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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.
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.
Thu 21 Mar 2024 16:26
(Sharecast News) - Digital brain health solutions developer Cambridge Cognition announced the creation of a scientific advisory board on Thursday.
Thu 21 Mar 2024 16:21
(Sharecast News) - Feedback has secured £50,000 in funding to initiate a Community Diagnostic Centre (CDC) pathway pilot with the Oldham CDC, it announced on Thursday, managed by the Northern Care Alliance.
Thu 21 Mar 2024 16:17
(Sharecast News) - Capital Metals, a mineral sands company on the verge of mine development at the high-grade Eastern Minerals Project in Sri Lanka, reported substantial progress in securing necessary permits and approvals for its operations on Thursday.
Thu 21 Mar 2024 16:11
(Sharecast News) - Synthetic DNA product developer 4basebio announced on Thursday that its client, Helix Nanotechnologies, has achieved a significant milestone with the receipt of HREC approval in Australia.
Thu 21 Mar 2024 15:05
(Sharecast News) - BAE Systems said on Thursday that it and ASC Pty Ltd have been selected by the Australian government to build the country's new fleet of nuclear powered submarines.
Thu 21 Mar 2024 15:05
(Sharecast News) - Shares in iPhone maker Apple were firmly lower on Thursday after the Department of Justice sued the tech giant for allegedly violating antitrust laws and preventing smartphone customers from switching to its rivals.
Thu 21 Mar 2024 13:40
(Sharecast News) - AIM-listed XLMedia said on Thursday that it has agreed to sell its Europe and Canada assets for up to $42.5m to performance marketing and sports betting media firm Gambling.com (GAMB).
Thu 21 Mar 2024 13:38
(Sharecast News) - Mercia Asset Management announced an expanded role in bolstering regional business growth on Thursday, with the acquisition of two new fund mandates from the British Business Bank (BBB).
Thu 21 Mar 2024 13:33
(Sharecast News) - Financial markets' focus at the end of the week would be on the UK consumer.
Thu 21 Mar 2024 13:16
(Sharecast News) - PetroTal said in an update on Thursday that in the fourth quarter, it saw average sales and production of 15,033 and 14,865 barrels of oil per day, respectively.
Thu 21 Mar 2024 13:10
(Sharecast News) - Avacta Group announced a significant milestone in its phase 1a dose escalation study of AVA6000, its lead 'preCISION' drug, on Thursday.
Thu 21 Mar 2024 13:00
(Sharecast News) - Trading in social media platform Reddit got under way on the New York Stock Exchange on Thursday, in one of the most high- profile tech debuts of recent years.
Thu 21 Mar 2024 12:23
(Sharecast News) - Berenberg has hiked its target price for partnerships-focused affordable-housing builder Vistry by 15% but kept a 'hold' rating on the stock, saying the company is "well positioned, but delivery risk remains".
Thu 21 Mar 2024 11:45
(Sharecast News) - Banking giants Barclays and Citigroup were reportedly gearing up to trim their investment banking workforce, it emerged on Thursday, amid a slowdown in dealmaking activity within the sector.
Thu 21 Mar 2024 11:44
(Sharecast News) - Flooring specialist Victoria announced the appointment of Roberto Moreno as its new group chief strategy officer and principal duty manager on Thursday.
Thu 21 Mar 2024 10:10
(Sharecast News) - Kurdistan-focused oil group Gulf Keystone Petroleum (GKP) swung to a small loss in 2023 as the suspension of exports and continued delays to payments from the regional government had a material impact on its financial performance.
Thu 21 Mar 2024 09:50
(Sharecast News) - RBC Capital Markets downgraded Redrow on Thursday to 'sector perform' from 'outperform' following a period of outperformance and the fact the share price is now linked to that of Barratt Developments.
Thu 21 Mar 2024 09:24
(Sharecast News) - Shares in automotive engineering group Dowlais dropped on Thursday despite the announcement of a £50m share buyback, as the company pointed to stable revenues in 2024.
Thu 21 Mar 2024 09:09
(Sharecast News) - RBC Capital Markets upgraded BA and Iberia owner IAG on Thursday to 'outperform' from 'sector perform' and lifted the price target to 220p from 200p.
Thu 21 Mar 2024 09:09
(Sharecast News) - Energean posted a surge in annual sales and earnings on Thursday, after the successful ramp-up of production from the Karish offshore gas field.
Thu 21 Mar 2024 09:09
(Sharecast News) - 3i Group said in its third-quarter update on Thursday that its largest portfolio company, the Benelux discount retailer Action, recorded notable growth in its 2023 financial year, with net sales reaching €11.32bn and operating EBITDA hitting €1.62bn, marking a 28% and 34% increase, respectively, compared to 2022.
Thu 21 Mar 2024 08:23
(Sharecast News) - Ascential saw shares rise on Thursday after the events, intelligence and advisory company announced a capital return of £850m to shareholders after beating analysts' forecasts with its 2023 results.
Thu 21 Mar 2024 08:08
(Sharecast News) - Direct Line posted a widening of its full-year losses on Thursday as it announced a new £100m cost-savings plan and declared a 4p a share dividend.
Thu 21 Mar 2024 07:59
(Sharecast News) - Warhammer maker Games Workshop said trading in the three months to the end of February 2024 had been in line with expectations.
Thu 21 Mar 2024 07:52
(Sharecast News) - Virgin Money has formally agreed to be taken over by Nationwide Building Society in a £2.9bn deal.
Thu 21 Mar 2024 07:29
(Sharecast News) - Gold miner Centamin said its outlook for 2024 remained unchanged as it delivered annual production in line with guidance despite local inflationary cost pressures.
Thu 21 Mar 2024 07:23
(Sharecast News) - FirstGroup announced on Thursday that it has secured the contract from Transport for London (TfL) to operate the London Cable Car between the Greenwich Peninsula and the Royal Docks area along the River Thames.
Thu 21 Mar 2024 07:20
(Sharecast News) - Scientific instrument sector investor Judges Scientific reported a 20% uptick in 2023 revenue in its final results on Thursday, reaching £136.1m, although its shares were sliding on a more uncertain outlook for 2024.
Thu 21 Mar 2024 07:11
(Sharecast News) - Savings and investments firm M&G beat analysts' forecasts with its 2023 results, with net client flows, adjusted profits and operating capital generation all up materially on the previous year.
Thu 21 Mar 2024 07:09
(Sharecast News) - Shares in UK fashion retailer Next jumped on Thursday as it held guidance for 2024 after posting a better-than-expected 5% rise in annual profits and flagged lower prices for customers this year.
Wed 20 Mar 2024 16:04
(Sharecast News) - Investors' focus on Thursday will be firmly on the Bank of England's interest rate decision.
Wed 20 Mar 2024 14:09
(Sharecast News) - Troubled US plane maker Boeing on Wednesday said it would burn more cash in the first quarter than expected as it slowed production of its 737 passenger model after a panel blew off an Alaska Airlines flight in January.
Wed 20 Mar 2024 13:43
(Sharecast News) - FDM Group tumbled on Wednesday as it warned that its 2024 financial performance was likely to be "materially below" its earlier expectations amid soft market conditions.
Wed 20 Mar 2024 12:40
(Sharecast News) - Pubs and brewing group Shepherd Neame reported a jump in half-term sales and earnings on Wednesday, as inflationary pressures started to ease.
Wed 20 Mar 2024 12:18
(Sharecast News) - Netcall announced a significant contract renewal with an unnamed transportation company on Wednesday, with the £7.6m five-year contract extension effective from 1 April reflecting a £0.4m annual increase compared to the original agreement.
Wed 20 Mar 2024 12:04
(Sharecast News) - EKF Diagnostics reported revenue of £52.6m in its final results on Wednesday, aligning with market projections, although lower than the prior year's figure of £66.6m.
Wed 20 Mar 2024 11:57
(Sharecast News) - Geospatial technology company IQGeo reported a set of results exceeding market expectations for 2023 on Wednesday, achieving a record order intake of £57.2m, representing 40% growth compared to the prior year.
Wed 20 Mar 2024 11:36
(Sharecast News) - Chip giant Intel saw shares rise strongly in pre-market trade on Wednesday after it announced the receipt of nearly $20bn from the government as part of its plans to invest more than $100bn over the next five years, creating 10,000 new jobs across four sites in the US.
Wed 20 Mar 2024 11:30
(Sharecast News) - Transense Technologies named Ryan Maughan as its new managing director on Wednesday, effective immediately.
Wed 20 Mar 2024 11:28
(Sharecast News) - US food giant General Mills reported better-than-expected quarterly numbers on Wednesday, boosted by higher prices and market share gains.
Wed 20 Mar 2024 11:16
(Sharecast News) - Animal feed additives specialist Anpario reported revenue of £31m in its final results on Wednesday, down 6% year-on-year.
Wed 20 Mar 2024 11:10
(Sharecast News) - Biopharmaceutical company Poolbeg Pharma announced on Wednesday that it has received a notice of allowance from the US Patent Office regarding its immunomodulator II patent application.
Wed 20 Mar 2024 11:06
(Sharecast News) - Strategic Minerals announced on Wednesday that its wholly-owned subsidiary Cornwall Resources (CRL) has finalised an exclusivity and prospecting agreement with the Duchy of Cornwall to advance the commercialisation of mineral rights in the East Cornwall and Tamar Valley region.
Wed 20 Mar 2024 11:00
(Sharecast News) - Lateral flow test specialist Abingdon Health announced a partnership with Crest Medical on Wednesday, to introduce Boots' own-brand rapid self-tests across the UK and online.
Wed 20 Mar 2024 10:31
(Sharecast News) - Retailer Mike Ashley is to act as an adviser to Hornby, it was confirmed on Wednesday, after the tycoon's Frasers Group boosted its stake in the model specialist.
Wed 20 Mar 2024 09:59
(Sharecast News) - CleanTech Lithium announced the start of operations at its pilot plant on Wednesday, marking a significant milestone in its advancement of lithium projects in Chile.
Wed 20 Mar 2024 09:42
(Sharecast News) - Shares in Gucci-owner Kering tumbled on Wednesday, after the French luxury group warned on profits.
Wed 20 Mar 2024 09:32
(Sharecast News) - Financial services company Equals Group said on Wednesday that revenues had grown by more than a quarter in the first three months of its fiscal year as a result of "robust" trading across the business, with particularly strong growth from its solutions unit.
Wed 20 Mar 2024 09:31
(Sharecast News) - Shares in Close Brothers Group continued to surge on Wednesday after the merchant bank's first-half results in which the company eased investors' concerns about an upcoming regulatory probe, with Berenberg providing an extra boost after lifting its target price for the stock.
Wed 20 Mar 2024 09:15
(Sharecast News) - Bakery chain Greggs was facing disruptions in its operations on Wednesday morning, due to an IT issue impacting card payments.
Wed 20 Mar 2024 09:04
(Sharecast News) - HSBC upgraded Elementis to 'buy' on Wednesday and lifted the price target to 170p from 150p as it said it was impressed by the company's portfolio quality and management execution "amid a challenging macro and weak end markets".
Wed 20 Mar 2024 07:45
(Sharecast News) - Vitruvian Partners has sold 15.5m shares in Trustpilot in a placing at 200p each.
Wed 20 Mar 2024 07:36
(Sharecast News) - Fintech and consultancy group Alpha Group International reported double-digit growth across the board for 2023 and said that 2024 has started well, but sounded a note of caution about how the year will play out as monetary policy begins to ease.
Wed 20 Mar 2024 07:23
(Sharecast News) - Computacenter shares were sliding on Wednesday morning, despite the company reporting a record year for revenue, gross profit and adjusted earnings per share.
Wed 20 Mar 2024 07:17
(Sharecast News) - International banking and wealth management group Investec delivered a "solid" full-year performance on Wednesday despite a prevailing "uncertain macroeconomic environment" and "persistent market volatility".
Wed 20 Mar 2024 07:15
(Sharecast News) - UK inflation eased a little more than expected in February, according to figures released on Wednesday by the Office for National Statistics, fuelling expectations of a rate this summer.
Wed 20 Mar 2024 07:10
(Sharecast News) - Shares in Prudential tanked on Wednesday despite the insurance giant saying it is "increasingly confident" in meeting its long-term targets following a strong 2023, during which new business profits jumped by almost a half.
Wed 20 Mar 2024 07:08
(Sharecast News) - Johnson Matthey is selling its medical device components business to Montagu Private Equity for $700m (£550m), the company said on Wednesday.
Tue 19 Mar 2024 21:25
(Sharecast News) - All eyes on Wednesday will be on the U.S. central bank.
Tue 19 Mar 2024 16:06
(Sharecast News) - Andrada Mining announced a financing deal through subsidiary Uis Tin Mining Company (UTMC) Tuesday, with Bank Windhoek.
Tue 19 Mar 2024 13:43
(Sharecast News) - Fashion brand Ted Baker is set to call in administrators, it emerged on Tuesday.
Tue 19 Mar 2024 12:58
(Sharecast News) - Majestic Wine is reportedly in advanced talks to buy Vagabond Wines, the London-based chain that filed notice of its intention to appoint administrators earlier this month.
Tue 19 Mar 2024 12:51
(Sharecast News) - Adjusted profits at Chinese tech giant Xiaomi more than trebled in its fourth quarter to beat analysts' forecasts, though full-year revenues were down on 2022 as a result of a drop in smartphone sales.
Tue 19 Mar 2024 12:38
(Sharecast News) - Personal Group announced a landmark contract signing by its pay and reward division on Tuesday, with an undisclosed global airline, for its reward consultancy arm Innecto.
Tue 19 Mar 2024 12:29
(Sharecast News) - Digital marketing specialist Team Internet Group announced the acquisition of Shinez and its subsidiaries on Tuesday to strengthen its portfolio and presence in the online marketing sector.
Tue 19 Mar 2024 12:23
(Sharecast News) - Mortgage Advice Bureau said in its final results on Tuesday that despite a challenging environment, it achieved a revenue increase of 3.8% in 2023 to £239.5m, and a notable 11.5% rise in gross profit, reaching £70.2m.
Tue 19 Mar 2024 12:04
(Sharecast News) - Financial technology and support specialist Fintel reported a 5.6% increase in adjusted EBITDA in its 2023 results on Tuesday, to £20.5m, with a margin improvement to 31.5%.
Tue 19 Mar 2024 11:43
(Sharecast News) - Tesco, the UK's largest retailer, faced defeat in an appeal regarding a trademark infringement case brought against it by the privately-held limited assortment discounter Lidl, it emerged on Tuesday.
Tue 19 Mar 2024 11:42
(Sharecast News) - Audio-visual specialist distributor Midwich Group reported a revenue increase of 7.1% in its full-year results on Tuesday, to £1.29bn, up from £1.2bn in 2022.
Tue 19 Mar 2024 11:33
(Sharecast News) - Corporate gas and electricity provider Yu Group reported a 65% increase in revenue in its final results on Tuesday, to £460m in 2023, up from £278.6m in the prior year.
Tue 19 Mar 2024 11:28
(Sharecast News) - Atalaya Mining reported a solid increase in copper production in its results for 2023 on Tuesday, reaching 51.7 thousand tonnes at cash costs of $2.79 per pound and an all-in sustaining cost of $3.09 per pound.
Tue 19 Mar 2024 11:22
(Sharecast News) - Sustainable palm oil producer MP Evans described a challenging market environment in its final results for 2023 on Tuesday, primarily due to a lower crude palm oil (CPO) price environment compared to the exceptionally high prices seen in 2022.
Tue 19 Mar 2024 11:16
(Sharecast News) - Cohort announced a landmark contract through its subsidiary Chess Dynamics on Tuesday, valued at £15.7m, with BAE Systems Maritime Australia for the provision of the advanced Sea Eagle surveillance systems.
Tue 19 Mar 2024 10:52
(Sharecast News) - German business sentiment improved in March, according to a survey released on Tuesday by the ZEW Center for European Economic Research in Mannheim.
Tue 19 Mar 2024 10:44
(Sharecast News) - Antofagasta said it had secured a loan deal to finance construction of a $2.5bn second concentrator at its Centinela mine in Chile.
Tue 19 Mar 2024 10:14
(Sharecast News) - Travel and lifestyle concierge business Ten Lifestyle Group said on Tuesday that it had reached record adjusted underlying earnings profitability in the first half of its trading year, with active membership continuing to grow throughout the period.
Tue 19 Mar 2024 09:46
(Sharecast News) - Biotherapeutics company PureTech Health has proposed a capital return of $100.0m to its shareholders by way of a tender offer.
Tue 19 Mar 2024 09:39
(Sharecast News) - Haleon said on Tuesday that Pfizer has sold a larger-than-expected stake in the consumer healthcare group, taking its interest down to 22.6% from 32%.
Tue 19 Mar 2024 09:32
(Sharecast News) - Analysts at Berenberg slashed their target price on audio products manufacturer Focusrite from 700.0p to 410.0p on Tuesday following the group's profit warning a day earlier.
Tue 19 Mar 2024 09:30
(Sharecast News) - Data solutions firm Celebrus Technologies said on Tuesday that its full-year results were seen in line with market expectations, with both revenue and profits improving year-on-year.
Tue 19 Mar 2024 09:17
(Sharecast News) - Trustpilot said on Tuesday that it swung to a profit in 2023 as revenue and user numbers jumped.
Tue 19 Mar 2024 08:14
(Sharecast News) - RBC Capital Markets upgraded its stance on Vistry on Tuesday as it took a fresh look at the house housebuilder following full-year results.
Tue 19 Mar 2024 08:07
(Sharecast News) - Oil and gas explorer Diversified Energy posted a rise in earnings despite weaker prices and announced the $410m acquisition of producing reserves in the central region of the US.
Tue 19 Mar 2024 08:05
(Sharecast News) - Essential components manufacturer Essentra said it had delivered a "resilient" performance in 2023, with the group progressing towards its medium-term targets.
Tue 19 Mar 2024 07:58
(Sharecast News) - Merchant banking group Close Brothers saw shares surge on Tuesday after it announced a raft of measures - including the suspension of dividends - to strengthen its capital position as it prepares for the conclusion of a regulatory probe into motor finance.
Tue 19 Mar 2024 07:32
(Sharecast News) - DIY and trade home-improvement retailer Wickes beat market forecasts despite a drop in its annual profits, but warned that trading since the start of the year continues to be challenging.
Tue 19 Mar 2024 07:24
(Sharecast News) - Crest Nicholson said on Tuesday that it has become aware of build defects on four sites that were completed prior to 2019 that could cost it up to £15m to fix.
Tue 19 Mar 2024 07:23
(Sharecast News) - Unilever unveiled its latest move to expedite its growth action plan (GAP) on Tuesday, through the separation of its ice cream business and the introduction of a significant productivity programme.
Tue 19 Mar 2024 07:19
(Sharecast News) - Shares in Sabre Insurance were rising on Tuesday after the motor insurance underwriter doubled its dividend payout for 2023, proposing a bumper special dividend after a huge surge in profits last year.
Tue 19 Mar 2024 07:05
(Sharecast News) - AstraZeneca said it had agreed to buy biopharmaceutical company Fusion Pharmaceuticals for up to $2bn.
Tue 19 Mar 2024 07:04
(Sharecast News) - Diageo has announced that non-executive director and former Cabinet Office official Sir John Manzoni will step in as its new chair when Javier Ferrán retires from the head of the board next year.
Mon 18 Mar 2024 17:27
(Sharecast News) - All eyes will be on the Bank of Japan with some traders banking on an end to its policy of negative interest rates and yield curve control.
Mon 18 Mar 2024 16:58
(Sharecast News) - Analysts at Berenberg slightly raised their target price on global internet business Team Internet Group on Monday after the group's full-year results came in "marginally ahead" of numbers provided at the time of its trading update on 29 January.
Mon 18 Mar 2024 15:01
(Sharecast News) - Celsius Resources updated the market on its its flagship Maalinao-Caigutan-Biyog (MCB) mining project on Monday, reporting that the Philippine Department of Environment and Natural Resources granted its subsidiary Makilala Mining Company (MMCI) a mineral production sharing agreement (MPSA) on 15 March.
Mon 18 Mar 2024 14:55
(Sharecast News) - Africa-focussed mine developer and operator Shuka Minerals said in an update on Monday that it had resolved a longstanding dispute with Upendo Group concerning its Rukwa coal mining asset.
Mon 18 Mar 2024 14:14
(Sharecast News) - Faron Pharmaceuticals announced further encouraging data from the first phase of its 'BEXMAB' trial on Monday, targeting higher-risk (HR) myelodysplastic syndrome (MDS) patients who had failed prior hypomethylating agent (HMA) treatment.
Mon 18 Mar 2024 12:50
(Sharecast News) - Digital bank Monzo is reportedly in talks to sell an additional stake to one of Singapore's sovereign wealth funds.
Mon 18 Mar 2024 12:49
(Sharecast News) - Chariot announced a strategic review of its transitional power division on Monday, in a move aimed at optimising its operations and maximising shareholder value.
Mon 18 Mar 2024 12:45
(Sharecast News) - Battery metals explorer and producer Corcel updated the market on the findings of its initial exploration activities at the Canegrass lithium project in Western Australia on Monday.
Mon 18 Mar 2024 12:36
(Sharecast News) - Oil and gas engineering service provider Plexus Holdings reported a surge in sales revenue in its interim results on Monday, to £5.9m, compared to £0.71m a year ago.
Mon 18 Mar 2024 12:28
(Sharecast News) - Walk-through security technology company Thruvision announced the successful completion of operational test and evaluation for its 'WalkTHRU' system on Monday.
Mon 18 Mar 2024 12:16
(Sharecast News) - Phoenix Group slumped on Monday after The Times suggested it will report a one-off provision of £70m in its annual results on Friday to cover the cost of reducing customer charges.
Mon 18 Mar 2024 12:13
(Sharecast News) - TruFin updated the market on its UK-based games publishing subsidiary Playstack on Monday, reporting a significant milestone with its latest release, Balatro, surpassing one million unit sales.
Mon 18 Mar 2024 12:07
(Sharecast News) - Gold producer Metals Exploration said on Monday that it has appointed Nick von Schirnding as chairman, with immediate effect.
Mon 18 Mar 2024 12:00
(Sharecast News) - GSK unveiled promising outcomes from a phase three trial of 'Jemperli', or dostarlimab, in treating primary advanced or recurrent endometrial cancer on Monday.
Mon 18 Mar 2024 09:53
(Sharecast News) - Powerhouse Energy's wholly-owned Engsolve subsidiary has secured its maiden contract for the building and installation of its production train for TrimTabs, a South Wales-based process technology company pioneering the low-cost, sustainable production of carbon nanotubes.
Mon 18 Mar 2024 09:43
(Sharecast News) - Mathematical modelling and data science company Physiomics has been awarded "a substantial new contract" by an existing large pharmaceutical client.
Mon 18 Mar 2024 09:39
(Sharecast News) - Audio products business Focusrite warned on Monday that full-year revenue and profits would be lower than consensus estimates as a result of "challenging market conditions" and continued weakness in Asia.
Mon 18 Mar 2024 09:27
(Sharecast News) - Analysts at RBC Capital Markets hiked their target price on specialist insurance business Beazley from 775.0p to 975.0p on Monday, stating the stock's "re-rating journey starts here".
Mon 18 Mar 2024 09:22
(Sharecast News) - RBC Capital Markets downgraded British Gas owner Centrica on Monday to 'sector perform' from 'outperform' as it revisited the company's capex opportunities and assessed where it now stands on future growth options.
Mon 18 Mar 2024 09:00
(Sharecast News) - Swiss computer accessories giant Logitech surprised markets on Monday, announcing that chief financial officer Charles Boynton would depart in May, having served in the role for just over a year.
Mon 18 Mar 2024 08:07
(Sharecast News) - Business service and regulatory software company Marlowe said on Monday that subject to completion, proposed returns of capital were expected to commence during the first half of its FY25 financial year, beginning 1 April.
Mon 18 Mar 2024 08:07
(Sharecast News) - Naked Wines slid on Monday following a report the online wine retailer has drafted in debt advisers to explore refinancing options amid tough trading conditions.
Mon 18 Mar 2024 07:51
(Sharecast News) - UK defence contractor Chemring said it had received €66.7m (£57m) from the European Union as part of a €513m funding round to enhance ammunition production capacity.
Mon 18 Mar 2024 07:35
(Sharecast News) - Consumer healthcare company Haleon said on Monday that Pfizer plans to sell around 630m shares in the company in a public offering.
Mon 18 Mar 2024 07:22
(Sharecast News) - Bytes Technology Group updated the market on the sudden recent resignation of its former chief executive officer Neil Murphy on Monday, confirming it came following revelations of undisclosed share transactions.
Mon 18 Mar 2024 07:12
(Sharecast News) - British Land said on Monday that it has sold half its stake in London office 1 Triton Square - the former HQ of Facebook owner Meta - to Royal London Asset Management.
Mon 18 Mar 2024 07:11
(Sharecast News) - Venture capital firm Molten Ventures updated the market on its investment in Perkbox on Monday, after Great Hill Partners announced the merger of Vivup and Perkbox as well as an infusion of investment from the growth equity firm.
Mon 18 Mar 2024 07:04
(Sharecast News) - UK electrical retailer Currys lifted guidance as it reported stronger-than-expected sales since the busy Christmas period.
Fri 15 Mar 2024 14:43
(Sharecast News) - Wishbone Gold unveiled encouraging results from its ongoing diamond drilling at the Cottesloe Project on Friday, a venture it wholly owns.
Fri 15 Mar 2024 14:35
(Sharecast News) - Capital Metals, a mineral sands company advancing towards mine development at the high-grade Eastern Minerals Project in Sri Lanka, announced on Friday that the ASX-listed Sheffield Resources had acquired 10% of the firm.
Fri 15 Mar 2024 14:27
(Sharecast News) - Point-of-care pharmacogenetic testing company Genedrive announced the receipt of a research and development tax credit totalling £0.8m on Friday, taking its unaudited cash balances to £1.2m.
Fri 15 Mar 2024 14:10
(Sharecast News) - Lenders to troubled UK utility Thames Water's parent company have reportedly engaged accountancy firm EY as advisers weeks before a £190m debt falls due and MPs called for the company to be placed into special administration.
Fri 15 Mar 2024 14:04
(Sharecast News) - Currys slumped on Friday as it said Chinese ecommerce giant JD.com does not plan to make an offer for the London-listed electricals retailer.
Fri 15 Mar 2024 13:28
(Sharecast News) - Alien Metals announced a short-term funding facility worth up to AUD 2m (£1.03m) via a convertible loan note on Friday.
Fri 15 Mar 2024 13:21
(Sharecast News) - Mining royalty company Trident Royalties announced significant progress in the development of the Thacker Pass Lithium Project by Lithium Americas Corporation (LAC) on Friday.
Fri 15 Mar 2024 13:15
(Sharecast News) - Bioplastics and radiofrequency technology specialist Biome Technologies announced a new contract for its RF technologies division Stanelco on Friday.
Fri 15 Mar 2024 13:14
(Sharecast News) - Reckitt Benckiser tumbled on Friday amid concerns about baby formula compensation.
Fri 15 Mar 2024 13:11
(Sharecast News) - Biotechnology company Sareum announced on Friday that the European Patent Office had issued a notice of allowance for a patent concerning SDC‐1801, its primary TYK2/JAK1 kinase inhibitor currently undergoing clinical trials in Australia.
Fri 15 Mar 2024 13:07
(Sharecast News) - Zephyr Energy announced on Friday that it had finalised a rig contract with Helmerich & Payne (H&P) for Rig 257, for the redrilling of the State 36-2R well in Utah's Paradox Basin.
Fri 15 Mar 2024 11:49
(Sharecast News) - Shares in LPP Group were suspended on Friday, after short seller Hindenburg Research claimed the Polish retailer's Russian divestments were a "sham", causing the stock to plunge.
Fri 15 Mar 2024 11:32
(Sharecast News) - Beowulf Mining announced a delay in its planned consolidation of 100% ownership of Vardar Minerals on Friday.
Fri 15 Mar 2024 11:23
(Sharecast News) - French shipping firm CMA CGM said on Friday that it has entered into exclusive talks to buy telecoms group Altice for an enterprise value of €1.55bn.
Fri 15 Mar 2024 10:26
(Sharecast News) - Shares in South Africa-focused coal miner MC Mining slipped on Friday after the company reported that half-year losses surged on the back of soaring costs and lower prices.
Fri 15 Mar 2024 10:07
(Sharecast News) - Shore Capital has upgraded British Land and Derwent London to 'buy' in its latest review of the UK real estate sector.
Fri 15 Mar 2024 08:39
(Sharecast News) - RBC Capital Markets has reiterated its 'outperform' rating on Glencore following the mining and commodities giant's annual results last month, saying its cash generation potential remains "solid".
Fri 15 Mar 2024 08:35
(Sharecast News) - Bank of Georgia Group posted a jump in full-year income on Friday, boosted by strong lending and favourable macroeconomic conditions.
Fri 15 Mar 2024 08:32
(Sharecast News) - Scottish Mortgage Investment Trust announced on Friday that it had made available at least £1bn for share buybacks over the next two years, following strong operational results from its public and private portfolio.
Fri 15 Mar 2024 08:03
(Sharecast News) - Jefferies upgraded its rating on packaging firm Mondi on Friday following year-to-date underperformance.
Fri 15 Mar 2024 08:02
(Sharecast News) - Analysts at Shore Capital downgraded Intertek from 'hold' to 'sell' on Friday following the group's recent results.
Fri 15 Mar 2024 07:50
(Sharecast News) - Volution Group said on Friday that full-year earnings per share were set to be ahead of consensus after a "strong" first half.
Fri 15 Mar 2024 07:40
(Sharecast News) - Kazakhstan-based airline Air Astana delivered a double-digit increase in profits and key performance metrics after flying a record number of passengers in 2023, as it gave a positive outlook for the current financial year.
Fri 15 Mar 2024 07:24
(Sharecast News) - RBC Capital Markets downgraded CVS Group on Friday to 'sector perform' from 'outperform' and slashed the price target to 1,200p from 2,100p after the UK Competition and Markets Authority said it had provisionally decided to launch a formal investigation into the vet market.
Fri 15 Mar 2024 07:22
(Sharecast News) -
Fri 15 Mar 2024 07:21
(Sharecast News) - UK competition regulators on Friday said they were taking an initial look into Barratt's £2.52bn takeover of homebuilding rival Redrow.
Fri 15 Mar 2024 07:04
(Sharecast News) - Heat treatment and thermal processing services specialist Bodycote delivered a rise in annual profits, driven by a strong performance at its aerospace and defence division.
Fri 15 Mar 2024 07:01
(Sharecast News) - Berkeley Group reiterated its full-year outlook on Friday and said it had secured the bulk of sales for the next financial year.
Fri 15 Mar 2024 06:45
(Sharecast News) - Vodafone and Swisscom have confirmed that the Swiss telecom group will take over Vodafone Italy for €8bn, enabling the UK company to return €4bn to shareholders.
Thu 14 Mar 2024 15:08
(Sharecast News) - Former Treasury secretary Steven Mnuchin is said to be gathering a consortium of investors to attempt to take over TikTok as the Chinese owned short-video app comes under increasing scrutiny regarding its foreign ownership in the US.
Thu 14 Mar 2024 15:06
(Sharecast News) - Shares in American steel producer US Steel was under pressure on Thursday after president Joe Biden said he's opposed to its $14.9bn takeover by Japan's Nippon Steel.
Thu 14 Mar 2024 15:04
(Sharecast News) - Irn Bru maker AG Barr said on Thursday that up to 195 jobs were at risk as it looks to close some of its sites as part of a business reorganisation.
Thu 14 Mar 2024 13:48
(Sharecast News) - Cadence Minerals updated the market on its investee company, ASX-listed Evergreen Lithium, on Thursday, after the latter disclosed significant developments in its phase three geochemical soil sampling programme at Bynoe in Australia's Northern Territory.
Thu 14 Mar 2024 13:42
(Sharecast News) - Australia-focussed gold explorer and developer ECR Minerals announced the fundraising of £0.59m before expenses on Thursday, to advance its projects in Victoria and Queensland.
Thu 14 Mar 2024 13:36
(Sharecast News) - Symphony Environmental Technologies announced extensions to its existing convertible loan agreements with Sea Pearl Ventures on Thursday, to 31 December 2025, expanding from the previous end date of 30 September 2024.
Thu 14 Mar 2024 13:32
(Sharecast News) - Beeks Financial Cloud announced a significant contract extension with the Johannesburg Stock Exchange (JSE) on Thursday, for the provision of its Exchange Cloud.
Thu 14 Mar 2024 13:27
(Sharecast News) - Welsh Water has been ordered to pay £40m after an investigation found the utility misled both customers and the regulator, it was confirmed on Thursday.
Thu 14 Mar 2024 13:22
(Sharecast News) - Mercia Asset Management announced the completion of syndicated funding rounds into three existing direct investments on Thursday, totalling £5.7m.
Thu 14 Mar 2024 13:19
(Sharecast News) - Inflation data in the U.S. will continue to be in focus at the end of the week.
Thu 14 Mar 2024 13:17
(Sharecast News) - Atome announced on Thursday that HM Revenue and Customs had granted Enterprise Investment Scheme (EIS) status for investments made by qualifying individuals in its recent equity fundraise, announced on 19 February.
Thu 14 Mar 2024 12:50
(Sharecast News) - Analysts at Berenberg slashed their target price on floorings manufacturer Victoria from 600.0p to 300.0p on Thursday but reiterated their 'buy' rating on the stock.
Thu 14 Mar 2024 12:36
(Sharecast News) - Exploration company Firering Strategic Minerals announced the acquisition of 20 million shares in Ricca Resources on Thursday.
Thu 14 Mar 2024 12:33
(Sharecast News) - IG Group's share price advanced on Thursday as the market gave a positive reaction to the firm's third-quarter update and the departure of its chief financial officer and chief operating officer, with broker Shore Capital providing an extra lift by saying the stock offers "deep value".
Thu 14 Mar 2024 12:24
(Sharecast News) - Digital information and document management specialist Restore reported a 1% fall in full-year revenue on Thursday, to £277.1m, while facing a more substantial 15% drop in adjusted operating profit to £44.3m.
Thu 14 Mar 2024 12:16
(Sharecast News) - Professional lighting specialist FW Thorpe reported first-half revenue of £82.6m on Thursday, making for a modest increase of 1% from the prior period.
Thu 14 Mar 2024 11:55
(Sharecast News) - Belgian insurer Ageas is reportedly facing opposition from one of its leading shareholders to a potential takeover of London-listed rival Direct Line.
Thu 14 Mar 2024 11:55
(Sharecast News) - Shares in Dick's Sporting Goods jumped on Thursday, after bumper holiday season trading beat expectations.
Thu 14 Mar 2024 11:22
(Sharecast News) - Burford Capital reported significant gains and robust growth in its annual results on Thursday, with a record surge in realised gains of 40% to $186m.
Thu 14 Mar 2024 11:14
(Sharecast News) - Trading in Anheuser-Busch InBev was temporarily suspended on Thursday, after Marlboro maker Altria Group announced plans to sell down its stake in the brewing giant.
Thu 14 Mar 2024 10:47
(Sharecast News) - Container giant Hapag-Lloyd on Thursday reported a slump in annual profits and cut its dividend as it warned of lower earnings this year due to attacks on commercial shipping in the Red Sea.
Thu 14 Mar 2024 10:45
(Sharecast News) - Engineering group Pressure Technologies said on Thursday that it has been awarded two major contracts, in the defence and green energy sectors.
Thu 14 Mar 2024 10:36
(Sharecast News) - The head of the Financial Conduct Authority (FCA) has said it is "improbable we will find nothing" as it continues to investigate historical motor finance commission arrangements for potential misconduct, but that the impact on the financial sector will unlikely be as severe as the Payment Protection Insurance mis-selling scandal.
Thu 14 Mar 2024 10:34
(Sharecast News) - Energy and water efficiency solutions provider Eneraqua Technologies said on Thursday that full-year revenues and pre-tax losses were seen in line with consensus forecasts.
Thu 14 Mar 2024 10:14
(Sharecast News) - Private investment firm Bridgepoint delivered a "strong" full-year performance on Thursday and said it was "well placed" for continued growth.
Thu 14 Mar 2024 09:51
(Sharecast News) - Shares in International Personal Finance sparked on Thursday, after the London-listed firm posted above-forecast earnings.
Thu 14 Mar 2024 09:22
(Sharecast News) - OSB Group tumbled on Thursday as full-year profits beat expectations but guidance on net interest margin disappointed.
Thu 14 Mar 2024 09:09
(Sharecast News) - Property firm Savills posted a slump in annual profits on Thursday, but said it expected to see a recovery in the real estate market later this year.
Thu 14 Mar 2024 08:42
(Sharecast News) - Wise slid on Thursday after shareholder Valar Velocity Fund 1 placed 4m class A shares in the fintech firm via Morgan Stanley.
Thu 14 Mar 2024 08:02
(Sharecast News) - Energy giant Shell switched up its climate pledge on Thursday and revealed that chief executive Wael Sawan was paid a total of £7.94m in his first year on the job.
Thu 14 Mar 2024 08:02
(Sharecast News) - Telecoms infrastructure firm Helios Towers has hinted that it is closer to distributing cash back to shareholders and said that 2024 is to be an "inflection year" for free cash flow following a period of busy acquisition activity.
Thu 14 Mar 2024 07:56
(Sharecast News) - Greeting cards and gift retailer Moonpig said on Thursday that trading in the current financial year ending 30 April has remained in line with expectations across all of its brands, as it announced a new revolving credit facility.
Thu 14 Mar 2024 07:47
(Sharecast News) - Online trading platform IG Group has reported stable revenues in the third quarter as it announced the resignation of both its chief financial officer and chief operating officer, just two months after the appointment of a new chief executive.
Thu 14 Mar 2024 07:40
(Sharecast News) - Shares in Vistry surged on Thursday after the UK housebuilder posted a jump in annual profits, unveiled another £100m share buyback and forecast higher completions in 2024 driven by strong demand.
Thu 14 Mar 2024 07:35
(Sharecast News) - Deliveroo reported a narrowing of its full-year losses on Thursday as revenue jumped and the company hailed a "resilient year of growth".
Thu 14 Mar 2024 07:24
(Sharecast News) - John Lewis Partnership has returned to profit, the retailer confirmed on Thursday, but said it would not pay staff bonuses for the second year running.
