News Archive

Greencoat Renewables acquires 50pc stake in South Meath Solar Farm

7th Aug 2024 12:31

(Sharecast News) - Greencoat Renewables announced on Wednesday that it has completed the acquisition of a 50% stake in the 80.5MWp South Meath Solar Farm, in County Meath, Ireland.

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Evotec tumbles after profit warning

7th Aug 2024 12:28

(Sharecast News) - Evotec tumbled on Wednesday after the German biotech firm warned on profits.

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Apax announces investment in HR software firm GreytHR

7th Aug 2024 12:23

(Sharecast News) - Apax Global Alpha (AGA), a closed-ended investment company that offers access to Apax Private Equity Funds, announced an upcoming strategic investment in greytHR, a human resource management software (HRMS) platform based in India.

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Europe midday: Shares surge as rally continues, earnings boost sentiment

7th Aug 2024 11:50

(Sharecast News) - European shares surged on Wednesday on the back of a rebound on Wall Street and comments from the Bank of Japan's deputy governor who attempted to calm volatile markets, while a jump in German industrial production also provided a boost.

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US pre-open: Major indices look set to claw back more losses

7th Aug 2024 11:44

(Sharecast News) - Wall Street futures were in the green yet again ahead of the bell on Wednesday as stocks looked set to reclaim some more of their recent losses.

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Lyft futures plummet despite surprise Q2 profit, as guidance disappoints

7th Aug 2024 11:29

(Sharecast News) - Lyft announced its first-ever quarter in the black on Wednesday on the back of a record number of rides, but shares tanked in pre-market trading as guidance for the current quarter disappointed investors.

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Tesla to recall 1.7m cars in China over bonnet latch problem

7th Aug 2024 11:29

(Sharecast News) - Tesla is to issue a software update to nearly 1.7m cars in China to fix an issue with the bonnet latch that affected a similar number of vehicles in the US last month.

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Expanded Property Franchise Group sees revenues surge

7th Aug 2024 11:19

(Sharecast News) - Multi-brand property franchisor the Property Franchise Group announced a surge in revenue for the first half on Wednesday , following its merger with Belvoir Group and the acquisition of GPEA.

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London midday: Stocks extend gains as BoJ calms investors

7th Aug 2024 10:58

(Sharecast News) - London stocks had extended gains by midday on Wednesday as comments from Bank of Japan governor Shinichi Uchida calmed investors.

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SoftBank unveils share buyback as losses narrow

7th Aug 2024 10:42

(Sharecast News) - Technology investing giant SoftBank Group reported a significant reduction in losses for its fiscal first quarter on Wednesday, alongside a bold plan to repurchase up to $3.4bn worth of its shares.

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Berenberg upgrades Frontier Developments to 'buy'

7th Aug 2024 10:32

(Sharecast News) - Analysts at Berenberg upgraded video games business Frontier Developments from 'hold' to 'buy' on Wednesday and hiked their target price on the stock from 300.0p to 330.0p, stating the group's pipeline had now de-risked the equity story.

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Asia report: Most markets rise as global rebound continues

7th Aug 2024 10:12

(Sharecast News) - Asia-Pacific markets extended their rally on Wednesday, buoyed by Wall Street's recovery after a three-day losing streak.

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Chinese trade surplus shrinks as imports surge

7th Aug 2024 10:06

(Sharecast News) - China's trade surplus shrank significantly in July, according to government figures released on Wednesday, as export growth eased and imports surged.

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Puma narrows full-year profit guidance, shares tank

7th Aug 2024 10:05

(Sharecast News) - Puma tanked on Wednesday as the sportswear maker narrowed its full-year core profit forecast, noting that macroeconomic and geopolitical challenges were weighing on consumer sentiment.

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Maersk upgrades guidance after strong second quarter

7th Aug 2024 10:00

(Sharecast News) - Maersk reported a significant improvement in its second-quarter financial performance on Wednesday, driven by strong volume growth across all of its business segments.

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