Company News
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China industrial profits slump in first two months of 2023
Monday 27 Mar 2023
(Sharecast News) - China's industrial profits slumped in the first two months of the year as the effects of Covid curbs continued to take their toll. Read More
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Standard Chartered to sell Jordanian business to AJIB
Monday 27 Mar 2023
(Sharecast News) - Standard Chartered has agreed to sell its Jordanian business to Arab Jordan Investment Bank (AJIB). Read More
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Saudi National Bank chair resigns
Monday 27 Mar 2023
(Sharecast News) - The chair of Saudi National Bank has resigned with immediate effect. Read More
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UK CMA looking into EDF deal with General Electric
Monday 27 Mar 2023
(Sharecast News) - The UK's competition regulator is looking into whether the acquisition by Électricité de France of General Electric's nuclear steam power business could lead to competition concerns... Read More
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Sirius Real Estate appoints Chris Bowman as CFO
Monday 27 Mar 2023
(Sharecast News) - Sirius Real Estate said on Monday that it has appointed Chris Bowman as its new chief financial officer. Read More
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Target Healthcare H1 rent up 2.9%
Monday 27 Mar 2023
(Sharecast News) - UK care home investor Target Healthcare REIT on Monday reported a rise in contractual rent for the half year of 2.9% to £57.1m, including like‑for-like rental growth of 1.8%. Read More
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Phoenix takes $2m short-term loan as it finalises copper bonds
Friday 24 Mar 2023
(Sharecast News) - US-focussed explorer and producer Phoenix Copper said in an update on Friday that it was finalising discussions with a number of parties to place up to $80m of corporate copper bond... Read More
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Touchstone swings to loss despite rise in production
Friday 24 Mar 2023
(Sharecast News) - Touchstone Exploration reported an 18% increase in average daily production volumes in its full-year results on Friday, driven by incremental natural gas production from the Coho-1 ... Read More
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Wetherspoon shares surge as pub chain swings to H1 profit
Friday 24 Mar 2023
(Sharecast News) - JD Wetherspoon shares surged as the pub chain said sales for the last seven weeks were 14.9% higher than the same period last year as it also swung to a half-year profit despite "fe... Read More
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Director dealings: Elementis director makes share purchase
Friday 24 Mar 2023
(Sharecast News) - Elementis revealed on Friday that senior independent director Steve Good had acquired 20,000 ordinary shares in the FTSE 250-listed chemicals firm. Read More
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Revenue up but earnings per share slip for Caledonia Mining
Friday 24 Mar 2023
(Sharecast News) - Caledonia Mining reported gross revenue of $142m for 2022 in its full-year results on Friday, up from the $121m it recorded in 2021. Read More
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Westmount confident in investments as losses narrow
Friday 24 Mar 2023
(Sharecast News) - Oil and gas investor Westmount Energy reported a cash balance of £0.86m with no debt in its interim results on Friday. Read More
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Destiny publishes 'important' research on its preoperative treatment candidate
Friday 24 Mar 2023
(Sharecast News) - Clinical-stage biotechnology company Destiny Pharma announced the publication of landmark clinical data for 'XF-73' on Friday, in the US-based peer-reviewed journal Infection Contro... Read More
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Conygar upbeat on success of Anglesey Freeport bid
Friday 24 Mar 2023
(Sharecast News) - The Conygar Investment Company was upbeat on the success of the Anglesey Freeport Bid Consortium in securing freeport status for the area on Friday. Read More
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Drumz investee Acuity inks deal with Florida-based Tutela
Friday 24 Mar 2023
(Sharecast News) - UK-based investment firm Drumz announced that its investee Acuity Risk Management has entered into a partnership with Tutela Solutions, a provider of governance, risk, and complianc... Read More
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Ceres Power revenue, earnings slide as it works on partnerships
Friday 24 Mar 2023
(Sharecast News) - Fuel cell and electrical chemical specialist Ceres Power reported a decline in revenue to £22.1m in its final results on Friday, from £30.8m in 2021. Read More
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Atalaya files technical report related to new Riotinto assessment
Friday 24 Mar 2023
(Sharecast News) - Atalaya Mining announced the filing of a technical report related to the new preliminary economic assessment (PEA) for its Proyecto Riotinto operation in Spain on Friday. Read More
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IWG eyes sale of major stake in digital platform Worka - report
Friday 24 Mar 2023
(Sharecast News) - Serviced office company IWG is reportedly exploring the sale of a major stake in its digital operation in a deal that could generate proceeds of about £800m. Read More
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UK CMA says Microsoft Activision deal won't harm console gaming market
Friday 24 Mar 2023
(Sharecast News) - Britain's competition regulator has narrowed the scope of its probe into Microsoft's $69bn takeover of video game maker Activision, saying it no longer believes the deal would damag... Read More
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Deutsche Bank slides after spike in credit default swaps
Friday 24 Mar 2023
(Sharecast News) - Deutsche Bank shares tumbled on Friday as the cost of insuring against its default spiked amid lingering concerns about the European banking sector. Read More
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