News Archive

Director dealings: Wife of Shaftesbury CEO makes share purchase

29th Feb 2024 15:24

(Sharecast News) - Shaftesbury Capital revealed on Thursday that Jane Hawksworth, the wife of chief executive Ian Hawksworth, had acquired 88,888 ordinary shares in the FTSE 250-listed property investment and development company.

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Weaker margins dampen a strong Q1 for Birkenstock

29th Feb 2024 14:45

(Sharecast News) - US-listed shares in Birkenstock dropped in New York on Thursday despite the German sandal maker beating analysts' forecasts with its first fiscal quarter results, as adjusted profits declined on the back of margin pressures.

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FTSE 100 movers: CRH rallies on results; IAG flies lower

29th Feb 2024 14:40

(Sharecast News) - London's FTSE 100 was up 0.3% at 7,649.78 in afternoon trade on Thursday.

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FTSE 250 movers: Drax, Howden power ahead; Aston Martin reverses

29th Feb 2024 14:34

(Sharecast News) - FTSE 250 (MCX) 19,139.10 0.66%

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US open: Markets rise on cooling inflation data

29th Feb 2024 14:32

(Sharecast News) - US stocks rose on Thursday after a closely watched gauge of inflation showed that price pressures continues to ease last month, reigniting hopes of a rate cut in the first half of the year.

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Blackbird raises £1.05m to advance cloud editing platform

29th Feb 2024 14:19

(Sharecast News) - Cloud video editing technology specialist Blackbird raised £1.05m on Thursday, to invest into its elevate.io content creation product.

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Arecor subsidiary Tetris launching Ogluo in the Netherlands

29th Feb 2024 14:12

(Sharecast News) - Arecor Therapeutics updated the market on an announcement made by its subsidiary Tetris Pharma on Thursday, regarding the launch of the 'Ogluo' glucagon prefilled autoinjector pen in the Netherlands.

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Silverbullet flags strong rise in total group revenue

29th Feb 2024 14:07

(Sharecast News) - AI-focussed digital transformation specialist Silverbullet reported a substantial increase in total group revenue in a trading update on Thursday, to £8.3m, making for 42% growth compared to the prior year's £5.8m.

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Power Metal Resources agrees to buy 75pc of GSAe

29th Feb 2024 14:01

(Sharecast News) - Power Metal Resources announced an agreement with GSA Environmental (GSAe), on Thursday, under which it would acquire 75% of GSAe's entire issued share capital under binding heads of terms.

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German inflation falls again to 2.5% in February

29th Feb 2024 13:50

(Sharecast News) - German inflation fell again this month to its lowest level since June 2021, with the February headline rate hitting 2.5% on an annualised basis, compared with 2.9% in January, according to flash estimates released on Thursday.

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Empire Metals kicks off exploration campaign at Pitfield

29th Feb 2024 13:49

(Sharecast News) - Empire Metals initiated a significant exploration campaign at its Pitfield Project in Western Australia on Thursday, marking a pivotal step forward in its resource development endeavours.

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Itim Group ends year ahead of market expectations

29th Feb 2024 13:45

(Sharecast News) - Itim Group reported a robust full-year financial performance in a trading update on Thursday, surpassing market expectations.

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US PCE inflation ebbs in January, consumption steady

29th Feb 2024 13:40

(Sharecast News) - Americans' personal incomes surged at the start of 2024, although that did not carry over into their spending.

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Karelian Diamond Resources makes progress in first half

29th Feb 2024 13:39

(Sharecast News) - Karelian Diamond Resources reported progress in obtaining a mining concession for the Lahtojoki diamond deposit in its first-half results on Thursday.

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US jobless claims rise during latest week

29th Feb 2024 13:16

(Sharecast News) - Unemployment claims in the U.S. moved higher during the preceding weeks, especially those not being filed for the first time.

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