News Archive

Diaceutics reports progress with rare-disease offerings

27th Aug 2024 12:24

(Sharecast News) - Diaceutics announced a significant enhancement to its rare-disease offerings on Tuesday, leading to the acquisition of a new contract aimed at supporting the commercialisation of a rare-disease therapy.

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Belluscura shares surge on strong sales momentum, improved outlook

27th Aug 2024 12:03

(Sharecast News) - Belluscura, a developer of lightweight and portable oxygen enrichment technology, reported strong sales momentum and an optimistic trading outlook on Tuesday, as it prepared for the full commercial launch of its new 'DISCOV-R' portable oxygen concentrator.

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Wednesday preview: Fedspeak, Prudential in focus

27th Aug 2024 11:58

(Sharecast News) - The economic calendar on Wednesday will be sparse with only a smattering of risk events for investors to keep tabs on.

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JD.com unveils $5bn, 36-month share buyback plans

27th Aug 2024 11:30

(Sharecast News) - Chinese e-commerce giant JD.com unveiled a new $5bn share buyback programme on Tuesday, set to begin in September and extend over the next 36 months.

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Europe midday: Markets rangebound after recent gains

27th Aug 2024 11:24

(Sharecast News) - European stocks were rangebound on Tuesday as equity markets continued to pause for breath following the recent rally, which saw the Stoxx 600 rise more than 6% over the past three weeks.

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Plus500 kicks off fresh $110m share buyback

27th Aug 2024 11:13

(Sharecast News) - Multi-asset fintech firm Plus500 announced the launch of a share buyback programme valued at up to $110m on Tuesday.

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London midday: Stocks stay up as Bunzl surges

27th Aug 2024 11:05

(Sharecast News) - London stocks were still firmer by midday on Tuesday, with Bunzl surging ahead after a profit upgrade.

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US pre-open: Futures lower following Dow's record close

27th Aug 2024 11:01

(Sharecast News) - Wall Street futures were in the red ahead of the bell on Tuesday after the Dow Jones registered a fresh record close in the previous session.

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Jefferies keeps 'underperform' rating on Bunzl despite strong H1

27th Aug 2024 10:56

(Sharecast News) - Bunzl shares surged to an all-time high on Tuesday after a stronger-than-expected set of half-year results and a new share buyback programme, but that wasn't enough to change Jefferies' negative view on the stock.

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Deutsche Bank downgrades Primark owner AB Foods to 'sell'

27th Aug 2024 10:23

(Sharecast News) - Associated British Foods slumped on Tuesday as Deutsche Bank downgraded its rating on shares of the Primark owner to 'sell' from 'hold' and cut the price target to 2,190p from 2,290p.

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Bridgepoint acquires Hobbycraft for undisclosed sum

27th Aug 2024 10:22

(Sharecast News) - Fund manager Bridgepoint Capital has disposed of British arts and crafts retailer Hobbycraft to investment group Modella Capital for an undisclosed sum.

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Ryanair no longer sees risk of double-digit average fare reductions

27th Aug 2024 10:13

(Sharecast News) - Budget carrier Ryanair said on Tuesday that it no longer sees a risk of average fares falling by double-digit percentages and that a more moderate 5% fall "looks reasonably accurate" for the all-important three months ending September.

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Berenberg raises target price on Flutter following 'exceptional' Q2 results

27th Aug 2024 10:00

(Sharecast News) - Analysts at Berenberg raised their target price on bookmaker Flutter from 18,600.0p to 18,800.0p on Tuesday following the group's "exceptional" second-quarter results.

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Bronfman withdraws bid for Paramount, making way for Skydance deal

27th Aug 2024 09:45

(Sharecast News) - Edgar Bronfman Jr officially withdrew his bid to acquire Paramount Global on Tuesday, effectively clearing the way for Skydance Media to take control of the company.

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Woodside Energy H1 interim profits slide

27th Aug 2024 09:40

(Sharecast News) - Exploration and production firm Woodside Energy shares advanced on Tuesday despite posting a decline in interim profits as a result of lower prices for liquefied gas.

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