News Archive

BioVentix revenue, earnings rise in first half

25th Mar 2024 12:17

(Sharecast News) - Monoclonal antibody specialist BioVentix reported a 13% rise in first-half revenue on Monday, to £6.7m, compared to £5.9m in the prior year.

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Ocado facing opposition to £15m bonus for Tim Steiner

25th Mar 2024 12:07

(Sharecast News) - Ocado fell on Monday following a report over the weekend suggesting the company is under pressure over executive pay after an influential proxy adviser urged shareholders to vote against a new bonus scheme that could see boss Tim Steiner paid as much as £14.8m.

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Gamma Communications hikes dividend after year of growth

25th Mar 2024 11:57

(Sharecast News) - Gamma Communications reported an 8% increase in revenue in its final results on Monday, reaching £521.7m, and a similar 8% growth in gross profit to £267.2m.

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Europe midday: Shares slide into red; Direct Line tanks as Ageas pulls out

25th Mar 2024 11:54

(Sharecast News) - European stocks slipped into the red on Monday ahead of the Easter long weekend as investors took stock of a slew of rate decisions last week and dovish comments from policy makers that sent the Stoxx 600 index to record highs.

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Apple, Meta, Alphabet face EU probe under digital markets law

25th Mar 2024 11:06

(Sharecast News) - The European Union said it had started investigations into Google owner Alphabet, Apple and Meta over potentially uncompetitive practices.

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Ofgem looking into more 'dynamic' energy price cap

25th Mar 2024 11:05

(Sharecast News) - Ofgem announced a consultation to refine the energy price cap on Monday, ibn a bid to ensure ongoing customer protection amidst the evolving energy market landscape.

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Novo Nordisk snaps up CVD specialist Cardior Pharmaceuticals

25th Mar 2024 11:04

(Sharecast News) - Danish pharma giant Novo Nordisk has announced it is spending just over a billion euros to take over heart treatment specialist Cardior Pharmaceuticals.

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London midday: Stocks edge lower after last week's gains

25th Mar 2024 11:04

(Sharecast News) - London stocks had fallen into the red by midday on Monday, having closed at their highest level in more than a year at the end of last week.

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US pre-open: Tech stocks to weigh on markets early on

25th Mar 2024 10:13

(Sharecast News) - US stocks were set to fall on Monday as markets continued to retreat from recent record highs, with the tech sector providing a drag early on following reports that China is reducing its reliance on American chips.

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JPMorgan places Ashtead on 'positive catalyst watch' ahead of CMD

25th Mar 2024 09:57

(Sharecast News) - JPMorgan Cazenove placed Ashtead on 'positive catalyst watch' on Monday ahead of its capital markets day in Atlanta on 29 April, as it expects the stock to outperform into/on the event.

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Asia report: Most markets fall on fresh inflation concerns

25th Mar 2024 09:10

(Sharecast News) - Asia-Pacific markets were mostly weaker by Monday's close as investors reacted to fresh inflation data from the region.

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Ferrexpo court dates delayed as operations continue

25th Mar 2024 09:10

(Sharecast News) - Ferrexpo updated the market on the proceedings involving its subsidiary Ferrexpo Poltava Mining (FPM) on Monday.

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Virgin Wines confident of meeting FY expectations after 'positive' H1

25th Mar 2024 08:08

(Sharecast News) - Virgin Wines said on Monday that it was confident of meeting its full-year 2024 profit expectations following a "positive" first-half performance.

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Octopus Renewables Infrastructure Trust ups divi despite drop in NAV

25th Mar 2024 08:03

(Sharecast News) - Octopus Renewables Infrastructure Trust (ORIT), the clean energy investment fund of Octopus Energy Group, reported a small drop in net asset value in 2023, but still upped its payouts to shareholders after what it deemed a "resilient" performance.

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London open: Stocks muted after Friday's highs; Kingfisher slumps

25th Mar 2024 07:58

(Sharecast News) - London stocks were muted in early trade on Monday, having closed at their highest level in more than a year on Friday.

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