News Archive

Convatec shares slide as US govt cuts skin repair product payments

3rd Nov 2025 14:15

(Sharecast News) - Shares in Convatec fell sharply on Monday after the company said revenues would be hit by up to 2% as a result of US government changes in payments for skin substitutes.

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US manufacturing PMIs diverge in October

3rd Nov 2025 14:14

(Sharecast News) - US manufacturing data painted a mixed picture on Monday, with one key survey signalling expansion, while another pointed to continued sector contraction.

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Audioboom in early takeover talks with a 'number' of interested parties

3rd Nov 2025 13:34

(Sharecast News) - Audioboom said on Monday that it was in talks with a number of interested parties about a potential sale of the business.

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US open: Stocks mixed as shutdown drags on, PMI data diverges

3rd Nov 2025 13:22

(Sharecast News) - Wall Street trading got off to a mixed start on Monday as stocks come off a winning session.

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Civitas and SM Energy agree $12.8bn merger

3rd Nov 2025 13:07

(Sharecast News) - SM Energy and Civitas Resources are to join forces in a $12.8bn deal, the US shale gas producers confirmed on Monday.

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Kimberly-Clark to buy Kenvue in $48.7bn deal

3rd Nov 2025 12:43

(Sharecast News) - Kimberly-Clark said on Monday that it has agreed to buy consumer health firm Kenvue in a $48.7bn cash and stock deal.

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Tesla's Scandi sales slump in October

3rd Nov 2025 12:34

(Sharecast News) - Tesla experienced significant sales declines in many European markets in October, with new car registrations in Scandinavia seeing a big drop.

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Europe midday: Auto makers in focus on Nexperia report

3rd Nov 2025 12:03

(Sharecast News) - European shares extended gains on Monday with auto stocks in focus on hopes that Dutch chip manufacturer Nexperia would resume shipments from its China factory.

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London midday: Stocks stay up after manufacturing data; oil giants come off highs

3rd Nov 2025 12:02

(Sharecast News) - London stocks were still firmer by midday on Monday as investors mulled the latest reading on the UK manufacturing sector, although energy names were off their earlier highs.

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Hutchmed takes wraps off expanding oncology pipeline

3rd Nov 2025 12:00

(Sharecast News) - Hutchmed unveiled new details on its expanding oncology pipeline and research strategy, including the launch of its next-generation antibody-targeted therapy conjugate (ATTC) platform, during its annual research and development update on Monday.

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Iren strikes $10bn AI deal with Microsoft, shares surge

3rd Nov 2025 11:31

(Sharecast News) - Shares in Iren soared on Monday, after the data centre operator struck a $9.7bn AI cloud services deal with Microsoft.

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Berenberg ups Shell target price after strong Q3 results

3rd Nov 2025 11:14

(Sharecast News) - Berenberg has raised its target price for Shell following the oil major's strong third-quarter results last week, hailing the company's "attractive" free cash flow and balance sheet strength.

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UK manufacturing sector picks up in October - PMI

3rd Nov 2025 10:55

(Sharecast News) - British manufacturing output ticked higher in October, a closely-watched survey showed on Monday, despite ongoing weakness across global markets.

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EnSilica rallies on contract wins and chip milestone

3rd Nov 2025 09:52

(Sharecast News) - Chip maker EnSilica provide an update on its continued progress across a number of customer projects and new contract wins on Monday, ahead of its annual results on Tuesday.

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Oil prices spark after Opec pauses output hikes

3rd Nov 2025 09:34

(Sharecast News) - Global oil prices pushed higher on Monday, after Opec and its allies agreed to curtail plans to hike output.

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