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Important information: The value of investments can go down as well as up so you may get back less than you invest. Investors should note that the views expressed may no longer be current and may have already been acted upon. This is a third-party news feed and may not reflect Fidelity’s views.
Tue 02 Jul 2024 15:23
(Sharecast News) - Tritax Eurobox rallied on Tuesday after it said the deadline for Brookfield Asset Management to make an offer for the company has been extended, and that it had received other expressions of interest from a number of parties.
Tue 02 Jul 2024 15:02
(Sharecast News) - Caspian Sunrise updated the market on its recent activities on Tuesday, including well testing results, new drilling, and preparations for the charter of the Caspian Explorer.
Tue 02 Jul 2024 14:42
(Sharecast News) - Tesla shares were rising on Tuesday, after it reported a smaller-than-expected decline in vehicle deliveries for the second quarter on the back of strategic price cuts and incentives designed to boost demand.
Tue 02 Jul 2024 14:42
(Sharecast News) - CleanTech Lithium announced the results of a plant location study on Tuesday, as part of the ongoing pre-feasibility study (PFS) for its Laguna Verde Project in Chile.
Tue 02 Jul 2024 12:53
(Sharecast News) - Kitwave Group reported an 8% increase in first-half revenue on Tuesday, to £297m for the six months ended 30 April, compared to £275m for the same period last year.
Tue 02 Jul 2024 12:46
(Sharecast News) - Specialist contract research organisation hVIVO announced its engagement in a phase 2b field study for an influenza drug candidate on Tuesday.
Tue 02 Jul 2024 12:46
(Sharecast News) - Analysts at Bank of America kept their recommendation for shares of Airbus at a 'buy' following news that it had acquired the operations of Spirit Aero linked to its jets.
Tue 02 Jul 2024 12:31
(Sharecast News) - Central Asia Metals released a public disclosure document concerning the management of tailings storage facilities (TSFs) at its Sasa zinc-lead mine in North Macedonia on Tuesday.
Tue 02 Jul 2024 12:24
(Sharecast News) - Amaroq Minerals announced an agreement in principle with Landsbankinn for $35m in three revolving credit facilities on Tuesday, making for a significant increase and extension of its current debt arrangements.
Tue 02 Jul 2024 12:19
(Sharecast News) - Investors' focus on the day ahead of the elections will be on a raft of US economic reports that are due out.
Tue 02 Jul 2024 12:12
(Sharecast News) - Solid-state battery technology specialist Ilika announced a milestone in the development and commercialisation of its 'Goliath' large-format cells on Tuesday.
Tue 02 Jul 2024 12:00
(Sharecast News) - Impact Healthcare announced the sale of five non-core care homes for £8.8m on Tuesday, in line with their latest valuation as of 31 March.
Tue 02 Jul 2024 10:54
(Sharecast News) - Jefferies has reiterated a 'buy' rating on J Sainsbury after the supermarket chain's trading update on Tuesday, predicting a recovery in top-line performance after a first-quarter sales slowdown disappointed the market.
Tue 02 Jul 2024 10:48
(Sharecast News) - JPMorgan Cazenove added National Grid to its 'analyst focus list' on Tuesday, saying the company is well positioned to benefit from value-accretive networks growth at an attractive valuation, and with questions around the balance sheet answered after a £7bn equity raise.
Tue 02 Jul 2024 09:39
(Sharecast News) - BATM surged on Tuesday after signing a strategic partnership and cooperation agreement with "a significant global technology, engineering and defence group" to deliver its advanced cybersecurity solution to commercial markets.
Tue 02 Jul 2024 09:32
(Sharecast News) - Video games publisher Devolver has successfully raised approximately £7.9m via a placing of 23.9m shares.
Tue 02 Jul 2024 09:18
(Sharecast News) - Analysts at RBC Capital Markets hiked their target price on distribution group Bunzl from 2,600.0p to 2,700.0p on Tuesday following the company's Q2 trading update.
Tue 02 Jul 2024 09:07
(Sharecast News) - Monitoring platform operator Checkit has secured a "significant expansion" with an existing UK-based customer.
Tue 02 Jul 2024 08:55
(Sharecast News) - Consumer products manufacturer Supreme delivered "strong" full-year trading results on Tuesday as underlying earnings nearly doubled year-on-year.
Tue 02 Jul 2024 08:40
(Sharecast News) - Endeavour Mining announced the first gold pour at its Lafigué mine in Côte d'Ivoire on Tuesday, achieved on budget and ahead of schedule.
Tue 02 Jul 2024 08:05
(Sharecast News) - Healthcare software group Craneware announced a new deal with Microsoft that will see the UK company's Trisus platform made on the Azure marketplace.
Tue 02 Jul 2024 08:05
(Sharecast News) - Budget airline Ryanair reported record passenger numbers for June on Tuesday, up 11% on the year.
Tue 02 Jul 2024 08:02
(Sharecast News) - Neobank and fintech group Revolut posted a sharp increase in annual revenues on Tuesday as it continues to work towards obtaining a UK banking licence.
Tue 02 Jul 2024 07:51
(Sharecast News) - Shoe Zone warned on profits on Tuesday as it said it was hit by rising shipping costs and bad weather.
Tue 02 Jul 2024 07:50
(Sharecast News) - Budget airline Wizz Air said capacity numbers were held back in June by the ongoing impact of groundings of Pratt & Whitney GTF engines, while CO2 emissions increased as it was forced to use older planes.
Tue 02 Jul 2024 07:40
(Sharecast News) - Shell said on Tuesday that it has temporarily paused construction of a biofuels facility in the Netherlands.
Tue 02 Jul 2024 07:21
(Sharecast News) - Sainsbury's shares were in the red on Tuesday despite the supermarket reporting a "market-beating" grocery performance in its first quarter, as like-for-like group sales growth slowing dramatically on the back of declines in general merchandise and at Argos.
Tue 02 Jul 2024 07:18
(Sharecast News) - Capita announced the renewal of its contract with the Cabinet Office to administer the Royal Mail Statutory Pension Scheme (RMSPS) on Tuesday, for an additional six years from 2026.
Mon 01 Jul 2024 15:06
(Sharecast News) - Shipping giant Maersk rallied on Monday after saying it was no longer interested in bidding for DB Schenker, the logistics unit of Deutsche Bahn.
Mon 01 Jul 2024 14:44
(Sharecast News) - Boeing announced the acquisition of its former aerostructures manufacturer in a bid to draw a line under quality lapses that had drawn the jetmaker's own long-term viability into question.
Mon 01 Jul 2024 13:34
(Sharecast News) - Verici Dx, a developer of advanced clinical diagnostics for organ transplants, announced a significant milestone achievement under its agreement with Thermo Fisher Scientific on Monday.
Mon 01 Jul 2024 13:19
(Sharecast News) - France will continue to be front and centre on investors' minds on Tuesday, ahead of the deadline for candidates in roughly 311 of the country's 557 constituencies to announce whether or not they will stand in the second round of elections on 7 July.
Mon 01 Jul 2024 12:35
(Sharecast News) - Chewy shares surged in pre-market trade on Monday after it emerged that meme stock trader Roaring Kitty has taken a 6.6% stake in the company.
Mon 01 Jul 2024 12:34
(Sharecast News) - Works union Unite has called off a strike planned for 8 July in order to allow enter further discussions regarding the future of Britain's largest steel works at Port Talbot, Wales.
Mon 01 Jul 2024 12:30
(Sharecast News) - Facebook's parent company, Meta, was facing allegations from European Union regulators of breaching the bloc's strict competition rules on Monday, through its ad-supported subscription service introduced for Facebook and Instagram in Europe last year.
Mon 01 Jul 2024 11:23
(Sharecast News) - Sareum Holdings announced positive topline results from its phase 1a clinical trial of SDC-1801, a dual TYK2/JAK1 kinase inhibitor under development for treating autoimmune diseases.
Mon 01 Jul 2024 11:11
(Sharecast News) - Tanzania-focussed helium explorer and developer Helium One Global updated the market on operations at its Rukwa project on Monday, where preparations were underway for an extended well test (EWT) at the Itumbula West-1 (ITW-1) site.
Mon 01 Jul 2024 10:51
(Sharecast News) - Walgreens Boots Alliance announced on Monday that Sebastian James, managing director of Boots, had decided to leave the company to pursue a new role in the healthcare sector.
Mon 01 Jul 2024 10:21
(Sharecast News) - Air France-KLM Group warned of revenue pressure over the summer on Monday, as a direct result of the Paris Olympic Games.
Mon 01 Jul 2024 10:16
(Sharecast News) - SigmaRoc announced a 10-year strategic alliance with Duo Group on Monday, to produce and sell sustainable limestone aggregates in the UK, a move projected to generate over £150m in incremental revenue while reducing environmental impact through the repurposing of limestone quarry waste.
Mon 01 Jul 2024 09:51
(Sharecast News) - Fire safety business Zenova said on Monday that it has received a trial order from the University of Sheffield.
Mon 01 Jul 2024 09:41
(Sharecast News) - Rainbow Rare Earths has raised $10m through a royalty agreement with Ecora Resources and a share placing that will allow it to complete a definitive feasibility study (DFS) for its Phalaborwa project in South Africa.
Mon 01 Jul 2024 09:21
(Sharecast News) - Audiovisual and information technology distributor Northamber said on Monday that it has acquired Irish cybersecurity solutions firm Renaissance Contingency Services in a deal worth up to €900,000.
Mon 01 Jul 2024 09:14
(Sharecast News) - Greatland Gold announced the appointment of Dean Horton as its new chief financial officer on Monday.
Mon 01 Jul 2024 09:09
(Sharecast News) - Clinical infrastructure business Feedback has scored a contract with the Queen Victoria Hospital to provide its Bleepa Community Diagnostics Centre solution.
Mon 01 Jul 2024 09:07
(Sharecast News) - Apax Global Alpha announced on Monday that the Apax X fund, in which it is a limited partner, has agreed to sell its minority stake in Idealista, a prominent online real estate classifieds platform in southern Europe, to Cinven.
Mon 01 Jul 2024 09:03
(Sharecast News) - PayPoint announced the start of a £20m share buyback programme on Monday, aimed at reducing its share capital.
Mon 01 Jul 2024 08:56
(Sharecast News) - Berenberg upgraded British Gas owner Centrica on Monday to 'buy' from 'hold' and lifted the price target to 155p from 130p.
Mon 01 Jul 2024 08:52
(Sharecast News) - Private equity firm HgCapital Trust has agreed to sell its stake in European software-as-a-services business F24 to Altona.
Mon 01 Jul 2024 08:39
(Sharecast News) - Finance software specialist Aptitude Software Group announced a significant contract win for its Fynapse platform on Monday, with an unnamed major global insurer that is an existing client of the Aptitude Accounting Hub.
Mon 01 Jul 2024 08:29
(Sharecast News) - French media conglomerate Vivendi announced the resolution of a long-running legal dispute on Monday, concerning financial communications from the early 2000s.
Mon 01 Jul 2024 08:09
(Sharecast News) - BlackRock is to take over UK data provider Preqin in a $3.2bn (£2.55bn) deal as the American investment giant expands further into the fast-growing private markets data segment.
Mon 01 Jul 2024 07:49
(Sharecast News) - Shares in Harland & Wolff are to be suspended temporarily after the shipbuilder failed to publish its annual results on time.
Mon 01 Jul 2024 07:32
(Sharecast News) - B2B events and media group Ascential has said that the sale of its loss-making Hudson division is still ongoing despite earlier expectations that it would be wrapped up in the second quarter.
Mon 01 Jul 2024 07:22
(Sharecast News) - Boeing said on Monday that it has agreed to buy Spirit AeroSystems in a $4.7bn all-share deal.
Mon 01 Jul 2024 07:17
(Sharecast News) - AstraZeneca announced on Monday that 'Imfinzi', or durvalumab, and 'Lynparza', or olaparib, have received a recommendation for approval in the European Union (EU) as treatments for primary advanced or recurrent endometrial cancer in patients with specific genetic profiles.
Mon 01 Jul 2024 07:13
(Sharecast News) - Mining giant Anglo American was forced to suspend production at its Grosvenor steelmaking coal mine in Queensland after an underground fire at the weekend.
Mon 01 Jul 2024 07:04
(Sharecast News) - Environmental technology business Porvair said on Monday that profits had moved slightly lower in the six months ended 31 May despite seeing a modest uptick in headline revenue throughout the period.
Mon 01 Jul 2024 07:03
(Sharecast News) - Croda International on Monday said it had appointed Johnson Matthey chief financial officer Stephen Oxley to the same role at the chemicals company.
Mon 01 Jul 2024 07:02
(Sharecast News) - JPMorgan Cazenove placed Trustpilot shares on 'positive catalyst watch' on Monday ahead of the first-half trading update on 11 July, saying it expects another period of adjusted EBITDA ahead of expectations.
Fri 28 Jun 2024 15:34
(Sharecast News) - The owners of Cineworld are reportedly leaning towards putting its British operations through a formal restructuring process after holding initial talks about a sale with prospective buyers.
Fri 28 Jun 2024 15:28
(Sharecast News) - Data processing semiconductor technology specialist Ethernity Networks announced on Friday that it had secured a $1.05m licence agreement with a new tier one US-based aerospace system products provider.
Fri 28 Jun 2024 12:39
(Sharecast News) - Virtual product placement and in-content advertising specialist Mirriad said in an update on Friday that it expected revenue for the first half to be around £0.4m, down from £0.59m in the first six months of the 2023 financial year.
Fri 28 Jun 2024 12:34
(Sharecast News) - Europe's drug regulator has backed Moderna's novel vaccine for respiratory syncytial virus, the US pharmaceutical firm announced on Friday.
Fri 28 Jun 2024 12:31
(Sharecast News) - Symphony Environmental Technologies said in an update on Friday that its trading remained consistent with recent statements.
Fri 28 Jun 2024 12:25
(Sharecast News) - Southern Greenland-focussed mine developer Amaroq Minerals announced the approval of the environmental impact assessment (EIA) and social impact assessment (SIA) for its Nalunaq project on Friday, by the government of Greenland.
Fri 28 Jun 2024 12:21
(Sharecast News) - Creative audio-visual specialist MediaZest reported a significant improvement in both revenue and its losses in its first-half results on Friday.
Fri 28 Jun 2024 12:14
(Sharecast News) - Anglesey Mining announced plans to raise approximately £0.415m on Friday, through a proposed placing and subscription, to help fund its work at Parys Mountain and Grangesberg.
Fri 28 Jun 2024 11:37
(Sharecast News) - A raft of UK banking customers were hit with payment delays on Friday, after a number of high street lenders suffered IT glitches.
Fri 28 Jun 2024 11:37
(Sharecast News) - Shares in California-based network connectivity solutions group Infinera were surging ahead of the opening bell on Friday after Finnish telecoms giant Nokia agreed to pay $2.3bn to take over the company in a bid to increase its scale in optical networks.
Fri 28 Jun 2024 11:36
(Sharecast News) - Biomass-based renewable energy company Active Energy announced a delay in finalising its annual accounts for the 2023 financial year on Friday.
Fri 28 Jun 2024 11:29
(Sharecast News) - Berenberg lifted its price target on Moonpig on Friday to 280p from 265p as it said the strategic initiatives implemented by management are bearing fruit.
Fri 28 Jun 2024 11:24
(Sharecast News) - Workspace provider International Workplace Group (IWG) announced the issue of its first euro investment-grade bond on Friday, reinforcing its capital structure ahead of its first-half results on 6 August.
Fri 28 Jun 2024 10:54
(Sharecast News) - Devolver Digital updated the market on its financial performance for 2024 on Friday.
Fri 28 Jun 2024 10:27
(Sharecast News) - AIM-listed financial services firm Tavistock Investments confirmed on Friday that it is considering a number of potential transactions, including a possible disposal of part of its business to Saltus, a financial planning and investment management services group.
Fri 28 Jun 2024 10:09
(Sharecast News) - Citi has reiterated its 'buy' call on advertising and media giant WPP after the company rejected a KKR bid to take control of its corporate PR firm FGS Global.
Fri 28 Jun 2024 09:52
(Sharecast News) - Thousands of HSBC customers in the UK were unable to access their accounts online or via phone on Friday as the bank's system crashed.
Fri 28 Jun 2024 09:04
(Sharecast News) - Retail fintech and support service provider Fintel announced a conditional agreement to acquire Threesixty Services on Friday.
Fri 28 Jun 2024 08:59
(Sharecast News) - Shares in MusicMagpie tumbled on Friday after a "challenging" market weighed heavily on revenues and earnings.
Fri 28 Jun 2024 08:54
(Sharecast News) - Bar owner Nightcap said on Friday that it plans to delist its shares from the London Stock Exchange, as it cautioned that underlying profits would be below current market expectations.
Fri 28 Jun 2024 08:32
(Sharecast News) - Restaurant operator Tasty saw shares drop sharply on Friday after the Dim T and Wildwood owner reported a doubling of losses in 2023, but expressed its confidence in its turnaround after closing underperforming sites.
Fri 28 Jun 2024 08:08
(Sharecast News) - Assets under management at Record topped $100bn last year, the specialist currency and asset manager said on Friday, a record high.
Fri 28 Jun 2024 08:08
(Sharecast News) - Assets under management at Record topped $100bn last year, the specialist currency and asset manager said on Friday, a record high.
Fri 28 Jun 2024 07:49
(Sharecast News) - Keywords Studios said on Friday that it had received a sweetened £1.96bn takeover proposal from private equity firm EQT Group that it would be minded to recommend if a firm offer was made.
Fri 28 Jun 2024 07:49
(Sharecast News) - Performance nutrition company Science in Sport has announced two further board changes as it released an update on first-half trading, which showed that profits have improved despite a big drop in the top line.
Fri 28 Jun 2024 07:19
(Sharecast News) - Quanex Building Products has announced a revised and final proposal for its acquisition of Tyman, increasing the cash component of the deal.
Fri 28 Jun 2024 07:18
(Sharecast News) - Marketplace tech firm Auction Technology Group has announced that private equity firm TA Associates has offloaded a 5% shareholding through a share placing with institutional investors.
Fri 28 Jun 2024 07:16
(Sharecast News) - The UK economy grew faster than first thought in the first three months of the year, according to data released on Friday by the Office for National Statistics.
Fri 28 Jun 2024 07:13
(Sharecast News) - Scientific instruments group Judges Scientific has spent £2.25m on the purchase of Wales-based Rockwash Geodata, a specialist in rock cuttings and chippings digitalisation.
Thu 27 Jun 2024 18:57
(Sharecast News) - Analysts at Deutsche Bank stood by their 'sell' recommendation and 600.0p target price on shares of Liontrust Asset Management following the firm's final results published the day before.
Thu 27 Jun 2024 16:20
(Sharecast News) - Advanced Medical Solutions announced on Thursday that it has received regulatory approval for its acquisition of Peters Surgical.
Thu 27 Jun 2024 16:15
(Sharecast News) - James Latham reported a revenue decline of 10.2% for the financial year ended 31 March on Thursday, to £366.5m, down from £408.4m the prior year.
Thu 27 Jun 2024 15:51
(Sharecast News) - Polar Capital announced 14% growth in assets under management (AuM) for the financial year ended 31 March on Thursday, to £21.9bn.
Thu 27 Jun 2024 14:52
(Sharecast News) - Berenberg downgraded Anglo American and Rio Tinto on Thursday as it took a look at metals and mining companies.
Thu 27 Jun 2024 14:49
(Sharecast News) - Foresight Group reported robust financial results for the year ended 31 March on Thursday, with significant growth in revenue and earnings.
Thu 27 Jun 2024 14:40
(Sharecast News) - Regional REIT announced a fully-underwritten capital raising of £110.5m on Thursday, to help eliminate its short-term liabilities and pay down bank facilities.
Thu 27 Jun 2024 14:33
(Sharecast News) - Petra Diamonds updated the market on its strategic developments on Thursday, as well as the appointment of a new chief financial officer in Johan Snyman, effective 1 October.
Thu 27 Jun 2024 13:12
(Sharecast News) - Shares in Walgreens Boots Alliance plunged on Thursday morning in New York after the pharmacy retail chain lowered its full-year profit guidance which it blamed on challenging industry trends and a worse-than-expected consumer environment in the US.
Thu 27 Jun 2024 12:01
(Sharecast News) - Harworth Group announced on Thursday that it has exchanged contracts for the conditional sale of 48 acres of land at its Skelton Grange site in Leeds for £106.6m.
Thu 27 Jun 2024 11:58
(Sharecast News) - BP has implemented a hiring freeze and halted new offshore wind projects, it was reported on Thursday, as part of a strategic shift under new chief executive officer Murray Auchincloss.
Thu 27 Jun 2024 11:46
(Sharecast News) - Mears Group announced a robust trading performance in its first half on Thursday, with profit before tax expected to exceed both the previous year's figures and the board's initial projections.
Thu 27 Jun 2024 11:00
(Sharecast News) - Shares in tech and data-focussed consultancy Next 15 Group were sliding on Thursday morning, after the company cautioned in a trading update that its revenue performance for the year was likely to be second-half weighted.
Thu 27 Jun 2024 10:21
(Sharecast News) - Shares in Quiz came under pressure on Thursday, as cost of living pressures continued to weigh heavily on sales.
Thu 27 Jun 2024 10:00
(Sharecast News) - DS Smith was the top gainer on the FTSE 100 on Thursday after Brazilian pulp maker Suzano said it had ended talks to buy International Paper.
Thu 27 Jun 2024 09:58
(Sharecast News) - Arts, crafts, toys, books, and stationery The Works announced a change in leadership on Thursday, with Carolyn Bradley stepping down as chair and independent non-executive director on 15 July.
Thu 27 Jun 2024 09:58
(Sharecast News) - Shares in biopharma giant GSK tumbled on Thursday after a ruling by a US health agency narrowed usage recommendations for all respiratory syncytial virus (RSV) vaccines, restricting the addressable market for the company's Arexvy product.
Thu 27 Jun 2024 09:36
(Sharecast News) - Shares in Moonpig Group sparked on Thursday, after the online greeting card retailer posted a jump in annual sales and profits.
Thu 27 Jun 2024 09:05
(Sharecast News) - Serica Energy maintained its production guidance in an update on Thursday, targeting between 41,000 and 46,000 barrels of oil equivalent per day for 2024.
Thu 27 Jun 2024 08:59
(Sharecast News) - Industrial real estate group Segro announced on Thursday it has snapped up three logistics warehouses in the Netherlands for €222m to expand its presence in a key logistics hub for Continental Europe.
Thu 27 Jun 2024 08:59
(Sharecast News) - All eyes at the end of the week will be on the latest inflation prints due out on either side of the Atlantic.
Thu 27 Jun 2024 07:55
(Sharecast News) - Halfords posted a slump in full-year profits on Thursday as it pointed to weak consumer confidence.
Thu 27 Jun 2024 07:52
(Sharecast News) - Shares in Hennes & Mauritz tumbled on Thursday, despite a 50% surge in second-quarter profits, after poor weather hit sales in June.
Thu 27 Jun 2024 07:49
(Sharecast News) - Care home real estate investment trust Target Healthcare REIT has offloaded four of the oldest care homes in its portfolio for £44.5m and will use the proceeds to pay down credit facilities.
Thu 27 Jun 2024 07:33
(Sharecast News) - Private equity and infrastructure group 3i has said that its European non-food discount retail chain Action has performed well since the start of the year as it continues to open new stores.
Thu 27 Jun 2024 07:32
(Sharecast News) - UK electricals retailer Currys said trading in the current fiscal year was in line with expectations after 2023/24 adjusted earnings rose 10% and was pinning its hopes on the increasing use of artificial intelligence in electronic goods.
Thu 27 Jun 2024 07:23
(Sharecast News) - Safety equipment and hazard detection technologies group Halma is spending £36m on Portuguese fire detection and alarm systems maker Global Fire Equipment (GFE) to extend its presence in the European market.
Thu 27 Jun 2024 07:20
(Sharecast News) - Serco lifted its full-year profit guidance on Thursday following "good" progress in the first half.
Thu 27 Jun 2024 07:17
(Sharecast News) - Bunzl upgraded its profit guidance for the year on Thursday, citing improved margin performance and successful acquisitions.
Thu 27 Jun 2024 07:13
(Sharecast News) - Sanderson Design tumbled on Thursday as it warned on profits, citing deteriorating trading conditions in the UK.
Thu 27 Jun 2024 07:03
(Sharecast News) - Watches of Switzerland shares surged on Thursday as the luxury timepiece seller held current-year guidance and said it was "cautiously optimistic" after annual profits fell amid a wind-back of discretionary spending.
Wed 26 Jun 2024 14:07
(Sharecast News) - Sports, leisure and mobility equipment specialist Tandem Group said in an update on Wednesday that it remained on track to meet market expectations for the year ending 31 December 2024.
Wed 26 Jun 2024 13:48
(Sharecast News) - UK and central Europe-focussed property fund manager and investor First Property Group reported a statutory loss before tax of £4.41m in its preliminary results on Wednesday, swinging from a £2.49m profit before tax recorded in the prior year.
Wed 26 Jun 2024 13:43
(Sharecast News) - Surgical endoscopy medical device specialist Creo Medical Group reported solid progress over the last 12 months in an update on Wednesday, as it leveraged funds from the March 2023 equity raise to advance its strategic goals.
Wed 26 Jun 2024 13:37
(Sharecast News) - Gold explorer and developer Panthera Resources updated the market on the ongoing dispute with the Republic of India over the Bhukia project on Wednesday, confirming that it had secured litigation financing for the dispute.
Wed 26 Jun 2024 13:37
(Sharecast News) - Gold explorer and developer Panthera Resources updated the market on the ongoing dispute with the Republic of India over the Bhukia project on Wednesday, confirming that it had secured litigation financing for the dispute.
Wed 26 Jun 2024 12:59
(Sharecast News) - German engineering group Robert Bosch is reportedly considering a bid for US appliance maker Whirlpool.
Wed 26 Jun 2024 12:49
(Sharecast News) - Haleon said on Wednesday that it has agreed to sell its nicotine replacement therapy (NRT) business outside of the US to Dr Reddy's Laboratories for £500m.
Wed 26 Jun 2024 12:36
(Sharecast News) - Braveheart Investment Group announced the acquisition of an additional 1.93 million shares in its portfolio company Autins Group on Wednesday.
Wed 26 Jun 2024 11:49
(Sharecast News) - Learning Technologies Group announced the sale of its VectorVMS business to PIXID Group on Wednesday, for $50m.
Wed 26 Jun 2024 11:39
(Sharecast News) - Apax Global Alpha confirmed the retirement of Tim Breedon CBE from his position as chairman and director on Wednesday, effective 1 July.
Wed 26 Jun 2024 11:37
(Sharecast News) - MNC Capital Partners said on Wednesday that it has upped its all-cash takeover offer for Vista Outdoor to $42 per share, or $3.2bn, from $39.50 earlier in the month.
Wed 26 Jun 2024 11:18
(Sharecast News) - Alliance Trust and Witan Investment Trust are to join forces, the British firms announced on Wednesday, creating a major new £5bn vehicle.
Wed 26 Jun 2024 11:07
(Sharecast News) - Legal & General Investment Management (LGIM) said that its environmental, social and governance and some pension funds would divest their stake in commodities miner and trader Glencore due to its thermal coal operations.
Wed 26 Jun 2024 10:47
(Sharecast News) - Cosmetics supplier Warpaint London, owner of the W7 and Technic brands, reported a robust trading performance ahead of its annual general meeting on Wednesday.
Wed 26 Jun 2024 10:21
(Sharecast News) - Shares in ProCook Group jumped on Wednesday, after the kitchenware brand flagged strong current trading and forecast an improvement in revenues.
Wed 26 Jun 2024 09:33
(Sharecast News) - Future surged on Wednesday as Jefferies upgraded the shares to 'buy' from 'underperform' and hiked the price target to 1,280p from 635p.
Wed 26 Jun 2024 09:19
(Sharecast News) - Revolution Beauty said on Wednesday that it has swung into the black, as it looked to move on from a turbulent period.
Wed 26 Jun 2024 09:15
(Sharecast News) - Seeing Machines, the AIM-listed group that designs tech to improve transport safety, has announced that profits will be lower than market expectations as it unveiled a new five-year license renewal with mining giant Caterpillar.
Wed 26 Jun 2024 08:57
(Sharecast News) - Checkit said on Wednesday that it does not plan to make a firm offer for rival Crimson Tide after it rejected an improved proposal earlier in the month.
Wed 26 Jun 2024 08:56
(Sharecast News) - Infrastructure group Costain announced on Wednesday that it's CMDP joint venture has won contracts worth £65m with Southern Water.
Wed 26 Jun 2024 08:46
(Sharecast News) - Marks Electrical Group reported record full-year revenue of £114.3m in its final results on Wednesday, marking a 16.9% increase from £97.8m in 2023, and a significant doubling of revenue since the £56m it recorded in 2021, the year prior to its listing.
Wed 26 Jun 2024 08:09
(Sharecast News) - HSS Hire backed its full-year earnings guidance on Wednesday ahead of its annual general meeting.
Wed 26 Jun 2024 08:01
(Sharecast News) - Nasdaq on Wednesday said it had cancelled plans to transfer its Nordic power trading and clearing business to the European Energy Exchange (EEX).
Wed 26 Jun 2024 07:55
(Sharecast News) - Deliveroo shares sparked on Wednesday following a report that US meal delivery group Doordash flagged interest in a takeover of the UK company last month.
Wed 26 Jun 2024 07:54
(Sharecast News) - Asset manager Liontrust swung to a small loss in the year ended 31 March after seeing net outflows of more than £6bn due to an adverse trading environment, but said it's starting to see signs of a recovery.
Wed 26 Jun 2024 07:47
(Sharecast News) - Investors' attention on Thursday will be on a flurry of economic indicators that are due out in the US.
Wed 26 Jun 2024 07:46
(Sharecast News) - Analysts at Berenberg kept their recommendation for Whitbread at 'buy', arguing that markets were wrong to price in a continued drop in demand.
Wed 26 Jun 2024 07:28
(Sharecast News) - Online electricals retailer AO World posted a surge in full-year profit on Wednesday, topping its own guidance range as its plan to pivot the business to focus on profit and cash generation bore fruit.
Wed 26 Jun 2024 07:21
(Sharecast News) - Drax said it was selling up to 90,000 small & medium-sized (SME) customer meter points from Opus Energy Group to EDF Energy Customers Limited for an undisclosed sum.
Wed 26 Jun 2024 07:20
(Sharecast News) - Power and data transmission technology specialist Volex reported record profits in its preliminary results on Wednesday, with a 26.3% increase in revenue to $912.8m, up from $722.8m year-on-year.
Wed 26 Jun 2024 07:18
(Sharecast News) - PZ Cussons said in an update on Wednesday that trading in the final quarter of the financial year, which ended on 31 May, met management expectations.
Wed 26 Jun 2024 07:11
(Sharecast News) - Anglo American has reported another dip in rough diamond sales from De Beers as it warned of a "protracted" recovery in demand.
Wed 26 Jun 2024 07:05
(Sharecast News) - Insurance and pensions group Phoenix on Wednesday said it was looking to offload its SunLife business after deciding it was no longer core to operations.
Tue 25 Jun 2024 15:47
(Sharecast News) - Electric car giant Tesla is recalling more than 23,000 Cybertrucks due to potential issues with their windshield wipers and trunk bed trims.
Tue 25 Jun 2024 15:16
(Sharecast News) - Carnival posted better-than-expected second quarter results and raised its full-year guidance on the back of a record cumulative booked position for 2024.
Tue 25 Jun 2024 14:19
(Sharecast News) - Investors' focus in the middle of the week will be on the US housing market.
Tue 25 Jun 2024 14:19
(Sharecast News) - Investors' focus in the middle of the week will be on the US housing market.
Tue 25 Jun 2024 14:02
(Sharecast News) - Americans' confidence in the economy was little changed in June thanks to robust jobs markets, the results of a survey found.
Tue 25 Jun 2024 13:38
(Sharecast News) - Shares of German chemical and pharmaceutical firm Merck were falling sharply on Tuesday, after it announced that a trial for its head and neck cancer drug xevinapant had been halted due to a lack of efficacy.
Tue 25 Jun 2024 13:30
(Sharecast News) - Britvic said on Tuesday that it was suspending its £75m share buyback after rejecting a £3.1bn takeover proposal from Danish brewer Carlsberg.
Tue 25 Jun 2024 12:15
(Sharecast News) - Deutsche Bank hiked its price target on Rolls-Royce to 555p from 465p on Tuesday as it revisited the valuation ahead of first-half results.
Tue 25 Jun 2024 11:58
(Sharecast News) - Citi has raised its target price for Segro from 1,069p to 1,149p and reiterated a 'buy' rating, hailing the industrial real estate group's structural growth ahead of an upcoming expected fall in interest rates.
Tue 25 Jun 2024 11:25
(Sharecast News) - Proton Motor Power Systems, a designer and producer of zero-carbon fuel cells and fuel cell electric hybrid systems, announced a new follow-up order from DB Bahnbau Gruppe, a subsidiary of Deutsche Bahn, on Tuesday.
Tue 25 Jun 2024 11:21
(Sharecast News) - Sound Energy has announced the successful completion and demobilisation of the Star Valley Rig 101 on Tuesday, following planned workover operations on the gas wells TE-6 and TE-7 at the Tendrara project.
Tue 25 Jun 2024 11:18
(Sharecast News) - Insurance premium finance and professions funding specialist Orchard Funding Group reported a robust performance in the insurance premium finance market on Tuesday, driving revenue growth through increased lending.
Tue 25 Jun 2024 11:04
(Sharecast News) - Tortilla Mexican Grill said on Tuesday that it has bought Fresh Burritos, the second largest fast-casual Mexican restaurant group in Europe, and largest in France, €3.95m (£3.3m).
Tue 25 Jun 2024 11:02
(Sharecast News) - Supermarket operator Morrisons reported a strong second-quarter performance on Tuesday, with continued sales momentum, significant operational progress, and substantial deleveraging.
Tue 25 Jun 2024 10:54
(Sharecast News) - Augmentum Fintech reported a 3.1% increase in its net asset value before performance fees in its annual report on Tuesday, rising to £303.3m from £294.1m in the prior year.
Tue 25 Jun 2024 10:33
(Sharecast News) - Berenberg upgraded Admiral on Tuesday to 'buy' from 'hold' and lifted the price target to 3,127p from 2,973p, citing an attractive valuation.
Tue 25 Jun 2024 09:56
(Sharecast News) - Elementis shareholder Gatemore Capital Management said on Tuesday that if the company does not launch a strategic review, accelerate its cost-savings programme and replace its chief executive, it may seek to oust the chairman.
Tue 25 Jun 2024 09:48
(Sharecast News) - Warehouse REIT reported a robust set of full-year results on Tuesday, driven by strong occupational demand and a focus on multi-let assets.
Tue 25 Jun 2024 09:08
(Sharecast News) - Wynnstay Group reported a set of interim results impacted by challenging trading conditions on Tuesday, as anticipated.
Tue 25 Jun 2024 08:55
(Sharecast News) - Online musical instrument and equipment retailer Gear4music reported final results in line with market forecasts on Tuesday, with revenue down 5% year-on-year to £144.4m, reflecting a strategic focus on enhancing gross margins and reducing costs to prioritise profitability over revenue growth.
Tue 25 Jun 2024 08:46
(Sharecast News) - IG Design Group reported a successful second year in its three-year turnaround plan on Tuesday, with significant improvements in operational efficiency and business simplification.
Tue 25 Jun 2024 08:26
(Sharecast News) - Funding Circle said on Tuesday that it has agreed to sell its US business to Miami-based iBusiness Funding (IBF) for £33m.
Tue 25 Jun 2024 07:55
(Sharecast News) - Automotive retailer Vertu Motors said that results should be in line with market expectations after a solid start to the new financial year, with new and used car sales rising along growing volumes in fleet and commercial vehicles.
Tue 25 Jun 2024 07:45
(Sharecast News) - Deutsche Bank downgraded Airbus to 'hold' from 'buy' on Tuesday after the company cut its earnings guidance and delivery targets on Monday.
Tue 25 Jun 2024 07:44
(Sharecast News) - Over-50s holidays and financial products group Saga has said it remains on track to hit targets after an in-line start to its financial year, despite ongoing challenges in the insurance market.
Tue 25 Jun 2024 07:42
(Sharecast News) - The European Union (EU) accused Microsoft of violating competition regulations on Tuesday, through the "abusive" bundling of its Teams and Office products.
Tue 25 Jun 2024 07:28
(Sharecast News) - Chapel Down said on Tuesday that it is conducting a strategic review of options to fund long-term growth, which includes investment from existing and new shareholders and a potential sale of the company.
Tue 25 Jun 2024 07:17
(Sharecast News) - AstraZeneca announced contrasting results from two phase three trials involving its immunotherapy drug 'Imfinzi', or durvalumab, on Tuesday.
Tue 25 Jun 2024 07:16
(Sharecast News) - Real estate group Landsec has raised its stake in Kent's Bluewater Shopping Centre to 66.25% after a further £120m investment.
Tue 25 Jun 2024 01:20
(Sharecast News) - Airbus warned of a hit to its bottom line and cash flow as a result of charges incurred on certain of its space activities.
Mon 24 Jun 2024 20:10
(Sharecast News) - Hargreaves Lansdown shareholder Lancaster Investment Management said on Monday that it remains "unconvinced" that a takeover offer by a consortium led by CVC Capital Partners is fair for all shareholders.
Mon 24 Jun 2024 15:18
(Sharecast News) - JPMorgan Cazenove slashed its price target on Legal & General on Monday to 285p from 330p as it cut its estimates significantly after the company's June capital markets day.
Mon 24 Jun 2024 15:05
(Sharecast News) - Analysts at Jefferies hiked their target price on shares of Rolls-Royce, pointing to its most recent trading update, which they said implied the potential for positive surprises as regarded the engineer's free cash flow guidance.
Mon 24 Jun 2024 13:35
(Sharecast News) - Chinese online fast fashion behemoth Shein has taken a step towards a potential public listing, it emerged on Monday, with reports that it confidentially filed documents with Britain's markets regulator in early June.
Mon 24 Jun 2024 12:47
(Sharecast News) - Shares in Eurofins Scientific plunged by more than a fifth on Monday after activist hedge fund Muddy Waters accused it of financial regularities, saying it had taken a short position in the stock because the German laboratory company was "optimised for malfeasance".
Mon 24 Jun 2024 12:24
(Sharecast News) - Shareholders of Turkish rapid grocery delivery giant Getir have endorsed a major restructuring plan that would see it split into two separate entities and receive a significant capital infusion from the Abu Dhabi state investment fund Mubadala, it emerged on Monday.
Mon 24 Jun 2024 12:20
(Sharecast News) - Hutchmed China announced on Monday that its partner Takeda has received approval from the European Commission for 'Fruzaqla', or fruquintinib, as a monotherapy for adult patients with metastatic colorectal cancer (CRC).
Mon 24 Jun 2024 11:55
(Sharecast News) - US sustainable packing company Sonoco said on Monday that it has agreed to buy Eviosys, a food cans, ends and closures manufacturer, from KPS for about $3.9bn.
Mon 24 Jun 2024 11:36
(Sharecast News) - Manufacturers in the UK reported that output volumes remained broadly unchanged in the three months leading up to June, according to the latest industrial trends survey released by the Confederation of British Industry (CBI) on Monday.
Mon 24 Jun 2024 11:36
(Sharecast News) - Serica Energy announced the completion of its share buyback programme on Monday, which it initially launched on 24 April.
Mon 24 Jun 2024 11:35
(Sharecast News) - The market spotlight on Tuesday will be on flurry of closely followed US housing indicators for the month of April.
Mon 24 Jun 2024 11:31
(Sharecast News) - Palm oil producer Anglo-Eastern Plantations reported a 4% decrease in fresh fruit bunches production in the first five months of the year on Monday, to 403,200 metric tonnes, down from 420,300 tonnes in the same period last year.
Mon 24 Jun 2024 11:22
(Sharecast News) - German chemicals firm Covestro said on Monday that it had agreed to enter into "concrete negotiations" Abu Dhabi National Oil Co based on a potential €62 per share starting proposal.
Mon 24 Jun 2024 11:17
(Sharecast News) - Pets at Home Group announced the start of a £25m share buyback programme on Monday, after committing to one in its preliminary results.
Mon 24 Jun 2024 10:21
(Sharecast News) - London Tunnels announced plans to raise £30m through an initial public offering (IPO) on Euronext Amsterdam on Monday, shifting its listing plans from the London Stock Exchange.
Mon 24 Jun 2024 10:15
(Sharecast News) - Warehouse REIT announced the completion of £57.5m in sales of single-let assets on Monday, through three separate transactions.
Mon 24 Jun 2024 09:44
(Sharecast News) - Brooks Macdonald Group announced the retirement of Andrew Shepherd on Monday, who has served the company for 22 years, most recently as group chief executive officer (CEO) for the last three years.
Mon 24 Jun 2024 09:35
(Sharecast News) - Shares in facilities management and professional services company Mitie were on the rise on Monday after Deutsche Bank lifted its target price for the stock following the group's better-than-expected annual results.
Mon 24 Jun 2024 09:24
(Sharecast News) - Review platform Trustpilot announced the appointment of a chief revenue officer and chief strategy officer on Monday, strengthening its senior leadership team as the company moves into "the next phase of growth".
Mon 24 Jun 2024 09:08
(Sharecast News) - Activist investor Engine Capital sent a letter to the board of C&C Group on Monday in which it urged the Magners and Bulmers owner to explore strategic alternatives for the drinks company, including a potential sale.
Mon 24 Jun 2024 08:56
(Sharecast News) - Chemring Group announced the appointment of Tony Wood as an independent non-executive director and chairman-designate on Monday.
Mon 24 Jun 2024 08:46
(Sharecast News) - Commercial property investor CLS Holdings has unveiled development plans for its Citadel Place site in London's Vauxhall, aiming to create a "vibrant community hub" once current leases expire in 2026.
Mon 24 Jun 2024 07:48
(Sharecast News) - Supreme said on Monday that it has bought Clearly Drinks, a UK manufacturer of specialised canned and bottled-at-source spring water and soft drinks, for £15m.
Mon 24 Jun 2024 07:33
(Sharecast News) - Carlsberg confirmed on Monday that PepsiCo has agreed to waive the change of control clause in the bottling arrangements it has with Britvic, removing a potential challenge for the Danish brewer looking to buy the UK drinks company.
Mon 24 Jun 2024 07:27
(Sharecast News) - Ecommerce services and fulfilment group THG has announced a new multi-year partnership with retail conglomerate Frasers Group that includes the sale of its portfolio of luxury goods websites.
Mon 24 Jun 2024 07:21
(Sharecast News) - GSK announced on Monday that it has received approval from Japan's Ministry of Health, Labour and Welfare (MHLW) for 'Omjjara', or momelotinib, as a treatment for myelofibrosis.
Mon 24 Jun 2024 07:15
(Sharecast News) - Tech giant Apple has been charged with breaking new European Union laws over allowing small companies to compete on its app store.
Mon 24 Jun 2024 07:13
(Sharecast News) - Insulation and building products group SIG has delivered a profit warning after a challenging first half, as ongoing softness in the building and construction sector across Europe resulted in subdued demand.
Mon 24 Jun 2024 07:07
(Sharecast News) - Prudential on Monday said it would return $2bn to investors via a share buyback to be completed by mid-2026.
Fri 21 Jun 2024 15:13
(Sharecast News) - Trade union Unite announced on Friday that around 1,500 Tata workers based in Port Talbot and Llanwern would start an all-out indefinite strike, starting on 8 July.
Fri 21 Jun 2024 13:48
(Sharecast News) - Standard Chartered is reportedly setting up a trading desk for Bitcoin and Ether, making it one of the first global banks to enter spot cryptocurrency trading.
Fri 21 Jun 2024 13:19
(Sharecast News) - Marketing and data science company Jaywing updated the market on its loan facility on Friday.
Fri 21 Jun 2024 13:19
(Sharecast News) - Marketing and data science company Jaywing updated the market on its loan facility on Friday.
Fri 21 Jun 2024 13:16
(Sharecast News) - Tertiary Minerals updated the market on its drilling activities at the Konkola West Copper Project on Friday.
Fri 21 Jun 2024 13:14
(Sharecast News) - Life science company Ondine Biomedical announced on Friday that its 'Steriwave' nasal photodisinfection treatment was now available through the NHS Supply Chain.
Fri 21 Jun 2024 13:08
(Sharecast News) - Strategic Minerals reported a challenging year in its final results on Friday, marked by significant financial and operational hurdles.
Fri 21 Jun 2024 13:03
(Sharecast News) - Trinity Exploration and Touchstone Exploration updated the market on Friday, on the regulatory conditions for the recommended all-share acquisition of Trinity by Touchstone.
Fri 21 Jun 2024 12:54
(Sharecast News) - Shares in Braveheart Investment Group were in the red on Friday morning, after it reported a significant shift in its financial performance in its final results.
Fri 21 Jun 2024 12:49
(Sharecast News) - Pennant International reported a successful return to operating profit in its final results on Friday, achieving a record gross profit margin.
Fri 21 Jun 2024 12:36
(Sharecast News) - Rockhopper Exploration announced the receipt of the first tranche of funds from the monetisation of its Ombrina Mare arbitration award on Friday.
Fri 21 Jun 2024 11:18
(Sharecast News) - JLEN Environmental Assets Group reported a resilient financial performance for the year ended 31 March on Friday.
Fri 21 Jun 2024 11:09
(Sharecast News) - The market value of Andrada Mining sunk by more than a tenth on Friday after the Namibia-focused miner reported that plant outages kept a lid on tin processing rates in its first quarter, though the company said it was well placed to take advantage of the recent rise in tin prices.
Fri 21 Jun 2024 10:27
(Sharecast News) - The negative reaction to Tate & Lyle's proposed tie-up with US food ingredients group CP Kelco was "too extreme", according to Berenberg, which kept a 'buy' rating on the UK food and beverages group following the announcement.
Fri 21 Jun 2024 09:57
(Sharecast News) - Morgan Stanley downgraded B&M European Value Retail on Friday to 'underweight' from 'equalweight' as it said like-for-like growth is slowing and it expects margins to contract year-over-year in FY25, which is a worse outlook than UK retail peers.
Fri 21 Jun 2024 09:37
(Sharecast News) - NewRiver Reit said it remained confident for the future on Friday, on the back of a strengthening retail sector and a "strong" operational performance.
Fri 21 Jun 2024 09:11
(Sharecast News) - JPMorgan Cazenove upgraded Severn Trent and United Utilities on Friday and placed both on 'positive catalyst watch' as it turned more positive on the UK water sector for the first time since it turned cautious in 2022.
Fri 21 Jun 2024 08:43
(Sharecast News) - Shares in Britvic soared in early trading on Friday, after the soft drinks firm rejected a fresh approach from brewing giant Carlsberg Group.
Fri 21 Jun 2024 08:37
(Sharecast News) - Compass Group announced an agreement to repurchase up to $250m (£196.7m) of its ordinary shares on Friday.
Fri 21 Jun 2024 08:13
(Sharecast News) - Rolls-Royce's recent share price rally has further to run, according to Citi, which lifted its target price for the stock on Friday.
Fri 21 Jun 2024 07:56
(Sharecast News) - JPMorgan Cazenove lifted its price target on BAE Systems on Friday to 1,500p from 1,400p as it pointed to an exciting list of potential new contracts.
Fri 21 Jun 2024 07:55
(Sharecast News) - UK advertising group M&C Saatchi has appointed Simon Fuller as chief financial officer, effective July 1, the company said on Friday.
Fri 21 Jun 2024 07:52
(Sharecast News) - Kurdistan-focused oil producer Gulf Keystone saw shares jump on Friday after announcing it would return a further $15m to shareholders by way of an interim dividend following a solid performance in its first half, just one month after announcing a $10m share buyback programme.
Fri 21 Jun 2024 07:05
(Sharecast News) - Events group Informa on Friday said it was on track to deliver earnings at the upper end of guidance as revenues grew by 10.1% in the year to date.
Thu 20 Jun 2024 16:09
(Sharecast News) - Life science company Avacta Group announced the appointment of Shaun Chilton as its non-executive chairman on Thursday, succeeding Eliot Forster, who was stepping down from the board with immediate effect.
Thu 20 Jun 2024 15:09
(Sharecast News) - Interpath Advisory is reportedly in advanced talks to buy KPMG's restructuring division in France, with a deal possible as soon as next month.
Thu 20 Jun 2024 14:44
(Sharecast News) - Investors' focus at the end of the week will be on a raft of preliminary survey results, covering the month of June, for manufacturing and services sector activity in the UK, euro area and US.
Thu 20 Jun 2024 12:44
(Sharecast News) - Ocado tumbled on Thursday as it said the planned launch of North American partner Sobeys' customer fulfilment centre in Vancouver had been paused and that the two have agreed to end terms related to mutual exclusivity.
Thu 20 Jun 2024 12:44
(Sharecast News) - Kettle safety and water technology specialist Strix issued an optimistic update on Thursday, reporting promising signs of recovery in the kettle controls market as the peak season approached.
Thu 20 Jun 2024 12:37
(Sharecast News) - GCP Infrastructure Investments reported a strong first-half performance on Thursday, with a total shareholder return of 12.5%.
Thu 20 Jun 2024 12:32
(Sharecast News) - LSL Property Services reported a robust trading performance in an update on Thursday, on the back of the strategic transformation work it completed last year, which, combined with improving market conditions, had positioned the company for growth.
Thu 20 Jun 2024 12:28
(Sharecast News) - XPS Pensions Group reported a 21% increase in group revenue in its final results on Thursday, to £196.6m.
Thu 20 Jun 2024 12:17
(Sharecast News) - Land and property regenerator Harworth Group announced the completed sale of a 16-acre serviced land parcel at its Benthall Grange mixed-use development on the site of the former Ironbridge Power Station in Shropshire on Thursday.
Thu 20 Jun 2024 12:11
(Sharecast News) - Life science investor Syncona announced the addition of two new oncology companies to its portfolio on Thursday.
Thu 20 Jun 2024 12:05
(Sharecast News) - Tool and equipment rental provider Speedy Hire announced a significant infrastructure contract with Amey Group Services on Thursday.
Thu 20 Jun 2024 11:51
(Sharecast News) - Berenberg downgraded its stance on shares of Upper Crust owner SSP to 'hold' from 'buy' on Thursday and cut the price target to 180p from 280p as it said first-half results outlined earnings risks.
Thu 20 Jun 2024 11:47
(Sharecast News) - Germany and UK-focussed business and industrial park investor Sirius Real Estate announced £31m worth of completed acquisitions in the UK on Thursday.
Thu 20 Jun 2024 10:47
(Sharecast News) - UK financial regulators have announced that they are keeping trading apps under review over concerns that they are encouraging risk-taking among users.
Thu 20 Jun 2024 10:35
(Sharecast News) - NCC Group said on Thursday that cyber security revenues had returned to growth, helping annual operating profits come in ahead of expectations.
