News Archive

PensionBee to expand into lucrative US defined contribution market

4th Mar 2024 08:53

(Sharecast News) - UK pension provider PensionBee has announced it is expanding in the US through an exclusive agreement with an unnamed American financial institution as it looks to increase its share in the world's largest defined contribution pension market.

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Clarksons posts record full-year profits

4th Mar 2024 08:50

(Sharecast News) - Shipping broker Clarksons posted record full-year profits on Monday.

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THG secures 17-month extension to revolving credit facility

4th Mar 2024 08:40

(Sharecast News) - THG announced the extension of its revolving credit facility (RCF) by 17 months on Monday, stretching its maturity to May 2026.

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Europe open: Stocks subdued ahead of ECB rate decision, UK budget

4th Mar 2024 08:19

(Sharecast News) - European shares opened mixed on Monday with investors looking ahead to an interest rate decision from the European Central Bank and the UK budget.

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London open: Stocks edge down as investors eye Budget

4th Mar 2024 08:19

(Sharecast News) - London stocks edged lower in early trade on Monday, with caution in the air ahead of this week's Budget.

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Vertu Motors fleet and commercial vehicle profits grow

4th Mar 2024 08:04

(Sharecast News) - Car dealership Vertu Motors said on Monday that core gross profits from fleet and commercial vehicle sales had grown in the five months ended 31 January, with the group now expecting to report full-year adjusted pre-tax profits in line with market expectations.

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Senior sees aerospace boost as aircraft demand grows

4th Mar 2024 07:48

(Sharecast News) - UK aerospace engineer and Boeing supplier Senior reported a jump in 2023 profits and said it had been asked to maintain supply levels of parts for the US plane maker's B737-Max aircraft.

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Wizz Air traffic rises but load factor hit by Israel disruption

4th Mar 2024 07:41

(Sharecast News) - Low-cost airline Wizz Air saw an acceleration in passenger growth in February but its load factors remained firmly below last year as a result of reallocated flights from Israel and ongoing issues related to the Pratt & Whitney GTF engine recall.

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London pre-open: Stocks seen lower as investors eye Budget

4th Mar 2024 07:35

(Sharecast News) - London stocks were set to edge down at the open on Monday as investors turned their attention to this week's Budget.

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Monday newspaper round-up: Regional divide, retailers, NatWest, Pfizer

4th Mar 2024 07:24

(Sharecast News) - Britain's sharp regional divide is on track to deepen with London's economy pulling further ahead despite the government's levelling up promises, according to a report. Ahead of Chancellor Jeremy Hunt's budget on Wednesday, the accountancy firm EY said it was forecasting stronger economic growth in London and the wider south-east of England than for the rest of the country. - Guardian

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Intertek inks deal to acquire Base Met Labs

4th Mar 2024 07:21

(Sharecast News) - Intertek announced an agreement to acquire Base Metallurgical Laboratories and Base Met Labs US on Monday, which provide metallurgical testing services within the minerals sector in North America, for an undisclosed sum.

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Ryanair traffic jumps 5% in February

4th Mar 2024 07:18

(Sharecast News) - Budget airline Ryanair reported a 5% jump in February passenger numbers on Monday.

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AstraZeneca's chemo replacement treatment moves closer to EU approval

4th Mar 2024 07:18

(Sharecast News) - European regulators have validated two marketing authorisation applications (MMAs) for AstraZeneca, as the biopharma giant's datopotamab deruxtecan chemotherapy replacement treatment comes one step closer to receiving the green light to treat two types of cancer.

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UK retail sales subdued in February as wet weather provides a drag

4th Mar 2024 07:18

(Sharecast News) - UK retail sales growth slowed last month as volumes were dampened by the wettest February on record, according to the British Retail Consortium-KPMG Retail Sales Monitor released on Tuesday.

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Aviva enters Lloyd's market with £242m Probitas purchase

4th Mar 2024 07:15

(Sharecast News) - Aviva has returned to the Lloyd's insurance market after an absence of two decades with the £242m purchase of underwriting syndicate Probitas.

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