News Archive

Mr Cooper shares jump on $9bn takeover offer from Rocket

31st Mar 2025 14:12

(Sharecast News) - Shares in Mr Cooper surged in pre-market trade on Monday after fintech platform Rocket Companies launched a $9.4bn takeover offer for the American mortgage company.

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LPL Financial to buy Commonwealth Financial Network for $2.7bn

31st Mar 2025 14:01

(Sharecast News) - Wealth management company LPL Financial Holdings said on Monday that it has agreed to buy Commonwealth Financial Network, the largest independently-owned wealth management firm in the US, for around $2.7bn.

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ITM Power enters partnership with Deutsche Bahn

31st Mar 2025 14:00

(Sharecast News) - ITM Power announced on Monday that it has entered into a strategic partnership with Germany's federal railway operator, Deutsche Bahn, to collaborate on the development and deployment of sustainable transport and infrastructure solutions, with a focus on green hydrogen and related technologies.

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Revenue rises, profit falls for Bioventix

31st Mar 2025 13:56

(Sharecast News) - Bioventix reported a marginal rise in revenue for the six months ended 31 December on Monday, with profit before tax dipping slightly due to higher research and development expenditure.

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FTSE 100 movers: Defensives gain, cyclicals fall amid Trump tariff woes

31st Mar 2025 13:55

(Sharecast News) - London's FTSE 100 was down 1.2% at 8,556.00 in afternoon trade on Monday.

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Chicago PMI hits 17-month high in March

31st Mar 2025 13:43

(Sharecast News) - The downturn in business conditions across the wider Chicago area unexpectedly slowed in March, according to a survey out on Monday from the Institute for Supply Management, with a key measure of activity hitting a 17-month high.

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Apple fined EUR 150m in France over app tracking feature

31st Mar 2025 13:43

(Sharecast News) - France's competition watchdog fined Apple €150m on Monday, for abusing its dominant position in mobile app advertising through its 'App Tracking Transparency' (ATT) tool, which has been in place since 2021.

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Caledonia Mining reports record profitability

31st Mar 2025 13:42

(Sharecast News) - Caledonia Mining reported record profitability for 2024 on Monday, underpinned by higher gold prices, stable production from its flagship Blanket Mine, and cost efficiencies.

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Science Group chastises Ricardo board, says chair's position 'untenable'

31st Mar 2025 13:27

(Sharecast News) - Science Group issued a detailed and strongly-worded update criticising the governance, financial performance and strategic direction of Ricardo, in which it holds a 16.85% stake, on Monday.

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Idox makes positive start to financial year

31st Mar 2025 12:02

(Sharecast News) - Idox said in an update on Monday that it has made a positive start to the current financial year, with trading for the period from 1 November to date in line with the board's expectations.

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Thames Water pics KKR as preferred partner

31st Mar 2025 11:52

(Sharecast News) - Thames Water has selected US investment firm KKR to take a stake in the business, as the utility desperately works to avoid renationalisation amid eye-watering bill increases for its long-suffering customers.

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Mike Ashley's Frasers Group lifts stake in THG

31st Mar 2025 11:52

(Sharecast News) - Mike Ashley's Frasers Group increased its stake in ecommerce group THG on Monday.

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PRA looking to raise deposit protection limit to £110,000

31st Mar 2025 11:51

(Sharecast News) - The Prudential Regulation Authority is proposing to lift the deposit protection limit by £35,000, the first change to its guarantee in eight years.

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Europe midday: Shares dive on latest Trump tariff threat

31st Mar 2025 11:40

(Sharecast News) - European shares slumped on Monday as US President Donald Trump said he would target all countries with tariffs ahead of a raft of new levies due to take effect on Wednesday.

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US pre-open: Futures lower ahead of 'Liberation Day' tariffs

31st Mar 2025 11:40

(Sharecast News) - Wall Street futures were in the red ahead of the bell on Monday as market participants patiently await clarity on Donald Trump's planned tariff measures.

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