News Archive

Riverstone Energy reports small profit, confirms wind-down plans

27th Aug 2025 10:19

(Sharecast News) - Riverstone Energy reported a half-year profit of $3m as its board confirmed plans for a managed wind-down of the company, approved by shareholders earlier this month.

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US pre-open: Wall Street futures hold steady as traders await Nvidia earnings

27th Aug 2025 10:14

(Sharecast News) - Wall Street futures were little changed ahead of the bell as investors awaited quarterly earnings from AI darling Nvidia.

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International Personal Finance extends talks with suitor BasePoint

27th Aug 2025 10:10

(Sharecast News) - International Personal Finance said on Wednesday discussions with BasePoint Capital over a possible recommended cash offer for the company were continuing, with the UK Takeover Panel granting an extension to the formal bid deadline.

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Berenberg initiates trio of UK industrials with 'buy' ratings amid sector underperformance

27th Aug 2025 09:37

(Sharecast News) - Analysts at Berenberg initiated coverage on a number of UK capital goods and industrial engineering firms on Wednesday, noting that UK industrials have underperformed the market 11.8% year-to-date, with macroeconomic uncertainty and tariffs not helping matters.

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Tracsis trades in line with revised guidance

27th Aug 2025 09:25

(Sharecast News) - Transport technology provider Tracsis said on Wednesday that full-year trading was in line with revised guidance as it reported a stronger second-half performance, supported by recurring software licence growth, seasonal uplift in data and consultancy services, and delivery against its orderbook.

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Asia report: Markets mixed on China industrial data, US tariff concerns

27th Aug 2025 09:22

(Sharecast News) - Asia-Pacific markets ended mixed on Wednesday as investors weighed a sharp slowdown in China's industrial profit declines against fresh US trade tariffs on India.

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LEGO delivers record first half as new products hit the mark

27th Aug 2025 09:16

(Sharecast News) - LEGO delivered record revenues in the first half, with both top and bottom lines growing by double digits on the back of more than 300 new product launches during the period.

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Wednesday preview: US GDP, Nvidia in focus

27th Aug 2025 09:15

(Sharecast News) - Investors' focus in the middle of the week will be on US chip-making giant Nvidia, which is due to release its second quarter results after the New York close.

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National Grid calls for Ofgem to go further with price determination

27th Aug 2025 09:03

(Sharecast News) - National Grid urged Ofgem to make significant changes to its RIIO-ET3 draft determination on Wednesday, saying it wanted to ensure the next price control delivered the scale of investment needed for Britain's electricity transmission network.

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Faron narrows first-half losses as it advances its lead asset

27th Aug 2025 08:56

(Sharecast News) - Faron Pharmaceuticals reported a series of first-half clinical and financial milestones on Wednesday, as it advanced its lead asset, bexmarilimab, through late-stage development in high-risk myelodysplastic syndromes (HR-MDS).

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Thames Water agrees payment plan for Ofwat penalty bill

27th Aug 2025 08:19

(Sharecast News) - Thames Water has secured a payment plan with Ofwat for £122.7m in penalties, it was confirmed on Wednesday, as it raced to avoid collapse and potential temporary nationalisation.

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Cykel AI in talks about 'significant' equity investment

27th Aug 2025 08:12

(Sharecast News) - Shares in Cykel AI dropped sharply on Wednesday, pulling back after a surge over the past few days, as the AI product and research company confirmed speculation of "possible significant equity investment".

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Fusion Antibodies selected for follow-on projects

27th Aug 2025 08:10

(Sharecast News) - Pre-clinical antibody discovery specialists Fusion Antibodies said on Wednesday that it has been selected for three follow-on projects to its existing stable Cell Line Development project.

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Thor Explorations reports further positive results from Guitry

27th Aug 2025 08:06

(Sharecast News) - Thor Explorations reported further positive drilling results from its maiden campaign at the 100%-owned Guitry Gold Project in Côte d'Ivoire on Wednesday, confirming the presence of high-grade mineralisation at depth and paving the way for a maiden resource estimate later this year.

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Journeo secures new orders for passenger display systems across UK and Ireland

27th Aug 2025 08:01

(Sharecast News) - Information systems and technical services provider Journeo said on Wednesday that it has received approximately £1m of purchase orders from a large local authority in the South of England.

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