News Archive

M&C Saatchi upbeat after 'strong' year

27th Mar 2025 08:34

(Sharecast News) - Advertising agency M&C Saatchi posted a jump in annual earnings on Thursday, and said it was on track to meet market expectations for the current year.

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H&M posts weaker-than-expected Q1 sales

27th Mar 2025 08:33

(Sharecast News) - Swedish fashion retailer H&M reported weaker-than-expected first quarter sales amid continuing sluggish demand for its clothing range and increased discounting.

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Naked Wines outlines new strategic plan, shares surge

27th Mar 2025 08:17

(Sharecast News) - Naked Wines surged on Thursday as investors welcomed the company's new strategic plan to deliver "significant cash, distributions, and sustainable profitable growth".

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CLS Holdings agrees to sell Spring Mews student block

27th Mar 2025 08:12

(Sharecast News) - CLS Holdings announced on Thursday that it has agreed to sell its student accommodation asset at Spring Mews in Vauxhall, London, for £101.1m in cash to a joint venture between Rosethorn Capital Partners and Barings.

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US close: Stocks slide on automotive tariff concerns

27th Mar 2025 08:08

(Sharecast News) - Wall Street ended lower on Wednesday, weighed down by renewed trade concerns after reports suggested the US administration may impose tariffs on the automotive sector.

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Robinson makes 'strong progress' in FY24

27th Mar 2025 08:01

(Sharecast News) - Packaging business Robinson said on Thursday that it had made "strong progress" in FY24.

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London open: Stocks fall on Trump auto tariffs; Next bucks trend

27th Mar 2025 07:57

(Sharecast News) - London stocks fell in early trade on Thursday, taking their cue from a downbeat session on Wall Street after Donald Trump announced a new 25% tariff on all imported cars and car parts.

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Capricorn Energy optimistic after 'pivotal' year

27th Mar 2025 07:40

(Sharecast News) - Capricorn Energy said on Thursday that 2024 had been a "pivotal" year for the oil and gas producer, with crucial negotiations with the Egyptian authorities on track to conclude in the coming months.

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Former Mobico CEO Phil White returns as chair

27th Mar 2025 07:38

(Sharecast News) - Transport operator Mobico has appointed Phil White as chair with effect from 1 May 2025, replacing Helen Weir.

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Europe open: Auto stocks battered as Trump imposes 25% tariffs

27th Mar 2025 07:33

(Sharecast News) - European shares slumped at the open on Thursday as US President Donald Trump said he would hit all car and related parts imports with 25% tariffs from April 2.

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London pre-open: Stocks seen lower as Trump announces 25% auto tariffs

27th Mar 2025 07:33

(Sharecast News) - London stocks were set to fall at the open on Thursday following a downbeat session in the US, after Donald Trump announced a new 25% tariff on all imported cars.

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Trump to slap 25% tariffs on all US vehicle, parts imports as trade war escalates

27th Mar 2025 07:32

(Sharecast News) - US President Donald Trump escalated his global trade war overnight, announcing plans to impose swingeing 25% tariffs on all vehicle imports and parts only days before levies on other goods take effect.

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LondonMetric agrees acquisition of Highcroft Investments

27th Mar 2025 07:28

(Sharecast News) - LondonMetric Property has agreed to acquire Highcroft Investments in a recommended all-share deal, it announced on Thursday, that values the UK real estate investment trust at £43.8m.

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Thursday newspaper round-up: Retailers, Trump tariffs, tax rises

27th Mar 2025 07:21

(Sharecast News) - Major investors including Axa and Scottish Widows are backing shareholder resolutions pressing retailers Next, Marks & Spencer and JD Sports to increase pay for thousands of workers. More than 100 individuals and eight institutional investors, which manage over £1tn in assets, are backing an effort to encourage companies to pay a "real living wage", which is designed to ensure workers can cover necessary household costs. - Guardian

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Sage CFO Jonathan Howell to step down, replaced by Jacqui Cartin

27th Mar 2025 07:18

(Sharecast News) - Sage Group said chief financial officer Jonathan Howell would step down at the end of the year to focus on non-executive work and be replaced by Jacqui Cartin, currently financial controller at EVP Group.

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