News Archive
Halma lifts dividend as profits rise to record high
12th Jun 2025 07:27
(Sharecast News) - Safety equipment outfit Halma has reported record revenues and profits for the 12 months to 31 March, with both rising by double-digit percentages, as it lifted its dividend by 7%.
Read moreThursday newspaper round-up: RedBird, Meta, WPP
12th Jun 2025 07:22
(Sharecast News) - A cross-party group of MPs and peers has called on ministers to investigate how a US private equity company is funding its £500m takeover of the Telegraph. In a letter sent to the culture secretary, Lisa Nandy, last week, the MPs said there was a risk of "potential Chinese state influence" in RedBird Capital. They said the firm's chair, John Thornton, sat on the advisory council of China's sovereign wealth fund and had high-level meetings with Chinese Communist party figures in 2024 and this year. - Guardian
Read moreUK economy shrinks 0.3% in April
12th Jun 2025 07:21
(Sharecast News) - The UK economy contracted more than expected in April as higher taxes and Trump's tariffs took their toll, according to figures released on Thursday by the Office for National Statistics.
Read moreSegro taps Susanne Schroeter-Crossan for CFO
12th Jun 2025 07:16
(Sharecast News) - Real estate investment trust Segro tapped Susanne Schroeter-Crossan to take over as chief financial officer on Thursday, succeeding Soumen Das who will step down at the end of the year.
Read moreCrest Nicholson holds guidance amid falling mortgage costs
12th Jun 2025 07:04
(Sharecast News) - House builder Crest Nicholson on Thursday held annual guidance after a rise in adjusted half-year earnings amid an easing in mortgage costs as interest rates fall.
Read moreTesco LFL sales grow as market share increases
12th Jun 2025 07:02
(Sharecast News) - Supermarket chain Tesco said on Thursday that like-for-like sales had grown across the group as it continued to deliver market share gains.
Read moreUS close: Stocks mostly lower following CPI reading, trade headlines
11th Jun 2025 21:48
(Sharecast News) - Major indices were mostly lower on Wednesday as market participants thumbed over a closely watched inflation report and digested US-China trade headlines.
Read morePower Metal joint venture gets drilling permit for Perch River
11th Jun 2025 17:14
(Sharecast News) - Power Metal Resources announced on Wednesday that its uranium joint venture, Fermi Exploration, has received the drilling permit for the Perch River Property in Saskatchewan's Athabasca Basin, paving the way for a maiden drill campaign.
Read moreHelium One close to securing Tanzania mining licence
11th Jun 2025 17:13
(Sharecast News) - Helium One said in an update on Wednesday that it is close to securing a mining licence for its Tanzanian operations, with final steps underway in the regulatory process.
Read moreLondon close: Stocks rise on US CPI, China trade deal
11th Jun 2025 17:11
(Sharecast News) - London stocks ended slightly higher on Wednesday as investors assessed a tentative trade truce between the US and China as well as crucial US inflation data, while chancellor Rachel Reeves' initial spending review also drew attention.
Read moreDonald Trump says US-China trade deal 'done'
11th Jun 2025 15:31
(Sharecast News) - US and Chinese officials were said to have reached a "framework" trade agreement in London.
Read morePHP urges Assura shareholders to take no action on KKR offer
11th Jun 2025 15:10
(Sharecast News) - The battle to take over Assura looks far from over after Primary Health Properties said it was considering its options as its bid for the medical property owner was trumped by private equity giant KKR on Wednesday.
Read moreBroker tips: DCC, Assura
11th Jun 2025 14:58
(Sharecast News) - Analysts at Berenberg cut their target price on sales, marketing and support services group DCC from 7,020.0p to 6,700.0p on Wednesday to reflect the sale of its healthcare unit.
Read moreFTSE 100 movers: Housebuilders gain on spending review
11th Jun 2025 14:57
(Sharecast News) - London's FTSE 100 was up 0.3% at 8,875.88 in afternoon trade on Wednesday.
Read moreAvation to pay down debt, optimise fleet after Boeing aircraft sale
11th Jun 2025 14:31
(Sharecast News) - Aircraft leasing company Avation is to sell a Boeing 777-300ER widebody aircraft for a "material profit above book value".
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