Company News
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Orosur Mining reports positive drill results from Anza Project
Friday 13 Dec 2024
(Sharecast News) - Orosur Mining reported positive drill results from its ongoing exploration at the Anzá Project in Colombia on Friday, which is now wholly owned by the company following its recent a... Read More
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Kosmos in 'very preliminary' talks over Tullow takeover
Friday 13 Dec 2024
(Sharecast News) - US-based Kosmos Energy has confirmed it is in "very preliminary" talks with Tullow Oil about a possible takeover of the oil and gas exploration company. Read More
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TT Electronics confident of financial framework after Volex abandons takeover talks
Friday 13 Dec 2024
(Sharecast News) - Electronic components manufacturer TT Electronics said it continues to have confidence in its medium-term financial framework after Volex backed out of a takeover pursuit of the ele... Read More
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Hutchmed to receive $10m milestone payment from partner Takeda
Friday 13 Dec 2024
(Sharecast News) - Hutchmed China announced on Friday that it would receive a $10m milestone payment from its partner Takeda, following a national reimbursement recommendation for 'Fruzaqla', or fruqu... Read More
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WH Ireland pre-tax losses narrow amid 'challenging market backdrop'
Friday 13 Dec 2024
(Sharecast News) - Financial services business WH Ireland said on Friday that pre-tax losses had narrowed in the six months ended 30 September after the "challenging market backdrop" had "another sign... Read More
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Impax shares slide as it loses sole SJP mandate
Friday 13 Dec 2024
(Sharecast News) - Shares in Impax Asset Management were sliding on Friday, after it announced the upcoming termination of its mandate to manage the Sustainable & Responsible Equity Fund (SRE) for St ... Read More
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XXL to go ahead with rights issue as Frasers bid unlikely to succeed
Friday 13 Dec 2024
(Sharecast News) - Norwegian sportswear retailer XXL said on Friday that it would go ahead with a rights issue as a takeover offer from Mike Ashley's Frasers Group's was unlikely to succeed. Read More
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Chapel Down appoints new CEO as CFO steps down
Friday 13 Dec 2024
(Sharecast News) - Chapel Down Group announced the appointment of James Pennefather as its new chief executive officer on Friday, effective 1 February. Read More
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Boohoo urges shareholders to vote against Mike Ashley board appointment
Friday 13 Dec 2024
(Sharecast News) - Boohoo's board responded to the latest chapter in its dispute with Frasers Group on Friday, opposing the latter's desired board appointments, citing what it called "irreconcilable c... Read More
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Portmeirion issues profit warning amid 'challenging and unpredictable market conditions'
Friday 13 Dec 2024
(Sharecast News) - Pottery business Portmeirion warned on Friday that both revenue and pre-tax profits for the year ending 31 December were now expected to be below market expectations. Read More
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Royal Mail fined £10.5m for missing delivery targets
Friday 13 Dec 2024
(Sharecast News) - Royal Mail has been fined £10.5m by the communications regulator Ofcom for failing to meet delivery targets for first and second-class mail in the 2023-2024 financial year. Read More
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German exports fall by more than expected 2.8% in October
Friday 13 Dec 2024
(Sharecast News) - German exports in October fell by a more-than-expected 2.8% and imports dropped 0.1% month on month on a seasonally adjusted basis, according to official data published on Friday. Read More
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Schroders reportedly looking to offload Indonesian unit
Friday 13 Dec 2024
(Sharecast News) - UK-based asset manager Schroders is reportedly looking to sell its Indonesian business as it considers exiting some sub-scale markets under new boss Richard Oldfield. Read More
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UK consumer confidence ticks higher - GfK
Friday 13 Dec 2024
(Sharecast News) - UK consumer confidence nudged modestly higher in December, a long-running survey showed on Friday. Read More
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Tullow Oil in preliminary talks over potential takeover by Kosmos
Thursday 12 Dec 2024
(Sharecast News) - Tullow Oil confirmed on Thursday that it is in preliminary talks with Kosmos Energy about a possible all-share offer for the oil and gas exploration company. Read More
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UK energy firms must offer 'zero' standing charge tariffs - Ofgem
Thursday 12 Dec 2024
(Sharecast News) - UK energy suppliers have been ordered to offer customers a zero standing charge tariff by next winter after intense criticism of the controversial fees. Read More
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Director dealings: Ashtead CEO snaps up shares
Thursday 12 Dec 2024
(Sharecast News) - Ashtead revealed on Thursday that chief executive officer Brendan Horgan had acquired 4,000 ordinary shares in the FTSE 100-listed industrial equipment rental firm. Read More
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Helix confirms helium discovery at Rudyard Project
Thursday 12 Dec 2024
(Sharecast News) - Helix Exploration confirmed a commercial helium discovery at its Darwin #1 well, part of the Rudyard Project within the Montana Helium Fairway, on Thursday. Read More
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Friday preview: UK GDP, consumer confidence in the spotlight
Thursday 12 Dec 2024
(Sharecast News) - Investors' focus at the end of the week will be on a reading for UK gross domestic product covering the month of October. Read More
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Orcadian strikes farm-out deal for Earlham and Orwell
Thursday 12 Dec 2024
(Sharecast News) - Orcadian Energy announced a farm-out agreement for a 50% stake in its Earlham and Orwell gas projects to the Marine Low Carbon Power Company (MLCP) on Thursday. Read More
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