Company News
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Lancashire pre-tax losses narrow despite negative FY investment return
Friday 10 Feb 2023
(Sharecast News) - Insurance firm Lancashire Holdings said on Friday that it had narrowed full-year pre-tax losses as gross premiums written increased over the twelve months ended 31 December. Read More
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GSK's endometrial cancer treatment receives full FDA approval
Friday 10 Feb 2023
(Sharecast News) - Drugmaker GSK's mismatch repair-deficient recurrent or advanced endometrial cancer treatment has been granted full approval by the Food and Drug Administration. Read More
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Victrex sees softer volumes, weaker end markets in Q1
Friday 10 Feb 2023
(Sharecast News) - Polymer products maker Victrex held full-year guidance but said volumes had been softer during the first quarter with ongoing weakness in several of its end markets as it reported a... Read More
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FirstGroup South Western rail franchise extended for two years
Friday 10 Feb 2023
(Sharecast News) - FirstGroup said it had been granted a two-year extension for its South Western Railway franchise, by the UK government. Read More
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Friday preview: US consumer confidence, China CPI in focus
Thursday 09 Feb 2023
(Sharecast News) - The market spotlight at the end of the week would continue to be on the US. Read More
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'Mystery suitor' interested in ITV, says Betaville
Thursday 09 Feb 2023
(Sharecast News) - Broadcaster ITV is reportedly at the centre of a fresh round of takeover speculation, according to markets blog Betaville. Read More
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Deliveroo to axe 350 jobs
Thursday 09 Feb 2023
(Sharecast News) - Food delivery company Deliveroo said on Thursday that it was planning to cut around 9% of its workforce, or 350 jobs, amid a slowdown in demand due to the cost-of-living crisis. Read More
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Director dealings: Sage Group director makes share purchase
Thursday 09 Feb 2023
(Sharecast News) - Sage Group revealed on Thursday that non-executive director Roisin Donnelly had acquired 10,000 ordinary shares in the FTSE 100-listed software group. Read More
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British American Tobacco posts jump in full-year sales led by New Category products
Thursday 09 Feb 2023
(Sharecast News) - British American Tobacco posted a big increase in full-year sales and profits with the former driven by its New category products and foreign exchange tailwinds. Read More
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Redrow holds divi, scraps 2024 guidance: Sees better start to H2
Thursday 09 Feb 2023
(Sharecast News) - UK house builder Redrow held its dividend as it reported a fall in interim profits and scrapped 2024 guidance, but noted that early indications for the rest of the year were better ... Read More
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Gfinity to raise £1.5m in placing, CEO to depart
Thursday 09 Feb 2023
(Sharecast News) - Esports company Gfinity announced plans on Thursday to raise at least £1.5m in an equity placing and subscription, and said that chief executive John Clarke will be stepping down. Read More
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Ofcom to probe inflation-busting price rises on phone, internet deals
Thursday 09 Feb 2023
(Sharecast News) - Britain's telecoms regulator is starting a probe into inflation-busting price rises mid-contract for phone and broadband customers. Read More
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AstraZeneca FY core EPS in line; Aims for growth in 2023
Thursday 09 Feb 2023
(Sharecast News) - Pharma giant AstraZeneca reported full-year earnings in line with expectations and said it expected 2023 core profits to increase by high-single to low-double digits. Read More
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Credit Suisse slumps heavily into the red
Thursday 09 Feb 2023
(Sharecast News) - Credit Suisse Group posted its largest annual loss since the 2008 financial crisis on Thursday, and warned of further "substantial" losses to come. Read More
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Avon Protection receives US helmet order worth $6.7m
Thursday 09 Feb 2023
(Sharecast News) - Avon Protection said on Thursday that it has received a second helmet delivery order from the US Defense Logistics Agency worth $6.7m. Read More
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Watches of Switzerland slides as Q3 sales miss estimates
Thursday 09 Feb 2023
(Sharecast News) - Watches of Switzerland reiterated its full-year guidance on Thursday as it posted a jump in third-quarter revenues amid solid demand, but shares in the retailer tumbled as results m... Read More
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Entain tumbles as MGM takeover speculation quashed
Thursday 09 Feb 2023
(Sharecast News) - Shares in Ladbrokes owner Entain tumbled on Thursday after rumours of a possible takeover by MGM were quashed. Read More
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First Abu Dhabi Bank pressing ahead with offer for StanChart - report
Thursday 09 Feb 2023
(Sharecast News) - Standard Chartered surged on Thursday following a report that First Abu Dhabi Bank is pressing ahead with a potential offer for the bank. Read More
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LXi Reit sees 'robust' third quarter
Thursday 09 Feb 2023
(Sharecast News) - LXi Reit said on Thursday that third-quarter trading had been robust, despite the weakening economic backdrop. Read More
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Darktrace closes largest deal to date with critical infrastructure organisation
Thursday 09 Feb 2023
(Sharecast News) - Cybersecurity firm Darktrace has closed its largest deal to date with a critical infrastructure organisation as part of an effort to get ahead of state-sponsored attacks and support... Read More
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