News Archive

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.

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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.

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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%

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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.

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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.

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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.

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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.

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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.

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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.

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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.

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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.

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US housing starts surge in February, building permits rise

19th Mar 2024 12:08

(Sharecast News) - Both building permits and housing starts surged across the US in February, according to the Census Bureau, beating forecasts.

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Fintel earnings rise as it expands through acquisitions

19th Mar 2024 12:04

(Sharecast News) - Financial technology and support specialist Fintel reported a 5.6% increase in adjusted EBITDA in its 2023 results on Tuesday, to £20.5m, with a margin improvement to 31.5%.

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Europe midday: Shares down on caution over rate-cut timing

19th Mar 2024 11:47

(Sharecast News) - European shares were in the doldrums on Tuesday as investors digested Japan's decision to finally lift interest rates and cast their eyes to the US as central bankers prepared to start their latest policy meeting for any hint on when borrowing costs might come down.

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Tesco loses appeal over Lidl trademark infringement

19th Mar 2024 11:43

(Sharecast News) - Tesco, the UK's largest retailer, faced defeat in an appeal regarding a trademark infringement case brought against it by the privately-held limited assortment discounter Lidl, it emerged on Tuesday.

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