News Archive
MaxCyte reports strong fourth quarter as full-year revenues fall
13th Mar 2024 12:04
(Sharecast News) - Cell engineering technology specialist MaxCyte reported total fourth quarter revenue of $15.7m on Wednesday, up 26% on the same period in 2022.
Read moreVictoria sees some positive signs in subdued market
13th Mar 2024 11:58
(Sharecast News) - Flooring company Victoria said in a trading update on Wednesday that, despite ongoing challenges in the market, it was seeing signs of improvement in the medium-term macroeconomic outlook, particularly in flooring demand indicators.
Read moreFaron Pharmaceuticals reports year of clinical progress
13th Mar 2024 11:52
(Sharecast News) - Clinical-stage biopharmaceutical company Faron Pharmaceuticals reported a year of strong progress on Wednesday, with significant overall response rates seen in both previously hypomethylating agent (HMA)-failed and higher-risk myelodysplastic syndrome (MDS) patient populations in the phase one part of the BEXMAB study.
Read moreUK housing market becoming more positive - RICS
13th Mar 2024 11:12
(Sharecast News) - The UK house market continued to stabilise in February, a closely-watched survey showed on Thursday, despite prices remaining under pressure.
Read moreEurope midday: Stoxx hits fresh record; Zalando surges into fashion
13th Mar 2024 11:11
(Sharecast News) - European shares hit a fresh record high on Wednesday as investors digested data from the US and UK, despite a larger-than-expected fall in eurozone industrial production, while Zalando shares surged after upgrading forecasts.
Read moreLondon midday: Stocks steady as UK economy returns to growth
13th Mar 2024 11:03
(Sharecast News) - London stocks had given up small opening gains by midday on Wednesday, having surged a day earlier, as data showed the UK economy returned to growth in January.
Read moreDirect Line rejects second takeover approach from Ageas, shares tumble
13th Mar 2024 10:42
(Sharecast News) - Direct Line tumbled on Wednesday after saying it had received and rejected a second takeover approach from Belgian rival Ageas as it continues to undervalue the group.
Read moreAMS reports higher revenue and lower profit, proposes fresh acquisition
13th Mar 2024 10:36
(Sharecast News) - Advanced Medical Solutions unveiled its unaudited preliminary results for 2023 on Wednesday, alongside a significant acquisition announcement.
Read moreBP, Adnoc suspend talks about potential bid for stake in Israel's NewMed
13th Mar 2024 10:30
(Sharecast News) - NewMed Energy said on Wednesday that BP and UAE state-owned oil company Adnoc have suspended discussions about a potential joint bid for 50% of the Israeli gas company.
Read moreMusicMagpie FY pre-tax losses widen, reports strong Q1 trading
13th Mar 2024 10:22
(Sharecast News) - Online retailer MusicMagpie said on Wednesday that pre-tax losses had widened in the 12 months ended 30 November 2023 but said it "remains confident" about future prospects following strong trading in the first quarter of the new trading year.
Read moreShell to cut 20% of jobs in deals team - report
13th Mar 2024 10:02
(Sharecast News) - Shell will reportedly cut at least 20% of jobs in its deals team as the company continues to restructure its business units in an effort to reduce costs.
Read moreAsia report: Stocks mixed as investors digest US inflation
13th Mar 2024 09:44
(Sharecast News) - Asia-Pacific markets closed mixed on Wednesday, after a surge on Wall Street overnight was spurred by US inflation data that closely aligned with expectations.
Read moreRevenue rises, losses narrow for the Gym Group
13th Mar 2024 09:35
(Sharecast News) - Low-cost gym operator the Gym Group reported an 18% increase in revenue in its full-year results on Wednesday, reaching £204m.
Read moreEurozone industrial production unexpectedly tumbles
13th Mar 2024 09:35
(Sharecast News) - Industrial production fell sharply in the eurozone in January, official data showed on Wednesday, by more than expected.
Read moreFalling margins hold back profit growth at Volkswagen
13th Mar 2024 09:35
(Sharecast News) - Volkswagen has described its 2023 results as "robust" amid a challenging environment, as a strong showing from its core and luxury brands offset was able to offset at declining profits at non-core brands including Audi and its software arm.
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