News Archive
German January industrial production beats forecasts
10th Mar 2025 07:11
(Sharecast News) - German industrial production rose 2% in January compared with the previous month, the federal statistics office said on Monday, beating estimates of a 1.5% increase.
Read moreGreat Portland signs biggest fully managed deal with Next
10th Mar 2025 07:04
(Sharecast News) - Great Portland Estates on Monday said it had secured its largest fully managed deal to date, letting more than 11,500 sq ft of office space to FTSE 100 retailer Next in central London on a five-year term. No financial details were disclosed.
Read moreClarkson FY meets upgraded guidance despite softer markets
10th Mar 2025 07:03
(Sharecast News) - Shares in shipping broker Clarkson slumped 20% on Monday as US trade tariffs, political tensions and economic weakness resulted in lower freight rates and asset values, hitting spot business.
Read moreAssura 'minded to recommend' improved takeover proposal from KKR, Stonepeak
10th Mar 2025 07:02
(Sharecast News) - Assura said on Monday that it was "minded to recommend" an improved, £1.61bn cash takeover proposal from investment firms KKR and Stonepeak.
Read moreMonday newspaper round-up: Hiring, Starlink, Thames Water
10th Mar 2025 06:54
(Sharecast News) - Companies are putting the brakes on hiring new staff amid a "subdued" economic outlook and rising wage bills, according to the latest business surveys. In signs of a weakening UK labour market, the consultancy KPMG and the trade body the Recruitment and Employment Confederation (REC) said a marked decline in the number of people being placed in permanent and temporary roles continued in February, although hiring declined at a slower pace than in January. - Guardian
Read moreSunday newspaper round-up: BP, Defence, Tesla
9th Mar 2025 12:24
(Sharecast News) - Hedge fund Elliott wants BP to let go its petrol stations and move aggressively to improve its performance. BP management is preparing for a push in that regard by the activist investor. Elliott has already expressed its dissatisfaction with BP boss, Murray Auchincloss's move away from green projects and £10bn in additional investment in oil. - The Financial Mail on Sunday
Read moreUS close: Stocks rise after tumultuous week for markets
7th Mar 2025 23:10
(Sharecast News) - US stocks managed to finish the week on a positive note after a volatile session following a weaker-than-expected jobs report and comments from the head of the Federal Reserve, who said policymakers were in a holding pattern on interest rates.
Read moreEurope close: Stocks mostly lower at week's end
7th Mar 2025 17:24
(Sharecast News) - European stocks were mostly lower on Friday as investors continued to digest the latest seesawing from Donald Trump on trade tariffs, and despite an in-line reading on the US jobs market.
Read moreHunting buys Organic Oil Recovery technology for $17.5m
7th Mar 2025 17:00
(Sharecast News) - Hunting said on Friday that it has bought Organic Oil Recovery (OOR) technology from its founding shareholders for $17.5m.
Read moreBroker tips: Whitbread, Dowlais, Reckitt
7th Mar 2025 16:42
(Sharecast News) - JPMorgan Cazenove downgraded Premier Inn owner Whitbread on Friday to 'neutral' from 'overweight' and slashed the price target to 3,000.0p from 4,400.0p as it took a fresh look at European hotel stocks.
Read moreDirector dealings: Pets At Home director snaps up shares
7th Mar 2025 15:41
(Sharecast News) - Pets At Home revealed on Friday that non-executive director Garret Turley had acquired 21,349 ordinary shares in the FTSE 250-listed retailer.
Read moreJersey Oil and Gas drops on delays at Buchan field
7th Mar 2025 15:17
(Sharecast News) - The share price of Jersey Oil and Gas dropped on Friday after the AIM-listed upstream producer announced that partner Dana Petroleum has terminated a planned purchasing of a floating, production, storage and offloading (FSPO) vessel for the Buchan Horst oil field.
Read moreEurocell snaps up aluminium door maker for £29m
7th Mar 2025 15:16
(Sharecast News) - Windows, doors and roofing group Eurocell has purchased residential construction products firm Alunet for £29m.
Read moreFTSE 100 movers: Housebuilders rally; Melrose in the red again
7th Mar 2025 13:52
(Sharecast News) - London's FTSE 100 was down 0.4% at 8,649.40 in afternoon trade on Friday.
Read moreCiti lifts Dowlais price target after results
7th Mar 2025 13:37
(Sharecast News) - Citi lifted its price target on Dowlais on Friday to 72p from 58p following the company's full-year results earlier in the week.
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