News Archive

Europe close: Markets mostly higher, luxury stocks fall in Paris

27th Aug 2024 15:49

(Sharecast News) - After a brief stint in negative territory, European stocks inched higher on Tuesday with the Stoxx 600 resuming its recent upward trajectory, though gains were only modest.

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Britvic shareholders approve £3.3bn Carslberg takeover

27th Aug 2024 15:49

(Sharecast News) - Britvic edged a step closer to being taken over by Danish brewer Carlsberg on Tuesday.

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US consumer confidence beats forecasts, but labour market outlook worsens

27th Aug 2024 14:59

(Sharecast News) - Consumer confidence in the US rose more than expected this month, but still remained within a narrow range that has prevailed over the past two years.

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FTSE 250 movers: Wizz flies higher; housebuilders fall

27th Aug 2024 14:22

(Sharecast News) - London's FTSE 250 was flat at 21,188.97 in afternoon trade on Tuesday.

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Protein shake maker Applied Nutrition preparing for London IPO

27th Aug 2024 14:15

(Sharecast News) - JD Sports-based Applied Nutrition has confirmed plans for a potential initial public offering in London that could value the sports supplements and protein shake maker at £500m.

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US home price growth continues to outpace inflation in June

27th Aug 2024 14:15

(Sharecast News) - US home price growth continued to outpace inflation in June, according to the S&P/Case Shiller US home price index, rising 0.4% month-on-month.

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US open: Stocks mixed following Dow's record close

27th Aug 2024 14:14

(Sharecast News) - Wall Street stocks were mixed early on Tuesday after the Dow Jones registered a fresh record close in the previous session.

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FTSE 100 movers: Bunzl surges; housebuilders slump

27th Aug 2024 14:06

(Sharecast News) - London's FTSE 100 was up 0.3% at 8,354.72 in afternoon trade on Tuesday.

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Next shop workers win landmark equal pay case

27th Aug 2024 14:02

(Sharecast News) - Shop workers at high-street retailer Next won a landmark legal victory on Tuesday, after a six-year battle for equal pay, potentially leading to over £30m in compensation.

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Goldplat profitability improves in fourth quarter

27th Aug 2024 13:28

(Sharecast News) - South Africa and Ghana-focussed gold recovery specialist Goldplat announced a substantial increase in fourth-quarter profitability on Tuesday.

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Faron Pharmaceuticals candidate gets FDA fast track designation

27th Aug 2024 13:00

(Sharecast News) - Clinical-stage biopharmaceutical company Faron Pharmaceuticals announced on Tuesday that its lead candidate, bexmarilimab, has been granted fast track designation by the US Food and Drug Administration (FDA), for the treatment of relapsed or refractory myelodysplastic syndrome (r/r MDS) in combination with azacitidine.

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Jefferies reiterates positive stance on UK housebuilders

27th Aug 2024 12:53

(Sharecast News) - Jefferies reiterated its positive stance on UK housebuilders on Tuesday, saying it still sees considerable upside potential to share prices from the improving rate environment and government changes to planning.

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Prospex acquires 7.5pc stake in Viura gas field

27th Aug 2024 12:42

(Sharecast News) - Prospex Energy, an investment company focused on European gas and power projects, announced the successfully completed acquisition of a 7.5% stake in Heyco Energy Iberia (HEI) on Tuesday, the majority owner of the Viura gas field in northern Spain.

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RUA Life Sciences reports strong start to financial year

27th Aug 2024 12:33

(Sharecast News) - RUA Life Sciences, a medical device company specialising in implantable textiles and biostable polymers, reported a strong start to its financial year on Tuesday, with trading in the first four months exceeding management expectations.

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Shield Therapeutics iron deficiency treatment approved in Canada

27th Aug 2024 12:28

(Sharecast News) - Commercial-stage pharmaceutical company Shield Therapeutics announced on Tuesday that 'ACCRUFeR', or ferric maltol, had been approved by Health Canada as a prescription drug for the treatment of adults with iron deficiency anaemia (IDA).

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