News Archive

Galileo completes phase three drilling at Shinganda

3rd Oct 2024 12:36

(Sharecast News) - Galileo Resources updated the market on its drilling activities at the Shinganda Licence in central west Zambia on Thursday.

Read more

FW Thorpe posts strong set of full-year results

3rd Oct 2024 12:24

(Sharecast News) - Professional lighting system designer and manufacturer FW Thorpe reported a solid set of full-year results on Thursday.

Read more

Supermarket Income declares quarterly dividend, suspends scrip alternative

3rd Oct 2024 12:17

(Sharecast News) - Supermarket Income REIT declared an interim dividend of 1.53p per share on Thursday, for the period from 1 July to 30 September.

Read more

Syncona commits £63.5m to Resolution Therapies

3rd Oct 2024 12:14

(Sharecast News) - Syncona announced on Thursday that it has committed £63.5m in series B financing to Resolution Therapeutics, a portfolio company focused on macrophage therapy for inflammatory and fibrotic diseases.

Read more

Diageo scraps sale of Pimm's - report

3rd Oct 2024 12:13

(Sharecast News) - Drinks giant Diageo has scrapped a potential sale of Pimm's, it was reported on Thursday, after it failed to strike a deal.

Read more

Vp flags steady but subdued half-year, acquires 80pc of CPH

3rd Oct 2024 12:09

(Sharecast News) - Specialist equipment rental company Vp reported a steady half-year performance on Thursday, despite challenging macroeconomic conditions, as it announced the acquisition of a majority interest in CPH.

Read more

Atrato Onsite to sell solar portfolio, seek voluntary liquidation

3rd Oct 2024 11:58

(Sharecast News) - Atrato Onsite Energy announced on Thursday that it has agreed to sell its entire portfolio of solar assets for £218.7m to a joint venture between Brookfield and RAIM Apollo.

Read more

Residential Secure Income proposes managed wind-down

3rd Oct 2024 11:50

(Sharecast News) - Residential Secure Income (ReSI) announced a proposed managed wind-down and portfolio realisation on Thursday, following a thorough review aimed at maximising shareholder value.

Read more

Europe midday: Middle East jitters, weak services PMI send Stoxx lower

3rd Oct 2024 11:49

(Sharecast News) - European shares were lower on Thursday as Israel's continuing attacks on Lebanon, and fears of regional conflict escalation hit investor sentiment.

Read more

CMA orders Topps Tiles to keep CTD acquisition at arm's length during probe

3rd Oct 2024 11:45

(Sharecast News) - Topps Tiles updated the market regarding its recent acquisition of CTD Tiles, which included 30 stores, selected stock, and intellectual property for £9m, on Thursday.

Read more

US jobless claims increase by 6,000

3rd Oct 2024 11:39

(Sharecast News) - Americans lined up for unemployment benefits at an accelerated clip in the week ended 28 September, according to the Department of Labor.

Read more

London midday: FTSE stays up as housebuilders rally, pound slides

3rd Oct 2024 11:22

(Sharecast News) - London stocks were still up by midday on Thursday, helped by a weaker pound and strength in the housebuilding sector, but investors remained cautious overall as the conflict in the Middle East continued to escalate, with all eyes on Israel's next move.

Read more

US pre-open: Futures point to losses amid escalating tensions in the Middle East

3rd Oct 2024 11:20

(Sharecast News) - Wall Street futures were in the red ahead of the bell on Thursday amid heightened tensions in the Middle East and a looming September payrolls report.

Read more

OpenAI raises $6.6bn in latest funding round

3rd Oct 2024 11:17

(Sharecast News) - OpenAI reaffirmed its position as one of the world's most valuable start-ups on Thursday, after the artificial intelligence specialist raised $6.6bn in new funding.

Read more

Stifel cuts Burberry price target, sales forecasts

3rd Oct 2024 11:04

(Sharecast News) - Burberry was under the cosh on Thursday as Stifel cut its price target on the shares to 720p from 800p and reduced its FY25 and FY26 sales forecasts by 8% and 10%, respectively.

Read more