ShareCast News





Broker snap: Mothercare LFL sales to remain negative

A recent meeting with company management has reassured KBC Peel Hunt about the medium term prospects for mother-and-baby products seller Mothercare, but the broker believes current year earnings forecasts could be under threat.
[23 Minutes Ago]

Small caps round-up: Capital & Regional, ServicePower, Regenersis

The Junction Fund, which is 13.4% owned by the property fund manager Capital & Regional has sold the St Andrews Quay Retail Park in Hull to Threadneedle Strategic Property Fund for £81.9m.
[1 Hour Ago]

Service sector growth slows to 16-month low

The services sector grew at its slowest pace in 16 months in August, as business scaled back activity amid concerns the UK could be in for a period of sluggish growth, if not another recession.
[2 Hours Ago]

Wheat prices surge again

Wheat futures prices have surged in trading in Chicago after Russia announced yesterday it is extending its ban on exports of the grain until after the results of next year's harvest are known.
[2 Hours Ago]

London open: More gains for Footsie

Blue chips made progress early on for a sixth consecutive day, though all eyes will be on the US non-farm payrolls number at 1.30pm. US and Asian stocks made posted modest gains overnight.
[2 Hours Ago]

Digital Marketing trading in line

Shares in online marketing agency Digital Marketing jumped 6% as it said trading remains in line with management expectations and announced a collaboration agreement with media firm UM.
[3 Hours Ago]

New EU banking watchdogs agreed

A trio of new financial watchdogs will oversee Europe's banking, securities and insurance sectors following a landmark agreement in Brussels yesterday.
[3 Hours Ago]

China plots rival bid for Potash

A Canadian pension fund has been asked to team up with Chinese investors to launch a counterbid for Potash Corp after last month's $40bn (£26bn) offer from BHP Billiton put the fertiliser giant in play.
[3 Hours Ago]

Steppe Cement cuts losses

Kazakhstan based cement supplier Steppe Cement knocked down half year losses to $4.6m from $19.5m the year before as demand recovers.
[3 Hours Ago]

Good half for Baillie Gifford Shin

A good half for shares of Japanese smaller companies helped Ballie Gifford's Shin Nippon investment trust outstrip both the broader Japanese market and also most major world markets.
[4 Hours Ago]



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