Company News
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Ex-Daily Mail CEO tapped to work on bid for Ascential unit
Tuesday 16 May 2023
(Sharecast News) - Former Daily Mail & General Trust chief executive officer Paul Zwillenberg has been approached to advise private equity firm BC Partners in a possible bid for Ascential's consumer d... Read More
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Investor group opposed to Liontrust deal ups stake in GAM
Tuesday 16 May 2023
(Sharecast News) - The investor group comprised of NewGAMe and Bruellan - which is opposed to Liontrust's takeover of Swiss fund group GAM - said on Tuesday that it plans to increase its stake in GAM ... Read More
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Vodafone to axe 11,000 jobs, sees flat FY as new CEO slams firm
Tuesday 16 May 2023
(Sharecast News) - Telecoms giant Vodafone said it was cutting 11,000 jobs and expected to post flat earnings next year after reporting a decline in annual profits in a performance described as "not g... Read More
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CBI appoints interim people chief
Tuesday 16 May 2023
(Sharecast News) - The CBI has named Elizabeth Wallace as its interim chief people officer, the troubled business lobby group confirmed on Tuesday. Read More
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Horizon Therapeutics tanks as FTC expected to challenge Amgen deal
Tuesday 16 May 2023
(Sharecast News) - Horizon Therapeutics tumbled in pre-market trade on Tuesday following a report that its $27.8bn takeover by Amgen will be challenged by federal regulators. Read More
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Tuesday preview: UK jobs report, US debt ceiling talks in the spotlight
Tuesday 16 May 2023
(Sharecast News) - The market spotlight on Tuesday would fall on the UK employment report for March. Read More
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Hercules Site Services trading in line with expectations
Tuesday 16 May 2023
(Sharecast News) - Infrastructure labour supply specialist Hercules Site Services said in a trading update on Tuesday that it was performing in line with market expectations. Read More
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Mkango to take full ownership of HyProMag
Tuesday 16 May 2023
(Sharecast News) - Mkango Resources has entered into an agreement to increase its ownership stake in HyProMag from 42% to 100%, it announced on Tuesday, in a cash and share transaction. Read More
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Greatland clarifies ASX listing progress after Australian press speculation
Tuesday 16 May 2023
(Sharecast News) - Mining company Greatland Gold responded to an article published in the Australian Financial Review on Tuesday, which suggested it had enlisted the services of Bank of America to fac... Read More
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Seeing Machines inks collaboration deal with Collins Aerospace
Tuesday 16 May 2023
(Sharecast News) - Driver monitoring technology specialist Seeing Machines announced an exclusive, perpetual licence agreement with Raytheon Technologies subsidiary Collins Aerospace on Tuesday. Read More
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Atlantic Lithium appoints new permanent chief executive
Tuesday 16 May 2023
(Sharecast News) - Atlantic Lithium announced the appointment of Keith Muller as its chief executive officer on Tuesday, with Len Kolff moving to the position of head of business development and chief... Read More
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Surging energy prices boost DCC
Tuesday 16 May 2023
(Sharecast News) - DCC reported a jump in full-year profits on Tuesday despite "volatile" economic conditions, as commodity prices soared. Read More
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Home Depot revises full-year guidance after negative first quarter
Tuesday 16 May 2023
(Sharecast News) - Home Depot, the world's largest home improvement retailer, reported a decline in both sales and earnings in its first quarter on Tuesday, and lowered its guidance for the full finan... Read More
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Amigo chief executive resigns
Tuesday 16 May 2023
(Sharecast News) - The chief executive of Amigo Holdings has resigned, it was announced on Tuesday, as the mid-cost lender continued to be wound down. Read More
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Marston's reports positive first half as trading normalises
Tuesday 16 May 2023
(Sharecast News) - Pub operator Marston's reported positive growth in its underlying first-half results on Tuesday, despite a tougher macroeconomic environment. Read More
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Boohoo confident in recovery, analysts agree after net cash surprise
Tuesday 16 May 2023
(Sharecast News) - Online fast-fashion retailer Boohoo Group reported revenue of £1.77bn in its final results on Tuesday, representing an 11% year-on-year decrease. Read More
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Higher interest rates see Landsec swing into the red
Tuesday 16 May 2023
(Sharecast News) - Land Securities said on Tuesday that it swung to an annual loss after higher interest rates and the weaker economic backdrop hit the value of its properties. Read More
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On The Beach first-half losses narrow
Tuesday 16 May 2023
(Sharecast News) - On The Beach reported a narrowing of its interim losses on Tuesday as revenues grew amid higher passenger bookings. Read More
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Europe open: Shares edge ahead as weak China data mutes sentiment
Tuesday 16 May 2023
(Sharecast News) - European markets opened slightly higher on Tuesday as weaker-than-expected China data prompted fears that the post Covid recovery in the world's second-largest economy was losing st... Read More
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Sales rise but profit flounders at Shoe Zone
Tuesday 16 May 2023
(Sharecast News) - Footwear retailer Shoe Zone reported total first-half revenue of £75.4m on Tuesday, up 7.9% year-on-year, with store revenue ahead 6.8% at £61.1m. Read More
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