Thu 20 Jun 2024 10:06
(Sharecast News) - Berenberg slashed its price target on YouGov on Thursday to 1,200p from 1,350p after the company warned that full-year profits and revenue will be lower than expected due to slow demand in its data products division.
Thu 20 Jun 2024 09:59
(Sharecast News) - Building materials distributor Lords Group reported stable revenue in line with management expectations in an update on Thursday.
Thu 20 Jun 2024 09:37
(Sharecast News) - CMC Markets posted a better-than-expected surge in annual profits on Thursday, boosted by a strong performance across both its retail and institutional divisions.
Thu 20 Jun 2024 09:30
(Sharecast News) - YouGov tumbled on Thursday as it cautioned that full-year profits and revenue will be lower than expected due to slow demand in its data products division.
Thu 20 Jun 2024 09:04
(Sharecast News) - Shares in Franchise Brands dropped sharply on Thursday despite the B2B van-based services group meeting expectations with its full-year results, as the company gave a cautious outlook for 2024 and announced the departure of its chief financial officer.
Thu 20 Jun 2024 08:49
(Sharecast News) - Shares in Time Out Group gained on Thursday morning after the media and hospitality company said full-year profits are expected to beat forecasts on the back of a strong fourth quarter.
Thu 20 Jun 2024 08:38
(Sharecast News) - JPMorgan Cazenove cut its price target on Spectris on Thursday to 2,750p from 2,950p as it downgraded forecasts following the company's profit warning a day earlier.
Thu 20 Jun 2024 07:50
(Sharecast News) - Urban Logistics REIT reported an 8.4% improvement in net rental income in its full-year results on Thursday, to £57.4m.
Thu 20 Jun 2024 07:31
(Sharecast News) - Food and beverage products group Tate & Lyle is to buy Atlanta-based pectin, gums and specialty ingredients firm CP Kelco from JM Huber Corporation for $1.8bn, giving the latter a 16% stake in the business.
Thu 20 Jun 2024 07:18
(Sharecast News) - Phoenix Group announced on Thursday that it has successfully completed the initial phase of its deleveraging programme, including a significant debt redemption and refinancing exercise.
Thu 20 Jun 2024 07:17
(Sharecast News) - Alpha Financial Markets Consultancy said on Thursday that it has agreed to be bought by private equity firm Bridgepoint for 505p per share in cash.
Thu 20 Jun 2024 07:14
(Sharecast News) - Paper and packaging company DS Smith reported a fall in annual profits driven by weak volumes and high inflation, but said it expected higher prices and demand would boost a recovery in the second half of the current year and into 2026.
Thu 20 Jun 2024 07:13
(Sharecast News) - Sainsbury's has announced it is selling its core banking business, comprising £2.5bn of outstanding credit card, unsecured personal loan and saving accounts, to NatWest and plans to return a tenth of that amount to shareholders.
Thu 20 Jun 2024 07:03
(Sharecast News) - Energean said it had signed a deal to sell its portfolio in Egypt, Italy and Croatia to Carlyle Group for an enterprise value of up to $945m, with the private equity firm setting up a separate company to be chaired by former BP Chief Executive Tony Hayward.
Wed 19 Jun 2024 15:20
(Sharecast News) - Cloud, network, and security managed communications services provider Maintel said in an update on Wednesday that it had focussed on strategic organic growth initiatives in the first five months of the year, successfully securing significant new contracts and launching new product initiatives, including the Maintel Application Platform aimed at enhancing customer offerings.
Wed 19 Jun 2024 13:22
(Sharecast News) - JP Morgan Chase is to scrap Brussels' cap on bonuses for its UK bankers, it was reported on Wednesday.
Wed 19 Jun 2024 12:15
(Sharecast News) - The UK competition regulator has launched an investigation into Hewlett Packard Enterprise's proposed $14bn takeover of Juniper Networks, it was confirmed on Wednesday.
Wed 19 Jun 2024 11:53
(Sharecast News) - Alpha Financial Markets surged on Wednesday after saying it had received a 505p a share takeover proposal from buyout firm Bridgepoint that it would be willing to recommend.
Wed 19 Jun 2024 11:04
(Sharecast News) - Sir George Iacobescu, Canary Wharf Group's long-standing chair and the driving force behind the site's development, is retiring after 36 years with the company, it was confirmed on Wednesday.
Wed 19 Jun 2024 10:35
(Sharecast News) - Precision analytics company Ixico announced a new contract valued at over £1m on Wednesday.
Wed 19 Jun 2024 10:34
(Sharecast News) - Light Science Technologies announced a significant contract worth over £0.75m on Wednesday, with a new blue-chip customer, for its passive fire protection division LSTH IFB.
Wed 19 Jun 2024 10:31
(Sharecast News) - Digital advertising and technology services company Brave Bison said in an update on Wednesday that trading in the first five months of 2024 met expectations, with the board anticipating adjusted profit before tax for the six months ended 30 June to surpass the prior year's figures.
Wed 19 Jun 2024 10:23
(Sharecast News) - Powerhouse Energy announced the successful delivery and installation of its thermal conversion chamber (TCC) at its Bridgend Technical Centre on Wednesday.
Wed 19 Jun 2024 10:14
(Sharecast News) - Energy, medical, and industrial components, modules, systems, and services provider Avingtrans reported record revenue from continuing operations for the financial year ended 31 May in an update on Wednesday.
Wed 19 Jun 2024 10:05
(Sharecast News) - Structural steel specialist Severfield reported revenue of £463.5m in its final results on Wednesday, down from £491.8m in 2023 amid softer market conditions.
Wed 19 Jun 2024 09:41
(Sharecast News) - Berenberg has hiked its price target for shares of Oxford Instruments by 12% and reiterated a 'buy' rating, saying that the stock still trades at a significant discount to others in the sector despite strong growth momentum.
Wed 19 Jun 2024 09:29
(Sharecast News) - Flooring manufacturer and distributor Victoria said in its final results on Wednesday that despite macroeconomic challenges affecting consumer spending on flooring, it still outperformed the broader market in several key regions.
Wed 19 Jun 2024 09:28
(Sharecast News) - Jefferies lifted its price target on Hargreaves Lansdown on Wednesday to 1,140p from 1,035p but cut the rating to 'hold' from 'buy' after the investment platform said a day earlier that it would recommend a 1,140p a share takeover offer from a consortium led by CVC.
Wed 19 Jun 2024 08:41
(Sharecast News) - Alliance Pharma reported strong preliminary results for the year ended 31 December on Wednesday, after an audit delay, driven by a robust second half that led to record sales and expanded underlying profit.
Wed 19 Jun 2024 07:58
(Sharecast News) - Speedy Hire posted a slide in full-year profits on Wednesday, hit by higher costs and macroeconomic uncertainty, but struck a more optimistic note for the current year.
Wed 19 Jun 2024 07:57
(Sharecast News) - Solar energy and energy storage investment firm NextEnergy Solar Fund hiked its dividend by 11% despite reporting flat income and a modest drop in net asset value (NAV) in the year ended 31 March.
Wed 19 Jun 2024 07:46
(Sharecast News) - Young & Co's Brewery struck an upbeat note on Wednesday, despite a slide in full-year profits, as it flagged a bumper summer of sport.
Wed 19 Jun 2024 07:42
(Sharecast News) - Telecoms tower company Helios Towers has announced a secondary placing of shares, in which stakeholders Newlight Partners and RIT Capital Partners sold a combined £43.2m of stock, causing the share price to sink on Wednesday.
Wed 19 Jun 2024 07:30
(Sharecast News) - All eyes on Thursday will be on the Bank of England.
Wed 19 Jun 2024 07:21
(Sharecast News) - Pprecision instrumentation and controls group Spectris has said full-year profits will miss current market forecasts as a result of weaker-than-expected demand at its lab equipment division in the first half.
Wed 19 Jun 2024 07:19
(Sharecast News) - UK housebuilder Berkeley lifted its earnings outlook by 5% for the current financial year amid tough trading conditions and unveiled plans to enter the London rental market.
Wed 19 Jun 2024 07:18
(Sharecast News) - Vodafone Group confirmed several days of speculation on Wednesday, as it announced the sale of 484.7 million shares in Indus Towers, representing 18% of Indus' share capital, through an accelerated bookbuild.
Wed 19 Jun 2024 07:17
(Sharecast News) - The co-founder of IQE is stepping down with immediate effect, the semiconductor specialist confirmed on Wednesday, after nearly 36 years with the business.
Wed 19 Jun 2024 07:15
(Sharecast News) - Annual consumer price inflation fell to 2% in May from 2.3% in April, in line with expectations, according to figures released on Wednesday by the Office for National Statistics.
Wed 19 Jun 2024 07:02
(Sharecast News) - Shares in Games Workshop surged on Wednesday as the Warhammer maker said it expected a jump in annual pre-tax profits to at least £200m compared to £171m a year earlier.
Tue 18 Jun 2024 13:54
(Sharecast News) - Hargreaves Lansdown said on Tuesday that it would be willing to recommend a firm takeover approach at 1,140p a share from a consortium led by CVC Capital Partners and has therefore requested an extension to the 'put up or shup up' deadline.
Tue 18 Jun 2024 13:48
(Sharecast News) - Hargreaves Lansdown is reportedly set to extend talks with a consortium of private investors who have proposed buying the company in a deal worth about £5bn.
Tue 18 Jun 2024 13:37
(Sharecast News) - Transport technology and artificial intelligence (AI) specialist Cordel Group announced a significant new customer contract in the Middle East on Tuesday.
Tue 18 Jun 2024 13:37
(Sharecast News) - Transport technology and artificial intelligence (AI) specialist Cordel Group announced a significant new customer contract in the Middle East on Tuesday.
Tue 18 Jun 2024 13:35
(Sharecast News) - Analysts at Canaccord Genuity reiterated their 'sell' recommendation for shares of CMC Markets, arguing that their valuation was too "generous".
Tue 18 Jun 2024 13:31
(Sharecast News) - Switzerland's financial watchdog said HSBC's private bank in the country had breached its obligations in the prevention of money laundering in connection with two unnamed "politically exposed" persons.
Tue 18 Jun 2024 12:31
(Sharecast News) - Medical device company Silk Road Medical surged in pre-market trade on Tuesday after saying it had agreed to be bought by Boston Scientific in a $1.26bn deal.
Tue 18 Jun 2024 12:12
(Sharecast News) - France has turned into investors' most unloved European equity market after President Macron called a snap election, having been the most preferred last month, according to the latest European Fund Manager Survey from Bank of America.
Tue 18 Jun 2024 12:03
(Sharecast News) - Premier African Minerals shares rose strongly on Tuesday after the mining company expressed confidence in its Zulu lithium and tantalum project in Zimbabwe.
Tue 18 Jun 2024 11:59
(Sharecast News) - Green hydrogen technology and manufacturing company Clean Power Hydrogen announced on Tuesday that it has been awarded CE-marking for its membrane-free electrolyser (MFE) stacks.
Tue 18 Jun 2024 11:08
(Sharecast News) - RBC Capital Markets has hiked its target price for Crest Nicholson from 175p to 250p, but kept an 'underperform' rating after the housebuilder rejected a second takeover offer from peer Bellway.
Tue 18 Jun 2024 11:04
(Sharecast News) - Quantum Blockchain Technologies announced on Tuesday that the Court of Appeal of Venice issued a judgement on 10 June regarding the appeals in the lawsuit filed by its subsidiary, Clear Leisure 2017 (CL17), against the former directors and statutory auditors of Sipiem in Liquidazione (Sipiem).
Tue 18 Jun 2024 10:47
(Sharecast News) - Cloud video editing technology developer Blackbird said in an update on Tuesday that over the last year, it had seen significant investment and transformation, notably with the launch of the Elevate.io multiplayer editor.
Tue 18 Jun 2024 10:42
(Sharecast News) - Technology-based language, content and intellectual property specialist RWS Holdings announced the approval of its near-term science-based emissions reduction target by the Science Based Targets initiative (SBTi) on Tuesday.
Tue 18 Jun 2024 10:38
(Sharecast News) - Science Group announced a positive trading update on Tuesday, ahead of its annual general meeting.
Tue 18 Jun 2024 10:21
(Sharecast News) - Residential Secure Income (ReSI) reported a robust first-half performance on Tuesday, achieving like-for-like rental growth of 6.5% and maintaining a rent collection rate of 99%.
Tue 18 Jun 2024 10:04
(Sharecast News) - Shares of French supermarket giant Carrefour fell sharply on Tuesday, following reports from French media indicating that the economic and finance ministry had recommended a substantial fine against the company for its franchise network management.
Tue 18 Jun 2024 09:38
(Sharecast News) - Investor focus in the middle of the week will be on the cost of living in the UK.
Tue 18 Jun 2024 09:21
(Sharecast News) - German business sentiment improved less than expected in June, according to a survey released on Tuesday by the ZEW Center for European Economic Research in Mannheim.
Tue 18 Jun 2024 09:06
(Sharecast News) - Shares in AFC Energy advanced on Tuesday after the hydrogen power-generation group announced the delivery of its highest rated zero emission power generator.
Tue 18 Jun 2024 09:03
(Sharecast News) - Tatton Asset Management reported growth across key financial metrics in its final results on Tuesday, with group revenue rising 13.9% to £36.81m.
Tue 18 Jun 2024 08:43
(Sharecast News) - US electric vehicle startup Fisker on Monday filed for bankruptcy protection after talks with an unnamed major car maker on a cash injection ended without a deal and would now look to sell assets.
Tue 18 Jun 2024 08:20
(Sharecast News) - Shell said on Tuesday that it has agreed to buy Singaporean liquefied natural gas (LNG) firm Pavilion Energy from investment company Temasek for an undisclosed sum.
Tue 18 Jun 2024 07:59
(Sharecast News) - STEM-specialist recruitment firm SThree said it expects to hit market forecasts this year despite a drop in net fees in the first half.
Tue 18 Jun 2024 07:47
(Sharecast News) - Telecom Plus posted better-than-expected full-year pre-tax profit on Tuesday as customer and service numbers continued to grow.
Tue 18 Jun 2024 07:28
(Sharecast News) - Equipment rental group Ashtead broadly met consensus estimates with double-digit annual revenue growth, though profits did come in shy of expectations, as the company pointed to a further moderation of growth in the coming year.
Tue 18 Jun 2024 07:26
(Sharecast News) - Denver-based Advanced Energy Industries said on Tuesday that it does not plan to make a takeover offer for XP Power as it has not been able to access the due diligence necessary.
Tue 18 Jun 2024 07:19
(Sharecast News) - Premier Inn owner Whitbread said it was confident on its full year outlook despite flat first quarter sales.
Tue 18 Jun 2024 07:17
(Sharecast News) - AstraZeneca announced on Tuesday that the phase three 'CAPItello-290' trial for 'Truqap', or capivasertib, in combination with paclitaxel did not achieve its primary endpoints.
Tue 18 Jun 2024 07:16
(Sharecast News) - Full-year results from cybersecurity firm Intercede showed record revenues and profits, with numbers bolstered by contract wins with US government agencies.
Tue 18 Jun 2024 07:12
(Sharecast News) - Aerospace manufacturing group Melrose has appointed the former boss of British Land and veteran banker Chris Grigg as its chair designate.
Mon 17 Jun 2024 14:04
(Sharecast News) - Invinity Energy Systems announced a significant sale of 4 MWh to PowerFlex, part of EDF Renewables North America, on Monday.
Mon 17 Jun 2024 14:00
(Sharecast News) - Explorer and developer Lexington Gold announced positive assay results from its recent drilling programme at the Jennings-Pioneer Project in South Carolina on Monday.
Mon 17 Jun 2024 13:53
(Sharecast News) - Canada-focussed mineral exploration and development company Fulcrum Metals announced the start of a phased sampling, testing, and study programme at its Sylvanite Gold Tailings project in the Kirkland Lake area of Ontario on Monday.
Mon 17 Jun 2024 13:49
(Sharecast News) - Mind Gym reported on a challenging year in which it swung to losses on Monday, while also outlining a new strategy aimed at medium-term growth and profitability.
Mon 17 Jun 2024 13:40
(Sharecast News) - Manufacturing activity in the state of New York weakened again in June, according to a survey released on Monday.
Mon 17 Jun 2024 13:35
(Sharecast News) - Talks to renegotiate Home REIT's £130m debt pile have collapsed, meaning the struggling social housing fund will have to sell more properties to pay back lenders.
Mon 17 Jun 2024 12:17
(Sharecast News) - Shares in Adidas fell sharply on Monday after the German sports apparel and footwear manufacturer said it was investigating allegations of bribery in China.
Mon 17 Jun 2024 12:15
(Sharecast News) - Jefferies cut its price target on Aston Martin Lagonda shares on Monday to 250p from 275p as it pointed to reduced earnings and delayed deleveraging.
Mon 17 Jun 2024 11:37
(Sharecast News) - The market spotlight on Tuesday will be on US industrial production and retail sales figures for the month of May.
Mon 17 Jun 2024 10:05
(Sharecast News) - Goldman Sachs downgraded SSP on Monday to 'sell' from 'neutral' "on a relative basis" as it took a look at European travel concessions.
Mon 17 Jun 2024 09:54
(Sharecast News) - Cornish Metals announced on Monday that it has entered into a binding letter of intent with Northera Resources for the sale of its 100% interest in the Nickel King and Opescal Lake properties, collectively known as the Nickel King Property.
Mon 17 Jun 2024 09:47
(Sharecast News) - Swiss banking giant UBS announced on Monday that it expected to book a provision of about $900m related to Credit Suisse's funds, tied to the collapsed supply chain financing firm Greensill Capital.
Mon 17 Jun 2024 09:30
(Sharecast News) - Citi downgraded its stance on European equities on Monday to 'neutral' from 'overweight' as it said near-term risks have increased, with markets narrowing and political uncertainty taking centre stage.
Mon 17 Jun 2024 09:28
(Sharecast News) - Hutchmed China announced the publication of positive results from its phase three 'ESLIM-01' trial of sovleplenib in the Lancet Haematology.
Mon 17 Jun 2024 09:07
(Sharecast News) - Somero Enterprises said in an update on Monday that trading for the first five months of 2024 was consistent with expectations.
Mon 17 Jun 2024 09:02
(Sharecast News) - Financial software solutions provider Aptitude Software announced a significant contract win with a prominent multibillion-dollar insurance brokerage in the United States on Monday.
Mon 17 Jun 2024 08:58
(Sharecast News) - Picton Property Income announced significant developments in its asset management strategy on Monday.
Mon 17 Jun 2024 08:55
(Sharecast News) - CLS Holdings announced plans on Monday to convert its Debussy office property on Boulevard de la République in La Garenne-Colombes, Paris, into serviced apartments.
Mon 17 Jun 2024 07:55
(Sharecast News) - RBC Capital Markets has said that rising freight costs shouldn't have a material impact on budget retail B&M, as it kept an 'outperform' rating on the stock.
Mon 17 Jun 2024 07:47
(Sharecast News) - Mission Group said in an update on Monday that trading between 3 April and 17 June had remained in line with the board's expectations.
Mon 17 Jun 2024 07:42
(Sharecast News) - Hikma Pharmaceuticals said on Monday that it has agreed to buy parts of Xellia Pharmaceuticals, a Copenhagen-based specialty company focusing on providing anti-infective treatments and other critical care therapies, for up to $185m.
Mon 17 Jun 2024 07:18
(Sharecast News) - Publishing, events and B2B consultancy group Ascential has said that trading is in line with expectations for the full year, helped by strong growth in marketing and fintech operations.
Mon 17 Jun 2024 07:15
(Sharecast News) - AstraZeneca said its Imfinzi cancer treatment had been approved in the US as treatment for adult patients with primary advanced or recurrent endometrial cancer.
Mon 17 Jun 2024 07:15
(Sharecast News) - RBC Capital Markets said on Monday that it continues to see "significant" upside for Rentokil Initial shares, "although clearly there is still lots to do, with peak branch integration still 12 months away".
Mon 17 Jun 2024 07:02
(Sharecast News) - B&Q owner Kingfisher said it had appointed British Land chief financial officer Bhavesh Mistry to the same role at the home improvement company.
Fri 14 Jun 2024 16:36
(Sharecast News) - Ferrovial - Heathrow's largest shareholder - said on Friday that it has agreed to sell a 37.6% stake in the London airport to the Saudi Public Investment Fund and French private equity firm Ardian for just under £3.3bn.
Fri 14 Jun 2024 14:15
(Sharecast News) - Aptamer Group announced a partnership with Microsaic Systems on Friday, to develop a panel of Optimer binders for integration into Microsaic's water testing system.
Fri 14 Jun 2024 12:35
(Sharecast News) - Water utility company Pennon has received the green light from the UK's competition watchdog for the proposed merger of Sutton & East Surrey Water and South West.
Fri 14 Jun 2024 11:15
(Sharecast News) - CPPGroup, a provider of real-time, digitally delivered assistance products, announced the disposal of its legacy operations in Italy on Friday.
Fri 14 Jun 2024 11:10
(Sharecast News) - Budget computer maker Raspberry Pi saw a significant jump in its shares on Friday morning, as retail investors began trading its stock.
Fri 14 Jun 2024 10:51
(Sharecast News) - Vodafone Group is reportedly looking to sell its whole $2.3bn stake in India's Indus Towers through stock market block deals next week.
Fri 14 Jun 2024 10:15
(Sharecast News) - The competition watchdog has launched an official investigation into the proposed £2.5bn takeover of house builder Redrow by Barratt Developments, it was confirmed on Friday.
Fri 14 Jun 2024 10:10
(Sharecast News) - Corero Network Security announced a new three-year partnership with US-based A2 Hosting, a provider of high-performance hosting solutions, on Friday.
Fri 14 Jun 2024 09:59
(Sharecast News) - Governance, risk and compliance software specialist Acuity RM Group announced the appointment of Katherine Buchan ACA as its finance director on Friday, effective immediately.
Fri 14 Jun 2024 09:58
(Sharecast News) - Medical technology company Tissue Regenix has purchased the building it currently leases at its facility in Universal City, Texas.
Fri 14 Jun 2024 09:51
(Sharecast News) - Physiomics, a mathematical modelling and data science specialist focussed on therapeutics and personalised medicine, has re-engaged with DoseMe to implement its personalised dosing software on the 'DoseMeRx' platform, it announced on Friday.
Fri 14 Jun 2024 09:27
(Sharecast News) - Renalytix announced on Friday that Medicare has issued a final local coverage determination (LCD) for its 'kidneyintelX.dkd' testing.
Fri 14 Jun 2024 09:23
(Sharecast News) - Analysts at Berenberg hiked their target price on safety equipment business Halma from 2,295.0p to 2,450.0p on Friday following the group's full-year earnings report a day earlier.
Fri 14 Jun 2024 09:22
(Sharecast News) - North America-focussed Bradda Head Lithium reported promising geochemical results from its drilling programme at the Basin Project in Arizona on Friday.
Fri 14 Jun 2024 09:16
(Sharecast News) - Keywords Studios announced an extension to the deadline for a possible cash offer from a fund within the EQT Group on Friday.
Fri 14 Jun 2024 09:07
(Sharecast News) - Pantheon International announced the appointment of Charlotte Morris as its co-lead portfolio manager on Friday.
Fri 14 Jun 2024 08:45
(Sharecast News) - Germany is lobbying the European Union to soften or even scrap a proposed tariff hike on Chinese-made electric vehicles, it was reported on Friday.
Fri 14 Jun 2024 08:05
(Sharecast News) - Palm oil producer MP Evans said on Friday that both processed crops and crude production had risen across the first five months of the year.
Fri 14 Jun 2024 07:42
(Sharecast News) - RBC Capital Markets initiated coverage of Genuit on Friday with a 'sector perform' rating and 515p price target.
Fri 14 Jun 2024 07:23
(Sharecast News) - Harworth Group has secured planning permission from the North Yorkshire Council for a major industrial and logistics hub, it announced on Friday, at its 185-acre Gascoigne Interchange site in Leeds.
Fri 14 Jun 2024 07:18
(Sharecast News) - The Bank of Japan kept lending rates on hold in its latest decision overnight on Friday, and announced plans to reduce its substantial bond purchases, with detailed tapering plans set to be released at its July meeting.
Fri 14 Jun 2024 07:18
(Sharecast News) - Crest Nicholson confirmed on Friday that it had rejected two, unsolicited takeover approaches from Bellway, the latest valuing the group at about £650m.
Fri 14 Jun 2024 07:03
(Sharecast News) - British supermarket chain Tesco on Friday held annual guidance after reporting a 4.6% jump in UK first-quarter sales, but the £10m pay packet for company boss Ken Murphy was the only number in focus.
Thu 13 Jun 2024 14:40
(Sharecast News) - Brazil-focused gold miner Serabi Gold has reiterated full-year production targets after an acceleration of activity at its Coringa project as the production ramp-up continues.
Thu 13 Jun 2024 13:52
(Sharecast News) - Professional services provider Christie Group reported a more favourable trading environment for its transactional brokerage business in an update on Thursday, compared to the first half of 2023.
Thu 13 Jun 2024 12:48
(Sharecast News) - The market spotlight at the end of the week will continue to be firmly on the US and the latest inflation numbers for that economy.
Thu 13 Jun 2024 12:26
(Sharecast News) - R&Q Insurance has said that it is considering a provisional liquidation as it pushes forward to complete a sale of its program management business, Accredited, to Onex Corporation - causing shares to plummet on Thursday.
Thu 13 Jun 2024 12:22
(Sharecast News) - Ariana Resources, an AIM-listed mineral exploration and development company with interests in gold projects across Africa and Europe, reported a revised mineral resource estimate (MRE) for its Dokwe North and Dokwe Central projects in Zimbabwe on Thursday.
Thu 13 Jun 2024 12:16
(Sharecast News) - Orcadian Energy announced the finalisation of a secured long-term loan agreement with an industry partner on Thursday.
Thu 13 Jun 2024 12:07
(Sharecast News) - Beijing has urged the European Union to abandon newly-announced tariffs on Chinese electric vehicles, accusing it of "politicising" trade.
Thu 13 Jun 2024 11:21
(Sharecast News) - Natural resources investing company ADM Energy updated the market on Thursday on operations at its oil reclamation business, JKT Reclamation, in which it holds a 30.6% economic interest.
Thu 13 Jun 2024 11:12
(Sharecast News) - Security and surveillance systems group Petards reported a big drop in earnings for 2023 and gave a cautious outlook for the current year, causing shares to drop sharply on Thursday.
Thu 13 Jun 2024 11:09
(Sharecast News) - Bathroom and kitchen products supplier Norcros reported revenue of £392.1m in its full-year results on Thursday - a decrease of 11.1% from the prior year, or 6% on a constant currency like-for-like basis.
Thu 13 Jun 2024 10:49
(Sharecast News) - Palace Capital announced a proposed return of capital to shareholders on Thursday, by way of a tender offer.
Thu 13 Jun 2024 10:38
(Sharecast News) - Online pension provider PensionBee Group announced significant milestones in an update on Thursday.
Thu 13 Jun 2024 10:29
(Sharecast News) - Custodian Property Income REIT reported a robust full-year performance in its final results on Thursday, with EPRA earnings per share growing 3.6% to 5.8p, up from 5.6p in the prior year.
Thu 13 Jun 2024 10:23
(Sharecast News) - Kingfisher announced the completion of the second tranche of its £300m share buyback programme on Thursday, which it initially announced on 19 September last year.
Thu 13 Jun 2024 10:19
(Sharecast News) - PayPoint reported significant progress towards its EBITDA targets in its full-year results on Thursday, and took the wraps off a three-year share buyback programme, starting with at least £20m over the next 12 months.
Thu 13 Jun 2024 09:56
(Sharecast News) - Data sciences business Physiomics said on Thursday that it has been awarded a new contract by an existing, large client.
Thu 13 Jun 2024 09:42
(Sharecast News) - Billionaire Elon Musk has claimed that Tesla Motors shareholders are voting in favour of his controversial $56bn pay package by "a wide margin".
Thu 13 Jun 2024 09:38
(Sharecast News) - Agricultural and distribution business NWF that its full-year performance was expected to be in line with market expectations, reflecting a normalisation in the fuels and feeds markets and a strong contribution from its food division.
Thu 13 Jun 2024 09:22
(Sharecast News) - Analysts at Berenberg lowered their target price on high performance polymers business Victrex from 1,680.0p to 1,491.0p on Thursday, stating the group was "not out of the woods yet".
Thu 13 Jun 2024 09:02
(Sharecast News) - Jefferies has upgraded its rating for real estate group Great Portland from 'underperform' to 'hold' in the aftermath of the company's £350m rights issue.
Thu 13 Jun 2024 08:55
(Sharecast News) - Process services company Capita said on Thursday that it will look to focus on its core segments as the firm hopes to improve both its financial performance and cash generation.
Thu 13 Jun 2024 08:36
(Sharecast News) - Software group Tracsis said on Thursday that timing of the UK general election had brought about a short-term dip in Q4 trading due to delayed projects and decreased new orders.
Thu 13 Jun 2024 08:09
(Sharecast News) - Construction firm Galliford Try said on Thursday that its building division has signed a £69m contract to build the new Paisley Grammar School Community Campus on behalf of Renfrewshire Council.
Thu 13 Jun 2024 08:06
(Sharecast News) - Car retailer Motorpoint said on Thursday that revenues had dropped in the year ended 31 March as it faced a number of economic challenges throughout the period.
Thu 13 Jun 2024 07:52
(Sharecast News) - Pub and hotel operator Fuller, Smith & Turner hiked its annual dividend by a fifth and announced a new share buyback after a strong performance in the year to 30 March, in which adjusted profits surged 61%.
Thu 13 Jun 2024 07:48
(Sharecast News) - Shares in Wise plunged on Thursday as the UK banking and money transfer company said underlying income would be lower than its 2024 fiscal year.
Thu 13 Jun 2024 07:42
(Sharecast News) - Halma reported another year of record profit and revenue on Thursday as it hailed a solid performance in the safety and the environment & analysis sectors.
Thu 13 Jun 2024 07:37
(Sharecast News) - Renishaw announced significant changes to its board on Thursday, with Sir David McMurtry, who co-founded the company over 50 years ago, set to step down as executive chairman.
Thu 13 Jun 2024 07:33
(Sharecast News) - Mexican billionaire Carlos Slim has taken a 3.2% stake in BT Group.
Thu 13 Jun 2024 07:26
(Sharecast News) - Home construction group Crest Nicholson slashed its interim dividend payment after swinging to a loss in the first half, as the company substantially scaled back its profit guidance for the full year, causing shares to sink on Thursday.
Thu 13 Jun 2024 07:17
(Sharecast News) - Investment banking and broking firm Peel Hunt reported resilience despite ongoing challenges in capital markets in its full-year results on Thursday, with a 4% increase in revenue to £85.8m.
Thu 13 Jun 2024 07:14
(Sharecast News) - Financial advisory firm St. James's Place has appointed the chief financial officer of Credit Suisse's UK operations as its new CFO, replacing Craig Gentle who will be retiring from the business after six years leading the finance function.
Thu 13 Jun 2024 07:03
(Sharecast News) - Virgin Money, set to be taken over by Nationwide in a £2.9bn deal, on Thursday posted an 18% jump in interim profit as it continued to benefit from higher interest rates and a lower bad debt charge, but reiterated it expected headwinds in the second half of the year.
Wed 12 Jun 2024 15:30
(Sharecast News) - Alpha Financial Markets said on Wednesday that the 'put up or shut up' deadline for Bridgepoint to make an offer for the group has been extended as the two parties are still in talks.
Wed 12 Jun 2024 14:45
(Sharecast News) - The market spotlight on Thursday will continue to be on the US inflation picture.
Wed 12 Jun 2024 13:30
(Sharecast News) - US parcel delivery firm FedEx said on Wednesday that it plans to axe between 1,700 and 2,000 back-office and commercial jobs in Europe as it looks to cut costs amid a slump in freight demand.
Wed 12 Jun 2024 13:14
(Sharecast News) - Resource exploration and development company Empire Metals announced a JORC exploration target for the Pitfield Titanium Project in Western Australia on Wednesday - a significant step towards developing a mineral resource estimate for the project.
Wed 12 Jun 2024 13:06
(Sharecast News) - Renewable electricity supplier and energy services provider Good Energy Group announced a further £1.7m strategic investment in Zapmap on Wednesday, through a convertible loan note.
Wed 12 Jun 2024 13:02
(Sharecast News) - Premium spirits company Distil reported a return to revenue growth in its final results for the year ended 31 March on Wednesday, although its operating loss widened.
Wed 12 Jun 2024 12:56
(Sharecast News) - Recruitment software and service provider Dillistone Group said in an update on Wednesday that its trading performance for the first half was slightly ahead of management expectations.
Wed 12 Jun 2024 12:53
(Sharecast News) - Proton Motor Power Systems announced a follow-up order from Switzerland-based H2tec on Wednesday, for its HyCabinet S16 system.
Wed 12 Jun 2024 12:35
(Sharecast News) - Hydrocarbon, helium, and hydrogen exploration, development, and production company Mosman Oil & Gas updated the market on the EP 145 project in the Amadeus Basin of Central Australia on Wednesday, operated by its farm-in partner Greenvale Energy.
Wed 12 Jun 2024 12:12
(Sharecast News) - Language, content and intellectual property technology specialist RWS Holdings reported a shrinking of first-half revenue and profit on Wednesday, but said it expected its full-year performance to align with market expectations despite certain challenges.
Wed 12 Jun 2024 12:11
(Sharecast News) - The European Union (EU) is set to impose tariffs of up to 38% on Chinese electric vehicles (EVs), it was reported on Wednesday, initiating duties exceeding €2bn annually and risking a trade conflict with China.
Wed 12 Jun 2024 12:03
(Sharecast News) - IQGeo Group updated the market on the recommended cash acquisition by Geologist Bidco (Bidco), a company wholly-owned by funds advised by Kohlberg Kravis Roberts (KKR), on Wednesday.
Wed 12 Jun 2024 11:57
(Sharecast News) - Octopus Renewables Infrastructure Trust announced a number of updates on its construction and development activities on Wednesday.
Wed 12 Jun 2024 11:54
(Sharecast News) - Anglo Asian Mining's share price surged on Wednesday after the gold, copper and silver miner moved one step closer to starting construction on the final part of its tailings dam in Azerbaijan.
Wed 12 Jun 2024 11:45
(Sharecast News) - Balanced Commercial Property Trust updated the market on its ongoing strategic review process on Wednesday, which it launched on 15 April.
Wed 12 Jun 2024 10:33
(Sharecast News) - The share price of payment platform developer Equals Group dived on Wednesday after potential buyer Madison Dearborn Partners (MDP) bowed out of drawn-out takeover talks that have been ongoing since November.
Wed 12 Jun 2024 10:05
(Sharecast News) - Challenger Starling Bank posted a jump in annual profits on Wednesday and reiterated its commitment to a possible stock market debut, despite a jump in bad loan provisions
Wed 12 Jun 2024 09:35
(Sharecast News) - Shares in oil, gas and battery metals small cap Corcel tanked on Wednesday after the company announced that the Papua New Guinea government refused to grant a direct shipping ore mining lease for its part-owned Mambare nickel-cobalt project.
Wed 12 Jun 2024 09:25
(Sharecast News) - Jefferies has reiterated its 'buy' rating on Whitbread, on the back of the hospitality firm's growth plans.
Wed 12 Jun 2024 09:23
(Sharecast News) - Analysts at Berenberg raised their target price on engineering services firm Renew Holdings from 1,250.0p to 1,200.0p on Wednesday following the group's capital markets day last week.
Wed 12 Jun 2024 09:18
(Sharecast News) - Analysts at Canaccord Genuity raised their target price on software firm GB Group from 375.0p to 455.0p and moved the stock from 'speculative buy' to 'buy' on Wednesday following its full-year results a day earlier.
Wed 12 Jun 2024 09:11
(Sharecast News) - Monitoring platform operator Checkit said on Wednesday that it has secured a "significant expansion" with an existing US customer and a first customer for its recently launched AI module.
Wed 12 Jun 2024 09:06
(Sharecast News) - JPMorgan has reiterated its 'overweight' rating on gambling group Flutter Entertainment, saying that the recent drop in the shares has been "excessive".
Wed 12 Jun 2024 08:58
(Sharecast News) - Video games publisher Frontier Developments said on Wednesday that it had delivered a "strong" second half performance following its strategy reset to refocus on creative management simulation games.
Wed 12 Jun 2024 08:42
(Sharecast News) - Medical device developer Belluscura said on Wednesday that it had made "significant progress" in recent months and proposed a fundraising of up to £2.4m.
Wed 12 Jun 2024 08:21
(Sharecast News) - HSS Hire tanked on Wednesday as it announced the loss of a key customer.
Wed 12 Jun 2024 08:11
(Sharecast News) - X-ray screening systems supplier Image Scan said on Wednesday that it has secured a contract worth more than £350,000, scheduled for delivery in the second half of FY24.
Wed 12 Jun 2024 08:01
(Sharecast News) - Rentokil surged to the top of the FTSE 100 on Wednesday following reports that activist investor Nelson Peltz's Trian Fund Management has taken a "significant" stake in the pest control company.
Wed 12 Jun 2024 08:00
(Sharecast News) - The UK rail regulator has recommended that catering outlets with leases due to expire should be put to competitive tender with simpler and standardised contracts introduced for new entrants, but stopped short of referring the industry to competition authorities.
Wed 12 Jun 2024 07:53
(Sharecast News) - Scancell Holdings saw shares surge on Wednesday after the the AIM-listed oncology immunotherapies group announced an agreement with a "major international biotechnology company".
Wed 12 Jun 2024 07:25
(Sharecast News) - Safestore shares fell sharply on Wednesday as the self-storage specialist said it expected annual earnings to be in the lower half of consensus forecasts as it posted a fall in interim core earnings amid tough trading conditions in most of its markets.
Wed 12 Jun 2024 07:22
(Sharecast News) - Molten Ventures reported a gross portfolio value of £1.379bn in its final results on Wednesday, a slight increase from £1.371bn year-on-year, as net assets grew to £1.251bn from £1.194bn.
Wed 12 Jun 2024 07:13
(Sharecast News) - Insurance, retirement and investment services group Legal & General has announced a £200m share buyback as it set out plans to restructure the business into three core units and promised to increase shareholder returns.
Wed 12 Jun 2024 07:11
(Sharecast News) - DFS warned on profits again on Wednesday as it pointed to weaker demand and Red Sea disruption.
Tue 11 Jun 2024 17:06
(Sharecast News) - Pantheon Resources announced the results of an independent expert report (IER) by Cawley Gillespie & Associates (CGA) for the Ahpun field on Tuesday, estimating 280 million barrels of recoverable ANS crude oil.
Tue 11 Jun 2024 16:59
(Sharecast News) - Identity and location software specialist GB Group reported a set of results that aligned with its April trading update on Tuesday.
Tue 11 Jun 2024 16:54
(Sharecast News) - Cloud computing and managed services provider Iomart Group announced a robust set of financial results for the year ended 31 March on Tuesday, as well as the appointment of a new board chair.
Tue 11 Jun 2024 16:46
(Sharecast News) - Information management software and geospatial data specialist Idox reported a robust half-year financial performance on Tuesday, with key metrics in line with expectations.
Tue 11 Jun 2024 14:31
(Sharecast News) - Volatile moves in GSK's share price are likely to persist in the near term as a result of ongoing Zantac-related litigation, but the long-term investment case is "still appealing", according to Shore Capital, which kept a 'buy' rating on the stock.
Tue 11 Jun 2024 13:19
(Sharecast News) - Will the US Federal Reserve cut interest rates three times by the end of 2024? Or only twice and perhaps even less?
Tue 11 Jun 2024 12:35
(Sharecast News) - Analysts at Berenberg hiked their target price on quality assurance business Intertek from 5,400.0p to 5,500.0p on Tuesday, citing faster-than-expected margin accretion.
Tue 11 Jun 2024 12:15
(Sharecast News) - Covestro is reportedly close to granting Abu Dhabi National Oil Co. access to in-depth due diligence in expectation of an improved takeover bid, signalling fresh impetus for the talks between both parties after a year of negotiations.
Tue 11 Jun 2024 10:50
(Sharecast News) - Henry Boot announced on Tuesday that its subsidiary, Hallam Land Management, has finalised the sale of a freehold site in Ambrosden, Oxfordshire, to housebuilder Mulberry Homes.
Tue 11 Jun 2024 10:48
(Sharecast News) - Cake Box posted a jump in full-year profit and revenue on Tuesday as the maker of fresh cream celebration cakes pointed to increased franchise store sales and new store openings.
Tue 11 Jun 2024 10:17
(Sharecast News) - Raspberry Pi Holdings announced the pricing of its initial public offering (IPO) on Tuesday, at 280p per share, following the confirmation of its intention to float on 22 May.
Tue 11 Jun 2024 10:08
(Sharecast News) - Plastic products manufacturer Coral Products said on Tuesday that it intends to reinstate interim dividends after its recent full-year performance came in line with market expectations.
Tue 11 Jun 2024 09:34
(Sharecast News) - Rio Tinto said on Tuesday that it has agreed to buy Mitsubishi Corporation's 11.65% interest in Boyne Smelters (BSL) for an undisclosed sum.
Tue 11 Jun 2024 09:09
(Sharecast News) - Engineering services company Renew has entered into the electricity transmission and distribution market with its £26.0m acquisition of Excalon.
Tue 11 Jun 2024 08:57
(Sharecast News) - Exploration and development company Capricorn Energy said on Tuesday that first production from its Sangomar Field development offshore Senegal has commenced after it received confirmation from Woodside Energy that the first oil condition under the sale and purchase agreement has been satisfied.
Tue 11 Jun 2024 08:50
(Sharecast News) - Shares in French IT giant Atos were sliding on Tuesday morning, after it announced that its board had decided to proceed with a restructuring plan that would seriously dilute the equity of existing shareholders.
Tue 11 Jun 2024 08:45
(Sharecast News) - Citi lifted its price target on Hikma Pharmaceuticals on Tuesday to 2,845p from 2,770p as it said IQVIA April data highlighted "healthy trends" for injectables and US Generics.
Tue 11 Jun 2024 08:44
(Sharecast News) - Heathrow served a record number of passengers over the past year after the the busiest-ever May, the UK airport announced on Tuesday.
Tue 11 Jun 2024 08:05
(Sharecast News) - Biotechnology group Novacyt and the UK's Department of Health and Social Care have reached a commercial settlement of all claims and counterclaims in High Court proceedings.
Tue 11 Jun 2024 07:45
(Sharecast News) - Shares in Oxford Instruments surged on Tuesday after the industrial and scientific research tech group announced plans to simplify its corporate structure alongside full-year profits that came in ahead of expectations.
Tue 11 Jun 2024 07:22
(Sharecast News) - GSK has started the process of appealing a recent decision by the Delaware Superior Court regarding the ongoing Zantac, or ranitidine, litigation, it announced on Tuesday.
Tue 11 Jun 2024 07:21
(Sharecast News) - Bus and train operator FirstGroup hiked its dividend by 45% after a substantial jump in annual profits, despite revenues slipping slightly over the year.
Tue 11 Jun 2024 07:04
(Sharecast News) - Aircraft and defence engineering specialist Senior said it had won 10-year production contracts worth $80m from Collins Aerospace to supply thrust reverser structural components for Boeing 787, Airbus A320neo and Airbus A220 aircraft.
Mon 10 Jun 2024 10:30
(Sharecast News) - Texas-based oil company Noble Corporation has announced plans to snap up Diamond Offshore Drillling for $1.6bn.
Mon 10 Jun 2024 07:58
(Sharecast News) - Gulf Marine Services, a provider of self-propelled and self-elevating support vessels for the offshore oil, gas, and renewables sectors, confirmed the signing of the second phase of a four-year contract for one of its vessels operating in the Middle East on Monday.
Mon 10 Jun 2024 07:52
(Sharecast News) - The share price of AIM-listed Arecor Therapeutics dropped by almost a third on Monday after the biopharma firm warned that its working capital requirements had "accelerated" while full-year revenues remain highly uncertain.
Mon 10 Jun 2024 07:49
(Sharecast News) - Triple Point Social Housing REIT reported a robust performance in the first quarter on Monday, with a significant increase in rent collection and ongoing rental growth.
Mon 10 Jun 2024 07:34
(Sharecast News) - Investors' focus on Tuesday will be on the UK employment report for the month of April.
Mon 10 Jun 2024 07:32
(Sharecast News) - Commercial property investment group CLS Holdings has offloaded two properties for a combined £10.7m, shedding non-core assets that were initiallly acquired as part of a larger portfolio purchase.
Mon 10 Jun 2024 07:17
(Sharecast News) - US regulators have approved the use of GSK's Arexvy vaccine for a younger age group, the biopharma group announced on Monday.
Mon 10 Jun 2024 07:11
(Sharecast News) - Pennon Group chose David Sproul, a former global deputy CEO at Deloitte, as its Chair Designate.
Mon 10 Jun 2024 07:03
(Sharecast News) - Chemring said it had signed a 15-year deal partnering deal with US defence firm Northrop Grumman for the supply of HMX energetic material used in its missile programmes along with an order for the product worth $83m as demand for military weapons increased globally.
Fri 07 Jun 2024 11:33
(Sharecast News) - Asda's co-owner Zuber Issa has sold his 22.5% stake in the company to TDR Capital, giving the private equity firm a majority shareholding in the supermarket group.
Fri 07 Jun 2024 11:23
(Sharecast News) - Administrators to The Body Shop are reportedly aiming to clinch a sale of the stricken cosmetics retailer by the end of the month, even as its former owner veers away from making an offer for it.
Fri 07 Jun 2024 11:06
(Sharecast News) - Shares in small-cap pharma group N4 Pharma sank on Friday after the company announced a share placing and subscription to raise £630,000.
Fri 07 Jun 2024 08:47
(Sharecast News) - Marine tech group SRT Marine Systems said it expects to make a loss for the year ending 30 June after longer-than-expected administration processes pushed certain contracts into the next financial year.
Fri 07 Jun 2024 08:35
(Sharecast News) - British tech veteran Mike Lynch has been acquitted of fraud by a US jury, drawing a line under years of bitter legal dispute.
Fri 07 Jun 2024 07:45
(Sharecast News) - International hotels and hostels group Safestay saw losses widen in 2023 despite revenues rising by nearly a fifth, but gave an optimistic outlook with forward bookings up significantly so far this year.
Fri 07 Jun 2024 07:12
(Sharecast News) - Housebuilder Bellway has kept its guidance for housing completions this fiscal year but has lifted its forecast for pricing.
Fri 07 Jun 2024 07:05
(Sharecast News) - C&C Group shares plunged on Friday after the drinks maker said chief executive Patrick McMahon would be stepping down after accounting errors in the last three years when he was chief finance director.
Thu 06 Jun 2024 12:44
(Sharecast News) - The share price of Big Lots plunged by a fifth on Thursday after the American discount chain reported a big drop in sales and a wider-than-expected loss in its first quarter which it blamed on a "challenging consumer environment".
Thu 06 Jun 2024 12:28
(Sharecast News) - Investors' focus at the end of the week will be squarely on the US non-farm payrolls report for the month of May.
Thu 06 Jun 2024 12:06
(Sharecast News) - Digital advertising and marketing agency S4 Capital reiterated its full-year targets on Thursday despite "volatile" global macroeconomic conditions.
Thu 06 Jun 2024 12:00
(Sharecast News) - Shares in copper miner Antofagasta were rising on Thursday after the company announced the completion of a water-supply agreement at its Centinela project in Chile.
Thu 06 Jun 2024 11:50
(Sharecast News) - Computer products designer Concurrent Technologies said on Thursday that it has secured "two important contracts" via its recently acquired Phillips Aerospace business.
Thu 06 Jun 2024 11:23
(Sharecast News) - The Mission Group has rejected a revised "opportunistic" takeover approach from Brave Bison, it confirmed on Thursday, arguing that it undervalues the business.
Thu 06 Jun 2024 11:18
(Sharecast News) - The European Central Bank cut interest rates by 25 basis points on Thursday, as widely expected.
Thu 06 Jun 2024 10:58
(Sharecast News) - JPMorgan Cazenove reinstated coverage of DCC on Thursday with an 'overweight' rating and 6,700p price target.
Thu 06 Jun 2024 10:49
(Sharecast News) - Eyewear manufacturer Inspecs Group warned on Thursday that interim revenues and underlying earnings would be lower than the prior year and more in line with historic trading.
Thu 06 Jun 2024 10:41
(Sharecast News) - US antitrust regulators are to investigate Microsoft, OpenAI and Nvidia over their roles in the artificial intelligence industry, it was reported on Thursday.
Thu 06 Jun 2024 10:37
(Sharecast News) - Citigroup has said that the Labour Party's plans to renationalise the railways could offer some near-term upside for transport firm FirstGroup despite recent concerns.
Thu 06 Jun 2024 09:32
(Sharecast News) - The UK construction sector grew in May at its fastest pace in two years, according to a survey released on Thursday.
Thu 06 Jun 2024 09:26
(Sharecast News) - Tea producer Camellia said on Thursday that annual revenues were expected to grow year-on-year despite reduced tea production expectations in India and further drops in tea prices in both Kenya and Malawi.
Thu 06 Jun 2024 08:59
(Sharecast News) - Energy storage and clean fuel company ITM Power said on Thursday that full-year underlying losses were better than initially expected as it worked to attain "a positive operating rhythm" throughout the twelve months ended 30 April.
Thu 06 Jun 2024 08:57
(Sharecast News) - Singaporean commodity trading giant Trafigura saw profits slide in the first half of its financial year, with underlying earnings nearly halving as markets normalised following a period of record earnings over recent years.
Thu 06 Jun 2024 07:45
(Sharecast News) - London-based tonic and soda maker Fever-Tree Drinks said on Thursday that sales have risen over the year to date, as it continues to drive market share gains across all regions.
Thu 06 Jun 2024 07:44
(Sharecast News) - Online retailer N Brown Group said on Thursday that it had returned to profit in the year ended 2 March thanks to lower adjustments and a focus on driving profitable sales.
Thu 06 Jun 2024 07:34
(Sharecast News) - Wood Group said late on Wednesday that it had decided to "engage" with Sidara after the Dubai-based engineering and consulting firm made an improved and final takeover proposal last week at 230p a share.
Thu 06 Jun 2024 07:17
(Sharecast News) - Asset manager Bridgepoint Group has announced that founder and chair William Jackson is to step down from the board this summer.
Thu 06 Jun 2024 07:05
(Sharecast News) - Annual profits at outsourcing giant Mitie surged as revenues hit a record £4.5bn - in line with company expectations laid out in April's trading update.
Wed 05 Jun 2024 13:53
(Sharecast News) - HanesBrands said on Wednesday that it has agreed to sell its Champion business to Authentic Brands Group for up to $1.5bn.
Wed 05 Jun 2024 13:22
(Sharecast News) - All eyes on Thursday will be on the European Central Bank's policy meeting.
Wed 05 Jun 2024 12:13
(Sharecast News) -
A £13.6bn lawsuit brought against Google over its dominance in the online advertising market will go ahead, a UK court ruled on Wednesday.
