News Archive

RBG expands fundraising with £0.7m retail offer

23rd Feb 2024 12:12

(Sharecast News) - RBG Holdings unveiled plans for a retail offer directed at existing retail shareholders on Friday, in a bid to raise £0.7m to help its plans to save on interest payments.

Read more

Empire Metals chooses not to renew Gindalbie deal

23rd Feb 2024 12:05

(Sharecast News) - Empire Metals announced a strategic decision regarding its non-core assets on Friday, specifically the Gindalbie Tribute Agreement, as part of its efforts to fast-track development at the Pitfield Titanium Project in Western Australia.

Read more

BASF to cut costs by a further €1bn

23rd Feb 2024 11:47

(Sharecast News) - Germany's BASF Group is to slash costs by a further €1bn, the chemicals giant confirmed on Friday, as it battles higher expenses and falling earnings.

Read more

US pre-open: Futures mixed following solid gains

23rd Feb 2024 11:42

(Sharecast News) - Wall Street futures were mixed ahead of the bell on Friday following solid gains recorded on Thursday.

Read more

Tlou makes progress at Lesedi power project

23rd Feb 2024 11:24

(Sharecast News) - Tlou Energy updated the market on the Lesedi project on Friday, reporting significant progress towards electricity generation.

Read more

Yu Group inks new hedging deal with Shell Energy Europe

23rd Feb 2024 11:14

(Sharecast News) - Independent business energy supplier Yu Group announced on Friday that through its Yu Energy Retail subsidiary, it has entered into a new hedging facility with Shell Energy Europe.

Read more

Allianz delivers record 2023 but shares fall on weak non-life results

23rd Feb 2024 11:01

(Sharecast News) - German insurance and asset management group Allianz delivered a record set of annual results on Friday as it hiked its dividend by more than a fifth on the back of a higher payout ratio and launched a new share buyback programme of up to €1bn.

Read more

Europe midday: Stoxx edges towards new record on Wall St rally

23rd Feb 2024 10:56

(Sharecast News) - European shares edged towards fresh highs on Friday after a bullish session on Wall Street overnight, with Standard Chartered in focus after a profit jump and $1bn share buyback.

Read more

Government to introduce £2 limit for online slots

23rd Feb 2024 10:16

(Sharecast News) - The government is to introduce a £2 maximum stake for under-25s playing online slot machines, it was confirmed on Friday.

Read more

Canaccord raises target for Trainline as strike headwinds ease

23rd Feb 2024 10:16

(Sharecast News) - Canaccord Genuity has hiked its target price for Trainline ahead of the booking platform's trading next month after pencilling in a less-than-expected impact from recent rail strikes.

Read more

Energy bills to fall as Ofgem trims price cap

23rd Feb 2024 09:28

(Sharecast News) - The cap on gas and electricity charges will fall from April, the energy regulator confirmed on Friday, cutting most household bills.

Read more

Barclays downgrades Dominos on slowing app downloads

23rd Feb 2024 09:13

(Sharecast News) - Barclays has cut its rating for the UK-listed shares of American pizza chain Domino's from 'overweight' to 'equal weight', citing concerns about a slowdown in takeaway app downloads.

Read more

Berenberg raises target price on Chemring

23rd Feb 2024 09:07

(Sharecast News) - Analysts at Berenberg raised their target price on aerospace and defence group Chemring from 370.0p to 415.0p on Friday, stating demand was driving the group's order book higher.

Read more

STM FY revenues seen ahead of market expectations

23rd Feb 2024 09:05

(Sharecast News) - Financial services provider STM Group said on Friday that full-year revenues were £28.0m, ahead of market expectations, driven by higher than forecasted interest income.

Read more

Hornby surges as Frasers Group bumps stake up to 8.9%

23rd Feb 2024 08:36

(Sharecast News) - Hornby surged on Friday after Mike Ashley's Frasers Group lifted its stake in the model train maker to 8.9%.

Read more