Company News
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Bolt drivers win worker status
Friday 08 Nov 2024
(Sharecast News) - Rideshare firm Bolt's drivers have won their legal claim to be classified as workers, paving the way to both paid holidays and a minimum wage. Read More
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Director dealings: Haleon's Alan Stewart snaps up shares
Friday 08 Nov 2024
(Sharecast News) - Haleon revealed on Friday that non-executive director Alan Stewart had acquired 33,923 ordinary shares in the London-listed consumer healthcare business. Read More
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JLR's Q2 profits hit by aluminium supply problems
Friday 08 Nov 2024
(Sharecast News) - Second-quarter profits at auto giant Jaguar Land Rover fell by a tenth as the Coventry-based manufacturer was hit by aluminium supply constraints, though things are expected to pick... Read More
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Teneo said to be hunting new backers at $2bn valuation
Friday 08 Nov 2024
(Sharecast News) - Advisory firm Teneo - which managed the insolvency of Bulb Energy in 2021 - is reportedly kicking off a hunt for new backers in a process that could value it at about $2bn (£1.5bn). Read More
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Sony lifts sales targets after strong Q2
Friday 08 Nov 2024
(Sharecast News) - Japanese electronics giant Sony has lifted its full-year guidance on the back of strength in its gaming division, after second-quarter profits jumped more than 70%, comfortably beat... Read More
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Vistry warns on profits again, shares tumble
Friday 08 Nov 2024
(Sharecast News) - Vistry tumbled on Thursday as it warned on full-year profits again, cutting its forecast for completions and highlighting issues at its South Division. Read More
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Shares slide as Richemont results fail to sparkle
Friday 08 Nov 2024
(Sharecast News) - Shares in Richemont fell sharply on Friday, after the luxury goods giant missed expectations, weighed down by sluggish Chinese demand. Read More
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CMA calls for shake-up of baby formula market
Friday 08 Nov 2024
(Sharecast News) - UK watchdog the Competition and Markets Authority has called for a shake-up of the baby formula market in an effort to help parents struggling to afford it. Read More
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Scottish Mortgage lowers Nvidia stake
Friday 08 Nov 2024
(Sharecast News) - Investment trust Scottish Mortgage revealed that it has lowered its stake in AI-darling Nvidia on Friday as it warned of unsustainable costs related to the technology's adoption. Read More
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ABC Technologies receives PUSU deadline extension for TI Fluid Systems bid
Friday 08 Nov 2024
(Sharecast News) - Thermal management and fluid handling systems manufacturer TI Fluid Systems said on Friday that the PUSU deadline for ABC Technologies' proposed takeover had been extended to 22 Nov... Read More
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Rightmove tightens guidance, backs UK housing market
Friday 08 Nov 2024
(Sharecast News) - Rightmove tweaked its full-year forecasts on Friday, but remained upbeat about the long-term prospects for the UK housing market. Read More
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Friday preview: US consumer confidence, IAG in focus
Friday 08 Nov 2024
(Sharecast News) - Investors' focus at the end of the week will be on the US consumer and any fresh news out around the incoming US administration's plans. Read More
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Workspace offloads Raynes Park industrial site for £20m
Friday 08 Nov 2024
(Sharecast News) - London-focused office owner and operator Workspace Group has disposed of another non-core asset with the sale of Raynes Park redevelopment site, the Rainbow Industrial Estate. Read More
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Serco loses £165m Australian contract, estimates big hit from NI tax changes
Friday 08 Nov 2024
(Sharecast News) - Public sector-focused outsourcing group Serco issued a double whammy of bad news for investors on Friday, revealing that it has not been reselected for it long-running Australian im... Read More
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AstraZeneca "excited" by positive results in Tezspire clinical trial
Friday 08 Nov 2024
(Sharecast News) - AstraZeneca has announced positive high-level results from a phase III for its Texspire treatment for nasal polyps. Read More
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IAG Q3 revenues beat consensus, company announces 350m euro share buyback
Friday 08 Nov 2024
(Sharecast News) - IAG beat analysts' forecasts for topline growth in the third quarter and delivered strong guidance. Read More
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Oaktree Capital calls on Indivior to refresh board of directors
Thursday 07 Nov 2024
(Sharecast News) - Investment fund Oaktree Capital Management has written to Indivior urging the opioid addiction treatment maker to refresh its board with directors "committed to taking all steps nec... Read More
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Boohoo hits back, accuses Frasers of promoting own 'self-interest'
Thursday 07 Nov 2024
(Sharecast News) - Boohoo hit back at Frasers Group on Thursday, accusing the retail company of promoting its own "self-interest" at the expense of other shareholders. Read More
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Urban Logistics delivers solid first half as rental income rises
Thursday 07 Nov 2024
(Sharecast News) - Warehouse-focused real estate investment trust Urban Logistics has delivered a solid set of results for its first half, during which it refinanced debt facilities and delivered an i... Read More
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Director dealings: ABF non-executive director snaps up shares
Thursday 07 Nov 2024
(Sharecast News) - Associated British Foods revealed on Thursday that non-executive director Loraine Woodhouse had acquired 41,720 ordinary shares in the London-listed food processing and retail compa... Read More
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