Sunday newspaper round-up: Darktrace, National Insurance, Royal Mail

5th May 2024 13:51

(Sharecast News) - An aura of mystery continues to linger over whether the biggest of Darktrace's shareholders are prepared to support Thoma Bravo's £4.2bn takeover. Among those is Mike Lynch, who is currently facing trial in the US over fraud claims linked to executive search software outfit Autonomy. Also unclear is the position of the Darktrace Employee Benefit Trust, which owned just under 8% of the company's shares. The trust is managed by Equiniti, which has nothing to do with the decision. - The Financial Mail on Sunday

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London close: Stocks buoyed by banking, mining positivity

26th Apr 2024 16:35

(Sharecast News) - London's equity markets closed positively on Friday, buoyed by gains in the banking sector following better-than-expected results from NatWest.

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Darktrace agrees to be bought by Thomas Bravo in $5bn deal

26th Apr 2024 08:42

(Sharecast News) - Darktrace announced on Friday that the newly-formed Thoma Bravo entity, Luke Bidco, had agreed to acquire it in an all-cash deal.

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London close: Stocks finish lower as ECB stands pat

11th Apr 2024 15:56

(Sharecast News) - London's stock markets finished in negative territory on Thursday, as investors reacted to the European Central Bank's latest policy announcement and a producer price index release in the United States.

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Berenberg hikes target price on Darktrace following Q3 results

11th Apr 2024 09:53

(Sharecast News) - Analysts at Berenberg raised their target price on software and services firm Darktrace from 600.0p to 630.0p on Thursday after the group's third-quarter results earlier this morning demonstrated a continuation of "strong momentum" seen in Q2.

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Darktrace lifts, focuses full-year guidance

11th Apr 2024 07:23

(Sharecast News) - Cybersecurity specialist Darktrace reported solid growth in both operating and financial metrics in the March quarter on Thursday, as it raised its full-year guidance.

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London close: Stocks mixed as Bailey hints at rate cuts

22nd Mar 2024 16:09

(Sharecast News) - London's stock markets closed in a mixed state on Friday as investors weighed optimistic retail sales data against remarks from Bank of England Governor Andrew Bailey.

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KKR Dark Aggregator sells 19.4m Darktrace shares in placing

22nd Mar 2024 07:52

(Sharecast News) - Jefferies said on Friday that KKR Dark Aggregator sold 19.4m shares in cybersecurity firm Darktrace in a placing.

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KKR Dark Aggregator to sell 2.5% stake in Darktrace in placing

21st Mar 2024 19:05

(Sharecast News) - Jefferies said on Thursday that KKR Dark Aggregator plans to sell a stake of around 2.5% in cybersecurity firm Darktrace in a placing to institutional investors.

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Director deals: Darktrace boss sells some shares

21st Mar 2024 15:57

(Sharecast News) - Darktrace boss Poppy Gustafsson unloaded some of her holdings in the company as the share price hit a 52-week high.

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London close: Stocks rise as UK wage growth moderates

12th Mar 2024 16:17

(Sharecast News) - London markets closed with gains on Tuesday, buoyed by hopes for interest rate cuts following a modest increase in UK wage growth.

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Deutsche Numis reiterates 'buy' rating on Darktrace

11th Mar 2024 16:34

(Sharecast News) - Deutsche Numis reiterated its 'buy' recommendation and 520p price target on Darktrace on Monday as it said first-half profitability was "materially" ahead of expectations.

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London close: Stocks mixed as investors look to US inflation data

11th Mar 2024 14:48

(Sharecast News) - London markets closed in a mixed state on Monday, reflecting a broader trend of cautious trading after a primarily weaker session in Asian markets overnight.

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Darktrace shares surge on 'strong' H1 results

7th Mar 2024 09:32

(Sharecast News) - Cyber security business Darktrace shares surged on Thursday as the group detailed a "strong 1H financial performance".

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London close: Stocks mixed ahead of Fed minutes, Nvidia results

21st Feb 2024 15:01

(Sharecast News) - London's stock markets closed with a mixed performance on Wednesday, as investors awaited updates from the US Federal Reserve and results from AI chipmaker Nvidia.

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