Company News
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JO Hambro fund urges Currys to accept £1bn takeover valuation
Tuesday 05 Mar 2024
(Sharecast News) - A shareholder of Currys was urging the company to seriously consider a takeover bid valuing the electricals retailer at over £1bn, it emerged on Tuesday. Read More
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Director dealings: Tracsis CFO lowers stake
Tuesday 05 Mar 2024
(Sharecast News) - Tracsis revealed on Tuesday that chief financial officer Andrew Kelly had disposed of 9,165 ordinary shares in the AIM-listed transport technology group. Read More
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Oxford Biomedica shares rise on post-acquisition guidance
Tuesday 05 Mar 2024
(Sharecast News) - Shares in cell and gene therapy specialist Oxford Biomedica were jumping on Tuesday afternoon, after the company updated the market on its medium-term financial guidance. Read More
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Ondine Biomedical assessing Steriwave with Yorkshire partners
Tuesday 05 Mar 2024
(Sharecast News) - Ondine Biomedical announced on Tuesday that it is joining forces with the Mid Yorkshire Teaching NHS Trust, Health Innovation Yorkshire and Humber, and the York Health Economics Con... Read More
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Thales shares surge after 2023 sales and profits beat forecasts
Tuesday 05 Mar 2024
(Sharecast News) - French aerospace, defence and transportation services group Thales saw shares jump more than 8% on Tuesday after delivering 2023 results that beat forecasts across the board, with o... Read More
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Monzo valued at $5bn after fresh funding round
Tuesday 05 Mar 2024
(Sharecast News) - Online challenger bank Monzo has secured a new $430m (£339m) funding round led by the Alphabet-owned CapitalG which values it at $5bn (£3.9bn). Read More
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Target shares jump after strong Q4, but FY sales slip
Tuesday 05 Mar 2024
(Sharecast News) - Shares in Target surged in pre-market trade on Tuesday after the American retail giant beat forecasts with its crucial holiday-quarter results despite seeing annual sales decline fo... Read More
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Spirent Communications to be taken over by Viavi in £1bn deal
Tuesday 05 Mar 2024
(Sharecast News) - Spirent Communications said on Tuesday that it has agreed to be taken over by US communications equipment company Viavi in a £1bn deal, as it revealed a slump in profits. Read More
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Greatland reports decent progress in interim report
Tuesday 05 Mar 2024
(Sharecast News) - Greatland Gold reported progress at its flagship Havieron gold-copper project in an interim report on Thursday, and updates on exploration activities across its Australian portfolio... Read More
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MaxCyte flags lower 2023 revenue, flat 2024 growth
Tuesday 05 Mar 2024
(Sharecast News) - Cell engineering technology specialist MaxCyte said in an update on Tuesday that it expected total 2023 revenue of between $41.1m and $41.3m, down from $44.3m in 2022. Read More
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Acquisitions help drive strong growth at Johnson Service Group
Tuesday 05 Mar 2024
(Sharecast News) - Johnson Service Group released a strong set of preliminary results for 2023 on Tuesday, with total revenue increasing 20.6% to reach £465.3m. Read More
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DotDigital reports positive set of interim results
Tuesday 05 Mar 2024
(Sharecast News) - Customer experience and data platform (CDXP) provider dotDigital Group reported a positive set of interim results on Tuesday, with a 15% increase in group revenue to £38.7m, and a s... Read More
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Somero confident despite weaker set of full-year results
Tuesday 05 Mar 2024
(Sharecast News) - Concrete levelling equipment specialist Somero Enterprises reported a weaker set of final results for 2023 on Tuesday, following declines in its core North American market. Read More
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Fall in digital revenue drives weaker year for Reach
Tuesday 05 Mar 2024
(Sharecast News) - British media company Reach reported a 5.4% decline in revenue in its annual results on Tuesday, to £568.6m. Read More
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XP Power revenue rises despite slower order intake
Tuesday 05 Mar 2024
(Sharecast News) - XP Power reported a 42% decrease in order intake in its annual results on Tuesday, to £208.8m, while revenue saw a modest uptick of 9% to £316.4m. Read More
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Petrofac's creditor talks continue as firm looks to strengthen balance sheet
Tuesday 05 Mar 2024
(Sharecast News) - Petrofac has said that work to bolster its balance sheet is ongoing as it continues to have active discussions with stakeholders and lenders for performance guarantees in order to f... Read More
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CEVA Logistics won't increase takeover offer for Wincanton
Tuesday 05 Mar 2024
(Sharecast News) - CEVA Logistics, a unit of French shipping firm CMA CGM, said on Tuesday that it won't be upping its takeover offer for Wincanton any further, after being outdone by Clipper Logistic... Read More
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China sets 2024 GDP growth target at 5pc
Tuesday 05 Mar 2024
(Sharecast News) - China revealed its growth target for 2024 overnight on Tuesday, aiming for a GDP rise of "around 5%", as per the Government Work Report released during the annual National People's ... Read More
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Tuesday preview: Global services PMIs, Travis Perkins in focus
Tuesday 05 Mar 2024
(Sharecast News) - Investors' attention on Tuesday will be on a deluge of services sector Purchasing Managers Indices due out around the world. Read More
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Foxtons profits drop amid 'challenging' sales market
Tuesday 05 Mar 2024
(Sharecast News) - London estate agent Foxtons posted a decline in full-year pre-tax profits on Tuesday amid "challenging" conditions in the sales market. Read More
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