Company News
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Ovo appoints former Sainsbury's CEO Justin King as chair
Thursday 22 Feb 2024
(Sharecast News) - Energy supplier Ovo said on Thursday that it has appointed Justin King - the former chief executive of Sainsbury's - as its chairman. Read More
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Marlowe sells software and service assets in £430m deal
Thursday 22 Feb 2024
(Sharecast News) - Business service and regulatory software company Marlowe announced a deal to divest specific governance, risk and compliance (GRC) software and service assets on Thursday. Read More
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RWS trading in line after resilient year
Thursday 22 Feb 2024
(Sharecast News) - Language, content and intellectual property technology specialist RWS Holdings said in an update on Thursday that during the 2023 financial year, it made significant strides in exec... Read More
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Tracsis progresses shift to SaaS model in first half
Thursday 22 Feb 2024
(Sharecast News) - Transport technology provider Tracsis said in a trading update on Thursday that it continued its progress in executing its strategic plans for growth in its first half, as it transi... Read More
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Sylvania Platinum confident despite revenue slide
Thursday 22 Feb 2024
(Sharecast News) - South Africa-focussed platinum group metals (PGM) producer Sylvania Platinum announced first-half net revenue of $40.8m on Thursday, a decrease from $79.9m in the first half of the ... Read More
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Nestlé shares fall as food giant warns of sales slowdown
Thursday 22 Feb 2024
(Sharecast News) - Shares in Nestlé dropped on Thursday after the food and drink giant said that organic growth would slow this year Read More
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Lloyds FY profit soars, puts aside £450m for motor finance probe
Thursday 22 Feb 2024
(Sharecast News) - Lloyds Bank on Thursday reported a 57% jump in full-year profits and announced another £2bn share buyback, but also set aside £450m for the regulatory probe into UK motor financing. Read More
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AI boom sees earnings rocket at Nvidia
Thursday 22 Feb 2024
(Sharecast News) - Shares in Nvidia sparked on Thursday, after the US chipmaker saw sales surge on booming demand for artificial intelligence. Read More
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Danone confident after reporting rise in full-year sales
Thursday 22 Feb 2024
(Sharecast News) - French food multinational Danone reported a 7% jump in full-year net sales on a like-for-like basis in its 2023 results on Thursday, to €27.62bn. Read More
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ME Group delivers 'year of record financial performance'
Thursday 22 Feb 2024
(Sharecast News) - Instant-service equipment business ME Group said on Thursday that it had delivered a "year of record financial performance", with both revenues and profits growing in the 12 months ... Read More
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Hargreaves Lansdown net new business slides in first half
Thursday 22 Feb 2024
(Sharecast News) - Hargreaves Lansdown reported a 6% rise in assets under administration in its half-year results on Thursday, reaching a record high of £142.2bn by 31 December, compared to £127.1b a ... Read More
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Annual profits beat forecasts at Jupiter, shares spark
Thursday 22 Feb 2024
(Sharecast News) - Shares in Jupiter Fund Management jumped on Thursday, after full-year profits came in comfortably ahead of expectations. Read More
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Galliford Try strikes three new contracts totalling £98m
Thursday 22 Feb 2024
(Sharecast News) - Construction company Galliford Try said on Thursday that it has inked three new infrastructure contracts totalling £98.0m. Read More
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Indivior planning to move primary listing to US, shares surge
Thursday 22 Feb 2024
(Sharecast News) - Indivior surged on Thursday after the opioid addiction treatment maker said it was planning to move its primary listing to the US. Read More
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Thursday preview: Global PMIs, Lloyds in focus
Thursday 22 Feb 2024
(Sharecast News) - All eyes on Thursday will be on a raft of purchasing managers' surveys due out in the euro area, UK and US covering the month of January. Read More
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Genus holds gloomy guidance as tough conditions persist
Thursday 22 Feb 2024
(Sharecast News) - There were few surprises in Genus's interim results on Thursday after a detailed trading update from the animal genetics company just last week, as it reported a 31% drop in adjuste... Read More
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Beazley rallies on $300m return programme, guidance upgrade
Thursday 22 Feb 2024
(Sharecast News) - Insurance firm Beazley updated guidance on its undiscounted combined ratio on Thursday and announced an additional capital return programme. Read More
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Hays shares fall on slump in fee income, weak jobs market
Thursday 22 Feb 2024
(Sharecast News) - Shares in Hays fell on Thursday as the embattled global recruitment firm as it reported weaker fee income on the back of an uncertain jobs market. Read More
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Government to introduce £2 limit for digital slots - report
Thursday 22 Feb 2024
(Sharecast News) - The government is poised to announce strict maximum stake limits for online slot machines, it was reported on Thursday, in a blow to the gaming industry. Read More
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Safestore quarterly revenues fall, names new CFO
Thursday 22 Feb 2024
(Sharecast News) - Self-storage group Safestore said on Thursday that quarterly revenues had fallen amid "challenging economic conditions". Read More
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