London close: Stocks finish mixed as US GDP growth slows
25th Apr 2024 15:14
(Sharecast News) - London's stock markets finished with a mixed performance on Thursday, as investors digested a slower-than-expected GDP growth reading from the United States, while a slew of well-received earnings underpinned the top-flight index.
Read moreLondon 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.
Read moreRBC Capital downgrades St James's Place, slashes price target
22nd Mar 2024 09:21
(Sharecast News) - RBC Capital Markets downgraded St James's Place on Friday to 'sector perform' from 'outperform' and slashed the price target to 500p from 900p.
Read moreSunday newspaper round-up: EasyJet, Direct Line, Cairo
3rd Mar 2024 15:16
(Sharecast News) - EasyJet founder Sir Stelios Haji.Ioannou has called time on his long-running feud with the "scoundrels" running the carrier. Haji-Ioannou has admitted that his war with easyJet boss Johan Lundgren was motivated by his fear that it would not get through Covid-19. His latest remarks come as the company is preparing to re-enter the ranks of the FTSE 100. They also come after attempts by easyJet to fill the gap in the market left by the collapse of Monarch and Thomas Cook, with Lundgren and chairman Stephen Hester having tried to shift focus towards selling holidays instead of just flights. - The Sunday Times
Read moreCiti upgrades St James's Place to 'buy' after stock sinks
29th Feb 2024 09:22
(Sharecast News) - Citi has upgraded its stance on St James's Place after a collapse in the the financial advice company's shares this week, saying that the "potholes have been filled".
Read moreLondon close: Stocks slip as US GDP growth decelerates
28th Feb 2024 15:01
(Sharecast News) - London's equity markets experienced a downturn by the close on Wednesday, largely influenced by underperforming stocks such as St James's Place and Reckitt Benckiser, following disappointing financial results.
Read moreDeutsche Numis puts St James's Place rating under review after results
28th Feb 2024 14:08
(Sharecast News) - Deutsche Numis put its rating on St James's Place under review from 'buy' on Wednesday after the wealth manager's full-year results.
Read moreSt James's Place swings to loss as it sets aside £426m for client refunds
28th Feb 2024 07:37
(Sharecast News) - Wealth manager St James's Place tumbled on Wednesday after saying it swung to a full-year loss and slashing its dividend, as it set aside £426m for potential client refunds.
Read moreLondon close: Stocks turn green after US GDP release
25th Jan 2024 15:13
(Sharecast News) - Stocks in London had turned higher by the close on Thursday, as investors digested a better-than-expected GDP reading out of the United States.
Read moreSt James's Place inflows narrow despite record funds under management
25th Jan 2024 07:26
(Sharecast News) - St James's Place reported gross inflows for 2023 of £15.39bn on Thursday, down from £17.03bn in 2022.
Read moreLondon close: Stocks finish red after choppy session
9th Jan 2024 16:22
(Sharecast News) - London stocks had turned back into the red by the close on Tuesday, with recruitment firms and asset managers pacing the declines after some disappointing corporate updates.
Read moreLondon close: Stocks weaker after busy week for rate decisions
15th Dec 2023 14:48
(Sharecast News) - London's stock markets ended the week on a subdued note on Friday as investors digested recent central bank policy updates.
Read moreSt James's Place to raise up to £1bn to buy out partner firms - report
15th Dec 2023 09:12
(Sharecast News) - St James's Place is considering raising up to £1bn by the end of the decade, it was reported on Friday, to help support succession plans.
Read moreSomerset Capital Management to close
7th Dec 2023 13:20
(Sharecast News) - Somerset Capital Management, the boutique fund manager co-founded by Jacob Rees-Mogg, is to close, the firm announced on Thursday.
Read moreSt James's Place defends payouts for top bosses, shares jump
15th Nov 2023 14:41
(Sharecast News) - St James's Place rallied on Wednesday after the wealth manager defended a decision not to cut share awards for top bosses last year despite a drop in its share price.
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