News Archive

US consumer confidence slips in April, inflation expectations highest since 1981

11th Apr 2025 14:16

(Sharecast News) - Consumer confidence in the US worsened again as short-term inflation expectations hit their highest level in nearly half a century, the results of a closely followed survey revealed.

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FTSE 100 movers: Fresnillo shines; BP gushes lower

11th Apr 2025 14:01

(Sharecast News) - London's FTSE 100 was up 0.6% at 7,961.58 in afternoon trade on Friday.

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JP Morgan posts better-than-expected Q1 profit, but Dimon cautious

11th Apr 2025 13:57

(Sharecast News) - JP Morgan reported solid growth on both its top and bottom lines for the first quarter.

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US open: Stocks higher amid ongoing trade tensions

11th Apr 2025 13:46

(Sharecast News) - Major indices were in the green early on Friday as Donald Trump's ongoing trade war with China continued to escalate.

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Heathrow passenger numbers fall after power outage, seasonal holidays

11th Apr 2025 13:45

(Sharecast News) - Heathrow's passenger numbers were lower in March compared with a year earlier, which the airport blamed on the timing of seasonal holidays and a power outage that resulted in the cancellation of hundreds of flights.

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US producer prices decline unexpectedly in March

11th Apr 2025 13:34

(Sharecast News) - Wholesale prices in the States undershot market forecasts last month, partly as a result of a decline in energy costs.

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Urban Logistics REIT confirms takeover approach from LondonMetric

11th Apr 2025 12:52

(Sharecast News) - Urban Logistics REIT confirmed on Friday that it has received a preliminary, indicative takeover proposal from LondonMetric.

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Kistos earnings narrow amid ongoing capital spend

11th Apr 2025 12:23

(Sharecast News) - Kistos posted adjusted EBITDA of $95m for the year ended 31 December on Friday, down from $130m in 2023, reflecting lower earnings amid ongoing capital investment.

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Vertu Motors appoints broker for next phase of buyback programme

11th Apr 2025 12:10

(Sharecast News) - Vertu Motors announced the appointment of Stifel Nicolaus Europe to manage the next phase of its £12m share buyback programme during the upcoming closed period on Friday, from 14 April to 13 May.

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XLMedia proposes £11m tender offer ahead of share suspension

11th Apr 2025 12:00

(Sharecast News) - XLMedia announced a proposed return of up to £11m to shareholders via a tender offer on Friday, marking a second and final distribution from the proceeds of its business disposals.

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Oracle Power shares jump after it reports more drilling results

11th Apr 2025 11:55

(Sharecast News) - Oracle Power reported additional assay results from its reverse circulation drill programme at the Northern Zone gold project in Western Australia on Friday, confirming further high-grade intercepts within a broader lower-grade mineralised envelope.

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Catenai raises £0.75m, plans investments in Alludium

11th Apr 2025 11:49

(Sharecast News) - Catenai announced a £0.75m fundraise on Friday, through the issue of 500 million new shares at 0.15p each, conditional on shareholder approval and a proposed share capital reorganisation to be voted on at its annual general meeting in May.

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Unite slams SSE's renewables job cuts as 'cynical'

11th Apr 2025 11:36

(Sharecast News) - The Unite union has labelled SSE's planned job cuts from its renewables division as a "cynical attempt" to raise profitability.

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URU Metals upbeat on Zebediela geophysical survey

11th Apr 2025 11:33

(Sharecast News) - URU Metals announced the completion of a high-resolution airborne geophysical survey over its Zebediela project in South Africa on Friday, significantly advancing its geological understanding of the nickel-copper-PGE asset.

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US pre-open: Futures higher as tariffs remain in focus

11th Apr 2025 11:07

(Sharecast News) - Wall Street futures were cautiously higher ahead of the bell on Friday as Donald Trump's ongoing trade war with China continued to escalate.

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