Company News
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Aviva seals £3.75m Direct Line deal, but jobs at risk in cost-cutting drive
Monday 23 Dec 2024
(Sharecast News) - Aviva said it had struck a deal to buy troubled insurance rival Direct Line for £3.75bn after intensive talks over the weekend but warned it would be looking for cost savings via jo... Read More
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Xerox to buy Lexmark in $1.5bn deal
Monday 23 Dec 2024
(Sharecast News) - Xerox Holdings said on Monday that it has agreed to buy printer maker Lexmark International in a deal $1.5bn deal. Read More
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ECR signs non-binding deal to sell Mercator Gold Australia
Monday 23 Dec 2024
(Sharecast News) - ECR Minerals announced on Monday that it has signed a non-binding agreement with Octo Holdings for the potential sale of its wholly-owned subsidiary, Mercator Gold Australia (MGA). Read More
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Hummingbird urges shareholders to vote in line amid cash crisis
Monday 23 Dec 2024
(Sharecast News) - Hummingbird Resources updated the market on its operational and financial position on Monday, revealing significant underperformance at its Kouroussa and Yanfolila gold mines and wa... Read More
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Proteome Sciences gives bullish outlook for 2025
Monday 23 Dec 2024
(Sharecast News) - Shares in drug development services group Proteome Sciences rose on Monday after the company said 2024 results should reflect a good recovery and that its pipeline is looking strong... Read More
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BNP Paribas signs deal to buy AXA IM for €5.1bn
Monday 23 Dec 2024
(Sharecast News) - French banking giant BNP Paribas has purchased the investment management arm of AXA for €5.1bn, taking over €850bn of assets under management. Read More
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Orosur releases promising assay results from Pepas prospect
Monday 23 Dec 2024
(Sharecast News) - Orosur Mining announced promising assay results from the Pepas prospect at its flagship Anzá Project in Colombia on Monday. Read More
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Seeing Machines secures £26.2m strategic investment
Monday 23 Dec 2024
(Sharecast News) - Computer vision technology group Seeing Machines has secured a £26.2m strategic investment from Mitsubishi Electric Mobility as part of a collaboration agreement between the pair. Read More
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Gemfields shares slide as it addresses market challenges
Monday 23 Dec 2024
(Sharecast News) - Gemfields announced a series of measures to address significant challenges affecting its business on Monday, while maintaining a focus on the completion of its second ruby processin... Read More
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Haydale Graphene reviews operations, appoints new CEO
Monday 23 Dec 2024
(Sharecast News) - Haydale Graphene Industries announced on Monday that it has completed a comprehensive business review and unveiled a strategy aimed at achieving near-term profitability while focusi... Read More
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Good Energy extends deadline for potential offer from Esyasoft
Monday 23 Dec 2024
(Sharecast News) - Good Energy Group announced an extension to the deadline for Esyasoft Holding to decide on a potential offer for the company on Monday. Read More
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NAHL Group in final discussions to sell Bush & Co
Monday 23 Dec 2024
(Sharecast News) - NAHL Group updated the market on the potential sale of Bush & Co, its critical care division, on Monday, confirming ongoing discussions with final bidders. Read More
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Falcon Oil drills Shenandoah South Pilot Project well
Monday 23 Dec 2024
(Sharecast News) - Falcon Oil & Gas announced on Monday that it has successfully drilled the Shenandoah S2-4H (SS4H) well in the Beetaloo Sub-basin of Australia's Northern Territory as part of its She... Read More
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ITM Power to supply three NEPTUNE V units to German company
Monday 23 Dec 2024
(Sharecast News) - Energy storage and clean fuel company ITM Power has signed a contract to supply three NEPTUNE V units, totalling 15 megawatts, to a family-owned private German company. Read More
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Nissan and Honda announce plans to merge in 2026
Monday 23 Dec 2024
(Sharecast News) - Japanese auto giants Nissan and Honda have announced plans to merge their businesses into one in 2026 following recent speculation surrounding a possible tie-up. Read More
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UK consumer confidence falls in December ahead of January 'spending squeeze' - BRC
Monday 23 Dec 2024
(Sharecast News) - UK consumer confidence fell sharply in December, according to the British Retail Consortium, which said retailers will now likely find themselves facing a "spending squeeze" in the ... Read More
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Boohoo sells London office for £49.5m
Monday 23 Dec 2024
(Sharecast News) - Online fashion retailer Boohoo said on Monday that it has completed the sale of its London office, located on Great Pulteney Street, Soho, for £49.5m in cash. Read More
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Zephyr Energy signs Nabors rig contract for Utah project
Monday 23 Dec 2024
(Sharecast News) - Rocky Mountains-focused oil group Zephyr Energy has signed a rig contract with American drill contracts Nabors at its flagship project in the Paradox Basin, Utah. Read More
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Frasers to make fresh proposal after Boohoo shareholders reject Ashley
Monday 23 Dec 2024
(Sharecast News) - Frasers Group responded to the outcome of Boohoo's Friday shareholder vote on Monday, after it saw the rejection of the proposed board appointments of Frasers' Mike Ashley and restr... Read More
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Petrofac enters into binding agreement with creditors on restructuring terms
Monday 23 Dec 2024
(Sharecast News) - Petrofac said it had entered into a binding agreement with key financial creditors on the terms of a comprehensive restructuring "to significantly strengthen the financial position ... Read More
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