News Archive

Serica Energy revenue, earnings fall in full-year results

24th Apr 2024 12:21

(Sharecast News) - Serica Energy reported a shift in average realised sales prices in its final results on Wednesday, with post-hedging prices averaging around $63 per barrel of oil equivalent for 2023, a decrease from $104 in 2022.

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Morgan Advanced Materials lays out growth plans

24th Apr 2024 12:12

(Sharecast News) - Morgan Advanced Materials updated the market on its financial goals on Wednesday, as it aimed to surpass organic revenue growth rates through a combination of organic expansion, strategic mergers and acquisitions, and shareholder value creation.

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US mortgage applications fall 2.7% week-on-week

24th Apr 2024 12:09

(Sharecast News) - US mortgage applications fell by 2.7% week-on-week in the seven days ended 19 April, trimming the 3.3% increase from halfway through the month to mark the sharpest weekly decline since early February, according to the Mortgage Bankers Association of America.

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More than 3,000 jobs at risk at Casino

24th Apr 2024 12:08

(Sharecast News) - Beleaguered French retailer Casino Guichard-Perrachon is to cut up to 3,200 jobs as part of wide-reaching overhaul.

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Thursday preview: US Q1 GDP, Barclays in focus

24th Apr 2024 11:57

(Sharecast News) - Investors' attention on Thursday will be on a first reading for U.S. gross domestic product growth during the first quarter.

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Europe midday: Shares hold gains despite Evotec plunge on outlook

24th Apr 2024 11:54

(Sharecast News) - European shares made slight gains on Wednesday as the UK's FTSE 100 posted another intra-day record, but comments from a European Central Bank policy maker on rate cuts also tempered sentiment, while shares in German biotech firm Evotec slumped by a third on a disappointing outlook.

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Asia report: Most markets rise as inflation slows in Australia

24th Apr 2024 11:37

(Sharecast News) - Markets across the Asia-Pacific region were in the green on Wednesday, buoyed by a continued rally on Wall Street for the second consecutive day.

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Canaccord Genuity raises target price on Star Energy

24th Apr 2024 11:34

(Sharecast News) - Analysts at Canaccord Genuity raised their target price on oil and gas extraction firm Star Energy from 55.0p to 66.0p on Wednesday, taking account of new commodity assumptions.

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Berenberg ups target price on Microlise following FY results

24th Apr 2024 11:33

(Sharecast News) - Over at Berenberg, analysts hiked their target price on software firm Microlise Group from 170.0p to 210.0p on Wednesday after the company published its in-line full-year results earlier in the month.

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London midday: Earnings and metal prices lift FTSE 100 to another record

24th Apr 2024 11:03

(Sharecast News) - UK equities were continuing to reach new heights on Wednesday as markets rose for the sixth consecutive session, helped by rising mining stocks and well-received results from Reckitt Benckiser and Lloyds.

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Filtronic shares rocket after inking SpaceX partnership

24th Apr 2024 10:56

(Sharecast News) - Filtronic's shares rocketed after announcing that it had entered into a supply agreement with SpaceX.

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US pre-open: Futures mixed, Boeing earnings better than feared

24th Apr 2024 10:44

(Sharecast News) - Wall Street futures were pointing to a mixed open ahead of the bell on Wednesday as market participants braced for another busy day in terms of corporate earnings.

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Gear4music trades in line, gross margins and profitability improves

24th Apr 2024 10:40

(Sharecast News) - Music instruments retailer Gear4music said on Wednesday that its full-year performance was in line with market expectations, having delivered both gross margin and profitability improvements.

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Sentiment picks up across UK manufacturing - CBI

24th Apr 2024 10:30

(Sharecast News) - Sentiment across the UK manufacturing sector improved in April, an industry survey showed on Wednesday, as output steadied.

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Apax Global Alpha to invest €8m in IANS

24th Apr 2024 10:15

(Sharecast News) - Investment firm Apax Global Alpha said on Wednesday that it intends to invest roughly €8.0m in order to acquire research and advisory services business IANS.

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