Company News
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Barclays outlines plan to buy back $17.6bn in securities sold in error
Monday 25 Jul 2022
(Sharecast News) - UK bank Barclays on Monday outlined plans to buy back up to $17.6bn in securities that it sold by mistake after exceeding registered amounts under US regulations. Read More
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The Gym Group chair Penny Hughes steps down
Monday 25 Jul 2022
(Sharecast News) - The Gym Group said on Monday that chair Penny Hughes plans to retire with immediate effect. Read More
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Union Jack set for maiden profit as Wressle revenue hits $8m
Monday 25 Jul 2022
(Sharecast News) - Union Jack Oil announced on Monday that "material landmark" net revenues of $8m (£6.63m) have been achieved from the Wressle hydrocarbon development within licences PEDL180 and PEDL... Read More
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Strong growth continues in first half at Ebiquity
Monday 25 Jul 2022
(Sharecast News) - Media investment analysis provider Ebiquity said in an update on Monday that it continued its growth trajectory in the first half with revenue of about £37m, up 16% year-on-year. Read More
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Acquisitions drive first-half growth for Venture Life
Monday 25 Jul 2022
(Sharecast News) - Mouthwash and haemorrhoid cream maker Venture Life said in an update on Monday that it expected to report first-half revenue of £18.9m, up 36% year-on-year. Read More
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SIG to buy Miers Construction Products for up to £36.5m
Monday 25 Jul 2022
(Sharecast News) - Building products supplier SIG has agreed to buy Miers Construction Products (MCP) for up to £36.5m. Read More
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Parity upbeat on improvement in net fee income
Monday 25 Jul 2022
(Sharecast News) - Data and technology-focussed recruitment and professional services provider Parity Group said in an update on Monday that its first-half net fee income was expected to be up to 9% h... Read More
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Dekel makes final drawdown from seven-year bond facility
Monday 25 Jul 2022
(Sharecast News) - West Africa-focussed agriculture company Dekel Agri-Vision announced the completion of an oversubscribed final drawdown of €9.2m (£7.81m) from the €15.2m seven-year bond... Read More
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Aldi staff to get second pay rise this year as inflation bites
Monday 25 Jul 2022
(Sharecast News) - German discount retailer Aldi on Monday said it was giving its UK staff a second pay rise since the start of the year as inflation continued to spiral. Read More
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Science Group confident after 'record' first half
Monday 25 Jul 2022
(Sharecast News) - Science Group reported "record" first half results on Monday, slightly ahead of the board's expectations, with revenue rising 10% to £44.8m. Read More
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Lufthansa ground staff to stage 'warning strike' on Wednesday
Monday 25 Jul 2022
(Sharecast News) - Ground handling staff at Lufthansa are set to stage a "warning strike" on Wednesday across all of the airline's locations, as disagreements between around 20,000 workers and the Ger... Read More
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CMA to review Viasat takeover of Inmarsat
Monday 25 Jul 2022
(Sharecast News) - The UK's Competition and Markets Authority said on Monday that it has launched an investigation into Viasat's £6bn takeover of Inmarsat. Read More
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KPMG slapped with £14.4m fine over Carillion audit
Monday 25 Jul 2022
(Sharecast News) - KPMG has been slapped with its largest-ever UK fine for providing "false and misleading" information to the accounting watchdog during inspections of its audits of collapsed outsour... Read More
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Begbies Traynor to acquire London-based brokerage Mantra Capital
Monday 25 Jul 2022
(Sharecast News) - Corporate restructuring specialist Begbies Traynor has agreed to acquire London-based property finance brokerage Mantra Capital and its Axiom Consulting & Investments and Ellayaan s... Read More
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Crimson Tide wins 'significant' new long-term contract win
Monday 25 Jul 2022
(Sharecast News) - Software company Crimson Tide has won a "significant new long-term contract win" with a national supplier in the utilities sector. Read More
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France's Eutelsat in merger talks with UK's OneWeb
Monday 25 Jul 2022
(Sharecast News) - France's Eutelsat Communications confirmed on Monday that it has engaged in merger talks with UK rival OneWeb. Read More
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Philips slashes guidance as China lockdowns hit Q2 sales
Monday 25 Jul 2022
(Sharecast News) - Dutch technology conglomerate Philips reported a 7% fall in comparable group sales in its second quarter on Monday, to €4.2bn (£3.57bn), mainly caused by continued supply shor... Read More
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7digital inks long-term contract with B2B music fintech
Monday 25 Jul 2022
(Sharecast News) - Digital music solutions group 7digital said on Monday that it has inked a long-term contract with business-to-business music fintech company Utopia Music. Read More
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Serica board rejects revised offer from Kistos
Monday 25 Jul 2022
(Sharecast News) - Kistos announced a revised proposal for Serica Energy on Monday, after its first offer was rejected by the Serica board on 1 June. Read More
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Card Factory CFO Kris Lee heading for the exit
Monday 25 Jul 2022
(Sharecast News) - Card Factory said on Monday that chief financial officer Kris Lee has agreed to leave the company following a transition period and will receive £40,000 in compensation for loss of ... Read More
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