Company News
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IQE inks multi-year agreement with long-time partner AWSC
Thursday 03 Nov 2022
(Sharecast News) - Compound semiconductor wafer and materials supplier IQE announced the signing of a multi-year agreement with Advanced Wireless Semiconductor Company (AWSC), it announced on Thursday... Read More
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Power prices put pressure on margins at Helios Towers
Thursday 03 Nov 2022
(Sharecast News) - Telecom infrastructure owner Helios Towers reported a 25% improvement in third-quarter year-to-date revenue on Thursday, to $408.8m. Read More
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Morgan Stanley plans fresh round of global layoffs - report
Thursday 03 Nov 2022
(Sharecast News) - Morgan Stanley is reportedly planning to start a fresh round of layoffs globally in the coming weeks, as dealmaking business takes a hit from rising inflation and the economic downt... Read More
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Genel Energy cash holdings to top $500m following strong quarter
Thursday 03 Nov 2022
(Sharecast News) - Oil company Genel Energy said on Thursday that cash holdings were expected to top $500.0m before the end of the year thanks to another strong quarter on the production front and ele... Read More
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Demand remains strong at Derwent
Thursday 03 Nov 2022
(Sharecast News) - Derwent London said on Tuesday that demand for property remained "good", despite the uncertain political and economic climate. Read More
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Lancashire posts rise in gross premiums written
Thursday 03 Nov 2022
(Sharecast News) - Insurer Lancashire Holdings reported a rise in gross premiums written on Thursday as it hailed a "strong" balance sheet and "robust" capital position, and said that loss estimates f... Read More
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RS Group tumbles as CEO takes leave of absence
Thursday 03 Nov 2022
(Sharecast News) - RS Group - formerly Electrocomponents - tumbled on Thursday as it announced that chief executive officer Lindsley Ruth will take a leave of absence with immediate effect for persona... Read More
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Hikma reiterates FY guidance amid 'strong momentum'
Thursday 03 Nov 2022
(Sharecast News) - Drugmaker Hikma Pharmaceuticals reiterated full-year guidance on Thursday, citing "strong momentum" in its injectables and branded units, but also cautioned that had begun to see th... Read More
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TI Fluid on track to hit full-year targets
Thursday 03 Nov 2022
(Sharecast News) - TI Fluid Systems reiterated full-year targets on Thursday after third-quarter revenues sparked. Read More
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Harbour Energy production up 27% YTD
Thursday 03 Nov 2022
(Sharecast News) - Oil and gas company Harbour Energy said on Thursday that production had risen year-to-date, while unit operating costs decreased throughout the nine months ended 30 September. Read More
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GSK halts antibiotic trials early
Thursday 03 Nov 2022
(Sharecast News) - GSK has halted patient enrolment in trials for a novel antibiotic, the drug and vaccine giant said on Thursday. Read More
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Trainline earnings surge on passenger demand rebound
Thursday 03 Nov 2022
(Sharecast News) - Online ticket-selling platform Trainline on Thursday reported a sharp rise in interim earnings as rail travel recovered from the Covid-19 pandemic, driven by visitors from the US ca... Read More
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Howden Joinery FY profits seen 'marginally' ahead of consensus
Thursday 03 Nov 2022
(Sharecast News) - Howden Joinery said on Thursday that it now expects FY2022 pre-tax profit to be "marginally" ahead of consensus forecasts as it hailed strong revenue growth. Read More
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BT Group boosts cost-saving target as inflation bites
Thursday 03 Nov 2022
(Sharecast News) - BT Group is seeking a further £500m of savings after being hit by surging inflation, including higher energy prices, the telecoms specialist confirmed on Thursday. Read More
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Smith & Nephew Q3 revenues touch lighter than expected
Thursday 03 Nov 2022
(Sharecast News) - Medical equipment maker Smith & Nephew posted slightly lower-than-expected third-quarter revenues on Thursday as it said revenue growth for the full year was set to be in the middle... Read More
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OSB holds guidance as loans increase
Thursday 03 Nov 2022
(Sharecast News) - Specialist lender OneSavingsBank said it was on track to deliver its 2022 full year guidance, despite macroeconomic instability and rising interest rates. Read More
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Sainsbury's H1 profits fall despite revenue growth
Thursday 03 Nov 2022
(Sharecast News) - Supermarket chain Sainsbury's saw profits slump in the six months ended 17 September as cost of living pressures offset slightly improved revenues. Read More
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Sainsbury's H1 profits fall despite revenue growth
Thursday 03 Nov 2022
(Sharecast News) - Supermarket chain Sainsbury's saw profits slump in the six months ended 17 September as cost of living pressures offset slightly improved revenues. Read More
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Thursday preview: Bank of England, Rolls-Royce in the spotlight
Wednesday 02 Nov 2022
(Sharecast News) - The market spotlight on Thursday was expected to be firmly on the Bank of England and its policy guidance. Read More
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Aston Martin cuts FY delivery expectations on supply issues
Wednesday 02 Nov 2022
(Sharecast News) - Luxury car maker Aston Martin downgraded its delivery expectations for the year on Wednesday as it pointed to further supply chain issues and posted a widening of its losses. Read More
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