News Archive
US unit labour costs rise by a tad less than expected in Q4
7th Mar 2024 13:56
(Sharecast News) - Inflationary pressures in the U.S. from salaries and compensation eased at the end of 2023.
Read moreUS jobless claims come in ahead of expectations
7th Mar 2024 13:44
(Sharecast News) - Americans lined up for unemployment benefits at a faster than anticipated clip in the week ended 2 March, according to the Labor Department.
Read moreBeowulf Mining appoints project manager to Kallak
7th Mar 2024 13:17
(Sharecast News) - Beowulf Mining announced on Thursday that its wholly-owned Swedish subsidiary, Jokkmokk Iron Mines, had appointed Dmytro Siergieiev as the project director for the Kallak Iron Ore Project, effective 1 May.
Read moreDuke Capital exits investment in streetlight maker Fabrikat
7th Mar 2024 13:09
(Sharecast News) - Duke Capital announced the successful exit of its investment in Meteor HoldCo on Thursday, which is the parent company of street lighting and guardrail manufacturer Fabrikat Nottingham.
Read moreZinnwald Lithium reports recent progress at Germany project
7th Mar 2024 13:00
(Sharecast News) - Zinnwald Lithium updated the market on its integrated Zinnwald Lithium Project in Germany on Thursday, having recently reported a 445% increase in tonnes and a 243% increase in contained lithium in a mineral resource estimate last month.
Read morePhysiomics revenue rises, losses narrow in first half
7th Mar 2024 12:50
(Sharecast News) - Physiomics reported revenue of £0.37m in its interim results on Thursday, up from the £0.34m it recorded a year earlier.
Read moreNexus Infrastructure operating loss widens on housing downturn
7th Mar 2024 12:43
(Sharecast News) - Nexus Infrastructure reported continuing revenue of £88.7m in its preliminary results on Thursday, down from £98.4m in the prior year, attributed to broader economic challenges and a slowdown in housebuilding activity.
Read moreNovo Nordisk sees promising early results for weight loss pill
7th Mar 2024 12:40
(Sharecast News) - Shares in Novo Nordisk sparked on Thursday, after the Danish pharmaceutical firm detailed promising trial data for its experimental anti-obesity drug amycretin.
Read moreStrategic Minerals reports record-breaking sales from Cobre
7th Mar 2024 12:36
(Sharecast News) - Strategic Minerals reported record-breaking sales figures for February at its Cobre magnetite stockpile on Thursday.
Read moreEurope midday: Stoxx passes 500 to hit record highs; Virgin in focus
7th Mar 2024 12:00
(Sharecast News) - European markets rallied to hit record highs on Thursday, with the Stoxx 600 index passing 500 points as investors awaited the outcome of the European Central Bank's policy meeting later in the day, while Virgin Money was in the spotlight after a £2.9bn takeover by Britain's Nationwide Building Society.
Read moreECB leaves rates unchanged; cuts inflation, growth forecasts
7th Mar 2024 11:51
(Sharecast News) - The European Central Bank kept interest rates unchanged on Thursday as it cut inflation and growth forecasts.
Read moreUK businesses forecast inflation to ease - BoE
7th Mar 2024 11:26
(Sharecast News) - UK businesses expect output inflation to continue easing over the coming year, a Bank of England survey showed on Thursday.
Read moreLondon midday: FTSE stays down but Virgin Money jumps on takeover
7th Mar 2024 11:14
(Sharecast News) - London stocks were still in the red by midday on Thursday as investors waded through a deluge of corporate news and continued to digest the Spring Budget, but Virgin Money surged on takeover news.
Read moreNumis upgrades Man Group to 'buy'
7th Mar 2024 11:08
(Sharecast News) - Numis has lifted its recommendation for investment manager Man Group from 'hold' to 'buy' and hiked its target price from 260p to 315p, saying that the company's decent short-term investment performance "cannot be ignored".
Read moreHelium One reports solid first-half progress in Tanzania
7th Mar 2024 11:00
(Sharecast News) - Helium One Global described significant milestones in its half-year report on Thursday, including the acquisition of the Epiroc Predator 220 drilling rig, which it said had been successfully mobilised to the Rukwa site.
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