News Archive
Logitech shares slide on surprise CFO departure
18th Mar 2024 09:00
(Sharecast News) - Swiss computer accessories giant Logitech surprised markets on Monday, announcing that chief financial officer Charles Boynton would depart in May, having served in the role for just over a year.
Read moreMarlowe to return £150m to shareholders in H1
18th Mar 2024 08:07
(Sharecast News) - Business service and regulatory software company Marlowe said on Monday that subject to completion, proposed returns of capital were expected to commence during the first half of its FY25 financial year, beginning 1 April.
Read moreNaked Wines drafts in Interpath Advisory amid tough trading - report
18th Mar 2024 08:07
(Sharecast News) - Naked Wines slid on Monday following a report the online wine retailer has drafted in debt advisers to explore refinancing options amid tough trading conditions.
Read moreLondon open: Stocks steady as investors eye rate decisions
18th Mar 2024 08:04
(Sharecast News) - London stocks were steady in early trade on Monday as investors eyed rate decisions this week from the Bank of Japan, the Federal Reserve and the Bank of England.
Read moreChemring gets €66m from EU to boost shell production
18th Mar 2024 07:51
(Sharecast News) - UK defence contractor Chemring said it had received €66.7m (£57m) from the European Union as part of a €513m funding round to enhance ammunition production capacity.
Read moreMarshalls downgrades FY outlook, cites 'challenging end markets'
18th Mar 2024 07:49
(Sharecast News) - Marshalls downgraded its profit and revenue outlook for 2024 on Monday and posted a slump in full-year profits and revenue as the landscape products manufacturer was hit by "challenging end markets".
Read moreEurope open: China data provides boost as investors eye global rate decisions
18th Mar 2024 07:42
(Sharecast News) - European shares opened higher on Monday as sentiment was lifted by upbeat data from China, while investors looked ahead to an interest rate decision from the US Federal Reserve on Wednesday after a two-day policy meeting.
Read morePfizer to cut stake in Haleon to 24% from 32%
18th Mar 2024 07:35
(Sharecast News) - Consumer healthcare company Haleon said on Monday that Pfizer plans to sell around 630m shares in the company in a public offering.
Read moreLondon pre-open: Stocks seen up as investors mull house price, manufacturing readings
18th Mar 2024 07:29
(Sharecast News) - London stocks were set to rise at the open on Monday as investors digested the latest readings on house prices and manufacturing, and eyed a UK inflation print and a policy announcement from the Federal Reserve on Wednesday.
Read moreLondon pre-open: Stocks seen up as investors mull house price, manufacturing readings
18th Mar 2024 07:29
(Sharecast News) - London stocks were set to rise at the open on Monday as investors digested the latest readings on house prices and manufacturing, and eyed a UK inflation print and a policy announcement from the Federal Reserve on Wednesday.
Read moreChina posts upbeat data, but property sector still sluggish
18th Mar 2024 07:29
(Sharecast News) - China reported upbeat economic data for the first two months of the year, beating expectations, but its troubled real estate sector still showed sluggishness.
Read moreBytes confirms Murphy's departure came amid undisclosed trading probe
18th Mar 2024 07:22
(Sharecast News) - Bytes Technology Group updated the market on the sudden recent resignation of its former chief executive officer Neil Murphy on Monday, confirming it came following revelations of undisclosed share transactions.
Read moreMonday newspaper round-up: Mike Lynch, London population, heat pumps
18th Mar 2024 07:18
(Sharecast News) - A record 6.7 million people in Britain are in financial difficulty, a campaign group has claimed, as the cost of living crisis pushes more households into debt. A survey for Debt Justice found that 13% of adults had missed three or more credit or bill payments in the last six months, a figure that rose to 29% among 18- to 24-year-olds and a quarter of 25- to 34-year-olds. - Guardian
Read moreBritish Land sells 50% stake in former Meta HQ to Royal London
18th Mar 2024 07:12
(Sharecast News) - British Land said on Monday that it has sold half its stake in London office 1 Triton Square - the former HQ of Facebook owner Meta - to Royal London Asset Management.
Read moreMolten Ventures to exit Perkbox investment
18th Mar 2024 07:11
(Sharecast News) - Venture capital firm Molten Ventures updated the market on its investment in Perkbox on Monday, after Great Hill Partners announced the merger of Vivup and Perkbox as well as an infusion of investment from the growth equity firm.
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