Wed 05 Jun 2024 12:02
(Sharecast News) - German software giant SAP has agreed to buy WalkMe in a $1.5bn deal, it was confirmed on Wednesday, sending shares in the Israel-based firm soaring.
Wed 05 Jun 2024 12:00
(Sharecast News) - Berenberg has upgraded Taylor Wimpey to 'buy' following a review of UK housebuilders ahead of next month's general election.
Wed 05 Jun 2024 11:43
(Sharecast News) - Shares in tungsten and tin miner Tungsten West were volatile on Wednesday after the Hemerdon mine owner announced the abrupt exit of its chief executive officer.
Wed 05 Jun 2024 11:06
(Sharecast News) - JPMorgan has recommended keeping an 'overweight' position in shares of Future despite the huge jump in the British publisher's stock over the past year, saying the investment case is still "compelling" at these levels.
Wed 05 Jun 2024 10:08
(Sharecast News) - Liquid biopsy specialist Angle is to raise more than £10m to support future growth, the UK company announced on Wednesday.
Wed 05 Jun 2024 10:04
(Sharecast News) - Electronic components manufacturer Discoverie reported a double-digit increase in profits for the year ended 31 March, thanks to strong growth in underlying operating margins.
Wed 05 Jun 2024 09:57
(Sharecast News) - Citi opened a 90-day "positive catalyst watch" on Pearson shares on Wednesday as it pointed to an attractive risk/reward.
Wed 05 Jun 2024 09:33
(Sharecast News) - Chinese social media giant TikTok has taken measures to halt a cyber-attack aimed at several brand and celebrity accounts.
Wed 05 Jun 2024 09:32
(Sharecast News) - Ninety One posted a drop in full-year assets under management on Wednesday and cut its dividend as it said business conditions remained "challenging".
Wed 05 Jun 2024 09:24
(Sharecast News) - Pawnbroker Ramsdens said on Wednesday that pre-tax profits had risen in the six months ended 31 March on the back of "continued growth" across all key income streams.
Wed 05 Jun 2024 09:03
(Sharecast News) - Manufacturing and engineering business Senior has opened a new production facility in Fossé, France.
Wed 05 Jun 2024 08:49
(Sharecast News) - Berenberg initiated coverage of consumer health company Haleon on Wednesday with a 'buy' rating and 407p price target.
Wed 05 Jun 2024 07:41
(Sharecast News) - Zara-owner Inditex posted "robust" first-quarter numbers on Wednesday, as sales comfortably met expectations.
Wed 05 Jun 2024 07:36
(Sharecast News) - Office owner and operator Workspace Group reported strong rental income growth in the year to 31 March, though losses widened substantially due to falling property valuations.
Wed 05 Jun 2024 07:25
(Sharecast News) - Specialist lender Paragon Banking more than doubled interim profit and said it would extend its share buyback by up to £50m as customer demand returned after the 'mini-budget' fiasco of Liz Truss's short-lived government last October.
Wed 05 Jun 2024 07:21
(Sharecast News) - Stationary and book retailer WH Smith said it remains on track to hit full-year forecasts despite a slowdown in sales growth in third quarter, as strong growth in the travel division was tempered by falling sales on the high street.
Wed 05 Jun 2024 07:17
(Sharecast News) - Activity in China's services sector accelerated in May at its fastest pace in 10 months, according to data released on Wednesday.
Wed 05 Jun 2024 07:05
(Sharecast News) - Annual operating profits at B&M European Value Retail came in at the top end of guidance, but shares fell sharply on Wednesday after the discount retailer offered no firm guidance for the current financial year.
Wed 05 Jun 2024 07:03
(Sharecast News) - British Gas owner Centrica said trading was in line with expectations against the backdrop of a more "normalised" environment, with all retail supply and optimisation businesses to be within their medium-term sustainable adjusted operating profit ranges in 2024 - two years ahead of schedule.
Tue 04 Jun 2024 15:54
(Sharecast News) - Shares in Germany-focused lithium miner Zinnwald Lithium rallied on Tuesday afternoon after the Saxony government gave its support for its flagship project.
Tue 04 Jun 2024 14:59
(Sharecast News) - Melrose Industries rallied on Tuesday as Stifel lifted its price target on the shares to 700p from 690p and upped its profit forecast.
Tue 04 Jun 2024 14:09
(Sharecast News) - Vape manufacturer Chill Brands announced on Tuesday that it has reinstated its suspended CEO and shaken up its board following a shareholder vote to oust two directors.
Tue 04 Jun 2024 13:25
(Sharecast News) - British Airways will raise staffing levels at London's Heathrow Airport by 5% in an effort to minimise any potential disruptions over the peak summer travel season.
Tue 04 Jun 2024 13:09
(Sharecast News) - The market spotlight in the middle of the week will shift to the global services sector with a raft of survey results for the month of May due out.
Tue 04 Jun 2024 12:56
(Sharecast News) - Architecture and smart buildings group Aukett Swanke announced a new £200,000 software license contract on Tuesday, with the firm offering up its Smart Core system in a London property over the next 18 months, marking its first major revenue from software without third-party costs.
Tue 04 Jun 2024 12:31
(Sharecast News) - Troubled real estate investment trust Home Reit said on Tuesday that homelessness charity Noble Tree Foundation - a tenant of 143 properties in its portfolio - has entered into administration.
Tue 04 Jun 2024 12:07
(Sharecast News) - Gooch & Housego shares were under pressure on Tuesday after the AIM-listed manufacturer reported a sharp drop in profits in its first half - though full-year guidance was unchanged.
Tue 04 Jun 2024 11:59
(Sharecast News) - Private equity firm Blackstone is reportedly in exclusive talks to buy UK mid-market hotel chain Village Hotels.
Tue 04 Jun 2024 11:32
(Sharecast News) - Danish shipping giant Maersk has raised its full-year profits targets by the second time in five weeks as container freight costs continue to rise as a result of the ongoing crisis in the Red Sea.
Tue 04 Jun 2024 10:41
(Sharecast News) - Security and surveillance systems business Synectics said on Tuesday that year-to-date trading was "comfortably in line with market expectations" and that its cash position remained "strong".
Tue 04 Jun 2024 09:27
(Sharecast News) - Software business Checkit announced plans to merge with rival Crimson Tide on Tuesday, stating the acquisition would help both companies create "a scaled workflow software company".
Tue 04 Jun 2024 09:19
(Sharecast News) - Digital marketing firm Mission Group said on Tuesday that it was evaluating an increased takeover proposal from rival Brave Bison but that it still believes it does not reflect its contribution to the proposed combined group.
Tue 04 Jun 2024 08:24
(Sharecast News) - Tritax Eurobox gained on Tuesday after Brookfield Asset Management said it was in the early stages of assessing a possible cash offer for the company.
Tue 04 Jun 2024 08:08
(Sharecast News) - A former banker at Standard Chartered has accused the UK bank of carrying out more than $100bn of undetected transactions that breached sanctions against Iran.
Tue 04 Jun 2024 07:57
(Sharecast News) - Chemring hailed a record interim order book on Tuesday but posted a drop in underlying profit as its Tennessee countermeasures business was hit by adverse weather conditions.
Tue 04 Jun 2024 07:43
(Sharecast News) - FTSE 250-listed real estate investment trust LondonMetric saw profits and rental income both rise by more than 20% in the year to 31 March, helping the company to increase its dividend by 7.4%.
Tue 04 Jun 2024 07:20
(Sharecast News) - Berenberg upgraded Future on Tuesday to 'buy' from 'hold' and hiked the price target to 1,310p from 850p following "positive" first-half results, which indicated that organic growth has troughed.
Tue 04 Jun 2024 07:19
(Sharecast News) - Fuel cell technology developer Ceres Power has been awarded a further contract for the second phase of its collaboration with Shell.
Tue 04 Jun 2024 07:17
(Sharecast News) - Cigarettes, tobacco and vape manufacturer British American Tobacco said it remains on track to hit guidance this year despite first-half underlying revenues and adjusted profits falling by low-single digits.
Tue 04 Jun 2024 07:17
(Sharecast News) - Vistry has agreed terms with private equity giant Blackstone and property investor Regis Group to buy a portfolio of new build homes in the south-east of England with a gross development value of £580m.
Tue 04 Jun 2024 07:02
(Sharecast News) - Budget carrier Wizz Air said May passenger numbers rose 2.1% although capacity was still impacted by the grounding of 45 Airbus aircraft due to issues with their Pratt & Whitney GTF engines.
Mon 03 Jun 2024 15:57
(Sharecast News) - The New York Stock Exchange announced on Monday that it had halted trading in a number of stocks after a temporary "price bands issue" caused certain share prices to tumble erroneously.
Mon 03 Jun 2024 14:32
(Sharecast News) - Europe's third-largest tour operator FTI Group said it had filed for insolvency in the Munich regional court today, as it suffered from falling bookings.
Mon 03 Jun 2024 14:29
(Sharecast News) - Shore Capital has cut its recommendation for online car marketplace Auto Trader from 'hold' to 'sell', saying the stock's valuation is now stretched following a decent run in recent months.
Mon 03 Jun 2024 13:03
(Sharecast News) - Mike Ashley's Frasers Group said on Monday that it has appointed Sir Jon Thompson, former chief executive officer of the Financial Reporting Council, as a non-executive director.
Mon 03 Jun 2024 12:06
(Sharecast News) - Moody's lifted its 2024 growth forecast for China on Monday to 4.5% from 4% as it pointed out that first-quarter growth was boosted by trade and manufacturing activity.
Mon 03 Jun 2024 10:44
(Sharecast News) - Pets at Home rallied on Monday as Liberum upgraded its stance on the shares to 'buy' from 'hold' and lifted the price target to 360p from 290p.
Mon 03 Jun 2024 10:42
(Sharecast News) - Connection systems supplier Strip Tinning has appointed Mark Perrins as group chief executive officer, joining the board of directors with immediate effect.
Mon 03 Jun 2024 10:35
(Sharecast News) - Contract research organisation Hvivo has secured a £2.5m contract with a mid-sized pharmaceutical company to initiate an Omicron characterisation study after the manufacture of its Omicron BA.5 challenge agent was successfully completed in 2023.
Mon 03 Jun 2024 10:23
(Sharecast News) - Palm oil producer MP Evans has purchased a 5% minority holding in the majority of its Indonesian subsidiary trading companies.
Mon 03 Jun 2024 09:44
(Sharecast News) - JPMorgan Cazenove upgraded St James's Place and Quilter to 'overweight' from 'neutral' on Monday as it took a look at UK wealth managers.
Mon 03 Jun 2024 09:30
(Sharecast News) - Fast fashion retailer Shein will file paperwork for a potential floatation on the London Stock Exchange as soon as this week, according to Sky News, with an initial public offering potentially valuing the firm at roughly £51.7bn.
Mon 03 Jun 2024 09:23
(Sharecast News) - WH Ireland said on Monday that it has agreed to sell its capital markets business to investment bank Zeus Capital for up to £5m.
Mon 03 Jun 2024 09:20
(Sharecast News) - US private equity firm Blackstone has upped its bid for embattled music rights publisher Hipgnosis as it looks to change its takeover offer to a so-called 'scheme of arrangement'.
Mon 03 Jun 2024 09:14
(Sharecast News) - UK vape maker Chill Brands announced on Monday that its shares have been suspended from trade as it continues to investigate claims around the use of inside information by its suspended CEO.
Mon 03 Jun 2024 08:41
(Sharecast News) - Low-cost single-board and modular computer maker Raspberry Pi announced on Monday that it is looking to raise around £157m in its stock-market debut in London next week.
Mon 03 Jun 2024 08:12
(Sharecast News) - Baltic Classifieds slumped on Monday after Antler, which is controlled by funds advised by Apax, sold 40m shares in a placing.
Mon 03 Jun 2024 07:58
(Sharecast News) - Engineering group Hunting has won a $86m piping order from state-backed Kuwait Oil Company for next next, driving its sales order book to a record high, and causing shares to surge on Monday.
Mon 03 Jun 2024 07:54
(Sharecast News) - Citi upgraded National Grid on Monday to 'buy' from 'neutral' and lifted the price target to 985p from 920p as it cited an attractive risk/reward.
Mon 03 Jun 2024 07:47
(Sharecast News) - Profits at business and industrial parks developer Sirius Real Estate surged by nearly a third in the year ended 31 March, helping the company to increase dividends for the tenth straight year.
Mon 03 Jun 2024 07:30
(Sharecast News) - GSK shares were down almost 10% on Monday after a US court ruled that jury trials could hear expert witnesses in 70,000 cases brought by cancer sufferers claiming its Zantac heartburn drug caused their condition.
Mon 03 Jun 2024 07:28
(Sharecast News) - AstraZeneca has announced that its Tagrisso treatment for advanced lung cancer, when combined with chemotherapy, has been recommended for approval by European regulators.
Mon 03 Jun 2024 07:16
(Sharecast News) - Multi-brand franchise business Franchise Brands said on Monday that it will look to up its full-year dividend payout as it now expects to report adjusted underlying earnings at the top end of current market expectations.
Mon 03 Jun 2024 07:16
(Sharecast News) - Activity in China's manufacturing sector grew in May at the fastest rate in two years, according to data released on Monday.
Mon 03 Jun 2024 07:04
(Sharecast News) - Hollywood Bowl reported a 10.5% rise in half-year earnings and lifted its dividend by a fifth on the back of record revenues, driven by strong trading in the UK and Canada.
Fri 31 May 2024 11:32
(Sharecast News) - Europe semiconductor giant and Apple supplier STMicroelectronics on Friday announced plans to build the world first fully integrated silicon carbide (SiC) facility in Italy, requiring a total investment of €5bn.
Fri 31 May 2024 10:37
(Sharecast News) - RBC Capital Markets upgraded Centrica on Friday to 'outperform' from 'sector perform' and lifted the price target to 170p from 145p.
Fri 31 May 2024 10:34
(Sharecast News) - Jefferies trimmed its price target on National Grid on Friday as it reiterated its 'buy' rating on the energy infrastructure firm.
Fri 31 May 2024 09:43
(Sharecast News) - JPMorgan Cazenove reiterated its 'overweight' rating on Whitbread on Friday as it said it continues to be one of its key convictions, and sees the recent pullback - the shares are down 20% year-to-date - as "an opportunity to revisit the story".
Fri 31 May 2024 09:35
(Sharecast News) - UK supermarket sales pushed higher in May, industry data showed on Friday, boosted by a brief spell of warmer weather.
Fri 31 May 2024 08:53
(Sharecast News) - Shares in Flutter Entertainment nosedived on Friday as the gambling outfit said finance chief Paul Edgecliffe-Johnson would leave the company with immediate effect as it shifted its listing to the US.
Fri 31 May 2024 08:20
(Sharecast News) - Galliford Try has secured government work worth more than £100m, the construction group said on Friday, including a contract to finish an immigration detention centre.
Fri 31 May 2024 08:01
(Sharecast News) - Petrofac, the energy services group whose shares are currently suspended, has finally released its delayed annual results for 2023, which showed a net loss of more than half a billion dollars following a "challenging year".
Fri 31 May 2024 07:42
(Sharecast News) - The competition watchdog is to investigate the proposed £2.9bn acquisition of Virgin Money by Nationwide Building Society, it was confirmed on Friday.
Fri 31 May 2024 07:34
(Sharecast News) - Mike Ashley's retail conglomerate Frasers Group has raised its stake in Hugo Boss after a sharp drop in the German fashion group's share price since the start of the year.
Fri 31 May 2024 07:17
(Sharecast News) - The government has sold a £1.24bn stake in NatWest, as the HM Treasury continues to reduce its shareholding in the state-backed lender.
Fri 31 May 2024 07:14
(Sharecast News) - Harbour Energy said on Friday its blockbuster $11.2bn acquisition of Wintershall Dea's non-Russian oil and gas assets remained on track, with publication of the deal prospectus expected shortly.
Fri 31 May 2024 07:14
(Sharecast News) - Associated British Foods was in the red on Friday after UBS said that its biggest shareholder, Howard Investments Limited - a wholly-owned subsidiary of Wittington - has sold 10.3m shares in the Primark owner in a placing.
Fri 31 May 2024 07:09
(Sharecast News) - Shares in JD Sports Fashion fell sharply on Friday despite the company holding annual guidance amid a "volatile" market as it said group current-year first-quarter like-for-like sales were down 0.7% and 6.4% in the UK.
Thu 30 May 2024 15:18
(Sharecast News) - Shares in low-sodium salt maker MicroSalt tanked on Thursday after reporting higher losses and flat sales in 2023 in its maiden annual results as a listed company.
Thu 30 May 2024 13:14
(Sharecast News) - Analysts at J.P.Morgan sounded a positive note on shares of Easyjet following the recent share price weakness that had taken them back to the levels last seen during the previous month of December.
Thu 30 May 2024 12:46
(Sharecast News) - All eyes at the end of the week will be on the latest inflation data out of the States, not least given the ongoing grind higher in government bond yields.
Thu 30 May 2024 12:42
(Sharecast News) - Xtract Resources saw its stock rise by a tenth on Thursday after the brownfield-focused mining company announced the addition of three large-scale exploration licences through its joint venture in north-west Zambia.
Thu 30 May 2024 12:29
(Sharecast News) - The share price of data science and machine learning business Insig AI jumped on Thursday after the company announced a strategic partnership with an Estonian AI and blockchain company, as well an immediate shake-up of its board.
Thu 30 May 2024 11:22
(Sharecast News) - Mike Ashley's Frasers Group is reportedly closing in on a deal to take control of Ted Baker's British arm, putting the future of its head office staff firmly in the balance.
Thu 30 May 2024 10:15
(Sharecast News) - Canaccord Genuity has hiked its target price for booking platform Trainline from 428p to 455p and kept a 'buy' rating, quashing concerns around rail nationalisation speculation that has been weighing on the shares for some time.
Thu 30 May 2024 09:22
(Sharecast News) - Jefferies downgraded Anglo American to 'hold' from 'buy' on Thursday and slashed the price target to 2,700p from 3,200p after BHP abandoned its £39bn pursuit of the London-listed miner as the deal structure couldn't be resolved.
Thu 30 May 2024 09:02
(Sharecast News) - Shares in EnQuest gained on Thursday after the UK energy company reported a strong operational performance over 2024 so far and kept its full-year production and cost guidance unchanged.
Thu 30 May 2024 08:37
(Sharecast News) - Endeavour Mining said wet commissioning activities had started its Lafigué project in Côte d'Ivoire, adding that construction was 94% complete, and the first gold pour expected to take place in late-June, a quarter ahead of schedule.
Thu 30 May 2024 08:36
(Sharecast News) - Berenberg upgraded Currys on Thursday to 'buy' from 'hold' and lifted the price target to 90p from 67p as it said the electricals retailer was "a sound way to play the expected improvement in UK retail demand".
Thu 30 May 2024 08:11
(Sharecast News) - Nightcap confirmed on Thursday that it does not plan to make an offer for Revolution Bars, which said earlier this week that it had rejected a takeover proposal from the Piano Works owner.
Thu 30 May 2024 07:59
(Sharecast News) - Real estate firm LondonMetric has raised £31m from selling seven properties and acquired six more assets for £45m, the company announced on Thursday.
Thu 30 May 2024 07:49
(Sharecast News) - Renewi is to quit the UK market after it struck a deal with British waste management firm Biffa.
Thu 30 May 2024 07:47
(Sharecast News) - Cybersecurity group Darktrace has appointed non-executive director Jill Popelka as its new chief operating officer following the resignation of Nick Trim from that role earlier this year.
Thu 30 May 2024 07:43
(Sharecast News) - Industrial thread and global footwear parts maker Coats on Thursday said it had appointed former GKN Aerospace boss David Paja as its chief executive, replacing Rajiv Sharma who has decided to step down after eight years in the role.
Thu 30 May 2024 07:37
(Sharecast News) - Banknote maker De La Rue said on Thursday that it was delaying the publication of its full-year results as it is currently in talks with a number of parties who have made proposals or expressed an interest in buying either of its divisions.
Thu 30 May 2024 07:19
(Sharecast News) - TSB Bank customers were left unable to access their accounts on Thursday after the lender's mobile banking app temporarily went down.
Thu 30 May 2024 07:13
(Sharecast News) - Heat treatment and thermal processing services group Bodycote has left its full-year outlook unchanged after reporting solid underlying growth since the start of 2024 against a mixed market backdrop.
Thu 30 May 2024 07:02
(Sharecast News) - Auto Trader Group said on Thursday that the new financial year had got off to a strong start, after it posted in jump in annual sales and profits.
Thu 30 May 2024 07:01
(Sharecast News) - Shares in Dr Martens jumped as investors breathed a sigh of relief that trading at the troubled bootmaker had not gotten any worse since a profit warning last month, with guidance held and a new £25m cost-cutting plan offsetting a slump in annual revenue and operating profit as its US woes continued.
Wed 29 May 2024 17:50
(Sharecast News) - Marks and Spencer said on Wednesday that it has appointed Alison Dolan as its new chief financial officer.
Wed 29 May 2024 14:04
(Sharecast News) - Wood Group said on Wednesday that it was evaluating a fourth and final "unsolicited, preliminary and conditional" takeover proposal from Dubai-based engineering and consulting firm Sidara at 230p a share.
Wed 29 May 2024 13:38
(Sharecast News) - Ocado and St James's Place are set to be kicked out of the FTSE 100 in the latest quarterly reshuffle of components, with Darktrace and Vistry expected to join the top-tier index.
Wed 29 May 2024 12:43
(Sharecast News) - ConocoPhillips confirmed on Wednesday that it has agreed to buy Marathon Oil in an all-share deal worth $22bn.
Wed 29 May 2024 11:58
(Sharecast News) - US pharma giant Merck said on Wednesday that it has agreed to buy ophthalmology-focused biotechnology firm EyeBio for up to $3bn.
Wed 29 May 2024 11:45
(Sharecast News) - Analysts at Jefferies reiterated their 'buy' recommendation on shares of Softcat, following the latest trading update out of the IT infrastructure and services provider.
Wed 29 May 2024 11:00
(Sharecast News) - Anglo American has rejected BHP's request to extend its 'put up or shut up' offer deadline, advising shareholders to take no action in response to the latter's latest attempt to sway the mining group into a £39bn takeover deal.
Wed 29 May 2024 10:44
(Sharecast News) - Analysts at JP Morgan sounded a confident note on the outlook for precious metals miner Fresnillo ahead of the next presidential elections in Mexico.
Wed 29 May 2024 10:28
(Sharecast News) - Deutsche Bank has reiterated its 'buy' call for financial services and asset management company Legal & General following news of a potential sale of Cala Homes.
Wed 29 May 2024 10:27
(Sharecast News) - Funding Circle said on Wednesday that it was planning to axe around 120 jobs as part of its cost-cutting and streamlining efforts, as it announced the departure of chief financial officer Oliver White.
Wed 29 May 2024 10:23
(Sharecast News) - The market spotlight on Thursday will continue to be on the US, where another flurry of economic indicators and speeches from central bank officials are scheduled.
Wed 29 May 2024 09:20
(Sharecast News) - Foresight Sustainable Forestry Company is to be acquired by Averon Park in a £167m deal, it was confirmed on Wednesday, less than three years after the specialist investment firm went public.
Wed 29 May 2024 09:16
(Sharecast News) - Payment tech group PayPoint has invested £1m in Aperidata to enhance its open banking solutions to clients, the company announced on Wednesday.
Wed 29 May 2024 09:12
(Sharecast News) - IWG slumped on Wednesday after chief executive Mark Dixon sold 35m shares in the flexible workspace provider.
Wed 29 May 2024 08:28
(Sharecast News) - Pubs and hotels group Fuller, Smith & Turner has announced the sale of 37 pubs to Admiral Taverns for £18.3m as it looks to bolster its balance sheet.
Wed 29 May 2024 08:22
(Sharecast News) - Bloomsbury Publishing said on Wednesday that it has bought The Rowman & Littlefield Publishing Group's academic publishing business for $83m (£65m).
Wed 29 May 2024 08:22
(Sharecast News) - Gem Diamonds has recovered a 212 carat precious stone, the miner confirmed on Wednesday, sending its shares higher.
Wed 29 May 2024 07:39
(Sharecast News) - JLEN Environmental Assets Group reported a dip in net asset value on Wednesday, on the back of lower power prices and battery revenues.
Wed 29 May 2024 07:28
(Sharecast News) - Mining titan BHP has requested that Anglo American extend its 'put up or shut up' deadline so that the two can continue discussions around a potential £39bn takeover of the latter.
Wed 29 May 2024 07:13
(Sharecast News) - The regulator is considering reducing fines for financially stressed water companies, including crisis-hit Thames Water, it was reported on Wednesday.
Wed 29 May 2024 07:07
(Sharecast News) - First-quarter profits at Bank of Georgia were up by more than a fifth, helped by favourable macro conditions and the recent acquisition of Armenia's Ameriabank.
Wed 29 May 2024 07:02
(Sharecast News) - Royal Mail owner International Distribution Services on Wednesday said it had reached agreement with Czech billionaire Daniel Kretinsky on a takeover worth up to £5.3bn for the 500-year-old company.
Wed 29 May 2024 07:02
(Sharecast News) - Pets At Home posted a jump in annual sales on Wednesday but saw profits fall back, hit by availability issues.
Tue 28 May 2024 16:22
(Sharecast News) - Analysts at Deutsche Bank placed a 'buy' recommendation on shares of Mitchells and Butlers following the pub owner's latest set of interim results.
Tue 28 May 2024 14:33
(Sharecast News) - UK water companies were under pressure on Tuesday following a report that Ofwat was set to refuse most companies' requests to hike consumer bills, with some getting as little as half of what they have asked for.
Tue 28 May 2024 14:07
(Sharecast News) - Fast fashion retailer Boohoo has backtracked on a plan to seek investor approval to hand £1m each in bonuses to co-founders Mahmud Kamani and Carol Kane along with chief executive John Lyttle.
Tue 28 May 2024 14:06
(Sharecast News) - Calliditas Therapeutics surged on Tuesday after Japan's Asahi Kasei offered to buy the Swedish drugs firm for around 11.8bn Swedish kronor.
Tue 28 May 2024 12:52
(Sharecast News) - DraftKings and FanDuel owner Flutter Entertainment slid on Thursday after the Illinois Senate passed a bill that would make Illinois the second most expensive state for wagers to do business in.
Tue 28 May 2024 12:03
(Sharecast News) - T-Mobile said on Tuesday that it has agreed to buy nearly all of US Cellular's wireless operations in a $4.4bn deal.
Tue 28 May 2024 11:58
(Sharecast News) - Investors' focus in the middle of the week will continue to be on the scheduled remarks of top Fed officials as investors continue to wait on the week's key release, the PCE price index on Friday.
Tue 28 May 2024 11:53
(Sharecast News) - Healthcare payments software group Waystar announced on Tuesday that it is seeking to raise around $1bn in its stock-market debut this summer.
Tue 28 May 2024 11:43
(Sharecast News) - ABN Amro is to acquire German private bank Hauck Aufhauser Lampe in a €672m deal, it was confirmed on Tuesday.
Tue 28 May 2024 11:06
(Sharecast News) - Goldman Sachs downgraded Fevertree to 'sell' from 'neutral' on Tuesday and cut the price target to 1,050p from 1,075p.
Tue 28 May 2024 10:58
(Sharecast News) - F1, motorsports and supercar maker McLaren Group has appointed three new boardmembers in recent weeks, just two months after the sovereign wealth fund of Bahrain took full ownership of the manufacturer.
Tue 28 May 2024 09:42
(Sharecast News) - NatWest customers were unable to use the online banking app on Tuesday due to an IT glitch, with thousands unable to access balance and payment services.
Tue 28 May 2024 09:28
(Sharecast News) - Boohoo is reportedly facing a potential investor revolt over plans to pay out millions in executive bonuses at its June annual general meeting.
Tue 28 May 2024 08:46
(Sharecast News) - Jefferies has hiked its target price for London Stock Exchange Group (LSEG) from 1,110p to 1,150p and maintained a 'buy' rating, saying it sees "clear upside risk to consensus".
Tue 28 May 2024 08:30
(Sharecast News) - Persimmon saw its share price dip on Tuesday, after it was flagged as a potential buyer of rival housebuilder Cala.
Tue 28 May 2024 08:18
(Sharecast News) - Revolution Bars said on Tuesday that it has rejected a rescue deal by Nightcap as it is "incapable of being delivered" and that it will press ahead with a £12.5m fundraising.
Tue 28 May 2024 07:59
(Sharecast News) - Precious and base metals group Adriatic Metals has announced plans to raise $50m through a share placing as it "optimises" its balance sheet amid a ramp-up of its Vares project in Bosnia and Herzegovina.
Tue 28 May 2024 07:38
(Sharecast News) - Water, climate and ventilation solutions group Genuit has said its full-year outlook remains unchanged despite "market softness" since the start of 2024 as it continues to make improvements to underlying margins.
Tue 28 May 2024 07:31
(Sharecast News) - Softcat said on Tuesday that full-year results were set to be in line with expectations.
Tue 28 May 2024 07:15
(Sharecast News) - Investment firm Intermediate Capital Group (ICG) more than doubled profits in the year ended 31 March as it reported a huge increase in performance fee income, while assets under management rose by nearly a quarter.
Tue 28 May 2024 07:12
(Sharecast News) - North Sea oil and gas explorer Ithaca Energy on Tuesday said it had appointed ENI executive Luciano Vasques as chief executive officer following its £750m deal to buy almost all of the Italian firm's UK assets and reported a fall in first-quarter profits on weaker gas prices and lower production.
Tue 28 May 2024 07:08
(Sharecast News) - Victorian Plumbing reported a dip in first-half revenues on Tuesday, on the back of a "subdued" trading environment.
Tue 28 May 2024 07:02
(Sharecast News) - AstraZeneca's experimental lung cancer drug showed improved overall survival rates in phase III trials, the pharmaceutical giant said on Tuesday.
Tue 28 May 2024 07:02
(Sharecast News) - Bunzl's £339m takeover of UK-based catering equipment provider Nisbets has been cleared by Ireland's competition regulator, the company said on Tuesday.
Fri 24 May 2024 15:04
(Sharecast News) - Gama Aviation confirmed on Friday that it is in talks about the possible acquisition of Tyrolean Jet Services (TJS), an Austrian provider of aircraft management and charter services.
Fri 24 May 2024 13:14
(Sharecast News) - Frontier IP announced on Friday that its portfolio company Alusid has launched its first range of floor tiles through Parkside Architectural Tiles, the commercial division of Topps Tiles.
Fri 24 May 2024 13:09
(Sharecast News) - Energy service engineering and technology company Enteq announced the appointment of Amir Absoud as its head of finance on Friday, to immediately succeed the current chief financial officer, Mark Ritchie.
Fri 24 May 2024 13:02
(Sharecast News) - EnSilica announced a retail offer through the Winterflood Retail Access Platform (WRAP) on Friday, to raise up to £0.3m.
Fri 24 May 2024 12:48
(Sharecast News) - Audience intelligence software specialist Pulsar Group said in its final results on Friday that its annualised recurring revenue (ARR) increased £2.7m, a significant improvement from the flat performance in the prior financial year.
Fri 24 May 2024 12:36
(Sharecast News) - Tribal Group announced a settlement agreement with Nanyang Technological University (NTU) on Friday, following mediation over their terminated contract.
Fri 24 May 2024 12:28
(Sharecast News) - Sunrise Resources updated the market on its royalty interest in the Crow Springs Diatomite Project in Nevada on Friday.
Fri 24 May 2024 12:24
(Sharecast News) - Point-of-care pharmacogenetic testing company Genedrive announced on Friday that it has received initial orders for its Genedrive MT-RNR1 products from five additional UK hospitals in the Greater Manchester area.
Fri 24 May 2024 12:19
(Sharecast News) - Trident Royalties announced a significant milestone at Equinox Gold's Greenstone Gold Mine in Ontario, Canada on Friday, with the inaugural gold pour at the mine producing 1,800 ounces of gold.
Fri 24 May 2024 12:10
(Sharecast News) - Viavi Solutions confirmed on Friday that its proposed acquisition of Spirent Communications had lapsed.
Fri 24 May 2024 11:39
(Sharecast News) - Pantheon International announced an unaudited net asset value per share of 489.7p as of 30 April on Friday, reflecting a 0.3% increase from the prior month.
Fri 24 May 2024 10:26
(Sharecast News) - Analysts at Berenberg raised their target price on telco giant BT Group from 135.0p to 155.0p on Friday, stating the group was now past the free cashflow trough.
Fri 24 May 2024 10:25
(Sharecast News) - Shares in Spain's Acciona fell sharply on Friday, after the energy and construction conglomerate's first-quarter update disappointed.
Fri 24 May 2024 10:09
(Sharecast News) - Property services group Kinovo said on Friday that it had delivered a "strong performance", with full-year results now anticipated to be ahead of prior expectations.
Fri 24 May 2024 08:57
(Sharecast News) - Citi upgraded its stance on Mondi on Friday to 'buy' as it said that after a difficult couple of years, the market headwinds of destocking and lower pricing are reversing across the packaging company's product segments (board, flexibles, paper).
Fri 24 May 2024 08:46
(Sharecast News) - Co-operative Bank Holdings is being taken over by Coventry Building Society in a £780m deal, it was confirmed on Friday, the latest consolidation in the UK banking sector.
Fri 24 May 2024 07:34
(Sharecast News) - Intertek backed its full-year expectations on Thursday as it hailed a strong start to the year, with 7% growth in like-for-like revenue, driven by a recovery in the consumer products segment.
Fri 24 May 2024 07:30
(Sharecast News) - A court in Illinois has ruled in favour of GSK in the first Zantac case to go to trial, the UK drugs giant confirmed on Friday.
Fri 24 May 2024 07:23
(Sharecast News) - Abrdn announced a leadership transition on Friday, with group chief executive officer Stephen Bird stepping down.
Fri 24 May 2024 07:05
(Sharecast News) - AJ Bell said on Friday that founder Andy Bell sold 7.5m shares in the investment platform in a placing at 375p each, raising around £28.1m.
Fri 24 May 2024 07:05
(Sharecast News) - Ukraine-focussed mining company Ferrexpo has signed a memorandum of understanding with Salzgitter Flachstahl for the supply of high-quality direct reduction iron ore pellets for low-carbon steel production.
Fri 24 May 2024 07:02
(Sharecast News) - Wood Group said it had rejected a third unsolicited £1.52bn takeover proposal from rival Dubai-based engineering and consulting company Sidara, saying it continued to "significantly undervalue" the group and its prospects.
Thu 23 May 2024 16:55
(Sharecast News) - AJ Bell said late on Thursday that founder Any Bell plans to sell around 7.5m ordinary shares in the investment platform in a placing.
Thu 23 May 2024 16:52
(Sharecast News) - Activist hedge fund Palliser Capital urged Rio Tinto to shift its primary stock market listing from London to Sydney, it emerged on Thursday, to potentially increase its share price by nearly 40%.
Thu 23 May 2024 16:21
(Sharecast News) - Technology company Cohort said in a trading update on Thursday that its full-year performance was slightly ahead of expectations, with growth in both revenue and profits year-on-year.
Thu 23 May 2024 14:24
(Sharecast News) - The owners of Moto, one of Britain's biggest operators of motorway service stations, are reportedly preparing to put the company up for sale for more than £2bn.
Thu 23 May 2024 14:15
(Sharecast News) - Investors' focus at the end of the week will be on UK retail sales figures for April.
Thu 23 May 2024 14:13
(Sharecast News) - Royal Mail owner International Distribution Services said on Thursday that it has had to delay the publication of its full-year results - which were originally due on Thursday morning - after auditor KPMG requested additional time to complete procedures.
Thu 23 May 2024 13:56
(Sharecast News) - Oreo cookie and Cadbury Dairy Milk parent Mondelez has been fined €337.5m by the European Commission for hindering trade between European Union countries in order to keep prices high.
Thu 23 May 2024 13:05
(Sharecast News) - NatWest was trading lower on Thursday following reports that plans for a sale of shares in the bank to the general public have been put on hold after Prime Minister Rishi Sunak called a general election for 4 July.
Thu 23 May 2024 12:53
(Sharecast News) - HSBC has been fined nearly £6.3m by the Financial Conduct Authority over its treatment of customers in financial difficulty.
Thu 23 May 2024 12:52
(Sharecast News) - Analysts at Berenberg raised their target price on Integrafin shares from 360.0p to 390.0p on Thursday following the group's interim results a day earlier.
Thu 23 May 2024 12:09
(Sharecast News) - Avacta Group announced the successful completion of the first cohort and the start of dosing for three patients in the second cohort of the second arm in its phase one trial of AVA6000, a peptide drug conjugate form of doxorubicin chemotherapy, on Thursday.
Thu 23 May 2024 11:53
(Sharecast News) - Infrastructure products specialist Hill & Smith reported a positive start to the year in an update on Thursday, slightly exceeding expectations.
Thu 23 May 2024 11:38
(Sharecast News) - Morgan Stanley executive chairman James Gorman announced on Thursday that he would step down from his role at the end of the year, in remarks at the bank's annual shareholder meeting.
Thu 23 May 2024 11:21
(Sharecast News) - Essential components provider Essentra said on Thursday that it was on track to deliver full-year adjusted operating profits in line with internal expectations.
Thu 23 May 2024 10:49
(Sharecast News) - JPMorgan Cazenove double-upgraded Unilever on Thursday to 'overweight' from 'underweight' and hiked the price target to 5,100p from 3,600p after several years of caution on the equity story.
Thu 23 May 2024 10:47
(Sharecast News) - Shaftesbury Capital reported strong leasing activity and a robust financial profile in an update on Thursday.
Thu 23 May 2024 10:39
(Sharecast News) - Rough diamond sales at De Beers fell in recent weeks, Anglo American said on Thursday, on the back of subdued demand.
Thu 23 May 2024 10:38
(Sharecast News) - Investec reported a 5% rise in revenue in its final results on Thursday, to £2.09bn, driven by a strong performance from its corporate client franchises and the Investec Wealth & Investment division in South Africa.
Thu 23 May 2024 10:36
(Sharecast News) - Investment group Petershill Partners reiterated its full-year guidance on Thursday as it revealed assets under management had increased in the three months ended 31 March.
Thu 23 May 2024 10:27
(Sharecast News) - Energean reported a strong first-quarter in an update on Thursday, with significant growth in both operational and financial metrics.
Thu 23 May 2024 10:20
(Sharecast News) - Bytes Technology Group reported a strong set of preliminary results on Thursday, as gross invoiced income (GII) surged 26.7% to £1.82bn, driven by major contract wins in the public sector, notably with the NHS and HMRC, and sustained demand from corporate clients.
Thu 23 May 2024 10:07
(Sharecast News) - Tate & Lyle reported a robust full-year financial performance driven by strong profit and cash metrics on Wednesday, as it also announced the sale of its stake in American firm Primient.
Thu 23 May 2024 10:02
(Sharecast News) - Defence technology firm Qinetiq surged on Thursday after lifting its full-year guidance as it reported a jump in underlying profit and revenue.
Thu 23 May 2024 09:55
(Sharecast News) - The competition watchdog is to launch a full investigation into the UK's £5bn veterinary market, it was confirmed on Thursday, after an initial review prompted 56,000 responses.
Thu 23 May 2024 09:40
(Sharecast News) - Capital & Regional surged on Thursday after confirming it had received a non-binding indicative proposal from Vukile about a possible cash and share offer and a separate expression of interest from NewRiver REIT.
Thu 23 May 2024 09:26
(Sharecast News) - British Land highlighted strong rental growth and stable values in the second half of the year in its final results on Thursday.
Thu 23 May 2024 09:21
(Sharecast News) - Property developer Great Portland Estates has acquired a West End Flex conversion opportunity at The Courtyard, WC1 from the City of London Corporation.
Thu 23 May 2024 09:10
(Sharecast News) - Investment trust Scottish Mortgage said on Thursday that its net asset value had grown in the twelve months ended 31 March, as its investment in chipmaker Nvidia helped boost earnings despite trading in what it called a "challenging" year.
Thu 23 May 2024 09:09
(Sharecast News) - Food group Bakkavor lifted its full-year profit guidance on Thursday as it hailed a "strong" first-quarter performance.
Thu 23 May 2024 08:57
(Sharecast News) - Nationwide Building Society posted a dip in annual profits on Thursday, a day after Virgin Money shareholders voted in favour of the lender's £2.9bn takeover.
Thu 23 May 2024 08:25
(Sharecast News) - National Grid shares were sliding on the release of its full-year results on Thursday morning, as it announced an equity raise of £7bn through a rights issue to support its future investments.
Thu 23 May 2024 08:18
(Sharecast News) - Investment platform AJ Bell hiked its dividend on Thursday as it hailed a "very strong" interim performance, posting a jump in profits and revenue as platform customers reached a milestone.
Thu 23 May 2024 08:08
(Sharecast News) - The economic recovery in the eurozone gathered pace in May, according to preliminary figures released on Thursday.
Thu 23 May 2024 08:05
(Sharecast News) - Aerospace and defence business Rolls-Royce said on Thursday that it had made "a strong start to the year", building on its "record" performance in 2023 despite continued industry-wide supply chain challenges.
Thu 23 May 2024 07:55
(Sharecast News) - Johnson Matthey posted a fall in full-year underlying profit on Thursday as it was hit by lower metals prices.
Thu 23 May 2024 07:44
(Sharecast News) - Budget airline Wizz Air said on Thursday that it returned to profit in the year to the end of March amid "sustained" demand.
Thu 23 May 2024 07:22
(Sharecast News) - Aviva has reported strong results for its first quarter on Thursday, with robust growth across its divisions as it maintained a solid capital position.
Thu 23 May 2024 07:18
(Sharecast News) - Hargreaves Lansdown confirmed on Thursday that it had rejected a 985p per share takeover offer from a consortium comprising of CVC, Nordic Capital and Platinum Ivy, which is a wholly-owned subsidiary of Abu Dhabi Investment Authority.
Thu 23 May 2024 07:18
(Sharecast News) - Bloomsbury Publishing reported exceptional financial results in its preliminary results on Thursday, reaching record high revenue and profit levels, as it also announced its chairman succession plans.
Wed 22 May 2024 16:17
(Sharecast News) - Investors focus on Thursday will be on a raft of purchasing managers' survey results for manufacturing and services sector activity in the euro area, UK and US.
Wed 22 May 2024 15:36
(Sharecast News) - Anglo American said on Wednesday that it has rejected a third and final takeover proposal from Australia's BHP which values the miner at £38.6bn.
Wed 22 May 2024 14:55
(Sharecast News) - Anglo American said on Wednesday that it has rejected a third and final takeover proposal from Australia's BHP which values the miner at £38.6bn.
Wed 22 May 2024 14:49
(Sharecast News) - Anglo American said on Wednesday that it has rejected a third and final takeover proposal from Australia's BHP which values the miner at £38.6bn.
Wed 22 May 2024 14:30
(Sharecast News) - Alpha Financial Markets tumbled on Wednesday as it said private equity firm Cinven is not planning to make an offer for the financial services company.
Wed 22 May 2024 13:33
(Sharecast News) - Biogen said on Wednesday that it has agreed to buy Human Immunology Biosciences (HI-Bio) for up to $1.8bn.
Wed 22 May 2024 13:06
(Sharecast News) - Information management software and geospatial data specialist Idox said in an update on Wednesday that it achieved revenue of around £43m in the first six months of the financial year, marking a year-on-year increase of over 20%.
Wed 22 May 2024 13:01
(Sharecast News) - Coventry Building Society is in the final stages of negotiating a £780m takeover of the Co-operative Bank, it emerged on Wednesday, aiming to complete the deal within days to avoid complications under the UK Takeover Code.
Wed 22 May 2024 12:46
(Sharecast News) - Broadcaster ITV said on Wednesday that it has made an investment in online estate agent Strike, which trades as Purplebricks.
Wed 22 May 2024 12:24
(Sharecast News) - Berenberg re-initiated coverage of Weir Group on Wednesday with a 'buy' rating and 2,600p price target as it argued the engineering firm is a "structural winner".
Wed 22 May 2024 12:19
(Sharecast News) - A leading shareholder in Anglo American said on Wednesday that BHP Group's blockbuster £34bn takeover offer required "meaningful revision".
Wed 22 May 2024 11:50
(Sharecast News) - US investment fund Oaktree Capital revealed it has become the new owner of Italian football champions Inter Milan after the club's holding company defaulted on a €395.0m payment.
Wed 22 May 2024 11:22
(Sharecast News) - Fire safety business Zenova said on Wednesday that it has been appointed as an official supplier to the NHS for its FX range of extinguishers, with an initial order already being shipped.
Wed 22 May 2024 11:15
(Sharecast News) - China could raise import tariffs on large combustion engine cars, it was reported on Wednesday, weighing on the share price of European auto makers.
Wed 22 May 2024 11:13
(Sharecast News) - Turnkey services provider Sondrel revealed on Wednesday that John Chubb had been nominated as chief executive officer-designate, succeeding interim CEO David Mitchard.
Wed 22 May 2024 10:55
(Sharecast News) - Clinical infrastructure specialist Feedback said on Wednesday that full-year revenues were seen higher and that underlying losses had narrowed but warned that certain NHS procurement processes had been "more protracted".
Wed 22 May 2024 10:51
(Sharecast News) - Jefferies has trimmed both its rating and price target on Assura, the specialist UK property developer and investor.
Wed 22 May 2024 10:23
(Sharecast News) - Asthma-focussed medical device company Niox said in an update on Wednesday that it continued to perform strongly in the year to date, meeting management expectations.
Wed 22 May 2024 10:18
(Sharecast News) - Student accommodation provider Empiric Student Property reiterated its confidence in its full-year outlook on Wednesday, stating the business was now "poised for growth".
Wed 22 May 2024 09:04
(Sharecast News) - Industrial thread and footwear component manufacturer Coats Group reported a return to revenue growth for the period from 1 January to 30 April on Wednesday.
Wed 22 May 2024 08:51
(Sharecast News) - Close Brothers Group reported a steady performance across its divisions in the third quarter on Wednesday, but warned of higher costs for the rest of the financial year.
Wed 22 May 2024 08:44
(Sharecast News) - Playtech reported a solid start to the year across its divisions in an update on Wednesday, despite some challenges around sports results.
Wed 22 May 2024 08:36
(Sharecast News) - Promotional products specialist 4imprint Group reported a strong operational and financial performance for the early part of 2024 on Wednesday, while also announcing the retirement of its chief financial officer.
Wed 22 May 2024 08:26
(Sharecast News) - HICL Infrastructure reported a challenging but resilient performance in a difficult macroeconomic environment in its annual results on Wednesday, as income fell to £105.4m from £254.2m year-on-year.
Wed 22 May 2024 08:12
(Sharecast News) - Investment platform operator IntegraFin reported a strong financial and operational first half on Wednesday, with a record high level of funds under direction (FUD) on its Transact platform of £61bn on 31 March.
Wed 22 May 2024 08:09
(Sharecast News) - Computer maker Raspberry Pi confirmed on Wednesday that it plans to float on the London Stock Exchange, likely in June.
Wed 22 May 2024 08:03
(Sharecast News) - British Land reported robust second-half rental growth and stable property values in its final results on Wednesday, as its underlying profit rose 2% to £268m, while underlying earnings per share increased 1% to 28.5p.
Wed 22 May 2024 07:57
(Sharecast News) - Pub group Mitchells & Butlers said on Wednesday that its full-year results were set to be at the top end of consensus expectations as it reported a rise in first-half profit.
Wed 22 May 2024 07:35
(Sharecast News) - Water group Severn Trent said it delivered an "industry-leading performance" with strong profit and revenue growth in the year where it invested more than ever before, helping the company to lift its final dividend by 9%.
Wed 22 May 2024 07:21
(Sharecast News) - SSE reported a "strong performance" in its preliminary results for the year on Wednesday, with earnings per share coming in at the top end of guidance despite profits slipping.
Wed 22 May 2024 07:18
(Sharecast News) - Ofcom announced on Wednesday that it has fined BT Group £2.8m, for failing to provide more than one million customers with clear and essential contract information before signing up for services with its subsidiaries EE and Plusnet.
Wed 22 May 2024 07:15
(Sharecast News) - RS Group saw annual profits drop by a quarter, which the industrial and electrical products provider blamed on weakness in global industrial production and the unwinding of unusual post-pandemic trading tailwinds.
Tue 21 May 2024 16:55
(Sharecast News) - Superdry is reportedly preparing to run an emergency four-week sale process if creditors block its founder's plans to inject up to £10m of his own money into the fashion chain in a bid to stave off insolvency.
Tue 21 May 2024 15:35
(Sharecast News) - Activist investor Kelso has said it will vote against the reappointment of e-commerce retailer THG chairman Charles Allen in protest to what it considers to be a lack of progress in reviving the company's stock.
Tue 21 May 2024 15:14
(Sharecast News) - Analysts at Berenberg hiked their target price on software firm Kainos from 1,260.0p to 1,415.0p on Tuesday, citing "resilient profits" and a "positive outlook".
Tue 21 May 2024 14:58
(Sharecast News) - The market spotlight in the middle of the week will be squarely on consumer and producer price figures due out in the UK.
Tue 21 May 2024 14:54
(Sharecast News) - Professional services consultancy Begbies Traynor reported a robust financial performance for the year just ended on Tuesday, marking its ninth consecutive year of profit growth.
Tue 21 May 2024 14:48
(Sharecast News) - Building products manufacturer Epwin Group said in an update on Tuesday that it was confident in delivering underlying operating profit for the year, in line with the recently-increased market consensus.
Tue 21 May 2024 14:30
(Sharecast News) - Barclays upgraded Wise on Tuesday to 'overweight' from 'equalweight' and lifted the price target to 1,000p from 800p.
Tue 21 May 2024 14:30
(Sharecast News) - Barclays upgraded Wise on Tuesday to 'overweight' from 'equalweight' and lifted the price target to 1,000p from 800p.
Tue 21 May 2024 13:47
(Sharecast News) - Topps Tiles said on Tuesday that it swung to an interim pre-tax loss as revenue fell in challenging trading conditions.
Tue 21 May 2024 12:47
(Sharecast News) - Gambling marketing and service provider B90 Holdings announced on Tuesday that its key affiliate, Oddsen.nu, has signed fixed listing fee marketing agreements expected to generate €0.2m in revenue for the group in 2024.
Tue 21 May 2024 11:52
(Sharecast News) - Cazoo, the online car retailer once valued at over £5bn, looked set to enter administration on Tuesday, according to Sky News.
Tue 21 May 2024 11:49
(Sharecast News) - Art and craft supplies retailer TheWorks said on Tuesday that revenues had modestly improved in the 53 weeks ended 5 May despite experiencing a slight decline in like-for-like sales.
Tue 21 May 2024 11:38
(Sharecast News) - Shoe Zone cut its full-year pre-tax profit forecast on Tuesday due to higher wage bills and supply chain disruptions, as it reported flat interim profits.
