Company News
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Checkit proposes merger with rival Crimson Tide
Tuesday 04 Jun 2024
(Sharecast News) - Software business Checkit announced plans to merge with rival Crimson Tide on Tuesday, stating the acquisition would help both companies create "a scaled workflow software company". Read More
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Card spending at three-year low as consumers rein in non-essential purchases
Tuesday 04 Jun 2024
(Sharecast News) - Spending growth on UK credit and debit cards slowed to its lowest in more than three years in May as consumers cut back on discretionary spending, especially on non-essential food a... Read More
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LondonMetric ups divi as M&A drives solid profit growth
Tuesday 04 Jun 2024
(Sharecast News) - FTSE 250-listed real estate investment trust LondonMetric saw profits and rental income both rise by more than 20% in the year to 31 March, helping the company to increase its divid... Read More
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Brookfield Asset Management considering offer for Tritax Eurobox
Tuesday 04 Jun 2024
(Sharecast News) - Tritax Eurobox gained on Tuesday after Brookfield Asset Management said it was in the early stages of assessing a possible cash offer for the company. Read More
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Chemring H1 profit hit by disruption in Countermeasures
Tuesday 04 Jun 2024
(Sharecast News) - Chemring hailed a record interim order book on Tuesday but posted a drop in underlying profit as its Tennessee countermeasures business was hit by adverse weather conditions. Read More
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British American Tobacco retains guidance, eyes H2 improvement
Tuesday 04 Jun 2024
(Sharecast News) - Cigarettes, tobacco and vape manufacturer British American Tobacco said it remains on track to hit guidance this year despite first-half underlying revenues and adjusted profits fal... Read More
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Vistry to build 1,750 homes in £580m deal with Blackstone, Regis
Tuesday 04 Jun 2024
(Sharecast News) - Vistry has agreed terms with private equity giant Blackstone and property investor Regis Group to buy a portfolio of new build homes in the south-east of England with a gross develo... Read More
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Wizz Air May passenger numbers rise 2.1%
Tuesday 04 Jun 2024
(Sharecast News) - Budget carrier Wizz Air said May passenger numbers rose 2.1% although capacity was still impacted by the grounding of 45 Airbus aircraft due to issues with their Pratt & Whitney GTF... Read More
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Director dealings: Victrex CEO ups stake
Monday 03 Jun 2024
(Sharecast News) - Victrex revealed on Monday that chief executive officer Jakob Sigurdsson has acquired 3,000 ordinary shares in the London-listed polymer solutions business. Read More
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Germany's FTI Group files for insolvency as bookings slump
Monday 03 Jun 2024
(Sharecast News) - Europe's third-largest tour operator FTI Group said it had filed for insolvency in the Munich regional court today, as it suffered from falling bookings. Read More
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Frasers appoints former FRC, HMRC CEO Jon Thompson as non-exec
Monday 03 Jun 2024
(Sharecast News) - Mike Ashley's Frasers Group said on Monday that it has appointed Sir Jon Thompson, former chief executive officer of the Financial Reporting Council, as a non-executive director. Read More
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Raspberry Pi hoping to raise £157m in London IPO
Monday 03 Jun 2024
(Sharecast News) - Low-cost single-board and modular computer maker Raspberry Pi announced on Monday that it is looking to raise around £157m in its stock-market debut in London next week. Read More
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Franchise Brands ups FY dividend payout, underlying earnings seen at top end of guidance
Monday 03 Jun 2024
(Sharecast News) - Multi-brand franchise business Franchise Brands said on Monday that it will look to up its full-year dividend payout as it now expects to report adjusted underlying earnings at the ... Read More
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GSK shares slump as US judge says experts can testify in Zantac cases
Monday 03 Jun 2024
(Sharecast News) - GSK shares were down almost 10% on Monday after a US court ruled that jury trials could hear expert witnesses in 70,000 cases brought by cancer sufferers claiming its Zantac heartbu... Read More
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Strip Tinning names Mark Perrins as group CEO
Monday 03 Jun 2024
(Sharecast News) - Connection systems supplier Strip Tinning has appointed Mark Perrins as group chief executive officer, joining the board of directors with immediate effect. Read More
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Hvivo scores £2.5m contract for Omicron characterisation study
Monday 03 Jun 2024
(Sharecast News) - Contract research organisation Hvivo has secured a £2.5m contract with a mid-sized pharmaceutical company to initiate an Omicron characterisation study after the manufacture of its ... Read More
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MP Evans purchases minority stakes in Indonesian subsidiaries
Monday 03 Jun 2024
(Sharecast News) - Palm oil producer MP Evans has purchased a 5% minority holding in the majority of its Indonesian subsidiary trading companies. Read More
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Blackstone increases Hipgnosis offer
Monday 03 Jun 2024
(Sharecast News) - US private equity firm Blackstone has upped its bid for embattled music rights publisher Hipgnosis as it looks to change its takeover offer to a so-called 'scheme of arrangement'. Read More
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Chill Brands shares suspended as inside-information probe continues
Monday 03 Jun 2024
(Sharecast News) - UK vape maker Chill Brands announced on Monday that its shares have been suspended from trade as it continues to investigate claims around the use of inside information by its suspe... Read More
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WH Ireland to sell capital markets business to Zeus for up to £5m
Monday 03 Jun 2024
(Sharecast News) - WH Ireland said on Monday that it has agreed to sell its capital markets business to investment bank Zeus Capital for up to £5m. Read More
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