News Archive

PayPoint considers buyback after strong full year

22nd Apr 2024 09:49

(Sharecast News) - PayPoint said on Monday that it was mulling a potential share buyback after a strong full-year performance.

Read more

Asia report: Markets mixed as PBoC keeps rates steady

22nd Apr 2024 09:40

(Sharecast News) - Asia-Pacific markets closed in a mixed state on Monday, following a significant sell-off on Friday, with investors closely eyeing fresh data releases from key economies including China, Japan, and South Korea throughout the week.

Read more

Asda underlying profit jumps 24% in 2023

22nd Apr 2024 09:32

(Sharecast News) - Asda reported a jump in full-year underlying profit and sales on Monday as it continued to lower prices.

Read more

Gem Diamonds recovers 169-carat white diamond in Lesotho

22nd Apr 2024 09:31

(Sharecast News) - Gem Diamonds announced the retrieval of a notable 169.15-carat type II white diamond from its Letšeng mine in Lesotho on Monday.

Read more

Galp shares surge on news from Namibia's Mopane field

22nd Apr 2024 09:19

(Sharecast News) - Shares in Portuguese oil company Galp Energia popped on Monday, after it announced completion of the initial exploration phase in the Mopane field, offshore Namibia, revealing the potential presence of a substantial oil reserve of at least 10 billion barrels.

Read more

Helical reports progress across its portfolio

22nd Apr 2024 08:42

(Sharecast News) - Helical updated the market on its trading from 8 January to 19 April on Monday, reporting a series of developments across its portfolio.

Read more

Anglo American to oppose any Kabwe claim appeal

22nd Apr 2024 08:29

(Sharecast News) - Anglo American said in an update on Monday that it would oppose any appeal related to the Kabwe claim, which it considers "misconceived".

Read more

London open: Retail stocks help FTSE 100 jump 1.2% early on

22nd Apr 2024 08:25

(Sharecast News) - London's FTSE 100 surged in early deals on Monday, with just six stocks on the top-tier index trading in negative territory, as markets edged closer to their all-time highs ahead of a busy week.

Read more

Europe open: Shares make bright start; Galp gushes on Namibia news

22nd Apr 2024 08:15

(Sharecast News) - European shares started the week in positive mood with the benchmark Stoxx 600 index pushing over the 500 mark at the open.

Read more

Hornby losses weaken as margins take a hit

22nd Apr 2024 08:15

(Sharecast News) - Models and collectibles group Hornby said in an update on Monday that its underlying losses before tax had weakened in the second half of its financial year, as sales remained broadly stable and its margins took a hit.

Read more

Thames Water looks to hike consumer bills by as much as 44%

22nd Apr 2024 08:01

(Sharecast News) - Heavily indebted utility provider Thames Water will look to convince industry regulator Ofwat to allow it to hike consumer bills by as much as 44% over the next five years.

Read more

Cerillion flags strong first-half revenue, earnings performance

22nd Apr 2024 07:56

(Sharecast News) - Billing, charging and customer relationship management (CRM) software specialist Cerillion said in an update on Monday that its first-half results were expected to reach new heights in terms of revenue and adjusted EBITDA.

Read more

Chill Brands suspends CEO amid inside-information allegations

22nd Apr 2024 07:53

(Sharecast News) - Shares in Chill Brands tanked on Monday morning after the vape maker announced it had suspended its chief executive pending the results of an investigation into the use of inside information.

Read more

Frasers Group stops FRC from publishing key findings of review - report

22nd Apr 2024 07:53

(Sharecast News) - Mike Ashley's Frasers Group has reportedly refused to allow the Financial Reporting Council to publish the key findings of a review into the retail group's latest annual report.

Read more

Blackstone confirms possible $1.5bn offer for Hipgnosis

22nd Apr 2024 07:44

(Sharecast News) - Shares in Hipgnosis Songs Fund spiked again on Monday when private equity outfit Blackstone made a potential $1.5bn offer to buy the troubled music rights investor, setting up a bidding war with Concord Chorus.

Read more