News Archive
US open: Gains limited on weak data, trade uncertainty
17th Mar 2025 12:43
(Sharecast News) - Stocks mostly edged higher on Monday though weaker-than-expected economic data was limiting upside, as risk appetite remained subdued ahead of a number of central bank meetings later in the week.
Read moreBerenberg says 'buy the dip' on 'top pick' Currys
17th Mar 2025 12:39
(Sharecast News) - Berenberg recommended on Monday that investors 'buy the dip' in Currys, as it hailed the electricals retailer as a "top pick" for 2025.
Read moreThames Water Class B investors lose appeal against bailout plan
17th Mar 2025 12:06
(Sharecast News) - Britain's Court of Appeal has ruled against campaigners and investors trying to stop the Thames Water's "eye-watering" £3bn emergency bailout, according to a decision published on Monday.
Read moreHarmony Energy Income Trust 'minded to recommend' £190.8m takeover by Foresight
17th Mar 2025 11:36
(Sharecast News) - Harmony Energy Income Trust said on Monday that it was "minded to recommend" a £190.8m takeover proposal from investment manager Foresight Group LLP.
Read moreUS retail sales growth subdued as consumer confidence wanes
17th Mar 2025 11:30
(Sharecast News) - US retail sales rose less than expected in February, while January's decline was revised down to the biggest decline in more than two years, according to data out on Monday from the Census Bureau.
Read moreLondon midday: FTSE touch higher as investors mull China stimulus
17th Mar 2025 10:54
(Sharecast News) - London stocks were still just a touch higher by midday on Monday ahead of a week packed with central bank policy announcements, as investors mulled fresh stimulus plans from China and the latest developments in Donald Trump's trade war.
Read moreCrispin Odey faces life ban, £1.8m fine over sex misconduct claims
17th Mar 2025 10:14
(Sharecast News) - Former fund manager Crispin Odey could be banned working in financial services for life and may have to pay a £1.8m fine over allegations of sexual misconduct at his company Odey Asset Management.
Read moreUK consumers more pessimistic as job insecurity persists
17th Mar 2025 09:31
(Sharecast News) - UK consumers grew a little more pessimistic about their finances in March as job insecurity persisted, according to a survey released on Monday.
Read moreChina unveils stimulus measures as economic data beats forecasts
17th Mar 2025 09:14
(Sharecast News) - China unveiled a major stimulus plan on Sunday aimed at boosting domestic consumption, while a barrage of economic data from the government came in better than analysts' forecasts.
Read moreRBC Capital upgrades CVS Group to 'outperform', shares surge
17th Mar 2025 08:40
(Sharecast News) - CVS Group surged on Monday after RBC Capital Markets upgraded the shares to 'outperform' from 'sector perform' on forthcoming clarity from the Competition and Markets Authority and Australian margins, and hiked the price target to 1,500p from 940p.
Read morePhoenix Group lifts financial guidance after strong 2024
17th Mar 2025 08:38
(Sharecast News) - Phoenix Group impressed shareholders on Monday by reporting strong strategic and financial progress for 2024, helping the savings and retirement business to lift its cash generation and earnings targets for the next two years.
Read moreTrump says tariffs to go ahead on April 2 with no exemptions
17th Mar 2025 08:25
(Sharecast News) - US President Donald Trump said he would go ahead with reciprocal and additional sector-specific tariffs on April 2 with no exemptions for the steel and aluminium sectors.
Read moreEurope open: Stoxx up as traders eye global rate calls; Qinetiq slumps
17th Mar 2025 08:04
(Sharecast News) - European shares opened higher on Monday as investors eyed interest rate decisions from around the globe this week in the first assessment of the impact of trade policies from the new US administration.
Read moreVictoria replaces CFO with investment banking vet
17th Mar 2025 08:02
(Sharecast News) - Flooring products manufacturer Victoria has announced that chief financial officer Brian Morgan is to leave the company after three years of service, causing shares to rise strongly on Monday.
Read moreUS pre-open: Futures fall as investors brace for central bank decisions
17th Mar 2025 07:57
(Sharecast News) - US stock futures were pointing to small declines across Wall Street on Monday ahead of a busy week for economic data and central bank policy decisions.
Read more