News Archive

Getech secures major three-year subscription renewal

29th May 2025 14:31

(Sharecast News) - Getech announced on Thursday that it has secured a major three-year subscription renewal for its Globe platform with a US-based energy super-major, valued at $0.945m.

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US open: Stocks higher as court orders Trump to dismantle tariff regime

29th May 2025 14:27

(Sharecast News) - Major indices traded higher early on Thursday as market participants digested news that a federal court had struck down Donald Trump's so-called "reciprocal" tariffs and cheered solid earnings from AI darling Nvidia.

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Ethernity completes all payments under creditor settlement plan

29th May 2025 14:24

(Sharecast News) - Ethernity Networks announced on Thursday that it has completed all creditor payments under its previously-approved settlement plan, marking a key step in its financial restructuring.

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FTSE 250 movers: Cyclical stocks gain on Trump tariff defeat

29th May 2025 14:19

(Sharecast News) - FTSE 250 (MCX) 21,038.26 0.44%

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FTSE 100 movers: Auto Trader tanks on results; Phoenix hit by downgrade

29th May 2025 14:00

(Sharecast News) - London's FTSE 100 was flat at 8,728 in afternoon trade on Thursday.

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Shein to increase product testing in response to EU probe

29th May 2025 13:30

(Sharecast News) - Chinese fast-fashion retailer Shein said it was increasing product testing and set a target of scrutinising 2.5 million products this year in response to pressure from the European Union.

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Clune, Adams pull out of potential bid for Argentex

29th May 2025 13:20

(Sharecast News) - Argentex said in an update on Thursday that Terry Clune and Harry Adams had confirmed they did not intend to make an offer for the company, following a prior announcement on 23 April.

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US initial jobless claims hit five-week high

29th May 2025 13:13

(Sharecast News) - Americans lined up for unemployment benefits at an accelerated pace in the week ended 10 May, according to the Department of Labor.

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Kohl's beats expectations with narrower first-quarter loss

29th May 2025 13:12

(Sharecast News) - American department store giant Kohl's reported first-quarter results that exceeded analyst expectations on Thursday, narrowing its net loss and delivering a smaller-than-expected decline in comparable sales.

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Rockhopper progresses Sea Lion towards final investment decision

29th May 2025 13:09

(Sharecast News) - Rockhopper Exploration reported full-year results for 2024 on Thursday, as it continued to progress its Sea Lion oil development project in the North Falkland Basin.

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Hargreaves Lansdown CEO Dan Olley to step down

29th May 2025 12:59

(Sharecast News) - Investment broker Hargreaves Lansdown said on Thursday that chief executive Dan Olley was leaving the firm after less than two years in the job.

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Berenberg hikes target price on Johnson Matthey

29th May 2025 12:31

(Sharecast News) - Analysts at Berenberg raised their target price on Johnson Matthey from 1,380.0p to 1,800.0p on Thursday as it said the firm had "successfully navigated a fork in the road".

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Best Buy cuts guidance on tariff concerns

29th May 2025 12:21

(Sharecast News) - Shares in Best Buy came under pressure on Thursday, after Donald Trump's tariff regime caused the US electronics retailer to slash its full-year guidance.

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Europe midday: Shares pare gains amid Trump court defeat on tariffs

29th May 2025 11:23

(Sharecast News) - European shares pared gains but were still higher on Thursday after a US court blocked President Donald trump's swingeing reciprocal tariffs while quarterly results from tech darling Nvidia boosted semiconductor makers.

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Helios Underwriting reports 'excellent' 2024 financial performance

29th May 2025 11:16

(Sharecast News) - Helios Underwriting reported an 11% increase in its net asset value in its preliminary results on Thursday, to 243p per share for 2024, alongside a recommended cash dividend of 10p per share and a total expected capital return of 20p.

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