(ShareCast News) - The FTSE 250 crawled back into positive territory on Monday afternoon after the UK mid-cap lost momentum from its early spike. By 1550 BST the index was up 0.12% at 16,913.29, helped along by the steady climbing of Pace despite the set-top box maker's £1.4bn proposed merger with U
Read more(ShareCast News) - The merger between Pace and US peer Arris Group has been delayed due to outstanding antitrust clearance processes in Brazil, Colombia and the United States. Pace, which provides set-top box technology and software to the pay TV and broadband service industries, said it now expecte
Read more(ShareCast News) - UK stocks declined on Friday as the Federal Reserve decided to hold interest rates steady amid low inflation and global pressures. The Federal Open Market Committee announced it would keep rates at 0.25% overnight. The move came as concerns over China's economic slowdown has weigh
Read more(ShareCast News) - UK stocks opened in negative territory on Friday as the market continued to process the Federal Reserve's decision to keep interest rates unchanged. The Federal Open Market Committee announced it would hold rates at 0.25% amid low inflation and the recent global market turbulence.
Read more(ShareCast News) - Overnight, the US central bank kept rates as many observers - but by no means all - had been expecting but left the door open to an interest rate hike come October, leaving almost everyone in equity markets dissatisfied. That saw Wall Street close on a mixed note in hectic trading
Read more(ShareCast News) - Pace said its recommended combination with Arris Group continues to progress in line with expectations, as it announced that revenue for 2015 is likely to be a lower than previously guided. The company, which develops technologies and products for Pay TV and broadband service prov
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