Company News
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THG, SoftBank call off investment deal
Tuesday 26 Jul 2022
(Sharecast News) - THG was under the cosh on Tuesday after the ecommerce group said that it and SoftBank have called off a long-standing agreement for the Japanese conglomerate to buy a stake in the c... Read More
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Dotdigital profits set to exceed full-year expectations
Tuesday 26 Jul 2022
(Sharecast News) - Marketing automation and customer engagement software company Dotdigital said in an update on Tuesday that revenue for the year just ended was at the top end of the range it gave at... Read More
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Enlarged Craneware reports surge in full-year revenue
Tuesday 26 Jul 2022
(Sharecast News) - Healthcare technology company Craneware said in a trading update on Tuesday that group headline revenues were ahead 119% year-on-year for the financial year just ended, to $165.5m. Read More
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Uniphar ends first half in line with expectations
Tuesday 26 Jul 2022
(Sharecast News) - Healthcare services company Uniphar said in an update on Tuesday that it performed in line with its expectations in the first half, at both a gross profit and EBITDA level, while de... Read More
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McDonald's posts earnings beat despite Russia exit impact
Tuesday 26 Jul 2022
(Sharecast News) - McDonald's beat estimates with its second-quarter earnings on Tuesday, boosted by increased prices and a focus on value items, though its net sales fell short thanks to Russia's ong... Read More
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Watchdog orders Monzo to comply with banking rules
Tuesday 26 Jul 2022
(Sharecast News) - The Competition and Markets Authority has ordered digital bank Monzo to review the way it informs departing customers of their historic financial transactions. Read More
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Coca-Cola lifts full-year revenue guidance
Tuesday 26 Jul 2022
(Sharecast News) - Coca-Cola lifted its full-year revenue guidance on Tuesday as it posted a rise in second-quarter revenues. Read More
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Supply chain issues dent Q2 profits at General Motors
Tuesday 26 Jul 2022
(Sharecast News) - General Motors reported a decline in second-quarter profits on Tuesday as the car maker was hit by supply chain disruptions, particularly in June. Read More
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Daily Mirror publisher Reach posts drop in H1 profits amid cost pressures
Tuesday 26 Jul 2022
(Sharecast News) - Reach tumbled on Tuesday after the newspaper and magazine publisher posted a drop in first-half profits and revenues amid cost pressures and warned that digital growth would remain ... Read More
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UBS falls short in 'uncertain' second quarter
Tuesday 26 Jul 2022
(Sharecast News) - UBS reported a disappointing second quarter on Tuesday, with a souring economic outlook hurting its wealth management and investment banking and resulting in earnings coming in shor... Read More
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Oxford Biomedica inks LSA with US biotech firm, launches new project with Orchard Therapeutics
Tuesday 26 Jul 2022
(Sharecast News) - Gene and cell therapy group Oxford Biomedica inked a new licence and supply agreement with an unnamed US private biotechnology on Tuesday company and also launched a new project wit... Read More
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Sabre Insurance expecting recovery after first-half profits fall
Tuesday 26 Jul 2022
(Sharecast News) - Sabre Insurance announced an interim dividend of 2.8p per share on Tuesday, down from 3.7p a year ago but in line with its policy, after reporting a strong balance sheet and a fall ... Read More
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Wickes shares tumble as retailer lowers FY guidance
Tuesday 26 Jul 2022
(Sharecast News) - Shares in home improvement retailer Wickes were sharply lower early on Tuesday after the group downgraded full-year profit guidance and said it remained "watchful" of current macroe... Read More
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Heathrow sees better punctuality after passenger cap
Tuesday 26 Jul 2022
(Sharecast News) - UK airport Heathrow said punctuality and baggage handling had improved after imposing a cap on flight numbers due to weeks of travel chaos, but warned that a shortage of ground hand... Read More
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Shoe Zone lifts profits guidance again
Tuesday 26 Jul 2022
(Sharecast News) - Shoe Zone lifted annual guidance for the second time after reporting trading has been better than expected since it issued its most recent update in June. Read More
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Bridgepoint turns out solid first-half performance
Tuesday 26 Jul 2022
(Sharecast News) - Bridgepoint reported a rise in both revenue and underlying EBITDA in its first half on Tuesday, of 15% to £140.1m and 17% to £61.8m year-on-year, respectively. Read More
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Games Workshop FY profits rise despite heavy Brexit costs
Tuesday 26 Jul 2022
(Sharecast News) - Warhammer maker Games Workshop reported a rise in annual profits despite a surge in Brexit-related costs. Read More
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France's Eutelsat to merge with UK rival OneWeb
Tuesday 26 Jul 2022
(Sharecast News) - French satellite company Eutelsat Communications said on Tuesday that it has agreed an all-share merger with UK rival OneWeb to create "a leading global player in connectivity". Read More
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Unilever lifts FY guidance as first-half sales rise
Tuesday 26 Jul 2022
(Sharecast News) - Consumer goods giant Unilever reported a jump in first-half underlying sales on Tuesday after raising prices to tackle higher costs, as it lifted its sales growth guidance for the y... Read More
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Mitie Q1 trading 'strong', revenues grow
Tuesday 26 Jul 2022
(Sharecast News) - Facilities management outfit Mitie said on Tuesday that Q1 trading had been "strong", with the group witnessing continued good momentum throughout the period. Read More
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