News Archive

London midday: Stocks turn positive as investors mull hung parliament in France

8th Jul 2024 10:56

(Sharecast News) - London stocks had turned positive by midday on Monday, in line with their European counterparts, as investors mulled the prospect of a hung parliament in France

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Aptamer reports success in ongoing work with Unilever

8th Jul 2024 10:49

(Sharecast News) - Aptamer Group, a developer of novel 'Optimer' binders for the life sciences industry, updated the market on its ongoing partnership with Unilever on Monday, aimed at creating Optimer binders for use in cosmetic applications.

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Eurozone investor morale plunges in July - Sentix

8th Jul 2024 10:47

(Sharecast News) - Investor morale in the eurozone recorded a bigger-than-expected decline in July, according to a survey published on Monday as geopolitical worries hit sentiment.

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Metro Bank revives £3bn mortgage sale - report

8th Jul 2024 10:44

(Sharecast News) - Metro Bank is reportedly reviving plans to offload a multibillion pound mortgage months after an investor bailout rescued it from the brink of collapse.

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Quartix flags solid first-half subscription growth

8th Jul 2024 10:32

(Sharecast News) - Vehicle tracking specialist Quartix Technologies said in a trading update on Monday that it expected to report first-half revenue of £16m, adjusted EBITDA of £2.6m, pre-tax profit of £2.6m, and free cash flow of £0.9m.

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Angus Energy Q2 revenues seen at roughly £4.9m

8th Jul 2024 10:31

(Sharecast News) - Onshore energy transition business Angus Energy said on Monday that second-quarter revenues were expected to come to roughly £4.90m after only minor servicing to two compressor engines was required during the period.

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Biome warns of ongoing slowness in bioplastics division

8th Jul 2024 10:25

(Sharecast News) - Bioplastics and radio frequency technology specialist Biome Technologies reported challenges in its bioplastics division, alongside positive developments in its Stanelco RF technologies division, in an update on Monday.

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Huddled acquires stock clearance retailer Boop Beauty

8th Jul 2024 10:20

(Sharecast News) - E-commerce specialist Huddled Group announced the acquisition of a 75% controlling stake in Boop Beauty on Monday.

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RBC Capital upgrades Melrose Industries to 'outperform'

8th Jul 2024 10:18

(Sharecast News) - RBC Capital Markets upgraded Melrose Industries on Monday to 'outperform' from 'sector perform' as it noted the share price has fallen around 15% from April highs but said the fundamentals remain "very supportive".

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Jangada upbeat on progress at investee Blencowe

8th Jul 2024 10:15

(Sharecast News) - Natural resources developer Jangada Mines highlighted significant advancements made by Blencowe Resources, in which it holds a 10% stake, on Monday.

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Marston's disposes of stake in Carlsberg JV

8th Jul 2024 09:59

(Sharecast News) - Wolverhampton-based company Marston's has disposed of its 40% stake in its brewing joint venture with Carlsberg to become a business entirely focused on pubs.

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Skydance and Paramount Global agree to merger

8th Jul 2024 09:54

(Sharecast News) - Skydance Media has agreed a merger with fellow American production company Paramount Global in a deal worth more than $8bn, effectively ending Shari Restone's decades-long ownership of Paramount.

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Asia report: Stocks fall as real wages drop further in Japan

8th Jul 2024 09:49

(Sharecast News) - Asia-Pacific markets experienced widespread declines on Monday, influenced by weak economic indicators and anticipation of key economic data from the US and China later in the week.

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Solid State reports record revenue, surge in profits

8th Jul 2024 09:49

(Sharecast News) - Computing, power and communications specialist Solid State reported record revenue of £163.3m in its final results on Monday, representing a 29% increase from year-on-year.

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ITM Power inks 500MW capacity reservation deal

8th Jul 2024 09:34

(Sharecast News) - ITM Power announced a significant capacity reservation agreement with a major global industrial customer on Monday, securing 500MW of future production capacity for ITM Power's advanced electrolyser stacks.

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