News Archive
Thames Water in crisis as investors pull £500m bailout
28th Mar 2024 07:34
(Sharecast News) - Struggling UK utility Thames Water faced a funding crisis on Thursday as shareholders pulled a £500m bailout after regulators refused its demands to hit customers with massive price hikes, greater leniency for polluting waterways and pay out higher dividends, while its parent company also admitted it couldn't pay back a £190m loan.
Read moreCapricorn Energy announces $50m special divi alongside results
28th Mar 2024 07:27
(Sharecast News) - Capricorn Energy announced plans for a proposed $50m special dividend alongside its full-year results on Thursday.
Read moreThursday newspaper round-up: Energy prices, national wage, Thames Water
28th Mar 2024 07:26
(Sharecast News) - Millions of households are being urged to submit meter readings to their energy supplier this weekend to ensure they do not overpay when cheaper prices come in on Monday. The consumer champion Martin Lewis is among those urging people to get their phones, pens and notepads out so that they benefit fully from the 12.3% cut to the Ofgem energy price cap, which is altered quarterly. - Guardian
Read moreQuiz announces board changes amid subdued trading
28th Mar 2024 07:21
(Sharecast News) - Shares in clothing retailer Quiz were sliding on Thursday morning, after it reported continued subdued trading alongside significant changes to its board, as part of a strategic review.
Read moreData confirms UK fell into recession last year
28th Mar 2024 07:17
(Sharecast News) - The UK economy fell into recession in the second half of last year, according to final figures released on Thursday by the Office for National Statistics.
Read moreKeysight outbids Viavi in £1.2bn takeover of Spirent Communications
28th Mar 2024 07:09
(Sharecast News) - Keysight Technologies has reached a deal to buy Spirent Communications for £1.16bn, outbidding US peer Viavi Solutions which had already agreed to take over the UK telecoms group earlier this month.
Read moreJD Sports sees 'challenging' market as January sales slip
28th Mar 2024 07:05
(Sharecast News) - JD Sports Fashion shares jumped on Thursday as investors breathed a sigh of relief that a trading update essentially reaffirmed guidance after a profits warning in January, despite continuing "challenging" trading and flat like-for-like fourth-quarter sales.
Read moreUS close: Stocks recover from three days of losses
28th Mar 2024 00:12
(Sharecast News) - Shares on Wall Street showed signs of recovery on Wednesday, with all major indices edging higher amidst low trading volumes following three consecutive down sessions.
Read moreEurope close: Stocks edge up
27th Mar 2024 18:22
(Sharecast News) - European shares were up slightly with Germany's DAX outperforming, while shares in Swedish fashion giant H&M surged after profits smashed estimates.
Read moreLondon close: Stocks manage small gains ahead of US inflation
27th Mar 2024 15:00
(Sharecast News) - London markets managed modest gains by the close on Wednesday, as investor sentiment remained cautious ahead of a crucial US inflation report later in the week.
Read moreLondon close: Stocks manage small gains ahead of US inflation
27th Mar 2024 15:00
(Sharecast News) - London markets managed modest gains by the close on Wednesday, as investor sentiment remained cautious ahead of a crucial US inflation report later in the week.
Read moreUS open: Shares on Wall Street edge up, Trump Media jumps again
27th Mar 2024 15:00
(Sharecast News) - Shares on Wall Street were edging higher on low trading volumes following three consecutive down sessions.
Read moreFTSE 250 movers: TI Fluid slumps; Ithaca in favour
27th Mar 2024 14:38
(Sharecast News) - FTSE 250 (MCX) 19,764.13 -0.07%
Read moreGreat Western Mining posts encouraging results from Olympic Project
27th Mar 2024 13:02
(Sharecast News) - Great Western Mining released encouraging results from its ongoing exploration efforts on the Rhyolite Dome gold target on Wednesday, within its Olympic Gold Project in Nevada.
Read moreTen Lifestyle inks significant contract with Emirates NBD
27th Mar 2024 12:58
(Sharecast News) - Ten Lifestyle Group announced a significant multi-year contract with Emirates NBD, a prominent banking group in the Middle East, North Africa and Türkiye region, on Wednesday.
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