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  • Merck tops Q3 earnings forecasts despite slower Gardasil demand

    Thursday 31 Oct 2024

    (Sharecast News) - Pharmaceuticals firm Merck reported a solid third quarter on Thursday, with revenue up 4% year-over-year to $16.7bn, driven by robust sales of its cancer drug Keytruda, although muted demand for the Gardasil HPV vaccine remained a challenge.

  • Broker tips: Nexteq, Lloyds

    Thursday 31 Oct 2024

    (Sharecast News) - Analysts at Canaccord Genuity lowered their target price on business-to-business technology firm Nexteq from 200.0p to 110.0p on Friday, citing short-term headwinds.

  • Canaccord Genuity lowers target price on Nexteq

    Thursday 31 Oct 2024

    (Sharecast News) - Analysts at Canaccord Genuity lowered their target price on business-to-business technology firm Nexteq from 200.0p to 110.0p on Friday, citing short-term headwinds.

  • Director dealings: Bioventix CFO raises stake

    Thursday 31 Oct 2024

    (Sharecast News) - Bioventix revealed on Thursday that chief financial officer Bruce Hiscock had acquired 333 ordinary shares in the London-listed antibodies development and supply company.

  • International Paper posts strong quarter, reviews GCF business

    Thursday 31 Oct 2024

    (Sharecast News) - International Paper posted strong third-quarter results on Thursday, reporting adjusted earnings of 44 cents per share, surpassing the Zacks consensus estimate of 24 cents by 83%.

  • Reaction Engines crashes into administration - report

    Thursday 31 Oct 2024

    (Sharecast News) - Reaction Engines has reportedly crashed into administration after weeks of talks with potential backers failed to result in a rescue deal.

  • RBC cuts target prices for UK banks after motor finance ruling

    Thursday 31 Oct 2024

    (Sharecast News) - RBC Capital Markets has cut target prices for a number of UK-listed banks after this week's landmark ruling on motor finance commissions, saying that the news brings about an increased level of uncertainty and potential downside for lenders.

  • Oncimmune secures three new contracts

    Thursday 31 Oct 2024

    (Sharecast News) - Oncimmune Holdings reported continued commercial progress on Thursday, securing three new contracts since its last update on 9 September.

  • Caspian Sunrise progresses sale of BNG area structures

    Thursday 31 Oct 2024

    (Sharecast News) - Caspian Sunrise announced on Thursday that the parties involved in the proposed $88m sale of its shallow MJF and South Yelemes structures at its flagship BNG asset were progressing towards finalising a formal sale and purchase agreement, with completion targeted by the end of the year.

  • IMI buys Rotterdam-based TWTG for €25m

    Thursday 31 Oct 2024

    (Sharecast News) - Engineering firm IMI said on Thursday that it has bought Rotterdam-based TWTG, "a leader" in smart connected asset monitoring solutions for process industries, for €25m (£21m) in cash.

  • Nexteq warns on revenue amid continued de-stocking, product launch delays

    Thursday 31 Oct 2024

    (Sharecast News) - Business-to-business technology company Nexteq warned on revenues on Thursday as continued to see ongoing, cross-industry de-stocking since its H1 report resulted in reduced order intake levels.

  • Cordel secures contracts extension with ARTC

    Thursday 31 Oct 2024

    (Sharecast News) - AI platform operator Cordel Group said on Thursday that it has received a contract extension with the Australian Rail Track Corporation, taking the term of the engagement to 31 August 2025.

  • Guardian Metal signs up to acquire Tempiute mine option

    Thursday 31 Oct 2024

    (Sharecast News) - Guardian Metal Resources announced on Thursday that it has signed a binding letter of intent with Hinkinite Resources to acquire an option on the Tempiute tungsten mine and mill in Nevada, located 240 kilometres north of Las Vegas.

  • Seeing Machines revenue rises, cash outflows narrow

    Thursday 31 Oct 2024

    (Sharecast News) - Seeing Machines reported a 17% revenue increase in its year-end results on Thursday, to $67.6m, aligning with market expectations as regulatory momentum fuelled demand for its driver monitoring technology.

  • Pan African commissions Mogale Tailings Retreatment operation

    Thursday 31 Oct 2024

    (Sharecast News) - Pan African announced the successful commissioning of its Mogale Tailings Retreatment (MTR) operation on Thursday, with the first gold pour at its smelting facility occurring in early October.

  • Pan African commissions Mogale Tailings Retreatment operation

    Thursday 31 Oct 2024

    (Sharecast News) - Pan African announced the successful commissioning of its Mogale Tailings Retreatment (MTR) operation on Thursday, with the first gold pour at its smelting facility occurring in early October.

  • Hutchmed to receive $20m Fruzaqla milestone payment

    Thursday 31 Oct 2024

    (Sharecast News) - Hutchmed China announced on Thursday that it was set to receive a $20m milestone payment from its partner Takeda, after sales of 'Fruzaqla', or fruquintinib, surpassed $200m.

  • VH Global constructs, commissions two systems in Australia

    Thursday 31 Oct 2024

    (Sharecast News) - VH Global Sustainable Energy Opportunities (GSEO) announced on Thursday that the construction and commissioning of two hybrid solar and battery storage systems in New South Wales, Australia had been completed.

  • Augmentum Fintech to exit investment in FullCircl

    Thursday 31 Oct 2024

    (Sharecast News) - Augmentum Fintech announced on Thursday that nCino, a Nasdaq-listed digital banking platform, had agreed to acquire FullCircl, a regulatory technology (RegTech) platform in which it holds an interest.

  • Custodian Property sells vacant Solihull office for £1.4m

    Thursday 31 Oct 2024

    (Sharecast News) - Custodian Property Income announced the sale of a vacant office unit in Solihull for £1.4m on Thursday, achieving a 33% premium over its valuation as of 30 June.

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