News Archive

FTSE 100 movers: Defence firms jump; Anglo in the red

2nd Jun 2025 14:34

(Sharecast News) - London's FTSE 100 was down 0.4% at 8,737.25 in afternoon trade on Monday.

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Director dealings: Investec CEO lowers stake

2nd Jun 2025 14:26

(Sharecast News) - Investec revealed on Monday that chief executive Fani Titi had disposed of 156,635 shares in the London-listed financial services firm.

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US open: Stocks lower as US-Sino tensions remain in focus

2nd Jun 2025 14:01

(Sharecast News) - Major indices were in the red early on Monday after China said it would take strong measures to defend its interests as it claimed the US had "severely violated" their recently struck trade agreement.

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Jefferies resumes coverage of Drax at 'buy'

2nd Jun 2025 13:30

(Sharecast News) - Jefferies resumed coverage of Drax on Monday with a 'buy' rating and 750p price target, saying it was "resilient" amid uncertainty.

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Campbell's serves up above-forecast quarterly earnings

2nd Jun 2025 12:28

(Sharecast News) - The Campbell's Company posted improved third-quarter numbers on Monday, beating analyst expectations, as under-pressure US consumers opted to cook at home.

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Cordel inks five-year contract with class one US railroad

2nd Jun 2025 12:17

(Sharecast News) - Cordel Group announced the signing of a five-year contract worth over $3.7m with a leading class one freight railroad in the United States on Monday, marking a significant expansion of its presence in the North American rail market.

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Tekcapital raises £1.25m to accelerate AI growth

2nd Jun 2025 12:15

(Sharecast News) - Tekcapital announced on Monday that it has raised £1.25m through a placing and subscription of new shares at 7p each, as it looked to accelerate growth across its portfolio, with a particular focus on mobility and generative AI.

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Polarean Imaging gets go-ahead to expand Xenoview use

2nd Jun 2025 12:11

(Sharecast News) - Polarean Imaging announced on Monday that it has received approval from the US Food and Drug Administration to expand the use of its lung imaging agent Xenoview to include children aged six and older, opening access to an additional one million potential patients.

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Geo starts electrical geophysics at Juno Project

2nd Jun 2025 12:08

(Sharecast News) - Geo Exploration announced the start of electrical geophysics fieldwork at its Juno Project in central Western Australia on Monday, marking the next stage in its search for large intrusion-related gold systems.

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Frenkel Topping in advanced takeover talks with PE firm Harwood

2nd Jun 2025 12:07

(Sharecast News) - Frenkel Topping said on Monday that it was in advanced discussions with private equity firm Harwood about a possible takeover offer.

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Duke Capital makes follow-on investment in Tristone Healthcare

2nd Jun 2025 12:04

(Sharecast News) - Duke Capital announced a £2.5m follow-on investment in Tristone Healthcare on Monday, comprising £2m in credit financing and £0.5m in equity, to support Tristone's acquisition of Serenity Care Homes.

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QinetiQ shares rise on defence spending hopes, Berenberg raises target price

2nd Jun 2025 12:01

(Sharecast News) - Shares in security and defence contractor QinetiQ were rising strongly on Monday on the back of news of increases to defence spending by the UK government, which broker Berenberg said underpins the outlook for the business.

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Meta to boost AI use in advertising - report

2nd Jun 2025 11:42

(Sharecast News) - Facebook-owner Meta Platforms is looking to ramp up the use of artificial intelligence in advertising, it was reported on Monday.

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Europe midday: Trade tensions, Poland election result hit sentiment

2nd Jun 2025 11:39

(Sharecast News) - European shares were lower on Monday as trade war tensions increased between China and the US while Polish shares were hit by the election of right-wing populist Karol Nawrocki as president.

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Firering records first quicklime sales from Zambia subsidiary

2nd Jun 2025 11:34

(Sharecast News) - Firering Strategic Minerals announced on Monday that it has recorded its first sales of high-purity quicklime from its Zambian subsidiary Limeco Resources, marking a key step toward revenue growth as it ramps up operations at the large-scale limestone site west of Lusaka.

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