Company News
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HSBC Q3 profits fall but beat estimates after $2.4bn hit from French sale
Tuesday 25 Oct 2022
(Sharecast News) - HSBC on Tuesday said it had appointed Georges Elhedery, a former head of its investment bank, as its new chief financial officer as it posted a 42% fall in third quarter profits due... Read More
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ActiveOps sees continued first-half growth
Tuesday 25 Oct 2022
(Sharecast News) - Management process automation software company ActiveOps reported continued first-half growth in a trading update on Tuesday, with the group trading in line with its expectations, a... Read More
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System1 data revenue improves in first half
Tuesday 25 Oct 2022
(Sharecast News) - System1 said in a trading update on Tuesday that its data revenue grew 38% in the first half to £6.2m, representing 59% of revenue - the highest absolute six-month revenue for its a... Read More
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Adidas cuts ties with controversial rapper Ye
Tuesday 25 Oct 2022
(Sharecast News) - German sportswear brand Adidas confirmed on Tuesday that it has ended its partnership with Kanye West - who now goes by just Ye - after the billionaire rapper and fashion designer m... Read More
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Gaming Realms launches content in Connecticut
Tuesday 25 Oct 2022
(Sharecast News) - Mobile gambling content developer Gaming Realms has officially launched content in Connecticut, it announced on Tuesday, with partner DraftKings. Read More
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GM holds guidance as Q3 earnings beat estimates
Tuesday 25 Oct 2022
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Pantheon Resources upbeat on recent work at Alkaid 2
Tuesday 25 Oct 2022
(Sharecast News) - Alaska North Slope-focussed oil and gas company Pantheon said in an update on Tuesday that production testing at Alkaid 2 had started, with the well in the clean-up phase, and showi... Read More
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UPS backs full-year revenue guidance
Tuesday 25 Oct 2022
(Sharecast News) - UPS backed its full-year revenue guidance on Tuesday as it posted a rise in third-quarter profit and revenue. Read More
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Jubilee Metals revenue rises after major investment programme
Tuesday 25 Oct 2022
(Sharecast News) - Africa-focussed Jubilee Metals reported a 5.4% improvement in revenue in its full-year results on Tuesday, to £140m, despite completing an investment programme during the period. Read More
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THG backs FY outlook as Q3 revenues rise; signs new banking facility
Tuesday 25 Oct 2022
(Sharecast News) - THG backed its full-year outlook on Tuesday as it posted a rise in third-quarter revenues and said it had signed a new banking facility, sending shares in the e-commerce group surgi... Read More
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UBS beats analyst expectations despite profit slide
Tuesday 25 Oct 2022
(Sharecast News) - UBS Group described a "good" third quarter in a "challenging" environment on Tuesday, with profit before tax falling 19% year-on-year to $2.32bn. Read More
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FCA to probe entry of 'big tech' in financial markets
Tuesday 25 Oct 2022
(Sharecast News) - The Financial Conduct Authority is seeking views on the potential competition benefits and harms from the entry of 'big tech' into a number of retail financial services sectors, it ... Read More
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Tuesday preview: UK leadership transition, US house price surveys in focus
Tuesday 25 Oct 2022
(Sharecast News) - Investors were expected to continue to focus on Tuesday on the transition from Liz Truss as Prime Minister. Read More
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Shoe Zone kicks guidance upwards as revenues stride ahead
Tuesday 25 Oct 2022
(Sharecast News) - Footwear retailer Shoe Zone lifted annual guidance after revenues surged by a third as stores were fully open after pandemic lockdowns. Read More
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On The Beach FY sales grow against pre-Covid comparative
Tuesday 25 Oct 2022
(Sharecast News) - Online holiday retailer On the Beach said on Tuesday that full-year sales had grown against pre-pandemic levels despite the Omicron Covid-19 variant "heavily" impacting group Sales ... Read More
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Pendragon delivers 'strong' Q3 trading performance
Tuesday 25 Oct 2022
(Sharecast News) - Automotive retailer Pendragon said on Tuesday that it had delivered "a strong trading performance" in the three months ended 30 September, with gross profit maintained at "the excep... Read More
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Whitbread H1 profits exceed pre-pandemic levels
Tuesday 25 Oct 2022
(Sharecast News) - Premier Inn parent company Whitbread said on Tuesday that interim profits had exceed pre-pandemic levels, leaving the group "significantly ahead" of the wider UK market. Read More
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Eurowag nine-month revenues rise, CFO to step down
Tuesday 25 Oct 2022
(Sharecast News) - Integrated payments and mobility platform W.A.G Payment Solutions, known as Eurowag, said on Tuesday that results for the nine months to 30 September were in line with expectations,... Read More
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Urban Logistics collects 99% of rents in six months to Sept
Tuesday 25 Oct 2022
(Sharecast News) - Urban Logistics REIT said it had collected 99% of rents in the six months to September 30. Read More
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AstraZeneca says Fasenra fails to meet one trial endpoint
Tuesday 25 Oct 2022
(Sharecast News) - AstraZeneca said its Fasenra treatment for a rare inflammatory disease of the oesophagus failed to meet one of the two dual-primary endpoints in a phase 3 trial. Read More
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