Company News
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Total revenues tumble as Yourgene winds down Covid services
Thursday 03 Nov 2022
(Sharecast News) - Molecular diagnostics specialist Yourgene said in a trading update on Thursday that its first-half core revenues were up 14% year-on-year at £8m. Read More
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Peloton reports first-quarter loss, forecasts weaker holiday sales
Thursday 03 Nov 2022
(Sharecast News) - Peloton Interactive quarterly losses came in at almost double market expectations on Thursday, as the ailing smart exercise equipment maker took the wraps off a seriously weak holid... Read More
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KKR said to be frontrunner for Vodafone's towers unit
Thursday 03 Nov 2022
(Sharecast News) - Private equity firm KKR is reportedly seen as the party to beat as it competes with Cellnex Telecom in the final race for a stake in Vodafone's towers unit, Vantage Towers. Read More
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Life Science REIT set to move shares to main market
Thursday 03 Nov 2022
(Sharecast News) - Life Science REIT announced on Thursday that, in accordance with the intention it expressed at its initial public offering on AIM, it had decided to apply for its existing shares to... Read More
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PetroTal announces testing success at well 13H
Thursday 03 Nov 2022
(Sharecast News) - PetroTal announced the successful testing results of well 13H, its 13th producing well, on Thursday, reporting that it tested at about 8,000 barrels of oil per day over its first we... Read More
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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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