Thu 14 Mar 2024 07:22
(Sharecast News) - Halma reiterated its guidance in a trading update on Thursday, maintaining its projection for adjusted profit before tax to align with analyst consensus expectations.
Thu 14 Mar 2024 07:21
(Sharecast News) - Ceres Power, a developer of clean energy technology, announced a delay in releasing its full-year results for the year ended 31 December on Thursday.
Thu 14 Mar 2024 07:16
(Sharecast News) - Biopharma giant AstraZeneca has announced the acquisition of French biotech firm Amolyt Pharma for up to $1.05bn to beef up its late-stage rare disease pipeline.
Thu 14 Mar 2024 07:03
(Sharecast News) - Online ticketing platform Trainline reported sales at the top end of expectations as fewer strikes in the UK and competition for passengers in Italy and Spain saw revenues also beat forecasts.
Wed 13 Mar 2024 16:59
(Sharecast News) - The government is set to announce a ban on foreign governments owning newspapers and magazines in the UK, it emerged on Wednesday, effectively halting the Abu Dhabi-led takeover bid of the Daily and Sunday Telegraph.
Wed 13 Mar 2024 16:01
(Sharecast News) - Sir Richard Branson's Virgin Group is reportedly axing dozens of jobs at its London base as part of an integration of two of his companies.
Wed 13 Mar 2024 15:55
(Sharecast News) - Financial markets' focus on Thursday will be on a trio of closely-followed economic reports in the States.
Wed 13 Mar 2024 14:47
(Sharecast News) - US lawmakers on Wednesday voted overwhelmingly to demand the Chinese owners of the TikTok video app to sell or be banned in the country.
Wed 13 Mar 2024 14:28
(Sharecast News) - Life science company OptiBiotix Health announced the signing of a partnership agreement with Dr Morepen on Wednesday, for the distribution of SlimBiome products in India under the Dr Morepen brand.
Wed 13 Mar 2024 14:24
(Sharecast News) - Quantum Blockchain Technologies shares were in the red on Wednesday afternoon, after it issued an update on its research and development endeavours in advancing Bitcoin mining technologies.
Wed 13 Mar 2024 14:17
(Sharecast News) - Vast Resources announced a new exclusive offtake agreement with Trafigura Group on Wednesday, for all copper concentrate produced at the Baita Plai Polymetallic Mine in Romania.
Wed 13 Mar 2024 14:13
(Sharecast News) - Anglesey Mining reported assay results from drill hole NCZ002 on Wednesday, marking a significant development in its infill drilling programme at the Northern Copper Zone (NCZ) and Garth Daniel Zone (GDZ) within the Parys Mountain project on the Isle of Anglesey in north west Wales.
Wed 13 Mar 2024 13:56
(Sharecast News) - Berenberg upgraded Harbour Energy on Wednesday to 'buy' from 'hold' and lifted the price target to 360p from 280p as it said that cash flow supports higher returns.
Wed 13 Mar 2024 12:43
(Sharecast News) - Galderma announced the price range for its forthcoming flotation on Wednesday, leaving the skincare giant on track to raise more than £2bn.
Wed 13 Mar 2024 12:04
(Sharecast News) - Cell engineering technology specialist MaxCyte reported total fourth quarter revenue of $15.7m on Wednesday, up 26% on the same period in 2022.
Wed 13 Mar 2024 11:58
(Sharecast News) - Flooring company Victoria said in a trading update on Wednesday that, despite ongoing challenges in the market, it was seeing signs of improvement in the medium-term macroeconomic outlook, particularly in flooring demand indicators.
Wed 13 Mar 2024 11:52
(Sharecast News) - Clinical-stage biopharmaceutical company Faron Pharmaceuticals reported a year of strong progress on Wednesday, with significant overall response rates seen in both previously hypomethylating agent (HMA)-failed and higher-risk myelodysplastic syndrome (MDS) patient populations in the phase one part of the BEXMAB study.
Wed 13 Mar 2024 10:42
(Sharecast News) - Direct Line tumbled on Wednesday after saying it had received and rejected a second takeover approach from Belgian rival Ageas as it continues to undervalue the group.
Wed 13 Mar 2024 10:36
(Sharecast News) - Advanced Medical Solutions unveiled its unaudited preliminary results for 2023 on Wednesday, alongside a significant acquisition announcement.
Wed 13 Mar 2024 10:30
(Sharecast News) - NewMed Energy said on Wednesday that BP and UAE state-owned oil company Adnoc have suspended discussions about a potential joint bid for 50% of the Israeli gas company.
Wed 13 Mar 2024 10:22
(Sharecast News) - Online retailer MusicMagpie said on Wednesday that pre-tax losses had widened in the 12 months ended 30 November 2023 but said it "remains confident" about future prospects following strong trading in the first quarter of the new trading year.
Wed 13 Mar 2024 10:02
(Sharecast News) - Shell will reportedly cut at least 20% of jobs in its deals team as the company continues to restructure its business units in an effort to reduce costs.
Wed 13 Mar 2024 09:35
(Sharecast News) - Low-cost gym operator the Gym Group reported an 18% increase in revenue in its full-year results on Wednesday, reaching £204m.
Wed 13 Mar 2024 09:35
(Sharecast News) - Volkswagen has described its 2023 results as "robust" amid a challenging environment, as a strong showing from its core and luxury brands offset was able to offset at declining profits at non-core brands including Audi and its software arm.
Wed 13 Mar 2024 09:34
(Sharecast News) - JPMorgan Cazenove lifted its stance on Flutter Entertainment on Wednesday to 'overweight' from 'neutral' and hiked the price target to 21,300p from 16,300p.
Wed 13 Mar 2024 09:27
(Sharecast News) - Mining company Ferrexpo said on Tuesday that following discussions with its auditors, more time was needed to finalise its full-year financial results.
Wed 13 Mar 2024 09:15
(Sharecast News) - Liontrust Asset Management has denied it is in talks to acquire smaller rival Artemis.
Wed 13 Mar 2024 09:08
(Sharecast News) - Infrastructure group Balfour Beatty surged on Wednesday despite posting a drop in full-year profit, as it lifted its dividend, announced a £100m share buyback and struck an optimistic note on the outlook.
Wed 13 Mar 2024 08:37
(Sharecast News) - Keywords Studios reported a 13% rise in full-year revenue in its final results on Wednesday, to €780m.
Wed 13 Mar 2024 08:04
(Sharecast News) - German sportswear giant Adidas reported full-year results that fell short of estimates on Wednesday as a result of the loss of its very profitable Yeezy line following the cessation of its long-running collaboration with Kanye West.
Wed 13 Mar 2024 07:57
(Sharecast News) - Metro Bank has reported its first annual statutory profit in five years despite a flat top line as the UK high street bank launched a cost-savings programme that cut store hours and roles across the business.
Wed 13 Mar 2024 07:49
(Sharecast News) - Shares in Inditex sparked on Wednesday, after the Spanish fashion giant said 2024 had got off to a strong start.
Wed 13 Mar 2024 07:35
(Sharecast News) - RBC Capital Markets initiated coverage of Marlowe on Wednesday with an 'outperform' rating and 630p price target.
Wed 13 Mar 2024 07:34
(Sharecast News) - White label merchandise and promotional products manufacturer 4imprint hiked its dividend by a third after a big jump in profits in 2023 on the back of market-share gains, though it did warn of a "softening" in the wider market towards the end of the year.
Wed 13 Mar 2024 07:22
(Sharecast News) - Intellectual property-focussed investor IP Group reported a net asset value of £1.19bn in its results for 2023 on Wednesady, or 114.3p per share, down from £1.38bn and 132.9p per share in 2022.
Wed 13 Mar 2024 07:21
(Sharecast News) - Anglo American has reported another increase in rough diamond sales at De Beers as prices continue to rebound after slumping in 2023, though the company warned that tough macro conditions will keep a lid on growth for a while.
Wed 13 Mar 2024 07:13
(Sharecast News) - Analysts at Jefferies lowered their rating on hospitality giant Intercontinental Hotels from 'buy' to 'hold' on Wednesday but raised their target price on the stock from 6,400.0p to 8,400.0p.
Wed 13 Mar 2024 07:03
(Sharecast News) - South America-focused miner Hochschild reported a 10% fall in production, although in line with guidance, offset by rising prices and the devaluation of the Argentinian peso which helped to lift adjusted core earnings.
Tue 12 Mar 2024 16:06
(Sharecast News) - Customer engagement data security specialist Eckoh announced a strategic partnership with RingCentral, a provider of AI-driven enterprise cloud communications and contact centre solutions, on Tuesday.
Tue 12 Mar 2024 15:51
(Sharecast News) - Danish toy giant Lego outperformed competitors in 2023 as it managed to grow sales by 2% in the worst year for toymakers in more than 15 years.
Tue 12 Mar 2024 15:34
(Sharecast News) - Starling Bank said on Tuesday that it has appointed Raman Bhatia - the current boss of energy firm Ovo - as its new chief executive officer.
Tue 12 Mar 2024 15:31
(Sharecast News) - Analysts at Berenberg raised their target price on wealth manager Quilter from 95.0p to 105.0p on Tuesday, stating that recent reductions in expenses ensured that it will deliver an earnings beat.
Tue 12 Mar 2024 14:10
(Sharecast News) - Financial markets' attention in the middle of the week will be on a reading for UK gross domestic product during the month of January.
Tue 12 Mar 2024 13:49
(Sharecast News) - Regional REIT tanked on Tuesday as it confirmed that a heavily-discounted equity issue could be on the cards.
Tue 12 Mar 2024 13:09
(Sharecast News) - Andrada Mining announced significant advancements in its expansion plans for lithium, tin, and tantalum production at the Uis Mine in Namibia on Tuesday, alongside updates on its strategic process.
Tue 12 Mar 2024 13:02
(Sharecast News) - Payment solutions specialist PCI-PAL announced its intention to conduct a fundraising aimed at raising up to £3.5m on Tuesday, to support its continued US expansion.
Tue 12 Mar 2024 12:57
(Sharecast News) - Union Jack Oil announced the expansion of its mineral royalty portfolio on Tuesday, with the acquisition of three additional packages brokered by Reach Oil & Gas.
Tue 12 Mar 2024 12:52
(Sharecast News) - Power Metal Resources updated the market on the progress of its wholly-owned subsidiary Power Arabia on Tuesday.
Tue 12 Mar 2024 12:50
(Sharecast News) - Marketing consultancy Ebiquity said on Tuesday that it expects to make "further profitable progress" in 2024 but warned that client spending was expected to "remain slightly more subdued" until consumer confidence returns.
Tue 12 Mar 2024 12:40
(Sharecast News) - Ladbrokes owner Entain has reportedly hired bankers to prepare for a sale of PartyPoker as it seeks to fend off activist investors by reinvigorating its core operations.
Tue 12 Mar 2024 12:38
(Sharecast News) - Supercapacitors manufacturer CAP-XX revealed on Tuesday that chief financial officer Mike Taylor had decided to retire from the role and will be leaving the group on 15 March.
Tue 12 Mar 2024 12:37
(Sharecast News) - Mineral explorer and developer Ariana Resources unveiled the latest developments at its Tavsan Project on Tuesday, which it operates in partnership with Zenit, Proccea Construction and Ozaltin Holding, with Ariana holding a 23.5% stake.
Tue 12 Mar 2024 12:20
(Sharecast News) - Impax Asset Management updated the market on its assets under discretionary and advisory management (AuM) on Tuesday.
Tue 12 Mar 2024 12:16
(Sharecast News) - Pawnbroker and jewellery retailer H&T Group reported a robust set of preliminary results on Tuesday, with profit before tax jumping 39% year-on-year to £26.4m.
Tue 12 Mar 2024 12:09
(Sharecast News) - Mobile payments and messaging technology company Fonix Mobile reported a 17.9% rise in gross profit in its interim results on Tuesday, to £9.2m, while adjusted EBITDA increased 17.7% to £7.3m.
Tue 12 Mar 2024 11:34
(Sharecast News) - Shares in UK veterinary service provider CVS Group were in the red on Tuesday, after the Competition and Markets Authority (CMA) announced a consultation over its proposal to conduct a market investigation concerning veterinary services for household pets in the UK.
Tue 12 Mar 2024 11:09
(Sharecast News) - Shoe Zone tumbled on Tuesday after it said trading was "marginally" below expectations, pinning part of the blame on a rise in the national living wage and higher costs due to Red Sea disruption.
Tue 12 Mar 2024 10:38
(Sharecast News) - Banking group Standard Chartered said on Tuesday that Simon Cooper, who was a frontrunner to succeed chief executive Bill Winters, will leave the group in order to "pursue other interests".
Tue 12 Mar 2024 09:48
(Sharecast News) - Morgan Advanced Materials said on Tuesday that adjusted operating profits had fallen in 2023 despite seeing a modest uptick in annual revenues.
Tue 12 Mar 2024 09:04
(Sharecast News) - British American Tobacco confirmed extensive media speculation around its holding of Indian tobacco firm ITC on Tuesday morning, announcing plans to sell more than 400 million ITC shares through its subsidiary Tobacco Manufacturers India (TMI).
Tue 12 Mar 2024 08:16
(Sharecast News) - RBC Capital Markets upped its price target on Rentokil on Tuesday to 590p from 575p and maintained its 'outperform' rating.
Tue 12 Mar 2024 08:09
(Sharecast News) - Transport operator FirstGroup said it expected annual earnings would be slightly better than expectations after a strong performance from its rail division.
Tue 12 Mar 2024 08:07
(Sharecast News) - Shares in TI Fluid Systems dipped on Tuesday despite a largely in-line set of full-year results, as it pointed to slowdown in revenue growth in 2024.
Tue 12 Mar 2024 08:06
(Sharecast News) - Plastic piping systems business Genuit said on Tuesday that profits had grown in what was a year of "significant strategic progress".
Tue 12 Mar 2024 07:57
(Sharecast News) - Interdealer broker TP ICAP posted better-than-expected full-year profit on Tuesday, announced a £30m share buyback and confirmed it was exploring options for its data business, Parameta Solutions, which could include a potential IPO of a minority stake.
Tue 12 Mar 2024 07:50
(Sharecast News) - Polymers group Synthomer missed its own revenue targets for 2023 after a downturn in many of its end markets, but said that trading since the year-end has been "cautiously encouraging", causing shares to surge on Tuesday morning.
Tue 12 Mar 2024 07:44
(Sharecast News) - Shares in Persimmon fell on Tuesday after the UK housebuilder warned of continuing tough markets as it reported a worse-than-expected 52% slump in full year profits.
Tue 12 Mar 2024 07:31
(Sharecast News) - Costain managed to increase underlying profits by more than a tenth in 2023 despite weaker top-line performance as the construction and engineering company saw an improvement in margins, helping it to resume a final dividend to shareholders.
Tue 12 Mar 2024 07:23
(Sharecast News) - The Renewables Infrastructure Group (TRIG) has finalised the sale of its entire equity stake in Pallas, an onshore wind farm in the Republic of Ireland, it announced on Tuesday.
Tue 12 Mar 2024 07:23
(Sharecast News) - UK wage growth eased again in the three months to January, while the unemployment rate ticked higher, according to figures released on Tuesday by the Office for National Statistics, raising rate cut expectations.
Tue 12 Mar 2024 07:21
(Sharecast News) - Infrastructure products and services provider Hill & Smith on Tuesday reported record annual results on the back of a strong performance from its US operations.
Tue 12 Mar 2024 07:20
(Sharecast News) - Domino's Pizza Group, the UK-based master franchise of the global takeaway chain, reported increased profit, cashflow and shareholder returns in 2023 on the back of solid organic growth, but shares fell sharply on Tuesday after the company revealed a sharp slowdown in the fourth quarter.
Mon 11 Mar 2024 16:34
(Sharecast News) - Deutsche Numis reiterated its 'buy' recommendation and 520p price target on Darktrace on Monday as it said first-half profitability was "materially" ahead of expectations.
Mon 11 Mar 2024 14:49
(Sharecast News) - Admiral rallied on Monday as Berenberg lifted its price target on the shares to 2,973p from 2,961p after results last week.
Mon 11 Mar 2024 14:33
(Sharecast News) - Tuesday will bring with it the week's key data release, the U.S. Consumer Price Index for the month of February.
Mon 11 Mar 2024 14:05
(Sharecast News) - HSBC is planning to recruit about 50 more bankers in its US commercial bank to lend to start-up companies, mainly in the technology and healthcare sectors, according to a senior executive.
Mon 11 Mar 2024 13:31
(Sharecast News) - Financial service provider and jewellery retailer Ramsdens reported robust trading in line with its expectations in an update on Monday, buoyed by its diversified business model and trusted consumer brand.
Mon 11 Mar 2024 13:26
(Sharecast News) - Challenger Energy announced the signing of the AREA OFF-3 licence on Monday, marking a significant milestone for the Caribbean and Americas-focussed energy company.
Mon 11 Mar 2024 12:41
(Sharecast News) - Versarien announced on Monday that it had finalised an agreement with MCK Tech to sell its plant and equipment in South Korea for £0.6m.
Mon 11 Mar 2024 12:35
(Sharecast News) - Coro Energy announced Monday that it has submitted an application to the Philippines Department of Energy for a second wind energy service contract (WESC) with 100 MW capacity.
Mon 11 Mar 2024 12:31
(Sharecast News) - Synergia Energy updated the market on the maturity date of its 6,500 convertible loan notes on Monday, which were issued on 9 March 2023, and were set to mature on 9 March 2024.
Mon 11 Mar 2024 12:25
(Sharecast News) - Dekel Agri-Vision reported significant growth in some key metrics in its February production update for the Ayenouan palm oil project in Côte d'Ivoire on Monday.
Mon 11 Mar 2024 12:17
(Sharecast News) - Cordel Group announced Monday that its chief financial officer, Thouraya Walker, would be taking a sabbatical of up to six months.
Mon 11 Mar 2024 12:13
(Sharecast News) - Karelian Diamond Resources said Monday that it has received notice of the court hearing date from the Finnish Land Court, addressing appeals from two landowners around compensation and the mining boundary of the planned Lahtojki diamond mine.
Mon 11 Mar 2024 12:01
(Sharecast News) - Struggling fashion retailer Superdry, which is in talks to be taken private by its founder, is reportedly negotiating an additional multimillion-pound loan with one of its existing lenders.
Mon 11 Mar 2024 11:59
(Sharecast News) - Models and collectibles business Hornby said on Monday that it has acquired The Corgi Model Club from Blue 14, an investment vehicle majority-owned by entrepreneur Jim Lewcock.
Mon 11 Mar 2024 11:53
(Sharecast News) - Social media platform Reddit confirmed its intention to launch an initial public offering (IPO) on Monday, announcing an estimated valuation of up to $5.5bn.
Mon 11 Mar 2024 11:52
(Sharecast News) - Healthcare services firm Totally has won a further new insourcing contract for the delivery of Oral and Maxillofacial outpatient and day surgery services for the Saolta University Health Care Group in Ireland.
Mon 11 Mar 2024 11:27
(Sharecast News) - Fire safety business Zenova revealed on Monday that its range of six and nine-litre extinguishers had been approved for the marine industry.
Mon 11 Mar 2024 10:36
(Sharecast News) - Bidstack, the struggling in-game advertising group, was forced to temporarily suspend its shares from trading on AIM on Monday after announcing administrators have been appointed following a failed sale process.
Mon 11 Mar 2024 09:30
(Sharecast News) - Traffic numbers at Heathrow rose to record highs in February with the airport handling two million passengers during its busiest-ever winter half-term season.
Mon 11 Mar 2024 09:07
(Sharecast News) - The European Commission's use of Microsoft 365 was found to have infringed data protection law, according to a ruling announced on Monday by the continent's privacy watchdog.
Mon 11 Mar 2024 09:03
(Sharecast News) - RBC Capital Markets upgraded Marks & Spencer on Monday to 'outperform' from 'sector perform' and lifted the price target to 300p from 285p.
Mon 11 Mar 2024 08:47
(Sharecast News) - Jefferies has lifted its target price for Drax from 580p to 600p and reiterated a 'buy' rating after the electricity services group's strong full-year results last month.
Mon 11 Mar 2024 08:09
(Sharecast News) - Citi downgraded its stance on Virgin Money on Monday to 'neutral'/high risk from 'buy'/high risk after the shares surged on news that Nationwide Building Society had offered to buy the group in a £2.9bn deal.
Mon 11 Mar 2024 08:04
(Sharecast News) - Advisory firm FRP Advisory Group has acquired GWC, based in Douglas, which provides advisory and insolvency services across the Isle of Man.
Mon 11 Mar 2024 08:00
(Sharecast News) - LoopUp said on Monday that it was planning to leave the London stock market and raise funds privately.
Mon 11 Mar 2024 07:38
(Sharecast News) - Vanquis Banking Group warned on full-year profits on Monday as it continues to be redevelop its customer proposition and reset pricing, and due to costs associated with reviewing complaints mostly related to credit cards.
Mon 11 Mar 2024 07:38
(Sharecast News) - Iron ore producer Ferrexpo has announced that it needs to extend the payment terms on a $58,000 bill from a supplier for its Ukrainian operations as the business's accounts continue to be frozen.
Mon 11 Mar 2024 07:32
(Sharecast News) - West End property owner Great Portland Estates said TK Maxx has agreed a deal to occupy a space at its Mount Royal property in London's Oxford Street, while health and beauty retailer Superdrug also recently re-geared its retail lease, committing to another 10 years at the location.
Mon 11 Mar 2024 07:28
(Sharecast News) - Recruitment activity continued to weaken across the UK in the first quarter of the year, according to KPMG and REC, as "ongoing economic uncertainty" and hesitancy to commit to new hires amid cost pressures led to a fall in permanent placements.
Mon 11 Mar 2024 07:22
(Sharecast News) - Shaftesbury Capital announced the acquisition of the freehold interests in 25-31 James Street, Covent Garden, for £75.1m before costs on Monday.
Mon 11 Mar 2024 07:22
(Sharecast News) - Real estate group British Land has announced that William Rucker, the chair of Marston's, is to become its new chair designate in the summer and will leave the pub and hotel operator after five and a half years on the job.
Mon 11 Mar 2024 07:03
(Sharecast News) - Shares in Currys slumped on Monday as US private equity firm Elliott Advisors pulled from the race to take over the UK electrical retailer after "multiple attempts" to discuss an offer were rebuffed.
Fri 08 Mar 2024 14:42
(Sharecast News) - Henry Boot announced on Friday that its HBD development arm has secured planning consent for a significant office project in Manchester's city centre.
Fri 08 Mar 2024 14:37
(Sharecast News) - MC Mining confirmed receiving a proposal from Vulcan Resources, the operator of the Mozambique's largest coking coal mine Moatize, on Friday.
Fri 08 Mar 2024 13:42
(Sharecast News) - Oil giant BP said on Friday that it has appointed Aviva chief executive Amanda Blanc as senior independent director with effect from after the annual meeting on 25 April.
Fri 08 Mar 2024 12:56
(Sharecast News) - Analysts at Citi reinstated their 'neutral' rating on defence group BAE Systems on Friday, updating its forecasts following the company's acquisition of Ball Aerospace.
Fri 08 Mar 2024 10:57
(Sharecast News) - Stifel downgraded Spirax-Sarco on Friday to 'sell' from 'hold' after the company's results.
Fri 08 Mar 2024 10:51
(Sharecast News) - Triple Point Social Housing reported a robust full-year performance on Friday, despite challenges facing the property sector.
Fri 08 Mar 2024 10:33
(Sharecast News) - BP chief executive officer Martin Auchincloss was paid £8m for his services in a particularly prosperous year, it was revealed on Friday, as it managed to claw back a further £1.8m from its former head Bernard Looney.
Fri 08 Mar 2024 10:22
(Sharecast News) - Tlou Energy reported significant progress towards its goal of introducing gas-fired power into the Botswana grid later this year in its interim results on Friday.
Fri 08 Mar 2024 10:16
(Sharecast News) - Data processing and networking semiconductor technology specialist Ethernity Networks announced the continuation of Joseph 'Yosi' Albagli's tenure as its non-executive chairman on Friday, following the conclusion of his initial three-year term.
Fri 08 Mar 2024 10:13
(Sharecast News) - Analysts at Berenberg raised their target price on manufacturer Spirax-Sarco Engineering from 8,800.0p to 9,800.0p on Friday after the group's full-year results came in line with expectations.
Fri 08 Mar 2024 10:10
(Sharecast News) - Consumer legal marketing and services firm NAHL Group announced the successful renewal of its banking facilities with Clydesdale Bank, part of Virgin Money UK, on Friday.
Fri 08 Mar 2024 09:54
(Sharecast News) - Maritime surveillance and navigation technology specialist SRT Marine Systems announced a change to its financial reporting dates on Friday, in a bid to safeguard its ability to bid for pending new system contracts.
Fri 08 Mar 2024 09:05
(Sharecast News) - Shares in HelloFresh plummeted on Friday, after the food delivery service warned on profits for the second time and scrapped its mid-term targets.
Fri 08 Mar 2024 08:07
(Sharecast News) - Wealth manager Mattioli Woods said on Friday that it has agreed to be bought by private equity firm Pollen Street Capital in a £432m deal.
Fri 08 Mar 2024 08:04
(Sharecast News) - Specialist property services group Kinovo reported progress towards concluding the remaining projects associated with DCB Kent, its former construction division, on Friday.
Fri 08 Mar 2024 08:02
(Sharecast News) - Barclays downgraded shares of Imperial Leather maker PZ Cussons on Friday to 'equalweight' from 'overweight' and slashed the price target to 111p from 205p, citing "too much" Nigerian exposure.
Fri 08 Mar 2024 07:54
(Sharecast News) - Just Group reported a 47% jump in underlying operating profit in its 2023 results on Friday, to £377m, which it put down to significant increases in new business and in-force profits.
Fri 08 Mar 2024 07:53
(Sharecast News) - Packaging firm Mondi has agreed to buy smaller rival DS Smith for £5.1bn.
Fri 08 Mar 2024 07:42
(Sharecast News) - Britain's competition regulator on Friday said that the Tate & Lyle Sugars purchase of UK & Ireland assets from France's Tereos could result in higher sugar prices for UK shoppers.
Fri 08 Mar 2024 07:38
(Sharecast News) - Petrofac said on Friday that it has been awarded a three-year operations contract from Turkemengas at the Galkynysh Gas Field, in Turkmenistan.
Fri 08 Mar 2024 07:31
(Sharecast News) - Shopping centres investor Capital & Regional reported a modest uptick in footfall in 2023 as customers headed to discount stores at an increased rate.
Fri 08 Mar 2024 07:22
(Sharecast News) - Frasers Group responded to fresh media reports over its acquisition of Matches on Friday, confirming that the brand was being shuttered just two months after acquisition.
Fri 08 Mar 2024 07:02
(Sharecast News) - Currys said regulators had approved the sale of its Greek and Cypriot retail business Kotsovolos to Public Power Corporation for an enterprise value of €200m (£175m).
Fri 08 Mar 2024 07:01
(Sharecast News) - Informa upped 2024 guidance on Friday after strong growth in overseas markets boosted full-year revenues and profits.
Thu 07 Mar 2024 15:37
(Sharecast News) - Full-year results at German auto parts manufacturer Continental came in below expectations on Thursday despite the company hiking its dividend after operating profits rose by nearly a third.
Thu 07 Mar 2024 14:52
(Sharecast News) - All eyes at the end of the week will be on the one report that could easily upend many market forecasts should it deviate from the consensus - the monthly non-farm payrolls report.
Thu 07 Mar 2024 14:04
(Sharecast News) - US conglomerate General Electric shares were on the rise on Thursday after GE Aerospace unveiled plans for a $15bn share buyback ahead of its launch as a standalone company next month.
Thu 07 Mar 2024 13:17
(Sharecast News) - Beowulf Mining announced on Thursday that its wholly-owned Swedish subsidiary, Jokkmokk Iron Mines, had appointed Dmytro Siergieiev as the project director for the Kallak Iron Ore Project, effective 1 May.
Thu 07 Mar 2024 13:09
(Sharecast News) - Duke Capital announced the successful exit of its investment in Meteor HoldCo on Thursday, which is the parent company of street lighting and guardrail manufacturer Fabrikat Nottingham.
Thu 07 Mar 2024 13:00
(Sharecast News) - Zinnwald Lithium updated the market on its integrated Zinnwald Lithium Project in Germany on Thursday, having recently reported a 445% increase in tonnes and a 243% increase in contained lithium in a mineral resource estimate last month.
Thu 07 Mar 2024 12:50
(Sharecast News) - Physiomics reported revenue of £0.37m in its interim results on Thursday, up from the £0.34m it recorded a year earlier.
Thu 07 Mar 2024 12:43
(Sharecast News) - Nexus Infrastructure reported continuing revenue of £88.7m in its preliminary results on Thursday, down from £98.4m in the prior year, attributed to broader economic challenges and a slowdown in housebuilding activity.
Thu 07 Mar 2024 12:40
(Sharecast News) - Shares in Novo Nordisk sparked on Thursday, after the Danish pharmaceutical firm detailed promising trial data for its experimental anti-obesity drug amycretin.
Thu 07 Mar 2024 12:36
(Sharecast News) - Strategic Minerals reported record-breaking sales figures for February at its Cobre magnetite stockpile on Thursday.
Thu 07 Mar 2024 11:08
(Sharecast News) - Numis has lifted its recommendation for investment manager Man Group from 'hold' to 'buy' and hiked its target price from 260p to 315p, saying that the company's decent short-term investment performance "cannot be ignored".
Thu 07 Mar 2024 11:00
(Sharecast News) - Helium One Global described significant milestones in its half-year report on Thursday, including the acquisition of the Epiroc Predator 220 drilling rig, which it said had been successfully mobilised to the Rukwa site.
Thu 07 Mar 2024 10:53
(Sharecast News) - Brooks Macdonald reported a strong first-half performance on Thursday, as its underlying profit before tax rose 18% to £17.1m, with its underlying profit margin climbing to 26.9%, although it did flag struggles in its international operations.
Thu 07 Mar 2024 10:21
(Sharecast News) - Analysts at Berenberg lowered their target price on builders' merchant and home improvement retailer Travis Perkins from 880.p to 800.0p on Thursday, stating times were "still tough" for the company.
Thu 07 Mar 2024 10:07
(Sharecast News) - Beazley announced plans to return cash to shareholders on Thursday, after annual profits at the Lloyds' of London insurer topped $1bn.
Thu 07 Mar 2024 10:04
(Sharecast News) - UK North Sea-focussed oil and gas firm Serica Energy said in an update on Thursday that as of 31 December, it had net proved plus probable, or '2P', reserves totaling 140 million barrels of oil equivalent.
Thu 07 Mar 2024 09:53
(Sharecast News) - Grafton Group reported a strong set of final results on Thursday, with the building materials distributor announcing a full-year adjusted operating profit of £205.5m, surpassing analysts' expectations.
Thu 07 Mar 2024 09:32
(Sharecast News) - Cyber security business Darktrace shares surged on Thursday as the group detailed a "strong 1H financial performance".
Thu 07 Mar 2024 09:25
(Sharecast News) - Marks & Spencer confirmed on Thursday that co-chief executive Katie Bickerstaffe will retire after the annual meeting in July "to pursue her board career".
Thu 07 Mar 2024 09:16
(Sharecast News) - The share price of small business credit provider Funding Circle soared on Thursday after the company announced a new share repurchase programme to bolster its share price as well as plans to offload its US arm as management attempts to rightsize the business.
Thu 07 Mar 2024 09:03
(Sharecast News) - Chemicals company Elementis revealed on Thursday that adjusted operating profits had ticked up in 2023 despite seeing a modest dip in revenues for the year.
Thu 07 Mar 2024 08:46
(Sharecast News) - Construction, services and property group Kier said on Thursday that it was reinstating its dividend as it posted a rise in first-half profits.
Thu 07 Mar 2024 08:35
(Sharecast News) - Admiral Group reported a group profit before tax of £442.8m in its annual results on Thursday, making for an increase of 23% from the prior year.
Thu 07 Mar 2024 08:19
(Sharecast News) - Door and window parts maker Tyman said it expected a "challenging" market outlook this year as the building sector continued to struggle amid high interest rates and inflation, reflected in a 19% fall in 2023 profits.
Thu 07 Mar 2024 08:12
(Sharecast News) - Recruiter Pagegroup reported a slump in full-year profit on Thursday amid "challenging" market conditions.
Thu 07 Mar 2024 08:04
(Sharecast News) - Tool and equipment hire business HSS Hire said on Thursday that it had agreed to sell its Power unit to CES Global for £23.25m.
Thu 07 Mar 2024 08:01
(Sharecast News) - Shares in Spirax Group surged on Thursday after the engineering firm lifted its dividend despite a dip in profits in 2023, held back by lower volumes in higher-margin work and restructuring and impairment costs.
Thu 07 Mar 2024 07:56
(Sharecast News) - Virgin Money said on Thursday that it has agreed to be taken over by Nationwide Building Society in a £2.9bn deal.
Thu 07 Mar 2024 07:45
(Sharecast News) - Melrose Industries reported above-forecast annual results on Thursday, after the aerospace specialist benefited from an upturn in the aviation sector.
Thu 07 Mar 2024 07:44
(Sharecast News) - UK insurance giant Aviva on Thursday unveiled a £300m share buyback and better-than-expected 9% rise in full-year earnings on a strong increase in general insurance premiums.
Thu 07 Mar 2024 07:40
(Sharecast News) - Full-year results from sports betting and gaming group Entain were in line with expectations, with underlying earnings hitting the £1bn mark and record-high online customers, though it warned of the significant impact from regulatory changes which will dampen profits in 2024.
Thu 07 Mar 2024 07:26
(Sharecast News) - Annual results from Robert Walters were more or less as expected on Thursday after a detailed trading update after year-end, with the recruitment company reporting a 10% drop in net fee income and sharp decline in profits.
Thu 07 Mar 2024 07:24
(Sharecast News) - Rentokil reported a rise in full-year profit and revenue on Thursday as it benefited from the acquisition of Terminix in the US.
Thu 07 Mar 2024 07:21
(Sharecast News) - GSK unveiled encouraging results from its 'DREAMM-8' phase three trial on Thursday, comparing the efficacy of 'Blenrep', or belantamab mafodotin, in combination with pomalidomide plus dexamethasone, or PomDex, against the standard treatment of bortezomib plus PomDex in relapsed or refractory multiple myeloma patients.
Thu 07 Mar 2024 07:15
(Sharecast News) - North Sea oil and gas producer Harbour Energy on Thursday held production guidance for 2024 as it reported a sharp fall in annual profits on the back of lower output and weaker prices.
Thu 07 Mar 2024 07:04
(Sharecast News) - UK broadcaster ITV reported a 41% fall in annual profits as weak ad revenues offset a record performance from its studios unit.
Wed 06 Mar 2024 14:12
(Sharecast News) - Harland & Wolff Group announced a major new partnership on Wednesday, having signed a five-year master services agreement with an unnamed global oil services company.
Wed 06 Mar 2024 14:08
(Sharecast News) - Floor coverings distributor Likewise Group announced a positive start to 2024 in a trading update on Wednesday.
Wed 06 Mar 2024 14:03
(Sharecast News) - Duke Capital announced the successful exit from its investment in Fairmed Healthcare, a Swiss-based supplier of generic prescription medicines and other pharmaceutical products in the EU, on Wednesday.
Wed 06 Mar 2024 13:56
(Sharecast News) - Braveheart Investment Group announced a significant increase in its ownership stake in Autins Group on Wednesday.
Wed 06 Mar 2024 13:52
(Sharecast News) - Roadside Real Estate announced the second successful property acquisition through its joint venture with Meadow Partners on Wednesday.
Wed 06 Mar 2024 13:44
(Sharecast News) - Performance nutrition company Science in Sport updated the market on a significant shift in its operating model on Wednesday, following a comprehensive business review.
Wed 06 Mar 2024 12:27
(Sharecast News) - The Coventry Building Society has reportedly enlisted Wall Street bank JP Morgan to strengthen its proposed takeover of the Co-operative Bank.
Wed 06 Mar 2024 12:14
(Sharecast News) - Advertising technology company Nexxen International reported a mixed financial performance in its full-year results on Wednesday, amid challenges in integrating the acquisition of Amobee, and a weaker overall advertising market.
Wed 06 Mar 2024 12:05
(Sharecast News) - Private sector employment in the US rose less than expected in February, according to figures released on Wednesday by ADP.
Wed 06 Mar 2024 12:03
(Sharecast News) - Foot Locker surpassed expectations in its fourth-quarter 2023 results on Wednesday, but disappointed investors after it lowered its profit outlook for the 2024 financial year.
Wed 06 Mar 2024 11:53
(Sharecast News) - Shares in Challenger Energy Group soared on Wednesday, after the AIM minnow struck a deal with US oil major Chevron.
Wed 06 Mar 2024 10:44
(Sharecast News) - Construction firm Galliford Try posted a jump in first-half profit and revenue on Wednesday as it hailed growth in both the building and infrastructure segments, and lifted its dividend.
Wed 06 Mar 2024 10:30
(Sharecast News) - Molecular sensing technology developer Oxford Nanopore Technologies reported a fall in total revenue in its preliminary results for 2023 on Wednesday, despite a surge in life science research tool revenue, as it pushed out its forecast for reaching breakeven.
Wed 06 Mar 2024 10:27
(Sharecast News) - Shares in Capita plummeted on Wednesday, after last year's cyberattack helped pushed the outsourcing giant heavily into the red.
Wed 06 Mar 2024 09:42
(Sharecast News) - Shares in Vinto and Slush Puppie maker Nichols rose strongly on Wednesday after the drinks group reported increased profits for 2023, helped by the exit from unprofitable businesses within the Out of Home division, and pointed to further growth this year.
Wed 06 Mar 2024 09:28
(Sharecast News) - Digital 9 Infrastructure surged on Wednesday after saying it had received regulatory approval to sell Verne Global, paving the way for it to potentially wind down and return funds to shareholders.
Wed 06 Mar 2024 09:04
(Sharecast News) - Jefferies has upgraded its rating on Experian from 'hold' to 'buy' and hiked its target price by nearly 40%, saying that growth is at an inflection point for the data analytics and credit ratings agency.
Wed 06 Mar 2024 09:04
(Sharecast News) - Lancashire Holdings reported substantial profit growth and strong underwriting results in its final results on Wednesday.