Tue 21 May 2024 11:23
(Sharecast News) - Online wine retailer Naked Wines said on Tuesday that full-year earnings would likely be at the higher end of previous guidance as it continues to make efforts to become "leaner and stronger".
Tue 21 May 2024 10:37
(Sharecast News) - Gambling giant Entain announced the end of a strategic review by its capital allocation committee (CapCo) on Tuesday, which assessed its portfolio to optimise shareholder value and leverage operational progress, confirming that it would now look to offload its Georgian brand Crystalbet.
Tue 21 May 2024 10:31
(Sharecast News) - Scientific instrument specialist Judges Scientific reported a subdued start to the year in an update on Tuesday, but said it was optimistic that it would still meet full-year consensus expectations.
Tue 21 May 2024 10:12
(Sharecast News) - Embattled water utility Pennon Group reported strong financial and operational results for the 2024 financial year on Tuesday, but worked to reassure shareholders and customers amid a contamination crisis in its supply area.
Tue 21 May 2024 09:40
(Sharecast News) - Fresnillo reported increased silver production and gold output in line with guidance in an update on Tuesday, despite the nearing end of the Noche Buena mine, although its gross profit took a hit in 2023.
Tue 21 May 2024 09:36
(Sharecast News) - Greencore Group's share price surged on Tuesday morning after the convenience food manufacturer reported a huge jump in first-half profits and launched a share buyback programme as it guided to full-year earnings ahead of market forecasts.
Tue 21 May 2024 09:35
(Sharecast News) - Upper Crust and Ritazza owner SSP was under the cosh on Tuesday as it reinstated its interim dividend but posted a drop in first-half profits.
Tue 21 May 2024 09:20
(Sharecast News) - Food producer Cranswick posted a jump in full-year profit and revenue on Tuesday as its investment programme bears fruit.
Tue 21 May 2024 09:07
(Sharecast News) - House-building company Vistry Group has been selected by Sovereign Network to construct and deliver a 100% partner-funded scheme at Merrick Place in Ealing worth £157.0m.
Tue 21 May 2024 08:50
(Sharecast News) - Engineering group Dowlais warned on Tuesday that full-year revenues were likely to be "slightly below" FY23 as a result of "increased volatility".
Tue 21 May 2024 08:40
(Sharecast News) - Specialist healthcare property investor and developer Assura reported a rise in full-year net rental income on Tuesday, along with a strategic £250m joint venture with the Universities Superannuation Scheme (USS).
Tue 21 May 2024 08:30
(Sharecast News) - Advanced Energy said on Tuesday that it has made three possible all-cash offers for XP Power, the last of which valued the group at £468m.
Tue 21 May 2024 08:02
(Sharecast News) - Professional services company Capita said on Tuesday that adjusted revenues had fallen in the four months ended 31 April as a result of local public service losses and reduced contract activity in defence and education.
Tue 21 May 2024 07:45
(Sharecast News) - Smiths Group reported an acceleration in sales growth in the third quarter despite tough comparators with last year, as the engineering firm reaffirmed its growth expectations for the full year.
Tue 21 May 2024 07:34
(Sharecast News) - AstraZeneca has unveiled medium-term growth targets to nearly double group revenues by the end of the decade as it predicts significant growth from existing oncology, biopharmaceuticals and rare disease portfolios.
Tue 21 May 2024 07:21
(Sharecast News) - GSK announced promising results from phase three clinical trials evaluating the efficacy and safety of depemokimab in treating severe asthma with type 2 inflammation on Tuesday.
Tue 21 May 2024 07:19
(Sharecast News) - The Payment Systems Regulator (PSR) said in an interim report on Tuesday that Mastercard and Visa, the UK's two dominant payment card schemes, did not face effective competition in the supply of scheme and processing services to acquirers.
Tue 21 May 2024 07:14
(Sharecast News) - Home improvement retailer Kingfisher has said that first-quarter like-for-like sales were down on last year on the back of weakness in France, with the decline picking up pace early into the second quarter.
Mon 20 May 2024 16:56
(Sharecast News) - Big Yellow Group reported robust revenue growth and increased profitability in its full-year results, released after markets closed on Monday.
Mon 20 May 2024 14:44
(Sharecast News) - Hydrogen power generation technology developer AFC Energy announced an agreement to supply its S Series fuel cell modules to Niftylift UK on Monday.
Mon 20 May 2024 14:26
(Sharecast News) - Investors' attention on Tuesday will be on a raft of speeches from top US central bank officials.
Mon 20 May 2024 13:07
(Sharecast News) - Financial adviser WH Ireland confirmed on Monday that it is talks with UK investment bank Zeus Capital about the potential sale of its capital markets division.
Mon 20 May 2024 12:20
(Sharecast News) - Kefi Gold and Copper officially launched the Tulu Kapi Gold Mines (TKGM) project in Ethiopia on Monday.
Mon 20 May 2024 11:55
(Sharecast News) - Singapore-based fast fashion retailer Shein has reportedly approached the former chancellor Sajid Javid about joining the company ahead of its rumoured listing on the London Stock Exchange.
Mon 20 May 2024 11:41
(Sharecast News) - North America-focussed lithium developer Bradda Head announced on Monday that it has reached a settlement agreement over the fraudulent payment initially reported on 29 March 2022.
Mon 20 May 2024 11:31
(Sharecast News) - Scientific digital imaging, sensing and control technology company SDI Group said in a trading update on Monday that, pending its final accounts and audit, it expected to report revenue of £65.9m for the year, in line with current market expectations, but slightly down from £67.6m in 2023.
Mon 20 May 2024 11:21
(Sharecast News) - Haydale Graphene lowered its forecast for full-year revenue to £4.7m in a trading update on Monday, down from current market expectations of £5.8m, but still an increase from the prior year's revenue of £4.3m.
Mon 20 May 2024 10:56
(Sharecast News) - Bigblu Broadband's share price dropped sharply on Monday after the rural broadband provider reported a drop in annual revenues and announced the immediate exit of its founder and chief executive officer as it offloaded its Norwegian operations.
Mon 20 May 2024 10:27
(Sharecast News) - Maritime artificial intelligence (AI) company Windward reported strong trading and strategic progress for the 2024 financial year in an update on Monday.
Mon 20 May 2024 10:21
(Sharecast News) - Advertising technology company Nexxen International reported record programmatic revenue and significant growth in adjusted EBITDA in its first-quarter results on Monday.
Mon 20 May 2024 10:20
(Sharecast News) - Jefferies has lifted its target price for Imperial Brands following a strong set of first-half results from the cigarette, tobacco and vape group last week, but has maintained a 'hold' rating, saying that pressures are building for the company.
Mon 20 May 2024 10:17
(Sharecast News) - Shore Capital downgraded NatWest on Monday to 'hold' from 'buy' as it said the shares were "entering fair value territory".
Mon 20 May 2024 10:13
(Sharecast News) - Clinical-stage biotherapeutics company PureTech Health launched a proposed $100m tender offer on Monday, aiming to repurchase shares at a fixed price of 250p each, or £25.00 per American depositary share (ADS).
Mon 20 May 2024 10:08
(Sharecast News) - Helical announced on Monday that it has sold a 50% stake in the redevelopment of 100 New Bridge Street, London EC4, to a vehicle led by Orion Capital Managers, for £55m on a preferred equity basis.
Mon 20 May 2024 10:01
(Sharecast News) - Land and property regeneration specialist Harworth Group said in an update on Monday that it was on track to achieve an EPRA net development value (NDV) of £1bn by the end of 2027.
Mon 20 May 2024 09:55
(Sharecast News) - Analysts at Berenberg slashed their target price on independent energy company Kistos from 455.0p to 305.0p on Monday following the group's full-year results and updated guidance.
Mon 20 May 2024 09:40
(Sharecast News) - Bathroom retailer Victorian Plumbing has acquired Doncaster-based rival AHK Designs for a purchase price of £22.5m, on a cash-free, debt-free basis.
Mon 20 May 2024 09:29
(Sharecast News) - Independent upstream oil and gas company Serica Energy announced the final approval from the North Sea Transition Authority (NSTA) to develop its wholly-owned Belinda field on Monday.
Mon 20 May 2024 09:12
(Sharecast News) - Deutsche Bank initiated coverage of Trainline on Monday with a 'buy' rating and 470p price target.
Mon 20 May 2024 08:49
(Sharecast News) - Citi has cut its rating for Rio Tinto from 'buy' to 'neutral', saying that macro headwinds are rising for the mining group following a period of share-price outperformance.
Mon 20 May 2024 07:49
(Sharecast News) - Shares in Kainos jumped by a tenth on Monday after the Northern Ireland-based software group reported an increase in annual profits and hiked its dividend for the year to 31 March, as it announced the departure of its chair Tom Burnet.
Mon 20 May 2024 07:36
(Sharecast News) - Budget airline Ryanair on Monday reported higher annual profits but warned that summer airfares would be softer than anticipated.
Mon 20 May 2024 07:34
(Sharecast News) - Real estate investment trust British Land has its 50% stake in Sheffield retail destination Meadowhall for £360m, offloading an asset it has held for 25 years.
Mon 20 May 2024 07:22
(Sharecast News) - AstraZeneca announced plans to construct a $1.5bn manufacturing facility in Singapore on Monday, dedicated to the production of antibody drug conjugates (ADCs).
Mon 20 May 2024 07:19
(Sharecast News) - Keywords Studios said on Monday that it was "minded to accept" a £2.2bn takeover proposal from Swedish private equity firm EQT Partners if it makes a firm offer.
Mon 20 May 2024 07:03
(Sharecast News) - Hilton Food said trading in the year to date had been in line with expectations, with volumes and sales ahead of last year despite a challenging economic environment and lower raw materials prices in some of its markets.
Fri 17 May 2024 16:18
(Sharecast News) - Analysts at Berenberg raised their target price on liquidators FRP Advisory from 175.0p to 200.0p on Friday, stating the group's FY24 update delivered "sizeable upgrades".
Fri 17 May 2024 15:54
(Sharecast News) - Hummingbird Resources announced the remobilization of Corica Mining Services at the Kouroussa Gold Mine in Guinea on Friday, after a work stoppage on March 17.
Fri 17 May 2024 15:47
(Sharecast News) - Oracle Power announced on Friday that drilling is set to start next week at the Northern Zone Gold Project, 25 kilometres east of Kalgoorlie in Western Australia.
Fri 17 May 2024 15:41
(Sharecast News) - Fulcrum Metals announced an extension to the completion date for the proposed sale of its Saskatchewan uranium projects to Terra Balcanica Resources on Friday.
Fri 17 May 2024 15:38
(Sharecast News) - PipeHawk announced on Friday that an unnamed building materials company had awarded its subsidiary QM Systems a significant contract.
Fri 17 May 2024 15:35
(Sharecast News) - First Property Group said in an update on Friday that its underlying trading profits for the year ended 31 March were expected to align with market forecasts.
Fri 17 May 2024 14:15
(Sharecast News) - Network processing semiconductor technology specialist Ethernity Networks announced a structured investment agreement with New Technology Capital Group (New Tech) on Friday.
Fri 17 May 2024 14:08
(Sharecast News) - The Competition and Markets Authority (CMA) announced on Friday that the partnership between Microsoft and Mistral AI did not qualify for a full investigation under the merger provisions of the Enterprise Act.
Fri 17 May 2024 13:43
(Sharecast News) - Petra Diamonds announced the results of its sixth tender for the 2024 financial year on Friday, revealing a mixed performance in its rough diamond sales.
Fri 17 May 2024 11:59
(Sharecast News) - Chrysalis Investments addressed recent media coverage concerning its portfolio company, Wefox on Friday, after Sky News reported that the European insurer had warned of an insolvency risk.
Fri 17 May 2024 10:58
(Sharecast News) - The Body Shop administrators will put the chain up for auction after concluding that an alternative restructuring of the high-street retailer would not be viable.
Fri 17 May 2024 10:56
(Sharecast News) - Morgan Stanley downgraded Auto Trader on Friday 'underweight' from 'equalweight' and cut the price target to 600p from 625p.
Fri 17 May 2024 10:16
(Sharecast News) - Luxury goods business Richemont re-established the role of chief executive officer on Friday as the Swiss group continues to navigate a market downturn.
Fri 17 May 2024 09:58
(Sharecast News) - Business advisory firm FRP Advisory said on Friday that both full-year revenue and profits were set to come in ahead of expectations, leaving the group confident for the year ahead.
Fri 17 May 2024 09:04
(Sharecast News) - Eurozone inflation was unchanged in April, as expected, according to figures released by Eurostat on Friday.
Fri 17 May 2024 08:32
(Sharecast News) - Renold said on Friday that it has renewed its partnership with British Cycling for a further three years.
Fri 17 May 2024 08:10
(Sharecast News) - J Sainsbury announced a five-year partnership with Microsoft on Friday, aimed at enhancing customer and colleague experiences through artificial intelligence (AI).
Fri 17 May 2024 07:29
(Sharecast News) - GSK said on Friday that it has sold its remaining 4.2% stake in consumer health business Haleon, which it spun off in July 2022.
Fri 17 May 2024 07:22
(Sharecast News) - Unilever announced the start of its €1.5bn share buyback programme on Friday, kicking off the first tranche of up to €850m worth of shares.
Fri 17 May 2024 07:22
(Sharecast News) - Commercial properties business Land Securities said on Friday that losses had nearly halved in the twelve months ended 31 March amid continued operational strength, as values for best assets began to stabilise.
Fri 17 May 2024 07:07
(Sharecast News) - Business park owner Sirius Real Estate said it had raised €59.9m through a bond note issue to fund a "significant pipeline" of potential acquisitions.
Thu 16 May 2024 17:02
(Sharecast News) - GSK said on Thursday that it plans to sell its entire remaining 4.2% stake in Haleon.
Thu 16 May 2024 16:49
(Sharecast News) - Specialist brickmaker Michelmersh reported continued positive order intake momentum in an update on Thursday, aligning with market expectations.
Thu 16 May 2024 16:46
(Sharecast News) - Solid-state battery technology developer Ilika reported full-year growth in a trading update on Thursday, alongside significant advancements in its 'Stereax' manufacturing and 'Goliath' product development.
Thu 16 May 2024 16:41
(Sharecast News) - M&C Saatchi continued positive momentum from the second half of 2023 in a trading update on Thursday, with overall performance in line with expectations.
Thu 16 May 2024 16:37
(Sharecast News) - Quantum Blockchain Technologies announced a significant development in its ongoing legal case involving its wholly-owned subsidiary Clear Leisure 2017, and Sipiem in Liquidazione, on Thursday.
Thu 16 May 2024 16:37
(Sharecast News) - Quantum Blockchain Technologies announced a significant development in its ongoing legal case involving its wholly-owned subsidiary Clear Leisure 2017, and Sipiem in Liquidazione, on Thursday.
Thu 16 May 2024 15:31
(Sharecast News) - American insurance giant AIG on Thursday announced the sale of a 20% stake in retirement and insurance firm Corebridge Financial to Japanese peer Nippon Life for $3.8bn.
Thu 16 May 2024 15:15
(Sharecast News) - Pawnbroker and jewellery retailer H&T Group said in an update on Thursday that its trading performance since the start of the year had been in line with expectations, marked by strong demand for pledge loans.
Thu 16 May 2024 14:30
(Sharecast News) - The market spotlight at the end of the week will shift to Asia Pacific.
Thu 16 May 2024 12:19
(Sharecast News) - The European Commission has launched formal proceedings to investigate whether Meta may have breached the Digital Services Act (DSA) through how it treats and protects minors on Facebook and Instagram.
Thu 16 May 2024 12:10
(Sharecast News) - Cyber security firm Redcentric said on Thursday that both revenue and earnings had grown in the year ended 31 March but noted it had experienced installation delays at the London Technology Centre and contract cancellations by several large customers.
Thu 16 May 2024 11:46
(Sharecast News) - Angle, the AIM-listed liquid biopsy company which specialises in circulating tumour cell (CTC) solutions, has announced the results of a clinical study which show that its Parsortix system could be used to predict progression-free survival in patients with ovarian cancer.
Thu 16 May 2024 11:44
(Sharecast News) - Specialist lender Secure Trust Bank reported a positive first quarter in a trading update on Thursday, with growth in net lending balances and progress in cost-saving initiatives under Project Fusion.
Thu 16 May 2024 11:37
(Sharecast News) - Chevron is reportedly set to launch the sale of its remaining UK North Sea oil and gas assets, in a move that would mark the US energy firm's exit from the ageing basin after more than 55 years.
Thu 16 May 2024 11:27
(Sharecast News) - Thames Water's largest shareholder has withdrawn its representative from the crisis-hit utility's board, it was confirmed on Thursday.
Thu 16 May 2024 11:23
(Sharecast News) - US woundcare technology developer AOTI is reportedly preparing to push the button on a London stock market flotation next month.
Thu 16 May 2024 10:53
(Sharecast News) - AIM-listed Accsys Technologies has announced that its chief financial officer is leaving the wood products group after just a year in the role.
Thu 16 May 2024 10:25
(Sharecast News) - Barclays has raised its rating on builders merchant Travis Perkins from 'equal weight' to 'overweight', saying that the stock is an "undervalued UK recovery play".
Thu 16 May 2024 10:19
(Sharecast News) - Analysts at Berenberg cut their target price on food ingredients manufacturer Treatt from 700.0p to 580.0p on Thursday as its "slow start" to FY24 resulted in a downgrade to full-year revenue growth guidance.
Thu 16 May 2024 10:17
(Sharecast News) - Leak detection and remediation solutions provider Water Intelligence said on Thursday that its "solid growth trajectory" had continued over the three months ended 31 March in terms of both revenue and profits.
Thu 16 May 2024 10:09
(Sharecast News) - Technology and solutions provider Diaceutics has struck two new enterprise-wide agreements, taking the total number to six engagements, across 29 separate therapeutic brands.
Thu 16 May 2024 09:43
(Sharecast News) - United Utilities said on Thursday that both revenue and operating profits had grown in the twelve months ended 31 March as it continues to be engulfed in a massive sewage spill controversy.
Thu 16 May 2024 09:34
(Sharecast News) - Roche reported positive trial results for its experimental weight loss treatment on Thursday, sending shares in the Swiss drugs group higher.
Thu 16 May 2024 09:13
(Sharecast News) - Tullow Oil has said it's on track to deliver full-year guidance and remains well placed to capitalise on a higher oil-price environment.
Thu 16 May 2024 09:11
(Sharecast News) - Listed residential landlord Grainger reported an 11% increase in first-half net rental income on Thursday, to £53.2m, continuing its upward trajectory since its 'strategic restart' in 2016.
Thu 16 May 2024 09:02
(Sharecast News) - Window and door components supplier Tyman reported a 5% decrease in group revenue for the period from 1 January to 30 April on Thursday, to £205m, reflecting a 4% decline on a like-for-like basis.
Thu 16 May 2024 08:54
(Sharecast News) - Logistics-focussed property investor Tritax EuroBox reported a 10.1% increase in IFRS rental income to €35.9m (£30.8m) on Thursday, driven by rent indexations, asset management initiatives, and the conversion of rental guarantees into income.
Thu 16 May 2024 08:48
(Sharecast News) - Future unveiled plans to return a further £45m to shareholders on Thursday, sending the shares higher, despite a fall in half-year revenues and profits.
Thu 16 May 2024 08:33
(Sharecast News) - Auction Technology Group reported 6% growth in first-half revenue on Thursday, to $86m (£67.81m), driven by strong growth in value-added services and contributions from 'EstateSales'.
Thu 16 May 2024 08:17
(Sharecast News) - Telecom equipment specialist Helios Towers reiterated its full-year outlook on Thursday, after a jump in first-quarter earnings.
Thu 16 May 2024 08:00
(Sharecast News) - Construction and engineering company Costain said on Thursday that its year-to-date trading performance was in line with internal expectations, with the group continuing to have "a high-quality forward work position".
Thu 16 May 2024 07:54
(Sharecast News) - Vistry lifted its annual homebuilding target to more than 18,000 driven by a 10% year-on-year rise in forward sales.
Thu 16 May 2024 07:46
(Sharecast News) - Shares in medtech group Convatec slumped on Thursday despite the company keeping its top-level guidance for 2024, though growth forecasts in the Advanced Wound Care division have been reduced due to "short-term uncertainty".
Thu 16 May 2024 07:43
(Sharecast News) - AstraZeneca said on Thursday that its investigative drug sipavibart had shown positive results in preventing Covid-19 in vulnerable patients.
Thu 16 May 2024 07:28
(Sharecast News) - Shares in Watches of Switzerland surged 15% on Thursday as the luxury timepiece retailer said it was "cautiously optimistic" about future trading after a 4% rise in sales in the final quarter of its financial year driven by a strong performance in the US.
Thu 16 May 2024 07:28
(Sharecast News) - Mr Kipling owner Premier Foods said on Thursday that its full-year performance was ahead of expectations and it returned to volume growth in the fourth quarter.
Thu 16 May 2024 07:20
(Sharecast News) - Sage Group shares were well into the red on Thursday morning, despite reporting a robust first-half performance, as the company downgraded its guidance.
Thu 16 May 2024 07:18
(Sharecast News) - Siemens reported relatively stable revenue in its second quarter on Thursday, despite a 12% decline in comparable orders, reflecting a high volume of large orders in the mobility segment.
Thu 16 May 2024 07:10
(Sharecast News) - Telecoms giant BT saw shares pop on Thursday despite reporting a 31% drop in annual profits in the year to 31 March, as the company laid out plans to save £3bn of costs a year by the end of the decade.
Thu 16 May 2024 07:01
(Sharecast News) - EasyJet chief executive Johan Lundgren is to step down after more than seven years in the role, the budget carrier said on Thursday.
Wed 15 May 2024 15:38
(Sharecast News) - Wood Group tumbled on Wednesday after saying it had rejected a second, improved £1.5bn takeover proposal from Dubai-based engineering and consulting company Sidara.
Wed 15 May 2024 15:21
(Sharecast News) - Representatives of Thames Water's multinational syndicate of shareholders are reportedly set to quit as directors of its corporate entities after refusing to inject the billions of pounds of funding required to bail it out.
Wed 15 May 2024 14:40
(Sharecast News) - Shares in Royal Mail owner International Distributions Services (IDS) surged on Wednesday afternoon after its board recommended a revised offer from billionaire Daniel Křetínský's EP Group which values the company at £3.5bn.
Wed 15 May 2024 13:58
(Sharecast News) - UK shipbuilder Harland & Wolff has dismissed "misleading and inaccurate" suggestions that it could close after a newspaper report stated the government was about to block a financial support package to keep the Belfast firm afloat.
Wed 15 May 2024 13:06
(Sharecast News) - A top Mission Group shareholder said on Wednesday that Brave Bison's 29p-a-share takeover offer for the digital marketing agency was "highly unattractive".
Wed 15 May 2024 13:05
(Sharecast News) - Alba Mineral Resources announced the successful extraction of high-grade gold from samples obtained during the trenching programme at the historic waste tip within its wholly-owned Clogau-St David's Gold Mine in North Wales on Wednesday.
Wed 15 May 2024 13:00
(Sharecast News) - Lateral flow contract development and manufacturing organisation Abingdon Health announced the launch of Boots' own-brand saliva pregnancy self-test across the UK and online on Wednesday, in collaboration with Salignostics and Crest Medical.
Wed 15 May 2024 12:55
(Sharecast News) - German banking group Commerzbank has raised its forecast for net interest income by €200m after a strong performance in the first three months of the year - its best quarter in more than a decade.
Wed 15 May 2024 12:55
(Sharecast News) - Empire Metals unveiled the analytical lab results from the final 22 reverse circulation (RC) drill holes at the Pitfield Project in Western Australia on Wednesday.
Wed 15 May 2024 12:50
(Sharecast News) - RBC Capital Markets lifted its price target on DCC on Wednesday to 5,800p from 5,700p after full-year results a day earlier.
Wed 15 May 2024 12:49
(Sharecast News) - Retail software-as-a-service provider Itim Group announced the renewal of a five-year multi-million-pound contract with Majestic Wine on Wednesday, for its 'Unify' platform.
Wed 15 May 2024 12:44
(Sharecast News) - Clontarf Energy shares were surging on Wednesday, as it reported significant progress in in Bolivia's lithium sector.
Wed 15 May 2024 12:33
(Sharecast News) - Equals Group updated the market on its ongoing strategic review on Wednesday, confirming an extension of the put-up or shut-up deadline.
Wed 15 May 2024 12:19
(Sharecast News) - Griffin Mining reported a substantial increase in revenue in its final results for 2023 on Wednesday, to $146.02m, compared to $94.4m in 2022.
Wed 15 May 2024 12:14
(Sharecast News) - Investors' focus on Thursday will be on a raft of economic reports due out in the States.
Wed 15 May 2024 12:13
(Sharecast News) - Henry Boot announced on Wednesday that its construction arm has secured a pivotal contract from Rotherham Council.
Wed 15 May 2024 11:43
(Sharecast News) - Savills said in an update on Wednesday that its performance for the year-to-date aligned with expectations, surpassing the corresponding period last year.
Wed 15 May 2024 11:41
(Sharecast News) - Shares in material solutions group Zotefoams jumped on Wednesday after the company reported progress towards the commercialisation of its ReZorce beverage cartons.
Wed 15 May 2024 11:00
(Sharecast News) - German industrial conglomerate Thyssenkrupp has cut its forecasts for full-year sales and net profit as a result of volume reductions and lower steel prices, along with write-downs that will impact the bottom line.
Wed 15 May 2024 10:46
(Sharecast News) - Analysts at Berenberg raised their target price on energy giant Shell from 2,950.0p to 3,400.0p on Wednesday, stating the group was "still on the right track".
Wed 15 May 2024 10:42
(Sharecast News) - Data and technology company 4Global said on Wednesday that full-year revenues were on track to grow following a "strong" H2 trading performance.
Wed 15 May 2024 10:24
(Sharecast News) - Vanquis Banking Group reported gross customer interest earning balances of £2.23bn at the end of its first quarter on Wednesday, reflecting a slight decline from the £2.35bn it reported as at 31 December.
Wed 15 May 2024 10:22
(Sharecast News) - Building materials distributor Lords Group Trading warned of challenging market conditions on Wednesday, after unseasonably wet weather compounded tough trading.
Wed 15 May 2024 09:49
(Sharecast News) - Professional services business DSW Capital said on Wednesday that adjusted pre-tax profits had contracted in the year ended 31 March but said network revenues and total income from licensees were expected to be in line with current expectations.
Wed 15 May 2024 09:24
(Sharecast News) - Financial services firm TP ICAP said on Wednesday that revenues were down year-on-year in the three months ended 31 March against a strong Q123 performance.
Wed 15 May 2024 09:11
(Sharecast News) - Vertu Motors reported record revenues on Wednesday, despite difficult market conditions and falling used car prices.
Wed 15 May 2024 08:43
(Sharecast News) - Conduit Holdings reported a 28.3% increase in gross premiums written in its first quarter on Wednesday, reaching $356.8m for the three months ended 31 March.
Wed 15 May 2024 08:35
(Sharecast News) - Senior, the FTSE 250-listed engineering and manufacturing group, has announced that its finance director of seven years is to retire.
Wed 15 May 2024 08:14
(Sharecast News) - Global engineer Hunting said full-year earnings would be at the upper end of expectations after winning a $145m order with the Kuwait Oil Company.
Wed 15 May 2024 08:13
(Sharecast News) - Engineering firm Vesuvius reiterated its full-year guidance on Wednesday, despite seeing "subdued" steel markets throughout the first quarter.
Wed 15 May 2024 08:13
(Sharecast News) - Vehicle rental and repair services business Redde Northgate said on Wednesday that it had finished FY24 "positively", continuing the trends seen in the first half, with vehicle supply continuing to improve.
Wed 15 May 2024 07:53
(Sharecast News) - A consortium of investors has sold about £1.6bn worth of shares in London Stock Exchange Group.
Wed 15 May 2024 07:48
(Sharecast News) - Shares in credit-checking and data giant Experian surged on Wednesday after the company delivered annual results at the top end of expectations and guided to an acceleration in top-line growth for the coming year.
Wed 15 May 2024 07:46
(Sharecast News) - Shares in Keller surged by 20% after the geotechnical engineer said its annual earnings would be "materially ahead" of expectations after a strong performance in the first four months of the year.
Wed 15 May 2024 07:40
(Sharecast News) - Drinks company Britvic posted a jump in interim profit and revenue on Wednesday and announced a £75m share buyback, as it highlighted "strong" customer demand for its brands.
Wed 15 May 2024 07:37
(Sharecast News) - European logistics real estate company Tritax EuroBox said it had agreed a lease re-gear, a new lease and associated solar PV Power Purchase Agreement (PPA) at Logistics Park Bornem, Belgium.
Wed 15 May 2024 07:34
(Sharecast News) - Tobacco giant Imperial Brands reiterated its full-year outlook on Wednesday, despite a fall in interim profits and sales.
Wed 15 May 2024 07:29
(Sharecast News) - A record performance in the second quarter helped travel firm TUI grow first-half revenues by 15% and more than halve underlying losses, as it reconfirmed its guidance for the full year.
Wed 15 May 2024 07:24
(Sharecast News) - Computer maker Raspberry Pi confirmed on Wednesday that it is planning to list on the main market of the London Stock Exchange.
Wed 15 May 2024 07:23
(Sharecast News) - Food and support service provider Compass Group raised its full-year guidance on Wednesday, after reporting an 11.2% increase in first-half revenue to $20.9bn, alongside an 18.7% surge in operating profit to $1.47bn.
Wed 15 May 2024 07:09
(Sharecast News) - Engineering firm Spirax Group has maintained its guidance for organic sales growth this year despite ongoing weakness in the wider market, though foreign exchange headwinds will impact profits more than previously thought.
Wed 15 May 2024 07:05
(Sharecast News) - Landscaping and building products supplier Marshalls said revenues fell 10% in the four months to April 30 as weak demand in the housing and maintenance market continued, adding that it still expected flat profits for 2024.
Wed 15 May 2024 07:01
(Sharecast News) - Burberry Group warned of a challenging first half on Wednesday, after slowing luxury demand dented annual sales and profits.
Tue 14 May 2024 15:41
(Sharecast News) - Buy now pay later firm Klarna has reportedly cleared a crucial hurdle on its journey towards a stock market flotation expected to value it at as much as $20bn (£15.9bn).
Tue 14 May 2024 15:14
(Sharecast News) - UK housing services providers Mears Group has won a contract with North Lanarkshire Council worth £125m, the company announced on Tuesday.
Tue 14 May 2024 13:52
(Sharecast News) - Wednesday will bring with it the week's key risk event - barring surprises - in the form of the latest US consumer price report.
Tue 14 May 2024 13:12
(Sharecast News) - Barclays has lifted its target price for Unilever following the consumer-goods group's well-received first-quarter results last month, saying the current quarter could beat expectations.
Tue 14 May 2024 13:07
(Sharecast News) - Independent upstream oil and gas firm Serica Energy announced the appointment of Chris Cox as its new chief executive officer on Tuesday, effective 1 July.
Tue 14 May 2024 13:02
(Sharecast News) - Professional services group Gateley said in an update on Tuesday that it expected robust revenue growth of 5.7% for the financial year just ended, surpassing £172m, compared to £162.7m in the prior year.
Tue 14 May 2024 12:56
(Sharecast News) - Engineering services group Renew Holdings reported another record trading performance in its half-year results on Tuesday, with revenue rising 17.2% year-on-year to £552.8m.
Tue 14 May 2024 12:38
(Sharecast News) - OPEC held global oil demand forecasts on Tuesday, adding that there was some upside potential for economic growth this year and beyond, and said it would also start using production from the wider OPEC+ group for forecasts.
Tue 14 May 2024 12:26
(Sharecast News) - Shares of IQGeo Group surged on Tuesday as it agreed to be taken over by private equity firm KKR in a £316m deal.
Tue 14 May 2024 11:54
(Sharecast News) - Watchdog the Competition and Markets Authority said on Tuesday that it may accept Pennon Group's solutions to address concerns regarding the water utility outfit's purchase of Sutton and East Surrey Water, potentially clearing a path for the deal to go through.
Tue 14 May 2024 11:53
(Sharecast News) - South Greenland-focussed mine developer Amaroq Minerals reported decent operational progress in its first quarter on Tuesday, as it maintained a robust total liquidity position of $96.31m in cash reserves, undrawn revolving credit facilities, and available funds.
Tue 14 May 2024 11:42
(Sharecast News) - Hutchmed China announced the start of two significant clinical trials on Tuesday, aimed at addressing critical unmet needs in cancer treatment.
Tue 14 May 2024 11:36
(Sharecast News) - Home Depot reported a slight dip in first-quarter comparable sales on Tuesday, although its earnings per share of $3.63 slightly surpassed analysts' expectations of $3.60.
Tue 14 May 2024 11:32
(Sharecast News) - Aptitude Software said in an update on Tuesday that it was confident in its performance for 2024, as ongoing organisational changes yielded positive progress, particularly in accelerating Fynapse readiness and delivery, supported by strategic partnerships.
Tue 14 May 2024 11:27
(Sharecast News) - The Confederation of British Industry is to further reduce its workforce, it was reported on Tuesday, as it continues to recover from last year's sexual misconduct scandal.
Tue 14 May 2024 11:12
(Sharecast News) - Taiwanese electronics giant and iPhone assembler Foxconn on Tuesday reported a huge surge in first-quarter profits as it delivered a confident outlook for the current quarter due to strong demand for its AI servers.
Tue 14 May 2024 10:53
(Sharecast News) - Online travel agency On the Beach warned that trading in the package holidays market had been "challenging" but still said it expects to deliver "a record summer" in terms of bookings.
Tue 14 May 2024 10:40
(Sharecast News) - Lender Virgin Money said on Tuesday that it has delivered "continued business momentum during H1", with trading in Q2 broadly as anticipated.
Tue 14 May 2024 10:32
(Sharecast News) - Extracts and ingredients specialist Treatt confirmed full-year guidance on Tuesday, after interim operating profits jumped.
Tue 14 May 2024 10:09
(Sharecast News) - Wiring accessories, electric vehicle chargers, LED lighting and portable power products specialist Luceco reported strong first-quarter revenue growth on Tuesday, rising 6.2% year-on-year to £51m, or 4.5% on a like-for-like basis.
Tue 14 May 2024 09:33
(Sharecast News) - It professional services provider FDM Group said in an update on Tuesday that the group had performed in line with the board's expectations in the first four months of the year.
Tue 14 May 2024 09:07
(Sharecast News) - Shore Capital has maintained a 'hold' rating on Greggs despite a strong start to the year from the bakery chain, saying that the shares look "up with events for now".
Tue 14 May 2024 08:53
(Sharecast News) - Revolution Bars Group shares were sinking on Tuesday morning, after the company issued an update on the formal sale process, first announced on 10 April.
Tue 14 May 2024 08:35
(Sharecast News) - Shares in Delivery Hero surged by more than 20% after it agreed to sell its Foodpanda delivery business in Taiwan to ride-hailing giant Uber for $950m.
Tue 14 May 2024 08:35
(Sharecast News) - Shares in Midwich Group fell sharply in early trading on Tuesday, after the audio visual specialist warned on profits.
Tue 14 May 2024 08:17
(Sharecast News) - Brewing company Marston's said on Tuesday that it had delivered "strong" like-for-like sales growth in H1, driving "good growth" in pub operating profits.
Tue 14 May 2024 08:16
(Sharecast News) - Headlam slid on Tuesday as it warned on full-year profits, citing a weak housing market and a deterioration in consumer spending.
Tue 14 May 2024 08:03
(Sharecast News) - Precious metals miner Hochschild Mining has achieved commercial production at the Mara Rosa gold mine in Brazil, a "significant milestone" that has been hit ahead of schedule.
Tue 14 May 2024 07:52
(Sharecast News) - UK bakery chain Greggs maintained full year earnings forecasts as underlying sales grew 7.4% in the first 19 weeks of this year in what it called a "challenging market".
Tue 14 May 2024 07:50
(Sharecast News) - Logistics real estate investor Tritax EuroBox is to sell a Gothenburg warehouse for SEK385m (£28m) as the company continues to dispose of assets to reduce leverage.
Tue 14 May 2024 07:44
(Sharecast News) - Citi opened a 'positive catalyst watch' on shares of Inchcape on Tuesday, as it said the car dealership "has a unique consolidation opportunity within the automotive distribution market".
Tue 14 May 2024 07:42
(Sharecast News) - Ireland's DCC reported a jump in annual profits on Tuesday, on the back of strong trading in its core energy division.
Tue 14 May 2024 07:21
(Sharecast News) - Anglo American has announced a "major new phase" in its strategy as it makes radical changes to its business structure to drive shareholder returns and save costs, including the divestment or spin-off of its steelmaking coal, nickel, platinum and diamond operations.
Tue 14 May 2024 07:16
(Sharecast News) - Flutter reported a net loss of $177m in its first quarter on Tuesday - a $66m increase year-on-year, which it attributed to non-cash charges of $356m.
Tue 14 May 2024 07:06
(Sharecast News) - Electricals retailer Currys lifted its full-year profit expectations on Tuesday as it hailed a return to like-for-like sales growth.
Tue 14 May 2024 07:03
(Sharecast News) - Troubled telecoms giant Vodafone posted slightly better annual results than forecast, driven by a strong final quarter, as it continued to offload businesses and move towards its tie-up with rival operator Three.
Mon 13 May 2024 15:50
(Sharecast News) - Walgreens Boots Alliance is reportedly reaching out to potential buyers of the £7bn ($8.8bn) Boots chemist chain.
Mon 13 May 2024 15:34
(Sharecast News) - Active Energy, a renewable energy company specialising in biomass-based solutions, said in an update on Monday that it had entered discussions with various parties regarding strategic opportunities and the potential sale of its 'CoalSwitch' assets.
Mon 13 May 2024 15:23
(Sharecast News) - Pilots at easyJet could be on strike over the crucial summer holiday period, it emerged on Monday, amid reports their union had rejected a pay offer.
Mon 13 May 2024 15:06
(Sharecast News) - Investors' attention will be trained on the latest UK employment report on Tuesday.
Mon 13 May 2024 14:48
(Sharecast News) - Web design and hosting platform Squarespace announced on Monday that it is to go private in a $6.9bn all-cash transaction with global private equity firm Permira.
Mon 13 May 2024 14:09
(Sharecast News) - The Treasury is finalising plans for a significant sale of its remaining stake in NatWest Group, it was reported on Monday, in a bid to expedite the bank's privatisation and stimulate retail investment in the UK.
Mon 13 May 2024 13:47
(Sharecast News) - BHP said on Monday that Anglo American has rejected a revised offer from the Australian miner which valued the company at £34bn.
Mon 13 May 2024 12:59
(Sharecast News) - BAE Systems was under the cosh on Monday after Bank of America Merrill Lynch downgraded shares of the defence company to 'neutral' from 'buy'.
Mon 13 May 2024 12:39
(Sharecast News) - Golden Metal Resources updated the market on exploration activities at its wholly-owned Pilot Mountain Project on Monday, in the prolific Walker Lake Mineral Belt in Nevada.
Mon 13 May 2024 12:32
(Sharecast News) - Bezant Resources announced the start of geophysical surveying at the Kanye battery manganese project in Botswana on Monday, following positive outcomes from phase two metallurgical test work.
Mon 13 May 2024 12:28
(Sharecast News) - Infrastructure labour supply company Hercules Site Services said in a trading update on Monday that its performance aligned with market expectations for the full year ending 30 September, with projected revenue exceeding £47m for the first half.
Mon 13 May 2024 12:24
(Sharecast News) - Entertainment localisation and media service provider Zoo Digital Group said in an update on Monday that it has renewed its debt facilities with HSBC for an additional 12 months, amounting to $3m.
Mon 13 May 2024 12:19
(Sharecast News) - Anglesey Mining announced the receipt of assay results for drill hole NCZ003 on Monday, marking the completion of the third hole in the infill drilling programme at the Parys Mountain copper-zinc-lead-silver-gold VMS project on the Isle of Anglesey in North West Wales.
Mon 13 May 2024 12:14
(Sharecast News) - Jaywing announced a number of changes to its board on Monday, with chief executive officer Andrew Fryatt having resigned, effective immediately.
Mon 13 May 2024 12:05
(Sharecast News) - FRP Advisory Group announced on Monday that it has finalised the acquisition of Hilton-Baird Group, a commercial finance and risk management specialist, for £7m.
Mon 13 May 2024 11:49
(Sharecast News) - Financing services firm TruFin said on Monday that its full-year trading performance was now expected to be "significantly ahead" of market expectations.
Mon 13 May 2024 11:34
(Sharecast News) - Audio-visual solutions provider Mediazest said on Monday that it had delivered a "positive" first-half performance, with strong momentum also continuing into H2 with further contract wins.
Mon 13 May 2024 11:14
(Sharecast News) - UK supermarket group Asda on Monday revealed plans to redevelop a 10-acre site in North West London, hoping to create a new town centre that includes 1,500 new homes.
Mon 13 May 2024 11:06
(Sharecast News) - Software group Acuity RM has won a three-year contract worth more than £500,000, all of which will be payable in the current financial year.
Mon 13 May 2024 10:47
(Sharecast News) - Life sciences business Aptamer said on Monday that its current sales pipeline was "strong", with over £3.0m in advanced stage discussions.
Mon 13 May 2024 10:43
(Sharecast News) - Team Internet Group reported organic revenue growth of 8% for the 12 months through March on Monday, with gross revenue increasing 1% to $195.9m in the first quarter year-on-year, while net revenue rose 4% to $47.6m, with a gross margin increase from 23.5% to 24.3%.
Mon 13 May 2024 10:25
(Sharecast News) - British technology firm Raspberry Pi is preparing for a £500m initial public offering (IPO) this month, it was reported on Sunday.
Mon 13 May 2024 10:03
(Sharecast News) - Japanese tech investment management giant SoftBank saw shares rise on Monday after reporting a significant drop in full-year losses and a near-doubling in net asset value.
Mon 13 May 2024 10:02
(Sharecast News) - Controversial former UK finance minister Nadhim Zahawi has been appointed as chair of online retailer Very Group, just days after confirming that he would step down from parliament at the next general election.
Mon 13 May 2024 09:55
(Sharecast News) - Telecommunications company Cerillion said on Monday that both profit and revenue had grown in the six months ended 31 March, again setting new records for its key performance indicators.
Mon 13 May 2024 09:50
(Sharecast News) - Harbour Energy noted on Monday that operator Mubadala Energy has made a "significant" discovery at the Tangkulo-1 exploration well on the South Andaman licence in Indonesia, in which it has a 20% interest.
Mon 13 May 2024 09:03
(Sharecast News) - British Airways owner IAG's stock was making gains on Monday following positive comments from JPMorgan, which said that earnings momentum should continue to take the shares higher.
Mon 13 May 2024 07:54
(Sharecast News) - An automated iron ore train operated by mining giant Rio Tinto has derailed after colliding with a set of stationary wagons in north-western Australia on Monday, the company said.
Mon 13 May 2024 07:45
(Sharecast News) - Kurdistan-focussed energy company Gulf Keystone updated the market on its operations on Monday, initiating a $10m share buyback programme aimed at enhancing shareholder value.
Mon 13 May 2024 07:26
(Sharecast News) - Savings and retirement group Phoenix has announced that its chief financial officer of four years is to step down later this year.
Mon 13 May 2024 07:22
(Sharecast News) - Digital marketing agency Mission Group said on Monday that it had rejected a takeover proposal from rival Brave Bison which valued the group at around 29p a share.
Mon 13 May 2024 07:16
(Sharecast News) - High-performance polymers group Victrex said underlying profits dropped by a third in the first half after an 11% drop in volumes, though results did see a sequential improvement in the second quarter.
Mon 13 May 2024 07:12
(Sharecast News) - Unite Group announced the sale of six properties to PGIM Real Estate on Monday, for £184m, with its share amounting to £76m.
Mon 13 May 2024 07:03
(Sharecast News) - Shares in Diploma hit a record high on Monday as the specialist product distribution business lifted annual guidance after a 17% rise in adjusted half-year earnings, boosted by acquisitions.
Fri 10 May 2024 12:40
(Sharecast News) - Privately owned used-car platform Motors.co.uk is reportedly circling Cazoo Group, which is on the brink of administration.
Fri 10 May 2024 12:31
(Sharecast News) - Japanese carmaker Honda said that annual profits are expected to fall after a huge jump in the year just gone, with currency movements and rising costs estimated to weigh on the bottom line.
Fri 10 May 2024 11:57
(Sharecast News) - Advanced MRI technology specialist Polarean Imaging shares were surging on Friday, after receiving its second de novo order for a new Xenon MRI System from the University of Alabama at Birmingham (UAB) Hospital.
Fri 10 May 2024 11:51
(Sharecast News) - Ascent Resources updated the market on operations in its investment into GNG Partners, the owner of the 60 million standard cubic feet Lisbon Valley gas and helium processing plant in Utah, on Friday.
Fri 10 May 2024 11:48
(Sharecast News) - Medical cannabis specialist Celadon Pharmaceuticals announced on Friday that it has raised £2.1m to provide it with additional working capital.
Fri 10 May 2024 11:47
(Sharecast News) - Shares of US biotech firm Novavax rocketed on Friday after it signed a $1.2bn licensing agreement with French pharmaceutical group Sanofi to commercialise its Covid-19 vaccine from next year.
Fri 10 May 2024 11:42
(Sharecast News) - Dekel Agri-Vision reported a solid set of production numbers for April at its Ayenouan palm oil project in Côte d'Ivoire on Friday.
Fri 10 May 2024 11:36
(Sharecast News) - 88 Energy announced the awarding of a contract for a 2D seismic acquisition programme for its PEL 93 licence in Namibia on Friday.
Fri 10 May 2024 11:29
(Sharecast News) - Artemis Resources announced on Friday that it has successfully secured firm commitments for a capital raising of AUD 2.87m (£1.51m), priced at AUD 0.01275 per share, with significant support reported from both sophisticated and institutional investors.
Fri 10 May 2024 11:17
(Sharecast News) - JPMorgan has said that dovish comments from the Bank of England this week don't alter its constructive view on UK banking stocks, even if interest rates do fall more sharply than markets are currently pricing in.
Fri 10 May 2024 11:15
(Sharecast News) - Ultimate Products reported further weakness in third-quarter trading on Friday, as consumer demand reportedly remained weak.
Fri 10 May 2024 11:08
(Sharecast News) - NextEnergy Solar Fund announced the extension of its existing £70m short-term revolving credit facility (RCF) with Santander on Friday.
Fri 10 May 2024 10:10
(Sharecast News) - Analysts at Berenberg raised their target price on engineering and consulting business John Wood Group from 150.0p to 220.0p on Friday following the group's first-quarter trading statement that came hot on the heels of news that it had rejected a takeover bid at 205.0p per share.
Fri 10 May 2024 09:34
(Sharecast News) - Infrastructure investment firm GCP was performing well on Friday after analysts at Jefferies upgraded their rating on the stock from 'hold' to 'buy' following the recent disposal of the Blackcraig Wind Farm.
Fri 10 May 2024 09:18
(Sharecast News) - Retailer Mothercare shares nosedived in early trading as the group revealed it had entered refinancing negotiations as demand for its products continued to be subdued.
Fri 10 May 2024 08:45
(Sharecast News) - Irish homebuilder Cairn Homes has reiterated its full-year guidance after a strong start to the year, saying demand for new homes remains "exceptionally high", as it reported a forward order book of more than €1bn.
Fri 10 May 2024 08:37
(Sharecast News) - Digital advertising and marketing services company S4 Capital reported a decline in net revenue in its first quarter on Friday, which it put down to ongoing client caution and a decrease in activity within its technology services segment.
Fri 10 May 2024 08:02
(Sharecast News) - Electronic components TT Electronics reiterated its full-year outlook on Friday despite "continuing global macroeconomic uncertainty".
Fri 10 May 2024 07:53
(Sharecast News) - London-listed shares in CRH rose on Friday after the builders' merchant said it made a solid start to 2024 in the seasonally least significant quarter, with revenues rising on the back of positive pricing, early-season activity and favourable weather in key markets.
Fri 10 May 2024 07:51
(Sharecast News) - Bulmers, Magners and Tennent's owner C&C Group reaffirmed its annual guidance on Friday as it said full-year results will be delayed as additional time is needed to complete a review of certain non-cash accounting measurements relating to previous financial periods.
Fri 10 May 2024 07:34
(Sharecast News) - Merger talks between Octopus Renewables Infrastructure Trust (ORIT), the clean energy investment fund of Octopus Energy Group, and smaller peer Aquila European Renewables (AERI) have been called off after AERI rebuffed an indicative offer.
Fri 10 May 2024 07:26
(Sharecast News) - Georgia's TBC Bank reported higher first-quarter profit as net interest income jumped 21%, driven by higher interest rates and a "dynamic" loan book as it also launched a 75 million Georgian lari (£22.4m) share buyback.
Fri 10 May 2024 07:23
(Sharecast News) - Bytes Technology Group announced the appointment of Sam Mudd as its permanent chief executive officer on Friday, as it also welcomed two independent non-executive directors to its board.
Fri 10 May 2024 07:15
(Sharecast News) - Property portal Rightmove has reiterated its revenue and profit guidance for the full year, but upgraded its customer growth expectations after a strong start to the year.
Fri 10 May 2024 07:13
(Sharecast News) - The Financial Reporting Council (FRC) announced historic penalties against KPMG and two former partners on Friday, in its final decision round audit failures linked to the collapsed Carillion.
Fri 10 May 2024 07:04
(Sharecast News) - British Airways owner IAG said it was "well positioned" for the summer after posting a huge rise in first quarter profit on the back of strong leisure travel demand, especially over the Easter holidays.
Thu 09 May 2024 15:26
(Sharecast News) - NatWest's share-price surge since the start of the year could well continue, according to analysts at Barclays, who hiked their target price for the stock on Thursday.
Thu 09 May 2024 14:39
(Sharecast News) - Shares in Light Science Technologies Holdings (LSTH) surged on Thursday after the AIM-listed company signed an exclusive distribution agreement to market and sell its nurturGROW vertical farming lights in South Africa.
Thu 09 May 2024 13:23
(Sharecast News) - Tertiary Minerals announced on Thursday that its Environmental Project Brief (EPB) for the Mupala Copper Project in Zambia had been approved, paving the way for mineral exploration activities to start.
Thu 09 May 2024 13:18
(Sharecast News) - Keras Resources announced the resumption of activities at the Nayéga manganese mine in Northern Togo on Thursday, after signing a cooperation agreement with the Republic of Togo on 17 May.
Thu 09 May 2024 13:11
(Sharecast News) - Uniphar said in an update on Thursday that 2023 was a successful year, as it doubled its 2018 pro-forma EBITDA, ahead of the timeframe it laid out at its initial public offering.
Thu 09 May 2024 13:06
(Sharecast News) - PetroTal said in an update on Thursday that sales and production in its first quarter averaged 18,347 and 18,518 barrels of oil per day respectively, marking its second-best quarter to date and aligning with guidance.
