Company News
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Co-op Bank profit, income rise on higher interest rates
Friday 28 Apr 2023
(Sharecast News) - Profits and income both jumped at the Co-operative Bank as it became the latest lender to benefit from higher interest rates and borrowing costs. Read More
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Alphawave requests suspension over audit delays
Friday 28 Apr 2023
(Sharecast News) - Shares in Alphawave IP Group tumbled on Friday after the UK chipmaker asked for trading to be suspended over delays to its audit. Read More
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WANdisco fraud probe traces irregularities back to one employee
Friday 28 Apr 2023
(Sharecast News) - WANdisco confirmed on Friday that a potential $14m fraud could be traced back to one rogue employee. Read More
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UK business morale hits 11-month high
Friday 28 Apr 2023
(Sharecast News) - UK business confidence reached a near one-year high in April, a survey showed on Friday, although prices were still forecast to rise. Read More
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Pearson underlying Q1 sales rise 6%; plans £300m buyback in H2
Friday 28 Apr 2023
(Sharecast News) - Education publisher Pearson said it was on track to meet annual guidance and announced a £300m share buyback to start in the second half of the year as underlying group sales rose 6... Read More
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Mears hails record full-year revenues
Friday 28 Apr 2023
(Sharecast News) - Housing and social care provider Mears reported a rise in full-year profit on Friday thanks to a "strong" recovery in revenues. Read More
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Computacenter hails continued strong revenue growth in Q1
Friday 28 Apr 2023
(Sharecast News) - Computacenter said on Friday that it expects to see growth in profitability in 2023 as demand remains strong. Read More
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Morgan Advanced Materials hikes dividend, FY PBT rises
Friday 28 Apr 2023
(Sharecast News) - Manufacturing company Morgan Advanced Materials hiked its full-year dividend payout on Friday as it revealed annual pre-tax profits had risen. Read More
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Deutsche Bank to buy UK broker Numis in £410m deal
Friday 28 Apr 2023
(Sharecast News) - Deutsche Bank said on Friday that it has agreed to buy UK broker Numis in a £410m cash deal Read More
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Tullow Oil in asset swap deal with Perenco
Friday 28 Apr 2023
(Sharecast News) - Tullow Oil has signed an asset swap agreement with Perenco Oil and Gas to optimise its equity ownership across key fields in Gabon through a cashless asset swap, the company said on... Read More
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Hikma upgrades FY guidance, cautious on Sudan impact
Friday 28 Apr 2023
(Sharecast News) - Hikma Pharmaceuticals upgraded full-year guidance after a stronger-than-expected start to the year for its generics business but expressed concern about the impact of the current co... Read More
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Smurfit Kappa Q1 profits rise even as revenues dip
Friday 28 Apr 2023
(Sharecast News) - Corrugated packaging company Smurfit Kappa reported a rise in first-quarter profit on Friday even as sales dipped. Read More
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Prudential posts jump in Q1 sales, new business profit
Friday 28 Apr 2023
(Sharecast News) - Prudential posted a jump in first-quarter sales on Friday as it benefited from the easing of Covid curbs in China. Read More
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Flutter says gambling reforms could cost it up to £100m a year
Thursday 27 Apr 2023
(Sharecast News) - Paddy Power owner Flutter Entertainment said on Thursday that the gambling reforms proposed by the government earlier could cost the company up to £100m a year from 2024. Read More
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Vodafone appoints Margherita Della Valle as CEO
Thursday 27 Apr 2023
(Sharecast News) - Vodafone said on Thursday that it has appointed chief financial officer and interim chief executive Margherita Della Valle as its new CEO. Read More
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Indivior lifts revenue guidance, cuts profit outlook after Opiant deal
Thursday 27 Apr 2023
(Sharecast News) - Opioid addiction treatment maker Indivior lifted its full-year revenue guidance on Thursday but trimmed its outlook for operating profit due to costs related to the acquisition of O... Read More
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Friday preview: US inflation data, NatWest Group in focus
Thursday 27 Apr 2023
(Sharecast News) - All eyes at the end of the week would be on the evolving inflation picture in the US which might put to rest any doubts regarding whether rate-setters would go ahead with another in... Read More
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Barclays holds guidance as Q1 profit jumps 16%; Shares gain
Thursday 27 Apr 2023
(Sharecast News) - Barclays said it was on track to meet full-year guidance as it posted a 16% jump in pre-tax profits driven by growth across all its businesses. Read More
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HSS Hire posts jump in full-year profits
Thursday 27 Apr 2023
(Sharecast News) - Tool and equipment hire company HSS Hire reported a jump in full-year profit on Thursday thanks to double digit like-for-like revenue growth and "effective price and cost management... Read More
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Jefferies rallies as Sumitomo plans to lift stake to 15%
Thursday 27 Apr 2023
(Sharecast News) - Jefferies rallied on Thursday after Sumitomo Financial Group said it plans to raise its stake in the bank to 15% from 4.5% as they expand their strategic alliance. Read More
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