Wed 06 Mar 2024 08:45
(Sharecast News) - BA and Iberia owner IAG flew higher on Wednesday as JPMorgan Cazenove double upgraded the shares to 'overweight' from 'underweight' and lifted the price target to €2.50 from €1.45.
Wed 06 Mar 2024 08:37
(Sharecast News) - Utilities, insurance and broadband provider Telecom Plus has passed the one-million customer milestone, as it confirmed that trading was in line with expectations for the full year.
Wed 06 Mar 2024 08:13
(Sharecast News) - Oil and gas explorer Tullow Oil reported a drop in full-year profit and revenue on Wednesday, citing lower oil prices.
Wed 06 Mar 2024 08:09
(Sharecast News) - Brick maker Ibstock revealed on Wednesday that revenue and profits had fallen in 2023 amid "difficult market conditions".
Wed 06 Mar 2024 07:59
(Sharecast News) - UK gambling outfit 888 Holdings on Wednesday admitted its bet on the US sports market hadn't paid off and was ending its deal with Sports Illustrated and mulling a potential sale of its American consumer operations.
Wed 06 Mar 2024 07:58
(Sharecast News) - Antler, which is controlled by funds advised by Apax, has sold 21.5m shares in Baltic Classifieds Group in a placing, raising gross proceeds of £47.3m.
Wed 06 Mar 2024 07:51
(Sharecast News) - A consortium of investors in London Stock Exchange Group has sold 21.5m shares in a placing, raising around £1.4bn.
Wed 06 Mar 2024 07:49
(Sharecast News) - Wealth management company Quilter saw profits rise by a quarter in 2023, helped by a five percentage-point increase in operating margins, after strong investment returns during the year.
Wed 06 Mar 2024 07:42
(Sharecast News) - Premier Foods said on Wednesday that it will benefit from £33m increased free cash flow in the financial year to 29 March 2025 after reaching an agreement with the trustee of its pension scheme to suspend pension deficit contribution payments from 1 April 2024.
Wed 06 Mar 2024 07:27
(Sharecast News) - LondonMetric Property announced the completion of its merger with LXi REIT on Wednesday, effective on 5 March.
Wed 06 Mar 2024 07:25
(Sharecast News) - UK insurer Legal & General posted lower-than-expected operating profits last year amid tough market conditions.
Wed 06 Mar 2024 07:24
(Sharecast News) - Rathbones Group reported substantial growth in funds under management and administration (FUMA) in its preliminary results for 2023 on Wednesday, rising to £105.3bn from £60.2bn year-on-year, fueled largely by the acquisition of Investec Wealth & Investment UK (IW&I).
Wed 06 Mar 2024 07:17
(Sharecast News) - Construction materials group Breedon on Wednesday said it had bought US-based BMC Enterprises for an enterprise value of $300m (£238.1m).
Wed 06 Mar 2024 07:12
(Sharecast News) - Medtech group Convatec has lifted its forecasts for medium-term organic growth forecasts after a strong performance in 2023 which saw a rise in margins and double-digit profit growth.
Wed 06 Mar 2024 07:03
(Sharecast News) - Paper and packaging maker DS Smith said third-quarter trading was in line with expectations despite "challenging" market conditions.
Tue 05 Mar 2024 16:13
(Sharecast News) - Analysts at Canaccord Genuity raised their target price on shipping services firm Clarkson from 4,325.0p to 4,500.0p on Tuesday after the group delivered a 23% incremental pre-tax profit margin in FY23, lower tax, and a dividend per share of 102.0p with still sizeable net free cash balances at end of the trading year.
Tue 05 Mar 2024 16:12
(Sharecast News) - Standard Chartered has reportedly come under the spotlight amid a fresh round of takeover talk.
Tue 05 Mar 2024 16:07
(Sharecast News) - Social media giant Meta was hit by a major outage on Tuesday afternoon, with thousands of users left unable to access Facebook, Messenger, and Instagram.
Tue 05 Mar 2024 15:26
(Sharecast News) - The market spotlight in the middle of the week will be on the Chancellor as he delivers the Spring Budget.
Tue 05 Mar 2024 14:38
(Sharecast News) - Online challenger bank Monzo has secured a new $430m (£339m) funding round led by the Alphabet-owned CapitalG which values it at $5bn (£3.9bn).
Tue 05 Mar 2024 14:24
(Sharecast News) - A shareholder of Currys was urging the company to seriously consider a takeover bid valuing the electricals retailer at over £1bn, it emerged on Tuesday.
Tue 05 Mar 2024 14:21
(Sharecast News) - French aerospace, defence and transportation services group Thales saw shares jump more than 8% on Tuesday after delivering 2023 results that beat forecasts across the board, with operating profits topping €2bn for the first time in four years.
Tue 05 Mar 2024 13:50
(Sharecast News) - Ondine Biomedical announced on Tuesday that it is joining forces with the Mid Yorkshire Teaching NHS Trust, Health Innovation Yorkshire and Humber, and the York Health Economics Consortium (YHEC) to assess the potential cost savings associated with using its 'Steriwave' technology.
Tue 05 Mar 2024 13:01
(Sharecast News) - Cell engineering technology specialist MaxCyte said in an update on Tuesday that it expected total 2023 revenue of between $41.1m and $41.3m, down from $44.3m in 2022.
Tue 05 Mar 2024 12:55
(Sharecast News) - Johnson Service Group released a strong set of preliminary results for 2023 on Tuesday, with total revenue increasing 20.6% to reach £465.3m.
Tue 05 Mar 2024 12:48
(Sharecast News) - Customer experience and data platform (CDXP) provider dotDigital Group reported a positive set of interim results on Tuesday, with a 15% increase in group revenue to £38.7m, and a solid 11% organic revenue increase excluding the acquisition of Fresh Relevance.
Tue 05 Mar 2024 12:42
(Sharecast News) - Concrete levelling equipment specialist Somero Enterprises reported a weaker set of final results for 2023 on Tuesday, following declines in its core North American market.
Tue 05 Mar 2024 12:25
(Sharecast News) - Greatland Gold reported progress at its flagship Havieron gold-copper project in an interim report on Thursday, and updates on exploration activities across its Australian portfolio.
Tue 05 Mar 2024 11:47
(Sharecast News) - Shares in Target surged in pre-market trade on Tuesday after the American retail giant beat forecasts with its crucial holiday-quarter results despite seeing annual sales decline for the first time in seven years.
Tue 05 Mar 2024 11:45
(Sharecast News) - XP Power reported a 42% decrease in order intake in its annual results on Tuesday, to £208.8m, while revenue saw a modest uptick of 9% to £316.4m.
Tue 05 Mar 2024 10:12
(Sharecast News) - London estate agent Foxtons posted a decline in full-year pre-tax profits on Tuesday amid "challenging" conditions in the sales market.
Tue 05 Mar 2024 10:01
(Sharecast News) - Apax Global Alpha reported an adjusted net asset value of €1.29bn at year-end in its 2023 results on Tuesday, down slightly from €1.30bn at the end of 2022, and translating to an adjusted net asset value per share of €2.62 or £2.27.
Tue 05 Mar 2024 10:00
(Sharecast News) - Petrofac has said that work to bolster its balance sheet is ongoing as it continues to have active discussions with stakeholders and lenders for performance guarantees in order to fund ongoing work.
Tue 05 Mar 2024 09:49
(Sharecast News) - Analysts at JP Morgan raised their target price on review website operator Trustpilot from 190.0p to 250.0p on Tuesday, stating earnings momentum looked set to continue as the group transitions into a fast-growing free cashflow generator.
Tue 05 Mar 2024 09:40
(Sharecast News) - Building products distributor SIG was under the cosh on Tuesday after saying it swung to a full-year loss as sales were flat in "challenging markets".
Tue 05 Mar 2024 09:37
(Sharecast News) - China revealed its growth target for 2024 overnight on Tuesday, aiming for a GDP rise of "around 5%", as per the Government Work Report released during the annual National People's Congress.
Tue 05 Mar 2024 09:20
(Sharecast News) - CEVA Logistics, a unit of French shipping firm CMA CGM, said on Tuesday that it won't be upping its takeover offer for Wincanton any further, after being outdone by Clipper Logistics owner GXO Logistics last week.
Tue 05 Mar 2024 09:16
(Sharecast News) - Laboratory testing group Intertek said on Tuesday that profits had grown in 2023, driven by improved full-year revenues and margins.
Tue 05 Mar 2024 08:52
(Sharecast News) - Shares in Fresnillo gained on Tuesday after the Mexico-focused precious metals miner celebrated a "sound operating performance" in 2023 despite profits dropping by more than a half.
Tue 05 Mar 2024 08:42
(Sharecast News) - Geotechnical specialist contractor Keller Group more than doubled annual earnings and lifted its dividend by 20%.
Tue 05 Mar 2024 08:24
(Sharecast News) - Hiscox hailed record full-year pre-tax profit on Tuesday amid record investment income as it announced a $150m share buyback.
Tue 05 Mar 2024 08:20
(Sharecast News) - Rotork reported a robust performance in its preliminary results on Tuesday, as well as a promising outlook as it implemented its 'Growth+' strategy.
Tue 05 Mar 2024 08:18
(Sharecast News) - Hochschild Mining said it had signed a deal with Cerrado Gold giving it the option to buy a 100% interest in the latter's Monte Do Carmo project located in the state of Tocantins, Brazil.
Tue 05 Mar 2024 08:04
(Sharecast News) - Automotive distributor Inchcape detailed an "excellent" annual performance on Tuesday but tempered expectations for future growth.
Tue 05 Mar 2024 07:58
(Sharecast News) - Hybrid-working office space provider IWG reported a sharp rise in annual profits but held a cautious line on 2024 prospects, despite bringing in record revenues last year.
Tue 05 Mar 2024 07:44
(Sharecast News) - Spirent Communications said on Tuesday that it has agreed to be taken over by US communications equipment company Viavi in a £1bn deal, as it revealed a slump in profits.
Tue 05 Mar 2024 07:37
(Sharecast News) - Prepared food supplier Bakkavor said it expected 2024 adjusted operating profit to be at least in line with upper end of market expectations after posting a strong rise in earnings last year as its markets in China recovered from Covid-19 restrictions.
Tue 05 Mar 2024 07:29
(Sharecast News) - Building merchant Travis Perkins said it is looking at exiting its French operations after seeing group operating profits more than halved in 2023.
Tue 05 Mar 2024 07:29
(Sharecast News) - Growth in China's services sector slowed in February, according to a survey released on Tuesday.
Tue 05 Mar 2024 07:26
(Sharecast News) - GSK announced on Tuesday that its specialist GIV joint venture with Pfizer and Shionogi, ViiV Healthcare, had reported encouraging results from its phase one clinical trial of an investigational formulation of cabotegravir, termed cabotegravir ultra long-acting (CAB-ULA).
Tue 05 Mar 2024 07:22
(Sharecast News) - British media company Reach reported a 5.4% decline in revenue in its annual results on Tuesday, to £568.6m.
Tue 05 Mar 2024 07:08
(Sharecast News) - High Street bakery chain Greggs maintained guidance and said it had made a strong start to the current year after delivering a jump in 2023 profits as customers sought out its sausage rolls and doughnuts amid the cost-of-living crisis.
Mon 04 Mar 2024 14:47
(Sharecast News) - Braveheart Investment Group updated the market on one of its key investments, Paraytec, on Monday, confirming that it had failed to find an appropriate buyer for the company.
Mon 04 Mar 2024 14:34
(Sharecast News) - Integrated marketing, risk and data consultant Jaywing reported resilient performance in a trading update on Monday, despite challenges in the UK agency market.
Mon 04 Mar 2024 13:54
(Sharecast News) - Investors' attention on Tuesday will be on a deluge of services sector Purchasing Managers Indices due out around the world.
Mon 04 Mar 2024 13:40
(Sharecast News) - JetBlue and Spirit Airlines said on Monday that they have agreed to terminate their $3.8bn merger due to regulatory challenges.
Mon 04 Mar 2024 13:10
(Sharecast News) - Tech giant Apple has been slapped with a €1.84bn fine by European Union antitrust regulators over its App Store rules, with the watchdog telling the company that it cannot stop music streaming services from advertising cheaper subscription deals outside of its store.
Mon 04 Mar 2024 12:43
(Sharecast News) - Hydrogen power generation technology company AFC Energy announced the reception of its first independent attestation of conformity certificate for a CE mark on Monday, from German certification agency TÜV SÜD for its 30kW H-Power S Series generator.
Mon 04 Mar 2024 12:39
(Sharecast News) - In-content advertising specialist Mirriad announced a significant two-year agreement with an unnamed major US media and entertainment conglomerate on Monday.
Mon 04 Mar 2024 12:00
(Sharecast News) - Vista Outdoor said on Monday that it had rejected a $2.9bn takeover offer from MNC Capital as it undervalues the business.
Mon 04 Mar 2024 11:51
(Sharecast News) - Rosslyn Data Technologies warned on its revenue on Monday, even as it reported that since it announced its interim results on 25 January, it had seen a sustained expansion in its total pipeline, surpassing the figures recorded at the same time last year.
Mon 04 Mar 2024 11:44
(Sharecast News) - US healthcare software and service specialist Craneware reported an 8% increase in first-half revenue in its interim results on Monday, to $91.2m.
Mon 04 Mar 2024 11:38
(Sharecast News) - Data, analytics and insights platform GlobalData reported a 12% rise in revenue in its full-year results on Monday, to £273.1m, accompanied by a 32% increase in operating profit to £73.7m.
Mon 04 Mar 2024 11:29
(Sharecast News) - Analysts at Berenberg lifted their target price on software firm Craneware from 2,300.0p to 2,600.0p on Monday, noting that strong momentum had seemingly continued throughout the first half of its trading year.
Mon 04 Mar 2024 11:28
(Sharecast News) - Renalytix surged on Monday after saying it had received an unsolicited takeover approach from "a large and well-capitalised publicly listed strategic diagnostics company".
Mon 04 Mar 2024 11:01
(Sharecast News) - UK accounting firm KPMG has been fined yet again, this time to the tune of £1.5m over what the industry regulator called "serious failings" in its audit of advertising agency M&C Saatchi.
Mon 04 Mar 2024 10:43
(Sharecast News) - Jefferies upgraded BP on Monday to 'buy' from 'hold' and lifted the price target to 570p from 520p.
Mon 04 Mar 2024 10:40
(Sharecast News) - Faron Pharmaceuticals announced on Monday that it has successfully secured binding commitments for convertible loans totalling €3.2m from a select group of existing shareholders.
Mon 04 Mar 2024 10:40
(Sharecast News) - Analysts at JP Morgan raised their target price on instrumentation and controls group Spectris from 2,900.0p to 2,950.0p on Monday, but noted that the group's full-year results had left it with "little to get excited over".
Mon 04 Mar 2024 10:13
(Sharecast News) - Mike Ashley's Frasers Group has reportedly bought online bicycle retailer Wiggle out of administration.
Mon 04 Mar 2024 10:05
(Sharecast News) - Investment company HICL Infrastructure said on Monday that it had delivered a "solid operational performance" over the five months ended 29 February.
Mon 04 Mar 2024 09:52
(Sharecast News) - Hipgnosis Songs Fund updated the market on ongoing strategic review on Monday, reporting a notable reduction in the company's fair value after a detailed report from Shot Tower Capital.
Mon 04 Mar 2024 09:36
(Sharecast News) - Macy's shares surged in pre-market trade on Monday after the department store retailer said that Arkhouse Management and Brigade Capital Management had lifted their takeover offer the company to $6.6bn.
Mon 04 Mar 2024 09:08
(Sharecast News) - London-listed private equity firm Bridgepoint is looking to sell its stake in MotoGP's parent company, Dorna Sports, for up to €4bn (£3.4bn), Sky News reported on Monday, citing unnamed sources.
Mon 04 Mar 2024 08:53
(Sharecast News) - UK pension provider PensionBee has announced it is expanding in the US through an exclusive agreement with an unnamed American financial institution as it looks to increase its share in the world's largest defined contribution pension market.
Mon 04 Mar 2024 08:50
(Sharecast News) - Shipping broker Clarksons posted record full-year profits on Monday.
Mon 04 Mar 2024 08:40
(Sharecast News) - THG announced the extension of its revolving credit facility (RCF) by 17 months on Monday, stretching its maturity to May 2026.
Mon 04 Mar 2024 08:04
(Sharecast News) - Car dealership Vertu Motors said on Monday that core gross profits from fleet and commercial vehicle sales had grown in the five months ended 31 January, with the group now expecting to report full-year adjusted pre-tax profits in line with market expectations.
Mon 04 Mar 2024 07:48
(Sharecast News) - UK aerospace engineer and Boeing supplier Senior reported a jump in 2023 profits and said it had been asked to maintain supply levels of parts for the US plane maker's B737-Max aircraft.
Mon 04 Mar 2024 07:41
(Sharecast News) - Low-cost airline Wizz Air saw an acceleration in passenger growth in February but its load factors remained firmly below last year as a result of reallocated flights from Israel and ongoing issues related to the Pratt & Whitney GTF engine recall.
Mon 04 Mar 2024 07:21
(Sharecast News) - Intertek announced an agreement to acquire Base Metallurgical Laboratories and Base Met Labs US on Monday, which provide metallurgical testing services within the minerals sector in North America, for an undisclosed sum.
Mon 04 Mar 2024 07:18
(Sharecast News) - Budget airline Ryanair reported a 5% jump in February passenger numbers on Monday.
Mon 04 Mar 2024 07:15
(Sharecast News) - Aviva has returned to the Lloyd's insurance market after an absence of two decades with the £242m purchase of underwriting syndicate Probitas.
Mon 04 Mar 2024 07:09
(Sharecast News) - Health tech company Halma on Monday said it had bought Netherlands-based Rovers Medical Devices for €85m (£73m).
Fri 01 Mar 2024 14:50
(Sharecast News) - Seeen announced a strategic partnership with the American 7s Football League (A7FL) on Friday, involving the integration of its media and technology artificial intelligence (AI) platform into A7FL's digital landscape, aimed at delivering 'key video moments; to augment views and revenue across video content.
Fri 01 Mar 2024 14:45
(Sharecast News) - Molecular Energies said in an update on Friday that the Tapir x-1 exploration well in Paraguay had been temporarily suspended due to challenging drilling conditions, failing to reach the target zone.
Fri 01 Mar 2024 14:40
(Sharecast News) - FD Technologies said in a full-year trading update on Friday that group revenue was expected to be slightly below consensus, at no less than £247m, while adjusted EBITDA was anticipated to be in line with consensus, coming in at £22.5m at least.
Fri 01 Mar 2024 14:33
(Sharecast News) - FireAngel Safety Technology updated the market on its proposed acquisition by Intelligent Safety Electronics (ISE) on Friday, confirming an extension of the legally mandated assessment period.
Fri 01 Mar 2024 14:06
(Sharecast News) - Creo Medical Group announced a significant milestone in the field of minimally-invasive surgical endoscopy for cancer patients on Friday, with its 'MicroBlate Flex' device.
Fri 01 Mar 2024 13:55
(Sharecast News) - Semiconductor designer and consultant Sondrel updated the market on its ongoing discussions with a potential capital provider on Friday, to address its immediate working capital needs.
Fri 01 Mar 2024 13:49
(Sharecast News) - R&Q Insurance Holdings responded to fresh press speculation on its plans on Friday, confirming that it was still on track to finalise the sale of its Accredited business.
Fri 01 Mar 2024 13:42
(Sharecast News) - 4basebio announced a significant contract through a competitive tender process on Friday, to provide research and GMP-grade synthetic DNA for the advancement of RNA therapeutics and vaccines at CPI's RNA Centre of Excellence.
Fri 01 Mar 2024 11:35
(Sharecast News) - Marks & Spencer has come a step closer to demolish its main store on London's Oxford Street after the High Court ruled that a decision by government minister Michael Gove to block the plan was unlawful.
Fri 01 Mar 2024 11:34
(Sharecast News) - Horizonte Minerals announced on Friday that it has extended waivers on interest payments, providing relief amidst ongoing financial negotiations.
Fri 01 Mar 2024 11:12
(Sharecast News) - Daimler Truck's share price hit a record high on Friday after the world's largest commercial vehicle maker hiked its dividend on the back of stronger-than-expected annual profits.
Fri 01 Mar 2024 11:03
(Sharecast News) - Finance group Orchard Funding warned on Friday that it had "suffered an instance of fraud", arising from dealings with a fraudulent introducer.
Fri 01 Mar 2024 10:51
(Sharecast News) - Digital energy services business eEnergy revealed on Friday that it had secured up to £40.0m in project funding from NatWest.
Fri 01 Mar 2024 09:53
(Sharecast News) - Berenberg downgraded Relx to 'hold' from 'buy' on Friday following the recent share price outperformance.
Fri 01 Mar 2024 09:45
(Sharecast News) - Analysts at Canaccord Genuity hiked their target price on energy supplier Hunting from 400.0p to 450.0p on Friday following the publication of the group's full-year results a day earlier.
Fri 01 Mar 2024 09:32
(Sharecast News) - Ryanair confirmed further setbacks in its aircraft delivery schedule on Friday, after Boeing announced a reduced number of 737 MAX-8200 deliveries.
Fri 01 Mar 2024 09:16
(Sharecast News) - Superdry said on Friday that the Takeover Panel has agreed to extend the "put up or shut up" deadline for co-founder and chief executive Julian Dunkerton to either announce a firm intention to make an offer for the company or walk away.
Fri 01 Mar 2024 08:51
(Sharecast News) - JP Morgan has added Burberry to its 'negative catalyst watch' list ahead of the British high fashion brand's annual results as the wider luxury sector continues to contend with a major slowdown in growth.
Fri 01 Mar 2024 08:37
(Sharecast News) - The downturn in the UK manufacturing sector continued in February amid disruption from the Red Sea crisis, according to a survey released on Friday.
Fri 01 Mar 2024 08:00
(Sharecast News) - Real estate property portal operator Rightmove said on Friday that profits had risen in 2023 and guided for further revenue growth in 2024 despite warning that customer numbers were likely to ease this year.
Fri 01 Mar 2024 07:58
(Sharecast News) - Wincanton said on Friday that its board is now backing a £762m takeover approach by Clipper Logistics owner GXO Logistics, withdrawing previous support for an offer by CEVA Logistics, a unit of French shipping firm CMA CGM.
Fri 01 Mar 2024 07:39
(Sharecast News) - UK educational publisher Pearson said it expected 2024 earnings to be in line with expectations after reporting a rise in annual profits driven by strong demand for its English language courses and extending its share buyback by £200m.
Fri 01 Mar 2024 07:28
(Sharecast News) - Babcock International has secured a significant contract with the UK's Submarine Delivery Agency (SDA), it announced on Friday, valued at £560m.
Fri 01 Mar 2024 07:25
(Sharecast News) - Tritax Big Box, the logistics-focused real estate group currently undergoing a potential £900m all-share merger with UK Commercial Property Reit (UKCM), delivered a small increase full-year profits as a result of higher rental income and lower costs.
Fri 01 Mar 2024 07:23
(Sharecast News) - ITV said on Friday that it has sold its entire 50% stake in streaming service BritBox International to its joint venture partner BBC Studios for £255m in cash.
Fri 01 Mar 2024 07:12
(Sharecast News) - Engineering firm Smiths Group has sold a third of its stake in US-listed IV therapy specialist ICU Medical for £70m.
Fri 01 Mar 2024 07:07
(Sharecast News) - Specialist engineer IMI on Friday reported a 12% jump in full-year profits and forecast higher earnings this year driven by a strong order book.
Thu 29 Feb 2024 15:37
(Sharecast News) - Supermarket chain Sainsbury's said on Thursday that it's planning to cut around 1,500 jobs, as it looks to reduce costs and focus on food.
Thu 29 Feb 2024 14:45
(Sharecast News) - US-listed shares in Birkenstock dropped in New York on Thursday despite the German sandal maker beating analysts' forecasts with its first fiscal quarter results, as adjusted profits declined on the back of margin pressures.
Thu 29 Feb 2024 14:19
(Sharecast News) - Cloud video editing technology specialist Blackbird raised £1.05m on Thursday, to invest into its elevate.io content creation product.
Thu 29 Feb 2024 14:12
(Sharecast News) - Arecor Therapeutics updated the market on an announcement made by its subsidiary Tetris Pharma on Thursday, regarding the launch of the 'Ogluo' glucagon prefilled autoinjector pen in the Netherlands.
Thu 29 Feb 2024 14:07
(Sharecast News) - AI-focussed digital transformation specialist Silverbullet reported a substantial increase in total group revenue in a trading update on Thursday, to £8.3m, making for 42% growth compared to the prior year's £5.8m.
Thu 29 Feb 2024 14:01
(Sharecast News) - Power Metal Resources announced an agreement with GSA Environmental (GSAe), on Thursday, under which it would acquire 75% of GSAe's entire issued share capital under binding heads of terms.
Thu 29 Feb 2024 13:45
(Sharecast News) - Itim Group reported a robust full-year financial performance in a trading update on Thursday, surpassing market expectations.
Thu 29 Feb 2024 13:11
(Sharecast News) - Vodafone rallied on Thursday amid takeover speculation.
Thu 29 Feb 2024 13:04
(Sharecast News) - Oncimmune reported revenue of £2.1m in its final results on Thursday, down from £3.8m for the prior extended 15-month period, with revenue from continuing operations totalling £1.2m.
Thu 29 Feb 2024 12:43
(Sharecast News) - The Body Shop is to close a further 75 stores, it was confirmed on Thursday, with the loss of nearly 500 jobs.
Thu 29 Feb 2024 12:36
(Sharecast News) - Citi has lifted its target price for aerospace manufacturing group Melrose from 620p to 735p and placed the stock on 'catalyst watch' ahead of company's results next week, hailing the company cash-generating abilities.
Thu 29 Feb 2024 11:18
(Sharecast News) - UK veterinary service provider CVS Group reported an 11.4% increase in revenue in its interim results on Thursday, to £329.9m, with a like-for-like sales growth of 6%.
Thu 29 Feb 2024 10:39
(Sharecast News) - Hunting reported a 19% rise in its order book in its full-year results on Thursday. to $565.2m, accompanied by a 28% increase in revenue to $929.1m.
Thu 29 Feb 2024 10:17
(Sharecast News) - Man Group posted a slump in annual profits on Thursday, despite a jump in assets under management, after performance fees tumbled.
Thu 29 Feb 2024 09:49
(Sharecast News) - Analyst at RBC Capital Markets lowered their target price on consumer goods company Reckitt from 7,500.0p to 7,000.0p on Thursday but reiterated their 'outperform' rating on the stock, stating it was currently "bruised but undervalued".
Thu 29 Feb 2024 09:47
(Sharecast News) - Pharmaceuticals business Indivior has received final court approval for a landmark settlement in an antitrust multi-district litigation with the direct purchaser class.
Thu 29 Feb 2024 09:36
(Sharecast News) - Belgium's Ageas would need to make an offer of 270p to 300p a share for UK insurer Direct Line for it to be more likely to be accepted, Jefferies said in a note on Thursday.
Thu 29 Feb 2024 09:27
(Sharecast News) - Asset manager Schroders posted a slide in annual profits on Thursday, after a historically "challenging" year for the sector.
Thu 29 Feb 2024 09:22
(Sharecast News) - Citi has upgraded its stance on St James's Place after a collapse in the the financial advice company's shares this week, saying that the "potholes have been filled".
Thu 29 Feb 2024 09:21
(Sharecast News) - Shares in CRH jumped to a record high on Thursday after the building materials giant reported double-digit profit growth for 2023 and announced a new $300m share buyback programme.
Thu 29 Feb 2024 09:15
(Sharecast News) - All eyes at the end of the week will be on a raft of factory sector survey results for the month of February due out across the world.
Thu 29 Feb 2024 08:59
(Sharecast News) - Wincanton surged on Thursday after Clipper Logistics owner GXO Logistics said it had made a £764m takeover offer for the company, potentially kicking off a bidding war.
Thu 29 Feb 2024 08:57
(Sharecast News) - Renewable infrastructure fund Greencoat UK Wind hiked its dividend above expectations in 2023 and said it was confident of being able to do it again in FY24.
Thu 29 Feb 2024 08:32
(Sharecast News) - Hammerson reported another record year of leasing activity in its final results on Thursday, with 306 deals totalling £46m in headline rent, marking an increase of 23% year-on-year.
Thu 29 Feb 2024 08:27
(Sharecast News) - Healthcare therapeutics company Avacta tumbled on Thursday after a heavily discounted placing.
Thu 29 Feb 2024 08:15
(Sharecast News) - West End-focused real estate group Shaftesbury Capital said it saw "excellent" leasing activity across all property with rents rising by a tenth as it swing to a net profit in 2023.
Thu 29 Feb 2024 08:12
(Sharecast News) - Private healthcare business Spire revealed on Thursday that full-year profits had surged in 2023 following a "strong" full-year performance.
Thu 29 Feb 2024 08:08
(Sharecast News) - Power generation company Drax posted a surge in full-year profits on Thursday and lifted its dividend, as Britons struggled to pay their energy bills.
Thu 29 Feb 2024 08:06
(Sharecast News) - Government contractor Serco said it expected slightly lower revenues this year and a 5% rise in profit as 2023 earnings rose 25%.
Thu 29 Feb 2024 07:58
(Sharecast News) - Molten metal flow engineer Vesuvius reported a drop in full-year profit and revenue on Thursday amid "difficult" market conditions.
Thu 29 Feb 2024 07:55
(Sharecast News) - The London Stock Exchange Group posted modest profit growth for the year just ended and sounded a confident note on the outlook, including for initial public offerings.
Thu 29 Feb 2024 07:39
(Sharecast News) - Precision instrumentation and controls company Spectris reported record adjusted profits for 2023 on the back of double-digit sales growth and improving margins, though sales came in slightly below forecasts.
Thu 29 Feb 2024 07:23
(Sharecast News) - Consumer health firm Haleon on Thursday posted flat annual earnings and said it expected to grow revenue this year on higher demand.
Thu 29 Feb 2024 07:22
(Sharecast News) - Weir Group managed to deliver an 18% increase in adjusted profits in 2023 after beefing up margins more than expected as it pointed to further growth across the board this year.
Thu 29 Feb 2024 07:22
(Sharecast News) - GSK announced a confidential settlement with Boyd/Steenvoord, effectively resolving a case filed in California state court over its discontinued heartburn drug Zantac.
Thu 29 Feb 2024 07:21
(Sharecast News) - Ocado said on Thursday that it swung back to an underlying profit in 2023 as its joint venture with M&S returned to profit.
Thu 29 Feb 2024 07:08
(Sharecast News) - British Airways owner IAG on Thursday more than doubled annual profit as demand continued to rebound from the effects of the Covid pandemic.
Wed 28 Feb 2024 14:31
(Sharecast News) - Verditek shares were surging on Wednesday afternoon, after it announced a conditional sale and purchase agreement to divest its solar business, including Verditek Solar Italy, to Verditek Solar Limited for £0.53m.
Wed 28 Feb 2024 14:08
(Sharecast News) - Deutsche Numis put its rating on St James's Place under review from 'buy' on Wednesday after the wealth manager's full-year results.
Wed 28 Feb 2024 13:39
(Sharecast News) - Should the Federal Reserve begin to reduce interest rates in June?
Wed 28 Feb 2024 13:38
(Sharecast News) - Application-specific integrated circuit (ASIC) specialist EnSilica announced a substantial order for the tape-out of a bespoke ASIC from a major US-based electronics manufacturer on Wednesday.
Wed 28 Feb 2024 13:35
(Sharecast News) - The Co-operative Bank reported an underlying profit of £120.9m in its full-year results on Wednesday, down from £136m year-on-year, with a net interest margin of 180 basis points, making for a 14 basis point increase compared to 2022.
Wed 28 Feb 2024 13:32
(Sharecast News) - Kibo Energy announced on Wednesday that its flexible power specialist subsidiary Mast Energy Developments (MED) had struck a strategic funding partnership with RiverFort Global Opportunities PCC (RiverFort), along with a substantial funding agreement, a new capacity market contract, and the termination of the Proventure joint venture agreement.
Wed 28 Feb 2024 13:25
(Sharecast News) - Avingtrans reported a 30.4% increase in first-half revenue in its interim results on Wednesday, to £65.2m, compared to £50.0m in the same period last year.
Wed 28 Feb 2024 13:19
(Sharecast News) - Security and industrial inspection scanning technology specialist Image Scan said in a trading update on Wednesday that, while it returned to profit in 2023, trading in the current financial year started at a slower pace in terms of sales and order intake.
Wed 28 Feb 2024 13:13
(Sharecast News) - Bradda Head Lithium announced on Wednesday that it has concluded a significant land exchange concerning the unpatented lode claims at its Wikieup clay project in Western Arizona, originally announced on 1 March 2023.
Wed 28 Feb 2024 12:51
(Sharecast News) - Digital health company Trellus Health announced a significant agreement with a major US health plan on Wednesday, targeting inflammatory bowel disease (IBD) management.
Wed 28 Feb 2024 12:38
(Sharecast News) - Testing, simulation and measurement products specialist AB Dynamics reported positive performance in a trading update on Wednesday, in line with the board's expectations.
Wed 28 Feb 2024 12:02
(Sharecast News) - Shares in Direct Line Insurance Group motored ahead on Wednesday, after Belgium's Ageas confirmed it was considering a possible £3.1bn bid for its UK rival.
Wed 28 Feb 2024 11:19
(Sharecast News) - Nexxen International announced on Wednesday that it had finalised a settlement and embarked on a three-year strategic alliance with Alphonso and LG Electronics.
Wed 28 Feb 2024 11:02
(Sharecast News) - EasyJet is expected to make its way back into the FTSE 100 in the latest reshuffle due to be announced after the market close on Wednesday.
Wed 28 Feb 2024 10:29
(Sharecast News) - Chinese developer Country Garden Holdings Company has been hit by a winding-up petition, it was confirmed on Wednesday, in the latest blow to China's embattled property sector.
Wed 28 Feb 2024 09:40
(Sharecast News) - Shares in Reckitt Benckiser Group tumbled on Wednesday, after fourth-quarter sales missed expectations.
Wed 28 Feb 2024 09:28
(Sharecast News) - Analysts at Berenberg raised their target price on Intercontinental Hotels Group from 6,000.0p to 7,400.0p on Wednesday following the group's "solid" full-year results.
Wed 28 Feb 2024 09:20
(Sharecast News) - Real estate investor Primary Health Properties said on Wednesday that rental income had risen in the ended 31 December, leading the group to hike its final dividend payout.
Wed 28 Feb 2024 08:41
(Sharecast News) - HICL said it had was selling its entire stake in the US Northwest Parkway toll-road project (NWP) to VINCI Highways for $232m and starting a £50m share buyback with the proceeds.
Wed 28 Feb 2024 08:39
(Sharecast News) - Derwent London reporting a robust lettings performance in its 2023 results on Wednesday, despite reporting a wider loss, as it upgraded its guidance for the new financial year.
Wed 28 Feb 2024 08:32
(Sharecast News) - Outsourcing company Capita has inked a deal with as much as £220.0m with a "major European telecoms provider".
Wed 28 Feb 2024 08:03
(Sharecast News) - Shares in auto and bike parts retailer Halfords plummeted on Wednesday after the company delivered a surprise profit warning with just one month to go before the end of its financial year and said there would be no profit growth next year.
Wed 28 Feb 2024 07:47
(Sharecast News) - Thames Water is lobbying both government and the regulator to allow it to raise bills, pay dividends and avoid swingeing fines, it was reported on Wednesday.
Wed 28 Feb 2024 07:46
(Sharecast News) - UK luxury carmaker Aston Martin Lagonda more than halved annual losses last year, driven by higher prices for its high-end vehicles.
Wed 28 Feb 2024 07:43
(Sharecast News) - Takeaway group Just Eat delivered adjusted profits ahead of its own forecasts for 2023 and predicted a 39% jump in earnings this year as gross transaction value (GTV) excluding North America returned to growth.
Wed 28 Feb 2024 07:37
(Sharecast News) - Wealth manager St James's Place tumbled on Wednesday after saying it swung to a full-year loss and slashing its dividend, as it set aside £426m for potential client refunds.
Wed 28 Feb 2024 07:25
(Sharecast News) - Real estate investment trust Segro said on Wednesday that it had raised gross proceeds of £907m in a placing to pursue additional growth opportunities.
Wed 28 Feb 2024 07:23
(Sharecast News) - Drax Group announced provisional agreements secured through the recent T-4 capacity market auctions on Wednesday, as it also faced fresh scrutiny over its sourcing practices.
Wed 28 Feb 2024 07:17
(Sharecast News) - UK housebuilder Taylor Wimpey said current trading was showing "some encouraging signs of improvement" but would still build fewer homes this year as 2023 profits almost halved on higher mortgage rates and weaker demand.
Wed 28 Feb 2024 07:10
(Sharecast News) - Vodafone has confirmed media speculation that it intends to sell its Italian operations to Swiss telecoms group Swisscom for an enterprise value of €8bn.
Tue 27 Feb 2024 17:11
(Sharecast News) - Real estate investment trust Segro said on Tuesday that it was planning to raise around £800m in a placing to pursue additional growth opportunities.
Tue 27 Feb 2024 16:08
(Sharecast News) - Barclays has agreed to sell around $1.1bn of credit-card receivables in the US to Blackstone as it looks to reduce its risk-weighted assets and create additional lending capacity.
Tue 27 Feb 2024 15:58
(Sharecast News) - Ocean Harvest Technology announced the granting of a second patent on Tuesday, covering various claims related to the benefits of its 'OceanFeed' product.
Tue 27 Feb 2024 15:49
(Sharecast News) - Oracle Power announced on Tuesday that, alongside its joint venture company Oracle Energy, it had initiated a geotechnical study and an electrical resistivity survey (ERS) for the proposed renewable power plant site at Jhimpir, in Pakistan's Sindh province.
Tue 27 Feb 2024 15:44
(Sharecast News) - Life science company SkinBioTherapeutics reported encouraging interim findings from its ongoing AxisBiotix acne food supplement study featuring its lead formulation on Tuesday.
Tue 27 Feb 2024 14:52
(Sharecast News) - Norwegian Cruise Line projected a promising first-quarter profit on Tuesday, buoyed by robust demand and increased ticket prices.
