Company News
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Diageo to increase its stake in Kenya's East African Breweries
Friday 14 Oct 2022
(Sharecast News) - Distilling giant Diageo announced on Friday that, through its wholly-owned indirect subsidiary Diageo Kenya Limited, it has served notice on East African Breweries of its intention ... Read More
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Viasat acquisition of Inmarsat heading to full CMA inquiry
Friday 14 Oct 2022
(Sharecast News) - The competition regulator has decided to refer the planned acquisition of Inmarsat by Viasat to a full-scale inquiry, it announced on Friday. Read More
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Royal Mail shares slump on threat to fire thousands as losses mount
Friday 14 Oct 2022
(Sharecast News) - Royal Mail upped the stakes in its pay dispute with postal workers on Friday, threatening to fire 6,000 workers as part of a wider plan to cut 10,000 jobs by the end of next August,... Read More
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Mizuho among suitors looking at Credit Suisse securitised products unit - report
Friday 14 Oct 2022
(Sharecast News) - Mizuho Financial Group has reportedly emerged as a suitor for at least part of Credit Suisse's securitised products group. Read More
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Twitter claims Musk is under investigation - reports
Friday 14 Oct 2022
(Sharecast News) - Elon Musk is being investigated by federal authorities in connection to his $44bn takeover of Twitter, it was reported on Friday, after the social media platform made the claim in a... Read More
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Revolution Beauty CEO and chairman to temporarily step away from day-to-day operations
Friday 14 Oct 2022
(Sharecast News) - Beauty and personal care products manufacturer Revolution Beauty said on Friday that chairman Tom Allsworth and chief executive Adam Minto had both agreed to step down from the day-... Read More
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Airtel Africa buys additional spectrum in Zambia for $29m
Friday 14 Oct 2022
(Sharecast News) - Airtel Africa said on Friday that subsidiary Airtel Networks Zambia has bought 60 MHz of additional spectrum for $29m. Read More
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Danone faces €1bn hit as it quits Russian dairy business
Friday 14 Oct 2022
(Sharecast News) - Danone is to quit its Russian dairy and yoghurt business, the French giant confirmed on Friday, at a potential cost of up to €1bn. Read More
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Amigo to resume lending, shares soar
Friday 14 Oct 2022
(Sharecast News) - Shares in Amigo Holdings soared early on Friday after the regulator gave the embattled firm the green light to resume lending. Read More
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Loungers 'significantly' outperforms market in H1
Friday 14 Oct 2022
(Sharecast News) - Bar and restaurant operator Loungers said on Friday that it had continued to "significantly outperform the market" in the 24 weeks ended 2 October, with "industry-leading" like-for-... Read More
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Mondi Q3 EBIDTA rises amid higher selling prices, volume growth
Friday 14 Oct 2022
(Sharecast News) - Packaging and paper group Mondi reported a jump in third-quarter underlying core earnings on Friday amid higher selling prices and volume growth. Read More
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Vistry COO steps down ahead of proposed Countryside merger
Friday 14 Oct 2022
(Sharecast News) - Housebuilder Vistry said on Friday that chief operating officer Graham Prothero will stand down from the group following the completion of its proposed combination with Countryside ... Read More
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Ashmore AuM falls amid negative investment performance, increased net outflows
Friday 14 Oct 2022
(Sharecast News) - Asset manager Ashmore said on Friday that total assets under management had fallen 12.5% in the three months ended 30 September as a result of $5.0bn in net outflows and a $3.0bn ne... Read More
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Friday preview: US retail sales, China CPI in the spotlight
Thursday 13 Oct 2022
(Sharecast News) - All eyes at the end of the week will be on a deluge of key macroeconomic indicators due out in the States. Read More
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NatWest to close 43 branches
Thursday 13 Oct 2022
(Sharecast News) - NatWest said on Thursday that it was closing 43 branches across the UK as it looks to move retail banking online. Read More
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Markets rally on speculation of more UK mini-budget reversals
Thursday 13 Oct 2022
(Sharecast News) - Sterling and gilts rallied on Thursday, as speculation mounted that elements of the government's controversial mini-budget could be scrapped. Read More
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Director dealings: Severfield non-exec spends almost £40k
Thursday 13 Oct 2022
(Sharecast News) - Severfield shares were in the green on Thursday, after a non-executive director spent almost £40k on shares across two transactions. Read More
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EasyJet sees loss of up to £190m after summer airport chaos
Thursday 13 Oct 2022
(Sharecast News) - Low-cost airline easyJet said it expected to report annual pre-tax losses of £170m -£190 million, reflecting the summer chaos at UK and European airports where staff shortages led t... Read More
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BA owner IAG reports better-than-expected Q3, shares surge
Thursday 13 Oct 2022
(Sharecast News) - IAG shares shot higher on Thursday after the Iberia and British Airways owner said it now expects to report a third-quarter operating profit of around €1.2bn after stronger-th... Read More
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Quixant hikes expectations as strong trading continues
Thursday 13 Oct 2022
(Sharecast News) - Gaming and broadcast technology company Quixant said in an update on Thursday that, since it announced its interim results on 6 September, both the gaming and Densitron divisions ha... Read More
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