London close: Stocks rise as US jobless claims reach four-month low
26th Sep 2024 15:13
(Sharecast News) - London markets ended Thursday on a positive note, as investors reacted to a four-month low for US jobless claims, and renewed support measures from China.
Read moreLondon close: Markets give up gains to finish lower
25th Sep 2024 15:16
(Sharecast News) - London stocks ended Wednesday's session in negative territory as the impact of recent Chinese stimulus measures waned.
Read moreRightmove rejects third takeover offer from REA
25th Sep 2024 07:16
(Sharecast News) - UK property platform Rightmove has once again rejected a takeover offer from REA Group, saying the Australian outfit's latest proposal "materially undervalues" the company.
Read moreLondon close: Stocks finish higher after slew of PMI data
23rd Sep 2024 15:05
(Sharecast News) - London's stock markets ended Monday on a positive note, as investors pored over a number of economic activity reports from both the UK and international markets.
Read moreMurdoch's REA takes third tilt at Rightmove with £6.1bn offer
23rd Sep 2024 07:04
(Sharecast News) - Rightmove on Monday said it would respond to a third offer from Rupert Murdoch's REA Group for the UK housing portal valuing it at £6.1bn, "in due course".
Read moreLondon close: Stocks slip as US CPI slows, UK GDP stagnates
11th Sep 2024 16:51
(Sharecast News) - London's stock markets closed weaker on Wednesday, reflecting caution among investors following weaker-than-expected inflation data from the US and economic stagnation in the UK.
Read moreRightmove rejects £5.6bn takeover proposal from REA Group
11th Sep 2024 07:08
(Sharecast News) - Rightmove has rejected a £5.6bn takeover proposal from Australian peer REA Group, saying it undervalues the UK property platform's future prospects.
Read moreLondon close: Stocks rebound from last week's losses
9th Sep 2024 16:02
(Sharecast News) - London's markets finished in a positive state on Monday, recovering from heavy losses at the end of last week after a disappointing US non-farm payrolls report.
Read moreJefferies upgrades Rightmove, says offer from REA Group 'probable'
9th Sep 2024 08:07
(Sharecast News) - Jefferies upgraded Rightmove on Monday to 'hold' from 'underperform' and lifted the price target to 720p from 450p as it said an offer was "probable" after Australia's REA Group confirmed it was considering a possible cash and share offer for the property portal.
Read moreLondon close: Stocks slip as investors digest UK, US data
3rd Sep 2024 15:51
(Sharecast News) - London stocks ended Tuesday in negative territory as investors reacted to the latest UK retail sales date, and a fresh manufacturing sector reading out of the US.
Read moreLondon close: Stocks slip on relatively quiet Monday
2nd Sep 2024 15:25
(Sharecast News) - London's stock markets closed in the red today, with trading activity subdued as US markets remained closed for the Labor Day holiday.
Read moreShore Capital sticks with 'buy' for Rightmove amid REA takeover speculation
2nd Sep 2024 11:30
(Sharecast News) - Shore Capital has reiterated a 'buy' rating on Rightmove after Australia's REA Group confirmed it was considering an offer for the UK property platform, highlighting the opportunities for shareholders whether or not a takeover happens.
Read moreNews Corp's REA Group considering takeover offer for Rightmove
2nd Sep 2024 07:12
(Sharecast News) - Australian real estate advertising company REA Group has confirmed speculation that it is considering a possible cash and share offer for UK property platform Rightmove.
Read moreRightmove agrees new contract with OpenRent
8th Aug 2024 19:05
(Sharecast News) - Rightmove said on Thursday that it had entered into a new membership agreement with online lettings agent OpenRent.
Read moreRightmove appoints internal candidate as new CFO
7th Aug 2024 07:09
(Sharecast News) - Property portal Rightmove has announced that it is recruiting an internal replacement for its outgoing chief financial officer.
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