News Archive

FTSE 100 movers: NatWest jumps on results; SSE hit by downgrade

25th Oct 2024 14:10

(Sharecast News) - London's FTSE 100 was flat at 8,270.58 in afternoon trade on Friday.

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Galileo Resources subsidiary awarded Zambia copper licence

25th Oct 2024 14:07

(Sharecast News) - Galileo Resources announced on Friday that Statunga Investments, in which it holds a 75% stake, has been awarded an additional small-scale mining licence for the Luansobe copper project in Zambia.

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Griffin Mining reports mixed production results in third quarter

25th Oct 2024 13:58

(Sharecast News) - Griffin Mining reported a mixed third-quarter production performance on Friday, having mined 337,547 tonnes of ore, down from 363,406 tonnes last year, while processed ore increased to 396,778 tonnes from 367,024 tonnes.

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Eni expands share buybacks after better-than-expected third quarter

25th Oct 2024 13:48

(Sharecast News) - Italian energy major Eni announced an increase to its 2024 share buyback programme on Friday, after stronger-than-expected third-quarter profits driven by higher production and strategic portfolio improvements.

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Chapel Down cuts sales guidance; no longer for sale

25th Oct 2024 13:34

(Sharecast News) - English wine maker Chapel Down downgraded its full-year sales guidance on Friday and said it was no longer up for sale.

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Close Brothers tumbles after Court of Appeal ruling

25th Oct 2024 12:12

(Sharecast News) - Close Brothers tumbled on Friday after the Court of Appeal ruled in favour of British consumers that motor dealers acting as credit brokers owe a fiduciary duty to their customers.

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US pre-open: Futures higher as bond yields, Q3 earnings remain in focus

25th Oct 2024 11:28

(Sharecast News) - Wall Street futures were in the green ahead of the bell on Friday as bond yields and corporate earnings remained in focus.

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Europe midday: Markets rangebound ahead of upcoming risk events

25th Oct 2024 11:18

(Sharecast News) - European stock markets were trading flat by Friday lunchtime, having erased earlier losses, though trading was rangebound with investors cautious ahead of number of key events in the coming weeks.

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London midday: FTSE touch lower amid Budget jitters

25th Oct 2024 11:11

(Sharecast News) - London stocks were still just a touch weaker by midday on Friday as investors mulled a decline in consumer confidence and as wariness set in ahead of next week's Budget.

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Mondi to close Stambolijski mill in Bulgaria after fire

25th Oct 2024 11:07

(Sharecast News) - Paper and packaging group Mondi said on Friday that it has decided to permanently close its Stambolijski mill in Bulgaria following the fire there last month.

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Sanofi beats expectations with bumper third-quarter earnings

25th Oct 2024 09:52

(Sharecast News) - Sanofi reported stronger-than-expected third-quarter earnings on Friday, driven by early vaccine sales and robust performance from its anti-inflammatory drug Dupixent.

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Celebrus Technologies delivers 'another strong H1 result'

25th Oct 2024 09:52

(Sharecast News) - Data solutions provider Celebrus Technologies said on Friday that it had delivered "another strong H1 result", leaving the group confident that it will see another year of progress and a full-year performance in line with management expectation.

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Citi downgrades SSE to 'sell'

25th Oct 2024 09:46

(Sharecast News) - Citi downgraded SSE on Friday to 'sell' as it cited concerns about the deployment of its offshore wind fleet.

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Berenberg raises target price on Flutter Entertainment

25th Oct 2024 09:30

(Sharecast News) - Analysts at Berenberg raised their target price on bookmaker Flutter Entertainment from 18,800.0p to 20,300.0p on Friday as it updated its estimates for the group's mid-term targets.

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Airtel Africa slumps as H1 profits, revenue drop

25th Oct 2024 09:24

(Sharecast News) - Airtel Africa slumped on Friday as it posted a decline in first-half profit and revenues.

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