Company News
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Lancashire gross written premiums reach first-quarter record
Thursday 27 Apr 2023
(Sharecast News) - Bermuda-domiciled insurer Lancashire reported a 22.7% increase in first-quarter gross premiums written compared to the same period last year on Thursday, reaching $586.2m. Read More
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Deutsche Boerse offers to buy SimCorp for €3.9bn, shares surge
Thursday 27 Apr 2023
(Sharecast News) - Deutsche Boerse said on Thursday that it has offered to buy Danish software maker SimCorp for DKK29bn (€3.9bn). Read More
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Telecom Plus delivers 'record year of growth'
Thursday 27 Apr 2023
(Sharecast News) - Multi-utility supplier Telecom Plus said on Thursday that it had delivered a "record year of growth", with almost 160,000 further households signing up with the business. Read More
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Inchcape upbeat on solid first quarter of trading
Thursday 27 Apr 2023
(Sharecast News) - Automotive distributor Inchcape reported a positive start to the year in a first-quarter update on Thursday, with its full-year results set to be in line with published market conse... Read More
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St James's Place reports slowdown in Q1 net inflows
Thursday 27 Apr 2023
(Sharecast News) - St.James's Place reported a rise in its funds under management during the first quarter, despite the difficult comparisons with its strong year earlier performance. Read More
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Glencore expects Teck's withdrawal of separation proposal to unlock value
Thursday 27 Apr 2023
(Sharecast News) - Mining company Glencore applauded Canadian miner Teck's decision to withdraw its separation proposal on Thursday, stating that "a simple and direct approach to separation" would pro... Read More
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Spectris holds guidance as Q1 sales rise 24% on strong order book
Thursday 27 Apr 2023
(Sharecast News) - Precision instrument maker Spectris held annual guidance as first quarter sales rose 24% driven by a strong order book and easing of supply chain constraints. Read More
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Ibstock Q1 EBITDA 'marginally ahead' despite subdued demand environment
Thursday 27 Apr 2023
(Sharecast News) - Ibstock said on Thursday that first-quarter EBITDA was marginally ahead of its expectations despite a "subdued" demand environment in both the residential new build and repair, main... Read More
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EMA adopts 'positive opinion' of GSK's RSV vaccine candidate
Thursday 27 Apr 2023
(Sharecast News) - GSK updated the market on its respiratory syncytial virus (RSV) vaccine candidate for older adults on Thursday, reporting that the European Medicines Agency's (EMA) Committee for Me... Read More
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Howden Joinery 'on track' after encouraging start to 2023
Thursday 27 Apr 2023
(Sharecast News) - Trade kitchen and joinery supplier Howden Joinery said on Thursday that it was on track to meet expectations for the year after an "encouraging" start to 2023. Read More
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Unilever maintains dividend after strong first quarter
Thursday 27 Apr 2023
(Sharecast News) - Consumer goods giant Unilever described a strong start to the year on Thursday, with underlying sales growth of 10.5% in the first quarter. Read More
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Weir delivers 'strong execution' in Q1, orders grow
Thursday 27 Apr 2023
(Sharecast News) - Engineering company Weir said on Thursday that it had delivered both "order growth and strong execution" in the first quarter, with its margin expansion programme said to be on trac... Read More
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Glencore buys stake in Brazil assets from Norsk Hydro for $700m
Thursday 27 Apr 2023
(Sharecast News) - Miner and commodities trader Glencore said it was buying a 30% stake in Brazilian alumina refinery Alunorte and a 5% stake in bauxite producer Mineracao Rio do Norte from Norwegian ... Read More
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Taylor Wimpey backs FY guidance as it points to recovery in demand
Thursday 27 Apr 2023
(Sharecast News) - Housebuilder Taylor Wimpey backed its full-year guidance on Thursday as it pointed to a continued recovery in demand from the low levels experienced towards the end of last year. Read More
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Schroders posts rise in Q1 AuM
Thursday 27 Apr 2023
(Sharecast News) - Fund manager Schroders reported a rise in its assets under management for the first three months of 2023. Read More
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DS Smith sees FY in line as prices offset lower volumes
Thursday 27 Apr 2023
(Sharecast News) - Paper and packaging group held full-year guidance as higher prices offset forecast lower volumes. Read More
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WPP backs FY guidance as Q1 sales rise
Thursday 27 Apr 2023
(Sharecast News) - Advertising giant WPP backed its full-year guidance on Thursday as it posted a rise in first-quarter sales. Read More
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AstraZeneca beats Q1 estimates
Thursday 27 Apr 2023
(Sharecast News) - AstraZeneca posted better-than-expected first quarter results and reiterated its full-year guidance. Read More
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RS Group buys Distrelec for €365m
Thursday 27 Apr 2023
(Sharecast News) - RS Group said it had bought Distrelec, a distributor of industrial and maintenance, repair and operations products for €365m (£323m) on a cash-free and debt-free basis. Read More
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Thursday preview: US Q1 GDP, Sainsbury in the spotlight
Wednesday 26 Apr 2023
(Sharecast News) - All eyes on Thursday would be on a first estimate for US economic growth at the start of 2023. Read More
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