News Archive

Amaroq kicks off fundraising of up to £30m

12th Feb 2024 12:12

(Sharecast News) - Southern Greenland-focussed gold and energy miner Amaroq Minerals reaffirmed its plans to conduct a placing and subscription to raise £30m on Monday, to expedite its exploration and development activities.

Read more

ECR Minerals shares jump on promising drill results from Creswick sample

12th Feb 2024 11:53

(Sharecast News) - ECR Minerals saw shares surged on Monday after the Australia-focused gold miner reported "promising" results from bulk sample testing at the Davey Road site of its Creswick asset

Read more

Diamondback Energy to buy Endeavor in $26bn deal

12th Feb 2024 11:28

(Sharecast News) - US oil and gas company Diamondback Energy said on Monday that it has agreed to buy rival Endeavor Energy Resources in a $26bn deal.

Read more

Macquarie in discussions to acquire TalkTalk wholesale arm

12th Feb 2024 11:23

(Sharecast News) - Australian bank Macquarie was said to be closing in on a deal to acquire the wholesale arm of British broadband provider TalkTalk.

Read more

London midday: FTSE drifts lower in quiet trade

12th Feb 2024 11:07

(Sharecast News) - London stocks had drifted lower in quiet trade by midday on Monday, with little in the way of corporate of macro news to provide direction.

Read more

Glencore to close unprofitable New Caledonian nickel mine

12th Feb 2024 10:54

(Sharecast News) - Mining and commodities giant Glencore has announced that it is calling time on its Koniambo Nickel SAS (KNS) mine in New Caledonia after having invested more than $4bn into the project over the past decade without seeing a return.

Read more

Corcel confirms start of testing at Tobias-14 well

12th Feb 2024 10:39

(Sharecast News) - Corcel updated the market on the testing of the Tobias-14 (TO-14) well in Block KON-11 on Monday, located onshore in Angola, where it holds a 20% working interest.

Read more

US pre-open: Futures little changed following S&P's record close

12th Feb 2024 10:29

(Sharecast News) - Wall Street futures were little changed ahead of the bell on Monday following a record-setting week for the S&P 500.

Read more

Journeo revenues surge in 2023

12th Feb 2024 10:17

(Sharecast News) - Transport systems provider Journeo said on Monday that full-year results were expected to be in line with market expectations, with revenues surging year-on-year.

Read more

Anglo American signs MOU with Finnish Minerals Group

12th Feb 2024 09:48

(Sharecast News) - Anglo American and Finnish Minerals Group have signed a memorandum of understanding to work together to explore opportunities to further support Finland's battery strategy.

Read more

Directa Plus narrows FY underlying losses

12th Feb 2024 09:39

(Sharecast News) - Graphene nanoplatelets producer Directa Plus said on Monday that it had made "strong progress" in 2023, with new contracts across key geographies leading to a marked reduction in underlying losses.

Read more

Barclays sees "compelling" entry point at AstraZeneca after recent falls

12th Feb 2024 09:12

(Sharecast News) - Barclays has kept an 'overweight' position on AstraZeneca despite the biopharma group's disappointing annual results last week, saying that the stock's recent underperformance provides an attractive entry point for investors.

Read more

RBC sees upside risk to Q4 results at Smith & Nephew

12th Feb 2024 08:39

(Sharecast News) - RBC Capital Markets has reiterated its 'outperform' rating on Smith & Nephew ahead of the medical devices giant's fourth-quarter results later this month, saying it sees upside risk to current estimates.

Read more

Asia report: Stocks fall on very quiet day for region

12th Feb 2024 08:24

(Sharecast News) - Markets in the Asia-Pacific region presented a weaker picture on Monday, kicking off a holiday-shortened week for many

Read more

Good Energy to acquire Kent-based solar and storage business

12th Feb 2024 08:07

(Sharecast News) - Renewable energy group Good Energy has entered into a conditional binding agreement to acquire Kent-based solar and storage outfit JPS Renewable Energy for up to £13.75m.

Read more