News Archive

Europe open: Shares up ahead of US earnings; Reckitt slumps on lawsuits

29th Jul 2024 07:47

(Sharecast News) - European shares started the week sharply higher ahead of earnings from US tech giants later in the week and a policy decision from the US Federal Reserve.

GSK says RSV jab gets EU recommendation, settles Zantac case

29th Jul 2024 07:33

(Sharecast News) - GSK announced a significant development in its respiratory syncytial virus (RSV) vaccine portfolio on Monday, as well as a settlement to one of the Zantac cases.

Entain's BetMGM hits $1bn in H1 sales but investments hold back profits

29th Jul 2024 07:31

(Sharecast News) - Entain's BetMGM, the gambling company's sports betting and iGaming operator in the US, surpassed the $1bn mark for revenues in the first half, but still made a loss as a result of heavy investments during the period.

London pre-open: Stocks seen up as investors eye rate announcements

29th Jul 2024 07:23

(Sharecast News) - London stocks were set to gain at the open on Monday following a positive session in Asia, as investors eyed a slew of UK data releases later in the day and policy announcements from the Federal Reserve and the Bank of England on Wednesday and Thursday.

Workspace sells Woking development for £13m

29th Jul 2024 07:15

(Sharecast News) - Workspace Group on Monday said it had sold a residential development in Woking, south of London, called 'The Planets' for £13m.

Monday newspaper round-up: Clean energy, Evri, UK manufacturing

29th Jul 2024 07:14

(Sharecast News) - The chief executive of Vodafone has said Labour will fail to achieve its promise of nationwide access to 5G, which is essential for next-generation technology such as artificial intelligence, by 2030 if the telecom company's £15bn merger with the rival Three UK is blocked. In its election manifesto, the government said nationwide coverage was needed by the end of the decade because the UK was falling behind other countries in terms of the investment and rollout of advanced mobile networks. - Guardian

AstraZeneca reports positive results from leukaemia drug trial

29th Jul 2024 07:10

(Sharecast News) - AstraZeneca has hailed positive high-level results from a clinical trial of its Calquence treatment for adults with chronic lymphocytic leukaemia (CLL).

Pearson maintains outlook after solid first half

29th Jul 2024 07:10

(Sharecast News) - Educational publisher and virtual learning company Pearson said it delivered a "solid" performance in the first half, with underlying sales and profits ahead of last year, as it reiterated its outlook for the next two years.

Pearson maintains outlook after solid first half

29th Jul 2024 07:10

Cranswick holds guidance as Q1 revenues rise 6.7%

29th Jul 2024 07:02

(Sharecast News) - UK food producer Cranswick held annual guidance after first quarter revenue rose 6.7% on the back of strong volume growth.

Sunday newspaper round-up: Chancellor, Tempest, Revolut

28th Jul 2024 11:29

(Sharecast News) - The Chancellor's first day at work saw staffers deliver a blunt summary of the realities facing her department. The biggest surprise was the rapidly growing £4bn annual bill for housing illegal immigrants. Reeves was also told of the inflation-busting public sector pay recommendations from pay review bodies for multiple key sectors, including teachers and NHS staff. The briefings left her infuriated at how the Tories had been playing with the theme of tax cuts despite the presence of a "gaping black hole" in the public finances, a senior government source said. - The Sunday Times