News Archive

Hutchmed partner Takeda gets Japanese approval for Fruzaqla

24th Sep 2024 11:06

(Sharecast News) - Hutchmed China announced on Tuesday that its partner Takeda has received approval from the Japanese Ministry of Health, Labour and Welfare (MHLW) to manufacture and market 'Fruzaqla', or fruquintinib, for the treatment of previously-treated metastatic colorectal cancer (CRC).

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London midday: Stocks stay up as miners rally on China stimulus

24th Sep 2024 10:41

(Sharecast News) - London stocks were still in the black by midday on Tuesday, with miners pacing the gains after China unveiled new stimulus measures.

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Revenue rises but earnings fall as HSS Hire removes guidance

24th Sep 2024 10:41

(Sharecast News) - HSS Hire Group reported first-half revenue growth of 3.2% on Tuesday, to £170.8m, although its earnings fell, and the board withdrew its guidance amid an operational restructure.

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Asia report: Markets jump as PBoC announces series of easing measures

24th Sep 2024 10:31

(Sharecast News) - Stock markets in the Asia-Pacific region were led by a surge in mainland China on Tuesday, marking their best day in over four years.

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RS Group ups cash conversion target as it outlines strategy

24th Sep 2024 10:31

(Sharecast News) - RS Group said on Tuesday that it had identified around 150 basis points of additional cost efficiencies, which would contribute to achieving its medium-term target of mid-teen operating profit margins.

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German business sentiment deteriorates more than expected - Ifo

24th Sep 2024 10:23

(Sharecast News) - German business sentiment deteriorated more than expected in September, according to a survey released on Tuesday by the Ifo Institute.

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Zigup maintains forecasts as new vehicle supply improves

24th Sep 2024 10:16

(Sharecast News) - Commercial vehicle rental provider Zigup reported significant improvements in new vehicle supply in an update on Tuesday, bolstering its fleet replacement plans amid robust demand for light commercial vehicles (LCVs).

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Canaccord Genuity starts Personal Group at 'buy'

24th Sep 2024 10:08

(Sharecast News) - Canaccord Genuity has initiated coverage on workforce benefits and health insurance provider Personal Group on Tuesday with a 'buy' rating and 209.0p target price.

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Berenberg lowers target price on Essentra following unscheduled trading update

24th Sep 2024 10:07

(Sharecast News) - Analysts at Berenberg lowered their target price on essential components manufacturer Essentra from 255.0p to 200.0p on Tuesday, citing a weak market backdrop.

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Boeing makes 'best and final' offer to striking workers

24th Sep 2024 09:58

(Sharecast News) - The International Association of Machinists and Aerospace Workers called out Boeing after the aircraft manufacturer made its "best and final" offer to striking Boeing workers.

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GSK meningococcal vaccine receives EMA recommendation

24th Sep 2024 09:46

(Sharecast News) - Pharmaceutical and biotechnology company GSK said on Tuesday that the European Medicine Agency has recommended meningococcal vaccine for use against certain bacteria groups.

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Card Factory posts drop in interim profit, shares slide

24th Sep 2024 09:28

(Sharecast News) - Card Factory tumbled on Tuesday as it posted a decline in first-half profit, partly due to increases in the national living wage.

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3i Group sees 'good overall performance' YTD

24th Sep 2024 09:21

(Sharecast News) - Venture capital firm 3i Group said on Tuesday that it had seen a "good overall performance" across both its private equity and infrastructure portfolios so far this year despite trading against a "weak economic backdrop".

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NewRiver agrees £147m takeover of Capital & Regional

24th Sep 2024 09:11

(Sharecast News) - NewRiver REIT announced a recommended cash and share offer to acquire Capital & Regional on Tuesday, in a deal valued at £147m.

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BoE governor Bailey expects rates to fall further as inflation slows

24th Sep 2024 08:53

(Sharecast News) - Bank of England governor Andrew Bailey on Tuesday predicted that interest rates will settle at a "neutral rate", with inflation having come down "a long way".

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