News Archive

Hobbycraft on brink of being bought by Modella Capital - report

20th Aug 2024 13:48

(Sharecast News) - Arts and crafts retailer Hobbycraft is reportedly on the brink of being sold to a specialist investor whose executives have backed chains including Paperchase and Tie Rack.

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EU lowers planned tariffs on Chinese made Teslas

20th Aug 2024 13:16

(Sharecast News) - The European Union said on Tuesday that it will lower planned tariffs for Tesla vehicles imported to the bloc from China from 20.8% to 9% as it announced a number of reductions to planned import duties from other Chinese electric carmakers.

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Johnson & Johnson to buy V-Wave for up to $1.7bn

20th Aug 2024 12:58

(Sharecast News) - Johnson & Johnson said on Tuesday that it has agreed to buy V-Wave, a privately-held company focused on developing treatment options for patients with heart failure, for up to $1.7bn.

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OptiBiotix reports solid first-half operational progress

20th Aug 2024 11:47

(Sharecast News) - Obesity-focussed life science company OptiBiotix Health updated the market on its commercial activities for the first half on Tuesday, reported significant advancements in expanding its presence in key markets, particularly in the United States and Asia, while also investing in direct-to-consumer e-commerce channels to drive growth and profitability.

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Empresaria swings to first-half operating loss

20th Aug 2024 11:40

(Sharecast News) - Specialist staffing firm Empresaria swung to an operating loss in its first half, it reported on Tuesday, reflecting the continued impact of difficult market conditions on its financial performance.

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Eurozone construction output growth hits 17-month high

20th Aug 2024 11:26

(Sharecast News) - Construction output in the eurozone bounced back strongly in June after contracting the previous three months, according to figures released on Tuesday by Eurostat.

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Chariot announces start of drilling at Anchois project

20th Aug 2024 11:03

(Sharecast News) - Africa-focussed energy company Chariot announced the start of drilling operations at the Anchois gas project in the Lixus offshore licence, offshore Morocco, on Tuesday.

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London midday: FTSE falls further as energy shares drop, BT tumbles

20th Aug 2024 10:58

(Sharecast News) - London stocks had fallen further by midday on Tuesday, with energy issues in the red as oil prices declined and BT under the cosh.

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Sports entertainment driving strong trading for Light Science Technologies

20th Aug 2024 10:56

(Sharecast News) - Light Science Technologies, which operates across three divisions - controlled environment agriculture (CEA), contract electronics manufacturing (CEM), and passive fire protection (PFP) - announced strong trading in its CEM division on Tuesday, with the receipt of a third order from a key customer in the sports entertainment sector.

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Gold prices hit fresh highs amid US rate cut expectations

20th Aug 2024 10:45

(Sharecast News) - Gold prices hit a new all-time high on Tuesday amid growing expectations of US rate cuts in September and after the People's Bank of China issued new import quotas.

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Trading suspension lifted as MobilityOne reports full-year losses

20th Aug 2024 10:45

(Sharecast News) - E-commerce infrastructure payment specialist MobilityOne announced its audited financial results for the year ended 31 December on Tuesday, allowing trading in its shares to resume.

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Eurozone CPI inflation unchanged for third straight month

20th Aug 2024 10:42

(Sharecast News) - Core inflation in the eurozone officially held steady for the third straight month in July, according to final estimates published on Tuesday by Eurostat.

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US pre-open: Stocks futures mixed as traders await Fed comments

20th Aug 2024 10:32

(Sharecast News) - Wall Street futures were mixed ahead of the opening bell on Tuesday as investors turned their attention firmly towards the Federal Reserve Bank.

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Sosandar signs lease agreement for third store

20th Aug 2024 10:12

(Sharecast News) - Fashion retailer Sosandar said on Tuesday that it has signed a lease agreement for its third store in the North-East's Metrocentre, outside Newcastle in Gateshead.

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N4 Pharma reports positive progress with SRI collaboration

20th Aug 2024 10:10

(Sharecast News) - N4 Pharma, a specialist pharmaceutical company focused on the development of Nuvec, a novel delivery system for cancer treatments, gene therapy, and vaccines, updated the market on its collaboration with SRI International on Tuesday.

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