News Archive

AstraZeneca lays out plans to hit $80bn in revenues by 2030

21st May 2024 07:34

(Sharecast News) - AstraZeneca has unveiled medium-term growth targets to nearly double group revenues by the end of the decade as it predicts significant growth from existing oncology, biopharmaceuticals and rare disease portfolios.

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FTSE 250 movers: Big Yellow gains after results; Pennon slides

21st May 2024 07:24

(Sharecast News) - London's FTSE 250 was down 0.6% at 20,747.50 in afternoon trade on Tuesday.

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Tuesday newspaper round-up: New homes, AI, Mike Ashley

21st May 2024 07:23

(Sharecast News) - A Labour government would aim to announce the sites for a series of new towns within a year of taking office, with the promise that homes would be built in them by the end of a first term, Angela Rayner is to say in a speech. Giving more detail to a plan first outlined in Keir Starmer's party conference speech in October, Rayner will tell a housing conference that Labour will strongly support private developers who create high-quality and affordable housing. - Guardian

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GSK reports promising results from asthma treatment trials

21st May 2024 07:21

(Sharecast News) - GSK announced promising results from phase three clinical trials evaluating the efficacy and safety of depemokimab in treating severe asthma with type 2 inflammation on Tuesday.

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Regulator probes lack of competition to Visa, Mastercard

21st May 2024 07:19

(Sharecast News) - The Payment Systems Regulator (PSR) said in an interim report on Tuesday that Mastercard and Visa, the UK's two dominant payment card schemes, did not face effective competition in the supply of scheme and processing services to acquirers.

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Kingfisher's LFL sales hit by France weakness

21st May 2024 07:14

(Sharecast News) - Home improvement retailer Kingfisher has said that first-quarter like-for-like sales were down on last year on the back of weakness in France, with the decline picking up pace early into the second quarter.

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Europe close: Stocks end mostly higher

21st May 2024 01:04

(Sharecast News) - European shares extended gains on Monday even as investors eyed events in Iran after the death of President Ebrahim Raisi in a helicopter crash over the weekend, along with the country's foreign minister.

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US close: Dow Jones retreats from record highs

20th May 2024 21:34

(Sharecast News) - Wall Street stocks turned in a mixed performance on Monday after the Dow Jones closed above the 40,000-point watermark for the first time in history.

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Big Yellow full-year revenue, earnings rise

20th May 2024 16:56

(Sharecast News) - Big Yellow Group reported robust revenue growth and increased profitability in its full-year results, released after markets closed on Monday.

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Director dealings: Dunelm director raises stake

20th May 2024 15:33

(Sharecast News) - Dunelm revealed on Monday that non-executive director Ajay Kavan had acquired 2,450 ordinary shares in the FTSE 250-listed home furnishings retailer.

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FTSE 100 movers: Fresnillo shines; Imperial Brands in the red

20th May 2024 14:52

(Sharecast News) - London's FTSE 100 was up 0.1% at 8,429.01 in afternoon trade on Monday.

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FTSE 250 movers: Kainos surges on results

20th May 2024 14:49

(Sharecast News) - FTSE 250 (MCX) 20,855.37 0.51%

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Broker tips: Kistos Energy, Imperial Brands, NatWest, Trainline, Rio Tinto

20th May 2024 14:45

(Sharecast News) - Analysts at Berenberg slashed their target price on independent energy company Kistos from 455.0p to 305.0p on Monday following the group's full-year results and updated guidance.

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AFC Energy inks deal to supply fuel cells to Niftylift

20th May 2024 14:44

(Sharecast News) - Hydrogen power generation technology developer AFC Energy announced an agreement to supply its S Series fuel cell modules to Niftylift UK on Monday.

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Tuesday preview: Fedspeak, BoE's Bailey in focus

20th May 2024 14:26

(Sharecast News) - Investors' attention on Tuesday will be on a raft of speeches from top US central bank officials.

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