Company News
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GSK, Spero UTI drug trial ends early after meeting target
Wednesday 28 May 2025
(Sharecast News) - UK pharma giant GSK and its partner Spero Therapeutics on Wednesday said it had ended a late-stage trial of an experimental drug for complicated urinary tract infections early after... Read More
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Nissan planning $7bn fundraising, including $1bn UK-backed loan - report
Wednesday 28 May 2025
(Sharecast News) - Nissan Motor Co is reportedly looking to raise more than 1 trillion yen ($7bn) from debt and asset sales to keep operations on track. Read More
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Angle slumps on cautious outlook
Wednesday 28 May 2025
(Sharecast News) - Shares in Angle tanked on Wednesday after the cancer treatment tech group delivered a cautious outlook, pointing to only "modest" growth compared with the 31% surge in revenues seen... Read More
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Seeen raises £0.74m for general corporate purposes
Wednesday 28 May 2025
(Sharecast News) - Seeen said on Wednesday that it has raised £0.74m in gross proceeds through the exercise of 14.8 million warrants, and a subscription for 1.7 million new shares at 4.5p each. Read More
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Thor Explorations reports record quarterly net income
Wednesday 28 May 2025
(Sharecast News) - Thor Explorations reported a record quarterly net income of $34.4m for the first quarter on Wednesday, more than doubling the $12.4m posted a year earlier, as strong gold prices and... Read More
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Geo Exploration identifies gold target at Juno Project
Wednesday 28 May 2025
(Sharecast News) - Geo Exploration said in an update on Wednesday that it has identified a large, high-confidence gold exploration target at its Juno Project in Western Australia following the complet... Read More
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Frontier Developments revenue set to beat analyst expectations
Wednesday 28 May 2025
(Sharecast News) - Frontier Developments said in an update on Wednesday that it expects to report full-year revenue of around £90m for the 12 months ending 31 May, ahead of analyst expectations, follo... Read More
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Inspiration Healthcare reports wider full-year operating loss
Wednesday 28 May 2025
(Sharecast News) - Inspiration Healthcare reported a wider operating loss of £14.7m for the year ended 31 January on Wednesday, compared to a £4.9m loss in the prior year, as falling margins and restr... Read More
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Avingtrans flags better-than-expected full-year earnings
Wednesday 28 May 2025
(Sharecast News) - Avingtrans said in an update on Wednesday that it expects to report adjusted EBITDA ahead of market expectations for the financial year ending 31 May, driven by stronger-than-antici... Read More
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Costain refinances bank and bonding facilities
Wednesday 28 May 2025
(Sharecast News) - Construction and engineering firm Costain said on Wednesday that it has successfully refinanced its bank and bonding facilities. Read More
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Science Group ups Ricardo stake, pushes for chairman's removal
Wednesday 28 May 2025
(Sharecast News) - Science Group confirmed in an update on Wednesday that it has increased its stake in Ricardo to 21.8% of voting rights, and was calling on fellow shareholders to support the removal... Read More
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Tuesday preview: US Fed minutes, Nvidia in the spotlight
Wednesday 28 May 2025
(Sharecast News) - The economic calendar on Wednesday will be on the light side. Read More
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RBNZ cuts official cash rate to 3.25pc
Wednesday 28 May 2025
(Sharecast News) - The Reserve Bank of New Zealand (RBNZ) cut its official cash rate by 25 basis points to 3.25% on Wednesday, marking its sixth consecutive rate reduction and setting the stage for fu... Read More
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Vet operations underpin full-year growth for Pets at Home
Wednesday 28 May 2025
(Sharecast News) - Pets at Home reported a 14.1% rise in statutory pre-tax profit to £120.6m for the year ended 27 March on Wednesday, supported by strong performance in its Vet Group and reduced non-... Read More
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GlobalData extends ICG offer deadline as KKR talks fizzle out
Wednesday 28 May 2025
(Sharecast News) - Shares in GlobalData were in the red on Wednesday after the data analytics and consulting company revealed that takeover talks with KKR had fizzled out, as its extended the 'put up ... Read More
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Playtech reaches agreement on HAPPYBET division
Wednesday 28 May 2025
(Sharecast News) - Gambling software firm Playtech has reached an agreement with pferdewetten.de subsidiary NetX Betting regarding its HAPPYBET division. Read More
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Softcat raises profit guidance after strong third quarter
Wednesday 28 May 2025
(Sharecast News) - IT infrastructure group Softcat has raised its guidance for full-year profit growth after a stronger-than-expected third-quarter performance. Read More
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C&C sees limited tariff impact as FY profits jump
Wednesday 28 May 2025
(Sharecast News) - Bulmers cider maker C&C said it expected a limited impact from US tariffs as it held annual guidance and reported a jump in profits for 2024/25. Read More
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Kingfisher makes solid start as French sales decline eases
Wednesday 28 May 2025
(Sharecast News) - DIY retailer Kingfisher reported a small increase in underlying revenues in its first quarter as the sales declines at its French operations eased while growth picked up strongly in... Read More
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Rentokil to sell France Workwear for €410m
Wednesday 28 May 2025
(Sharecast News) - Rentokil Initial said on Wednesday that it has agreed to sell its Workwear business in France to H. I. G Capital for around €410m (£344m). Read More
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