News Archive
Segro to create £1bn data centre in JV with Oaktree-owned Pure Data Centres
25th Mar 2025 08:13
(Sharecast News) - Segro announced a joint venture on Tuesday with Pure Data Centres - owned by Oaktree - to create its first fully fitted data centre, which it expects to pre-lease to a hyperscaler.
Read moreWH Smith completes refinancing
25th Mar 2025 08:05
(Sharecast News) - WH Smith said it had completed a £200m issue of US private placement notes and a bank term loan of £120m.
Read moreLondon open: FTSE gains as housebuilders, Shell rally
25th Mar 2025 08:03
(Sharecast News) - London stocks rose in early trade on Tuesday, with housebuilders charging ahead after well-received results from Bellway.
Read moreDrax to buy Harmony Energy Income Trust in £199.9m deal
25th Mar 2025 08:00
(Sharecast News) - Drax said on Tuesday that it has agreed to buy Harmony Energy Income Trust - a company that invests in battery energy storage systems in the UK - for around £199.9m.
Read moreBellway cites lower mortgage rates, improved consumer demand as H1 profits grow
25th Mar 2025 07:46
(Sharecast News) - Housebuilder Bellway hailed a "strong" first half on Tuesday as it posted a 12% increase in underlying pre-tax profit, citing lower mortgage interest rates and improved consumer confidence.
Read moreShell targets up to 5% LNG sales growth to 2030
25th Mar 2025 07:41
(Sharecast News) - Energy giant Shell unveiled plans to increase investor returns, cut spending and lift liquified natural gas sales targets but came in for heavy criticism of chief executive Wael Sawan's pay package.
Read moreAO World sees FY profit at top end of guidance
25th Mar 2025 07:38
(Sharecast News) - Online electricals retailer AO World hailed a "strong" performance on Tuesday as it said that full-year profit was set to be around the top end of its previously upgraded guidance range.
Read moreLondon pre-open: Stocks seen lower as earnings roll in
25th Mar 2025 07:36
(Sharecast News) - London stocks were set to fall at the open on Tuesday despite a positive session on Wall Street, as investors braced for a deluge of corporate news.
Read moreUS close: Stocks firmer on hopes of tariff scale-back
25th Mar 2025 07:31
(Sharecast News) - Wall Street rallied on Monday, buoyed by encouraging geopolitical and economic developments.
Read moreTuesday newspaper round-up: Consumer confidence, FCA, Octopus Energy
25th Mar 2025 07:28
(Sharecast News) - Consumers are cutting back spending on everyday items amid falling confidence in the UK economy before Rachel Reeves's spring statement, according to a survey. As the chancellor prepares to confirm billions of pounds in cuts to welfare and government spending on Wednesday, the research by KPMG showed growing numbers of people in Britain believed the economy was heading in the wrong direction. - Guardian
Read moreSmiths Group upbeat on half-year performance, acquires Duc-Pac
25th Mar 2025 07:24
(Sharecast News) - Smiths Group reported a strong set of half-year results on Tuesday, underpinned by continued execution of its value creation strategy and supported by organic growth and margin expansion, as it also announced the acquisition of the US-based Duc-Pac.
Read moreAB Dynamics reports first-half trading momentum
25th Mar 2025 07:24
(Sharecast News) - AB Dynamics reported solid trading momentum for the six months ended 28 February on Tuesday, with revenue expected to rise 11% year-on-year to around £58m.
Read moreKingfisher posts fall in FY profit, warns of hits from govt measures
25th Mar 2025 07:03
(Sharecast News) - Shares in Kingfisher slumped on Tuesday after the DIY retail group forecast small earnings growth this year at best and warned of the impact of budgetary measures in the UK and France on consumer sentiment and costs in the short term.
Read moreCEO Matt Moulding commits up to £60m as THG announces debt refinancing, equity raise
24th Mar 2025 18:14
(Sharecast News) - THG announced a debt refinancing and equity raise on Monday to support its "strategic growth targets" following the demerger of the Ingenuity business.
Read moreEurope close: Stocks surrender early gains
24th Mar 2025 15:33
(Sharecast News) - European shares gave up early gains on Monday, finishing the session well off their best levels.
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