News Archive

FTSE 100 movers: IAG flies higher; miners under the cosh

8th May 2024 14:30

(Sharecast News) - London's FTSE 100 was up 0.5% at 8,358.04 in afternoon trade on Wednesday.

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Shell sells Singapore refinery to Glencore joint venture

8th May 2024 14:29

(Sharecast News) - Energy giant Shell has announced that it is selling its interest in Singapore's Energy and Chemicals Park, the company's largest petrochemical production and export centre in Asia Pacific.

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AFC Energy chooses Illuming Power as manufacturing partner

8th May 2024 14:20

(Sharecast News) - Hydrogen power generation technology specialist AFC Energy announced the selection of North American manufacturer Illuming Power as its primary producer of fuel cell plates and stacks for its 'S Series' air-cooled platform.

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Mike Ashley's Fraser close to tie-up with Ted Baker - report

8th May 2024 14:00

(Sharecast News) - Mike Ashley is reportedly close to securing a deal to become the new British partner of struggling UK fashion chain Ted Baker.

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Wood Group surges after rejecting 205p a share takeover proposal from Sidara

8th May 2024 13:22

(Sharecast News) - Wood Group surged on Wednesday after saying it had rejected a 205p a share takeover proposal from Dubai-based engineering and consulting company Sidara, valuing it at more than £1.4bn.

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Puma sales inch higher on DTC surge

8th May 2024 13:09

(Sharecast News) - Puma's share price rose strongly on Wednesday after the sporting goods manufacturer delivered an in-line first-quarter performance, with surging direct-to-consumer (DTC) sales making up for weakness in wholesale, as the company reiterated its growth guidance for the full year.

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Acuity RM enters partnership with BSI Group

8th May 2024 12:58

(Sharecast News) - Software company Acuity RM announced a significant partnership between its subsidiary Acuity Risk Management (ARML) and BSI Group on Wednesday.

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TSB to cut jobs, close branches

8th May 2024 12:57

(Sharecast News) - British high street lender TSB is to cut more than 200 jobs and close branches, it was confirmed on Wednesday.

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US open: Stocks mixed as earnings take centre stage

8th May 2024 12:51

(Sharecast News) - Wall Street stocks were in the red early on Wednesday as corporate earnings continued to dominate markets.

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Butterfield out, Sedgwick in as Alliance Pharma CEO

8th May 2024 12:50

(Sharecast News) - Alliance Pharma announced a significant leadership transition on Wednesday, with chief executive Peter Butterfield stepping down from his role to pursue other business interests.

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MaxCyte reports strong first quarter

8th May 2024 12:45

(Sharecast News) - MaxCyte reported total first-quarter revenue of $11.3m in an update on Wednesday, making for a 32% increase compared to the same period in 2023.

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Berenberg raises target price on Frontier Developments

8th May 2024 12:45

(Sharecast News) - Analysts at Berenberg hiked their target price on video game business Frontier Developments from 170.0p to 300.0p on Wednesday, stating the group's strategy was "showing signs of promise".

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Andrews Sykes profit rises, revenue falls

8th May 2024 12:39

(Sharecast News) - Shares in Andrews Sykes Group were in the green on Wednesday, after it reported a mixed set of results for the 2023 financial year.

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PetroTal to acquire 100% interest in Peru's Block 131

8th May 2024 12:29

(Sharecast News) - PetroTal announced the signing of a definitive agreement to acquire a 100% working interest in Block 131 in Peru on Wednesday, including the producing Los Angeles field, through the acquisition of CEPSA Peruana.

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Toyota projects fall in profits after bumper fourth quarter

8th May 2024 12:09

(Sharecast News) - Toyota Motor projected a 20% decrease in profit for the current financial year on Wednesday, as it planned large investments in both suppliers and strategic initiatives after a strong fourth-quarter performance.

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