News Archive

Cornerstone FS gets licence to operate in Canada

13th Feb 2024 13:52

(Sharecast News) - Foreign exchange and payments specialist Cornerstone FS has received its official authorisation to operate in Canada, it announced on Tuesday.

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Amaroq Minerals fundraising oversubscribed by almost 50pc

13th Feb 2024 13:47

(Sharecast News) - Amaroq Minerals announced the conclusion of its proposed fundraising on Tuesday, which it said was met with overwhelming demand.

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Body Shop collapses into administration

13th Feb 2024 13:45

(Sharecast News) - The Body Shop's UK business collapsed into administration on Tuesday, putting as many as 2,000 jobs at risk.

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UK financial watchdog starts probe into Home REIT

13th Feb 2024 12:12

(Sharecast News) - Britain's financial watchdog has started a probe into troubled housing investor Home REIT, the company revealed on Tuesday.

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Hasbro falls short of earnings expectations after revenue slide

13th Feb 2024 11:50

(Sharecast News) - Shares in toy giant Hasbro were sliding in premarket trading on Tuesday, after it reported a significant decline in revenue and a mixed performance across its business segments.

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Eqtec secures new strategic investor, shares spark

13th Feb 2024 11:44

(Sharecast News) - Shares in Eqtec rallied on Tuesday, after the AIM-listed energy technology firm raised £500,000 through a new strategic investor.

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US inflation rises faster than thought in January

13th Feb 2024 11:26

(Sharecast News) - Inflation rose at a faster-than-expected rate in January, according to the Bureau of Labor Statistics, with shelter prices accounting for much of the increase.

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Saietta shares plunge as it sells Sunderland production line

13th Feb 2024 11:16

(Sharecast News) - Shares in electric vehicle drivetrain technology company Saietta more than halved on Tuesday, after it announced the sale of a production line in Sunderland following its failure to secure a commercial agreement.

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Europe midday: Shares slide into red as investors eye US CPI

13th Feb 2024 11:03

(Sharecast News) - European markets slid into the red on Tuesday as investors awaited key US inflation data later in the day and digested UK wage growth figures.

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London midday: FTSE stays down as wage growth slows

13th Feb 2024 11:00

(Sharecast News) - London stocks were still a little lower by midday on Tuesday as investors mulled a slowdown in UK wage growth and looked ahead to a key US inflation reading.

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German sentiment jumps despite economic gloom - ZEW

13th Feb 2024 10:53

(Sharecast News) - Economic sentiment strengthened in Germany this month, a closely-watched survey showed on Tuesday, despite the country's economy continuing to struggle.

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US pre-open: Futures lower ahead of CPI reading

13th Feb 2024 10:48

(Sharecast News) - Wall Street futures were in the red ahead of the bell on Tuesday as market participants awaited a reading of last month's all-important consumer price index to try and gauge what the Federal Reserve's next moves may be.

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Michelin shares surge on strong profits and €1bn buyback

13th Feb 2024 10:33

(Sharecast News) - Shares in French tyre maker Michelin jumped more than 8% on Tuesday after beat profit forecasts with a record 2023 performance and announced a €1bn share buyback.

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Mediazest secures 'substantial new business win'

13th Feb 2024 10:05

(Sharecast News) - Audio-visual solutions group Mediazest has scored a "substantial new business win" with a "large" UK-based FTSE-listed client.

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Citi ups recommendation on GSK to 'buy'

13th Feb 2024 09:45

(Sharecast News) - Citi has upgraded its rating on vaccines and drugs blue chip GSK to 'buy' while also boosting its earnings estimates.

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