Thu 09 May 2024 13:00
(Sharecast News) - IP Group announced the completion of a $111m series B funding round by its Australian portfolio company Hysata on Thursday.
Thu 09 May 2024 12:56
(Sharecast News) - Triple Point Social Housing announced an independent review of its investment management arrangements on Thursday, in a bid to enhance shareholder value.
Thu 09 May 2024 12:53
(Sharecast News) - Avon Protection announced a contract with the UK Ministry of Defence (MoD) on Thursday, for the provision of General Service Respirators (GSR) and associated in-service support.
Thu 09 May 2024 12:50
(Sharecast News) - HgCapital Trust reported a robust first-quarter portfolio performance on Thursday, resulting in a total return net asset value (NAV) increase of 3% to reach a NAV per share of £5.11, totaling £2.3n in net assets.
Thu 09 May 2024 12:39
(Sharecast News) - Analysts at Berenberg slightly raised their target price on telecommunications tower infrastructure company Helios Towers from 170.0p to 185.0p on Thursday, stating the group was now "poised for value creation".
Thu 09 May 2024 12:20
(Sharecast News) - Clarksons, which provides services and investment banking to the shipping industry and offshore markets, has said it made a positive start to the year and that full-year expectations remain unchanged despite "challenging" conditions in the financial division.
Thu 09 May 2024 11:46
(Sharecast News) - Plastic and paperboard packaging manufacturer Robinson said on Thursday that momentum experienced in the second half of 2023 has continued into 2024.
Thu 09 May 2024 11:36
(Sharecast News) - Motor manufacturer Nissan said annual profit jumped 92% to 426.6 billion yen (£2.1bn), driven by higher sales in all major global markets except China.
Thu 09 May 2024 11:21
(Sharecast News) - Spanish banking group BBVA has proposed a hostile takeover of smaller peer Banco Sabadell, taking its €12.2bn offer directly to shareholders after the latter's board rejected an approach earlier this week.
Thu 09 May 2024 11:19
(Sharecast News) - Life science investor Syncona reported positive findings from its portfolio company Freeline Therapeutics on Thursday, after a phase one and two study of its gene therapy candidate for Gaucher disease, 'FLT20', showed encouraging results.
Thu 09 May 2024 10:55
(Sharecast News) - Spanish telecoms giant Telefónica has reiterated its full-year outlook after a better-than-expected first-quarter performance, with net income rising almost 80% on the year before.
Thu 09 May 2024 10:15
(Sharecast News) - Data security solutions business Eckoh said on Thursday that adjusted operating profits were "marginally ahead of market expectations" in the year ended 31 March despite seeing full-year revenues decrease.
Thu 09 May 2024 10:13
(Sharecast News) - Spire Healthcare said in an update on Thursday that its recent trading had been robust, in line with the positive momentum seen since it announced its results on 29 February.
Thu 09 May 2024 09:46
(Sharecast News) - Oil and gas business Harbour Energy hiked its full-year dividend on Thursday as its transformational takeover of German rival Wintershall was "on track" to complete in Q4.
Thu 09 May 2024 09:34
(Sharecast News) - Iraq-focused oil explorer Genel Energy said its first-quarter performance was ahead of schedule with the business in a "robust financial position".
Thu 09 May 2024 08:28
(Sharecast News) - Broadcaster ITV reported a fall in first-quarter revenues on Thursday, dragged lower by the production arm which was hit by the US writers' and actors' strike.
Thu 09 May 2024 08:18
(Sharecast News) - Morgan Advanced Materials said in an update on Thursday that in the first three months of the year, it saw a notable increase in sales, with a 12% rise on an organic constant currency basis compared to the same period last year.
Thu 09 May 2024 08:13
(Sharecast News) - Private equity giant Blackstone appeared to have emerged as the winner in the race to buy troubled music rights owner Hipgnosis Songs Fund after Apollo-backed Concord said its latest $1.25-a-share offer was final.
Thu 09 May 2024 08:12
(Sharecast News) - Oil production company Diversified Energy reported "solid" Q1 results on Thursday as it said ongoing cost-cutting efforts were already paying off.
Thu 09 May 2024 08:06
(Sharecast News) - Property investor and developer Derwent London has said that healthy demand has driven rental growth since the start of 2024.
Thu 09 May 2024 08:02
(Sharecast News) - Chemicals company Synthomer said on Thursday that first-quarter trading was in line with its expectations at the start of the year and that it continues to expect to make some earnings progress in 2024.
Thu 09 May 2024 07:43
(Sharecast News) - Wood Group posted a rise in first-quarter EBITDA but a drop in revenue on Thursday, a day after saying it had rejected a £1.4bn takeover proposal from Dubai-based Sidara.
Thu 09 May 2024 07:40
(Sharecast News) - Balfour Beatty has reiterated its guidance for profit growth in 2024 after an in-line performance from the infrastructure group since the start of the year.
Thu 09 May 2024 07:33
(Sharecast News) - Apax Partners has sold 27m shares in Baltic Classifieds in a placing, according to a filing by Merrill Lynch International.
Thu 09 May 2024 07:28
(Sharecast News) - Watches of Switzerland Group said it had bought Roberto Coin Inc for $130m as it looks to expand into the luxury jewellery market.
Thu 09 May 2024 07:22
(Sharecast News) - 3i Group reported a 'strong' set of results in what it described as a challenging year on Thursday, with a total return of £3.84bn, representing a 23% return on opening shareholders' funds.
Thu 09 May 2024 07:19
(Sharecast News) - Africa-focused telecoms group Airtel was hit hard by a drop in the Nigerian naira in the year to 31 March, with a $549m negative FX headwind pushing it into the red on a pre-tax basis and taking more than $1bn off the top line.
Thu 09 May 2024 07:16
(Sharecast News) - Wealth manager Rathbones said on Thursday that it had made a "positive start" to FY24, partly due to its merger with Investec Wealth & Investment back in 2023.
Thu 09 May 2024 07:15
(Sharecast News) - Specialist engineering firm IMI on Thursday said trading remained in line with expectations as first-quarter revenue rose 4% year on year.
Thu 09 May 2024 07:02
(Sharecast News) - Weapons maker BAE Systems held annual guidance and said global geopolitical tensions should boost orders as countries increased defence spending.
Wed 08 May 2024 15:02
(Sharecast News) - The UK's Competition and Markets Authority said on Wednesday that it was launching an investigation into GXO Logistics' £762m acquisition of Wincanton, which completed at the end of last month.
Wed 08 May 2024 14:35
(Sharecast News) - The Bank of England's latest policy decision will be front and centre on Thursday with quite a few economists - albeit not all - increasingly anticipating interest rate cuts sooner rather than later.
Wed 08 May 2024 14:29
(Sharecast News) - Energy giant Shell has announced that it is selling its interest in Singapore's Energy and Chemicals Park, the company's largest petrochemical production and export centre in Asia Pacific.
Wed 08 May 2024 14:20
(Sharecast News) - Hydrogen power generation technology specialist AFC Energy announced the selection of North American manufacturer Illuming Power as its primary producer of fuel cell plates and stacks for its 'S Series' air-cooled platform.
Wed 08 May 2024 14:00
(Sharecast News) - Mike Ashley is reportedly close to securing a deal to become the new British partner of struggling UK fashion chain Ted Baker.
Wed 08 May 2024 13:22
(Sharecast News) - Wood Group surged on Wednesday after saying it had rejected a 205p a share takeover proposal from Dubai-based engineering and consulting company Sidara, valuing it at more than £1.4bn.
Wed 08 May 2024 13:09
(Sharecast News) - Puma's share price rose strongly on Wednesday after the sporting goods manufacturer delivered an in-line first-quarter performance, with surging direct-to-consumer (DTC) sales making up for weakness in wholesale, as the company reiterated its growth guidance for the full year.
Wed 08 May 2024 12:58
(Sharecast News) - Software company Acuity RM announced a significant partnership between its subsidiary Acuity Risk Management (ARML) and BSI Group on Wednesday.
Wed 08 May 2024 12:57
(Sharecast News) - British high street lender TSB is to cut more than 200 jobs and close branches, it was confirmed on Wednesday.
Wed 08 May 2024 12:50
(Sharecast News) - Alliance Pharma announced a significant leadership transition on Wednesday, with chief executive Peter Butterfield stepping down from his role to pursue other business interests.
Wed 08 May 2024 12:45
(Sharecast News) - MaxCyte reported total first-quarter revenue of $11.3m in an update on Wednesday, making for a 32% increase compared to the same period in 2023.
Wed 08 May 2024 12:45
(Sharecast News) - Analysts at Berenberg hiked their target price on video game business Frontier Developments from 170.0p to 300.0p on Wednesday, stating the group's strategy was "showing signs of promise".
Wed 08 May 2024 12:39
(Sharecast News) - Shares in Andrews Sykes Group were in the green on Wednesday, after it reported a mixed set of results for the 2023 financial year.
Wed 08 May 2024 12:29
(Sharecast News) - PetroTal announced the signing of a definitive agreement to acquire a 100% working interest in Block 131 in Peru on Wednesday, including the producing Los Angeles field, through the acquisition of CEPSA Peruana.
Wed 08 May 2024 12:09
(Sharecast News) - Toyota Motor projected a 20% decrease in profit for the current financial year on Wednesday, as it planned large investments in both suppliers and strategic initiatives after a strong fourth-quarter performance.
Wed 08 May 2024 12:08
(Sharecast News) - Digital 9 Infrastructure announced the appointment of Eric Sanderson as its independent non-executive chair on Wednesday, to oversee the company's wind-down.
Wed 08 May 2024 12:02
(Sharecast News) - UK North Sea oil and gas operator Ithaca Energy said in an update on Wednesday that both Moody's Ratings and Fitch Ratings were considering an upgrade to its corporate family rating.
Wed 08 May 2024 11:58
(Sharecast News) - Ocean Wilsons issued a strong first-quarter update on Wednesday, reporting that as of 31 March its investment in Wilson Sons stood at $890.2m, translating to $25.17, or £19.94, per share.
Wed 08 May 2024 11:41
(Sharecast News) - Shares in Siemens Energy sparked on Wednesday, after the German group upped its full-year outlook on the back of strong quarterly numbers.
Wed 08 May 2024 11:04
(Sharecast News) - BNP Paribas is reportedly looking for a buyer for Strutt and Parker, having bought the upmarket UK estate agent seven years ago.
Wed 08 May 2024 11:03
(Sharecast News) - Shares in Uber Technologies fell sharply on Wednesday, after quarterly numbers disappointed.
Wed 08 May 2024 10:35
(Sharecast News) - Brighton Pier Group said on Wednesday that it swung to a full-year loss as revenue fell amid challenging trading conditions.
Wed 08 May 2024 10:33
(Sharecast News) - Shares in Germany's BMW Group came under pressure on Wednesday, after higher manufacturing costs weighed on quarterly earnings.
Wed 08 May 2024 10:13
(Sharecast News) - UBS has upgraded its rating for British Gas owner Centrica from 'neutral' to 'buy', saying that the stock carries too large a discount associated with its capital deployment plans.
Wed 08 May 2024 10:00
(Sharecast News) - Burberry said on Wednesday that chief financial officer Kate Ferry will be taking a short leave of absence after undergoing "unscheduled surgery".
Wed 08 May 2024 09:39
(Sharecast News) - Building materials business Lords Group has appointed Stuart Kilpatrick as its next chief financial officer.
Wed 08 May 2024 09:32
(Sharecast News) - Leisure businesses operator XP Factory said on Wednesday that it had delivered continued growth in Q1, setting its full-year performance on a course to meet guidance.
Wed 08 May 2024 09:30
(Sharecast News) - French train maker Alstom announced plans to raise €1bn from shareholders on Wednesday, as it looks to slash debt.
Wed 08 May 2024 09:30
(Sharecast News) - STV Group announced on Wednesday that its STV Studios division has secured three recommissions from BBC Daytime.
Wed 08 May 2024 09:19
(Sharecast News) - Peptides provider Plant Health Care said on Wednesday that although full-year revenues were down in 2023, US sales throughout the first four months of FY24 had boosted year-to-date revenues.
Wed 08 May 2024 08:50
(Sharecast News) - Shares in Anheuser-Busch InBev were rising strongly in Brussels after the Belgian beverages giant reiterated its full-year guidance following better-than-expected first-quarter volumes.
Wed 08 May 2024 08:46
(Sharecast News) - Japan's SoftBank is reportedly in talks to buy Graphcore, a struggling British semiconductor start-up once valued at $2.8bn.
Wed 08 May 2024 08:01
(Sharecast News) - Office provider Workspace has appointed Capital & Regional boss Lawrence Hutchings as its chief executive designate to replace its current CEO who announced his retirement in January.
Wed 08 May 2024 07:50
(Sharecast News) - 3i Infrastructure announced a successful financial year on Wednesday, reporting an 11.4% return for the 12 months ended 31 March, topping its target for a total return of 8% to 10% per annum over the medium term.
Wed 08 May 2024 07:48
(Sharecast News) - Pub group JD Wetherspoon said on Wednesday that full-year profits were set to be towards the top of market expectations as it reported a jump in third-quarter sales, boosted by sales of traditional ales and Guinness.
Wed 08 May 2024 07:40
(Sharecast News) - UK insurer Direct Line on Wednesday reported a large rise in first-quarter written premiums as it hammered consumers with price hikes.
Wed 08 May 2024 07:19
(Sharecast News) - Fast-fashion retailer Boohoo reported a widening of its full-year losses on Wednesday in "challenging" trading conditions, as it was hit by inflation and weaker demand.
Wed 08 May 2024 07:19
(Sharecast News) - Lending and retail savings group OSB said on Wednesday that its Q1 financial and operational performance was "stable", with underlying net interest margins on track to meet full-year guidance.
Wed 08 May 2024 07:18
(Sharecast News) - B2B events, publishing and data group Informa has lifted its share buyback programme by 50% after announcing a strong operating performance for the first four months of the year, with revenues, profits and cash flow expected to reach the upper end of guidance.
Wed 08 May 2024 07:09
(Sharecast News) - Technical instruments maker Renishaw on Wednesday lowered the upper end of full-year guidance amid what it described as "mixed" markets as earnings fell over the first nine months of its financial year.
Tue 07 May 2024 16:11
(Sharecast News) - Shares in the Abrdn-run Asia Dragon Trust spiked on Tuesday after the £35m Ashoka Whiteoak Emerging Markets made a merger approach for its much larger rival.
Tue 07 May 2024 16:00
(Sharecast News) - Jefferies upped its target price on paper and packaging business Mondi from 1,650.0p to 1,700.0p on Tuesday following the group's first-quarter trading update.
Tue 07 May 2024 15:54
(Sharecast News) - Analysts at Berenberg hiked their target price on drugmaker Astrazeneca from 1,200.0p to 1,300.0p on Tuesday, citing the group was "instilling confidence in the revenues of tomorrow".
Tue 07 May 2024 13:55
(Sharecast News) - Investors' focus in the middle of the week will be on the latest US Treasury auction results, given concerns in some quarters regarding public debt dynamics in the world's largest economy.
Tue 07 May 2024 13:37
(Sharecast News) - Losses at Spirit AeroSystems Holdings soared in the first quarter, the Boeing supplier confirmed on Tuesday, as production slowed and inventory built up.
Tue 07 May 2024 13:20
(Sharecast News) - Lateral flow contract research, development and manufacturing provider Abingdon Health announced the acquisition of IVDeology and its subsidiaries on Tuesday, for up to £0.7m.
Tue 07 May 2024 13:14
(Sharecast News) - Video streaming specialist Aferian announced an extension of the maturity dates for its senior loan facilities and shareholder loan on Tuesday.
Tue 07 May 2024 13:08
(Sharecast News) - Healthcare services provider Totally said in an update on Tuesday that despite a challenging market environment, it had seen a solid performance in the financial year just ended thanks to the results of its strategic review.
Tue 07 May 2024 13:02
(Sharecast News) - Business software and solutions specialist AdvancedAdvT announced an agreement to acquire Celaton on Tuesday, in a deal valued at £5m net of cash acquired.
Tue 07 May 2024 12:51
(Sharecast News) - Connected television advertising technology company Nexxen International announced the start of a new share repurchase programme of up to $50m on Tuesday.
Tue 07 May 2024 12:47
(Sharecast News) - Building and support services business Northern Bear said on Tuesday that it has continued to trade well over the six months ended 31 March despite a "significantly higher rainfall than normal" during the period.
Tue 07 May 2024 12:33
(Sharecast News) - Revolution Bars said on Tuesday that it is in talks with more than 30 potential suitors in the search for a buyer to rescue the business.
Tue 07 May 2024 12:10
(Sharecast News) - Shares in driver monitoring technology company Seeing Machines were rising on Tuesday, after it reported a strong set of performance indicators for its third quarter.
Tue 07 May 2024 11:52
(Sharecast News) - Carpet retailer Carpetright is reportedly axing more than 25% of its head office staff as it grapples with a protracted downturn in trading.
Tue 07 May 2024 11:49
(Sharecast News) - The Walt Disney Company's entertainment streaming arm swung to profit in the last quarter, the US giant confirmed on Tuesday, the first time since the 2019 launch of Disney+.
Tue 07 May 2024 11:16
(Sharecast News) - Value-added electronics group Solid State has secured a $5.1m order for an internet-of-things technology solution with a US customer supplied by Solsta, its components division.
Tue 07 May 2024 11:14
(Sharecast News) - Cellular materials specialist Zotefoams announced a strategic alliance agreement with Suzhou Shincell New Materials of Suzhou, China on Tuesday.
Tue 07 May 2024 11:09
(Sharecast News) - Norcros announced on Tuesday that its electric shower specialist subsidiary Triton Showers has received the King's Award for Enterprise in the Sustainable Development category.
Tue 07 May 2024 11:06
(Sharecast News) - Technology group MTI Wireless Edge has received three orders totalling approximately $3.0m, most of which will be supplied in the current financial year.
Tue 07 May 2024 10:45
(Sharecast News) - US oil firm Kosmos Energy said on Tuesday that net production had grown in Q1 as it had "an active start to the year", continuing operational and financial momentum seen in 2023.
Tue 07 May 2024 10:45
(Sharecast News) - SDCL Energy Efficiency Income Trust (SEEIT) announced the sale of its UK onsite solar portfolio, UU Solar, to UK Power Networks Services on Tuesday, for £90.8m.
Tue 07 May 2024 10:32
(Sharecast News) - Swiss banking giant UBS announced its first quarterly profit since its takeover of Credit Suisse on Tuesday, sending its shares northward.
Tue 07 May 2024 10:16
(Sharecast News) - Flexible workspace provider IWG maintained its full-year guidance on Tuesday as it considers a US listing amid continuing margin growth and network expansion during Q1.
Tue 07 May 2024 09:30
(Sharecast News) - Oil giant Saudi Aramco has reiterated plans to pay out more than $120bn in dividends this year, despite a slide in first-quarter income.
Tue 07 May 2024 09:13
(Sharecast News) - The UK construction sector expanded in April at its fastest pace in more than a year, according to a survey released on Tuesday.
Tue 07 May 2024 08:43
(Sharecast News) - The Financial Reporting Council (FRC) imposed sanctions on three audit firms on Tuesday, following an investigation into their audits of London Capital & Finance (LCF).
Tue 07 May 2024 08:09
(Sharecast News) - Macfarlane slumped on Tuesday as the packaging supplier backed its full-year expectations but said sales and profits in the first quarter were below the same period a year earlier amid weak customer demand.
Tue 07 May 2024 08:05
(Sharecast News) - Octopus Energy has been valued at more than £7bn, it was reported on Tuesday, after two investors upped their stakes in the UK supplier.
Tue 07 May 2024 07:54
(Sharecast News) - Zalando reiterated its full-year outlook on Tuesday after the German online-only retailer posted an uptick in first-quarter volumes and swung back into the back.
Tue 07 May 2024 07:37
(Sharecast News) - An affiliate of the Apax IX Fund, in which Apax Global Alpha is a limited partner, has sold its controlling interest in Healthium MedTech, an India-based medical devices firm.
Tue 07 May 2024 07:23
(Sharecast News) - Ferrexpo reported a notable rise in production and sales volumes for the first quarter at its Ukraine subsidiary, Ferrexpo Poltava Mining (FPM), on Tuesday.
Tue 07 May 2024 07:19
(Sharecast News) - UK new car sales rose for the 21st month in a row in April, according to the Society of Motor Manufacturers and Traders, driven by increased demand for fleet vehicles.
Tue 07 May 2024 07:02
(Sharecast News) - BP reported a worse-than-expected fall in first-quarter profit on the back of lower oil and gas prices, an outage at a US refinery and "significantly weaker" fuels margins as it also started a $1.75bn share buyback.
Fri 03 May 2024 15:34
(Sharecast News) - Tissue maker Accrol Group said on Friday that it has agreed to be taken over by Navigator Paper after it made an improved and final offer that values the company at £130.8m.
Fri 03 May 2024 14:40
(Sharecast News) - TGI Fridays owner Hostmore said on Friday that it had reduced its annual losses in a "transitional" year.
Fri 03 May 2024 11:46
(Sharecast News) - Polarean Imaging announced a new polariser order to replace the research polariser at Cincinnati Children's Hospital Medical Center on Friday.
Fri 03 May 2024 11:44
(Sharecast News) - RBC Capital Markets has raised its forecasts for Shell and kept an 'outperform' rating, saying the business was "firing on most cylinders" in the quarter.
Fri 03 May 2024 11:28
(Sharecast News) - Tekmar Group announced the sale of Subsea Innovation (SIL) to Unique Group on Friday, through its subsidiary Unique System UK, for a total cash consideration of £1.9m.
Fri 03 May 2024 11:21
(Sharecast News) - Therapeutics and medicine-focussed mathematical modelling and data science company Physiomics said in an update on Friday that, despite a robust pipeline of potential new business, it had experienced delays in signing several large contracts.
Fri 03 May 2024 11:16
(Sharecast News) - Duke Capital announced a follow-on investment of £4m into its existing capital partner, BPVA Ireland, on Friday.
Fri 03 May 2024 11:12
(Sharecast News) - Media and hospitality company Time Out Group announced the opening of Time Out Market Porto in Portugal on Friday.
Fri 03 May 2024 11:02
(Sharecast News) - Prospex Energy updated the market on the Selva Malvezzi production concession in Italy on Friday, following a first-quarter activity report from Po Valley Energy (PVE).
Fri 03 May 2024 10:17
(Sharecast News) - Analysts at Berenberg raised their target price on multinational bank Standard Chartered from 1,050.0p to 1,100.0p on Friday after the group's Q1 earnings "validated" management's suggestion that the bank had experienced "an encouraging start" to the year.
Fri 03 May 2024 09:52
(Sharecast News) - Citi has reiterated its 'buy' rating for British video-game developer Team17, saying it sees significant upside to its valuation as operations stabilise.
Fri 03 May 2024 09:15
(Sharecast News) - Jefferies downgraded its stance on AJ Bell on Friday to 'hold' from 'buy' after a circa 30% rally in the shares this year.
Fri 03 May 2024 09:13
(Sharecast News) - Asda said on Friday that it has successfully refinanced more than £3.2bn of its debt, pushing out the majority of its maturities into the next decade.
Fri 03 May 2024 08:53
(Sharecast News) - French banking group Credit Agricole said on Friday that first-quarter earnings had grown as its corporate and investment banking units outperformed rivals.
Fri 03 May 2024 08:48
(Sharecast News) - Shares in French banking giant Société Générale surged on Friday after the company reiterated its full-year guidance despite a sharp drop in profits in the first quarter as it beat consensus estimates.
Fri 03 May 2024 08:39
(Sharecast News) - Europa Oil & Gas said in an update on Friday that it received communication from the North Sea Transition Authority (NSTA) regarding its application for a licence as part of the 33rd UK Offshore Licensing Round.
Fri 03 May 2024 08:26
(Sharecast News) - Triple Point Social Housing announced plans to sell part of its portfolio on Friday, following shareholder consultations.
Fri 03 May 2024 08:21
(Sharecast News) - Pollen Street Group announced positive results in the quarter ended 31 March on Friday, highlighting significant fundraising success across both its private credit and private eEquity strategies.
Fri 03 May 2024 08:21
(Sharecast News) - Britain's opposition Labour Party has no plans to revive government plans to introduce a national rail ticket website and app if it wins the next General Election, online platform Trainline said on Friday.
Fri 03 May 2024 08:09
(Sharecast News) - Adriatic Metals, the FTSE 250 precious and base metals miner, has announced that its chief financial officer is stepping down after just two years on the job.
Fri 03 May 2024 08:08
(Sharecast News) - Pennon Group worked to assure the market that its acquisition of Sutton and East Surrey Water (SES Water) would avoid a deeper competition probe on Friday, telling shareholders that it planned to offer "appropriate undertakings" to regulators.
Fri 03 May 2024 07:58
(Sharecast News) - Liquid biopsy technology firm Angle has struck a supplier deal with pharmaceutical giant AstraZeneca to develop an androgen receptor detection assay to enhance prostate cancer studies.
Fri 03 May 2024 07:52
(Sharecast News) - Warpaint London concluded an upsized placing of seven million shares on Friday, raising £31.5m in a bid to broaden its shareholder base and position it for future growth.
Fri 03 May 2024 07:49
(Sharecast News) - Glencore is reportedly studying an approach for Anglo American, a development that could spark a bidding war.
Fri 03 May 2024 07:32
(Sharecast News) - Media group Future said on Friday that it has appointed Sharjeel Suleman as chief financial officer.
Fri 03 May 2024 07:20
(Sharecast News) - Drinks group Diageo has announced that it is replacing its chief financial officer with the head of finance from Coca-Cola Europacific Partners, as it says goodbye to Lavanya Chandrashekar after three years on the board.
Fri 03 May 2024 07:20
(Sharecast News) - Paper and packaging company Mondi reported improved market conditions in its first quarter on Friday, resulting in stronger order books and increased sales volumes across a range of paper grades compared to the prior quarter.
Fri 03 May 2024 07:12
(Sharecast News) - Hotels giant InterContinental Hotels Group reported a substantial easing in revenue per available room (RevPAR) growth in the first quarter as weakness in the Americas and a big slowdown in China limited progress.
Fri 03 May 2024 07:03
(Sharecast News) - Shares in online rail ticket platform Trainline surged on Friday as it reported better-than-expected revenue along with a sharp jump in annual sales and profits, driven by competition for passengers in Spain and Italy.
Thu 02 May 2024 15:53
(Sharecast News) - Personal Group said in an update on Thursday that it had sustained positive momentum throughout the first quarter of the year, driven by enhancements in leadership and streamlined operational processes.
Thu 02 May 2024 15:43
(Sharecast News) - Goldman Sachs will remove a cap on bonuses for its London-based staff, according to Sky News, with the firm now set to resume making multi-million-pound payouts to its top-performing traders and dealmakers.
Thu 02 May 2024 15:25
(Sharecast News) - Russia's natural gas heavyweight Gazprom swung to huge loss in 2023 after sales to Europe dropped due to Western sanctions on Moscow.
Thu 02 May 2024 14:26
(Sharecast News) - Uber Technologies is facing legal action on behalf of more than 10,500 London black cab drivers, it was confirmed on Thursday.
Thu 02 May 2024 13:38
(Sharecast News) - Peloton announced the departure of its chief executive on Thursday, alongside plans to cut around 15% of its workforce amid a restructuring programme aimed at reducing annual expenses by more than $200m.
Thu 02 May 2024 13:19
(Sharecast News) - Fire technology company LifeSafe announced a significant agreement with Trinity Fire & Security Systems on Thursday, involving the supply of LifeSafe's latest line of fire extinguishers filled with multi-purpose fluid, specifically designed to combat various types of fires including lithium-ion battery fires.
Thu 02 May 2024 13:18
(Sharecast News) - The market spotlight on Friday will revert back to the U.S. jobs market, as it does early each month.
Thu 02 May 2024 13:18
(Sharecast News) - The market spotlight on Friday will revert back to the U.S. jobs market, as it does early each month.
Thu 02 May 2024 12:39
(Sharecast News) - BHP has reportedly deployed a team of senior executives to South Africa as it ramps up efforts to win over government officials, regulators and local shareholders, all of whom could yet determine the outcome of its proposed tie-up with rival Anglo American.
Thu 02 May 2024 12:00
(Sharecast News) - Shares in Hugo Boss tanked on Thursday despite first-quarter results beating forecasts, as the German fashion group reported falling sales in the key market of China.
Thu 02 May 2024 11:54
(Sharecast News) - Moderna saw its share price surge on Thursday after posting a smaller-than-expected quarterly loss as the Covid vaccine maker sets its sights on regulatory approvals of its second product later in the year.
Thu 02 May 2024 11:34
(Sharecast News) - Danish shipping and logistics giant A.P. Møller - Mærsk has lifted its 2024 profit guidance, saying that Red Sea disruptions are likely to continue for the rest of the year.
Thu 02 May 2024 11:27
(Sharecast News) - Dutch lender ING Groep said on Thursday that it will return €2.5bn to shareholders following a "very strong" first quarter.
Thu 02 May 2024 10:56
(Sharecast News) - Iron ore mining firm Ironveld has tapped Kristoffer Andersson to take over as chief executive officer.
Thu 02 May 2024 10:46
(Sharecast News) - Tertiary Minerals announced optimistic findings from a recent geophysical survey at its Brunton Pass Copper-Gold Project in Nevada on Thursday.
Thu 02 May 2024 10:40
(Sharecast News) - Irish gold and zine explorer Arkle Resources announced on Thursday that it has raised £0.27m before expenses to advance its lithium programme.
Thu 02 May 2024 10:39
(Sharecast News) - Universal Music Group has ended its boycott of social media platform TikTok after the two groups struck a new licensing deal.
Thu 02 May 2024 10:32
(Sharecast News) - Kitwave Group said in a trading update on Thursday that it was maintaining its performance in line with current market expectations for the year ending 31 October.
Thu 02 May 2024 10:25
(Sharecast News) - Building materials distributor Lords Group announced an extension to its current £95m lending facilities on Thursday.
Thu 02 May 2024 10:07
(Sharecast News) - Building products supplier SIG reported a drop in sales on Thursday amid continued "challenging" market conditions.
Thu 02 May 2024 09:50
(Sharecast News) - Luxembourg-based steel titan ArcelorMittal beat forecasts with its first-quarter profits on Thursday as it painted a positive outlook for global steel demand.
Thu 02 May 2024 09:41
(Sharecast News) - The malaise in eurozone manufacturing activity worsened last month on the back of anaemic demand despite price cuts at the factory gate, with companies axing more jobs as a result, a survey showed on Thursday.
Thu 02 May 2024 09:38
(Sharecast News) - International Personal Finance announced a solid first-quarter performance on Thursday, with customer lending rising 5% excluding Poland, with demand steadily improving as the quarter progressed.
Thu 02 May 2024 09:38
(Sharecast News) - Business process services group Capita revealed on Thursday chief financial officer Tim Weller has signalled his intention to retire from the company in August.
Thu 02 May 2024 09:22
(Sharecast News) - Danish pharmaceutical superstar Novo Nordisk beat first-quarter profit projections, it reported on Thursday, as demand for its blockbuster weight-loss drugs soared.
Thu 02 May 2024 08:59
(Sharecast News) - Gold miner Endeavour Mining on Thursday reported a drop in production and selling volumes in the first quarter, along with a big jump in costs, though adjusted profits came in line with expectations.
Thu 02 May 2024 08:58
(Sharecast News) - Morgan Sindall reiterated its full-year outlook on Thursday, on the back of solid trading at the start of the year.
Thu 02 May 2024 08:54
(Sharecast News) - Apax Global Alpha reported lower net asset value and took a €24m writedown across its private equity and debt portfolios after a poor performance at Vyaire Medical.
Thu 02 May 2024 08:42
(Sharecast News) - Grafton Group reported a 5% decrease in year-to-date revenue in an update on Thursday, to £669.2m for the period from 1 January to 21 April, with a 3.3% decline in constant currency.
Thu 02 May 2024 08:23
(Sharecast News) - Shares in publishing firm Reach rallied early on Thursday as optimistic guidance helped offset news of a decline in first-quarter revenues.
Thu 02 May 2024 08:19
(Sharecast News) - Specialist insurer and reinsurer Lancashire Holdings reported a robust first-quarter performance in an update on Thursday, as it also announced the appointment of Paul Gregory as an executive director.
Thu 02 May 2024 08:11
(Sharecast News) - Hiscox reported a rise in first-quarter written premiums on Thursday as it benefited from accelerated growth in the retail segment.
Thu 02 May 2024 08:11
(Sharecast News) - Distribution company Diploma announced the acquisition of PAR Group on Thursday for £38m.
Thu 02 May 2024 08:04
(Sharecast News) - Refractory products group RHI Magnesita reported subdued customer demand in the first quarter but said that the outlook for 2024 remains in line with expectations.
Thu 02 May 2024 07:58
(Sharecast News) - RBC Capital Markets downgraded Alpha Financial Markets on Thursday to 'sector perform' from 'outperform' following the surge in the share price a day earlier after the financial services consultancy confirmed it had been approached by two parties about a possible takeover.
Thu 02 May 2024 07:57
(Sharecast News) - Fluid engineering specialist TI Fluid Systems held guidance after first-quarter revenues fell 0.4%, in line with expectations to €847m.
Thu 02 May 2024 07:47
(Sharecast News) - Hungary-based Wizz Air reported a fall in passenger numbers in April after it was forced to ground some aircraft for engine replacement.
Thu 02 May 2024 07:45
(Sharecast News) - AstraZeneca has reported positive results from the use of its Calquence drug in a clinical trial to treat a rare type of blood cancer.
Thu 02 May 2024 07:41
(Sharecast News) - Standard Chartered backed its full-year guidance on Thursday and posted a jump in first-quarter profit as it continued to benefit from higher interest rates.
Thu 02 May 2024 07:26
(Sharecast News) - Revolution Bars confirmed on Thursday that it has held "an exploratory meeting" with Piano Works owner Nightcap about a range of possible transactions, including a potential takeover.
Thu 02 May 2024 07:20
(Sharecast News) - Aerospace tech group Melrose reported a strong start to the year with its Engines division driving group revenues higher, as it reiterated recently upgraded guidance for the full year.
Thu 02 May 2024 07:15
(Sharecast News) - The Co-operative Bank said on Thursday that its transformation plan was "materially complete" ahead of its agreed merger with Coventry Building Society.
Thu 02 May 2024 07:14
(Sharecast News) - Smurfit Kappa Group reported robust first-quarter revenue of €2.7bn in an update on Thursday, alongside EBITDA of €487m, making for an EBITDA margin of 18.0%.
Thu 02 May 2024 07:04
(Sharecast News) - Precision measurement group Spectris has kept its projections for 2024 unchanged despite a "softer-than-anticipated" first quarter, with sales falling against a strong comparative period last year.
Thu 02 May 2024 07:04
(Sharecast News) - Oil and gas giant Shell on Thursday reported much better-than-expected first-quarter earnings on the back of higher margins from crude and oil products trading and also unveiled a new $3.5bn share buyback.
Wed 01 May 2024 14:50
(Sharecast News) - Barclays has reportedly kicked off a fresh round of redundancies, cutting "a few hundred roles" at its investment bank as it looks to tackle underperformers and reinvest in new talent.
Wed 01 May 2024 13:42
(Sharecast News) - Shares in pharmacy giant CVS Health were falling on Wednesday, after its first-quarter results fell short of expectations, with both revenue and adjusted earnings missing the mark.
Wed 01 May 2024 13:41
(Sharecast News) - Mineral explorer and developer Ariana Resources announced its production guidance for 2024 from its stake in the Zenit mining operations on Wednesday.
Wed 01 May 2024 13:39
(Sharecast News) - Johnson & Johnson has proposed a $6.5bn deal to settle thousands of lawsuits claiming its talc products cause cancer, it was confirmed on Wednesday.
Wed 01 May 2024 13:34
(Sharecast News) - Safestay announced the acquisition of Hotel Lineros in Cordoba, Spain on Wednesday, for €2m.
Wed 01 May 2024 13:27
(Sharecast News) - Driver monitoring technology company Seeing Machines announced a significant extension to its generational programme with an existing North American tier-one customer and original equipment manufacturer (OEM) on Wednesday.
Wed 01 May 2024 13:22
(Sharecast News) - Mobile payment solutions specialist Boku announced the retirement of its chief financial officer Keith Butcher on Wednesday.
Wed 01 May 2024 13:18
(Sharecast News) - Textile service provider Johnson Service Group said in an update on Wednesday that in the first quarter, it recorded revenue of £114m, making for organic growth of 8.9%.
Wed 01 May 2024 12:13
(Sharecast News) - Scottish homebuilder Springfield Properties has inked a new affordable housing contract with Moray Council worth £10.1m.
Wed 01 May 2024 12:12
(Sharecast News) - Pfizer raised its full-year earnings forecast on Wednesday, on the back of solid demand for its non-Covid products.
Wed 01 May 2024 12:03
(Sharecast News) - UK veterinary service provider CVS announced the appointment of David Wilton as its new chair on Wednesday.
Wed 01 May 2024 11:56
(Sharecast News) - Industrial chains and power transmission products supplier Renold has secured a contract to manufacture flexible couplings for Batch 1 of the Canadian Surface Combatant ships for the Royal Canadian Navy, worth £10.6m.
Wed 01 May 2024 11:54
(Sharecast News) - Picton Property Income declared a 5.7% increase in its dividend on Wednesday, with the interim payment for 1 January to 31 March to be 0.925p per share, up from 0.875p per share for the three months ended 31 December.
Wed 01 May 2024 11:41
(Sharecast News) - LSL Property Services announced the appointment of Adrian Collins as non-executive chairman on Wednesday.
Wed 01 May 2024 11:41
(Sharecast News) - Shareholders in Flutter Entertainment voted on Wednesday in favour of moving the Paddy Power owner's primary listing to New York from London.
Wed 01 May 2024 11:40
(Sharecast News) - Shares in DuPont were rising strongly in pre-market trade on Wednesday after the American chemical company beat forecasts with first-quarter sales and profits and upped its full-year guidance.
Wed 01 May 2024 11:31
(Sharecast News) - Shares in financial services consultancy Alpha FMC soared nearly 40% on Wednesday after the company confirmed rumours that it has been approached by two parties about a possible takeover.
Wed 01 May 2024 11:29
(Sharecast News) - Custodian Property Income maintained a fourth-quarter dividend of 1.375p, it confirmed on Wednesday, fully covered by its EPRA earnings per share of 1.5p.
Wed 01 May 2024 11:21
(Sharecast News) - The Carlyle Group reported an above-forecast jump in earnings on Wednesday, boosted by the sale of assets.
Wed 01 May 2024 10:30
(Sharecast News) - Medical technology provider Inspiration Healthcare Group shares hit a record low early on Wednesday as it said a material export order that was due at the end of January remains outstanding.
Wed 01 May 2024 10:30
(Sharecast News) - Investors' attention on Thursday will be on a raft of factory sector purchasing managers' surveys due out in the euro area.
Wed 01 May 2024 10:20
(Sharecast News) - Shares in Trinity Exploration & Production soared on Wednesday, after it agreed to be taken over by rival Touchstone Exploration.
Wed 01 May 2024 10:14
(Sharecast News) - Technology and information business Altitude Group said on Wednesday that it has experienced "another strong year of trading" as it delivered "a transformative entrance" into the Collegiate market.
Wed 01 May 2024 10:05
(Sharecast News) - Nigel Railton, the former long-serving boss of National Lottery operator Camelot UK, has been appointed as the new chair of the Post Office, the government confirmed on Wednesday.
Wed 01 May 2024 09:31
(Sharecast News) - Luxury handbag maker Mulberry struck a cautious tone on Wednesday as it reported a drop in full-year revenues, pointing to a downturn in luxury spending.
Wed 01 May 2024 09:21
(Sharecast News) - Analysts at Berenberg lowered their target price on hardware and software manufacturer Videndum from 500.0p to 450.0p on Wednesday following the release of the group's full-year results on 23 April.
Wed 01 May 2024 09:17
(Sharecast News) - Wickes Group left its full-year outlook unchanged on Wednesday, despite "challenging" market conditions hitting sales in its design and installation business.
Wed 01 May 2024 09:10
(Sharecast News) - Consumer healthcare company Haleon said on Wednesday that it had made a "solid start to the year", posting better-than-expected Q1 profits despite seeing a fall in revenues.
Wed 01 May 2024 08:46
(Sharecast News) - Regional REIT announced two new lettings at Bennett House in Stoke-on-Trent and Delta 1200 at Delta Business Park in Swindon on Wednesday.
Wed 01 May 2024 08:36
(Sharecast News) - Computacenter warned on first-half profits on Wednesday, citing strong prior-year comparatives and challenging UK markets.
Wed 01 May 2024 08:04
(Sharecast News) - Telecommunications testing company Spirent Communications said on Wednesday that first-quarter revenues were in line with internal expectations but lower year-on-year as market conditions remained "challenging".
Wed 01 May 2024 07:43
(Sharecast News) - Safety equipment and life-saving tech group Halma has announced the acquisition of Somerset-based MK Test Systems for £44m.
Wed 01 May 2024 07:41
(Sharecast News) - Jefferies reiterated its 'buy' rating on Volution on Wednesday as it said the company's ability to drive margins higher, through both revenue mix and efficiency, is more than offsetting the challenging market backdrop to deliver ongoing earning upgrades.
Wed 01 May 2024 07:36
(Sharecast News) - UK pharmaceutical giant GSK lifted annual profits guidance on Wednesday, as it pinned its hopes on demand for its respiratory virus and shingles treatments.
Wed 01 May 2024 07:29
(Sharecast News) - Luxury carmaker Aston Martin Lagonda saw a double-digit drop in revenues and adjusted profits in the first quarter, but said that the launch of four new models should drive "significant growth" in the second half and beyond.
Wed 01 May 2024 07:13
(Sharecast News) - Smith & Nephew reported first-quarter revenue of $1.39bn in an update on Wednesday, up 2.9% year-on-year, as its orthopaedics business continued to recover.
Wed 01 May 2024 07:12
(Sharecast News) - Equipment rental firm HSS Hire said it expects results for the current year to be in line with market forecasts despite an uncertain macro environment, after it reported a sharp drop in annual profits for 2023 and the resignation of its chief financial officer.
Wed 01 May 2024 07:04
(Sharecast News) - UK fashion retailer Next said first-quarter sales came in ahead of forecasts and held guidance for the full year but warned that the next three months would be weaker due to wet spring weather.
Wed 01 May 2024 07:01
(Sharecast News) - Like-for-like sales at Domino's Pizza Group declined year-on-year in the first quarter as anticipated, but the company said it still expects to return to growth over 2024.
Tue 30 Apr 2024 17:03
(Sharecast News) - Webis, a company specialising in pool wagering and the operator of WatchandWager Cal Expo, the Californian harness track, announced the successful launch of its new website for its advanced deposit wagering (ADW) business WatchandWager.com on Tuesday.
Tue 30 Apr 2024 17:00
(Sharecast News) - Premium drinks group Distil announced a significant milestone on Tuesday, with the successful inaugural distillation of 'Blackwood' at Ardgowan Distillery.
Tue 30 Apr 2024 16:55
(Sharecast News) - Life sciences company OptiBiotix Health announced on Tuesday that its its Indian subsidiary, OptiBiotix Health India (OHI), has entered into a manufacturing agreement with KAG Industries for the supply of 'Slimbiome' products tailored for the Indian market.
Tue 30 Apr 2024 16:48
(Sharecast News) - Promotional products commerce and services specialist the Pebble Group said in a trading update on Tuesday that in the year to date, it had maintained a financial performance consistent with the same period in 2023.
Tue 30 Apr 2024 16:43
(Sharecast News) - Poolbeg Pharma announced an exclusive 12-month option agreement with Silk Road Therapeutics on Tuesday, to potentially acquire a novel topical muco-adherent formulation of Pentoxifylline (tPTX).
Tue 30 Apr 2024 16:37
(Sharecast News) - Kodal Minerals announced an amendment to its agreement with Suay Chin International on Tuesday, terminating the right of first refusal over 80% of the spodumene product from the Bougouni Lithium Project in Southern Mali.
Tue 30 Apr 2024 16:33
(Sharecast News) - Faron Pharmaceuticals announced on Tuesday that it has extended its agreement with lender IPF to ensure continued financial support as it progressed towards securing longer-term funding.
Tue 30 Apr 2024 16:26
(Sharecast News) - Jamaica and UK-focussed energy company United Oil & Gas announced a new consultancy arrangement with its non-executive director Iman Hill on Tuesday, to support the advancement of its Jamaican project.
Tue 30 Apr 2024 15:44
(Sharecast News) - Analysts at Berenberg slightly lowered their target price on business-critical services and software firm Marlowe from 720.0p to 710.0p on Tuesday but said the group's divestment of certain Governance, Risk and Compliance software and service assets had left it with a "much cleaner and simpler-to-understand equity story".
Tue 30 Apr 2024 14:21
(Sharecast News) - Deutsche Bank initiated coverage of drinks companies Fevertree and Britvic on Tuesday with 'buy' rating.
Tue 30 Apr 2024 13:54
(Sharecast News) - Spain's second-largest lender BBVA has expressed its renewed interest in a takeover of its smaller rival Banco Sabadell.
Tue 30 Apr 2024 13:49
(Sharecast News) - Fast food giant McDonald's delivered mixed first-quarter results on Tuesday as restructuring costs weighed on profits.
Tue 30 Apr 2024 13:40
(Sharecast News) - Shares in Eli Lilly jumped on Wall Street on Tuesday after the American pharma giant beat quarterly profit forecasts and hiked its full-year sales guidance by $2bn, helped by surging demand for its weight-loss drug Zepbound.
Tue 30 Apr 2024 13:39
(Sharecast News) - The Coca-Cola Company lifted its annual sales forecast on Tuesday, after first-quarter numbers at the US giant topped expectations.
Tue 30 Apr 2024 13:27
(Sharecast News) - Investors' focus in the middle of the week will be on the U.S. central bank.
Tue 30 Apr 2024 12:01
(Sharecast News) - Haleon, the British healthcare company behind brands like Sensodyne and Panadol, is expected to announce 435 job cuts over the next two years due to plans to shut its Maidenhead manufacturing plant.
Tue 30 Apr 2024 11:55
(Sharecast News) - The owner of Space NK has reportedly picked bankers to handle a sale of the high street beauty chain that is expected to fetch more than £300m.
Tue 30 Apr 2024 11:53
(Sharecast News) - Barclays is reportedly in talks with US banking giant Goldman Sachs to acquire $2bn in credit card balances from its co-branded credit programme with General Motors.
Tue 30 Apr 2024 11:45
(Sharecast News) - The Telegraph and The Spectator are to be put up for sale again after Abu Dhabi-backed suitor RedBird IMI walked away, it was confirmed on Tuesday.
Tue 30 Apr 2024 11:33
(Sharecast News) - Data solutions business SysGroup said on Tuesday that revenues had grown in the second half, offsetting a modest H1 decline.
Tue 30 Apr 2024 10:54
(Sharecast News) - Greeting cards manufacturer IG Design said on Tuesday that it had experienced "significant growth" in profit and strong cash flows in the year ended 31 March, ahead of expectations.
Tue 30 Apr 2024 10:42
(Sharecast News) - German automotive group Mercedes-Benz said on Tuesday that Q1 earnings had plummeted as it was weighed down by model changes and soft demand for electric vehicles.
Tue 30 Apr 2024 10:32
(Sharecast News) - The German economy avoided recession in the first quarter of the year, with modest 0.2% growth reported on Tuesday, surpassing analysts' expectations.
Tue 30 Apr 2024 10:11
(Sharecast News) - Metro Bank saw deposits edge up in the first quarter, the high street lender confirmed on Tuesday.
Tue 30 Apr 2024 10:07
(Sharecast News) - Trade kitchen and joinery supplier Howden Joinery reported a rise in first-quarter depot revenue on Tuesday as it hailed an "encouraging" start to the year.
Tue 30 Apr 2024 09:56
(Sharecast News) - Volkswagen's share price was in reverse on Tuesday after the German automaker reported a slow start to the year, though the company expressed its confidence in hitting full-year targets with the release of more than 30 new models.
Tue 30 Apr 2024 09:45
(Sharecast News) - Financial advisory St James's Place said on Tuesday that net inflows had more than halved in Q1 but said funds under management had grown on the back of solid investment returns.
Tue 30 Apr 2024 09:30
(Sharecast News) - Financial services business Hargreaves Lansdown said on Tuesday that it had seen "good momentum" in Q3, with inflows growing and new customers surging almost threefold throughout the period.
Tue 30 Apr 2024 08:43
(Sharecast News) - Danish brewing giant Carlsberg on Tuesday announced a DKK1.0bn (£110m) share buyback after a solid start to 2024 with strong growth in Asia and Central and Eastern Europe.
Tue 30 Apr 2024 08:34
(Sharecast News) - Shopping centre specialist Capital & Regional reported a 5% increase in like-for-like net rental income (NRI) in its full-year results for 2023 on Tuesday, as well as a 2.6% increase in like-for-like valuations compared to the prior year.
Tue 30 Apr 2024 08:30
(Sharecast News) - Banco Santander said on Tuesday that profits jumped in the first quarter, boosted by higher interest rates.
Tue 30 Apr 2024 08:24
(Sharecast News) - Specialty chemicals company Elementis said it has made a good start to the year despite the absence of a "positive step change" in demand, as it reiterated its confidence in hitting market forecasts in 2024.
Tue 30 Apr 2024 08:16
(Sharecast News) - Rotork said in a trading update on Tuesday that first-quarter order intake showed positive growth, up in the low single digits compared to the previous year, on an organic constant currency (OCC) basis.
Tue 30 Apr 2024 08:12
(Sharecast News) - Card Factory shot higher on Tuesday as it said it was resuming dividend payments and posted a jump in full-year profits.
Tue 30 Apr 2024 08:11
(Sharecast News) - IT solutions and audiovisual products distributor Northamber has acquired Tempura Technology and Tempura Communications following a share purchase agreement that was exchanged and completed on Monday.
Tue 30 Apr 2024 07:59
(Sharecast News) - Commodities miner and trader Glencore on Tuesday said first-quarter copper production fell 2% while cobalt output declined 37% due to lower production at its Mutanda mine in Congo.
Tue 30 Apr 2024 07:59
(Sharecast News) - McBride upgraded its full-year operating profit outlook on Tuesday following better-than-expected trading in the last two months.
Tue 30 Apr 2024 07:40
(Sharecast News) - The chair of Travis Perkins is to step down at the end of next month, the builders merchant announced on Tuesday, just a month after the resignation of its chief executive.
Tue 30 Apr 2024 07:40
(Sharecast News) - Telecom Plus said on Tuesday that full-year adjusted pre-tax profit was set to be towards the upper end of market expectations after a record year.
Tue 30 Apr 2024 07:38
(Sharecast News) - Bottler Coca-Cola HBC on Tuesday said first-quarter revenue beat forecasts and reiterated guidance that annual operating profit would grow further on the back of strong demand.
