News Archive

Diversified Energy reports Q3 net loss of $1m

12th Nov 2024 08:05

(Sharecast News) - Gas and oil production company Diversified Energy reported a net loss of $1.0m for the three months ended 30 September amid a continued focus on debt repayments and additional undeveloped land sales.

Read more

Fresnillo partner flags problems at Silverstream mineral source

12th Nov 2024 08:02

(Sharecast News) - Fresnillo announced on Tuesday that Industrias Peñoles, its partner in a long-standing silver production agreement, had notified it of operational issues affecting the Sabinas mine, fully owned by Peñoles.

Read more

Convatec raises guidance after robust sales growth

12th Nov 2024 07:59

(Sharecast News) - Wound care specialist Convatec raised its guidance for the 2024 financial year on Tuesday, following robust sales growth across its divisions.

Read more

UK unemployment rate ticks up, wage growth slows

12th Nov 2024 07:54

(Sharecast News) - UK unemployment ticked higher in the three months to September, while wage growth slowed, according to figures released on Tuesday by the Office for National Statistics.

Read more

BAE holds guidance, sees growth from global tensions

12th Nov 2024 07:48

(Sharecast News) - UK arms maker BAE Systems held annual guidance adding that its order book reflected demand from governments for weaponry amid increasing global tensions.

Read more

German CPI confirmed at 2% in October as food, services prices rise

12th Nov 2024 07:38

(Sharecast News) - German inflation rose in October, driven by a rise in food prices and ongoing above-average increases for services, official data confirmed on Tuesday.

Read more

London pre-open: Stocks seen lower as investors mull jobs data

12th Nov 2024 07:29

(Sharecast News) - London stocks were set to fall at the open on Tuesday following a weak session in Asia, as investors mulled the latest UK jobs data.

Read more

Tuesday newspaper round-up: Bluesky, British Steel, FRC

12th Nov 2024 07:20

(Sharecast News) - Social media platform Bluesky has picked up more than 700,000 new users in the week since the US election, as users seek to escape misinformation and offensive posts on X. The influx, largely from North America and the UK, has helped Bluesky reach 14.5 million users worldwide, up from 9 million in September, the company said. - Guardian

Read more

AstraZeneca upgrades full-year guidance amid strong momentum

12th Nov 2024 07:17

(Sharecast News) - AstraZeneca upgraded its full-year revenue and earnings per share guidance on Tuesday, citing strong growth across key therapy areas and robust financial results for the first nine months of the year.

Read more

Genel Energy lowers net debt position

12th Nov 2024 07:16

(Sharecast News) - Oil company Genel Energy said on Tuesday that it had significantly lowered its net debt position throughout the first nine months of the trading year.

Read more

FCA fines Metro Bank £16.7m for anti-money laundering failings

12th Nov 2024 07:14

(Sharecast News) - The Financial Conduct Authority said on Tuesday that it has fined Metro Bank £16.7m for failing to have the right controls in place to combat money laundering.

Read more

Brookfield wins battle for Tritax as Segro declines to up bid

12th Nov 2024 07:02

(Sharecast News) - Canadian asset manager Brookfield has won the battle for warehouse owner Tritax EuroBox after Segro said it would not up its offer, but the rival bidders did strike a deal to split their target's portfolio in a €470m deal.

Read more

US close: Five-day win streak sends stocks to new highs

11th Nov 2024 18:40

(Sharecast News) - US stocks rose for the fifth straight session on Monday, with all three Wall Street benchmarks hitting new closing highs, as the post-election rally continued.

Read more

London close: Stocks maintain gains ahead of UK jobs data

11th Nov 2024 16:57

(Sharecast News) - London markets closed higher on Monday, with Croda International among the leaders after the specialty chemicals company reported a strong third-quarter sales update.

Read more

FTSE 250 movers: Direct Line falls; Kainos surges

11th Nov 2024 15:23

(Sharecast News) - FTSE 250 (MCX) 20,746.46 1.11%

Read more