News Archive

Broker tips: Wilmington, On the Beach, Kainos

8th Dec 2025 14:29

(Sharecast News) - Canaccord Genuity bumped up its target price on publishing firm Wilmington from 450p to 475p on Monday, following the completion of the group's £105m Conversia acquisition.

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EU gives Mars the nod to acquire Kellanova for $36bn

8th Dec 2025 14:19

(Sharecast News) - The European Commission has given unconditional clearance to Mars' $36bn acquisition of Kellanova, it announced on Monday, concluding an in-depth review that found the merger would not harm competition or strengthen the confectionery and pet-food group's bargaining power with retailers across the European Economic Area.

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LendInvest returns to profitable growth in first half

8th Dec 2025 14:19

(Sharecast News) - LendInvest reported a return to profitable growth in the first half of its 2026 financial year on Monday, driven by increased lending volumes and improved operational efficiency.

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FTSE 100 movers: CRH surges on S&P 500 inclusion; Unilever slumps

8th Dec 2025 14:13

(Sharecast News) - London's FTSE 100 was down 0.2% at 9,647.49 in afternoon trade on Monday.

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IBM to snap up Confluent in $11bn deal

8th Dec 2025 14:09

(Sharecast News) - Shares in Confluent soared on Monday, after US tech giant IBM agreed to buy the data infrastructure specialist in an $11bn deal.

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Rockfire reports progress at Molaoi zinc project

8th Dec 2025 14:06

(Sharecast News) - Rockfire Resources reported progress at its Molaoi zinc project in Greece on Monday, where drilling of the third hole in the current campaign was advancing and had reached a depth of 140 metres as of early 8 December.

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Hercules shares pop on £6.2m of new contract awards

8th Dec 2025 14:01

(Sharecast News) - Hercules announced a series of new contract awards worth about £6.2m for its Civils Projects division on Monday, strengthening its position in the UK water sector as the industry enters a major investment cycle.

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BoE planning to cut headcount due to budget pressures - report

8th Dec 2025 13:54

(Sharecast News) - The Bank of England is reportedly planning to cut headcount as its finances become strained by the cost of implementing the modernisations recommended by Ben Bernanke.

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US open: Dow slips, Nasdaq gains as Fed cut hopes linger

8th Dec 2025 13:48

(Sharecast News) - Major indices began the week on uneven footing as market participants continued to look ahead to the conclusion of the Federal Reserve's two-day monetary policy meeting later in the week.

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Mears lifts FY profit oulook, shares jump

8th Dec 2025 13:13

(Sharecast News) - Mears shares shot higher on Monday after it lifted its full-year profit outlook.

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L'Oreal lifts stake in Swiss dermatology group Galderma to 20%

8th Dec 2025 12:37

(Sharecast News) - Swiss dermatology company Galderma Group said on Monday that L'Oreal plans to buy an additional 10% stake from a consortium led by EQT, Abu Dhabi Investment Authority (ADIA), and Auba Investment.

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Hutchmed medicines get renewed, new reimbursement coverage in China

8th Dec 2025 11:50

(Sharecast News) - Hutchmed China said on Monday that several of its oncology medicines would remain covered under China's state reimbursement system next year, while another had been added to a new commercial insurance list, expanding patient access and reinforcing the company's position in the country's multi-layered healthcare market.

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BofA upgrades Kainos to 'buy', shares surge

8th Dec 2025 11:47

(Sharecast News) - Kainos surged on Monday after Bank of America upgraded the shares to 'buy' from 'underperform' and hiked the price target to 1,290p from 960p.

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Shares spark after Prudential confirms Indian IPO plans

8th Dec 2025 11:46

(Sharecast News) - Shares in Prudential sparked on Monday, after the insurer confirmed plans for a potential initial public offering of its Indian joint venture.

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SDCL tumbles as gearing exceeds investment policy, NAV falls

8th Dec 2025 11:45

(Sharecast News) - Shares in SDCL Efficiency Income Trust tumbled on Monday after it reported a drop in net asset value per share and said that gearing had exceeded the investment policy.

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