News Archive

SigmaRoc exercises option to buy CRH UK lime operations

4th Mar 2024 11:29

(Sharecast News) - Lime and limestone company SigmaRoc announced the exercise of the call option to acquire the UK lime operations of CRH for €155m (£133m) on Monday.

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US pre-open: Futures lower following record closes for S&P 500, Nasdaq

4th Mar 2024 11:28

(Sharecast News) - Wall Street futures were in the red ahead of the bell on Monday after both the S&P 500 and Nasdaq Composite closed out the previous session at all-time highs.

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Renalytix surges on takeover approach

4th Mar 2024 11:28

(Sharecast News) - Renalytix surged on Monday after saying it had received an unsolicited takeover approach from "a large and well-capitalised publicly listed strategic diagnostics company".

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KPMG fined £1.5m over Saatchi audit

4th Mar 2024 11:01

(Sharecast News) - UK accounting firm KPMG has been fined yet again, this time to the tune of £1.5m over what the industry regulator called "serious failings" in its audit of advertising agency M&C Saatchi.

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London midday: Stocks extend losses ahead of Budget

4th Mar 2024 10:50

(Sharecast News) - London stocks had fallen further into the red by midday on Monday, with caution in the air ahead of this week's Budget.

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Jefferies upgrades BP to 'buy'

4th Mar 2024 10:43

(Sharecast News) - Jefferies upgraded BP on Monday to 'buy' from 'hold' and lifted the price target to 570p from 520p.

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Faron Pharmaceuticals shores up cash with EUR 3.2m convertible loans

4th Mar 2024 10:40

(Sharecast News) - Faron Pharmaceuticals announced on Monday that it has successfully secured binding commitments for convertible loans totalling €3.2m from a select group of existing shareholders.

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JP Morgan raises target price on Spectris

4th Mar 2024 10:40

(Sharecast News) - Analysts at JP Morgan raised their target price on instrumentation and controls group Spectris from 2,900.0p to 2,950.0p on Monday, but noted that the group's full-year results had left it with "little to get excited over".

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Asia report: Nikkei closes above 40k on mixed day for region

4th Mar 2024 10:24

(Sharecast News) - Equities across the Asia-Pacific region showed a mixed performance on Monday, with Japan's Nikkei 225 leading the gains by closing above the psychologically-significant 40,000 mark, setting a new record high.

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Frasers buys online bike retailer Wiggle out of administration - report

4th Mar 2024 10:13

(Sharecast News) - Mike Ashley's Frasers Group has reportedly bought online bicycle retailer Wiggle out of administration.

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Eurozone sentiment at 11-month high, but German confidence falls again

4th Mar 2024 10:08

(Sharecast News) - Investor confidence in the eurozone has risen to its highest level in nearly year, according to data released on Monday by Sentix, though weakness in Germany continues to weigh heavily on optimism across the region.

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HICL Infrastructure delivers 'solid operational performance'

4th Mar 2024 10:05

(Sharecast News) - Investment company HICL Infrastructure said on Monday that it had delivered a "solid operational performance" over the five months ended 29 February.

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Hipgnosis Songs Fund asset value falls on independent review

4th Mar 2024 09:52

(Sharecast News) - Hipgnosis Songs Fund updated the market on ongoing strategic review on Monday, reporting a notable reduction in the company's fair value after a detailed report from Shot Tower Capital.

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Macy's surges as Arkhouse and Brigade lift takeover offer

4th Mar 2024 09:36

(Sharecast News) - Macy's shares surged in pre-market trade on Monday after the department store retailer said that Arkhouse Management and Brigade Capital Management had lifted their takeover offer the company to $6.6bn.

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Bridgepoint eyes €4bn MotoGP sale - report

4th Mar 2024 09:08

(Sharecast News) - London-listed private equity firm Bridgepoint is looking to sell its stake in MotoGP's parent company, Dorna Sports, for up to €4bn (£3.4bn), Sky News reported on Monday, citing unnamed sources.

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