News Archive

London pre-open: Stocks seen flat as investors mull jobs data

13th Feb 2024 07:42

(Sharecast News) - London stocks were set for a broadly flat open on Tuesday as investors mulled the latest UK jobs data.

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RBC Capital starts Breedon at 'outperform'

13th Feb 2024 07:36

(Sharecast News) - RBC Capital Markets initiated coverage on construction materials group Breedon on Tuesday with an 'outperform' rating and 575p price target.

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Life Science REIT inks big lease at Oxford Technology Park

13th Feb 2024 07:29

(Sharecast News) - Life Science REIT announced the full occupancy of building five at Oxford Technology Park (OTP) on Tuesday, encompassing 57,000 square feet, by technology and engineering services provider WAE Technologies.

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Silchester International takes 5% stake in ITV

13th Feb 2024 07:28

(Sharecast News) - Silchester International Investors has taken a 5% stake in broadcaster ITV, according to a filing late on Monday.

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TRIG buys Fig Power for £20m outlay

13th Feb 2024 07:23

(Sharecast News) - The Renewables Infrastructure Group has bought Fig Power, an energy projects developer based in Bristol, for an outlay of £20m over the next two years.

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Kistos expects first oil at Balder site by end of 2024

13th Feb 2024 07:22

(Sharecast News) - Oil and gas group Kistos Holdings has said that its Joutun floating production storage and offloading (FPSO) on its Balder field in Norway is nearly complete and should be producing oil by the end of the year.

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Tuesday newspaper round-up: Nuclear reactors, ITV, Metro Bank

13th Feb 2024 07:18

(Sharecast News) - MPs have warned that a planned fleet of small nuclear reactors are unlikely to contribute to hitting a key target in decarbonising Britain's electricity generation, as the government opened talks to buy a site in Wales for a new power station. The Environmental Audit Committee (EAC) said that ministers' approach to developing factory-built nuclear power plants "lacks clarity" and their role in hitting a goal of moving the grid to clean energy by 2035 was unclear. - Guardian

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UK unemployment rate eases to 3.8%

13th Feb 2024 07:02

(Sharecast News) - The UK unemployment rate eased at the end of last year, official data showed on Tuesday, while average earnings continued to rise.

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TUI delivers record Q1 and holds on to guidance

13th Feb 2024 07:01

(Sharecast News) - Travel agency company TUI has registered a positive quarterly underlying profit for the first time after a record performance in the first quarter, as it reiterated its guidance for the full year.

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Sector movers: Personal goods, miners pace gains

13th Feb 2024 04:28

(Sharecast News) - Personal Goods and Industrial Metals and Mining companies paced gains at the start of the week as the risk on attitude that has prevailed year-to-date continued to pervade markets.

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US close: Stocks mixed ahead of inflation data, but Dow hits another record

12th Feb 2024 20:54

(Sharecast News) - US equity markets finished mixed on Monday as stocks searched for direction ahead of key inflation data, with the Nasdaq and S&P 500 slipping into the red but the Dow notching its 12th record close of the year.

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London close: Stocks finish higher after very quiet Monday

12th Feb 2024 17:11

(Sharecast News) - London markets managed modest gains by the close of a subdued trading session on Monday, with no significant corporate or economic catalysts driving movements.

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Europe close: Stocks start week on the front foot

12th Feb 2024 16:54

(Sharecast News) - European shares were higher at the start of the week, tracking early gains on Wall Street even as investors waited on key inflation numbers in the U.S. due out the next day.

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Director dealings: Victrex chair makes share purchase

12th Feb 2024 16:22

(Sharecast News) - Victrex revealed on Monday that chair Vivienne Cox had purchased 1,086 ordinary shares in the FTSE 250-listed polymers business.

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Tuesday preview: US CPI; UK employment in focus

12th Feb 2024 16:08

(Sharecast News) - Tuesday's focus in financial markets will be on the U.S., where the latest cost-of-living numbers were due to be published.

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