News Archive
Phoenix Group to report one-off £70m provision in results - report
18th Mar 2024 12:16
(Sharecast News) - Phoenix Group slumped on Monday after The Times suggested it will report a one-off provision of £70m in its annual results on Friday to cover the cost of reducing customer charges.
Read moreTruFin reports major milestone at subsidiary Playstack
18th Mar 2024 12:13
(Sharecast News) - TruFin updated the market on its UK-based games publishing subsidiary Playstack on Monday, reporting a significant milestone with its latest release, Balatro, surpassing one million unit sales.
Read moreMetals Exploration taps Nick von Schirnding for chairman
18th Mar 2024 12:07
(Sharecast News) - Gold producer Metals Exploration said on Monday that it has appointed Nick von Schirnding as chairman, with immediate effect.
Read moreLondon midday: Stocks edge up ahead of rate decisions
18th Mar 2024 12:00
(Sharecast News) - London stocks had edged higher by midday on Monday as investors eyed rate decisions this week from the Bank of Japan, the Federal Reserve and the Bank of England.
Read moreGSK unveils promising results from endometrial cancer trial
18th Mar 2024 12:00
(Sharecast News) - GSK unveiled promising outcomes from a phase three trial of 'Jemperli', or dostarlimab, in treating primary advanced or recurrent endometrial cancer on Monday.
Read moreEurope midday: Shares up; LPP rebounds from Hindenburg claims
18th Mar 2024 11:52
(Sharecast News) - European were up on Monday as upbeat China data lifted sentiment, while investors looked ahead to an interest rate decision from the US Federal Reserve on Wednesday and Polish fashion retailer LPP rebounded from a critical report from short seller Hindenburg and 'buy' recommendations from Citibank.
Read moreEurozone CPI confirmed at 2.6% in February; Trade hits surplus
18th Mar 2024 10:02
(Sharecast News) - Eurozone inflation in February was confirmed at 2.6%, down from 2.8% in January, according to official data released on Monday.
Read morePowerhouse Energy subsidiary secures first production train contract
18th Mar 2024 09:53
(Sharecast News) - Powerhouse Energy's wholly-owned Engsolve subsidiary has secured its maiden contract for the building and installation of its production train for TrimTabs, a South Wales-based process technology company pioneering the low-cost, sustainable production of carbon nanotubes.
Read morePhysiomics secures 'substantial new contract' with existing pharma client
18th Mar 2024 09:43
(Sharecast News) - Mathematical modelling and data science company Physiomics has been awarded "a substantial new contract" by an existing large pharmaceutical client.
Read moreFocusrite warns on FY profits amid 'challenging market conditions'
18th Mar 2024 09:39
(Sharecast News) - Audio products business Focusrite warned on Monday that full-year revenue and profits would be lower than consensus estimates as a result of "challenging market conditions" and continued weakness in Asia.
Read moreAsia report: Markets rise on back of robust China data
18th Mar 2024 09:33
(Sharecast News) - Japan's benchmark index spearheaded robust gains across the Asia-Pacific markets on Monday, bolstered by positive economic indicators and anticipation ahead of key central bank meetings.
Read moreRBC Capital hikes target price on Beazley
18th Mar 2024 09:27
(Sharecast News) - Analysts at RBC Capital Markets hiked their target price on specialist insurance business Beazley from 775.0p to 975.0p on Monday, stating the stock's "re-rating journey starts here".
Read moreRBC Capital downgrades Centrica
18th Mar 2024 09:22
(Sharecast News) - RBC Capital Markets downgraded British Gas owner Centrica on Monday to 'sector perform' from 'outperform' as it revisited the company's capex opportunities and assessed where it now stands on future growth options.
Read moreLogitech shares slide on surprise CFO departure
18th Mar 2024 09:00
(Sharecast News) - Swiss computer accessories giant Logitech surprised markets on Monday, announcing that chief financial officer Charles Boynton would depart in May, having served in the role for just over a year.
Read moreMarlowe to return £150m to shareholders in H1
18th Mar 2024 08:07
(Sharecast News) - Business service and regulatory software company Marlowe said on Monday that subject to completion, proposed returns of capital were expected to commence during the first half of its FY25 financial year, beginning 1 April.
Read more