News Archive

Begbies Traynor delivers 'strong financial performance' in H1

18th Nov 2024 09:19

(Sharecast News) - Corporate restructuring firm Begbies Traynor said on Monday that it had delivered a "strong financial performance" throughout H1, with double-digit revenue and profit growth.

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AstraZeneca's Tagrisso recommended for EU approval

18th Nov 2024 09:11

(Sharecast News) - Drugmaker AstraZeneca said on Monday that its Tagrisso asset had received a recommendation for EU approval on the back of LAURA Phase III trial results, which revealed it had extended median progression-free survival to more than three years.

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Cerillion beats forecasts with double-digit profit growth

18th Nov 2024 09:01

(Sharecast News) - Software group Cerillion delivered an impressive set of annual results on Monday, with double-digit growth across the board nd record profits supporting a 17% increase in its total dividend.

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Petrofac extends forbearance deal on senior secured notes

18th Nov 2024 08:52

(Sharecast News) - Petrofac announced an extension of its forbearance agreement regarding the non-payment of interest coupons on its senior secured notes on Monday.

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Europe open: Share subdued as investors mull Biden call on Ukraine weapons

18th Nov 2024 08:28

(Sharecast News) - European shares made a subdued start to the week as investors mulled US President Joe Biden's decision to lift a ban on Ukraine using American-made long-range missiles to strike Russia.

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IQE launches strategic review as FY revenues set to be flat

18th Nov 2024 08:22

(Sharecast News) - IQE said on Monday that it was launching a strategic review of its assets and considering a sale of its Taiwanese division, as it warned that revenue for the full year was set to be flat amid "weak" consumer demand in end markets.

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London open: Stocks edge up as investors mull Rightmove data

18th Nov 2024 08:11

(Sharecast News) - London stocks edged up in early trade on Monday as investors mulled the latest house price research from Rightmove and looked ahead to earnings from US tech giant Nvidia this week.

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Resolute Mining to pay Mali govt $160m after CEO, execs detained

18th Nov 2024 08:06

(Sharecast News) - Australia's Resolute Mining, whose executives have been detained in Mali over a tax row, said it had agreed to pay $160m as part of a deal to free them.

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TruFin turns EBITDA positive, FY revenues surge

18th Nov 2024 08:02

(Sharecast News) - Financial services firm TruFin said on Monday that full-year revenues were expected to be "significantly ahead of market expectations", driven by a "strong performance" from both the console and mobile divisions of Playstack.

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LondonMetric offloads £58m more non-core assets

18th Nov 2024 07:52

(Sharecast News) - Real estate group LondonMetric Property has continued its capital recycling strategy with the sale of £58m-worth of non-core assets and the acquisition of a retail park in Essex.

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FDM says full year to be in line with expectations

18th Nov 2024 07:41

(Sharecast News) - FDM Group said on Monday that its full-year performance was set to be in line with its expectations, despite continuing market uncertainty.

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London pre-open: Stocks seen up; house price data in focus

18th Nov 2024 07:38

(Sharecast News) - London stocks were set to gain at the open on Monday as investors mulled the latest research from Rightmove.

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Judges Scientific cuts profit targets due to order delays

18th Nov 2024 07:35

(Sharecast News) - Scientific instrument company Judges Scientific has slashed its profit guidance for the full year on the back of delays in the timing of certain orders.

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Monday newspaper round-up: Energy bills, Black Friday, Lloyds Bank, Sephora

18th Nov 2024 07:32

(Sharecast News) - Household energy bills across Great Britain are set to rise at the start of next year, analysts predict, putting more pressure on household finances. Officially, the price cap for January-March 2025 will be set on Friday morning by regulator Ofgem, limiting what energy providers can charge in England, Scotland and Wales. - Guardian

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Shein planning £50bn London listing early next year - reports

18th Nov 2024 07:22

(Sharecast News) - Singapore-domiciled Chinese fast fashion giant Shein is preparing for a highly anticipated initial public offering on the London Stock Exchange in early 2025, it was reported on Monday, targeting a valuation of £50bn.

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