News Archive

FTSE 250 movers: Ukraine peace hopes dent defence stocks

15th Aug 2025 15:07

(Sharecast News) - FTSE 250 (MCX) 21,783.75 -0.08%

Read more

Wellnex Life joint CEO resigns

15th Aug 2025 15:04

(Sharecast News) - Wellnex Life said on Friday that joint chief executive and managing director George Karafotias has resigned as CEO and director, effective immediately from the board, though he woud serve a three-month notice period to provide handover support.

Read more

Tekcapital's Innovative Eyewear hit by US tariffs

15th Aug 2025 15:02

(Sharecast News) - Tekcapital said in an update on Friday that its portfolio company Innovative Eyewear posted an 88% year-on-year rise in second-quarter revenue to $0.58m, driven by strong demand for its Lucyd Armor smart safety glasses and the recently launched Reebok Powered by Lucyd sport eyewear.

Read more

Pulsar Helium gets non-binding project financing proposal

15th Aug 2025 14:57

(Sharecast News) - Pulsar Helium said in an update on Friday that it has received a non-binding expression of interest from University Bank in Michigan for up to $12.5m in project financing to build a helium processing plant at its wholly-owned Topaz project in Minnesota.

Read more

Asiamet starts drilling for limestone at Rinjen prospect

15th Aug 2025 14:52

(Sharecast News) - Asiamet Resources announced the start of drilling for limestone at the Rinjen prospect on Friday, around 12 kilometres north of its BKM copper heap leach project in Central Kalimantan, Indonesia.

Read more

US open: Wall Street trading gets off to mixed start as investors weigh data

15th Aug 2025 14:47

(Sharecast News) - Wall Street trading got off to a mixed start on Friday after hotter-than-expected wholesale inflation numbers continued to weigh on stocks.

Read more

FTSE 100 movers: Miners rally; defence stocks in the red

15th Aug 2025 14:17

(Sharecast News) - London's FTSE 100 was down 0.4% at 9,142.41 in afternoon trade on Friday.

Read more

Govt won't bail out UK's largest bioethanol plant - report

15th Aug 2025 14:01

(Sharecast News) - The UK's largest bioethanol plant is reportedly set for closure with the loss of 160 jobs after the government confirmed it would not offer a bailout deal to the Lincolnshire facility.

Read more

HGGC takeover offer for Inspired goes unconditional

15th Aug 2025 13:32

(Sharecast News) - Inspired said on Friday that the recommended all-cash takeover offer from Intrepid Bidco, a vehicle controlled by funds managed and advised by US private equity firm HGGC, had been declared unconditional after receiving acceptances for 63.72% of its shares.

Read more

Kenmare still in talks over Mozambique rights renewal

15th Aug 2025 13:11

(Sharecast News) - Kenmare Resources said on Friday that it remained in talks with the Mozambican government over the renewal of key rights and concessions for its Moma Titanium Minerals Mine, following recent local media reports on the issue.

Read more

US consumer sentiment slips in August as inflation fears resurface

15th Aug 2025 13:09

(Sharecast News) - US consumer sentiment declined for the first time in four months in August, according to a preliminary reading from the University of Michigan, falling to 58.6 from 61.7 in July - well below consensus forecasts of 62.

Read more

US retail sales rise 0.5pc in July

15th Aug 2025 13:09

(Sharecast News) - US retail sales rose as expected in July, according to advance figures from the Census Bureau, up 0.5% last month, extending June's 0.6% rebound.

Read more

Bytes Technology announces £25m share buyback, shares spark

15th Aug 2025 12:02

(Sharecast News) - Bytes Technology surged on Friday as the software, security, cloud and AI services specialist announced a share buyback programme of up to £25m.

Read more

Europe midday: Stoxx rallies ahead of Trump-Putin talks

15th Aug 2025 11:52

(Sharecast News) - European shares shrugged off a hot producer prices print from the US and made a strong start to Friday's session, with all eyes on the meeting between President Donald Trump and his Russian counterpart Vladimir Putin in Alaska for talks on the Ukraine war.

Read more

Shore Capital praises AB Foods' actions to turn business around

15th Aug 2025 11:39

(Sharecast News) - Shore Capital has reiterated a 'buy' rating for retail and food conglomerate Associated British Foods, praising the company's recent actions to deal with underperforming parts of the business.

Read more