accommodate for margin recovery over the short term" and was at a volume trough versus the past ten years.

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Director dealings: Roadside Real Estate chairman's wife snaps up shares

10th Apr 2024 15:18

(Sharecast News) - Roadside Real Estate revealed on Wednesday that chairman Charles Dickson's wife, Helen, had acquired 879,678 ordinary shares in the AIM-listed real estate business.

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Sector movers: Miners hit by U.S. dollar strength after 'hot' CPI

10th Apr 2024 15:13

(Sharecast News) - A stronger-than-expected reading on the U.S. Consumer Price Index for March propelled the Greenback higher, as traders priced out the possibility of an interest rate cut at the Federal Reserve's June policy meeting.

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US open: Stocks lower following hotter-than-expected CPI print

10th Apr 2024 15:08

(Sharecast News) - Wall Street stocks were firmly in the red early on Wednesday as market participants digested a hotter-than-expected March consumer price index.

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London close: Stocks finish higher as US inflation tops forecasts

10th Apr 2024 15:00

(Sharecast News) - London's stock markets closed positively on Wednesday, as investors processed a higher-than-anticipated inflation report from the US, while Tesco paced the gains following favourable results.

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FTSE 100 movers: Tesco jumps on results; miners retreat

10th Apr 2024 13:53

(Sharecast News) - London's FTSE 100 was down 0.2% at 7,922.95 in afternoon trade on Wednesday.

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Thursday preview: ECB decision, US producer prices in the spotlight

10th Apr 2024 13:24

(Sharecast News) - The market spotlight on Thursday will be squarely on the European Central Bank's policy meeting.

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Nexxen International repays $100m of debt

10th Apr 2024 13:20

(Sharecast News) - Connected TV advertising technology specialist Nexxen International said in an update on Wednesday that it repaid its outstanding debt under the secured term loan 'A' and the revolving credit facility on 9 April.

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Helium One Global reports progress at Rukwa Project

10th Apr 2024 13:15

(Sharecast News) - Tanzania-focussed helium explorer Helium One reported progress and updated on strategic initiatives at its Rukwa Project in an update on Wednesday.

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US CPI rises a tad more quickly than expected in March

10th Apr 2024 13:11

(Sharecast News) - The cost of living in the U.S. rose by more than expected last month amid gains in the cost of energy, clothing and medical care services.

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Caledonia Mining reports rise in Blanket Mine gold production

10th Apr 2024 13:06

(Sharecast News) - Caledonia Mining reported a notable increase in gold production from its Blanket Mine in Zimbabwe for the first quarter of 2024 on Wednesday, despite a reduction in production days compared to the same period in 2023.

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Ted Baker's US licensing partner said to be eyeing UK operations

10th Apr 2024 13:04

(Sharecast News) - Ted Baker's US licensing partner is reportedly a leading contender to take control of the fashion brand's British operation weeks after it collapsed into administration.

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