Company News
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Essentra mulls filters sale in shift to components only
Monday 27 Jun 2022
(Sharecast News) - Essentra said it was considering selling its filters business as a first step to becoming a pure-play components business as the company said its results were on track to meet full-... Read More
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Reckitt ups guidance as cold and flu sales rise
Monday 27 Jun 2022
(Sharecast News) - Reckitt Benckiser upgraded its 2021 revenue outlook as sales of cold and flu remedies helped the consumer goods company reported stronger than expected third-quarter trading. Read More
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Amazon to host UK spy agencies' data - report
Monday 27 Jun 2022
(Sharecast News) - The UK's spy agencies have signed a deal with Amazon for the tech giant to host classified material to boost the use of data analytics and artificial intelligence in espionage, acco... Read More
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Summerway to buy medicinal cannabis group Vertigrow
Monday 27 Jun 2022
(Sharecast News) - Summerway Capital has agreed to buy Vertigrow Technology, a medicinal cannabis producer, for £80m to take the business public and expand it. Read More
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Travel Chapter plans float to tap staycation market
Monday 27 Jun 2022
(Sharecast News) - Travel Chapter plans to list its shares on AIM to expand its UK holiday lettings platform as demand for domestic holidays grows during the pandemic. Read More
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Nu-Oil & Gas to take maritime security business public
Monday 27 Jun 2022
(Sharecast News) - Nu-Oil and Gas intends to float on the London Stock Exchange to take the Guardian maritime security business public. Read More
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Diageo reports strong start to the year
Monday 27 Jun 2022
(Sharecast News) - Diageo said it made a strong start to the financial year with sales rising in all regions despite supply chain problems. Read More
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Virgin Money to shut branches in digital push
Monday 27 Jun 2022
(Sharecast News) - Virgin Money said it would close almost one-fifth of its branches and cut office space as customers increasingly move online during the pandemic. Read More
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Softline plans London IPO to raise $400m
Monday 27 Jun 2022
(Sharecast News) - Softline, a digital transformation company, is planning an initial public offering to raise $400m for expansion and acquisitions. Read More
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Go-Ahead loses Southeastern franchise as CFO quits
Monday 27 Jun 2022
(Sharecast News) - Go-Ahead has lost the Southeastern rail franchise, repaid the government £25m owed under the contract and parted company with its finance chief. Read More
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Lego profit surges to a record
Monday 27 Jun 2022
(Sharecast News) - Lego's first-half profit more than doubled to a record as the Danish toymaker emerged as a winner from the Covid-19 crisis. Read More
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Pfizer reports positive results from children's Covid-19 trial
Monday 27 Jun 2022
(Sharecast News) - Pfizer and BioNTech have reported positive results from their trial of a Covid-19 vaccine for children aged 5-12. Read More
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Reckitt Benckiser trading in line with expectations
Monday 27 Jun 2022
(Sharecast News) - Reckitt Benckiser said trading so far in the second half was in line with its expectations after warning in July that demand for cleaning products had peaked. Read More
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French Connection receives takeover approach
Monday 27 Jun 2022
(Sharecast News) - French Connection said it had received a takeover approach after a sharp jump in its share price on Thursday. Read More
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BoE leaves policy unchanged as job fears loom
Monday 27 Jun 2022
(Sharecast News) - The Bank of England said it expected inflation to peak at more than 4% in 2021 but left monetary policy unchanged as the central bank focused on slowing growth and potential job los... Read More
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British Airways halts Gatwick short-haul flights
Monday 27 Jun 2022
(Sharecast News) - British Airways is to suspend almost all its short-haul flights at Gatwick airport after grounding the operation at the start of the pandemic, according to reports. Read More
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Lloyds Bank to lose two senior non-executives
Monday 27 Jun 2022
(Sharecast News) - Lloyds Banking Group has announced the departure of two senior non-executive directors. Read More
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UK public borrowing falls as economy revives
Monday 27 Jun 2022
(Sharecast News) - UK public borrowing fell in August as the economy recovered but higher inflation pushed up the cost of public debt, official figures showed. Read More
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Pimlico Plumbers sold to US group for up to £145m
Monday 27 Jun 2022
(Sharecast News) - Pimlico Plumbers, the upmarket home services business founded by Charlie Mullins from a second-hand van, has been snapped up by Neighborly of the US for as much as £145m, according ... Read More
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Uber on track for first profitable quarter
Monday 27 Jun 2022
(Sharecast News) - Uber said it was on track for its first profitable quarter after burning through billions of dollars for more than a decade. Read More
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