News Archive

Europe close: Stocks snap three-day losing streak after late rally

19th Mar 2024 16:05

(Sharecast News) - A positive start on Wall Street sparked a late-afternoon rally in Europe on Tuesday, helping the Stoxx 600 index to rebound after three straight days of losses.

Read more

Broker tips: Vistry, Focusrite

19th Mar 2024 15:24

(Sharecast News) - RBC Capital Markets upgraded its stance on Vistry on Tuesday as it took a fresh look at the house housebuilder following its full-year results.

Read more

Director dealings: Sthree CEO offloads shares

19th Mar 2024 15:23

(Sharecast News) - Sthree revealed on Tuesday that chief executive Timo Lehne had disposed of 31,017 ordinary shares in the FTSE 250-listed staffing business.

Read more

UAE bid for Telegraph looks over as UK govt mulls full probe of deal

19th Mar 2024 14:54

(Sharecast News) - An Abu Dhabi-backed bid for the Telegraph newspaper group looks doomed to fail after the UK government said it was minded to refer the deal to regulators for investigation amid concerns over foreign ownership.

Read more

FTSE 100 movers: Unilever rallies; housebuilders in the red

19th Mar 2024 14:41

(Sharecast News) - London's FTSE 100 was up 0.2% at 7,735.84 in afternoon trade on Tuesday.

Read more

US open: Major indices mixed as Fed policy meeting begins

19th Mar 2024 14:18

(Sharecast News) - Wall Street trading got off to a mixed start on Tuesday as market participants patiently awaited the outcome of the Federal Reserve Open Markets Committee's March policy meeting.

Read more

FTSE 250 movers: Crest Nicholson tanks on build defects; Close Bros surges

19th Mar 2024 14:07

(Sharecast News) - FTSE 250 (MCX) 19,397.84 -0.46%

Read more

Ted Baker owner ABG to appoint administrators

19th Mar 2024 13:43

(Sharecast News) - Fashion brand Ted Baker is set to call in administrators, it emerged on Tuesday.

Read more

UK lenders commit to more high street banking hubs

19th Mar 2024 13:05

(Sharecast News) - UK retail banks have committed to opening up more than 100 new shared banking hubs in an effort to preserve access to cash amid ongoing branch closures.

Read more

Majestic Wine in talks to buy Vagabond Wines - report

19th Mar 2024 12:58

(Sharecast News) - Majestic Wine is reportedly in advanced talks to buy Vagabond Wines, the London-based chain that filed notice of its intention to appoint administrators earlier this month.

Read more

Xiaomi trebles profits in fourth quarter, but 2023 sales slip

19th Mar 2024 12:51

(Sharecast News) - Adjusted profits at Chinese tech giant Xiaomi more than trebled in its fourth quarter to beat analysts' forecasts, though full-year revenues were down on 2022 as a result of a drop in smartphone sales.

Read more

Personal Group signs deal with unnamed global airline

19th Mar 2024 12:38

(Sharecast News) - Personal Group announced a landmark contract signing by its pay and reward division on Tuesday, with an undisclosed global airline, for its reward consultancy arm Innecto.

Read more

Team Internet acquires Shinez in $42m deal

19th Mar 2024 12:29

(Sharecast News) - Digital marketing specialist Team Internet Group announced the acquisition of Shinez and its subsidiaries on Tuesday to strengthen its portfolio and presence in the online marketing sector.

Read more

Mortgage Advice Bureau maintains dividend after mixed year

19th Mar 2024 12:23

(Sharecast News) - Mortgage Advice Bureau said in its final results on Tuesday that despite a challenging environment, it achieved a revenue increase of 3.8% in 2023 to £239.5m, and a notable 11.5% rise in gross profit, reaching £70.2m.

Read more

Boku profit before tax surges 178pc in 2023

19th Mar 2024 12:09

(Sharecast News) - Mobile payments specialist Boku reported a 30% jump in revenue in its 2023 results on Tuesday, to $82.7m, up from $63.8m in the prior year, with significant contributions from digital wallets and account-to-account (A2A) connections, which soared by 153% to $16.9m.

Read more