News Archive
Days of shop price deflation 'numbered' as food prices pick up, says BRC
28th Apr 2025 07:42
(Sharecast News) - Overall shop prices in the UK fell in April compared with last year, though the rate of the decline eased as food inflation picked up on the back of rising labour costs.
Read moreMarlowe raises buyback plan as profits top forecasts
28th Apr 2025 07:38
(Sharecast News) - Marlowe has raised its share buyback programme after delivering a "strong" performance over the financial year ended 31 March, with profits expected to be ahead of market forecasts.
Read moreLondon pre-open: Stocks set for more gains
28th Apr 2025 07:30
(Sharecast News) - London stocks were set for more gains on Monday, following their tenth consecutive close in the black at the end of last week.
Read moreMonday newspaper round-up: UK banks, RedBird Capital, Will Shu
28th Apr 2025 07:20
(Sharecast News) - UK banks' earnings reports will be studied this week for signs of turmoil linked to Donald Trump's tariff drama, with uncertainty over global growth likely to weigh on lenders with heavy exposure to China, including HSBC. First-quarter profits only reflect the January-to-March period that preceded the US president's "liberation day" tariff announcements on 2 April. But investors will be concerned about any hints of caution around earnings forecasts, as well as an uptick in money put aside for defaults by tariff-hit borrowers. - Guardian
Read moreMediobanca launches €6.3bn bid for Banca Generali
28th Apr 2025 07:19
(Sharecast News) - Italy's Mediobanca on Monday unveiled a €6.3bn bid for rival Banca Generali in a move to expand its wealth management division.
Read moreGPE retains 91% of fully managed customers
28th Apr 2025 07:08
(Sharecast News) - Great Portland Estates said it retained 91% of its fully managed customers at break or expiry for the year to March, driven by strong demand for office space.
Read morePlus500 to beat estimates after strong Q1
28th Apr 2025 07:08
(Sharecast News) - Fintech group Plus500 has said it expects 2025 results to be ahead of current market forecasts after an "excellent" start to the year, driven by recent macroeconomic and financial market conditions.
Read moreSunday newspaper round-up: India-Pakistan, Drax group, Shein
27th Apr 2025 20:51
(Sharecast News) - Indian Navy ships test-fired missiles on Sunday to demonstrate the country's ability to launch "long-range, precision offensive" strikes. The move follows rising tensions with Pakistan after an attack on civilians at a tourist site in Kashmir. Also at the weekend, Pakistan's railway minister warned that Islamabad's arsenal of over 130 missiles was "not kept as models". - Guardian
Read moreUS close: Alphabet results, trade newsflow lifts stocks
25th Apr 2025 21:39
(Sharecast News) - US stocks logged their fourth day in positive territory as investors focused on improving newsflow regarding tariffs and shrugged off some gloomy consumer confidence data.
Read moreWeek ahead: US non-farm payrolls, inflation data in focus
25th Apr 2025 16:49
(Sharecast News) - Investors' focus over the coming week will be on the US jobs market.
Read moreBerenberg ups target for Babcock, cites outlook, leverage, pensions deficit
25th Apr 2025 16:44
(Sharecast News) - Analysts at Berenberg upped their target price for shares of defence engineer Babcock, from 885.0p to 910.0p.
Read moreDeutsche Bank cuts IAG target price on US exposure
25th Apr 2025 16:27
(Sharecast News) - Analysts at Deutsche Bank lowered their target price for shares of IAG, telling clients that the outlook for transatlantic airlines had "undoubtedly" deteriorated in the aftermath of the reciprocal trade tariffs levied by the US and EU.
Read moreEurope close: Stocks push higher for third week straight
25th Apr 2025 16:14
(Sharecast News) - European stock markets pushed higher for the fourth straight day on signs of a potential easing of trade tensions between the US and China.
Read moreDirector dealings: RWS Holdings CEO raises stake
25th Apr 2025 16:11
(Sharecast News) - RWS Holdings revealed on Friday that chief executive officer Benjamin Faes had acquired 1.0m ordinary shares in the AIM-listed software developer.
Read moreLondon close: Stocks end week on a positive note
25th Apr 2025 16:06
(Sharecast News) - London stocks finished higher on Friday, even as investors locked in profits following nine straight days of gains, driven by easing trade tensions and hopes of a rate cut by the Federal Reserve.
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