News Archive

Moderna bets big on RSV vaccine as full-year guidance unchanged

2nd May 2024 11:54

(Sharecast News) - Moderna saw its share price surge on Thursday after posting a smaller-than-expected quarterly loss as the Covid vaccine maker sets its sights on regulatory approvals of its second product later in the year.

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Maersk lifts profit guidance, expects Red Sea disruption to continue

2nd May 2024 11:34

(Sharecast News) - Danish shipping and logistics giant A.P. Møller - Mærsk has lifted its 2024 profit guidance, saying that Red Sea disruptions are likely to continue for the rest of the year.

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ING to return €2.5bn to shareholders

2nd May 2024 11:27

(Sharecast News) - Dutch lender ING Groep said on Thursday that it will return €2.5bn to shareholders following a "very strong" first quarter.

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London midday: Stocks up but off highs as StanChart surges on results

2nd May 2024 11:13

(Sharecast News) - London stocks were still in the black but off earlier highs by midday on Thursday, helped along by solid performances from the likes of Standard Chartered and Smurfit Kappa, as investors continued to digest the latest policy announcement from the Federal Reserve.

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Ironveld appoints Kristoffer Andersson as CEO

2nd May 2024 10:56

(Sharecast News) - Iron ore mining firm Ironveld has tapped Kristoffer Andersson to take over as chief executive officer.

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Tertiary Minerals upbeat on fresh Brunton Pass findings

2nd May 2024 10:46

(Sharecast News) - Tertiary Minerals announced optimistic findings from a recent geophysical survey at its Brunton Pass Copper-Gold Project in Nevada on Thursday.

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Arkle raises £0.27m to advance lithium programme

2nd May 2024 10:40

(Sharecast News) - Irish gold and zine explorer Arkle Resources announced on Thursday that it has raised £0.27m before expenses to advance its lithium programme.

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Universal artists to return to TikTok

2nd May 2024 10:39

(Sharecast News) - Universal Music Group has ended its boycott of social media platform TikTok after the two groups struck a new licensing deal.

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Kitwave confident despite recent trading weakness

2nd May 2024 10:32

(Sharecast News) - Kitwave Group said in a trading update on Thursday that it was maintaining its performance in line with current market expectations for the year ending 31 October.

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Lords Group extends £95m lending facility

2nd May 2024 10:25

(Sharecast News) - Building materials distributor Lords Group announced an extension to its current £95m lending facilities on Thursday.

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SIG posts drop in sales amid 'challenging' markets

2nd May 2024 10:07

(Sharecast News) - Building products supplier SIG reported a drop in sales on Thursday amid continued "challenging" market conditions.

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Asia report: Markets mixed as Fed stands pat on rates

2nd May 2024 10:03

(Sharecast News) - Asia-Pacific stock markets finished with a mixed performance on Thursday, following the US Federal Reserve's decision to maintain interest rates at the end of its two-day meeting overnight.

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UK economic growth to remain 'sluggish' - OECD

2nd May 2024 09:57

(Sharecast News) - UK growth is set to remain sluggish this year, a leading economic organisation forecast on Thursday, weighed down by restrictive monetary policy.

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ArcelorMittal smashes profit forecasts in first quarter

2nd May 2024 09:50

(Sharecast News) - Luxembourg-based steel titan ArcelorMittal beat forecasts with its first-quarter profits on Thursday as it painted a positive outlook for global steel demand.

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EZ manufacturing still hit by weak demand - PMI

2nd May 2024 09:41

(Sharecast News) - The malaise in eurozone manufacturing activity worsened last month on the back of anaemic demand despite price cuts at the factory gate, with companies axing more jobs as a result, a survey showed on Thursday.

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