Company News
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MicroSalt raises $2.3m to accelerate product rollout, shares surge
Monday 03 Feb 2025
(Sharecast News) - Low-sodium salt maker MicroSalt has raised $2.3m in an oversubscribed fundraising, which it intends to use to build inventory and increase sales and marketing, as sales momentum con... Read More
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Ultimate Products shares tank after profit warning
Monday 03 Feb 2025
(Sharecast News) - The share price of Ultimate Products plummeted on Monday after the homeware brands group disappointed investors with a profit warning as a result of weaker sales and higher costs. Read More
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EZ manufacturing PMI rises to 46.6 in January
Monday 03 Feb 2025
(Sharecast News) - Pressure on Europe's struggling manufacturing sector eased in January, but was still some way from a recovery, according to a survey published on Monday. Read More
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Zigup appoints Pearson's Rachel Coulson as new CFO
Monday 03 Feb 2025
(Sharecast News) - Zigup, formerly Redde Northgate, said on Monday that it has appointed Rachel Coulson as its new chief financial officer, succeeding Philip Vincent, whose departure is planned for 28... Read More
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Frenkel Topping profits flat, but outlook improves
Monday 03 Feb 2025
(Sharecast News) - Financial advisers Frenkel Topping reported double-digit top-line growth in 2024 and delivered a confident outlook, though profits didn't grow. Read More
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Safestay revenues hit record highs in FY24
Monday 03 Feb 2025
(Sharecast News) - Hostel operator Safestay said on Monday that revenues hit a fresh record high in FY24 despite continued cost-of-living pressures impacting its core young traveller demographic. Read More
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Churchill China trades as expected through end of 2024
Monday 03 Feb 2025
(Sharecast News) - Churchill China confirmed in an update on Monday that trading in the last two months of 2024 aligned with both company and market expectations, with no changes to the guidance issue... Read More
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Credit insurers reinstate cover for Asos suppliers
Monday 03 Feb 2025
(Sharecast News) - Fast-fashion retailer Asos has received a vote of confidence after two leading credit insurers reinstated cover for its clothing suppliers. Read More
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Bank of Georgia'a Ameriabank secures EUR 105m loan deal
Monday 03 Feb 2025
(Sharecast News) - Bank of Georgia Group announced on Monday that its Armenian banking subsidiary Ameriabank has secured a €105m loan agreement with the European Investment Bank (EIB Global). Read More
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Speedy Hire warns on profits, shares tumble
Monday 03 Feb 2025
(Sharecast News) - Tools and equipment rental firm Speedy Hire tumbled on Monday as it warned that full-year profit was set to be lower than expected due to the "challenging start" to its final quarte... Read More
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Serica Energy hoping to secure new long-term license for Rhum field
Monday 03 Feb 2025
(Sharecast News) - UK Continental Shelf-focused oil explorer Serica Energy has announced that its license to operate the part-owned Rhum field has been extended by two months. Read More
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AstraZeneca's Imfinzi set for go-ahead by EU to treat lung cancer
Monday 03 Feb 2025
(Sharecast News) - AstraZeneca's Imfinzi has been recommended for approval in the European Union (EU) as a monotherapy for the treatment of adults with limited-stage small cell lung cancer (LS-SCLC) w... Read More
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Director dealings: The Works chair invests, Staffline director linked to sale
Friday 31 Jan 2025
(Sharecast News) - Among the director dealings disclosed to markets in London today involved insiders at discount stationer The Works, and the AIM-traded Staffline Group. Read More
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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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