News Archive

Prospex Energy gets green light to apply for Polish licences

4th Oct 2024 08:42

(Sharecast News) - AIM-listed energy investment firm Prospex Energy has officially expanded into its third European country after its subsidiary PXEN Tatra secured the qualification to apply for licences in Poland.

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London open: FTSE flat amid Middle East woes, ahead of payrolls

4th Oct 2024 08:25

(Sharecast News) - London stocks were flat in early trade on Friday as Israel's strikes against Lebanon intensified and as investors eyed the latest US non-farm payrolls report.

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Renew disposes of Walter Lilly for 'nominal consideration'

4th Oct 2024 08:12

(Sharecast News) - Engineering services group Renew Holdings has disposed of Walter Lilly & Co to Size Holdings for "a nominal consideration" on a cash-free/debt-free basis.

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Good Energy buys solar installation firm Amelio Solar

4th Oct 2024 08:11

(Sharecast News) - AIM-listed renewable electricity supplier Good Energy Group has announced the acquisition Lincolnshire-based solar installation company Amelio Enterprises for £6m.

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Europe open: Stoxx rises despite talk of attacks on Iran

4th Oct 2024 07:51

(Sharecast News) - European shares opened higher on Friday, shrugging off a weak session in the US on comments from US President Joe Biden that his administration held discussions with Israel on potential attacks against Iranian oil facilities.

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Capricorn Energy on track for $50m payment

4th Oct 2024 07:40

(Sharecast News) - Capricorn Energy confirmed on Friday it had hit a $50m payment milestone under a 2020 deal with Woodside Energy, with proceeds due to be returned to shareholders.

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Virgin Wines agrees strategic partnership with Ocado

4th Oct 2024 07:37

(Sharecast News) - Virgin Wines said on Friday that it has agreed a strategic partnership with online supermarket Ocado.com, which will stock a selection of 50 wines from its portfolio.

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London pre-open: Stocks to nudge down ahead of payrolls

4th Oct 2024 07:35

(Sharecast News) - London stocks were set to nudge lower at the open on Friday amid escalating tensions in the Middle East and as investors eyed the latest US non-farm payrolls report.

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Friday newspaper round-up: Electric car sales, SSE, small businesses

4th Oct 2024 07:29

(Sharecast News) - Rachel Reeves is paving the way for a multibillion-pound increase in public-sector investment at the budget after the government announced plans to commit almost £22bn over 25 years to fund carbon capture and storage projects. In what is expected to be one of the biggest green spending promises of the parliament, the chancellor, prime minister and the energy secretary, Ed Miliband, will unveil the details on a visit to the Liverpool city region on Friday declaring a "new era" for clean energy jobs. - Guardian

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Wetherspoon reinstates dividend after year of underlying growth

4th Oct 2024 07:19

(Sharecast News) - JD Wetherspoon reported a 5.7% increase in full-year revenue on Friday, to £2.04bn, with a 73.5% rise in profit before tax to £73.9m before separately disclosed items.

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WoS buys watch enthusiast platform Hodinkee

4th Oct 2024 07:04

(Sharecast News) - Shares in Watches of Switzerland jumped on Friday after the company said it had bought Hodinkee, a specialist website for luxury watch enthusiasts, for an undisclosed sum.

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US close: Stocks lower as traders await September payrolls report

3rd Oct 2024 21:57

(Sharecast News) - Major indices closed lower on Thursday amid heightened tensions in the Middle East and a looming September payrolls report.

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Italy looking to sell down stake in Monte Paschi by end of year

3rd Oct 2024 16:15

(Sharecast News) - Italy's government is looking to offload more shares in Banca Monte dei Paschi di Siena within three months as part of a plan to raise €20bn to bolster the country's flagging finances.

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Europe close: Stocks weaker on geopolitical concerns

3rd Oct 2024 16:13

(Sharecast News) - European shares fell on Thursday, with investor sentiment dampened by escalating tensions in the Middle East.

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Broker tips: Aston Martin Lagonda, Burberry, Johnson Matthey

3rd Oct 2024 16:08

(Sharecast News) - Jefferies downgraded its stance on Aston Martin Lagonda on Thursday to 'hold' from 'buy' and cut the price target to 120.0p from 25.00p as it said it struggles to see a scenario that does not require new equity.

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