News Archive

US open: Stocks start off Q4 with early losses, manufacturing data in focus

1st Oct 2024 14:13

(Sharecast News) - Wall Street stocks were in the red early on Tuesday as major indices kicked off Q4 trading with losses.

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Mpac launches £1m retail offer alongside £29m placing

1st Oct 2024 14:03

(Sharecast News) - High-speed packaging and automation company Mpac launched a retail offer to raise up to £1m on Tuesday, as part of a larger placing to raise almost £30m.

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Intelligent Ultrasound completes £40.5m sale of Clinical AI business

1st Oct 2024 13:58

(Sharecast News) - Intelligent Ultrasound announced on Tuesday that it has completed the sale of its Clinical AI Business to GE HealthCare, for an enterprise value of £40.5m.

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Mothercare suspends shares from AIM due to delayed results

1st Oct 2024 13:36

(Sharecast News) - Mothercare suspended its shares from trading on AIM on Tuesday due to a delay in the publication of its results for the year to 30 March 2024.

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Boeing considers raising at least $10bn selling new stock - report

1st Oct 2024 11:58

(Sharecast News) - Boeing is reportedly considering raising at least $10bn by selling new stock as it looks to replenish cash reserves depleted further by an ongoing strike.

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Europe midday: Stoxx rallies on EZ inflation print

1st Oct 2024 11:45

(Sharecast News) - European shares swung into positive territory as eurozone inflation fell below 2% for the first time in more than three years, offsetting worries over the impact of Israel's invasion of Lebanon amid fears of a major escalation of conflict in the Middle East.

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London midday: Stocks push up as investors mull UK manufacturing, EZ inflation

1st Oct 2024 11:01

(Sharecast News) - London stocks had extended gains by midday on Tuesday as investors mulled the latest UK manufacturing data and eurozone inflation figures, and considered the consequences of Israel's invasion of Southern Lebanon.

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US pre-open: Stocks mixed ahead of manufacturing data

1st Oct 2024 10:52

(Sharecast News) - Wall Street futures were mixed ahead of the bell on Tuesday as major indices looked set to kick off Q4 trading on a somewhat muted note.

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Powerhouse Energy reports progress on Bridgend technical centre

1st Oct 2024 10:46

(Sharecast News) - Waste-to-energy technology developer Powerhouse Energy reported progress on the development of its technical centre in Bridgend, Wales on Tuesday, which it described as a key part of its strategy to demonstrate its waste-to-energy technology and explore commercial applications.

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SpaceandPeople finalises five-year deal with Network Rail

1st Oct 2024 10:34

(Sharecast News) - Retail and brand experience specialist SpaceandPeople confirmed the completion of its contract with Network Rail on Tuesday, securing exclusive rights for exhibitions, events, promotions, and sampling across the railway asset operator's managed station estate.

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Empyrean addressing China challenges after mixed year

1st Oct 2024 10:29

(Sharecast News) - Oil and gas explorer Empyrean Energy reported progress across its projects in China, Indonesia and the US in its final results on Tuesday, while also addressing challenges that had emerged in its operations.

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WPP secures 'favourable outcome' from Unilever media review, shares jump

1st Oct 2024 10:22

(Sharecast News) - WPP jumped on Tuesday after consumer goods giant Unilever concluded its global media review and reappointed the ad agency's media services business, Mindshare, in key markets.

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UK manufacturing growth slows, business confidence falls

1st Oct 2024 10:10

(Sharecast News) - Growth in the UK manufacturing sector slowed in September, while business confidence deteriorated amid concerns about the upcoming Budget and geopolitical tensions.

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Renew ends year ahead of expectations

1st Oct 2024 10:07

(Sharecast News) - Infrastructure engineering services group Renew Holdings flagged a stronger-than-expected financial performance for the year ended 30 September in an update on Tuesday.

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Revenue falls but profits rise for James Halstead

1st Oct 2024 10:01

(Sharecast News) - Commercial flooring specialist James Halstead reported a 9.4% decline in full-year revenue on Tuesday, to £274.9m, down from £303.6m in 2023, due to challenging market conditions.

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