Company News
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Kefi Gold denies it has lost key licence
Monday 27 Jun 2022
(Sharecast News) - Kefi Gold and Copper has dismissed media reports claiming it has lost its Tulu Kapi licence in western Ethiopia. Read More
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Evergrande faces winding up petition in Hong Kong
Monday 27 Jun 2022
(Sharecast News) - A winding up petition has been filed against China Evergrande Group, the embattled Chinese property developer. Read More
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M&S lifts guidance again as interims beat expectations
Monday 27 Jun 2022
(Sharecast News) - Food and clothing retailer Marks & Spencer lifted annual guidance for the second time in three months as interim earnings rose above pre-pandemic levels. Read More
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M&S blames Brexit for French store closures
Monday 27 Jun 2022
(Sharecast News) - Marks & Spencer has blamed Brexit for its decision to close 11 high street food stores in France and leave many Parisians without their favourite sandwiches. Read More
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Cake Box full-year profits, revenue surge
Monday 27 Jun 2022
(Sharecast News) - Specialist cream cakes retailer Cake Box posted a jump in full-year profit and revenue on Monday despite an increasingly challenging environment. Read More
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CareTech to be taken over in £870m deal
Monday 27 Jun 2022
(Sharecast News) - AIM-listed residential social care provider CareTech said on Monday that it has agreed to be taken over by a consortium led by its co-founders for £870.3m. Read More
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Retail footfall hit by rail strikes
Monday 27 Jun 2022
(Sharecast News) - Retail footfall fell last week, industry data showed on Monday, hit by the widespread travel disruption. Read More
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UK at risk of recession - KPMG
Monday 27 Jun 2022
(Sharecast News) - The UK faces potential recession, a report warned on Monday, as surging inflation and the cost-of-living crisis dent consumer spending. Read More
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Biffa delays release of full-year results
Monday 27 Jun 2022
(Sharecast News) - Biffa has delayed the release of its full-year results after auditor Deloitte requested additional time to complete audit procedures in relation to the waste management company's on... Read More
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Hyve revenues boosted by faster-than-expected in-person event recovery
Monday 27 Jun 2022
(Sharecast News) - Global events business Hyve Group said on Monday that the pace of in-person event recovery was "considerably ahead" of anticipated levels, resulting in interim revenues coming in ah... Read More
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FCA investigates Wise CEO after tax default
Monday 27 Jun 2022
(Sharecast News) - Wise said on Monday that the Financial Conduct Authority has opened an investigation into its co-founder chief executive, Kristo Kaarmann, after he was fined by HMRC for deliberatel... Read More
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Begbies Traynor acquires chartered surveyors Budworth Hardcastle
Monday 27 Jun 2022
(Sharecast News) - Corporate restructuring specialist Begbies Traynor has acquired chartered surveyors Budworth Hardcastle as part of a deal that values the firm at as much as £2.4m. Read More
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PZ Cussons sees group revenue growth of 3%
Monday 27 Jun 2022
(Sharecast News) - UK consumer goods and healthcare company PZ Cussons said it expected annual group revenue of around £590m with like-for-like growth of 3%. Read More
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AstraZeneca's breast cancer drug recommended for EU marketing authorisation
Monday 27 Jun 2022
(Sharecast News) - Drugmaker AstraZeneca said on Monday that Lynparza, its HER2-negative high-risk early breast cancer drug, has been recommended for marketing authorisation in the European Union afte... Read More
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Carnival's occupancy and bookings continue to recover
Friday 24 Jun 2022
(Sharecast News) - Carnival's cash from operations moved back into the black over the second quarter, as sales grew by almost half sequentially and the cruiseline operator recorded its best booking vo... Read More
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Director dealings: Energean CEO sells 5m shares to institutional investors
Friday 24 Jun 2022
(Sharecast News) - Energean found itself on both sides of the ledger on Friday, after it disclosed transactions linked to both its chief executive officer and its chair. Read More
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Permira, H&F to buy Zendesk in $10.2bn deal
Friday 24 Jun 2022
(Sharecast News) - Zendesk said on Friday that it has agreed to be bought by an investor group led by private equity firms Permira and Hellman & Friedman in a $10.2bn all-cash deal, sending shares in ... Read More
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Indivior settles patent litigation with Dr. Reddy's
Friday 24 Jun 2022
(Sharecast News) - Opioid addiction treatment maker Indivior has settled a patent infringement case with generic drug maker Dr. Reddy's Laboratories. Read More
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Foresight forestry fund raises another £45m
Friday 24 Jun 2022
(Sharecast News) - Infrastructure and private equity manager Foresight Group announced on Friday that Foresight Sustainable Forestry Company (FSF) has successfully completed its placing and offer for... Read More
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4D Pharma requests immediate suspension of its shares
Friday 24 Jun 2022
(Sharecast News) - Biotherapeutics developer 4D Pharma requested an immediate suspension of trading in its shares on Friday. Read More
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