News Archive

Wednesday newspaper round-up: Telecoms companies, zero-hours contracts, Boeing

9th Oct 2024 07:32

(Sharecast News) - The UK advertising watchdog has cracked down on marketing campaigns by telecoms companies including BT, EE, Virgin Media and O2 for misleading consumers about price rises added to their bills during their contracts. The Advertising Standards Authority (ASA) has issued a batch of rulings against ads run by BT, its subsidiaries EE and Plusnet, as well as TalkTalk, O2 and Virgin Media broadband. - Guardian

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Revolution Beauty H1 sales, profit drop but return to sales growth seen in Q4

9th Oct 2024 07:27

(Sharecast News) - Revolution Beauty reported a drop in first-half sales and profits on Wednesday but said sales were set to return to growth in the fourth quarter.

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US DoJ calls for breakup of Google

9th Oct 2024 07:26

(Sharecast News) - The US government was said to be calling for a judge to break up Google in a potentially landmark ruling that would reshaped just how tech giants conduct their affairs.

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Syncona's Purespring raises £80m in new financing

9th Oct 2024 07:21

(Sharecast News) - Life science investor Syncona said its portfolio company Purespring Therapeutics, which focuses on gene therapies for kidney diseases, had raised £80m in an oversubscribed financing.

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CMC Markets flags strong first half

9th Oct 2024 07:20

(Sharecast News) - CMC Markets reported a strong first half in an update on Wednesday, driven by its diversification strategy and growing institutional business.

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Mondi snaps up Schumacher Packaging assets in Western Europe

9th Oct 2024 07:16

(Sharecast News) - Paper and packaging giant Mondi has announced the acquisition of the Western European corrugated converting and solid board assets of Schumacher Packaging.

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Rio Tinto to buy Arcadia Lithium for $6.7bn

9th Oct 2024 07:03

(Sharecast News) - Rio Tinto said it had struck a deal to buy Arcadium Lithium for $6.7bn, making it a major producer of a key component of electric vehicle batteries.

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US close: Tech stocks lead markets higher

8th Oct 2024 21:38

(Sharecast News) - US stocks finished higher on Tuesday, with the Nasdaq outperforming the other main benchmarks as all Magnificent Seven heavyweights advanced.

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Europe close: Luxury, commodity stocks drop as China concerns hit markets

8th Oct 2024 16:19

(Sharecast News) - European stocks pared losses slightly by the close after a positive start on Wall Street but remained firmly in the red, with heavy falls in the drinks, luxury and commodities sectors dragging indices into the red.

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London close: Stocks finish lower on China stimulus disappointment

8th Oct 2024 16:06

(Sharecast News) - London markets ended Tuesday on a weaker note, weighed down by investor disappointment over the absence of new stimulus measures from China.

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Intercede reports strong half-year revenue growth

8th Oct 2024 16:01

(Sharecast News) - Cybersecurity software company Intercede reported strong revenue growth for the six months ended 30 September in an update on Tuesday.

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Gooch & Housego reports strong second half of trading

8th Oct 2024 15:45

(Sharecast News) - Gooch & Housego, a specialist manufacturer of photonic components and systems, reported a strong second half of trading in an update on Tuesday, in line with market expectations.

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Fusion Antibodies reports positive recent trading

8th Oct 2024 15:40

(Sharecast News) - Fusion Antibodies reported positive trading in an update on Tuesday, highlighting significant progress for the first half of its financial year.

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GenIP reports encouraging initial demand for GenAI services

8th Oct 2024 15:36

(Sharecast News) - GenIP, a technology company specialising in generative artificial intelligence (GenAI) services, announced encouraging initial results on Tuesday, following the launch of its enhanced GenAI services on 1 September.

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Director dealings: Ramsdens chairman lowers stake

8th Oct 2024 15:29

(Sharecast News) - Ramsdens revealed on Tuesday that chairman Andrew Meehan and his wife, Susan, had disposed of 125,000 ordinary shares in the London-listed jeweller and pawnbroker.

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