News Archive

Broker tips: Pennon, Admiral, Team Internet

10th Mar 2025 16:22

(Sharecast News) - Analysts at Citi upgraded shares of Pennon on Monday, telling clients that markets had become unduly pessimistic.

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Travis Perkins CEO Redfern to step down due to ill health

10th Mar 2025 15:59

(Sharecast News) - Travis Perkins said on Monday that chief executive Pete Redfern was stepping down with immediate effect due to ill health.

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Director dealings: Angling Direct chairman lowers stake

10th Mar 2025 15:36

(Sharecast News) - Angling Direct revealed on Monday that chairman Martyn Page had disposed of 400,000 ordinary shares in the AIM-listed fishing tackle and equipment retailer.

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FTSE 250 movers: Assura surges; Clarkson sinks

10th Mar 2025 14:24

(Sharecast News) - FTSE 250 (MCX) 19,910.79 -1.08%

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US open: Stocks sharply lower amid recession fears

10th Mar 2025 14:19

(Sharecast News) - Wall Street stocks were firmly in the red early on Monday amid fears of a potential recession.

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Lloyd's of London estimates $2.3bn market loss from Californian wildfires

10th Mar 2025 14:08

(Sharecast News) - Lloyd's of London has pencilled in a $2.3bn (£1.8bn) net loss to the insurance market from the Californian wildfires but says it is still too early to give an accurate prediction.

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FTSE 100 movers: Whitbread recovers; Rolls-Royce slumps

10th Mar 2025 14:02

(Sharecast News) - London's FTSE 100 was down 0.8% at 8,613.31 in afternoon trade on Monday.

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Canadian oil groups Whitecap and Veren announce $15bn merger

10th Mar 2025 13:07

(Sharecast News) - Canadian oil producers Whitecap Resources and Veren have announced plans to merge in a $15bn deal that they say will create a "world-class energy producer".

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Berenberg reinstates coverage on Team Internet following Verdane's exit

10th Mar 2025 12:20

(Sharecast News) - Analysts at Berenberg reinstated coverage on internet services business Team Internet at 'buy' on Monday, albeit at a reduced target price.

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Admiral showing no signs of slowdown, says RBC

10th Mar 2025 12:06

(Sharecast News) - RBC Capital Markets has hiked its target price for Admiral following the insurer's 2024 results released last week, saying the company showed "no signs of slowing down".

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London midday: Shares extend losses on trade war woes

10th Mar 2025 11:52

(Sharecast News) - London stocks were lower on Monday as worries about US President Donald Trump's trade war continued to dent sentiment.

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Europe midday: Shares down on tariff worries; Novo Nordisk slides

10th Mar 2025 11:18

(Sharecast News) - European shares were down sharply on Monday, giving up early gains as worries over erratic US tariffs policies dented sentiment.

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UK companies still pausing on hiring due to 'subdued' market - survey

10th Mar 2025 10:26

(Sharecast News) - UK companies are still pausing hiring plan due to a "subdued" economic outlook and rising payroll costs, according to a survey published on Monday.

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NWF Group acquires Northern Energy Oil in £8.3m deal

10th Mar 2025 10:16

(Sharecast News) - Specialist distributor NWF Group revealed on Monday that it has acquired fuel distributor Northern Energy Oil in a deal worth as much as £8.3m.

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US pre-open: Futures sharply lower amid recessions fears

10th Mar 2025 10:05

(Sharecast News) - Wall Street futures were in the red ahead of the bell on Monday amid ongoing tariff negotiations and fears of a potential recession.

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