News Archive
US CPI comes in cooler-than-expected in May
11th Jun 2025 10:37
(Sharecast News) - US consumer price inflation increased slightly less than expected in May, according to the Bureau of Labor Statistics, up 0.1% month-on-month.
Read moreHeathrow sees busiest May on record
11th Jun 2025 10:15
(Sharecast News) - More than 7m passengers travelled through Heathrow in May, the UK airport said on Wednesday, boosted by a bumper bank holiday and an all-English Europa League final.
Read moreUS pre-open: Futures lower ahead of CPI reading
11th Jun 2025 10:10
(Sharecast News) - Wall Street futures were in the red ahead of the bell on Wednesday, ahead of a closely watched inflation report.
Read moreUS mortgage applications surge 12.5pc
11th Jun 2025 10:08
(Sharecast News) - US mortgage applications surged 12.5% in the week ended 6 June, according to the Mortgage Bankers Association, following the prior week's 3.9% decline.
Read moreDigital 9 repays credit facility after selling SeaEdge UK1
11th Jun 2025 09:33
(Sharecast News) - Digital 9 Infrastructure announced on Wednesday that it has completed the sale of its SeaEdge UK1 asset to Stellium Datacenters for £10.7m, using the proceeds to fully repay and cancel its revolving credit facility.
Read moreBerenberg lowers target price on DCC
11th Jun 2025 09:30
(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 moreAsia report: Markets rise on US-China deal hopes
11th Jun 2025 09:30
(Sharecast News) - Asia-Pacific markets advanced on Wednesday amid renewed optimism over US-China trade talks, as officials from both countries said a framework agreement had been reached and was awaiting approval from their respective leaders.
Read moreBT exploring takeover of struggling TalkTalk - reports
11th Jun 2025 09:16
(Sharecast News) - BT Group is exploring a possible acquisition of TalkTalk, it emerged on Wednesday morning, as the struggling broadband provider battled mounting financial difficulties and a sharp loss of customers.
Read morePHP still 'best option' for Assura despite new KKR bid, says Shore Capital
11th Jun 2025 09:16
(Sharecast News) - Shore Capital has retained a 'hold' rating for Assura following the news that the company has accepted an increased cash offer from KKR, saying that alternative suitor Primary Health Properties still represents the "best option" for shareholders.
Read moreTen Lifestyle secures new contract with Japanese financial services provider
11th Jun 2025 09:10
(Sharecast News) - Travel and lifestyle concierge Ten Lifestyle said on Wednesday that it has won a new multi-year contract with one of Japan's leading financial services providers.
Read moreBain Capital walks away after Craneware rebuffs takeover approach
11th Jun 2025 08:59
(Sharecast News) - Bain Capital Private Equity has abandoned a tentative bid for Craneware, it confirmed on Wednesday, after the British fintech rejected its multi-million pound approach.
Read moreCastings reports sharp decline in full-year profit
11th Jun 2025 08:16
(Sharecast News) - Castings reported a sharp decline in full-year profit on Wednesday, as lower demand from heavy truck customers and higher energy costs weighed on performance.
Read moreMolten Ventures reports £135m from exits after 'exceptional year'
11th Jun 2025 08:07
(Sharecast News) - British venture capital firm Molten Ventures boasted an "exceptional year for realisations" in the 12 months to 31 March, though the value of its portfolio was largely unchanged.
Read moreLondon open: FTSE ticks higher after US-China trade truce; spending review eyed
11th Jun 2025 07:53
(Sharecast News) - London stocks edged higher in early trade on Wednesday as investors mulled news of a "framework" trade truce between the US and China, with all eyes on Chancellor Rachel Reeves' spending review and a key US inflation reading.
Read moreEurope open: Shares make tentative gains after US-China 'deal'
11th Jun 2025 07:51
(Sharecast News) - European shares opened cautiously higher on Wednesday after the US and China reached an agreement on trade following two days of high-level talks in London.
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