News Archive
Team Internet reports strong cash generation despite headline loss
24th Mar 2025 07:51
(Sharecast News) - Team Internet reported strong operational cash generation and resilient margins for the year ended 31 December on Monday, despite a headline loss driven by impairment charges.
Read moreWood Group extends Sidara 'put up or shut up' deadline
24th Mar 2025 07:49
(Sharecast News) - Wood Group said on Monday that the deadline by which Dubai's Sidara must either announce a formal intention to make an offer for the company or walk away has been extended.
Read moreLondon pre-open: Stocks seen up as investors eye PMIs
24th Mar 2025 07:39
(Sharecast News) - London stocks were set to rise at the open on Monday as investors eyed the latest UK PMIs.
Read moreEMA accepts GSK's application to expand Nucala use
24th Mar 2025 07:28
(Sharecast News) - GSK said on Monday that the European Medicines Agency has accepted its application to expand the use of 'Nucala', or mepolizumab, to include patients with chronic obstructive pulmonary disease (COPD) who have an eosinophilic phenotype.
Read moreUK private sector output growth hits six-month high
24th Mar 2025 07:28
(Sharecast News) - Output growth in the UK private sector hit a six-month high in March, thanks to a rebound in the services sector, according to a survey released on Monday.
Read moreMonday newspaper round-up: Thames Water, Gatwick Airport, Ebury
24th Mar 2025 07:27
(Sharecast News) - Keir Starmer has been warned against "appeasing" Donald Trump as he considers reducing a major tax for US tech companies while cutting disability benefits and public sector jobs. His chancellor, Rachel Reeves, confirmed on Sunday that there were "ongoing" discussions about the UK's £1bn-a-year digital services tax that affects companies including Meta and Amazon. - Guardian
Read moreGreat Portland buys freehold of One Chapel Place
24th Mar 2025 07:27
(Sharecast News) - Great Portland Estates said it has bought the freehold interest in the One Chapel Place office building in London's West End.
Read moreS4 Capital shares jump after first divi payment despite client caution
24th Mar 2025 07:23
(Sharecast News) - Shares in S4 Capital surged on Monday as the Digital advertising and marketing business paid its first dividend despite warning of client caution amid increasing concerns about macro-economic uncertainty and the impact of tariffs.
Read morePlus500 buys India's Mehta Equities for $20m
24th Mar 2025 07:04
(Sharecast News) - Fintech group Plus500 has bought Indian financial services company Mehta Equities for $20m, the company said on Monday.
Read moreSunday newspaper round-up: Ukraine, HSBC, Rolls-Royce
23rd Mar 2025 13:08
(Sharecast News) - Officials from Ukraine and the US are expected to sit down in Riyadh and talk about a possible partial ceasefire on Sunday. The meeting will be taking place sooner than expected and will precede another between delegations from the US and Russian on Monday. On Saturday, the American president said that efforts to stop an escalation in the war were "somewhat under control". For his part, Kremlin spokesman, Dmitry Peskov, said that: "We are only at the beginning of this path". "We are working for a ceasefire and a lasting peace [...] We won't have the terms of discussions or timing be played out in the media." - The Sunday Telegraph
Read moreUS close: Late rally pushes stocks higher, but gains limited
21st Mar 2025 22:23
(Sharecast News) - A late-afternoon rally sent US stock indices into positive territory by the close on Friday, though gains were limited after a tumultuous few weeks with markets still trading close to six-month lows.
Read moreEurope close: Stocks end turbulent weak down
21st Mar 2025 17:55
(Sharecast News) - European shares were mostly lower on Friday as investors digested a week of policy decisions from central bankers amid the turmoil of US President Donald Trump's erratic trade measures, while airline stocks were down after a substation fire closed London's Heathrow airport.
Read moreBroker tips: Crest Nicholson, Asos
21st Mar 2025 17:27
(Sharecast News) - RBC Capital Markets upgraded Crest Nicholson on Friday to 'outperform' from 'sector perform' and hiked the price target to 230p from 180p after the housebuilder's capital markets day on Thursday.
Read moreWeek ahead: Ukraine talks, UK CPI in the spotlight
21st Mar 2025 17:27
(Sharecast News) - Geopolitics will continue to be front and centre on investors' minds over the coming week, as negotiators from the US, Ukraine and Russia meet in Saudi Arabia.
Read moreIATA criticises Heathrow over possible 'planning failure'
21st Mar 2025 16:07
(Sharecast News) - The airline industry trade body has attacked Heathrow management for what appeared to be a "clear planning failure" in not having a sufficient backup power source after a fire at a local electricity substation causing an outage and closed the airport.
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