News Archive

FDM Group warns on full year, shares tumble

20th Mar 2024 13:43

(Sharecast News) - FDM Group tumbled on Wednesday as it warned that its 2024 financial performance was likely to be "materially below" its earlier expectations amid soft market conditions.

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Shepherd Neame toasts jump in half-year sales

20th Mar 2024 12:40

(Sharecast News) - Pubs and brewing group Shepherd Neame reported a jump in half-term sales and earnings on Wednesday, as inflationary pressures started to ease.

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Netcall secures significant contract renewal

20th Mar 2024 12:18

(Sharecast News) - Netcall announced a significant contract renewal with an unnamed transportation company on Wednesday, with the £7.6m five-year contract extension effective from 1 April reflecting a £0.4m annual increase compared to the original agreement.

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Tube drivers announce two 24-hour strikes

20th Mar 2024 12:04

(Sharecast News) - London Underground drivers belonging to the Aslef union will walk out in April and May, it was announced on Wednesday.

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EKF Diagnostics revenues, gross profits fall as expected

20th Mar 2024 12:04

(Sharecast News) - EKF Diagnostics reported revenue of £52.6m in its final results on Wednesday, aligning with market projections, although lower than the prior year's figure of £66.6m.

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IQGeo tops expectations in full-year results

20th Mar 2024 11:57

(Sharecast News) - Geospatial technology company IQGeo reported a set of results exceeding market expectations for 2023 on Wednesday, achieving a record order intake of £57.2m, representing 40% growth compared to the prior year.

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US pre-open: Stocks mixed ahead of FOMC interest rate decision

20th Mar 2024 11:39

(Sharecast News) - Wall Street futures were mixed ahead of the bell on Wednesday as investors awaited the outcome of the Federal Reserve's two-day monetary policy meeting.

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Intel secures nearly $20bn in federal funding to build new chip plants

20th Mar 2024 11:36

(Sharecast News) - Chip giant Intel saw shares rise strongly in pre-market trade on Wednesday after it announced the receipt of nearly $20bn from the government as part of its plans to invest more than $100bn over the next five years, creating 10,000 new jobs across four sites in the US.

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Transense installs Ryan Maughan as new managing director

20th Mar 2024 11:30

(Sharecast News) - Transense Technologies named Ryan Maughan as its new managing director on Wednesday, effective immediately.

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London midday: Stocks just lower after inflation data; rate announcements eyed

20th Mar 2024 11:30

(Sharecast News) - London stocks were still a touch weaker by midday on Wednesday as investors mulled a bigger-than-expected fall in UK inflation, with caution in the air ahead of rate decisions from the US Federal Reserve and the Bank of England.

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General Mills beats quarterly estimates, shares spark

20th Mar 2024 11:28

(Sharecast News) - US food giant General Mills reported better-than-expected quarterly numbers on Wednesday, boosted by higher prices and market share gains.

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Anpario confident despite fall in revenue, earnings

20th Mar 2024 11:16

(Sharecast News) - Animal feed additives specialist Anpario reported revenue of £31m in its final results on Wednesday, down 6% year-on-year.

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Poolbeg Pharma to be granted US patent

20th Mar 2024 11:10

(Sharecast News) - Biopharmaceutical company Poolbeg Pharma announced on Wednesday that it has received a notice of allowance from the US Patent Office regarding its immunomodulator II patent application.

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Strategic Minerals inks rights deal with the Duchy of Cornwall

20th Mar 2024 11:06

(Sharecast News) - Strategic Minerals announced on Wednesday that its wholly-owned subsidiary Cornwall Resources (CRL) has finalised an exclusivity and prospecting agreement with the Duchy of Cornwall to advance the commercialisation of mineral rights in the East Cornwall and Tamar Valley region.

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Europe midday: Shares flat ahead of Fed as Kering, Pru slide

20th Mar 2024 11:05

(Sharecast News) - European shares were flat on Wednesday as investors awaited the outcome of the Federal Reserve's policy meeting , while shares in luxury goods were down on a sales warning from Gucci owner Kering and UK insurer Prudential tanked on worries over its exposure to China.

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