News Archive
Lilly shares jump on positive results from oral weight-loss drug trial
17th Apr 2025 12:54
(Sharecast News) - Shares in Eli Lilly & Co were set to soar on Wednesday on the back of positive results of a late-stage trial of its weight-loss pill Orforglipron, which is thought to be a needle-free alternative to Novo Nordisk's popular injectable Ozempic drug.
Read morePoland's InPost to buy Yodel in £106m deal
17th Apr 2025 11:46
(Sharecast News) - Poland's InPost said on Thursday that it has bought Yodel, one of the UK's largest parcel delivery companies, in a £106m deal.
Read moreLondon midday: FTSE extends losses after Powell comments
17th Apr 2025 11:31
(Sharecast News) - London stocks had fallen further by midday on Thursday after Federal Reserve chair Jerome Powell warned that Trump's tariffs could cause a spike in inflation.
Read moreFTSE 250 movers: Dunelm and Deliveroo rise on quarterly updates
17th Apr 2025 11:12
(Sharecast News) - Dunelm saw its market cap swell by a tenth on Thursday with the stock leading the risers on the FTSE 250 after the homewares retailer reported an increase in third-quarter sales, while Deliveroo was impressing with a "strong" start to the year.
Read moreEurope midday: Stocks fall ahead of ECB, Easter break
17th Apr 2025 11:09
(Sharecast News) - European stock markets were lower across the board on Thursday as investors refrained from taking on too much risk ahead of a European Central Bank policy decision and before the long Easter weekend.
Read moreBHP delivers record output but warns of 'significant' tariff impact
17th Apr 2025 11:09
(Sharecast News) - Mining giant BHP reported record iron ore and copper production across the first nine months of its financial year, but warned of the impact that a trade war could have on demand.
Read moreHarmony board drops Drax bid in favour of Foresight offer
17th Apr 2025 11:09
(Sharecast News) - Harmony Energy Income Trust (HEIT) announced on Thursday that it has agreed to a recommended cash acquisition by PP Bidco, a company indirectly controlled by funds managed by Foresight Group.
Read moreWood Group extends Sidara offer deadline for second time
17th Apr 2025 11:07
(Sharecast News) - Scottish engineering and consulting business Wood Group has extended the deadline for Dubai's Sidara to make a formal takeover offer for the second time.
Read moreLunglife strikes strategic partnership with Circulogene Theranostics
17th Apr 2025 10:47
(Sharecast News) - Clinical diagnostics firm Lunglife said on Thursday that it has entered into a conditional exclusive license agreement for the commercial distribution of its LungLB test in the US.
Read moreAsia report: Markets bounce back despite Wall Street sell-off
17th Apr 2025 10:43
(Sharecast News) - Markets across the Asia-Pacific region advanced on Thursday, defying a sharp overnight decline on Wall Street that was triggered by renewed concerns over US monetary policy and a steep sell-off in Nvidia shares.
Read moreRevolution Beauty CEO announces departure
17th Apr 2025 10:37
(Sharecast News) - Mass beauty brand Revolution Beauty said on Thursday that Lauren Brindley will stand down as chief executive officer on 31 May.
Read moreHermes to 'fully offset' tariff impacts, Q1 sales growth disappoints
17th Apr 2025 10:01
(Sharecast News) - Luxury fashion retailer Hermes revealed on Thursday that it would "fully offset" the impact of Donald Trump's recently announced tariffs by hiking selling prices for all products sold in the US.
Read morePernod Ricard Q3 sales weaker-than-expected
17th Apr 2025 09:42
(Sharecast News) - Drinks maker Pernod Ricard said on Thursday that Q3 sales had come in weaker than expected as both a late Easter and a Chinese duty-free block weighed on sales.
Read moreAlphawave reports record bookings, withholds guidance amid trade uncertainty
17th Apr 2025 09:29
(Sharecast News) - Alphawave IP Group reported record annual bookings for 2024 on Thursday, reflecting strong demand for its high-speed connectivity IP, despite a drop in total revenue and a wider operating loss, although it withheld guidance for the current financial year amid global trade uncertainty.
Read moreNinety One assets under management rise in fourth quarter
17th Apr 2025 09:16
(Sharecast News) - Ninety One reported a slight increase in assets under management (AUM) in the final quarter of its financial year on Thursday, with total AuM rising to £130.8bn as at 31 March.
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