Company News
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CLS reports Q3 growth but warns of slower letting activity
Wednesday 13 Nov 2024
(Sharecast News) - Commercial property investment company CLS Holdings said that leasing levels over the third quarter was well ahead of last year, though the macro environment was slowing letting act... Read More
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UK's FCA proposes extension for motor finance complaints
Wednesday 13 Nov 2024
(Sharecast News) - Britain's financial regulator in consulting on an extension for motor finance companies to respond to consumer complaints about commission on car loans after a court ruling last mon... Read More
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Profits fire up at SSE, chief executive to step down
Wednesday 13 Nov 2024
(Sharecast News) - SSE's long-standing chief executive is to stand down, the blue chip confirmed on Wednesday, as it posted a jump in half-year earnings. Read More
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Just Eat to sell Grubhub to Wonder Group for $650m
Wednesday 13 Nov 2024
(Sharecast News) - Just Eat Takeaway said on Wednesday that it has agreed to sell US business Grubhub to Wonder Group for $650m. Read More
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Smiths Group raises outlook after strong Q1 growth
Wednesday 13 Nov 2024
(Sharecast News) - Smiths Group has raised its growth and margin guidance and beefed up its share buyback programme after an "outstanding" first quarter. Read More
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Babcock profits jump on global instability
Wednesday 13 Nov 2024
(Sharecast News) - UK weapons maker Babcock reported a sharp jump in half-year profits and held annual guidance as geopolitical tensions increased demands from governments for military hardware. Read More
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OPEC cuts oil demand forecasts for fourth straight month
Tuesday 12 Nov 2024
(Sharecast News) - The Organization of Petroleum Exporting Countries has lowered its outlook for oil demand this year for the fourth straight month after pushing back a scheduled production increase a... Read More
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First Property raises expectations after solid first half
Tuesday 12 Nov 2024
(Sharecast News) - First Property Group reported a strong performance for the first half of its financial year on Thursday, despite challenges in the property market. Read More
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Oriole announces promising results from Mbe trenchine
Tuesday 12 Nov 2024
(Sharecast News) - Oriole Resources updated the market on exploration at its Mbe gold project in Cameroon on Tuesday, announcing promising results from phase two infill trenching and the planned start... Read More
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Time Finance reports continued positive trading progress
Tuesday 12 Nov 2024
(Sharecast News) - Time Finance announced continued positive trading momentum in the first five months of its 2025 financial year on Tuesday, driven by record revenues and a growing lending book. Read More
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Director dealings: Travis Perkins CEO snaps up shares
Tuesday 12 Nov 2024
(Sharecast News) - Travis Perkins revealed on Tuesday that chief executive Pete Redfern had acquired 249,218 ordinary shares in the FTSE 250-listed builders' merchant. Read More
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SoftBank smashes forecasts with big Q2 profit
Tuesday 12 Nov 2024
(Sharecast News) - Japanese investment giant SoftBank smashed forecasts with results for its second fiscal quarter, as big gains in its tech investments helped it swing to a massive $7.7bn net profit. Read More
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SoftBank smashes forecasts with big Q2 profit
Tuesday 12 Nov 2024
(Sharecast News) - Japanese investment giant SoftBank smashed forecasts with results for its second fiscal quarter, as big gains in its tech investments helped it swing to a massive $7.7bn net profit. Read More
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Elliott takes $5bn stake in Honeywell, urges split into two businesses
Tuesday 12 Nov 2024
(Sharecast News) - Activist investor Elliott Investment Management called on Honeywell International to break itself up on Tuesday, as it said it had taken a $5bn stake in the company. Read More
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Schrödinger surges on Novartis collaboration agreement
Tuesday 12 Nov 2024
(Sharecast News) - Schrödinger surged on Tuesday after it announced a $2.5bn research collaboration and license agreement with Novartis to advance multiple development candidates into the Swiss pharma... Read More
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Home Depot ups full-year outlook after Q3 beat
Tuesday 12 Nov 2024
(Sharecast News) - Home improvement retailer Home Depot reported a small increase in profits in the third quarter as lower margins were offset by higher sales, with results coming in ahead of market e... Read More
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Festive shopping drives UK grocery sales to yearly high
Tuesday 12 Nov 2024
(Sharecast News) - UK grocery sales hit their highest levels in October, according to data out on Tuesday from market research firm Kantar, as the number of shopping trips hit a four-year high. Read More
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DCC to focus on energy sector, shares surge
Tuesday 12 Nov 2024
(Sharecast News) - DCC surged on Tuesday as it announced plans to simplify its operations and focus on the energy sector, reported a rise interim profit and lifted its dividend. Read More
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Brookfield wins Tritax battle but will split portfolio with Segro
Tuesday 12 Nov 2024
(Sharecast News) - Canadian asset manager Brookfield has won the battle for warehouse owner Tritax EuroBox after Segro said it would not up its offer, but the rival bidders did strike a deal to split ... Read More
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German economic sentiment deteriorates in November - ZEW
Tuesday 12 Nov 2024
(Sharecast News) - German business sentiment deteriorated in November, according to a survey released on Tuesday by the ZEW Center for European Economic Research in Mannheim. Read More
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