News Archive

Broker tips: Intertek, Cerillion, Future, Midwich

21st Oct 2024 12:54

(Sharecast News) - RBC Capital Markets downgraded Intertek on Monday to 'sector perform' from 'outperform' and cut its price target on the stock to 5,000.0p from 5,200.0p.

Read more

Tristel full-year results top market expectations

21st Oct 2024 12:49

(Sharecast News) - Infection prevention products manufacturer Tristel announced its audited results for the year ended 30 June on Monday, surpassing market expectations.

Read more

PureTech's Seaport closes $225m series B round

21st Oct 2024 12:45

(Sharecast News) - PureTech Health announced on Monday that Seaport Therapeutics, a company it founded, has closed an oversubscribed $225m series B financing round.

Read more

Ocean Wilsons agrees sale of Wilson Sons stake

21st Oct 2024 12:43

(Sharecast News) - Ocean Wilsons announced on Monday that its subsidiary OW Overseas Investments has agreed to sell its 56.47% stake in Brazilian port operator Wilson Sons to SAS Shipping Agencies Services, a subsidiary of MSC Mediterranean Shipping Company.

Read more

Director dealings: Audioboom chairman snaps up shares

21st Oct 2024 12:42

(Sharecast News) - Audioboom revealed on Monday that chairman Michael Tobin had acquired 10,620 ordinary shares in the AIM-listed podcasting business.

Read more

Ricardo to offload defence business

21st Oct 2024 12:42

(Sharecast News) - Ricardo announced its intention to divest its defence business on Monday, as part of its broader strategy to focus on environmental and energy transition consulting.

Read more

Cerillion FY profits seen 'comfortably ahead' of expectations

21st Oct 2024 12:38

(Sharecast News) - Software group Cerillion said on Monday that full-year adjusted pre-tax profits would be "comfortably ahead" of consensus estimates thanks to record new orders.

Read more

EnergyPathways to collaborate with govt on hydrogen storage, shares surge

21st Oct 2024 12:35

(Sharecast News) - AIM-listed EnergyPathways surged on Monday as the Department of Energy Security and Net Zero (DESNZ) invited the company to participate in the Hydrogen Storage Business Model (HSBM) Design Group.

Read more

US pre-open: Futures lower following Dow's record close

21st Oct 2024 12:33

(Sharecast News) - Wall Street futures were in the red ahead of the bell on Monday as Q3 earnings season gets set to pick up steam.

Read more

Starwood European Real Estate impairs Ireland office portfolio loan

21st Oct 2024 12:32

(Sharecast News) - Starwood European Real Estate Finance (SWEF) updated the market on its loan investment in its Ireland office portfolio on Monday, reporting a remaining balance including accrued interest of €25.9m as at 30 September.

Read more

Berenberg lowers target price on Midwich Group

21st Oct 2024 12:31

(Sharecast News) - Analysts at Berenberg lowered their target price on technology distributor Midwich Group from 620.0p to 500.0p on Monday following the company's unscheduled trading update.

Read more

US open: Stocks little changed ahead of busy earnings week

21st Oct 2024 12:29

(Sharecast News) - US stocks were little changed in early trade on Monday as investors eyed a week jam-packed with high-profile earnings results.

Read more

Canaccord Genuity hikes target price on Cerillion

21st Oct 2024 12:29

(Sharecast News) - Analysts at Canaccord Genuity hiked their target price on software firm Cerillion from 1,675.0p to 2,000.0p on Monday following the group's FY24 trading update.

Read more

London midday: Stocks pare gains as investors mull PBOC policy move

21st Oct 2024 12:28

(Sharecast News) - London stocks had pared gains by midday on Monday as investors mulled the latest policy move by the People's Bank of China and UK house price data.

Read more

BHP nearing settlement over 2015 dam failure

21st Oct 2024 12:26

(Sharecast News) - Mining giant BHP said on Monday that it was in the process of negotiating a potential settlement with Brazilian authorities over the November 2015 failure of the Fundão dam.

Read more