Tue 30 Apr 2024 07:23
(Sharecast News) - Prudential described a robust first-quarter performance in an update on Tuesday, with new business profit increasing by 11%, reaching $810m across diverse geographical markets.
Tue 30 Apr 2024 07:19
(Sharecast News) - Hospitality group Whitbread has announced a £150m share buyback and beefed up its dividend after seeing its bottom line jump by more than a third in the year to 29 February, as it unveiled plans to cut jobs as it turns underperforming restaurants into more hotels.
Tue 30 Apr 2024 07:16
(Sharecast News) - There were further signs that the eurozone was starting to turn a corner as inflation held steady at 2.4% and the single currency economy avoided recession in the first quarter of the year.
Tue 30 Apr 2024 07:03
(Sharecast News) - HSBC group chief executive Noel Quinn said he was retiring after nearly five years in the job, in a shock announcement on Tuesday.
Mon 29 Apr 2024 15:49
(Sharecast News) - Analysts at Berenberg raised their target price on banking group NatWest from 325.0p to 350.0p on Monday as it said there was "no reason" for it to trade below tangible book value.
Mon 29 Apr 2024 15:46
(Sharecast News) - Turkey-based grocery delivery app operator Getir is pulling a planned expansion that will see the loss of 1,500 jobs in the UK, as it also exits Europe and the US.
Mon 29 Apr 2024 14:27
(Sharecast News) - Mining giant BHP and its Brazilian joint venture partner have submitted a $25.7bn (£20.5bn) settlement for the collapse of a tailings dam in 2015 that killed 19 people and devastated the local community.
Mon 29 Apr 2024 14:22
(Sharecast News) - Investors' focus on Tuesday will be on a preliminary reading on euro area consumer prices covering the month of April.
Mon 29 Apr 2024 13:58
(Sharecast News) - UMB Financial Corporation said on Monday that it has agreed to buy rival Heartland Financial USA in a $2bn all-share deal.
Mon 29 Apr 2024 13:47
(Sharecast News) - Travel company Viking Holdings announced plans on Monday to expand its initial public offering (IPO) in the United States, aiming to raise up to $1.33bn.
Mon 29 Apr 2024 13:21
(Sharecast News) - German inflation registered a slight rise in April as food prices rose while energy costs fell less than expected, according to preliminary data published on Monday.
Mon 29 Apr 2024 11:00
(Sharecast News) - Puig, the Spanish fashion, cosmetics and fragrance conglomerate that's set to list on the Madrid Stock Exchange this week, has set its initial public offering (IPO) price at the top end of the range at €24.50 a share.
Mon 29 Apr 2024 10:50
(Sharecast News) - Plant-based polymer specialist Itaconix announced two new ingredients on Monday, designed to enhance the performance of household detergent formulations.
Mon 29 Apr 2024 10:26
(Sharecast News) - DP Poland, the operator of Domino's pizza stores and restaurants in Poland and Croatia, reported a robust first quarter of trading in Poland on Monday, with double-digit sales growth in both delivery and non-delivery channels.
Mon 29 Apr 2024 10:25
(Sharecast News) - Electric vehicle manufacturer Tesla looks set to team up with Beijing-based internet company Baidu in mapping and navigation functions for its advanced assisted driving features in China.
Mon 29 Apr 2024 10:21
(Sharecast News) - Chip supplier Sondrel announced the successful completion of a significant milestone in its material turnkey ASIC engagement for a tier-one OEM automotive customer on Monday.
Mon 29 Apr 2024 10:17
(Sharecast News) - Security and industrial screening specialist Image Scan announced an initial order worth £0.3m from a partner on Monday, for the supply of 'ThreatScan-AS1' portable x-ray systems as part of a framework contract secured by the partner with a European Ministry of Defence organisation.
Mon 29 Apr 2024 09:42
(Sharecast News) - Barclays downgraded JD Sports on Monday to 'equalweight' from 'overweight' and cut the price target to 140p from 165p after the retailer announced the acquisition of US rival Hibbett last week for $1.1bn.
Mon 29 Apr 2024 09:38
(Sharecast News) - The French government has floated the idea of snapping up key assets from heavily indebted technology firm Atos in an effort to keep the company within the country.
Mon 29 Apr 2024 08:44
(Sharecast News) - Petrofac tumbled on Monday as it announced a delay to the publication of its full-year results and said it may have to convert a significant proportion of its existing debt to equity.
Mon 29 Apr 2024 08:39
(Sharecast News) - Koninklijke Philips, the Dutch healthcare giant, has finally reached a settlement with US regulators over a Respironics product recall back in 2021 worth $1.1bn, causing shares to soar by more than a third on Monday morning.
Mon 29 Apr 2024 08:28
(Sharecast News) - Shares in AIM-listed Biome Technologies plummeted by almost a third on Monday after the bioplastics and radio frequency technology business reported a poor start to the year with first-quarter sales dropping by 44%.
Mon 29 Apr 2024 08:22
(Sharecast News) - Fire suppression specialist Zenova Group announced a two-year contract for 200,000 litres of its FP coating on Monday, with Drips and Sparks.
Mon 29 Apr 2024 08:15
(Sharecast News) - Betting and gambling giant Entain announced the successful repricing of two of its existing 'Term Loan B' loans on Monday, along with the pricing and allocation of fungible add-ons, in a bid to optimise its financial position.
Mon 29 Apr 2024 08:09
(Sharecast News) - Cell and gene therapy contract development and manufacturing organisation (CDMO) Oxford Biomedica reported stability in its core business on Monday, with a small increase in full-year core revenue for 2023, despite a 36% decrease in total revenue to £89.5m.
Mon 29 Apr 2024 08:06
(Sharecast News) - N Brown said on Monday that chairman Ron McMillan will be retiring and stepping down from the board with effect from 30 April for personal reasons.
Mon 29 Apr 2024 08:03
(Sharecast News) - Ultimate Products, the parent of homeware brands including Salter and Beldray, announced a change in its leadership on Monday, with James 'Jim' McCarthy deciding to step down as non-executive chair from 31 July.
Mon 29 Apr 2024 08:01
(Sharecast News) - Sports Direct owner Frasers Group launched a new share buyback programme on Monday, with the business set to repurchase up to £80.0m worth of ordinary shares.
Mon 29 Apr 2024 07:57
(Sharecast News) - Infrastructure company Digital 9 Infrastructure announced a significant step towards strengthening its financial position on Monday, with the receipt of a deferred consideration payment of $25m (£20m) related to the sale of the Verne Global group, as announced on 15 March.
Mon 29 Apr 2024 07:55
(Sharecast News) - Supermarket Income REIT said on Monday that it has bought a portfolio of Carrefour supermarkets in France through a sale and leaseback transaction for €75.3m.
Mon 29 Apr 2024 07:45
(Sharecast News) - Endeavour Mining said it had poured first gold from the Sabodala-Massawa BIOX Expansion project in Senegal on April 18.
Mon 29 Apr 2024 07:32
(Sharecast News) - Activist investor Gatemore Capital Management said on Monday that Elementis was an attractive company that has "lost its direction" as it called for the chief executive to be replaced.
Mon 29 Apr 2024 07:26
(Sharecast News) - Consulting and engineering business Wood Group has created a new executive role of chief strategy officer to look after things like sustainability and corporate development.
Mon 29 Apr 2024 07:24
(Sharecast News) - AstraZeneca issued favourable updates on two of its breast cancer treatments on Monday - 'Truqap', or capivasertib, and 'Enhertu', or trastuzumab deruxtecan - following encouraging results from respective phase three trials.
Mon 29 Apr 2024 07:16
(Sharecast News) - Kosmos Energy announced the refinancing of its reserve-based lending (RBL) facility on Monday, with its final maturity now set for December 2029.
Mon 29 Apr 2024 07:08
(Sharecast News) - Insurance group Beazley said that first-quarter results were in line with guidance with insurance written premiums (IWP) growing at high single digits.
Mon 29 Apr 2024 07:02
(Sharecast News) - Music rights owner Hipgnosis said it it agreed terms on a $1.57bn (£1.26bn) takeover by private equity investor Blackstone, in the latest tit-for-tat battle with rival Concord.
Fri 26 Apr 2024 15:05
(Sharecast News) - Smart buildings, architectural and design services specialist Aukett Swanke said in an update on Friday that, as outlined in its recent financial statements, it maintained a robust pipeline of interest, although a number of projects had been pushed back.
Fri 26 Apr 2024 15:03
(Sharecast News) - Cellular agriculture investor Agronomics announced on Friday that its portfolio company Solar Foods had raised an additional €8m through Finnish investment organiser Springvest.
Fri 26 Apr 2024 11:44
(Sharecast News) - Analysts at Berenberg raised their target price on bakery chain Greggs from 3,550.0p to 3,990.0p on Friday as it noted that customer appeal had broadened as its market share was expanding.
Fri 26 Apr 2024 11:21
(Sharecast News) - More than half a million UK business are fighting for survival, according to an industry research published on Friday, weighed down by the weak economy.
Fri 26 Apr 2024 10:40
(Sharecast News) - Security technology business Thruvision said on Friday that adjusted underlying losses had widened in FY24 as revenues fell.
Fri 26 Apr 2024 10:27
(Sharecast News) - Shares in CVC Capital Partners sparked on Friday, as trading got underway in the European private equity firm.
Fri 26 Apr 2024 09:45
(Sharecast News) - Contract proteomics service Proteome Sciences has secured a contract win from a US biopharmaceutical company using the company's mass spectrometry services for the analysis of samples for an on-going clinical trial.
Fri 26 Apr 2024 09:38
(Sharecast News) - Bar and restaurant operator Loungers said on Friday that it had seen continued strong like-for-like sales growth in the 53 weeks ended 21 April and now expects full-year underlying earnings to come in ahead of expectations.
Fri 26 Apr 2024 09:32
(Sharecast News) - Jefferies has hiked its target price for Pensionbee by more than 60% after first-quarter results came in ahead of expectations, saying the pension provider has a large market opportunity to expand in the US.
Fri 26 Apr 2024 09:17
(Sharecast News) - Shore Capital has reiterated its 'buy' rating on UK banking group NatWest after a forecast-beating first quarter, but said it sees the least amount of upside potential in the stock compared with the wider banking sector.
Fri 26 Apr 2024 09:00
(Sharecast News) - Intellectual property investor Tekcapital announced on Friday that its investee Innovative Eyewear, the developer of ChatGPT-enabled smart eyewear under various brands, was launching its 'Lucyd' smart frames in 10 selected New Look Vision Group stores across Quebec and at New Look's online store.
Fri 26 Apr 2024 08:53
(Sharecast News) - Specialist currency and asset manager Record said in a trading update on Friday that in the 2024 financial year, its assets under management equivalent (AUME) jumped 17% to $102.2bn.
Fri 26 Apr 2024 08:47
(Sharecast News) - Low-cost gym operator the Gym Group announced on Friday that it has enlisted the expertise of Savills to assist in its site selection process, as it embarked on a strategic expansion plan.
Fri 26 Apr 2024 08:42
(Sharecast News) - Darktrace announced on Friday that the newly-formed Thoma Bravo entity, Luke Bidco, had agreed to acquire it in an all-cash deal.
Fri 26 Apr 2024 08:32
(Sharecast News) - Sainsbury's kicked off its share buyback programme on Friday, having announced it on 7 February, aiming to repurchase up to £200m of shares by the end of the current financial year.
Fri 26 Apr 2024 08:18
(Sharecast News) - Carnival announced on Friday that it has concluded its private offering of €500m in 5.75% senior unsecured notes, due 2030.
Fri 26 Apr 2024 08:13
(Sharecast News) - French energy major TotalEnergies reported a slide in quarterly income on Friday, after gas prices softened.
Fri 26 Apr 2024 08:12
(Sharecast News) - Pantheon International reported a 0.9% month-on-month improvement in its unaudited net asset value per share in March on Friday, to 488.1p, as its total net asset value stood at £2.3bn.
Fri 26 Apr 2024 08:08
(Sharecast News) - Construction materials distributor Brickability said on Friday that its Q4 trading performance continued to reflect "lower levels of demand" for bricks and associated building products seen throughout the first nine months of the year.
Fri 26 Apr 2024 07:42
(Sharecast News) - Redde Northgate is seeking approval to change its name to Zigup, the mobility specialist confirmed on Friday.
Fri 26 Apr 2024 07:38
(Sharecast News) - Aerospace and defence components manufacturer Senior said on Friday that trading over the first quarter has been in line with expectations with strong growth in commercial aerospace, as it held on to guidance for the full year.
Fri 26 Apr 2024 07:18
(Sharecast News) - GCP Infrastructure Investments announced the successful disposed of its interest in loan notes secured against the Blackcraig Wind Farm in Dumfries and Galloway, Scotland on Friday.
Fri 26 Apr 2024 07:12
(Sharecast News) - Pearson reported an in-line performance for the first quarter and reiterated its full-year guidance.
Fri 26 Apr 2024 07:04
(Sharecast News) - Anglo American on Friday rejected an "opportunistic" £31bn bid from rival miner BHP, saying it significantly undervalued the company.
Fri 26 Apr 2024 07:01
(Sharecast News) - First-quarter profits fell at NatWest Group, the banking group confirmed on Friday, although the decline was less than expected.
Thu 25 Apr 2024 15:28
(Sharecast News) - RBC Capital Markets lifted its price target on Jet2 on Thursday to 2,000p from 1,950p following the company's trading statement a day earlier.
Thu 25 Apr 2024 15:25
(Sharecast News) - US pending home sales unexpectedly improved in March, according to the National Association of Realtors.
Thu 25 Apr 2024 15:17
(Sharecast News) - US drugmaker Bristol Myers Squibb on Thursday announced plans to cut its workforce by 6% as part of a $1.5bn cost-savings programme, as it reported better-than-expected results for the first quarter.
Thu 25 Apr 2024 15:03
(Sharecast News) - Shares in Southwest Airlines plummeted on Thursday after the carrier announced plans to pull out of four airports to improve its financial performance, as it reported a wider-than-expected loss for the first quarter and trimmed its annual guidance.
Thu 25 Apr 2024 14:46
(Sharecast News) - Dispute avoidance and resolution consultancy Driver Group said in a trading update on Thursday that it expected to report revenue of £22.5m for its first half, slightly down from £24.2m a year earlier.
Thu 25 Apr 2024 14:01
(Sharecast News) - Financial markets' attention at the end of the week would be squarely on the latest inflation data out of the States.
Thu 25 Apr 2024 13:24
(Sharecast News) - French banking giant BNP Paribas delivered an increase in profits in its first quarter on stable revenues, as it reiterated its guidance for the full year.
Thu 25 Apr 2024 12:33
(Sharecast News) - Greek industrial and energy company Mytilineos said on Thursday that it was considering a potential secondary listing on the London Stock Exchange.
Thu 25 Apr 2024 12:19
(Sharecast News) - Deutsche Bank posted a jump in first-quarter pre-tax profit on Thursday, underpinned by a solid performance from investment banking.
Thu 25 Apr 2024 11:30
(Sharecast News) - Professional services firm Norman Broadbent said on Thursday that net fee income had dropped in the three months ended 31 March.
Thu 25 Apr 2024 11:14
(Sharecast News) - Radiation and bio-detection technology Kromek Group has secured a contract with an unnamed "US federal entity" for the provision of nuclear security products.
Thu 25 Apr 2024 11:07
(Sharecast News) - Credit hire and legal services provider Anexo Group has tapped Mark Bringloe to take over as chief financial officer.
Thu 25 Apr 2024 10:35
(Sharecast News) - Numis has trimmed its target price for Schroders after first-quarter results from the asset management firm were "a little weaker than expected".
Thu 25 Apr 2024 10:26
(Sharecast News) - Micron Technology has secured more than $6bn in direct funding from the US government to help build leading-edge chip factories, it was announced on Thursday.
Thu 25 Apr 2024 10:19
(Sharecast News) - Business intelligence provider Vianet Group said on Thursday that recurring revenues and adjusted underlying earnings had improved in the year ended 31 March, with progress within the unattended retail and hospitality divisions being "particularly strong".
Thu 25 Apr 2024 10:16
(Sharecast News) - Eco Animal Health said in an update on Thursday that, despite initial foreign exchange challenges, its revenue for the year surpassed market expectations, reaching almost £90m, compared to the anticipated £88.7m.
Thu 25 Apr 2024 10:10
(Sharecast News) - Empire Metals unveiled analytical lab results from an initial 18 reverse circulation (RC) drillholes at the Pitfield Project in Western Australia on Thursday.
Thu 25 Apr 2024 10:09
(Sharecast News) - Derwent London said on Thursday that it has exchanged contracts with investment manager Titan Investors for the sale of its 70,300 sq ft freehold interest in Turnmill EC1 for £77.35m.
Thu 25 Apr 2024 10:07
(Sharecast News) - Biotechnology company Puretech Health said on Thursday that 2023 had been "a landmark year" for the group, making "strong strategic and clinical progress".
Thu 25 Apr 2024 10:01
(Sharecast News) - Cordel Group announced a deal with a major national railway in the Asia-Pacific region on Thursday, entailing a 12-week paid trial of its forward-facing video solution (FFV) alongside the provision of LiDAR data to explore other potential applications such as vegetation management and clearance assessments.
Thu 25 Apr 2024 10:00
(Sharecast News) - Shares in Nestle came under pressure on Thursday, after the Swiss food giant missed first-quarter sales estimates.
Thu 25 Apr 2024 09:59
(Sharecast News) - Recycling specialist Renewi reiterated full-year guidance on Thursday, following "strong" performances in a number of divisions.
Thu 25 Apr 2024 09:52
(Sharecast News) - Mongolia-focussed oil company Petro Matad said in an update on Thursday that it was actively engaged with local government agencies to secure the necessary approvals from Matad District to kickstart its 2024 operational programme.
Thu 25 Apr 2024 09:42
(Sharecast News) - Moonpig tumbled on Thursday after a number of shareholders placed around 25m shares in the company at 160p each, which is a discount of just under 10% to the closing price a day earlier.
Thu 25 Apr 2024 09:30
(Sharecast News) - Engineering and manufacturing business Senior has secured a contract extension with Spirit AeroSystems for the supply of large diameter precision formed and machined structural components for Boeing aircraft programmes.
Thu 25 Apr 2024 09:17
(Sharecast News) - Commercial road transportation payments and mobility technology company WAG Payment Solutions reported a robust performance in the March quarter on Thursday, with net revenue jumping 31% to €68.4m, driven by sustained organic growth and contributions from the Inelo acquisition.
Thu 25 Apr 2024 09:12
(Sharecast News) - Business information and analytics specialist Relx reaffirmed its full-year outlook in an update on Thursday, alongside a strong start to the year across all four business areas, driven by an ongoing shift towards higher-growth analytics and decision tools.
Thu 25 Apr 2024 09:11
(Sharecast News) - Budget airline Wizz Air has said that it is "trading positively" into the summer with operating margins expected to improve this year, as it reported that annual profits for the year ended 31 March would be in line with previous guidance.
Thu 25 Apr 2024 09:06
(Sharecast News) - Drax Group reported strong system support and generation performance in a first-quarter update on Thursday, with its expectations for full-year adjusted EBITDA remaining in line with analysts' consensus estimates.
Thu 25 Apr 2024 08:56
(Sharecast News) - Addiction treatment specialist Indivior reported double-digit net revenue growth for the first quarter on Thursday, with total net revenue rising 12% year-on-year to $284m, as it confirmed its intention to shift its primary listing to the United States.
Thu 25 Apr 2024 08:38
(Sharecast News) - AstraZeneca posted better-than-expected revenues and profit for the first quarter of 2024 with both the company and analysts highlighting its drug pipeline.
Thu 25 Apr 2024 08:31
(Sharecast News) - Weir Group said in a trading update on Thursday that order progression in its first quarter matched expectations as it maintained its guidance for the year.
Thu 25 Apr 2024 08:19
(Sharecast News) - Shares in Inchcape surged on Thursday as the car dealer reiterated its annual outlook after a 5% rise in first-quarter revenues.
Thu 25 Apr 2024 08:02
(Sharecast News) - Cleaning firm React Group said on Thursday that revenues and profits had both grown in the six months ended 31 March.
Thu 25 Apr 2024 08:02
(Sharecast News) - Schroders reported an uptick in first-quarter assets under management on Thursday.
Thu 25 Apr 2024 08:01
(Sharecast News) - Pharmaceuticals group Hikma said it has made a "strong and encouraging start" to 2024, with all three business segments performing well, as it held on to guidance for the year.
Thu 25 Apr 2024 07:54
(Sharecast News) - Building products supplier Travis Perkins said first quarter revenue fell 3.7% as weak demand in the construction sector continued to impact trading.
Thu 25 Apr 2024 07:47
(Sharecast News) - Building products manufacturer Ibstock said on Thursday that sales volumes in the first quarter were lower than expected as activity in residential markets remained subdued.
Thu 25 Apr 2024 07:41
(Sharecast News) - UK housebuilder Persimmon saw a 10% drop in new home completions in the first quarter, but said it experienced an improvement in sales rates and "firm pricing".
Thu 25 Apr 2024 07:41
(Sharecast News) - UK advertising agency WPP on Thursday said revenues fell 1.4% as it lost a healthcare client and spending by technology companies was cut back.
Thu 25 Apr 2024 07:39
(Sharecast News) - London Stock Exchange Group reported a a strong start to the year in a trading update on Thursday, with solid first-quarter performance across its business divisions.
Thu 25 Apr 2024 07:31
(Sharecast News) - WH Smith said on Thursday that it was on track to deliver on expectations for the year after a "good" first half.
Thu 25 Apr 2024 07:25
(Sharecast News) - Consumer products giant Unilever maintained its full-year guidance after a solid first quarter, which saw all five business divisions contributing to underlying sales growth.
Thu 25 Apr 2024 07:18
(Sharecast News) - UK supermarket chain Sainsbury's said it expected to grow profits by 5-10% this year after delivering better-than-expected earnings for 2023/24.
Thu 25 Apr 2024 07:03
(Sharecast News) - PPHE Hotel Group reported first-quarter revenue of £77m in an update on Thursday, marking an impressive 11.9% year-on-year increase.
Thu 25 Apr 2024 07:01
(Sharecast News) - Barclays Bank reported a 12% fall in first-quarter profit on lower income as customers shopped around for better savings rates and mortgage deals.
Thu 25 Apr 2024 06:39
(Sharecast News) - Anglo American surged on Thursday after it received an unsolicited non-binding and highly conditional £31.1bn all-share takeover proposal from Australia's BHP Group - a deal that would create the world's largest miner and copper producer.
Wed 24 Apr 2024 15:09
(Sharecast News) - Ondine Biomedical reported significant growth in a trading update on Wednesday, with revenues doubling to $1.2m in 2023, driven by expanded hospital deployments of 'Steriwave'.
Wed 24 Apr 2024 14:20
(Sharecast News) - Shares in Allfunds Group fell sharply on Wednesday on a report the European fund distribution platform had abandoned talks on a potential sale.
Wed 24 Apr 2024 13:31
(Sharecast News) - Decision intelligence software specialist ActiveOps said in an update on Wednesday that it anticipated group revenue to reach about £26.8m for the financial year just ended, marking a 5% increase from the prior year.
Wed 24 Apr 2024 13:25
(Sharecast News) - Clean water and air technology specialist MyCelx Technologies said in an update on Wednesday that, following the successful sale of its Saudi Arabian business operations in the first quarter, it had redirected internal resources towards advancing its marketing and sales plan for its technologies in the PFAS remediation and enhanced oil recovery (EOR) markets.
Wed 24 Apr 2024 13:19
(Sharecast News) - Consumer goods specialist Supreme announced a record financial performance for the year ended 31 March in a trading update on Wednesday.
Wed 24 Apr 2024 13:15
(Sharecast News) - SpaceandPeople announced the renewal of the agreement between its German subsidiary POP Retail and GB Service, trading as ECE, on Wednesday.
Wed 24 Apr 2024 13:12
(Sharecast News) - Concurrent Technologies announced a $1.57m contract with a major global US prime contractor on Wednesday, for the supply of commercial-off-the-shelf (COTS) products and testing services as part of the contractor's technology upgrade programme.
Wed 24 Apr 2024 13:07
(Sharecast News) - Liquid biopsy specialist Angle announced a supplier agreement with AstraZeneca on Wednesday to develop and validate a methodology using Angle's existing DNA damage response (DDR) assay for the detection of micronuclei in circulating tumour cells (CTCs) as a measure of DDR.
Wed 24 Apr 2024 12:44
(Sharecast News) - PetroTal announced updates to its leadership team on Wednesday, with Camilo McAllister appointed as its new executive vice-president and chief financial officer.
Wed 24 Apr 2024 12:37
(Sharecast News) - Transport technology provider Tracsis reported first-half revenue of £36.6m on Wednesday, reflecting a decrease of 6.7% year-on-year.
Wed 24 Apr 2024 12:26
(Sharecast News) - Griffin Mining announced a significant milestone in its sustainability strategy on Wednesday, as its subsidiary Hebei Hua Ao Mining Industry Company (HHA), inked an agreement with Zhangjiakou Guoao New Energy (ZGNE) to exclusively use energy generated from two 6.3MW wind turbines, collectively generating 12.6MW of wind power, at the Caijiaying Mine.
Wed 24 Apr 2024 12:21
(Sharecast News) - Serica Energy reported a shift in average realised sales prices in its final results on Wednesday, with post-hedging prices averaging around $63 per barrel of oil equivalent for 2023, a decrease from $104 in 2022.
Wed 24 Apr 2024 12:12
(Sharecast News) - Morgan Advanced Materials updated the market on its financial goals on Wednesday, as it aimed to surpass organic revenue growth rates through a combination of organic expansion, strategic mergers and acquisitions, and shareholder value creation.
Wed 24 Apr 2024 12:08
(Sharecast News) - Beleaguered French retailer Casino Guichard-Perrachon is to cut up to 3,200 jobs as part of wide-reaching overhaul.
Wed 24 Apr 2024 11:57
(Sharecast News) - Investors' attention on Thursday will be on a first reading for U.S. gross domestic product growth during the first quarter.
Wed 24 Apr 2024 11:34
(Sharecast News) - Analysts at Canaccord Genuity raised their target price on oil and gas extraction firm Star Energy from 55.0p to 66.0p on Wednesday, taking account of new commodity assumptions.
Wed 24 Apr 2024 11:33
(Sharecast News) - Over at Berenberg, analysts hiked their target price on software firm Microlise Group from 170.0p to 210.0p on Wednesday after the company published its in-line full-year results earlier in the month.
Wed 24 Apr 2024 10:56
(Sharecast News) - Filtronic's shares rocketed after announcing that it had entered into a supply agreement with SpaceX.
Wed 24 Apr 2024 10:40
(Sharecast News) - Music instruments retailer Gear4music said on Wednesday that its full-year performance was in line with market expectations, having delivered both gross margin and profitability improvements.
Wed 24 Apr 2024 10:15
(Sharecast News) - Investment firm Apax Global Alpha said on Wednesday that it intends to invest roughly €8.0m in order to acquire research and advisory services business IANS.
Wed 24 Apr 2024 10:03
(Sharecast News) - Soft drinks group Nichols has held on to full-year forecasts despite a mixed performance in the first quarter which saw group revenues fall nearly 6%.
Wed 24 Apr 2024 09:40
(Sharecast News) - Warpaint - the owner of the W7 and Technic brands - hailed record full-year sales and profits on Wednesday following "significant" growth in all its geographic regions.
Wed 24 Apr 2024 09:27
(Sharecast News) - Construction material group Breedon said on Wednesday that trading had been impacted by wet weather conditions throughout the first three months of the year, leading to a fall in quarterly revenues.
Wed 24 Apr 2024 09:24
(Sharecast News) - Heineken posted a rise in quarterly revenues and volumes on Wednesday, despite a "challenging and uncertain" economic outlook.
Wed 24 Apr 2024 09:21
(Sharecast News) - Drugmaker GSK said on Wednesday that the US Food and Drug Administration has accepted a supplemental Biologics License Application for Jemperli, its drug aimed at treating endometrial cancer.
Wed 24 Apr 2024 09:17
(Sharecast News) - Wealth management firm Quilter saw shares rise on Wednesday after reporting that improving equity markets drove a strong performance in the first quarter.
Wed 24 Apr 2024 08:13
(Sharecast News) - Mitie shares slumped on Wednesday after investment fund Alchemy sold 40m shares in the outsourcing and energy services company in a placing.
Wed 24 Apr 2024 08:13
(Sharecast News) - Investment manager Abrdn recorded net inflows of £800m in the first quarter of the year, driven by stronger markets.
Wed 24 Apr 2024 08:09
(Sharecast News) - Package holidays provider Jet2 warned on Wednesday that pricing had become more competitive in recent months but said summer bookings had grown year-on-year.
Wed 24 Apr 2024 08:05
(Sharecast News) - Shares in silver miner Fresnillo dipped on Wednesday after the company reported a drop in both gold and silver output over the first three months of the year.
Wed 24 Apr 2024 07:55
(Sharecast News) - UK insurer Aviva said it aimed to deliver £100m of health operating profit by 2026.
Wed 24 Apr 2024 07:50
(Sharecast News) - Croda backed its full-year profit guidance on Wednesday despite a decline in first-quarter sales, as it hailed an "encouraging" start to the year for the consumer care business.
Wed 24 Apr 2024 07:45
(Sharecast News) - Heathrow posted an historic surge in passenger numbers on Wednesday, but warned that current government policies were "curtailing" the UK's competitiveness.
Wed 24 Apr 2024 07:41
(Sharecast News) - The chief financial officer of consumer health company Haleon is to step down after three years and will be replaced by Tate & Lyle's CFO Dawn Allen.
Wed 24 Apr 2024 07:38
(Sharecast News) - PZ Cussons said on Wednesday that it was planning to sell the St Tropez tanning brand and is reviewing its operations in Africa, as it backed its profit outlook for 2024.
Wed 24 Apr 2024 07:32
(Sharecast News) - International distribution and services group Bunzl said revenue in the first quarter fell 2.4% on a constant currency basis, driven by lower volumes in its US foodservice redistribution business, American retail customers clearing inventory and deflation.
Wed 24 Apr 2024 07:07
(Sharecast News) - Consumer goods giant Reckitt Benckiser said on Wednesday that it was on track to deliver its full-year revenue and profit targets as it posted a rise in first-quarter like-for-like net sales.
Wed 24 Apr 2024 07:06
(Sharecast News) - Precious metals miner Hochschild Mining said in an update on Wednesday that it extracted 45,937 ounces of gold and two million ounces of silver in its first quarter, totaling 69,758 gold equivalent ounces and 5.8 million silver equivalent ounces.
Wed 24 Apr 2024 07:02
(Sharecast News) - Lloyds Bank held annual guidance despite a 28% fall in first-quarter profits due to lower net interest income and higher operating expenses, as competition for mortgages and savings squeezed margins.
Tue 23 Apr 2024 15:30
(Sharecast News) - Tesla is set to trim around 400 positions at its German gigafactory near Berlin, it emerged on Tuesday, accounting for 3% of the factory's total workforce.
Tue 23 Apr 2024 15:28
(Sharecast News) - American transport and logistics giant United Parcel Service saw shares rise on Tuesday after quarterly profits beat analysts' forecasts, even though revenues fell more than expected.
Tue 23 Apr 2024 15:19
(Sharecast News) - Investors in grocery delivery app Getir, which at one point attained a valuation of almost £10bn, are reportedly set to inject yet more money into the company to fund its exit from the UK and Europe.
Tue 23 Apr 2024 15:09
(Sharecast News) - Bushveld Minerals updated the market on mineral resources and reserves for the Vametco vanadium mine near Brits on the Western Limb of the Bushveld Complex on Tuesday.
Tue 23 Apr 2024 15:06
(Sharecast News) - Power Metal Resources announced the completion of drillhole DDH1-14C at its Molopo Farms Complex project in southwestern Botswana on Tuesday.
Tue 23 Apr 2024 12:09
(Sharecast News) - US auto giant General Motors on Tuesday lifted its profit and cash flow guidance for the full year after a strong first quarter in which it beat market forecasts.
Tue 23 Apr 2024 12:02
(Sharecast News) - Software-as-a-service technology company Itim Group has inked an additional professional services contract with toy retailer The Entertainer.
Tue 23 Apr 2024 11:55
(Sharecast News) - US soft drinks and snack firm PepsiCo reported a rise in first-quarter earnings and sales on Tuesday, underpinned by a strong international performance.
Tue 23 Apr 2024 11:45
(Sharecast News) - Exploration firm Baron Oil said on Tuesday the chairman John Wakefield has stepped down from the board as it made a series of changes to its governing structure.
Tue 23 Apr 2024 11:42
(Sharecast News) - Music streaming service Spotify missed its own active user estimates in the first quarter but reported a 20% rise in revenue.
Tue 23 Apr 2024 11:36
(Sharecast News) - Subsurface resources location company Getech has won a new contract with Kazakhstan-focussed copper exploration business East Star Resources.
Tue 23 Apr 2024 10:43
(Sharecast News) - The market spotlight on Wednesday will be firmly on the U.S., as the latest quarterly results from the country's tech heavyweights continue to roll in.
Tue 23 Apr 2024 10:29
(Sharecast News) - RBC Capital Markets has slashed its target price for Watches of Switzerland Group ahead of its full-year trading update next month, projecting a "tough" luxury watch market.
Tue 23 Apr 2024 10:21
(Sharecast News) - 88 Energy announced its intention to raise up to AUD 9.8m (£5.23m) on Tuesday, to strengthen its balance sheet and provide capital for ongoing projects.
Tue 23 Apr 2024 10:03
(Sharecast News) - Swiss pharmaceutical giant Novartis raised its full-year guidance Tuesday after beating expectations in its first quarter.
Tue 23 Apr 2024 09:57
(Sharecast News) - Language, content and intellectual property technology firm RWS Holdings reported a 2% decline in organic constant currency revenue in a first-half trading update on Tuesday, showing an improving trend compared to the prior year.
Tue 23 Apr 2024 09:54
(Sharecast News) - Jefferies upgraded Reckitt Benckiser to 'hold' from 'underperform' on Tuesday and lifted the price target to 4,400p from 4,100p.
Tue 23 Apr 2024 09:49
(Sharecast News) - Transport testing, simulation and measurement specialist AB Dynamics reported an 8% increase in first-half revenue on Tuesday, to £52.3m.
Tue 23 Apr 2024 09:47
(Sharecast News) - French carmaker Renault beat forecasts with its first-quarter results, though shares fell as sales from the automotive division were held back by currency movements.
Tue 23 Apr 2024 09:42
(Sharecast News) - Build-to-rent specialist Watkin Jones said on Tuesday that the underlying operating residential rental market "continues to perform well" throughout H1 and named a new chief financial officer.
Tue 23 Apr 2024 09:41
(Sharecast News) - Accesso Technology Group launched its 'Accesso ShoWare' software-as-a-service (SaaS) ticketing suite to the UK market on Tuesday.
Tue 23 Apr 2024 09:38
(Sharecast News) - Iron ore pellets producer Ferrexpo said on Tuesday that production levels had significantly increased during the three months ended 31 March despite experiencing more conscriptions from its workforce throughout the quarter.
Tue 23 Apr 2024 08:57
(Sharecast News) - UK households collectively saved £1.3bn on supermarket deals over the last four weeks, equating to £46 per household, according to fresh industry data released on Tuesday.
Tue 23 Apr 2024 08:55
(Sharecast News) - Business activity in the eurozone grew at the fastest pace for nearly a year in April, according to preliminary data released on Tuesday.
Tue 23 Apr 2024 08:41
(Sharecast News) - Technology-focussed venture capital firm Molten Ventures reported a resilient portfolio performance in a full-year trading update on Tuesday, with the gross portfolio value (GPV) expected to reach £1.377bn.
Tue 23 Apr 2024 08:35
(Sharecast News) - Content creation hardware and software company Videndum reported a challenging 2023 on Tuesday, impacted by writer and actor strikes in the US and a difficult macroeconomic environment, and destocking.
Tue 23 Apr 2024 08:01
(Sharecast News) - Software firm GB Group said on Tuesday that it had made a "strong finish to the year", with adjusted operating profits coming in above expectations.
Tue 23 Apr 2024 07:59
(Sharecast News) - Citi said on Tuesday that it remains 'overweight' UK banks, with HSBC and Barclays its top picks, but Standard Chartered its least preferred.
Tue 23 Apr 2024 07:52
(Sharecast News) - Connectivity solutions group Alphawave IP has said that trading has got off to a good start in 2024 as it delivered full-year results in line with recently reduced guidance following a profit warning last week.
Tue 23 Apr 2024 07:37
(Sharecast News) - THG posted a jump in first-quarter revenue on Tuesday as it hailed a "standout" performance in the beauty business.
Tue 23 Apr 2024 07:37
(Sharecast News) - Jupiter Fund Management shares fell on Tuesday as the investment firm saw net outflows of £1.6bn during the first quarter.
Tue 23 Apr 2024 07:31
(Sharecast News) - UK housebuilder Taylor Wimpey said it has made a solid start to the year with the market continuing to stabilise, with good levels of visitors to selling sites.
Tue 23 Apr 2024 07:14
(Sharecast News) - Anglo American reported relatively flat group production in the first quarter on Tuesday as rising copper production was offset by sliding diamond output.
Tue 23 Apr 2024 07:03
(Sharecast News) - Primark owner Associated British Foods posted a jump in interim profit and revenue on Tuesday as it lifted its full-year profit outlook.
Tue 23 Apr 2024 07:01
(Sharecast News) - JD Sports Fashion on Tuesday said it was buying US sports fashion retailer Hibbett for $1.08bn (£878m).
Tue 23 Apr 2024 07:01
(Sharecast News) - Britain's private sector saw robust expansion in April, according to fresh data on Tuesday, marking the sixth consecutive month of growth.
Mon 22 Apr 2024 15:08
(Sharecast News) - CoStar, a US provider of online real estate marketplaces, information and analytics in the property markets, said on Monday that it has agreed to buy Matterport in a $1.6bn deal.
Mon 22 Apr 2024 14:35
(Sharecast News) - Self-storage operator Lok'nStore Group reported a 4.3% increase in revenue in its interim results on Monday, to £14.17m, with headline self-storage revenue rising 4.9% to £13.33m.
Mon 22 Apr 2024 14:33
(Sharecast News) - Challenger consultancy Elixirr International reported a solid financial upswing in its final results on Monday, with revenue up 20% year-on-year at £85.9m.
Mon 22 Apr 2024 11:47
(Sharecast News) - Royal Mail owner International Distributions Services' third-largest shareholder said the company was "vulnerable to corporate predators" as a result of obligations requiring it to deliver letters six days a week.
Mon 22 Apr 2024 11:33
(Sharecast News) - Jefferies upgraded its stance on a host of UK retail stocks on Monday.
Mon 22 Apr 2024 10:45
(Sharecast News) - UK-listed defence peers BAE Systems and QinetiQ could both benefit from the recent passing of a $95.3bn US aid package to Ukraine, Israel and Indo-Pacific partners.
Mon 22 Apr 2024 10:40
(Sharecast News) - Financial markets' attention on Tuesday will be trained on a raft of purchasing managers surveys due out covering manufacturing and services sector activity in the euro area, UK and U.S..
Mon 22 Apr 2024 10:03
(Sharecast News) - International healthcare group Alliance Pharma announced the postponement of its preliminary results for the year ended 31 December on Monday.
Mon 22 Apr 2024 09:52
(Sharecast News) - Ocado shareholders are pushing for a potential shift from its London listing to the New York Stock Exchange, it emerged over the weekend.
Mon 22 Apr 2024 09:49
(Sharecast News) - PayPoint said on Monday that it was mulling a potential share buyback after a strong full-year performance.
Mon 22 Apr 2024 09:32
(Sharecast News) - Asda reported a jump in full-year underlying profit and sales on Monday as it continued to lower prices.
Mon 22 Apr 2024 09:31
(Sharecast News) - Gem Diamonds announced the retrieval of a notable 169.15-carat type II white diamond from its Letšeng mine in Lesotho on Monday.
Mon 22 Apr 2024 09:19
(Sharecast News) - Shares in Portuguese oil company Galp Energia popped on Monday, after it announced completion of the initial exploration phase in the Mopane field, offshore Namibia, revealing the potential presence of a substantial oil reserve of at least 10 billion barrels.
Mon 22 Apr 2024 08:42
(Sharecast News) - Helical updated the market on its trading from 8 January to 19 April on Monday, reporting a series of developments across its portfolio.
Mon 22 Apr 2024 08:29
(Sharecast News) - Anglo American said in an update on Monday that it would oppose any appeal related to the Kabwe claim, which it considers "misconceived".
Mon 22 Apr 2024 08:15
(Sharecast News) - Models and collectibles group Hornby said in an update on Monday that its underlying losses before tax had weakened in the second half of its financial year, as sales remained broadly stable and its margins took a hit.
Mon 22 Apr 2024 08:01
(Sharecast News) - Heavily indebted utility provider Thames Water will look to convince industry regulator Ofwat to allow it to hike consumer bills by as much as 44% over the next five years.
Mon 22 Apr 2024 07:56
(Sharecast News) - Billing, charging and customer relationship management (CRM) software specialist Cerillion said in an update on Monday that its first-half results were expected to reach new heights in terms of revenue and adjusted EBITDA.
Mon 22 Apr 2024 07:53
(Sharecast News) - Shares in Chill Brands tanked on Monday morning after the vape maker announced it had suspended its chief executive pending the results of an investigation into the use of inside information.
Mon 22 Apr 2024 07:53
(Sharecast News) - Mike Ashley's Frasers Group has reportedly refused to allow the Financial Reporting Council to publish the key findings of a review into the retail group's latest annual report.
Mon 22 Apr 2024 07:44
(Sharecast News) - Shares in Hipgnosis Songs Fund spiked again on Monday when private equity outfit Blackstone made a potential $1.5bn offer to buy the troubled music rights investor, setting up a bidding war with Concord Chorus.
Mon 22 Apr 2024 07:34
(Sharecast News) - RBC Capital Markets cut its price target on Dr Martens on Monday to 65p from 85p as it reduced estimates following the bootmaker's FY25 guidance.
Mon 22 Apr 2024 07:32
(Sharecast News) - Takeover talks between enterprise tech giant Salesforce and smaller sector peer Infomatica have fallen through, according to reports, after the software companies failed to agree on a price.
Mon 22 Apr 2024 07:32
(Sharecast News) - Diageo's stock was underperforming the wider market on Monday, with comments from Citi likely weighing on sentiment after the bank said it doesn't see upside despite a big drop in the shares over the past year.
Mon 22 Apr 2024 07:25
(Sharecast News) - Net zero energy services provider eEnergy clinched a deal with Spire Healthcare Group for the provision of photovoltaic systems across 38 sites.
Mon 22 Apr 2024 07:13
(Sharecast News) - Mobico Group reported a fall in profit in its 2023 results on Monday, below the expectations it set at the start of the financial year, despite continued revenue growth.
Mon 22 Apr 2024 07:04
(Sharecast News) - Tyman said on Monday that it has agreed to be bought by US metal window and door manufacturer Quanex in a £788m cash and stock deal.
Mon 22 Apr 2024 07:02
(Sharecast News) - Global professional services business JTC said it had bought JP Morgan Chase subsidiary First Republic Trust Company of Delaware for $21m.
Mon 22 Apr 2024 06:59
(Sharecast News) - Liquid biopsy specialist Angle announced on Monday that it has received a European patent for its 'CellKeep' slide, as it anticipated the imminent grant of an equivalent US patent application.
Fri 19 Apr 2024 15:01
(Sharecast News) - HSBC-backed technology company Monese - which was in talks to raise funding at a valuation of over £1bn four years ago - is reportedly set to break itself up amid mounting losses.
Fri 19 Apr 2024 14:21
(Sharecast News) - US private equity firm TDR Capital is reportedly closing in on a deal to buy petrol station billionaire Zuber Issa's stake in supermarket chain Asda.
Fri 19 Apr 2024 14:21
(Sharecast News) - Private equity firm TDR Capital is reportedly closing in on a deal to buy petrol station billionaire Zuber Issa's stake in supermarket chain Asda.
Fri 19 Apr 2024 12:08
(Sharecast News) - DS Smith tanked on Friday after Mondi said it would not be making an offer for the rival packaging group, clearing the path for a takeover by International Paper.
Fri 19 Apr 2024 11:13
(Sharecast News) - Waste-to-energy technology developer Eqtec updated the market on the Verde Corporation subscription on Friday, confirming that an amendment to the subscription letter had been agreed upon with Verde.
Fri 19 Apr 2024 11:07
(Sharecast News) - Healthcare software and simulation specialist Intelligent Ultrasound Group announced the launch of GE HealthCare's SonoLyst software, powered by its 'ScanNav AI', on the new Voluson Signature Series portfolio of ultrasound machines on Friday.
Fri 19 Apr 2024 11:02
(Sharecast News) - Molecular diagnostics specialist Novacyt updated the market on legal proceedings between itself and its subsidiary Primer Design against the Department of Health and Social Care (DHSC) on Friday.
Fri 19 Apr 2024 10:57
(Sharecast News) - Self-care products specialist Venture Life Group announced the renewal of its revolving credit facility with Santander UK and HSBC Innovation Bank on Friday.
Fri 19 Apr 2024 10:32
(Sharecast News) - French industrial energy giant Schneider Electric on Friday announced that it was in discussions to take over US-listed software firm Bentley Systems in a deal that could be worth nearly $16bn.
Fri 19 Apr 2024 10:22
(Sharecast News) - Shanta Gold updated the market on the recommended increased and final cash offer by Saturn Resources for its entire issued and to-be-issued share capital on Friday.
Fri 19 Apr 2024 09:26
(Sharecast News) - Thames Water has submitted a revised business plan to regulators, proposing an increase in bills of 56%, it was reported on Friday.
Fri 19 Apr 2024 09:16
(Sharecast News) - Bluejay Mining announced a strategic decision to broaden its corporate scope, expanding into the exploration and development of helium, industrial gases, and hydrocarbons, on Friday.
Fri 19 Apr 2024 09:14
(Sharecast News) - Shares in Man Group dropped on Friday after the investment management firm reported unexpected net outflows in the first quarter, but that didn't deter Jefferies from reiterating its 'buy' rating for the stock.
Fri 19 Apr 2024 09:11
(Sharecast News) - Commercial lender Vector Capital reported continued growth in shareholders' equity while maintaining dividends and implementing prudent bad debt provision policies in its full-year results on Friday.
Fri 19 Apr 2024 09:05
(Sharecast News) - Quadrise updated the market on its collaboration with Valkor Technologies in Utah on Friday, targeting the supply of low sulphur 'MSAR' and 'bioMSAR' to the marine and power sector.
Fri 19 Apr 2024 08:59
(Sharecast News) - UK-based green hydrogen technology company Clean Power Hydrogen (CPH2) reported solid progress towards the commercial rollout of its membrane-free electrolyser (MFE) technology in its final results on Friday, driven by a revamped engineering team.
Fri 19 Apr 2024 08:25
(Sharecast News) - South Africa and Ghana-focussed Goldplat announced the arrival of diesel generators at its South African operations on Friday.
Fri 19 Apr 2024 08:24
(Sharecast News) - Numis downgraded its stance on packaging group DS Smith on Friday to 'hold' from 'buy' as it said there was insufficient upside to retain a buy rating.
Fri 19 Apr 2024 08:02
(Sharecast News) - Shares in gambling group 888 Holdings rose on Friday after the company delivered first-quarter revenues ahead of guidance and reiterated its confidence in hitting full-year targets.
Fri 19 Apr 2024 07:47
(Sharecast News) - Old Mutual clinched approval from the Prudential Authority to set up a bank subject to specific licence conditions.
Fri 19 Apr 2024 07:42
(Sharecast News) - Investment management firm Man Group reported an improvement in assets under manager in the first quarter, according to a trading update released on Friday, but net outflows during the period caught investors by surprise, causing shares to drop sharply.
Fri 19 Apr 2024 07:32
(Sharecast News) - Woodside Energy reported a 7% quarter-on-quarter decline in output to 44.9 million barrels of oil equivalent per day over the three days ending in March.
Fri 19 Apr 2024 07:05
(Sharecast News) - Home REIT announced the successful exchange of 65 properties on Friday, at a public auction held on 18 April.
Thu 18 Apr 2024 14:20
(Sharecast News) - French food manufacturer Danone said it made a "good start" to the year, with first-quarter sales rising on the back of broad-based growth amid a challenging environment.
Thu 18 Apr 2024 14:00
(Sharecast News) - Electric carmaker Tesla is to lay off 14% of its staff across two plants in New York, the company said in a regulatory filing on Thursday, following large-scale job cuts announced earlier in the week.
Thu 18 Apr 2024 12:36
(Sharecast News) - Blackstone, the world's largest private equity firm, reported marginally better than expected first-quarter earnings on Thursday.
Thu 18 Apr 2024 11:48
(Sharecast News) - Investors' focus at the weekend will be squarely on geopolitics.
Thu 18 Apr 2024 11:33
(Sharecast News) - Taiwan Semiconductor Manufacturing Co said on Thursday it expects sales to jump in the second quarter on strong demand.
Thu 18 Apr 2024 11:29
(Sharecast News) - Empire Metals announced the successful conclusion of its third phase of reverse circulation (RC) drilling at the Pitfield Project in Western Australia on Thursday.
Thu 18 Apr 2024 10:55
(Sharecast News) - Mortgage platform operator Lendinvest said on Thursday that it made "good progress" against its strategic objectives in the second half of the trading year.
Thu 18 Apr 2024 10:51
(Sharecast News) - Food delivery platform Deliveroo impressed the market with forecast-beating first-quarter numbers on Thursday, but they weren't enough for Shore Capital to change its 'sell' rating on the stock.
Thu 18 Apr 2024 10:50
(Sharecast News) - Great Western Mining has exercised its option to acquire the Olympic Gold Project in Nevada's Mineral County, it announced on Thursday.
Thu 18 Apr 2024 10:46
(Sharecast News) - North Wales-focussed miner Anglesey Mining has appointed Robert Marsden to the role of chief executive officer.
Thu 18 Apr 2024 10:37
(Sharecast News) - Insolvency litigator Manolete Partners said on Thursday that it has seen "strong momentum" and a return to profit through a combination of new case investment and case completion volumes running at record highs and an increasing bias towards larger cases.
Thu 18 Apr 2024 10:28
(Sharecast News) - Cafe-bar and restaurant chain operator Loungers has continued its "rapid site rollout", with an opening every 10 days so far this year.
Thu 18 Apr 2024 09:53
(Sharecast News) - Norway's sovereign wealth fund said it would vote in favour of a proposal letting UK bank NatWest buy back more of its stock from the British government.
Thu 18 Apr 2024 09:32
(Sharecast News) - Foxtons hailed a strong start to the year on Thursday as the sales market improved and the London estate agent grew its market share.
