News Archive
Arbuthnot hikes dividend despite fall in earnings
27th Mar 2025 07:16
(Sharecast News) - Arbuthnot Banking Group reported a profit before tax of £35.1m for 2024 on Thursday, down from £47.1m in the prior year, despite maintaining broadly stable operating income at £179.5m.
Read moreAJ Bell to sell Platinum SIPP and SSAS business to InvestAcc for £25m
27th Mar 2025 07:16
(Sharecast News) - AJ Bell said on Thursday that it has agreed to sell its Platinum SIPP and SSAS business - AJ Bell Platinum - to InvestAcc for up to £25m.
Read moreDrax signs JV deal to process byproduct for building industry
27th Mar 2025 07:04
(Sharecast News) - Drax said it has agreed a 20-year joint venture agreement with Power Minerals to build a facility to process pulverised fuel ash into material which can be sold to the construction industry and used in the production of cement with a lower carbon footprint.
Read moreNext lifts sales guidance despite cautious outlook
27th Mar 2025 07:01
(Sharecast News) - Retail giant Next boosted its sales outlook on Thursday following a strong start to the year, but warned that consumer confidence was set to deteriorate as the year progressed.
Read moreBroker tips: Ocado, Qinetiq
26th Mar 2025 16:49
(Sharecast News) - Ocado surged on Wednesday after JPMorgan Cazenove upgraded the shares to 'overweight' from 'neutral' and lifted the price target to 400p from 340p.
Read moreLondon close: Stocks higher as Reeves delivers Spring Statement
26th Mar 2025 15:01
(Sharecast News) - London stocks closed modestly higher on Wednesday, supported by investor reaction to the chancellor's Spring Statement and a larger-than-expected drop in UK inflation.
Read moreImperial Brands takes wraps off new long-term strategy, 'evergreen' buyback
26th Mar 2025 14:58
(Sharecast News) - Imperial Brands unveiled a new long-term growth strategy to 2030 on Wednesday, building on its current five-year plan with a focus on delivering sustainable value in combustibles, scaling its next generation products (NGP) business, and driving efficiencies through a more agile, data-led organisation.
Read moreArecor enters collaboration with unnamed global pharma major
26th Mar 2025 14:51
(Sharecast News) - Arecor Therapeutics announced on Wednesday that it has entered into a new collaboration with a major global pharmaceutical company to apply its proprietary Arestat technology platform to develop an enhanced formulation of the partner's proprietary product.
Read moreFTSE 100 movers: Babcock, M&S in the black
26th Mar 2025 14:24
(Sharecast News) - London's FTSE 100 was up 0.4% at 8,696.74 in afternoon trade on Wednesday.
Read moreFTSE 250 movers: Vistry slumps; Ocado delivers
26th Mar 2025 14:09
(Sharecast News) - FTSE 250 (MCX) 20,039.12 0.29%
Read moreDeutsche Bank downgrades Wetherspoons to 'sell'
26th Mar 2025 14:05
(Sharecast News) - Deutsche Bank downgraded its stance on shares of pub group JD Wetherspoon to 'sell' from 'neutral' on Wednesday, slashing the price target to 450p from 600p following interim results.
Read moreEurope close: Report of imminent US car tariffs hits shares
26th Mar 2025 13:36
(Sharecast News) - European shares were lower on Wednesday amid ongoing uncertainty and nervousness around the expected 2 April date for Washington's announcement of reciprocal trade tariffs.
Read moreKeras reports progress at Falcon Isle, appoints managing director
26th Mar 2025 13:36
(Sharecast News) - Keras Resources reported continued operational progress at its wholly-owned Falcon Isle Resources subsidiary in Utah on Wednesday, alongside the appointment of Colton Hale as managing director.
Read moreUS open: Trade tensions ruffle investors' feathers
26th Mar 2025 13:30
(Sharecast News) - Wall Street gave up its early positive start to trading following a report that the US administration might announce tariffs on the car sector specifically on the same day.
Read moreUS pre-open: Stocks set for slightly higher start
26th Mar 2025 13:14
(Sharecast News) - Stocks in the US are being called to start the session slightly in the black thanks to a better-than-expected reading on durable goods orders.
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