Company News
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Supermarket REIT lifts stake in Sainsbury's portfolio to 51%
Thursday 12 Jan 2023
(Sharecast News) - Supermarket Income REIT said it had bought a 25.5% stake in the Sainsbury's Reversion Portfolio (SRP) for £196m from British Airways Pension Trustees, taking its holding to 51%. Read More
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Tesco posts bumper festive sales
Thursday 12 Jan 2023
(Sharecast News) - Tesco reiterated full-year profit guidance on Thursday as the supermarket chain posted strong Christmas sales. Read More
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Thursday preview: US CPI, M&S in the spotlight
Wednesday 11 Jan 2023
(Sharecast News) - All eyes on Thursday were expected to be on the latest US consumer price data. Read More
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Director dealings: Seeing Machines CFO makes share purchase
Wednesday 11 Jan 2023
(Sharecast News) - Seeing Machines revealed on Wednesday that chief financial officer Martin Ive had acquired 900,000 ordinary shares in the AIM-listed technology group. Read More
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Royal Mail hit by cyber attack
Wednesday 11 Jan 2023
(Sharecast News) - Royal Mail said on Wednesday that it has been hit by "severe disruption" following a cyber incident. Read More
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Paperchase up for sale again - report
Wednesday 11 Jan 2023
(Sharecast News) - Cards and stationery retailer Paperchase has reportedly been put up for sale just four months after its latest change of ownership. Read More
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Direct Line cancels dividend, shares tumble
Wednesday 11 Jan 2023
(Sharecast News) - Direct Line shares tumbled on Wednesday after the insurer said it was axing its final dividend for 2022 as it took a hit from claims related to severe cold weather and increases in ... Read More
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Wednesday preview: Sainsbury in the spotlight
Wednesday 11 Jan 2023
(Sharecast News) - Investors would have little to chew on in the middle of the week in terms of fresh economic data. Read More
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FCA launches consultation on struggling insurance customers
Wednesday 11 Jan 2023
(Sharecast News) - The financial watchdog has launched a consultation over how insurance companies support struggling customers. Read More
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Strikes can continue for 'long haul', rail unions warn MPs
Wednesday 11 Jan 2023
(Sharecast News) - Rail unions have warned MPs that there is no immediate end in sight to their increasingly bitter dispute over pay and working conditions. Read More
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JD Sports sees FY ahead of guidance after bumper Christmas
Wednesday 11 Jan 2023
(Sharecast News) - JD Sports Fashion said it expected annual profits to be at the top end of expectations after revenues grew by more than a fifth over the Christmas period. Read More
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Heathrow passenger numbers soar in 2022 as Covid curbs axed
Wednesday 11 Jan 2023
(Sharecast News) - Passenger numbers at Britain's Heathrow airport surged in 2022 after the country scrapped all Covid-19 travel restrictions Read More
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Nichols FY revenues up 14%
Wednesday 11 Jan 2023
(Sharecast News) - Soft drinks group Nichols said on Wednesday that revenues had risen in the 12 months ended 31 December, driven by a strong second-half performance. Read More
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Warpaint sees FY results ahead of expectations
Wednesday 11 Jan 2023
(Sharecast News) - Warpaint said on Wednesday that full-year results were set to be ahead of its expectations as strong trading continued into the fourth quarter. Read More
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Sales surge at Ten Entertainment
Wednesday 11 Jan 2023
(Sharecast News) - Ten Entertainment Group posted a surge in full-year sales on Wednesday, following the tenpin bowling specialist's "strongest ever" trading performance. Read More
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Barratt sees 'marked slowdown' in UK housing market
Wednesday 11 Jan 2023
(Sharecast News) - Barratt Developments flagged a more uncertain outlook on Wednesday following a "marked slowdown" in the UK housing market. Read More
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Lookers raises FY pre-tax profit guidance following 'strong close' to 2022
Wednesday 11 Jan 2023
(Sharecast News) - Car dealership chain Lookers hiked full-year underlying pre-tax profit guidance on Wednesday following a "strong close to the year". Read More
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Shares plunge as Reach warns on profits
Wednesday 11 Jan 2023
(Sharecast News) - Shares in Reach plunged in early trading on Wednesday, after the newspaper publisher warned on profits and pledged to cut costs by "at least" £30m. Read More
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Standard Chartered exploring alternatives for aviation unit
Wednesday 11 Jan 2023
(Sharecast News) - Standard Chartered said on Wednesday that it plans to explore alternatives for the future ownership of its aviation finance business. Read More
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Topps Tiles quarterly sales up 10.2%
Wednesday 11 Jan 2023
(Sharecast News) - Floorings specialist Topps Tiles said on Wednesday that group sales in the 13 weeks to 31 December were 10.2% higher year-on-year. Read More
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