News Archive

Mkango reports progress at Tyseley facility

6th Mar 2025 13:09

(Sharecast News) - Mkango Resources reported significant progress in the construction of its rare earth magnet recycling and manufacturing facility at Tyseley Energy Park in the UK on Thursday.

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Poundland owner mulling possible sale of Poundland

6th Mar 2025 12:39

(Sharecast News) - Poundland owner Pepco Group is considering a sale of the UK discount retailer as it struggled with a weak economic environment and recent government budget measures.

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Friday preview: All eyes on US February non-farm payrolls, Powell

6th Mar 2025 12:36

(Sharecast News) - All eyes at the end of the week will be on the US non-farm payrolls report for the month of February.

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Hunting sees full-year profit jump by half, opens door to acquisitions

6th Mar 2025 12:34

(Sharecast News) - Hunting saw its full-year profits jump by half, saw its free cash flow swing sharply back into the black and opened the door to potential acquisitions.

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Kenmare Resources rejects takeover proposal from founder, shares surge

6th Mar 2025 12:32

(Sharecast News) - Kenmare Resources surged on Thursday as it confirmed it had rejected a 530p a share takeover proposal from a consortium led by Oryx Global Partners and former managing director and founder Michael Carvill.

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EU leaders agree to massive rise in defence spending

6th Mar 2025 12:32

(Sharecast News) - European leaders have agreed to a massive rise in defence spending at an emergency summit in Brussels after US President Donald Trump cut off military aid and stopped intelligence sharing with Ukraine.

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Barclays to pay compensation over three-day IT outage

6th Mar 2025 12:20

(Sharecast News) - Barclays expects to pay out up to £7.5m in compensation, it emerged on Thursday, after an IT outage left customers without access to online banking for three days.

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Macy's Q4 earnings better than expected, FY guidance disappoints

6th Mar 2025 12:20

(Sharecast News) - US retailer Macy's posted better-than-expected quarterly earnings on Thursday but issued downbeat sales and profit guidance for FY25.

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Nativo inks option deal to possibly re-mine Peru tailings deposit

6th Mar 2025 12:16

(Sharecast News) - Nativo Resources announced on Thursday that it has signed an option agreement through its 50%-owned Peruvian joint venture, Boku Resources SAC, to evaluate the potential recovery of gold and silver from the Toma La Mano tailings deposit in Peru.

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US pre-open: Futures lower as Trump's tariffs remain in focus

6th Mar 2025 11:45

(Sharecast News) - Wall Street futures were in the red ahead of the bell on Thursday amid ongoing uncertainty regarding Donald Trump's latest tariff announcements.

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London midday: FTSE extends losses; ECB eyed

6th Mar 2025 11:35

(Sharecast News) - London stocks had fallen further by midday on Thursday, weighed down by some disappointing corporate results and a number of large names going ex-dividend.

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Eurozone retail sales continue to struggle

6th Mar 2025 11:33

(Sharecast News) - Retail sales fell in the Eurozone in January, official data showed on Thursday, as the European economy struggled to gain momentum.

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Europe midday: Stoxx slips into the red as retail sales disappoint

6th Mar 2025 11:02

(Sharecast News) - European markets slipped into the red on Thursday amid another earnings dump as investors eyed an emergency meeting of European leaders to discuss the war in Ukraine, a monetary policy decision from the European Central Bank and weak eurozone retail sales data.

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Vesuvius adopts cautious outlook as sales, profits weaken

6th Mar 2025 10:43

(Sharecast News) - Vesuvius adopted a cautious stance on Thursday, after it warned that the introduction of tariffs on an already under-pressure global steel market could curb profits.

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Lancashire flags possibility of further disasters after tough year

6th Mar 2025 10:40

(Sharecast News) - Lancashire Holdings reported a profit after tax of $321.3m in its 2024 final results on Thursday, and a 23.4% increase in diluted book value per share.

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