News Archive
Kistos to buy EDF UK gas storage assets for £25m
20th Feb 2024 12:17
(Sharecast News) - Kistos has finalised a sale and purchase agreement to acquire EDF Energy Gas Storage, it announced on Tuesday, including two gas storage facilities onshore in the UK, namely Hill Top Farm and Hole House Farm.
Read moreEurope midday: Forvia slumps on job cuts plan; Barclays rallies
20th Feb 2024 11:36
(Sharecast News) - European stocks opened lower on Tuesday as investors fretted about the timing of interest rate cuts, while French car parts supplier Forvia fell after announcing large job cuts.
Read moreLondon midday: Stocks mixed after China makes bigger rate cut
20th Feb 2024 11:20
(Sharecast News) - London's stocks were in a mixed state at midday on Tuesday, as concerns around China's economic outlook continued to weigh on mining stocks.
Read moreUS pre-open: Futures trade lower following Presidents' Day break
20th Feb 2024 10:54
(Sharecast News) - Wall Street futures were in the red ahead of the bell on Tuesday as market participants prepared to return from the Presidents' Day long weekend.
Read moreBerenberg lowers target price on XP Power
20th Feb 2024 10:45
(Sharecast News) - Analysts at Berenberg lowered their target price on power supply solutions group XP Power from 1,700.0p to 1,400.0p on Tuesday but said its thesis on the stock was unchanged.
Read morePod Point trades in line with FY expectations
20th Feb 2024 10:41
(Sharecast News) - Electric vehicle charging solutions provider Pod Point said on Tuesday that its 2023 trading performance had been in line with expectations, while its net cash balance was ahead.
Read moreAstraZeneca acquires US-based biopharmaceutical company
20th Feb 2024 10:29
(Sharecast News) - Drugmaker AstraZeneca revealed late on Monday afternoon that it had successfully completed its acquisition of US-based biopharmaceutical company Icosavax.
Read moreAsia report: Markets mixed as China trims five-year interest rate
20th Feb 2024 10:04
(Sharecast News) - Asia-Pacific markets closed with a mixed performance on Tuesday as investors digested the impact of a key lending rate decision from China's central bank.
Read morePetra Diamonds trims production guidance after earnings slide
20th Feb 2024 10:04
(Sharecast News) - Shares in Petra Diamonds were sliding on Tuesday morning, after the company reported a decline in first-half revenue and earnings and lowered its production outlook for the full year.
Read moreEZ construction output rises 0.8% in December
20th Feb 2024 09:10
(Sharecast News) - Construction output in the eurozone rose 0.8% in December from the prior month, according to official data released on Tuesday.
Read moreMobico delays FY results, shares slide
20th Feb 2024 09:07
(Sharecast News) - Mobico shares slumped on Tuesday after the National Express owner said results would be delayed due to an accounting review of its German rail business.
Read moreIHG revenue jumps as it swings to operating profit
20th Feb 2024 09:03
(Sharecast News) - InterContinental Hotels Group reported strong trading in its final results on Tuesday, with global revenue per available room (RevPAR) increasing 16.1% year-on-year for 2023, with a notable 7.6% increase in the fourth quarter alone.
Read moreEurope open: Shares down on rate worries; Barclays gains on restructure
20th Feb 2024 08:29
(Sharecast News) - European stocks opened lower on Tuesday as investors fretted about the timing of interest rate cuts, while UK bank Barclays was in focus after announced in first major overhaul in 10 years.
Read moreGCP Infra signs new revolving credit facility
20th Feb 2024 08:27
(Sharecast News) - GCP Infra has agreed a new revolving credit facility and cut its total commitment by £40m to £150m.
Read moreLondon open: Stocks fall as miners slump; Barclays rallies after results
20th Feb 2024 08:14
(Sharecast News) - London stocks fell in early trade on Tuesday, with miners under pressure amid worries about China's economy, but Barclays powered ahead as investors welcomed the bank's strategic overhaul.
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