News Archive

Marshalls cuts divi as profits fall, but outlook improves

17th Mar 2025 07:18

(Sharecast News) - Landscaping, building, and roofing products group Marshalls has trimmed its dividend after a dip in profits in 2024, but pointed to a recovery in end-markets later this year.

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Qinetiq to take £140m impairment charge as tough markets persist

17th Mar 2025 07:06

(Sharecast News) - Shares in QinetiQ slumped by a fifth on Monday as the UK defence contractor said it would take a £140m impairment charge amid persistently tough market conditions and contract delays.

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Europe close: Stocks push higher

16th Mar 2025 14:13

(Sharecast News) - European shares surged on Friday after a bumper session in Asia boosted by China's pledge to stimulate its economy as US tariffs remained in focus and traders assessed a fall in German inflation.

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Sunday newspaper round-up: ITV, Tax, B & M

16th Mar 2025 13:35

(Sharecast News) - ITV and All3Media's continue to forge ahead with their plans to create a £3bn British TV production giant. Ultimately, their idea is that the new venture will list on the London Stock Exchange. Although a deal remains far from certain, talks are understood to have reached a very detailed level. ITV's broadcast and streaming business would keep their own share quote, while ITV Studios was merged with All3. - The Financial Mail on Sunday

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US close: Major indices round out volatile week with solid gains

14th Mar 2025 22:01

(Sharecast News) - Major indices closed higher on Friday in what had otherwise been a losing week for the Dow Jones.

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Ricardo rejects Science Group's demands for boardroom shake-up

14th Mar 2025 15:57

(Sharecast News) - Ricardo has hit back at a list of demands by major shareholder Science Group, which called for a major shake-up of the board including the replacement of its chair, saying that they represent an "unwelcome intervention" at an important time for the consultancy.

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Tesco, Sainsbury's slide as Asda says overhaul will dent profits

14th Mar 2025 15:54

(Sharecast News) - UK supermarket stocks tumbled on Friday after Asda said it would undertake a "substantive" programme of investment in price, availability and the shopping experience to get the business "firing on all cylinders again" that will "materially" dent its profits.

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KKR, Stonepeak bid deadline for Assura extended

14th Mar 2025 15:01

(Sharecast News) - Assura said on Friday that the deadline by which investment firms KKR and Stonepeak must announce a firm offer for the group has been extended to allow the consortium more time for due diligence.

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US consumer confidence tanks as policy uncertainty dampens outlook

14th Mar 2025 14:51

(Sharecast News) - Consumer confidence in the US dropped to its lowest levels in two and a half years this month as ongoing political seesawing in Washington raised inflation expectations and hammered sentiment.

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Director dealings: C&C Group CEO makes share purchase

14th Mar 2025 14:47

(Sharecast News) - C&C Group revealed on Friday that chief executive Roger White acquired 100,00 ordinary shares in the London-listed drinks maker.

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FTSE 100 movers: Melrose rallies on Citi note; Reckitt retreats

14th Mar 2025 14:47

(Sharecast News) - London's FTSE 100 was up 1.1% at 8,634.08 in afternoon trade on Friday.

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Greencore says bids for Bakkavor rejected

14th Mar 2025 14:34

(Sharecast News) - Shares in Bakkavor surged late on Friday as it emerged the food company rejected two bids from UK rival Greencore - the second worth £1.13bn.

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US open: Stocks higher as White House avoids shutdown

14th Mar 2025 14:30

(Sharecast News) - Major indices were in the green early on Friday in what has otherwise been a losing week for the blue-chip Dow Jones.

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Asia close: Stocks end mostly higher, but traders cautious

14th Mar 2025 14:24

(Sharecast News) - Asian indices were mostly higher at the end of the week, tracking a reversal in Wall Street futures after the top Democrat in the US Senate said he would not vote against a funding bill aimed at avoiding a government shutdown.

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FTSE 250 movers: Bakkavor surges; Travis Perkins slips

14th Mar 2025 13:50

(Sharecast News) - FTSE 250 (MCX) 19,931.53 1.23%

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