News Archive

MedPal AI raises another £0.38m through ATM facility

16th Jan 2026 12:41

(Sharecast News) - MedPal AI said in an update on Friday that it has raised a further £0.38m in gross proceeds through its at-the-market equity issuance facility, issuing 6.2 million new ordinary shares at an average price of 6.11p per share.

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Broker tips: Close Brothers, BP, Genus

16th Jan 2026 12:31

(Sharecast News) - Shares in Close Brothers sparked on Friday after RBC Capital Markets upgraded the stock to 'outperform' from 'sector perform' and hiked its price target to 625p from 475p.

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Rome Resources reports encouraging progress at Bisie North

16th Jan 2026 12:30

(Sharecast News) - Rome Resources said in an update on Friday that it has made encouraging early progress in its post-maiden resource drilling programme at the Bisie North project in the Democratic Republic of the Congo, where two drill rigs were now operating across the Mont Agoma and Kalayi prospects.

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Shares in Novo Nordisk spike as regulator backs high doses of weight-loss jab

16th Jan 2026 12:14

(Sharecast News) - Shares in Novo Nordisk sparked on Friday, after the UK health authority approved higher doses of the Danish firm's blockbuster weight-loss treatment Wegovy.

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Bank of America downgrades miners, ups energy stocks after commodity divergence

16th Jan 2026 11:20

(Sharecast News) - Valuations across the listed European resources sector look "stretched in both direction", according to Bank of America Securities, which downgraded the mining sector to 'underweight' and upgraded energy stocks to 'overweight'.

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Europe midday: Shares pause as Novo Nordisk, defence stocks, miners in focus

16th Jan 2026 11:20

(Sharecast News) - European markets were lower on Friday after a week of record highs as investors took a pause amid geopolitical tensions, while Novo Nordisk shares were in focus ahead of ⁠US prescription ‌data on the Danish ‍pharma giant's Wegovy weight loss pill.

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Auction Technology surges as FitzWalter considers increased takeover offer

16th Jan 2026 11:07

(Sharecast News) - Auction Technology surged on Friday after its largest shareholder, FitzWalter Capital, said it was considering an increased possible cash offer for the online auction operator of 400p a share.

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London midday: FTSE flat as investors pause for breath, miners fall

16th Jan 2026 10:42

(Sharecast News) - London stocks had flattened out by midday on Friday, paring earlier small losses as investors paused for breath after fresh highs in the previous session, with miners under the cosh as copper prices fell.

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EG Group to kick off formal plans for $9bn US float - report

16th Jan 2026 10:39

(Sharecast News) - Petrol forecourt company EG Group will reportedly kick off formal plans for a $9bn (£6.7bn) US stock market listing next week.

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US pre-open: Futures trade higher as Wall Street looks to extend gains

16th Jan 2026 10:04

(Sharecast News) - Wall Street futures were in the green ahead of the bell on Friday after both chip and banking stocks gave major indices a boost in the previous session.

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HSBC to review Singapore insurance business

16th Jan 2026 09:59

(Sharecast News) - HSBC announced plans on Friday for a strategic review of its insurance manufacturing business in Singapore.

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Week ahead: Wetherspoons, Netflix, BoJ

16th Jan 2026 09:52

(Sharecast News) - Next week sees the release of updates from the likes of Wetherspoons and B&M, while across the pond, quarterly earnings from streaming giant Netflix are due.

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Mitsubishi buys US shale gas assets from Aethon for $5bn

16th Jan 2026 09:30

(Sharecast News) - Mitsubishi Corporation has made its first entry into the US shale gas industry with the $5.2bn acquisition of Aethon Energy Management's assets in Texas and Louisiana.

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RBC Capital upgrades Close Brothers to 'outperform', shares spark

16th Jan 2026 09:29

(Sharecast News) - Close Brothers sparked on Friday after RBC Capital Markets upgraded the stock to 'outperform' from 'sector perform' and hiked the price target to 625p from 475p.

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Porsche delivers fall 10% in 2025 on supply issues, China weakness

16th Jan 2026 09:12

(Sharecast News) - Porsche deliveries dropped by a tenth in 2025 due to supply problems and weakness in China, according to the luxury sports carmaker on Friday, as the German auto company reiterated its focus on a "value over volume" strategy.

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