Company News
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Coats shares fall as revenue declines 7%
Wednesday 17 May 2023
(Sharecast News) - Shares in Coats fell on Wednesday as the industrial thread and global footwear component maker held annual guidance, with results expected to be weighted to the second half. Read More
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Melrose Industries upgrades expectations for 2025
Wednesday 17 May 2023
(Sharecast News) - Melrose Industries shot higher on Wednesday after saying that new guidance for 2025 adjusted operating margin "materially" exceeds previous expectations. Read More
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Three energy firms pay out £8m in customer compensation
Wednesday 17 May 2023
(Sharecast News) - Three energy firms have paid out a combined £8m for failing to pay customer compensation on time, the regulator confirmed on Wednesday. Read More
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Target tops first-quarter forecasts but warns of Q2 weakness
Wednesday 17 May 2023
(Sharecast News) - Discount department store giant Target Corporation reported positive first-quarter sales growth on Wednesday despite a challenging business environment, although it warned of a like... Read More
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Asos shoots higher as Frasers Group ups stake
Wednesday 17 May 2023
(Sharecast News) - Asos shares shot higher on Wednesday after Mike Ashley's Frasers Group lifted its voting rights to 7.4% from 5.1%. Read More
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Bank of Georgia reports strong rise in first-quarter income
Wednesday 17 May 2023
(Sharecast News) - Bank of Georgia Group reported a significant increase in first-quarter operating income on Wednesday, as well as robust bottom-line growth, and strong asset quality. Read More
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Capita hit by fresh data breach
Wednesday 17 May 2023
(Sharecast News) - Outsourcing giant Capita has been accused by a client of "unsafe" data storage following an information breach. Read More
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Online estate agent Strike to buy rival Purplebricks for £1
Wednesday 17 May 2023
(Sharecast News) - Beleaguered online estate agent Purplebricks said on Wednesday that it has agreed to be bought by rival Strike for just £1. Read More
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UBS expects $17bn hit from Credit Suisse purchase
Wednesday 17 May 2023
(Sharecast News) - UBS has revealed that the cost of taking over scandal-ridden rival Credit Suisse will result in a financial hit of around $17bn. Read More
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Auction Technology reports significant first-half growth
Wednesday 17 May 2023
(Sharecast News) - Auction Technology Group (ATG) reported significant first-half growth on Wednesday, with revenue rising 17% to £67.3m. Read More
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Strong dollar helps boost revenues at TP ICAP
Wednesday 17 May 2023
(Sharecast News) - TP ICAP Group reported a jump in quarterly revenues on Wednesday, boosted by the strong dollar. Read More
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Ninety One AuM decline in year of 'significant headwinds'
Wednesday 17 May 2023
(Sharecast News) - Ninety One reported a decline in full-year assets under management on Wednesday, saying it had been "a year of significant headwinds". Read More
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AstraZeneca reports positive results in latest lung cancer trials
Wednesday 17 May 2023
(Sharecast News) - AstraZeneca said on Wednesday that its 'FLAURA2' phase three trial had yielded positive high-level results, demonstrating the potential of 'Tagrisso', or osimertinib, combined with ... Read More
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Conduit Holdings posts jump in Q1 gross premiums written
Wednesday 17 May 2023
(Sharecast News) - Conduit Holdings reported a jump in first-quarter gross premiums written on Wednesday as it struck an upbeat note on the outlook. Read More
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Sage Group buoyant after strong first half
Wednesday 17 May 2023
(Sharecast News) - Accounting software specialist Sage Group reported a significant increase in underlying recurring revenue in its first half on Wednesday, driven by robust growth in Sage Business Cl... Read More
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Experian adopts cautious outlook, shares fall
Wednesday 17 May 2023
(Sharecast News) - Shares in Experian fell sharply on Wednesday after the data services firm reported lower full-year profits and adopted a more cautious approach to the current year. Read More
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Savills first half to be impacted by price corrections
Wednesday 17 May 2023
(Sharecast News) - Estate agent Savills said on Wednesday that the first half will be "materially impacted" by "the ongoing recalibration of global investment markets". Read More
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Keller profit, cash performance better than expected
Wednesday 17 May 2023
(Sharecast News) - Geotechnical specialist contractor Keller said trading in the first four months of the year had been better than expected, both in terms of profit and cash. Read More
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British Land portfolio value dented by higher interest rates
Wednesday 17 May 2023
(Sharecast News) - British Land said on Wednesday that the value of its portfolio declined in the year to the end of March as higher interest rates had an impact on property yields. Read More
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De Beers diamond sales fall on sluggish China recovery
Wednesday 17 May 2023
(Sharecast News) - Rough diamond sales at Anglo American's De Beers unit fell to $480m in the fourth cycle of the year compared to $542m in the previous cycle as the Chinese economy rebounded sluggish... Read More
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