Company News
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Regulators green light Nationwide's £2.9bn Virgin Money takeover
Friday 06 Sep 2024
(Sharecast News) - Nationwide Building Society's £2.9bn takeover of Virgin Money UK has received regulatory approval, it was announced on Friday. Read More
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Poppy Gustafsson steps down as Darktrace CEO
Friday 06 Sep 2024
(Sharecast News) - Cybersecurity specialist Darktrace announced on Friday that Poppy Gustafsson was stepping down as chief executive officer, effective immediately. Read More
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GSK announces positive COPD trial results
Friday 06 Sep 2024
(Sharecast News) - GSK announced positive results from its phase three 'MATINEE' clinical trial on Friday, which evaluated the effectiveness of 'Nucala', or mepolizumab, in treating chronic obstructiv... Read More
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Berkeley Group says trading 'stable', backs FY guidance
Friday 06 Sep 2024
(Sharecast News) - Housebuilder Berkeley Group backed its full-year guidance on Friday as it said trading in the first four months of the year has been stable. Read More
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House prices pick up to two-year high - Halifax
Friday 06 Sep 2024
(Sharecast News) - UK house prices edged up to a two-year high in August as confidence picked up amid easing interest rates, according to figures released by Halifax on Friday. Read More
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Friday preview: US non-farm payrolls, Berkeley Group Holdings in focus
Thursday 05 Sep 2024
(Sharecast News) - All eyes at the end of the week will be on the US non-farm payrolls report for August, which may decide whether the Federal Reserve opts for a 25 or 50 basis point cut when its meet... Read More
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Director dealings: Harbour Energy director raises shareholding
Thursday 05 Sep 2024
(Sharecast News) - Harbour Energy revealed on Thursday that senior independent director Simon Henry had acquired 20,000 ordinary shares in the London-listed upstream oil and gas company. Read More
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Berenberg slightly raises target price on Coats Group
Thursday 05 Sep 2024
(Sharecast News) - Analysts at Berenberg raised their target price on thread and structural components' manufacturer Coats Group from 120.0p to 135.0p on Thursday after the group announced that its UK... Read More
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CMA launches probe into Ticketmaster over Oasis ticket sales
Thursday 05 Sep 2024
(Sharecast News) - The Competition and Markets Authority has launched an investigation into Ticketmaster follow the sale of tickets for legendary British rock band Oasis' upcoming reunion tour, includ... Read More
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Primark sees lower sales in H2 as wet UK summer hits footfall
Thursday 05 Sep 2024
(Sharecast News) - Like‐for‐like sales at Primark were expected to fall by around 0.5% in the second half of the financial year due to wet weather in the UK and Ireland which hit womenswea... Read More
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Revenue falls but profits stable at Churchill China
Thursday 05 Sep 2024
(Sharecast News) - Hospitality ceramics manufacturer Churchill China reported a 7.8% decrease in revenue in its interim results on Thursday, totaling £40.6m, compared to £44m in the same period last y... Read More
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Xeros shares tumble as it slashes revenue, earnings expectations
Thursday 05 Sep 2024
(Sharecast News) - Textile industry environmental innovator Xeros Technology announced a delay in the mass market launch of a new nine-kilogram washing machine by its Indian licensee IFB Industries on... Read More
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Court orders former Wirecard executives to pay €140m
Thursday 05 Sep 2024
(Sharecast News) - Three former executives of Wirecard, including chief executive Markus Braun, have been ordered to pay €140m in damages by a Munich court. Read More
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Fusion Antibodies strengthens financial position despite revenue decline
Thursday 05 Sep 2024
(Sharecast News) - Preclinical antibody discovery and engineering specialist Fusion Antibodies said in its final results on Thursday that despite a challenging year with a decline in revenue, it had s... Read More
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Asos shares surge on outlook, Topshop stake sale to Heartland
Thursday 05 Sep 2024
(Sharecast News) - Shares in Asos surged by a fifth on Thursday as the troubled online fashion retailer said it was offloading 75% of the Topshop group as part of a joint venture deal with major share... Read More
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EnQuest slams windfall tax as revenues slide
Thursday 05 Sep 2024
(Sharecast News) - UK oil firm EnQuest hit out at the energy profits levy on Thursday, arguing that current conditions meant the windfall tax was no longer merited. Read More
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Verizon to buy Frontier Communications in $20bn cash deal
Thursday 05 Sep 2024
(Sharecast News) - Verizon Communications said on Thursday that it has agreed to buy Frontier Communications, the largest pure-play fibre internet provider in the US, for $20bn in cash. Read More
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Safestay reports 23pc rise in first-half earnings
Thursday 05 Sep 2024
(Sharecast News) - Hostel operator Safestay reported a 23% increase in first-half EBITDA on Thursday, reflecting significant operational progress and portfolio expansion. Read More
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Oriole Resources swings to first-half profit
Thursday 05 Sep 2024
(Sharecast News) - West and Central Africa-focussed exploration company Oriole Resources reported a first-half pre-tax profit of £1.15m on Thursday - a significant improvement compared to a loss of £0... Read More
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Beowulf reports positive test-work results from Kallak Project
Thursday 05 Sep 2024
(Sharecast News) - Beowulf Mining announced positive results from its 2024 metallurgical test-work programme for the Kallak Iron Ore Project in Sweden on Thursday. Read More
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