News Archive
Asia report: Regional markets mixed on another quiet day
3rd Oct 2024 10:23
(Sharecast News) - Asia-Pacific markets finished with a mixed performance on Thursday, with notable divergence across the region.
Read moreJefferies downgrades Aston Martin to 'hold'
3rd Oct 2024 09:54
(Sharecast News) - Jefferies downgraded its stance on Aston Martin Lagonda on Thursday to 'hold' from 'buy' and cut the price target to 120p from 250p as it said it struggles to see a scenario that does not require new equity.
Read moreEurozone PPI growth beats forecasts in August
3rd Oct 2024 09:35
(Sharecast News) - Industrial output in the eurozone rose more than expected in August, according to data released by Eurostat on Thursday.
Read moreLondon close: FTSE falls but losses capped by weaker pound, housebuilders
3rd Oct 2024 09:08
(Sharecast News) - London stocks had fallen into the red by the close on Thursday amid escalating tensions in the Middle East, but a weaker pound and strength in the housebuilding sector kept a lid on losses.
Read moreBetter weather boosts retail footfall - BRC
3rd Oct 2024 09:06
(Sharecast News) - Retail footfall rose for the first time in over a year in September, industry data showed on Friday, as shoppers made the most of the mild weather.
Read moreBerenberg lowers target price on Johnson Matthey
3rd Oct 2024 08:56
(Sharecast News) - Analysts at Berenberg lowered their target on chemicals firm Johnson Matthey from 1,800.0p to 1,650.0p on Thursday but acknowledged management has avoided missteps and "righted the ship" following the announcement of the company's exit from battery materials.
Read moreHammerson sees strong demand for new bond issuance
3rd Oct 2024 08:43
(Sharecast News) - Retail-focused property group Hammerson has announced the oversubscribed launch of a new 12-year £400m bond, which will be used to support growth and refinance outstanding debt.
Read moreEurope open: Stoxx down as Israeli escalation of conflict hits sentiment
3rd Oct 2024 08:35
(Sharecast News) - European shares were lower at the open on Thursday as Israel's continuing attacks on Lebanon, and fears of regional conflict escalation hit investor sentiment.
Read moreGalliford Try posts strong set of results, launches share buyback
3rd Oct 2024 08:23
(Sharecast News) - Galliford Try reported a strong set of full-year financial results on Thursday, with revenue rising 27.2% to £1.77bn, and operating profit before amortisation increasing 35.2% to £29.6m.
Read moreTate & Lyle uses new rules to swerve vote on Kelco buy
3rd Oct 2024 08:21
(Sharecast News) - Tate & Lyle said it would not be putting its £1.4bn acquisition of US speciality ingredients maker CP Kelco to shareholders for approval under new listing rules brought in by the UK's financial regulator.
Read moreMolten Ventures acquires majority secondary position in Connect Ventures first fund
3rd Oct 2024 08:15
(Sharecast News) - Venture capital firm Molten Ventures said on Thursday that it has acquired a majority secondary position in the first fund of Connect Ventures, a 2012 Vintage Fund containing a portfolio of eight minority positions in businesses across Europe.
Read moreMolten Ventures acquires majority secondary position in Connect Ventures first fund
3rd Oct 2024 08:15
(Sharecast News) - Venture capital firm Molten Ventures said on Thursday that it has acquired a majority secondary position in the first fund of Connect Ventures, a 2012 Vintage Fund containing a portfolio of eight minority positions in businesses across Europe.
Read moreLondon open: Stocks gain as sterling hit by Bailey comments
3rd Oct 2024 08:04
(Sharecast News) - London stocks rose in early trade on Thursday, benefiting from a weaker pound and rate cut hopes, but investors remained cautious overall amid the escalating conflict in the Middle East.
Read moreSpirax FY outlook unchanged, FX headwinds slightly stronger than expected
3rd Oct 2024 08:03
(Sharecast News) - Thermal energy and fluid technology solutions group Spirax said on Thursday that its full-year outlook remained unchanged but warned of modest impacts stemming from potentially stronger-than-expected FX headwinds.
Read morePound drops as BoE's Bailey says rate cuts could become 'more aggressive'
3rd Oct 2024 07:47
(Sharecast News) - Sterling took a hit on Thursday after Bank of England governor Andrew Bailey told the Guardian that the central bank could become a "bit more aggressive" in cutting interest rates as long as news on inflation continued to be good.
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