News Archive

Travis Perkins delays FY results; shares slide again

14th Mar 2025 13:37

(Sharecast News) - Travis Perkins said on Friday that its results for the year to the end of December 2024 will be delayed as its auditor has requested additional time to complete standard audit procedures, sending shares in the builders' merchant tumbling for the second time this week.

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Capricorn in advanced talks with EGPC over gas concession agreements

14th Mar 2025 12:50

(Sharecast News) - Capricorn Energy confirmed on Friday that it is in advanced talks with Egyptian General Petroleum Corporation over the Western Desert Egyptian concession agreements, which could leave to an improved gas price and increased investment and production.

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London close: FTSE ends volatile week in the black

14th Mar 2025 12:35

(Sharecast News) - London stocks ended firmly in the black on Friday after a volatile week of trading rocked by the latest twists and turns in Trump's trade war, as investors mulled an unexpected contraction in the UK economy.

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Gold prices top $3,000 as macro, geopolitical fears hit risk appetite

14th Mar 2025 11:53

(Sharecast News) - Gold prices topped the $3,000 mark for the first time in history on Friday as investors continue to seek safe havens amid fears about the global economy and the uncertain geopolitical environment.

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Europe midday: Shares power ahead after bumper Asia session

14th Mar 2025 11:40

(Sharecast News) - European 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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Liberty Global said to have approached Vodafone for Dutch JV stake

14th Mar 2025 11:32

(Sharecast News) - Liberty Global has reportedly approached Vodafone for a potential acquisition of its stake in their Dutch joint venture VodafoneZiggo.

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Agronomics losses rise but company hails portfolio progress

14th Mar 2025 11:31

(Sharecast News) - Cellular agriculture and biomanufacturing investor Agronomics saw losses swell in its first half but reported significant technological and commercial progress for the year, with shares rising on Friday.

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London midday: FTSE extends gains as investors mull GDP

14th Mar 2025 10:43

(Sharecast News) - London stocks had extended gains by midday on Friday as investors mulled an unexpected contraction in the UK economy in January.

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US pre-open: Futures higher as White House averts government shutdown

14th Mar 2025 10:35

(Sharecast News) - Wall Street futures were pointing to modest gains ahead of the bell on Friday in what has otherwise been a losing week for the blue-chip Dow Jones.

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UBS upgrades Ashmore to 'buy', shares surge

14th Mar 2025 10:21

(Sharecast News) - Ashmore surged on Friday after UBS upgraded shares of the emerging markets investment manager to 'buy' from 'neutral' and lifted the price target 180p from 175p, as it said flow momentum, investor rotations and an attractive valuation lead to a favourable risk-reward.

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UniCredit gets ECB approval to raise Commerzbank stake

14th Mar 2025 09:39

(Sharecast News) - The European Central Bank has given the green light for Italian bank UniCredit to raise its stake in German peer Commerzbank to up to 29.9%.

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Week ahead: Ukraine-Russia ceasefire, Fed, BoE in focus

14th Mar 2025 09:25

(Sharecast News) - All eyes over the coming week will on the attempts to broker a ceasefire in the war in Ukraine.

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Berenberg lowers target price on Spire Healthcare following FY24 results

14th Mar 2025 09:19

(Sharecast News) - Analysts at Berenberg lowered their target price on Spire Healthcare from 300.0p to 255.0p on Friday after the firm reported weaker-than-expected, missing consensus expectations across revenues, as well as adjusted underlying earnings and adjusted EPS.

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Life Science REIT exploring potential sale, shares surge

14th Mar 2025 09:18

(Sharecast News) - Shares in Life Science REIT surged on Friday after the real estate group announced it has kicked off a review to explore "all strategic options", including a potential sale, aimed at maximising value for shareholders.

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BMW sees €1bn hit from global tariffs as earnings slump

14th Mar 2025 09:03

(Sharecast News) - German carmaker BMW said it faced a €1bn hit from global tariffs this year as it reported a slump in annual profits amid weak demand in China.

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