News Archive

FTSE 250 movers: Direct Line surges on Ageas approach

28th Feb 2024 14:56

(Sharecast News) - FTSE 250 (MCX) 18,981.36 -0.95%

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FTSE 100 movers: St James's Place, Reckitt in the red

28th Feb 2024 14:40

(Sharecast News) - London's FTSE 100 was down 0.6% at 7,634.75 in afternoon trade on Wednesday.

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Verditek shares jump as it agrees sale of solar assets

28th Feb 2024 14:31

(Sharecast News) - Verditek shares were surging on Wednesday afternoon, after it announced a conditional sale and purchase agreement to divest its solar business, including Verditek Solar Italy, to Verditek Solar Limited for £0.53m.

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Deutsche Numis puts St James's Place rating under review after results

28th Feb 2024 14:08

(Sharecast News) - Deutsche Numis put its rating on St James's Place under review from 'buy' on Wednesday after the wealth manager's full-year results.

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Thursday preview: Inflation data, IAG in focus

28th Feb 2024 13:39

(Sharecast News) - Should the Federal Reserve begin to reduce interest rates in June?

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EnSilica secures substantial US order

28th Feb 2024 13:38

(Sharecast News) - Application-specific integrated circuit (ASIC) specialist EnSilica announced a substantial order for the tape-out of a bespoke ASIC from a major US-based electronics manufacturer on Wednesday.

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Co-op Bank profits slide after rise in redress costs and expenses

28th Feb 2024 13:35

(Sharecast News) - The Co-operative Bank reported an underlying profit of £120.9m in its full-year results on Wednesday, down from £136m year-on-year, with a net interest margin of 180 basis points, making for a 14 basis point increase compared to 2022.

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US Q4 GDP growth revised a tad lower on less stockpiling

28th Feb 2024 13:34

(Sharecast News) - The American economy expanded at a slightly slower than expected pace at the end of 2023.

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Kibo Energy subsidiary MED strikes new funding partnership

28th Feb 2024 13:32

(Sharecast News) - Kibo Energy announced on Wednesday that its flexible power specialist subsidiary Mast Energy Developments (MED) had struck a strategic funding partnership with RiverFort Global Opportunities PCC (RiverFort), along with a substantial funding agreement, a new capacity market contract, and the termination of the Proventure joint venture agreement.

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Revenue rises but margins narrow for Avingtrans

28th Feb 2024 13:25

(Sharecast News) - Avingtrans reported a 30.4% increase in first-half revenue in its interim results on Wednesday, to £65.2m, compared to £50.0m in the same period last year.

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Image Scan confident despite slower start to year

28th Feb 2024 13:19

(Sharecast News) - Security and industrial inspection scanning technology specialist Image Scan said in a trading update on Wednesday that, while it returned to profit in 2023, trading in the current financial year started at a slower pace in terms of sales and order intake.

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Bradda Head completes exchange of claims in Arizona

28th Feb 2024 13:13

(Sharecast News) - Bradda Head Lithium announced on Wednesday that it has concluded a significant land exchange concerning the unpatented lode claims at its Wikieup clay project in Western Arizona, originally announced on 1 March 2023.

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Profits continue to fall across UK service sector - CBI

28th Feb 2024 13:10

(Sharecast News) - The UK service sector continued to falter in February, an industry survey showed on Wednesday, as weak demand weighed heavily.

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Trellus Health signs deal with large US health plan

28th Feb 2024 12:51

(Sharecast News) - Digital health company Trellus Health announced a significant agreement with a major US health plan on Wednesday, targeting inflammatory bowel disease (IBD) management.

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AB Dynamics reports positive trading performance

28th Feb 2024 12:38

(Sharecast News) - Testing, simulation and measurement products specialist AB Dynamics reported positive performance in a trading update on Wednesday, in line with the board's expectations.

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