Stock market news from ShareCast
Europe close: Shares retreat as government bond yields extend gains
Fri 26 February 2021 23:15
(Sharecast News) - European shares finished lower on Friday as rising bond yields and fears of higher interest rates sent investors running for cover.
London close: Stocks finish weaker amid bond market spike
Fri 26 February 2021 15:37
(Sharecast News) - London stocks closed in the red on Friday, as a selloff in bond markets spooked investors.
US open: Stocks head south as bond yields remain elevated
Fri 26 February 2021 15:35
(Sharecast News) - Wall Street stocks were in the red after the opening bell on Friday after the Nasdaq Composite recorded its worst session since October amid rising bond yields.
Europe midday: Shares extend losses on bond yield, inflationary fears
Fri 26 February 2021 11:47
(Sharecast News) - European shares extended losses at midday on Friday as rising bond yields and fears of higher interest rates sent investors running for cover.
London midday: Stocks slump amid inflation concerns
Fri 26 February 2021 11:04
(Sharecast News) - London stocks were firmly in the red by midday on Friday as a selloff in bond markets spooked investors.
Friday newspaper round-up: Vauxhall, Covid grants, business confidence
Fri 26 February 2021 07:26
(Sharecast News) - The owner of Vauxhall has claimed it is considering the closure of its Ellesmere Port factory unless the UK government offers financial support after extended negotiations. An executive of Stellantis, the carmaker, on Thursday said it h
Thursday newspaper round-up: Corporation tax, Mondi, Soho House, H&M
Thu 25 February 2021 07:09
(Sharecast News) - Keir Starmer is under pressure to back future rises in corporation tax after a backlash when the Labour leader said he would oppose any new tax on business in next week's budget. Treasury officials are believed to be looking at increasi
Norwegian Air cancels remaining 88 jets in Airbus order
Fri 26 February 2021 15:22
(Sharecast News) - Norwegian Air cancelled all the 88 narrow-body jets that remained on order from Airbus, a spokesman for the company said on Friday.
Tullow Oil agrees $1.7bn reserves-based loan agreement with banks
Fri 26 February 2021 10:11
(Sharecast News) - Oil and gas exploration company Tullow Oil said on Friday that it has agreed a new debt facility of around $1.7bn with its banks.
Fullers FD Adam Councell to step down, take up job at Marlowe
Fri 26 February 2021 08:47
(Sharecast News) - Pub and hotels group Fuller, Smith & Turner said on Friday that Adam Councell plans to step down as finance director.
Jupiter Fund Management's AUM hits record high
Fri 26 February 2021 08:29
(Sharecast News) - Investment manager Jupiter Fund Management said on Friday that assets under management had hit an all-time high of £58.7bn in 2020, offsetting an increased level of outflows throughout the year.
RSA Insurance posts jump in operating profit ahead of takeover
Fri 26 February 2021 08:18
(Sharecast News) - RSA Insurance posted a rise in full-year operating profit on Friday ahead of its takeover.
Director dealings: Boohoo directors raises stake
Fri 26 February 2021 15:42
(Sharecast News) - Boohoo Group revealed on Friday that non-executive director Iain McDonald had acquired 100,000 ordinary shares in the London-listed retailer.
Director dealings: Wizz Air CEO lowers stake via VAXCO interest
Thu 25 February 2021 16:23
(Sharecast News) - Wizz Air revealed on Thursday that chief executive Jozsef Varadi had disposed of 120,000 ordinary shares in the FTSE 250-listed low-cost carrier.
Sector movers: Interest rate-sensitive issues drag on the stock market
Mon 22 February 2021 18:17
(Sharecast News) - Cyclicals were clearly in the lead at the start of the week, but failed to fully offset the drag from rising government bond yields on the other side of the Atlantic.
Sector movers: Defensives find a bid amid light profit-taking
Wed 17 February 2021 23:22
(Sharecast News) - The more interest rate sensitive areas of the market benefited on Wednesday, as investors took some profits in cyclical names following the recent rise in government bond yields.
Universe Group chief executive to step down
Fri 26 February 2021 15:12
(Sharecast News) - Retail management, payment and systems technology company Universe Group announced on Friday that its chief executive officer Jeremy Lewis had decided to leave the group to pursue other opportunities outside of the public markets.
Panthera Resources sells investment in Anglo Saxony Mining
Fri 26 February 2021 14:55
(Sharecast News) - West Africa and India-focussed gold exploration and development company Panthera Resources announced the sale of its investment in Anglo Saxony Mining (ASM) for £1.17m on Friday.
Eqtec agrees land purchase for Haverton Hill plant
Fri 26 February 2021 14:20
(Sharecast News) - Waste-to-energy gasification technology company Eqtec announced on Friday that its wholly-owned subsidiary Haverton WTV and Scott Bros. Enterprises have signed a conditional land purchase agreement relating to the land on which the prop
FastForward pleased with performance of newly-balanced portfolio
Fri 26 February 2021 13:19
(Sharecast News) - Investment company FastForward Innovations updated the market on its performance on Friday, reporting that it had succeeded in achieving a better balance to its portfolio between liquid, pre-liquidity and longer term investments, as des
Escape Hunt upbeat on outlook, agrees acquisition of French franchise
Fri 26 February 2021 13:12
(Sharecast News) - Escape room experience operator Escape Hunt has exchanged contracts to acquire its French master franchise partner BGP Escape, it announced on Friday.
Begbies Traynor continues to trade strongly in H2
Tue 23 February 2021 09:22
(Sharecast News) - Corporate restructuring specialist Begbies Traynor said on Tuesday that its recent strong trading performance had continued across both of its operating divisions since the half.
Tracsis H1 trading in line with expectations
Tue 23 February 2021 09:01
(Sharecast News) - Software firm Tracsis said on Tuesday that trading for the first half of the year had been in line with the expectations, with high activity levels seen across large parts of the group.