News Archive

US economy adds just 12,000 jobs in October

1st Nov 2024 12:28

(Sharecast News) - The US economy added 12,000 jobs in October, according to the Bureau of Labor Statistics, well below September's downwardly revised 223,000 print and expectations of 113,000.

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Challenger Energy finance chief steps down

1st Nov 2024 12:08

(Sharecast News) - Challenger Energy Group announced the resignation of chief financial officer Gagan Khurana on Friday, effective immediately, due to personal reasons.

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Chevron beats Q3 expectations

1st Nov 2024 11:20

(Sharecast News) - Energy giant Chevron beat Q3 earnings and revenue expectations on Friday as it returned a record amount of cash to shareholders.

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London midday: Stocks extend gains ahead of payrolls

1st Nov 2024 10:55

(Sharecast News) - London stocks had extended gains by midday on Friday as investors digested a raft of UK data releases and looked ahead to the US non-farm payrolls report.

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Europe midday: Oil stocks drive markets higher as crude jumps

1st Nov 2024 10:55

(Sharecast News) - Europe's equity markets rebounded strongly on Friday following three straight days in the red, with oil stocks tracking the price of crude higher amid ongoing conflict in the Middle East.

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Ondine raising £8.5m to fund US clinical trial

1st Nov 2024 10:47

(Sharecast News) - Ondine Biomedical announced a proposed minimum £8.5m fundraising through a placing and subscription of new shares on Friday, priced at 8.5p each, to support the US phase three clinical trial of its nasal photodisinfection system, 'Steriwave'.

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US pre-open: Futures higher ahead of NFP reading

1st Nov 2024 10:29

(Sharecast News) - Wall Street futures were in the green ahead of the bell on Friday as traders awaited last month's all-important jobs report.

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Global Petroleum full-year losses narrow

1st Nov 2024 10:28

(Sharecast News) - Global Petroleum reported a loss after tax of $1.04m in its final results on Friday, narrowing from $1.28m year-on-year.

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Emmerson launches formal dispute with Moroccan government

1st Nov 2024 10:20

(Sharecast News) - Potash development company Emmerson announced on Friday that it has formally notified the Moroccan government of an investment dispute, citing breaches of the 1990 Bilateral Investment Treaty (BIT) between the UK and Morocco.

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CAP-XX raises £2.75m in oversubscribed placing

1st Nov 2024 10:17

(Sharecast News) - CAP-XX announced on Friday that it has successfully raised £2.75m in an oversubscribed placing and subscription, ahead of expenses.

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ECR Minerals enters exclusivity deal for potential sale of MGA

1st Nov 2024 10:13

(Sharecast News) - ECR Minerals announced on Friday that it has entered into an exclusivity agreement for the potential sale of its subsidiary Mercator Gold Australia (MGA), including around AUD 75m (£38.14m) in tax losses.

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Minoan announces measures to reduce liabilities

1st Nov 2024 10:07

(Sharecast News) - Minoan Group announced further measures to reduce its liabilities and update its financing strategy on Friday.

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Asia report: Most markets start November in the red

1st Nov 2024 09:50

(Sharecast News) - Asia-Pacific markets faced declines on Friday, mirroring Wall Street's recent downturn, as investors braced for the Federal Reserve's upcoming interest rate decision and the imminent US elections.

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Secure Trust Bank warns on profits amid vehicle finance difficulties

1st Nov 2024 09:47

(Sharecast News) - Secure Trust Bank reported continued growth in new business volumes and net lending in an update on Friday, although challenges in its vehicle finance segment led to a downgrade in its underlying profit expectations.

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Helical sells share in JJ Mack Building for £71.4m

1st Nov 2024 09:40

(Sharecast News) - Helical announced on Friday that it has completed the sale of its 50% interest in the JJ Mack Building, London EC1, to joint venture partner AshbyCapital for £71.4m.

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