Tue 27 Feb 2024 13:15
(Sharecast News) - Fusion Antibodies announced the receipt of its first purchase order under a master services agreement on Tuesday, which it agreed with a prominent diagnostics company on 14 February.
Tue 27 Feb 2024 13:10
(Sharecast News) - Morgan Stanley downgraded Unilever on Tuesday to 'underweight' from 'equalweight' and cut the price target to 3,775p from 4,100p.
Tue 27 Feb 2024 12:38
(Sharecast News) - Shares in Macy's were bobbing above and below the waterline in pre-market trading on Tuesday, after the retail giant reported a mixed set of holiday-quarter figures and unveiled a new strategic plan.
Tue 27 Feb 2024 12:28
(Sharecast News) - Kitwave Group reported a 20% rise in revenue in its full-year results on Tuesday, to £602.2m, compared to £503.1m in the prior year.
Tue 27 Feb 2024 12:20
(Sharecast News) - Construction materials distributor Brickability said in an update on Tuesday that, despite positive performances in the distribution and contracting divisions, weakness in bricks and building products was leading to a more conservative full-year outlook.
Tue 27 Feb 2024 12:05
(Sharecast News) - Software-as-a-service business Itim Group revealed on Tuesday that it had won a contract with fashion retailer Quiz Clothing.
Tue 27 Feb 2024 11:58
(Sharecast News) - US home improvement retailer Lowe's reported fourth-quarter revenue that met analysts' expectations on Tuesday, as it fell 17.1% year-on-year to $18.6bn.
Tue 27 Feb 2024 11:42
(Sharecast News) - Currys confirmed on Tuesday that it had received and rejected a sweetened takeover approach from US investment firm Elliott Advisors.
Tue 27 Feb 2024 11:42
(Sharecast News) - Investment firm Elliott Advisors has reportedly returned with a second offer for electricals retailer Currys amid investor hopes of a rare bidding war for a London-listed company.
Tue 27 Feb 2024 10:28
(Sharecast News) - High street retailer Marks & Spencer has announced it is to pay UK workers in the Real Living Wage of £12 per hour and make "significant improvements" in family leave policies.
Tue 27 Feb 2024 10:22
(Sharecast News) - Semiconductor company Sondrel said on Tuesday that it had won a new design and supply contract for a next-generation video processing chip with a total estimated value of $23.0m across the design, qualification and projected production life of the product.
Tue 27 Feb 2024 10:09
(Sharecast News) - Plant-based polymers manufacturer Itaconix said on Tuesday that it had achieved "another record year of revenues" in 2023, sending shares skyward in early trading.
Tue 27 Feb 2024 09:43
(Sharecast News) - Digital solutions company Silver Bullet Data Services said on Tuesday that it has secured an extended contract with Mars Petcare US.
Tue 27 Feb 2024 09:40
(Sharecast News) - Analysts at Berenberg raised their target price on drugmaker Hikma Pharmaceuticals from 1,960.0p to 2,000.0p on Tuesday, citing more stability in its generics unit.
Tue 27 Feb 2024 09:40
(Sharecast News) - RBC Capital Markets has reiterated an 'outperform' rating and 575p target price for Rentokil Initial ahead of the pest control group's full-year results next week.
Tue 27 Feb 2024 09:35
(Sharecast News) - Healthcare services company Uniphar reported a robust set of preliminary results on Tuesday, with EBITDA rising 17.7%, as it achieved a return on capital employed of 15.2% and maintained year-end leverage at 1.6x.
Tue 27 Feb 2024 09:29
(Sharecast News) - Fast fashion retailer Shein was said to be looking at switching its proposed $90.0bn initial public offering from New York to London as a result of regulatory hurdles to the listing in the US.
Tue 27 Feb 2024 09:12
(Sharecast News) - All eyes on Wednesday will be on a revised reading for fourth quarter U.S. gross domestic product growth.
Tue 27 Feb 2024 08:58
(Sharecast News) - McBride surged on Tuesday as the cleaning products manufacturer lifted it full-year outlook for adjusted operating profit, citing good levels of demand for retailers' own brands.
Tue 27 Feb 2024 08:14
(Sharecast News) - Bathroom retailer Victorian Plumbing said in a trading update on Tuesday that it had seen a 3% reduction in average order value in the first 21 weeks of the financial year.
Tue 27 Feb 2024 07:58
(Sharecast News) - Australian liquefied natural gas company Woodside Energy delivered a record production performance in 2023, but both profits and revenues fell sharply falling prices outweighed an increase in sales volumes.
Tue 27 Feb 2024 07:53
(Sharecast News) - Fund manager Abrdn said on Tuesday that it has started work on its plans to cut around 500 jobs as part of a cost-reduction programme that is running ahead of targets, as it posted a narrowing of its full-year losses but warned of a hit to margins as clients shift to passive investing.
Tue 27 Feb 2024 07:48
(Sharecast News) - Mining group Endeavour has announced that wet commissioning activities are now underway at the Sabodala-Massawa Expansion project in Senegal, with first gold expected in early May.
Tue 27 Feb 2024 07:33
(Sharecast News) - Barclays upgraded Flutter Entertainment on Tuesday to 'overweight' from 'equalweight' and lifted the price target to 200p from 153p, citing multi-year earnings growth.
Tue 27 Feb 2024 07:22
(Sharecast News) - Medical device giant Smith & Nephew reported fourth-quarter revenue of $1.46bn on Tuesday, marking a 6.4% increase on an underlying basis compared to the prior year.
Tue 27 Feb 2024 07:18
(Sharecast News) - Research company Kantar's latest supermarket share update showed that grocery price inflation had dropped to 5.3% in February, its lowest rate since March 2022.
Tue 27 Feb 2024 07:16
(Sharecast News) - Student accommodation provider Unite Group has delivered a confident outlook and upgraded guidance after seeing record adjusted earnings for 2023, though reported profits dropped by more than two thirds as a result of big losses related to changes in property valuations.
Tue 27 Feb 2024 07:02
(Sharecast News) - British speciality chemicals maker Croda International on Tuesday warned of lower operating margins this year after posting a slump in 2023 profits due to customers destocking and a weak macroeconomic environment.
Mon 26 Feb 2024 15:05
(Sharecast News) - Gold explorer Oriole Resources updated the market on exploration at its 90%-owned Mbe gold project in Cameroon on Monday.
Mon 26 Feb 2024 14:21
(Sharecast News) - i3 Energy reported a robust fourth-quarter performance in an update on Monday, with record annual corporate production for 2023 averaging 20,711 barrels of oil equivalent per day.
Mon 26 Feb 2024 14:13
(Sharecast News) - International Personal Finance cited regulatory issues in Poland as it delayed the release of its full-year results.
Mon 26 Feb 2024 14:12
(Sharecast News) - Lexington Gold updated the market on its 2023-2024 drilling programme at the Bothaville Project in the Witwatersrand Gold Basin of South Africa on Monday, where it started drilling in early December, reporting significant milestones.
Mon 26 Feb 2024 14:08
(Sharecast News) - Tertiary Minerals announced the signing of a new joint venture agreement with local partner Mwashia Resources on Monday.
Mon 26 Feb 2024 14:00
(Sharecast News) - Falcon Oil & Gas announced significant achievements at the Shenandoah South 1H (SS-1H) well in EP117 on Monday, surpassing pre-drill expectations.
Mon 26 Feb 2024 13:11
(Sharecast News) - Private equity firm KKR has agreed to buy Broadcom's end-user computing division - the EUC Division - in a $4bn deal.
Mon 26 Feb 2024 13:02
(Sharecast News) - Base Resources reported a decrease in average achieved product prices in its half-year results on Monday, as rutile prices declined by 4%, ilmenite by 9%, and zircon by 18%.
Mon 26 Feb 2024 12:28
(Sharecast News) - Investors' focus on Tuesday will be on a raft of U.S. economic indicators that are due out.
Mon 26 Feb 2024 12:28
(Sharecast News) - Directa Plus announced the acquisition of an additional 48.96% stake in Setcar on Monday, taking its shareholding from 50.99% to 99.95%.
Mon 26 Feb 2024 12:18
(Sharecast News) - Infection prevention products developer Tristel announced the successful conclusion of all reviews required under the UK and European Union medical devices regulations for the approval of its TANK ClO2 sporicidal disinfectant system on Monday.
Mon 26 Feb 2024 11:20
(Sharecast News) - Serica Energy announced on Monday that it had finalised the acquisition of a 30% non-operated stake in the Greater Buchan Area (GBA) licences, comprising P2498 and P2170, from Jersey Oil & Gas (JOG).
Mon 26 Feb 2024 11:08
(Sharecast News) - Ocado slumped on Monday following a report over the weekend that Marks & Spencer is withholding a multimillion-pound payment to the group after their grocery delivery venture missed key performance targets.
Mon 26 Feb 2024 11:01
(Sharecast News) - Berenberg upped its price target on 'buy' rated Standard Chartered on Monday to 1,050p from 1,000p as it said that growth and returns are undervalued.
Mon 26 Feb 2024 10:58
(Sharecast News) - Ryanair revised down its passenger forecasts and warned of possible flight cancellations over the upcoming summer season on Monday, blaming Boeing over worsening delays in aircraft deliveries.
Mon 26 Feb 2024 10:14
(Sharecast News) - London's Heathrow Airport has denied a report by the Sunday Times that plans to add a third runway had been shelved.
Mon 26 Feb 2024 09:50
(Sharecast News) - Analysts at Berenberg lowered their target price on food ingredients manufacturer Tate & Lyle from 890.0p to 860.0p on Monday due to FX headwinds.
Mon 26 Feb 2024 09:46
(Sharecast News) - Music royalties investor Hipgnosis Songs Fund said on Monday that it was now seeking to secure an indemnity from Merck Mercuriadis and Hipgnosis Songs Management following the issuance of High Court proceedings against both.
Mon 26 Feb 2024 08:40
(Sharecast News) - Anglo American investors just need a little more patience, according to analysts at Jefferies who reiterated their 'buy' rating on the mining company ahead of what it sees as an inevitable recovery in the share price.
Mon 26 Feb 2024 08:19
(Sharecast News) - Logistics firm Wincanton surged on Monday after CEVA Logistics, a unit of French shipping firm CMA CGM, sweetened its offer for the group to £604.7m, and following an approach from Clipper Logistics owner GXO Logistics.
Mon 26 Feb 2024 08:02
(Sharecast News) - Extended reality technology group Engage XR reported a better-than-expected full-year underlying loss on Monday as revenues came in right in the middle of its guidance range.
Mon 26 Feb 2024 07:52
(Sharecast News) - Britain's competition watchdog has started an investigation into eight housebuilders over evidence they may have been sharing information which could be harming competition in the sector and influencing prices.
Mon 26 Feb 2024 07:49
(Sharecast News) - American oil group Kosmos Energy reported that fourth-quarter revenues fell by a tenth as falling prices outweighed an increase in production, but the company swung to a profit and painted a bullish outlook for the coming year.
Mon 26 Feb 2024 07:22
(Sharecast News) - European regulators has given the green light to AstraZeneca's blood-disorder drug Voydeya, the biopharma giant announced on Monday.
Mon 26 Feb 2024 07:22
(Sharecast News) - GSK announced encouraging headline outcomes from its trial of gepotidacin, an oral antibiotic aiming to address uncomplicated urogenital gonorrhoea in adolescents and adults, on Monday.
Mon 26 Feb 2024 07:20
(Sharecast News) - Hammerson said on Monday that it has agreed the sale of Aberdeen shopping centre Union Square to an affiliate of Lone Star Real Estate Fund VI for £111m in cash.
Mon 26 Feb 2024 07:19
(Sharecast News) - Professional services consultancy Begbies Traynor said in a trading update on Monday that it maintained consistency with expectations in the third quarter, with both divisions trading in accordance with the outlook it provided at its half-year results in December.
Mon 26 Feb 2024 07:03
(Sharecast News) - Shares in Bunzl slipped on Monday as the distribution specialist said it expected a slight fall in operating margin after posting a 10% rise in annual profits, as revenues were hit by weaker trading at its North American operations.
Fri 23 Feb 2024 14:08
(Sharecast News) - The former boss of Bytes Technology made more than 100 share trades without disclosing them, it emerged on Friday.
Fri 23 Feb 2024 13:03
(Sharecast News) - Early-stage technology investor Vela Technologies said in an update on Friday that its total assets, including cash, decreased by £0.64m or 9% during the December quarter, amounting to £6.18m.
Fri 23 Feb 2024 12:48
(Sharecast News) - Griffin Mining announced the resignation of Shengchang Jin from his position as a director of Hebei Hua Ao Mining (HHA), an operating subsidiary owned 88.8% by the company, on Friday.
Fri 23 Feb 2024 12:47
(Sharecast News) - UK government contractor Serco has been ordered to to stop using facial recognition technology to monitor the attendance of employees at leisure centres it operates.
Fri 23 Feb 2024 12:39
(Sharecast News) - Asia-Pacific-focussed upstream company Jadestone Energy announced changes to its corporate governance structure on Friday.
Fri 23 Feb 2024 12:31
(Sharecast News) - RBC Capital Markets lifted its price target on Conduit Holdings on Friday to 650p from 575p and reiterated its 'outperform' rating.
Fri 23 Feb 2024 12:26
(Sharecast News) - Warner Brothers Discovery posted a bigger-than-expected quarterly loss on Friday, weighing on the shares.
Fri 23 Feb 2024 12:25
(Sharecast News) - Verditek updated the market on its proposed disposal on Friday, announcing positive progress in negotiations with bondholders regarding the sale of certain assets.
Fri 23 Feb 2024 12:19
(Sharecast News) - Orosur Mining announced on Friday that it has received approval from the TSX-V for its new equity incentive plan, following shareholder endorsement at the annual and special meeting on 20 December.
Fri 23 Feb 2024 12:16
(Sharecast News) - Corcel updated the market on its unsecured convertible loan note facility on Friday.
Fri 23 Feb 2024 12:12
(Sharecast News) - RBG Holdings unveiled plans for a retail offer directed at existing retail shareholders on Friday, in a bid to raise £0.7m to help its plans to save on interest payments.
Fri 23 Feb 2024 12:05
(Sharecast News) - Empire Metals announced a strategic decision regarding its non-core assets on Friday, specifically the Gindalbie Tribute Agreement, as part of its efforts to fast-track development at the Pitfield Titanium Project in Western Australia.
Fri 23 Feb 2024 11:47
(Sharecast News) - Germany's BASF Group is to slash costs by a further €1bn, the chemicals giant confirmed on Friday, as it battles higher expenses and falling earnings.
Fri 23 Feb 2024 11:24
(Sharecast News) - Tlou Energy updated the market on the Lesedi project on Friday, reporting significant progress towards electricity generation.
Fri 23 Feb 2024 11:14
(Sharecast News) - Independent business energy supplier Yu Group announced on Friday that through its Yu Energy Retail subsidiary, it has entered into a new hedging facility with Shell Energy Europe.
Fri 23 Feb 2024 11:01
(Sharecast News) - German insurance and asset management group Allianz delivered a record set of annual results on Friday as it hiked its dividend by more than a fifth on the back of a higher payout ratio and launched a new share buyback programme of up to €1bn.
Fri 23 Feb 2024 10:16
(Sharecast News) - The government is to introduce a £2 maximum stake for under-25s playing online slot machines, it was confirmed on Friday.
Fri 23 Feb 2024 10:16
(Sharecast News) - Canaccord Genuity has hiked its target price for Trainline ahead of the booking platform's trading next month after pencilling in a less-than-expected impact from recent rail strikes.
Fri 23 Feb 2024 09:13
(Sharecast News) - Barclays has cut its rating for the UK-listed shares of American pizza chain Domino's from 'overweight' to 'equal weight', citing concerns about a slowdown in takeaway app downloads.
Fri 23 Feb 2024 09:07
(Sharecast News) - Analysts at Berenberg raised their target price on aerospace and defence group Chemring from 370.0p to 415.0p on Friday, stating demand was driving the group's order book higher.
Fri 23 Feb 2024 09:05
(Sharecast News) - Financial services provider STM Group said on Friday that full-year revenues were £28.0m, ahead of market expectations, driven by higher than forecasted interest income.
Fri 23 Feb 2024 08:36
(Sharecast News) - Hornby surged on Friday after Mike Ashley's Frasers Group lifted its stake in the model train maker to 8.9%.
Fri 23 Feb 2024 08:15
(Sharecast News) - Barclays upgraded construction materials company Breedon Group on Friday to 'overweight' from 'equalweight' and hiked the price target to 450p from 380p.
Fri 23 Feb 2024 08:12
(Sharecast News) - Deutsche Telekom met guidance with its results for 2023 and forecast an slight acceleration in profit growth this year.
Fri 23 Feb 2024 07:59
(Sharecast News) - Foreign exchange business CAB Payments revealed on Friday that chief executive officer Bhairav Trivedi will be succeeded by Neeraj Kapur following the publication of the group's full-year results on 26 March.
Fri 23 Feb 2024 07:46
(Sharecast News) - Education software firm Tribal Group has announced it is now entering a mediation process with Nanyang Technological University (NTU) over continued disputes around its eight-year, £17m contract with the Singaporean institution.
Fri 23 Feb 2024 07:27
(Sharecast News) - Woodside announced a transaction with JERA on Friday involving equity participation in the Scarborough joint venture, LNG trade arrangements, and cooperation in advancing new energy and low-carbon solutions.
Fri 23 Feb 2024 07:20
(Sharecast News) - Chemring has kept hold of guidance but said that annual results will now be increasingly weighted to the second half after severe winter conditions interrupted manufacturing operations at the start of the financial year.
Fri 23 Feb 2024 07:18
(Sharecast News) - The German economy contracted by 0.3% on the quarter in the fourth quarter, according to data released on Friday by Destatis, in line with the initial estimate and consensus.
Fri 23 Feb 2024 07:02
(Sharecast News) - Shares in Standard Chartered on Friday soared after the Asia-focused bank unveiled a new $1bn buyback, increased dividend and higher annual profits, but reined in guidance on income for the current year.
Thu 22 Feb 2024 17:07
(Sharecast News) - Investors' attention at the end of the week will be on the euro area's largest economy.
Thu 22 Feb 2024 16:14
(Sharecast News) - Windar Photonics announced Windar Nexus, a wind energy sector software platform, on Thursday.
Thu 22 Feb 2024 16:10
(Sharecast News) - Minerals explorer and developer Ariana Resources reported positive outcomes from its fourth quarter drilling initiative at the Kizilcukur Project in the Kiziltepe Sector on Thursday.
Thu 22 Feb 2024 16:02
(Sharecast News) - Crop peptide developer Plant Health Care announced the registration of its novel fungicide 'SAORI' in Mexico on Wednesday, for commercial launch.
Thu 22 Feb 2024 15:17
(Sharecast News) - Drinks giant Diageo is reportedly exploring the sale of a trio of non-core brands including Pimm's.
Thu 22 Feb 2024 14:09
(Sharecast News) - Location data technology specialist 1Spatial announced the signing of a 12-month contract with UK Power Networks for its traffic management plan automation (TMPA) solution under the 1Streetworks brand on Thursday.
Thu 22 Feb 2024 14:02
(Sharecast News) - Language, content and intellectual property technology specialist RWS Holdings said in an update on Thursday that during the 2023 financial year, it made significant strides in executing its medium-term strategy, evidenced by client acquisitions, technological advancements, and growth initiatives.
Thu 22 Feb 2024 13:56
(Sharecast News) - Transport technology provider Tracsis said in a trading update on Thursday that it continued its progress in executing its strategic plans for growth in its first half, as it transitioned to a broader software-as-a-service (SaaS) operating model.
Thu 22 Feb 2024 13:54
(Sharecast News) - Shore Capital upgraded Mitchells & Butlers on Thursday to 'buy' from 'hold' as it said robust trading year-to-date points to strong trading in FY24.
Thu 22 Feb 2024 13:50
(Sharecast News) - South Africa-focussed platinum group metals (PGM) producer Sylvania Platinum announced first-half net revenue of $40.8m on Thursday, a decrease from $79.9m in the first half of the 2023 financial year, which it attributed to a drop in basket price in dollar terms.
Thu 22 Feb 2024 12:58
(Sharecast News) - Energy supplier Ovo said on Thursday that it has appointed Justin King - the former chief executive of Sainsbury's - as its chairman.
Thu 22 Feb 2024 12:31
(Sharecast News) - Analysts at Deutsche Numis lowered their target price on financial services giant Hargreaves Lansdown from 1,043.0p to 996.0p on Thursday despite the firm's interim results coming in "a little ahead".
Thu 22 Feb 2024 11:55
(Sharecast News) - Shares in Nvidia sparked on Thursday, after the US chipmaker saw sales surge on booming demand for artificial intelligence.
Thu 22 Feb 2024 11:49
(Sharecast News) - Moderna posted a surprise quarterly profit on Thursday, despite sales of its Covid vaccine continuing to slide.
Thu 22 Feb 2024 11:13
(Sharecast News) - Business service and regulatory software company Marlowe announced a deal to divest specific governance, risk and compliance (GRC) software and service assets on Thursday.
Thu 22 Feb 2024 11:08
(Sharecast News) - Shares in Nestlé dropped on Thursday after the food and drink giant said that organic growth would slow this year
Thu 22 Feb 2024 09:57
(Sharecast News) - Construction company Galliford Try said on Thursday that it has inked three new infrastructure contracts totalling £98.0m.
Thu 22 Feb 2024 09:44
(Sharecast News) - Shares in Jupiter Fund Management jumped on Thursday, after full-year profits came in comfortably ahead of expectations.
Thu 22 Feb 2024 09:26
(Sharecast News) - Berenberg upgraded Moneysupermarket on Thursday to 'buy' from 'hold' and lifted the price target to 295p from 290p, citing an attractive entry point.
Thu 22 Feb 2024 09:15
(Sharecast News) - Self-storage group Safestore said on Thursday that quarterly revenues had fallen amid "challenging economic conditions".
Thu 22 Feb 2024 09:11
(Sharecast News) - Hargreaves Lansdown reported a 6% rise in assets under administration in its half-year results on Thursday, reaching a record high of £142.2bn by 31 December, compared to £127.1b a year earlier.
Thu 22 Feb 2024 09:03
(Sharecast News) - The government is poised to announce strict maximum stake limits for online slot machines, it was reported on Thursday, in a blow to the gaming industry.
Thu 22 Feb 2024 08:42
(Sharecast News) - There were few surprises in Genus's interim results on Thursday after a detailed trading update from the animal genetics company just last week, as it reported a 31% drop in adjusted profits as expected.
Thu 22 Feb 2024 08:26
(Sharecast News) - Indivior surged on Thursday after the opioid addiction treatment maker said it was planning to move its primary listing to the US.
Thu 22 Feb 2024 08:13
(Sharecast News) - Construction group Morgan Sindall hailed "record" full-year results on Thursday despite market headwinds.
Thu 22 Feb 2024 08:11
(Sharecast News) - Shares in Hays fell on Thursday as the embattled global recruitment firm as it reported weaker fee income on the back of an uncertain jobs market.
Thu 22 Feb 2024 08:05
(Sharecast News) - Insurance firm Beazley updated guidance on its undiscounted combined ratio on Thursday and announced an additional capital return programme.
Thu 22 Feb 2024 07:51
(Sharecast News) - Hikma Pharmaceuticals impressed the market with its annual results on Thursday as it bumped up its dividend by almost a third following double-digit growth in core revenues and profits in 2023.
Thu 22 Feb 2024 07:37
(Sharecast News) - Advertising giant WPP reported a resilient year in its preliminary results on Thursday, as revenue and like-for-like profits rose, although reported profits tumbled.
Thu 22 Feb 2024 07:36
(Sharecast News) - Paper and packaging giant Mondi reported lower full-year profits on the back of weaker demand and lower prices, with the latter continuing into the first quarter of 2024.
Thu 22 Feb 2024 07:33
(Sharecast News) - Rolls-Royce reported a more than doubling of its full-year profits on Thursday, underpinned by its civil aerospace segment.
Thu 22 Feb 2024 07:33
(Sharecast News) - Mining group Anglo American has slashed its annual dividend by a half after seeing profits plunge in 2023 on the back of impairments and downturns in the platinum and diamond markets.
Thu 22 Feb 2024 07:26
(Sharecast News) - Instant-service equipment business ME Group said on Thursday that it had delivered a "year of record financial performance", with both revenues and profits growing in the 12 months ended 31 October.
Thu 22 Feb 2024 07:19
(Sharecast News) - Coca-Cola HBC, the Switzerland-based bottling partner of the Coca-Cola Company, has announced it is snapping up an Irish vending-machine business to "unlock profitable opportunities".
Thu 22 Feb 2024 07:03
(Sharecast News) - Lloyds Bank on Thursday reported a 57% jump in full-year profits and announced another £2bn share buyback, but also set aside £450m for the regulatory probe into UK motor financing.
Wed 21 Feb 2024 15:47
(Sharecast News) - Bytes Technology said on Wednesday that chief executive Neil Murphy has resigned with immediate effect, having made undisclosed trades in shares of the software, security, AI and cloud services firm.
Wed 21 Feb 2024 13:31
(Sharecast News) - Lift, transport and keypad components specialist Dewhurst Group announced its intention to acquire the remaining 25% stake in P&R Liftcars on Wednesday.
Wed 21 Feb 2024 13:27
(Sharecast News) - US-based oil developer TomCo Energy announced a fundraise of £0.3m on Wednesday, in a bid to bolster the finances of its Greenfield Energy subsidiary.
Wed 21 Feb 2024 13:23
(Sharecast News) - Social media firm Reddit is reportedly planning to offer shares in its initial public offering to 75,000 of its biggest users when it hits the market next month.
Wed 21 Feb 2024 13:22
(Sharecast News) - Shares in photonic components and systems developer Gooch & Housego were sliding on Wednesday, as it reported ongoing challenges in the industrial and medical laser sectors despite growth in orders.
Wed 21 Feb 2024 13:15
(Sharecast News) - Feedback announced a significant development in its clinical infrastructure offerings on Wednesday, with radiology specialist Medical Imaging Partnership (MIP) agreeing to pilot Bleepa-CareLocker.
Wed 21 Feb 2024 12:37
(Sharecast News) - Corero Network Security announced a significant strategic partnership on Wednesday with TechEnabler, a prominent Brazilian network solutions distributor, aimed at bolstering its presence in the Latin American market.
Wed 21 Feb 2024 12:30
(Sharecast News) - Arbuthnot Banking Group released a pre-close trading update on Wednesday, ahead of its final results for the year ended 31 December.
Wed 21 Feb 2024 12:26
(Sharecast News) - Green hydrogen technology developer Clean Power Hydrogen announced the successful completion of a key milestone in its collaboration with Northern Ireland Water on Wednesday.
Wed 21 Feb 2024 12:22
(Sharecast News) - Zinnwald Lithium released an updated mineral resource estimate (MRE) for its Zinnwald lithium project in Saxony, eastern Germany, on Wednesday, showcasing significant growth and potential for optimised project economics.
Wed 21 Feb 2024 12:17
(Sharecast News) - Brain health specialist Cambridge Cognition announced a strategic partnership with ActiGraph, a provider of wearable technologies tailored for clinical trials, on Wednesday.
Wed 21 Feb 2024 11:22
(Sharecast News) - Fishing tackle and equipment retailer Angling Direct said on Wednesday that its overall trading performance for the year ended 31 January was expected to be in line with market expectations.
Wed 21 Feb 2024 11:15
(Sharecast News) - Croma Security Solutions reported a solid set of interim results on Wednesday, with revenue rising 13% to £4.26m.
Wed 21 Feb 2024 10:45
(Sharecast News) - JPMorgan has maintained an 'overweight' position on energy and services company Centrica, saying the stock's current valuation is "undemanding" given recent weakness.
Wed 21 Feb 2024 10:43
(Sharecast News) - Aldi is to create more than 5,000 jobs in the UK this year, the German discounter announced on Wednesday.
Wed 21 Feb 2024 10:23
(Sharecast News) - British pawnbroker H&T Group said on Wednesday that it had acquired certain assets from Essex-based business Maxcroft Securities for a total of £11.3m in cash.
Wed 21 Feb 2024 09:53
(Sharecast News) - Saint-Gobain is in advanced talks to acquire Australian rival CSR, the construction materials group confirmed on Wednesday.
Wed 21 Feb 2024 09:49
(Sharecast News) - Software investor Software Circle revealed on Wednesday that it had acquired ARC Technology, a provider of software solutions for the management of practice-based learning to higher education institutions across both the UK and Ireland.
Wed 21 Feb 2024 09:45
(Sharecast News) - BT Group said on Wednesday that it has agreed to sell the BT Tower to MCR Hotels for £275m.
Wed 21 Feb 2024 09:41
(Sharecast News) - Challenger law firm Keystone Law Group said on Wednesday that it had continued to trade well through the second half of the trading year, resulting in a "strong performance" for the year as a whole.
Wed 21 Feb 2024 09:36
(Sharecast News) - Analysts at Berenberg raised their target price on banking giant Barclays from 240.0p to 270.0p on Wednesday, stating the stock's current level of returns remains "chronically undervalued".
Wed 21 Feb 2024 09:18
(Sharecast News) - All eyes on Thursday will be on a raft of purchasing managers' surveys due out in the euro area, UK and US covering the month of January.
Wed 21 Feb 2024 09:02
(Sharecast News) - Heathrow has posted its first adjusted profit in four years after recording its third highest annual passenger numbers in history, but said the Civil Aviation Authority's (CAA) price controls will make it hard to stay remain profitable going forward.
Wed 21 Feb 2024 08:29
(Sharecast News) - Jefferies upgraded Genel to 'buy' from 'hold' on Wednesday and lifted the price target to 100p from 85p.
Wed 21 Feb 2024 08:01
(Sharecast News) - Technology components manufacturer Senior has been awarded two separate contracts to supply a number of complex components to Airbus SAS and Airbus Atlantic.
Wed 21 Feb 2024 07:58
(Sharecast News) - Bulmers and Magners owner C&C Group said on Wednesday that it will launch a buyback programme of up to €15m on 1 March.
Wed 21 Feb 2024 07:50
(Sharecast News) - Hochschild Mining said the first gold had been poured at its Mara Rosa Mine in Brazil.
Wed 21 Feb 2024 07:49
(Sharecast News) - Shares in Glencore dropped sharply on Wednesday after the mining and commodities trader reported a halving of annual profits for 2023.
Wed 21 Feb 2024 07:27
(Sharecast News) - Tate & Lyle cut its full-year revenue outlook on Wednesday as it said posted a drop in third-quarter revenue due to softer demand.
Wed 21 Feb 2024 07:26
(Sharecast News) - BAE Systems reported better-than-expected full-year profits and said sales would grow further this year as the rise in geopolitical tensions drove increases in military spending by governments.
Wed 21 Feb 2024 07:22
(Sharecast News) - GSK's specialist HIV unit ViiV Healthcare, which it owns in partnership with Pfizer and Shionogi, unveiled promising findings from the 'LATITUDE' phase three trial of its long-acting injectable HIV treatment Cabenuva on Wednesday.
Wed 21 Feb 2024 07:20
(Sharecast News) - Conduit Holdings reported a comprehensive income of $190.8m in its preliminary results on Wednesday, reflecting a solid return on equity (RoE) of 22% for 2023.
Wed 21 Feb 2024 07:15
(Sharecast News) - Mining giant Rio Tinto said that commodity price movements led to a $1.5bn hit to underlying profits in 2023, though results were partly offset by a stronger US dollar and lower energy prices.
Wed 21 Feb 2024 07:02
(Sharecast News) - Shares in HSBC fell on Wednesday as a record annual profits missed forecasts after it was forced to take a $3bn hit from its exposure to a Chinese bank.
Tue 20 Feb 2024 15:40
(Sharecast News) - Cosmetics company The Body Shop will shutter roughly half of its UK storefronts and lower staffing numbers at its London head office by approximately 40%, leading to hundreds of job losses in the process.
Tue 20 Feb 2024 15:11
(Sharecast News) - AJ Bell founder Andy Bell has been appointed chairman of Applied Nutrition, a rapidly growing sports nutrition, health, and wellness brand based in Liverpool, it was reported on Tuesday.
Tue 20 Feb 2024 15:10
(Sharecast News) - Analysts at Canaccord Genuity hiked their target price on exploration and production business Arrow Exploration from 40.0p to 44.0p on Tuesday following "a very encouraging start" to the group's extensive 2024 drilling programme.
Tue 20 Feb 2024 15:03
(Sharecast News) - Anglo Asian Mining announced a significant milestone on Tuesday, with the completion of its maiden JORC 2012 mineral resource estimate for the Xarxar copper deposit in Azerbaijan.
Tue 20 Feb 2024 14:55
(Sharecast News) - Colombia-focussed hydrocarbon developer Arrow Exploration updated the market on activities in the Tapir Block on Tuesday, situated in the Llanos Basin, where it holds a 50% beneficial working interest.
Tue 20 Feb 2024 14:50
(Sharecast News) - Anglesey Mining updated the market on the progress of its Northern Copper Zone (NCZ) mineral resource delineation drilling programme at the Parys Mountain copper-zinc-lead-silver-gold VMS project on Tuesday, located on the Isle of Anglesey in north west Wales.
Tue 20 Feb 2024 14:42
(Sharecast News) - Engage XR announced major new contract wins on Tuesday, including its largest contract to date.
Tue 20 Feb 2024 14:36
(Sharecast News) - Self-storage operator Lok'nStore reported a continued positive trajectory in its operations in a first-half trading update on Tuesday.
Tue 20 Feb 2024 13:15
(Sharecast News) - Walmart said on Tuesday that it has agreed to buy Vizio in a $2.3bn deal.
Tue 20 Feb 2024 13:08
(Sharecast News) - Iron ore pellet producer Ferrexpo said on Tuesday that it was cancelling its interim dividend just days before it was due to be paid out, following a claim against its Ukrainian subsidiary.
Tue 20 Feb 2024 12:29
(Sharecast News) - Investors' focus in the middle of the week will be on the release of the minutes of the Federal Reserve's most recent policy meeting, in January.
Tue 20 Feb 2024 12:17
(Sharecast News) - Kistos has finalised a sale and purchase agreement to acquire EDF Energy Gas Storage, it announced on Tuesday, including two gas storage facilities onshore in the UK, namely Hill Top Farm and Hole House Farm.
Tue 20 Feb 2024 10:45
(Sharecast News) - Analysts at Berenberg lowered their target price on power supply solutions group XP Power from 1,700.0p to 1,400.0p on Tuesday but said its thesis on the stock was unchanged.
Tue 20 Feb 2024 10:41
(Sharecast News) - Electric vehicle charging solutions provider Pod Point said on Tuesday that its 2023 trading performance had been in line with expectations, while its net cash balance was ahead.
Tue 20 Feb 2024 10:04
(Sharecast News) - Shares in Petra Diamonds were sliding on Tuesday morning, after the company reported a decline in first-half revenue and earnings and lowered its production outlook for the full year.
Tue 20 Feb 2024 09:10
(Sharecast News) - Construction output in the eurozone rose 0.8% in December from the prior month, according to official data released on Tuesday.
Tue 20 Feb 2024 09:07
(Sharecast News) - Mobico shares slumped on Tuesday after the National Express owner said results would be delayed due to an accounting review of its German rail business.
Tue 20 Feb 2024 09:03
(Sharecast News) - InterContinental Hotels Group reported strong trading in its final results on Tuesday, with global revenue per available room (RevPAR) increasing 16.1% year-on-year for 2023, with a notable 7.6% increase in the fourth quarter alone.
Tue 20 Feb 2024 08:27
(Sharecast News) - GCP Infra has agreed a new revolving credit facility and cut its total commitment by £40m to £150m.
Tue 20 Feb 2024 08:10
(Sharecast News) - Prominent US investor Davidson Kempner is reportedly among the parties being courted by Superdry's founder as he assembles an offer to take the struggling fashion chain private.
Tue 20 Feb 2024 08:01
(Sharecast News) - Copper miner Antofagasta said on Tuesday that full-year revenues had grown on the back of a more stable price for the metal throughout 2023.
Tue 20 Feb 2024 07:57
(Sharecast News) - Rate-setters in China took decisive steps to bolster its property market on Tuesday, by implementing the first cut in its benchmark five-year loan prime rate since June.
Tue 20 Feb 2024 07:56
(Sharecast News) - Plus500 reported a fall in full-year earnings and revenue on Tuesday, but results were "significantly ahead" of market expectations and the online trading platform announced plans for $175m in shareholder returns.
Tue 20 Feb 2024 07:54
(Sharecast News) - Jefferies upgraded Domino's Pizza Group on Tuesday to 'buy' from 'hold' and lifted the price target to 430p from 410p.
Tue 20 Feb 2024 07:46
(Sharecast News) - Watchdog the Competition and Markets Authority has launched a market study into the supply of infant formula in the UK, after first looking into the market back in November 2023.
Tue 20 Feb 2024 07:44
(Sharecast News) - Annual profits at Australian mining giant BHP slumped after it took a massive hit on its nickel operations and the financial after-effects of the 2015 Samarco dam disaster in Brazil continued to dog the company.
Tue 20 Feb 2024 07:01
(Sharecast News) - Barclays Bank unveiled a swathe of changes on Tuesday, including a structural overhaul of operations, £2bn in cost cuts and a massive increase in shareholder payouts as annual earnings fell by 6%.
Mon 19 Feb 2024 16:10
(Sharecast News) - Investors' focus on Tuesday will be on the People's Bank of China's interest rate decision overnight.
Mon 19 Feb 2024 15:50
(Sharecast News) - The European Union is investigating whether social media platform TikTok has breached online content rules around child safety and whether it encourages addictive behaviour.
Mon 19 Feb 2024 15:43
(Sharecast News) - Phoenix Copper updated the market on the acquisition of equipment for its Empire open-pit mine in Idaho on Monday, along with the refinancing of its short-term loan facility.
Mon 19 Feb 2024 15:40
(Sharecast News) - Oracle Power and its joint venture company Oracle Energy announced the start of an environmental and social impact assessment (ESIA) for their renewable power plant project in Jhimpir, Sindh Province, Pakistan on Monday.
Mon 19 Feb 2024 12:57
(Sharecast News) - The owner of the London Stock Exchange Group is reportedly plotting a multimillion pound pay rise for its chief executive.
Mon 19 Feb 2024 12:56
(Sharecast News) - The company formerly known as Stobart Group could give up control of London's least-busy commercial airport, it emerged on Monday, as part of a possible restructuring with creditors.
