News Archive
Reaction Engines crashes into administration - report
31st Oct 2024 14:34
(Sharecast News) - Reaction Engines has reportedly crashed into administration after weeks of talks with potential backers failed to result in a rescue deal.
Read moreRBC cuts target prices for UK banks after motor finance ruling
31st Oct 2024 14:20
(Sharecast News) - RBC Capital Markets has cut target prices for a number of UK-listed banks after this week's landmark ruling on motor finance commissions, saying that the news brings about an increased level of uncertainty and potential downside for lenders.
Read moreOncimmune secures three new contracts
31st Oct 2024 14:05
(Sharecast News) - Oncimmune Holdings reported continued commercial progress on Thursday, securing three new contracts since its last update on 9 September.
Read moreCaspian Sunrise progresses sale of BNG area structures
31st Oct 2024 13:58
(Sharecast News) - Caspian Sunrise announced on Thursday that the parties involved in the proposed $88m sale of its shallow MJF and South Yelemes structures at its flagship BNG asset were progressing towards finalising a formal sale and purchase agreement, with completion targeted by the end of the year.
Read moreUS initial jobless claims fall to 216,000
31st Oct 2024 13:50
(Sharecast News) - Americans lined up for unemployment benefits at a decelerated pace in the week ended 26 October, according to the Labor Department.
Read moreUS pre-open: Futures lower following Q3 GDP, tech earnings
31st Oct 2024 12:02
(Sharecast News) - Wall Street futures were firmly in the red ahead of the bell on Thursday following a preliminary reading of America's Q3 GDP and earnings from some big-name tech firms overnight.
Read moreIMI buys Rotterdam-based TWTG for €25m
31st Oct 2024 12:02
(Sharecast News) - Engineering firm IMI said on Thursday that it has bought Rotterdam-based TWTG, "a leader" in smart connected asset monitoring solutions for process industries, for €25m (£21m) in cash.
Read moreNexteq warns on revenue amid continued de-stocking, product launch delays
31st Oct 2024 11:57
(Sharecast News) - Business-to-business technology company Nexteq warned on revenues on Thursday as continued to see ongoing, cross-industry de-stocking since its H1 report resulted in reduced order intake levels.
Read moreCordel secures contracts extension with ARTC
31st Oct 2024 11:41
(Sharecast News) - AI platform operator Cordel Group said on Thursday that it has received a contract extension with the Australian Rail Track Corporation, taking the term of the engagement to 31 August 2025.
Read moreGuardian Metal signs up to acquire Tempiute mine option
31st Oct 2024 11:21
(Sharecast News) - Guardian Metal Resources announced on Thursday that it has signed a binding letter of intent with Hinkinite Resources to acquire an option on the Tempiute tungsten mine and mill in Nevada, located 240 kilometres north of Las Vegas.
Read moreSeeing Machines revenue rises, cash outflows narrow
31st Oct 2024 11:14
(Sharecast News) - Seeing Machines reported a 17% revenue increase in its year-end results on Thursday, to $67.6m, aligning with market expectations as regulatory momentum fuelled demand for its driver monitoring technology.
Read morePan African commissions Mogale Tailings Retreatment operation
31st Oct 2024 11:08
(Sharecast News) - Pan African announced the successful commissioning of its Mogale Tailings Retreatment (MTR) operation on Thursday, with the first gold pour at its smelting facility occurring in early October.
Read morePan African commissions Mogale Tailings Retreatment operation
31st Oct 2024 11:08
(Sharecast News) - Pan African announced the successful commissioning of its Mogale Tailings Retreatment (MTR) operation on Thursday, with the first gold pour at its smelting facility occurring in early October.
Read moreHutchmed to receive $20m Fruzaqla milestone payment
31st Oct 2024 11:04
(Sharecast News) - Hutchmed China announced on Thursday that it was set to receive a $20m milestone payment from its partner Takeda, after sales of 'Fruzaqla', or fruquintinib, surpassed $200m.
Read moreVH Global constructs, commissions two systems in Australia
31st Oct 2024 10:59
(Sharecast News) - VH Global Sustainable Energy Opportunities (GSEO) announced on Thursday that the construction and commissioning of two hybrid solar and battery storage systems in New South Wales, Australia had been completed.
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