News Archive

FTSE 100 movers: Miners rally but housebuilders in the red

18th Oct 2024 14:22

(Sharecast News) - London's FTSE 100 was down 0.7% at 8,326.79 in afternoon trade on Friday.

Read more

Very Group made recent offer for N Brown - reports

18th Oct 2024 12:54

(Sharecast News) - Online shopping firm Very Group was reported on Friday to have made a recent bid to acquire N Brown, the owner of fashion brands Simply Be and Jacamo, at a price lower than the 40p-per-share offer proposed by Joshua Alliance.

Read more

US housing starts slip 0.5pc in September

18th Oct 2024 12:52

(Sharecast News) - US housing starts slipped 0.5% month-on-month to a reading of 1.35m in September, according to the Census Bureau, in line with market expectations.

Read more

3i Group picks bankers to sell pet food maker MPM - report

18th Oct 2024 12:43

(Sharecast News) - Listed private equity firm 3i Group has reportedly picked bankers to sell the pet food manufacturer behind leading brands such as Applaws.

Read more

Ondine Biomedical gets UAE approval for Steriwave

18th Oct 2024 12:04

(Sharecast News) - Ondine Biomedical announced on Friday that it has received regulatory approval to market its 'Steriwave' nasal decolonisation technology in the United Arab Emirates.

Read more

Begbies Traynor says record number of UK firms in 'significant' distress

18th Oct 2024 11:44

(Sharecast News) - Begbies Traynor's latest 'Red Flag Alert' report, released on Friday, revealed a record number of UK businesses experiencing 'significant' financial distress, with 632,756 companies affected in the third quarter.

Read more

Kooth slides on Pennsylvania contract uncertainty

18th Oct 2024 11:43

(Sharecast News) - AIM-listed Kooth slumped on Friday after saying it had received a communication from the state of Pennsylvania regarding the right to terminate its first pilot contract.

Read more

Cambridge Cognition ex-CEO resigns as director

18th Oct 2024 11:40

(Sharecast News) - Cambridge Cognition, a provider of digital solutions for assessing brain health, announced the formal resignation of Dr Matthew Stork as a director of the company and its subsidiaries on Friday.

Read more

Trinity Exploration reports fall in sales volumes

18th Oct 2024 11:35

(Sharecast News) - Trinity Exploration & Production updated the market on progress in its third quarter on Friday, highlighting a decline in sales volumes, which averaged 2,471 barrels of oil per day, down from 2,705 daily barrels in the third quarter of last year, and 2,522 barrels per day in this year's second quarter.

Read more

Cloudcoco agrees £0.25m sale of Connect subsidiary

18th Oct 2024 11:32

(Sharecast News) - Cloudcoco Group announced the conditional sale of its subsidiary Cloudcoco Connect on Friday, to the BE Company, for £0.25m in cash.

Read more

MicroSalt reiterates progress after share price surge

18th Oct 2024 11:28

(Sharecast News) - MicroSalt responded to a significant rise in its share price on Friday, confirming that there was no new trading or operational update beyond the information it provided in its interim results in late September.

Read more

Berenberg lowers target price on Rio Tinto

18th Oct 2024 11:25

(Sharecast News) - Analysts at Berenberg lowered their target price on mining giant Rio Tinto from 6,200.0p to 6,000.0p on Friday following the group's Q3 operational review.

Read more

Frasers backs N Brown takeover as it ups pursuit of Mulberry

18th Oct 2024 11:21

(Sharecast News) - Mike Ashley's Frasers Group confirmed it was backing the £191m takeover of N Brown on Friday, as it continued its pursuit of luxury handbag brand Mulberry.

Read more

BP considering sale of minority stake in offshore wind business - report

18th Oct 2024 11:19

(Sharecast News) - BP is reportedly considering selling a minority stake in its offshore wind business, the latest effort by CEO Murray Auchincloss to scale back the energy company's focus on renewables.

Read more

Europe midday: Stocks rangebound as investors digest Chinese data

18th Oct 2024 11:13

(Sharecast News) - European stocks opened with small gains on Friday, though markets were rangebound with indices close to or at record highs following an interest-rate cut the previous session.

Read more