News Archive

Europe close: Markets claw back losses to finish higher

5th Nov 2025 17:14

(Sharecast News) - European equities edged higher on Wednesday, recovering modestly from recent losses as stronger economic data from the eurozone and the UK offset lingering concerns over stretched valuations in artificial intelligence stocks and a record-breaking US government shutdown.

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Revenue falls short but profitability improves for Velocity Composites

5th Nov 2025 17:10

(Sharecast News) - Velocity Composites said in an update on Wednesday that annual revenue fell short of expectations due to delays in key aerospace programmes, although profitability improved as operational efficiencies boosted margins and cut costs.

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Built Cybernetics offloads loss-making UK subsidiary

5th Nov 2025 17:06

(Sharecast News) - Built Cybernetics announced the completed disposal of its loss-making subsidiary Anders + Kern UK on Wednesday, to the unit's managing director Barrie Meehan for a nominal sum.

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Oriole inks completion agreement with BCM International

5th Nov 2025 17:01

(Sharecast News) - Oriole Resources announced a completion agreement with BCM International on Wednesday, covering its earn-in arrangements on the Bibemi and Mbe gold projects in Cameroon, securing funding for a new drilling programme at Mbe-North and further test work at Bibemi.

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US services PMI hits eight-month high, but uncertainty remains

5th Nov 2025 15:01

(Sharecast News) - Service-sector activity in the United States grew at its fastest pace in eight months in October, according to the Institute for Supply Management, though businesses still showed caution in their hiring decisions while the government shutdown weighed on confidence.

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Burford Capital confident despite slide into red

5th Nov 2025 14:42

(Sharecast News) - Burford Capital said on Wednesday that it swung into the red in the third quarter after revenues fell sharply.

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Alien Metals reports new silver intersection at Elizabeth Hill

5th Nov 2025 14:42

(Sharecast News) - Alien Metals said in an update on Wednesday that native silver had been intersected in new drilling at the Elizabeth Hill project in Western Australia, confirming near-surface mineralisation at one of the country's highest-grade historic silver deposits.

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TPXimpact on track to meet full-year guidance

5th Nov 2025 14:39

(Sharecast News) - TPXimpact said in an update on Wednesday that it was on track to meet full-year guidance after an encouraging first half, as improved profitability and tighter financial management reduced net debt and supported stronger cash generation.

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Kitwave trading in line with expectations, CFO to step down

5th Nov 2025 14:36

(Sharecast News) - Kitwave Group said in an update on Wednesday that it expects full-year profit to be in line with market expectations after trading in the second half of its financial year met forecasts, as it also announced the upcoming retirement of its long-serving chief financial officer.

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Union Jack Oil calls Oklahoma test results 'unexpected and disappointing'

5th Nov 2025 14:32

(Sharecast News) - Union Jack Oil said on Wednesday that testing at its Sark well in central Oklahoma failed to produce commercial hydrocarbons despite evidence of a valid structural closure.

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Water Intelligence reports strong third-quarter results

5th Nov 2025 14:28

(Sharecast News) - Water Intelligence reported strong third-quarter results on Wednesday, with double-digit revenue and profit growth as operational efficiencies and its 'Dallas Template' restructuring continued to boost margins and accelerate earnings momentum.

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Hutchmed enrols last patient in phase three lung cancer trial

5th Nov 2025 14:22

(Sharecast News) - Hutchmed China said in an update on Wednesday that it has completed patient enrollment for its global phase three 'Saffron' trial evaluating the combination of Orpathys and Tagrisso in certain lung cancer patients with MET overexpression or amplification who had progressed following Tagrisso treatment.

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FTSE 250 movers: Ceres powers ahead; TP Icap slides

5th Nov 2025 14:17

(Sharecast News) - FTSE 250 (MCX) 22,060.20 0.29%

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Broker tips: BP, Segro, JD Sports

5th Nov 2025 14:14

(Sharecast News) - Analysts at Berenberg hiked their target price on oil and gas giant BP from 490p to 525p on Wednesday after the group reported "another strong set of results" for its third quarter, driven by good operational performance, rising production volumes and steady progress on cost-reduction programmes.

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Director dealings: Hargreaves Services CEO raises stake

5th Nov 2025 14:13

(Sharecast News) - Hargreaves Services revealed on Wednesday that chief executive Gordon Banham had acquired 7,600 ordinary shares in the AIM-isted environmental and industrial services provider.

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