Thu 18 Apr 2024 09:11
(Sharecast News) - HSBC initiated coverage of Haleon on Thursday with a 'buy' rating and 370p price target as it took a look at consumer health stocks, saying the company stands out for its portfolio strength, the quality of its execution and better potential for exploiting new growth avenues.
Thu 18 Apr 2024 09:11
(Sharecast News) - Investment firm Bridgepoint announced the appointment of Ruth Prior as its new chief financial officer (CFO) and a director on Thursday, succeeding Adam Jones, who would step down later in the year.
Thu 18 Apr 2024 09:06
(Sharecast News) - Deliveroo has reported a positive first-quarter performance in an update on Thursday, as it returned to order growth, alongside a notable increase in gross transaction value (GTV).
Thu 18 Apr 2024 08:59
(Sharecast News) - Berenberg initiated coverage of Warpaint on Thursday with a 'buy' rating and 550p price target as it said the company's highly cash-generative business model and debt-free balance sheet support strong top-line growth.
Thu 18 Apr 2024 08:57
(Sharecast News) - Rank Group reiterated its full-year guidance on Thursday, after third-quarter revenues were boosted by strong trading at Mecca bingo.
Thu 18 Apr 2024 08:56
(Sharecast News) - Energy services group Petrofac has won a contract with the national oil company of Equatorial Guinea worth $350m over five years.
Thu 18 Apr 2024 08:55
(Sharecast News) - Greencoat Renewables announced the signing of a significant 10-year power purchase agreement (PPA) on Thursday, with Keppel DC REIT, for its Ballybane Phase 1 wind farm.
Thu 18 Apr 2024 08:51
(Sharecast News) - Keystone Law Group posted higher full-year revenues and profit, and said it expected to meet market expectations for the year ahead.
Thu 18 Apr 2024 08:51
(Sharecast News) - Digital publisher LBG Media reported a robust full-year financial performance in its unaudited final results on Thursday, with total group revenue rising 7.5% over the year to £67.5m.
Thu 18 Apr 2024 08:43
(Sharecast News) - Investment platform AJ Bell reported a robust performance across its platform business and AJ Bell Investments in a second quarter update on Thursday.
Thu 18 Apr 2024 08:37
(Sharecast News) - Vistry Group announced the start of its share buyback programme on Thursday, aimed at repurchasing up to £100m of its shares.
Thu 18 Apr 2024 08:29
(Sharecast News) - Segro reported robust growth in its rent roll in a trading update for the March quarter on Thursday, driven by favourable occupier market dynamics.
Thu 18 Apr 2024 08:20
(Sharecast News) - Low-cost airline easyJet reported a significant reduction in its winter losses in an update on Thursday, of more than £50m year-on-year, as demand for flights and holidays continued to rise, particularly for the upcoming summer season.
Thu 18 Apr 2024 08:11
(Sharecast News) - BP has trimmed its executive team as part of a shake-up of its organisational structure, it was confirmed on Thursday.
Thu 18 Apr 2024 08:07
(Sharecast News) - Iron ore pellet maker Ferrexpo swung to a full-year loss as a $131million provision for a legal dispute involving its Ukrainian unit hit the bottom line.
Thu 18 Apr 2024 08:05
(Sharecast News) - Critical power and data transmission products manufacturer Volex said on Thursday that its full-year performance was seen ahead of market expectations as "strong organic growth" was driven by its " attractive positions" in diversified end markets.
Thu 18 Apr 2024 07:56
(Sharecast News) - Dunelm shares dropped 5% on Thursday after the homewares retailer reported a slowdown in sales growth in its third quarter due to "volatile" trading conditions.
Thu 18 Apr 2024 07:45
(Sharecast News) - Centamin reported a temporary slight decline in production and higher unit costs, but reaffirmed its full-year cost and output guidance.
Thu 18 Apr 2024 07:41
(Sharecast News) - Shares in troubled Hipgnosis Songs Fund rocketed by a third on Thursday after the music rights investor said it had agreed a $1.4bn takeover by US-based Concord Chorus, a music and theatrical rights firm, in attempt to end months of infighting over the company's leadership and secure its future.
Thu 18 Apr 2024 07:39
(Sharecast News) - National Grid has lifted its profit guidance for the year to 31 March after an accounting change due to a tax relief change announced by the government.
Thu 18 Apr 2024 07:29
(Sharecast News) - Electronics specialist DiscoverIE said group sales for the year to March 31 were 1% ahead of last year on a constant currency basis, after two years of strong growth when the rose 48%.
Thu 18 Apr 2024 07:10
(Sharecast News) - Rentokil Initial reported revenue of £1.27bn in a first quarter update on Thursday, making for a 0.9% increase at actual exchange rates, while at constant exchange rates, revenue advanced 4.9% to £1.29b.
Wed 17 Apr 2024 15:32
(Sharecast News) - Media and hospitality company Time Out Group announced plans for a new Time Out Market in Budapest on Wednesday, through a management agreement with Corvin Food Market.
Wed 17 Apr 2024 13:15
(Sharecast News) - Eli Lily's weight-loss drug tirzepatide has been shown to "significantly" reduce sleep apnoea severity, the US drugs giant said on Wednesday.
Wed 17 Apr 2024 11:32
(Sharecast News) - Shares in International Distribution Services soared on Wednesday, after it emerged that Czech billionaire Daniel Kretinsky had made a takeover approach for the Royal Mail owner.
Wed 17 Apr 2024 11:16
(Sharecast News) - Shares in Just Eat dropped sharply on Wednesday after the food delivery marketplace delivered underwhelming order numbers for the first quarter, though revenue growth picked up sharply in the UK and Ireland.
Wed 17 Apr 2024 11:15
(Sharecast News) - Intellectual property investor Tekcapital announced a fresh development from its portfolio company Innovative Eyewear on Wednesday, as the latter launched a strategic partnership with Windsor Eyes, a prominent eyewear manufacturing and distribution firm.
Wed 17 Apr 2024 11:05
(Sharecast News) - Eckoh announced on Wednesday that it has augmented its global secure voice cloud platform, enhancing its availability and geographic coverage.
Wed 17 Apr 2024 10:29
(Sharecast News) - Shares in ASML Holding came under pressure on Wednesday, after the chip industry giant disappointed with its first-quarter trading update.
Wed 17 Apr 2024 10:00
(Sharecast News) - Over at Berenberg, analysts lowed their target price on fast fashion retailer Asos from 510.0p to 490.0p on Wednesday as it lowered its gross margin assumptions to reflect the negative impact of discounting during the first half of the fiscal year.
Wed 17 Apr 2024 09:38
(Sharecast News) - Analysts at Canaccord Genuity raised their target price on electrical retailer AO World from 52.0p to 75.0p on Wednesday after the group's trading update last week led the broker to adjust its FY24-26 estimates.
Wed 17 Apr 2024 09:16
(Sharecast News) - Liontrust Asset Management reported annual outflows of more than £6bn on Wednesday, but struck an upbeat tone for the coming year.
Wed 17 Apr 2024 09:12
(Sharecast News) - Hostel operator Safestay has inked its first management contract to run the resort-based 120-bed Calpe Seafront Hostel on Spain's Costa Blanca.
Wed 17 Apr 2024 09:08
(Sharecast News) - Katoro Gold said in an update on Wednesday that at the Haneti Project, it had conducted a series of technical meetings and reviews and was preparing to advance to the next stage of exploration.
Wed 17 Apr 2024 09:03
(Sharecast News) - Carbon fibre-reinforced ceramic disc brake materials manufacturer Surface Transforms provided detailed sales guidance for 2024 on Wednesday, in response to shareholder demand for a 'worst case' forecast.
Wed 17 Apr 2024 08:58
(Sharecast News) - Cellular agriculture investor Agronomics announced the completion of a €40m fundraising round by its portfolio company Mosa Meat on Wednesday.
Wed 17 Apr 2024 08:50
(Sharecast News) - Brooks Macdonald updated the market on its funds under management on Wednesday, reported a closing figure of £17.9bn at the end of March, marking a 2% increase from 31 December.
Wed 17 Apr 2024 08:42
(Sharecast News) - Financial services provider Equals Group updated the market on its strategic review process on Wednesday, including an extension of the 'put up or shut up' (PUSU) deadline.
Wed 17 Apr 2024 08:35
(Sharecast News) - Urban Logistics REIT struck a confident tone on Wednesday, after rents rose by nearly a quarter in the last three months of the year.
Wed 17 Apr 2024 08:33
(Sharecast News) - Oil services provider Hunting said in a trading update on Wednesday that it had surpassed expectations for first-quarter EBITDA, which rose to $28.9m from $22.4m a year earlier, although it was facing challenges in managing its cash position.
Wed 17 Apr 2024 08:27
(Sharecast News) - Office space provider Workspace Group reported resilient customer demand in an update on Wednesday, having completed 343 new lettings in its fourth quarter and boasting a total annual rental value of £8.7m.
Wed 17 Apr 2024 08:24
(Sharecast News) - Investors' focus on Thursday will be on a barrage of economic indicators in the U.S..
Wed 17 Apr 2024 08:04
(Sharecast News) - Security and surveillance systems business Synectics has been awarded an £800,000 contract with a new customer to deliver a multi-site deployment of its proprietary software platform, Synergy.
Wed 17 Apr 2024 07:41
(Sharecast News) - Copper miner Antofagasta said output fell in the first quarter due to lower grades and maintenance activities at two of its main projects, while the cost of production rose.
Wed 17 Apr 2024 07:37
(Sharecast News) - Half-year losses at UK online fast-fashion retailer Asos have widened as it continued to deal with competition from Chinese rival Shein, but said it was ahead of target on shifting the mountain of excess stock it built up during the Covid pandemic.
Wed 17 Apr 2024 07:31
(Sharecast News) - Provisional rough diamond sales from Anglo-American's De Beers' unit fell to $445m in the third sales cycle compared with $542m a year ago amid a subdued market.
Wed 17 Apr 2024 07:15
(Sharecast News) - Entain reported an in line performance for its first quarter.
Wed 17 Apr 2024 07:11
(Sharecast News) - GSK unveiled encouraging outcomes from a pivotal phase three trial on Wednesday, on the potential of gepotidacin as an oral treatment for uncomplicated urogenital gonorrhoea (GC), amid escalating resistance to current therapies.
Wed 17 Apr 2024 07:06
(Sharecast News) - Mining giant Rio Tinto on Wednesday held annual production guidance, despite a sharp fall in first-quarter iron ore shipments and production.
Tue 16 Apr 2024 15:26
(Sharecast News) - Shares in American banking giant Morgan Stanley rose strongly on Tuesday after the company beat forecasts with a 13% increase in first-quarter profits.
Tue 16 Apr 2024 15:20
(Sharecast News) - Budget carrier easyJet on Tuesday said it had suspended flights to Tel Aviv until October 27 after Iran's missile and drone attack against Israel on Saturday night.
Tue 16 Apr 2024 13:31
(Sharecast News) - Investors' focus in the middle of the week will be on consumer price data due out on either side of the Channel.
Tue 16 Apr 2024 13:13
(Sharecast News) - Analysts at Berenberg stood by their 'buy' recommendation for shares of Yellow Cake, the uranium oxide concentrate holding company, following a fireside chat with its boss, Andre Liebenberg.
Tue 16 Apr 2024 12:43
(Sharecast News) - Bank of America said it had seen a "strong" first quarter on Tuesday, despite posting a sharp fall in profits.
Tue 16 Apr 2024 11:10
(Sharecast News) - Analysts at Berenberg lowered their target price on software company Kainos from 1,315.0p to 1,260.0p on Tuesday following the group's full-year trading update on 15 April.
Tue 16 Apr 2024 11:08
(Sharecast News) - Narrowband radio mesh networks business Cyanconnode said on Tuesday that full-year revenues were expected to "materially exceed" market expectations.
Tue 16 Apr 2024 10:49
(Sharecast News) - Shares in Ericsson rallied on Tuesday, after the Swedish telecoms group posted above-forecast quarterly numbers and said it expected sales to stabilise in the second half.
Tue 16 Apr 2024 10:40
(Sharecast News) - Tatton Asset Management reported record net inflows for the financial year just ended in an update on Tuesday, of £2.3bn, equivalent to 18.1% of its opening assets under management.
Tue 16 Apr 2024 10:26
(Sharecast News) - Software group System1 said on Tuesday that revenues had grown year-on-year, buoyed by the successful launch of its TYA Pro+ offering and strong platform revenue growth in the US.
Tue 16 Apr 2024 10:24
(Sharecast News) - International Paper has agreed to buy British rival DS Smith in a £7.8bn all-share deal, it was confirmed on Tuesday.
Tue 16 Apr 2024 10:13
(Sharecast News) - Software provider Eleco has acquired the Vertical Digital group of companies in a deal worth as much as €1.55m.
Tue 16 Apr 2024 10:03
(Sharecast News) - Electrical retailer Marks Electrical Group said on Tuesday that it had delivered record full-year revenues in the 12 months ended 31 March, driven by increased market share.
Tue 16 Apr 2024 09:56
(Sharecast News) - Hollywood Bowl reported a record first-half revenue of £119.2m in a trading update on Tuesday, making for an 8.1% increase year-on-year.
Tue 16 Apr 2024 09:52
(Sharecast News) - Shares in Everyman Media jumped on Tuesday after the upmarket cinema chain released its 2023 results, showing a double-digit rise in revenues and profits, with further growth expected this year.
Tue 16 Apr 2024 09:42
(Sharecast News) - Global investment manager Ninety One said in an update on Tuesday that its assets under management amounted to £126bn as of 31 March.
Tue 16 Apr 2024 09:37
(Sharecast News) - Superdry is to delist from the London Stock Exchange as part of a far-reaching restructuring plan, the struggling retailer confirmed on Tuesday.
Tue 16 Apr 2024 09:34
(Sharecast News) - Discount retailer B&M reported growth in revenue across its fascias in a full-year update on Tuesday, with B&M UK achieving £4.41bn, marking a 4% increase.
Tue 16 Apr 2024 09:27
(Sharecast News) - Everyman Media is "well positioned for future success", according to Canaccord Genuity, which reiterated a 'buy' rating on the company following its 2023 results on Tuesday.
Tue 16 Apr 2024 09:25
(Sharecast News) - Online marketplace operator Auction Technology Group reported a 6% improvement in first-half revenue in an update on Tuesday, to $86m, as it narrowed its full-year margin guidance.
Tue 16 Apr 2024 09:17
(Sharecast News) - GSK announced on Tuesday that its five-in-one meningococcal ABCWY (MenABCWY) vaccine candidate had been accepted for regulatory review by the US Food and Drug Administration (FDA).
Tue 16 Apr 2024 09:12
(Sharecast News) - Global recruiter Hays reported a fall in net fees in a challenging third quarter on Tuesday, down 17% in total year-on-year, and 14% lower on a like-for-like basis.
Tue 16 Apr 2024 08:52
(Sharecast News) - Scientific technology specialist Oxford Instruments said in an update on Tuesday that trading in the financial year just ended was in line with expectations, with positive momentum in revenue growth.
Tue 16 Apr 2024 08:41
(Sharecast News) - Moneysupermarket Group reported continued growth in insurance segments in its first quarter on Tuesday, with overall revenue up 8% at £114.6m.
Tue 16 Apr 2024 08:25
(Sharecast News) - British fashion brand Sosandar detailed year-on-year revenue growth on Tuesday but said it still expects to report a "marginal loss" for the year.
Tue 16 Apr 2024 08:08
(Sharecast News) - Global payments technology company Wise continued to enjoy a strong uptake for its services during the last quarter of its fiscal year.
Tue 16 Apr 2024 08:03
(Sharecast News) - Plus500 reported a solid first-quarter performance in an update on Tuesday, with the company tracking ahead of market expectations for the 2024 financial year.
Tue 16 Apr 2024 07:46
(Sharecast News) - Vodafone announced the appointment of Marika Auramo as chief executive of Vodafone Business on Tuesday, effective from 1 July.
Tue 16 Apr 2024 07:08
(Sharecast News) - QinetiQ Group reported a good operational performance in the final quarter of its financial year on Tuesday, in line with market expectations.
Tue 16 Apr 2024 07:03
(Sharecast News) - UK bootmaker Dr Martens said chief executive Kenny Wilson has decided to step down as the company issued another profit warning for the current financial year amid continuing woes in the US, its biggest market.
Tue 16 Apr 2024 07:03
(Sharecast News) - Dr Martens shares slumped by a third on Tuesday as the UK bootmaker said chief executive Kenny Wilson would step down and issued another profit warning for the current financial year amid continuing woes in its key US market.
Mon 15 Apr 2024 15:22
(Sharecast News) - Analysts at Canaccord Genuity initiated coverage on Atome with a 'speculative buy' rating and 130.0p target price on Monday, stating the company's choice to focus on finished ammonia fertiliser manufacture was "advantaged".
Mon 15 Apr 2024 14:59
(Sharecast News) - Analysts at Berenberg kept their recommendation for shares of Ceres Power at 'buy' following the company's full-year results.
Mon 15 Apr 2024 14:31
(Sharecast News) - Investors' focus on Tuesday will be on the UK February employment report.
Mon 15 Apr 2024 10:32
(Sharecast News) - Industrial chains manufacturer Renold said on Monday that its full-year results would now be "materially ahead" of current market expectations as "strong" first-half momentum continued throughout H2.
Mon 15 Apr 2024 10:22
(Sharecast News) - Software solutions firm Checkit said on Monday that it has secured new contract wins from two existing customers worth a minimum of £417,000 in total lifetime revenues over their three-year terms.
Mon 15 Apr 2024 10:20
(Sharecast News) - EnergyPathways updated the market on its operational and strategic progress at the Marram gas project on Monday, saying it expected the outcome of its outstanding licence applications in the first half of this year.
Mon 15 Apr 2024 10:12
(Sharecast News) - Narrowband radiofrequency and smart mesh network technology specialist CyanConnode announced receiving an order for 265,331 Omnimesh modules from Madhyanchal One Infrastructure on Monday, a subsidiary of IntelliSmart Infrastructure.
Mon 15 Apr 2024 10:07
(Sharecast News) - Subsurface resources locator Getech said on Monday that it had secured three separate contract wins related to the exploration of natural hydrogen.
Mon 15 Apr 2024 10:07
(Sharecast News) - Subsurface resources locator Getech said on Monday that it had secured three separate contract wins related to the exploration of natural hydrogen.
Mon 15 Apr 2024 10:06
(Sharecast News) - Health, wellness and medical cannabis investor Seed Innovations announced the receipt of £2.4m (€2.76m) from the final instalment of the sale proceeds of its portfolio company Fralison Monday, which operated as Leap Gaming.
Mon 15 Apr 2024 10:00
(Sharecast News) - Sanderson Design Group announced the renewal and expansion of its licensing agreement with Blinds 2go, an e-commerce entity specialising in made-to-measure blinds, curtains, and shutters, on Monday.
Mon 15 Apr 2024 09:54
(Sharecast News) - Engage XR reported total 2023 revenue of €3.7m in its final results on Monday, down slightly from €3.9m year-on-year.
Mon 15 Apr 2024 09:36
(Sharecast News) - Clinical-stage biopharmaceutical company Faron Pharmaceuticals revealed on Monday that chief financial officer James O'Brien would be leaving the group to "pursue another career opportunity".
Mon 15 Apr 2024 09:12
(Sharecast News) - French banking giant BNP Paribas announced on Monday that it is buying a 9% stake in Belgian insurer Ageas from Chinese conglomerate Fosun Group for €730m.
Mon 15 Apr 2024 08:22
(Sharecast News) - Angola-focussed energy explorer and producer Corcel updated the market on progress at the Tobias Field reactivation on Monday, in Block KON-11 within the Kwanza Basin, where it holds a 20% working interest, or 18% ne.
Mon 15 Apr 2024 08:14
(Sharecast News) - HgCapital Trust announced an investment in prominent UK essential business technology provider Focus Group on Monday.
Mon 15 Apr 2024 08:08
(Sharecast News) - Digital services and IT provider Kainos Group said in an update on Monday that it expected solid revenue growth and robust growth in adjusted profit before tax for the financial year just ended.
Mon 15 Apr 2024 08:06
(Sharecast News) - Podcasting group Audioboom headed south after reporting a fall in full-year revenues and swinging to an underlying loss as a result of a "soft advertising market", constrained by macroeconomic headwinds.
Mon 15 Apr 2024 07:38
(Sharecast News) - Shares in Inchcape raced ahead on Monday after the automotive distributor announced the disposal of its UK Retail operations to Group 1 Automotive UK for £346m.
Mon 15 Apr 2024 07:37
(Sharecast News) - Specialist emerging markets asset manager Ashmore said in an update on Monday that assets under management decreased by $2.1bn in the March quarter, which it attributed to negative investment performance of $0.1bn and net outflows of $2bn.
Mon 15 Apr 2024 07:28
(Sharecast News) - Business and industrial park specialist Sirius Real Estate said in an update on Monday that, despite prevailing macroeconomic challenges, it achieved a 8.2% increase in overall rent roll in the financial year just ended, or 7.2% on a like-for-like basis.
Mon 15 Apr 2024 07:22
(Sharecast News) - Mitie shares soared on Monday as the cleaning-to-security services outsourcer upgraded its annual profit forecast and launched an extra £50m share buyback on the back of record revenues.
Mon 15 Apr 2024 07:20
(Sharecast News) - Ceres Power posted higher full-year sales and gross profits and said that it was on track for a "strong" 2024.
Mon 15 Apr 2024 07:08
(Sharecast News) - Great Portland Estates announced on Monday that British luxury brand Represent had agreed to open its new London flagship store at the company's 135/141 Wardour Street property in Soho.
Mon 15 Apr 2024 07:07
(Sharecast News) - B&Q and Screwfix owner Kingfisher has announced that chair Andrew Cosslett will step down after seven years at the helm of the board.
Mon 15 Apr 2024 07:04
(Sharecast News) - PageGroup shares slumped on Monday after the recruitment firm reported lower first-quarter gross profit and cut 100 jobs itself as employers in its key markets slowed hiring rates.
Fri 12 Apr 2024 15:06
(Sharecast News) - Oxford Nanopore took the wraps off a "groundbreaking" study using its technology on Friday, shedding light on the measurement of human telomeres - the protective caps at the ends of chromosomes crucial for genome integrity.
Fri 12 Apr 2024 14:56
(Sharecast News) - Intellectual property commercialisation specialist Frontier IP announced the appointment of Jo Stent as its new chief financial officer on Friday, effective from 22 April.
Fri 12 Apr 2024 14:46
(Sharecast News) - Graphene nanoplatelet specialist Directa Plus announced on Friday that 'GiPave', an asphalt solution incorporating graphene and recycled plastics, was being installed at the Imola Circuit ahead of the Emilia-Romagna Grand Prix in May.
Fri 12 Apr 2024 14:37
(Sharecast News) - E-commerce investor Huddled Group announced the acquisition of online retailer Food Circle Supermarket on Friday, for total consideration of up to £0.3m.
Fri 12 Apr 2024 14:25
(Sharecast News) - Shares in North American metallurgical coal miner Bens Creek were sliding on Friday afternoon, after the company issued an update on its operations and working capital position, confirming that its West Virginia mine was moving into care and maintenance.
Fri 12 Apr 2024 14:20
(Sharecast News) - Premier Miton Group said in an update on Friday that as of 31 March, its assets under management totalled £10.7bn, making for an increase from the £9.8bn it recorded on 30 September.
Fri 12 Apr 2024 14:16
(Sharecast News) - Specialist internet-of-things technology investor Tern announced on Friday that it hs raised £0.42m before expenses, to invest in Wyld Networks.
Fri 12 Apr 2024 13:20
(Sharecast News) - Premier African Minerals announced on Friday that it had raised a fresh £1m, due to strong institutional interest in its fundraising announced on 11 April.
Fri 12 Apr 2024 13:18
(Sharecast News) - Wells Fargo surpassed Wall Street expectations for first-quarter earnings, it reported on Friday, despite a decrease in net interest income.
Fri 12 Apr 2024 12:32
(Sharecast News) - JPMorgan Chase reported a 6% jump in first-quarter profit on Friday as net interest income rose.
Fri 12 Apr 2024 10:59
(Sharecast News) - R&Q Insurance, the AIM-listed non-life insurer, lost almost half of its market value on Friday after announcing it would report a "significant pre-tax loss" for last year.
Fri 12 Apr 2024 09:44
(Sharecast News) - Limestone group SigmaRoc said on Friday that it had delivered a "solid Q1 performance", with underlying earnings in line with management expectations.
Fri 12 Apr 2024 09:42
(Sharecast News) - Electronics giant Samsung will unveil a $44.0bn White House programme aimed at bringing semiconductor production back to America as soon as next week, with the memory chip maker in line to secure up to $6.0bn in government grants.
Fri 12 Apr 2024 09:16
(Sharecast News) - Deutsche Bank has hiked its target price for BAE Systems and maintained a 'buy' rating on the aerospace and defence stock, saying that recent growth momentum is likely to continue.
Fri 12 Apr 2024 09:15
(Sharecast News) - French bank Societe Generale has agreed to sell the majority of its Moroccan arm to Saham Group for €745.0m as it forges ahead with chief executive Slawomir Krupa's plan to streamline the business.
Fri 12 Apr 2024 09:11
(Sharecast News) - RBC Capital Markets upgraded Taylor Wimpey on Friday but downgraded Berkeley as it took a look at the two UK housebuilders.
Fri 12 Apr 2024 08:05
(Sharecast News) - Analysts at RBC Capital Markets initiated coverage on tour operator Jet2 at 'outperform' on Friday, citing shareholder upside from a customer-first proposition.
Fri 12 Apr 2024 07:56
(Sharecast News) - The United Arab Emirates' state-owned oil company recently considered buying BP but the deliberations did not progress beyond preliminary discussions, according to a report.
Fri 12 Apr 2024 07:49
(Sharecast News) - JPMorgan Cazenove upgraded a host of names in the housebuilding sector on Friday as it said it was "repositioning for a recovery".
Fri 12 Apr 2024 07:24
(Sharecast News) - Petrofac said in an update on Friday that negotiations over tis finances were ongoing, as it remained in discussions with its lenders to restructure its debt, aiming for a substantial portion of the debt to be converted into equity.
Fri 12 Apr 2024 07:19
(Sharecast News) - UK equity investment firm Mercantile Investment Trust said managed to grow returns in the year to 31 January despite "a generally unsupportive environment".
Thu 11 Apr 2024 16:23
(Sharecast News) - Botswana Diamonds announced the discovery of a second anomaly on Thursday, close to another anomaly announced on 23 January.
Thu 11 Apr 2024 16:18
(Sharecast News) - Mkango Resources closed a private placing on Thursday, raising £0.75m in gross proceeds to support HyProMag's first commercial sales, among other objectives.
Thu 11 Apr 2024 16:11
(Sharecast News) - Great Western Mining announced the start of induced polarisation (IP) and resistivity surveys at its West Huntoon and M5 claims in Nevada's Mineral County on Thursday.
Thu 11 Apr 2024 16:06
(Sharecast News) - Oracle Power announced the successful conclusion of the geotechnical study and electrical resistivity survey (ERS) for its planned renewable power plant in Jhimpir, Sindh Province, Pakistan on Thursday.
Thu 11 Apr 2024 16:02
(Sharecast News) - European Metals announced a significant milestone on Thursday, with the successful production of lithium hydroxide monohydrate from pregnant leach solution generated during the recent larger-scale Cinovec pilot programme.
Thu 11 Apr 2024 15:57
(Sharecast News) - Kibo Energy updated the market on its subsidiary Mast Energy Developments (MED) on Thursday, reporting the successful completion ahead of schedule of the initial first-phase work programme at its Pyebridge 9MW flexible power generation asset.
Thu 11 Apr 2024 15:47
(Sharecast News) - Secure cloud service provider Iomart said in an update on Thursday that, despite a challenging economic environment, it expected to deliver a robust set of full-year results for the 12 months ended 31 March.
Thu 11 Apr 2024 11:41
(Sharecast News) - Investors' focus at the end of the week will shift towards Asia-Pacific.
Thu 11 Apr 2024 11:39
(Sharecast News) - French advertising and PR giant Publicis Groupe has hailed a "very strong start" to 2024 after delivering revenue growth ahead of forecasts.
Thu 11 Apr 2024 11:14
(Sharecast News) - PetroTal said in an update on Thursday that its average production in the first quarter was 18,518 barrels of oil per day, consistent with its guidance.
Thu 11 Apr 2024 11:07
(Sharecast News) - Atalaya Mining updated the market on its operations in the first quarter on Thursday, reporting that ore mined reached 3.7 million tonnes, marking a slight increase from the prior year.
Thu 11 Apr 2024 11:07
(Sharecast News) - Atalaya Mining updated the market on its operations in the first quarter on Thursday, reporting that ore mined reached 3.7 million tonnes, marking a slight increase from the prior year.
Thu 11 Apr 2024 11:03
(Sharecast News) - The Financial Conduct Authority has issued a warning notice against Neil Woodford, claiming the once star stockpicker had a "defective" understanding of the responsibilities involved in managing risk.
Thu 11 Apr 2024 11:02
(Sharecast News) - M&C Saatchi announced the appointment of Rob Doubal and Laurence Thomson as its new joint global chief creative officers (CCOs) on Thursday.
Thu 11 Apr 2024 10:37
(Sharecast News) - Apple has reportedly sent threat notifications to iPhone users in 92 countries who may have been victims of a "mercenary spyware attack".
Thu 11 Apr 2024 09:59
(Sharecast News) - Griffin Mining updated the market on production at the Caijiaying zinc-gold mine for the March quarter on Thursday, reporting that operations were affected by the Chinese Lunar New Year and Spring Festival holidays.
Thu 11 Apr 2024 09:53
(Sharecast News) - Analysts at Berenberg raised their target price on software and services firm Darktrace from 600.0p to 630.0p on Thursday after the group's third-quarter results earlier this morning demonstrated a continuation of "strong momentum" seen in Q2.
Thu 11 Apr 2024 09:51
(Sharecast News) - Housing services business Mears Group stated both revenue and profits improved in 2023 and said it expects to deliver another "strong" in FY24.
Thu 11 Apr 2024 09:25
(Sharecast News) - HSBC upgraded B&Q and Castorama owner Kingfisher on Thursday to 'buy' from 'hold' and lifted the price target to 305p from 235p.
Thu 11 Apr 2024 09:15
(Sharecast News) - Bar and gastro pub operator Revolution Bars has proposed a restructuring of the group, which would involve the shuttering of several sites, rent reductions, and an equity raise of up to £12.5m featuring new and existing investors.
Thu 11 Apr 2024 08:45
(Sharecast News) - Heathrow has called for fees on transit passengers to be scrapped, arguing that UK airports are being put at a competitive disadvantage.
Thu 11 Apr 2024 08:45
(Sharecast News) - Barclays has downgraded its ratings of asset managers Jupiter and Liontrust, saying flows for firms UK and European are still underwhelming despite markets performing well.
Thu 11 Apr 2024 07:54
(Sharecast News) - JPMorgan Cazenove upgraded Marks & Spencer on Thursday to 'overweight' from 'neutral' and lifted the price target to 330p from 260p as it took a look at European general retail.
Thu 11 Apr 2024 07:47
(Sharecast News) - Societe Generale said on Thursday that it has agreed to sell its professional equipment financing businesses to Groupe BPCE for €1.1bn.
Thu 11 Apr 2024 07:45
(Sharecast News) - Discount retailer Poundstretcher will be acquired by Fortress Investment Group for an undisclosed sum.
Thu 11 Apr 2024 07:42
(Sharecast News) - Self-storage firm Lok'nStore said on Thursday that it has agreed to be bought by Belgian rival Shurgard in a £378m deal.
Thu 11 Apr 2024 07:35
(Sharecast News) - Financial services consultancy Alpha FMC has reiterated expectations after an improvement in trading conditions through its fourth quarter and into the new financial year.
Thu 11 Apr 2024 07:23
(Sharecast News) - Cybersecurity specialist Darktrace reported solid growth in both operating and financial metrics in the March quarter on Thursday, as it raised its full-year guidance.
Thu 11 Apr 2024 07:20
(Sharecast News) - Biopharma giant AstraZeneca has announced that it will increase its annual dividend by 7%, which the board said demonstrates its confidence in the company's performance and cash generation.
Thu 11 Apr 2024 07:03
(Sharecast News) - Great Portland Estates struck an upbeat note on Thursday, on the back of strong demand and a likely cut in interest rates.
Wed 10 Apr 2024 15:57
(Sharecast News) - Shares in Centaur Media soared on Wednesday afternoon after the publishing, events and marketing company confirmed speculation about a takeover approach from a Dutch private equity firm.
Wed 10 Apr 2024 13:24
(Sharecast News) - The market spotlight on Thursday will be squarely on the European Central Bank's policy meeting.
Wed 10 Apr 2024 13:20
(Sharecast News) - Connected TV advertising technology specialist Nexxen International said in an update on Wednesday that it repaid its outstanding debt under the secured term loan 'A' and the revolving credit facility on 9 April.
Wed 10 Apr 2024 13:15
(Sharecast News) - Tanzania-focussed helium explorer Helium One reported progress and updated on strategic initiatives at its Rukwa Project in an update on Wednesday.
Wed 10 Apr 2024 13:06
(Sharecast News) - Caledonia Mining reported a notable increase in gold production from its Blanket Mine in Zimbabwe for the first quarter of 2024 on Wednesday, despite a reduction in production days compared to the same period in 2023.
Wed 10 Apr 2024 13:04
(Sharecast News) - Ted Baker's US licensing partner is reportedly a leading contender to take control of the fashion brand's British operation weeks after it collapsed into administration.
Wed 10 Apr 2024 12:32
(Sharecast News) - RNAi medicines data and development specialist e-Therapeutics proposed a fundraise and its delisting from AIM on Wednesday.
Wed 10 Apr 2024 12:16
(Sharecast News) - Numis has cut its estimates for industrial and electrical products maker RS Group but kept a 'buy' rating, saying that the company is well placed to benefit from gradually improving macro conditions.
Wed 10 Apr 2024 12:13
(Sharecast News) - Energy-efficient and low-maintenance building products specialist Epwin Group said in its final results on Wednesday that, despite challenges posed by raw material cost inflation and market volatility, it delivered a strong performance, with revenue totalling £345.4m and underlying operating profit reaching £25.5m, marking a 19% increase over the prior year.
Wed 10 Apr 2024 12:06
(Sharecast News) - Strategic Minerals said in an update on Wednesday that in the March quarter, sales revenue from Cobre totalled $0.841m, marking an increase of over 100% compared to the same period in 2023.
Wed 10 Apr 2024 12:00
(Sharecast News) - Mercia Asset Management released its trading summary for the financial year ended 31 March on Wednesday, with organic fund inflows surpassing £0.5bn, marking a record and reflecting a 40% surge in third-party funds under management since the start of the financial year.
Wed 10 Apr 2024 11:55
(Sharecast News) - 4basebio confirmed the provision of its synthetic DNA to an unnamed tier-one pharmaceutical company on Wednesday.
Wed 10 Apr 2024 11:51
(Sharecast News) - Malvern International unveiled its preliminary results for 2023 on Wednesday, showcasing a notable turnaround in its business performance.
Wed 10 Apr 2024 11:42
(Sharecast News) - Cabin crew at low-cost airline easyJet are to receive a 20% increase in their basic pay, it was announced on Wednesday, after negotiations with the Unite union.
Wed 10 Apr 2024 10:28
(Sharecast News) - Analysts at Canaccord Genuity raised their target price on telecommunications testing company Spirent Communications from 175.5p to 199.0p on Wednesday following Keysight's recent cash offer.
Wed 10 Apr 2024 10:27
(Sharecast News) - Castings and machining group Chamberlin said on Wednesday that underlying demand was below internal expectations during Q3, with lower than anticipated sales "negatively" affecting profitability and working capital.
Wed 10 Apr 2024 10:26
(Sharecast News) - Warren East, the former boss of Rolls-Royce and ARM Holdings, has been appointed as chair of NATS as the air traffic control company attempts to repair its reputation following last August's IT system meltdown which led to more than 700,000 passengers facing disruption.
Wed 10 Apr 2024 10:17
(Sharecast News) - Mineral exploration and development business Fulcrum Metals has agreed to acquire the Sylvanite Gold Tailings project, located in Kirkland Lake, Canada.
Wed 10 Apr 2024 09:45
(Sharecast News) - Power control components manufacturer XP Power said on Wednesday that both order intake and revenue declined in the first quarter but said it remains confident of its market position.
Wed 10 Apr 2024 09:25
(Sharecast News) - Shares in Philips were rising in Amsterdam on Wednesday the Dutch conglomerate settled on a consent decree with US regulators over a Respironics product recall back in 2021.
Wed 10 Apr 2024 09:17
(Sharecast News) - Ingredients manufacturer Treatt said on Wednesday that it had delivered a "solid performance" in the first half of its current trading year, with sales accelerating in Q2 and year-on-year profit growth.
Wed 10 Apr 2024 08:30
(Sharecast News) - Shore Capital upgraded AO World on Wednesday to 'buy' from 'hold'.
Wed 10 Apr 2024 08:05
(Sharecast News) - Energy services firm Enteq said on Wednesday that it had narrowed full-year losses as it continues tp focus on the development and commercialisation of its SABER Tool, whilst maintaining a lean overhead base.
Wed 10 Apr 2024 07:58
(Sharecast News) - Shares in advertising agency M&C Saatchi fell on Wednesday after the company reported a 10% drop in annual profits which it blamed on "challenging market dynamics", though it said it first-quarter trading had been encouraging.
Wed 10 Apr 2024 07:44
(Sharecast News) - Tools and equipment hire firm Speedy Hire said on Wednesday that full-year results were set to be towards the lower end of its expectations as cost inflation and softer demand dented revenues.
Wed 10 Apr 2024 07:40
(Sharecast News) - Beauty-to-tech firm THG reported a jump in annual earnings on Wednesday, despite a dip in revenues.
Wed 10 Apr 2024 07:28
(Sharecast News) - Capita said on Wednesday that it has extended its customer experience contract with a "leading" European integrated telecoms company for two years from January 2024, with an option to extend for a further two years.
Wed 10 Apr 2024 07:27
(Sharecast News) - Motor insurance group Direct Line has poached the head of finance from Aviva's general insurance unit to be its new chief financial officer, replacing its CFO of three years just weeks after a failed takeover offer from Ageas.
Wed 10 Apr 2024 07:21
(Sharecast News) - Energean announced on Wednesday that it has finalised its farm-in to Chariot's offshore acreage in Morocco, after obtaining all the necessary approvals from the Moroccan authorities.
Wed 10 Apr 2024 07:15
(Sharecast News) - Affordable homes developer Vistry has signed two new deals with Homes England to deliver 1,000 mixed-tenure homes in the Midlands.
Wed 10 Apr 2024 07:15
(Sharecast News) - Semiconductor wafer and advanced material specialist IQE announced its results for the year ended 31 December on Wednesday, alongside announcing an expansion of its partnership with Advanced Wireless Semiconductor Company (AWSC).
Wed 10 Apr 2024 07:02
(Sharecast News) - Tesco struck a confident tone for the current financial year on Wednesday, after reporting a jump in both annual profits and volumes.
Tue 09 Apr 2024 15:12
(Sharecast News) - Shore Capital has said that HSBC's disposal of its Argentinian business should not have a material impact on its investment case despite it generating a $1bn hit to the business.
Tue 09 Apr 2024 15:03
(Sharecast News) - London private equity group Proprium Capital Partners has offloaded its shareholding in Motel One back to the German low-cost hotel chain's founder in a deal worth €1.25bn.
Tue 09 Apr 2024 14:36
(Sharecast News) - Private equity firm CVC Capital Partners could launch a stock market flotation as early as next week, it emerged on Tuesday.
Tue 09 Apr 2024 14:23
(Sharecast News) - The parent company of struggling utility Thames Water has had its debt downgraded to 'C' from 'CC by ratings agency Fitch after it failed to make a £190m loan repayment last week.
Tue 09 Apr 2024 13:06
(Sharecast News) - Restaurant operator Tasty said on Tuesday that it was planning to close around 20 loss-making sites as part of a restructuring, as it continues to "navigate through challenging times".
Tue 09 Apr 2024 13:00
(Sharecast News) - Mike Ashley's Frasers Group and Next have reportedly expressed an interest in purchasing Ted Baker's stricken European retail arm.
Tue 09 Apr 2024 12:58
(Sharecast News) - Oracle Power announced an exclusive option to acquire 100% ownership of the Blue Rock Valley Copper and Silver Project in the Ashburton Basin in northwest Western Australia on Tuesday.
Tue 09 Apr 2024 12:53
(Sharecast News) - Botswana Diamonds announced plans to integrate artificial intelligence (AI) techniques into its extensive Botswana database on Tuesday.
Tue 09 Apr 2024 12:47
(Sharecast News) - Concurrent Technologies unveiled the latest addition to its VME range of embedded processor boards on Tuesday, dubbed 'Rhea'.
Tue 09 Apr 2024 12:42
(Sharecast News) - Karelian Diamond Resources revealed promising results from the electron microprobe analysis of Kimberlitic garnets extracted from till samples on Tuesday.
Tue 09 Apr 2024 12:34
(Sharecast News) - Diaceutics, a technology and solutions provider catering to the pharmaceutical and biotech industry, announced the appointment of Amie Mc Neice as vice-president of marketing on Tuesday.
Tue 09 Apr 2024 12:14
(Sharecast News) - Hospitality operator Loungers announced two senior management appointments on Tuesday to facilitate its continued growth.
Tue 09 Apr 2024 12:07
(Sharecast News) - Pantheon Resources shares jumped on Tuesday morning, after it announced the findings of its updated independent expert report (IER).
Tue 09 Apr 2024 12:01
(Sharecast News) - Central Asia Metals updated the market on operations in its first quarter on Tuesday, at the Kounrad copper recovery plant in Kazakhstan and the Sasa zinc-lead mine in North Macedonia.
Tue 09 Apr 2024 11:54
(Sharecast News) - Impax Asset Management said in its second-quarter update on Tuesday that its total assets under management had reached £39.6bn by 31 March, reflecting a 1.3% increase over the three-month period.
Tue 09 Apr 2024 11:38
(Sharecast News) - Mobile payment technology specialist Boku announced on Tuesday that the Reserve Bank of India (RBI) had granted full authorisation to its Indian entity, Boku IN, to operate as a 'Payment Aggregator'.
Tue 09 Apr 2024 11:37
(Sharecast News) - Investors' focus in the middle of the week will be squarely on the latest inflation data due out in the States.
Tue 09 Apr 2024 11:37
(Sharecast News) - Investors' focus in the middle of the week will be squarely on the latest inflation data due out in the States.
Tue 09 Apr 2024 11:26
(Sharecast News) - Australian investment bank Macquarie emerged as one of the lenders involved in Thames Water's financial struggles on Tuesday, seven years after its ownership of the utility ended.
Tue 09 Apr 2024 11:09
(Sharecast News) - Shore Capital has reiterated its 'sell' recommendation for fast fashion retailer Asos, saying the company is "paddling upstream" with ongoing sales pressure, high debt levels and competitive threats..
Tue 09 Apr 2024 10:49
(Sharecast News) - Software solutions business Cirata said on Tuesday that first-quarter bookings had fallen year-on-year but said there was "steady build" in its pipeline.
Tue 09 Apr 2024 10:32
(Sharecast News) - Internet of Things investor Tern said on Tuesday that Talking Medicines, in which it currently holds a 23.8% equity share, has made "a strong start to 2024", marked by record revenue bookings and significant advancements in its Talking Medicines Drug-GPT platform.
Tue 09 Apr 2024 09:51
(Sharecast News) - Analysts at Berenberg raised their target price on diversified chemicals business Johnson Matthey from 1,650.0p to 1,800.0p on Tuesday but said the performance of its shares will likely depend on three factors.
Tue 09 Apr 2024 09:49
(Sharecast News) - Motor finance business S+U said on Tuesday that pre-tax profits had contracted in the year ended 31 January, despite the group's improved revenue performance throughout the period.
Tue 09 Apr 2024 09:45
(Sharecast News) - Shares in struggling French IT and consulting business Atos dived on Tuesday after the company announced it as raising €1.2bn in new debt and equity as it attempts to slash its leverage position and lower debt.
Tue 09 Apr 2024 09:36
(Sharecast News) - Kitchenware brand Procook said on Tuesday that revenues had improved in the fourth and final quarter of its trading year, with underlying pre-tax profits now seen "marginally ahead" of market expectations for a reading of £400,000.
Tue 09 Apr 2024 09:02
(Sharecast News) - Gresham Technologies said on Tuesday that it has agreed to be bought by Alliance Bidco - a company owned indirectly by funds managed or advised by US private equity firm STG Partners - in a £146.7m deal.
Tue 09 Apr 2024 08:58
(Sharecast News) - Shares in AIM-listed Hvivo dipped on Tuesday despite the infectious and respiratory disease treatment firm reporting a record year across all financial and operational metrics, as well as ambitious revenue targets for the coming years.
Tue 09 Apr 2024 08:10
(Sharecast News) - Barclays upgraded Halma on Tuesday to 'overweight' from 'equalweight' and lifted the price target to 2,650p from 2,425p.
Tue 09 Apr 2024 07:48
(Sharecast News) - Clinical-stage biotherapeutics group PureTech has announced that its founding chief executive is to step down to lead SeaPort Therapeutics, a PureTech company she founded that has just raised $100m in Series A financing.
Tue 09 Apr 2024 07:47
(Sharecast News) - Engineering services group Renew Holdings has acquired specialist engineering business Route One via its Carnell Group subsidiary for an enterprise value of £5.0m.
Tue 09 Apr 2024 07:26
(Sharecast News) - Fund, corporate and private client services group JTC has raised its growth guidance for the next three years after smashing its targets in 2023, helped by a record amount of new business wins.
Tue 09 Apr 2024 07:25
(Sharecast News) - Warpaint said on Tuesday that its full-year outlook was set to be "ahead" of the market's current expectations following strong trading in the first quarter of 2024.
Tue 09 Apr 2024 07:24
(Sharecast News) - Oil giant BP said it expected first-quarter upstream production to be higher than the previous three months.
Tue 09 Apr 2024 07:23
(Sharecast News) - Tobacco giant Imperial Brands said in a trading update on Tuesday that it remained on track to achieve its financial objectives while balancing share performance and implementing its strategic transformation plan.
Tue 09 Apr 2024 07:15
(Sharecast News) - Student accommodation manager and developer Unite has said it is still confident in hitting rental growth targets for the next academic year while property values held more or less stable in the first quarter.
Tue 09 Apr 2024 07:05
(Sharecast News) - HSBC Holdings on Tuesday said it was selling its Argentina business to Grupo Financiero Galicia for $550m and take a $1bn pre-tax loss in the process as it continued to pivot its operations towards Asia.
Mon 08 Apr 2024 16:34
(Sharecast News) - The corporate and economic calendar for Tuesday is sparse as investors wait for the release of key consumer price data in the States during the following session.
Mon 08 Apr 2024 15:29
(Sharecast News) - US aerospace and defence supplier Ducommun said on Monday that it had received an unsolicited non-binding indication of takeover interest from private direct investment firm Albion River at $60.00 per share in cash.
Mon 08 Apr 2024 14:06
(Sharecast News) - Ted Baker is set to close 15 stores and axe around 245 jobs, it emerged on Monday.
Mon 08 Apr 2024 13:41
(Sharecast News) - Caledonia Mining announced the appointment of James Mufara as its chief operating officer on Monday, effective 1 May.
Mon 08 Apr 2024 13:37
(Sharecast News) - Comptoir Group announced the opening of a new 'Shawa' restaurant at Zayad International Airport in Abu Dhabi on Monday, on 31 March.
Mon 08 Apr 2024 13:29
(Sharecast News) - Podcast producer and distributor Audioboom said in an update on Monday that it had bolstered its revenue operations with the recruitment of two seasoned sales executives, as it reached a record high for advertising inventory.
Mon 08 Apr 2024 13:24
(Sharecast News) - Bango reported substantial growth across a number of financial indicators in its final 2023 results on Monday, with transactional revenue surging 79% year-on-year to $32.7m.
Mon 08 Apr 2024 11:46
(Sharecast News) - US paper giant International Paper is reportedly closing in on a formal £5bn-plus bid for London-listed packaging group DS Smith.
Mon 08 Apr 2024 11:25
(Sharecast News) - Aptamer Group announced the submission of a patent application safeguarding newly-crafted Optimer binder sequences on Monday.
Mon 08 Apr 2024 11:22
(Sharecast News) - TSMC, the world's largest chipmaker, has struck an $11.6bn deal with the United States to bolster president Joe Biden's ambitions in AI chip development, it was revealed on Monday.
Mon 08 Apr 2024 11:16
(Sharecast News) - Bradda Head Lithium released results from surface channel samples conducted at the San Domingo Project in central Arizona on Monday.
Mon 08 Apr 2024 11:10
(Sharecast News) - West Africa-focussed gold explorer Oriole Resources announced the renewal of the exploration licence for the Senala gold project in Senegal on Monday.
Mon 08 Apr 2024 11:07
(Sharecast News) - Cora Gold announced plans for an exploration drill programme at its Madina Foulbé gold permit within the Kenieba Project Area in east Senegal on Monday, set to start shortly.
Mon 08 Apr 2024 11:00
(Sharecast News) - Serabi Gold updated the market on its regional exploration campaign at the Palito complex in the Tapajos region of Para State in northern Brazil on Monday, reporting significant progress and findings.
Mon 08 Apr 2024 10:52
(Sharecast News) - Metallurgical coal miner Bens Creek Group announced an agreement with its largest shareholder Avani Resources on Monday, for the purchase of 20,000 tons of off-spec coal.
Mon 08 Apr 2024 10:44
(Sharecast News) - Mirriad Advertising shot higher on Monday as it announced a strategic agreement with US ad tech company TripleLift, which it said was "key to accelerating programmatic sales in the US and beyond".
Mon 08 Apr 2024 10:42
(Sharecast News) - Offshore energy products group Tekmar said on Monday that it has recently secured a number of contract awards, with a cumulative value of approximately £6.0m.
Mon 08 Apr 2024 09:53
(Sharecast News) - Santander UK is reportedly cancelling its membership of a key lending standards body because of the duplication of regulatory standards to which the industry is required to adhere.
Mon 08 Apr 2024 09:25
(Sharecast News) - Wood Group is "on the right track" with its turnaround, according to Berenberg, but the broker still cut its target price for shares of the energy and materials engineering and consulting business following the group's recent results.
Mon 08 Apr 2024 09:17
(Sharecast News) - Biopharmaceutical company Faron Pharmaceuticals named Dr Juho Jalkanen as its next chief executive officer on Monday.
Mon 08 Apr 2024 09:10
(Sharecast News) - Cybersecurity firm Intercede said on Monday that it had experienced "strong momentum" in the year ended 31 March.
Mon 08 Apr 2024 08:05
(Sharecast News) - Vet services provider CVS Group said on Monday that it had been hit by a cyber attack which will have an ongoing operational impact on its UK business.
