Company News
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Merger and acquisition activity declines in first quarter - ONS
Tuesday 06 Jun 2023
(Sharecast News) - Mergers and acquisitions activity in the first quarter of 2023 experienced a decline compared to the previous quarter, according to data released on Tuesday by the Office for Nation... Read More
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AB Foods to buy National Milk Records for £48m
Tuesday 06 Jun 2023
(Sharecast News) - Associated British Foods on Tuesday said it was buying dairy technology company National Milk Records for £48m. Read More
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Revolut chair in talks with PRA over licence application
Tuesday 06 Jun 2023
(Sharecast News) - The chairman of Revolut is reportedly set to meet financial watchdogs this week in an effort to resolve an impasse over its application for a UK banking licence. Read More
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US SEC sues Coinbase a day after Binance
Tuesday 06 Jun 2023
(Sharecast News) - The US Securities and Exchange Commission is suing cryptocurrency exchange Coinbase, accusing it of operating illegally because it failed to register with the regulator. Read More
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Director dealings: BAT, Diaceutics execs make investments
Tuesday 06 Jun 2023
(Sharecast News) - Among the list of director buys on Tuesday was British American Tobacco, after its chief executive picked up more than a quarter-of-a-million pounds worth of shares. Read More
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Jubilee Metals enters new partnership over South Africa ops
Tuesday 06 Jun 2023
(Sharecast News) - Jubilee Metals announced a new partnership agreement for its platinum group metals (PGM) and chrome operations in South Africa on Tuesday. Read More
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Dan Bell appointed new group CEO at Team17
Tuesday 06 Jun 2023
(Sharecast News) - Video games developer Team17 announced the appointment of Steve Bell as its new chief executive officer on Tuesday. Read More
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Citi trims target price on Diageo
Tuesday 06 Jun 2023
(Sharecast News) - Citi has cut its price target for drinks giant Diageo on weaker US trading. Read More
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Frasers Group ups stake in Asos
Tuesday 06 Jun 2023
(Sharecast News) - Mike Ashley's Frasers Group has lifted its stake in online fashion retailer Asos again. Read More
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Ryanair cancels hundreds of flights as French ATC strikes
Tuesday 06 Jun 2023
(Sharecast News) - Ryanair, Europe's largest low-cost airline, was forced to cancel a significant number of flights on Tuesday,as a result of ongoing strike action by air traffic control (ATC) workers... Read More
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Shell puts retail energy arm up for sale
Tuesday 06 Jun 2023
(Sharecast News) - Shell on Tuesday put its household energy supply business up for sale after poor returns in the UK, Germany and Netherlands. Read More
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CBI calls for members' support at crunch meeting
Tuesday 06 Jun 2023
(Sharecast News) - The scandal-hit Confederation of British Industry called on members for support on Tuesday as a crucial vote got underway in London. Read More
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BBC, Boots, BA warned not to pay Russian hackers after payroll data stolen
Tuesday 06 Jun 2023
(Sharecast News) - Firms caught up in the global payroll data hack that included Boots, British Airways and the BBC were on Tuesday warned not to give in to blackmail threats. Read More
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UK construction sector gains momentum despite housing drag
Tuesday 06 Jun 2023
(Sharecast News) - The UK construction sector saw an uptick in activity last month, a closely-watched survey showed on Tuesday, although higher interest rates continued to weigh heavily on house build... Read More
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Tuesday preview: German factory orders, British American Tobacco in focus
Tuesday 06 Jun 2023
(Sharecast News) - The economic calendar was rather sparse on Tuesday. Read More
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SSE fined £10m by Ofgem for overcharging
Tuesday 06 Jun 2023
(Sharecast News) - SSE has been fined nearly £10m by the regulator for overcharging National Grid, in breach of its licence. Read More
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Unilever starts search for new chair - report
Tuesday 06 Jun 2023
(Sharecast News) - Unilever has reportedly appointed executive search firm Spencer Stuart to seek a new board chair to replace Nils Andersen. Read More
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Chemring hails record order book, shares rally
Tuesday 06 Jun 2023
(Sharecast News) - Chemring posted a drop in interim profit and revenue on Tuesday, but shares surged as it reported a record order book. Read More
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Paragon Banking lifts NIM, mortgage lending guidance; shares jump
Tuesday 06 Jun 2023
(Sharecast News) - Paragon Banking lifted its full-year guidance for net interest margin and mortgage lending on Tuesday, and increased its buyback programme, sending shares sharply higher. Read More
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Genuit CFO Paul James to step down
Tuesday 06 Jun 2023
(Sharecast News) - Genuit said on Tuesday that chief financial officer Paul James plans to step down after five years in the role to become CFO of a privately-owned company. Read More
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