Company News
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ASOS COO, CFO Mat Dunn to step down amid restructure
Wednesday 17 Aug 2022
(Sharecast News) - ASOS shares slumped on Wednesday after the online fashion retailer said that chief operating officer and chief financial officer Mat Dunn will step down from his roles as the compan... Read More
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Frasers Group tables all-cash offer for Australian rival MySale
Wednesday 17 Aug 2022
(Sharecast News) - Frasers Group tabled an all-cash offer for its smaller Australian rival MySale in a bid to grow its presence Down Under. Read More
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Gooch & Housego warns on profit despite record order book
Wednesday 17 Aug 2022
(Sharecast News) - Photonic components and systems manufacturer Gooch & Housego reported "strong and improving" levels of demand for its products and services in a trading update on Wednesday, with it... Read More
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Gem Diamonds revenue up, though prices and recoveries fall
Wednesday 17 Aug 2022
(Sharecast News) - Gem Diamonds sold 57,075 carats in its first half, it reported on Wednesday, generating revenue of $99.6m, up from $97.3m year-on-year, although prices and recoveries were down. Read More
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Essentra records strong first-half after packaging disposal
Wednesday 17 Aug 2022
(Sharecast News) - Essentra reported a "strong" first-half performance from its continuing operations on Wednesday, with revenue up 17% on a constant currency basis to £340.8m, and adjusted operating ... Read More
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Boohoo buys 7.1% stake in Revolution Beauty
Wednesday 17 Aug 2022
(Sharecast News) - Fast fashion retailer Boohoo said on Wednesday that it has bought a 7.1% stake in Revolution Beauty, sending shares in the latter surging. Read More
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Cineworld mulls restructure as lack of blockbusters hits sales
Wednesday 17 Aug 2022
(Sharecast News) - Film theatre chain Cineworld warned on Wednesday that a lack of big-budget film releases was hitting admissions at its cinemas and would persist until November, hitting trading and ... Read More
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Persimmon profits fall, maintains completion guidance
Wednesday 17 Aug 2022
(Sharecast News) - Housebuilder Persimmon posted a fall in interim profits on Wednesday, but reiterated completion guidance and said price rises were offsetting cost inflation. Read More
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Hochschild earnings fall as first-half production slows
Wednesday 17 Aug 2022
(Sharecast News) - Hochschild Mining reported first-half revenue of $347.8m on Wednesday, down from $394.8m year-on-year, as adjusted EBITDA fell to $130.5m from $198.5m. Read More
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Entain fined £17m for social responsibility and anti-money laundering failures
Wednesday 17 Aug 2022
(Sharecast News) - Ladbrokes owner Entain has been fined £17m by the Gambling Commission for social responsibility and anti-money laundering failures. Read More
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GSK application for myelofibrosis drug accepted by US FDA
Wednesday 17 Aug 2022
(Sharecast News) - The US Food and Drug administration has accepted a new drug application for GlaxoSmithKline's treatment for myelofibrosis patients with anaemia, the company said on Wednesday. Read More
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Plaintiff in GSK Zantac lawsuit pulls suit for now
Wednesday 17 Aug 2022
(Sharecast News) - GlaxoSmithKline said the plaintiff in the first lawsuit over the heartburn drug Zantac to go to trial had agreed to drop his case for now. Read More
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Plus500 interim profits, revenues rise
Wednesday 17 Aug 2022
(Sharecast News) - Online trading platform Plus500 posted a rise in interim profit on Wednesday as it announced a $60.2m share buyback programme. Read More
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Balfour Beatty lifts guidance as HY profits surge
Wednesday 17 Aug 2022
(Sharecast News) - Construction firm Balfour Beatty upgraded full year guidance after interim profits more than doubled and new orders rose 10%. Read More
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Director dealings: ConvaTec non-exec makes £47k purchase
Tuesday 16 Aug 2022
(Sharecast News) - Wound care specialist ConvaTec Group was on the list of director buys on Tuesday, after a board member spent almost £50k in a transaction. Read More
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Wednesday preview: US retail sales, Fed minutes, Balfour Beatty in focus
Tuesday 16 Aug 2022
(Sharecast News) - Financial markets' focus in the middle of the week will revert to the US where the Department of Commerce will release a reading for monthly sales, followed later in the evening by ... Read More
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First Group falls after I Squared says it will not table a firm offer
Tuesday 16 Aug 2022
(Sharecast News) - First Group shares came under strong selling pressure after its private equity suitor had pulled out from its bid. Read More
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Edenville signs deal with mine operator Brahma
Tuesday 16 Aug 2022
(Sharecast News) - Edenville has signed an agreement with Brahma Energies, it announced on Tuesday, to secure production and sales of at least 4,000 tonnes of washed coal per month at its Rukwa Coal P... Read More
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SmartSpace reports solid first-half performance
Tuesday 16 Aug 2022
(Sharecast News) - Workspace management software company SmartSpace said its half-year revenues were expected to be 46% higher year-on-year in a trading update on Tuesday, at £3.6m. Read More
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Harland & Wolff maintains guidance, looks to strong growth
Tuesday 16 Aug 2022
(Sharecast News) - Harland & Wolff maintained its guidance for the current year on Tuesday, having won three material contracts in quick succession, being the first phase of Cory at £8.5m, the second ... Read More
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