Company News
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CMA clears Microsoft acquisition of Inflection AI assets
Wednesday 04 Sep 2024
(Sharecast News) - The Competition and Markets Authority (CMA) has approved Microsoft's acquisition of key personnel and intellectual property from Inflection AI, it announced on Wednesday, determinin... Read More
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Nordstrom gets $23 a share buyout proposal from family founders, Liverpool
Wednesday 04 Sep 2024
(Sharecast News) - Nordstrom confirmed on Wednesday that it has received a buyout proposal from members of the Nordstrom family and Mexican retailer El Puerto de Liverpool (Liverpool) at $23 per share... Read More
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Barratt profits slump on weak demand, high mortgage rates
Wednesday 04 Sep 2024
(Sharecast News) - House builder Barratt reported a 75% plunge in annual profit, citing cost-of-living pressures, much higher mortgage rates and limited consumer confidence. Read More
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Starwood Capital to buy Balanced Commercial Property in £673m deal
Wednesday 04 Sep 2024
(Sharecast News) - Balanced Commercial Property Trust has agreed to be bought by private investment firm Starwood Capital for £673.5m. Read More
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Revenue rises, net profit falls for Gulf Marine Services
Wednesday 04 Sep 2024
(Sharecast News) - Gulf Marine Services has reported a 9% increase in revenue for the first half on Wednesday, reaching $80.7m, driven by higher demand for its S-Class vessels and improved fleet day r... Read More
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Accsys reports Q1 revenue growth amid 'good demand'
Wednesday 04 Sep 2024
(Sharecast News) - Wood building materials supplier Accsys Technologies said on Wednesday that it had experienced "good demand and revenue growth" in the first quarter as it commenced commercial opera... Read More
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CLS inks expanded leasing deal at Hamburg property
Wednesday 04 Sep 2024
(Sharecast News) - CLS Holdings announced a significant leasing agreement at its Fangdieckstrasse 75 property in Hamburg on Wednesday, securing over 8,900 square metres of office and laboratory space. Read More
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Alpha Group confident after first half growth
Wednesday 04 Sep 2024
(Sharecast News) - Alpha Group International reported a strong first-half financial performance on Wednesday, with revenue growth across its divisions and a solid profit increase, despite challenging ... Read More
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FRP Advisory acquires Newcastle-based corporate finance business
Wednesday 04 Sep 2024
(Sharecast News) - Business advisory firm FRP Advisory Group said on Wednesday that it has acquired Newcastle-based corporate finance services outfit Williams Ali Corporate Finance for an undisclosed ... Read More
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Chapel Down slumps as CEO departs, profits slide
Wednesday 04 Sep 2024
(Sharecast News) - Chapel Down tumbled on Wednesday as it announced the departure of its chief executive and reported a drop in first-half profits and revenue. Read More
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CAB Payments H1 profits slump as FX headwinds persist
Wednesday 04 Sep 2024
(Sharecast News) - Financial technology group CAB Payments said on Wednesday that interim profits had slumped as FX headwinds continued to weigh on earnings. Read More
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Henry Boot subsidiary receives planning permission for 290 homes
Wednesday 04 Sep 2024
(Sharecast News) - Property development business Henry Boot said on Wednesday that its land promotion and planning business, Hallam Land, has secured planning permission on appeal for 290 homes in Sit... Read More
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M&G reports H1 net outflows of £1.5bn
Wednesday 04 Sep 2024
(Sharecast News) - Investment manager M&G reported net outflows of £1.5bn for the six months ended 30 June, excluding its Heritage division, a marked difference compared to net inflows of £700.0m at t... Read More
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Indivior CUD study fails to meet primary and secondary endpoints
Wednesday 04 Sep 2024
(Sharecast News) - Drugmaker Indivior said on Wednesday that the primary and secondary endpoints of Aelis Farma's clinical Phase 2B study of AEF0117 use in participants with cannabis use disorder had ... Read More
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Hilton Food reports first-half profit growth, statutory revenue slides
Wednesday 04 Sep 2024
(Sharecast News) - Hilton Food Group reported strong first-half profit growth and increased volumes on Wednesday, although revenue slid more than 8% on a statutory basis. Read More
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Coats completes pension scheme de-risking
Wednesday 04 Sep 2024
(Sharecast News) - Industrial thread maker Coats Group said it had completed de-risking its UK defined benefit pension scheme by purchasing a £1.3bn bulk annuity policy. Read More
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Direct Line misses profit expectations despite price hikes
Wednesday 04 Sep 2024
(Sharecast News) - UK home and car insurer Direct Line returned to profit but missed earnings expectations for the half-year as sharp price hikes saw customers shop for better deals. Read More
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Segro to buy Tritax for £1.1bn including debt
Wednesday 04 Sep 2024
(Sharecast News) - Segro said on Wednesday that it has agreed to buy rival Tritax EuroBox in a deal with an implied enterprise value of around £1.1bn including debt. Read More
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Wednesday preview: Services PMIs, Direct Line Group in focus
Tuesday 03 Sep 2024
(Sharecast News) - The market spotlight in the middle of the week will be on the health of the services sector on either side of the Channel. Read More
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Director dealings: Gateley director snaps up shares
Tuesday 03 Sep 2024
(Sharecast News) - Gateley revealed on Tuesday that non-executive director Edward Knapp had acquired 16,254 ordinary shares in the AIM-listed professional services firm. Read More
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