Company News
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Dan Bell appointed new group CEO at Team17
Tuesday 06 Jun 2023
(Sharecast News) - Video games developer Team17 announced the appointment of Steve Bell as its new chief executive officer on Tuesday. Read More
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Citi trims target price on Diageo
Tuesday 06 Jun 2023
(Sharecast News) - Citi has cut its price target for drinks giant Diageo on weaker US trading. Read More
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Frasers Group ups stake in Asos
Tuesday 06 Jun 2023
(Sharecast News) - Mike Ashley's Frasers Group has lifted its stake in online fashion retailer Asos again. Read More
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Ryanair cancels hundreds of flights as French ATC strikes
Tuesday 06 Jun 2023
(Sharecast News) - Ryanair, Europe's largest low-cost airline, was forced to cancel a significant number of flights on Tuesday,as a result of ongoing strike action by air traffic control (ATC) workers... Read More
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Shell puts retail energy arm up for sale
Tuesday 06 Jun 2023
(Sharecast News) - Shell on Tuesday put its household energy supply business up for sale after poor returns in the UK, Germany and Netherlands. Read More
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CBI calls for members' support at crunch meeting
Tuesday 06 Jun 2023
(Sharecast News) - The scandal-hit Confederation of British Industry called on members for support on Tuesday as a crucial vote got underway in London. Read More
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BBC, Boots, BA warned not to pay Russian hackers after payroll data stolen
Tuesday 06 Jun 2023
(Sharecast News) - Firms caught up in the global payroll data hack that included Boots, British Airways and the BBC were on Tuesday warned not to give in to blackmail threats. Read More
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UK construction sector gains momentum despite housing drag
Tuesday 06 Jun 2023
(Sharecast News) - The UK construction sector saw an uptick in activity last month, a closely-watched survey showed on Tuesday, although higher interest rates continued to weigh heavily on house build... Read More
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Tuesday preview: German factory orders, British American Tobacco in focus
Tuesday 06 Jun 2023
(Sharecast News) - The economic calendar was rather sparse on Tuesday. Read More
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SSE fined £10m by Ofgem for overcharging
Tuesday 06 Jun 2023
(Sharecast News) - SSE has been fined nearly £10m by the regulator for overcharging National Grid, in breach of its licence. Read More
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Unilever starts search for new chair - report
Tuesday 06 Jun 2023
(Sharecast News) - Unilever has reportedly appointed executive search firm Spencer Stuart to seek a new board chair to replace Nils Andersen. Read More
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Chemring hails record order book, shares rally
Tuesday 06 Jun 2023
(Sharecast News) - Chemring posted a drop in interim profit and revenue on Tuesday, but shares surged as it reported a record order book. Read More
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Paragon Banking lifts NIM, mortgage lending guidance; shares jump
Tuesday 06 Jun 2023
(Sharecast News) - Paragon Banking lifted its full-year guidance for net interest margin and mortgage lending on Tuesday, and increased its buyback programme, sending shares sharply higher. Read More
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Genuit CFO Paul James to step down
Tuesday 06 Jun 2023
(Sharecast News) - Genuit said on Tuesday that chief financial officer Paul James plans to step down after five years in the role to become CFO of a privately-owned company. Read More
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BAT holds guidance, despite struggling US market
Tuesday 06 Jun 2023
(Sharecast News) - Cigarette and vaping products maker British American Tobacco held full-year revenue and profit guidance on Tuesday, with trading weighted towards the second half. Read More
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N Brown FY profits drop in 'challenging market'
Tuesday 06 Jun 2023
(Sharecast News) - Online fashion retailer N Brown posted a fall in full-year profit and revenue on Tuesday in a "challenging market". Read More
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US FDA accepts GSK supplemental application for Jemperli cancer drug
Tuesday 06 Jun 2023
(Sharecast News) - GSK said the US Food and Drug Administration (FDA) has accepted a supplemental Biologics License Application for its Jemperli treatment of adults with primary advanced or recurrent ... Read More
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Bank holidays fail to boost retail sector - BRC
Tuesday 06 Jun 2023
(Sharecast News) - UK retail sales growth slowed in May, industry data showed on Tuesday, despite a succession of bank holiday weekends. Read More
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London close: Stocks slip back after oil price rally
Monday 05 Jun 2023
(Sharecast News) - London stocks had reversed earlier gains to close weaker on Monday, having earlier rallied on the back of higher oil prices, as investors mulled the latest reading on the UK service... Read More
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Polymetal considers sale of Russian arm
Monday 05 Jun 2023
(Sharecast News) - Polymetal said on Monday that it is considering the sale of its Russian business following the resignation of two bosses and due to sanctions by the US. Read More
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