Company News
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GXO's takeover of Wincanton could 'reduce choice for supermarkets', says CMA
Wednesday 19 Feb 2025
(Sharecast News) - The Competition and Markets Authority said on Wednesday that GXO's takeover of Wincanton would likely reduce competition and drive costs for supermarkets higher. Read More
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EV truck maker Nikola files for bankruptcy
Wednesday 19 Feb 2025
(Sharecast News) - Heavy-duty electric truck maker Nikola Corporation has filed for Chapter 11 bankruptcy protection and intends to sell off its assets, the American firm announced on Wednesday. Read More
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Director dealings: LPA Group CFO raises stake
Wednesday 19 Feb 2025
(Sharecast News) - LPA Group revealed on Wednesday that chief financial officer Stuart Stanyard had acquired 20,000 ordinary shares in the AIM-listed engineering firm. Read More
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Eco Animal Health sells non-core product lines
Wednesday 19 Feb 2025
(Sharecast News) - Eco Animal Health announced on Wednesday that it has sold certain non-core product lines to its long-term distribution partner in South Africa for £0.49m, further streamlining its f... Read More
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Afentra reports increase in reserves and resources in Angola
Wednesday 19 Feb 2025
(Sharecast News) - Afentra reported an increase in reserves and contingent resources at Block 3/05 in Angola on Wednesday, following an updated competent person's report by ERC Equipoise. Read More
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Global Petroleum applies for new licence to expand Juno project
Wednesday 19 Feb 2025
(Sharecast News) - Global Petroleum announced on Wednesday that it has applied for a new exploration licence, 08/3792, in Western Australia, expanding its Juno project. Read More
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Firering starts quicklime production at Zambia's Limeco
Wednesday 19 Feb 2025
(Sharecast News) - Firering Strategic Minerals announced the start of quicklime production at its Limeco project in Zambia on Wednesday, following the successful firing of its first gasifier and Kiln ... Read More
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Duke Capital makes £1.9m follow-on investment in BPVA Ireland
Wednesday 19 Feb 2025
(Sharecast News) - Duke Capital announced a follow-on investment of £1.9m into BPVA Ireland on Wednesday, bringing its total investment in the company to £20.4m. Read More
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Caledonia Mining appoints ex-Centamin finance chief as new CFO
Wednesday 19 Feb 2025
(Sharecast News) - Caledonia Mining announced the appointment of Ross Jerrard as its new chief financial officer on Wednesday, succeeding Chester Goodburn, who would step down on 24 March after the pu... Read More
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Tracsis tech selected for National Rail PAYG system
Wednesday 19 Feb 2025
(Sharecast News) - Tracsis announced on Wednesday that it has secured a multi-year contract with the Rail Settlement Plan, a division of the Rail Delivery Group, to implement the core 'Tap Converter' ... Read More
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Southwest Airlines agrees to let Elliott buy up to 19.9pc of its shares
Wednesday 19 Feb 2025
(Sharecast News) - Southwest Airlines has amended its cooperation agreement with Elliott Investment Management, it was reported on Wednesday, allowing the activist investor to increase its economic ex... Read More
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China weakness weighs on full-year growth for Philips
Wednesday 19 Feb 2025
(Sharecast News) - Shares in Dutch healthcare technology company Philips were sliding on Wednesday, after it reported modest growth and improved profitability in 2024 amid a sharp decline in Chinese d... Read More
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Tapestry to sell Stuart Weitzman brand to Caleres for $105m
Wednesday 19 Feb 2025
(Sharecast News) - US fashion company Tapestry said on Wednesday that it has agreed to sell its Stuart Weitzman footwear brand to Caleres, a portfolio of consumer-driven footwear brands, for $105m in ... Read More
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Etsy disappoints with Q4 sales miss, shares drop
Wednesday 19 Feb 2025
(Sharecast News) - Shares in American ecommerce marketplace Etsy fell sharply on Wednesday as sales over the key holiday-shopping season missed the mark, though profits came in higher than forecasts. Read More
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Conduit comprehensive income falls despite strong premium growth
Wednesday 19 Feb 2025
(Sharecast News) - Reinsurance specialist Conduit Holdings reported strong premium growth across all segments for 2024 on Wednesday, with gross premiums written rising 24.8% to $1.16bn, although share... Read More
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Glencore mulling move to NY listing; Posts FY loss on weak coal prices
Wednesday 19 Feb 2025
(Sharecast News) - Glencore is mulling ditching its primary listing in the UK in favour of New York or another location where it can "get the right valuation", chief executive Gary Nagle said on Wedne... Read More
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Keystone Law sees FY revenue, profit slightly ahead of market views
Wednesday 19 Feb 2025
(Sharecast News) - AIM-listed Keystone Law Group said on Wednesday that full-year revenue and adjusted pre-tax profit were set to be "slightly ahead" of current market expectations following continued... Read More
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Elon Musk's X valued at $44bn in new fundraising talks - report
Wednesday 19 Feb 2025
(Sharecast News) - Elon Musk's X is reportedly in discussions with investors regarding a fundraising that is valuing the social media company at $44bn. Read More
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Pershing Square revises bid to up stake in Howard Hughes
Wednesday 19 Feb 2025
(Sharecast News) - Bill Ackman's Pershing Square Capital Management revised its offer to increase its stake in Howard Hughes, it emerged on Wednesday, proposing a $900 million deal to acquire 10 milli... Read More
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Beeks Financial trading in line
Wednesday 19 Feb 2025
(Sharecast News) - AIM-listed Beeks Financial said on Wednesday that it traded in line with board expectations in the six months to the end of December 2024. Read More
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