Company News
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Beazley expects up to $175m hit from Helene and Milton hurricanes
Wednesday 06 Nov 2024
(Sharecast News) - Insurance group Beazley has reiterated its profitability guidance for the full year after a solid third quarter, as it estimated a hit of up to $175m from Hurricanes Helene and Milt... Read More
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Persimmon on track after solid third quarter as demand improves
Wednesday 06 Nov 2024
(Sharecast News) - Housebuilder Persimmon said it is on track to hit full-year targets for housing completions this year after an in-line third-quarter performance, with demand helped by improvements ... Read More
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Wednesday preview: Potential US election surprise (s), euro area PMIs in focus
Wednesday 06 Nov 2024
(Sharecast News) - It's election time again in the United States and most observers and media are predicting that the vote counting in the presidential race could be a drawn out affair, possibly stret... Read More
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Hugo Boss reaffirms 2024 guidance, Asia challenges linger
Tuesday 05 Nov 2024
(Sharecast News) - Hugo Boss reaffirmed its full-year guidance for 2024 after reporting modest revenue growth in the third quarter, with a 1% increase year-to-date, although challenges in the luxury m... Read More
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AstraZeneca says does not comment on media reports as shares slump
Tuesday 05 Nov 2024
(Sharecast News) - AstraZeneca said on Tuesday that it does not comment on speculative media reports, in response to a sharp drop in its share price. Read More
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Nintendo lowers forecasts amid diminishing Switch sales
Tuesday 05 Nov 2024
(Sharecast News) - Nintendo lowered its profit and sales forecasts for the year ending next March on Tuesday, reflecting diminishing demand for its seven-year-old Switch console. Read More
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Vestas Wind Systems shares tumble on Q3 profit miss
Tuesday 05 Nov 2024
(Sharecast News) - Shares in Vestas Wind Systems were tumbling on Tuesday, after it reported third-quarter revenue of €5.2bn, up 18.9% increase year-on-year, with a core operating profit of S... Read More
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Boeing workers agree pay deal, end strike
Tuesday 05 Nov 2024
(Sharecast News) - Boeing's workforce ended a 53-day strike on Tuesday, after voting to accept a new labour agreement that included a 38% pay increase over four years and improved retirement contribut... Read More
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Sosandar signs licensing agreement with Next for homeware range
Tuesday 05 Nov 2024
(Sharecast News) - AIM-listed fashion brand Sosandar said on Tuesday that it has signed a licensing agreement with Next for a homeware range. Read More
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Saudi Aramco sees Q3 profits drop 15%
Tuesday 05 Nov 2024
(Sharecast News) - State-owned oil major Saudi Aramco saw profits drop 15% in the third quarter as lower refining margins and crude prices weighed on the bottom line. Read More
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NatWest strikes £11bn deal to offload pension payments to Rothesay
Tuesday 05 Nov 2024
(Sharecast News) - NatWest Group has struck what is thought to be the UK's biggest-ever deal to outsource pension payments to a specialist insurance company. Read More
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Whitbread kicks off search for chair Crozier's successor - report
Tuesday 05 Nov 2024
(Sharecast News) - Premier Inn owner Whitbread has reportedly kicked off the search for a successor to chairman Adam Crozier and is working with Russell Reynolds Associates. Read More
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Balfour Beatty secures Texas highway upgrade contract
Tuesday 05 Nov 2024
(Sharecast News) - Balfour Beatty announced on Tuesday that it has secured a $746m (£575m) contract from the Texas Department of Transportation to rebuild a section of Interstate 35 through Austin. Read More
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Hilton Food hails strength across all geographies, says Q3 in line
Tuesday 05 Nov 2024
(Sharecast News) - Hilton Food said on Tuesday that it traded in line with management expectations in the third quarter, as it hailed a continued strong performance across all three geographical opera... Read More
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IWG revenue growth underpinned by managed and franchised segment
Tuesday 05 Nov 2024
(Sharecast News) - International Workplace Group reported a 2% year-on-year revenue increase on a constant currency basis for the third quarter on Tuesday, alongside robust expansion in its managed an... Read More
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TI Fluid Systems revenue falls in third quarter
Tuesday 05 Nov 2024
(Sharecast News) - TI Fluid Systems reported a 2.9% decline in revenue at constant currency for the first nine months of the year on Tuesday, citing reduced market volumes and economic headwinds in th... Read More
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Smiths News beats full-year market expectations
Tuesday 05 Nov 2024
(Sharecast News) - Smiths News announced a strong set of full year results on Tuedsay, surpassing market expectations. Read More
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Morgan Advanced Materials lowers outlook, launches £40m buyback
Tuesday 05 Nov 2024
(Sharecast News) - Morgan Advanced Materials reported a 3.8% rise in organic sales for the first nine months of 2024 on Tuesday, driven primarily by strong demand in its performance carbon segment, wh... Read More
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CMA says Vodafone-Three merger could proceed with remedies
Tuesday 05 Nov 2024
(Sharecast News) - The Competition and Markets Authority (CMA) provisionally indicated that the proposed merger between Vodafone and Three could move forward on Tuesday, if the companies implemented s... Read More
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Schroders Q3 outflows reach £2.3bn despite record AuM
Tuesday 05 Nov 2024
(Sharecast News) - Schroders reported a record high in assets under management on Tuesday, reaching £777.4bn as of 30 September, although large third-quarter outflows took the shine off the news. Read More
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