News Archive

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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ECR Minerals reports encouraging test results from Blue Mountain Project

8th Oct 2024 14:56

(Sharecast News) - ECR Minerals announced highly encouraging results from test work at the Blue Mountain Project in Queensland on Tuesday, revealing a 91.7% gold recovery rate from ore samples using a single-stage gravity recoverable gold (GRG) process.

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US open: Stocks mixed as bond yields remain elevated

8th Oct 2024 14:49

(Sharecast News) - Major indices were mixed early on Tuesday as oil prices eased slightly but bond yields remained elevated.

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FTSE 100 movers: Imperial Brands rallies; Vistry tanks on profit warning

8th Oct 2024 14:30

(Sharecast News) - London's FTSE 100 was down 1.4% at 8,190.48 in afternoon trade on Tuesday.

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JPMorgan expects 'muted trends' from Q3 luxury earnings season

8th Oct 2024 14:14

(Sharecast News) - Burberry's stock was out of favour on Tuesday as demand concerns were weighing on the wider European luxury sector, with earlier optimism surrounding stimulus measures from China quickly fading.

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IQE appointa Mark Cubitt as its new chair

8th Oct 2024 14:00

(Sharecast News) - Compound semiconductor wafer products and advanced material solutions IQE announced the appointment of Mark Cubitt to its board on Tuesday, as an independent non-executive director and chair-elect.

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PetroTal reports strong third quarter performance

8th Oct 2024 13:19

(Sharecast News) - PetroTal reported a strong third quarter operational and financial performance on Tuesday, with average production of 15,160 barrels of oil per day, a 39% increase compared to a year earlier.

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PepsiCo cuts revenue outlook again

8th Oct 2024 13:12

(Sharecast News) - PepsiCo cut its annual organic revenue guidance again on Tuesday as it highlighted a "subdued" performance in North America in the third quarter.

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Wednesday preview: FOMC minutes, Fed speak in focus

8th Oct 2024 12:30

(Sharecast News) - The market spotlight in the middle of the week will continue to be trained on the US central bank.

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FTSE 250 movers: Senior and Ithaca Energy drop sharply

8th Oct 2024 12:22

(Sharecast News) - The FTSE 250 was trading with heavy losses on Tuesday afternoon, down 1.1% with more than 90% of constituents trading in the red, led by Senior after the engineering solutions provider announced that the ongoing supply and logistical challenges hitting the wider aerospace sector will have an impact on full-year results.

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Berenberg lowers target price on Impax Asset Management

8th Oct 2024 12:16

(Sharecast News) - Analysts at Berenberg lowered their target price on Impax Asset Management from 620.0p to 560.0p on Tuesday but noted that outflows had started to slow.

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GSK's Arexvy provides protection over three RSV seasons, trial shows

8th Oct 2024 11:57

(Sharecast News) - GSK has announced positive results from a phase III trial of its Arexvy RSV vaccine, showing that just one dose of the treatment could help protect older adults at risk of RSV disease over three seasons.

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NFIB small business optimism index falls short of expectations

8th Oct 2024 11:43

(Sharecast News) - The National Federation of Independent Business' September optimism index increased to 91.5 in September, missing forecasts for a print of 91.7 and marking the 33rd consecutive month below the 50-year average of 98.

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London midday: FTSE stays down on China disappointment; Vistry tanks

8th Oct 2024 11:42

(Sharecast News) - London stocks were still sharply lower by midday on Tuesday as investors were left disappointed by a lack of new stimulus measures from China, and with housebuilder Vistry in freefall after a profit warning.

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