News Archive

Supermarket Income declares quarterly dividend, suspends scrip alternative

3rd Oct 2024 12:17

(Sharecast News) - Supermarket Income REIT declared an interim dividend of 1.53p per share on Thursday, for the period from 1 July to 30 September.

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Syncona commits £63.5m to Resolution Therapies

3rd Oct 2024 12:14

(Sharecast News) - Syncona announced on Thursday that it has committed £63.5m in series B financing to Resolution Therapeutics, a portfolio company focused on macrophage therapy for inflammatory and fibrotic diseases.

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Diageo scraps sale of Pimm's - report

3rd Oct 2024 12:13

(Sharecast News) - Drinks giant Diageo has scrapped a potential sale of Pimm's, it was reported on Thursday, after it failed to strike a deal.

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Vp flags steady but subdued half-year, acquires 80pc of CPH

3rd Oct 2024 12:09

(Sharecast News) - Specialist equipment rental company Vp reported a steady half-year performance on Thursday, despite challenging macroeconomic conditions, as it announced the acquisition of a majority interest in CPH.

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Atrato Onsite to sell solar portfolio, seek voluntary liquidation

3rd Oct 2024 11:58

(Sharecast News) - Atrato Onsite Energy announced on Thursday that it has agreed to sell its entire portfolio of solar assets for £218.7m to a joint venture between Brookfield and RAIM Apollo.

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Residential Secure Income proposes managed wind-down

3rd Oct 2024 11:50

(Sharecast News) - Residential Secure Income (ReSI) announced a proposed managed wind-down and portfolio realisation on Thursday, following a thorough review aimed at maximising shareholder value.

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Europe midday: Middle East jitters, weak services PMI send Stoxx lower

3rd Oct 2024 11:49

(Sharecast News) - European shares were lower on Thursday as Israel's continuing attacks on Lebanon, and fears of regional conflict escalation hit investor sentiment.

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CMA orders Topps Tiles to keep CTD acquisition at arm's length during probe

3rd Oct 2024 11:45

(Sharecast News) - Topps Tiles updated the market regarding its recent acquisition of CTD Tiles, which included 30 stores, selected stock, and intellectual property for £9m, on Thursday.

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US jobless claims increase by 6,000

3rd Oct 2024 11:39

(Sharecast News) - Americans lined up for unemployment benefits at an accelerated clip in the week ended 28 September, according to the Department of Labor.

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London midday: FTSE stays up as housebuilders rally, pound slides

3rd Oct 2024 11:22

(Sharecast News) - London stocks were still up by midday on Thursday, helped by a weaker pound and strength in the housebuilding sector, but investors remained cautious overall as the conflict in the Middle East continued to escalate, with all eyes on Israel's next move.

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US pre-open: Futures point to losses amid escalating tensions in the Middle East

3rd Oct 2024 11:20

(Sharecast News) - Wall Street futures were in the red ahead of the bell on Thursday amid heightened tensions in the Middle East and a looming September payrolls report.

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OpenAI raises $6.6bn in latest funding round

3rd Oct 2024 11:17

(Sharecast News) - OpenAI reaffirmed its position as one of the world's most valuable start-ups on Thursday, after the artificial intelligence specialist raised $6.6bn in new funding.

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Stifel cuts Burberry price target, sales forecasts

3rd Oct 2024 11:04

(Sharecast News) - Burberry was under the cosh on Thursday as Stifel cut its price target on the shares to 720p from 800p and reduced its FY25 and FY26 sales forecasts by 8% and 10%, respectively.

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UK business activity growth eases; prices charged inflation slows

3rd Oct 2024 10:44

(Sharecast News) - Business activity growth eased to a three-month low in September, according to a survey released on Thursday, but prices charged inflation slowed.

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Eurozone economy falters as services growth softens

3rd Oct 2024 10:27

(Sharecast News) - The eurozone economy faltered in September, a closely-watched survey showed on Thursday, weighed down by slowing growth in the bloc's dominant services sector.

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