Mon 19 Feb 2024 12:17
(Sharecast News) - Analysts at Citi reiterated their 'buy' rating on energy and services company Centrica on Monday following the publication of the group's full-year results.
Mon 19 Feb 2024 12:16
(Sharecast News) - Green fertiliser specialist Atome has raised £1.8m before expenses, it announced on Monday, to expedite its Villetta Project in Paraguay.
Mon 19 Feb 2024 12:12
(Sharecast News) - Supercapacitor design and energy management specialist CAP-XX updated the market on Monday, following the Delaware District Court's ruling on 29 January favouring Maxwell Technologies in a patent infringement lawsuit initiated by CAP-XX.
Mon 19 Feb 2024 12:08
(Sharecast News) - Kefi Gold and Copper unveiled a significant discovery in Saudi Arabia's Hawiah district on Monday, marking the third copper-gold-zinc-silver deposit found in the area by its joint venture Gold & Minerals (GMCO).
Mon 19 Feb 2024 12:03
(Sharecast News) - Trident Royalties announced an agreement with BMO Capital Markets and CIBC on Monday, for a newly-structured $40m revolving credit facility (RCF), with the option to increase its size to $60m through an accordion.
Mon 19 Feb 2024 10:56
(Sharecast News) - Genedrive shares rose on Monday, on the launch of the NICE early value assessment (EVA) evidence generation funding call, backed by the National Institute for Health and Care Research (NIHR).
Mon 19 Feb 2024 10:30
(Sharecast News) - Security and surveillance systems developer Petards Group has received an order from one of the UK's largest police forces.
Mon 19 Feb 2024 10:24
(Sharecast News) - Berenberg lifted its price target on Flutter Entertainment to 18,600p from 17,000p on Monday and reiterated its 'buy' recommendation, as it highlighted strong growth and balance sheet flexibility.
Mon 19 Feb 2024 10:23
(Sharecast News) - Scottish housebuilder Springfield Properties has agreed to dispose of approximately 11.2 acres of land.
Mon 19 Feb 2024 10:16
(Sharecast News) - Data science firm Physiomics has been chosen by the University of Sheffield to support a grant-funded project focused on an insect model of cancer treatment.
Mon 19 Feb 2024 09:35
(Sharecast News) - Polymetal International said on Monday that it has agreed to sell its Russian business to Russian precious metals miner Mangazeya Mining for around $3.69bn.
Mon 19 Feb 2024 09:25
(Sharecast News) - Promotional and brand experience specialist SpaceandPeople revealed on Monday that it had put on a "strong" second-half performance, putting total full-year revenues "slightly above" market expectations.
Mon 19 Feb 2024 08:03
(Sharecast News) - Drugmaker AstraZeneca traded higher early on Monday after revealing that a combination of its cancer drug Tagrisso with chemotherapy had gained US approval to treat a particular type of lung cancer.
Mon 19 Feb 2024 07:44
(Sharecast News) - Moneysupermarket hailed record full-year revenues on Monday following a strong performance from its insurance business.
Mon 19 Feb 2024 07:29
(Sharecast News) - Hipgnosis Songs Fund updated the market on its pursuit of an indemnity from its founder Merck Mercuriadis on Monday, as well as Hipgnosis Songs Management Limited, the investment adviser majority-owned by funds linked to Blackstone.
Mon 19 Feb 2024 07:29
(Sharecast News) - Bank of Georgia said on Monday that it has agreed to buy Armenia's Ameriabank for around $303.6m.
Mon 19 Feb 2024 07:24
(Sharecast News) - Anglo American Platinum said it was starting a restructuring that could affect more than 4,300 jobs due to lower prices, higher costs amid a global economic slowdown.
Mon 19 Feb 2024 07:22
(Sharecast News) - Student accommodation specialist Unite Group announced a joint venture with Newcastle University on Monday, for the development of 2,000 new student beds.
Mon 19 Feb 2024 07:02
(Sharecast News) - Shares in Currys surged more than 35% on Monday after US private equity firm Elliott Advisors and China ecommerce giant JD.com on Monday confirmed they were considering separate bids for struggling British electrical retailer.
Fri 16 Feb 2024 14:35
(Sharecast News) - Podcast producer and distributor Audioboom announced a significant milestone in its audience reach on Friday, achieving record-breaking figures in January, propelled by the continued expansion of its podcast network.
Fri 16 Feb 2024 14:31
(Sharecast News) - Hydrocarbon, helium and hydrogen explorer, developer and producer Mosman Oil and Gas announced a substantial uptick in production at its Stanley project in the United States on Friday.
Fri 16 Feb 2024 14:15
(Sharecast News) - HireRight said on Friday that it has agreed to be bought by General Atlantic and Stone Point Capital after the private equity firms raised their offer for the employee screening company to $1.65bn.
Fri 16 Feb 2024 13:36
(Sharecast News) - Wealth and investment manager Kingswood Holdings announced the acquisition of a new £8.0m unsecured debt facility from funds managed by Pollen Street Capital on Friday.
Fri 16 Feb 2024 13:30
(Sharecast News) - Integrated credit hire and legal services provider Anexo announced a significant victory in the Supreme Court on Friday, marking a pivotal moment in the recovery of contractual liabilities within the realm of non-fault traffic accidents.
Fri 16 Feb 2024 13:24
(Sharecast News) - Caspian Sunrise updated the market on operations at the BNG contract area on Friday, reporting that well 142, a key asset on the MJF structure, had resumed production after more than 12 months.
Fri 16 Feb 2024 13:18
(Sharecast News) - Baron Oil announced on Friday that it had raised a total of £3.26m through a fundraise.
Fri 16 Feb 2024 13:13
(Sharecast News) - Azerbaijan-focussed gold, copper and silver producer Anglo Asian Mining announced the resignation of non-executive director Michael Sununu from the board of Libero Copper & Gold on Friday.
Fri 16 Feb 2024 13:10
(Sharecast News) - Nevada-focussed mineral explorer Golden Metal Resources updated the market on its Kibby North and Kibby South lithium brine properties on Friday.
Fri 16 Feb 2024 13:04
(Sharecast News) - Real estate firm the Conygar Investment Company reported a step forward in the development of The Island Quarter in Nottingham on Friday.
Fri 16 Feb 2024 11:59
(Sharecast News) - Irish building materials group Kingspan posted a jump in profit on Friday even as revenues dipped.
Fri 16 Feb 2024 11:51
(Sharecast News) - Sylvania Platinum released updated mineral resource estimates for its Volspruit Project in South Africa on Friday, situated on the Northern Limb of the Bushveld Complex.
Fri 16 Feb 2024 09:45
(Sharecast News) - French nuclear operator EDF said on Friday it had swung back into the black, boosted by higher electricity prices.
Fri 16 Feb 2024 09:35
(Sharecast News) - Barclays initiated coverage of Dowlais on Friday with an 'overweight' rating and 110p price target.
Fri 16 Feb 2024 09:06
(Sharecast News) - Mining company Petra Diamonds said on Friday that sales had slightly grown in 2024's fourth tender cycle, principally driven by higher prices throughout the period.
Fri 16 Feb 2024 09:00
(Sharecast News) - Oil and gas engineering services business Plexus has won a contract valued in excess of £1.0m to provide specialised equipment and services for multiple plug and abandonment activities in the North Sea.
Fri 16 Feb 2024 08:44
(Sharecast News) - Berenberg slashed its price target on Close Brothers on Friday to 425p from 1,100p as it cut estimates after the merchant bank announced it was scrapping its dividend amid a regulator probe into car financing.
Fri 16 Feb 2024 08:30
(Sharecast News) - Sportswear giant Nike announced plans to reduce its workforce by about 2% overnight, equating to more than 1,600 jobs, as part of a cost-cutting initiative following a year of weaker profits.
Fri 16 Feb 2024 07:46
(Sharecast News) - Power control solutions manufacturer XP Power warned on Friday that full-year revenues would be "significantly below market expectations", sending shares sharply lower in early trading.
Fri 16 Feb 2024 07:21
(Sharecast News) - TBC Bank Group reported significant increases in net interest income, of 26.8%, and net fee and commission income, of 27.8%, in its full-year results on Friday, leading to total operating income of GEL 2.37bn (£0.71bn), up 14.6%.
Fri 16 Feb 2024 07:14
(Sharecast News) - Property firm Segro struck an upbeat tone on Friday, after pre-tax losses narrowed and rental income improved.
Fri 16 Feb 2024 07:03
(Sharecast News) - Scandal-hit NatWest Bank reported a better-than-expected 20% rise in pre-tax profit and confirmed Paul Thwaite as chief executive on a permanent basis.
Thu 15 Feb 2024 15:26
(Sharecast News) - Biome Technologies said on Thursday that its RF Technologies division has secured a contract with a revenue value of £490,000 to supply a second novel induction furnace system ('The System') to a global manufacturer of scientific glass products.
Thu 15 Feb 2024 14:48
(Sharecast News) - Tekcapital announced on Thursday that its autonomous vehicle technology investee Guident had inked a strategic partnership with AuVe Tech, an Estonian company specialising in autonomous transportation systems.
Thu 15 Feb 2024 14:42
(Sharecast News) - Specialist staffing company Gattaca said in a trading update on Thursday that it expected net fee income to have fallen to £18.9m in the first half, making for a 16% year-on-year decrease from £22.5m.
Thu 15 Feb 2024 14:30
(Sharecast News) - Landore Resources announced the outcomes of its 2023 soil sampling initiative on Thursday, carried out adjacent to its flagship BAM Gold Project on the Junior Lake Property in Ontario, Canada.
Thu 15 Feb 2024 14:05
(Sharecast News) - Quadrise announced the signing of a project development agreement (PDA) with renewable biofuels specialist BTG Bioliquids and Euthenia Energy Group on Thursday.
Thu 15 Feb 2024 13:38
(Sharecast News) - Mineral explorer and developer Ariana Resources updated the market on the ongoing due diligence programme concerning the Dokwe Gold Project in Zimbabwe on Thursday, owned by Rockover Holdings.
Thu 15 Feb 2024 13:29
(Sharecast News) - Christie Group said in an update on Thursday that it was poised to announce a stronger trading performance in the second half of 2023 compared to the first half.
Thu 15 Feb 2024 13:27
(Sharecast News) - Investors' focus at the end of the week will shift back towards the inflation picture in the U.S..
Thu 15 Feb 2024 13:22
(Sharecast News) - Sareum announced significant milestones in its phase 1a clinical trial for SDC-1801, its lead programme aimed at addressing autoimmune diseases such as psoriasis, on Thursday.
Thu 15 Feb 2024 13:17
(Sharecast News) - N4 Pharma announced a significant advancement in the development of Nuvec, an innovative delivery system tailored for cancer treatments, gene therapy, and vaccines, on Thursday.
Thu 15 Feb 2024 12:47
(Sharecast News) - Mobile worker software specialist Checkit reported a 16% increase in annual recurring revenue in a trading update on Thursday, to £13.3m for the financial year just ended, meeting expectations.
Thu 15 Feb 2024 11:25
(Sharecast News) - Bank of Georgia confirmed on Thursday that it is in advanced talks with Ameriabank about a potential acquisition of the Armenian bank.
Thu 15 Feb 2024 11:02
(Sharecast News) - Analysts at Berenberg hiked their target price on drugmaker GSK from £16.50 to £18.20 on Thursday, stating the group was moving closer to offsetting losses associated with the expiry of its patent on HIV drug dolutegravir.
Thu 15 Feb 2024 10:47
(Sharecast News) - Swisscom has become the sole party still in discussions with Vodafone Group about its Italian assets, it was reported on Thursday.
Thu 15 Feb 2024 10:18
(Sharecast News) - Exploration and production company Enquest said on Thursday that it had delivered "another good year of operational performance" in 2023, with production averaging 43,812 barrels of oil equivalent per day, in line with the mid-point of guidance.
Thu 15 Feb 2024 09:53
(Sharecast News) - JPMorgan Cazenove struck a cautious note on the outlook for Auto Trader on Thursday as it took a look at the UK automotive retail sector.
Thu 15 Feb 2024 09:40
(Sharecast News) - Aerospace corporation Airbus declared a special dividend on Thursday as it detailed a strong set of full-year results, with order intake and adjusted underlying earnings both increasing in the twelve months ended 31 December.
Thu 15 Feb 2024 09:38
(Sharecast News) - MJ Gleeson posted a slide in half-year profits on Thursday, but flagged "encouraging" signs of improving demand for the rest of the year.
Thu 15 Feb 2024 09:33
(Sharecast News) - RBC Capital Markets upgraded Transact owner IntegraFin Holdings on Thursday to 'outperform' from 'sector perform' and lifted the price target to 330p from 280p.
Thu 15 Feb 2024 09:19
(Sharecast News) - Mining group BHP said on Thursday that it will be hit with two first-half exceptional items totalling £5.3bn.
Thu 15 Feb 2024 09:14
(Sharecast News) - Shares in Renault made strong gains on Thursday after the French carmaker rewarded investors with a large dividend hike.
Thu 15 Feb 2024 09:07
(Sharecast News) - Genus shares tumbled on Thursday as the animal genetics company warned on full-year profits.
Thu 15 Feb 2024 08:38
(Sharecast News) - Motor insurance underwriter Sabre Insurance Group said in a trading update on Thursday that it was set to meet or exceed current market expectations for 2023, having taken swift pricing actions since 2022 to counteract persistent claims inflation.
Thu 15 Feb 2024 08:13
(Sharecast News) - AO World jumped on Thursday, having announced after the close of markets on Thursday that it had the bought intellectual property rights of mobile phone retailer A1 Comms from administration for £2.2m in cash.
Thu 15 Feb 2024 08:05
(Sharecast News) - Woodside Energy Group flagged $1.5bn of exceptional charges on Thursday, the bulk of which relate to its Shenzi oil and gas field.
Thu 15 Feb 2024 08:03
(Sharecast News) - Leisure travel group Jet2 said on Thursday that it was "encouraged" by early bookings for Summer 2024, leading it to "tighten and slightly raise" full-year profit guidance.
Thu 15 Feb 2024 07:49
(Sharecast News) - Independent North Sea oil and gas explorer Ithaca Energy said full year earnings would be in line with guidance.
Thu 15 Feb 2024 07:24
(Sharecast News) - Barclays is considering bidding for Societe Generale's UK private bank, it was reported on Thursday.
Thu 15 Feb 2024 07:22
(Sharecast News) - Citi upgraded B&Q and Castorama owner Kingfisher on Thursday to 'buy' from 'neutral' as it argued the UK housing recovery supports a re-rating.
Thu 15 Feb 2024 07:22
(Sharecast News) - Business information and analytics firm Relx reported a robust full-year performance in its results on Thursday, with revenue rising an underlying 8% to £9.16bn.
Thu 15 Feb 2024 07:14
(Sharecast News) - German banking giant Commerzbank reported its strongest financial performance in 15 years on Thursday, buoyed by a significant increase in net profit driven by high interest rates.
Thu 15 Feb 2024 07:02
(Sharecast News) - British Gas owner Centrica posted a fall in annual profits on the back of "sharply lower" commodity prices.
Wed 14 Feb 2024 15:04
(Sharecast News) - German automotive supplier Continental revealed plans to cut 7,150 jobs worldwide by 2025 on Wednesday.
Wed 14 Feb 2024 14:51
(Sharecast News) - Bradda Head Lithium unveiled findings from a recent gravity survey conducted at its Basin clay project in Arizona on Wednesday.
Wed 14 Feb 2024 14:40
(Sharecast News) - Investors' attention on Thursday will be on the latest economic growth data.
Wed 14 Feb 2024 14:30
(Sharecast News) - Deutsche Bank upgraded Wizz Air to 'hold' from 'sell' on Wednesday and hiked the price target to 2,300p from 1,800p.
Wed 14 Feb 2024 13:24
(Sharecast News) - Uber Technologies announced a share buyback of up to $7bn on Wednesday, sending shares in the ride-hailing app surging.
Wed 14 Feb 2024 13:14
(Sharecast News) - BAE Systems said on Wednesday that it has now received all regulatory approvals necessary for its £4.4bn acquisition of Ball Aerospace from Ball Corporation and that the deal should complete in the coming days.
Wed 14 Feb 2024 12:52
(Sharecast News) - Pre-clinical antibody specialist Fusion Antibodies announced a conditional fundraising of £1.38m before expenses on Wednesday, to help it target mo re industry conferences and customers and generate further supporting data.
Wed 14 Feb 2024 12:45
(Sharecast News) - Cordel Group announced on Tuesday that it had initiated data-as-a-service monitoring for Network Rail High Speed.
Wed 14 Feb 2024 12:40
(Sharecast News) - Europa Oil & Gas announced a significant extension to its PEDL 343 licence on Wednesday, housing the Cloughton gas discovery in the East Midlands.
Wed 14 Feb 2024 12:28
(Sharecast News) - Green fertiliser developer Atome reported significant advancements through its Central America subsidiary National Ammonia Corporation (NAC) on Wednesday, as it worked towards a pivotal green fertiliser initiative in Costa Rica.
Wed 14 Feb 2024 12:22
(Sharecast News) - Conroy Gold unveiled additional positive assay results from its ongoing drilling campaign at the Clay Lake gold target on Wednesday, within the Longford-Down Massif in Ireland.
Wed 14 Feb 2024 11:50
(Sharecast News) - Train drivers at five major railway companies, including Chiltern, c2c, East Midlands, Northern, and TransPennine railways, have extended their strike action for another six months, trade union Aslef announced on Wednesday.
Wed 14 Feb 2024 11:32
(Sharecast News) - Virgin Money said on Wednesday that it has agreed to buy Abrdn's stake in their joint investment platform for £20m.
Wed 14 Feb 2024 11:22
(Sharecast News) - Agronomics reported a net asset value per share of 16.9p in its unaudited interim results on Wednesday, representing a slight decrease from the prior period.
Wed 14 Feb 2024 11:01
(Sharecast News) - Pan African Resources reported a significant increase in net cash from operating activities in its interim results on Wednesday, soaring 134.5% to $27.2m year-on-year.
Wed 14 Feb 2024 10:27
(Sharecast News) - BP has agreed a new joint venture in Egypt with long-standing partner Adnoc, it was confirmed on Wednesday.
Wed 14 Feb 2024 10:21
(Sharecast News) - Eurozone manufacturing rose unexpectedly in December, according to fresh data released on Wednesday, suggesting a revitalisation of industrial output alongside stable employment growth.
Wed 14 Feb 2024 09:38
(Sharecast News) - RBC Capital Markets initiated coverage of discoverIE on Wednesday with a 'sector perform' rating and 760 price target, as it said the growth outlook remains strong, but less differentiated.
Wed 14 Feb 2024 09:17
(Sharecast News) - British American Tobacco and Amazon have been fined a total of €7m by Italy's competition watchdog over "misleading" advertising.
Wed 14 Feb 2024 09:11
(Sharecast News) - Analysts at Canaccord Genuity lowered their target price on chemicals business Synthomer from 350.0p to 300.0p on Wednesday as it effectively pushed out its expectations for the group's recovery by 12 months.
Wed 14 Feb 2024 09:10
(Sharecast News) - Data processing semiconductor technology supplier Ethernity Networks has appointed Ayala Deutsch to the board as the company's new chief financial officer.
Wed 14 Feb 2024 08:35
(Sharecast News) - Business advisory firm FRP Advisory Group reported significant progress in the first nine months of the financial year in a trading update on Wednesday.
Wed 14 Feb 2024 08:12
(Sharecast News) - Dutch brewer Heineken struck a sober tone on Wednesday, after price rises during a "challenging" year hit volumes.
Wed 14 Feb 2024 07:35
(Sharecast News) - Publishing house Bloomsbury said on Wednesday that both revenue and profits had come in "significantly ahead" of upgraded expectations for the year ended 29 February.
Wed 14 Feb 2024 07:29
(Sharecast News) - UK water and waste firm Severn Trent reiterated its full-year outlook on Wednesday.
Wed 14 Feb 2024 07:21
(Sharecast News) - United Utilities reported no significant changes to its financial guidance for the 2024 financial year in an update on Wednesday, despite weather-related challenges.
Wed 14 Feb 2024 07:21
(Sharecast News) - Coca-Cola HBC on Wednesday posted record profits last year driven by surging sales and volumes for sparkling drinks and coffee combined with costs easing in the second half.
Wed 14 Feb 2024 07:13
(Sharecast News) - Vistry said on Wednesday that Countryside Partnerships has entered into a new framework agreement with Sigma Capital Group to deliver 5,000 new homes for Sigma's build-to-rent brand (BTR), Simple Life Homes.
Wed 14 Feb 2024 07:04
(Sharecast News) - UK furniture and homewares chain Dunelm lifted its dividend and declared a special payout after a rise in interim profits and sales amid volatile trading conditions.
Tue 13 Feb 2024 22:10
(Sharecast News) - Inflation concerns will continue to be front and centre on investors' minds in the middle of the week.
Tue 13 Feb 2024 16:13
(Sharecast News) - Capricorn Energy said in an update on Tuesday that, in response to Woodside Energy's recent announcement, it was awaiting the arrival of the floating production, storage and offloading (FPSO) facility for the Sangomar Field development off the coast of Senegal.
Tue 13 Feb 2024 15:27
(Sharecast News) - Homeware company Ultimate Products said in an update on Tuesday that its unaudited revenues in the first half experienced a slight decline of 4% to £84m year-on-year.
Tue 13 Feb 2024 15:16
(Sharecast News) - Belluscura announced a partnership with Sunset HealthCare Solutions, a Chicago-based manufacturer and distributor of home medical equipment, on Tuesday.
Tue 13 Feb 2024 15:11
(Sharecast News) - Future Metals announced the identification of multiple drill targets on Tuesday, spanning an 18-kilometre stretch within the recently-acquired Alice Downs Corridor.
Tue 13 Feb 2024 14:57
(Sharecast News) - West Africa-focussed agriculture company Dekel Agri-Vision released its monthly production update for January on Tuesday, from its Ayenouan palm oil project in Côte d'Ivoire.
Tue 13 Feb 2024 14:20
(Sharecast News) - Gold and copper explorer and developer Kefi updated the market on the progress of its Tulu Kapi Gold Project in Ethiopia on Tuesday.
Tue 13 Feb 2024 14:04
(Sharecast News) - Coca-Cola reported better-than-expected fourth-quarter revenue on Tuesday as it benefited from higher prices and volumes.
Tue 13 Feb 2024 13:52
(Sharecast News) - Foreign exchange and payments specialist Cornerstone FS has received its official authorisation to operate in Canada, it announced on Tuesday.
Tue 13 Feb 2024 13:47
(Sharecast News) - Amaroq Minerals announced the conclusion of its proposed fundraising on Tuesday, which it said was met with overwhelming demand.
Tue 13 Feb 2024 13:45
(Sharecast News) - The Body Shop's UK business collapsed into administration on Tuesday, putting as many as 2,000 jobs at risk.
Tue 13 Feb 2024 12:12
(Sharecast News) - Britain's financial watchdog has started a probe into troubled housing investor Home REIT, the company revealed on Tuesday.
Tue 13 Feb 2024 11:50
(Sharecast News) - Shares in toy giant Hasbro were sliding in premarket trading on Tuesday, after it reported a significant decline in revenue and a mixed performance across its business segments.
Tue 13 Feb 2024 11:44
(Sharecast News) - Shares in Eqtec rallied on Tuesday, after the AIM-listed energy technology firm raised £500,000 through a new strategic investor.
Tue 13 Feb 2024 11:16
(Sharecast News) - Shares in electric vehicle drivetrain technology company Saietta more than halved on Tuesday, after it announced the sale of a production line in Sunderland following its failure to secure a commercial agreement.
Tue 13 Feb 2024 10:33
(Sharecast News) - Shares in French tyre maker Michelin jumped more than 8% on Tuesday after beat profit forecasts with a record 2023 performance and announced a €1bn share buyback.
Tue 13 Feb 2024 10:05
(Sharecast News) - Audio-visual solutions group Mediazest has scored a "substantial new business win" with a "large" UK-based FTSE-listed client.
Tue 13 Feb 2024 09:45
(Sharecast News) - Citi has upgraded its rating on vaccines and drugs blue chip GSK to 'buy' while also boosting its earnings estimates.
Tue 13 Feb 2024 09:31
(Sharecast News) - Upstream company Jadestone Energy said on Tuesday that it was working on a reverse takeover deal that would see it acquire assets owned by Woodside Energy in Australia.
Tue 13 Feb 2024 09:18
(Sharecast News) - US and UK-focused onshore oil explorer Union Jack Oil has signed two further farm-in agreements with Reach Oil & Gas for the Wilzetta Fault oilfields in central Oklahoma, which is thought to have substantial reserves.
Tue 13 Feb 2024 08:05
(Sharecast News) - Oil and gas development company Empyrean has raised £700,000 through a placing of 280.0m new ordinary shares at a price of 0.25p each.
Tue 13 Feb 2024 07:55
(Sharecast News) - Citi has renewed its rating on supermarket giant Tesco with a 'buy', hailing the positive impact of last week's £600m disposal of most of its retail banking business to Barclays.
Tue 13 Feb 2024 07:52
(Sharecast News) - UK luxury car maker Aston Martin Lagonda is in talks with bankers to address a looming debt pile, executive chairman Lawrence Stroll said on Tuesday, with the company's near-term liabilities amounting to around $1.4bn.
Tue 13 Feb 2024 07:52
(Sharecast News) - Parcel delivery group Yodel has been bought by YDLGP - a newly-formed company backed by a consortium of investors including boutique investment bank Solana Partners and the leadership team behind rival - for an undisclosed sum.
Tue 13 Feb 2024 07:36
(Sharecast News) - RBC Capital Markets initiated coverage on construction materials group Breedon on Tuesday with an 'outperform' rating and 575p price target.
Tue 13 Feb 2024 07:29
(Sharecast News) - Life Science REIT announced the full occupancy of building five at Oxford Technology Park (OTP) on Tuesday, encompassing 57,000 square feet, by technology and engineering services provider WAE Technologies.
Tue 13 Feb 2024 07:28
(Sharecast News) - Silchester International Investors has taken a 5% stake in broadcaster ITV, according to a filing late on Monday.
Tue 13 Feb 2024 07:23
(Sharecast News) - The Renewables Infrastructure Group has bought Fig Power, an energy projects developer based in Bristol, for an outlay of £20m over the next two years.
Tue 13 Feb 2024 07:22
(Sharecast News) - Oil and gas group Kistos Holdings has said that its Joutun floating production storage and offloading (FPSO) on its Balder field in Norway is nearly complete and should be producing oil by the end of the year.
Tue 13 Feb 2024 07:01
(Sharecast News) - Travel agency company TUI has registered a positive quarterly underlying profit for the first time after a record performance in the first quarter, as it reiterated its guidance for the full year.
Mon 12 Feb 2024 16:08
(Sharecast News) - Tuesday's focus in financial markets will be on the U.S., where the latest cost-of-living numbers were due to be published.
Mon 12 Feb 2024 14:37
(Sharecast News) - Biopharmaceutical company Poolbeg Pharma announced findings from independent research confirming a substantial market opportunity exceeding $10bn for its drug candidate POLB 001 on Monday, in preventing cancer immunotherapy-induced cytokine release syndrome (CRS) through oral delivery.
Mon 12 Feb 2024 14:28
(Sharecast News) - Tertiary Minerals announced the successful completion of a fundraising on Monday, raising £0.38m before expenses to be used for its exploration activities.
Mon 12 Feb 2024 13:29
(Sharecast News) - Baron Oil updated the market on its operational activities at the TL-SO-19-16 production sharing contract (PSC) on Monday, offshore Timor-Leste.
Mon 12 Feb 2024 13:21
(Sharecast News) - Malvern International said in a trading update on Monday that preliminary unaudited figures suggested a substantial revenue surge in 2023, with revenues climbing 79% to £11.3m.
Mon 12 Feb 2024 13:13
(Sharecast News) - Radiofrequency mesh network specialist CyanConnode announced on Monday that it had secured a significant letter of award from its partner, the JST Group (JST).
Mon 12 Feb 2024 12:59
(Sharecast News) - ValiRx announced the signing of a significant agreement with the University of Dundee and its Drug Discovery Unit (DDU) on Monday.
Mon 12 Feb 2024 12:51
(Sharecast News) - Block Energy announced the start of the farm-out process for Project III on Monday, targeting the development of a gas resource in Georgia.
Mon 12 Feb 2024 12:46
(Sharecast News) - TPXimpact reported a positive performance in the December quarter in a trading update on Monday, aligned with its financial targets for the current financial year.
Mon 12 Feb 2024 12:36
(Sharecast News) - The private equity owners of Shawbrook are reportedly seeking to revive plans for a flotation of the specialist savings and lending bank.
Mon 12 Feb 2024 12:23
(Sharecast News) - Metals One released promising laboratory results on Monday, from its recent diamond drilling campaign at the R1 Hook target within the Rauta 9-11 licence area at the Black Schist Project in Finland.
Mon 12 Feb 2024 12:12
(Sharecast News) - Southern Greenland-focussed gold and energy miner Amaroq Minerals reaffirmed its plans to conduct a placing and subscription to raise £30m on Monday, to expedite its exploration and development activities.
Mon 12 Feb 2024 11:53
(Sharecast News) - ECR Minerals saw shares surged on Monday after the Australia-focused gold miner reported "promising" results from bulk sample testing at the Davey Road site of its Creswick asset
Mon 12 Feb 2024 11:28
(Sharecast News) - US oil and gas company Diamondback Energy said on Monday that it has agreed to buy rival Endeavor Energy Resources in a $26bn deal.
Mon 12 Feb 2024 11:23
(Sharecast News) - Australian bank Macquarie was said to be closing in on a deal to acquire the wholesale arm of British broadband provider TalkTalk.
Mon 12 Feb 2024 10:54
(Sharecast News) - Mining and commodities giant Glencore has announced that it is calling time on its Koniambo Nickel SAS (KNS) mine in New Caledonia after having invested more than $4bn into the project over the past decade without seeing a return.
Mon 12 Feb 2024 10:39
(Sharecast News) - Corcel updated the market on the testing of the Tobias-14 (TO-14) well in Block KON-11 on Monday, located onshore in Angola, where it holds a 20% working interest.
Mon 12 Feb 2024 10:17
(Sharecast News) - Transport systems provider Journeo said on Monday that full-year results were expected to be in line with market expectations, with revenues surging year-on-year.
Mon 12 Feb 2024 09:48
(Sharecast News) - Anglo American and Finnish Minerals Group have signed a memorandum of understanding to work together to explore opportunities to further support Finland's battery strategy.
Mon 12 Feb 2024 09:39
(Sharecast News) - Graphene nanoplatelets producer Directa Plus said on Monday that it had made "strong progress" in 2023, with new contracts across key geographies leading to a marked reduction in underlying losses.
Mon 12 Feb 2024 09:12
(Sharecast News) - Barclays has kept an 'overweight' position on AstraZeneca despite the biopharma group's disappointing annual results last week, saying that the stock's recent underperformance provides an attractive entry point for investors.
Mon 12 Feb 2024 08:39
(Sharecast News) - RBC Capital Markets has reiterated its 'outperform' rating on Smith & Nephew ahead of the medical devices giant's fourth-quarter results later this month, saying it sees upside risk to current estimates.
Mon 12 Feb 2024 07:58
(Sharecast News) - Construction group Galliford Try said on Monday that it secured a position on the new £3.2bn Communities & Housing Investment Consortium (CHIC) newbuild development framework for affordable homes.
Mon 12 Feb 2024 07:45
(Sharecast News) - Sirius Real Estate said on Monday that it has notarised the acquisition of two business parks, one in Köln (Cologne) and the other in Göppingen, for around €40m (£34m).
Mon 12 Feb 2024 07:36
(Sharecast News) - Heathrow has hailed a "smashing" start to the year with nearly six million passengers using the airport in January, but called on the government to reconsider its 2021 decision to abolish tax-free shopping for international visitors.
Mon 12 Feb 2024 07:26
(Sharecast News) - Fraser's Group on Monday said it would start an £80m share buyback up to April 28.
Mon 12 Feb 2024 07:21
(Sharecast News) - GSK announced on Monday that bepirovirsen, an investigational antisense oligonucleotide (ASO) aimed at treating chronic hepatitis B (CHB), had been granted fast track designation by the US Food and Drug Administration (FDA).
Mon 12 Feb 2024 07:19
(Sharecast News) - JPMorgan Cazenove nudged down its price target on Ashmore on Monday and reiterated its 'underweight' rating as it argued that the re-rating has gone too far.
Mon 12 Feb 2024 07:10
(Sharecast News) - Tritax Big Box said it had agreed terms on a possible bid for UK Commercial Property REIT in an all-share deal worth £924m.
Mon 12 Feb 2024 07:02
(Sharecast News) - Travel food outlet operator SSP Group on Monday said it had bought Airport Retail Enterprises in Australia for an undisclosed sum.
Fri 09 Feb 2024 15:17
(Sharecast News) - Entain shot higher on Friday afternoon after its US joint venture with MGM Resorts, BetMGM, struck a partnership with social media platform X to become its exclusive live odds sports betting partner.
Fri 09 Feb 2024 12:58
(Sharecast News) - A potential line was drawn under the long-running Woodford funds scandal on Friday, after a high court judge approved a scheme to return money to investors.
Fri 09 Feb 2024 12:51
(Sharecast News) - Schroders Capital Global Innovation Trust announced an investment of $1.6m (£1.3m) in Neurona Therapeutics, a prominent US-based clinical-stage cell therapy company, on Friday.
Fri 09 Feb 2024 12:39
(Sharecast News) - Symphony Environmental Technologies updated the market on Friday on the judgement of the General Court of the European Union, delivered on 31 January, around an EU directive prohibiting oxo-degradable products that do not properly biodegrade.
Fri 09 Feb 2024 12:32
(Sharecast News) - West Africa and India-focussed gold explorer and developer Panthera Resources announced on Friday that Moydow Holdings has chosen to exercise its exclusive option to acquire the Wuo Land 2 exploration licence, a part of the Cascades Project in Burkina Faso.
Fri 09 Feb 2024 12:26
(Sharecast News) - Intelligent Ultrasound announced a new product on Friday, the portable 'NeedleTrainer Plus' ultrasound-guided needling training simulator, catering to the demands of military field-based hospitals and clinical networks in remote areas.
Fri 09 Feb 2024 12:26
(Sharecast News) - US building and construction materials company Owens Corning said on Friday that it has agreed to buy Masonite, a provider of interior and exterior doors and door systems, in a $3.9bn deal.
Fri 09 Feb 2024 11:52
(Sharecast News) - Belluscura announced on Friday that the all-share offer for the acquisition of TMT Acquisition had gone unconditional.
Fri 09 Feb 2024 11:46
(Sharecast News) - Premier African Minerals announced an update to its Zulu lithium and tantalum project on Friday, with the release of a new SAMREC-compliant mineral resource estimate, replacing the previous estimate issued in June 2017.
Fri 09 Feb 2024 11:35
(Sharecast News) - Shares in PepsiCo came under pressure on Friday after fourth-quarter revenues missed expectations and the US food and beverage giant forecast slower annual growth.
Fri 09 Feb 2024 11:05
(Sharecast News) - Danish medical device group Coloplast saw shares surge over 8% in Copenhagen on Friday after the company delivered high single-digit growth across all areas of the business in the first quarter.
Fri 09 Feb 2024 10:38
(Sharecast News) - Renalytix shares were rocketing on Friday morning, after it announced that the Centers for Medicare and Medicaid Services (CMS) in the US had published a draft local coverage determination (LCD) for its 'KidneyIntelX' and 'kidneyintelX.dkd' testing products, outlining the coverage and pricing for the tests.
Fri 09 Feb 2024 10:36
(Sharecast News) - Shares in Ubisoft Entertainment powered up on Friday after the French gaming firm reported above-forecast quarterly bookings.
Fri 09 Feb 2024 10:32
(Sharecast News) - Kore Potash announced a significant milestone in its potash development on Friday, with the recent delivery of an engineering, procurement and construction (EPC) proposal and draft contract by PowerChina International Group.
Fri 09 Feb 2024 10:26
(Sharecast News) - Bezant Resources updated the market on its Hope and Gorob copper-gold project on Friday, located within EPL 5796 in central Namibia.
Fri 09 Feb 2024 09:45
(Sharecast News) - Shares in Hermes International sparked on Friday after the French luxury goods firm posted strong sales growth and record profitability.
Fri 09 Feb 2024 09:32
(Sharecast News) - Coal mine owner Bens Creek revealed on Friday that chief executive Adam Wilson will step down from the role and said it had arranged a new loan with major shareholder Avani.
Fri 09 Feb 2024 09:13
(Sharecast News) - Deutsche Bank has kept a 'buy' rating for consumer products group Unilever, saying that while risks remain there is still earnings growth potential within the group after a solid 2023 performance.
Fri 09 Feb 2024 09:12
(Sharecast News) - L'Oreal shares slumped on Friday after the cosmetics group posted lower-than-expected fourth-quarter sales.
Fri 09 Feb 2024 08:39
(Sharecast News) - Data processing technology specialist Ethernity Networks announced the appointment of Ilan Tevet as its new vice-president of marketing and business development on Friday.
Fri 09 Feb 2024 08:11
(Sharecast News) - Shore Capital has reiterated a 'buy' recommendation on Barclays after its deal to takeover Tesco Personal Finance for £600m, saying that the stock should double from current levels.
Fri 09 Feb 2024 08:08
(Sharecast News) - Analysts at Berenberg initiated coverage on construction groups Keller and Kier on Friday, taking a positive stance on both stocks.
Fri 09 Feb 2024 08:07
(Sharecast News) - Property services group Kinovo warned on Friday that costs associated with legacy projects had surged as a result of several delays.
Fri 09 Feb 2024 08:05
(Sharecast News) - Legal & General was under the cosh on Friday as Citi cut its 2023 earnings per share estimates and opened a 30-day 'negative catalyst watch' on the shares ahead of full-year results on 6 March.
Fri 09 Feb 2024 07:38
(Sharecast News) - Specialist motor finance and bridging lender S&U warned on Friday that full-year profits were likely to be below expectations as poor consumer confidence, the cost-of-living crisis and continuing high interest rates take their toll.
Fri 09 Feb 2024 07:21
(Sharecast News) - Bellway said in a trading update on Friday that its half-year housing revenue topped £1.25bn, consistent with its projections.
