Company News
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ix Net Zero to invest another $0.15m in Sustainable Living Innovations
Friday 16 Jun 2023
(Sharecast News) - Investing company ix Net Zero announced plans to invest an additional $150,000 into Sustainable Living Innovations (SLI) on Friday, through an unsecured convertible promissory note. Read More
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UK retail sales spark in warm weather
Friday 16 Jun 2023
(Sharecast News) - UK retail sales strengthened last week, industry data showed on Friday, as the warm weather helped boost demand for clothing. Read More
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Invinity upbeat on outcome of 'comprehensive' costs review
Friday 16 Jun 2023
(Sharecast News) - Utility-grade energy storage developer Invinity Energy Systems updated the market on its results for 2022 on Friday, reporting that it recently conducted a comprehensive review of t... Read More
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Genedrive secures multi-partner grant award
Friday 16 Jun 2023
(Sharecast News) - Molecular diagnostics specialist Genedrive announced its involvement in a multi-partner grant award called DEVOTE on Friday, supported by Innovate UK and the UK government's Innovat... Read More
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OnTheMarket launches new valuations-focussed service for agents
Friday 16 Jun 2023
(Sharecast News) - Property portal operator OnTheMarket announced a new service called 'Your Property Services' (YPS) on Friday. Read More
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Embattled-Odey Asset Management gates fund
Friday 16 Jun 2023
(Sharecast News) - Odey Asset Management has gated another fund after withdrawal requests surged in the wake of sexual misconduct allegations against founder Crispin Odey. Read More
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Hutchmed China's colorectal cancer study to be published
Friday 16 Jun 2023
(Sharecast News) - Hutchmed China, alongside its partner Takeda, announced the publication of the phase three 'FRESCO-2' study results evaluating the use of fruquintinib in patients with previously-tr... Read More
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Peel Hunt swings to loss as revenue slides
Friday 16 Jun 2023
(Sharecast News) - Peel Hunt reported a decline in revenue and profitability in its final results on Friday, due to unusually low capital markets activity throughout the 2023 financial year. Read More
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Europe open: Shares shrug off hawkish banks; Travis Perkins slumps
Friday 16 Jun 2023
(Sharecast News) - European shares started Friday in the green, ignoring continuing hawkish noise from central banks around the world and took their cue from strong sessions in the US and Asia overnig... Read More
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Mears set to beat full-year expectations
Friday 16 Jun 2023
(Sharecast News) - Mears, a prominent provider of services to the housing sector, announced a robust trading performance for the first five months of its financial year on Friday. Read More
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Tesco holds guidance as Q1 sales up 8.8%; Sees signs of easing inflation
Friday 16 Jun 2023
(Sharecast News) - First-quarter sales Tesco surged 8.8% as the supermarket giant held annual guidance and said there were "encouraging" signs that inflation was starting to ease for struggling custom... Read More
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Marlowe exploring £650m sale of inspection business - report
Friday 16 Jun 2023
(Sharecast News) - Marlowe, a provider of fire safety services, is reportedly exploring a sale of its biggest division in a move that could generate proceeds of about £650m. Read More
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Travis Perkins warns on profits
Friday 16 Jun 2023
(Sharecast News) - Travis Perkins warned on profits on Friday, after higher interest rates and weaker consumer confidence weighed heavily on house building. Read More
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FDA extends review period of GSK blood cancer drug momelotinib
Friday 16 Jun 2023
(Sharecast News) - GSK said on Friday that the US Food and Drug Administration has extended the review period of its new drug application for momelotinib, which is used to treat a blood cancer called ... Read More
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Currys considers sale of Greek business
Friday 16 Jun 2023
(Sharecast News) - Electricals retailer Currys said on Friday that it is considering putting its Greek business Kotsovolos up for sale, as it kicks off a strategic review. Read More
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ITV mulling possible acquisition of All3Media
Friday 16 Jun 2023
(Sharecast News) - ITV is in talks about the possible acquisition of All3Media, the independent production company behind The Traitors, it confirmed on Friday. Read More
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Friday preview: BoJ, US consumer confidence in focus
Friday 16 Jun 2023
(Sharecast News) - The market spotlight at the end of the week was expected to swing back towards Asia, where the Bank of Japan was scheduled to announce its latest policy decision. Read More
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Director dealings: Great Portland, EAT board members make purchases
Thursday 15 Jun 2023
(Sharecast News) - Great Portland Estates was among the companies on the list of buys on Thursday, after an executive director was linked to a near-£30k share purchase. Read More
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Asos shares surge on return to profitability
Thursday 15 Jun 2023
(Sharecast News) - Struggling UK online fashion retailer Asos said third-quarter sales fell 14%, but posted a rise in core earnings as it claimed its turnaround strategy to focus on more profitable it... Read More
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Patterson-UTI Energy, NexTier to merge in $5.4bn deal
Thursday 15 Jun 2023
(Sharecast News) - Patterson-UTI Energy and NexTier Oilfield Solutions have agreed a $5.4bn all-share merger. Read More
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