News Archive
Currys lifts FY guidance as trading improves
18th Mar 2024 07:04
(Sharecast News) - UK electrical retailer Currys lifted guidance as it reported stronger-than-expected sales since the busy Christmas period.
Read moreSunday newspaper round-up: Nationwide, Direct Line, Rolls-Royce
17th Mar 2024 22:57
(Sharecast News) - Nationwide's bid to create the UK's second-largest savings and loans group by taking over Virgin Money may be derailed if its members get a say on whether the deal goes through or not. It would take just 500 Nationwide members depositing £50 each one to convene a special meeting and ask for a vote on the deal. Furthermore, preparations for a vote would keep Nationwide from meeting the 4 April deadline for making a binding offer under Takeover Panel rules. However, the society says that its existing legal advice is that no vote is required. - Financial Mail on Sunday
Read moreEurope close: EU markets deliver mixed performance
15th Mar 2024 17:16
(Sharecast News) - European markets delivered a mixed performance on Friday while LPP Group shares were suspended after short seller Hindenburg Research claimed the Polish retailer's Russian divestments were a "sham", causing the stock to plunge.
Read moreBroker tips: Intertek, Mondi, CVS Group
15th Mar 2024 16:44
(Sharecast News) - Analysts at Shore Capital downgraded Intertek from 'hold' to 'sell' on Friday following the group's recent results.
Read moreFTSE 250 movers: Bodycote gains on results; no Friday Currys for JD.com
15th Mar 2024 15:34
(Sharecast News) - FTSE 250 (MCX) 19,514.94 0.15%
Read moreUS open: Stocks lower as inflation data weighs on markets
15th Mar 2024 15:24
(Sharecast News) - Wall Street stocks were in the red early on Friday as a week dominated by inflation data gets set to draw to a close.
Read moreLondon close: Stocks finish mixed after Reckitt compo blow
15th Mar 2024 15:07
(Sharecast News) - London's equity markets finished in a mixed state at the end of a quiet trading session on Friday, after another hotter-than-expected US inflation reading overnight.
Read moreWishbone Gold reports positive results from Cottesloe drilling
15th Mar 2024 14:43
(Sharecast News) - Wishbone Gold unveiled encouraging results from its ongoing diamond drilling at the Cottesloe Project on Friday, a venture it wholly owns.
Read moreSheffield Resources takes 10pc stake in Capital Metals
15th Mar 2024 14:35
(Sharecast News) - Capital Metals, a mineral sands company advancing towards mine development at the high-grade Eastern Minerals Project in Sri Lanka, announced on Friday that the ASX-listed Sheffield Resources had acquired 10% of the firm.
Read moreGenedrive receives R&D tax credit, plans fundraise
15th Mar 2024 14:27
(Sharecast News) - Point-of-care pharmacogenetic testing company Genedrive announced the receipt of a research and development tax credit totalling £0.8m on Friday, taking its unaudited cash balances to £1.2m.
Read moreThames Water hires advisers over £190m loan as MPs call for govt administration
15th Mar 2024 14:10
(Sharecast News) - Lenders to troubled UK utility Thames Water's parent company have reportedly engaged accountancy firm EY as advisers weeks before a £190m debt falls due and MPs called for the company to be placed into special administration.
Read moreCurrys tanks as China's JD.com says it won't make an offer
15th Mar 2024 14:04
(Sharecast News) - Currys slumped on Friday as it said Chinese ecommerce giant JD.com does not plan to make an offer for the London-listed electricals retailer.
Read moreAlien Metals secures AUD 2m short-term funding
15th Mar 2024 13:28
(Sharecast News) - Alien Metals announced a short-term funding facility worth up to AUD 2m (£1.03m) via a convertible loan note on Friday.
Read moreTrident Royalties upbeat on latest Thacker Pass progress
15th Mar 2024 13:21
(Sharecast News) - Mining royalty company Trident Royalties announced significant progress in the development of the Thacker Pass Lithium Project by Lithium Americas Corporation (LAC) on Friday.
Read moreBiome Technologies division wins £0.54m contract
15th Mar 2024 13:15
(Sharecast News) - Bioplastics and radiofrequency technology specialist Biome Technologies announced a new contract for its RF technologies division Stanelco on Friday.
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