Rightmove 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.
Read moreLondon close: Stocks make small rebound from Monday's losses
6th Aug 2024 15:20
(Sharecast News) - London stocks ended Tuesday on a positive note, with key indices recouping some losses from the previous session's sharp selloff.
Read moreRightmove parts ways with OpenRent, reiterates FY guidance
6th Aug 2024 09:31
(Sharecast News) - Online real estate portal operator Rightmove parted way with lettings platform OpenRent on Tuesday but assured investors that its FY24 trading performance would not be affected.
Read moreLondon close: Stocks finish higher as US inflation slows
26th Jul 2024 14:35
(Sharecast News) - London stocks ended the week on a positive note on Friday, with NatWest a standout performer, as investors digested a dip in inflation from across the pond.
Read moreRightmove H1 revenue grows on continued demand for products
26th Jul 2024 09:03
(Sharecast News) - Online real estate portal operator Rightmove said on Friday that both revenue and operating profits had grown in the six months ended 30 June, driven by continued demand from agents and new home developers.
Read moreLondon close: Stocks rise further as UK exits recession
10th May 2024 16:02
(Sharecast News) - London stocks finished the trading week on a positive note on Friday, driven by gains in the mining sector, following the release of data indicating the UK's exit from recession.
Read moreRightmove paints upbeat picture as customer numbers grow
10th May 2024 07:15
(Sharecast News) - Property portal Rightmove has reiterated its revenue and profit guidance for the full year, but upgraded its customer growth expectations after a strong start to the year.
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