News Archive
Proteome Sciences swings to EBITDA loss, CEO steps down
13th Sep 2024 12:02
(Sharecast News) - Proteome Sciences announced a significant drop in first-half revenue and profit on Friday, alongside the departure of its chief executive.
Read moreShire Foods drives robust first half for Volvere
13th Sep 2024 11:56
(Sharecast News) - Growth and turnaround investment company Volvere reported robust unaudited interim results for the six months ended 30 June on Friday.
Read moreRBC hikes Travis Perkins targets, paints upbeat outlook
13th Sep 2024 11:43
(Sharecast News) - RBC Capital Markets has hiked its target price for Travis Perkins by more than a fifth, saying the builders merchant is well positioned ahead of the arrival of a new chief executive and chair-designate.
Read morePwC China fined over Evergrande auditing failures
13th Sep 2024 11:38
(Sharecast News) - PwC China has been fined nearly £50m for auditing failures relating to collapsed property developer Evergrande Group, it was announced on Friday.
Read moreEuropa Oil opts not to extend Serenity licence
13th Sep 2024 11:23
(Sharecast News) - Europa Oil & Gas, an company focussed on oil and gas exploration, development, and production in the UK, Ireland and West Africa, announced on Friday that it would not apply for an extension of the Serenity licence, P2358.
Read moreTriple Point Social Housing reports strong first-half earnings growth
13th Sep 2024 11:14
(Sharecast News) - Triple Point Social Housing reported a significant increase in adjusted earnings per share and robust rental growth across its portfolio in its first-half results on Friday.
Read moreLondon midday: Stocks stay up amid US rate cut hopes
13th Sep 2024 10:50
(Sharecast News) - London stocks were still in the black by midday on Friday, with sentiment underpinned by US rate cut hopes, although gains were unspectacular in quiet trade.
Read moreEurope midday: Shares, gold rise on Fed bets; Worldline tanks
13th Sep 2024 10:49
(Sharecast News) - European shares opened higher on Friday as the betting increased on a larger-than-expected US interest rate cut in US, a day after the European Central Bank trimmed its benchmark, while gold prices were also driven to a record high.
Read moreQatar sovereign wealth fund wants to raise stake in Iberdrola past 10%
13th Sep 2024 10:30
(Sharecast News) - Qatar's sovereign wealth fund has told authorities in Madrid that it wishes to raise its stake in Iberdrola past 10%.
Read moreEurozone industrial production falls as expected
13th Sep 2024 10:22
(Sharecast News) - Industrial output in the eurozone fell as expected in July, with further weakness expected into the second half of the year as the manufacturing sector across the region continues to struggle.
Read moreUK inflation expectations reach three-year low
13th Sep 2024 09:52
(Sharecast News) - The British public's expectations for inflation have eased to a three-year low, a Bank of England survey showed on Friday.
Read moreWynnstay CEO Davies steps down
13th Sep 2024 09:44
(Sharecast News) - Agricultural supplies company Wynnstay said on Friday that Gareth Davies has stepped down from his role as chief executive "as he continues to focus on a serious family matter" but will remain on the board of directors.
Read moreEx-NY Fed chief Dudley says he'd go for 50bp cut on 8 September
13th Sep 2024 09:39
(Sharecast News) - A former top US central bank official said the size of the Federal Reserve's first interest rate cut in the current cycle was still up in the air.
Read moreUS pre-open: Futures point to further gains as markets eye rate cuts
13th Sep 2024 09:27
(Sharecast News) - US stock futures were pointing to more gains on Wall Street on Friday, with the S&P 500 and Nasdaq set for their fifth straight session in positive territory ahead of next week's anticipated rate cut by the Federal Reserve.
Read moreAsia report: ASX 200 nears all-time high on mixed day for region
13th Sep 2024 08:55
(Sharecast News) - Asia-Pacific markets closed mixed on Friday as mainland Chinese stocks fell to their lowest levels since 2019, while Australian shares edged closer to an all-time high.
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