Company News
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Elliott Advisors said to have sweetened offer for Currys to £750m
Tuesday 27 Feb 2024
(Sharecast News) - Investment firm Elliott Advisors has reportedly returned with a second offer for electricals retailer Currys amid investor hopes of a rare bidding war for a London-listed company. Read More
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Sondrel wins new design and supply contract
Tuesday 27 Feb 2024
(Sharecast News) - Semiconductor company Sondrel said on Tuesday that it had won a new design and supply contract for a next-generation video processing chip with a total estimated value of $23.0m acr... Read More
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Itaconix achieves 'another record year of revenues'
Tuesday 27 Feb 2024
(Sharecast News) - Plant-based polymers manufacturer Itaconix said on Tuesday that it had achieved "another record year of revenues" in 2023, sending shares skyward in early trading. Read More
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McBride lifts full-year outlook, shares surge
Tuesday 27 Feb 2024
(Sharecast News) - McBride surged on Tuesday as the cleaning products manufacturer lifted it full-year outlook for adjusted operating profit, citing good levels of demand for retailers' own brands. Read More
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UK grocery price inflation eases to 5.3% in February
Tuesday 27 Feb 2024
(Sharecast News) - Research company Kantar's latest supermarket share update showed that grocery price inflation had dropped to 5.3% in February, its lowest rate since March 2022. Read More
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Woodside delivers record output but falling prices hit profits
Tuesday 27 Feb 2024
(Sharecast News) - Australian liquefied natural gas company Woodside Energy delivered a record production performance in 2023, but both profits and revenues fell sharply falling prices outweighed an i... Read More
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Victorian Plumbing confident despite fall in average order value
Tuesday 27 Feb 2024
(Sharecast News) - Bathroom retailer Victorian Plumbing said in a trading update on Tuesday that it had seen a 3% reduction in average order value in the first 21 weeks of the financial year. Read More
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Abrdn FY losses narrow; transformation programme underway
Tuesday 27 Feb 2024
(Sharecast News) - Fund manager Abrdn said on Tuesday that it has started work on its plans to cut around 500 jobs as part of a cost-reduction programme that is running ahead of targets, as it posted ... Read More
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Smith & Nephew revenue growth tops full-year forecasts
Tuesday 27 Feb 2024
(Sharecast News) - Medical device giant Smith & Nephew reported fourth-quarter revenue of $1.46bn on Tuesday, marking a 6.4% increase on an underlying basis compared to the prior year. Read More
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On the Beach, Ryanair sign long-term distribution agreement
Tuesday 27 Feb 2024
(Sharecast News) - On the Beach said on Tuesday that it has signed a long-term distribution agreement with Ryanair, despite the latter having recently branded the online travel agent a "pirate" and ac... Read More
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Endeavour expects first gold from Sabodala-Massawa in May
Tuesday 27 Feb 2024
(Sharecast News) - Mining group Endeavour has announced that wet commissioning activities are now underway at the Sabodala-Massawa Expansion project in Senegal, with first gold expected in early May. Read More
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Croda warns on margins as profits slump on weak demand
Tuesday 27 Feb 2024
(Sharecast News) - British speciality chemicals maker Croda International on Tuesday warned of lower operating margins this year after posting a slump in 2023 profits due to customers destocking and a... Read More
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Unite Group lifts rental guidance after solid 2023
Tuesday 27 Feb 2024
(Sharecast News) - Student accommodation provider Unite Group has delivered a confident outlook and upgraded guidance after seeing record adjusted earnings for 2023, though reported profits dropped by... Read More
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Tuesday preview: US data, Abrdn in the spotlight
Monday 26 Feb 2024
(Sharecast News) - Investors' focus on Tuesday will be on a raft of U.S. economic indicators that are due out. Read More
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Director dealings: Lloyds Banking chairman makes share purchase
Monday 26 Feb 2024
(Sharecast News) - Lloyds Banking Group revealed on Monday that chairman Robin Budenberg had acquired 1.0m ordinary shares in the FTSE 100-listed financial services giant. Read More
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i3 Energy ends year at top-end of guidance
Monday 26 Feb 2024
(Sharecast News) - i3 Energy reported a robust fourth-quarter performance in an update on Monday, with record annual corporate production for 2023 averaging 20,711 barrels of oil equivalent per day. Read More
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Oriole Resources reports progress at Mbe gold project
Monday 26 Feb 2024
(Sharecast News) - Gold explorer Oriole Resources updated the market on exploration at its 90%-owned Mbe gold project in Cameroon on Monday. Read More
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KKR to buy Broadcom's EUC Division in $4bn deal
Monday 26 Feb 2024
(Sharecast News) - Private equity firm KKR has agreed to buy Broadcom's end-user computing division - the EUC Division - in a $4bn deal. Read More
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Wincanton jumps as potential bidding war kicks off
Monday 26 Feb 2024
(Sharecast News) - Logistics firm Wincanton surged on Monday after CEVA Logistics, a unit of French shipping firm CMA CGM, sweetened its offer for the group to £604.7m, and following an approach from ... Read More
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Directa Plus buys further 49pc stake in Setcar
Monday 26 Feb 2024
(Sharecast News) - Directa Plus announced the acquisition of an additional 48.96% stake in Setcar on Monday, taking its shareholding from 50.99% to 99.95%. Read More
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