Fri 09 Feb 2024 07:20
(Sharecast News) - Air Astana's stock-market flotation will value the Kazakhstan-based carrier at $847m, the company announced ahead of its initial public offering next week that will see it raise $370m.
Fri 09 Feb 2024 07:03
(Sharecast News) - UK supermarket giant Tesco has sold its most of its retail banking business to Barclays for £600m, the two companies said on Friday.
Thu 08 Feb 2024 15:35
(Sharecast News) - US-listed shares in Arm Holdings surged by more than a half on Thursday in New York after the British semiconductor company reported record revenues for its third quarter, helped by strong demand for AI applications.
Thu 08 Feb 2024 14:35
(Sharecast News) - Ten Lifestyle Group announced a new partnership with Global Travel Collection (GTC), the world's largest collection of international luxury travel agencies, on Thursday.
Thu 08 Feb 2024 14:27
(Sharecast News) - Alien Metals unveiled promising outcomes of a development study on its Hancock Iron Ore Project in Western Australia's Pilbara region on Thursday.
Thu 08 Feb 2024 14:18
(Sharecast News) - Modular housing company Eco Buildings Group announced on Thursday that it had raised £0.83m to help expedite the production of its modular housing units.
Thu 08 Feb 2024 14:07
(Sharecast News) - Golden Metal Resources updated the market on its Pilot Mountain project in Nevada on Thursday, emphasising the potential of its tungsten resource and unveiling new findings around the presence of industrial mineral garnet.
Thu 08 Feb 2024 14:01
(Sharecast News) - Digital media company XLMedia said in a trading update on Thursday that it anticipated meeting market expectations with revenue and adjusted EBITDA for 2023.
Thu 08 Feb 2024 13:56
(Sharecast News) - Xtract Resources updated the market on its copper exploration joint venture in Zambia with Cooperlemon Consultancy (CL) on Thursday, alongside its broader copper exploration strategy in the region.
Thu 08 Feb 2024 13:50
(Sharecast News) - Santander UK has filed a formal complaint with Britain's advertising regulator over a Nationwide campaign which it claims "discredits and denigrates" the high street banking sector.
Thu 08 Feb 2024 13:43
(Sharecast News) - Apollo Global Management posted above-forecast fourth-quarter numbers on Thursday, boosted by strong growth in retirement services.
Thu 08 Feb 2024 13:25
(Sharecast News) - Shares in steel production giant ArcelorMittal gained in Amsterdam after the company pointed to a "more constructive" outlook for the industry following a challenging year in which profits shrunk by 90%.
Thu 08 Feb 2024 12:28
(Sharecast News) - Sondrel shares rocketed on Thursday after the Daily Mail reported that a key part of Elon Musk's Neuralink brain chip was created by the AIM-listed company, which provides "ultra-complex chips" for technology brands.
Thu 08 Feb 2024 12:06
(Sharecast News) - Surface coating specialist Hardide reported a 10% improvement in revenue in its preliminary results on Thursday, to a record £5.5m, driven by robust demand in the oil and gas sector, expanded aerospace work in the fourth quarter, and successful cost inflation recovery through selling prices.
Thu 08 Feb 2024 12:04
(Sharecast News) - Philip Morris International posted below-forecast numbers on Thursday, on the back of higher costs and weaker-than-expected sales of heated tobacco products.
Thu 08 Feb 2024 11:55
(Sharecast News) - Driver monitoring technology company Seeing Machines reported an underlying revenue growth rate of 28% for the first half on Thursday, amounting to $25.6m, excluding one-off Magna exclusivity payments.
Thu 08 Feb 2024 11:51
(Sharecast News) - Food manufacturer Kellogg has put hundreds of British jobs at risk after announcing the planned closure of one of its major UK factories.
Thu 08 Feb 2024 11:17
(Sharecast News) - US data management company Veritas is selling its data protection unit to rival Cohesity, an American data security firm backed by SoftBank, Reuters announced late Wednesday.
Thu 08 Feb 2024 10:51
(Sharecast News) - Analysts at Canaccord Genuity reiterated their 'buy' rating and 450.0p target price on software firm System1 on Thursday following the group's capital markets day event earlier in the week.
Thu 08 Feb 2024 10:40
(Sharecast News) - NatWest Group has named Emma Crystal as the new head of Coutts, the lender confirmed on Thursday.
Thu 08 Feb 2024 10:37
(Sharecast News) - Greatland Gold announced the conclusion of its Western Australian government co-funded drilling programme at the Meadows gold prospect on Thursday, situated within its wholly-owned Ernest Giles project.
Thu 08 Feb 2024 10:33
(Sharecast News) - Packaging company DS Smith surged on Thursday after confirming it has received "a highly preliminary expression of interest" from rival Mondi.
Thu 08 Feb 2024 10:05
(Sharecast News) - Shore Capital has reiterated its 'buy' rating on Compass Group after a first-quarter trading update from the catering giant on Thursday, saying trading is tracking ahead of full-year assumptions.
Thu 08 Feb 2024 09:24
(Sharecast News) - French banking giant Societe Generale reported full-year revenue of €25.1bn in its results on Thursday, down 7.6% year-on-year.
Thu 08 Feb 2024 09:05
(Sharecast News) - Maersk shares sank on Thursday after the shipping giant suspended its share buyback programme as it warned that oversupply and disruption in the Red Sea would impact earnings this year.
Thu 08 Feb 2024 09:04
(Sharecast News) - Life sciences investor Syncona said on Thursday that its net asset value had grown in the three months ended 31 December, driven by a prioritisation of capital allocation across its portfolio to enable the delivery of key inflection points.
Thu 08 Feb 2024 08:34
(Sharecast News) - James Fisher said in an update on Thursday that its underlying trading remained resilient through the second half, aligning with market expectations, as challenges persisted in some areas.
Thu 08 Feb 2024 08:18
(Sharecast News) - Babcock shot higher on Thursday as JPMorgan Cazenove lifted its price target on the shares to 630p from 610p and upped its earnings per share estimates following the company's capital markets day.
Thu 08 Feb 2024 08:01
(Sharecast News) - British American Tobacco said on Thursday that it swung to a full-year loss mainly due to an impairment charge related to its US business.
Thu 08 Feb 2024 07:58
(Sharecast News) - Biopharma titan AstraZeneca delivered a 6% increase in sales in 2023 despite a $3.7bn decline in Covid-19 medicines revenues, as it guided to a strong pick-up in growth this year - though profits came in slightly under analysts' forecasts.
Thu 08 Feb 2024 07:40
(Sharecast News) - Shares in Digital 9 Infrastructure tumbled on Thursday after the Icelandic authorities opened an investigation into the proposed sale of Verne Global.
Thu 08 Feb 2024 07:33
(Sharecast News) - Mining giant Anglo American has said that production volumes in the fourth quarter were down 7% year-on-year as a result of a deliberate slowdown at its South African iron ore operations and weaker ore at the Los Bronces copper mine in Chile.
Thu 08 Feb 2024 07:23
(Sharecast News) - SSE reaffirmed its adjusted earnings per share guidance for 2024 on Thursday, aiming for more than 150p despite facing a series of challenges in its renewables output.
Thu 08 Feb 2024 07:16
(Sharecast News) - Mass beauty business Revolution Beauty Group shares headed south early on Thursday after the group warned investors that full-year revenues would now be lower than previously forecast.
Thu 08 Feb 2024 07:15
(Sharecast News) - Watches of Switzerland reported a dip in third-quarter revenues on Thursday as it said consumers in the UK and Europe were choosing to spend their disposable income on other categories such as fashion and beauty.
Thu 08 Feb 2024 07:13
(Sharecast News) - Catering giant Compass said it delivered a strong start to its financial year with organic revenue growth currently running ahead of full-year guidance.
Thu 08 Feb 2024 07:01
(Sharecast News) - Consumer goods giant Unilever announced a €1.5bn share buyback as it reported a return to volume growth in the final quarter of 2023, although the result was described as "disappointing" by its chief executive.
Wed 07 Feb 2024 15:20
(Sharecast News) - Analysts at Canaccord Genuity lowered their target price on exploration and development firm Deltic Energy from 185.0p to 160.0p on Wednesday following the recent farm-out of 25% of UK licence P2437.
Wed 07 Feb 2024 15:13
(Sharecast News) - Analysts at Berenberg reiterated their 'buy' rating and 870.0p target price on wealth management firm Mattioli Woods on Wednesday following the group's "solid" interim results a day earlier.
Wed 07 Feb 2024 14:13
(Sharecast News) - Anglo American announced on Wednesday that its Minas-Rio iron ore and Barro Alto nickel mines in Brazil had attained the IRMA 75 level of performance.
Wed 07 Feb 2024 14:08
(Sharecast News) - Augmentum Fintech announced on Wednesday that its portfolio company Onfido was in exclusive discussions with potential acquirer Entrust, a US-based trusted payments, identities, and data security specialist.
Wed 07 Feb 2024 13:59
(Sharecast News) - Tanzania-focussed helium explorer Helium One Global announced on Wednesday that it has raised £4.7m ($5.92m) through a company-led placing of 313,333,333 new shares at a price of 1.5p each.
Wed 07 Feb 2024 13:54
(Sharecast News) - Verditek announced on Wednesday that it has reached a preliminary agreement to sell its solar business in a deal involving the establishment of a new company, 'Newco', by the holders of its secured convertible loan notes.
Wed 07 Feb 2024 13:44
(Sharecast News) - Goldplat reported a successful second quarter in Ghana on Wednesday, with an operating profit of £1.82m making for a significant increase from £1,03m in the second quarter of the 2023 financial year.
Wed 07 Feb 2024 13:38
(Sharecast News) - The Barclay family has ramped up efforts to find a buyer for Yodel, the delivery business, it was reported on Wednesday.
Wed 07 Feb 2024 13:23
(Sharecast News) - Early-stage technology investor Tern announced the completion of an additional second closing of tranche one series B funding by Device Authority on Wednesday, in which it held a 35.7% shareholding.
Wed 07 Feb 2024 13:17
(Sharecast News) - Sabien Technology Group announced the installation of its M2G Cloud Connect system at Hampton Court Palace on Wednesday.
Wed 07 Feb 2024 13:13
(Sharecast News) - Natural resources investing company Deltic Energy announced a significant agreement regarding licence P2437 and the Selene Prospect on Wednesday, as it entered into a farm-out deal with Dana Petroleum, transferring a 25% interest in the licence while retaining a 25% non-operated equity interest.
Wed 07 Feb 2024 13:08
(Sharecast News) - Mining company Vast Resources released its fourth quarter production figures for the Baita Plai polymetallic mine in Romania on Wednesday, extracting 24,178 tonnes of material in the period, yielding 562 dry metric tonnes (DMT) of concentrate with a copper concentrate grade of 18%.
Wed 07 Feb 2024 13:06
(Sharecast News) - Ride-hailing and food delivery behemoth Uber Technologies reported a 15% improvement in fourth-quarter revenue on Wednesday, to $9.9bn, beating market expectations for revenue of $9.8bn.
Wed 07 Feb 2024 10:56
(Sharecast News) - GreenRoc Mining said in an update on Wednesday that it expected significant progress following amendments to Greenland's mining laws on 1 January.
Wed 07 Feb 2024 10:52
(Sharecast News) - Software and services firm Pennant International said on Wednesday that it had delivered record gross margins as it returned to an operating profit in 2023.
Wed 07 Feb 2024 10:31
(Sharecast News) - Production company Zinc Media revealed on Wednesday that expects to deliver "a record year" in terms of both revenue and profitability, in line with market expectations
Wed 07 Feb 2024 09:14
(Sharecast News) - TotalEnergies posted a decline in earnings on Wednesday, as oil and gas prices came off record highs.
Wed 07 Feb 2024 09:06
(Sharecast News) - Danish energy giant Ørsted on Wednesday announced job cuts, a dividend suspension and the exit of several offshore markets after it swung to a net loss of more than DKK 20bn (£2.3bn) in 2023.
Wed 07 Feb 2024 08:27
(Sharecast News) - Just Eat Takeaway.com said on Wednesday that it has appointed Mayte Oosterveld as its new chief financial officer.
Wed 07 Feb 2024 08:19
(Sharecast News) - Residential property business Grainger said on Wednesday that it had seen "strong rental growth" in the four months ended 31 January.
Wed 07 Feb 2024 08:05
(Sharecast News) - Media business Future said on Wednesday that year-to-date trading had been "broadly in line with expectations", despite seeing a slowdown in digital advertising revenues and pressure from FX swings.
Wed 07 Feb 2024 08:03
(Sharecast News) - Defence engineering group Babcock has said that it is trading in line with expectations, as it meets with institutional investors and analysts for a capital markets day.
Wed 07 Feb 2024 07:57
(Sharecast News) - Smurfit Kappa posted a drop in full-year earnings and revenue on Wednesday amid a "difficult" demand environment, but said that volumes returned to growth in the fourth quarter.
Wed 07 Feb 2024 07:57
(Sharecast News) - International sales, marketing and support services group DCC said third-quarter operating profit was "modestly ahead" of the prior year, despite a volatile economic environment.
Wed 07 Feb 2024 07:49
(Sharecast News) - Nervous investors pulled billions of dollars from Ashmore Group funds at the end of 2023, the specialist asset manager said on Wednesday.
Wed 07 Feb 2024 07:28
(Sharecast News) - PZ Cussons, the consumer products group behind brands like Carex and Imperial Leather, delivered a profit warning to shareholders on Wednesday and cut its interim dividend by nearly a half as a result of a significant slide in the Nigerian naira in the first half.
Wed 07 Feb 2024 07:27
(Sharecast News) - Sainsbury's announced its 'Next Level Sainsbury's' strategy on Wednesday, aiming to drive profit leverage from sales growth.
Wed 07 Feb 2024 07:19
(Sharecast News) - The stock of Alpha Financial Markets Consulting sunk by over a tenth on Wednesday after the AIM-listed financial consultancy guided to a drop in annual profits due to a "more competitive environment" and a slower-than-expected start to some client projects.
Wed 07 Feb 2024 07:13
(Sharecast News) - Woodside Energy, the Australian oil and gas group with secondary listings in London and New York, has announced it has called off merger talks with smaller peer Santos that would have created an energy giant worth $52bn.
Wed 07 Feb 2024 07:02
(Sharecast News) - Britain's biggest housebuilder Barratt said it had agreed an all-share takeover of smaller rival Redrow valuing the latter at £2.5bn.
Tue 06 Feb 2024 16:41
(Sharecast News) - Bioplastics and radiofrequency company Biome Technologies said in an update on Tuesday that it recorded total revenue of £7m for 2023, meeting market expectations and marking a 13% increase over the prior year's outturn of £6.2m.
Tue 06 Feb 2024 16:34
(Sharecast News) - Power Metal Resources updated the market on its wholly-owned Tati Gold Project on the Tati Greenstone Belt near Francistown, Botswana on Tuesday.
Tue 06 Feb 2024 15:27
(Sharecast News) - HSBC upgraded Sainsbury's to 'buy' from 'hold' on Tuesday and lifted the price target to 310p from 300p as it took a look at European food retail.
Tue 06 Feb 2024 14:37
(Sharecast News) - The market spotlight in the middle of the week will be on speeches from three top Federal Reserve officials.
Tue 06 Feb 2024 13:09
(Sharecast News) - Union Jack Oil announced a farm-in agreement with Reach Oil & Gas Company on Tuesday, granting it a 45% working interest in the upcoming Andrews-1 well, scheduled for drilling in the second quarter.
Tue 06 Feb 2024 12:59
(Sharecast News) - Alumasc reported a 6.4% rise in group revenues in its interim results on Tuesday, to £47.8m, driven by a robust performance in the water management sector, where revenues surged 12% to £22m.
Tue 06 Feb 2024 12:48
(Sharecast News) - Novacyt announced on Tuesday that it had received formal notification from INEX Innovate terminating discussions around the acquisition of Yourgene Health Taiwan.
Tue 06 Feb 2024 12:44
(Sharecast News) - Oracle Power announced the successful completion of a comprehensive technical and commercial feasibility study on Tuesday, conducted by China Electric Power Equipment and Technology (CET), a wholly owned subsidiary of State Grid Corporation of China (SGCC), along with Shanghai Investigation, and Design and Research Institute (SIDRI).
Tue 06 Feb 2024 12:40
(Sharecast News) - Empire Metals announced the appointment of Narelle Marriott as its process development manager on Tuesday, effective from 11 March.
Tue 06 Feb 2024 12:32
(Sharecast News) - Wealth and asset manager Mattioli Woods reported an 8% increase in first-half revenue on Tuesday, reaching £59.1m.
Tue 06 Feb 2024 12:32
(Sharecast News) - Wealth and asset manager Mattioli Woods reported an 8% increase in first-half revenue on Tuesday, reaching £59.1m.
Tue 06 Feb 2024 11:54
(Sharecast News) - Aston Martin Lagonda is reportedly reaching out to candidates to succeed Amedeo Felisa as chief executive officer and become the UK carmaker's fourth CEO in as many years.
Tue 06 Feb 2024 11:34
(Sharecast News) - Berenberg initiated coverage of recruiter SThree on Tuesday with a 'buy' rating and 550p price target, which offers around 30% upside.
Tue 06 Feb 2024 11:10
(Sharecast News) - Scottish housebuilder Springfield Properties has signed a new contract with Highland Housing Alliance for the delivery of affordable housing.
Tue 06 Feb 2024 10:32
(Sharecast News) - Digital media firm XLMedia has struck a commercial partnership with Star Tribune Media, the largest US upper midwest news organisation.
Tue 06 Feb 2024 10:08
(Sharecast News) - Consumer healthcare company Futura said on Tuesday that 2023 had been a "transformational year", with the group generating its first meaningful revenues and laying the foundations for "significant growth acceleration".
Tue 06 Feb 2024 10:07
(Sharecast News) - Shares in German oncology biopharmaceutical specialist MorphoSys were surging on Tuesday morning, after Swiss pharma giant Novartis announced a deal to acquire it overnight.
Tue 06 Feb 2024 09:36
(Sharecast News) - Barclays downgraded Entain on Tuesday to 'equalweight' from 'overweight' and cut the price target to 1,070p from 1,120p, as it said "the recovery is not straightforward".
Tue 06 Feb 2024 09:06
(Sharecast News) - Jefferies has named Flutter Entertainment as its top UK pick in the European gaming sector but has also named London-listed peers 888 Holdings, Entain and Playtech as 'buys'.
Tue 06 Feb 2024 08:25
(Sharecast News) - Business communications and cloud payment specialist PCI-PAL said in an update on Tuesday that revenue in its first half met management expectations, increasing 20% year-on-year to £8.7m.
Tue 06 Feb 2024 08:13
(Sharecast News) - Eurozone retail sales fell 1.1% month-on-month in December, according to European Union statistics agency Eurostat, capping off a tough twelve months for consumers.
Tue 06 Feb 2024 08:12
(Sharecast News) - Shares in American chemicals giant DuPont were bouncing in premarket trading on Tuesday, after the parent company of brands including Kevlar, Tyvek and Styrofoam beat market expectations on profits and raised its dividend.
Tue 06 Feb 2024 07:36
(Sharecast News) - Investment bank UBS posted its second consecutive quarterly loss on Tuesday as costs related to integrating its fallen rival Credit Suisse weighed on the group.
Tue 06 Feb 2024 07:28
(Sharecast News) - Customised electronics maker discoverIE Group held full-year guidance despite a fall in sales for the four months to January 31, as orders showed signs of improvement.
Tue 06 Feb 2024 07:23
(Sharecast News) - GSK reported progress in its trial of a myeloma treatment on Tuesday, as well as regulatory progress around its shingles vaccine in China and its RSV vaccine in the United States.
Tue 06 Feb 2024 07:15
(Sharecast News) - Renishaw has said that higher costs, pay inflation and currency movements hit margins in the first half, leading to a 23% slump in adjusted profits amid challenging market conditions, but said it expected things to pick up in the second half.
Tue 06 Feb 2024 07:12
(Sharecast News) - Banking group Virgin Money UK said it has delivered a first-quarter performance in line with guidance with growth in new accounts, deposits and target lending activities at stable margins.
Tue 06 Feb 2024 07:02
(Sharecast News) - Shares in BP surged on Tuesday as the energy giant announced a $1.75bn share buyback despite a slump in annual profits as oil prices fell during 2023 from the spike caused by Russia's invasion of Ukraine.
Mon 05 Feb 2024 16:17
(Sharecast News) - Trident Royalties said in an update on Monday that its receipts for the December quarter reached $3.2m, representing a 63% increase from the third quarter.
Mon 05 Feb 2024 15:23
(Sharecast News) - Social media group Snap has announced plans to cut a tenth of its global workforce - thought to be around 500 people - as part of a restructuring plan that will cost between $55m and $75m.
Mon 05 Feb 2024 13:55
(Sharecast News) - Societe Generale confirmed on Monday that it plans to cut around 900 jobs at its head office in France as it looks to simplify its operations and improve efficiency.
Mon 05 Feb 2024 13:34
(Sharecast News) - Shares in McDonald's slumped in New York on Monday after the fast-food giant missed analysts' forecasts with its fourth-quarter sales as geopolitical turmoil in the Middle East weighed on results.
Mon 05 Feb 2024 13:20
(Sharecast News) - Novo Holdings, the controlling shareholder of Novo Nordisk, has agreed to buy US drug maker Catalent in a $16.5bn cash deal.
Mon 05 Feb 2024 13:19
(Sharecast News) - T42 IoT Tracking Solutions announced a significant follow-up agreement with a prominent customer for supply chain monitoring on Monday.
Mon 05 Feb 2024 13:17
(Sharecast News) - Independent energy group Parkmead has been provisionally awarded three new offshore blocks by the North Sea Transition Authority (NSTA) in tranche two of the UK's 33rd Licensing Round.
Mon 05 Feb 2024 13:16
(Sharecast News) - Africa-focussed energy company Chariot announced on Monday that it has successfully secured approval for its environmental impact assessment (EIA) from the Unified Regional Investment Committee for the Loukos drilling campaign.
Mon 05 Feb 2024 13:15
(Sharecast News) - Commercial property development and investment lender Vector Capital said in an update on Monday that, despite challenging market conditions in the UK characterised by high interest rates and subdued residential property values, it saw a resilient full-year operational performance.
Mon 05 Feb 2024 13:13
(Sharecast News) - Empire Metals announced the upcoming start of the next phase of exploration activities at the Pitfield Project in Western Australia on Monday.
Mon 05 Feb 2024 12:15
(Sharecast News) - Clean Power Hydrogen announced its achievement of three ISO certifications on Monday - ISO 45001 for occupational health and safety, ISO 14001 for environmental management systems, and ISO 9001 for quality management systems.
Mon 05 Feb 2024 11:41
(Sharecast News) - Tanzania-focussed helium explorer Helium One Global announced significant progress in its latest drilling operation, the Itumbula West-1 well, on Monday.
Mon 05 Feb 2024 11:39
(Sharecast News) - Applied Nutrition, a manufacturer of sports supplements part-owned by JD Sports Fashion, is reportedly beginning preparations for a £1bn London flotation.
Mon 05 Feb 2024 10:59
(Sharecast News) - Serica Energy said in an update on Monday that its pro-forma net production in 2023 averaged 40,121 barrels of oil equivalent per day, including production from the fields owned by Tailwind since 1 January 2023.
Mon 05 Feb 2024 10:52
(Sharecast News) - Boeing's troubled 737 MAX programme was facing production challenges, it emerged over the weekend, as fresh issues were found in a number of fuselages.
Mon 05 Feb 2024 10:24
(Sharecast News) - Mobile-focussed games developer Gaming Realms said on Monday that both revenues and adjusted underlying earnings had risen in 2023, predominately driven by content licensing.
Mon 05 Feb 2024 10:14
(Sharecast News) - Home safety products manufacturer Fireangel Safety Technology warned on Monday that sales were expected to be significantly lower year-on-year as measures taken by the group to manage trading challenges and fight inflationary pressures came at the expense of "a significant reduction in sales volume".
Mon 05 Feb 2024 10:01
(Sharecast News) - Data science company Physiomics said on Monday that it had been awarded a further contract by an existing client.
Mon 05 Feb 2024 09:34
(Sharecast News) - Morgan Stanley upgraded its stance on Land Securities to 'overweight' from 'equalweight' on Monday and reiterated its 'overweight' rating on British Land as it pointed to stabilising property yields.
Mon 05 Feb 2024 09:07
(Sharecast News) - Consumer healthcare company Alliance Pharma has appointed Camillo Pane to the role of chairman to "lead the company through its next strategic phase", focusing on organic growth through marketing and innovation.
Mon 05 Feb 2024 08:19
(Sharecast News) - Online wine retailer Naked Wines has appointed its UK managing director as its new chief executive after the abrupt departure of its former boss last November.
Mon 05 Feb 2024 08:11
(Sharecast News) - Make-up company Revolution Beauty has reached a settlement with co-founder and former chief executive Adam Minto following the delayed publication of its FY22 results and its suspension from trading during his time in the top job.
Mon 05 Feb 2024 07:59
(Sharecast News) - Shares in troubled French technology company Atos plunged by a quarter on Monday as pulled a €720m rights issue and entered talks with lenders.
Mon 05 Feb 2024 07:17
(Sharecast News) - JPMorgan Cazenove cut its price target on Kingfisher on Monday to 180p from 190p as it placed the shares on 'negative catalyst watch' ahead of full-year results on 25 March.
Mon 05 Feb 2024 07:16
(Sharecast News) - Hipgnosis Songs Fund said in an update on Monday that it was looking for indemnity from its founder amid a legal battle with Hipgnosis Music.
Mon 05 Feb 2024 07:05
(Sharecast News) - Spreadbetting and CFD trading group CMC Markets is to cut 200 jobs following a cost-cutting programme expected to save £21m.
Mon 05 Feb 2024 07:03
(Sharecast News) - Telecoms giant Vodafone held full-year guidance as it reported a fall in third-quarter service revenues, driven largely by declines in Germany.
Fri 02 Feb 2024 16:50
(Sharecast News) - Wishbone Gold announced on Friday that it has successfully raised £0.3m in funding from a corporate investor, selling 25 million new shares for 1.2p each.
Fri 02 Feb 2024 16:46
(Sharecast News) - Insurance premium financing specialist Orchard Funding Group updated the market on the guaranteed asset protection (GAP) insurance market on Friday, after a review by the Financial Conduct Authority (FCA).
Fri 02 Feb 2024 16:37
(Sharecast News) - Building, architectural and design service provider Aukett Swanke said in an update on Friday that, based on unaudited management accounts, it recorded a small pre-tax profit for the year ended 30 September, excluding exceptional items related to acquisitions.
Fri 02 Feb 2024 16:30
(Sharecast News) - Independent energy firm Parkmead updated the market on its gas production following the successful start of production from the LDS-01 well in the fourth quarter of 2023.
Fri 02 Feb 2024 15:21
(Sharecast News) - Mosman Oil and Gas had raised £0.3m, it announced on Friday, through the placing of 2,400,000,000 shares.
Fri 02 Feb 2024 13:41
(Sharecast News) - British American Tobacco said on Friday that it has reached a global settlement with Philip Morris International to resolve all ongoing patent infringement litigations between the two related to its heated tobacco and vapour products.
Fri 02 Feb 2024 13:14
(Sharecast News) - BP announced the appointment of Kate Thomson as its new, permanent chief financial officer on Friday, effective immediately.
Fri 02 Feb 2024 12:37
(Sharecast News) - Drinks giant Diageo has reportedly kicked off the search for a new chairman as it grapples with a sharp slowdown in sales in key growth markets.
Fri 02 Feb 2024 12:27
(Sharecast News) - Citi has trimmed its fourth-quarter estimates for BT Group while reiterating its 'buy' rating.
Fri 02 Feb 2024 12:24
(Sharecast News) - Chevron reported fourth-quarter earnings of $2.3bn on Friday, or $1.22 per share on a diluted basis, down from $6.4b and $3.33 per share a year earlier.
Fri 02 Feb 2024 12:16
(Sharecast News) - Pan African Resources reported a substantial increase in headline earnings per share and earnings per share in its first half on Friday, to between 2.14 and 2.3 cents per share, up from 1.52 cents per share for the same period in 2022.
Fri 02 Feb 2024 12:03
(Sharecast News) - UK luxury car maker Jaguar Land Rover posted its highest quarterly profit in six years driven by higher client orders and wholesale revenue.
Fri 02 Feb 2024 11:56
(Sharecast News) - TSB is to cut jobs and close branches as part of a restructuring plan announced by its Spanish parent Banco Sabadell.
Fri 02 Feb 2024 11:56
(Sharecast News) - Barclays upgraded Wizz Air and easyJet on Friday as it cited "positive prospects" for European low-cost carriers.
Fri 02 Feb 2024 10:30
(Sharecast News) - ExxonMobil posted above-forecast earnings on Friday, as increased production helped offset a decline in energy prices.
Fri 02 Feb 2024 09:42
(Sharecast News) - Hutchmed China announced on Friday that Inmagene Biopharmaceuticals has exercised options to licence two drug candidates, IMG-007 and IMG-004, as part of their strategic partnership.
Fri 02 Feb 2024 09:31
(Sharecast News) - Jefferies has upgraded its rating on money transfer specialist Wise to a 'buy' on the back of improving growth prospects.
Fri 02 Feb 2024 09:17
(Sharecast News) - Superdry shares rocketed on Friday after it said chief executive Julian Dunkerton is considering making an offer for the fashion brand and is currently in talks with potential sources of finance.
Fri 02 Feb 2024 08:48
(Sharecast News) - YouGov confirmed its full-year outlook on Friday, despite "challenging" economic conditions weighing on client budgets.
Fri 02 Feb 2024 07:36
(Sharecast News) - Budget airline Ryanair reported a 3% jump in January passenger numbers on Friday, but a dip in the load factor.
Fri 02 Feb 2024 07:24
(Sharecast News) - Octopus Renewables Infrastructure Trust said it bought four newly-constructed solar farms located close to Dublin, Ireland for €160m.
Fri 02 Feb 2024 07:23
(Sharecast News) - Hikma Pharmaceuticals announced an agreement in principle to address the majority of opioid-related claims filed against it by various US states, local communities and tribal nations on Friday.
Fri 02 Feb 2024 07:20
(Sharecast News) - Apax Global Alpha has invested €21.5m in trends forecaster WGSN, the closed-ended investment company confirmed on Friday.
Fri 02 Feb 2024 07:08
(Sharecast News) - Shares in Wizz Air surged on Friday as the low-cost airline reinstated routes to the Middle East and reported a 14.2% rise in January passenger numbers but load factor fell due to the conflict in Gaza and an increase in one-way traffic.
Thu 01 Feb 2024 16:42
(Sharecast News) - All eyes at the end of the week will be on the U.S. jobs market as the Department of Labor publishes the January employment report.
Thu 01 Feb 2024 16:27
(Sharecast News) - Preclinical antibody discovery specialist Fusion Antibodies announced the successful receipt of a research and development tax credit from HMRC on Thursday.
Thu 01 Feb 2024 16:23
(Sharecast News) - Venture Life said in an update on Thursday that it achieved full-year revenue of £51m in 2023, making for 16% year-on-year growth.
Thu 01 Feb 2024 15:55
(Sharecast News) - Integrated credit hire and legal services provider Anexo said in an update on Thursday that a three-day consolidated hearing took place in the High Court last week to address the case management of all diesel emissions cases.
Thu 01 Feb 2024 15:50
(Sharecast News) - Galileo Resources unveiled two additional copper targets within the Kalahari Copper Belt on Thursday, following the recent discovery of three targets on PL253/2028.
Thu 01 Feb 2024 12:54
(Sharecast News) - Arkle Resources released the results of its December drilling programme at the Inishowen gold prospect on Thursday, reporting promising grades of gold, with the strike length of the structure extending further.
Thu 01 Feb 2024 12:46
(Sharecast News) - Scientific instrument investor Judges Scientific announced the successful acquisition of Luciol Instruments on Thursday, by its subsidiary PE Fiberoptics (PFO).
Thu 01 Feb 2024 12:26
(Sharecast News) - Cosmetics company Warpaint London has renewed its contract with Ward & Hagon, it announced on Thursday, effective from 1 January and spanning 24 months, with an option for continued partnership under the same terms and a mutually agreed six-month notice period.
Thu 01 Feb 2024 12:21
(Sharecast News) - Adidas has forecast a jump in full-year profits, as it continues to draw a line under its Yeezy partnership with controversial rapper Kanye West.
Thu 01 Feb 2024 12:03
(Sharecast News) - Serica Energy announced a significant leadership change on Thursday, with Mitch Flegg set to step down from his role as chief executive officer and director.
Thu 01 Feb 2024 11:54
(Sharecast News) - Professional services firm JTC described a successful year in a trading update on Thursday, achieving its 'Galaxy' goal of doubling its business two years earlier than originally projected, although its margins were set to be at the lower end of expectations.
Thu 01 Feb 2024 11:12
(Sharecast News) - German banking giant Deustche Bank has declared a €1.6bn capital return to shareholders as it unveiled measures to cut 3,500 jobs in its ongoing restructuring programme.
Thu 01 Feb 2024 10:54
(Sharecast News) - Property portal Rightmove said on Thursday that it has agreed to buy HomeViews for £8m in cash.
Thu 01 Feb 2024 10:30
(Sharecast News) - BNP Paribas tumbled on Thursday after its fourth-quarter profits missed estimated, as it struck a cautious note on the outlook.
Thu 01 Feb 2024 10:13
(Sharecast News) - Berenberg upgraded Marshalls on Thursday to 'buy' from 'hold' and lifted the price target to 420p from 320p.
Thu 01 Feb 2024 09:53
(Sharecast News) - Shares of Pets at Home were under selling pressure on Thursday after analysts at Berenberg cut their rating on the stock from 'buy' to 'hold' and slashed their target price by nearly 10%.
Thu 01 Feb 2024 09:46
(Sharecast News) - Barclays downgraded Next on Thursday to 'equalweight' from 'overweight' but lifted the price target to 8,500p from 8,250p, as it said the valuation is now reasonable.
Thu 01 Feb 2024 09:33
(Sharecast News) - Volvo shares surged on Thursday after the Swedish company said it was axing funding for electric vehicle maker Polestar Automotive and handing over to China's Geely.
Thu 01 Feb 2024 09:12
(Sharecast News) - Rank Group reiterated its full-year outlook on Thursday, after a jump in interim revenues helped it swing back into the black.
Thu 01 Feb 2024 09:11
(Sharecast News) - GSK announced on Thursday that it had reached a confidential settlement to effectively resolve the legal case over Zantac filed in a California state court.
Thu 01 Feb 2024 08:09
(Sharecast News) - UK savings and retirement business Phoenix Group said it was able to achieve its 2025 growth target two years early after a strong performance in 2023 with new business net fund flows up 80%.
Thu 01 Feb 2024 07:58
(Sharecast News) - JPMorgan Cazenove upgraded easyJet on Thursday to 'overweight' from 'neutral' as it took a look at European airlines.
Thu 01 Feb 2024 07:40
(Sharecast News) - London-headquartered private equity and infrastructure firm 3i Group reported an 8% increase in net asset value (NAV) over the third quarter and an "excellent" result from Europe-focused non-food discounter Action.
Thu 01 Feb 2024 07:39
(Sharecast News) - Glencore reported a fall in production but reiterated annual trading profits and the commodities company would come in above its long-term guidance.
Thu 01 Feb 2024 07:26
(Sharecast News) - Shell reported a 93% fall in income attributable to shareholders in its fourth quarter on Thursday, to $474m, with the full-year figure sliding 54% to $19.36bn.
Thu 01 Feb 2024 07:21
(Sharecast News) - Africa-focused telecoms group Airtel Africa said it intends to launch a share buyback worth up to $100m after a strong underlying performance in the third quarter, though currency movements weighed heavily on growth.
Thu 01 Feb 2024 07:18
(Sharecast News) - Irn Bru maker AG Barr said on Thursday that full-year profit was set to be "slightly ahead" of previous market expectations after a strong performance in the second half.
Thu 01 Feb 2024 07:18
(Sharecast News) - Vanquis Banking Group said in an update on Thursday that its performance remained in line with management expectations since its third-quarter trading update on 17 October.
Thu 01 Feb 2024 07:01
(Sharecast News) - BT Group reiterated annual guidance as it reported flat adjusted earnings for the third quarter and a rise in revenues driven by higher prices.
Wed 31 Jan 2024 16:18
(Sharecast News) - Oil and gas engineering service company Plexus Holdings updated the market on the 1,550,000 convertible loan notes issued in October 2022 on Wednesday, having repaid a large portion of them.
Wed 31 Jan 2024 16:13
(Sharecast News) - Synergia Energy updated the market on the progress of the Cambay PSC farm-out process on Wednesday, reporting that it was currently engaged in meetings in India with a prospective partner.
Wed 31 Jan 2024 16:05
(Sharecast News) - Publishing and media software and service provider Ingenta said in an update on Wednesday that it expected to report revenue of £10.8m for 2023, reflecting 3% growth year-on-year.
Wed 31 Jan 2024 15:58
(Sharecast News) - Serabi Gold announced the renewal of its trial mining licence for the Coringa mine on Wednesday.
Wed 31 Jan 2024 15:51
(Sharecast News) - Software company Skillcast Group reported a year of robust growth in annualised recurring revenue (ARR) in an update on Wednesday.
Wed 31 Jan 2024 14:12
(Sharecast News) - Customer experience and data software specialist DotDigital reported first-half revenue of £38.7m in an update on Wednesday, marking a 15% increase compared to the first six months of the 2023 financial year.
Wed 31 Jan 2024 14:10
(Sharecast News) - UK banking group NatWest has reportedly hired the services of a headhunter to find a permanent replacement for former chief executive Dame Alison Rose, who left the company abruptly last year as part of the Nigel Farage debanking scandal.
Wed 31 Jan 2024 14:05
(Sharecast News) - South Africa-focussed Sylvania Platinum reported in an update on Wednesday that its Sylvania Dump Operations (SDO) produced 18,232 4E platinum group metal (PGM) ounces in its second quarter.
Wed 31 Jan 2024 13:33
(Sharecast News) - All eyes in the first trading session of February will be on the Bank of England.
Wed 31 Jan 2024 13:11
(Sharecast News) - Troubled aerospace giant Boeing topped market expectations on fourth quarter losses on Wednesday, but declined to offer guidance for 2024 as it grappled with safety issues with its 737 MAX-9 narrowbody.
