News Archive
Virgin Money to buy Abrdn's stake in joint investment business for £20m
14th Feb 2024 11:32
(Sharecast News) - Virgin Money said on Wednesday that it has agreed to buy Abrdn's stake in their joint investment platform for £20m.
Read morePetards' RTS subsidiary secures contract extension
14th Feb 2024 11:29
(Sharecast News) - Security and surveillance systems group Petards has scored an extension to an existing contract for the provision of software licences, maintenance, and support services.
Read moreAgronomics reports fall in net assets in first half
14th Feb 2024 11:22
(Sharecast News) - Agronomics reported a net asset value per share of 16.9p in its unaudited interim results on Wednesday, representing a slight decrease from the prior period.
Read moreUK houses prices ease in December - ONS
14th Feb 2024 11:11
(Sharecast News) - UK house prices fell in December, official data showed on Wednesday, although the rate of decline slowed notably.
Read moreLondon midday: Stocks extend gains after inflation print; housebuilders rally
14th Feb 2024 11:05
(Sharecast News) - London stocks had extended gains by midday on Wednesday, with housebuilders on the front foot as data showed that UK inflation was steady in January, taking pressure off the Bank of England to keep rates higher for longer.
Read moreEurozone avoids technical recession as flat Q4 GDP reading confirmed
14th Feb 2024 11:03
(Sharecast News) - The eurozone managed to avoid a technical recession in the final three months of last year as the bloc's stagnant GDP data was confirmed.
Read morePan African posts jump in first-half earnings
14th Feb 2024 11:01
(Sharecast News) - Pan African Resources reported a significant increase in net cash from operating activities in its interim results on Wednesday, soaring 134.5% to $27.2m year-on-year.
Read moreBP and Adnoc agree Egyptian joint venture
14th Feb 2024 10:27
(Sharecast News) - BP has agreed a new joint venture in Egypt with long-standing partner Adnoc, it was confirmed on Wednesday.
Read moreEurozone industrial output rises unexpectedly, employment holds steady
14th Feb 2024 10:21
(Sharecast News) - Eurozone manufacturing rose unexpectedly in December, according to fresh data released on Wednesday, suggesting a revitalisation of industrial output alongside stable employment growth.
Read moreRBC Capital starts discoverIE at 'sector perform'
14th Feb 2024 09:38
(Sharecast News) - RBC Capital Markets initiated coverage of discoverIE on Wednesday with a 'sector perform' rating and 760 price target, as it said the growth outlook remains strong, but less differentiated.
Read moreItalian watchdog fines BAT and Amazon combined €7m
14th Feb 2024 09:17
(Sharecast News) - British American Tobacco and Amazon have been fined a total of €7m by Italy's competition watchdog over "misleading" advertising.
Read moreCanaccord Genuity lowers target price on Synthomer
14th Feb 2024 09:11
(Sharecast News) - Analysts at Canaccord Genuity lowered their target price on chemicals business Synthomer from 350.0p to 300.0p on Wednesday as it effectively pushed out its expectations for the group's recovery by 12 months.
Read moreEthernity Networks names Ayala Deutsch as CFO
14th Feb 2024 09:10
(Sharecast News) - Data processing semiconductor technology supplier Ethernity Networks has appointed Ayala Deutsch to the board as the company's new chief financial officer.
Read moreAsia report: Most markets slip after US inflation reading
14th Feb 2024 08:35
(Sharecast News) - Most Asia-Pacific markets saw declines on Wednesday, following a downturn on Wall Street overnight, spurred by hotter-than-expected US inflation data.
Read moreFRP Advisory trading in line with market expectations
14th Feb 2024 08:35
(Sharecast News) - Business advisory firm FRP Advisory Group reported significant progress in the first nine months of the financial year in a trading update on Wednesday.
Read more