News Archive
Broker tips: Phoenix Group, Johnson Matthey
29th May 2025 16:25
(Sharecast News) - Bank of America Merrill Lynch downgraded Phoenix Group on Thursday to 'neutral' from 'buy', stating it now only sees 13% total return potential.
Read moreFriday preview: US PCE prices, inflation expectations in focus
29th May 2025 16:03
(Sharecast News) - The market spotlight at the end of the week will be on a couple of key inflation reports due out in the States.
Read moreUS economy contracted 0.2% in first quarter
29th May 2025 15:22
(Sharecast News) - The US economy shrank in the first three months of the year quarter of the year, according to revised official data that confirmed the first contraction since 2022.
Read moreDirector dealings: RS Group director raises stake
29th May 2025 15:08
(Sharecast News) - RS Group revealed on Thursday that non-executive director David Sleath had acquired 4,883 ordinary shares in the FTSE 250-listed industrial and electrical products distributor.
Read moreLondon close: Stocks mixed as US GDP contracts
29th May 2025 15:07
(Sharecast News) - London stocks ended Thursday on a mixed note as investors weighed geopolitical developments and fresh economic data from the United States.
Read moreGeo inks agreement with traditional owners at Juno Project
29th May 2025 15:02
(Sharecast News) - Geo Exploration announced the signing of a Heritage Agreement with traditional owners for its Juno Project in central Western Australia on Thursday, clearing a key permitting hurdle and enabling the company to accelerate drilling and advanced exploration.
Read moreSmarttech247 secures $4.2m in new and renewed contracts
29th May 2025 14:50
(Sharecast News) - Smarttech247 announced on Thursday that it has secured $4.2m in new and renewed contracts across multiple sectors, bolstering its annual recurring revenue and expanding adoption of its AI-driven VisionX cybersecurity platform.
Read moreAriana Resources appoints lead manager for planned ASX listing
29th May 2025 14:44
(Sharecast News) - Ariana Resources announced the appointment of Australian firm Shaw & Partners as the lead manager for its planned dual listing on the Australian Securities Exchange on Thursday, which was targeted for completion in the third quarter.
Read moreSareum starts toxicology studies for lead inhibitor
29th May 2025 14:40
(Sharecast News) - Sareum announced the start of a programme of toxicology studies on Thursday, for its lead TYK2/JAK1 inhibitor - SDC-1801 - marking a key step toward phase two clinical development.
Read moreGetech 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.
Read moreUS 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.
Read moreEthernity 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.
Read moreFTSE 250 movers: Cyclical stocks gain on Trump tariff defeat
29th May 2025 14:19
(Sharecast News) - FTSE 250 (MCX) 21,038.26 0.44%
Read moreFTSE 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.
Read moreShein 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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