Company News
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UK lenders 'paid car dealers' up front in pricier loan deals - report
Friday 21 Feb 2025
(Sharecast News) - UK lenders paid "advance commissions" to car dealers that may have encouraged them to push costlier loans on to consumers, the Guardian reported, citing legal filings linked to the ... Read More
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ADM Energy gets emergency loan as CEO resigns
Friday 21 Feb 2025
(Sharecast News) - ADM Energy has announced the abrupt resignation of its boss Stefan Olivier as the West Africa-focused oil group continues to face a financial crunch, with just £20,000 of cash left ... Read More
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StanChart in $1.5bn buyback as annual earnings rise
Friday 21 Feb 2025
(Sharecast News) - Asia-focused bank Standard Chartered said it would hand back $1.5bn to shareholders after a rise in annual earnings driven by its pursuit of wealthy customers, although it warned th... Read More
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Proteome secures $1m-plus contract with US biopharma firm
Friday 21 Feb 2025
(Sharecast News) - Proteome Sciences announced on Friday that it has secured a contract worth over $1m from a US biopharmaceutical company for the use of its mass spectrometry services in an ongoing c... Read More
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Sale of surplus ECR Minerals land now unconditional
Friday 21 Feb 2025
(Sharecast News) - ECR Minerals confirmed on Friday that the sale of its surplus land at Brewing Lane in Victoria, Australia, for AUD 225,000 (£113,690) was now unconditional. Read More
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Hong Kong's CKI makes £7bn bid for majority stake in Thames Water - report
Friday 21 Feb 2025
(Sharecast News) - Hong Kong's CK Infrastructure has reportedly made a preliminary £7bn bid to take a majority stake in Thames Water, while indicating that it would require the company's bondholders t... Read More
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UnitedHealth shares drop as DOJ launches Medicare pricing probe
Friday 21 Feb 2025
(Sharecast News) - Shares in American insurance group UnitedHealth tanked on Friday after the news that the Department of Justice has launched an official probe into its Medicare billing practices. Read More
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Tern raises £0.22m to fund commitment to SVV2 fund
Friday 21 Feb 2025
(Sharecast News) - Tern announced on Friday that it has raised £0.22m through a placing of 19,230,769 new shares at 1.15p each, representing a 9.8% discount to the closing price on 20 February. Read More
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Guardian Metal Resources reports high-grade gold results from Golconda
Friday 21 Feb 2025
(Sharecast News) - Guardian Metal Resources reported high-grade gold results from trenching at its 100%-owned Golconda Summit Project in Nevada on Friday, confirming and extending mineralisation at th... Read More
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GSK seen as potential target for activist investors
Friday 21 Feb 2025
(Sharecast News) - Drugmaker GSK has been tapped as a potential target for activist investors, according to Bloomberg, which noted that shares had fallen roughly 19% since spinning off its consumer he... Read More
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Savannah Resources to restart drilling at Barroso
Friday 21 Feb 2025
(Sharecast News) - Savannah Resources confirmed on Friday that it will immediately restart fieldwork and drilling at its Barroso Lithium Project in Portugal, following a decision by the Portuguese Sta... Read More
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Litigation Capital Management shares down after Aussie court judgement
Friday 21 Feb 2025
(Sharecast News) - Litigation Capital Management announced on Friday that the Federal Court of Australia has delivered its judgement in a class action funded by the company on behalf of shareholders i... Read More
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Time Out reports first-half revenue decline
Friday 21 Feb 2025
(Sharecast News) - Time Out Group reported a 3% decline in revenue to £50.9m for the six months ended 31 December on Friday, compared to £52.5m in the prior year. Read More
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Air Liquide lifts margin guidance after "solid" 2024
Friday 21 Feb 2025
(Sharecast News) - French industrial gases giant Air Liquide impressed investors with its full-year results with record margin improvements driving annual profits higher as the company lifted its shor... Read More
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VH Global Energy carbon capture project reaches milestone
Friday 21 Feb 2025
(Sharecast News) - VH Global Energy Infrastructure announced a significant milestone for its 10MW UK flexible power project with carbon capture and re-use on Friday, with the successful commissioning ... Read More
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Elon Musk seemingly rejects Nissan investment plans
Friday 21 Feb 2025
(Sharecast News) - Tesla chief executive Elon Musk has seemingly rejected the idea that the electric carmaker could put money into struggling Japanese automotive firm Nissan. Read More
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Pinewood Technologies raises £35.7m to acquire software platform Seez
Friday 21 Feb 2025
(Sharecast News) - Pinewood Technologies announced on Friday that it has raised £35.7m through an oversubscribed equity offering, securing strong backing from both new investors and existing sharehold... Read More
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Volkswagen teams up with China's CATL to work on EV battery development
Friday 21 Feb 2025
(Sharecast News) - Volkswagen has signed a deal with China's CATL to collaborate on EV battery research and development as well the development of new materials and auto parts. Read More
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Videndum shares tank as media production markets remain weak
Friday 21 Feb 2025
(Sharecast News) - Videndum confirmed in an update on Friday that its results for 2024 were in line with previous guidance, subject to the completion of its audit, although its shares were tanking aft... Read More
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Poolbeg shares slide as Hookipa terminates takeover talks
Friday 21 Feb 2025
(Sharecast News) - Shares in Poolbeg Pharma were sliding on Friday, after Hookipa Pharma announced it had terminated discussions on a proposed all-share acquisition of Poolbeg, bringing an abrupt end ... Read More
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