News Archive
Shell's Q1 performance "encouraging", says RBC
3rd May 2024 11:44
(Sharecast News) - RBC Capital Markets has raised its forecasts for Shell and kept an 'outperform' rating, saying the business was "firing on most cylinders" in the quarter.
Read moreLondon midday: Stocks extend gains as Anglo rallies; payrolls eyed
3rd May 2024 11:36
(Sharecast News) - London stocks had extended gains by midday on Friday, with Anglo American leading the advance amid the prospect of a potential bidding war, as investors eyed the latest US non-farm payrolls report.
Read moreTekmar sells Subsea Innovation in £1.9m deal
3rd May 2024 11:28
(Sharecast News) - Tekmar Group announced the sale of Subsea Innovation (SIL) to Unique Group on Friday, through its subsidiary Unique System UK, for a total cash consideration of £1.9m.
Read moreEurope midday: Share extend gains; Aurubis slumps on UBS downgrade
3rd May 2024 11:21
(Sharecast News) - European shares extended gains on Friday as corporate news just kept coming with investors cheering better-than-expected results from tech stalwart Apple and a report that Glencore was considering a rival bid for Anglo-American.
Read morePhysiomics lowers forecasts amid contract delays
3rd May 2024 11:21
(Sharecast News) - Therapeutics and medicine-focussed mathematical modelling and data science company Physiomics said in an update on Friday that, despite a robust pipeline of potential new business, it had experienced delays in signing several large contracts.
Read moreDuke Capital invests another £4m in BPVA Ireland
3rd May 2024 11:16
(Sharecast News) - Duke Capital announced a follow-on investment of £4m into its existing capital partner, BPVA Ireland, on Friday.
Read moreTime Out opens its eighth market in Porto
3rd May 2024 11:12
(Sharecast News) - Media and hospitality company Time Out Group announced the opening of Time Out Market Porto in Portugal on Friday.
Read moreProspex Energy reports progress at Selva Malvezzi
3rd May 2024 11:02
(Sharecast News) - Prospex Energy updated the market on the Selva Malvezzi production concession in Italy on Friday, following a first-quarter activity report from Po Valley Energy (PVE).
Read moreUS pre-open: Futures in the green ahead of April NFP report
3rd May 2024 10:58
(Sharecast News) - Wall Street futures were in the green ahead of the bell on Friday ahead of key jobs data.
Read moreBerenberg raises target price on Standard Chartered
3rd May 2024 10:17
(Sharecast News) - Analysts at Berenberg raised their target price on multinational bank Standard Chartered from 1,050.0p to 1,100.0p on Friday after the group's Q1 earnings "validated" management's suggestion that the bank had experienced "an encouraging start" to the year.
Read moreNorway holds rates steady as expected
3rd May 2024 10:09
(Sharecast News) - Norway's central bank kept interest rates on hold at 4.50% on Friday, in line with expectations, adding that a tight monetary policy stance may be necessary longer than planned to curb inflation.
Read moreCiti sees significant upside at Team17
3rd May 2024 09:52
(Sharecast News) - Citi has reiterated its 'buy' rating for British video-game developer Team17, saying it sees significant upside to its valuation as operations stabilise.
Read moreUK service sector output grows at fastest pace since May 2023
3rd May 2024 09:51
(Sharecast News) - UK service sector output grew in April at its fastest pace since May 2023, according to a survey released on Friday.
Read moreEurozone jobless rate unchanged for fifth straight month
3rd May 2024 09:23
(Sharecast News) - The jobless rate in the eurozone held steady at a record low for the fifth straight month in March, according to figures released on Friday by Eurostat.
Read moreJefferies downgrades AJ Bell after share price rally
3rd May 2024 09:15
(Sharecast News) - Jefferies downgraded its stance on AJ Bell on Friday to 'hold' from 'buy' after a circa 30% rally in the shares this year.
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