News Archive

R&Q says divestment is on track after press speculation

1st Mar 2024 13:49

(Sharecast News) - R&Q Insurance Holdings responded to fresh press speculation on its plans on Friday, confirming that it was still on track to finalise the sale of its Accredited business.

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4basebio inks significant DNA supply contract

1st Mar 2024 13:42

(Sharecast News) - 4basebio announced a significant contract through a competitive tender process on Friday, to provide research and GMP-grade synthetic DNA for the advancement of RNA therapeutics and vaccines at CPI's RNA Centre of Excellence.

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Europe midday: Shares rally on CPI data; Grifols, ITV, Daimler in focus

1st Mar 2024 11:55

(Sharecast News) - European shares were peering at the summit of new highs on Friday as falling inflation in the eurozone and US cheered investors.

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M&S wins court battle over Oxford St store demolition

1st Mar 2024 11:35

(Sharecast News) - Marks & Spencer has come a step closer to demolish its main store on London's Oxford Street after the High Court ruled that a decision by government minister Michael Gove to block the plan was unlawful.

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Horizonte extends waivers on interest payments to late March

1st Mar 2024 11:34

(Sharecast News) - Horizonte Minerals announced on Friday that it has extended waivers on interest payments, providing relief amidst ongoing financial negotiations.

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Daimler Truck shares surge as 2023 profits smash forecasts

1st Mar 2024 11:12

(Sharecast News) - Daimler Truck's share price hit a record high on Friday after the world's largest commercial vehicle maker hiked its dividend on the back of stronger-than-expected annual profits.

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US open: Shares mixed as CPI rally falters

1st Mar 2024 11:06

(Sharecast News) - US stocks were mixed at the open on Friday as the rally sparked by indications that inflation was falling dissipated.

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Orchard Funding shares fall on 'instance of fraud'

1st Mar 2024 11:03

(Sharecast News) - Finance group Orchard Funding warned on Friday that it had "suffered an instance of fraud", arising from dealings with a fraudulent introducer.

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eEnergy secures £40m in project funding

1st Mar 2024 10:51

(Sharecast News) - Digital energy services business eEnergy revealed on Friday that it had secured up to £40.0m in project funding from NatWest.

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London midday: FTSE maintains gains after manufacturing data

1st Mar 2024 10:38

(Sharecast News) - London stocks were still in the black by midday as investors continued to cheer an easing in US inflation and mulled the latest UK manufacturing figures.

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US pre-open: Futures mixed following inflation data

1st Mar 2024 10:37

(Sharecast News) - Wall Street futures were mixed ahead of the final opening bell of what has been another positive month for stocks.

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Core eurozone inflation slows to 23-month low

1st Mar 2024 10:08

(Sharecast News) - Consumer prices in the eurozone rose by more than expected in February, according to data out on Friday from Eurostat, but core inflation continued its downward trend, falling to its lowest in nearly two years.

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Berenberg downgrades Relx after share price outperformance

1st Mar 2024 09:53

(Sharecast News) - Berenberg downgraded Relx to 'hold' from 'buy' on Friday following the recent share price outperformance.

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Canaccord Genuity raises target price on Hunting

1st Mar 2024 09:45

(Sharecast News) - Analysts at Canaccord Genuity hiked their target price on energy supplier Hunting from 400.0p to 450.0p on Friday following the publication of the group's full-year results a day earlier.

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Ryanair cuts back schedule amid Boeing 737 MAX delays

1st Mar 2024 09:32

(Sharecast News) - Ryanair confirmed further setbacks in its aircraft delivery schedule on Friday, after Boeing announced a reduced number of 737 MAX-8200 deliveries.

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