News Archive

Petro Matad shares surge on strong Gazelle-1 and Heron-2 progress

9th Oct 2025 10:35

(Sharecast News) - Exploration firm Petro Matad shares jumped sharply on Thursday on the back of better-than-expected flow test results at Gazelle-1 and operational progress at Heron-2.

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CMA backs water bill increases for five firms amid infrastructure funding push

9th Oct 2025 10:28

(Sharecast News) - Millions of households across England will face higher water bills after the Competition and Markets Authority provisionally approved additional price rises for five suppliers.

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Challenger Energy to be bought by Sintana in £45m all-share deal

9th Oct 2025 10:25

(Sharecast News) - AIM-listed oil and gas exploration company Challenger Energy said on Thursday that it has agreed to be bought by Canada's Sintana Energy in an all-share deal that values the group at around £45m.

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Challenger Energy to be bought by Sintana in £45m all-share deal

9th Oct 2025 10:25

(Sharecast News) - AIM-listed oil and gas exploration company Challenger Energy said on Thursday that it has agreed to be bought by Canada's Sintana Energy in an all-share deal that values the group at around £45m.

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Treatt FY sales and profits in line with revised guidance

9th Oct 2025 10:02

(Sharecast News) - Extracts and ingredients manufacturer Treatt said on Thursday that full-year revenues and profits would be in line with revised expectations.

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Deutsche Bank takes 'leap of faith', upgrades Burberry and LVMH

9th Oct 2025 09:53

(Sharecast News) - Deutsche Bank upgraded Burberry and LVMH on Thursday as it took a look at European luxury stocks, saying it was "taking the leap of faith".

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Secure Trust Bank warns on profits, points to vehicle finance division

9th Oct 2025 09:16

(Sharecast News) - Secure Trust Bank tumbled on Thursday as it warned on profits due to the performance of its non-core vehicle finance division, but insisted the core business continues to trade in line with expectations.

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Intercede flags lower H1 revenue amid US contract delays, FX headwinds

9th Oct 2025 08:53

(Sharecast News) - Cybersecurity company Intercede said on Thursday that first-half revenues were expected to have fallen year-on-year, reflecting temporary delays in contract awards and adverse currency movements, particularly in the US federal market.

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UK retail footfall continues to slump ahead of Budget

9th Oct 2025 08:48

(Sharecast News) - Weak consumer confidence and uncertainty arising from the upcoming Autumn Budget prompted a steeper drop in footfall across the UK's high streets, retail parks and shopping centres in September, according to data from the British Retail Consortium on Friday.

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Hostelworld reiterates guidance after solid Q3

9th Oct 2025 08:48

(Sharecast News) - Shares in Hostelworld rose strongly on Thursday after online travel agent reiterated its full-year guidance after an improvement in trading in the third quarter.

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Motorpoint H1 profits surge on record summer volumes

9th Oct 2025 08:45

(Sharecast News) - Automotive retailer Motorpoint said on Thursday that "positive momentum" had continued throughout the six months ended 30 September, with pre-tax profits surging on the back of record retail volumes in July and August.

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Mobico surges on Saudia Arabia contract win

9th Oct 2025 08:22

(Sharecast News) - Mobico surged on Thursday as it announced that its ALSA subsidiary, as part of a joint venture, has won an eight-year capital-light contract in the Kingdom of Saudia Arabia, with a total contract value of €500m revenue.

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London open: Stocks fall as ex-divs weigh; Lloyds, HSBC in the red

9th Oct 2025 08:13

(Sharecast News) - London stocks fell in early trade on Thursday, led lower by a host of ex-dividend names, while Lloyds slumped after warning it would need to increase its motor finance provisions.

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Johnson Matthey lifts full-year outlook for operating profit

9th Oct 2025 07:55

(Sharecast News) - Johnson Matthey said on Thursday that full-year underlying operating profit was set to be at the higher end of initial guidance for mid single digit growth.

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Europe open: Stocks pause near record highs as rally loses steam

9th Oct 2025 07:53

(Sharecast News) - European stock markets retreated slightly on Thursday morning as investors scaled back their appetite for risk following a strong surge over the past two weeks.

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