Company News
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Wood Group Q1 EBITDA rises but revenues fall
Thursday 09 May 2024
(Sharecast News) - Wood Group posted a rise in first-quarter EBITDA but a drop in revenue on Thursday, a day after saying it had rejected a £1.4bn takeover proposal from Dubai-based Sidara. Read More
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FX movements wipe $1bn off Airtel's top line
Thursday 09 May 2024
(Sharecast News) - Africa-focused telecoms group Airtel was hit hard by a drop in the Nigerian naira in the year to 31 March, with a $549m negative FX headwind pushing it into the red on a pre-tax bas... Read More
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IMI Q1 revenues rise 4%; FY guidance held
Thursday 09 May 2024
(Sharecast News) - Specialist engineering firm IMI on Thursday said trading remained in line with expectations as first-quarter revenue rose 4% year on year. Read More
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Director dealings: Keywords Studios director makes share purchase
Wednesday 08 May 2024
(Sharecast News) - Keywords Studios revealed on Wednesday that non-executive director Don Robert had acquired 4,700 ordinary shares in the AIM-listed video game industry services company. Read More
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Thursday preview: Bank of England, China trade data in the spotlight
Wednesday 08 May 2024
(Sharecast News) - The Bank of England's latest policy decision will be front and centre on Thursday with quite a few economists - albeit not all - increasingly anticipating interest rate cuts sooner ... Read More
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UK's CMA to investigate GXO's acquisition of Wincanton
Wednesday 08 May 2024
(Sharecast News) - The UK's Competition and Markets Authority said on Wednesday that it was launching an investigation into GXO Logistics' £762m acquisition of Wincanton, which completed at the end of... Read More
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Shell sells Singapore refinery to Glencore joint venture
Wednesday 08 May 2024
(Sharecast News) - Energy giant Shell has announced that it is selling its interest in Singapore's Energy and Chemicals Park, the company's largest petrochemical production and export centre in Asia P... Read More
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Uber shares fall on first-quarter update
Wednesday 08 May 2024
(Sharecast News) - Shares in Uber Technologies fell sharply on Wednesday, after quarterly numbers disappointed. Read More
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Mike Ashley's Fraser close to tie-up with Ted Baker - report
Wednesday 08 May 2024
(Sharecast News) - Mike Ashley is reportedly close to securing a deal to become the new British partner of struggling UK fashion chain Ted Baker. Read More
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Puma sales inch higher on DTC surge
Wednesday 08 May 2024
(Sharecast News) - Puma's share price rose strongly on Wednesday after the sporting goods manufacturer delivered an in-line first-quarter performance, with surging direct-to-consumer (DTC) sales makin... Read More
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Acuity RM enters partnership with BSI Group
Wednesday 08 May 2024
(Sharecast News) - Software company Acuity RM announced a significant partnership between its subsidiary Acuity Risk Management (ARML) and BSI Group on Wednesday. Read More
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AFC Energy chooses Illuming Power as manufacturing partner
Wednesday 08 May 2024
(Sharecast News) - Hydrogen power generation technology specialist AFC Energy announced the selection of North American manufacturer Illuming Power as its primary producer of fuel cell plates and stac... Read More
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BNP Paribas searching for buyer for Strutt and Parker - report
Wednesday 08 May 2024
(Sharecast News) - BNP Paribas is reportedly looking for a buyer for Strutt and Parker, having bought the upmarket UK estate agent seven years ago. Read More
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Wood Group surges after rejecting 205p a share takeover proposal from Sidara
Wednesday 08 May 2024
(Sharecast News) - Wood Group surged on Wednesday after saying it had rejected a 205p a share takeover proposal from Dubai-based engineering and consulting company Sidara, valuing it at more than £1.4... Read More
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TSB to cut jobs, close branches
Wednesday 08 May 2024
(Sharecast News) - British high street lender TSB is to cut more than 200 jobs and close branches, it was confirmed on Wednesday. Read More
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PetroTal to acquire 100% interest in Peru's Block 131
Wednesday 08 May 2024
(Sharecast News) - PetroTal announced the signing of a definitive agreement to acquire a 100% working interest in Block 131 in Peru on Wednesday, including the producing Los Angeles field, through the... Read More
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Butterfield out, Sedgwick in as Alliance Pharma CEO
Wednesday 08 May 2024
(Sharecast News) - Alliance Pharma announced a significant leadership transition on Wednesday, with chief executive Peter Butterfield stepping down from his role to pursue other business interests. Read More
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MaxCyte reports strong first quarter
Wednesday 08 May 2024
(Sharecast News) - MaxCyte reported total first-quarter revenue of $11.3m in an update on Wednesday, making for a 32% increase compared to the same period in 2023. Read More
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Andrews Sykes profit rises, revenue falls
Wednesday 08 May 2024
(Sharecast News) - Shares in Andrews Sykes Group were in the green on Wednesday, after it reported a mixed set of results for the 2023 financial year. Read More
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Toyota projects fall in profits after bumper fourth quarter
Wednesday 08 May 2024
(Sharecast News) - Toyota Motor projected a 20% decrease in profit for the current financial year on Wednesday, as it planned large investments in both suppliers and strategic initiatives after a stro... Read More
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