Company News
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Wincanton board backs £762m takeover approach from GXO
Friday 01 Mar 2024
(Sharecast News) - Wincanton said on Friday that its board is now backing a £762m takeover approach by Clipper Logistics owner GXO Logistics, withdrawing previous support for an offer by CEVA Logistic... Read More
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Pearson FY profits jump on strong demand for English courses
Friday 01 Mar 2024
(Sharecast News) - UK educational publisher Pearson said it expected 2024 earnings to be in line with expectations after reporting a rise in annual profits driven by strong demand for its English lang... Read More
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ITV sells stake in BritBox International to BBC Studios for £255m
Friday 01 Mar 2024
(Sharecast News) - ITV said on Friday that it has sold its entire 50% stake in streaming service BritBox International to its joint venture partner BBC Studios for £255m in cash. Read More
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IMI sees higher earnings as 2023 profits jump 12%
Friday 01 Mar 2024
(Sharecast News) - Specialist engineer IMI on Friday reported a 12% jump in full-year profits and forecast higher earnings this year driven by a strong order book. Read More
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Smiths Group sells £70m of ICU Medical shares
Friday 01 Mar 2024
(Sharecast News) - Engineering firm Smiths Group has sold a third of its stake in US-listed IV therapy specialist ICU Medical for £70m. Read More
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Heavy rainfall sees retail footfall plummet
Friday 01 Mar 2024
(Sharecast News) - Retail footfall plunged last month, industry data showed on Friday, as the unusually wet weather kept shoppers at home. Read More
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Friday preview: Global factory PMIs, Rightmove in focus
Thursday 29 Feb 2024
(Sharecast News) - All eyes at the end of the week will be on a raft of factory sector survey results for the month of February due out across the world. Read More
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Weaker margins dampen a strong Q1 for Birkenstock
Thursday 29 Feb 2024
(Sharecast News) - US-listed shares in Birkenstock dropped in New York on Thursday despite the German sandal maker beating analysts' forecasts with its first fiscal quarter results, as adjusted profit... Read More
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Sainsbury's to axe 1,500 jobs in cost-cutting drive
Thursday 29 Feb 2024
(Sharecast News) - Supermarket chain Sainsbury's said on Thursday that it's planning to cut around 1,500 jobs, as it looks to reduce costs and focus on food. Read More
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Power Metal Resources agrees to buy 75pc of GSAe
Thursday 29 Feb 2024
(Sharecast News) - Power Metal Resources announced an agreement with GSA Environmental (GSAe), on Thursday, under which it would acquire 75% of GSAe's entire issued share capital under binding heads o... Read More
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Blackbird raises £1.05m to advance cloud editing platform
Thursday 29 Feb 2024
(Sharecast News) - Cloud video editing technology specialist Blackbird raised £1.05m on Thursday, to invest into its elevate.io content creation product. Read More
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Arecor subsidiary Tetris launching Ogluo in the Netherlands
Thursday 29 Feb 2024
(Sharecast News) - Arecor Therapeutics updated the market on an announcement made by its subsidiary Tetris Pharma on Thursday, regarding the launch of the 'Ogluo' glucagon prefilled autoinjector pen i... Read More
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Silverbullet flags strong rise in total group revenue
Thursday 29 Feb 2024
(Sharecast News) - AI-focussed digital transformation specialist Silverbullet reported a substantial increase in total group revenue in a trading update on Thursday, to £8.3m, making for 42% growth co... Read More
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Oncimmune revenue falls as it implements new strategy
Thursday 29 Feb 2024
(Sharecast News) - Oncimmune reported revenue of £2.1m in its final results on Thursday, down from £3.8m for the prior extended 15-month period, with revenue from continuing operations totalling £1.2m... Read More
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Empire Metals kicks off exploration campaign at Pitfield
Thursday 29 Feb 2024
(Sharecast News) - Empire Metals initiated a significant exploration campaign at its Pitfield Project in Western Australia on Thursday, marking a pivotal step forward in its resource development endea... Read More
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Itim Group ends year ahead of market expectations
Thursday 29 Feb 2024
(Sharecast News) - Itim Group reported a robust full-year financial performance in a trading update on Thursday, surpassing market expectations. Read More
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Wincanton surges as GXO makes £764m takeover offer, trumps CEVA Logistics
Thursday 29 Feb 2024
(Sharecast News) - Wincanton surged on Thursday after Clipper Logistics owner GXO Logistics said it had made a £764m takeover offer for the company, potentially kicking off a bidding war. Read More
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The Body Shop to close 75 stores across the UK
Thursday 29 Feb 2024
(Sharecast News) - The Body Shop is to close a further 75 stores, it was confirmed on Thursday, with the loss of nearly 500 jobs. Read More
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Karelian Diamond Resources makes progress in first half
Thursday 29 Feb 2024
(Sharecast News) - Karelian Diamond Resources reported progress in obtaining a mining concession for the Lahtojoki diamond deposit in its first-half results on Thursday. Read More
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Vodafone rallies on 'RARE' Betaville report
Thursday 29 Feb 2024
(Sharecast News) - Vodafone rallied on Thursday amid takeover speculation. Read More
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