Company News
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Eurozone sentiment falls in June
Wednesday 29 Jun 2022
(Sharecast News) - Sentiment across the Eurozone faltered in June, a closely-watched survey showed on Wednesday, as concerns about the economic outlook weighed heavily. Read More
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BT asks UK govt for more time on Huawei ban
Wednesday 29 Jun 2022
(Sharecast News) - BT said it had requested an extension to the UK government's deadline for removing Huawei equipment from its network, after the Chinese company's equipment was banned due to data se... Read More
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Government poised to cap online casino stakes - report
Wednesday 29 Jun 2022
(Sharecast News) - The government is expected to cap maximum stakes for online casinos when it publishes its long-awaited White Paper on gambling, it was reported on Wednesday. Read More
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UK govt 'minded' to approve Meggitt takeover
Wednesday 29 Jun 2022
(Sharecast News) - The UK government has indicated it is likely to accept the £6.3bn takeover of the domestic defence company Meggitt by American industrial outfit Parker Hannifin. Read More
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E&Y fined $100m over US ethics exam cheating
Wednesday 29 Jun 2022
(Sharecast News) - Accounting giant Ernst & Young has been fined a record $100m by US regulators after its audit staff cheated on an ethics exam and misled investigators. Read More
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Profits beat forecasts at H&M
Wednesday 29 Jun 2022
(Sharecast News) - Profits came in ahead of expectations at fashion giant Hennes & Mauritz on Wednesday, as shoppers returned to stores and strong demand saw more clothes sold at full price. Read More
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Ofgem unveils £21bn package to boost electricity networks
Wednesday 29 Jun 2022
(Sharecast News) - Ofgem, the energy regulator, has unveiled a £21bn package to upgrade the UK's regional electricity networks, but insisted that household bills will not rise as a result. Read More
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Berenberg initiates coverage of Just Eat Takeaway at 'sell'
Wednesday 29 Jun 2022
(Sharecast News) - Berenberg initiated coverage of Just Eat Takeaway on Wednesday with a 'sell' rating, saying that near-term trading will remain muted and the Grubhub sale will disappoint, sending sh... Read More
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Whitbread names Domino's Pizza's Dominic Paul as CEO
Wednesday 29 Jun 2022
(Sharecast News) - Premier Inn owner Whitbread named Dominic Paul as its next chief executive officer on Wednesday, succeeding outgoing CEO Alison Brittain. Read More
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McBride secures covenant test waiver
Wednesday 29 Jun 2022
(Sharecast News) - Household goods manufacturer McBride said on Wednesday that its banking group had waived covenant tests scheduled for June until 30 September. Read More
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Mulberry FY profits, revenue rise as it recovers from pandemic
Wednesday 29 Jun 2022
(Sharecast News) - Luxury handbag maker Mulberry reported a jump in full-year profit and revenue on Wednesday, with a strong performance in the UK and China, as it hailed a "strong" recovery from the ... Read More
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Lookers H1 trading continues to be 'strong'
Wednesday 29 Jun 2022
(Sharecast News) - Automotive retailer Lookers said on Wednesday that first-half trading continued to be "strong", with the group now expecting to report interim underlying pre-tax profits of approxim... Read More
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Spire Healthcare signs new four-year contract with Bupa
Wednesday 29 Jun 2022
(Sharecast News) - Independent hospital group Spire Healthcare said on Wednesday that it has signed a new four-year contract with Bupa to provide services to its UK health insurance customers. Read More
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Capita H1 trading in line with expectations
Wednesday 29 Jun 2022
(Sharecast News) - Business process outsourcing and professional services company Capita said on Wednesday that its first-half performance had been in line with expectations, with further revenue grow... Read More
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B&M European Value Q1 sales fall against tough comparator
Wednesday 29 Jun 2022
(Sharecast News) - Variety goods retailer B&M European Value said UK first-quarter like-for-like revenue decline fell 9.1% as "exceptionally high sales" last year during Covid lockdowns distorted comp... Read More
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Big Yellow to acquire Slough site from Segro
Wednesday 29 Jun 2022
(Sharecast News) - Self-storage facilities operator Big Yellow has exchanged contracts to acquire a prime site on Farnham Road in Slough from Segro. Read More
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Moonpig FY EBITDA, adjusted pre-tax profits fall YOY amid revenue slump
Wednesday 29 Jun 2022
(Sharecast News) - Greeting cards and gifts retailer Moonpig said on Wednesday that full-year underlying earnings and adjusted pre-tax profits had slumped in the twelve months ended 31 April. Read More
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Grant Thornton fined £0.7m for Interserve audit failings
Wednesday 29 Jun 2022
(Sharecast News) - Grant Thornton has been fined more than £718,000 by Britain's accounting regulator for failings in its audit of collapsed government outsourcer Interserve, which fell into administr... Read More
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SSP outlook cautious as latest-week sales run at 50% of 2019
Wednesday 29 Jun 2022
(Sharecast News) - Food travel outlet owner SSP Group on Wednesday said sales in the latest week were half of pre-pandemic levels, as it remained cautious on the pace of the recovery. Read More
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Ferguson FY profit rises as US house market recovers
Wednesday 29 Jun 2022
(Sharecast News) - Plumbing and heating products supplier Ferguson on Tuesday posted a rise in annual profits and warned that it also expected a tapering in the second half of the current year on toug... Read More
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