News Archive
London midday: Stocks maintain gains ahead of Easter break
28th Mar 2024 11:05
(Sharecast News) - London stocks were still firmer by midday on Thursday as investors shrugged off data confirming the UK fell into recession in the second half of last year.
Read moreHome Depot to buy SRS Distribution in $18.25bn deal
28th Mar 2024 10:57
(Sharecast News) - Home Depot said on Thursday that it has agreed to buy SRS Distribution, a residential specialty trade distribution company, for around $18.25bn.
Read moreUS pre-open: Futures hold steady ahead of economic data
28th Mar 2024 10:49
(Sharecast News) - US stock futures were pointing to a flat start on Wall Street on Thursday as investors paused for breath ahead of a long weekend, with yet more economic data on tap.
Read moreGerman retail sales fall unexpectedly in February
28th Mar 2024 10:21
(Sharecast News) - German retail sales unexpectedly fell in February, according to official data published on Thursday, showing that consumer spending was unable to drive economic recovery.
Read moreAsia report: Aussie stocks jump as yen languishes
28th Mar 2024 09:29
(Sharecast News) - Asia-Pacific markets finished with a mixed performance on Thursday, in a day of contrasts across the region.
Read moreJD Sports update provides 'sense of relief', says Shore Capital
28th Mar 2024 09:20
(Sharecast News) - Shore Capital has reiterated its 'buy' rating for JD Sports after a reassuring trading update from the sportswear and footwear retailer, which has given the stock a boost as it recovers after a profit warning at the start of the year.
Read moreBerenberg impressed by "exceptional" dealmaking at Diploma
28th Mar 2024 09:16
(Sharecast News) - Berenberg has hiked its target price for controls, seals and life sciences equipment firm Diploma by 16%, saying there is "a lot to like" about this week's acquisition of US-based specialty fasteners business Peerless.
Read moreInternational Public Partnerships manages 5pc dividend growth
28th Mar 2024 09:02
(Sharecast News) - Infrastructure investment company International Public Partnerships reported full-year dividend growth of 5% in its full-year results on Thursday, to 8.13p per share, in line with the increased dividend target it had set earlier.
Read more3i Infrastructure expects to hit targets with annual results
28th Mar 2024 08:42
(Sharecast News) - Infrastructure investment group 3i Infrastructure said trading towards the end of its financial year has been in line with expectations with its portfolio performing well and delivering strong earnings growth.
Read moreEurope open: Shares up as investors mull UK GDP; JD Sports in fashion
28th Mar 2024 08:41
(Sharecast News) - European shares opened higher on Thursday ahead of the Easter break as investors mulled UK GDP data confirming the economy entered recession last year and a handful of corporate updates.
Read moreLondon open: Stocks edge up as investors mull GDP data; Spirent surges
28th Mar 2024 08:00
(Sharecast News) - London stocks edged up in early trade on Thursday, taking their cue from an upbeat session on Wall Street, as investors digested data confirming the UK fell into recession in the second half of last year.
Read moreAO World sees FY profit 'at least' at top end of guidance
28th Mar 2024 07:56
(Sharecast News) - Electrical retailer AO World said on Thursday that FY24 adjusted pre-tax profit was set to be "at least" at the top end of the guided range of £28m to £33m.
Read moreUK regulator decides against in-depth probe of Aviva/AIG deal
28th Mar 2024 07:52
(Sharecast News) - Britain's Competition and Markets Authority on Thursday said it would not open an in-depth investigation into Aviva's £460m acquisition of AIG Life UK.
Read more888 reaches deal to sell US B2C operations for undisclosed amount
28th Mar 2024 07:42
(Sharecast News) - Gambling group 888 has announced that it is selling its B2C operations in the US to online sports betting and interactive gaming company Hard Rock Digital after a strategic review of the business.
Read moreLondon pre-open: Stocks seen up; GDP in focus
28th Mar 2024 07:39
(Sharecast News) - London stocks were set to rise at the open on Thursday following a positive session on Wall Street, as investors digested data confirming the UK fell into recession last year.
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