Company News
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Royal Mail managers announce strike dates
Tuesday 05 Jul 2022
(Sharecast News) - Royal Mail managers are to start industrial action later this month in a row over jobs and pay, it was confirmed on Tuesday. Read More
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Director dealings: Nanosynth CEO makes share purchase
Tuesday 05 Jul 2022
(Sharecast News) - Nanosynth revealed on Tuesday that chief executive Mark Duffin had acquired 4.16m ordinary shares in the AIM-listed technology group. Read More
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SAS files for bankruptcy protection in US
Tuesday 05 Jul 2022
(Sharecast News) - Scandinavian carrier SAS has filed for bankruptcy protection in the US after a pilots strike grounded its planes. Read More
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Saga on course to return to profit as travel picks up
Tuesday 05 Jul 2022
(Sharecast News) - Cruises-to-insurance group Saga said it remained on course to turn an annual profit following a strong start to the year. Read More
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Sainsbury's Q1 sales fall 4% as CEO warns pressure on households will rise
Tuesday 05 Jul 2022
(Sharecast News) - UK supermarket chain Sainsbury's said first-quarter underlying sales fell 4% as consumers started to cut back on discretionary spending amid the cost of living crisis. Read More
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Quiz swings to profit as revenues recover from pandemic hit
Tuesday 05 Jul 2022
(Sharecast News) - Fast-fashion retailer Quiz said on Tuesday that it swung back to full-year profit as revenues were boosted by the removal of Covid restrictions. Read More
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Supreme warns on profits amid lighting sales slowdown, shares tank
Tuesday 05 Jul 2022
(Sharecast News) - Supreme shares slid on Tuesday after the company warned on full-year revenue and underlying earnings, citing a slowdown in lighting sales. Read More
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Young & Co sees 'strong trading momentum' carry over into Q1
Tuesday 05 Jul 2022
(Sharecast News) - Pub chain company Young & Co's Brewery said on Tuesday that the "strong trading momentum" achieved in the final quarter of its previous trading year had carried over into the new on... Read More
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Biffa talks with ECP ongoing, takeover deadline extended
Tuesday 05 Jul 2022
(Sharecast News) - Waste management company Biffa said on Tuesday that the UK Takeover Panel has extended the deadline for private equity firm Energy Capital Partners to make a takeover offer as talks... Read More
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B&M names Mike Schmidt as CFO
Tuesday 05 Jul 2022
(Sharecast News) - Variety goods value retailer B&M European Value Retail named Mike Schmidt as its next chief financial officer on Tuesday, succeeding Alex Russo. Read More
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AstraZeneca agrees to acquire TeneoTwo
Tuesday 05 Jul 2022
(Sharecast News) - Drugmaker AstraZeneca has agreed to acquire TeneoTwo and its clinical-stage T-cell engager in a deal worth up to $1.26bn as part of an effort to accelerate the development of the po... Read More
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AO World confirms one credit issuer has cut suppliers' cover
Monday 04 Jul 2022
(Sharecast News) - AO World confirmed on Monday that one of the third-party credit insurers serving some of its suppliers "rebased" its cover with respect to the online electricals retailer in May, to... Read More
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Tuesday preview: UK and euro area services PMIs, RBA rate decision
Monday 04 Jul 2022
(Sharecast News) - All eyes on Tuesday will be on the release of services sector Purchasing Managers' Indices in the UK and euro area covering the month of June. Read More
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Director dealings: Inspecs CEO raises stake
Monday 04 Jul 2022
(Sharecast News) - Inspecs Group revealed on Monday that chief executive officer Robin Totterman had acquired 40,485 ordinary shares in the AIM-listed eyewear designer and manufacturer. Read More
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Deal to buy UK Power Networks collapses after owner hikes price - report
Monday 04 Jul 2022
(Sharecast News) - A £15bn takeover deal to buy UK Power Networks, Britain's largest electricity distributor, has reportedly collapsed after surging inflation sparked a last-minute price rise by its ... Read More
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Regional focus sees sales rebound at Pret A Manger
Monday 04 Jul 2022
(Sharecast News) - Pret A Manger said on Monday it had returned to profitability after the café chain refocused on stores outside of London. Read More
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Mobile Streams signs 'major' NFT contract with Mexican football club
Monday 04 Jul 2022
(Sharecast News) - AIM-listed Mobile Streams said on Monday that it has signed a "major" five-year contract to be the exclusive global producer and provider of non-fungible tokens for Pumas football c... Read More
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Eurozone facing recession as investor morale plummets
Monday 04 Jul 2022
(Sharecast News) - Recession in the Eurozone is now "inevitable", a closely-watched survey suggested on Monday, after war in Ukraine and the growing energy crisis caused investor morale to slump. Read More
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Wizz Air June passenger numbers soar
Monday 04 Jul 2022
(Sharecast News) - Low-cost carrier Wizz Air almost trebled passenger numbers last month as more people resumed travelling as Covid restrictions eased. Read More
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EasyJet COO Peter Bellew resigns
Monday 04 Jul 2022
(Sharecast News) - Easyjet said on Monday that Peter Bellew resigned as chief operating officer on Friday 1 July to pursue other business opportunities. Read More
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