News Archive

Advanced Medical Solutions reports full-year growth as it integrates acquisitions

19th Mar 2025 11:02

(Sharecast News) - Advanced Medical Solutions reported a 41% increase in revenue to £177.5m for the year ended 31 December on Wednesday, driven by strong organic growth and contributions from its recent acquisitions of Peters Surgical and Syntacoll.

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Hutchmed renal cell carcinoma trial meets primary endpoint

19th Mar 2025 10:55

(Sharecast News) - Hutchmed China, alongside Innovent Biologics, announced on Wednesday that the FRUSICA-2 phase two and three clinical trial evaluating the combination of fruquintinib and sintilimab as a second-line treatment for advanced renal cell carcinoma (RCC) in China had met its primary endpoint of progression-free survival.

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Europe midday: Shares lower ahead of Fed rate decision

19th Mar 2025 10:49

(Sharecast News) - European shares were lower on Wednesday as investors eyed the reality of Russian President Vladimir Putin's pledge not to bomb Ukrainian energy infrastructure for a month and awaited a policy decision from the US Federal Reserve.

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Filtronic expands strategic partnership with SpaceX

19th Mar 2025 10:36

(Sharecast News) - Filtronic announced on Wednesday that it has expanded its strategic partnership with SpaceX, securing an increased allocation of business to supply advanced E-band SSPA modules for the Starlink satellite constellation.

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US mortgage applications pull back as rates climb

19th Mar 2025 10:30

(Sharecast News) - Mortgage applications in the United States pulled back last week after a significant uptick over the preceding two weeks, as long-term mortgage rates rose for the first time in more than two months.

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'Difficult' year dents sales, profits at Judges Scientific

19th Mar 2025 10:23

(Sharecast News) - Buy and build specialist Judges Scientific posted weaker profits and revenues on Wednesday, following a challenging year for orders.

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Berenberg slashes QinetiQ price target, reiterates 'buy' rating

19th Mar 2025 10:20

(Sharecast News) - Berenberg slashed its price target on QinetiQ on Wednesday to 500p from 610p to reflect lowered estimates, but reiterated its 'buy' rating.

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Asia report: Markets mixed as BoJ keeps rates on hold

19th Mar 2025 09:42

(Sharecast News) - Asia-Pacific markets traded mixed on Wednesday as investors assessed Wall Street's sharp losses in technology stocks and the Bank of Japan's policy decision.

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US pre-open: Stocks to edge higher ahead of FOMC meeting

19th Mar 2025 09:38

(Sharecast News) - Stock futures were edging higher on Wednesday morning after a sharp drop the previous session, though gains are likely to be limited ahead of the Federal Open Market Committee meeting.

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Shepherd Neame to raise prices as Budget changes take effect

19th Mar 2025 09:18

(Sharecast News) - Pub owner and brewery group Shepherd Neame has said that it is looking to save costs and lift prices as a result of "unwelcome" cost increases introduced in the latest Budget, as it reported a slight dip in first-half sales.

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Mitie appoints Chris Rogers as its next chair

19th Mar 2025 09:11

(Sharecast News) - Mitie Group announced the appointment of Christopher Rogers as its chair-elect on Wednesday, to succeed Derek Mapp as chair following the company's annual general meeting on 22 July, when Mapp would step down after eight years on the board.

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UK consumer sentiment stabilises, but outlook still uncertain

19th Mar 2025 08:50

(Sharecast News) - UK consumer sentiment improved slightly in March, according to a new survey out from the British Retail Consortium on Thursday, bouncing back after a record-low reading in February.

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BNPP Exane downgrades Compass Group, shares slide

19th Mar 2025 08:49

(Sharecast News) - Compass Group slumped on Wednesday after BNP Paribas Exane downgraded shares of the catering firm to 'underperform' from 'outperform'.

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FDM points to uptick in demand after tough 2024

19th Mar 2025 08:26

(Sharecast News) - FDM Group saw a big drop in revenues and profits in 2024, but shares rose strongly on Wednesday after the tech consultancy pointed to an "encouraging" start to 2025.

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Europe open: Stoxx falls as investors mull Fed meeting, Putin 'ceasefire' deal

19th Mar 2025 08:15

(Sharecast News) - European shares opened lower on Wednesday as investors eyed the reality of Russian President Vladimir Putin's pledge not to bomb Ukrainian energy infrastructure for a month and awaited a policy decision from the US Federal Reserve.

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