News Archive

Scotland-Yorkshire power link completes fast-track funding process

13th Aug 2024 10:05

(Sharecast News) - The Eastern Green Link 2 (EGL2), a major electricity transmission project connecting Scotland and Yorkshire, has become the first to complete Ofgem's fast-tracked funding process under the Accelerated Strategic Transmission Investment (ASTI) framework.

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Citi issues 'positive short-term view' on Admiral

13th Aug 2024 09:55

(Sharecast News) - Citi said on Tuesday that it had issued a "positive short-term view" on Admiral ahead of its first-half results on 15 August.

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Keywords Studios acquires Liverpool-based game development studio

13th Aug 2024 09:53

(Sharecast News) - Video game industry services business Keywords Studios has acquired Wushu Studios, a leading game development studio headquartered in Liverpool.

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Asia report: Japan returns from holiday to lead regional gains

13th Aug 2024 09:47

(Sharecast News) - Asia-Pacific markets saw broad gains on Tuesday, with Japan's stocks leading the way.

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Light Science Technologies secures order from Richel

13th Aug 2024 09:15

(Sharecast News) - Light Science Technologies said on Tuesday that it had received an order from Richel, an agronomic solutions specialist, for its CEA nurturGROW lighting.

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Berenberg raises target price on Hikma Pharmaceuticals following H1 results

13th Aug 2024 09:13

(Sharecast News) - Analysts at Berenberg raised their target price on Hikma Pharmaceuticals from 2,000.0p to 2,100.0p on Tuesday following an "impressive" H1 performance.

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Genuit pre-tax profits profits sink in H1

13th Aug 2024 09:00

(Sharecast News) - Plastic piping systems manufacturer Genuit said on Tuesday that pre-tax profits had almost halved in the first six months of the year as a result of reduced turnover throughout the period.

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Just Group shares surge on solid first-half results

13th Aug 2024 08:49

(Sharecast News) - Just Group shares were rocketing on Tuesday morning, after it announced a robust set of first-half results.

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London open: Stocks rise as investors digest jobs data

13th Aug 2024 08:08

(Sharecast News) - London stocks rose in early trade on Tuesday as investors mulled the latest UK jobs data.

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Tate & Lyle appoints Sarah Kuijlaars as CFO

13th Aug 2024 08:06

(Sharecast News) - Tate & Lyle said on Tuesday that it has appointed Sarah Kuijlaars as its chief financial officer with effect from 16 September.

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Europe open: Stoxx 600 higher, shrugs off yesterday's losses

13th Aug 2024 08:01

(Sharecast News) - European stocks were higher early on Tuesday after most indices wrapped up the previous session in the red.

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Dowlais cuts revenue guidance, considering sale of Power Metallurgy

13th Aug 2024 07:58

(Sharecast News) - Dowlais said on Tuesday that it was considering a potential sale of its Powder Metallurgy business and that it now expects a decline in full-year revenue.

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Home Depot cuts full-year sales outlook

13th Aug 2024 07:37

(Sharecast News) - Home Depot cut its full-year sales outlook on Tuesday as it said higher interest rates and macroeconomic uncertainty were putting pressure on consumer demand.

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London pre-open: Stocks seen up as investors mull jobs data

13th Aug 2024 07:35

(Sharecast News) - London stocks were set to rise at the open on Tuesday as investors mulled the latest UK jobs data.

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Tuesday newspaper round-up: Telegraph, UK offices, China

13th Aug 2024 07:21

(Sharecast News) - The Treasury has sought to defuse a bitter row with the North Sea oil and gas industry by promising to keep investment reliefs on low-carbon projects, aiming to protect jobs and soften the expansion of the energy windfall tax. The chancellor, Rachel Reeves, said last month that she would expand the levy on energy industry profits as part of her plan to plug a £22bn "hole" in the public finances that Labour said had been left by the previous Conservative government. - Guardian

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