News Archive
Jadestone Energy lowers FY production guidance, delivers record H1
29th Jul 2024 09:40
(Sharecast News) - Upstream company Jadestone Energy slightly lowered full-year production guidance on Monday despite delivering a record H1 performance.
Read moreReckitt Benckiser tumbles on litigation woes
29th Jul 2024 09:19
(Sharecast News) - Consumer goods giant Reckitt Benckiser tumbled on Monday amid concerns about potential litigation.
Read moreRBC names M&S and Currys as top UK retail picks
29th Jul 2024 08:53
(Sharecast News) - Wage inflation and easier comparatives with last year could lead to a pick-up in demand for UK retailers this autumn, according to RBC Capital Markets which has highlighted M&S and Currys as its top stock picks.
Read moreHeineken shares slide after first-half profit miss
29th Jul 2024 08:40
(Sharecast News) - Heineken shares were in the red on Monday morning, after a disappointing first-half operating profit that fell short of analyst expectations.
Read moreShop price inflation unchanged but pressures 'lurking' - BRC
29th Jul 2024 08:34
(Sharecast News) - UK shop inflation was unchanged in July, but cost pressures were "lurking over the horizon" as commodity prices remained at risk from climate change and geopolitical tensions, according to the British retail Consortium.
Read moreMkango strikes mining development agreement with Malawi government
29th Jul 2024 08:03
(Sharecast News) - Mineral exploration and development firm Mkango Resources has inked a mining development agreement with the Malawi government for its Songwe Hill rare earth project.
Read moreLondon open: Stocks gain ahead of busy week; Reckitt tumbles on litigation fears
29th Jul 2024 07:49
(Sharecast News) - London stocks rose in early trade on Monday as investors eyed a week jam-packed with earnings releases and the latest policy announcements from the Federal Reserve and the Bank of England.
Read moreEurope open: Shares up ahead of US earnings; Reckitt slumps on lawsuits
29th Jul 2024 07:47
(Sharecast News) - European shares started the week sharply higher ahead of earnings from US tech giants later in the week and a policy decision from the US Federal Reserve.
Read moreGSK says RSV jab gets EU recommendation, settles Zantac case
29th Jul 2024 07:33
(Sharecast News) - GSK announced a significant development in its respiratory syncytial virus (RSV) vaccine portfolio on Monday, as well as a settlement to one of the Zantac cases.
Read moreEntain's BetMGM hits $1bn in H1 sales but investments hold back profits
29th Jul 2024 07:31
(Sharecast News) - Entain's BetMGM, the gambling company's sports betting and iGaming operator in the US, surpassed the $1bn mark for revenues in the first half, but still made a loss as a result of heavy investments during the period.
Read moreLondon pre-open: Stocks seen up as investors eye rate announcements
29th Jul 2024 07:23
(Sharecast News) - London stocks were set to gain at the open on Monday following a positive session in Asia, as investors eyed a slew of UK data releases later in the day and policy announcements from the Federal Reserve and the Bank of England on Wednesday and Thursday.
Read moreWorkspace sells Woking development for £13m
29th Jul 2024 07:15
(Sharecast News) - Workspace Group on Monday said it had sold a residential development in Woking, south of London, called 'The Planets' for £13m.
Read moreMonday newspaper round-up: Clean energy, Evri, UK manufacturing
29th Jul 2024 07:14
(Sharecast News) - The chief executive of Vodafone has said Labour will fail to achieve its promise of nationwide access to 5G, which is essential for next-generation technology such as artificial intelligence, by 2030 if the telecom company's £15bn merger with the rival Three UK is blocked. In its election manifesto, the government said nationwide coverage was needed by the end of the decade because the UK was falling behind other countries in terms of the investment and rollout of advanced mobile networks. - Guardian
Read moreAstraZeneca reports positive results from leukaemia drug trial
29th Jul 2024 07:10
(Sharecast News) - AstraZeneca has hailed positive high-level results from a clinical trial of its Calquence treatment for adults with chronic lymphocytic leukaemia (CLL).
Read morePearson maintains outlook after solid first half
29th Jul 2024 07:10
(Sharecast News) - Educational publisher and virtual learning company Pearson said it delivered a "solid" performance in the first half, with underlying sales and profits ahead of last year, as it reiterated its outlook for the next two years.
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