Company News
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EP Group IDS takeover clears UK national security law
Friday 20 Dec 2024
(Sharecast News) - The UK government has cleared the £3.6bn sale of Royal Mail parent company International Distribution Services to Czech billionaire Daniel Kretinsky's EP Group. Read More
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GSK reports positive results from ovarian cancer drug trial
Friday 20 Dec 2024
(Sharecast News) - GSK has announced positive results from a phase III trial of its ovarian cancer treatment, which met its primary endpoint of progression free survival. Read More
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Director dealings: Abrdn CEO snaps up shares
Thursday 19 Dec 2024
(Sharecast News) - Abrdn revealed on Thursday that chief executive Jason Windsor had acquired 357,635 ordinary shares in the FTSE 250-listed investment firm. Read More
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Friday preview: US inflation data, UK retail sales in focus
Thursday 19 Dec 2024
(Sharecast News) - Investors' focus at the end of the week will continue to be on the inflation picture in the US. Read More
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MicroSalt files US patent application for new formulation
Thursday 19 Dec 2024
(Sharecast News) - MicroSalt announced the filing of a new patent application with the United States Patent and Trademark Office on Thursday, for a new method to create granulated salt from powdered f... Read More
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Soho House receives takeover offer from unnamed consortium
Thursday 19 Dec 2024
(Sharecast News) - Shares in New York-listed Soho House & Co soared on Thursday after the private members club revealed that it had received a takeover offer valuing the company at around $1.8bn. Read More
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IP Group raises buyback again after its biggest-ever exit
Thursday 19 Dec 2024
(Sharecast News) - Early stage science investor IP Group has received £119m in initial cash proceeds from the sale of portfolio company Featurespace to Visa, and will beef up its share buyback plan by... Read More
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Sabien Technology project approved by City of Phoenix
Thursday 19 Dec 2024
(Sharecast News) - Sabien Technology Group announced significant progress on its waste plastics-to-oil initiative in the United States on Thursday, following the approval of its project by the City of... Read More
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Great Western Mining to start pilot production at Western Milling JV
Thursday 19 Dec 2024
(Sharecast News) - Great Western Mining announced on Thursday that pilot production at the Western Milling joint venture in Nevada was set to start, following an inspection by the Nevada State Inspect... Read More
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Bank of England leaves interest rates unchanged
Thursday 19 Dec 2024
(Sharecast News) - The Bank of England left interest rates on hold at 4.75% on Thursday, in a move widely expected following a recent uptick in inflation. Read More
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Synergia reports progress with Cambay workover programme
Thursday 19 Dec 2024
(Sharecast News) - Synergia Energy updated the market on its workover activities at the Cambay PSC in India on Thursday, where it holds a 50% working interest. Read More
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Blackbird reports progress with platform features, customer contracts
Thursday 19 Dec 2024
(Sharecast News) - Blackbird, the developer and licensor of advanced cloud-native video editing platforms, updated the market on the progress of its 'elevate.io' product and key contract renewals for ... Read More
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Conygar granted planning permission for Nottingham student property
Thursday 19 Dec 2024
(Sharecast News) - The share price of Conygar Investment Company continued its recent slide on Thursday despite the property company being granted planning permission for a 383-bed student accommodati... Read More
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Serabi Gold commissions Coringa classification plant
Thursday 19 Dec 2024
(Sharecast News) - Brazil-focused gold mining and development company Serabi Gold announced the full commissioning of the classification plant at its Coringa Gold Operation in Brazil's Pará State on T... Read More
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New Property Franchise Group CFO to start in January
Thursday 19 Dec 2024
(Sharecast News) - Multi-brand property franchisor the Property Franchise Group announced on Thursday that, after a transition period, Ben Dodds was being fully appointed as its chief financial office... Read More
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FD Technologies proposes £120m tender offer to shareholders
Thursday 19 Dec 2024
(Sharecast News) - FD Technologies confirmed plans to return up to £120m to shareholders on Thursday, through a tender offer following the disposal of its First Derivative business to EPAM Systems. Read More
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GlobalData secures £340m of new debt facilities
Thursday 19 Dec 2024
(Sharecast News) - Data, analytics, and insights specialist GlobalData announced new debt financing facilities totaling £340m on Thursday, to support its growth transformation plan and enhance its cap... Read More
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Bestway launching CVA amid off-licence lease challenges
Thursday 19 Dec 2024
(Sharecast News) - Bestway Group, one of the UK's largest privately owned companies, is initiating a company voluntary arrangement (CVA) to address challenges in its Bargain Booze and Wine Rack retail... Read More
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BT wins appeal against £1.3bn class action over 'excessive' pricing
Thursday 19 Dec 2024
(Sharecast News) - BT Group has won an appeal against a £1.3bn class action lawsuit alleging the Telecoms operator overcharged millions of customers for fixed telephone lines. Read More
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Average water bills to rise by 36% over next five years
Thursday 19 Dec 2024
(Sharecast News) - Average water bills are to rise by over a third in the next five years, the UK regulator confirmed on Thursday. Read More
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