News Archive
e-Therapeutics proposes £29m fundraising, delisting from AIM
10th Apr 2024 12:32
(Sharecast News) - RNAi medicines data and development specialist e-Therapeutics proposed a fundraise and its delisting from AIM on Wednesday.
Read moreRS Group well-positioned for market recovery, says Numis
10th Apr 2024 12:16
(Sharecast News) - Numis has cut its estimates for industrial and electrical products maker RS Group but kept a 'buy' rating, saying that the company is well placed to benefit from gradually improving macro conditions.
Read moreEpwin reports strong year despite market challenges
10th Apr 2024 12:13
(Sharecast News) - Energy-efficient and low-maintenance building products specialist Epwin Group said in its final results on Wednesday that, despite challenges posed by raw material cost inflation and market volatility, it delivered a strong performance, with revenue totalling £345.4m and underlying operating profit reaching £25.5m, marking a 19% increase over the prior year.
Read moreStrategic Minerals reports jump in Cobre sales revenue
10th Apr 2024 12:06
(Sharecast News) - Strategic Minerals said in an update on Wednesday that in the March quarter, sales revenue from Cobre totalled $0.841m, marking an increase of over 100% compared to the same period in 2023.
Read moreMercia Asset Management reports record fund inflows
10th Apr 2024 12:00
(Sharecast News) - Mercia Asset Management released its trading summary for the financial year ended 31 March on Wednesday, with organic fund inflows surpassing £0.5bn, marking a record and reflecting a 40% surge in third-party funds under management since the start of the financial year.
Read moreEurope midday: Stocks rise ahead of key US inflation data
10th Apr 2024 11:59
(Sharecast News) - Strong gains from tech stocks, as well as heavyweights Tesco and Philips, were providing a lift on European equity markets on Wednesday, with investors in a positive mood ahead of a key inflation report from across the Pond.
Read more4basebio to provide synthetic DNA to tier-one pharma firm
10th Apr 2024 11:55
(Sharecast News) - 4basebio confirmed the provision of its synthetic DNA to an unnamed tier-one pharmaceutical company on Wednesday.
Read moreMalvern International reports strong turnaround in 2023
10th Apr 2024 11:51
(Sharecast News) - Malvern International unveiled its preliminary results for 2023 on Wednesday, showcasing a notable turnaround in its business performance.
Read moreUS pre-open: Stocks little changed ahead of CPI reading
10th Apr 2024 11:48
(Sharecast News) - Wall Street futures were little changed ahead of the bell as market participants awaited the release of March's all-important consumer price index later in the day.
Read moreeasyJet cabin crew secure 20pc rise in base pay
10th Apr 2024 11:42
(Sharecast News) - Cabin crew at low-cost airline easyJet are to receive a 20% increase in their basic pay, it was announced on Wednesday, after negotiations with the Unite union.
Read moreCourt overturns EU sanctions against two Russian billionaires
10th Apr 2024 10:48
(Sharecast News) - A senior European Union court has lifted sanctions against Russian billionaires Mikhail Fridman and Petr Aven, it was confirmed on Wednesday.
Read moreLondon midday: Tesco paces gains as investors eye US inflation
10th Apr 2024 10:39
(Sharecast News) - London stocks were still in the black by midday on Wednesday, with Tesco pacing the gains after well-received results, as investors eyed the latest US inflation reading.
Read moreCanaccord Genuity raises target price on Spirent Communications
10th Apr 2024 10:28
(Sharecast News) - Analysts at Canaccord Genuity raised their target price on telecommunications testing company Spirent Communications from 175.5p to 199.0p on Wednesday following Keysight's recent cash offer.
Read moreChamberlin Q3 underlying demand below management expectations
10th Apr 2024 10:27
(Sharecast News) - Castings and machining group Chamberlin said on Wednesday that underlying demand was below internal expectations during Q3, with lower than anticipated sales "negatively" affecting profitability and working capital.
Read moreNATS appoints former Rolls-Royce CEO as chair
10th Apr 2024 10:26
(Sharecast News) - Warren East, the former boss of Rolls-Royce and ARM Holdings, has been appointed as chair of NATS as the air traffic control company attempts to repair its reputation following last August's IT system meltdown which led to more than 700,000 passengers facing disruption.
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