News Archive

Berenberg lowers target price on Gamma Communications

13th Jun 2025 07:39

(Sharecast News) - Analysts at Berenberg lowered their target price on communication services and solutions provider Gamma Communications from 2,000.0p to 1,570.0p on Friday as it said macro pressures on UK SMEs had forced it to lower forecasts.

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Israel strikes Iranian nuclear enrichment and missile sites

13th Jun 2025 07:38

(Sharecast News) - Israel's Air Force attacked Iran's nuclear weapons programme and ballistic missile sites overnight.

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London open: FTSE falls amid Middle East tensions but oil majors rally

13th Jun 2025 07:37

(Sharecast News) - London stocks fell in early trade on Friday amid escalating tensions in the Middle East, after Israel hit Iran's nuclear sites.

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Industrial production slumps across Eurozone

13th Jun 2025 07:35

(Sharecast News) - Industrial production across the Eurozone slumped in April, official figures showed on Friday, missing expectations for a more modest decline.

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London pre-open: Stocks to fall amid Middle East tensions

13th Jun 2025 07:33

(Sharecast News) - London stocks were set to drop at the open on Friday amid escalating tensions in the Middle East, after Israel hit Iran's nuclear sites.

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Friday newspaper round-up: Credit Suisse, P&O Ferries, KPMG

13th Jun 2025 07:27

(Sharecast News) - Bosses at Credit Suisse were warned against dealing with the Australian financier Lex Greensill's eponymous company three years before the collapse of his Greensill Capital, which once employed the former UK prime minister David Cameron as an adviser. The "character judgment" of senior Credit Suisse managers was challenged in anonymous messages they received as early as 2018, which raised concerns over the Swiss bank's dealings with Greensill, according to a report by the Swiss regulator Finma, released under a London court order after a request by the Guardian and other media. - Guardian

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Europe open: Stocks fall, risk appetite sinks as Israel attacks Iran

13th Jun 2025 07:25

(Sharecast News) - European stocks fell sharply on Friday as geopolitical fears rose on the back of Israel's strike on Iran, which sent oil prices surging.

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German inflation holds steady at 2.1%

13th Jun 2025 07:23

(Sharecast News) - Consumer price inflation held steady in May, while wholesale price growth slowed for the third straight month, according to the Federal Statistical Office on Friday.

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Oxford Instruments FY revenue exceeds £500m for first time

13th Jun 2025 07:19

(Sharecast News) - Oxford Instruments reported adjusted revenue and operating profit growth in the 12 months ended 31 March, driven by "good" momentum and "robust" demand.

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GSK's RSV vaccine accepted for regulatory review by EMA

13th Jun 2025 07:01

(Sharecast News) - Drugmaker GSK said on Friday that its RSV vaccine, Arexvy, has been accepted for regulatory review by the European Medicines Agency to expand use in adults 18 years and older.

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US close: Stocks higher following PPI reading

12th Jun 2025 21:41

(Sharecast News) - Major indices closed higher on Thursday following wholesale inflation figures from the Bureau of Labor Statistics.

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Europe close: Stocks slip as euro strength and geopolitics drag

12th Jun 2025 17:56

(Sharecast News) - European shares ended the session modestly lower as the single currency broke out to new year-to-date highs versus the Greenback.

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London close: Stocks mixed on GDP reading, trade concerns

12th Jun 2025 17:40

(Sharecast News) - London stocks finished Thursday on a mixed note as investors digested weaker-than-expected UK GDP figures and remained cautious over global trade tensions.

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Christie Group trading in line with expectatons

12th Jun 2025 17:37

(Sharecast News) - Christie Group said in an update on Thursday that it is trading in line with expectations for the year, supported by strong activity in its brokerage and software divisions despite macroeconomic headwinds and higher employment taxes in key sectors.

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Phoenix Copper signs letter of intent for proposed $75m placing

12th Jun 2025 17:36

(Sharecast News) - Phoenix Copper announced on Thursday that it has signed a non-binding letter of intent with a US-based investor for the proposed placement of $75m in secured corporate copper bonds.

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