Company News
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CMA orders Topps Tiles to keep CTD acquisition at arm's length during probe
Thursday 03 Oct 2024
(Sharecast News) - Topps Tiles updated the market regarding its recent acquisition of CTD Tiles, which included 30 stores, selected stock, and intellectual property for £9m, on Thursday. Read More
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Supermarket Income declares quarterly dividend, suspends scrip alternative
Thursday 03 Oct 2024
(Sharecast News) - Supermarket Income REIT declared an interim dividend of 1.53p per share on Thursday, for the period from 1 July to 30 September. Read More
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OpenAI raises $6.6bn in latest funding round
Thursday 03 Oct 2024
(Sharecast News) - OpenAI reaffirmed its position as one of the world's most valuable start-ups on Thursday, after the artificial intelligence specialist raised $6.6bn in new funding. Read More
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Friday preview: All eyes on non-farm payrolls report, Wetherspoons results
Thursday 03 Oct 2024
(Sharecast News) - All eyes will be on the latest US non-farm payrolls report on Friday, while in the UK, full-year results from pub chain JD Wetherspoon will be in focus. Read More
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Syncona commits £63.5m to Resolution Therapies
Thursday 03 Oct 2024
(Sharecast News) - Syncona announced on Thursday that it has committed £63.5m in series B financing to Resolution Therapeutics, a portfolio company focused on macrophage therapy for inflammatory and f... Read More
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Vp flags steady but subdued half-year, acquires 80pc of CPH
Thursday 03 Oct 2024
(Sharecast News) - Specialist equipment rental company Vp reported a steady half-year performance on Thursday, despite challenging macroeconomic conditions, as it announced the acquisition of a majori... Read More
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Atrato Onsite to sell solar portfolio, seek voluntary liquidation
Thursday 03 Oct 2024
(Sharecast News) - Atrato Onsite Energy announced on Thursday that it has agreed to sell its entire portfolio of solar assets for £218.7m to a joint venture between Brookfield and RAIM Apollo. Read More
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Residential Secure Income proposes managed wind-down
Thursday 03 Oct 2024
(Sharecast News) - Residential Secure Income (ReSI) announced a proposed managed wind-down and portfolio realisation on Thursday, following a thorough review aimed at maximising shareholder value. Read More
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Galliford Try posts strong set of results, launches share buyback
Thursday 03 Oct 2024
(Sharecast News) - Galliford Try reported a strong set of full-year financial results on Thursday, with revenue rising 27.2% to £1.77bn, and operating profit before amortisation increasing 35.2% to £2... Read More
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Tate & Lyle uses new rules to swerve vote on Kelco buy
Thursday 03 Oct 2024
(Sharecast News) - Tate & Lyle said it would not be putting its £1.4bn acquisition of US speciality ingredients maker CP Kelco to shareholders for approval under new listing rules brought in by the UK... Read More
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Spirax FY outlook unchanged, FX headwinds slightly stronger than expected
Thursday 03 Oct 2024
(Sharecast News) - Thermal energy and fluid technology solutions group Spirax said on Thursday that its full-year outlook remained unchanged but warned of modest impacts stemming from potentially stro... Read More
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Hammerson sees strong demand for new bond issuance
Thursday 03 Oct 2024
(Sharecast News) - Retail-focused property group Hammerson has announced the oversubscribed launch of a new 12-year £400m bond, which will be used to support growth and refinance outstanding debt. Read More
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Telecom Plus flags continued robust growth in first half
Thursday 03 Oct 2024
(Sharecast News) - Telecom Plus reported continued robust growth in customer numbers in a first-half update on Thursday, with a rise of 67,000 customers in the six months ended 30 September. Read More
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SSP Group FY profits to jump despite weak Europe trade
Thursday 03 Oct 2024
(Sharecast News) - SSP Group said it expected to deliver a jump in full-year profits, despite weaker earnings in Continental Europe, especially in France where demand during the Olympics was lower tha... Read More
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Molten Ventures acquires majority secondary position in Connect Ventures first fund
Thursday 03 Oct 2024
(Sharecast News) - Venture capital firm Molten Ventures said on Thursday that it has acquired a majority secondary position in the first fund of Connect Ventures, a 2012 Vintage Fund containing a port... Read More
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Molten Ventures acquires majority secondary position in Connect Ventures first fund
Thursday 03 Oct 2024
(Sharecast News) - Venture capital firm Molten Ventures said on Thursday that it has acquired a majority secondary position in the first fund of Connect Ventures, a 2012 Vintage Fund containing a port... Read More
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British Land raises £301m in placing for retail parks acquisition
Thursday 03 Oct 2024
(Sharecast News) - British Land said on Thursday that it had raised £301m in an equity placing to help fund the acquisition of a portfolio of seven "high quality" retail parks. Read More
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National Grid expects additional £70m from ESO
Thursday 03 Oct 2024
(Sharecast News) - National Grid said it performed in line with expectations in its first half, though it registered an unexpected additional £70m contribution from the Electricity System Operator (ES... Read More
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Tesco ups profit targets after strong first half
Thursday 03 Oct 2024
(Sharecast News) - Tesco has lifted its annual profit guidance despite a slight underlying slowdown in the second quarter, as growth remained resilient across its main retail operations. Read More
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JD Sports shares fall on Nike woes despite profit beat, guidance hold
Wednesday 02 Oct 2024
(Sharecast News) - Shares in JD Sports Fashion fell on Wednesday on the back of a sharp fall in sales at Nike - its major partner - despite a better-than-expected 2% rise in half-year profit and guida... Read More
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