News Archive
HelloFresh warns on profits, shares plunge
8th Mar 2024 09:05
(Sharecast News) - Shares in HelloFresh plummeted on Friday, after the food delivery service warned on profits for the second time and scrapped its mid-term targets.
Read moreLondon open: Stocks edge down ahead of payrolls
8th Mar 2024 08:09
(Sharecast News) - London stocks were a little lower in early trade on Friday, unable to hold on to opening gains as nervousness crept in ahead of the latest US non-farm payrolls report.
Read moreMattioli Woods to be taken private by Pollen Street Capital in £432m deal
8th Mar 2024 08:07
(Sharecast News) - Wealth manager Mattioli Woods said on Friday that it has agreed to be bought by private equity firm Pollen Street Capital in a £432m deal.
Read moreEurope open: Shares edge ahead after record day; Mondi/Smith deal in focus
8th Mar 2024 08:05
(Sharecast News) - European markets edged ahead at the opening as investors turned their attention to weekly US jobs data.
Read moreAsia report: Stocks rise after Powell's rate cut comments
8th Mar 2024 08:04
(Sharecast News) - Asia-Pacific markets were in the green across the board on Friday, following remarks from US Federal Reserve chair Jerome Powell overnight, indicating that interest rate cuts could be on the horizon pending supportive inflation signals.
Read moreKinovo makes progress with remaining DCB projects
8th Mar 2024 08:04
(Sharecast News) - Specialist property services group Kinovo reported progress towards concluding the remaining projects associated with DCB Kent, its former construction division, on Friday.
Read moreBarclays downgrades PZ Cussons, cites too much Nigerian exposure
8th Mar 2024 08:02
(Sharecast News) - Barclays downgraded shares of Imperial Leather maker PZ Cussons on Friday to 'equalweight' from 'overweight' and slashed the price target to 111p from 205p, citing "too much" Nigerian exposure.
Read moreJust Group profits jump amid buoyant retirement income market
8th Mar 2024 07:54
(Sharecast News) - Just Group reported a 47% jump in underlying operating profit in its 2023 results on Friday, to £377m, which it put down to significant increases in new business and in-force profits.
Read moreMondi to buy DS Smith in £5.1bn deal
8th Mar 2024 07:53
(Sharecast News) - Packaging firm Mondi has agreed to buy smaller rival DS Smith for £5.1bn.
Read moreUK regulator warns T&L Sugars/Tereos deal could raise sugar prices
8th Mar 2024 07:42
(Sharecast News) - Britain's competition regulator on Friday said that the Tate & Lyle Sugars purchase of UK & Ireland assets from France's Tereos could result in higher sugar prices for UK shoppers.
Read moreLondon pre-open: Stocks to nudge up ahead of payrolls
8th Mar 2024 07:41
(Sharecast News) - London stocks were set to nudge higher at the open on Friday as investors eyed the latest US non-farm payrolls report.
Read morePetrofac secures $200m contract with Turkemengas
8th Mar 2024 07:38
(Sharecast News) - Petrofac said on Friday that it has been awarded a three-year operations contract from Turkemengas at the Galkynysh Gas Field, in Turkmenistan.
Read moreGerman industrial production pushes higher
8th Mar 2024 07:35
(Sharecast News) - German industrial production ticked higher in January, official data showed on Friday, beating expectations.
Read moreCapital & Regional posts modest growth in footfall
8th Mar 2024 07:31
(Sharecast News) - Shopping centres investor Capital & Regional reported a modest uptick in footfall in 2023 as customers headed to discount stores at an increased rate.
Read moreFriday newspaper round-up: Big banks, British savers, Bet365
8th Mar 2024 07:30
(Sharecast News) - Jeremy Hunt and Rachel Reeves are joined in a "conspiracy of silence" over tens of billions of pounds in tough tax and spending choices, with the next government likely to inherit the toughest outlook for the public finances in 80 years, Britain's leading economics thinktank has warned. The Institute for Fiscal Studies said the chancellor's budget on Wednesday had laid the ground for "staggeringly hard choices" due after the general election for whichever party forms the next government. - Guardian
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