Stock market news from ShareCast
London open: FTSE hits fresh post-pandemic high amid deal news
Fri 07 May 2021 08:04
(Sharecast News) - London stocks rose in early trade on Friday, with the top-flight index hitting a new post-pandemic high as deal news and strong commodity prices provided a boost ahead of the latest US non-farm payrolls report.
Europe open: Shares hit record highs on Meggitt takeover talk
Fri 07 May 2021 08:01
(Sharecast News) - European shares hit record levels at the opening on Friday, boosted by strong US markets, an upbeat outlook from sportswear maker Adidas and reports that UK aerospace engineer Meggitt could be a takeover target.
London pre-open: Stocks seen up ahead of payrolls
Fri 07 May 2021 07:29
(Sharecast News) - London stocks were set to rise at the open on Friday as investors eye the release of the latest US non-farm payrolls report.
Europe close: Stocks carve out small gains buoyed by results and data
Thu 06 May 2021 16:30
(Sharecast News) - European markets finished mostly higher as investors cheered strong earnings from Societe Generale and others.
London close: Stocks finish firmer on Bank of England optimism
Thu 06 May 2021 16:07
(Sharecast News) - London stocks closed in the green on Thursday, after the Bank of England sated market expectations by standing pat on monetary policy.
Friday newspaper round-up: Ad scams, Liberty Steel, GKN
Fri 07 May 2021 07:21
(Sharecast News) - A coalition of organisations including City of London police and the consumer body Which? is demanding the government make tech giants such as Google and Facebook legally responsible for fake and fraudulent adverts. In a joint letter to
Thursday newspaper round-up: Covid contracts, Indivior, KPMG, Glaxo
Thu 06 May 2021 07:22
(Sharecast News) - The government has been urged to publish details of up to £2bn in Covid-19 contracts awarded to private healthcare companies, including some that have helped fund the Conservative party. Contracts to provide extra capacity during the p
Activist Bramson defeated as he sells Barclays stake
Fri 07 May 2021 09:13
(Sharecast News) - Edward Bramson has sold his entire stake in Barclays in a defeat for his three-year campaign to force change at the bank.
Meggitt surges as Woodward said to explore possible acquisition
Fri 07 May 2021 08:07
(Sharecast News) - Meggitt shares surged on Friday following a report that US-based Woodward Inc could be looking to buy the London-listed aerospace engineer.
AstraZeneca's Imfinzi demonstrates benefit in combination with antibody
Fri 07 May 2021 07:42
(Sharecast News) - AstraZeneca reported on Friday that 'Imfinzi' and tremelimumab with chemotherapy demonstrated an overall survival benefit in the 'POSEIDON' trial for first-line stage four non-small cell lung cancer, making it the first phase 3 trial to
Carlyle prepares bid for Reckitt's Chinese infant nutrition unit - report
Fri 07 May 2021 07:38
(Sharecast News) - Carlyle is one of the potential buyers of Reckitt Benckiser's infant nutrition business in China, Sky News reported.
Syncona's Gyroscope Therapeutics postpones IPO
Fri 07 May 2021 07:31
(Sharecast News) - Syncona portfolio company Gyroscope Therapeutics Holdings has postponed plans for its initial public offering in light of current market conditions, the healthcare firm said on Friday.
Director dealings: Photo-Me CEO raises stake via Tibergest interest
Thu 06 May 2021 16:34
(Sharecast News) - Photo-me International revealed on Thursday that Tibergest, an entity closely associated with chief executive Serge Crasnianski, had acquired 3.0m new ordinary shares in the London-listed photo booth operator.
Director dealings: Vivo Energy director lowers stake
Wed 05 May 2021 15:48
(Sharecast News) - Vivo Energy revealed on Wednesday that non-executive director Temitope Lawani had disposed of 450,000 ordinary shares in the FTSE 250-listed downstream specialist.
Sector movers: Defensives offset drag from Cyclicals, Telecoms down on 'profit taking'
Fri 19 March 2021 16:05
(Sharecast News) - Stocks on the FTSE 3500 were modestly lower at the end of the week, wiping out the week's gains in the process.
Sector movers: Travel shares offset weakness in commodity stocks
Mon 15 March 2021 16:11
(Sharecast News) - London listed stocks were mixed at the start of the week, as hopes for a reopening of the UK economy were offset by the drag from miners and weakness in the oil patch.
Numis posts record H1 revenues amid investment banking surge
Fri 07 May 2021 09:06
(Sharecast News) - Institutional stockbroker Numis Corporation said on Friday that it had delivered a "strong performance" across all business areas in the six months ended 31 March, resulting in a record interim revenue performance.
Sensyne's 'MagnifEye' gets MHRA special use authorisation
Fri 07 May 2021 08:55
(Sharecast News) - Clinical artificial intelligence (AI) company Sensyne Health announced on Friday that its 'MagnifEye' software application, which uses AI to automate the accurate reading and analysis of lateral flow diagnostic tests, has been granted s
Allergy Therapeutics completes treatment in G309 field study
Thu 06 May 2021 15:34
(Sharecast News) - Commercial biotechnology company Allergy Therapeutics announced the completion of the treatment of all patients in its 'G309' exploratory field study to evaluate the efficacy and safety of Grass MATA MPL in subjects with seasonal allerg
Rockfire Resources raises £0.85m to fund drilling programmes
Thu 06 May 2021 15:05
(Sharecast News) - Gold and base metal exploration and development company Rockfire Resources has successfully completed a placing of new shares, it announced on Thursday, raising gross proceeds of £0.85m, to fund a number of inaugural drilling programme
European Metals Holdings upbeat on latest development
Thu 06 May 2021 14:57
(Sharecast News) - European Metals Holdings announced on Thursday that the Cinovec Project company Geomet has submitted the documentation related to the initial environmental impact assessment notification to the Czech Ministry of the Environment.
Henry Boot purchases Manchester industrial estate for £5.8m
Fri 07 May 2021 09:25
(Sharecast News) - Construction firm Henry Boot said on Friday that it had purchased a multi-let industrial estate on the edge of Manchester for £5.8m, reflecting a net initial yield of 4.1%.
SIG boosts full-year guidance, shares spark
Wed 05 May 2021 10:47
(Sharecast News) - Building materials specialist SIG upped its full-year guidance on Wednesday, sending its shares higher, following an "encouraging" start to the year.