Company News
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Melrose Industries announces £500m buyback, shares surge
Wednesday 08 Jun 2022
(Sharecast News) - Melrose Industries surged on Wednesday after the GKN owner announced the launch of a £500m share buyback following the agreed sale of its US division. Read More
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WH Smith names Annette Court as chair designate
Wednesday 08 Jun 2022
(Sharecast News) - Retailer WH Smith named Annette Court as a non-executive director and chair designate on Wednesday, succeeding outgoing chairman Henry Staunton. Read More
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Workspace FY trading profits grow amid strong demand
Wednesday 08 Jun 2022
(Sharecast News) - Flexible office space provider Workspace Group said on Wednesday that full-year trading profit after interest was up 21% in the twelve months ended 31 March to £46.9m, driven by a 6... Read More
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Aveva swings to FY loss despite 'solid' revenue growth
Wednesday 08 Jun 2022
(Sharecast News) - Information technology consultancy Aveva delivered "solid" full-year results on Wednesday, with annual recurring revenues up 10.2% at £768.7m and statutory group revenues up 44.5% y... Read More
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Wednesday preview: Reserve Bank of India, Wizz Air Holdings in focus
Tuesday 07 Jun 2022
(Sharecast News) - The market spotlight in the middle of the week may fall on the Reserve bank of India as rate-setters in New Delhi meet to decide on policy. Read More
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Director dealings: Kingspan non-exec buys EUR 0.15m of shares
Tuesday 07 Jun 2022
(Sharecast News) - Kingspan Group was at the top of the list of buys on Tuesday, after it disclosed a purchase worth more than €0.15m made by a non-executive director. Read More
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Pearson sells Courseware businesses in Italy, Germany for £163m
Tuesday 07 Jun 2022
(Sharecast News) - Education publisher Pearson said it had sold its local K12 Courseware businesses in Italy and Germany to Sanoma Corporation for £163m. Read More
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Corcel expands Dempster focus to include nickel exploration
Tuesday 07 Jun 2022
(Sharecast News) - Natural resource explorer and developer Corcel announced on Tuesday that it has now, subject to minority investor approval, expanded the focus of the Dempster vanadium project in wh... Read More
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Atlantic Lithium reports positive test-work results from Ewoyaa
Tuesday 07 Jun 2022
(Sharecast News) - Africa-focussed explorer and developer Atlantic Lithium announced positive metallurgical test-work results in support of the pre-feasibility study underway for the Ewoyaa lithium pr... Read More
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Challenger Energy to focus on existing wells for rest of 2022
Tuesday 07 Jun 2022
(Sharecast News) - Challenger Energy updated the market on the work programme for its assets in Trinidad and Tobago and Suriname on Tuesday, confirming that its focus in Trinidad and Tobago was to del... Read More
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Libertine awarded £0.42m red diesel replacement grant
Tuesday 07 Jun 2022
(Sharecast News) - Linear generator technology developer Libertine Holdings has been awarded £0.42m in grant funding by the Department for Business, Energy and Industrial Strategy (BEIS), it announced... Read More
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Haydale revenue set to beat full-year expectations
Tuesday 07 Jun 2022
(Sharecast News) - Advanced materials group Haydale Graphene updated the market on its trading ahead of its financial year-end on Tuesday, saying it anticipated announcing revenue ahead of market expe... Read More
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Karelian upbeat on latest geophysical work in Finland
Tuesday 07 Jun 2022
(Sharecast News) - Karelian Diamond Resources announced on Tuesday that the geophysical interpretation of drone-based aeromagnetic data had identified 23 kimberlite targets up-ice of the green diamond... Read More
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Gooch & Housego optimistic after revenue, profit slips
Tuesday 07 Jun 2022
(Sharecast News) - Optical components and systems manufacturer Gooch & Housego reported a record order book at the half-year point on Tuesday, rising 29.2% year-on-year to £119.9m. Read More
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Petropavlovsk tumbles as it struggles to find way forward
Tuesday 07 Jun 2022
(Sharecast News) - Russia-focussed gold miner Petropavlovsk was tumbling on Tuesday, after it announced that, as a result of its financial situation, it had been unable to complete the audit of its an... Read More
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Online car retailer Cazoo to slash 750 jobs
Tuesday 07 Jun 2022
(Sharecast News) - Online car retailer Cazoo cited rising inflation and interest rates and supply chain issues on Tuesday as it said it was slashing 15% of its workforce as part of a £200m cost-cuttin... Read More
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Helios Towers finds 30pc partner for Oman acquisition
Tuesday 07 Jun 2022
(Sharecast News) - Mobile communications infrastructure investor Helios Towers announced on Tuesday that it has entered into an agreement under which Rakiza Telecommunication Infrastructure, a wholly ... Read More
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Jane Street files suit over LME nickel trading crisis
Tuesday 07 Jun 2022
(Sharecast News) - Another US financial conglomerate has sued the London Metal Exchange over the nickel trading crisis, it emerged on Tuesday, with Jane Street making the latest legal claim against th... Read More
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UK service sector under pressure as inflation surges
Tuesday 07 Jun 2022
(Sharecast News) - UK business growth slowed sharply in May, a closely-watched survey showed on Tuesday, as surging inflation hit home. Read More
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National Express expects profitability to lag recovery in revenues
Tuesday 07 Jun 2022
(Sharecast News) - National Express reinstated its short-term guidance following the improvement seen in various of its end markets, but said that short-term profitability would lag sales growth. Read More
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