Company News
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Thursday preview: Euro area CPI, Haleon in the spotlight
Wednesday 01 Mar 2023
(Sharecast News) - The market spotlight on Thursday will shift towards the euro area where consumer price data are due out that may help inform opinions of the near-term path for interest rates in the... Read More
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ValiRx incorporates new wholly-owned lab subsidiary
Wednesday 01 Mar 2023
(Sharecast News) - Life science company ValiRx announced the incorporation of a new wholly-owned subsidiary, Inaphaea BioLabs, on Wednesday. Read More
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Xeros Technology appoints new director of finance
Wednesday 01 Mar 2023
(Sharecast News) - Laundry technology developer Xeros announced the appointment of Alex Tristram as its director of finance and company secretary on Thursday. Read More
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First Property subsidiary secures EUR 1.7m loan
Wednesday 01 Mar 2023
(Sharecast News) - Property fund manager and investor First Property announced on Wednesday that its subsidiary E and S Estates has secured a loan of €1.7m. Read More
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SDX Energy reports operational progress in 2022
Wednesday 01 Mar 2023
(Sharecast News) - Oil and gas explorer SDX Energy updated the market on its 2022 operations on Wednesday, reporting that at Egypt's South Disouq, it achieved an average gross production of 38.5 milli... Read More
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Harland & Wolff upbeat on growing revenue backlog
Wednesday 01 Mar 2023
(Sharecast News) - Harland & Wolff Group said in a trading update on Wednesday that it has a backlog of confirmed contracted revenues totaling around £900m. Read More
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UK Oil & Gas joint venture secures rig for Pinarova
Wednesday 01 Mar 2023
(Sharecast News) - UK Oil & Gas announced on Wednesday that the Resan joint venture, in which it has a 50% non-operated interest, had secured a suitable small rig to drill the Pinarova-1 shallow oil e... Read More
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Weir Group shares surge as mining boom boosts annual profits
Wednesday 01 Mar 2023
(Sharecast News) - Engineering group Weir on Wednesday posted a rise in annual profits on the back of a booming mining industry, sparking a surge in the stock. Read More
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Sondrel tapes out circuit design for home network customer
Wednesday 01 Mar 2023
(Sharecast News) - Fabless semiconductor company Sondrel announced the successful tapeout of an application-specific integrated circuit (ASIC) design on Wednesday, for a "leading provider" of home net... Read More
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Jaguar Land Rover owner seeks £0.5bn subsidy for UK battery plant - report
Wednesday 01 Mar 2023
(Sharecast News) - Jaguar Land Rover owner Tata Motors is reportedly seeking £500m from the UK government in state subsidies to build a battery factory in Somerset, UK media reported on Wednesday. Read More
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Plexus sublets Burnside House, offloads ground lease
Wednesday 01 Mar 2023
(Sharecast News) - Oil and gas engineering service provider Plexus announced on Wednesday that it has completed a sub-lease of its Burnside House property in Aberdeen to a third party, for 15 years. Read More
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Co-op Bank profits surge in 2022
Wednesday 01 Mar 2023
(Sharecast News) - The Co-operative Bank reported a full-year profit before tax of £132.6m and underlying profit of £136.0m in its 2022 results on Wednesday. Read More
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Haydale confident despite wider first-half losses
Wednesday 01 Mar 2023
(Sharecast News) - Graphene technology specialist Haydale reported a 50% increase in group revenues, in its first half on Wednesday, to £1.78m, up from £1.19 million in the same period a year ago. Read More
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Active Energy appoint new operations chief
Wednesday 01 Mar 2023
(Sharecast News) - Renewable biomass developer Active Energy announced the appointment of Steve Schaar as its chief operating officer on Wednesday. Read More
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Kohl's swings to Q4 loss, cautious on outlook
Wednesday 01 Mar 2023
(Sharecast News) - Kohl's slumped on Wednesday after saying it swung to a loss in the fourth quarter as sales fell and the US department store retailer struck a cautious note on the outlook. Read More
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CMA provisionally clears Viasat, Inmarsat merger
Wednesday 01 Mar 2023
(Sharecast News) - The UK's Competition and Markets Authority has provisionally cleared US satellite company Viasat's £5.4bn takeover of UK rival Inmarsat following an in-depth review. Read More
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Purplebricks launches formal sale process after several approaches
Wednesday 01 Mar 2023
(Sharecast News) - Online estate agency Purplebricks said on Wednesday that it was launching a formal sale process after receiving several approaches for the business. Read More
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ITV invests in architectural tech company Resi
Wednesday 01 Mar 2023
(Sharecast News) - ITV said on Wednesday that it has agreed to invest in architectural tech company Resi. Read More
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UK house prices fall 1.1% in February - Nationwide
Wednesday 01 Mar 2023
(Sharecast News) - UK house prices fell by 1.1% year-on-year in February, the first annual decline since June 2020, mortgage lender Nationwide said on Wednesday. Read More
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Capital & Counties slides as it swings to loss
Wednesday 01 Mar 2023
(Sharecast News) - Capital & Counties reported a mixed year in its final results on Wednesday, with underlying net rental income increasing to £57.2m from £48.9m in 2021, while it swung to a loss for ... Read More
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