Company News
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Ben & Jerry's sues Unilever over ending of West Bank boycott
Wednesday 06 Jul 2022
(Sharecast News) - Ice-cream brand Ben & Jerry's is suing parent company Unilever for ending its boycott of occupied Palestinian territories, saying the decision conflicted with its "core values". Read More
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CMA launches probe into Microsoft's acquisition of Activision Blizzard
Wednesday 06 Jul 2022
(Sharecast News) - The UK's Competition and Markets Authority said on Wednesday that it was launching an investigation into Microsoft's $69bn acquisition of Activision Blizzard. Read More
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UK regulator to probe Amazon marketplace practices
Wednesday 06 Jul 2022
(Sharecast News) - Britain's competition watchdog has started an investigation into whether US online giant Amazon has been giving its own sellers an unfair advantage over third-party rivals on its ma... Read More
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Sirius Real Estate trading in line with expectations
Wednesday 06 Jul 2022
(Sharecast News) - Sirius Real Estate said on Wednesday that it continues to trade in line with expectations. Read More
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Abrdn rallies as it announces £300m share buyback
Wednesday 06 Jul 2022
(Sharecast News) - Asset manager Abrdn rallied on Wednesday after it announced a £300m share buyback programme as it looks to return excess capital to shareholders. Read More
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M&A helps boost Numis Q3 revenues
Wednesday 06 Jul 2022
(Sharecast News) - Investment bank Numis reported a rise in third-quarter revenue driven by a strong mergers and acquisitions environment. Read More
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Ten Entertainment lifts guidance as demand surges
Wednesday 06 Jul 2022
(Sharecast News) - Bowling and entertainment centre operator Ten Entertainment raised annual guidance as first-half sales growth had exceeded pre-pandemic levels. Read More
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UK construction sector growth weakest since September 2021
Wednesday 06 Jul 2022
(Sharecast News) - Growth in the UK construction sector slowed in June to its weakest rate since September last year, with housing activity down for the first time in more than two years amid worries ... Read More
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US hedge fund Citadel takes 5% stake in Boohoo
Wednesday 06 Jul 2022
(Sharecast News) - Boohoo shares rallied on Wednesday as it emerged that US hedge fund Citadel had taken a 5.04% stake in the fast-fashion retailer. Read More
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Intermediate Capital in talks to buy Wembley Arena - report
Wednesday 06 Jul 2022
(Sharecast News) - FTSE 100 fund manager Intermediate Capital is reportedly in exclusive talks to buy Wembley Arena after the venue's owner put it up for sale to focus on its build-to-rent business. Read More
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Topps Tiles third quarter in line with expectations, sales rise
Wednesday 06 Jul 2022
(Sharecast News) - Topps Tiles posted a rise in third-quarter sales on Wednesday, with trading in line with the group's expectations. Read More
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AO World announces £40m capital raise to bolster balance sheet
Wednesday 06 Jul 2022
(Sharecast News) - Online electricals retailer AO World has announced plans to raise around £40m through a share placing and primary bid offer to strengthen its balance sheet, increase liquidity back ... Read More
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Amazon takes stake in Just Eat Takeaway's Grubhub
Wednesday 06 Jul 2022
(Sharecast News) - Amazon has agreed to take a 2% stake in Just Eat Takeaway's Grubhub delivery business in a new deal that will see Amazon Prime members receive free food deliveries. Read More
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Robert Walters sees FY profits 'slightly ahead' of market expectations
Wednesday 06 Jul 2022
(Sharecast News) - Recruiter Robert Walters said on Wednesday that full-year profit was set to be slightly ahead of current market expectations following a continued strong performance. Read More
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German factory orders unexpectedly rise in May
Wednesday 06 Jul 2022
(Sharecast News) - German factory orders unexpectedly rose in May, according to figures released on Wednesday by Destatis. Read More
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Redde Northgate FY profits rise amid strong demand
Wednesday 06 Jul 2022
(Sharecast News) - Commercial vehicle rental provider Redde Northgate reported a rise in full-year profit and revenue on Wednesday amid strong customer demand. Read More
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Assura acquires 17 properties in Q1, sees NHS opportunities
Wednesday 06 Jul 2022
(Sharecast News) - Primary care property investor Assura said it had acquired 17 properties during its fiscal first quarter for £110m. Read More
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Coats buys Texon International for $237m
Wednesday 06 Jul 2022
(Sharecast News) - Industrial thread maker Coats said it had bought footwear parts manufacturer Texon International Group for an enterprise value of $237m. Read More
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Wednesday preview: Fed meeting minutes, US services PMI in focus
Tuesday 05 Jul 2022
(Sharecast News) - All eyes on Wednesday will be on the minutes of the US central bank's last policy meeting and any information that can be gleaned from them regarding the outlook for monetary policy... Read More
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British Airways to axe more flights
Tuesday 05 Jul 2022
(Sharecast News) - British Airways is to cancel a further 1,500 flights this summer as it battles the ongoing travel chaos plaguing the aviation sector. Read More
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