News Archive
Atos shares drop as IT firm seeks €1.2bn to pay down debt
9th Apr 2024 09:45
(Sharecast News) - Shares in struggling French IT and consulting business Atos dived on Tuesday after the company announced it as raising €1.2bn in new debt and equity as it attempts to slash its leverage position and lower debt.
Read moreProcook revenues improve in Q4
9th Apr 2024 09:36
(Sharecast News) - Kitchenware brand Procook said on Tuesday that revenues had improved in the fourth and final quarter of its trading year, with underlying pre-tax profits now seen "marginally ahead" of market expectations for a reading of £400,000.
Read moreGresham Technologies to be bought by STG Partners in £147m deal
9th Apr 2024 09:02
(Sharecast News) - Gresham Technologies said on Tuesday that it has agreed to be bought by Alliance Bidco - a company owned indirectly by funds managed or advised by US private equity firm STG Partners - in a £146.7m deal.
Read moreHvivo unveils record results and bullish growth targets
9th Apr 2024 08:58
(Sharecast News) - Shares in AIM-listed Hvivo dipped on Tuesday despite the infectious and respiratory disease treatment firm reporting a record year across all financial and operational metrics, as well as ambitious revenue targets for the coming years.
Read moreAsia report: Markets mixed ahead of US inflation print
9th Apr 2024 08:51
(Sharecast News) - Markets across the Asia-Pacific region finished with a mixed performance on Tuesday, as investors digested consumer confidence data from Japan.
Read moreBarclays upgrades Halma to 'overweight'
9th Apr 2024 08:10
(Sharecast News) - Barclays upgraded Halma on Tuesday to 'overweight' from 'equalweight' and lifted the price target to 2,650p from 2,425p.
Read moreLondon open: FTSE edges lower as investors eye US inflation data
9th Apr 2024 07:57
(Sharecast News) - London stocks edged lower in early trade on Tuesday as investors eyed the latest US inflation reading, a policy announcement from the European Central Bank and the start of earnings season across the pond later in the week.
Read moreEurope open: Shares slip as nervous investors fret over US inflation
9th Apr 2024 07:57
(Sharecast News) - European shares opened lower on Tuesday as investors took a cautious approach ahead of US inflation data later in the week and an interest rate decision from the European Central Bank.
Read morePureTech founder steps down as CEO to lead SeaPort spin-off
9th Apr 2024 07:48
(Sharecast News) - Clinical-stage biotherapeutics group PureTech has announced that its founding chief executive is to step down to lead SeaPort Therapeutics, a PureTech company she founded that has just raised $100m in Series A financing.
Read moreRenew subsidiary acquires Route One
9th Apr 2024 07:47
(Sharecast News) - Engineering services group Renew Holdings has acquired specialist engineering business Route One via its Carnell Group subsidiary for an enterprise value of £5.0m.
Read moreLondon pre-open: Stocks seen muted; retail sales growth picks up
9th Apr 2024 07:38
(Sharecast News) - London stocks were set for a muted open on Tuesday as investors continued to eye the latest policy announcement from the European Central Bank and the start of US earnings season later in the week.
Read moreTuesday newspaper round-up: Pharma companies, Puig, Thames Water
9th Apr 2024 07:31
(Sharecast News) - Rachel Reeves has said an incoming Labour government would launch a £5bn crackdown on tax avoiders to close a gap in its spending plans exposed by Jeremy Hunt scrapping the non-dom regime to finance tax cuts. Warning households and businesses that Labour was prepared to adopt tough measures to tackle tax fraud and non-compliance, Reeves said the funding would be used to pay for free school breakfast clubs and additional NHS appointments. - Guardian
Read moreRecord business wins help JTC beat growth targets for 2023
9th Apr 2024 07:26
(Sharecast News) - Fund, corporate and private client services group JTC has raised its growth guidance for the next three years after smashing its targets in 2023, helped by a record amount of new business wins.
Read moreWarpaint sees FY outlook ahead of market views
9th Apr 2024 07:25
(Sharecast News) - Warpaint said on Tuesday that its full-year outlook was set to be "ahead" of the market's current expectations following strong trading in the first quarter of 2024.
Read moreBP sees higher Q1 upstream production
9th Apr 2024 07:24
(Sharecast News) - Oil giant BP said it expected first-quarter upstream production to be higher than the previous three months.
Read more