News Archive

JPMorgan Chase Q3 figures top estimates

11th Oct 2024 12:45

(Sharecast News) - US banking giant JPMorgan Chase reported third-quarter figures that topped estimates on both the top and bottom lines.

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Northvolt in talks with investors, lenders over €200m funding

11th Oct 2024 12:19

(Sharecast News) - Battery maker Northvolt is reportedly in talks with investors and lenders to secure about €200m in short-term funding as it seeks to stabilise its finances.

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BlackRock sees assets under management surge to record high

11th Oct 2024 12:17

(Sharecast News) - Assets under management at BlackRock have topped $11trn, the US investment giant confirmed on Friday, a fresh high.

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Verici Dx announces delay to Medicare determination for Tutivia test

11th Oct 2024 11:50

(Sharecast News) - Verici Dx, a developer of advanced clinical diagnostics for organ transplants, announced an extension to its timeline for submitting supplemental information to the US Centers for Medicare and Medicaid Services in support of coverage determination for its 'Tutivia' test.

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Europe midday: Stoxx pares losses as eyes turn to China news conference

11th Oct 2024 11:36

(Sharecast News) - European markets were slightly lower on Friday as investors digested UK GDP data and looked ahead to widely expected fresh stimulus measures from China.

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Premier Miton reports full-year growth in AuM, but weak Q4

11th Oct 2024 11:34

(Sharecast News) - Premier Miton Group reported a 9% increase in assets under management for the financial year ended 30 September on Friday, reaching £10.7bn, up from £9.8bn a year earlier.

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Two Trinity Exploration directors signal intent to vote for takeover

11th Oct 2024 11:26

(Sharecast News) - Trinity Exploration confirmed on Friday that two of its directors, Nicholas Clayton and Jeremy Bridglalsingh, were intending to vote in favour of the proposed acquisition of the company by Lease Operators.

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Dekel Agri-Vision reports fall in palm oil production

11th Oct 2024 11:19

(Sharecast News) - West African agriculture company Dekel Agri-Vision updated the market on production in the third quarter on Friday, for its palm oil and cashew operations in Côte d'Ivoire.

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'Intense' competition in China weighs heavily on Volkswagen

11th Oct 2024 11:07

(Sharecast News) - Global car sales at Volkswagen Group fell sharply in the last quarter, the German manufacturer confirmed on Friday, dragged down by stiff competition in China.

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Braveheart acquires 29.5pc stake in IQ-AI

11th Oct 2024 11:03

(Sharecast News) - Braveheart Investment Group announced on Friday that it had acquired a 29.51% stake in IQ-AI, an imaging software and healthcare diagnostics company, for £0.72m.

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Auction Technology Group performing well but improvements needed, says RBC

11th Oct 2024 10:55

(Sharecast News) - RBC Capital Markets has trimmed its target price for Auction Technology Group (ATG) and kept a 'sector perform' stance on the stock, saying that it needs to see evidence of improving market conditions before turning more positive.

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London midday: Stocks edge down ahead of China update; UK GDP in focus

11th Oct 2024 10:37

(Sharecast News) - London stocks had edged lower by midday on Friday as investors mulled the latest UK GDP data and awaited an update on China's stimulus plans.

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US pre-open: Futures in the red as Q3 earnings season gets underway

11th Oct 2024 10:28

(Sharecast News) - Wall Street futures were in the red ahead of the bell on Friday as market participants digested quarterly earnings reports from some of the biggest names in US banking.

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Asia report: Most markets fall as Bank of Korea trims rates

11th Oct 2024 10:25

(Sharecast News) - Asia-Pacific markets mostly fell on Friday, with Chinese stocks leading declines, as investors awaited a key policy briefing and digested US inflation data that weighed on Wall Street overnight.

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Digital 9 appoints new investment manager for portfolio wind-down

11th Oct 2024 10:20

(Sharecast News) - Digital 9 Infrastructure announced the appointment of InfraRed Capital Partners as its new investment manager and alternative investment fund manager (AIFM) on Friday, overseeing the managed wind-down of its portfolio.

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