News Archive

BP Marsh reports strong year of trading

19th Feb 2024 15:49

(Sharecast News) - Venture capital investor BP Marsh reported several significant milestones in a trading update on Monday, having disposed of three investments in the financial year just ended for a total upfront cash consideration of £93.3m.

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Phoenix Copper agrees equipment purchase, loan refinancing

19th Feb 2024 15:43

(Sharecast News) - Phoenix Copper updated the market on the acquisition of equipment for its Empire open-pit mine in Idaho on Monday, along with the refinancing of its short-term loan facility.

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Broker tips: Flutter Entertainment, Centrica

19th Feb 2024 15:40

(Sharecast News) - Berenberg lifted its price target on Flutter Entertainment to 18,600.0p from 17,000.0p on Monday and reiterated its 'buy' recommendation on the stock as it highlighted strong growth and balance sheet flexibility.

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Oracle Power launches environmental assessment for Pakistan project

19th Feb 2024 15:40

(Sharecast News) - Oracle Power and its joint venture company Oracle Energy announced the start of an environmental and social impact assessment (ESIA) for their renewable power plant project in Jhimpir, Sindh Province, Pakistan on Monday.

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FTSE 250 movers: Currys surges on bid talk; Moneysupermarket slips

19th Feb 2024 14:34

(Sharecast News) - FTSE 250 (MCX) 19,186.82 -0.03%

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FTSE 100 movers: Rolls-Royce rallies ahead of results; Flutter loses ground

19th Feb 2024 14:26

(Sharecast News) - London's FTSE 100 was up 0.3% at 7,732.41 in afternoon trade on Monday.

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Director dealings: Poolbeg Pharma co-founder ups stake

19th Feb 2024 14:22

(Sharecast News) - Poolbeg Pharma revealed on Monday that chairman Cathal Friel had acquired 830,000 ordinary shares in the AIM-listed biopharmaceutical company.

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LSEG owner said to be plotting multimillion pound pay rise for CEO

19th Feb 2024 12:57

(Sharecast News) - The owner of the London Stock Exchange Group is reportedly plotting a multimillion pound pay rise for its chief executive.

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Restructure could see Esken lose control of Southend Airport

19th Feb 2024 12:56

(Sharecast News) - The company formerly known as Stobart Group could give up control of London's least-busy commercial airport, it emerged on Monday, as part of a possible restructuring with creditors.

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German economy now likely in recession - Bundesbank

19th Feb 2024 12:56

(Sharecast News) - Germany's Bundesbank warned on Monday that Europe's largest economy was now likely in recession, with external demand weak, consumers remaining cautious, and domestic investment being held back by high borrowing costs.

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Citi stays at 'buy' on Centrica

19th Feb 2024 12:17

(Sharecast News) - Analysts at Citi reiterated their 'buy' rating on energy and services company Centrica on Monday following the publication of the group's full-year results.

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Atome raises £1.8m to expedite Villetta Project

19th Feb 2024 12:16

(Sharecast News) - Green fertiliser specialist Atome has raised £1.8m before expenses, it announced on Monday, to expedite its Villetta Project in Paraguay.

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CAP-XX chooses not to pursue Maxwell case appeal

19th Feb 2024 12:12

(Sharecast News) - Supercapacitor design and energy management specialist CAP-XX updated the market on Monday, following the Delaware District Court's ruling on 29 January favouring Maxwell Technologies in a patent infringement lawsuit initiated by CAP-XX.

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Kefi Gold announces significant discovery in Saudi Arabia

19th Feb 2024 12:08

(Sharecast News) - Kefi Gold and Copper unveiled a significant discovery in Saudi Arabia's Hawiah district on Monday, marking the third copper-gold-zinc-silver deposit found in the area by its joint venture Gold & Minerals (GMCO).

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Trident Royalties agrees new $40m revolving credit facility

19th Feb 2024 12:03

(Sharecast News) - Trident Royalties announced an agreement with BMO Capital Markets and CIBC on Monday, for a newly-structured $40m revolving credit facility (RCF), with the option to increase its size to $60m through an accordion.

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