News Archive

Christie Group set to announce stronger second-half performance

15th Feb 2024 13:29

(Sharecast News) - Christie Group said in an update on Thursday that it was poised to announce a stronger trading performance in the second half of 2023 compared to the first half.

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US retail sales drop sharply at the start of the year

15th Feb 2024 13:28

(Sharecast News) - Americans reined in their spending unexpectedly at the start of 2024.

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Friday preview: US producer prices, UK retail sales in focus

15th Feb 2024 13:27

(Sharecast News) - Investors' focus at the end of the week will shift back towards the inflation picture in the U.S..

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Sareum reports positive progress in psoriasis programme

15th Feb 2024 13:22

(Sharecast News) - Sareum announced significant milestones in its phase 1a clinical trial for SDC-1801, its lead programme aimed at addressing autoimmune diseases such as psoriasis, on Thursday.

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N4 Pharma shares jump on latest Nuvec developments

15th Feb 2024 13:17

(Sharecast News) - N4 Pharma announced a significant advancement in the development of Nuvec, an innovative delivery system tailored for cancer treatments, gene therapy, and vaccines, on Thursday.

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Checkit ends financial year in line with expectations

15th Feb 2024 12:47

(Sharecast News) - Mobile worker software specialist Checkit reported a 16% increase in annual recurring revenue in a trading update on Thursday, to £13.3m for the financial year just ended, meeting expectations.

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European Commission trims growth forecasts

15th Feb 2024 11:37

(Sharecast News) - Brussels downgraded growth forecasts for the Eurozone on Thursday, as higher interest rates continue to weigh heavily.

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Bank of Georgia in talks over potential acquisition of Ameriabank

15th Feb 2024 11:25

(Sharecast News) - Bank of Georgia confirmed on Thursday that it is in advanced talks with Ameriabank about a potential acquisition of the Armenian bank.

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US pre-open: Futures point to modest gains ahead of data

15th Feb 2024 11:02

(Sharecast News) - US futures were pointing to modest gains ahead of the bell on Thursday as Wall Street looks to recommence its latest winning streak.

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Berenberg hikes target price on GSK

15th Feb 2024 11:02

(Sharecast News) - Analysts at Berenberg hiked their target price on drugmaker GSK from £16.50 to £18.20 on Thursday, stating the group was moving closer to offsetting losses associated with the expiry of its patent on HIV drug dolutegravir.

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Europe midday: Earnings drive Stoxx; FTSE struggles on weak GDP

15th Feb 2024 10:53

(Sharecast News) - European stock markets were higher at the open with strong corporate results boosting sentiment, despite the UK entering a technical recession on the day the beleaguered ruling Conservative Party faced two by-elections.

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Swisscom sole bidder for Vodafone's Italian assets - report

15th Feb 2024 10:47

(Sharecast News) - Swisscom has become the sole party still in discussions with Vodafone Group about its Italian assets, it was reported on Thursday.

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London midday: Stocks dip as investors mull GDP; airlines fly higher

15th Feb 2024 10:46

(Sharecast News) - London stocks had dipped into the red by midday on Thursday as investors mulled news that the UK fell into recession at the end of 2023.

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Enquest delivers 'another good year' of operational performance

15th Feb 2024 10:18

(Sharecast News) - Exploration and production company Enquest said on Thursday that it had delivered "another good year of operational performance" in 2023, with production averaging 43,812 barrels of oil equivalent per day, in line with the mid-point of guidance.

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JPMorgan sees scope for Auto Trader to underperform

15th Feb 2024 09:53

(Sharecast News) - JPMorgan Cazenove struck a cautious note on the outlook for Auto Trader on Thursday as it took a look at the UK automotive retail sector.

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