Company News
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Superdry raises £12m to finance strategic restructuring
Wednesday 03 May 2023
(Sharecast News) - Superdry shares were under pressure on Wednesday after the company went cap in hand to investors to raise fresh funds to finance its turnaround. Read More
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Barratt Developments confident as net reservations fall
Wednesday 03 May 2023
(Sharecast News) - Housebuilder Barratt Developments reported a decrease in net private reservations in an update on Wednesday, measured per active outlet per average week, to 0.65 compared to 0.93 fo... Read More
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Revenue rises 22pc in Coca-Cola HBC's first quarter
Wednesday 03 May 2023
(Sharecast News) - Beverage bottler Coca-Cola HBC reported "consistent execution" of its '24/7' strategy in an update on Wednesday, resulting in first quarter organic revenue growth of 22.2%, excludin... Read More
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City watchdog to overhaul UK listing rules
Wednesday 03 May 2023
(Sharecast News) - The City watchdog is to overhaul UK listing rules to help encourage more companies to list on the London Stock Exchange, it was announced on Wednesday. Read More
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Card Factory FY sales surge as shoppers return to stores
Wednesday 03 May 2023
(Sharecast News) - Card Factory reported surge in full-year profits on Wednesday as shoppers returned to bricks and mortar stores. Read More
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Facebook news changes 'hit Reach sales'
Wednesday 03 May 2023
(Sharecast News) - Daily Mirror publisher Reach said revenues fell 6% in the four months to April 23 with the company citing changes in the way social media platform Facebook presented news content. Read More
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OSB lifts loan book outlook on higher rates, mortgage demand
Wednesday 03 May 2023
(Sharecast News) - Buy-to-let lender OSB Group lifted its full-year outlook for underlying net loan book growth on Wednesday as interest rates and mortgage loan demand both rose. Read More
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Flutter hails 'very strong' US performance as Q1 revenue rises
Wednesday 03 May 2023
(Sharecast News) - Paddy Power owner Flutter Entertainment hailed a "very strong" US performance on Wednesday as it posted a rise in first-quarter revenues. Read More
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Wickes sales slip on bad weather
Wednesday 03 May 2023
(Sharecast News) - DIY retailer Wickes said like-for-like sales fell in the 16 weeks to April 22, as bad weather hampered demand for seasonal products. Read More
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Watches of Switzerland CFO Bill Floydd to stand down
Wednesday 03 May 2023
(Sharecast News) - Watches of Switzerland said on Wednesday that chief financial officer Bill Floydd will be standing down from 12 May by mutual agreement. Read More
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TI Fluid Systems Q1 revenue jump
Wednesday 03 May 2023
(Sharecast News) - TI Fluid Systems posted a jump in first-quarter revenues on Wednesday as it said it was outperforming markets in all regions. Read More
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Johnson Matthey sells Diagnostic Services for £55m
Wednesday 03 May 2023
(Sharecast News) - Johnson Matthey announced the sale on Wednesday of Diagnostic Services, a business providing specialised detection, diagnostic, and measurement solutions, to UK-based private equity... Read More
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French pension strikes forced Ryanair to cancel 650 flights in April
Wednesday 03 May 2023
(Sharecast News) - Ryanair said strike action by French air traffic controllers forced the budget carrier to ground 650 flights last month affecting 118,000 passengers. Read More
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Aston Martin backs FY guidance as Q1 losses narrow
Wednesday 03 May 2023
(Sharecast News) - Aston Martin maintained its full-year guidance on Wednesday as it reported a narrowing of its first-quarter losses, with strong growth in deliveries of its sport utility vehicle DBX... Read More
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Haleon profits rise but margins squeezed by cost inflation
Wednesday 03 May 2023
(Sharecast News) - Profits at consumer health company Haleon on Wednesday came in below expectations as higher costs hit earnings margins. Read More
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Wednesday preview: US Fed decision, Lloyds in focus
Tuesday 02 May 2023
(Sharecast News) - All eyes on Thursday would be on the US central bank as it announced its latest policy decision. Read More
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De La Rue appoints Nick Bray as interim chairman
Tuesday 02 May 2023
(Sharecast News) - Banknote printer De La Rue said on Tuesday that it has appointed Nick Bray as interim chairman. Read More
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BP posts $5bn Q1 profit as windfall tax debate reignites
Tuesday 02 May 2023
(Sharecast News) - The debate around windfall profits on energy companies was reignited on Tuesday when oil giant BP reported a better-than-expected first quarter profit of $5bn. Read More
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DuPont downgrades top end of FY sales guidance
Tuesday 02 May 2023
(Sharecast News) - DuPont downgraded its full-year sales guidance on Tuesday as it pointed to a delay in the recovery of the electronics market. Read More
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Pfizer reaffirms guidance after Q1 fall in Covid-19 revenue
Tuesday 02 May 2023
(Sharecast News) - Pharmaceutical giant Pfizer reported a year-on-year decline in earnings per share and revenue on Tuesday, primarily driven by an expected decrease in revenue from its Covid-19 vacci... Read More
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