Company News
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Renewi maintains expectations despite some lower volumes
Monday 03 Oct 2022
(Sharecast News) - Waste-to-product technology company Renewi said in an update on Monday that it had traded "well" in the first half, with EBIT expected to be ahead of the prior year on flat revenues... Read More
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UK manufacturing sector falters as headwinds mount
Monday 03 Oct 2022
(Sharecast News) - The UK manufacturing sector continued to struggle last month, a closely-watched survey showed on Monday, with both orders and output falling. Read More
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AJ Bell agrees £150k a year consultancy deal with founder
Monday 03 Oct 2022
(Sharecast News) - AJ Bell said on Monday that it has entered into an agreement with Blythe Business Services (BBSL) that will see former chief executive and founder Andy Bell continue to work with th... Read More
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Tortilla warns over rising protein costs, shares tumble
Monday 03 Oct 2022
(Sharecast News) - Tortilla warned on Monday that margins will take a hit from rising protein and utility costs, sending shares in the Mexican fast food chain tumbling. Read More
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Government U-turns on plans to abolish 45p tax rate
Monday 03 Oct 2022
(Sharecast News) - The chancellor has scrapped controversial plans to abolish the top rate of tax following days of market turmoil and increasingly vocal opposition across the Conservative party. Read More
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Frasers urges MySale shareholders to accept mandatory offer
Monday 03 Oct 2022
(Sharecast News) - Frasers Group urged MySale shareholders to accept its offer for the company after lining up assurances that would give it a 50.1% stake in the Australian fashion platform. Read More
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Credit Suisse CEO reassures over financial strength, shares slide
Monday 03 Oct 2022
(Sharecast News) - Credit Suisse tumbled on Monday after executives reportedly spent the weekend reassuring clients and staff over the bank's financial health. Read More
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Essentra disposes of filters unit, names new CEO
Monday 03 Oct 2022
(Sharecast News) - Essential components business Essentra has offloaded its filters business to a wholly owned subsidiary of Centaury Management for an enterprise value of approximately £262.1m. Read More
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Trading on track at Hyve, shares spark
Monday 03 Oct 2022
(Sharecast News) - Shares in Hyve Group sparked on Monday after the exhibitions and conferences organiser said the industry's recovery was continuing at pace. Read More
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XP Power mulls 'next steps' over $40m ruling
Monday 03 Oct 2022
(Sharecast News) - XP Power said it was considering its options after a US court confirmed it must pay $40m to rival Comet Group. Read More
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Phoenix Group plans to back new nuclear power stations - report
Monday 03 Oct 2022
(Sharecast News) - Phoenix Group is reportedly preparing to back the government's plans for a nuclear renaissance, but only if ministers overhaul the funding model that previously led to the collapse ... Read More
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Drax acquires remaining minority interest in Alabama Pellets joint venture
Monday 03 Oct 2022
(Sharecast News) - Power generation business Drax Group has agreed to acquire a remaining minority interest in its Alabama Pellets joint venture from Two Rivers Lumber for $22.0m in cash. Read More
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Hipgnosis refinances debt facilities
Monday 03 Oct 2022
(Sharecast News) - Music investment company Hipgnosis Songs Fund said it had refinanced its debt facilities with a new revolving credit facility. Read More
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Qinetiq buys Australian defence services company Air Affairs
Monday 03 Oct 2022
(Sharecast News) - QinetiQ said on Monday that it has agreed to buy Australian defence services company Air Affairs for AUD53m (£31m) in cash and to sell its Belgium-based commercial space business, Q... Read More
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Telecom Plus boosts full-year profits
Monday 03 Oct 2022
(Sharecast News) - Telecom Plus boosted full-year profit guidance on Monday after record" customer growth during the first half. Read More
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Halma acquires US-based medical devices company
Monday 03 Oct 2022
(Sharecast News) - Life-saving technology company Halma has acquired Maryland-based medical consumable devices outfit IZI Medical Products in a deal valued at as much as $168.0m. Read More
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Endeavour Mining says Burkina Faso operations not hit by coup
Monday 03 Oct 2022
(Sharecast News) - Endeavour Mining on Monday said its operations in Burkina Faso have not been affected by the recent coup that forced out Lt Col Paul-Henri Damiba as leader. Read More
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Halma acquires US-based medical devices company
Monday 03 Oct 2022
(Sharecast News) - Life-saving technology company Halma has acquired Maryland-based medical consumable devices outfit IZI Medical Products in a deal valued at as much as $168.0m. Read More
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Carnival expecting Q4 loss, shares sink
Friday 30 Sep 2022
(Sharecast News) - Carnival shares sank on Friday after the cruise operator said it expects to make a loss in the fourth quarter. Read More
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Dignity swings to interim loss as costs mount
Friday 30 Sep 2022
(Sharecast News) - Shares in Dignity fell sharply on Friday, after the funeral services specialist said it swung into the red. Read More
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