News Archive

Tekcapital raises £1m to support portfolio firm Guident

15th Nov 2024 15:11

(Sharecast News) - Intellectual property investor Tekcapital announced on Friday that it has raised £1m before expenses through a combination of a placing and subscription, to support the growth of its portfolio company Guident.

Read more

FTSE 250 movers: Burberry still in fashion; Premier Foods off the menu

15th Nov 2024 13:52

(Sharecast News) - FTSE 250 (MCX) 20,490.52 -0.16%

Read more

US retail sales increase 0.4pc in October

15th Nov 2024 13:48

(Sharecast News) - US retail sales increased 0.4% month-on-month in October, according to the Census Bureau, following an upwardly revised 0.8% gain in September and beating consensus estimates of a 0.3% rise.

Read more

OPG being investigated for alleged regulatory non-compliance

15th Nov 2024 13:40

(Sharecast News) - OPG Power Ventures said on Friday that it was the subject of an investigation into alleged regulatory non-compliance under the Foreign Exchange Management Act (FEMA).

Read more

Firering secures £0.85m in non-dilutive funding

15th Nov 2024 13:30

(Sharecast News) - Firering Strategic Minerals, an emerging producer of quicklime and explorer of critical minerals, announced on Friday that it has secured £0.85m in non-dilutive funding through an 18-month unsecured bridge loan, as it accelerates the development of its Limeco quicklime project in Zambia.

Read more

Guardian Metal Resources reports year of progress

15th Nov 2024 13:23

(Sharecast News) - Guardian Metal Resources, a Nevada-focussed mineral explorer targeting tungsten, gold, lithium, copper, and silver, reported significant strides in exploration, project development, and capital-raising efforts in its final results on Friday.

Read more

Altitude Group shares slide on first-half update

15th Nov 2024 13:18

(Sharecast News) - Shares in branded merchandise specialist Altitude Group were sliding on Friday, even after it reported robust trading for the six months ended 30 September, with revenue expected to rise over 20% year-on-year and adjusted operating profit up 9%.

Read more

Helios Underwriting flags fall in capacity fund value

15th Nov 2024 13:14

(Sharecast News) - Helios Underwriting, a publicly-traded company offering access to a portfolio of Lloyd's of London syndicates, updated the market on the value of its capacity portfolio on Friday, following the 2024 Lloyd's capacity auctions.

Read more

Ilika reports solid first-half progress

15th Nov 2024 13:09

(Sharecast News) - Solid-state battery technology developer Ilika reported significant advancements in its Stereax and Goliath battery programmes in an update on Friday.

Read more

Helium One reports progress at Galactica-Pegasus

15th Nov 2024 12:59

(Sharecast News) - Exploration company Helium One Global announced a number of developments at the Galactica-Pegasus project in Colorado's Las Animas County on Friday.

Read more

Pharma stocks tank as Trump names RFK Jr health chief

15th Nov 2024 12:11

(Sharecast News) - Pharmaceutical and biotech stocks around the world slumped on Friday, after US president-elect Donald Trump appointed vaccine sceptic Robert F Kennedy Jr to his cabinet.

Read more

EU cuts eurozone GDP forecasts, says downside risks have increased

15th Nov 2024 11:31

(Sharecast News) - The European Commission has reduced its economic growth forecast for the eurozone next year, and warned that projections could be reduced further in the event of increased protectionist measures - such as those proposed by Donald Trump.

Read more

Europe midday: Pharma stocks slide after Trump picks Kennedy as health boss

15th Nov 2024 11:17

(Sharecast News) - European equity markets trimmed losses on Friday with pharma stocks lower on news that Robert F. Kennedy Jr - who has made misleading statements on vaccines - had been appointed as Donald Trump's head of health.

Read more

London midday: FTSE pops higher but pharma stocks slide

15th Nov 2024 11:15

(Sharecast News) - London stocks had popped into the black by midday on Friday but gains were marginal as pharma shares took a hit and as data showed that economic growth in the UK unexpectedly slowed in the third quarter.

Read more

US pre-open: Futures mixed following Powell comments

15th Nov 2024 11:00

(Sharecast News) - Wall Street futures were in the red ahead of the bell on Friday, putting major indices on a course for a losing week following last week's solid post-election rally.

Read more