News Archive
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.
Read moreIntel 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.
Read moreTransense 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.
Read moreLondon 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.
Read moreGeneral 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.
Read moreAnpario 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.
Read morePoolbeg 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.
Read moreStrategic 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.
Read moreEurope 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.
Read moreAbingdon Health to launch two Boots-branded self-tests
20th Mar 2024 11:00
(Sharecast News) - Lateral flow test specialist Abingdon Health announced a partnership with Crest Medical on Wednesday, to introduce Boots' own-brand rapid self-tests across the UK and online.
Read moreMike Ashley to act as advisor to Hornby
20th Mar 2024 10:31
(Sharecast News) - Retailer Mike Ashley is to act as an adviser to Hornby, it was confirmed on Wednesday, after the tycoon's Frasers Group boosted its stake in the model specialist.
Read moreCleanTech pilot plant starts operations in Chile
20th Mar 2024 09:59
(Sharecast News) - CleanTech Lithium announced the start of operations at its pilot plant on Wednesday, marking a significant milestone in its advancement of lithium projects in Chile.
Read moreLuxury stocks slide after Kering warns on profits
20th Mar 2024 09:42
(Sharecast News) - Shares in Gucci-owner Kering tumbled on Wednesday, after the French luxury group warned on profits.
Read moreEquals Q1 revenues grow, granted extension to PUSU deadline
20th Mar 2024 09:32
(Sharecast News) - Financial services company Equals Group said on Wednesday that revenues had grown by more than a quarter in the first three months of its fiscal year as a result of "robust" trading across the business, with particularly strong growth from its solutions unit.
Read moreBerenberg lifts Close Brothers target as regulatory risks reduce
20th Mar 2024 09:31
(Sharecast News) - Shares in Close Brothers Group continued to surge on Wednesday after the merchant bank's first-half results in which the company eased investors' concerns about an upcoming regulatory probe, with Berenberg providing an extra boost after lifting its target price for the stock.
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