Investments
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Ashmore AUM grows in Q4
(Sharecast News) – Asset manager Ashmore Group said on Friday that assets under management increased 9% in the final three months of…
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DS Smith falls as Merpas sells shares in placing
(Sharecast News) – DS Smith fell on Friday after Merpas sold shares in the packaging company in an accelerated bookbuild. According to…
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Rio Ferdinand to join Gym Group board
(Sharecast News) – The Gym Group said Rio Ferdinand would join its board as the company posted a near halving of revenue…
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TRIG acquires interest in Beatrice wind farm, offshore Scotland
(Sharecast News) – The Renewables Infrastructure Group (TRIG) has exchanged contracts to acquire an equity interest of 17.5% in the Beatrice offshore…
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Supreme Court rules against insurers on Covid-19 payouts
(Sharecast News) – RSA, Hiscox and other insurers will have to pay out on thousands of business interruption policies because of Covid-19…
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Hilton Food tumbles on placing
(Sharecast News) – Shares of food packing company Hilton Food tumbled on Friday after an undisclosed institutional shareholder placed a 9.9% stake.…
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Friday newspaper round-up: Working from home, UK population, Stamp Duty
(Sharecast News) – The business secretary, Kwasi Kwarteng, has said companies must redouble efforts to ensure employees work from home unless their…
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Thursday preview: US stimulus plans, Powell in focus
(Sharecast News) – All eyes on Thursday will be fixated on the incoming US President’s proposal for new government stimulus. Biden’s stimulus…
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Friday preview: UK GDP, US consumer confidence in focus
(Sharecast News) – Investors’ focus at the end of the week will be on UK gross domestic product figures for December, alongside…
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JPMorgan downgrades Vesuvius after strong share price recovery
(Sharecast News) – JPMorgan Cazenove downgraded its stance on shares of molten metal flow engineer Vesuvius on Wednesday, to ‘neutral’ from ‘overweight’,…
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