News Archive

Alpha Group reports full-year growth in revenue, profits

19th Mar 2025 08:11

(Sharecast News) - Alpha Group International reported a 23% increase in group revenue to £135.6m for the year ended 31 December on Wednesday, reflecting strong organic growth and the expanding contribution of its Cobase platform.

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London open: Stocks fall as investors mull BoJ, eye Fed announcement

19th Mar 2025 08:08

(Sharecast News) - London stocks fell in early trade on Wednesday as investors mulled the latest policy decision from the Bank of Japan and looked ahead to an announcement from the Federal Reserve.

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Ferrexpo accuses Ukraine of breaching treaty obligations

19th Mar 2025 08:08

(Sharecast News) - Shares in Ferrexpo were sharply lower on Wednesday, after the iron ore producer accused Ukraine of breaching international investment agreements.

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Santander set to axe 750 staff in latest branch closure round

19th Mar 2025 08:03

(Sharecast News) - Up to 750 staff at Santander face losing their jobs after the bank said it would close 95 branches in the UK.

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M&G beats forecasts with 2024 adjusted profits

19th Mar 2025 07:38

(Sharecast News) - Investment manager M&G swung to an annual loss in 2024 but posted a small, unexpected increase in adjusted earnings profits, helped by strong growth in asset management and cost cutting.

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Softcat ups FY guidance as profits jump

19th Mar 2025 07:36

(Sharecast News) - Shares in Softcat surged on Wednesday as the company lifted expectations for operating profit growth after interim earnings jumped by 12%.

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London pre-open: Stocks to nudge up ahead of Fed announcement

19th Mar 2025 07:34

(Sharecast News) - London stocks were set to nudge higher at the open on Wednesday as investors eyed the latest policy announcement from the Federal Reserve.

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Wednesday newspaper round-up: Tesla, British Gas, steelmakers

19th Mar 2025 07:28

(Sharecast News) - Elon Musk's vast stake in Tesla is no longer his most valuable asset as the electric car company continues to endure a sharp stock market sell-off. Musk's stake in SpaceX, his private rockets and satellites business, is now the billionaire tycoon's largest asset for the first time in five years, according to Forbes, which still pegs his net worth at $323bn - more than anyone else in the world. - Guardian

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Bank of Japan keeps key policy rate at 0.5%

19th Mar 2025 07:24

(Sharecast News) - The Bank of Japan maintained its key policy rate steady at 0.5% on Wednesday, as expected.

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Superdrug to open 25 large-format UK stores

19th Mar 2025 07:23

(Sharecast News) - Superdrug is to expand its UK footprint by opening a raft of larger stores, the health and beauty retailer announced on Wednesday.

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Pfizer exits Haleon with £2.4bn stake sale

19th Mar 2025 07:18

(Sharecast News) - Pfizer has fully exited its investment in UK-listed pharma group Haleon, selling off its remaining 7.3% stake for £2.5bn.

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Rio Tinto asks investors to reject Palliser move on ending dual listing

19th Mar 2025 07:05

(Sharecast News) - Rio Tinto has asked shareholders to vote against a resolution from hedge fund Palliser Capital to review the mining giant's dual listing in London and Sydney, calling it "value destructive".

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Europe close: Dax and gold futures hit record highs

19th Mar 2025 02:57

(Sharecast News) - European markets were up on Tuesday as investors eyed an historic vote on debt reform in Germany.

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US close: Tech stocks lead markets lower as Fed meeting looms

18th Mar 2025 21:40

(Sharecast News) - US stocks finished with steep losses on Tuesday as the selling pressure resumed after a brief two-day rebound, with blue chip tech names leading the decline.

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Thames Water in takeover talks with six suitors

18th Mar 2025 15:21

(Sharecast News) - Thames Water said on Tuesday that it has received takeover offers from six potential suitors and that talks with relevant parties are ongoing.

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