Company News
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Exxon Q4 beats estimates on higher Permian, Guyana output
Friday 31 Jan 2025
(Sharecast News) - US oil giant Exxon Mobil fourth quarter profits beat estimates, despite weaker oil prices and refining margins, driven by increased production in the Permian basin at home, and in G... Read More
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Offshore wind developer Orsted CEO Mads Nipper to step down
Friday 31 Jan 2025
(Sharecast News) - Offshore wind developer Orsted said on Friday that Mads Nipper was stepping down from his position as president and chief executive, to be replaced by Rasmus Errboe, who is currentl... Read More
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Chevron adjusted earnings fall short of estimates
Friday 31 Jan 2025
(Sharecast News) - Texas-based energy giant Chevron reported fourth-quarter earnings of $3.2bn on Friday, an increase from $2.3bn a year earlier, although adjusted earnings of $3.6bn fell short of ana... Read More
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Fusion Antibodies validation project with US NIC progresses
Friday 31 Jan 2025
(Sharecast News) - Fusion Antibodies announced on Friday that its OptiMAL validation project with the US National Cancer Institute (NCI) was progressing as planned. Read More
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Reabold ups stake in West Newton gas development field
Friday 31 Jan 2025
(Sharecast News) - Reabold Resources announced on Friday that it has completed the acquisition of additional shares in Rathlin Energy UK from Connaught Oil & Gas for £0.7m, increasing its equity inte... Read More
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Celadon still seeking finance as it draws down most of facility
Friday 31 Jan 2025
(Sharecast News) - Celadon Pharmaceuticals reported on Friday that it has received £0.897m of a £1m drawdown request from its committed credit facility, with the remaining £0.1m now expected in Februa... Read More
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Gemfields reports progress in disrupted fourth quarter
Friday 31 Jan 2025
(Sharecast News) - Gemfields reported total auction revenue of $196m for 2024 on Friday, as it continued to invest in the expansion of its Montepuez Ruby Mine (MRM) in Mozambique. Read More
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Cohort completes acquisition of Aussie firm EM Solutions
Friday 31 Jan 2025
(Sharecast News) - Cohort announced the completed acquisition of EM Solutions on Friday, following earlier announcements in November and January. Read More
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Faron identifies final patient in BEXMAB phase two study
Friday 31 Jan 2025
(Sharecast News) - Faron Pharmaceuticals announced on Friday that it has identified the final patient for its BEXMAB phase two dose optimisation study in refractory or relapsed myelodysplastic syndrom... Read More
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Smiths Group surges on breakup plan after activist pressure
Friday 31 Jan 2025
(Sharecast News) - Shares in Smiths Group surged on Friday after the engineering business said it was selling its electronic connectors unit and would demerge or offload the detection operation as par... Read More
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Novartis impresses with Q4 beat, 2025 outlook
Friday 31 Jan 2025
(Sharecast News) - Pharma giant Novartis comfortably beat market forecasts with its fourth-quarter results on Friday, with the Swiss firm pointing to further growth in sales and profits in 2025. Read More
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Friday preview: US inflation data, German CPI in focus
Friday 31 Jan 2025
(Sharecast News) - Friday will bring with it key readings for US inflation, as well as a barrage of data on Germany, the euro area's largest economy. Read More
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Focusrite trading as expected amid stocking headwinds
Friday 31 Jan 2025
(Sharecast News) - Focusrite said in an update on Friday that trading for the first half of its financial year was expected to align with the board's expectations, with performance anticipated to be w... Read More
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Alliance Pharma FY profits seen in line with expectations
Friday 31 Jan 2025
(Sharecast News) - International healthcare firm Alliance Pharma said on Friday that FY24 group profits would be in line with expectations despite a modest downturn in revenues. Read More
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Avon Technologies trades in line during Q1
Friday 31 Jan 2025
(Sharecast News) - Defence products manufacturer Avon Technologies said on Friday that Q1 trading was in line with expectations and that its outlook for the FY remained consistent with previous guidan... Read More
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Tritax Big Box flags strong 2024 performance
Friday 31 Jan 2025
(Sharecast News) - Tritax Big Box reported a strong 2024 operational performance in an update on Friday, having secured £22.7m in additional contracted rent, including one of the UK's largest pre-lets... Read More
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James Halstead's first-half sales fall UK market remains subdued
Friday 31 Jan 2025
(Sharecast News) - James Halstead said it expects to hit market forecasts with its full-year forecasts, though increased confidence in international markets has been offset by subdued activity in its ... Read More
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Tribal expects to smash forecasts with 2024 results, shares jump
Friday 31 Jan 2025
(Sharecast News) - Tribal Group's share price surged on Friday morning after the education tech and services group delivered a bullish fourth-quarter trading update and confident outlook for 2025. Read More
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Octopus Renewables ups dividend guidance, but NAV falls
Friday 31 Jan 2025
(Sharecast News) - Octopus Renewables Infrastructure Trust reported a slight fall in net asset value (NAV) for the fourth quarter on Friday, but increased its dividend guidance for 2025. Read More
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German retail sales see sharpest decline in two years
Friday 31 Jan 2025
(Sharecast News) - Retail sales in Germany unexpectedly dropped by their most in more than two years in December, according to the Federal Statistical Office (Destatis) on Friday. Read More
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