Mon 08 Apr 2024 08:03
(Sharecast News) - RBC Capital Markets has said it sees a buying opportunity at IWG after a recent underperformance in the shares, keeping the workspace solutions group at 'outperform'.
Mon 08 Apr 2024 07:49
(Sharecast News) - Private equity firm Apollo was said to be keeping a keen eye on the impending departure of Entain chairman Barry Gibson, a man who blocked two previous takeover attempts.
Mon 08 Apr 2024 07:45
(Sharecast News) - John Lewis said on Monday that it has appointed Jason Tarry - the former boss of Tesco UK - as its new chairman following Sharon White's decision to step down at the end of her term.
Mon 08 Apr 2024 07:22
(Sharecast News) - Mining giant Rio Tinto announced the appointment of Bold Baatar to the position of chief commercial officer on Monday, responsible for overseeing its commercial and business development operations globally.
Mon 08 Apr 2024 07:16
(Sharecast News) - FTSE 250-listed investment firm Caledonia Investments saw a solid increase in net asset value in the year ended 31 March, with all three investment pools contributing to growth.
Mon 08 Apr 2024 07:16
(Sharecast News) - Cake Box said on Monday that full-year profits were set to be "slightly ahead" of market expectations following strong growth across the business.
Mon 08 Apr 2024 07:02
(Sharecast News) - AstraZeneca and Daiichi Sankyo's Enhertu cancer drug has been approved in the US for adult patients with unresectable or metastatic solid tumours who have received prior systemic treatment and have no satisfactory alternative options.
Fri 05 Apr 2024 13:38
(Sharecast News) - The US economy added more jobs than expected in March, while the unemployment rate ticked lower, according to figures released on Friday by the Commerce Department.
Fri 05 Apr 2024 13:34
(Sharecast News) - Pinewood Technologies announced a significant return of value to shareholders on Friday, following the disposal of its UK motor and leasing business to Lithia, as it announced on 1 February.
Fri 05 Apr 2024 13:23
(Sharecast News) - Taylor Maritime Investments announced a proposal by its subsidiary, Grindrod Shipping Holdings, to conduct selective capital reduction on Friday.
Fri 05 Apr 2024 13:07
(Sharecast News) - Tekcapital updated the market on its investee company Guident on Friday, as the latter incorporated its remote monitoring and control (RMCC) technology into the MiCa autonomous shuttle being developed by Auve Tech.
Fri 05 Apr 2024 12:44
(Sharecast News) - NAHL Group confirmed on Friday that it is currently investigating the potential sale of its critical care business, Bush & Co.
Fri 05 Apr 2024 12:24
(Sharecast News) - Thames Water holding company Kemble Water Finance has defaulted on its debts after failing to make good on an interest payment due earlier this week.
Fri 05 Apr 2024 12:18
(Sharecast News) - Johnson & Johnson said on Friday that it has agreed to buy Shockwave Medical, which develops products for the treatment of cardiovascular disease, for $13.1bn.
Fri 05 Apr 2024 11:54
(Sharecast News) - Hutchmed China announced the upcoming presentation of new and updated data from various studies featuring compounds it had discovered on Friday, at the American Association of Cancer Research (AACR) annual meeting from 5 to 10 April in San Diego, California.
Fri 05 Apr 2024 11:49
(Sharecast News) - Natural resources developer Red Rock Resources updated the market on two key areas on Friday, being the ongoing arbitration in the Democratic Republic of the Congo (DRC) related to the VUP copper-cobalt joint venture, and developments regarding its gold assets in Burkina Faso.
Fri 05 Apr 2024 11:45
(Sharecast News) - Specialist castings and engineering group Chamberlin announced significant changes to its board on Friday, with non-executive chairman Keith Butler-Wheelhouse retiring from the board with immediate effect after 12 years of service.
Fri 05 Apr 2024 11:42
(Sharecast News) - Cellular agriculture investor Agronomics announced a significant investment of $10m in its portfolio company Liberation Labs on Friday, as part of a broader $12.5m financing round, with existing investor Siddhi Capital also participating.
Fri 05 Apr 2024 11:37
(Sharecast News) - Steppe Cement said in an update on Friday that in the first quarter of 2024, it sold 175,383 tonnes of cement, generating KZT 3.78bn (£6.69m) in revenue.
Fri 05 Apr 2024 10:56
(Sharecast News) - Beeks Financial Cloud announced a strategic collaboration with Securities & Trading Technology (STT) on Friday, which it described as a reputable entity specialising in trading, clearing, and surveillance technology.
Fri 05 Apr 2024 10:41
(Sharecast News) - Shares in AIM-listed Rua Life Sciences soared on Friday after the medical device business revealed that full-year margins will be stronger than expected as a result of strict cost control.
Fri 05 Apr 2024 10:02
(Sharecast News) - Administrators to The Body Shop are reportedly drawing up plans to launch a further restructuring process in a bid to salvage a future for the well-known high street brand.
Fri 05 Apr 2024 09:13
(Sharecast News) - Analysts at Berenberg slightly raised their target price on The Gym Group from 115.0p to 121.0p on Friday, stating the firm's new growth plan could very well deliver gains.
Fri 05 Apr 2024 08:32
(Sharecast News) - Wincanton confirmed on Friday morning that Ceva Bidco's increased and final bid to acquire Wincanton had lapsed.
Fri 05 Apr 2024 07:57
(Sharecast News) - Credit data firm Experian has agreed to buy Illion, one of the leading consumer and commercial credit bureaus in Australia and New Zealand, for up to AUD820m (£427.2m).
Fri 05 Apr 2024 07:48
(Sharecast News) - OSB Group said on Friday that it has appointed Victoria Hyde as its new chief financial officer and executive director with effect from 10 May.
Fri 05 Apr 2024 07:40
(Sharecast News) - Wine retailer Majestic has bought struggling wine bar chain Vagabond Wines, safeguarding 170 jobs and saving nine of its 12 bars from closure.
Fri 05 Apr 2024 07:39
(Sharecast News) - Shares in Alliance Pharma slipped on Friday after the healthcare company said that its full-year results would be delayed.
Fri 05 Apr 2024 07:23
(Sharecast News) - AstraZeneca announced positive high-level results from a phase three trial demonstrating significant advancements in the treatment of limited-stage small cell lung cancer (LS-SCLC) on Friday.
Fri 05 Apr 2024 07:13
(Sharecast News) - Oil and gas titan Shell has raised its short-term production forecasts and said it expects an increase in margins as it updated its guidance for the first quarter on Friday.
Thu 04 Apr 2024 16:04
(Sharecast News) - Google's parent Alphabet is reportedly considering making an offer to acquire HubSpot, an online marketing software firm valued at $35bn.
Thu 04 Apr 2024 14:57
(Sharecast News) - Investors' attention at the end of the week will be squarely on the U.S. non-farm payrolls report for March.
Thu 04 Apr 2024 14:39
(Sharecast News) - RBC Capital Markets has lifted its target price for budget airline Ryanair after upping its forecasts on the back of lower fuel cost projections.
Thu 04 Apr 2024 14:34
(Sharecast News) - Cleaning, hygiene and decontamination service provider React Group announced the acquisition of three significant contracts, collectively valued at over £1.3m annually, on Thursday.
Thu 04 Apr 2024 14:30
(Sharecast News) - Photonic components and systems specialist Gooch & Housego said in an update on Thursday that in its first half, it saw some customers in its industrial and medical laser markets adjusting their inventory levels, resulting in reduced demand for certain products.
Thu 04 Apr 2024 14:27
(Sharecast News) - RBC Capital Markets cut its price target on Burberry on Thursday to 1,200p from 1,500p as it reduced estimates ahead of the full-year results, which it said are unlikely to surprise positively.
Thu 04 Apr 2024 13:33
(Sharecast News) - International Paper said on Thursday that it had made "significant progress" in reciprocal due diligence with regards to a potential takeover offer for UK-based DS Smith, and that it could seek a secondary listing in London if a deal goes ahead.
Thu 04 Apr 2024 12:14
(Sharecast News) - GetBusy announced the acquisition of the trade and assets of SmartPath on Thursday, which it described as a pricing intelligence and revenue optimisation platform tailored for the accounting industry.
Thu 04 Apr 2024 12:07
(Sharecast News) - Plant Health Care announced the registration with the Mexican Federal Commission for the Protection against Sanitary Risk (COFEPRIS) of PHC68949, a biological nematode control product, and its impending commercial launch in Mexico on Thursday.
Thu 04 Apr 2024 11:57
(Sharecast News) - Eco Animal Health announced the sale of 'ECOmectin Horsepaste' to its manufacturing partner Acme Drugs in Italy on Thursday, for total consideration of €1.3m.
Thu 04 Apr 2024 11:56
(Sharecast News) - Shares of BT Group appear heavily undervalued and "ripe for a major re-rating", JPMorgan Cazenove said in a note on Thursday.
Thu 04 Apr 2024 11:52
(Sharecast News) - Cavendish Financial said in an update on Thursday that in the second half of its financial year it experienced significant growth, with revenues expected to reach £34.5m, representing an increase of around 77% compared to the pro forma revenue of £19.5m in the first half.
Thu 04 Apr 2024 11:46
(Sharecast News) - Amaroq Minerals announced a significant milestone on Thursday, with the successful start of the first underground mining blast at the Nalunaq site in Southern Greenland.
Thu 04 Apr 2024 11:34
(Sharecast News) - Onshore hydrocarbon explorer and developer Union Jack Oil announced the approval of its ordinary shares for trading on the OTCQB Venture Market in the US on Thursday, with trading starting at market open under the ticker 'UJOGF'.
Thu 04 Apr 2024 11:17
(Sharecast News) - Amazon's cloud computing arm, Amazon Web Services (AWS), announced significant layoffs affecting hundreds of employees overnight on Thursday, in its physical stores technology and sales and marketing sectors.
Thu 04 Apr 2024 11:05
(Sharecast News) - The long-standing owner of high street beauty retailer Space NK is reportedly preparing to put it up for sale with a price tag of more than £300m.
Thu 04 Apr 2024 10:03
(Sharecast News) - Supermarket chain Co-op Group posted a sharp drop in full-year profits on Thursday as a result of record levels of shoplifting and competition from discount rivals.
Thu 04 Apr 2024 09:43
(Sharecast News) - Energy industry services business Gulf Marine Services said on Thursday that both revenue and profits had grown in 2023.
Thu 04 Apr 2024 09:24
(Sharecast News) - Vehicle retailer Motorpoint said on Thursday that full-year pre-tax losses were set to be "at the favourable end" of management expectations following a strong performance in the fourth quarter.
Thu 04 Apr 2024 09:10
(Sharecast News) - Building materials distributor Lords Group announced the appointment of Stuart Kilpatrick as its new chief financial officer on Thursday, succeeding Chris Day.
Thu 04 Apr 2024 09:03
(Sharecast News) - French luxury giant Kering has announced that it is spending €1.3bn (£1.1bn) on a historic building in Milan, giving it one of the largest retail spaces in the city's fashion district.
Thu 04 Apr 2024 08:42
(Sharecast News) - CAB Payments surged on Thursday after its Dutch subsidiary secured a payment service provider licence with De Nederlandsche Bank N.V. (DNB).
Thu 04 Apr 2024 08:41
(Sharecast News) - Ascential expanded on its plans to return £850m to shareholders on Thursday, involving a tender offer to acquire up to £300m of Ascential shares, a special dividend of at least £450m, and on-market share buyback programmes to acquire £100m of Ascential shares.
Thu 04 Apr 2024 08:10
(Sharecast News) - Grocery property investor Supermarket Income REIT announced an interim dividend for the quarter ended 31 March on Thursday, of 1.515p per share.
Thu 04 Apr 2024 08:03
(Sharecast News) - Ocado said on Thursday that chairman Rick Haythornthwaite will be stepping down next year "due to his increasing commitment" as the recently-appointed chair of NatWest.
Thu 04 Apr 2024 07:52
(Sharecast News) - DS Smith, the packaging group at the centre of a a bidding war between UK-listed Mondi and US firm International Paper, has extended the so-called 'put up or shut up' deadline for the former to make a firm offer.
Thu 04 Apr 2024 07:47
(Sharecast News) - Bet365 has been fined £582,120 by the Gambling Commission for anti-money laundering and social responsibility failures at its online business.
Thu 04 Apr 2024 07:38
(Sharecast News) - Power generation business Drax has signed a new £150m term-loan facility to help refinance its debt.
Thu 04 Apr 2024 07:37
(Sharecast News) - The Competition and Markets Authority said on Thursday that it will launch an in-depth investigation into the planned £15bn merger between Vodafone and CK Hutchison's Three that was announced last year.
Thu 04 Apr 2024 07:23
(Sharecast News) - Chinese state-owned banks will play a pivotal role in the future of Thames Water as the utility provider remains at loggerheads with lenders in a stand-off over debt at its parent company.
Thu 04 Apr 2024 07:22
(Sharecast News) - Future reported a return to organic revenue growth in its second quarter on Thursday, largely attributed to robust performances in Go.Compare, B2B sectors, and resilient magazine sales.
Thu 04 Apr 2024 07:16
(Sharecast News) - Entain, the sports betting and gambling group currently without a permanent chief executive, has announced that chair Barry Gibson will also step down later this year following a four-year tenure.
Wed 03 Apr 2024 14:57
(Sharecast News) - Duke Capital announced a follow-on investment of £3.85m into its existing capital partner, New Path Fire and Security, on Wednesday.
Wed 03 Apr 2024 14:13
(Sharecast News) - GreenRoc Mining announced on Wednesday that the Greenland government has approved the extension of its exclusive mineral exploration licence 2022-03.
Wed 03 Apr 2024 14:03
(Sharecast News) - Telecommunications and cloud computing test and measurement specialist Calnex Solutions said in an update on Wednesday that for the 2024 financial year, it anticipated results in line with market expectations, with revenues reaching £16.3m and margins maintained.
Wed 03 Apr 2024 13:58
(Sharecast News) - Corero Network Security announced a substantial contract renewal and expansion with a prominent US software-as-a-service (SaaS) provider on Wednesday, marking one of its most significant transactions to date.
Wed 03 Apr 2024 13:54
(Sharecast News) - Genedrive shares were surging on Wednesday, after it received a significant endorsement from the UK's National Institute for Health and Care Excellence (NICE) regarding its 'CYP2C19-ID' test.
Wed 03 Apr 2024 13:48
(Sharecast News) - Specialist finance provider Time Finance announced a significant expansion of its asset finance facility in collaboration with the British Business Bank on Wednesday, under its 'ENABLE' funding programme.
Wed 03 Apr 2024 13:18
(Sharecast News) - SDX announced the start of drilling operations for the Beni Malek-2 well (BMK-2) in the Rharb Basin of Morocco on Wednesday, situated 1.5 kilometres from the BMK-1 discovery well.
Wed 03 Apr 2024 12:38
(Sharecast News) - Alpha Group International affirmed its plan to seek admission to the Official List premium segment and trade on the main market of the London Stock Exchange on Wednesday.
Wed 03 Apr 2024 11:52
(Sharecast News) - America's central bank will continue to be front and centre on investors' minds on Thursday.
Wed 03 Apr 2024 11:30
(Sharecast News) - AB Dynamics announced the completed acquisition of Venshure Test Services (VTS) on Wednesday, marking a significant expansion of its testing capabilities, particularly in the United States.
Wed 03 Apr 2024 10:48
(Sharecast News) - Shares in biopharma giant GSK were in the red on Wednesday, pulling back after a strong performance so far this year, but broker Berenberg still sees further upside, reiterating a 'buy' rating on the stock.
Wed 03 Apr 2024 10:07
(Sharecast News) - International Distributions Services proposed an end to daily Second Class deliveries by Royal Mail on Wednesday, in its submission to Ofcom on the future of the Universal Service, in a bid to save up to £300m per year.
Wed 03 Apr 2024 10:00
(Sharecast News) - Supermarket Income REIT announced an increase in its unsecured facility with Sumitomo Mitsui Banking Corporation (SMBC) of £37.5m on Wednesday, bringing the total to £104.5m.
Wed 03 Apr 2024 10:00
(Sharecast News) - Supermarket Income REIT announced an increase in its unsecured facility with Sumitomo Mitsui Banking Corporation (SMBC) of £37.5m on Wednesday, bringing the total to £104.5m.
Wed 03 Apr 2024 09:37
(Sharecast News) - Virgin Atlantic reported record total revenue of £3.1bn in its 2023 results on Wednesday, up £265m year-on-year as the long-haul airline capitalised on demand for premium leisure travel and holidays.
Wed 03 Apr 2024 08:44
(Sharecast News) - Barclays has upgraded its rating on industrial real estate group Segro by two notches from 'underweight' to 'overweight' as part of its review of the European warehouse sector.
Wed 03 Apr 2024 08:07
(Sharecast News) - De La Rue said on Wednesday that it has signed a five-year renewal of its contract with Microsoft for the supply of "innovative authentication solutions" to the company's OEM, Retail and Xbox channels.
Wed 03 Apr 2024 07:55
(Sharecast News) - German engineering firm Siemens confirmed late on Tuesday that it does not intend to make an offer for London-listed Renishaw.
Wed 03 Apr 2024 07:51
(Sharecast News) - Low-cost airline Ryanair reported an 8% jump in March traffic on Wednesday.
Wed 03 Apr 2024 07:39
(Sharecast News) - Topps Tiles cautioned on Wednesday that first-half profitability would be hit by a number of factors including a weaker market, as it reported a fall in revenues.
Wed 03 Apr 2024 07:36
(Sharecast News) - Healthcare group Spire has announced the recent sale of one of its leasehold hospitals in Tunbridge Wells for £10m, which it says was part of its "consistent and proactive approach to portfolio management".
Wed 03 Apr 2024 07:23
(Sharecast News) - Low-cost airline Wizz Air said in an update on Wednesday that it transported 4,778,980 passengers in March, marking a 12% increase compared to the same period last year.
Wed 03 Apr 2024 07:16
(Sharecast News) - Peel Hunt said in an update on Wednesday that it expected revenue for the financial year just ended to align closely with market projections, reaching about £85.5m - a notable uptick of around 4% compared to £82.3m in the 2023 period.
Wed 03 Apr 2024 07:15
(Sharecast News) - Activity in China's services sector grew as expected in March, according to figures released on Wednesday.
Wed 03 Apr 2024 07:12
(Sharecast News) - Meat, seafood and meat alternatives group Hilton Foods saw profits rise by a fifth in 2023 despite modest top-line growth. helped by the turnaround in its seafood business.
Tue 02 Apr 2024 15:47
(Sharecast News) - Royal Mail has appointed a senior executive from Heathrow to become its next boss as parent company International Distribution Services looks to turn its fortunes around.
Tue 02 Apr 2024 15:16
(Sharecast News) - Naked Wines confirmed the appointment of Rodrigo Maza as group chief executive officer on Tuesday, as it entered its 2025 financial year.
Tue 02 Apr 2024 15:13
(Sharecast News) - Communications and radiofrequency technology specialist MTI Wireless Edge announced on Tuesday that its antenna division had secured a significant repeat order for the production of military antennas.
Tue 02 Apr 2024 15:10
(Sharecast News) - Cellular agriculture investor Agronomics announced on Tuesday that its portfolio company Onego Bio has secured €27m in its series A financing round.
Tue 02 Apr 2024 14:09
(Sharecast News) - Shares in Superdry tanked by more than half on Tuesday after the struggling fashion retailer revealed that chief executive Julian Dunkerton had decided against making an offer for company.
Tue 02 Apr 2024 12:59
(Sharecast News) - DSW Capital announced the appointment of Peter 'Pete' Fendall to its board on Tuesday, as its chief operating officer.
Tue 02 Apr 2024 12:48
(Sharecast News) - Software Circle announced the sale of the domain name Printing.com to JAL Equity, a prominent owner and operator of marketing, printing, signage, and promotion businesses in the US, for $2.27m (£1.8m) on Tuesday.
Tue 02 Apr 2024 12:35
(Sharecast News) - Transport technology specialist Cordel Group said in an update on Tuesday that the $6.7m contract with Amtrak was progressing favourably.
Tue 02 Apr 2024 12:29
(Sharecast News) - United Oil & Gas updated the market on the Waddock Cross oil field on Tuesday, in which it holds a 26.25% working interest, announcing the extension of the PL090 licence, the home of the Waddock Cross field, for an additional five years.
Tue 02 Apr 2024 12:23
(Sharecast News) - Sunrise Resources announced an agreement for the sale of 29 mining claims dedicated to diatomite in the Crow Springs area of Nevada on Tuesday, to Dicalite Management Group.
Tue 02 Apr 2024 12:17
(Sharecast News) - Digital marketing and communications specialist, the Mission Group reported revenue of £86.3m in its final results for 2023 on Tuesday, reflecting an increase of £6.7m.
Tue 02 Apr 2024 12:11
(Sharecast News) - Hutchmed China announced the acceptance and granting of priority review by the China National Medical Products Administration (NMPA) for a new drug application combining fruquintinib and sintilimab for the treatment of advanced endometrial cancer on Tuesday.
Tue 02 Apr 2024 09:40
(Sharecast News) - Swiss banking giant UBS on Tuesday announced plans to launch a new $2bn share buyback programme following the completion of its merger with Credit Suisse.
Tue 02 Apr 2024 09:00
(Sharecast News) - Engineering services provider Renew Holdings said in an update on Tuesday that its first half trading performance matched management's projections, with robust demand across all its primary markets.
Tue 02 Apr 2024 08:36
(Sharecast News) - Analysts at ShoreCap upgraded their recommendation for shares of Frontier Developments from 'hold' to 'buy', citing the shares' valuation and progress on its shift back to its core strength.
Tue 02 Apr 2024 07:54
(Sharecast News) - Shares in Renewi rose strongly on Tuesday after the FTSE 250-listed recycling firm announced the opening of a new hard plastics sorting facility in The Netherlands which it said will help deliver on its sustainable organic growth objectives.
Tue 02 Apr 2024 07:34
(Sharecast News) - Investors' focus in the middle of the week will be on Fedspeak, not least a speech by U.S. central bank governor Jerome Powell.
Tue 02 Apr 2024 07:23
(Sharecast News) - Bank of Georgia announced a milestone in its expansion plans involving the acquisition of Ameriabank on Tuesday.
Tue 02 Apr 2024 07:16
(Sharecast News) - RHI Magnesita said it was buying Resco Group, a US-based producer of alumina monolithics and refractories, for up to $430m.
Tue 02 Apr 2024 07:08
(Sharecast News) - America's drug regulator gave the green light to AstraZeneca's for the add-on use of Voydeya in the treatment of extravascular haemolysis (EVH) in patients with paroxysmal nocturnal haemoglobinuria (PNH).
Thu 28 Mar 2024 15:58
(Sharecast News) - Simec Atlantis Energy confirmed the receipt of the first £5m milestone payment under its agreement with EL Uskmouth, a subsidiary of FPC Electric Land, on Thursday.
Thu 28 Mar 2024 15:53
(Sharecast News) - Audio-visual specialist MediaZest said in an update on Thursday that, as explained in its full-year results earlier this month, it had seen a significant increase in activity during the final quarter of the last financial year ended 30 September.
Thu 28 Mar 2024 15:01
(Sharecast News) - Analysts at Berenberg downgraded their recommendation for shares of DFS Furniture from 'buy' to 'hold' on anticipation that management's guidance for improved demand in mid-2024 would prove premature.
Thu 28 Mar 2024 13:27
(Sharecast News) - Networking processing semiconductor technology specialist Ethernity Networks said in an update on Thursday that, throughout the year to date, it had engaged positively with several potential new customers, including two OEM vendors.
Thu 28 Mar 2024 13:02
(Sharecast News) - Hutchmed China announced a significant milestone in its cancer treatment work on Thursday, with the supplemental new drug application (sNDA) for savolitinib had been accepted for review by the China National Medical Products Administration (NMPA).
Thu 28 Mar 2024 12:56
(Sharecast News) - Wholesaler Kitwave announced the acquisition of Total Foodservice Solutions on Wednesday, an independent food wholesaler operating in the North of England.
Thu 28 Mar 2024 12:51
(Sharecast News) - Information management and geospatial software specialist Idox said in a trading update on Thursday that its operational and financial performance had remained in line with the board's expectations in the financial year to date, instilling confidence in its outlook.
Thu 28 Mar 2024 12:43
(Sharecast News) - James Latham said in a trading update on Thursday that fiscal year revenue had remained in line with market forecasts, with stable cost prices seen for both timber and panels.
Thu 28 Mar 2024 11:44
(Sharecast News) - Pantheon Resources reported progress in its development planning and funding initiatives in an update on Thursday.
Thu 28 Mar 2024 11:20
(Sharecast News) - Shares in American retail pharmacy chain Walgreens Boots Alliance rose on Thursday despite the company cutting its annual targets due to challenging conditions in the US, as sales in its second quarter came in ahead of expectations.
Thu 28 Mar 2024 10:57
(Sharecast News) - Home Depot said on Thursday that it has agreed to buy SRS Distribution, a residential specialty trade distribution company, for around $18.25bn.
Thu 28 Mar 2024 09:20
(Sharecast News) - Shore Capital has reiterated its 'buy' rating for JD Sports after a reassuring trading update from the sportswear and footwear retailer, which has given the stock a boost as it recovers after a profit warning at the start of the year.
Thu 28 Mar 2024 09:16
(Sharecast News) - Berenberg has hiked its target price for controls, seals and life sciences equipment firm Diploma by 16%, saying there is "a lot to like" about this week's acquisition of US-based specialty fasteners business Peerless.
Thu 28 Mar 2024 09:02
(Sharecast News) - Infrastructure investment company International Public Partnerships reported full-year dividend growth of 5% in its full-year results on Thursday, to 8.13p per share, in line with the increased dividend target it had set earlier.
Thu 28 Mar 2024 08:42
(Sharecast News) - Infrastructure investment group 3i Infrastructure said trading towards the end of its financial year has been in line with expectations with its portfolio performing well and delivering strong earnings growth.
Thu 28 Mar 2024 07:56
(Sharecast News) - Electrical retailer AO World said on Thursday that FY24 adjusted pre-tax profit was set to be "at least" at the top end of the guided range of £28m to £33m.
Thu 28 Mar 2024 07:52
(Sharecast News) - Britain's Competition and Markets Authority on Thursday said it would not open an in-depth investigation into Aviva's £460m acquisition of AIG Life UK.
Thu 28 Mar 2024 07:42
(Sharecast News) - Gambling group 888 has announced that it is selling its B2C operations in the US to online sports betting and interactive gaming company Hard Rock Digital after a strategic review of the business.
Thu 28 Mar 2024 07:34
(Sharecast News) - Struggling UK utility Thames Water faced a funding crisis on Thursday as shareholders pulled a £500m bailout after regulators refused its demands to hit customers with massive price hikes, greater leniency for polluting waterways and pay out higher dividends, while its parent company also admitted it couldn't pay back a £190m loan.
Thu 28 Mar 2024 07:27
(Sharecast News) - Capricorn Energy announced plans for a proposed $50m special dividend alongside its full-year results on Thursday.
Thu 28 Mar 2024 07:21
(Sharecast News) - Shares in clothing retailer Quiz were sliding on Thursday morning, after it reported continued subdued trading alongside significant changes to its board, as part of a strategic review.
Thu 28 Mar 2024 07:09
(Sharecast News) - Keysight Technologies has reached a deal to buy Spirent Communications for £1.16bn, outbidding US peer Viavi Solutions which had already agreed to take over the UK telecoms group earlier this month.
Thu 28 Mar 2024 07:05
(Sharecast News) - JD Sports Fashion shares jumped on Thursday as investors breathed a sigh of relief that a trading update essentially reaffirmed guidance after a profits warning in January, despite continuing "challenging" trading and flat like-for-like fourth-quarter sales.
Wed 27 Mar 2024 13:02
(Sharecast News) - Great Western Mining released encouraging results from its ongoing exploration efforts on the Rhyolite Dome gold target on Wednesday, within its Olympic Gold Project in Nevada.
Wed 27 Mar 2024 12:58
(Sharecast News) - Ten Lifestyle Group announced a significant multi-year contract with Emirates NBD, a prominent banking group in the Middle East, North Africa and Türkiye region, on Wednesday.
Wed 27 Mar 2024 12:50
(Sharecast News) - European Metals Holdings updated the market on progress at the Cinovec Project in the Czech Republic on Wednesday, owned by its 49% subsidiary Geomet, focusing on the ongoing definitive feasibility study.
Wed 27 Mar 2024 12:32
(Sharecast News) - Accesso Technology Group announced a partnership on Wednesday with Saudi Entertainment Ventures (Seven), a subsidiary of the Saudi Arabia Public Investment Fund (PIF).
Wed 27 Mar 2024 12:27
(Sharecast News) - Lime and limestone specialist SigmaRoc announced the completion of its acquisition of the UK lime operations of CRH on Wednesday, which it first announced on 4 March.
Wed 27 Mar 2024 12:23
(Sharecast News) - Floor coverings manufacturer and distributor James Halstead reported robust profitability and a record interim dividend in its interim results on Wednesday.
Wed 27 Mar 2024 11:22
(Sharecast News) - Strix Group reported a 35.2% jump in revenue in its 2023 results on Wednesday, to £144.6m, accompanied by an increase in gross profit to £57.2m, up 37.7%.
Wed 27 Mar 2024 11:08
(Sharecast News) - Investors' attention on Thursday will be on a raft of economic data releases on the other side of the Atlantic.
Wed 27 Mar 2024 11:05
(Sharecast News) - Swedish fashion retailer H&M surged on Wednesday after posting better-than-expected results for the first quarter.
Wed 27 Mar 2024 10:28
(Sharecast News) - JPMorgan Cazenove placed shares of BA and Iberia owner IAG on 'positive catalyst watch' on Wednesday ahead of first-quarter results and following minor changes to estimates published yesterday.
Wed 27 Mar 2024 10:14
(Sharecast News) - Old Mutual reported notable growth in its results for 2023 on Wednesday, including a 14% increase in results from operations, reaching ZAR 8.34bn (£349.18m), and a 21% rise in adjusted headline earnings to ZAR 5.86bn.
Wed 27 Mar 2024 10:06
(Sharecast News) - Vanquis Banking Group reported a significant second-half turnaround on Wednesday, as after recording a loss in the first half, its new management team implemented swift changes, resulting in an adjusted profit before tax of £30.4m in the second six months of 2023.
Wed 27 Mar 2024 10:04
(Sharecast News) - Martin Sorrell's S4 Capital appointed a new chief operating officer on Wednesday as it reported a drop in revenues as clients cut back on advertising spend.
Wed 27 Mar 2024 09:39
(Sharecast News) - SSE said on Wednesday that it was narrowing its guidance for full-year 2023/24 adjusted earnings per share, partly to reflect improved renewables output.
Wed 27 Mar 2024 09:08
(Sharecast News) - An investigation into controversial former Endeavour Mining boss Sébastien de Montessus found two more "deliberately disguised" payments totalling $15m to an unnamed third party, the company said on Wednesday.
Wed 27 Mar 2024 09:07
(Sharecast News) - Sirius Real Estate announced a significant portfolio expansion on Wednesday, with the acquisition of Vantage Point Business Village in Gloucestershire.
Wed 27 Mar 2024 09:04
(Sharecast News) - Revolution Beauty lifted its full-year outlook on Wednesday after continued strong trading.
Wed 27 Mar 2024 09:04
(Sharecast News) - UK regulators have ordered Asda, Asos and Boohoo to avoid "greenwashing" environmental claims on the clothing they sell.
Wed 27 Mar 2024 08:37
(Sharecast News) - European shares were flat at the open as investors looked for direction and shares in Swedish fashion giant H&M surged after profits smashed estimates.
Wed 27 Mar 2024 08:20
(Sharecast News) - Gambling software firm Playtech said on Wednesday that it was on track to meet its medium-targets after it performed ahead of expectations in FY2023.
Wed 27 Mar 2024 07:50
(Sharecast News) - Peel Hunt said on Wednesday that BC Omega Holdco sold 50m ordinary shares in TI Fluid Systems in a placing.
Wed 27 Mar 2024 07:35
(Sharecast News) - CMC Markets said on Wednesday that FY 2024 net operating income was set to exceed the top end of the previously-guided range of £290m to £310m as positive momentum continued into the fourth quarter after a strong performance in Q3.
Wed 27 Mar 2024 07:29
(Sharecast News) - North Sea oil and gas producer Ithaca Energy on Wednesday said it was looking at a potential tie-up with Italy's largest energy firm Eni covering its UK assets and reported a slump in annual profits blaming the British government's energy tax and project impairments.
Wed 27 Mar 2024 07:24
(Sharecast News) - Travis Perkins announced on Wednesday that Nick Roberts, who has served as chief executive officer for five years, would be stepping down from his role and from the board.
Wed 27 Mar 2024 07:13
(Sharecast News) - RBC Capital Markets cut its price target on Dr Martens on Wednesday to 85p from 100p as it lowered its estimates for FY24-26 earnings per share by 7% to 10%.
Wed 27 Mar 2024 07:13
(Sharecast News) - Economic sentiment in the eurozone showed signs of improvement with a closely watched survey showing businesses were becoming more upbeat about future prospects.
Wed 27 Mar 2024 07:10
(Sharecast News) - Diploma said it had bought Peerless Aerospace Fastener, a distributor of specialty fasteners into the US and European aerospace markets for £236m.
Tue 26 Mar 2024 17:26
(Sharecast News) - A bidding war was potentially on the cards on Tuesday as packaging company DS Smith - which recently agreed to be taken over by Mondi - confirmed it is in talks with New York-listed International Paper about a possible takeover offer.
Tue 26 Mar 2024 16:52
(Sharecast News) - Peel Hunt said on Tuesday that BC Omega Holdco plans to sell around 30m shares in TI Fluid Systems in a placing to institutional investors.
Tue 26 Mar 2024 16:10
(Sharecast News) - Shares Ferrexpo fell on Tuesday after the iron ore pellet maker said a court had stopped the transfer of ownership and other share-related corporate rights of the company's Ukraine subsidiaries.
Tue 26 Mar 2024 14:33
(Sharecast News) - Niox Group reported a robust 18% increase in revenue in its final results on Tuesday, amounting to £36.8m compared to £31.3m in the prior year.
Tue 26 Mar 2024 14:28
(Sharecast News) - Remote monitoring technology specialist Big Technologies reported double-digit organic revenue growth of 10% in its preliminary results on Tuesday, reaching £55.2m compared to £50.2m in 2022.
Tue 26 Mar 2024 14:20
(Sharecast News) - Amaroq Minerals reported a robust liquidity position in its full-year results on Tuesday, with group liquidity reaching CAD 78.2m (£45.62m) as of 31 December.
Tue 26 Mar 2024 14:15
(Sharecast News) - YouGov reported 9% growth in revenue in its first-half results on Tuesday, to £143.1m, with underlying growth at 2% compared to the prior year.
Tue 26 Mar 2024 12:11
(Sharecast News) - CAB Payments' stock dropped sharply on Tuesday after the cross-border payments and FX services provider underwhelmed with its 2023 results, with profits weighed down by IPO-related costs after its stock-market debut last year.
Tue 26 Mar 2024 11:38
(Sharecast News) - Fevertree Drinks reported a mixed set of results for 2023 on Tuesday, with UK revenue down 1% to £114.8m, while US revenue jumped 22% to reach £117m.
Tue 26 Mar 2024 11:32
(Sharecast News) - The Co-operative Bank announced plans to slash 400 jobs on Tuesday, or about 12% of its current 3,000-strong workforce, in a bid to streamline operations and reduce costs.
Tue 26 Mar 2024 11:16
(Sharecast News) - Auto Trader slumped on Tuesday as JPMorgan Cazenove placed the shares on 'negative catalyst watch' ahead of FY24 results in May.
Tue 26 Mar 2024 11:09
(Sharecast News) - Shares in Trump Media & Technology Group surged in pre-market trading on Tuesday ahead of its debut on the Nasdaq as the owner of Donald Trump's Truth Social social-media platform starts its first day as a public company valued at nearly $7bn.
Tue 26 Mar 2024 10:38
(Sharecast News) - Gambling operator 888 Holdings reported a significant uptick in revenue in its 2023 results on Tuesday, up 38% to £1.71bn, while adjusted EBITDA jumped 41% to £308.3m on a reported basis.
Tue 26 Mar 2024 10:38
(Sharecast News) - Gambling operator 888 Holdings reported a significant uptick in revenue in its 2023 results on Tuesday, up 38% to £1.71bn, while adjusted EBITDA jumped 41% to £308.3m on a reported basis.
Tue 26 Mar 2024 10:10
(Sharecast News) - WAG Payment Solutions, trading as Eurowag, reported sustained robust growth across its products and services in its preliminary results on Tuesday, meeting expectations for 2023.
Tue 26 Mar 2024 10:06
(Sharecast News) - Goldman Sachs downgraded Dr Martens to 'sell' from 'neutral' on Tuesday and cut the price target to 87p from 93p.
Tue 26 Mar 2024 09:36
(Sharecast News) - IT infrastructure specialist Softcat reported an 8.8% fall in first-half revenue on Tuesday, to £467.2m, but still achieved double-digit growth in gross profit, rising 11% to £196.5m.
Tue 26 Mar 2024 09:24
(Sharecast News) - Paddy Power owner Flutter Entertainment posted a widening of its full-year losses on Tuesday due to one-off costs, but revenue surged and the company guided to 30% growth in 2024 core profit thanks to a strong performance in the US.
Tue 26 Mar 2024 09:19
(Sharecast News) - Shares in Wood Group slumped on Tuesday despite an upgrade to its current-year outlook, as the engineering company reported wider-than-expected losses and increased debt levels for 2023.
Tue 26 Mar 2024 08:16
(Sharecast News) - Petershill Partners reported an adjusted profit after tax of $200m in its preliminary results on Monday, down from $273m year-on-year.
Tue 26 Mar 2024 07:56
(Sharecast News) - Pets at Home backed its full-year profit guidance on Tuesday as fourth-quarter trends have been as expected.
Tue 26 Mar 2024 07:54
(Sharecast News) - Interim profits at UK housebuilder Bellway dropped by more than a half on the back of a slump in housing completions and a deterioration in margins, but the company pointed to an improving economic outlook as mortgage rates continue to fall back.
Tue 26 Mar 2024 07:50
(Sharecast News) - Revolution Bars confirmed on Tuesday that it is exploring strategic options, including the potential sale of all or part of the group.
Tue 26 Mar 2024 07:35
(Sharecast News) - British beverages and energy drinks maker AG Barr beat its own guidance with a 16.1% jump in full-year profits in 2023 as it managed to outperform the wide soft drinks market.
Tue 26 Mar 2024 07:31
(Sharecast News) - UK-based online fashion retailer ASOS said first-half sales fell 18% but held guidance for a decline over the full year as a turnaround plan started to take shape.
Tue 26 Mar 2024 07:23
(Sharecast News) - Affordable housing group Vistry has signed two new partnership agreements that will see it build 1,900 new homes in East Anglia and the South of England.
Tue 26 Mar 2024 07:22
(Sharecast News) - Ocado Group reported strong trading at its Ocado Retail venture in the first quarter on Tuesday, with an 8.1% year-on-year increase in total item volumes propelling retail revenue to £645.3m, itself up 10.6%.
Tue 26 Mar 2024 07:21
(Sharecast News) - Genel Energy reported a significant decline in revenue to $84.8m in its full-year results on Tuesday, from $401.9m in 2022, attributed in part to the average Brent oil price dropping to $82 compared to $101 year-on-year.
Tue 26 Mar 2024 07:20
(Sharecast News) - RBC Capital Markets downgraded Mobico on Tuesday to 'sector perform' from 'outperform' and cut the price target to 80p from 110p following the company's update a day earlier.
Tue 26 Mar 2024 07:03
(Sharecast News) - UK engineering group Smiths named a new chief executive and launched a £100m share buyback as it reaffirmed annual guidance after a rise in half-year earnings.
Mon 25 Mar 2024 15:41
(Sharecast News) - Lexington Gold updated the market on its ongoing drill programmes at the Jennings-Pioneer project in the US and the Bothaville project in South Africa on Monday.
Mon 25 Mar 2024 15:37
(Sharecast News) - Chip specialist Sondrel announced on Monday that it has successfully concluded negotiations for a material design and supply contract, as first announced on 27 February.
Mon 25 Mar 2024 15:33
(Sharecast News) - Orosur Mining updated the market on its Anzá Project in Colombia on Monday, the centrepiece of an exploration agreement with Minera Monte Águila (MMA), a joint venture equally owned by Newmont and Agnico Eagle Mines.
Mon 25 Mar 2024 15:27
(Sharecast News) - Abingdon Health updated the market on the development of self-tests for sexually transmitted diseases (STDs) on Monday, announcing the completion of the 'design freeze' stage for four key tests in collaboration with Devyn.
Mon 25 Mar 2024 15:20
(Sharecast News) - West Africa-focussed gold explorer Oriole Resources announced plans for a phase five diamond drilling programme at its Bibemi orogenic gold project in Cameroon on Monday, scheduled to start in the second quarter.
Mon 25 Mar 2024 14:57
(Sharecast News) - JPMorgan Cazenove said on Monday that Experian was its top pick in the European business services sector, along with Bureau Veritas, both of which it rates at 'overweight'.
Mon 25 Mar 2024 14:32
(Sharecast News) - Central Asia Metals reported a decrease in gross revenue in its 2023 results on Monday, to $207.4m, down from $232.2m in the prior year.
Mon 25 Mar 2024 14:17
(Sharecast News) - Investors' focus on Tuesday will be on a raft of economic reports due out in the States.
Mon 25 Mar 2024 12:18
(Sharecast News) - Boeing announced a series of changes within its board and management on Monday, with Dave Calhoun announcing his resignation, as the aerospace giant navigated turbulence around its 737 MAX product.
Mon 25 Mar 2024 12:17
(Sharecast News) - Monoclonal antibody specialist BioVentix reported a 13% rise in first-half revenue on Monday, to £6.7m, compared to £5.9m in the prior year.
Mon 25 Mar 2024 12:07
(Sharecast News) - Ocado fell on Monday following a report over the weekend suggesting the company is under pressure over executive pay after an influential proxy adviser urged shareholders to vote against a new bonus scheme that could see boss Tim Steiner paid as much as £14.8m.
Mon 25 Mar 2024 11:06
(Sharecast News) - The European Union said it had started investigations into Google owner Alphabet, Apple and Meta over potentially uncompetitive practices.
Mon 25 Mar 2024 11:04
(Sharecast News) - Danish pharma giant Novo Nordisk has announced it is spending just over a billion euros to take over heart treatment specialist Cardior Pharmaceuticals.
Mon 25 Mar 2024 09:57
(Sharecast News) - JPMorgan Cazenove placed Ashtead on 'positive catalyst watch' on Monday ahead of its capital markets day in Atlanta on 29 April, as it expects the stock to outperform into/on the event.
Mon 25 Mar 2024 09:10
(Sharecast News) - Ferrexpo updated the market on the proceedings involving its subsidiary Ferrexpo Poltava Mining (FPM) on Monday.
Mon 25 Mar 2024 08:08
(Sharecast News) - Virgin Wines said on Monday that it was confident of meeting its full-year 2024 profit expectations following a "positive" first-half performance.
Mon 25 Mar 2024 08:03
(Sharecast News) - Octopus Renewables Infrastructure Trust (ORIT), the clean energy investment fund of Octopus Energy Group, reported a small drop in net asset value in 2023, but still upped its payouts to shareholders after what it deemed a "resilient" performance.
Mon 25 Mar 2024 07:36
(Sharecast News) - Water group Pennon said it expects to report full-year results in line with expectations as it makes record levels of investment in the current pricing cycle, though challenging weather conditions have impacted its waste-water operational performance.
Mon 25 Mar 2024 07:35
(Sharecast News) - Shares in National Express owner Mobico slumped on Monday after the transport company issued a profit warning and said its annual results would be delayed further due to auditing issues at its German rail business.
Mon 25 Mar 2024 07:23
(Sharecast News) - AstraZeneca has announced that its autoimmune disease treatment Ultomiris has been given the green light by US regulators.
Mon 25 Mar 2024 07:17
(Sharecast News) - UK-listed property developer Henry Boot has said that, while it expects macro conditions to improve this year, the company will see a "lag" in performance with results likely to be weighted to the second half.
Mon 25 Mar 2024 07:16
(Sharecast News) - Direct Line said on Monday that it was confident in its standalone prospects after Belgium's Ageas announced it would not be making an offer for the insurer following two failed attempts at engaging with the board.
Mon 25 Mar 2024 07:04
(Sharecast News) - B&Q owner Kingfisher on Monday warned current-year profit would fall short of expectations after it posted weaker earnings for 2023-24 as the home improvement market continued to lag behind demand for housing.
Fri 22 Mar 2024 16:38
(Sharecast News) - Rocky Mountains-focussed oil and gas operator Zephyr Energy announced the start of drilling activities at the State 36-2R well at its primary project in Utah's Paradox Basin on Friday.
Fri 22 Mar 2024 16:35
(Sharecast News) - Coloured gemstone specialist Gemfields said in a trading update on Friday that its two primary operating assets, Kagem and MRM, contributed revenues of $89.9m and $151.4m respectively in 2023, a slight decrease from the prior year.
Fri 22 Mar 2024 16:23
(Sharecast News) - Light Science Technologies announced its participation in a 12-month collaboration funded by the Department for Environment, Food and Rural Affairs (Defra) and Innovate UK's Transforming Food Production Challenge on Friday, with a total value of £0.23nm.
Fri 22 Mar 2024 16:23
(Sharecast News) - Light Science Technologies announced its participation in a 12-month collaboration funded by the Department for Environment, Food and Rural Affairs (Defra) and Innovate UK's Transforming Food Production Challenge on Friday, with a total value of £0.23nm.
Fri 22 Mar 2024 16:18
(Sharecast News) - Shares in fleet management, insurance telematics and connected vehicle technology specialist Trakm8 were sliding on Friday, after it warned that the conclusion of a large contract deal would slip into next financial year.
Fri 22 Mar 2024 16:10
(Sharecast News) - Alba Mineral Resources updated the market on its activities at the Lower Llechfraith workings within the Clogau-St David's Gold Mine in north Wales on Friday, and advancements across the broader Dolgellau Gold Belt.
Fri 22 Mar 2024 14:34
(Sharecast News) - Roadside Real Estate announced Friday that it has completed its third acquisition under its joint venture with Meadow Partners, focussed on UK-based roadside real estate assets.
Fri 22 Mar 2024 14:28
(Sharecast News) - Angus Energy announced the resignation of Patrick 'Paddy' Clanwilliam from his position as non-executive chairman on Friday.
Fri 22 Mar 2024 13:22
(Sharecast News) - Shares in Switzerland's Galderma jumped on Friday, as trading got underway in the dermatology specialist.
Fri 22 Mar 2024 12:28
(Sharecast News) - US activist investor Elliott Management has taken a 5% stake in Scottish Mortgage Investment Trust.
Fri 22 Mar 2024 11:57
(Sharecast News) - Structural steel and construction safety specialist Billington announced the acquisition of six significant contracts on Friday, with a cumulative value of £90m.
Fri 22 Mar 2024 11:27
(Sharecast News) - Tesla has reportedly cut production at its plant in China amid sluggish growth in electric vehicle sales and intense competition in the world's biggest auto market.
Fri 22 Mar 2024 10:53
(Sharecast News) - Spain's Banco Santander said on Friday it was on track to return more than €6bn to shareholders in 2024, following a strong start to the year.
Fri 22 Mar 2024 10:24
(Sharecast News) - FedEx shares were soaring in pre-market trade on Friday after the delivery and logistics giant lifted its 2024 guidance and unveiled plans to buy back $5bn of shares following a better-than-expected third quarter.
Fri 22 Mar 2024 09:50
(Sharecast News) - The sovereign wealth fund of Bahrain has taken full ownership of supercar manufacturer McLaren, according to Sky News.
Fri 22 Mar 2024 09:21
(Sharecast News) - RBC Capital Markets downgraded St James's Place on Friday to 'sector perform' from 'outperform' and slashed the price target to 500p from 900p.
Fri 22 Mar 2024 09:04
(Sharecast News) - Aston Martin Lagonda on Friday announced Bentley Motors boss Adrian Hallmark would join the luxury car maker as chief executive officer by October this year.
Fri 22 Mar 2024 09:00
(Sharecast News) - Computacenter's chair of five years Peter Ryan has announced his intention to step down from the head of the board, the tech services company said on Friday.
Fri 22 Mar 2024 09:00
(Sharecast News) - Berenberg has cut its rating for housebuilder Redrow from 'buy' to 'hold' following the company's announced merger with Barratt Developments.
Fri 22 Mar 2024 08:54
(Sharecast News) - Intercede said on Friday that its full-year performance was set to be ahead of market expectations following an order for a new licence test environment and further "strong" trading.
Fri 22 Mar 2024 07:52
(Sharecast News) - Jefferies said on Friday that KKR Dark Aggregator sold 19.4m shares in cybersecurity firm Darktrace in a placing.
Fri 22 Mar 2024 07:48
(Sharecast News) - Shares in James Fisher and Sons surged on Friday after the marine, oil and gas services group announced the sale of its RMSpumptools division to US oilfield tech firm ChampionX for £90m.
Fri 22 Mar 2024 07:43
(Sharecast News) - Gambling operator 888 Holdings announced on Friday that it has received notice from the Gambling Commission that it had completed its review of the group's operating licences under the Gambling Act 2005.
Fri 22 Mar 2024 07:42
(Sharecast News) - AIM-listed toilet paper maker Accrol said on Friday that it has agreed to be bought by Portuguese paper firm Navigator in a £127.5m deal.
Fri 22 Mar 2024 07:32
(Sharecast News) - Vodafone and Three UK have been told to find ways to assuage Britain's competition regulator that their planned $19bn merger would not leave consumers worse off or face a full investigation.
Fri 22 Mar 2024 07:21
(Sharecast News) - UK insurer and asset manager Legal & General Group has scaled back its plans for China, it was reported on Friday.
Fri 22 Mar 2024 07:20
(Sharecast News) - Computacenter delivered another record year of revenues and adjusted profits with gross invoiced income topping the £10bn mark, but said that trading conditions at the start of this year are likely to be challenging.
Fri 22 Mar 2024 07:15
(Sharecast News) - Phoenix Group announced robust set of results for 2023 on Friday, with total cash generation of £2.024bn exceeding its upgraded target of £1.8bn for the year.
Fri 22 Mar 2024 07:03
(Sharecast News) - Shares in JD Wetherspoon tanked on Friday despite the UK pub chain reporting surging interim profits as trading continued to improve from the impact of the Covid pandemic, with like-for-like sales up 5.8% in the seven weeks to March 17.
Fri 22 Mar 2024 07:00
(Sharecast News) - German business sentiment improved in March, according to a survey released on Friday by the Ifo Institute.
Thu 21 Mar 2024 19:05
(Sharecast News) - Jefferies said on Thursday that KKR Dark Aggregator plans to sell a stake of around 2.5% in cybersecurity firm Darktrace in a placing to institutional investors.
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