News Archive

Deliveroo narrows losses in 'resilient' year

14th Mar 2024 07:35

(Sharecast News) - Deliveroo reported a narrowing of its full-year losses on Thursday as revenue jumped and the company hailed a "resilient year of growth".

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London pre-open: Stocks to edge up as investors mull RICS survey

14th Mar 2024 07:32

(Sharecast News) - London stocks were set to edge up at the open on Thursday as investors mulled the latest data on the UK housing market.

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Thursday newspaper round-up: Nestle, Halifax, Glencore

14th Mar 2024 07:27

(Sharecast News) - Direct trains could next year connect Wrexham to London, with a new service capitalising on the town's Hollywood-meets-football mini-boom. The train manufacturer Alstom is bidding to set up the Wrexham, Shropshire and Midlands Railway with a promise of cheaper, more comfortable trains straight to London. - Guardian

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John Lewis swings back into the red

14th Mar 2024 07:24

(Sharecast News) - John Lewis Partnership has returned to profit, the retailer confirmed on Thursday, but said it would not pay staff bonuses for the second year running.

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Halma maintains expectations as revenue rises

14th Mar 2024 07:22

(Sharecast News) - Halma reiterated its guidance in a trading update on Thursday, maintaining its projection for adjusted profit before tax to align with analyst consensus expectations.

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Halma, IG Group, Vistry, Deliveroo, Bridgepoint, Helios, OSB

14th Mar 2024 07:21

(Sharecast News) - Ceres Power, a developer of clean energy technology, announced a delay in releasing its full-year results for the year ended 31 December on Thursday.

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AstraZeneca snaps up rare disease specialist Amolyt for $1.05bn

14th Mar 2024 07:16

(Sharecast News) - Biopharma giant AstraZeneca has announced the acquisition of French biotech firm Amolyt Pharma for up to $1.05bn to beef up its late-stage rare disease pipeline.

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Trainline sales, revenues surge on UK, intl demand

14th Mar 2024 07:03

(Sharecast News) - Online ticketing platform Trainline reported sales at the top end of expectations as fewer strikes in the UK and competition for passengers in Italy and Spain saw revenues also beat forecasts.

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US close: S&P falls back on mixed day for equities

13th Mar 2024 22:50

(Sharecast News) - Wall Street finished in a mixed state on Wednesday, as the S&P 500 retreated from its previous record close.

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Sector movers: Miners pace gains on improved sentiment towards China

13th Mar 2024 19:43

(Sharecast News) - Industrial miners' shares paced gains on the FTSE 350 in the middle of the week amid improved sentiment towards the People's Republic of China.

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Government to block UAE bid for Telegraph with foreign ownership ban

13th Mar 2024 16:59

(Sharecast News) - The government is set to announce a ban on foreign governments owning newspapers and magazines in the UK, it emerged on Wednesday, effectively halting the Abu Dhabi-led takeover bid of the Daily and Sunday Telegraph.

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Broker tips: Harbour Energy, Intercontinental Hotels, Marlowe, Flutter Entertainment

13th Mar 2024 16:39

(Sharecast News) - Berenberg upgraded Harbour Energy on Wednesday to 'buy' from 'hold' and lifted its price target on the stock to 360.0p from 280.0p as it said that cash flow supports higher returns.

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Europe close: Stocks ccontinue to move higher

13th Mar 2024 16:06

(Sharecast News) - European shares were mostly higher on Wednesday as investors digested data from the US and UK, despite a larger-than-expected fall in eurozone industrial production, while Zalando shares surged after upgrading forecasts.

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Director dealings: 1Spatial CFO makes share purchase

13th Mar 2024 16:02

(Sharecast News) - 1Spatial revealed on Wednesday that chief financial officer Stuart Ritchie had acquired 17,700 ordinary shares in the AIM-listed software and solutions firm.

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Branson's Virgin Group to axe around 8% of jobs at London HQ - report

13th Mar 2024 16:01

(Sharecast News) - Sir Richard Branson's Virgin Group is reportedly axing dozens of jobs at its London base as part of an integration of two of his companies.

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