Wed 31 Jan 2024 12:23
(Sharecast News) - Universal Music is gearing up to pull millions of its songs from social media platform TikTok after a breakdown in talks over payments.
Wed 31 Jan 2024 12:08
(Sharecast News) - Shares in Paramount Global soared on Wednesday, after it emerged Allen Media Group had submitted a multi-billion dollar bid for the US giant.
Wed 31 Jan 2024 11:52
(Sharecast News) - Somero Enterprises reported a strong financial performance for 2023 in an update on Wednesday, pencilling in full-year revenue of $120.7m, in line with market expectations.
Wed 31 Jan 2024 10:42
(Sharecast News) - Jefferies has adjusted its ratings on stocks across in a review of the UK-listed capital goods sector, which included upgrades of Elementis, XP Power and Spirax-Sarco Engineering.
Wed 31 Jan 2024 10:34
(Sharecast News) - RBC Capital Markets nudged its price target on Alliance Pharma down to 60p from 65p on Wednesday as it said it was rebasing its forecasts as trading normalises.
Wed 31 Jan 2024 09:51
(Sharecast News) - The Cigna Group said on Wednesday that it has agreed to sell its Medicare business to Health Care Service Corporation (HCSC) for around $3.7bn.
Wed 31 Jan 2024 09:48
(Sharecast News) - Denmark's Novo Nordisk reported better-than-expected sales and earnings on Wednesday, on the back of surging demand for blockbuster weight-loss treatment Wegovy.
Wed 31 Jan 2024 09:02
(Sharecast News) - Commercial flooring manufacturer and distributor James Halstead has said it expects profits to grow by up to a fifth in the first half despite some challenging conditions.
Wed 31 Jan 2024 08:30
(Sharecast News) - Shares in ITM Power surged on Wednesday after the energy storage and clean fuel company impressed with its interim results and improved its full-year guidance.
Wed 31 Jan 2024 08:06
(Sharecast News) - Iliad said on Wednesday that Vodafone had rejected its revised offer to merge the two companies' Italian businesses.
Wed 31 Jan 2024 07:55
(Sharecast News) - Newspaper and magazine distributor Smiths News said on Wednesday that trading for the year to the end of August 2024 remains in line with market expectations.
Wed 31 Jan 2024 07:54
(Sharecast News) - Citi has raised its target price for Antofagasta and reiterated an 'buy' rating after the copper miner approved a $4.4bn expansion of its Centinela mine in Chile.
Wed 31 Jan 2024 07:53
(Sharecast News) - H&M on Wednesday said its brand head Daniel Erver would be elevated to chief executive with immediate effect as the struggling Swedish fashion retailer looked for a way to boost sales.
Wed 31 Jan 2024 07:40
(Sharecast News) - Kurdistan-focussed energy company Gulf Keystone Petroleum said in an update on Wednesday that its gross average production for 2023 decreased to 21,891 barrels of oil per day, from 44,202 daily barrels in the prior year, due to export suspensions.
Wed 31 Jan 2024 07:16
(Sharecast News) - UK house prices rose more than expected in January as mortgage rates trended lower, according to figures released on Wednesday by Nationwide.
Wed 31 Jan 2024 07:16
(Sharecast News) - GSK reported a robust performance for 2023 on Wednesday, backed by broad-based growth across its segments, as it also revised its growth projections for the future.
Wed 31 Jan 2024 07:06
(Sharecast News) - De Beers, the diamond division of mining giant Anglo American, has reported encouraging further signs of stabilisation in the diamond market after a big jump in revenues from its first sales tender of the new financial year.
Wed 31 Jan 2024 07:02
(Sharecast News) - Professional IT services provider FDM Group said it expected annual revenues to be flat, confirming the warning it issued in November about the hit from geopolitical uncertainties and clients deferring project decisions.
Tue 30 Jan 2024 16:20
(Sharecast News) - Lexington Gold updated the market on its 2023-2024 drilling programme at the Bothaville Project in South Africa's Witwatersrand Gold Basin on Tuesday.
Tue 30 Jan 2024 16:06
(Sharecast News) - Technology training firm Northcoders said in a trading update on Tuesday that its performance in 2023 aligned with revised market forecasts.
Tue 30 Jan 2024 14:35
(Sharecast News) - Investors' focus on Wednesday would be squarely on the U.S. central bank's most recent policy decision.
Tue 30 Jan 2024 14:29
(Sharecast News) - Morrisons said on Tuesday that it has agreed to sell 337 petrol forecourts to Motor Fuel Group for £2.5bn.
Tue 30 Jan 2024 13:22
(Sharecast News) - Carnival's annual earnings will take a hit as the cruise line giant is forced to re-route ships that were due to transit the Red Sea up to May this year, the company said on Tuesday, but said strong bookings would offset the impact over the year.
Tue 30 Jan 2024 13:08
(Sharecast News) - Digital location and identity software specialist GB Group announced on Tuesday that Dev Dhiman had now started as its new chief executive officer, following a successful transition period.
Tue 30 Jan 2024 12:54
(Sharecast News) - IMI said on Tuesday that Jamie Pike will be appointed as chair with effect from 1 January 2025, with current chair Lord Smith of Kelvin due to step down at the end of this year.
Tue 30 Jan 2024 12:40
(Sharecast News) - Financial technology and support service specialist Fintel described a resilient full-year performance in a trading update on Tuesday, with results expected to meet its expectations.
Tue 30 Jan 2024 12:33
(Sharecast News) - Pharmaceutical and medical technology service company Uniphar said in an update on Tuesday that its performance in 2023 met its own expectations in terms of gross profit and EBITDA, while also achieving normalised free cash flow conversion in line with medium-term guidance.
Tue 30 Jan 2024 12:28
(Sharecast News) - Infrastructure engineering service provider Renew Holdings said in an update on Tuesday that in the first quarter of its new financial year, it maintained the positive trading momentum seen in 2023, aligning with the board's expectations.
Tue 30 Jan 2024 12:24
(Sharecast News) - General Motors beat market forecasts with its latest figures on Tuesday, as it reported revenue of $43bn in its fourth quarter, with net income attributable to stockholders of $2.1bn and adjusted EBIT of $1.8bn.
Tue 30 Jan 2024 12:02
(Sharecast News) - Pharmaceutical giant Pfizer reported better-than-expected quarterly earnings on Tuesday, driven by its cost-cutting programme aimed at an eventual return to profitability.
Tue 30 Jan 2024 11:45
(Sharecast News) - UPS shares were falling sharply on Tuesday after the transport and logistics giant missed forecasts with its fourth-quarter results and underwhelmed with guidance for 2024, as well as announcing the removal of 12,000 jobs.
Tue 30 Jan 2024 10:26
(Sharecast News) - JPMorgan Cazenove reiterated its 'overweight' rating on Ashtead on Tuesday and hiked its price target to 6,800p from 5,600p as it argued the risk/reward is now attractive.
Tue 30 Jan 2024 10:08
(Sharecast News) - Science, technology, engineering and mathematics (STEM) specialist recruiter SThree reported revenue of £1.663bn in its final results on Tuesday, marking a 1% increase.
Tue 30 Jan 2024 09:51
(Sharecast News) - Berenberg has highlighted Auction Technology Group (ATG), Moneysupermarket.com and Trainline as potential M&A candidates as part of its review of the UK-listed technology, media, and telecom (TMT) sector.
Tue 30 Jan 2024 09:44
(Sharecast News) - Deliveroo slumped on Tuesday after Delivery Hero sold its entire 4.5% stake in the company in a placing.
Tue 30 Jan 2024 08:56
(Sharecast News) - Synthomer, the specialised chemical products group, has confirmed that both revenues and profits fell in 2023 but strong cash generation meant that net debt was lower than expected.
Tue 30 Jan 2024 08:55
(Sharecast News) - Waste-to-product company Renewi lowered its full-year expectations in an update on Tuesday, after its performance in the third quarter reflected persisting challenges in some key markets, partly offset by progress in its margin improvement initiatives.
Tue 30 Jan 2024 08:54
(Sharecast News) - Tools and equipment hire services firm Speedy Hire tanked on Tuesday as it warned on profits.
Tue 30 Jan 2024 08:14
(Sharecast News) - Software company Kainos jumped on Tuesday as Berenberg re-initiated coverage of the shares with a 'buy' rating and 1,315p price target, citing an attractive entry point.
Tue 30 Jan 2024 08:11
(Sharecast News) - Shares in Hapag-Lloyd fell sharply on Tuesday as the shipping giant reported a 92% fall in fourth-quarter earnings as it felt the impact of attacks on commercial vessels by Iran-backed Houthi militants in the Red Sea.
Tue 30 Jan 2024 08:03
(Sharecast News) - Natural gas group Diversified Energy Company (DEC) said it expect to deliver record profits above consensus forecasts for 2023 despite a "challenging" commodity price environment as production increased to an all-time high.
Tue 30 Jan 2024 07:52
(Sharecast News) - Saga said on Tuesday that it expects full-year underlying pre-tax profit to more than double on the previous year as it hailed an "outstanding" year for the cruise and travel businesses.
Tue 30 Jan 2024 07:27
(Sharecast News) - Infrastructure products group Hill & Smith has group president Hooman Caman Javvi as its new chief operating officer.
Tue 30 Jan 2024 07:27
(Sharecast News) - HSBC bank has been fined £57.4m by the Bank of England after admitting serious failings in protecting customer deposits.
Tue 30 Jan 2024 07:23
(Sharecast News) - Pets at Home cut its full-year profit outlook on Tuesday after a weaker-than-expected performance at its retail business in the third quarter.
Tue 30 Jan 2024 07:22
(Sharecast News) - Advertising giant WPP said in an update on Tuesday that it expected its 2023 results to align with earlier guidance.
Tue 30 Jan 2024 07:22
(Sharecast News) - Shares in Auction Technology Group soared by a fifth as the art and antique online marketplace operator said it expected annual results to be in line with expectations after an 11% increase in revenue for the first three months of the year.
Tue 30 Jan 2024 07:22
(Sharecast News) - The eurozone and European Union managed to avoid a technical recession after official flash estimates showed the economy flatlined in the last three months of 2023.
Tue 30 Jan 2024 07:06
(Sharecast News) - First-half profits at Diageo fell by more than a tenth as weakness in the Latin American and Caribbean (LAC) regions persisted, but the drinks giant pointed to improving trading conditions in the latter part of the financial year.
Tue 30 Jan 2024 07:02
(Sharecast News) - Travel food outlet operator SSP Group on Tuesday held full-year guidance after a strong rise in first-quarter sales as rail and air passenger numbers continued to recover after the Covid pandemic.
Mon 29 Jan 2024 22:43
(Sharecast News) - The market spotlight on Tuesday will be on U.K. consumer credit and money supply growth data covering the month of December.
Mon 29 Jan 2024 17:19
(Sharecast News) - Falcon Oil announced the start of the 30-day initial production (IP30) testing at the Shenandoah South 1H (SS1H) well in EP117 on Monday.
Mon 29 Jan 2024 17:18
(Sharecast News) - Conroy Gold released assay results from scout drill holes conducted on four gold targets in its exploration areas on Monday.
Mon 29 Jan 2024 17:17
(Sharecast News) - Serabi Gold said in an update on Monday that in the fourth quarter of 2023, it achieved gold production of 7,891 ounces, and for the entire year, it recorded gold production of 33,153 ounces, marking a 4.2% year-on-year improvement.
Mon 29 Jan 2024 15:46
(Sharecast News) - Paddy Power owner Flutter Entertainment said on Monday that it plans to move its primary listing to the US, as it began trading on the New York Stock Exchange.
Mon 29 Jan 2024 15:18
(Sharecast News) - European Metals Holdings announced the extension of all four Cinovec exploration licences on Monday, until 31 December 2026.
Mon 29 Jan 2024 14:09
(Sharecast News) - Hospitality operator Loungers announced the opening of its 250th site on Monday, with the Pionero Lounge in Rochdale being described as a milestone as it continued its expansion across the UK.
Mon 29 Jan 2024 14:03
(Sharecast News) - Team Internet Group said in a trading update on Monday that it anticipated reporting record-breaking gross revenue of $835m for 2023, making for a 15% increase compared to the prior year.
Mon 29 Jan 2024 13:46
(Sharecast News) - Jefferies upgraded testing, inspection and certification group Intertek on Monday to 'buy' from 'hold' and hiked the price target to 5,300p from 4,300p.
Mon 29 Jan 2024 12:53
(Sharecast News) - Accesso Technology Group said in a trading update on Monday that, despite making significant investments in next-generation products, it anticipated achieving cash EBITDA in line with expectations for the full-year, with a margin of no less than 15%.
Mon 29 Jan 2024 12:48
(Sharecast News) - Cohort announced on Monday that its SEA subsidiary has secured a significant £15.1m contract for the production of its lightweight Torpedo Launch Systems (TLS), as part of a major naval vessel program.
Mon 29 Jan 2024 12:27
(Sharecast News) - Inchcape confirmed on Monday that it is reviewing strategic options for its UK retail business, which could potentially include a sale, following approaches from a number of interested parties.
Mon 29 Jan 2024 11:43
(Sharecast News) - Big Technologies responded to fresh press speculation on Monday, as it grappled with a legal battle in response to claims made by former shareholders of Buddi.
Mon 29 Jan 2024 10:51
(Sharecast News) - Consumer healthcare group Alliance Pharma has said that 2023 results will be in line with market expectations but said that profits are unlikely to grow this year due to increased investment in sales and marketing.
Mon 29 Jan 2024 10:24
(Sharecast News) - Safestay said on Monday that full-year trading was set to be "comfortably in line" with market expectations.
Mon 29 Jan 2024 09:57
(Sharecast News) - Bermuda-based reinsurer Conduit Holdings Limited (CHL) has revealed that 2023 income will be ahead of market estimates due to a positive revaluation of investments.
Mon 29 Jan 2024 09:18
(Sharecast News) - The UK government announced a ban on disposable vapes overnight on Monday, as part of its efforts to combat the increasing trend of youth vaping and ensure children's wellbeing, sending shares in Chill Brands and Supreme southwards.
Mon 29 Jan 2024 08:40
(Sharecast News) - Berenberg has upgraded its rating for engineering group IMI from 'hold' to 'buy', but has named peer Rotork as its top pick in the sector.
Mon 29 Jan 2024 08:13
(Sharecast News) - RBC Capital Markets downgraded B&Q and Castorama owner Kingfisher on Monday to 'sector perform' from 'outperform'.
Mon 29 Jan 2024 07:58
(Sharecast News) - Eyewear manufacturer Inspecs on Monday warned fill-year results would be below expectations after softer trading conditions in December.
Mon 29 Jan 2024 07:51
(Sharecast News) - Air Astana, the flag carrier of Kazakhstan part-owned by BAE Systems that is applying for a dual listing in London and Almaty next month, has set a price for its IPO which is expected raise gross proceeds of $120m.
Mon 29 Jan 2024 07:47
(Sharecast News) - Superdry said on Monday that it is working with advisers on cost-saving options.
Mon 29 Jan 2024 07:47
(Sharecast News) - Ryanair cut its full-year profit forecast on Monday as it posted a 93% decline in third-quarter net profit, as higher fuel costs offset revenue gains and after its flights were removed from online travel agents.
Mon 29 Jan 2024 07:30
(Sharecast News) - A Hong Kong court has ordered the liquidation of the world's most indebted company, embattled Chinese property developer Evergrande.
Mon 29 Jan 2024 07:22
(Sharecast News) - Tritax Big Box reported a resilient occupational market in a full-year update on Monday, recovering to pre-Covid levels, along with a stabilisation in investment yields.
Mon 29 Jan 2024 07:17
(Sharecast News) - Closed-ended infrastructure investment company GCP Infrastructure reported on Monday that its portfolio value was more or less unchanged over its fiscal first quarter.
Mon 29 Jan 2024 07:07
(Sharecast News) - Biopharma giant GSK has been given the green light by European regulators to sell Omjjara, its treatment for patients with a rare type of blood cancer.
Mon 29 Jan 2024 07:03
(Sharecast News) - Iron ore pellet producer Ferrexpo said a Ukraine's court of appeal has confirmed a claim against it for around $125m as part of the long-running court case against its largest shareholder.
Fri 26 Jan 2024 16:32
(Sharecast News) - Walk-through security technology specialist Thruvision reported strong order flow in a trading update on Friday, across a number of geographic markets with both new and existing customers.
Fri 26 Jan 2024 16:28
(Sharecast News) - Shares in plastic products manufacturer Coral Products were sliding on Friday, after it described a challenging trading period during December and January in an update.
Fri 26 Jan 2024 16:23
(Sharecast News) - Orosur Mining updated the market on its second quarter on Friday, reporting that in Colombia, exploration activities were scaled back as it primarily focussed on regulatory compliance work.
Fri 26 Jan 2024 16:04
(Sharecast News) - SkinBioTherapeutics announced on Friday that it has finalised the acquisition of Dermatonics, known for its topical and dermatological products within the skincare and wound care sector.
Fri 26 Jan 2024 16:00
(Sharecast News) - Global Petroleum announced a development in its efforts to explore energy opportunities in the East Mediterranean on Friday, as it entered into a partnership agreement with Cynergy East Med.
Fri 26 Jan 2024 15:56
(Sharecast News) - Automotive interior component designer, developer and supplier CT Automotive said in a trading update on Friday that it returned to profitability during the 2023 financial year.
Fri 26 Jan 2024 15:47
(Sharecast News) - Arkle Resources announced significant findings from its recent prospecting activities in the Aughrim block in Ireland on Friday.
Fri 26 Jan 2024 15:13
(Sharecast News) - Shares in Serco fell on Friday after a report that American Industrial Partners (AIP) contacted the UK government contractor about a potential bid for the company.
Fri 26 Jan 2024 14:20
(Sharecast News) - American Express forecast better-than-expected 2024 earnings on Friday, as its posted record full-year revenues.
Fri 26 Jan 2024 14:04
(Sharecast News) - Spirit Airlines tanked on Friday after JetBlue said their merger deal might need to be terminated.
Fri 26 Jan 2024 13:52
(Sharecast News) - Tesco and Sainsbury's were in the red on Friday after JPMorgan Cazenove cut its price targets on the shares, saying it remains cautious on the UK grocery space fundamentally, which based on its investor feedback "appears still to be a contrarian stance".
Fri 26 Jan 2024 12:06
(Sharecast News) - Shares in Remy Cointreau jumped on Friday, after the drinks group toasted better-than-expected trading in the third quarter.
Fri 26 Jan 2024 11:43
(Sharecast News) - Digital learning and talent management specialist Learning Technologies Group said in an update on Friday that it anticipated group revenues from continuing operations for the year would be at least £560m, consistent with consensus expectations for the year.
Fri 26 Jan 2024 11:43
(Sharecast News) - Digital learning and talent management specialist Learning Technologies Group said in an update on Friday that it anticipated group revenues from continuing operations for the year would be at least £560m, consistent with consensus expectations for the year.
Fri 26 Jan 2024 10:47
(Sharecast News) - Shares in biopharma giant GSK were rising on Friday, helped by forecast upgrades from Citi, which raised its target price on the stock from 1,535p to 1,700p.
Fri 26 Jan 2024 10:40
(Sharecast News) - Elon Musk's xAI is reportedly in talks to raise up to $6bn, as the Tesla and X chief looks to global investors, including in Hong Kong, to finance his challenge to Microsoft-backed OpenAI.
Fri 26 Jan 2024 10:34
(Sharecast News) - Shares in LVMH sparkled on Friday, after the world's biggest luxury goods firm posted stronger-than-expected sales and raised the dividend.
Fri 26 Jan 2024 09:20
(Sharecast News) - On The Beach Group said it was on track for a bumper year on Friday, despite the cost of living crisis, as customers prioritised holidays.
Fri 26 Jan 2024 09:04
(Sharecast News) - Nearly new-car retailer Motorpoint issued a profit warning on Friday on the back of drops in used car values and reduced selling prices in the third quarter, as the company unveiled plans to buy back up to £5m of shares.
Fri 26 Jan 2024 08:29
(Sharecast News) - The competition regulator has opened a formal investigation into the proposed £15bn merger between Vodafone Group and Three UK, it was confirmed on Friday.
Fri 26 Jan 2024 08:06
(Sharecast News) - Shares in Wickes gained on Friday after the DIY and trade home improvement retailer said 2023 profits would be at the top end of market forecasts following a solid end to the financial year.
Fri 26 Jan 2024 07:54
(Sharecast News) - WH Smith posted an 8% jump in total group revenues for the 20 weeks to 20 January 2024, as it hailed strong momentum in the travel business and struck an upbeat note on the outlook.
Fri 26 Jan 2024 07:33
(Sharecast News) - Superdry has reported a substantial reduction in group sales in the first half and said that there was no let up in the "challenging" trading conditions over Christmas as it painted a gloomy outlook for the full financial year.
Fri 26 Jan 2024 07:23
(Sharecast News) - Infrastructure investor 3i Infrastructure reported total income and non-income cash of £49m at the end of its third quarter on Friday, slightly ahead of expectations.
Fri 26 Jan 2024 07:18
(Sharecast News) - Paragon Banking, the FTSE 250-listed mortgages, savings accounts and business finance provider, has delivered a confident outlook for the current financial year as it reiterated guidance following a solid first quarter.
Fri 26 Jan 2024 07:17
(Sharecast News) - Saga said on Friday that is considering options for its cruse business, including a partnership arrangement.
Fri 26 Jan 2024 07:17
(Sharecast News) - Currency and asset manager Record reported a significant increase in assets under management and earnings (AUME) in its third quarter on Friday, surging 17% to reach a total of $99.5bn.
Fri 26 Jan 2024 07:02
(Sharecast News) - FirstGroup on Friday signed a deal to buy York Pullman Bus Company for an undisclosed sum.
Thu 25 Jan 2024 16:37
(Sharecast News) - Microsoft is set to reduce its workforce in the gaming division by approximately 1,900 employees, it emerged on Thursday, according to an internal company memo reported by CNBC.
Thu 25 Jan 2024 15:44
(Sharecast News) - Lime and limestone specialist SigmaRoc said in an update on Thursday that it was set to surpass consensus expectations for 2023, with full-year revenues reaching around £580m - an 8% increase year-on-year, despite a 4% reduction in volumes.
Thu 25 Jan 2024 15:44
(Sharecast News) - Shares in Boeing dropped on Thursday after the Federal Aviation Administration ordered the aerospace manufacturer to stop a production expansion of its 737 MAX model on the same day US airlines expressed anger at the company's recent quality failings.
Thu 25 Jan 2024 15:37
(Sharecast News) - Kettle safety and water technology company Strix Group said in a full-year trading update on Thursday that, despite facing persistent challenges stemming from the global economic and geopolitical landscape, it recorded adjusted profit after tax of £20.6m on a constant currency basis, and £20.1m on a reported basis for the full year.
Thu 25 Jan 2024 15:32
(Sharecast News) - Video games creative agency Keywords Studios reported full-year revenue of €780m in a trading update on Thursday, reflecting 13% growth year-on-year and a 17% increase on a constant currency basis.
Thu 25 Jan 2024 15:27
(Sharecast News) - Mortgage Advice Bureau said in an update on Thursday that, despite its caution over activity levels and its annual outlook expressed in September, actual trading in the fourth quarter surpassed expectations, leading it to anticipate reporting an adjusted profit before tax slightly ahead of current market consensus.
Thu 25 Jan 2024 15:15
(Sharecast News) - Veterinary service provider CVS Group reported a positive first half in a trading update on Thursday, with total group revenue jumping 11.4% year-on-year to £329.9m as like-for-like sales increased 6%.
Thu 25 Jan 2024 14:41
(Sharecast News) - Lloyds Banking Group said on Thursday that it will cut around 1,600 jobs across branches as it continues to shift its focus to online banking.
Thu 25 Jan 2024 13:22
(Sharecast News) - Fevertree Drinks reported a 6% improvement in total revenue for 2023 on Thursday, reaching £364.4m.
Thu 25 Jan 2024 13:19
(Sharecast News) - Analysts at Berenberg kept their recommendation for shares of engineer Rolls Royce at 'sell' following its analysis of current positioning in the company's shares among long-only and hedge fund investors.
Thu 25 Jan 2024 12:56
(Sharecast News) - The financial market spotlight at the end of the week will be on the latest personal income and spending report for December due out in the States.
Thu 25 Jan 2024 11:39
(Sharecast News) - Bermuda-based reinsurer Conduit Re reported 38% growth in estimated ultimate premiums written in an update on Thursday, which now stood at $582.4m, compared to $421.2m during the January 2023 renewals season.
Thu 25 Jan 2024 10:44
(Sharecast News) - RBC Capital Markets hiked its price target on easyJet to 540p from 500p on Thursday and lifted estimates after the budget airline's first-quarter update a day earlier.
Thu 25 Jan 2024 10:26
(Sharecast News) - Capricorn Energy said in an update on Thursday that revenue for 2023 totalled $202m, driven by provisional entitlement sales volumes of 4.4 million barrels of oil equivalent, with 47% of those volumes coming from liquid products.
Thu 25 Jan 2024 10:21
(Sharecast News) - Shares in UK motor insurers Direct Line Group and Admiral were rising on Thursday after positive comments from JPMorgan, which said that a sector recovery is imminent and that investor concerns about regulatory intervention are overdone.
Thu 25 Jan 2024 10:15
(Sharecast News) - Pub chain Fuller, Smith & Turner backed its full-year expectations on Thursday as it hailed "particularly strong" sales over Christmas and the new year.
Thu 25 Jan 2024 09:14
(Sharecast News) - Elementis surged on Thursday following a report that KPS Capital Partners recently explored a bid for the specialty chemicals firm.
Thu 25 Jan 2024 09:06
(Sharecast News) - Foxtons Group announced in a trading update on Thursday that it surpassed market expectations in 2023, with total revenue rising 5% year-on-year to £147m.
Thu 25 Jan 2024 08:57
(Sharecast News) - The share price of Intermediate Capital Group jumped on Thursday after the private equity investment firm reported a solid increase in fee-earnings assets under management (AUM) in its third quarter and reported that it had surpassed its medium-term fundraising targets early.
Thu 25 Jan 2024 08:40
(Sharecast News) - Food supplier Greencore said it was in track to meet market expectations for the financial year, despite a fall in first-quarter sales.
Thu 25 Jan 2024 08:14
(Sharecast News) - The chief executive Workspace Group has announced his intention to retire on Thursday after 16 years with the London-focused office provider, as the company reported higher rent rolls and pricing during its third quarter.
Thu 25 Jan 2024 08:10
(Sharecast News) - Liontrust Asset Management has reportedly embarked on a search for a new chairman months after it was forced to end its pursuit of rival GAM amid disquiet among shareholders.
Thu 25 Jan 2024 07:55
(Sharecast News) - UK car parts and bike retailer Halfords on Thursday reported weaker-than-expected third-quarter sales, driven by a poor Christmas as customers reined in discretionary spending amid the cost-of-living crisis.
Thu 25 Jan 2024 07:48
(Sharecast News) - Online trading platform IG Group reported a drop in interim revenues and profits on Thursday, citing "softer market conditions" and a strong comparative period.
Thu 25 Jan 2024 07:41
(Sharecast News) - Industrial parts distributor RS Group reported a 10% fall in third-quarter like-for-like sales on weaker-than-expected markets and slower unwinding of customer surplus inventory particularly in electronics and associated products.
Thu 25 Jan 2024 07:33
(Sharecast News) - Shares in Wizz Air fell on Thursday after the low-cost airline said it expects capacity - as measured by available seat kilometres (ASK) - to be flat next financial year.
Thu 25 Jan 2024 07:26
(Sharecast News) - Drinks company Britvic hailed a positive start to the year on Thursday as it posted a jump in first-quarter revenues.
Thu 25 Jan 2024 07:26
(Sharecast News) - St James's Place reported gross inflows for 2023 of £15.39bn on Thursday, down from £17.03bn in 2022.
Thu 25 Jan 2024 07:22
(Sharecast News) - Hotel owner and developer PPHE on Thursday lifted full-year guidance as trading momentum towards the end of the year and into 2024 remained positive.
Thu 25 Jan 2024 07:18
(Sharecast News) - Food and beverage ingredients specialist Treatt said in an update on Thursday that during the first quarter, it experienced a year-on-year decline in revenue, in line with expectations.
Thu 25 Jan 2024 07:02
(Sharecast News) - Shares in Dr Martens surged on Thursday as investors breathed a sigh of relief that the UK bootmaker held full year guidance after third-quarter revenues slumped by a fifth, driven by a poor performance in the US and from its wholesale channel.
Wed 24 Jan 2024 14:01
(Sharecast News) - Xtract Resources announced plans to dispose of the Manica Gold Project on Wednesday, reporting that it had entered into conditional agreements with its Mozambique partner MMP and related parties.
Wed 24 Jan 2024 13:52
(Sharecast News) - Impellam Group confirmed a special cash dividend on Wednesday, as part of its recommended cash acquisition by Heather Global.
Wed 24 Jan 2024 13:48
(Sharecast News) - Transport testing, simulation and measurement specialist AB Dynamics reported record-breaking results for 2023 on Wednesday, with revenue reaching £100.8m, representing a 21% increase.
Wed 24 Jan 2024 13:39
(Sharecast News) - Mobile payments and messaging technology company Fonix Mobile reported a strong financial and operational performance in a trading update on Wednesday, surpassing management's expectations for the first half.
Wed 24 Jan 2024 13:39
(Sharecast News) - Mobile payments and messaging technology company Fonix Mobile reported a strong financial and operational performance in a trading update on Wednesday, surpassing management's expectations for the first half.
Wed 24 Jan 2024 13:34
(Sharecast News) - Equals Group updated the market on its ongoing strategic review on Wednesday, announcing an extension of the 'put up or shut up' (PUSU) deadline as part of its offer period.
Wed 24 Jan 2024 12:33
(Sharecast News) - Metro Bank has appointed Colombian billionaire banker and real estate developer Jaime Gilinski Bacal to its board after his firm became a controlling shareholder in the bank last year.
Wed 24 Jan 2024 12:32
(Sharecast News) - JPMorgan has placed consumer health company Haleon on negative catalyst watch ahead of its annual report next month, saying volume and earnings risks will weigh on the stock's rating.
Wed 24 Jan 2024 12:10
(Sharecast News) - DuPont shares sank in pre-market trade on Wednesday after the company's outlook for the first quarter fell short of analysts' expectations, as it pointed to destocking and weak demand in China.
Wed 24 Jan 2024 11:51
(Sharecast News) - Shares in Puma dropped sharply on Wednesday after the German sports apparel group reported a drop in fourth-quarter sales which it put down to a weakening Argentinian peso.
Wed 24 Jan 2024 11:48
(Sharecast News) - PayPoint reiterated its full-year outlook on Wednesday, after the payments specialist reported a "positive" end to 2023.
Wed 24 Jan 2024 11:42
(Sharecast News) - The market spotlight on Thursday will be on the results European Central Bank's policy meeting in Frankfurt.
Wed 24 Jan 2024 11:23
(Sharecast News) - Uranium investor Yellow Cake reported a robust performance for the December quarter on Wednesday, as its value reached and surpassed the $2bn level.
Wed 24 Jan 2024 11:18
(Sharecast News) - Building materials distributor Lords Group said in a trading update on Wednesday that despite ongoing subdued trading conditions, it progressed its growth strategy in 2023.
Wed 24 Jan 2024 11:04
(Sharecast News) - Next Fifteen Group told investors that results for the financial year were seen coming in as expected.
Wed 24 Jan 2024 10:01
(Sharecast News) - Ofcom has called for an overhaul of the UK's postal service, including potentially cutting deliveries to just three days a week.
Wed 24 Jan 2024 10:00
(Sharecast News) - Avon Protection confirmed a new delivery order on Wednesday, valued at $14.2m, from the US Defense Logistics Agency.
Wed 24 Jan 2024 09:57
(Sharecast News) - Numis initiated coverage of Greggs on Wednesday with a 'hold' rating and 2,560p price target as it said growth was "baked in".
Wed 24 Jan 2024 09:53
(Sharecast News) - Woodside Energy reported record full-year production on Wednesday, of 187.2 million barrels of oil equivalent, exceeding the top end of its production guidance range of 183 million to 188 million barrels.
Wed 24 Jan 2024 09:32
(Sharecast News) - Activity in the UK services sector picked up in January, but the Red Sea crisis hit manufacturing supply chains, according to a survey released on Wednesday.
Wed 24 Jan 2024 09:25
(Sharecast News) - The share price of Zoo Digital plummeted on Wednesday after the AIM-listed media tech group delivered a profit warning as a result of delayed customer orders in the aftermath of the writers' and actors' strikes in Hollywood last year.
Wed 24 Jan 2024 08:57
(Sharecast News) - Shares in Ceres Power were sliding on Wednesday, after it announced the failure of joint venture talks in China in 2023 in a trading update, as well as delays to expected royalties from its fuel cell systems.
Wed 24 Jan 2024 08:20
(Sharecast News) - Shares in Quilter rose on Wednesday after the advice, investments and wealth management group reported a rebound in net flows in the fourth quarter.
Wed 24 Jan 2024 08:19
(Sharecast News) - Hochschild Mining shares surged on Wednesday as the miner held annual guidance and 2023 production came in at the top of its target range, although full-year gold and silver output was lower than the prior year.
Wed 24 Jan 2024 08:11
(Sharecast News) - Revolution Bars issued a profit warning on Wednesday despite strong trading over the festive period, pinning the blame on several factors, including train strikes and the expense of Christmas.
Wed 24 Jan 2024 07:56
(Sharecast News) - Shares in Tullow Oil soared on Wednesday after the independent oil and gas explorer said the start-up of the Jubilee South East operation off Ghana helped to drive production and lifted 2023 cash flow ahead of expectations.
Wed 24 Jan 2024 07:45
(Sharecast News) - TI Fluid Systems said on Wednesday that full-year results were set to be "slightly ahead" of expectations after a continued strong performance in the fourth quarter.
Wed 24 Jan 2024 07:42
(Sharecast News) - Tech sourcing, consultancy and services group Computacenter expects to report record profits for 2023 with cash generation ahead of guidance, and said it is considering whether to use the surplus capital for shareholder payouts or acquisitions.
Wed 24 Jan 2024 07:38
(Sharecast News) - Mining giant Rio Tinto said it had agreed to buy electricity from the Upper Calliope solar farm in the state of Queensland to power its Gladstone aluminium operations for 25 years.
Wed 24 Jan 2024 07:27
(Sharecast News) - Mining firm Fresnillo reported a 0.9% increase in fourth quarter silver production on Wednesday, to 13,548 kiloounces (koz).
Wed 24 Jan 2024 07:25
(Sharecast News) - Pub chain Wetherspoons held annual guidance as it reported rise in first-half underlying sales.
Wed 24 Jan 2024 07:21
(Sharecast News) - Diversified Energy hit back on Wednesday after activist investor Snowcap Research said the company may not have enough funds to cover the costs of plugging its inactive wells and that a dividend cut was imminent, sending its shares tumbling.
Wed 24 Jan 2024 07:11
(Sharecast News) - Asset manager Abrdn announced it is cutting 500 roles across the group as part of a new cost-cutting initiative to save £150m by the end of 2025, as it reported net outflows of over £12m in the second half.
Wed 24 Jan 2024 07:02
(Sharecast News) - Budget airline easyJet said it had taken a £40m hit from the Middle-East conflict, but said it expected first-half losses to narrow and reported positive booking momentum for the summer.
Tue 23 Jan 2024 22:24
(Sharecast News) - Diversified Energy tumbled on Tuesday after Snowcap Research said the company may not have enough funds to cover the cost of plugging its inactive wells and that a dividend cut looks imminent.
Tue 23 Jan 2024 14:24
(Sharecast News) - The market spotlight on Wednesday was expected to be on preliminary results for a raft of closely-followed economic surveys on either side of the Atlantic.
Tue 23 Jan 2024 14:08
(Sharecast News) - Berenberg downgraded Victrex on Tuesday to 'hold' from 'buy' as it said the company's performance in industrial-exposed sectors could remain subdued for longer than it previously expected.
Tue 23 Jan 2024 13:25
(Sharecast News) - B&M European Value Retail said on Tuesday that chairman Peter Bamford plans to retire this year.
Tue 23 Jan 2024 12:57
(Sharecast News) - Shares in 3M came under pressure on Tuesday, after the industrial conglomerate forecast full-year profits and sales below analyst expectations.
Tue 23 Jan 2024 12:19
(Sharecast News) - Johnson & Johnson reported robust growth in sales and earnings in its fourth quarter numbers on Tuesday, with sales rising 7.3% year-on-year to $21.4bn.
Tue 23 Jan 2024 12:15
(Sharecast News) - General Electric topped fourth-quarter earnings estimates but downbeat guidance for the three months of the current year sent shares in the jet engine maker lower.
Tue 23 Jan 2024 12:07
(Sharecast News) - Sweden's Ericsson reported a slide in quarterly profits and sales on Tuesday, as wary customers cut back on spending.
Tue 23 Jan 2024 12:02
(Sharecast News) - Fund manager Abrdn is reportedly preparing to axe hundreds of jobs in a cost-cutting drive aimed at boosting its flagging performance.
Tue 23 Jan 2024 10:42
(Sharecast News) - Ryanair Holdings said on Tuesday that it has signed a deal with Loveholidays, despite branding online travel agents "pirates".
Tue 23 Jan 2024 09:47
(Sharecast News) - The investment advisor to Hipgnosis Songs Fund has refused to drop a controversial call option, the troubled music rights owner confirmed on Tuesday.
Tue 23 Jan 2024 09:23
(Sharecast News) - Inhibrx announced an agreement with Sanofi on Tuesday, under which Sanofi subsidiary Aventis will acquire all assets and liabilities associated with INBRX-101, a recombinant alpha-1 antitrypsin (AAT) augmentation therapy currently being trialled for alpha-1 antitrypsin deficiency (AATD) treatment.
Tue 23 Jan 2024 09:22
(Sharecast News) - Fast-fashion retailer Quiz reported a drop in sales over the Christmas period on Tuesday as it said inflationary pressures were denting consumer demand.
Tue 23 Jan 2024 08:36
(Sharecast News) - Recruitment and training company Staffline Group reported 2023 revenue of £938.2m in an update on Tuesday, up 1.1% year-on-year, with gross profit at £80.8m, which was down 2.1%.
