News Archive

UK's CMA to seeks views on Barratt £2.5bn Redrow takeover

15th Mar 2024 07:21

(Sharecast News) - UK competition regulators on Friday said they were taking an initial look into Barratt's £2.52bn takeover of homebuilding rival Redrow.

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Bodycote on track to meet margin target as aerospace boosts earnings

15th Mar 2024 07:04

(Sharecast News) - Heat treatment and thermal processing services specialist Bodycote delivered a rise in annual profits, driven by a strong performance at its aerospace and defence division.

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Berkeley reiterates full-year guidance

15th Mar 2024 07:01

(Sharecast News) - Berkeley Group reiterated its full-year outlook on Friday and said it had secured the bulk of sales for the next financial year.

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Vodafone unveils €4bn capital return after selling Italian unit

15th Mar 2024 06:45

(Sharecast News) - Vodafone and Swisscom have confirmed that the Swiss telecom group will take over Vodafone Italy for €8bn, enabling the UK company to return €4bn to shareholders.

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US close: PPI data dampens stocks as investors eye Fed meeting

15th Mar 2024 06:10

(Sharecast News) - US stocks finished with moderate losses on Thursday after another round of inflation statistics surprised to the upside, clouding the outlook for interest rates in the near term.

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Sector movers: REITS and miners drag on FTSE 350 after US producer price data

15th Mar 2024 03:57

(Sharecast News) - Interest rate sensitive REITS and miners dragged on the FTSE 350 in the wake of the release of worse-than-expected wholesale inflation data in the States.

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Europe close: Stocks drop into the red as rally stalls

14th Mar 2024 16:38

(Sharecast News) - After a positive start, European stocks fell into the red by the close of play on Thursday with the Stoxx 600 index retreating from a record high after producer-price data from the US dampened sentiment.

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London close: Stocks fall as US inflation tops forecasts

14th Mar 2024 16:33

(Sharecast News) - London's equity markets finished in negative territory on Thursday, driven by a flurry of stocks going ex-dividend and investor reactions to the latest US producer inflation and jobless data.

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Director dealings: Checkit chairman raises stake

14th Mar 2024 15:45

(Sharecast News) - Checkit revealed on Thursday that chairman Keith Daley had acquired 250,000 ordinary shares in the AIM-listed software and solutions business.

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Steven Mnuchin eyeing up TikTok after House passes bill to ban app

14th Mar 2024 15:08

(Sharecast News) - Former Treasury secretary Steven Mnuchin is said to be gathering a consortium of investors to attempt to take over TikTok as the Chinese owned short-video app comes under increasing scrutiny regarding its foreign ownership in the US.

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Biden voices opposition to Japanese takeover of US Steel

14th Mar 2024 15:06

(Sharecast News) - Shares in American steel producer US Steel was under pressure on Thursday after president Joe Biden said he's opposed to its $14.9bn takeover by Japan's Nippon Steel.

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FTSE 100 movers: Housebuilders gain on Vistry results; Anglo American goes ex-div

14th Mar 2024 15:06

(Sharecast News) - London's FTSE 100 was down 0.5% at 7,732.27 in afternoon trade on Thursday.

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AG Barr says 195 jobs at risk in proposed business reorganisation

14th Mar 2024 15:04

(Sharecast News) - Irn Bru maker AG Barr said on Thursday that up to 195 jobs were at risk as it looks to close some of its sites as part of a business reorganisation.

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US open: Stocks trade lower following hotter-than-expected PPI reading

14th Mar 2024 14:56

(Sharecast News) - Wall Street stocks were in the red early on Thursday as investors digested a hotter-than-expected wholesale inflation reading.

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