Stock market news from ShareCast

Stock market reports

• London close: Stocks firmly weaker after 'brutal' start to week
  Mon 24 January 2022 15:36
  (Sharecast News) - London stocks closed well below the waterline on Monday, after a survey showed that business growth in the UK slid to an 11-month low in January, while growing tensions between Russia and Ukraine also weighed on sentiment.
• US close: Stocks continue to fall ahead of this week's Fed policy meeting
  Mon 24 January 2022 15:18
  (Sharecast News) - Wall Street stocks were sharply lower yet again early on Monday as market participants braced for another week of corporate earnings and a key policy decision from the Federal Reserve Bank.
• Europe midday: Shares extend losses as Ukraine tensions increase
  Mon 24 January 2022 11:50
  (Sharecast News) - European shares were 2% lower at midday on Monday as investors continued to fret about the pace of interest rate rises and growing US/Russian tensions over Ukraine.
• London midday: Stocks slide as UK business growth hits 11-month low
  Mon 24 January 2022 11:12
  (Sharecast News) - London stocks were firmly in the red by midday on Monday after a survey showed that business growth in the UK slid to an 11-month low in January, while growing tensions between Russia and Ukraine also weighed on sentiment.
• Asia report: Markets mixed as investors look to Fed
  Mon 24 January 2022 10:38
  (Sharecast News) - Stock markets in Asia closed in a mixed state on Monday, as investors kept a hold on their wallets ahead of the US Federal Reserve's policy meeting later in the week.

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Press round-up

• Monday newspaper round-up: Gambling industry, rate hikes, Unilever
  Mon 24 January 2022 07:32
  (Sharecast News) - Britain's biggest cities have lost almost a year's worth of sales during the coronavirus pandemic as lockdowns and a lack of office workers and tourists caused a collapse in consumer spending. As offices have started to reopen following
• Sunday newspaper round-up: Unilever, Morrisons, Aston Martin
  Sun 23 January 2022 18:12
  (Sharecast News) - Activist investor Nelson Peltz's Trian Partners has reportedly built up a stake in Unilever, which will likely pile on the pressure after the consumer goods giant's failed £50bn bid for GlaxoSmithKline's consumer health unit. The size

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Company news

• Friday preview: UK public sector borrowing, Microsoft in the spotlight
  Mon 24 January 2022 16:17
  (Sharecast News) - The market spotlight on Tuesday will be on the UK government's finances at the end of 2021 and an update from US technology giant Microsoft.
• Getir to spend £100m, add 6,000 jobs in UK this year
  Mon 24 January 2022 14:14
  (Sharecast News) - Hurried grocery delivery firm Getir took the wraps off bold UK expansion plans on Monday, involving up to 6,000 new jobs.
• Netflix may potentially lose 750,000 UK subscribers to Disney
  Mon 24 January 2022 13:16
  (Sharecast News) - Streaming giant Netflix could lose as many as 750,000 UK subscribers as rival Disney takes back exclusive control of titles like Modern Family, How I Met Your Mother, and Sons of Anarchy as part of an effort to bolster its own platform.
• Kohl's shares rally on takeover interest
  Mon 24 January 2022 12:48
  (Sharecast News) - Kohl's share price soared in early morning trading on Monday after a private equity firm was reported to be lining up a rival bid for the in-demand US department store chain.
• Trian Partners builds stake in Unilever - report
  Mon 24 January 2022 11:53
  (Sharecast News) - Activist hedge fund Trian Partners is understood to have built up a stake in Unilever, it was reported on Monday, pushing shares in the under-pressure blue chip higher.

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Directors' dealings

• Director dealings: Energean director's firm makes £6.2m sale, Babcock board member buys in
  Mon 24 January 2022 15:21
  (Sharecast News) - Energean disclosed a number of share sales related to its non-executive director Efstathios Topouzoglou on Monday, worth more than £6m.
• Director dealings: Kape CEO makes £2.6m sale, Card Factory chair buys shares on market
  Wed 19 January 2022 15:13
  (Sharecast News) - Kape Technologies chief executive officer Ido Erlichman enjoyed a £2.6m payday, the company disclosed on Wednesday, as a group of senior staff members made share sales.

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Sector review

• 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.

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Aim and small cap news

AIM bulletins

• Cake Box acknowledges errors in annual results as shares slide
  Mon 24 January 2022 15:11
  (Sharecast News) - Cake Box noted the slump in its share price on Monday and cited recent commentary from a retail investor blogger regarding transcription errors in its full-year results.
• Destiny Pharma reports success in US C. diff trial
  Mon 24 January 2022 13:44
  (Sharecast News) - Clinical-stage biotechnology company Destiny Pharma announced the successful outcome of its cooperative research and development agreement with the US Department of Veterans Affairs (VA) on Monday.
• MyHealthChecked reports strong fourth quarter of trading
  Mon 24 January 2022 13:39
  (Sharecast News) - Consumer medical home-testing company MyHealthChecked confirmed in an update on Monday that it continued to experience strong trading throughout the fourth quarter of 2021, due to increased demand for reinstated day-two arrivals PCR tes
• Driver Group declares dividend after fall in revenue, earnings
  Mon 24 January 2022 13:04
  (Sharecast News) - Engineering and construction consultancy Driver Group reported an 8% decrease in revenue in its preliminary results on Monday, as it declared a final dividend of 0.75p per share.
• Mirriad sees strong growth in key US market
  Mon 24 January 2022 12:54
  (Sharecast News) - In-content advertising technology company Mirriad said in a trading update on Monday that total revenue for 2021 was expected to be about £2m.

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Small cap bulletins

• Amigo Holdings warns of insolvency if court rejects new business programme
  Mon 24 January 2022 08:51
  (Sharecast News) - Guarantor loans provider Amigo Holdings warned on Monday that if it fails to receive court approval for its new business programme, Amigo Loans will be forced to enter into a wind-down programme or insolvency.
• Bakkavor FY trading performance strong despite 'unprecedented challenges'
  Thu 13 January 2022 09:16
  (Sharecast News) - Food manufacturer Bakkavor said on Thursday that it had delivered "a robust financial performance" across all its regions during 2021 despite "unprecedented challenges" in the form of supply chain constraints, labour shortages and cost

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