Tue 23 Jan 2024 08:27
(Sharecast News) - Residential developer Watkin Jones reported full-year revenue of £413.2m on Tuesday, marking a 1.5% increase year-on-year.
Tue 23 Jan 2024 08:19
(Sharecast News) - Land, property and construction company Henry Boot reported a mixed full-year performance in an update on Tuesday, with profit before tax for 2023 set to align with market consensus, although its outlook for 2024 was much less optimistic.
Tue 23 Jan 2024 08:12
(Sharecast News) - Pawnbroker and jewellery retailer H&T Group reported a robust fourth-quarter performance in an update on Tuesday, projecting a record profit increase of 40% year-on-year.
Tue 23 Jan 2024 08:09
(Sharecast News) - Shares in Everyman Media Group jumped on Tuesday after the upmarket cinema chain delivered double-digit growth in both revenues and profits last year and pointed to an "improving film slate" in 2024.
Tue 23 Jan 2024 07:54
(Sharecast News) - Boohoo said on Tuesday that trading remains in line with market expectations as it announced the departure of chief financial officer Shaun McCabe "by mutual agreement" and with immediate effect.
Tue 23 Jan 2024 07:52
(Sharecast News) - Pub operator Marston's said in an update on Tuesday that total retail sales in both its managed and franchised pubs rose 8.8% year-on-year in the 16 weeks to 20 January.
Tue 23 Jan 2024 07:43
(Sharecast News) - JPMorgan Cazenove reiterated its 'overweight' rating on Prudential on Tuesday as it said concerns about the stock reflect fear rather than fundamentals.
Tue 23 Jan 2024 07:42
(Sharecast News) - Winemaker Chapel Down saw a slowdown in revenue growth in the second half of 2023 but said that English sparkling wine outperformed the Champagne market over the year.
Tue 23 Jan 2024 07:41
(Sharecast News) - PPHE Hotel Group announced the signing of its third hotel as part of its extended partnership with Radisson Hotel Group on Tuesday, with the Radisson RED Berlin Kudamm set to open in late spring.
Tue 23 Jan 2024 07:32
(Sharecast News) - UK housebuilder Crest Nicholson posted a bigger-than-expected fall in annual profits but said it was encouraged by an increase in customer inquiries as borrowing costs fell, while chief executive Peter Truscott announced he was stepping down to be replaced by Persimmon chief commercial officer Martyn Clark.
Tue 23 Jan 2024 07:22
(Sharecast News) - Vistry Group announced on Tuesday that its Countryside Partnerships subsidiary has been chosen as the preferred developer by the Greater London Authority (GLA) and the Mayor's Office for Policing and Crime (MOPAC) to undertake a significant housing project in Colindale, Barnet.
Tue 23 Jan 2024 07:15
(Sharecast News) - Great Portland Estates said in an update on Tuesday that during the nine months to 31 December, it signed leases totalling £16.1m, exceeding the estimated rental value (ERV) from last March by 10.4%.
Tue 23 Jan 2024 07:11
(Sharecast News) - Premier Foods, the food manufacturer behind brands like Mr Kipling, Bisto and Ambrosia, said it is on track to hit profit forecasts this year after a solid third quarter with double-digit sales growth across the group.
Tue 23 Jan 2024 07:02
(Sharecast News) - Sales at clothing retailer Primark grew 2.1% on a like-for-like basis over the Christmas period despite warmer weather, parent company Associated British Foods said on Tuesday, adding that it did not expect supply disruptions from attacks on commercial shipping in the Red Sea.
Mon 22 Jan 2024 15:10
(Sharecast News) - Tuesday's market spotlight will be on the Bank of Japan.
Mon 22 Jan 2024 14:23
(Sharecast News) - Troubled utility Thames Water is reportedly reshuffling its debt load in an attempt to give it more time to stabilise its finances.
Mon 22 Jan 2024 14:00
(Sharecast News) - Digital mental health service provider Kooth said in a trading update on Monday that it anticipated its 2023 revenue to reach £33.3m, representing year-on-year growth of around 65%.
Mon 22 Jan 2024 13:55
(Sharecast News) - Cloud, network, and security managed communications provider Maintel said in a full-year update on Monday that its strategic efforts and business reorganisation had yielded positive results, positioning it for growth in the coming year.
Mon 22 Jan 2024 13:50
(Sharecast News) - Geotechnical specialist Getech announced the partial sale of its head office on Monday, after consolidating its operations during the Covid-19 pandemic.
Mon 22 Jan 2024 13:46
(Sharecast News) - Mining company Vast Resources announced a three-year marketing agreement with a Swiss investment firm on Monday, for the exclusive distribution of high-grade platinum group metal (PGM) concentrates produced within the EU.
Mon 22 Jan 2024 13:35
(Sharecast News) - Biopesticide specialist Eden Research said in a trading update on Monday that it expected a 72% increase in full-year revenue for 2023, to £3.1m, surpassing market expectations by £0.3m.
Mon 22 Jan 2024 13:25
(Sharecast News) - American agricultural trader Archer-Daniels-Midland (ADM) put its chief financial officer Vikram Luthar on administrative leave overnight, lowering its earnings outlook as it investigated its accounting practices.
Mon 22 Jan 2024 13:19
(Sharecast News) - US gas station owner Sunoco said on Monday that it has agreed to buy independent liquids terminal and pipeline operator NuStar Energy in a $7.3bn all-share deal.
Mon 22 Jan 2024 12:34
(Sharecast News) - Credit Agricole said on Monday that it has bought a stake of around 7% in French payments group and joint venture partner Worldline.
Mon 22 Jan 2024 11:54
(Sharecast News) - Business recovery specialist Begbies Traynor warned in its latest 'Red Flag Alert' on Monday, that UK businesses were grappling with a significant rise in critical financial distress, surging by 25.9% in the fourth quarter of 2023 compared to the prior quarter.
Mon 22 Jan 2024 11:16
(Sharecast News) - Brickability Group announced the completed acquisition of Topek Southern (TSL) up to £48m on Monday.
Mon 22 Jan 2024 10:51
(Sharecast News) - Trifast tanked on Monday as it warned that full-year results would be "significantly" below its previous expectations, pointing to low visibility and volatile demand.
Mon 22 Jan 2024 09:50
(Sharecast News) - Citi upgraded Segro on Monday to 'buy' from 'neutral', saying it estimates that as rates decline, the risk to its previous estimates of deep recession rent declines reverses and it now expects growth.
Mon 22 Jan 2024 09:48
(Sharecast News) - French gambling company La Francaise des Jeux on Monday launched a €2.6bn takeover bid for Sweden's Kindred Group.
Mon 22 Jan 2024 09:33
(Sharecast News) - Shares in Benchmark Holdings jumped on Monday after the UK-listed aquaculture services group kickstarted a formal sales process
Mon 22 Jan 2024 09:28
(Sharecast News) - S4 Capital said on Monday that trading in the fourth quarter was in line with the expectations outlined in November and that client caution on marketing spend was expected to persist.
Mon 22 Jan 2024 09:05
(Sharecast News) - Pan African released a production update for the first half of its financial year on Monday, reporting an improved safety performance, increased gold production, and progress on the Mogale Tailings Retreatment (MTR) Project.
Mon 22 Jan 2024 08:40
(Sharecast News) - RBC Capital Markets said it sees further upside at CMC Markets despite a near-50% jump in the stock over the past two months following a positive trading update from the online trading company.
Mon 22 Jan 2024 08:08
(Sharecast News) - Virgin Wines UK said in a trading update on Monday that, despite a challenging economic environment, it saw year-on-year revenue growth in its first half, as well as increased profitability, strong cash generation, and improved operational efficiency.
Mon 22 Jan 2024 08:01
(Sharecast News) - Oxford Nanopore Technologies has appointed Nick Keher, a finance veteran in the life sciences sector, as its new chief financial officer, the DNA/RNA sequencing tech firm announced on Monday.
Mon 22 Jan 2024 07:33
(Sharecast News) - Caterer Compass Group confirmed on Monday that it has agreed to buy rival CH&CO in a £475m deal.
Mon 22 Jan 2024 07:25
(Sharecast News) - Alphawave IP Group reported record quarterly bookings of $128.7m in its fourth quarter on Monday, marking a 36% increase compared to the same period in the prior year.
Mon 22 Jan 2024 07:15
(Sharecast News) - Private equity group HgCapital on Monday said it had offloaded its stake in oil pricing data publisher Argus Media, allowing chief executive Adrian Binks to take a majority stake in the firm.
Mon 22 Jan 2024 07:14
(Sharecast News) - Barclays downgraded Sage Group on Monday to 'underweight' from 'equalweight' and cut the price target to 985p from 1,050p.
Mon 22 Jan 2024 07:10
(Sharecast News) - Chinese commercial lenders held benchmark lending rates steady, in line with the country's central bank decision to leave key policy rates unchanged.
Mon 22 Jan 2024 07:03
(Sharecast News) - Thermal processing specialist Bodycote said it would start a $60m share buyback programme after spending less than planned on acquisitions.
Fri 19 Jan 2024 14:45
(Sharecast News) - Aerospace parts manufacturer Kaman said on Friday that it has agreed to be taken private by Arcline Investment Management in a $1.8bn deal.
Fri 19 Jan 2024 13:07
(Sharecast News) - Wayfair surged on Friday as the online home retailer announced plans to cut around 13% of its global workforce in a bid to save more than $280m.
Fri 19 Jan 2024 13:04
(Sharecast News) - Tata Steel is to axe 2,800 jobs across the UK as part of a major restructuring of its British operations, it was confirmed on Friday.
Fri 19 Jan 2024 13:03
(Sharecast News) - Natural resources investor Deltic Energy reported on the findings of a competent person's report (CPR) for the Pensacola Discovery on Friday.
Fri 19 Jan 2024 13:02
(Sharecast News) - Prospex Energy updated the markets on operations at the Podere Maiar-1 (PM-1) well site in the Selva field on Friday.
Fri 19 Jan 2024 13:00
(Sharecast News) - N4 Pharma, a pharmaceutical company developing the cancer vaccine delivery system Nuvec, announced on Friday that it has received confirmation from the University of Queensland regarding the granting of its patent for Nuvec in India.
Fri 19 Jan 2024 12:59
(Sharecast News) - Anglesey announced promising assay results from its recent drilling project at the Parys Mountain project on the Isle of Anglesey in north west Wales on Friday.
Fri 19 Jan 2024 11:56
(Sharecast News) - Advanced materials engineer Versarien has raised £0.4m, it announced on Friday, to help it with its growing pipeline of opportunities.
Fri 19 Jan 2024 11:41
(Sharecast News) - US existing home sales fell in December to the lowest level since 1995, according to data released on Friday by the National Association of Realtors.
Fri 19 Jan 2024 11:18
(Sharecast News) - Oncology drugs and diagnostics developer Avacta announced the appointment of Dr Christina Coughlin as its new head of research and development for the therapeutics division on Friday.
Fri 19 Jan 2024 10:50
(Sharecast News) - Indonesian palm oil producer MP Evans Group reported growth in its crop and production figures for 2023 on Friday, with a 2% rise in its own crops of fresh fruit bunches to 922,900 tonnes.
Fri 19 Jan 2024 10:47
(Sharecast News) - Abrdn Property Income Trust (API) announced a recommended all-share merger agreement with Custodian Property Income REIT (CREI) on Friday.
Fri 19 Jan 2024 10:38
(Sharecast News) - Music and audio technology company Focusrite said in a trading update on Friday that its content creation division encountered ongoing market challenges during the first four months of the financial year, particularly in Asia and among traditional 'bricks and mortar' resellers in the Europe, Middle East and Africa (EMEA) region.
Fri 19 Jan 2024 09:46
(Sharecast News) - Morgan Stanley upgraded its stance on Persimmon on Friday as it took a look at the UK housebuilding sector.
Fri 19 Jan 2024 09:16
(Sharecast News) - JP Morgan has reiterated its ratings on Legal & General Group and Just Group in its latest review of the UK life insurance sector.
Fri 19 Jan 2024 08:49
(Sharecast News) - Remote people monitoring technology company Big Technologies said in a trading update on Friday that its performance in 2023 was in line with expectations, with revenue set to reach £55m, up from £50.2m in 2022.
Fri 19 Jan 2024 08:39
(Sharecast News) - RBC Capital Markets has trimmed its target price for recruitment firm Hays after last week's profit warning, but maintained an 'outperform' rating on the back of significant upside potential.
Fri 19 Jan 2024 08:30
(Sharecast News) - German chemical giant BASF Group reported annual sales and earnings well below analyst expectations on Friday.
Fri 19 Jan 2024 07:49
(Sharecast News) - Furniture retailer DFS has held on to full-year profit guidance despite a slight drop in first-half orders, as gains in market share and cost management has mitigated "challenging" trading conditions.
Fri 19 Jan 2024 07:45
(Sharecast News) - Logistics company Wincanton said on Friday that it has agreed to be taken private by Ceva Logistics, a subsidiary of French shipping firm CMA CGM, in a £566.9m deal.
Fri 19 Jan 2024 07:22
(Sharecast News) - Sébastien de Montessus, the former chief executive of Endeavour Mining who was abruptly sacked earlier this month for serious misconduct, is to miss out of $17.6m in bonuses and share awards, the FTSE 100 miner announced late on Thursday.
Fri 19 Jan 2024 07:15
(Sharecast News) - Petershill Partners reported a significant increase in its gross fee-eligible assets under management for 2023 on Friday, for a total of $23bn, in line with its guidance.
Fri 19 Jan 2024 07:02
(Sharecast News) - Shares in 4imprint Group surged on Friday as the promotional merchandise maker said it expected annual earnings to be slightly above forecasts after a strong trading performance during 2023.
Thu 18 Jan 2024 15:08
(Sharecast News) - Medical device company Niox Group said in a trading update on Thursday that it experienced substantial revenue growth in 2023, with a reported increase of 18% to £36.8m.
Thu 18 Jan 2024 15:02
(Sharecast News) - Franchise Brands said in an update on Thursday that, since the acquisition of Pirtek Europe in April, it had expanded its presence to over 625 franchisees operating across seven brands in ten countries, including the UK, continental Europe and North America.
Thu 18 Jan 2024 14:55
(Sharecast News) - Kistos, a joint venture partner in the Greater Laggan Area (GLA) and co-owner of the Shetland Gas Plant, responded to the North Sea Transition Authority's (NSTA) decision to grant development and production consent for the Victory Gas Field, operated by Shell UK, on Thursday.
Thu 18 Jan 2024 14:51
(Sharecast News) - Alpha Group International reported a strong financial performance 2023 in a trading update on Thursday.
Thu 18 Jan 2024 14:43
(Sharecast News) - Scientific instrument sector investor Judges Scientific said in a trading update on Thursday that despite ongoing economic uncertainties in 2023, it achieved both organic and inorganic growth in 2023.
Thu 18 Jan 2024 14:33
(Sharecast News) - Document management and technology recycler Restore said in an update on Thursday that it was on track to report adjusted profit before tax for 2023 in line with market expectations.
Thu 18 Jan 2024 14:02
(Sharecast News) - Ferrexpo rallied on Thursday as it declared an interim dividend of 3.3 US cents a share after exceeding its expectations in 2023.
Thu 18 Jan 2024 13:29
(Sharecast News) - Social media platform Reddit has drawn up plans to launch its initial public offering (IPO) in March, according to a report on Thursday.
Thu 18 Jan 2024 13:03
(Sharecast News) - Smart Metering Systems reported in a trading update on Thursday that its total meter and data assets index-linked annualised recurring revenue (ILARR) was £113.4m at the end of 2023, including an annual retail price index (RPI) adjustment.
Thu 18 Jan 2024 12:47
(Sharecast News) - Marks & Spencer Group is to invest £30m overhauling its Scottish offering, including closing one of its stores in Aberdeen, the retailer said on Thursday.
Thu 18 Jan 2024 12:35
(Sharecast News) - Naked Wines announced job cuts on Thursday as it looks to reduce costs, as it reported a drop in sales over the peak third-quarter trading period, in line with its expectations.
Thu 18 Jan 2024 12:14
(Sharecast News) - Shares in Richemont sparked on Thursday after the Swiss owner of Cartier posted a jump in quarterly sales, driven by strong demand in China.
Thu 18 Jan 2024 12:13
(Sharecast News) - Infrastructure services, construction, and property company Kier Group said in an update on Thursday that, during the first half of its financial year, its performance remained consistent with the board's expectations, building on its positive trajectory from the previous period.
Thu 18 Jan 2024 11:41
(Sharecast News) - Japanese housebuilder Sekisui House said on Thursday that it has agreed to buy US peer M.D.C. Holdings for $4.9bn in cash.
Thu 18 Jan 2024 11:41
(Sharecast News) - Japanese housebuilder Sekisui House said on Thursday that it has agreed to buy US peer M.D.C. Holdings for $4.9bn in cash.
Thu 18 Jan 2024 11:40
(Sharecast News) - The economic data and corporate earnings calendars are set to quiet down on Friday with UK retail sales the only major scheduled announcement with the potential to move markets.
Thu 18 Jan 2024 11:34
(Sharecast News) - Bank of America has said it sees 40% upside in the share price of Informa after raising its target price for the publishing, business intelligence and exhibitions group on Thursday.
Thu 18 Jan 2024 11:06
(Sharecast News) - Troubled music rights owner Hipgnosis Songs Fund has asked shareholders to vote on a special resolution intended to help attract potential bidders.
Thu 18 Jan 2024 11:02
(Sharecast News) - Mike Ashley's Frasers Group lifted its stake in Boohoo again on Thursday, to more than 20%.
Thu 18 Jan 2024 10:58
(Sharecast News) - Harbour Energy shares were in the red on Thursday, after the company reported a fall in production and an increase in costs in a 2023 trading update.
Thu 18 Jan 2024 10:11
(Sharecast News) - Shares in The Works fell sharply on Thursday, after the retailer slid deeper into the red and reported weak festive trading.
Thu 18 Jan 2024 09:46
(Sharecast News) - Analysts at Berenberg raised their target price on uranium group Yellow Cake from 744.0p to 883.0p on Thursday following a fireside chat with chief executive Andre Liebenberg and Dustin Garrow, managing principal at Nuclear Fuel Associates and chief commercial officer of 308 Services.
Thu 18 Jan 2024 09:40
(Sharecast News) - Clothing and footwear online retailer N Brown said in an update on Thursday that product revenue for the third quarter totalled £150.2m, representing a 9.7% decrease compared year-on-year.
Thu 18 Jan 2024 09:35
(Sharecast News) - Pub chain Young's hailed "strong" Christmas trading on Thursday as it said the acquisition of City Pub Group is due to complete on 4 March, after shareholders voted strongly in its favour.
Thu 18 Jan 2024 09:17
(Sharecast News) - Food manufacturer Bakkavor said on Thursday that full-year revenues had grown, with a strong showing in China offsetting weakness in the US.
Thu 18 Jan 2024 09:02
(Sharecast News) - Investment platform operator AJ Bell said on Thursday that assets under administration had hit record levels in the three months ended 31 December, driven by increased customer numbers and a "significant" year-on-year increase in gross and net inflows.
Thu 18 Jan 2024 08:51
(Sharecast News) - Retirement products business Just Group said full-year sales had increased across the board, driven by the "strength" of its new business model.
Thu 18 Jan 2024 08:36
(Sharecast News) - Logistics group International Distributions Services said on Thursday that it had seen a "marked improvement" in Royal Mail's Christmas performance, putting the group on track to meet full-year guidance.
Thu 18 Jan 2024 08:32
(Sharecast News) - Magners cider owner C&C Group said it expected annual operating profit to be in line with current market expectations after resilient Christmas trading despite some adverse weather in Britain.
Thu 18 Jan 2024 08:26
(Sharecast News) - Ceres Power surged on Thursday after it signed a global long-term manufacturing collaboration and licence agreement with Taiwan's Delta Electronics for both solid oxide electrolysis cell (SOEC) and solid oxide fuel cell (SOFC) stack production.
Thu 18 Jan 2024 08:21
(Sharecast News) - Gold miner Centamin pointed to a further increase in annual production in 2024 after meeting forecasts with last year's output, with costs coming in below guidance.
Thu 18 Jan 2024 08:19
(Sharecast News) - Marshalls said on Thursday that adjusted pre-tax profit for the full year is set to be in line with its expectations as it reported a drop in revenue amid subdued demand.
Thu 18 Jan 2024 08:17
(Sharecast News) - Freight and road payments company Eurowag said annual revenues were expected to jump by more than a third, driven by new customers and cross-selling opportunities.
Thu 18 Jan 2024 08:06
(Sharecast News) - Exploration and production company Energean said on Thursday that full-year profits had more than doubled despite production sitting at the lower end of recent guidance.
Thu 18 Jan 2024 08:04
(Sharecast News) - Specialty chemicals company Elementis said on Thursday that 2023 profit was set to be slightly ahead of expectations after a "resilient" fourth-quarter performance.
Thu 18 Jan 2024 07:57
(Sharecast News) - Accounting and financial software company Sage Group reported a robust financial performance in the December quarter on Thursday, with total revenue rising 10% year-on-year to £573m, although it said a stronger pound was having an impact on its performance.
Thu 18 Jan 2024 07:54
(Sharecast News) - UK furniture and homewares retailer Dunelm said it expected full-year profit to be in-line with market expectations, as demand remained strong despite the cost of living crisis that has seen consumers rein in spending.
Thu 18 Jan 2024 07:53
(Sharecast News) - Meat producer Cranswick said on Thursday that adjusted pre-tax profit for the year to the end of March 2024 was set to be ahead of the board's previous expectations after stronger-than-expected trading in the third quarter.
Thu 18 Jan 2024 07:51
(Sharecast News) - Workers at Tata Steel's Port Talbot plant were bracing for swingeing job cuts on Thursday, as company officials met with unions to discuss the steelworks' future.
Thu 18 Jan 2024 07:43
(Sharecast News) - Watches of Switzerland slashed its annual revenue guidance on Thursday, as demand for its luxury products fell amid the cost of living crisis, particularly in the UK, and said it expected volatile trading conditions to remain for the rest of its fiscal year.
Thu 18 Jan 2024 07:38
(Sharecast News) - Electricals retailer Currys said on Thursday that full-year profit was set to be ahead of consensus expectations despite reporting a drop in sales.
Thu 18 Jan 2024 07:38
(Sharecast News) - Electricals retailer Currys said on Thursday that full-year profit was set to be ahead of consensus expectations despite reporting a drop in sales.
Thu 18 Jan 2024 07:30
(Sharecast News) - Shares in Paddy Power and Betfair owner Flutter Entertainment jumped by over a tenth on Thursday despite fourth-quarter revenues coming in below guidance, with investors showing optimism about the company's planned listing on Wall Street with significant potential for growth in the key US market.
Thu 18 Jan 2024 07:19
(Sharecast News) - Sainsbury has announced a "phased withdrawal" from its banking operations as it continues to pursue its so-called 'Food First' strategy.
Thu 18 Jan 2024 07:03
(Sharecast News) - JD Sports Fashion said it had taken 100% control of Poland's Marketing Investment Group after clearance from the European Commission.
Wed 17 Jan 2024 15:17
(Sharecast News) - Manchester United cut its full-year profit guidance on Wednesday as it pointed to its early exit from the Champions League and associated drop in broadcasting revenues.
Wed 17 Jan 2024 15:09
(Sharecast News) - Grafton said on Wednesday that it has appointed Ian Tyler as its next chairman, with effect from 1 March.
Wed 17 Jan 2024 15:04
(Sharecast News) - Japanese fashion brand Uniqlo is suing Chinese online rival Shein over claims it is selling copies of its shoulder bag, which has become a huge hit on social media.
Wed 17 Jan 2024 14:56
(Sharecast News) - Griffin Mining released production results for the Caijiaying Zinc Gold Mine for the three months and year ended 31 December on Wednesday, reporting impressive achievements.
Wed 17 Jan 2024 14:52
(Sharecast News) - Mineral explorer and developer Ariana Resources released its full-year production results for the Kiziltepe Mine in Turkey on Wednesday in which it holds a 23.5% stake through its shareholding in Zenit.
Wed 17 Jan 2024 14:47
(Sharecast News) - Governance, risk and compliance (GRC) software specialist Acuity RM said in an update on Wednesday that, in the nine months following the acquisition of Acuity Risk Management in April last year, it had seen solid growth.
Wed 17 Jan 2024 14:40
(Sharecast News) - Green fertiliser project developer Atome Energy updated the market on its operations in Paraguay on Wednesday, reporting that the front-end engineering design (FEED) study and engineering, procurement and construction (EPC) were progressing well, and were expected to conclude in the first quarter of the year.
Wed 17 Jan 2024 14:39
(Sharecast News) - OPEC reaffirmed its projection of robust growth in global oil demand for 2024 on Wednesday, as well as offering an early outlook for 2025, highlighting China and the Middle East as the driving forces behind the surge.
Wed 17 Jan 2024 14:18
(Sharecast News) - Healthcare software specialist Craneware said in a trading update on Wednesday that it saw accelerated revenue growth in the six months ended 31 December, reflecting an improving market environment as US hospitals and healthcare institutions refocussed their strategic goals.
Wed 17 Jan 2024 14:12
(Sharecast News) - Brooks Macdonald said in an update on Wednesday that it saw robust gross inflows of £0.6bn in the December quarter, marking a 1.5% increase from the prior quarter and equating to an annualised rate of 14%.
Wed 17 Jan 2024 14:06
(Sharecast News) - Specialist audiovisual distributor Midwich Group reported a strong 2023 performance in a trading update on Wednesday, culminating in record-breaking revenue of £1.3bn, making for 7% growth year-on-year, or 6% when adjusting for currency fluctuations.
Wed 17 Jan 2024 13:02
(Sharecast News) - Analysts at Berenberg lowered their target price on audio-visual distributor Midwich from 800.0p to 710.0p on Wednesday following the group's recent full-year trading update.
Wed 17 Jan 2024 12:46
(Sharecast News) - Bank of America Merrill Lynch upped its price target on Smith & Nephew on Wednesday to 1,320p from 1,180p.
Wed 17 Jan 2024 12:46
(Sharecast News) - Bank of America Merrill Lynch upped its price target on Smith & Nephew on Wednesday to 1,320p from 1,180p.
Wed 17 Jan 2024 12:18
(Sharecast News) - Citi downgraded Drax to 'sell' on Wednesday as it argued the shares have re-rated "unjustifiably" on the hope of further government support - a view the bank does not share before the general election.
Wed 17 Jan 2024 11:45
(Sharecast News) - Professional services group Gateley reported a resilient first-half financial performance on Wednesday, with a 7.6% increase in revenue and a 4.6% rise in underlying profit before tax compared to the first six months of the 2023 financial year.
Wed 17 Jan 2024 11:16
(Sharecast News) - Model railways group Hornby said on Wednesday that third-quarter sales had steamed ahead year-on-year, mostly driven by a solid Black Friday performance.
Wed 17 Jan 2024 10:30
(Sharecast News) - Wealth manager Rathbones Group reported total funds under management and administration, including Investec Wealth & Investment (IW&I), of £105.3bn at the end of December on Wednesday.
Wed 17 Jan 2024 09:46
(Sharecast News) - Handbag maker Mulberry reported a drop in revenue on Wednesday, pinning the blame on a slowdown in luxury consumer spending, a challenging macroeconomic backdrop and a lack of VAT-free shopping.
Wed 17 Jan 2024 09:22
(Sharecast News) - Plastic and fibre products supplier Essentra said on Wednesday that it expects full-year adjusted operating profits to be in line with previous guidance following a "resilient Q4 performance".
Wed 17 Jan 2024 09:20
(Sharecast News) - Galliford Try's share price received a boost on Wednesday after the British construction company lifted both its top and bottom-line guidance for the full year, for the second time in recent months.
Wed 17 Jan 2024 09:17
(Sharecast News) - Gambling group 888 warned on Wednesday that full-year adjusted underlying earnings would be at the low end of consensus estimates as a result of a heightened level of investment.
Wed 17 Jan 2024 09:16
(Sharecast News) - Geotechnical engineering firm Keller said on Wednesday that 2023 underlying operating profit was set to be "significantly ahead" of market expectations of £150m after a particularly strong end to the year.
Wed 17 Jan 2024 09:02
(Sharecast News) - Urban Logistics reported a continued surge in demand for space in an update on Wednesday, within its niche sub-sector of last-mile, last-touch delivery of essential goods in urban areas.
Wed 17 Jan 2024 08:44
(Sharecast News) - Shares in Safestore declined on Wednesday despite the self-storage space provider appearing to beat market expectations with its annual results, as it pointed to a softening of conditions in the UK in the new financial year.
Wed 17 Jan 2024 08:44
(Sharecast News) - Wizz Air has been forced to pay out £1.2m to passengers whose claims for compensation were falsely rejected after flight delays in the chaotic summer of 2022.
Wed 17 Jan 2024 08:39
(Sharecast News) - Goldman Sachs upgraded shares of engineer IMI on Wednesday to 'buy' from neutral' and lifted the price target to 2,020p from 1,780p, saying it sees around 30% upside versus 17% for the sector.
Wed 17 Jan 2024 08:08
(Sharecast News) - FirstGroup has signed a new £150m green hire purchase financing facility with a syndicate of three banks to support the purchase of electric bus bodies.
Wed 17 Jan 2024 08:05
(Sharecast News) - GSK said on Wednesday that it has raised around £978m from the sale of shares in Haleon.
Wed 17 Jan 2024 08:01
(Sharecast News) - Fund manager Liontrust Asset Management revealed on Wednesday that outflows had continued during the three months ended 31 December but said it had managed to deliver a small improvement in assets under management.
Wed 17 Jan 2024 07:59
(Sharecast News) - Harvester, Toby Carvery and All Bar One owner Mitchells & Butlers said it expects full-year results to be at the "top end" of expectations after a solid first-quarter performance with sales rising strongly over the key festive period.
Wed 17 Jan 2024 07:46
(Sharecast News) - Just Eat Takeaway said on Wednesday that 2023 core profit was set to be ahead of guidance, following a strong fourth-quarter performance in Northern Europe and the UK and Ireland.
Wed 17 Jan 2024 07:34
(Sharecast News) - Distribution group Diploma has hailed a "strong start" to its financial year as recent acquisitions helped revenues rise by a tenth.
Wed 17 Jan 2024 07:22
(Sharecast News) - Education publisher Pearson reported a robust set of financial and strategic advancements in a full-year trading update on Wednesday, with 2023 underlying group sales growth coming in at 5%, excluding the impact of OPM and strategic review businesses.
Wed 17 Jan 2024 07:20
(Sharecast News) - Copper miner Antofagasta on Wednesday said annual production rose 2% to 660,600 sonnes, on higher output at its Los Pelambres operation in Chile, due to improved water availability from its desalination plant.
Wed 17 Jan 2024 07:11
(Sharecast News) - BP has named its former chief financial officer Murray Auchincloss as its permanent chief executive, after having served in an interim capacity for the past four months.
Wed 17 Jan 2024 07:04
(Sharecast News) - Building products supplier Ibstock said it was permanently closing one of its brick factories and cut jobs amid falling demand as the housing market contracted, although it remained confident in its medium-term prospects, with fourth-quarter trading in line with expectations,
Tue 16 Jan 2024 16:08
(Sharecast News) - Data, services and software company 4Global has secured two contracts in the Kingdom of Saudi Arabia (KSA), it announced on Tuesday, totalling over £0.8m in combined value.
Tue 16 Jan 2024 16:03
(Sharecast News) - Bradda Head Lithium unveiled the final results from its core drilling operations at the San Domingo Central target area in Arizona on Tuesday.
Tue 16 Jan 2024 15:18
(Sharecast News) - Diageo said on Tuesday that it has agreed to resolve all disputes with Sean Combs, after the rapper accused the drinks company of racism and of neglecting their business agreements regarding the Ciroc Vodka and DeLeon Tequila brands.
Tue 16 Jan 2024 14:55
(Sharecast News) - JP Morgan Chase subsidiary, JPMorgan Securities agreed to pay an $18m penalty, it emerged on Tuesday, in response to allegations of violating whistleblower protection regulations by the US Securities and Exchange Commission (SEC).
Tue 16 Jan 2024 14:30
(Sharecast News) - Executive search and interim management company Norman Broadbent said in a trading update on Tuesday that it saw significant growth in the fourth quarter of 2023, with group net fee income (NFI) rising 13% year-on-year to £2.6m.
Tue 16 Jan 2024 14:22
(Sharecast News) - Eastern Europe-focussed pizza takeaway operator DP Poland reported a record-breaking year in a trading update on Tuesday, with the fourth quarter of 2023 being the strongest in its history.
Tue 16 Jan 2024 14:14
(Sharecast News) - Technology training company Northcoders announced the successful securing of additional funding through the Department for Education's Skills Bootcamp Dynamic Purchasing System 2 bid (DPS) on Tuesday.
Tue 16 Jan 2024 14:10
(Sharecast News) - Georgia-focussed developer and producer Block Energy unveiled a significant carbon capture and storage (CCS) opportunity within Block XIB on Tuesday.
Tue 16 Jan 2024 14:05
(Sharecast News) - N4 Pharma announced a significant development through its subsidiary Nanogenics on Tuesday, after Nanogenics inked a contract to initiate the formulation and sequence selection work for its ECP105 product, aimed at pre-clinical studies at King's College, London.
Tue 16 Jan 2024 14:05
(Sharecast News) - Superdry shares tumbled on Tuesday following a report the fashion retailer has enlisted one of the big four accountancy firms to advise on its finances in the wake of a pre-Christmas profit warning.
Tue 16 Jan 2024 13:19
(Sharecast News) - Morgan Stanley reported a slide in fourth-quarter income on Tuesday, as costs in its core wealth management division jumped.
Tue 16 Jan 2024 13:16
(Sharecast News) - Chip design software maker Synopsys said on Tuesday that it has agreed to buy Ansys in a $35bn cash and share deal.
Tue 16 Jan 2024 13:13
(Sharecast News) - Investment bank Goldman Sachs reported fourth-quarter results that topped Wall Street expectations on Tuesday, driven by better-than-expected asset and wealth management revenues.
Tue 16 Jan 2024 13:08
(Sharecast News) - Waste-to-fuel specialist Eqtec announced approval from Banca del Fucino, a historic private banking group based in Rome, to draw down a €2.9m loan facility on Tuesday.
Tue 16 Jan 2024 12:39
(Sharecast News) - Fintech payments specialist Equals Group said in a trading update on Tuesday that its unaudited figures for 2023 showed full-year revenue of £95.5m, representing a substantial 37% increase compared to the prior financial year.
Tue 16 Jan 2024 11:49
(Sharecast News) - Jefferies has upgraded Persimmon and cut its rating on Crest Nicholson following a review of UK housebuilders.
Tue 16 Jan 2024 11:32
(Sharecast News) - South Africa and Tanzania-focused diamond miner Petra said it remains on track to hit its full-year production guidance and reported "encouraging" signs of a recovery in prices after a tough year for the industry.
Tue 16 Jan 2024 11:31
(Sharecast News) - RBC Capital Markets initiated coverage of Premier Foods on Tuesday with an 'outperform' rating as it said the shares are materially undervalued even after recent strong performance.
Tue 16 Jan 2024 11:09
(Sharecast News) - City brokers Panmure Gordon and Liberum are to merge, it was announced on Tuesday.
Tue 16 Jan 2024 10:36
(Sharecast News) - Shares in Hugo Boss plunged on Tuesday as the German fashion brand's fourth-quarter earnings missed expectations, despite a sharp rise in sales.
Tue 16 Jan 2024 10:23
(Sharecast News) - Shell said on Tuesday that it has agreed to sell its Nigerian onshore subsidiary, SPDC, to local consortium Renaissance for up to $2.4bn.
Tue 16 Jan 2024 10:23
(Sharecast News) - Semiconductor company IQE said on Tuesday that full-year sales had surged in 2023, driven by a strong second-half performance.
Tue 16 Jan 2024 10:10
(Sharecast News) - Wise lifted its full-year guidance on Tuesday, boosted by a jump in active customers during the third quarter.
Tue 16 Jan 2024 09:54
(Sharecast News) - JPMorgan Cazenove downgraded Rightmove on Tuesday to 'underweight' from 'neutral' and cut the price target to 493p from 585p as it pointed to higher R&D and opex spend.
Tue 16 Jan 2024 09:49
(Sharecast News) - Berenberg has upgraded its rating for motor insurance group Direct Line from 'hold' to 'buy', saying that the stock's current price presents a buying opportunity.
Tue 16 Jan 2024 09:34
(Sharecast News) - Jefferies downgraded Moneysupermarket on Tuesday to 'hold' from 'buy' and slashed the price target to 265p from 305p.
Tue 16 Jan 2024 09:33
(Sharecast News) - Unified communications-as-a-service (UCaaS) provider Gamma Communications said in an update on Tuesday that it expected to report robust year-on-year growth in both adjusted EBITDA and adjusted earnings per share for 2023, in line with the increased market consensus following its 2023 interim results in September.
Tue 16 Jan 2024 09:25
(Sharecast News) - IntegraFin said in an update on Tuesday that, despite challenging market conditions, it saw solid growth in the first quarter of the 2024 financial year, with continued momentum in various key areas.
Tue 16 Jan 2024 09:25
(Sharecast News) - Cab Payments Holdings said it had seen a 25% jump in full-year income on Tuesday, marginally ahead of expectations.
Tue 16 Jan 2024 09:06
(Sharecast News) - McBride said on Tuesday that first-half adjusted operating profit is set to be slightly ahead of its expectations, but also cautioned over supply chain volatility and ongoing inflationary pressures.
Tue 16 Jan 2024 09:02
(Sharecast News) - Analysts at Berenberg lowered aerospace and defence giant Rolls-Royce to 'sell' from 'hold' on Tuesday, citing an unfavourable risk/reward scenario, but marked up their target price on the stock from 100.0p to 240.0p.
Tue 16 Jan 2024 09:00
(Sharecast News) - Greeting cards retailer Card Factory said on Tuesday that full-year adjusted pre-tax profits were expected to be at the top of market expectations as a result of "positive momentum" across the business.
Tue 16 Jan 2024 08:53
(Sharecast News) - Shares in Cairn Homes rose strongly on Tuesday after the Irish housebuilder predicted a 30% jump in revenues and profits this year as its forward order book more than doubled.
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