News Archive

Eqtec settlement with Logik moves closer to completing

14th Aug 2024 11:10

(Sharecast News) - Waste-to-value technology specialist Eqtec updated the market on its settlement agreement with Logik Developments and its subsidiary Logik WTE on Wednesday.

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US pre-open: Futures little changed ahead of CPI reading

14th Aug 2024 11:04

(Sharecast News) - Wall Street futures were little changed ahead of the bell on Wednesday as market participants awaited key inflation data.

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Beeks gets regulatory approval for Exchange Cloud contract

14th Aug 2024 11:00

(Sharecast News) - Beeks Financial Cloud, a provider of cloud computing and connectivity solutions for financial markets, announced on Wednesday that it has received regulatory approval for its Exchange Cloud contract with one of the largest exchange groups globally.

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Amaroq reports solid second-quarter operational performance

14th Aug 2024 10:52

(Sharecast News) - Greenland-focussed mine developer Amaroq Minerals reported liquidity of $62.2m in its second quarter results on Wednesday, including cash balances and undrawn credit facilities, down from $96.3m at the end of the first quarter.

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Flutter in talks to buy Playtech's Italian unit - report

14th Aug 2024 10:49

(Sharecast News) - Playtech surged on Wednesday after confirming it is in talks with Flutter Entertainment about the possible sale of its Italian business, Snaitech.

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Secure Trust Bank reports solid first-half growth

14th Aug 2024 10:46

(Sharecast News) - Secure Trust Bank reported a solid set of first-half financial results on Wednesday, with a 14% increase in profit before tax to £17.1m, up from £15m in the same period last year.

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Revenue and earnings fall for Ultimate Products

14th Aug 2024 10:40

(Sharecast News) - Homeware company Ultimate Products reported a 6.5% decrease in unaudited group revenue in an update on Wednesday, to £155.5m for the financial year just ended, from £166.3m a year earlier.

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Kenmare Resources confident despite slide in revenue, earnings

14th Aug 2024 10:35

(Sharecast News) - Titanium and zircon producer Kenmare Resources reported a 33% year-on-year decline in first-half revenue on Wednesday, to $154.5m.

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Capital sells entire shareholding in Predictive Discovery

14th Aug 2024 10:28

(Sharecast News) - Mining services company Capital Limited announced the sale of its entire shareholding in Predictive Discovery (PDI) on Wednesday, to Perseus Mining for a total cash consideration of AUD 47.3m (£24.42m).

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UK house prices rise 2.7pc in June

14th Aug 2024 10:11

(Sharecast News) - UK house prices jumped 2.7% in June, according to the Office for National Statistics, unchanged from the prior month's revised estimate.

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Berenberg lowers target price on Synthomer

14th Aug 2024 10:10

(Sharecast News) - Analysts at Berenberg lowered their target price on chemicals company Synthomer from 375.0p to 340.0p on Wednesday after the group's interim earnings "delivered both grounds for hope and reasons for caution".

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Distil exploring funding options, downgrades FY outlook

14th Aug 2024 09:54

(Sharecast News) - Distil downgraded its full-year outlook on Wednesday as it reported a slump in revenues and said it was "exploring funding options".

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Eurozone GDP grows 0.3% in second quarter

14th Aug 2024 09:53

(Sharecast News) - The eurozone economy grew by 0.3% in the second quarter on a seasonally adjusted basis, according to a flash estimate published on Wednesday.

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Asia report: Most markets rise after surprise RBNZ rate cut

14th Aug 2024 09:29

(Sharecast News) - Asia-Pacific markets mostly gained on Wednesday, following key economic developments including a surprise rate cut from the Reserve Bank of New Zealand.

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Aviva H1 profits surge

14th Aug 2024 09:17

(Sharecast News) - Insurance firm Aviva said on Wednesday that profits had surged in the six months ended 30 June on the back of an increase in written premiums throughout the period.

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