News Archive

JPMorgan puts Burberry, Kering on 'negative catalyst watch'

14th Mar 2025 08:59

(Sharecast News) - JPMorgan Cazenove placed Burberry on 'negative catalyst watch' on Friday into FY25 results on 19 May.

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Software Circle acquires Total Drive in £7.5m deal

14th Mar 2025 08:56

(Sharecast News) - Software business Software Circle has acquired end-to-end software solutions for driving instructors provider Total Drive Software in a deal worth up to £7.5m.

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Kering taps Demna Gvasalia for new artistic director of Gucci

14th Mar 2025 08:31

(Sharecast News) - Shares in luxury goods firm Kering were down double-digits in early trading after it tapped Demna Gvasalia to take over as new artistic director of Gucci.

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Europe open: Stoxx rallies despite tariff war; Kering tanks on Gucci pick

14th Mar 2025 08:10

(Sharecast News) - European shares rallied at the open on Friday as US tariffs remained in focus and traders assessed an unexpected contraction in UK economic growth in January.

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Digitalbox acquires Media Chain Group in £200k deal

14th Mar 2025 08:02

(Sharecast News) - Digital media business Digitalbox said on Friday that it had acquired The Life Network from Media Chain Group.

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London open: Stocks nudge up; UK economy unexpectedly shrinks in January

14th Mar 2025 07:46

(Sharecast News) - London stocks nudged higher in early trade on Friday after data showed the UK economy unexpectedly shrank in January.

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Melrose Industries 'presents compelling investment opportunity', says Citi

14th Mar 2025 07:44

(Sharecast News) - Citi reiterated its 'buy' rating on Melrose Industries on Friday as it said it "presents a compelling investment opportunity", sending shares in the aerospace manufacturing firm higher.

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Vanquis Banking remains on track for low single digit RoTE in 2025

14th Mar 2025 07:36

(Sharecast News) - Vanquis Banking incurred in a raft of impairment charges in a year that management dubbed as "pivotal" for its turnaround.

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London pre-open: Stocks seen up as investors mull GDP

14th Mar 2025 07:34

(Sharecast News) - London stocks were set to gain at the open on Friday as investors mulled the latest UK GDP data.

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German consumer inflation eases, but wholesale prices surge

14th Mar 2025 07:33

(Sharecast News) - Consumer price inflation in Germany unexpectedly slowed in February, though wholesale price surged by their most in nearly two years, according to data from the Federal Statistical Office on Friday.

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Friday newspaper round-up: Nationwide, Shein, Jes Staley

14th Mar 2025 07:26

(Sharecast News) - Every little helps, so they say. Nationwide building society announced this week that it would be dishing out £50 mini-windfalls to more than 12 million members. And there should be more "free cash" coming down the track for many of them, as Nationwide hopes to announce its third annual "Fairer Share" payout in May. This would follow payments of £100 that were made in 2023 and 2024. - Guardian

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Shein confirms plans to float, but questions remain over valuation and timing

14th Mar 2025 07:21

(Sharecast News) - Chinese fast fashion giant Shein has confirmed plans to float on the stock market, but has yet to disclose a preference on the location, timing or valuation.

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UK economy unexpectedly shrinks in January

14th Mar 2025 07:20

(Sharecast News) - The UK economy unexpectedly shrank in January, according to figures released on Friday by the Office for National Statistics.

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Bodycote profits drop 68% as end markets remain 'mixed'

14th Mar 2025 07:12

(Sharecast News) - Heat treatment and thermal processing services firm Bodycote delivered a cautious outlook on Friday as it presented its full-year results, with end markets remaining mixed after a "challenging" 2024, in which reported profits dropped sharply due to one-off impairment charges.

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Berkeley says govt regs putting home deliveries under pressure

14th Mar 2025 07:04

(Sharecast News) - House builder Berkeley Group reaffirmed earnings guidance but said planned government regulatory changes were putting delivery of new homes under "significant" pressure.

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