Sunday newspaper round-up: Pressure on sterling, steel suppliers and Sajid Javid
8th Nov 2015 15:41
(ShareCast News) - The pound could plunge against the dollar to levels last seen during the financial crisis due to the increased likelihood of a US interest rate rise. Ever more economists predict December will see the Federal Reserve lift interest rates for the first time in years, while the Europ
Read moreSABMiller and AB InBev extend takeover deadline
4th Nov 2015 07:56
(ShareCast News) - London-listed brewer SABMiller has secured another deadline extension from the Takeover Panel for Anheuser-Busch InBev to make a formal offer to the company, as the two look to iron out the details and get shareholder backing for the £68bn deal. The companies said in a joint state
Read moreC&C Group circling potential merger cast-offs
1st Nov 2015 11:47
(ShareCast News) - C&C Group, which makes Magners cider and Tennent's lager, is reportedly interested in a number of beers that will be sold off by SABMiller and AB InBev if a merger between the two goes ahead. The Irish-listed company has been keen to find ways to tackle sliding profits, which fell
Read moreLondon pre-open: Stocks seen flat ahead of FOMC rate announcement
28th Oct 2015 07:09
(ShareCast News) - London stocks are expected to open flat on Wednesday as investors adopt a cautious stance ahead of the Federal Open Market Committee rate announcement, which is due after the European close. "While no change is expected today the statement will be closely scrutinised for any chang
Read moreSABMiller and AB InBev extend takeover deadline to 4 November
28th Oct 2015 07:08
(ShareCast News) - SABMiller and Anheuser-Busch InBev have extended the deadline for the Belgium-based company to make a formal takeover offer for the London-listed brewer by a week. SAB said on Wednesday that it has requested the Panel on Takeovers and Mergers extend the relevant deadline until 170
Read moreMonday newspaper round-up: Savers, Home, SAB Miller
26th Oct 2015 07:17
(ShareCast News) - Savers have seen at least £7bn removed from the value of their stock funds during the past six months because of the market turmoil that sent prices plummeting. Figures from the industry reveal the extent of the damage inflicted on share funds - unit trusts and investment trusts -
Read moreMonday newspaper round-up: Savers, Home, SAB Miller
26th Oct 2015 07:17
(ShareCast News) - Savers have seen at least £7bn removed from the value of their stock funds during the past six months because of the market turmoil that sent prices plummeting. Figures from the industry reveal the extent of the damage inflicted on share funds - unit trusts and investment trusts -
Read moreSugar taxes and food promotion clampdown could follow PHE obesity report
22nd Oct 2015 16:24
(ShareCast News) - A report by UK public health officials has found sugar taxes are an effective tool to combat obesity and has called for restrictions on food manufacturers and supermarkets offering deals on unhealthy foods and marketing to children. The report, 'Sugar Reduction: The evidence for a
Read moreWednesday broker round-up
14th Oct 2015 10:28
(ShareCast News) - John Laing Group: HSBC starts new coverage with a buy, sets target price at 2.50p. Domino's Pizza Group: N+1 Singer upgrades to buy. Target price: 1000.00p. Sabmiller: RBC Capital Markets reiterates sector perform, lifts target price to 4400.00p. Cranswick: HSBC reiterates to bu
Read moreLondon close: Stocks close lower on UK deflation, weak Chinese trade data
13th Oct 2015 16:12
(ShareCast News) - The FTSE 100 ended down 28.90 points to 6,342.28 on Tuesday as September data showed the UK experienced deflation and China's exports and imports declined. The Office for National Statistics said the UK consumer price index fell 0.1% year-on-year last month, compared to analysts'
Read moreFTSE 100 movers: SAB surges on AB InBev agreement; Royal Mail slumps
13th Oct 2015 13:59
(ShareCast News) - London's FTSE 100 was down 1.1% by mid afternoon at 6,304.21 as uninspiring Chinese trade figures and UK inflation data weighed on investors' minds. London-listed brewer SABMiller surged after it agreed in principle to a possible £44 per share takeover offer from Belgium-based Anh
Read moreLondon midday: Equities fall as UK slips into deflation
13th Oct 2015 11:28
(ShareCast News) - The UK equities market was under the cosh as the nation unexpectedly slipped into deflation in September. The Office for National Statistics revealed the consumer price index fell 0.1% year-on-year last month, compared to analysts' estimates for a flat reading in line with August.
Read moreLondon open: Stocks slide as Chinese imports and exports contract
13th Oct 2015 08:33
(ShareCast News) - London's FTSE 100 index declined early on Tuesday after Chinese trade data showed a fall in exports and imports in September, adding to worries about the country's flagging economy. Chinese exports decreased 3.7% in September from a year earlier in US dollar terms following a 5.5%
Read moreLondon pre-open: Stocks to start slightly lower after Chinese trade data
13th Oct 2015 07:30
(ShareCast News) - Stocks are expected to begin the session slightly lower following the release of weak Chinese trade data overnight and mixed remarks from US Federal Reserve officials. The top flight index was being called to start the session 18 points lower from Monday's closing level of 6,371.1
Read moreSABMiller board agrees to AB InBev's GBP44 per share offer
13th Oct 2015 07:06
(ShareCast News) - SABMiller have agreed to a possible £44 per share takeover offer from AB InBev. The FTSE 100 brewer announced the deal on Tuesday. Under the terms of the potential offer, SABMiller shareholders would receive £44 per share. The board of SABMiller has indicated to AB InBev it woul
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