Company News
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Syncona's Autolus gets FDA approval for leukaemia treatment
Monday 11 Nov 2024
(Sharecast News) - Life science investor Syncona announced on Monday that its portfolio company Autolus Therapeutics has received US Food and Drug Administration (FDA) approval for Aucatzyl (obe-cel),... Read More
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Great Portland Estates buys West End site, signs new £150m loan
Monday 11 Nov 2024
(Sharecast News) - London-focused real estate group Great Portland Estates is spending £58.5m on a refurbishment opportunity near Tottenham Court Road, as the company announced the signing of a new £1... Read More
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Burberry on brink of being taken over by Italy's Moncler - report
Monday 11 Nov 2024
(Sharecast News) - Luxury fashion brand Burberry is reportedly on the brink of being bought by Italy's Moncler. Read More
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Six Exchange Group to buy Aquis Exchange in £225m deal
Monday 11 Nov 2024
(Sharecast News) - Swiss stock exchange operator Six Exchange Group said on Monday that it has agreed to buy Aquis Exchange in a £225m deal. Read More
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Croda retains guidance, but FX movements to dampen FY results
Monday 11 Nov 2024
(Sharecast News) - Specialty chemicals group Croda has left full-year constant-currency profit guidance unchanged after a solid third quarter, though a stronger pound will hit the bottom-line results ... Read More
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NatWest buys back £1bn in shares from the government
Monday 11 Nov 2024
(Sharecast News) - NatWest has repurchased £1bn of shares from the HM Treasury, taking the government's stake in the banking group to just over 11%. Read More
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Bolt drivers win worker status
Friday 08 Nov 2024
(Sharecast News) - Rideshare firm Bolt's drivers have won their legal claim to be classified as workers, paving the way to both paid holidays and a minimum wage. Read More
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Director dealings: Haleon's Alan Stewart snaps up shares
Friday 08 Nov 2024
(Sharecast News) - Haleon revealed on Friday that non-executive director Alan Stewart had acquired 33,923 ordinary shares in the London-listed consumer healthcare business. Read More
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JLR's Q2 profits hit by aluminium supply problems
Friday 08 Nov 2024
(Sharecast News) - Second-quarter profits at auto giant Jaguar Land Rover fell by a tenth as the Coventry-based manufacturer was hit by aluminium supply constraints, though things are expected to pick... Read More
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Teneo said to be hunting new backers at $2bn valuation
Friday 08 Nov 2024
(Sharecast News) - Advisory firm Teneo - which managed the insolvency of Bulb Energy in 2021 - is reportedly kicking off a hunt for new backers in a process that could value it at about $2bn (£1.5bn). Read More
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Sony lifts sales targets after strong Q2
Friday 08 Nov 2024
(Sharecast News) - Japanese electronics giant Sony has lifted its full-year guidance on the back of strength in its gaming division, after second-quarter profits jumped more than 70%, comfortably beat... Read More
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Vistry warns on profits again, shares tumble
Friday 08 Nov 2024
(Sharecast News) - Vistry tumbled on Thursday as it warned on full-year profits again, cutting its forecast for completions and highlighting issues at its South Division. Read More
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Shares slide as Richemont results fail to sparkle
Friday 08 Nov 2024
(Sharecast News) - Shares in Richemont fell sharply on Friday, after the luxury goods giant missed expectations, weighed down by sluggish Chinese demand. Read More
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CMA calls for shake-up of baby formula market
Friday 08 Nov 2024
(Sharecast News) - UK watchdog the Competition and Markets Authority has called for a shake-up of the baby formula market in an effort to help parents struggling to afford it. Read More
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Scottish Mortgage lowers Nvidia stake
Friday 08 Nov 2024
(Sharecast News) - Investment trust Scottish Mortgage revealed that it has lowered its stake in AI-darling Nvidia on Friday as it warned of unsustainable costs related to the technology's adoption. Read More
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ABC Technologies receives PUSU deadline extension for TI Fluid Systems bid
Friday 08 Nov 2024
(Sharecast News) - Thermal management and fluid handling systems manufacturer TI Fluid Systems said on Friday that the PUSU deadline for ABC Technologies' proposed takeover had been extended to 22 Nov... Read More
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Rightmove tightens guidance, backs UK housing market
Friday 08 Nov 2024
(Sharecast News) - Rightmove tweaked its full-year forecasts on Friday, but remained upbeat about the long-term prospects for the UK housing market. Read More
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Friday preview: US consumer confidence, IAG in focus
Friday 08 Nov 2024
(Sharecast News) - Investors' focus at the end of the week will be on the US consumer and any fresh news out around the incoming US administration's plans. Read More
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Workspace offloads Raynes Park industrial site for £20m
Friday 08 Nov 2024
(Sharecast News) - London-focused office owner and operator Workspace Group has disposed of another non-core asset with the sale of Raynes Park redevelopment site, the Rainbow Industrial Estate. Read More
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Serco loses £165m Australian contract, estimates big hit from NI tax changes
Friday 08 Nov 2024
(Sharecast News) - Public sector-focused outsourcing group Serco issued a double whammy of bad news for investors on Friday, revealing that it has not been reselected for it long-running Australian im... Read More
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