News Archive

US FDA gives green light for use of AstraZeneca's Voydeva

2nd Apr 2024 07:08

(Sharecast News) - America's drug regulator gave the green light to AstraZeneca's for the add-on use of Voydeya in the treatment of extravascular haemolysis (EVH) in patients with paroxysmal nocturnal haemoglobinuria (PNH).

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Tuesday newspaper round-up: Truth Social, Thames Water, Presidio

2nd Apr 2024 06:57

(Sharecast News) - The value of Donald Trump's stake in Truth Social fell by more than $1bn on Monday after the social media company revealed it lost $58.2m last year and an auditor disclosed "substantial doubt" over its ability to continue operating. Shares in Trump Media & Technology Group, the owner of Truth Social, dropped 21.5% as investors scrutinized the fundamentals of its business. The former president's vast stake in the firm was worth about $4.88bn on paper after its extraordinary stock market debut last week . After Monday's sell-off, it was valued at about $3.83bn. - The Guardian

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Sunday newspaper round-up: Stamp duty, Wind energy, Metro Bank

31st Mar 2024 19:06

(Sharecast News) - Investment companies are calling on government to bin the stamp duty on share trading in order to revive the London stock market and the country's economy. The bosses at Abrdn, AJ Bell, Hargreaves Lansdown and Interactive Investor all told The Mail on Sunday that politicians must pledge to ditch the tax. According to Abrdn's Stephen Bird, the levy was unpatriotic and economically destructive. Removing it might be the single biggest boost to UK share ownership, he said. - The Financial Mail on Sunday

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Sunday share tips: Schroder Real Estate Investment Trust, SSP

31st Mar 2024 18:56

(Sharecast News) - The Financial Mail on Sunday's Midas column tipped shares of Schroder Real Estate Investment Trust (SREIT) to its readers, predicting that they were set to rally.

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Americans ramp up spending in February, prices roughly stable

29th Mar 2024 13:13

(Sharecast News) - Americans ramped up their spending amid roughly stable price pressures.

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US close: S&P 500, Dow set new records ahead of long weekend

28th Mar 2024 22:24

(Sharecast News) - US stocks were little changed on Thursday but the S&P 500 still managed to notch another record close, capping off its best first-quarter run since 2019.

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US close: S&P 500, Dow set new records ahead of long weekend

28th Mar 2024 22:24

(Sharecast News) - US stocks were little changed on Thursday but the S&P 500 still managed to notch another record close, capping off its best first-quarter run since 2019.

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London close: Stocks finish firmer ahead of Easter break

28th Mar 2024 16:08

(Sharecast News) - London's equity markets closed higher on Thursday ahead of the Easter break, despite lingering concerns over the UK's recessionary status in the latter part of last year.

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Simec Atlantis gets first £5m under EL land sale deal

28th Mar 2024 15:58

(Sharecast News) - Simec Atlantis Energy confirmed the receipt of the first £5m milestone payment under its agreement with EL Uskmouth, a subsidiary of FPC Electric Land, on Thursday.

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MediaZest reports continued robust trading

28th Mar 2024 15:53

(Sharecast News) - Audio-visual specialist MediaZest said in an update on Thursday that, as explained in its full-year results earlier this month, it had seen a significant increase in activity during the final quarter of the last financial year ended 30 September.

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Europe close: Stoxx 600 notches another record as markets edge higher

28th Mar 2024 15:49

(Sharecast News) - European stocks reached another record high on Thursday, though gains were only small as investors refrained from taking on too much risk ahead of the long Easter weekend.

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Directors dealings: Vodafone chairman follows in CFO's steps, buys shares

28th Mar 2024 15:05

(Sharecast News) - Vodafone's chairman bought a big batch of shares in the telecommunications outfit just ahead of the Easter break.

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Broker tips: DFS, JD Sports

28th Mar 2024 15:03

(Sharecast News) - Analysts at Berenberg downgraded their recommendation for shares of DFS Furniture from 'buy' to 'hold' on anticipation that management's guidance for improved demand in mid-2024 would prove premature.

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Berenberg downgrades DFS, prefers Dunelm

28th Mar 2024 15:01

(Sharecast News) - Analysts at Berenberg downgraded their recommendation for shares of DFS Furniture from 'buy' to 'hold' on anticipation that management's guidance for improved demand in mid-2024 would prove premature.

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FTSE 250 movers: AO, Spirent surge; Ithaca slides as it goes ex-div

28th Mar 2024 14:41

(Sharecast News) - FTSE 250 (MCX) 19,876.51 0.33%

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