News Archive

Care REIT to be bought by US care home provider in £448m deal

11th Mar 2025 09:15

(Sharecast News) - Care REIT surged on Tuesday after agreeing to be bought by US care home provider CareTrust REIT in a £448m deal.

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Asia report: Global macro fears hit stocks, Japan GDP revised lower

11th Mar 2025 09:02

(Sharecast News) - Asian stocks fell on Tuesday as concerns about the global economy deterred investors from taking on too much risk, while Japanese markets reacted to weaker-than-expected GDP figures.

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Ferrexpo delays release of annual results

11th Mar 2025 09:00

(Sharecast News) - Ukraine-focused iron ore pellet producer Ferrexpo has delayed the release of its annual results due to ongoing events in Ukraine as well as the legal discussions surrounding its mining unit.

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Kier hails record order book as H1 profits, revenue rise

11th Mar 2025 08:17

(Sharecast News) - Infrastructure services firm Kier Group posted a rise in first-half profit and revenue on Tuesday and lifted its dividend as it hailed a record order book.

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Europe open: Stoxx slips as 'Trumpcession' fears grip global markets

11th Mar 2025 08:10

(Sharecast News) - European markets slipped into the red on Tuesday after a sell-off on Wall Street overnight amid fears of a "Trumpcession" driven by US tariffs.

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Rotork delivers 'strong sales growth', launches £50m buyback

11th Mar 2025 08:05

(Sharecast News) - Industrial flow control equipment manufacturer Rotork said on Tuesday that it had delivered "another year of strong sales growth and margin progress", leading it to launch a new £50.0m share buyback.

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London close: FTSE slides as Trump ramps up trade war with Canada

11th Mar 2025 08:00

(Sharecast News) - London stocks ended firmly in the red on Tuesday after Trump announced the US will double tariffs on Canadian steel and aluminium imports, further rattling markets.

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London open: FTSE touch lower amid US recession fears; Persimmon surges

11th Mar 2025 07:58

(Sharecast News) - London stocks were just a touch lower in early trade on Tuesday as worries about a US recession continued to dent sentiment, and as data showed that UK retail sales growth slowest last month.

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Volkswagen profits fall 15% amid tariff, political 'challenges'

11th Mar 2025 07:58

(Sharecast News) - Volkswagen posted a fall in annual earnings on Tuesday and said it faced challenges this year from US tariffs and geopolitical tensions.

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Supermarket Income REIT delivers 'resilient' first half

11th Mar 2025 07:54

(Sharecast News) - Grocery real estate investor Supermarket Income REIT delivered a "resilient" financial performance in its first half, with a double-digit increase in rental income, and said property valuations have troughed.

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Car finance lenders told to brace for redress scheme

11th Mar 2025 07:44

(Sharecast News) - The financial regulator is considering introducing an industry-wide redress scheme for customers left out of pocket by historic car finance mis-selling, it confirmed on Tuesday

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London pre-open: Stocks seen higher after Monday's selloff

11th Mar 2025 07:39

(Sharecast News) - London stocks were set to rise at the open on Tuesday following heavy losses in the previous session.

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Domino's sees 2025 sales up as FY profits rise on value offers

11th Mar 2025 07:33

(Sharecast News) - Domino's Pizza delivered a 3.8% rise in underlying core earnings as customers tucked into special offers in store and online.

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Genuit meets full-year profit forecasts as markets stabilise

11th Mar 2025 07:33

(Sharecast News) - Building products group Genuit saw a return to underlying growth in the second half as market conditions stabilised, and said it expects to offset impending wage bill increases through operational improvements this year.

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Tuesday newspaper round-up: Jes Staley, Unilever, ONS

11th Mar 2025 07:26

(Sharecast News) - Environmental campaigners will challenge the granting of a high-interest £3bn emergency loan to struggling Thames Water at an appeal on Tuesday, arguing the "eye-watering" costs for a short-term fix are not in the public interest. With protests planned outside the court of appeal, Charlie Maynard, a Liberal Democrat MP who represents the campaigners, will argue in a three-day hearing that the public and consumer interest is not served by the debt package, which comes with a bill of almost £1bn in interest payments and financial adviser fees. - Guardian

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