News Archive
Pinewood Technologies secures 5-year contract with Marshalls, shares jump
22nd Oct 2024 07:24
(Sharecast News) - Pinewood Technologies surged on Tuesday after saying it had secured a five-year contract with automotive retailer Marshalls to implement Pinewood systems into their stores.
Read moreHunting cuts full-year guidance as oil prices fall
22nd Oct 2024 07:17
(Sharecast News) - Shares in Hunting were sliding on Tuesday morning, after the company announced it was trimming its full-year guidance amid falling oil prices.
Read moreUS close: Stocks mixed as traders await more Q3 earnings
21st Oct 2024 21:37
(Sharecast News) - Wall Street stocks turned in a mixed performance on Monday as Q3 earnings season gets set to pick up steam.
Read moreIDS subsidiary GLS to buy 20% stake in Greek courier firm ACS
21st Oct 2024 17:25
(Sharecast News) - International Distribution Services - the parent company of Royal Mail - said on Monday that subsidiary GLS has agreed to buy a 20% stake in Greek courier firm ACS Postal Services from Quest Holdings for €74m (£62m).
Read moreEurope close: Stocks fall as risk appetite slides
21st Oct 2024 16:47
(Sharecast News) - European stock markets started the new week on the back foot, with the Stoxx 600 retreating from a four-week high, as investors scaled back risk appetite and poured into safe-haven assets like gold.
Read moreLondon close: Stocks give up gains to finish in the red
21st Oct 2024 15:48
(Sharecast News) - London stocks ended lower on Monday, after the People's Bank of China made bigger-than-expected cuts to loan prime rates, while UK house price growth stagnated.
Read moreYellow Cake confident despite fall in uranium prices
21st Oct 2024 15:40
(Sharecast News) - Yellow Cake, a specialist company holding physical uranium for long-term investment, reported a 4.4% decrease in the value of its uranium holdings during the September quarter on Monday.
Read moreFTSE 250 movers: Miners rise on China rate cut, record gold prices
21st Oct 2024 15:25
(Sharecast News) - Mining stocks were dominating the risers list on the FTSE 250 on Monday, as stimulus measures in China and commodity prices provided a boost to sentiment.
Read moreMidwich revises expectations amid challenging market
21st Oct 2024 15:22
(Sharecast News) - Audio-visual distribution specialist Midwich Group revised its expectations for the year on Monday, amid persistently challenging market conditions.
Read moreDisney names new chair as CEO search continues
21st Oct 2024 14:53
(Sharecast News) - The Walt Disney Company is poaching Morgan Stanley's executive chairman James Gorman to helm the board, and said it expected to announce a successor to chief executive Bob Iger in 2026.
Read moreFTSE 100 movers: Fresnillo shines; Intertek hit by downgrade
21st Oct 2024 14:33
(Sharecast News) - London's FTSE 100 was down 0.2% at 8,338.67 in afternoon trade on Monday.
Read moreKenvue shares jump as activist investor Starboard buys in
21st Oct 2024 14:09
(Sharecast News) - Shares in American consumer health products group Kenvue were surging on Monday morning on reports that activist investor Starboard Value has amassed a "sizeable stake" in the company.
Read moreElixirr acquires Hypothesis Group in $45m deal
21st Oct 2024 13:42
(Sharecast News) - Elixirr International announced the acquisition of Hypothesis Group, a US-based insights and strategy firm, for a maximum consideration of $45m on Monday.
Read moreOcado lining up former Microsoft executive as next chairman - report
21st Oct 2024 13:37
(Sharecast News) - A former Microsoft executive is reportedly being lined up as the next chairman of Ocado Group.
Read moreSanofi to sell 50% stake in Opella to CD&R
21st Oct 2024 12:55
(Sharecast News) - Sanofi said on Monday that it has agreed to sell a 50% stake in its consumer healthcare business, Opella, to US private equity firm Clayton, Dubilier & Rice in a €16bn deal.
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