News Archive
ExxonMobil beats second-quarter earnings expectations
2nd Aug 2024 11:55
(Sharecast News) - ExxonMobil announced second-quarter earnings above market forecasts on Friday, with the total coming in at $9.2bn, or $2.14 per share.
Read moreVector Capital posts weaker first half, announces tender offer
2nd Aug 2024 11:46
(Sharecast News) - Vector Capital reported a cautious half-year of new lending on Friday, amid challenging market conditions, as it announced a share buyback offer ahead of its planned delisting from AIM.
Read moreOrcadian strikes extension deal over loan with Shell
2nd Aug 2024 11:41
(Sharecast News) - Orcadian Energy announced on Friday that Shell had agreed not to take any action regarding Orcadian's existing borrowings under its loan facility with Shell until 31 August.
Read moreKinovo completes final legacy DCB Kent project
2nd Aug 2024 11:37
(Sharecast News) - Kinovo announced the completion of the final outstanding legacy project related to its former construction subsidiary DCB Kent on Friday, effectively ending its financial liabilities under parent company guarantees for the projects.
Read moreChevron earnings fall more than expected in second quarter
2nd Aug 2024 11:36
(Sharecast News) - Chevron announced a fall in second-quarter earnings on Friday, to $4.4bn, down from $6bn in the same period last year.
Read moreEurope midday: Chipmakers battered as Intel suspends dividend
2nd Aug 2024 11:34
(Sharecast News) - European equities plunged again as part of the global selloff in sharemarkets continued on Friday, after weak US manufacturing data sparked fears of the world's biggest economy going into recession, while chipmakers were hit hard by Intel suspended its dividend and announced plans to slash its workforce.
Read morePHSC posts rise in full-year revenue, earnings
2nd Aug 2024 11:32
(Sharecast News) - Health, safety, hygiene, and environmental consultancy PHSC reported a full-year EBITDA of £0.51m in its final results on Friday - an improvement from £0.366m in the prior year.
Read moreXP Factory trades as expected in first quarter
2nd Aug 2024 11:17
(Sharecast News) - Experiential leisure operator XP Factory, which operates the Escape Hunt and Boom Battle Bar brands, said in an update on Friday that trading in its first quarter was in line with expectations.
Read moreLondon midday: Stocks maintain losses amid US growth concerns, ahead of payrolls
2nd Aug 2024 10:55
(Sharecast News) - London stocks were still in the red by midday on Friday as weak US data raised fears about the economy, and ahead of the release of the all-important non-farm payrolls report.
Read moreHgCapital invests £11.5m in Iberian B2B software firms
2nd Aug 2024 10:53
(Sharecast News) - HgCapital Trust announced an investment in CTAIMA and E-coordina, two Iberian companies specialising in contractor management, risk, and compliance software, on Friday.
Read moreUS pre-open: Futures firmly in the red as recession fears reappear
2nd Aug 2024 10:43
(Sharecast News) - Wall Street futures were firmly in the red ahead of the bell on Friday amid resurgent fears of a potential recession.
Read moreSenior inks contract with Deutsche Aircraft for D328eco
2nd Aug 2024 10:26
(Sharecast News) - Manufacturing and engineering firm Senior has inked a contract with German original equipment manufacturer Deutsche Aircraft for the design, development and manufacture of the Bleed Air System and the Engine Build Up system for its D328eco aircraft.
Read moreRBC Capital reiterates 'outperform' on ITM Power
2nd Aug 2024 10:18
(Sharecast News) - RBC Capital Markets reiterated its 'outperform' rating on ITM Power on Friday as it pointed to a "relatively attractive" risk/reward profile.
Read moreAston-Martin Lagonda makes £135m senior secure note placement
2nd Aug 2024 10:01
(Sharecast News) - Luxury car company Aston-Martin Lagonda has successfully placed senior secured notes totalling approximately £135.0m, further strengthening its financial position and supporting long-term growth.
Read moreAsia report: Markets tumble on fresh global economic fears
2nd Aug 2024 09:47
(Sharecast News) - Markets across the Asia-Pacific region experienced significant declines on Friday, driven by heightened recession concerns following a major sell-off on Wall Street.
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