Company News
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3i Group performs well thanks to value and infrastructure assets
Thursday 11 May 2023
(Sharecast News) - Investment company 3i Group reported a total return of £4.59bn in its full-year results on Thursday, representing a 36% increase on opening shareholders' funds compared to the prior... Read More
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CVC consortium gets deadline extension for Network International bid
Thursday 11 May 2023
(Sharecast News) - Network International said on Thursday that the 'put up or shup up' deadline for CVC Advisers and Francisco Partners has been extended as it remains in talks with the consortium. Read More
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Grainger reports jump in rental income
Thursday 11 May 2023
(Sharecast News) - Grainger posted a jump in rental income on Thursday, driven by strong demand for rented homes. Read More
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Currency movements hit Airtel Africa profits
Thursday 11 May 2023
(Sharecast News) - Airtel Africa reported revenue growth of 11.5% in its full-year results on Thursday, to $5.26bn in reported currency. Read More
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Strike not planning to bid for Purplebricks, shares crash
Thursday 11 May 2023
(Sharecast News) - Estate agent Purplebricks tumbled again on Thursday after rival Strike said it was not planning to make an offer for the company but remains in talks about a potential purchase of t... Read More
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Europe open: Shares open higher as BoE rate move in focus
Thursday 11 May 2023
(Sharecast News) - European shares opened higher on Thursday as investors awaited the Bank of England's policy rate decision due later in the day and US President Joe Biden's warning of recession if t... Read More
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Spire Healthcare hails continued 'good momentum'
Thursday 11 May 2023
(Sharecast News) - Spire Healthcare said on Thursday that it was pleased with its performance in the first four months of the year. Read More
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Man Group CEO Eliis to retire; Robyn Grew named as successor
Thursday 11 May 2023
(Sharecast News) - Asset manager Man Group said chief executive Luke Ellis would retire in September, to be succeeded by Robyn Grew. Read More
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JD Sports appoints Dominic Platt as CFO
Thursday 11 May 2023
(Sharecast News) - JD Sports Fashion said on Thursday that it has appointed Dominic Platt as chief financial officer and as a member of the board. Read More
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Rolls-Royce says engine flying hours increase; Holds guidance
Thursday 11 May 2023
(Sharecast News) - UK aerospace engineer Rolls-Royce held annual guidance and said large engine flying hours had hit 83% of 2019 levels in the four months to April 30. Read More
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Wood Group holds guidance as Q1 revenues grow
Thursday 11 May 2023
(Sharecast News) - Oil and gas engineer Wood Group, currently in talks on a potential $1.6bn takeover by private equity group Apollo, held annual guidance as first quarter revenues increased. Read More
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Thursday preview: BoE, Rolls-Royce in focus
Wednesday 10 May 2023
(Sharecast News) - All eyes on Thursday will be on the Bank of England which is expected to go ahead and raise interest rates further. Read More
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Spirax-Sarco describes modest growth amid challenging market
Wednesday 10 May 2023
(Sharecast News) - Spirax-Sarco Engineering maintained its full-year guidance in an update on Wednesday, as it continued to trade in line with expectations. Read More
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John Lewis staff council backs Sharon White as chair
Wednesday 10 May 2023
(Sharecast News) - Staff at the John Lewis Partnership agreed to allow Sharon White to continue in her role as the retailer's chair on Wednesday, but remained critical of her overseeing of losses and ... Read More
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Supreme Court rules in favour of Shell over Nigeria oil spill
Wednesday 10 May 2023
(Sharecast News) - The UK's highest court has ruled in favour of energy giant Shell in a dispute over a 2011 oil spill in Nigeria. Read More
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Director dealings: LSE director's firm sells down again, VOF investment manager buys in
Wednesday 10 May 2023
(Sharecast News) - London Stock Exchange Group was once again at the top of the list of director sells on Wednesday, after a company linked to one of its directors offloaded more than £0.75m of shares... Read More
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Tui narrows losses as travel recovery continues
Wednesday 10 May 2023
(Sharecast News) - Holiday giant Tui on Wednesday reported narrower losses and an increase in revenue as travel rebounded from the Covid pandemic. Read More
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SkinBioTherapeutics pleased with progress on two fronts
Wednesday 10 May 2023
(Sharecast News) - Skin health-focussed life science company SkinBioTherapeutics said in an update on Wednesday that its partner Sederma, a division of Croda International, was planning to undertake a... Read More
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GRC International revenue set to rise, but earnings slip
Wednesday 10 May 2023
(Sharecast News) - Risk management and compliance-focussed cybersecurity specialist GRC International said in a trading update on Wednesday that it expected revenue to be between £14.5m and £15m for t... Read More
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Union Jack Oil achieves $15m revenue landmark from Wressle
Wednesday 10 May 2023
(Sharecast News) - Union Jack Oil announced on Wednesday that it has achieved material landmark net revenues of over $15m from the Wressle hydrocarbon development, located within licences PEDL180 and ... Read More
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