News Archive

US open: Stocks mixed following Dow's record close

27th Aug 2024 14:14

(Sharecast News) - Wall Street stocks were mixed early on Tuesday after the Dow Jones registered a fresh record close in the previous session.

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FTSE 100 movers: Bunzl surges; housebuilders slump

27th Aug 2024 14:06

(Sharecast News) - London's FTSE 100 was up 0.3% at 8,354.72 in afternoon trade on Tuesday.

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Next shop workers win landmark equal pay case

27th Aug 2024 14:02

(Sharecast News) - Shop workers at high-street retailer Next won a landmark legal victory on Tuesday, after a six-year battle for equal pay, potentially leading to over £30m in compensation.

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Goldplat profitability improves in fourth quarter

27th Aug 2024 13:28

(Sharecast News) - South Africa and Ghana-focussed gold recovery specialist Goldplat announced a substantial increase in fourth-quarter profitability on Tuesday.

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Faron Pharmaceuticals candidate gets FDA fast track designation

27th Aug 2024 13:00

(Sharecast News) - Clinical-stage biopharmaceutical company Faron Pharmaceuticals announced on Tuesday that its lead candidate, bexmarilimab, has been granted fast track designation by the US Food and Drug Administration (FDA), for the treatment of relapsed or refractory myelodysplastic syndrome (r/r MDS) in combination with azacitidine.

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Jefferies reiterates positive stance on UK housebuilders

27th Aug 2024 12:53

(Sharecast News) - Jefferies reiterated its positive stance on UK housebuilders on Tuesday, saying it still sees considerable upside potential to share prices from the improving rate environment and government changes to planning.

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Prospex acquires 7.5pc stake in Viura gas field

27th Aug 2024 12:42

(Sharecast News) - Prospex Energy, an investment company focused on European gas and power projects, announced the successfully completed acquisition of a 7.5% stake in Heyco Energy Iberia (HEI) on Tuesday, the majority owner of the Viura gas field in northern Spain.

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RUA Life Sciences reports strong start to financial year

27th Aug 2024 12:33

(Sharecast News) - RUA Life Sciences, a medical device company specialising in implantable textiles and biostable polymers, reported a strong start to its financial year on Tuesday, with trading in the first four months exceeding management expectations.

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Shield Therapeutics iron deficiency treatment approved in Canada

27th Aug 2024 12:28

(Sharecast News) - Commercial-stage pharmaceutical company Shield Therapeutics announced on Tuesday that 'ACCRUFeR', or ferric maltol, had been approved by Health Canada as a prescription drug for the treatment of adults with iron deficiency anaemia (IDA).

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Diaceutics reports progress with rare-disease offerings

27th Aug 2024 12:24

(Sharecast News) - Diaceutics announced a significant enhancement to its rare-disease offerings on Tuesday, leading to the acquisition of a new contract aimed at supporting the commercialisation of a rare-disease therapy.

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Belluscura shares surge on strong sales momentum, improved outlook

27th Aug 2024 12:03

(Sharecast News) - Belluscura, a developer of lightweight and portable oxygen enrichment technology, reported strong sales momentum and an optimistic trading outlook on Tuesday, as it prepared for the full commercial launch of its new 'DISCOV-R' portable oxygen concentrator.

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Wednesday preview: Fedspeak, Prudential in focus

27th Aug 2024 11:58

(Sharecast News) - The economic calendar on Wednesday will be sparse with only a smattering of risk events for investors to keep tabs on.

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JD.com unveils $5bn, 36-month share buyback plans

27th Aug 2024 11:30

(Sharecast News) - Chinese e-commerce giant JD.com unveiled a new $5bn share buyback programme on Tuesday, set to begin in September and extend over the next 36 months.

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Europe midday: Markets rangebound after recent gains

27th Aug 2024 11:24

(Sharecast News) - European stocks were rangebound on Tuesday as equity markets continued to pause for breath following the recent rally, which saw the Stoxx 600 rise more than 6% over the past three weeks.

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Plus500 kicks off fresh $110m share buyback

27th Aug 2024 11:13

(Sharecast News) - Multi-asset fintech firm Plus500 announced the launch of a share buyback programme valued at up to $110m on Tuesday.

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