News Archive
Ageas mulls £3.1bn bid for Direct Line, shares surge
28th Feb 2024 12:02
(Sharecast News) - Shares in Direct Line Insurance Group motored ahead on Wednesday, after Belgium's Ageas confirmed it was considering a possible £3.1bn bid for its UK rival.
Read moreEurope midday: Teleperformance, St James's Place both tank as shares turn red
28th Feb 2024 11:35
(Sharecast News) - European stocks were in the red on Wednesday as investors stayed cautious ahead of a US inflation reading on Thursday, while shares in French call centre operator Teleperformance and UK wealth manager St James's Place both tanked.
Read moreNexxen reaches settlement and inks alliance with Alphonso, LG
28th Feb 2024 11:19
(Sharecast News) - Nexxen International announced on Wednesday that it had finalised a settlement and embarked on a three-year strategic alliance with Alphonso and LG Electronics.
Read moreEasyJet to re-join FTSE 100 in latest reshuffle; Endeavour up for demotion
28th Feb 2024 11:02
(Sharecast News) - EasyJet is expected to make its way back into the FTSE 100 in the latest reshuffle due to be announced after the market close on Wednesday.
Read moreUS pre-open: Futures lower as traders look ahead to PCE reading
28th Feb 2024 10:52
(Sharecast News) - Wall Street futures were in the red ahead of the bell on Wednesday as market participants awaited key inflation figures scheduled for tomorrow.
Read moreLondon midday: Stocks extend losses as St James's Place, Reckitt drop
28th Feb 2024 10:45
(Sharecast News) - London stocks had extended gains by midday on Wednesday, dragged lower by St James's Place and Reckitt Benckiser after disappointing results, as investors eyed US GDP data.
Read moreChina's Country Garden faces winding-up petition
28th Feb 2024 10:29
(Sharecast News) - Chinese developer Country Garden Holdings Company has been hit by a winding-up petition, it was confirmed on Wednesday, in the latest blow to China's embattled property sector.
Read moreEZ consumer sentiment falls unexpectedly in February
28th Feb 2024 10:28
(Sharecast News) - Confidence in the eurozone worsened unexpectedly this month, highlighting the single-currency bloc's struggle to emerge from the impact of the Covid pandemic and war in Ukraine, according to a survey of consumers and managers published on Wednesday.
Read moreFourth-quarter sales disappoint at Reckitt, shares slide
28th Feb 2024 09:40
(Sharecast News) - Shares in Reckitt Benckiser Group tumbled on Wednesday, after fourth-quarter sales missed expectations.
Read moreAsia report: Most markets fall as RBNZ keeps rates on hold
28th Feb 2024 09:29
(Sharecast News) - Stock markets in the Asia-Pacific region saw a mixed performance on Wednesday, as New Zealand's central bank held interest rates.
Read moreBerenberg raises target price on IHG
28th Feb 2024 09:28
(Sharecast News) - Analysts at Berenberg raised their target price on Intercontinental Hotels Group from 6,000.0p to 7,400.0p on Wednesday following the group's "solid" full-year results.
Read morePrimary Health Properties rental income grows, ups FY dividend
28th Feb 2024 09:20
(Sharecast News) - Real estate investor Primary Health Properties said on Wednesday that rental income had risen in the ended 31 December, leading the group to hike its final dividend payout.
Read moreHICL sells stake in US toll-road project for $232m, unveils £50m buyback
28th Feb 2024 08:41
(Sharecast News) - HICL said it had was selling its entire stake in the US Northwest Parkway toll-road project (NWP) to VINCI Highways for $232m and starting a £50m share buyback with the proceeds.
Read moreDerwent upgrades lettings guidance despite wider full-year loss
28th Feb 2024 08:39
(Sharecast News) - Derwent London reporting a robust lettings performance in its 2023 results on Wednesday, despite reporting a wider loss, as it upgraded its guidance for the new financial year.
Read moreCapita secures £220m contract extension
28th Feb 2024 08:32
(Sharecast News) - Outsourcing company Capita has inked a deal with as much as £220.0m with a "major European telecoms provider".
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