News Archive
Company veteran named chief scientific officer at Pfizer
20th Nov 2024 12:10
(Sharecast News) - Pfizer has appointed company insider Chris Boshoff as its new chief scientific officer, the US drugs giant confirmed on Wednesday.
Read moreTarget shares sink after big Q3 earnings miss
20th Nov 2024 11:55
(Sharecast News) - Shares of Target plunged by nearly a fifth in pre-market trading on Wednesday after the American discount retail chain missed third-quarter profit forecasts by a wide margin and lowered its full-year guidance.
Read moreE.ON must pay £14.5m over billing failures - Ofgem
20th Nov 2024 11:32
(Sharecast News) - E.ON has been fined £14.5m by the UK watchdog for "unacceptable" billing failures during the cost of living crisis, it was announced on Wednesday.
Read moreEurope midday: Shares pare gains as tensions with Russia ratchet up
20th Nov 2024 11:26
(Sharecast News) - European shares trimmed morning gains on Wednesday as continuing geopolitical tensions in Ukraine hit sentiment.
Read moreSilverbullet wins £1.5m worth of new contracts
20th Nov 2024 11:23
(Sharecast News) - Silverbullet reported strong trading in its fourth quarter on Wednesday, marked by record-breaking performance in October and new contracts worth £1.5m.
Read moreTracsis confident after year of transformation
20th Nov 2024 11:12
(Sharecast News) - Transport technology specialist Tracsis reported full-year revenue of £81m on Wednesday, a slight 1% decline, while adjusted EBITDA fell 20% to £12.8m, resulting in an EBITDA margin of 15.7%.
Read moreGreencoat Renewables sells Kokkoneva wind farm for 6pc premium
20th Nov 2024 11:03
(Sharecast News) - Greencoat Renewables announced on Wednesday that it has finalised the sale of its 43.2 MW Kokkoneva wind farm in Finland to Aneo, a Norwegian renewable energy company and one of the largest onshore wind asset owners in Norway.
Read moreHouse prices push higher in September - UK HPI
20th Nov 2024 10:56
(Sharecast News) - UK house prices continued to grow in September, official data showed on Wednesday, despite weakness in the London market.
Read moreEquals announces another extension to takeover deadline
20th Nov 2024 10:55
(Sharecast News) - Equals Group announced another extension to the 'put up or shut up' (PUSU) deadline on Wednesday, for a potential all-cash acquisition by a consortium led by Embedded Finance (Railsr), TowerBrook Capital Partners, and JC Flowers.
Read moreLondon midday: FTSE flat as investors mull higher-than-expected inflation
20th Nov 2024 10:37
(Sharecast News) - London stocks had pared earlier small gains to trade flat by midday on Wednesday as higher-than-expected UK inflation fuelled expectations the Bank of England will refrain from cutting rates next month.
Read moreUS pre-open: Quiet start expected as markets prepare for Nvidia earnings
20th Nov 2024 10:25
(Sharecast News) - US stock futures were pointing to a subdued start on Wall Street on Wednesday as investors scale back risk appetite ahead of Nvidia's latest quarterly earnings with geopolitical tensions with Russia rumbling on in the background.
Read moreCiti reassured by Informa update on "robust" trading
20th Nov 2024 09:53
(Sharecast News) - Citi has reiterated its 'buy' rating for Informa after a "robust" trading update from the B2B publishing and events group this week, saying that shareholders should be reassured that underlying trends are strong.
Read moreEurozone construction output edges lower
20th Nov 2024 09:53
(Sharecast News) - Construction output in the eurozone slipped slightly in September after stagnating the previous month, according to figures released on Wednesday by Eurostat.
Read moreAsia report: Markets mixed as Japan exports beat forecasts
20th Nov 2024 09:33
(Sharecast News) - Asia-Pacific markets experienced mixed performances on Wednesday as investors digested China's decision to maintain its benchmark lending rates and Japan's stronger-than-expected trade data.
Read moreKnights Group pleased with solid first half
20th Nov 2024 09:33
(Sharecast News) - Knights Group reported a robust half-year performance in an update on Wednesday, with underlying profit before tax rising 25.9% to £14.6m, compared to £11.6m in the same period last year.
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