News Archive

Bidstack suspends trading, appoints administrators after failed sale process

11th Mar 2024 10:36

(Sharecast News) - Bidstack, the struggling in-game advertising group, was forced to temporarily suspend its shares from trading on AIM on Monday after announcing administrators have been appointed following a failed sale process.

Read more

Heathrow on track for busiest year after record February

11th Mar 2024 09:30

(Sharecast News) - Traffic numbers at Heathrow rose to record highs in February with the airport handling two million passengers during its busiest-ever winter half-term season.

Read more

EU Commission found to have broken data protection rules with Microsoft software

11th Mar 2024 09:07

(Sharecast News) - The European Commission's use of Microsoft 365 was found to have infringed data protection law, according to a ruling announced on Monday by the continent's privacy watchdog.

Read more

RBC Capital upgrades Marks & Spencer to 'outperform'

11th Mar 2024 09:03

(Sharecast News) - RBC Capital Markets upgraded Marks & Spencer on Monday to 'outperform' from 'sector perform' and lifted the price target to 300p from 285p.

Read more

Asia report: Stocks mixed as Japan avoids technical recession

11th Mar 2024 08:50

(Sharecast News) - Equity markets in the Asia-Pacific region saw a mixed performance on Monday, with Japan leading losses as investors weighed in on various economic indicators across the region. Stocks in Tokyo faced a downturn despite the country narrowly avoiding a technical recession.

Read more

Jefferies sees more upside at Drax despite recent rally

11th Mar 2024 08:47

(Sharecast News) - Jefferies has lifted its target price for Drax from 580p to 600p and reiterated a 'buy' rating after the electricity services group's strong full-year results last month.

Read more

Apax offer for Kin and Carta lapses

11th Mar 2024 08:30

(Sharecast News) - Kin and Carta's journey towards acquisition took a significant turn on Monday, with the lapse of the final offer from Apax Partners.

Read more

Europe open: Shares open lower in muted trade

11th Mar 2024 08:13

(Sharecast News) - European shares opened lower on Monday after a weak session in Asia and a lack of major corporate or economic data to drive sentiment.

Read more

Citi downgrades Virgin Money to 'neutral' after Nationwide offer

11th Mar 2024 08:09

(Sharecast News) - Citi downgraded its stance on Virgin Money on Monday to 'neutral'/high risk from 'buy'/high risk after the shares surged on news that Nationwide Building Society had offered to buy the group in a £2.9bn deal.

Read more

FRP Advisory acquires Isle of Man-based business

11th Mar 2024 08:04

(Sharecast News) - Advisory firm FRP Advisory Group has acquired GWC, based in Douglas, which provides advisory and insolvency services across the Isle of Man.

Read more

LoopUp to de-list from AIM as it seeks to raise funds privately

11th Mar 2024 08:00

(Sharecast News) - LoopUp said on Monday that it was planning to leave the London stock market and raise funds privately.

Read more

London open: FTSE falls as investors eye US CPI; Currys tumbles

11th Mar 2024 07:59

(Sharecast News) - London stocks fell in early trade on Monday following a mostly weaker session in Asia, as investors eyed this week's US consumer price inflation data.

Read more

Vanquis Banking warns on full-year profits

11th Mar 2024 07:38

(Sharecast News) - Vanquis Banking Group warned on full-year profits on Monday as it continues to be redevelop its customer proposition and reset pricing, and due to costs associated with reviewing complaints mostly related to credit cards.

Read more

Ferrexpo struggles with $58k bill in Ukraine

11th Mar 2024 07:38

(Sharecast News) - Iron ore producer Ferrexpo has announced that it needs to extend the payment terms on a $58,000 bill from a supplier for its Ukrainian operations as the business's accounts continue to be frozen.

Read more

London pre-open: Stocks seen down as investors eye US CPI data

11th Mar 2024 07:37

(Sharecast News) - London stocks were set to fall at the open on Monday, extending Friday's losses after a mostly weaker session in Asia, as investors eyed this week's US CPI data.

Read more