News Archive
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.
Read moreLondon 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.
Read moreHutchmed 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(Sharecast News) - Hutchmed China has voluntarily withdrawn its supplemental new drug application (NDA) in China for the use of fruquintinib in combination with paclitaxel for second-line treatment of advanced gastric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.
Read moreSIX 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.
Read moreUS 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.
Read moreAsia 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.
Read moreFiltronic 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.
Read moreBisichi shares rally as H1 profits jump
30th Aug 2024 09:13
(Sharecast News) - Shares in South African coal miner Bisichi soared by more than a third on Friday after the company reported a significant jump in half-year profits, as production more than double while costs fell.
Read moreUK mortgage approvals hit 22-month high as lending rises
30th Aug 2024 09:12
(Sharecast News) - Approvals and borrowing for mortgages in the UK rose to their highest levels in nearly two years in July, according to data from the Bank of England on Friday.
Read moreEurozone inflation plunges to three-year low of 2.2% in August
30th Aug 2024 09:09
(Sharecast News) - Inflation in the eurozone inflation fell sharply to a three-year low in August, boosting hopes that the European Central Bank will cut interest rates at its next monthly meeting.
Read moreLondon & Associated Properties surges on upbeat outlook, Bisichi results
30th Aug 2024 09:00
(Sharecast News) - Shares in London & Associated Properties surged on Friday after the real estate group reported a return to profit in the first half, while the stock was boosted by its investment in South African coal miner Bisichi.
Read moreRyanair board member steps down to avoid conflicts of interest
30th Aug 2024 08:38
(Sharecast News) - Ryanair has announced on that one of its non-executive directors has resigned after just six months on the board due to a potential conflict of interest in the coming months.
Read moreBerenberg hikes target price on Grafton
30th Aug 2024 08:01
(Sharecast News) - Analysts at Berenberg hiked their target price on building materials company Grafton from 1,100.0p to 1,200.0p on Friday, citing an "attractive opportunity".
Read moreLondon open: Stocks gain in quiet trade; Burberry out of fashion
30th Aug 2024 07:47
(Sharecast News) - London stocks rose in early trade on Friday, taking their cue from a positive session in Asia.
Read moreEurope open: Stoxx hits record high as eyes on EZ, US inflation data
30th Aug 2024 07:43
(Sharecast News) - European shares hit a record high on Friday as all eyes were on eurozone and US inflation data amid hopes that the European Central Bank and Federal Reserve would cut rates next month.
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