News Archive

Kore Potash raises $12.2m to settle debt, meet costs

20th Nov 2025 16:12

(Sharecast News) - Kore Potash raised $12.2m (£9.2m) through a direct subscription of new shares to existing and new institutional investors, it announced on Thursday, providing funding to advance its Sintoukola potash project in the Republic of Congo and to cover working capital needs over the next year.

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Naked Wines ends first half in line with expectations

20th Nov 2025 16:08

(Sharecast News) - Naked Wines said in an update on Thursday that trading in the first half of its financial year was in line with expectations, with the online wine retailer reporting improved profitability, stronger cash generation and continued progress against the strategic targets set out earlier in the year.

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Oriole secures approval for Bibemi impact assessment

20th Nov 2025 16:04

(Sharecast News) - Oriole Resources said on Thursday that it has secured approval for the environmental and social impact assessment for its Bibemi gold project in Cameroon, marking a key step towards obtaining an exploitation licence at the 90%-owned asset.

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Ilika reports technical progress across battery programmes

20th Nov 2025 16:01

(Sharecast News) - Ilika reported continued technical progress across its solid-state battery programmes on Thursday, and confirmed it remained on schedule to release its next-generation Goliath prototypes by year-end, although first-half revenue and EBITDA reflected increased investment in development and testing.

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London close: Stocks pare early gains after US jobs data

20th Nov 2025 15:58

(Sharecast News) - UK stocks finished higher on Thursday, snapping a five-day losing streak that sent the Footsie to a four-week low, though gains were modest despite American chip giant Nvidia easing investors' concerns with a solid earnings report.

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FTSE 250 movers: CMC rockets; Paypoint tanks

20th Nov 2025 15:49

(Sharecast News) - FTSE 250 (MCX) 21,486.55 0.35%

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Asda agrees sale-and-leaseback over 24 stores, distribution centre

20th Nov 2025 15:44

(Sharecast News) - Asda agreed to sell 24 supermarkets and its Lutterworth distribution depot in a £568m sale-and-leaseback deal, it announced on Thursday, as the debt-burdened retailer seeks to strengthen its balance sheet ahead of third-quarter results due next week.

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MHA reports strong first-half performance after AIM listing

20th Nov 2025 15:34

(Sharecast News) - MHA reported a strong first-half performance in its first interim results since listing on AIM on Thursday, with double-digit revenue growth, higher earnings and a healthy cash position underpinning its outlook for the full year.

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Verizon starts cutting more than 13,000 jobs

20th Nov 2025 15:28

(Sharecast News) - Verizon started cutting more than 13,000 jobs in what new chief executive Dan Schulman described as the company's largest-ever restructuring on Thursday, as the US telecommunications giant looked to reduce costs and refocus on customer growth.

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US existing home sales hit eight-month high as mortgage rates fall

20th Nov 2025 15:23

(Sharecast News) - Existing home sales in the US rose to their highest in eight months in October, following two straight monthly gains, according to the National Association of Realtors.

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Abbott Laboratories to buy Exact Sciences in $23bn deal

20th Nov 2025 14:14

(Sharecast News) - Abbott Laboratories said on Thursday that it has agreed to buy cancer diagnostics firm Exact Sciences for $23bn.

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Director dealings: B&M CEO snaps up shares

20th Nov 2025 13:56

(Sharecast News) - B&M European Value Retail revealed on Thursday that chief exectuive Tjeerd Jegen had acquired 31,850 ordinary shares in the London-listed retailer.

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FTSE 100 movers: Games Workshop rallies on update; JD Sports slumps

20th Nov 2025 13:51

(Sharecast News) - London's FTSE 100 was up 0.7% at 9,576.37 in afternoon trade on Thursday.

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Broker tips: CMC Markets, Rotork, Atalaya Mining

20th Nov 2025 13:51

(Sharecast News) - Broker Shore Capital lifted its recommendation on CMC Markets to 'buy' from 'hold' on Thursday and upped its price target to 330p from 280p after the spread betting firm lifted its outlook for full-year net operating income following a better-than-expected first half.

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AI investments will drive further equity gains in 2026, says UBS

20th Nov 2025 13:39

(Sharecast News) - UBS has recommended investors to allocate up to 30% of their equity portfolios in 2026 on structural trends like AI, which are expected to fuel further market gains next year.

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