Company News
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Chemring gets €66m from EU to boost shell production
Monday 18 Mar 2024
(Sharecast News) - UK defence contractor Chemring said it had received €66.7m (£57m) from the European Union as part of a €513m funding round to enhance ammunition production capacity. Read More
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Naked Wines drafts in Interpath Advisory amid tough trading - report
Monday 18 Mar 2024
(Sharecast News) - Naked Wines slid on Monday following a report the online wine retailer has drafted in debt advisers to explore refinancing options amid tough trading conditions. Read More
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British Land sells 50% stake in former Meta HQ to Royal London
Monday 18 Mar 2024
(Sharecast News) - British Land said on Monday that it has sold half its stake in London office 1 Triton Square - the former HQ of Facebook owner Meta - to Royal London Asset Management. Read More
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Pfizer to cut stake in Haleon to 24% from 32%
Monday 18 Mar 2024
(Sharecast News) - Consumer healthcare company Haleon said on Monday that Pfizer plans to sell around 630m shares in the company in a public offering. Read More
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Marshalls downgrades FY outlook, cites 'challenging end markets'
Monday 18 Mar 2024
(Sharecast News) - Marshalls downgraded its profit and revenue outlook for 2024 on Monday and posted a slump in full-year profits and revenue as the landscape products manufacturer was hit by "challen... Read More
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Bodycote on track to meet margin target as aerospace boosts profit
Friday 15 Mar 2024
(Sharecast News) - Heat treatment and thermal processing services specialist Bodycote delivered a rise in annual profits, driven by a strong performance at its aerospace and defence division. Read More
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Currys slides as JD.com says it won't make an offer
Friday 15 Mar 2024
(Sharecast News) - Currys slumped on Friday as it said Chinese ecommerce giant JD.com does not plan to make an offer for the London-listed electricals retailer. Read More
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Alien Metals secures AUD 2m short-term funding
Friday 15 Mar 2024
(Sharecast News) - Alien Metals announced a short-term funding facility worth up to AUD 2m (£1.03m) via a convertible loan note on Friday. Read More
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Wishbone Gold reports positive results from Cottesloe drilling
Friday 15 Mar 2024
(Sharecast News) - Wishbone Gold unveiled encouraging results from its ongoing diamond drilling at the Cottesloe Project on Friday, a venture it wholly owns. Read More
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Sheffield Resources takes 10pc stake in Capital Metals
Friday 15 Mar 2024
(Sharecast News) - Capital Metals, a mineral sands company advancing towards mine development at the high-grade Eastern Minerals Project in Sri Lanka, announced on Friday that the ASX-listed Sheffield... Read More
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Genedrive receives R&D tax credit, plans fundraise
Friday 15 Mar 2024
(Sharecast News) - Point-of-care pharmacogenetic testing company Genedrive announced the receipt of a research and development tax credit totalling £0.8m on Friday, taking its unaudited cash balances... Read More
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Reckitt Benckiser tumbles on baby formula compensation woes
Friday 15 Mar 2024
(Sharecast News) - Reckitt Benckiser tumbled on Friday amid concerns about baby formula compensation. Read More
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Beowulf announces two-week delay to Vardar ownership process
Friday 15 Mar 2024
(Sharecast News) - Beowulf Mining announced a delay in its planned consolidation of 100% ownership of Vardar Minerals on Friday. Read More
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Trident Royalties upbeat on latest Thacker Pass progress
Friday 15 Mar 2024
(Sharecast News) - Mining royalty company Trident Royalties announced significant progress in the development of the Thacker Pass Lithium Project by Lithium Americas Corporation (LAC) on Friday. Read More
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Biome Technologies division wins £0.54m contract
Friday 15 Mar 2024
(Sharecast News) - Bioplastics and radiofrequency technology specialist Biome Technologies announced a new contract for its RF technologies division Stanelco on Friday. Read More
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Sareum allowed European patent for primary kinase inhibitor asset
Friday 15 Mar 2024
(Sharecast News) - Biotechnology company Sareum announced on Friday that the European Patent Office had issued a notice of allowance for a patent concerning SDC‐1801, its primary TYK2/JAK1 kinas... Read More
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Zephyr Energy signs rig contract for Paradox Basin redrilling
Friday 15 Mar 2024
(Sharecast News) - Zephyr Energy announced on Friday that it had finalised a rig contract with Helmerich & Payne (H&P) for Rig 257, for the redrilling of the State 36-2R well in Utah's Paradox Basin. Read More
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French shipping firm CMA CGM in exclusive talks to buy Altice
Friday 15 Mar 2024
(Sharecast News) - French shipping firm CMA CGM said on Friday that it has entered into exclusive talks to buy telecoms group Altice for an enterprise value of €1.55bn. Read More
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Trading in LPP suspended after Russian claims cause stock to plunge
Friday 15 Mar 2024
(Sharecast News) - Shares in LPP Group were suspended on Friday, after short seller Hindenburg Research claimed the Polish retailer's Russian divestments were a "sham", causing the stock to plunge. Read More
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MC Mining hit by soaring costs in first half
Friday 15 Mar 2024
(Sharecast News) - Shares in South Africa-focused coal miner MC Mining slipped on Friday after the company reported that half-year losses surged on the back of soaring costs and lower prices. Read More
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