News Archive

Helical sells share in JJ Mack Building for £71.4m

1st Nov 2024 09:40

(Sharecast News) - Helical announced on Friday that it has completed the sale of its 50% interest in the JJ Mack Building, London EC1, to joint venture partner AshbyCapital for £71.4m.

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BNP Paribas Exane upgrades Schroders ahead of Q3 results

1st Nov 2024 09:36

(Sharecast News) - BNP Paribas Exane upgraded Schroders on Friday to 'outperform' from 'neutral' ahead of third-quarter results next week, as it pointed to improving momentum and an attractive valuation.

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UK manufacturing sector contracts in October

1st Nov 2024 09:34

(Sharecast News) - UK manufacturing activity contracted in October ahead of the Budget, according to a survey released on Friday.

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Japan downgrades GDP growth forecast

1st Nov 2024 09:33

(Sharecast News) - Japan's Cabinet Office has cut its economic growth predictions for the second time in four months as slowing global demand weighs on exports.

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Canaccord Genuity lowers target price on Braemar

1st Nov 2024 09:30

(Sharecast News) - Analysts at Canaccord Genuity lowered their target price on shipbroking services business Braemar from 410.0p to 380.0p on Friday following the recently announced increase to the UK Employers National Insurance rate.

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RBC Capital starts W7 owner Warpaint at 'outperform'

1st Nov 2024 09:10

(Sharecast News) - RBC Capital Markets initiated coverage of Warpaint on Friday with an 'outperform' rating and 685p price target.

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Residential Secure Income changes asset management arrangements

1st Nov 2024 08:51

(Sharecast News) - Residential Secure Income announced changes to its asset management arrangements on Friday, following the launch of a new partnership between Gresham House and Thriving Investments.

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Europe open: Stocks snap three-day losing streak ahead of US data

1st Nov 2024 08:13

(Sharecast News) - European stocks rebounded on Friday as investors went bargain hunting with markets at an 11-week low, amid optimism that China's economy is showing tentative signs of a recovery.

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London open: Stocks gain ahead of payrolls; Reckitt surges

1st Nov 2024 08:04

(Sharecast News) - London stocks rose in early trade on Friday as investors digested the latest house price and retail industry data and looked ahead to the US non-farm payrolls report.

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Solid State acquires Q-Par Antennas USA

1st Nov 2024 08:03

(Sharecast News) - Value-added components supplier Solid State has acquired Q-Par Antennas USA for a maximum consideration of up to $2.0m.

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Boohoo appoints Dan Finley as CEO

1st Nov 2024 08:02

(Sharecast News) - Boohoo said on Friday that it has appointed the current boss of Debenhams, Dan Finley, as its new chief executive, just days after shareholder Frasers Group urged the online fashion retailer to replace its CEO with Mike Ashley.

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House price growth slows in October - Nationwide

1st Nov 2024 07:47

(Sharecast News) - UK house price growth slowed in October, according to figures released on Friday by Nationwide.

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Reckitt, Abbott clears of liability in latest baby formula trial

1st Nov 2024 07:43

(Sharecast News) - Consumer health products group Abbott and Reckitt have been cleared of liability in a trial investigating whether they hid bowel disease risks associated with premature-baby formula.

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London pre-open: Stocks to nudge down as investors mull house price, retail data

1st Nov 2024 07:39

(Sharecast News) - London stocks were set to nudge lower at the open on Friday as investors digest the latest house price and retail industry data.

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London pre-open: Stocks to nudge down as investors mull house price, retail data

1st Nov 2024 07:39

(Sharecast News) - London stocks were set to nudge lower at the open on Friday as investors digest the latest house price and retail industry data.

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