News Archive
Macy's lowers full-year sales guidance despite Q2 earnings beat
21st Aug 2024 13:10
(Sharecast News) - Shares in US department store retailer Macy's were sliding early on Wednesday, after it reported better-than-expected second-quarter earnings despite a drop in sales, and revised its full-year guidance downwards.
Read moreCMA cans Apple, Google app market probes ahead of new regulation
21st Aug 2024 13:04
(Sharecast News) - The Competition and Markets Authority (CMA) has closed its investigations into Google's Play Store and Apple's App Store, it announced on Wednesday, shifting its focus to the forthcoming digital markets competition regime.
Read moreGalileo starts fresh drilling programme at Shinganda
21st Aug 2024 12:57
(Sharecast News) - Galileo Resources announced the start of phase three reverse circulation (RC) drilling on its Shinganda Licence in central western Zambia on Wednesday.
Read moreRevenue steady, profits rise for MTI Wireless Edge
21st Aug 2024 12:54
(Sharecast News) - Communications and radio frequency technology specialist MTI Wireless Edge reported steady revenue and notable improvements in profitability in its interim results on Wednesday.
Read moreURU upbeat as Zeb Nickel secures environmental authorisation
21st Aug 2024 12:50
(Sharecast News) - URU Metals announced on Wednesday that its associate company Zeb Nickel has secured an integrated environmental authorisation from the South African Department of Minerals and Petroleum Resources (DMPR) for the Zeb Nickel Project in Limpopo Province.
Read moreUK Oil & Gas strikes lease deal for Dorset hydrogen storage site
21st Aug 2024 12:46
(Sharecast News) - UK Oil & Gas announced the execution of a heads of terms agreement for a 60-year lease on land and subsurface mineral rights on Wednesday, for a second underground hydrogen storage facility in south Dorset.
Read moreBase Resources merger clears Australian regulatory hurdle
21st Aug 2024 12:43
(Sharecast News) - Base Resources announced a significant development in its proposed merger with Energy Fuels on Wednesday.
Read morePebble Beach revenue slips, profits improve in first half
21st Aug 2024 12:35
(Sharecast News) - Broadcast and media technology software provider Pebble Beach Systems reported a 12% year-on-year increase in order intake in its half-year report on Wednesday, reaching £4.9m, up from £4.4m in the first six months of 2023.
Read moreThursday preview: Global PMIs, ECB minutes in focus
21st Aug 2024 12:27
(Sharecast News) - The market spotlight on Thursday would be on a raft of preliminary survey results for manufacturing and services in the month of August due out in the UK, euro area and US.
Read moreMattioli Woods acquistion gets NS&I Act approval
21st Aug 2024 12:16
(Sharecast News) - Mattioli Woods announced on Wednesday that its acquisition by Tiger Bidco, a subsidiary of investment vehicles advised by Pollen Street Capital, had passed a significant regulatory milestone.
Read moreFCA tells insurers to better ensure they deliver consumer value
21st Aug 2024 11:49
(Sharecast News) - The Financial Conduct Authority (FCA) issued a warning to insurers and brokers on Wednesday, urging them to ensure that their products provided fair value and good outcomes for customers.
Read moreJames Latham confident despite slip in revenue
21st Aug 2024 11:25
(Sharecast News) - Timber and panel products distributor James Latham said in an update on Wednesday that its revenue for the first four months of the financial year totalled £127m, slightly down from £128m in the same period last year.
Read moreCanaccord Genuity lowers target price on Agronomics
21st Aug 2024 11:23
(Sharecast News) - Analysts at Canaccord Genuity lowered their target price on agriculture investment business Agronomics from 20.0p to 17.5p on Wednesday after the group's latest net asset value update showed a modest reduction its NAV/share ratio.
Read moreTarget surges after Q2 beat, profit upgrade
21st Aug 2024 11:21
(Sharecast News) - Target shares surged on Wednesday after the US retailer posted better-than-expected second-quarter earnings and lifted its annual profit outlook.
Read moreEurope midday: Stoxx rallies ahead of Fed minutes; Mobico motors
21st Aug 2024 11:08
(Sharecast News) - European stocks rallied on Wednesday as investors eyed the release of minutes from the US Federal Reserve for commentary on inflation and interest rate prospects.
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