News Archive
Berenberg lowers target price on MJ Gleeson
5th Jun 2025 11:22
(Sharecast News) - Analysts at Berenberg lowered their target price on housebuilder MJ Gleeson from 642.0p to 500.0p on Thursday, stating the company was currently experiencing some "tough times".
Read moreAsiamet kicks off debt financing process for BKM project
5th Jun 2025 11:20
(Sharecast News) - Asiamet Resources announced the formal start of the debt financing process for its BKM stage one copper project on Thursday, in Central Kalimantan, Indonesia, following the completion of key technical milestones.
Read moreHutchmed new drug application accepted in China
5th Jun 2025 11:18
(Sharecast News) - Hutchmed China and Innovent Biologics announced on Thursday that China's National Medical Products Administration had accepted a new drug application for a combination therapy using fruquintinib and sintilimab to treat advanced renal cell carcinoma in patients who have failed prior tyrosine kinase inhibitor treatment.
Read moreBig Technologies secures asset-freezing deals in ex-CEO litigation
5th Jun 2025 11:17
(Sharecast News) - Big Technologies announced on Thursday that it has secured further asset-freezing undertakings in its legal dispute with former chief executive Sara Murray, as well as several companies and a trust associated with her, as litigation progressed in both the UK and Guernsey courts.
Read moreFull-year profits fall for Griffin Mining
5th Jun 2025 11:15
(Sharecast News) - Griffin Mining reported a drop in full-year profit for 2024 on Thursday, after a fatal accident at its Caijiaying mine in October led to a three-month suspension of operations, disrupting production in the final quarter.
Read moreP&G reveals 7,000 job cuts in restructuring plan
5th Jun 2025 11:15
(Sharecast News) - Consumer goods giant Procter and Gamble has announced plans to cut 7,000 jobs as part of a new two-year non-core restructuring programme amid a sharp slowdown in organic sales growth.
Read moreWoodbois FY results delayed, production resumes in Gabon
5th Jun 2025 10:01
(Sharecast News) - Timber trading firm Woodbois warned on Thursday that its FY numbers would not be finalised before the 30 June deadline as it cheered the resumption of timber production from its projects in Gabon.
Read moreEurozone producer prices register steepest drop in two years
5th Jun 2025 09:40
(Sharecast News) - Producer prices across the eurozone slumped in April by their most in two years as energy price deflation accelerated significantly.
Read moreUK construction sector faring better than expected - PMI
5th Jun 2025 09:32
(Sharecast News) - The downturn in the UK's construction sector showed signs of easing in May, according to a closely-watched survey published on Thursday.
Read moreMixed results at CMC Markets see shares slide
5th Jun 2025 09:28
(Sharecast News) - Shares in CMC Markets fell sharply on Thursday, after annual earnings at the online trading platform missed expectations.
Read moreJPMorgan cuts B&M price target, reiterates 'underweight'
5th Jun 2025 09:06
(Sharecast News) - JPMorgan Cazenove cut its price target on B&M European Value Retail on Thursday to 281p from 299p as it reiterated its 'underweight' rating on the shares.
Read moreAsia report: Markets mixed on trade concerns, Korean election
5th Jun 2025 08:57
(Sharecast News) - Asia-Pacific equity markets delivered a mixed performance on Thursday, as South Korean stocks extended gains on post-election optimism.
Read moreYoung's sees strong start to new year as hot weather boosts sales
5th Jun 2025 08:43
(Sharecast News) - Brewer and pub owner Young's reported a solid increase in sales over the 12 months to 31 March, helped by strong trading over the Euros championships and Christmas period, as the company reported a strong start to the new year.
Read moreEurozone construction PMI remains in contraction territory in May
5th Jun 2025 08:42
(Sharecast News) - Eurozone construction activity remained in contraction territory in May, according to Hamburg Commercial Bank's purchasing managers' index.
Read moreWizz Air profits miss forecasts as groundings hit capacity
5th Jun 2025 08:40
(Sharecast News) - Shares in Wizz Air nosedived on Thursday as operating profits came in lower than expected with the budget carrier blaming plane groundings due to a long-running engine issue which hit capacity along with higher costs.
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