Company News
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McDonald's posts earnings beat despite Russia exit impact
Tuesday 26 Jul 2022
(Sharecast News) - McDonald's beat estimates with its second-quarter earnings on Tuesday, boosted by increased prices and a focus on value items, though its net sales fell short thanks to Russia's ong... Read More
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Watchdog orders Monzo to comply with banking rules
Tuesday 26 Jul 2022
(Sharecast News) - The Competition and Markets Authority has ordered digital bank Monzo to review the way it informs departing customers of their historic financial transactions. Read More
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Coca-Cola lifts full-year revenue guidance
Tuesday 26 Jul 2022
(Sharecast News) - Coca-Cola lifted its full-year revenue guidance on Tuesday as it posted a rise in second-quarter revenues. Read More
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Supply chain issues dent Q2 profits at General Motors
Tuesday 26 Jul 2022
(Sharecast News) - General Motors reported a decline in second-quarter profits on Tuesday as the car maker was hit by supply chain disruptions, particularly in June. Read More
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Daily Mirror publisher Reach posts drop in H1 profits amid cost pressures
Tuesday 26 Jul 2022
(Sharecast News) - Reach tumbled on Tuesday after the newspaper and magazine publisher posted a drop in first-half profits and revenues amid cost pressures and warned that digital growth would remain ... Read More
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UBS falls short in 'uncertain' second quarter
Tuesday 26 Jul 2022
(Sharecast News) - UBS reported a disappointing second quarter on Tuesday, with a souring economic outlook hurting its wealth management and investment banking and resulting in earnings coming in shor... Read More
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Oxford Biomedica inks LSA with US biotech firm, launches new project with Orchard Therapeutics
Tuesday 26 Jul 2022
(Sharecast News) - Gene and cell therapy group Oxford Biomedica inked a new licence and supply agreement with an unnamed US private biotechnology on Tuesday company and also launched a new project wit... Read More
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Sabre Insurance expecting recovery after first-half profits fall
Tuesday 26 Jul 2022
(Sharecast News) - Sabre Insurance announced an interim dividend of 2.8p per share on Tuesday, down from 3.7p a year ago but in line with its policy, after reporting a strong balance sheet and a fall ... Read More
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Wickes shares tumble as retailer lowers FY guidance
Tuesday 26 Jul 2022
(Sharecast News) - Shares in home improvement retailer Wickes were sharply lower early on Tuesday after the group downgraded full-year profit guidance and said it remained "watchful" of current macroe... Read More
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Heathrow sees better punctuality after passenger cap
Tuesday 26 Jul 2022
(Sharecast News) - UK airport Heathrow said punctuality and baggage handling had improved after imposing a cap on flight numbers due to weeks of travel chaos, but warned that a shortage of ground hand... Read More
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Shoe Zone lifts profits guidance again
Tuesday 26 Jul 2022
(Sharecast News) - Shoe Zone lifted annual guidance for the second time after reporting trading has been better than expected since it issued its most recent update in June. Read More
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Bridgepoint turns out solid first-half performance
Tuesday 26 Jul 2022
(Sharecast News) - Bridgepoint reported a rise in both revenue and underlying EBITDA in its first half on Tuesday, of 15% to £140.1m and 17% to £61.8m year-on-year, respectively. Read More
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Games Workshop FY profits rise despite heavy Brexit costs
Tuesday 26 Jul 2022
(Sharecast News) - Warhammer maker Games Workshop reported a rise in annual profits despite a surge in Brexit-related costs. Read More
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France's Eutelsat to merge with UK rival OneWeb
Tuesday 26 Jul 2022
(Sharecast News) - French satellite company Eutelsat Communications said on Tuesday that it has agreed an all-share merger with UK rival OneWeb to create "a leading global player in connectivity". Read More
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Unilever lifts FY guidance as first-half sales rise
Tuesday 26 Jul 2022
(Sharecast News) - Consumer goods giant Unilever reported a jump in first-half underlying sales on Tuesday after raising prices to tackle higher costs, as it lifted its sales growth guidance for the y... Read More
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Mitie Q1 trading 'strong', revenues grow
Tuesday 26 Jul 2022
(Sharecast News) - Facilities management outfit Mitie said on Tuesday that Q1 trading had been "strong", with the group witnessing continued good momentum throughout the period. Read More
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Tyman lifts dividend as H1 profits grow
Tuesday 26 Jul 2022
(Sharecast News) - Building products manufacturer Tyman reported a rise in first-half profit and revenue on Tuesday and lifted its dividend as it hiked prices to counter cost inflation. Read More
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Drax first-half profit grows, full-year expectations backed
Tuesday 26 Jul 2022
(Sharecast News) - Renewable power generator Drax backed its full-year expectations on Tuesday as it posted a rise in first-half profit amid solid demand. Read More
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Workspace offloads Newbury medical centre for £7.25m
Tuesday 26 Jul 2022
(Sharecast News) - Flexible office space provider Workspace Group has disposed of a medical centre in Newbury for a total of £7.25m. Read More
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Bytes starts new fiscal year with strong growth
Tuesday 26 Jul 2022
(Sharecast News) - Software, security and cloud services specialist Bytes Technology Group said growth in gross invoiced income, gross profit and adjusted operating profit all "comfortably" in double ... Read More
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