News Archive

FTSE 250 movers: Marshalls surges; Mony Group slides

16th Oct 2024 13:50

(Sharecast News) - FTSE 250 (MCX) 20,959.86 0.80%

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Image Scan finalises £3m UK defence contract

16th Oct 2024 13:44

(Sharecast News) - Image Scan announced the finalisation of a significant contract with UK defence contractor NP Aerospace on Wednesday, for the supply of its 'ThreatScan' portable x-ray system.

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Thursday preview: ECB decision, US retail sales in the spotlight

16th Oct 2024 13:29

(Sharecast News) - Investors' focus on Thursday will be the European Central Bank's interest rate decision.

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US import price index undershoots forecasts in September

16th Oct 2024 13:28

(Sharecast News) - The cost in the US of goods purchased overseas undershot economists' forecasts last month as the fuel prices plummeted.

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US pre-open: Futures little changed following heavy losses

16th Oct 2024 12:30

(Sharecast News) - Wall Street futures were little changed ahead of the bell on Wednesday following heavy losses in the previous session.

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Ryanair braced for delivery delays as problems mount at Boeing - O'Leary

16th Oct 2024 12:09

(Sharecast News) - Ryanair could be forced to trim its 2025 traffic outlook, it was reported on Wednesday, on the back of mounting problems at key supplier Boeing.

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Europe midday: Shares down with luxury, tech stocks under pressure

16th Oct 2024 11:54

(Sharecast News) - European shares were lower on Wednesday with luxury and tech stocks under pressure while investors also digested the latest UK inflation data showing a fall below 2% for the first time in three years.

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Eco Buildings receives first confirmed order under Egeu Stone contract

16th Oct 2024 11:48

(Sharecast News) - Modular housing company Eco Buildings Group announced on Wednesday that it has received its first confirmed order under its contract with Egeu Stone, marking a significant milestone.

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London midday: Whitbread leads the risers as inflation slowdown lifts stocks

16th Oct 2024 11:42

(Sharecast News) - A drop in UK inflation to its lowest in more than three years gave London's FTSE 100 a boost on Wednesday, as hopes increased that the Bank of England would resume interest-rate cuts at its next meeting.

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Hutchmed reports positive results from AstraZeneca lung cancer collaboration

16th Oct 2024 11:41

(Sharecast News) - Hutchmed China announced positive results from its Savannah phase two trial on Wednesday, which studied the combination of 'Tagrisso', or osimertinib, and 'Orpathys', or savolitinib, in treating patients with epidermal growth factor receptor-mutated (EGFRm) non-small cell lung cancer (NSCLC), who had high levels of MET overexpression or amplification and whose disease progressed after treatment with Tagrisso.

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Vertu Motors revenue rises, profit slips in first half

16th Oct 2024 11:35

(Sharecast News) - Vertu Motors reported a resilient first-half performance on Wednesday, with revenue increasing 2.9% to £2.49bn, compared to £2.42bn in the first six months of the 2024 financial year.

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New ITM Power finance chief to start in early January

16th Oct 2024 11:28

(Sharecast News) - ITM Power confirmed on Wednesday that Amy Grey would assume the role of chief financial officer on 6 January, earlier than previously anticipated.

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Asia report: Tech stocks lead most markets lower

16th Oct 2024 11:11

(Sharecast News) - Asia-Pacific markets faced broad declines on Wednesday, with Japan's Nikkei 225 leading the losses amid heightened investor caution.

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Quilter flags strong third quarter

16th Oct 2024 11:05

(Sharecast News) - Quilter reported strong third quarter net inflows of £1.4bn in an update on Wednesday, significantly outpacing the first and second quarter levels and marking record quarterly net inflows of £1.5bn on its platform.

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