Company News
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Snap planning to cut 20% of its workforce - report
Wednesday 31 Aug 2022
(Sharecast News) - Snapchat parent Snap is reportedly planning to cut 20% of its workforce as it looks to cut costs. Read More
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Cake Box tumbles after profit warning
Wednesday 31 Aug 2022
(Sharecast News) - Cake Box shares tumbled on Wednesday after the specialist cream cakes retailer warned on profits. Read More
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Shoe Zone upgrades FY profit guidance on strong demand
Wednesday 31 Aug 2022
(Sharecast News) - Shoe Zone upgraded its full-year profit guidance on Wednesday as it highlighted strong demand. Read More
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Asda to buy Co-op's petrol forecourt business in £600m deal
Wednesday 31 Aug 2022
(Sharecast News) - Asda confirmed on Wednesday that it has agreed to buy Co-op's petrol forecourt estate for around £600m. Read More
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Value of rough diamond sales at Anglo's De Beers dips in seventh cycle
Wednesday 31 Aug 2022
(Sharecast News) - The value of rough diamond sales at Anglo American's De Beers dipped to $630m in the seventh cycle of the year from $638m in the sixth. Read More
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Diurnal to be taken over by Neurocrine Biosciences for £48.3m, shares surge
Tuesday 30 Aug 2022
(Sharecast News) - Diurnal shares surged on Tuesday after it agreed to be taken over by US biotech firm Neurocrine Biosciences for £48.3m. Read More
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Wednesday preview: US ADP report, China factory PMI, euro area CPI in focus
Tuesday 30 Aug 2022
(Sharecast News) - Financial markets' focus on Wednesday is likely to be on consultancy ADP's US private sector payrolls report for August. Read More
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Roper Technologies to buy Frontline Education in $3.73bn deal
Tuesday 30 Aug 2022
(Sharecast News) - Roper Technologies has agreed to buy Frontline Education from software investment firm Thoma Bravo in a $3.73bn all-cash deal. Read More
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AstraZeneca's Evusheld approved in Japan for treatment, prevention of Covid-19
Tuesday 30 Aug 2022
(Sharecast News) - AstraZeneca said on Tuesday that its Evusheld long-acting antibody combination has been approved in Japan for the prevention and treatment of Covid-19. Read More
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Bunzl lifts operating margin outlook as H1 profits rise
Tuesday 30 Aug 2022
(Sharecast News) - Distribution and services group Bunzl lifted its full-year margin outlook on Tuesday as it posted a jump in first-half profit and revenue, with product cost inflation and volume gro... Read More
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Director dealings: Conduit CEO adds 25,000 shares to his holding
Tuesday 30 Aug 2022
(Sharecast News) - Reinsurance specialist Conduit Holdings was in focus on Tuesday, after its chief executive officer bought 25,000 shares across five transactions. Read More
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Morgan Stanley orders laywer to supervise traders - report
Tuesday 30 Aug 2022
(Sharecast News) - Morgan Stanley has reportedly ordered an internal lawyer to shadow the unit entangled in a federal investigation into block trading, underscoring the gravity of the probe. Read More
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Asda planning £450m swoop for Co-op's petrol forecourt business
Tuesday 30 Aug 2022
(Sharecast News) - Asda is reportedly preparing a £450m swoop on the Co-op Group's petrol forecourt business. Read More
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Braemar Shipping posts 'strong' FY result, guides higher for FY 2023
Tuesday 30 Aug 2022
(Sharecast News) - Braemar Shipping turned in a "strong" full-year performance, analysts in the City said, and guided towards an outturn for the current financial year "well ahead" of its board's prev... Read More
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Joules insists 'positive' talks with Next continue
Tuesday 30 Aug 2022
(Sharecast News) - Joules said on Tuesday that it remains in "positive" discussions with Next about adopting its Total Platform services to support its long-term growth plans and a potential equity in... Read More
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Trading in Revolution Beauty shares to be suspended as it fails to complete audit
Tuesday 30 Aug 2022
(Sharecast News) - AIM-listed Revolution Beauty has confirmed that its shares will be suspended from trading with effect from Thursday after it failed to complete its audit for the year to 28 February... Read More
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BAE Systems in 'final phase' of talks over multi-billion-pound deal - report
Tuesday 30 Aug 2022
(Sharecast News) - Defence firm BAE Systems is reportedly in the 'final phase' of talks over a multi-billion-pound deal for five new submarine-hunting ships. Read More
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Dechra Pharmaceuticals buys California-based Med-Pharmex for $260m
Tuesday 30 Aug 2022
(Sharecast News) - Dechra Pharmaceuticals said on Tuesday that it has bought California-based veterinary pharmaceutical manufacturer Med-Pharmex for $260m (£221.5m). Read More
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Energy Capital Partners granted extension of PUSU deadline for Biffa bid
Tuesday 30 Aug 2022
(Sharecast News) - Energy Capital Partners has been granted an extension to the deadline for tabling a firm offer for integrated waste management Biffa. Read More
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Clinical trials demonstrate that AstraZeneca's Farxiga reduces risk of cardiovascular death
Tuesday 30 Aug 2022
(Sharecast News) - Clinical trial results showed that AstraZeneca's Farxiga treatment against Type II diabetes significantly reduced the risk of cardiovascular death or worsening of heart failure in p... Read More
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