News Archive

Alliance Pharma COO stepping down, position to be disestablished

23rd Jul 2024 11:06

(Sharecast News) - Healthcare products group Alliance Pharma announced on Tuesday that its chief operating officer Jeyan Heper would leave the company on 31 August.

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Supply shortages to hit sales and margin at Porsche

23rd Jul 2024 10:18

(Sharecast News) - Shares in Porsche came under pressure on Tuesday, after the luxury marque warned supply issues would likely dent its full-year numbers.

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SAP shares surge as cloud growth impresses in Q2

23rd Jul 2024 10:00

(Sharecast News) - Shares in SAP surged 7% on Tuesday after the German enterprise software giant impressed with its second-quarter results, as revenue growth was bolstered by increasing momentum in the cloud and AI markets, while the company announced plans to cut more jobs.

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Wednesday preview: Global PMIs, Bank of Canada in focus

23rd Jul 2024 09:52

(Sharecast News) - Investors' focus in the middle of the week would be on a raft of purchasing managers' surveys covering activity in manufacturing and services on either side of the Channel as well as in the States.

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Berenberg lowers target price on SThree following H1 earnings

23rd Jul 2024 09:25

(Sharecast News) - Analysts at Berenberg lowered their target price on specialist staffing organisation SThree from 550.0p to 520.0p on Tuesday but said the group's contract focus offered resilience versus peers.

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Julius Baer names Goldman Sachs partner CEO

23rd Jul 2024 09:24

(Sharecast News) - Julius Bear Gruppe has named Goldman Sachs partner Stefan Bollinger chief executive, it was confirmed on Tuesday.

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Shore Capital sees potential for further upgrades at Compass

23rd Jul 2024 09:19

(Sharecast News) - Shore Capital has reiterated its 'buy' rating for Compass Group after a report of strong third-quarter trading from the catering giant, saying it expects consensus forecasts to be revised higher following the update.

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Oxford Nanopore strikes collaboration and contract expansion with Plasmidsaurus

23rd Jul 2024 09:15

(Sharecast News) - Molecular sensing technology group Oxford Nanopore has struck a collaboration and contract expansion with Plasmidsaurus.

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Asia report: Markets mixed amid global political concerns

23rd Jul 2024 09:10

(Sharecast News) - Asia-Pacific markets exhibited mixed performance on Tuesday, with Chinese stocks leading the declines amidst a backdrop of political uncertainty in the US.

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Taylor Maritime focuses on debt amid global macro challenges

23rd Jul 2024 09:05

(Sharecast News) - Taylor Maritime Investments reported an audited net asset value (NAV) per share of $1.48 in its full-year results on Tuesday, with a total NAV of $485m.

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Fuller's reports strong trading momentum, reduced debt

23rd Jul 2024 08:54

(Sharecast News) - Pub operator Fuller, Smith & Turner reported strong trading momentum for the 16 weeks ended 20 July in an update on Tuesday.

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Galliford Try wins positions on NHS North of England framework

23rd Jul 2024 08:47

(Sharecast News) - Galliford Try announced on Tuesday that it has secured positions on the new £835m NHS North of England Commercial Procurement Collaborative (NOE CPC) specialist estates engineering and maintenance services (Hard FM) framework.

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Headlam flags weaker first half, as expected

23rd Jul 2024 08:43

(Sharecast News) - Floor coverings distributor Headlam Group said in an update on Tuesday that trading in its first half was consistent with its previous update on 14 May, reflecting ongoing market challenges.

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Energean confirms final investment decision for Israel's Katlan

23rd Jul 2024 08:31

(Sharecast News) - Energean announced the final investment decision (FID) for its Katlan development project in Israel on Tuesday.

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Wiz ends $23bn deal talks with Google - reports

23rd Jul 2024 08:31

(Sharecast News) - Talks between Google-parent Alphabet and Israeli start-up Wiz have ended, it emerged on Tuesday, ending the prospect of a potential $23bn blockbuster deal.

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