Company News
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Begbies Traynor says record number of UK firms in 'significant' distress
Friday 18 Oct 2024
(Sharecast News) - Begbies Traynor's latest 'Red Flag Alert' report, released on Friday, revealed a record number of UK businesses experiencing 'significant' financial distress, with 632,756 companies... Read More
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BP considering sale of minority stake in offshore wind business - report
Friday 18 Oct 2024
(Sharecast News) - BP is reportedly considering selling a minority stake in its offshore wind business, the latest effort by CEO Murray Auchincloss to scale back the energy company's focus on renewabl... Read More
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Cambridge Cognition ex-CEO resigns as director
Friday 18 Oct 2024
(Sharecast News) - Cambridge Cognition, a provider of digital solutions for assessing brain health, announced the formal resignation of Dr Matthew Stork as a director of the company and its subsidiari... Read More
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Trinity Exploration reports fall in sales volumes
Friday 18 Oct 2024
(Sharecast News) - Trinity Exploration & Production updated the market on progress in its third quarter on Friday, highlighting a decline in sales volumes, which averaged 2,471 barrels of oil per day,... Read More
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Cloudcoco agrees £0.25m sale of Connect subsidiary
Friday 18 Oct 2024
(Sharecast News) - Cloudcoco Group announced the conditional sale of its subsidiary Cloudcoco Connect on Friday, to the BE Company, for £0.25m in cash. Read More
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MicroSalt reiterates progress after share price surge
Friday 18 Oct 2024
(Sharecast News) - MicroSalt responded to a significant rise in its share price on Friday, confirming that there was no new trading or operational update beyond the information it provided in its inte... Read More
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Frasers backs N Brown takeover as it ups pursuit of Mulberry
Friday 18 Oct 2024
(Sharecast News) - Mike Ashley's Frasers Group confirmed it was backing the £191m takeover of N Brown on Friday, as it continued its pursuit of luxury handbag brand Mulberry. Read More
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Rockhopper secures extensions to Falkland Islands licences
Friday 18 Oct 2024
(Sharecast News) - Rockhopper Exploration announced on Friday that the Falkland Islands Government (FIG) had agreed to extend all of its petroleum production licences in both the North and South Falkl... Read More
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Fonix maintains expectations amid Irish regulatory uncertainty
Friday 18 Oct 2024
(Sharecast News) - Fonix updated the market on its operations in the Republic of Ireland on Friday, ahead of an expected regulatory change. Read More
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Gore Street Energy Storage secures 12-year contract for Big Rock
Friday 18 Oct 2024
(Sharecast News) - Gore Street Energy Storage Fund announced on Friday that it has secured a 12-year fixed-price resource adequacy (RA) contract for its California-based asset, Big Rock, with Goldman ... Read More
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Iofina crystalline iodine production grows in Q3
Friday 18 Oct 2024
(Sharecast News) - Chemicals business Iofina said on Friday that it had produced 168.9 metric tonnes of crystalline iodine from its six IOsorb plants in Western Oklahoma during Q3, up from 156.9mt a y... Read More
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Keywords Studios to acquire Certain Affinity
Friday 18 Oct 2024
(Sharecast News) - Video games industry company Keywords Studios has entered into an agreement to acquire US-based game development studio Certain Affinity. Read More
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Volvo foresees flat truck markets next year as Q3 results miss estimates
Friday 18 Oct 2024
(Sharecast News) - Swedish automaker Volvo said it is expected flat truck and construction equipment markets next year due to "some uncertainty" about the macroeconomic environment. Read More
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Boohoo launches strategic review as CEO steps down
Friday 18 Oct 2024
(Sharecast News) - The boss of Boohoo Group is to step down, the struggling retailer announced on Friday, as it posted a slump in half-year sales and launched a review of the business that could poten... Read More
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Future CEO Steinberg to step down next year, shares tumble
Friday 18 Oct 2024
(Sharecast News) - Future said on Friday that chief executive Jon Steinberg plans to step down from the board later next year to relocate back to the US with his family, sending shares in the media gr... Read More
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Mothercare FY sales drop, announces new JV partnership
Friday 18 Oct 2024
(Sharecast News) - Retailer Mothercare said on Friday that it had struck a new joint venture with Indian firm Reliance as full-year sales dropped amid continued struggles with weak demand post-Covid. Read More
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Evoke returns to growth for first time in seven quarters
Friday 18 Oct 2024
(Sharecast News) - Gambling and gaming company Evoke has registered its first quarter of year-on-year growth for the first time since early 2022, helped by double-digit growth online in its core marke... Read More
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4imprint appoints new CFO designate
Friday 18 Oct 2024
(Sharecast News) - Promotional merchandise manufacturer 4imprint has appointed a chief financial officer designate to replace current CFO David Seekings who will retire from his role next year. Read More
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BAT moves closer to settling tobacco litigation in Canada
Friday 18 Oct 2024
(Sharecast News) - British American Tobacco has announced that it is nearing a potential settlement regarding outstanding tobacco litigation in Canada after a five-year-long legal process involving it... Read More
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Director dealings: Restore CFO raises stake
Thursday 17 Oct 2024
(Sharecast News) - Restore revealed on Thursday that chief financial officer Dan Baker had acquired 25,000 ordinary shares in the AIM-listed information management firm. Read More
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