News Archive

Berenberg lowers target price on XP Power

18th Aug 2025 07:24

(Sharecast News) - Analysts at Berenberg lowered their target price on critical power control systems XP Power from 1,700p to 1,500p on Monday following the group's interim results earlier in the month.

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Monday newspaper round-up: CEO salaries, Liberty Steel, GPE

18th Aug 2025 07:18

(Sharecast News) - The bosses of Britain's largest listed companies took home record high pay packets for the third successive year, according to a report. Analysis found that the record set in the last financial year means the average FTSE 100 chief executive is now paid 122 times the salary of the average full-time UK worker. - Guardian

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HICL Infrastructure disposes of seven UK PPP assets

18th Aug 2025 07:12

(Sharecast News) - Infrastructure investor HICL Infrastructure said on Monday that it had agreed to dispose of a portfolio of seven UK public private partnership assets to Dutch pension services provider APG, for a total consideration of roughly £225m.

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Great Portland Estates secures three new fully managed leasing deals

18th Aug 2025 07:12

(Sharecast News) - Property developer Great Portland Estates said on Monday that it had secured three new fully managed leasing deals, totalling 11,720 square feet of "premium, refurbished office space".

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UK house prices fall as Summer sales surge

18th Aug 2025 07:09

(Sharecast News) - The average asking price for UK homes fell by 1.3% in August, according to data from Rightmove, down £4,969 to £368,740, as seasonal trends and competitive pricing helped fuel the strongest July for agreed sales since the post-lockdown surge of 2020.

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LandSec sells London office block for £245m

18th Aug 2025 07:06

(Sharecast News) - Land Securities on Monday said it had exchanged contracts for the sale of its Queen Anne's Mansions office block in London to Arora Group for £245m.

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US close: Dow Jones falls short of record close

15th Aug 2025 21:50

(Sharecast News) - Major indices delivered a mixed performance on Friday after hotter-than-expected wholesale inflation numbers continued to weigh on stocks.

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London close: Stocks weaker ahead of Putin-Trump talks

15th Aug 2025 17:53

(Sharecast News) - London stocks ended lower on Friday as investors turned cautious ahead of talks between US president Donald Trump and his Russian counterpart Vladimir Putin in Alaska, aimed at ending the war in Ukraine.

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Broker tips: Associated British Foods, Antofagasta

15th Aug 2025 15:58

(Sharecast News) - Shore Capital has reiterated a 'buy' rating for retail and food conglomerate Associated British Foods, praising the company's recent actions to deal with underperforming parts of the business.

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Arc Minerals upbeat on Zambian ruling

15th Aug 2025 15:29

(Sharecast News) - Arc Minerals said in an update on Friday that a judge at the Zambian High Court in Lusaka had ruled that a March 2022 consent judgment closed the court record and left the court without jurisdiction to hear further applications, bolstering its defence against what it described as "spurious and vexatious" claims from a former director.

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Anglesey stepping back from management of Grangesberg project

15th Aug 2025 15:25

(Sharecast News) - Anglesey Mining said in an update on Friday that it is stepping back from management of the Grängesberg iron ore project in Sweden after failing to agree revised terms on around $9m of senior debt owed by project company Grängesberg Iron AB (GIAB).

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International Public Partnerships gets new lead portfolio manager

15th Aug 2025 15:22

(Sharecast News) - International Public Partnerships said Friday that its investment adviser Amber Infrastructure had appointed Jamie Hossain as its lead portfolio manager, effective 1 September, succeeding Chris Morgan after a handover period.

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FTSE 250 movers: Ukraine peace hopes dent defence stocks

15th Aug 2025 15:07

(Sharecast News) - FTSE 250 (MCX) 21,783.75 -0.08%

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Wellnex Life joint CEO resigns

15th Aug 2025 15:04

(Sharecast News) - Wellnex Life said on Friday that joint chief executive and managing director George Karafotias has resigned as CEO and director, effective immediately from the board, though he woud serve a three-month notice period to provide handover support.

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Tekcapital's Innovative Eyewear hit by US tariffs

15th Aug 2025 15:02

(Sharecast News) - Tekcapital said in an update on Friday that its portfolio company Innovative Eyewear posted an 88% year-on-year rise in second-quarter revenue to $0.58m, driven by strong demand for its Lucyd Armor smart safety glasses and the recently launched Reebok Powered by Lucyd sport eyewear.

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