Company News
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Citi downgrades Quilter to 'neutral'
Wednesday 20 Jul 2022
(Sharecast News) - Citi has downgraded Quilter, the wealth management firm, after cutting its half-year forecasts. Read More
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Royal Mail Q1 revenues slump 11.5%
Wednesday 20 Jul 2022
(Sharecast News) - Postal service Royal Mail said on Wednesday that revenues had sunk 11.5% year-on-year during the first quarter of its trading year, reflecting weakening retail trends, lower test ki... Read More
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McLaren gets £100m capital injection for new road cars - report
Wednesday 20 Jul 2022
(Sharecast News) - McLaren Group is reportedly close to securing a new funding injection worth more than £100m as it races to bring its latest supercar models into full production. Read More
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Government's auction of Bulb attracts single bid
Wednesday 20 Jul 2022
(Sharecast News) - Downing Street has launched efforts to salvage a deal for collapsed UK energy supplier Bulb after attempts to auction off the company attracted just one bid - from rival Octopus Ene... Read More
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BlackRock to buy Vanguard Renewables
Wednesday 20 Jul 2022
(Sharecast News) - Massachusetts-based organics-to-renewable energy company Vanguard Renewables has agreed to be bought by BlackRock. Read More
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EasyJet shareholders approve Airbus aircraft acquisition
Wednesday 20 Jul 2022
(Sharecast News) - EasyJet shareholders have approved the purchase of 56 Airbus A320neo family aircraft and conversion of 18 A320neo family aircraft to A321neo aircraft. Read More
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Serica Energy upbeat on 2022 progress to date
Wednesday 20 Jul 2022
(Sharecast News) - Upstream oil and gas company Serica Energy said in an update on Wednesday that production performance in 2022 was benefitting from its "significant investment" in the Rhum R3 well r... Read More
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Kin and Carta updates expectations, announces new CEO
Wednesday 20 Jul 2022
(Sharecast News) - Cloud and digital services provider Kin and Carta said in an update on Wednesday that it now expects net revenue of £191m for the financial year about to end, up from £128.9m year-o... Read More
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Alliance Pharma shares slide following challenging H1
Wednesday 20 Jul 2022
(Sharecast News) - Healthcare outfit Alliance Pharma reiterated full-year guidance on Wednesday as it said challenges faced in the first half were expected to ease in the second. Read More
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Costain backs FY guidance as H1 revenues surpass expectations
Wednesday 20 Jul 2022
(Sharecast News) - Costain backed its full-year expectations on Wednesday as it hailed a good performance in the first half, with revenue ahead of market expectations. Read More
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EU to ask countries to cut gas demand - report
Wednesday 20 Jul 2022
(Sharecast News) - Brussels is drawing up emergency plans to cut gas use, it was reported on Wednesday, on fears countries could be left struggling for fuel if Russia halts supplies this winter. Read More
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Centamin reaffirms guidance after solid second quarter
Wednesday 20 Jul 2022
(Sharecast News) - Centamin said it was on track to meet its 2022 production guidance in an update on Wednesday, with second-quarter gold production rising 11% year-on-year to 110,788 ounces. Read More
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Hochschild set to meet full-year production, cost guidance
Wednesday 20 Jul 2022
(Sharecast News) - Hochschild Mining reported second quarter attributable production of 49,133 ounces of gold and 2.6 million ounces of silver in an update on Wednesday. Read More
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Petershill reports $36bn in gross fee-paying inflows
Wednesday 20 Jul 2022
(Sharecast News) - Petershill Partners reported gross fee-paying assets under management inflows of $36bn in a half-year update on Wednesday, as its left its full-year guidance unchanged. Read More
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Netflix loses 1 million subscribers in Q2
Wednesday 20 Jul 2022
(Sharecast News) - Subscriber numbers at the streaming giant Netflix continued to fall in the second quarter, though the loss was less than expected. Read More
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TRIG acquires a further 2.4% equity interest in Hornsea One
Wednesday 20 Jul 2022
(Sharecast News) - Investment company the Renewables Infrastructure Group has acquired a further 2.4% equity interest in the Hornsea One offshore wind farm, located off the coast of northeast England. Read More
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Pendragon delivers 'another strong performance' in H1
Wednesday 20 Jul 2022
(Sharecast News) - Automotive retailer Pendragon delivered "another strong performance" in the first half of 2022, with the group now expecting to report interim underlying pre-tax profits of roughly ... Read More
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Morses Club considers scheme of arrangement to settle redress claims
Wednesday 20 Jul 2022
(Sharecast News) - Subprime lender Morses Club said on Wednesday that it was considering using a scheme of arrangement to deal with the rising number of customer redress claims for unaffordable lendin... Read More
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Antofagasta lowers FY copper guidance
Wednesday 20 Jul 2022
(Sharecast News) - Mining giant Antofagasta lowered full-year copper guidance on Wednesday after Q2 production levels dropped and costs increased as a result of a drought in Chile, the temporary shutt... Read More
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Premier Foods backs FY expectations as Q1 sales rise
Wednesday 20 Jul 2022
(Sharecast News) - Mr Kipling and Oxo owner Premier Foods said on Wednesday that it was firmly on track to meet full-year expectations as it posted a jump in first-quarter revenues. Read More
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