Company News
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Quartix flags solid first-half subscription growth
Monday 08 Jul 2024
(Sharecast News) - Vehicle tracking specialist Quartix Technologies said in a trading update on Monday that it expected to report first-half revenue of £16m, adjusted EBITDA of £2.6m, pre-tax profit o... Read More
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Angus Energy Q2 revenues seen at roughly £4.9m
Monday 08 Jul 2024
(Sharecast News) - Onshore energy transition business Angus Energy said on Monday that second-quarter revenues were expected to come to roughly £4.90m after only minor servicing to two compressor engi... Read More
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Biome warns of ongoing slowness in bioplastics division
Monday 08 Jul 2024
(Sharecast News) - Bioplastics and radio frequency technology specialist Biome Technologies reported challenges in its bioplastics division, alongside positive developments in its Stanelco RF technolo... Read More
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Huddled acquires stock clearance retailer Boop Beauty
Monday 08 Jul 2024
(Sharecast News) - E-commerce specialist Huddled Group announced the acquisition of a 75% controlling stake in Boop Beauty on Monday. Read More
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Jangada upbeat on progress at investee Blencowe
Monday 08 Jul 2024
(Sharecast News) - Natural resources developer Jangada Mines highlighted significant advancements made by Blencowe Resources, in which it holds a 10% stake, on Monday. Read More
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Marston's disposes of stake in Carlsberg JV
Monday 08 Jul 2024
(Sharecast News) - Wolverhampton-based company Marston's has disposed of its 40% stake in its brewing joint venture with Carlsberg to become a business entirely focused on pubs. Read More
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Delivery Hero facing potential €400m antitrust fine, shares tumble
Monday 08 Jul 2024
(Sharecast News) - Delivery Hero tumbled on Monday after saying it might face a fine of more than €400m for alleged anti-competitive behaviour. Read More
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Macfarlane buys foam packaging firm Polyformes for £11.5m
Monday 08 Jul 2024
(Sharecast News) - Scottish packaging firm Macfarlane Group announced on Monday it is spending £11.5m to buy foam specialist Polyformes. Read More
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Seeing Machines buys Asaphus Vision, partners with Valeo
Monday 08 Jul 2024
(Sharecast News) - Driver monitoring technology specialist Seeing Machines announced a collaboration with global automotive supplier Valeo on Monday, complemented by the acquisition of Asaphus Vision,... Read More
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ITM Power inks 500MW capacity reservation deal
Monday 08 Jul 2024
(Sharecast News) - ITM Power announced a significant capacity reservation agreement with a major global industrial customer on Monday, securing 500MW of future production capacity for ITM Power's adva... Read More
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Ferrexpo delivers best H1 production since Russia's invasion of Ukraine
Monday 08 Jul 2024
(Sharecast News) - Mining company Ferrexpo said on Monday that production levels had surged in the six months ended 30 June and led to its best performance since Russia's full-scale invasion of Ukrain... Read More
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Unite Group confident amid strong student demand
Monday 08 Jul 2024
(Sharecast News) - Student accommodation provider Unite Group issued a promising update on current trading and property valuations on Monday, as it anticipated nearly full occupancy and significant re... Read More
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Boeing to plead guilty to criminal fraud over 737 Max crashes in deal with DoJ
Monday 08 Jul 2024
(Sharecast News) - Troubled aircraft maker Boeing on Sunday pleaded guilty to a felony charge of conspiring to defraud the US government over two fatal crashes of its 737 Max in 2018 and 2019, accordi... Read More
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Plus500 backs FY expectations after 'strong' first half
Monday 08 Jul 2024
(Sharecast News) - Plus500 backed its full-year expectations on Monday after a "strong" first-half performance despite "difficult" market conditions. Read More
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Burberry reportedly cutting "hundreds" of jobs
Monday 08 Jul 2024
(Sharecast News) - British high-end fashion group Burberry is expected to announce "hundreds" of job cuts in the UK as part of a cost-cutting programme following a massive drop in its share price sinc... Read More
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Britvic agrees to Carlsberg's sweetened £3.3bn offer
Monday 08 Jul 2024
(Sharecast News) - Danish brewing giant Carlsberg on Monday said it had reached a deal to buy UK soft drinks maker Britvic for £3.3bn after two previous bids were rejected. Read More
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HG Capital Trust offloads stake in TeamSystem
Monday 08 Jul 2024
(Sharecast News) - HgCapital Trust said it had agreed the sale of its remaining investment in business software company TeamSystem, to funds advised by Hellman & Friedman for an undisclosed sum Read More
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Ocado to build third factory in Japan with online grocer AEON
Monday 08 Jul 2024
(Sharecast News) - Online grocery group Ocado is planning to build a third customer fulfilment centre (CFC) in Japan as part of its ongoing partnership with Japanese peer AEON. Read More
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Crest Nicholson 'not currently minded' to engage with Avant Homes after merger proposal
Friday 05 Jul 2024
(Sharecast News) - Crest Nicholson said on Friday that it had received "unsolicited, preliminary, indicative proposals" from Avant Homes about a potential all-share combination but that it was "not cu... Read More
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ADM Energy reports progress at JKT Reclamation
Friday 05 Jul 2024
(Sharecast News) - ADM Energy updated the market on operations at JKT Reclamation on Friday - an oil reclamation business in which ADM holds a 30.6% economic interest. Read More
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