News Archive

Hvivo client acquired by MSD in $9.2bn deal

27th Nov 2025 07:58

(Sharecast News) - Contract research organisation Hvivo congratulated its client Cidara Therapeutics on Thursday after the US biotech firm agreed to be acquired by Merck Sharp & Dohme in a deal worth around $9.2bn.

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Halfords backs FY expectations after 'strong' H1

27th Nov 2025 07:56

(Sharecast News) - Halfords said on Thursday that it was on track to deliver FY26 expectations following a "strong" first half, as it pointed to a solid performance from cycling.

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JPMorgan Chase unveils plans for new Canary Wharf HQ

27th Nov 2025 07:44

(Sharecast News) - US banking giant JPMorgan Chase has announced plans to build a new three-million square foot tower in London's Canary Wharf, home to up to 12,000 employees.

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Berenberg lowers target price on Strix

27th Nov 2025 07:35

(Sharecast News) - Analysts at Berenberg lowered their target price on kettle controls manufacturer Strix from 85p to 75p on Thursday following the group's trading update a day earlier, but said it continues to consider its valuation "attractive" given the medium-term outlook for the business.

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Asahi delays results due to cyber attack as 1.5m customer details accessed

27th Nov 2025 07:34

(Sharecast News) - Japanese brewing giant Asahi on Thursday said the personal details of more than 1.5 million customers had been accessed in a cyber attack last September as it also delayed publication of its full-year results.

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London pre-open: Stocks to edge lower as investors continue to assess Budget

27th Nov 2025 07:34

(Sharecast News) - London stocks were set to edge down at the open on Thursday as investors continued to mull the implications of the Budget.

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Anglo Asian shares surge as trading resumes amid takeover speculation

27th Nov 2025 07:30

(Sharecast News) - Trading in shares of precious metals producer Anglo Asian Mining was restored early on Thursday after being briefly suspended earlier in the week amid takeover speculation.

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Safestore revenues rise on new openings, UK demand

27th Nov 2025 07:29

(Sharecast News) - Self storage chain Safestore reported a 6.1% rise in fourth quarter revenue year-on-year with positive contributions on a like-for-like and new stores basis.

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Sales and profits sink at Remy Cointreau

27th Nov 2025 07:28

(Sharecast News) - Remy Cointreau reiterated its full-year outlook on Thursday, despite a slump in half-year sales and profits, as new chief executive Franck Marilly pledged to turn the iconic French drinks brand around.

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Marshalls CEO Matt Pullen steps down with immediate effect

27th Nov 2025 07:27

(Sharecast News) - Hard landscaping products manufacturer Marshalls said on Thursday that Matt Pullen will be stepping down from his role as chief executive officer, with immediate effect.

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Friday preview: Nationwide house prices in focus

27th Nov 2025 07:20

(Sharecast News) - Friday looks set to be a quiet end to the week, with no major UK corporate releases due and US markets closing early for the Thanksgiving holiday.

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Thursday newspaper round-up: Retailers, first-time buyers, Kevin Hassett

27th Nov 2025 07:20

(Sharecast News) - Retailers have breathed a sigh of relief after changes to their business rates bills in the budget were not as bad as feared, after the industry had warned for months that more punitive measures could lead to shop closures and jobs losses. The chancellor, Rachel Reeves, on Wednesday revealed plans to permanently reduce business rates for retail, hospitality and leisure properties - although the discounts are not as generous as those that have been in place since the pandemic. About 750,000 properties in those sectors will see their bills set below the current standard level, with deeper discounts for smaller operators, according to the government. - Guardian

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Unite-Empiric merger given green light by competition regulator

27th Nov 2025 07:11

(Sharecast News) - Student accommodation group Unite's proposed acquisition of smaller rival Empiric has been approved by the Competition and Markets Authority, the regulator announced on Thursday.

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Sirius Real Estate acquires multi-tenant business park in Hamburg

27th Nov 2025 07:02

(Sharecast News) - Business parks investor Sirius Real Estate said on Thursday that it has acquired a multi-tenant business park in Hamburg for €31.9m.

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Pennon Group returns to profit as revenues surge

27th Nov 2025 07:01

(Sharecast News) - Pennon Group swung back into the black in the first half, the utility confirmed on Thursday, boosted by higher bills and strong demand over the hot summer months.

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