News Archive

New Tristel CEO starts work, executive director leaves board

2nd Sep 2024 11:41

(Sharecast News) - Infection prevention products manufacturer Tristel confirmed on Monday that Matt Sassone had officially assumed the role of chief executive officer, following the retirement of Paul Swinney.

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London midday: Stocks stay down but Rightmove surges on potential offer

2nd Sep 2024 11:35

(Sharecast News) - London stocks were still in the red by midday on Monday in what was likely to remain a fairly quiet session, with US markets closed for the Labor Day holiday.

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Downing Renewables to acquire three Swedish hydropower plants

2nd Sep 2024 11:35

(Sharecast News) - Downing Renewables & Infrastructure (DORE) announced its commitment to acquire three hydropower plants in Sweden on Monday, expanding its renewable energy portfolio.

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Shore Capital sticks with 'buy' for Rightmove amid REA takeover speculation

2nd Sep 2024 11:30

(Sharecast News) - Shore Capital has reiterated a 'buy' rating on Rightmove after Australia's REA Group confirmed it was considering an offer for the UK property platform, highlighting the opportunities for shareholders whether or not a takeover happens.

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Europe midday: Weak EZ, China survey data his sentiment as Stoxx falls

2nd Sep 2024 11:22

(Sharecast News) - European shares opened lower on Monday as investors continued to digest US inflation figures released at the end of last week along with weak manufacturing survey data from the eurozone and China, while trade was expected to be subdued with US markets closed for the Labor Day holiday.

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Phoenix's Aurora Trust proposes merger with Artemis Alpha

2nd Sep 2024 11:04

(Sharecast News) - Phoenix's Aurora Investment Trust has proposed a merger with the Artemis Alpha Trust, it was reported on Monday, aiming to consolidate £353m in assets.

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SRT Marine Systems secures two follow-on contracts

2nd Sep 2024 10:40

(Sharecast News) - Maritime technology firm SRT Marine Systems has received two follow-on contracts with existing sovereign agency customers in Asia worth a total of $4.6m over the next 12 months.

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Berenberg starts coverage of Bodycote at 'buy'

2nd Sep 2024 10:24

(Sharecast News) - Berenberg initiated coverage of Bodycote on Monday with a 'buy' rating and "conservatively set" 800p price target.

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Oncimmune secures additional contract with 'top ten global pharma' firm

2nd Sep 2024 10:13

(Sharecast News) - Biotechnology firm Oncimmune said on Monday that it had secured an additional contract with a "top ten global pharma company" worth $700,000.

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Haydale Graphene inks contract with Jersey Energy Technologies

2nd Sep 2024 09:58

(Sharecast News) - Advanced materials group Haydale Graphene said on Monday that it has inked a new contract with Jersey Energy Technologies to begin a pilot trial deploying its underfloor heaters within social housing on the Channel Island.

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Zenova receives inaugural order from Albanian client

2nd Sep 2024 09:42

(Sharecast News) - Fire safety specialist Zenova Group revealed on Monday that it had received an inaugural order for its Zenova FP fire retardant paint from a "large, new client" in Albania.

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Asia report: Markets mixed as China manufacturing data disappoints

2nd Sep 2024 09:13

(Sharecast News) - Asia-Pacific markets finished with a mixed performance on Monday as investors reacted to China's latest manufacturing data, which showed a significant decline.

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Eurozone manufacturing downturn continues for 26th straight month

2nd Sep 2024 08:47

(Sharecast News) - The downturn across the eurozone's manufacturing sector continued in August, with the regional purchasing managers' index (PMI) remaining under the neutral 50-point level for the 26th month in a row.

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Food spend drives retail sales growth in August, but consumers still cautious

2nd Sep 2024 08:47

(Sharecast News) - Retail sales were higher than last year in August despite already strong comparatives in 2023, though growth was relatively subdued amid a "challenging" environment that's likely to last until the end of the year, according to a closely watched retail barometer released on Tuesday.

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MTI Wireless Edge receives order from biggest defence client

2nd Sep 2024 08:17

(Sharecast News) - Communications firm MTI Wireless Edge said on Monday that its MTI Summit subsidiary has received a new order from its biggest customer in the defence sector.

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