News Archive

Europe midday: Shares in cautious mood ahead of Fed rate call

18th Sep 2024 11:48

(Sharecast News) - European shares stayed in the red at midday on Wednesday as all focus remained on the US Federal Reserve's expected rate cut later in the day.

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Transense chosen as key partner on UK EV development programme

18th Sep 2024 11:42

(Sharecast News) - Automotive and aerospace sensor technology specialist Transense Technologies announced on Wednesday that it has been chosen as a key partner in an ambitious £11m electric vehicle (EV) research and development programme.

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Thursday preview: BoE, Close Brothers Group in focus

18th Sep 2024 11:40

(Sharecast News) - The market spotlight on Thursday will be firmly on the Bank of England as rate-setters meet to decide on policy.

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US pre-open: Stocks cautiously higher ahead of FOMC decision

18th Sep 2024 11:36

(Sharecast News) - Wall Street futures were slightly higher ahead of the bell on Wednesday as market participants looked ahead to the outcome of the Federal Reserve's two-day policy meeting.

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Goldman Sachs downgrades Hiscox, upgrades Lancashire

18th Sep 2024 11:35

(Sharecast News) - Goldman Sachs has downgraded non-life insurer Hiscox and upgraded sector peer Lancashire as part of its review of the European insurance sector.

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1Spatial wins 'major multi-year contract' with French authority

18th Sep 2024 11:35

(Sharecast News) - Software and solutions business 1Spatial has secured a major multi-year contract renewal with a National Public Authority in France, valued at €1.5m over four years.

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MPAC acquires US robotic automation and conveyor solutions business

18th Sep 2024 11:27

(Sharecast News) - Packaging company MPAC has agreed to acquire American robotic automation and conveyor solutions business Boston Conveyor & Automation from Jim Laverdiere in a deal worth $17.0m.

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88 Energy announces increased resource at Project Phoenix

18th Sep 2024 11:18

(Sharecast News) - 88 Energy reported a major milestone at Project Phoenix in Alaska on Wednesday, announcing a significant increase in contingent resources independently verified by ERCE Australia.

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AFC Energy launches Hymatec ammonia cracking subsidiary

18th Sep 2024 11:07

(Sharecast News) - AFC Energy, a provider of hydrogen power generation technologies, announced the launch of Hyamtec on Wednesday - a wholly-owned subsidiary established to commercialise the company's next-generation distributed ammonia cracking technology.

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London midday: Stocks fall further as investors eye Fed; IHG jumps on upgrade

18th Sep 2024 10:57

(Sharecast News) - London stocks had fallen further into the red by midday on Wednesday as investors mulled the latest UK inflation reading and looked ahead to a policy announcement from the US Federal Reserve.

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LBG Media reports solid first-half growth

18th Sep 2024 10:54

(Sharecast News) - Young adult-focussed digital entertainment company LBG Media reported a 55% increase in total first-half group revenue on Wednesday, to £42.3m, up from £27.3m in the same period last year.

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Eurozone inflation confirmed at 2.2% in August

18th Sep 2024 10:25

(Sharecast News) - Inflation in the eurozone fell to 2.2% in August from 2.6% a month earlier and confirming a flash estimate two weeks ago, according to official data published by the European Union on Wednesday.

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UK house prices push higher for fifth month in a row

18th Sep 2024 10:10

(Sharecast News) - UK house prices rose for the fifth successive month in July, official data showed on Wednesday, as the market continued to bounce back.

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Citi upgrades Hammerson to 'buy'

18th Sep 2024 10:08

(Sharecast News) - Citi upgraded Hammerson to 'buy' from 'neutral' on Wednesday and lifted the price target to 43p from 26p, saying it was entering a "new positive up cycle".

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Strix reports decent first half but warns of Q3 weakness

18th Sep 2024 10:07

(Sharecast News) - Kettle control and water filtration technology specialist Strix Group reported adjusted revenue of £67.2m for its first half on Wednesday, marking a 3.5% increase at constant exchange rates, though it warned of a weaker third-quarter performance.

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