Company News
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Kibo Energy subsidiary MED strikes new funding partnership
Wednesday 28 Feb 2024
(Sharecast News) - Kibo Energy announced on Wednesday that its flexible power specialist subsidiary Mast Energy Developments (MED) had struck a strategic funding partnership with RiverFort Global Oppo... Read More
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Revenue rises but margins narrow for Avingtrans
Wednesday 28 Feb 2024
(Sharecast News) - Avingtrans reported a 30.4% increase in first-half revenue in its interim results on Wednesday, to £65.2m, compared to £50.0m in the same period last year. Read More
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Image Scan confident despite slower start to year
Wednesday 28 Feb 2024
(Sharecast News) - Security and industrial inspection scanning technology specialist Image Scan said in a trading update on Wednesday that, while it returned to profit in 2023, trading in the current ... Read More
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Bradda Head completes exchange of claims in Arizona
Wednesday 28 Feb 2024
(Sharecast News) - Bradda Head Lithium announced on Wednesday that it has concluded a significant land exchange concerning the unpatented lode claims at its Wikieup clay project in Western Arizona, or... Read More
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Nexxen reaches settlement and inks alliance with Alphonso, LG
Wednesday 28 Feb 2024
(Sharecast News) - Nexxen International announced on Wednesday that it had finalised a settlement and embarked on a three-year strategic alliance with Alphonso and LG Electronics. Read More
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AB Dynamics reports positive trading performance
Wednesday 28 Feb 2024
(Sharecast News) - Testing, simulation and measurement products specialist AB Dynamics reported positive performance in a trading update on Wednesday, in line with the board's expectations. Read More
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Thames Water calls for higher bills as it looks to stay afloat - report
Wednesday 28 Feb 2024
(Sharecast News) - Thames Water is lobbying both government and the regulator to allow it to raise bills, pay dividends and avoid swingeing fines, it was reported on Wednesday. Read More
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EasyJet to re-join FTSE 100 in latest reshuffle; Endeavour up for demotion
Wednesday 28 Feb 2024
(Sharecast News) - EasyJet is expected to make its way back into the FTSE 100 in the latest reshuffle due to be announced after the market close on Wednesday. Read More
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Capita secures £220m contract extension
Wednesday 28 Feb 2024
(Sharecast News) - Outsourcing company Capita has inked a deal with as much as £220.0m with a "major European telecoms provider". Read More
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Wednesday preview: US Q4 GDP, Reckitt Benckiser in focus
Wednesday 28 Feb 2024
(Sharecast News) - All eyes on Wednesday will be on a revised reading for fourth quarter U.S. gross domestic product growth. Read More
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St James's Place tumbles as it swings to loss, cuts dividend on customer refunds
Wednesday 28 Feb 2024
(Sharecast News) - Wealth manager St James's Place tumbled on Wednesday after saying it swung to a full-year loss and slashing its dividend, as it set aside £426m for potential client refunds. Read More
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Fourth-quarter sales disappoint at Reckitt, shares slide
Wednesday 28 Feb 2024
(Sharecast News) - Shares in Reckitt Benckiser Group tumbled on Wednesday, after fourth-quarter sales missed expectations. Read More
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Derwent upgrades lettings guidance despite wider full-year loss
Wednesday 28 Feb 2024
(Sharecast News) - Derwent London reporting a robust lettings performance in its 2023 results on Wednesday, despite reporting a wider loss, as it upgraded its guidance for the new financial year. Read More
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Primary Health Properties rental income grows, ups FY dividend
Wednesday 28 Feb 2024
(Sharecast News) - Real estate investor Primary Health Properties said on Wednesday that rental income had risen in the ended 31 December, leading the group to hike its final dividend payout. Read More
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Segro raises £907m in placing to pursue growth opportunities
Wednesday 28 Feb 2024
(Sharecast News) - Real estate investment trust Segro said on Wednesday that it had raised gross proceeds of £907m in a placing to pursue additional growth opportunities. Read More
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HICL sells stake in US toll-road project for $232m, unveils £50m buyback
Wednesday 28 Feb 2024
(Sharecast News) - HICL said it had was selling its entire stake in the US Northwest Parkway toll-road project (NWP) to VINCI Highways for $232m and starting a £50m share buyback with the proceeds. Read More
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Halfords shares tank as weak consumer backdrop leads to profit warning
Wednesday 28 Feb 2024
(Sharecast News) - Shares in auto and bike parts retailer Halfords plummeted on Wednesday after the company delivered a surprise profit warning with just one month to go before the end of its financia... Read More
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Drax secures capacity deals, faces fresh sourcing scrutiny
Wednesday 28 Feb 2024
(Sharecast News) - Drax Group announced provisional agreements secured through the recent T-4 capacity market auctions on Wednesday, as it also faced fresh scrutiny over its sourcing practices. Read More
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Just Eat guides to strong profit growth in 2024
Wednesday 28 Feb 2024
(Sharecast News) - Takeaway group Just Eat delivered adjusted profits ahead of its own forecasts for 2023 and predicted a 39% jump in earnings this year as gross transaction value (GTV) excluding Nort... Read More
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Vodafone to sell Italian operations to Swisscom for €8bn
Wednesday 28 Feb 2024
(Sharecast News) - Vodafone has confirmed media speculation that it intends to sell its Italian operations to Swiss telecoms group Swisscom for an enterprise value of €8bn. Read More
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