Company News
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Ocado buys US robot startup for €10.2m
Monday 23 May 2022
(Sharecast News) - Ocado Group on Monday said it was buying US robotics startup Myrmex for €10.2m (£8m). Read More
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JPMorgan boosts 2022 earnings forecast
Monday 23 May 2022
(Sharecast News) - JPMorgan Chase boosted its 2022 profit guidance on Monday, on expectations it will benefit from higher interest rates. Read More
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Tavistock agrees to acquire asset research firm Hummingbird
Monday 23 May 2022
(Sharecast News) - Tavistock Investments has agreed to acquire the entire issued share capital of LEBC Hummingbird, it announced on Monday, for £3m in cash. Read More
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Quantum Blockchain surges on crypto mining progress
Monday 23 May 2022
(Sharecast News) - Quantum Blockchain Technologies updated the market on the current progress of its bitcoin mining research and development on Monday, reporting that it has moved from simulation test... Read More
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THG founder would back £3bn takeover bid - report
Monday 23 May 2022
(Sharecast News) - Matt Moulding, the billionaire co-founder of THG, would be prepared to take his online beauty company private for £3bn, according to media reports. Read More
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MP Evans rises on lifting of Indonesian palm oil export ban
Monday 23 May 2022
(Sharecast News) - Palm oil producer MP Evans confirmed on Monday that the Indonesian government has announced plans to remove its palm oil export ban from 23 May. Read More
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Life Science REIT pleased with performance since IPO
Monday 23 May 2022
(Sharecast News) - Life Science REIT reported a portfolio value of £192.2m at the end of 2021 in its results on Monday, including a revaluation gain of £14.5m. Read More
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CentralNic reports solid first quarter growth
Monday 23 May 2022
(Sharecast News) - Online service provider CentralNic reported an improvement in both revenue and adjusted EBITDA in the March quarter on Monday, driven by a combination of acquisitions and underlying... Read More
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Gazprom Energy mulling name change - report
Monday 23 May 2022
(Sharecast News) - Gazprom Energy is considering rebranding, it was reported on Monday, as it looks to distance itself from its state-owned parent. Read More
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Spirax-Sarco considering closure of loss-making French facility
Monday 23 May 2022
(Sharecast News) - Spirax-Sarco Engineering said on Monday that it considering closing its loss-making Chromalox manufacturing facility in Soissons, France. Read More
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Kingfisher holds guidance after Q1 sales fall, but says demand continuing
Monday 23 May 2022
(Sharecast News) - B&Q owner Kingfisher reiterated annual guidance as it reported a fall in first-quarter sales and announced a £300m share buyback. Read More
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EnQuest on track to deliver against FY targets
Monday 23 May 2022
(Sharecast News) - Exploration and production company EnQuest said on Monday that it remained on track to deliver against its full-year targets thanks to a "strong" performance at Kraken, with the FPS... Read More
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KPMG faces fine over Rolls-Royce audit - report
Monday 23 May 2022
(Sharecast News) - Scandal-hit auditing firm KPMG is reportedly about to be slapped with a another fine over the quality of its past work on Rolls-Royce. Read More
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Judges Scientific buys Geotek in biggest acquisition yet
Monday 23 May 2022
(Sharecast News) - Scientific instrument-focussed investor Judges Scientific has acquired Geotek Holding and Geotek Coring, it announced on Monday, which develops and manufactures instruments used to ... Read More
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Siemens Energy launches EUR 4bn bid for ailing Gamesa
Monday 23 May 2022
(Sharecast News) - Siemens Energy announced a €4.05bn (£3.43bn) bid for the rest of Siemens Gamesa over the weekend, as the ailing wind turbine engineer faced mounting issues with its operations... Read More
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Harland & Wolff widens revenue expectations on cautious outlook
Monday 23 May 2022
(Sharecast News) - Shipyard and maritime engineer Harland & Wolff reported revenue of £18.5m for the 17 months ended 31 December in its annual results on Monday, compared to £1.48m in the year through... Read More
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Kainos FY revenues surge amid 'robust' underlying market conditions
Monday 23 May 2022
(Sharecast News) - IT provider Kainos reported growth in both revenues and adjusted pre-tax profits on Monday amid "robust" underlying market demand and high levels of customer engagement throughout t... Read More
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Ince FY revenues seen 'slightly' lower YOY, pre-tax profits to fall short of expectations
Monday 23 May 2022
(Sharecast News) - Shares in legal and professional services outfit Ince slumped early on Monday after the group revealed full-year revenues had come in "slightly" lower year-on-year following "a chal... Read More
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Moonpig to buy Smartbox for £124m
Monday 23 May 2022
(Sharecast News) - Shares in online greetings card retailer Moonpig surged early on Monday after the firm announced the proposed acquisition of Smartbox Group for £124.0m in cash as part of an effort ... Read More
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Ted Baker picks preferred bidder as Sycamore withdraws
Monday 23 May 2022
(Sharecast News) - UK fashion retailer Ted Baker on Monday said it had selected an unnamed preferred bidder after receiving a number of revised takeover proposals, adding that private equity fund Syca... Read More
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