News Archive

Moderna to slash R&D budget, shares fall

12th Sep 2024 12:41

(Sharecast News) - Shares in Moderna tumbled 11% in pre-market trading on Thursday, after the US biotech detailed plans to cut its research budget by more than $1bn.

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FTSE 100 movers: Diageo boosted by upgrade, Rentokil extends losses

12th Sep 2024 12:41

(Sharecast News) - London's FTSE 100 was heading higher on Thursday, lifted by strong gains from Diageo and a host of mining stocks, while the downside continued to be led by Rentokil.

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Tesco loses legal case against 'fire and rehire' tactics for factory staff

12th Sep 2024 12:17

(Sharecast News) - Shop workers union Usdaw has won its appeal in a Supreme Court battle against Tesco over its so-called 'fire and rehire' approach to cutting staff pay, bringing a three-year legal saga to an end.

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Arkle Resources announces drilling campaign on Stonepark block

12th Sep 2024 12:14

(Sharecast News) - Arkle Resources announced on Thursday that its partner, Group Eleven Resources, had started a drilling campaign on the Stonepark licence block in Limerick, Ireland.

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Tristel makes FDA submission for high-level disinfectant foam

12th Sep 2024 12:07

(Sharecast News) - Infection prevention products manufacturer Tristel announced the submission of a premarket notification 510(k) to the US Food and Drug Administration (FDA) on Thursday, for its high-level disinfectant (HLD) foam, Tristel OPH.

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Griffin Mining upbeat on strong first half

12th Sep 2024 12:03

(Sharecast News) - Griffin Mining reported strong first-half financial results on Thursday, with revenues rising 23.3% to $85.7m, compared to $69.5m in the same period in 2023.

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Keystone Law reports solid first-half growth

12th Sep 2024 11:57

(Sharecast News) - Keystone Law Group reported a strong set of results for the six months ended 31 July on Thursday, highlighting continued growth and positive recruitment momentum.

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Canaccord downgrades Fisher to 'hold', sees little upside for now

12th Sep 2024 11:52

(Sharecast News) - Canaccord Genuity has cut its rating for James Fisher and Sons from 'buy' to 'hold', saying that the marine engineering services group still has a long way to go in its turnaround.

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Harworth reports solid net development value growth

12th Sep 2024 11:49

(Sharecast News) - Harworth Group reported strong results for the first half on Thursday, marked by significant growth in net development value (NDV) and total returns.

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Gulf Marine sings new contract, upgrades expectations

12th Sep 2024 11:45

(Sharecast News) - Gulf Marine Services (GMS) announced on Thursday that it has secured a new long-term contract for one of its vessels operating in the Gulf Cooperation Council (GCC) region, marking a significant boost for the company.

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UK public finances facing 'unsustainable path', warns OBR

12th Sep 2024 11:29

(Sharecast News) - National debt is on an "unsustainable path", the fiscal watchdog warned on Thursday, with climate change and an ageing population set to weigh heavily on public finances if left unaddressed.

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Ceres Power signs key agreement with India's Thermax

12th Sep 2024 11:19

(Sharecast News) - Ceres Power announced on Thursday that it has signed a key agreement with Thermax to licence its solid oxide electrolysis cell (SOEC) technology, marking its entry into the fast-growing Indian clean energy market.

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Europe midday: Stocks stay up ahead of expected ECB rate cut

12th Sep 2024 11:00

(Sharecast News) - European stocks were still firmer by midday on Thursday, having taken their opening cue from a solid session on Wall Street, as investors eyed an expected rate cut by the European Central Bank.

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London midday: Stocks maintain gains as investors eye ECB

12th Sep 2024 10:59

(Sharecast News) - London stocks were still firmly in the black by midday on Thursday, having taken their cue from strong gains on Wall Street, with encouraging UK house price data also helping to lift sentiment.

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US pre-open: Futures higher ahead of PPI reading

12th Sep 2024 10:43

(Sharecast News) - Wall Street futures were in the green ahead of the bell on Thursday as traders patiently awaited more inflation data following yesterday's consumer price index.

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