News Archive
Octopus Renewables reports progress on several fronts
12th Jun 2024 11:57
(Sharecast News) - Octopus Renewables Infrastructure Trust announced a number of updates on its construction and development activities on Wednesday.
Read moreAnglo Asian Mining shares jump as Azerbaijan gov't green lights tailing dam build
12th Jun 2024 11:54
(Sharecast News) - Anglo Asian Mining's share price surged on Wednesday after the gold, copper and silver miner moved one step closer to starting construction on the final part of its tailings dam in Azerbaijan.
Read moreBalanced CPT still seeking shareholder feedback amid strategic review
12th Jun 2024 11:45
(Sharecast News) - Balanced Commercial Property Trust updated the market on its ongoing strategic review process on Wednesday, which it launched on 15 April.
Read moreLondon midday: Stocks maintain gains after UK GDP, ahead of US inflation
12th Jun 2024 11:02
(Sharecast News) - London stocks were still in the black by midday on Wednesday as uninspiring UK GDP data raised hopes of a rate cut this summer.
Read moreEurope midday: Shares up ahead of US Fed, CPI; Rentokil surges
12th Jun 2024 10:52
(Sharecast News) - European shares were higher on Wednesday as investors digested stagnant UK GDP figures and awaited an interest rate decision from the US Federal Reserve after inflation data for May.
Read moreUS mortgage applications surge as Treasury yields fall
12th Jun 2024 10:38
(Sharecast News) - US mortgage applications soared 15.6% in the week ended 7 June, according to the Mortgage Bankers Association of America, rebounding from a 5.2% drop in the previous week and erasing the prior two week's declines.
Read moreEquals Group shares drop as MDP backs out of takeover talks
12th Jun 2024 10:33
(Sharecast News) - The share price of payment platform developer Equals Group dived on Wednesday after potential buyer Madison Dearborn Partners (MDP) bowed out of drawn-out takeover talks that have been ongoing since November.
Read moreUS pre-open: Futures cautiously higher ahead of FOMC decision
12th Jun 2024 10:22
(Sharecast News) - Wall Street futures were in the green ahead of the bell on Wednesday as investors look ahead to the outcome of the Federal Reserve's June policy meeting and another batch of inflation data.
Read moreAsia report: Markets mixed as investors digest regional inflation data
12th Jun 2024 10:17
(Sharecast News) - Markets across the Asia-Pacific region showed mixed performances on Wednesday, reflecting investor responses to varying inflation data from around the continent.
Read moreStarling sees profits surge, flags rise in bad loans
12th Jun 2024 10:05
(Sharecast News) - Challenger Starling Bank posted a jump in annual profits on Wednesday and reiterated its commitment to a possible stock market debut, despite a jump in bad loan provisions
Read moreCorcel joint venture refused mining lease in Papua New Guinea
12th Jun 2024 09:35
(Sharecast News) - Shares in oil, gas and battery metals small cap Corcel tanked on Wednesday after the company announced that the Papua New Guinea government refused to grant a direct shipping ore mining lease for its part-owned Mambare nickel-cobalt project.
Read moreJefferies trims price target, reiterates 'buy' on Whitbread
12th Jun 2024 09:25
(Sharecast News) - Jefferies has reiterated its 'buy' rating on Whitbread, on the back of the hospitality firm's growth plans.
Read moreBerenberg nudges up target price on Renew Holdings
12th Jun 2024 09:23
(Sharecast News) - Analysts at Berenberg raised their target price on engineering services firm Renew Holdings from 1,250.0p to 1,200.0p on Wednesday following the group's capital markets day last week.
Read moreCanaccord Genuity moves GB Group to 'buy'
12th Jun 2024 09:18
(Sharecast News) - Analysts at Canaccord Genuity raised their target price on software firm GB Group from 375.0p to 455.0p and moved the stock from 'speculative buy' to 'buy' on Wednesday following its full-year results a day earlier.
Read moreCheckit scores 'significant expansion' with existing customer, secures first AI contract win
12th Jun 2024 09:11
(Sharecast News) - Monitoring platform operator Checkit said on Wednesday that it has secured a "significant expansion" with an existing US customer and a first customer for its recently launched AI module.
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