News Archive

Sequoia Economic Infrastructure refinances revolving credit facility

18th Jul 2024 12:50

(Sharecast News) - Sequoia Economic Infrastructure Income Fund (SEQI) announced the successful refinancing of its existing multi-currency revolving credit facility (RCF) of £325m on Thursday, which was due to mature on 12 November.

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Pharos reports first half of strong progress

18th Jul 2024 12:46

(Sharecast News) - Pharos Energy reported group revenue of $65m in a first half update on Thursday, while cash balances stood at $31m as of 30 June, compared to $32.6m at the end of 2023.

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Capital Limited reports solid first-half revenue growth

18th Jul 2024 12:36

(Sharecast News) - Mining services company Capital Limited reported significant revenue growth in a first-half update on Thursday, with second quarter revenue increasing 16.6% year-on-year to $89.2m, and first-half revenue up 9.8% to $169.4m.

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Octopus Renewables agrees sale of Swedish wind farm

18th Jul 2024 12:28

(Sharecast News) - Octopus Renewables Infrastructure Trust (ORIT) announced a conditional agreement on Thursday, to sell the Ljungbyholm onshore wind farm in Sweden to a German institutional investor for around €74m.

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PensionBee announces expansion into US market

18th Jul 2024 12:24

(Sharecast News) - PensionBee Group announced its expansion into the United States, the world's largest defined contribution pension market, on Thursday.

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Aldo Bisio steps down as CEO of Vodafone Italy

18th Jul 2024 12:19

(Sharecast News) - Vodafone Group announced on Thursday that Aldo Bisio would step down as chief executive officer of Vodafone Italy and as a member of the group executive committee on 15 November.

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Domino's Pizza shares tank as Q2 sales underwhelm

18th Jul 2024 12:17

(Sharecast News) - Shares in Domino's Pizza tanked in pre-market trading on Thursday after the American takeaway pizza chain missed the mark with its quarterly sales figures and suspended its targets for store openings.

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US initial jobless claims rise by 20,000

18th Jul 2024 11:43

(Sharecast News) - Americans lined up for unemployment benefits at an accelerated pace in the week ended 13 July, according to the Labor Department.

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US pre-open: Futures mixed following Nasdaq's worst session since 2022

18th Jul 2024 11:41

(Sharecast News) - Wall Street futures were mixed ahead of the bell on Thursday following the Nasdaq's worst session since December 2022.

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Banks must improve treatment of politicians - FCA

18th Jul 2024 11:32

(Sharecast News) - The financial regulator has warned banks must do more to ensure political clients are treated fairly, it was announced on Thursday.

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Dianomi warns on FY profits

18th Jul 2024 11:27

(Sharecast News) - Digital advertising firm Dianomi warned on Thursday that profits would be lower in FY24 as gross margins looked set to remain flat half-on-half.

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London midday: Stocks stay up as Frasers surges; jobs data in focus

18th Jul 2024 11:20

(Sharecast News) - London stocks were still in the black by midday on Thursday as investors mulled the latest UK jobs data, with Frasers Group pacing the advance after well-received results.

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Good Energy strikes partnership with Ripple Energy

18th Jul 2024 11:08

(Sharecast News) - Renewable energy firm Good Energy said on Thursday that it has partnered with cooperative clean energy ownership outfit Ripple Energy to offer customers the option to own their portion of large-scale wind or solar projects.

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CPP EBITDA from continuing operations falls in H1

18th Jul 2024 11:02

(Sharecast News) - Insurance and financial services company CPP Group warned on Thursday that interim underlying earnings from continuing operations were expected to be lower year-on-year.

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Nokia reports weakest quarterly sales in nine years

18th Jul 2024 10:58

(Sharecast News) - Nokia's stock was under heavy selling pressure on Thursday after the Finnish telecoms group posted its lowest quarterly net sales figure in nearly a decade and reported a big drop in profit as investments in 5G equipment waned.

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