News Archive
Ukraine suspends VAT refunds on two Ferrexpo subsidiaries
21st Mar 2025 07:28
(Sharecast News) - Ferrexpo said on Friday that Ukrainian tax authorities have suspended VAT refunds for January totalling UAH 512.9m ($12.5m) for two of its subsidiaries, citing sanctions imposed on major shareholder Kostiantyn Zhevago.
Read moreWetherspoons delivers gloomy outlook with labour costs set to rise £60m
21st Mar 2025 07:26
(Sharecast News) - Pub owner JD Wetherspoon reinstated its interim dividend on Friday after a solid increase in first-half underlying sales, but warned of the impact of rising labour costs on the business, which will hit each of its pubs by £1,500 per week.
Read moreEnergean pulls assets deal with Carlyle
21st Mar 2025 07:25
(Sharecast News) - UK-based gas producer Energean has pulled its $945m deal to sell some of its assets to private equity fund Carlyle due to pending regulatory approvals in Italy and Egypt.
Read moreAsos lifts first-half profit outlook
21st Mar 2025 07:23
(Sharecast News) - Asos lifted its profit outlook for the first half on Friday, sending shares in the online fashion retailer surging for the second day in a row.
Read morePetrofac delays results as it progresses restructuring plan
21st Mar 2025 07:22
(Sharecast News) - Petrofac said in an update on Friday that a UK court has approved the proposed creditor class composition for its financial restructuring plan, allowing it to proceed with creditor meetings.
Read moreHeathrow airport shut after substation fire; More than 1,000 flights hit
21st Mar 2025 07:02
(Sharecast News) - London's Heathrow airport said some operations would resume on Friday after a fire at a local electricity substation overnight caused a power outage, hitting more than 1,300 flights and disrupting air travel globally.
Read moreUS close: Early gains erased as Fed-fuelled optimism fades
20th Mar 2025 22:48
(Sharecast News) - US stock markets finished a volatile session with small losses on Thursday, with indices struggling for direction for most of the day in the aftermath of the Federal Reserve policy meeting.
Read moreEurope close: Stocks end lower as ECB's Lagarde warns of trade tariff impact
20th Mar 2025 16:07
(Sharecast News) - European stock markets dropped into the red on Thursday, as concerns about a fragile global economy and geopolitical tensions hit sentiment.
Read moreDirector dealings: Close Brothers Group chairman buys shares after 1H numbers
20th Mar 2025 15:22
(Sharecast News) - The chairman of Close Brothers Group picked up some shares in the wake of the specialist financial services group's half-year results.
Read moreFTSE 100 movers: Prudential gains on results; 3i Group slumps
20th Mar 2025 14:11
(Sharecast News) - London's FTSE 100 was down 0.1% at 8,701.55 in afternoon trade on Thursday.
Read moreUS existing-home sales unexpectedly rise
20th Mar 2025 14:08
(Sharecast News) - Existing-home sales in the United States rebounded strongly in February, according to the National Association of Realtors, which pointed to "encouraging signs" for the American housing market.
Read moreFTSE 250 movers: Crest Nicholson leads risers after reassuring update
20th Mar 2025 13:54
(Sharecast News) - Crest Nicholson, Shaftesbury Capital and Bloomsbury Publishing were among the best performers on Thursday after impressing investors with updates and results, while Investec disappointed.
Read moreUS open: Stocks rise, but cautious mood keeps gains in check
20th Mar 2025 13:54
(Sharecast News) - US stock markets edged higher in early trade on Thursday following dovish signals from the Federal Reserve the previous evening, though gains were limited as investors awaited earnings from a host of blue chips, including Micron Technology and Nike and FedEx.
Read moreBofA stays at 'buy' on Prudential
20th Mar 2025 13:42
(Sharecast News) - Analysts at Bank of America reiterated their 'buy' recommendation for shares of Prudential on the back of the insurance and wealth management outfit's latest results.
Read moreBroker tips: Schroders, Prudential
20th Mar 2025 13:38
(Sharecast News) - RBC Capital Markets reiterated its 'outperform' rating on Schroders on Thursday and hiked its price target to 475p from 395p as it lifted its adjusted operating earnings estimates by 1%/6%/9% over FY25/26/27, updating the FY24 results and strategy evolution.
Read more