News Archive

Majestic rescues Vagabond Wines from administration, saves 170 jobs

5th Apr 2024 07:40

(Sharecast News) - Wine retailer Majestic has bought struggling wine bar chain Vagabond Wines, safeguarding 170 jobs and saving nine of its 12 bars from closure.

Read more

Alliance Pharma to delay release of 2023 results

5th Apr 2024 07:39

(Sharecast News) - Shares in Alliance Pharma slipped on Friday after the healthcare company said that its full-year results would be delayed.

Read more

London pre-open: FTSE seen flat ahead of payrolls

5th Apr 2024 07:38

(Sharecast News) - London stocks were set for a muted open on Friday as investors eyed the all-important non-farm payrolls release, and mulled data showing that UK house prices fell for the first time in six months in March.

Read more

Friday newspaper round-up: Energy bills, working from home, music industry

5th Apr 2024 07:29

(Sharecast News) - The number of households seeking help to deal with court action over their unpaid energy bills has doubled in the last year, according to Citizens Advice. The charity said suppliers were increasingly opting to take their customers to court to recover their energy debts, which could ruin household finances for years. It said the use of legal action to pursue unpaid bills appeared to have increased since the industry regulator, Ofgem, introduced strict restrictions on the forced installation of prepayment meters. - Guardian

Read more

AstraZeneca announces positive lung cancer treatment trial results

5th Apr 2024 07:23

(Sharecast News) - AstraZeneca announced positive high-level results from a phase three trial demonstrating significant advancements in the treatment of limited-stage small cell lung cancer (LS-SCLC) on Friday.

Read more

Shell lifts production guidance for first quarter

5th Apr 2024 07:13

(Sharecast News) - Oil and gas titan Shell has raised its short-term production forecasts and said it expects an increase in margins as it updated its guidance for the first quarter on Friday.

Read more

House prices fall for first time in six months - Halifax

5th Apr 2024 07:00

(Sharecast News) - UK house prices fell for the first time in six months in March as the drop in mortgage rates stalled, according to figures released by Halifax on Friday.

Read more

US close: Fedspeak sinks shares ahead of jobs report

4th Apr 2024 21:41

(Sharecast News) - US stocks fell sharply on Thursday with the Dow falling for the fourth straight day after a late-afternoon slump on the back of hawkish comments from members of the Federal Reserve.

Read more

Europe close: Stocks rise, but risk appetite wanes ahead of US NFP data

4th Apr 2024 17:01

(Sharecast News) - European stocks inched higher on Thursday as investors refrained from taking on too much risk in light of ongoing uncertainty around monetary policy.

Read more

Google parent Alphabet reportedly eyeing up HubSpot

4th Apr 2024 16:04

(Sharecast News) - Google's parent Alphabet is reportedly considering making an offer to acquire HubSpot, an online marketing software firm valued at $35bn.

Read more

London close: Stocks manage gains ahead of US payrolls report

4th Apr 2024 15:58

(Sharecast News) - London markets closed higher on Thursday, driven by a robust showing from the mining sector and as investors contemplated the UK services sector's latest figures.

Read more

Broker tips: Burberry, Ryanair, BT Group

4th Apr 2024 15:53

(Sharecast News) - RBC Capital Markets cut its price target on Burberry on Thursday to 1,200p from 1,500p as it reduced estimates ahead of the full-year results, which it said are unlikely to surprise positively.

Read more

Director dealings: Breedon chairman ups stake via Abicad

4th Apr 2024 15:46

(Sharecast News) - Breedon Group revealed on Thursday that chairman Amit Bhatia had purchased 1.5m ordinary shares in the London-listed construction materials firm via his interest in Abicad Holding Limited.

Read more

Sector movers: Lenders and industrial miners pace gains amid search for yield

4th Apr 2024 15:24

(Sharecast News) - Lenders' and miners' shares helped London's top-flight index outperform amid a renewed focus on the part of some investors on so-called 'value' stocks.

Read more

US open: Stocks trade higher, Dow reverses yesterday's losses

4th Apr 2024 15:20

(Sharecast News) - Wall Street stocks were in the green early on Thursday following a third-straight losing session for the blue-chip Dow Jones Industrial Average.

Read more