Company News
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Pulsar reports first-half rise in annual recurring revenue
Monday 08 Jul 2024
(Sharecast News) - Marketing and communications software-as-a-service specialist Pulsar Group reported a £2.2m increase in annual recurring revenue in its interim results on Monday, demonstrating a ma... Read More
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Eli Lilly to acquire Morphic via tender offer
Monday 08 Jul 2024
(Sharecast News) - American pharmaceuticals company Eli Lilly has struck an agreement to acquire biopharma business Morphic in a deal worth approximately $3.2bn. Read More
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Zinc Media trading in line despite slow UK market
Monday 08 Jul 2024
(Sharecast News) - Television and content production company Zinc Media Group reported ongoing delays in the UK content commissioning market in an update on Monday. Read More
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Devon Energy to buy Grayson Mill's Williston Basin business in $5bn deal
Monday 08 Jul 2024
(Sharecast News) - Devon Energy said on Monday that it has agreed to buy the Williston Basin business of Grayson Mill Energy in a $5bn deal. Read More
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Hiscox surges as Sompo, Generali said to be interested in takeover
Monday 08 Jul 2024
(Sharecast News) - Hiscox surged on Monday following a report that two rivals are considering takeover bids for the insurer. Read More
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Grifols shares surge on report Grifols family, Brookfield eyeing €5.5bn bid
Monday 08 Jul 2024
(Sharecast News) - Shares in Grifols surged on Monday after a newspaper report stated descendants of the founding family and Canadian fund Brookfield were in talks to launch a takeover bid for the Spa... Read More
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Thousands of Samsung workers begin three-day strike over pay, working conditions
Monday 08 Jul 2024
(Sharecast News) - More than 6,000 members of the National Samsung Electronics Union (NSEU) began a three-day walkout over pay and working conditions on Monday, just days after the South Korean conglo... Read More
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Berenberg raises target price on LBG Media
Monday 08 Jul 2024
(Sharecast News) - Analysts at Berenberg hiked their target price on digital media publisher LBG Media from 120.0p to 140.0p on Monday, citing positive tailwinds. Read More
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Skydance and Paramount Global agree to merger
Monday 08 Jul 2024
(Sharecast News) - Skydance Media has agreed a merger with fellow American production company Paramount Global in a deal worth more than $8bn, effectively ending Shari Restone's decades-long ownership... Read More
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Metro Bank revives £3bn mortgage sale - report
Monday 08 Jul 2024
(Sharecast News) - Metro Bank is reportedly reviving plans to offload a multibillion pound mortgage months after an investor bailout rescued it from the brink of collapse. Read More
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Solid State reports record revenue, surge in profits
Monday 08 Jul 2024
(Sharecast News) - Computing, power and communications specialist Solid State reported record revenue of £163.3m in its final results on Monday, representing a 29% increase from year-on-year. Read More
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Quartix flags solid first-half subscription growth
Monday 08 Jul 2024
(Sharecast News) - Vehicle tracking specialist Quartix Technologies said in a trading update on Monday that it expected to report first-half revenue of £16m, adjusted EBITDA of £2.6m, pre-tax profit o... Read More
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Angus Energy Q2 revenues seen at roughly £4.9m
Monday 08 Jul 2024
(Sharecast News) - Onshore energy transition business Angus Energy said on Monday that second-quarter revenues were expected to come to roughly £4.90m after only minor servicing to two compressor engi... Read More
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Biome warns of ongoing slowness in bioplastics division
Monday 08 Jul 2024
(Sharecast News) - Bioplastics and radio frequency technology specialist Biome Technologies reported challenges in its bioplastics division, alongside positive developments in its Stanelco RF technolo... Read More
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Huddled acquires stock clearance retailer Boop Beauty
Monday 08 Jul 2024
(Sharecast News) - E-commerce specialist Huddled Group announced the acquisition of a 75% controlling stake in Boop Beauty on Monday. Read More
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Jangada upbeat on progress at investee Blencowe
Monday 08 Jul 2024
(Sharecast News) - Natural resources developer Jangada Mines highlighted significant advancements made by Blencowe Resources, in which it holds a 10% stake, on Monday. Read More
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Marston's disposes of stake in Carlsberg JV
Monday 08 Jul 2024
(Sharecast News) - Wolverhampton-based company Marston's has disposed of its 40% stake in its brewing joint venture with Carlsberg to become a business entirely focused on pubs. Read More
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Delivery Hero facing potential €400m antitrust fine, shares tumble
Monday 08 Jul 2024
(Sharecast News) - Delivery Hero tumbled on Monday after saying it might face a fine of more than €400m for alleged anti-competitive behaviour. Read More
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Macfarlane buys foam packaging firm Polyformes for £11.5m
Monday 08 Jul 2024
(Sharecast News) - Scottish packaging firm Macfarlane Group announced on Monday it is spending £11.5m to buy foam specialist Polyformes. Read More
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Seeing Machines buys Asaphus Vision, partners with Valeo
Monday 08 Jul 2024
(Sharecast News) - Driver monitoring technology specialist Seeing Machines announced a collaboration with global automotive supplier Valeo on Monday, complemented by the acquisition of Asaphus Vision,... Read More
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