News Archive

Motorpoint sees FY losses at 'favourable end' of expectations

4th Apr 2024 09:24

(Sharecast News) - Vehicle retailer Motorpoint said on Thursday that full-year pre-tax losses were set to be "at the favourable end" of management expectations following a strong performance in the fourth quarter.

Read more

UK new car registrations up 10.4% in March

4th Apr 2024 09:11

(Sharecast News) - UK new car registrations rose 10.4% in March, according to the Society of Motor Manufacturers, as carmakers shored up electrified demand.

Read more

Lords Group appoints new finance chief

4th Apr 2024 09:10

(Sharecast News) - Building materials distributor Lords Group announced the appointment of Stuart Kilpatrick as its new chief financial officer on Thursday, succeeding Chris Day.

Read more

Eurozone composite PMI revised to 10-month high on services strength

4th Apr 2024 09:03

(Sharecast News) - Economic activity in the eurozone's private sector expanded for the first time in ten months in March, according to revised figures released by Hamburg Commercial Bank (HCOB) on Thursday.

Read more

Kering drops £1.1bn to snap up historic building in Milan

4th Apr 2024 09:03

(Sharecast News) - French luxury giant Kering has announced that it is spending €1.3bn (£1.1bn) on a historic building in Milan, giving it one of the largest retail spaces in the city's fashion district.

Read more

CAB Payments gets Netherlands payment service provider licence, shares surge

4th Apr 2024 08:42

(Sharecast News) - CAB Payments surged on Thursday after its Dutch subsidiary secured a payment service provider licence with De Nederlandsche Bank N.V. (DNB).

Read more

Ascential lays out plans to return £850m to shareholders

4th Apr 2024 08:41

(Sharecast News) - Ascential expanded on its plans to return £850m to shareholders on Thursday, involving a tender offer to acquire up to £300m of Ascential shares, a special dividend of at least £450m, and on-market share buyback programmes to acquire £100m of Ascential shares.

Read more

Supermarket Income declares dividend, suspends scrip alternative

4th Apr 2024 08:10

(Sharecast News) - Grocery property investor Supermarket Income REIT announced an interim dividend for the quarter ended 31 March on Thursday, of 1.515p per share.

Read more

London open: FTSE nudges up ahead of services data

4th Apr 2024 08:03

(Sharecast News) - London stocks nudged up in early trade on Thursday following a mostly firmer US session, as investors eyed the latest reading on the UK services sector.

Read more

Ocado chair Haythornthwaite to step down next year

4th Apr 2024 08:03

(Sharecast News) - Ocado said on Thursday that chairman Rick Haythornthwaite will be stepping down next year "due to his increasing commitment" as the recently-appointed chair of NatWest.

Read more

Europe open: Markets subdued as investors watch incoming data

4th Apr 2024 08:03

(Sharecast News) - European stock markets were once again rangebound on Thursday morning as investors treaded with caution in light of yet more incoming economic data, which could give more clues on the short-term outlook for interest rates.

Read more

DS Smith extends Mondi offer deadline by two weeks

4th Apr 2024 07:52

(Sharecast News) - DS Smith, the packaging group at the centre of a a bidding war between UK-listed Mondi and US firm International Paper, has extended the so-called 'put up or shut up' deadline for the former to make a firm offer.

Read more

Bet365 fined £582,000 for failures at online business

4th Apr 2024 07:47

(Sharecast News) - Bet365 has been fined £582,120 by the Gambling Commission for anti-money laundering and social responsibility failures at its online business.

Read more

Drax Group signs new £150m loan

4th Apr 2024 07:38

(Sharecast News) - Power generation business Drax has signed a new £150m term-loan facility to help refinance its debt.

Read more

CMA to launch in-depth probe into Vodafone's merger with Three

4th Apr 2024 07:37

(Sharecast News) - The Competition and Markets Authority said on Thursday that it will launch an in-depth investigation into the planned £15bn merger between Vodafone and CK Hutchison's Three that was announced last year.

Read more