News Archive

Jefferies lowers target price on Life Science REIT

30th Aug 2024 12:27

(Sharecast News) - Jefferies cut its price target on real estate investment trust Life Sciences REIT from 45.0p to 36.0p following a visit to the group's Cambourne Science & Technology Park.

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Beowulf reports substantial first-half progress

30th Aug 2024 12:27

(Sharecast News) - Mineral explorer and developer Beowulf Mining reported substantial progress across its portfolio in its interim results on Friday, particularly in advancing its key projects at Gállok in Sweden and the Graphite Anode Materials Plant (GAMP) in Finland.

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US PCE rises 0.2pc in July

30th Aug 2024 12:26

(Sharecast News) - The Federal Reserve Bank's preferred inflation gauge rose in July, according to the Commerce Department, in line with preliminary estimates.

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Longboat Energy to change name amid south east Asia focus

30th Aug 2024 12:12

(Sharecast News) - Longboat Energy, an exploration and production company focused on south east Asia, updated the market on its strategy and operations on Friday, and also announced a planned name change.

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Europe midday: Shares off records, but EZ CPI fall boosts rate cut hopes

30th Aug 2024 12:10

(Sharecast News) - European shares were up at midday having hit a fresh intra-day record high on Friday as eurozone inflation fell sharply in August, boosting hopes that the European Central Bank would cut rates next month.

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Jaywing revenue falls but adjusted earnings rise

30th Aug 2024 12:07

(Sharecast News) - Shares in data science and marketing company Jaywing were jumping on Friday, as it reported its audited financial results for the year ended 31 March.

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Vela Technologies reports big drop in asset value

30th Aug 2024 11:08

(Sharecast News) - Vela Technologies, an AIM-listed company focussed on early-stage and pre-IPO disruptive technology investments, reported a significant decrease in its asset value for the quarter ended 30 June on Friday.

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Falcon Oil starts 2024 Beetaloo drilling programme

30th Aug 2024 11:04

(Sharecast News) - Falcon Oil & Gas announced the start of its 2024 drilling programme in the Beetaloo Sub-basin of Australia's Northern Territory on Friday, with the spudding of the Shenandoah South 2H (SS2H) horizontal well.

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Bigblu revenue slips as it moves customers to higher-value packages

30th Aug 2024 11:00

(Sharecast News) - Bigblu Broadband reported a decline in first-half revenue on Friday, to £11.2m from £13m in the same period last year, reflecting a strategic decision to migrate customers onto higher-value packages.

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London midday: FTSE stays up ahead of US inflation reading

30th Aug 2024 10:57

(Sharecast News) - London stocks were still in the black by midday on Friday as investors digested a slew of UK data releases and looked ahead to a key US inflation reading.

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Hutchmed withdraws supplemental new drug application in China

30th Aug 2024 10:53

(Sharecast News) - Hutchmed China has voluntarily withdrawn its supplemental new drug application (NDA) in China for the use of fruquintinib in combination with paclitaxel for second-line treatment of advanced gastric or gastroesophageal junction adenocarcinoma, it announced on Friday.

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SIX Group studying options for financial data arm - report

30th Aug 2024 10:43

(Sharecast News) - Swiss stock market operator SIX Group is said to be examining options to potentially shake up ownership of its financial data arm.

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US pre-open: Futures trade higher ahead of PCE reading

30th Aug 2024 10:24

(Sharecast News) - Wall Street futures were in the green ahead of the bell on Friday as investors braced for a key inflation reading later in the day.

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Asia report: Markets rise on back of buoyant US data

30th Aug 2024 10:16

(Sharecast News) - Asia-Pacific markets experienced widespread gains on Friday, bolstered by encouraging US economic data that eased recession fears.

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Filtronic wins $8.4m contract with SpaceX

30th Aug 2024 09:31

(Sharecast News) - Communications equipment company Filtronic said on Friday that it had won a contract with SpaceX valued at $8.4m.

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